1. 1
1Q08 Results Presentation
May 06, 2008
Speakers :
Anis Chacur Neto Deputy CEO
Sérgio Lulia Jacob Executive VP & IR Officer
Alexandre Sinzato IR Manager
2. 2
1Q08 Highlights
The loan portfolio, including guarantees, reached R$5,779.3 million, expanding by
15.8% in relation to 4Q07 and by 80.9% in relation to 1Q07
The quality of the loan portfolio remained high, with 99.4% of loan operations rated
between AA and C (Central Bank of Brazil - Resolution 2682), versus 98.4% in 1Q07
and 99.5% in 4Q07 .
Net income increased by 106.4% to R$38.0 million in 1Q08, from R$18.4 million in
1Q07. Net income was 25.0% lower in relation to 4Q07, impacted by the tax benefit from
the distribution of Interest on Equity for fiscal year 2007. Excluding non recurring
revenues (expenses) net profit increased 71.9% when compared to 1Q07 and decreased
12.3% when compared to 4Q07.
Moody´s Investors Service assigned Banco ABC BRASIL as Investment Grade. Moody's
assigned ratings for both long- and short-term local-currency deposits of Aaa.br/Br-1 on
the Brazilian national scale and of Baa2/P-2 on the global scale (stable outlook).
Inauguration of new platforms:
Middle Market : Rio de Janeiro and Santa Catarina
Wholesale & Large Middle: Minas Gerais
3. 3
Ownership Structure
R$ 1.3 billion
MARKET CAP*
*Note: Market Cap based on price of R$9.60 per share on 3/31/2008
ABC
(Marsau Uruguay)
56%
Local
Management
9.40%
Free Float
33.20%
Associates
1.40%
4. 4
1Q07 4Q07 1Q08
88.4%
86.3%
85.9%
10.7%
11.8%
11.4%
0.9%
1.9%
2.6%
Wholesale+L.Middle Middle Consumer
3,194
4,992
5,779CAGR = 81.0%
R$ Million
Credit Portfolio (including guarantees)
R$ Million
Loans per Ticket
(R$)
1Q08 part. (%) 4Q07 part. (%)
0 - 500 k 202.4 4.7 125.6 3.2
500 k - 2 mi 200.4 4.6 192.8 5.0
2 mi - 5 mi 416.4 9.6 448.8 11.5
5 mi - 10 mi 829.9 19.1 772.0 19.9
> 10 mi 2,702.6 62.0 2,348.0 60.4
Total 4,351.6 100.0 3,887.2 100.0
5. 5
High-Quality Credit Portfolio
D-H 0.6%
AA-C 99.4%
Average Annual Losses/Portfolio in the past 10 years: 0.25%
Segment
1Q08 Loan
Porfolio (*)
1Q08 Write
Off
%
Portfolio
1Q08
PLL
%
Portfolio
Past Due
(> 60days)
%
Portfolio
Wholesale+L.Middle 3,556.2 2.9 0.1 25.2 0.7 1.6 0.0
Middle 644.1 1.8 0.3 15.4 2.4 7.9 1.2
Consumer 151.3 0.2 0.1 2.4 1.6 0.5 0.3
Total 4,351.6 4.9 0.11 43.0 0.99 10.0 0.23
*Excluding guarantees
Rating (*) 1Q08 % Portfolio
AA 866.7 19.9
A 1,814.1 41.8
B 1,356.2 31.2
C 288.8 6.6
D 10.8 0.2
E 2.3 0.1
F 4.5 0.1
G 1.7 0.0
H 6.5 0.1
Total 4,351.6 100.0
7. 7
1Q07 4Q07 1Q08
CAGR = 75.9%
R$ Million
1Q07 4Q07 1Q08
Duration
(ex-BNDES)
341 352 340
Average Ticket R$ 7.3 MM R$ 9.2 MM R$ 10.5 MM
Clients 387 466 475
Wholesale and Large Middle
2,824.1
4,308.7
4,967.1
SP;
39.3%
SP
Countryside /
Midwest;
37.6%
South;
11.9%
RJ / Northeast;
11.2%
8. 8
1Q07 4Q07 1Q08
Middle Market
CAGR = 93.2%
SP; 82.4%
SP –
Countryside;
10.1%
BH; 7.5%
R$ Million
342.1
587.2
660.9
1Q07 4Q07 1Q08
Duration
(ex-BNDES)
118 181 185
Average Ticket R$ 1.4 MM R$ 1.9 MM R$ 2.1 MM
Clients 241 311 317
9. 9
Payroll Deductible
CAGR = 446.2%
R$ Million
27.7
96.3
151.3
INSS
39.9%
Other
60.1%
INSS
26.7%
Other
73.3%
4Q07
1Q08
4Q07 1Q08
Duration 642 731
Average Ticket R$ 3,081 R$ 3,811
Agreements 29 34
Monthly Average
Origination
12 MM 21 MM
1Q07 4Q07 1Q08
10. 10
Capital Market 1Q08 1Q07 Chg.(%) 4Qq07 Chg.(%)
Underwriting Fees and Structured Oper. - 3.9 - 4.6 -
Number of trades - 4.0 - 6.0 -
Other Activities
CAPITAL MARKET
TREASURY
Treasury 1Q08 1Q07 Chg.(%) 4Q07 Chg.(%)
Income(R$ MM) 15.0 14.9 0.7 14.4 4.3
Average consolidated VaR (R$ MM) 2.7 2.9 (6.9) 2.7 -
11. 11
Local Global
Aaa.Br Baa2
AA- BB+
ABC Brasil strength attested by its solid credit rating history
RATINGS
* Local-Currency Deposits
(*)
Funding
Financial
Institutions
41.5%
Private
3.2%
Corporate
25.8%
Institutional
18.8%
BNDES
10.7%
INTERNATIONAL LOCAL
12. 12
38.0
65.0
-24.9
-14.5
-17.2
15.0
89.1
5.5
-11.7
9.1
1Q08 Net Income Breakdown
Other
Operational
Expenses
Income Tax
and Social
Distribution Profit Sharing
Net
Income
Loan
Operations*
Treasury
Services Interest on
Stockholder’s
Capital
Results 1Q08 1Q07 Chg.(%) 4Q07 Chg.(%)
Credit * 72.9 38.7 88.4 71.3 2.2
PDD (7.9) (4.1) 92.7 (3.5) 125.7
Services 9.1 9.0 1.0 12.4 (26.6)
Treasury 15.0 14.9 0.7 14.4 4.3
Operational Revenues 89.1 58.5 52.3 94.6 -5.8
Other Income/Expenses (24.9) (26.1) (4.6) (33.4) (25.5)
Profit Sharing (14.5) (1.4) 938.6 (11.2) 29.2
Taxes (11.7) (12.6) (7.5) 0.7 (1,701.1)
Net Income 38.0 18.4 106.4 50.7 -25
*Including the Oportunity Cost in 1Q07: R$13.0mm, in 4Q07: R$28.4mm and in 1Q08: R$27.9 mm.
16. 16
The following material, on this date, is a presentation containing general information about
the Banco ABC Brasil S.A. We offer no guarantee and make no declaration, implicitly or
explicitly, as to the accuracy, completeness or scope of this information.
This presentation may include forward-looking statements of future events or results
according to the regulations of the Brazilian and International securities and exchange
commissions. These statements are based on certain assumptions and analyses by the
Company that reflect its experience, the economic environment, future market conditions and
expected events by the company, many of which are beyond the control of the Company.
Important factors that may lead to significant differences between the actual results and the
statements of expectations about future events or results include the company’s business
strategy, Brazilian and International economic conditions, technology, financial strategy,
financial market conditions, uncertainty regarding the results of its future operations, plans,
objectives, expectations and intentions, among others. Considering these factors, the actual
results of the company may be significantly different from those shown or implicit in the
statement of expectations about future events or results.
The information and opinions contained in this presentation should not be understood as a
recommendation to potential investors and no investment decision is to be based on the
veracity, current events or completeness of this information or these opinions. No advisors to
the company or parties related to them or their representatives should have any responsibility
for any losses that may result from the use or contents of this presentation.
Disclaimer
17. 17
Contacts
Investor Relations
Sergio Lulia Jacob – Executive VP & IR Officer
Alexandre Sinzato – IR Manager
Eduardo Randich – IR Analyst
Web Site: www.abcbrasil.com.br/ri
Email: ri@abcbrasil.com.br
Phone: +55 (11) 3170 2186
