Banco Santander (Brasil) S.A. presented information about its operations in Brazil. It is the 3rd largest private bank in Brazil by total assets, with an 11% market share of loans in the Brazilian banking system. The presentation was provided for informational purposes only and contained forecasts that involve risks and uncertainties. Past performance and predictions are not a guarantee of future performance, and the company is not obliged to update the information in light of new events or circumstances.
- Banco Santander (Brasil) S.A. presented information on its operations and financial results in Brazil
- Santander is the 3rd largest private bank in Brazil with a market share of 11% in loans and strong distribution platform of over 3,600 branches
- Integration of Banco Real and Santander Brasil is largely complete, with cost synergies of R$1,545 million achieved, exceeding expectations by R$145 million
- Managerial loan portfolio grew 15.8% year-over-year in IFRS and 17.4% including acquired portfolios, with corporate loans up 24.2% and SME loans up 14.7%
Banco Santander (Brasil) S.A. is one of the largest private banks in Brazil, with market shares of 11% in loans and 8% in deposits. In the first half of 2010, the bank reported net profits of R$3.5 billion on total assets of R$245 billion. Santander Brazil has over 3,500 branches across the country, integrating its acquisitions to create synergies and efficiencies. The bank is focused on growing its retail banking business through its Conta Integrada product.
(1) First Horizon National Corporation reported a net loss of $35 million in Q3 2009, an improvement from a $105 million net loss in Q2 2009. (2) Noninterest income increased 7% quarter-over-quarter due to debt repurchase gains, while noninterest expense decreased 13% due to lower restructuring charges. (3) The provision for loan losses decreased 29% from $260 million to $185 million as credit quality stabilized.
Citigroup reported its quarterly financial results. Net income for 4Q 2001 was $3.875 billion, up 36% from 4Q 2000. Core income, which excludes certain items, was $3.862 billion for 4Q 2001, up 16% from the prior year. Total revenues for Global Consumer increased 20% to $11.207 billion compared to 4Q 2000, driven by growth in North America Cards, Citibanking North America, and Mortgage Banking. Revenues for Global Corporate were relatively flat compared to the prior year.
Citigroup reported a net loss of $5.1 billion for the first quarter of 2008, compared to net income of $5 billion for the first quarter of 2007. Revenues declined 48% to $13.2 billion for the quarter. The global consumer business reported a net income of $1.4 billion, down 45% from the prior year, with the U.S. consumer business reporting net income of $279 million, down 84%. Markets and Banking reported a net loss of $5.7 billion for the quarter compared to net income of $2.7 billion in the prior year.
Citigroup reported its quarterly financial results. Some key highlights:
- Core income for Q4 2000 was $3.331 billion, up 11% from Q4 1999.
- Net income for Q4 2000 was $2.84 billion, down 6% from Q4 1999 due to restructuring charges.
- Global Consumer segment revenues grew 9% to $10.243 billion in Q4 2000.
- Global Corporates and Institutions segment revenues grew 16% to $8.464 billion in Q4 2000.
The document provides an overview of BI&P's 2Q11 results presentation. It begins with standard disclaimer language about forward-looking statements and risk factors. The presentation then discusses BI&P's new strategic direction after a capital increase and partnership with new investors. Key points include expanded credit portfolio, stable funding sources, adequate capital and liquidity levels, and profit impacted by loan loss provisions and conservative liquidity strategies.
The document provides information about Investe São Paulo, the investment promotion agency of the state of São Paulo, Brazil. It summarizes Investe São Paulo's mission to attract new investments and expand existing businesses in São Paulo. It also outlines the agency's areas of activity including investment outreach, projects, institutional activities, and actions to promote competitiveness. Additionally, it provides statistics on recent investment announcements and origin of investments attracted to São Paulo.
- Banco Santander (Brasil) S.A. presented information on its operations and financial results in Brazil
- Santander is the 3rd largest private bank in Brazil with a market share of 11% in loans and strong distribution platform of over 3,600 branches
- Integration of Banco Real and Santander Brasil is largely complete, with cost synergies of R$1,545 million achieved, exceeding expectations by R$145 million
- Managerial loan portfolio grew 15.8% year-over-year in IFRS and 17.4% including acquired portfolios, with corporate loans up 24.2% and SME loans up 14.7%
Banco Santander (Brasil) S.A. is one of the largest private banks in Brazil, with market shares of 11% in loans and 8% in deposits. In the first half of 2010, the bank reported net profits of R$3.5 billion on total assets of R$245 billion. Santander Brazil has over 3,500 branches across the country, integrating its acquisitions to create synergies and efficiencies. The bank is focused on growing its retail banking business through its Conta Integrada product.
(1) First Horizon National Corporation reported a net loss of $35 million in Q3 2009, an improvement from a $105 million net loss in Q2 2009. (2) Noninterest income increased 7% quarter-over-quarter due to debt repurchase gains, while noninterest expense decreased 13% due to lower restructuring charges. (3) The provision for loan losses decreased 29% from $260 million to $185 million as credit quality stabilized.
Citigroup reported its quarterly financial results. Net income for 4Q 2001 was $3.875 billion, up 36% from 4Q 2000. Core income, which excludes certain items, was $3.862 billion for 4Q 2001, up 16% from the prior year. Total revenues for Global Consumer increased 20% to $11.207 billion compared to 4Q 2000, driven by growth in North America Cards, Citibanking North America, and Mortgage Banking. Revenues for Global Corporate were relatively flat compared to the prior year.
Citigroup reported a net loss of $5.1 billion for the first quarter of 2008, compared to net income of $5 billion for the first quarter of 2007. Revenues declined 48% to $13.2 billion for the quarter. The global consumer business reported a net income of $1.4 billion, down 45% from the prior year, with the U.S. consumer business reporting net income of $279 million, down 84%. Markets and Banking reported a net loss of $5.7 billion for the quarter compared to net income of $2.7 billion in the prior year.
Citigroup reported its quarterly financial results. Some key highlights:
- Core income for Q4 2000 was $3.331 billion, up 11% from Q4 1999.
- Net income for Q4 2000 was $2.84 billion, down 6% from Q4 1999 due to restructuring charges.
- Global Consumer segment revenues grew 9% to $10.243 billion in Q4 2000.
- Global Corporates and Institutions segment revenues grew 16% to $8.464 billion in Q4 2000.
The document provides an overview of BI&P's 2Q11 results presentation. It begins with standard disclaimer language about forward-looking statements and risk factors. The presentation then discusses BI&P's new strategic direction after a capital increase and partnership with new investors. Key points include expanded credit portfolio, stable funding sources, adequate capital and liquidity levels, and profit impacted by loan loss provisions and conservative liquidity strategies.
The document provides information about Investe São Paulo, the investment promotion agency of the state of São Paulo, Brazil. It summarizes Investe São Paulo's mission to attract new investments and expand existing businesses in São Paulo. It also outlines the agency's areas of activity including investment outreach, projects, institutional activities, and actions to promote competitiveness. Additionally, it provides statistics on recent investment announcements and origin of investments attracted to São Paulo.
- Citigroup reported quarterly financial results for 3Q 2000, with net income of $3.088 billion, up 27% from 3Q 1999. Core income was $3.111 billion for the quarter, also up 27% year-over-year.
- Total revenues for Citigroup's Global Consumer segment were $7.515 billion in 3Q 2000, up 5% from 3Q 1999. The Global Corporate and Investment Bank segment reported revenues of $8.097 billion, a 26% increase.
- Total assets reached $805 billion in 3Q 2000, up from $686.8 billion in 3Q 1999. Book value per share increased to $11.55 from $9
The report on Pensions & Benefits in the COTN as presented by the presiding General Superintendent to the 2012 Assembly of the Rocky Mountain District.
The document discusses Barrick Gold's commitment to shareholder value creation. It provides an overview of Barrick's management team and board of directors, capital markets profile, asset base including recent developments and production figures for its Young-Davidson and El Chanate mines. Barrick highlights its compelling value proposition which includes high quality assets, low cost production, organic growth profile, mine longevity, strong balance sheet, growing free cash flow, and leverage to gold prices.
- Prudential Financial, Inc. released its Quarterly Financial Supplement for the second quarter of 2002.
- The supplement provides financial and operating highlights for Prudential's Financial Services Businesses, including revenues, income, assets under management, capitalization data and more for the quarter and year-to-date.
- Total revenues for Prudential's Financial Services Businesses were $10.2 billion for the first half of 2002, up 8% from the same period in 2001, with growth in premiums and net investment income.
Credit Portfolio Business Model & Iacpm IntroductionEric Kuo
The document introduces the International Association of Credit Portfolio Managers (IACPM) and discusses credit portfolio management (CPM) business models. Many large banks worldwide participate in credit portfolio management to support the shift from an "originate and hold" model to an "originate and distribute" model. CPM units can be structured in different ways within banks, either under the business unit, risk management, or as an independent unit.
This report initiates coverage on five Brazilian real estate companies and assigns investment ratings and target prices. The main driver for growth in the sector is expected to be increasing availability of affordable credit, which has unleashed pent-up demand. Companies have opted to finance growth through equity offerings. Strategic moves going forward include geographic diversification, consolidation in the sector, and expanding into lower income segments where most of Brazil's housing deficit exists. Valuation metrics like PER, P/B, and EV/EBITDA ratios are provided for each company, with Klabin Segall standing out as undervalued relative to peers.
The presentation provides an overview of LPS Brasil's operational and financial results for the second quarter of 2011, highlighting record contracted sales of R$5 billion, net revenue of R$127 million (up 59% year-over-year), and net income of R$39.7 million. CrediPronto also achieved strong growth in mortgage originations and financed volume.
Peak Energy Services Trust is an energy services company operating in western Canada and the United States. It provides drilling, production, oil sands, and water technology services. Peak has grown through 26 acquisitions since 1996 and expanded its U.S. operations. It has a diversified asset base of rental equipment and a strong balance sheet with $30 million in working capital and $194 million in tangible assets. Peak is pursuing growth in the recovering oil and gas industry.
Gunnebo's Capital Market Day in Stockholm 2012Gunnebo Group
The document summarizes Gunnebo's strategic development over four phases from 1995 to the present. Phase 1 from 1995-2005 focused on growth through acquisitions. Phase 2 from 2006-2008 focused on consolidation. Phase 3 from 2009-2010 focused on strategy implementation through the "Get It Right" program. Phase 4 from 2011 onward focuses on strategy execution. The current phase 5, which begins in 2013, will focus on delivery on financial targets through geographical expansion, cost reductions, and acquisitions like the recently acquired Hamilton Safe Companies in the US.
Este documento apresenta a política de saúde e segurança no trabalho da empresa, que visa proteger a vida e saúde dos trabalhadores e a comunidade, através de princípios como promover um ambiente de trabalho saudável e seguro, prevenir danos ao meio ambiente e cumprir normas de segurança.
The document discusses potential Department of Labor audits of employers for compliance with wage and hour laws. It notes that DOL investigations have increased 42% from 2011 to 2012. Employers can be audited based on complaints, random selection, or as a follow up to a prior investigation. Noncompliance can result in civil monetary penalties, back wages owed to employees, fines, and even criminal sanctions for willful violations. The DOL has broad authority to subpoena records and question employees during investigations. The document provides an overview of key areas that are audited - overtime pay, exemptions from overtime, worker classification as employees vs. contractors, and recordkeeping requirements. It offers recommendations for how employers can review their pay practices in these
O documento anuncia o II Congresso Aquático que ocorrerá nos dias 15 e 16 de novembro. O congresso contará com palestras de treinadores renomados sobre temas relacionados ao aprendizado e desenvolvimento de habilidades aquáticas. Também incluirá demonstrações práticas de exercícios de hidroginástica. As inscrições custam R$130,00 e podem ser parceladas, com 120 vagas disponíveis.
O Futuro do Atendimento na Era do Cliente Conectado: Salesforce WT 2016Salesforce Brasil
O documento discute como as empresas podem melhorar a experiência do cliente na era digital, onde os clientes estão sempre conectados. Resume três pontos principais: 1) Os clientes esperam interações personalizadas, rápidas e inteligentes em todos os canais; 2) As empresas precisam usar plataformas como o Service Cloud para fornecer esse tipo de experiência conectada; 3) O Banco Original usou com sucesso o Service Cloud para melhorar significativamente a satisfação e a retenção dos clientes.
O documento discute a importância da gestão de nível de serviço e dos acordos de nível de serviço (SLA) para manter a qualidade dos serviços prestados e a satisfação dos clientes. Ele explica conceitos como serviço, qualidade do serviço e SLA, e destaca a necessidade de entender as expectativas dos clientes. Também aborda os componentes de um SLA, como o provedor de serviço, o cliente e contratos de apoio, e os níveis em que um SLA pode ser aplicado, como corporativo e departamental.
O documento discute formas de captação de recursos para a cultura, incluindo doações, patrocínios e marketing. Apresenta os principais mecanismos de incentivo fiscal para investimentos em cultura, como a Lei Rouanet e leis estaduais de incentivo. Também fornece dados sobre valores captados por esses mecanismos e distribuição por estado e tipo de investidor.
Os documentos fornecem as listas de classificação de candidatos para diferentes cursos no Campus Recife do Instituto Federal de Educação, Ciência e Tecnologia de Pernambuco. As listas incluem o nome, número de inscrição e média dos candidatos classificados para Refrigeração e Ar Condicionado, Edificações, Segurança do Trabalho e Química Industrial.
مركز الفحص الطبي قبل الزواج
قانون الفحص الطبي قبل الزواج
آلية الفحص الطبي قبل الزواج
الأمراض التي تجرى عليها الفحوصات الطبية للفحص الطبي قبل الزواج
أهمية الفحص الطبي قبل الزواج
موقع مراكز الفحص الطبي قبل الزواج
The document discusses optimizing the value of e-health initiatives through the use of an investment model. It notes that large e-health programs often fail due to ill-defined requirements, low stakeholder engagement, slow adoption rates, and unwillingness to invest capital required. The solution is a customizable investment model that can guide policymakers and help define, implement, and gain acceptance for viable e-health programs. The model calculates and compares the types of benefits that can be achieved, assesses the value of different applications, and identifies which stakeholders will incur costs and receive benefits.
Ypfb detecta otro indicio en caso gerson y solicita aprehensión de marcelo oñaOxígeno Bolivia
YPFB ha encontrado nuevas pruebas en su investigación sobre actos de corrupción cometidos por el ex gerente de Planta de Separación de Líquidos Gerson Rojas y el abogado Marcelo Oña. Se solicita la detención de Oña debido a irregularidades encontradas en la compra de un terreno, incluyendo que el abogado obtuvo poderes para representar a los vendedores y que el terreno no estaba debidamente saneado cuando fue comprado por YPFB. La investigación continúa examinando minuciosamente todos los procesos de contrata
- Citigroup reported quarterly financial results for 3Q 2000, with net income of $3.088 billion, up 27% from 3Q 1999. Core income was $3.111 billion for the quarter, also up 27% year-over-year.
- Total revenues for Citigroup's Global Consumer segment were $7.515 billion in 3Q 2000, up 5% from 3Q 1999. The Global Corporate and Investment Bank segment reported revenues of $8.097 billion, a 26% increase.
- Total assets reached $805 billion in 3Q 2000, up from $686.8 billion in 3Q 1999. Book value per share increased to $11.55 from $9
The report on Pensions & Benefits in the COTN as presented by the presiding General Superintendent to the 2012 Assembly of the Rocky Mountain District.
The document discusses Barrick Gold's commitment to shareholder value creation. It provides an overview of Barrick's management team and board of directors, capital markets profile, asset base including recent developments and production figures for its Young-Davidson and El Chanate mines. Barrick highlights its compelling value proposition which includes high quality assets, low cost production, organic growth profile, mine longevity, strong balance sheet, growing free cash flow, and leverage to gold prices.
- Prudential Financial, Inc. released its Quarterly Financial Supplement for the second quarter of 2002.
- The supplement provides financial and operating highlights for Prudential's Financial Services Businesses, including revenues, income, assets under management, capitalization data and more for the quarter and year-to-date.
- Total revenues for Prudential's Financial Services Businesses were $10.2 billion for the first half of 2002, up 8% from the same period in 2001, with growth in premiums and net investment income.
Credit Portfolio Business Model & Iacpm IntroductionEric Kuo
The document introduces the International Association of Credit Portfolio Managers (IACPM) and discusses credit portfolio management (CPM) business models. Many large banks worldwide participate in credit portfolio management to support the shift from an "originate and hold" model to an "originate and distribute" model. CPM units can be structured in different ways within banks, either under the business unit, risk management, or as an independent unit.
This report initiates coverage on five Brazilian real estate companies and assigns investment ratings and target prices. The main driver for growth in the sector is expected to be increasing availability of affordable credit, which has unleashed pent-up demand. Companies have opted to finance growth through equity offerings. Strategic moves going forward include geographic diversification, consolidation in the sector, and expanding into lower income segments where most of Brazil's housing deficit exists. Valuation metrics like PER, P/B, and EV/EBITDA ratios are provided for each company, with Klabin Segall standing out as undervalued relative to peers.
The presentation provides an overview of LPS Brasil's operational and financial results for the second quarter of 2011, highlighting record contracted sales of R$5 billion, net revenue of R$127 million (up 59% year-over-year), and net income of R$39.7 million. CrediPronto also achieved strong growth in mortgage originations and financed volume.
Peak Energy Services Trust is an energy services company operating in western Canada and the United States. It provides drilling, production, oil sands, and water technology services. Peak has grown through 26 acquisitions since 1996 and expanded its U.S. operations. It has a diversified asset base of rental equipment and a strong balance sheet with $30 million in working capital and $194 million in tangible assets. Peak is pursuing growth in the recovering oil and gas industry.
Gunnebo's Capital Market Day in Stockholm 2012Gunnebo Group
The document summarizes Gunnebo's strategic development over four phases from 1995 to the present. Phase 1 from 1995-2005 focused on growth through acquisitions. Phase 2 from 2006-2008 focused on consolidation. Phase 3 from 2009-2010 focused on strategy implementation through the "Get It Right" program. Phase 4 from 2011 onward focuses on strategy execution. The current phase 5, which begins in 2013, will focus on delivery on financial targets through geographical expansion, cost reductions, and acquisitions like the recently acquired Hamilton Safe Companies in the US.
Este documento apresenta a política de saúde e segurança no trabalho da empresa, que visa proteger a vida e saúde dos trabalhadores e a comunidade, através de princípios como promover um ambiente de trabalho saudável e seguro, prevenir danos ao meio ambiente e cumprir normas de segurança.
The document discusses potential Department of Labor audits of employers for compliance with wage and hour laws. It notes that DOL investigations have increased 42% from 2011 to 2012. Employers can be audited based on complaints, random selection, or as a follow up to a prior investigation. Noncompliance can result in civil monetary penalties, back wages owed to employees, fines, and even criminal sanctions for willful violations. The DOL has broad authority to subpoena records and question employees during investigations. The document provides an overview of key areas that are audited - overtime pay, exemptions from overtime, worker classification as employees vs. contractors, and recordkeeping requirements. It offers recommendations for how employers can review their pay practices in these
O documento anuncia o II Congresso Aquático que ocorrerá nos dias 15 e 16 de novembro. O congresso contará com palestras de treinadores renomados sobre temas relacionados ao aprendizado e desenvolvimento de habilidades aquáticas. Também incluirá demonstrações práticas de exercícios de hidroginástica. As inscrições custam R$130,00 e podem ser parceladas, com 120 vagas disponíveis.
O Futuro do Atendimento na Era do Cliente Conectado: Salesforce WT 2016Salesforce Brasil
O documento discute como as empresas podem melhorar a experiência do cliente na era digital, onde os clientes estão sempre conectados. Resume três pontos principais: 1) Os clientes esperam interações personalizadas, rápidas e inteligentes em todos os canais; 2) As empresas precisam usar plataformas como o Service Cloud para fornecer esse tipo de experiência conectada; 3) O Banco Original usou com sucesso o Service Cloud para melhorar significativamente a satisfação e a retenção dos clientes.
O documento discute a importância da gestão de nível de serviço e dos acordos de nível de serviço (SLA) para manter a qualidade dos serviços prestados e a satisfação dos clientes. Ele explica conceitos como serviço, qualidade do serviço e SLA, e destaca a necessidade de entender as expectativas dos clientes. Também aborda os componentes de um SLA, como o provedor de serviço, o cliente e contratos de apoio, e os níveis em que um SLA pode ser aplicado, como corporativo e departamental.
O documento discute formas de captação de recursos para a cultura, incluindo doações, patrocínios e marketing. Apresenta os principais mecanismos de incentivo fiscal para investimentos em cultura, como a Lei Rouanet e leis estaduais de incentivo. Também fornece dados sobre valores captados por esses mecanismos e distribuição por estado e tipo de investidor.
Os documentos fornecem as listas de classificação de candidatos para diferentes cursos no Campus Recife do Instituto Federal de Educação, Ciência e Tecnologia de Pernambuco. As listas incluem o nome, número de inscrição e média dos candidatos classificados para Refrigeração e Ar Condicionado, Edificações, Segurança do Trabalho e Química Industrial.
مركز الفحص الطبي قبل الزواج
قانون الفحص الطبي قبل الزواج
آلية الفحص الطبي قبل الزواج
الأمراض التي تجرى عليها الفحوصات الطبية للفحص الطبي قبل الزواج
أهمية الفحص الطبي قبل الزواج
موقع مراكز الفحص الطبي قبل الزواج
The document discusses optimizing the value of e-health initiatives through the use of an investment model. It notes that large e-health programs often fail due to ill-defined requirements, low stakeholder engagement, slow adoption rates, and unwillingness to invest capital required. The solution is a customizable investment model that can guide policymakers and help define, implement, and gain acceptance for viable e-health programs. The model calculates and compares the types of benefits that can be achieved, assesses the value of different applications, and identifies which stakeholders will incur costs and receive benefits.
Ypfb detecta otro indicio en caso gerson y solicita aprehensión de marcelo oñaOxígeno Bolivia
YPFB ha encontrado nuevas pruebas en su investigación sobre actos de corrupción cometidos por el ex gerente de Planta de Separación de Líquidos Gerson Rojas y el abogado Marcelo Oña. Se solicita la detención de Oña debido a irregularidades encontradas en la compra de un terreno, incluyendo que el abogado obtuvo poderes para representar a los vendedores y que el terreno no estaba debidamente saneado cuando fue comprado por YPFB. La investigación continúa examinando minuciosamente todos los procesos de contrata
Banco santander brasil guia de cocriaçao julho 2011 (2)TheThinkingHotel
O documento apresenta um guia para planejar processos de co-criação de forma passo a passo, começando pela identificação da necessidade, propósito e princípios, escolha das pessoas envolvidas e seus papéis, desenho do processo e próximos passos. Ele também detalha 11 princípios de co-criação como estar aberto ao novo, buscar coerência e estimular a
Pradeep Kumar Gupta is a mechanical engineer seeking a career in product design and R&D. He has over 5 years of experience in designing equipment for cement plants. Currently he works as a senior engineer at Saiphia Technology, where he leads a team and oversees projects modifying cement plant equipment to increase production capacities. His responsibilities include 3D modeling, drawing preparation, sizing equipment, and quality inspections. Previously he has worked on upgrading projects in Sri Lanka, Malaysia, India that increased production rates. He is pursuing an AMIE and has technical skills in CAD, piping design, and pneumatic systems.
ScienceSoft is an international IT company specializing in software solutions, consulting, and outsourcing for banking and finance customers. It has over 450 employees and customers in over 25 countries. ScienceSoft provides mobile and internet banking applications, payment card solutions, CRM systems, loyalty programs, analytics, security solutions, and portal development for banks. Recent projects include a mobile banking app, corporate intranet portal, and system stabilization for a consulting company.
Razvan-Sorin Pasca has over 18 years of experience in senior financial roles, most recently as Chief Financial Officer for Romstrade Group, a large infrastructure company in Romania. He has a strong background in financial management, strategy, accounting, and business operations. Pasca is currently pursuing his CIMA certification and seeks a senior financial position.
- Banco Santander (Brasil) S.A. presented information on its operations and financial results in Brazil
- Santander is the 3rd largest private bank in Brazil with a market share of 11% in loans and strong distribution platform of over 3,600 branches
- Integration of Banco Real and Santander Brasil is largely complete, with cost synergies of R$1.5 billion realized above initial targets
- Managerial loan portfolio grew 15.8% year-over-year in IFRS and 17.4% including acquired portfolios, with corporate loans up 24.2%
Banco Santander (Brasil) S.A. presented information on its business in Brazil. Key points include:
- Brazil has favorable demographic and social trends including a demographic bonus from a young population and increasing social mobility.
- Santander Brazil has over 3,600 branches and 24 million customers, making it one of the largest banks in the country.
- The presentation contains additional details on Santander Brazil's strategy, business lines, financial results under IFRS, asset quality, and other information.
- It provides this information for informational purposes only and does not constitute an offer to sell or solicit an investment, with forecasts containing inherent risks and uncertainties.
Banco Santander (Brasil) S.A. presented information on its business in Brazil and Latin America. It operates in key Latin American countries like Brazil, Mexico, Colombia, Peru, and Puerto Rico. Latin America represents 37% of Santander's global business. In the first half of 2010, Santander's Latin American business generated $2.86 billion in net attributable income with $143 billion in loans and $156 billion in deposits.
Banco Santander (Brasil) S.A. presented information on its business in Brazil and Latin America. It operates in key Latin American countries like Brazil, Mexico, Colombia, Peru, and Puerto Rico. Latin America represents 37% of Santander's global business. In the first half of 2010, Santander's Latin American business generated $2.86 billion in net attributable income from $143 billion in loans and $156 billion in deposits.
Banco Santander (Brasil) S.A. is the third largest private bank in Brazil. It operates according to Santander's global corporate values and business model, which focuses on retail banking, geographic diversification, control and risk management, and efficiency. Santander has a significant presence in Latin America, including Brazil, where it has a large distribution platform and market share. It has integrated two large Brazilian banks and captured cost synergies through its integration plan. The bank aims to provide excellent commercial services and maximize shareholder returns through its well-defined corporate governance structure. In 2009, Banco Santander saw growth in key financial metrics such as net profit, revenues, and funding from clients.
Banco Santander (Brasil) S.A. is the third largest private bank in Brazil. It operates according to Santander's global corporate values and business model, which focuses on retail banking, geographic diversification, control and risk management, efficiency, and disciplined capital use. Santander has a significant presence in Brazil and other Latin American countries, and is considered a global banking leader. In Brazil, Santander has a large distribution network and seeks to integrate its platforms to improve commercial offerings and realize cost synergies through its integration plan. The bank maintains a defined corporate governance structure and reported strong financial results in 2009, with growing profits and revenues outpacing general expenses.
Banco Santander (Brasil) S.A. is the third largest private bank in Brazil. It operates according to Santander's global corporate values and business model, which focuses on retail banking, geographic diversification, control and risk management, and efficiency. Santander has a significant presence in Brazil as well as other Latin American countries such as Chile, Mexico, and Argentina. In Brazil, Santander has over 3,500 branches and has integrated two major acquisitions to become a leading retail and commercial bank, generating over R$5.5 billion in net profit in 2009.
Btg pactual eleventh annual ceo conference somente em inglêsrisantander
Banco Santander (Brasil) S.A. is a leading bank in Brazil and Latin America. It has over 3,500 branches in Brazil serving over 21 million customers, with an 11.1% share of loans and 8.1% share of savings in the country. The document discusses Santander's operations worldwide and its strong presence across Latin America, with key operations in Brazil, Chile, Mexico, and other countries. Santander has achieved global recognition, being named the World's Best Bank.
Btg pactual eleventh annual ceo conference somente em inglêsrisantander
Banco Santander (Brasil) S.A. is a leading bank in Brazil and Latin America. It has over 3,500 branches in Brazil serving over 21 million customers, with an 11.1% share of loans and 8.1% share of savings in the country. The bank has benefited from Brazil's strong macroeconomic growth and stability in recent decades, with declining inflation and interest rates helping to fuel investment and economic expansion.
Banco Santander (Brasil) S.A. is the third largest private bank in Brazil. It operates according to Santander's global corporate values and business model, which focuses on retail banking, geographic diversification, control and risk management, and efficiency. Santander has a significant presence in Brazil as well as other Latin American countries such as Chile, Mexico, and Argentina. In Brazil, Santander has over 3,500 branches and has integrated two major acquisitions to become a leading retail and commercial bank, generating over R$5.5 billion in net profit in 2009.
Btg pactual eleventh annual ceo conference somente em inglêsrisantander
Banco Santander (Brasil) S.A. is a leading bank in Brazil and Latin America. It has over 3,500 branches in Brazil serving over 21 million customers, with an 11.1% share of loans and 8.1% share of savings in the country. The document discusses Santander's operations worldwide and its strong presence across Latin America, with key operations in Brazil, Chile, Mexico, and other countries. Santander has achieved global recognition, being named the World's Best Bank.
Banco Santander (Brasil) S.A. is one of the largest banks in Brazil and part of Banco Santander, the 3rd largest bank by profits worldwide from 2007-2010. Santander has a large international presence with operations across Europe and the Americas. In Brazil, Santander has a 10% market share, operates 3,696 branches, and serves over 24 million customers, making it the 3rd largest private bank. Brazil has strong macroeconomic fundamentals including large foreign reserves, declining external debt, high interest rates above inflation. Santander Brazil aims to build on these strengths and further expand its business across the country.
Banco Santander (Brasil) S.A. is one of the largest banks in Brazil and part of Banco Santander, the 3rd largest bank by profits worldwide from 2007-2010. Santander has a large international presence with operations across Europe, the Americas, and Asia. In Brazil, Santander has nearly 4,000 branches and over 24 million customers, making it the 3rd largest private bank. The Brazilian economy has experienced solid macroeconomic growth in recent years with low inflation, high international reserves, and declining external debt levels creating a stable environment for Santander to continue expanding its operations.
Banco Santander (Brasil) S.A. is one of the largest banks in Brazil with a strong franchise as the 3rd largest private bank. It has over 3,600 branches nationwide and more than 24 million customers. Santander Brasil has a successful integration process following its acquisitions of two large Brazilian banks in 2001 and 2007. It focuses on commercial banking and has increasing results across its business segments through a defined segmentation strategy for each type of customer.
Banco Santander (Brasil) S.A. is one of the largest banks in Brazil and part of Banco Santander, one of the largest banks worldwide. Santander has a strong presence globally and in key markets like Brazil, Spain, the UK, and the US. In Brazil specifically, Santander ranks third in market share and has over 3,600 branches serving more than 24 million customers. Brazil provides Santander with a strong growth market due to its large population and solid macroeconomic fundamentals including high international reserves and controlled external debt levels compared to interest rates and inflation.
Citigroup reported its financial results for the first quarter of 2001. Net income decreased 8% compared to the first quarter of 2000. Core income, which excludes restructuring and accounting items, decreased 7%. Within its Global Consumer segment, Banking/Lending revenues increased 14% driven by growth in North America Cards, CitiFinancial, and Mortgage Banking. Core income for Banking/Lending increased 21% led by gains in North America Cards, CitiFinancial, and Citibanking North America. Overall, Citigroup's Global Consumer business saw revenues increase 10% and core income rise 18% compared to the first quarter of the prior year.
Citigroup reported its financial results for the first quarter of 2001. Net income decreased 8% compared to the first quarter of 2000. Core income, which excludes restructuring and accounting items, decreased 7%. Within Global Consumer, Banking/Lending revenues increased 14% driven by growth in North America Cards, CitiFinancial, and Mortgage Banking. Core income for Banking/Lending increased 21% led by gains in North America Cards, CitiFinancial, and Citibanking North America.
Citigroup reported its quarterly financial results. Core income decreased 7% from the prior year quarter to $3.66 billion. Total revenues declined across most business segments, with the exception of the Global Consumer segment which increased revenues slightly. Overall, Citigroup saw lower earnings due to weaker market conditions impacting its trading and investment banking businesses. Capital ratios and credit quality metrics remained strong however, positioning Citigroup well despite the challenging environment.
Citigroup, the largest global financial services company, reported quarterly financial results. Core income decreased 7% year-over-year to $3.66 billion, while net income decreased 8% to $3.54 billion. Revenues increased 6% to $21.05 billion driven by strong growth in North America Cards, Corporate Finance, and emerging markets. Citibanking North America revenues increased 6% to $613 million with core income before taxes up 24% to $271 million.
This document summarizes Santander Bank's operations in Brazil. Santander is the 3rd largest private bank in Brazil with over 3,600 branches nationwide and more than 24 million customers. The bank has focused on commercial banking and achieved strong growth and results across all customer segments in recent years. Asset quality remains sound with non-performing loans at low levels. Overall, Santander has established a leading franchise in Brazil through successful acquisitions and integration processes.
Similar to Apresentação do evento deutsche bank global emerging markets 15 a 17.09.10 (20)
O Banco Santander (Brasil) apresentou resultados positivos no primeiro trimestre de 2011, com expansão comercial, integração concluída e crescimento de dois dígitos no volume de negócios. O lucro líquido foi de R$2,1 bilhões, 17,5% maior que no primeiro trimestre de 2010. A carteira de crédito ampliada cresceu 21,9% em 12 meses, puxada por consignado, imobiliário e cartões.
1. O Banco Santander apresentou resultados positivos no primeiro trimestre de 2011, com crescimento de 17,5% no lucro líquido em relação ao mesmo período do ano anterior.
2. A estratégia do banco tem sido expandir sua presença física e digital, concluindo a integração após a aquisição do Banco Real, e formando parcerias para ampliar sua oferta de produtos e serviços.
3. Apesar do cenário macroeconômico desafiador, com medidas para controlar a inflação, o banco
The document provides the 1Q11 results for Banco Santander (Brasil) S.A. Some key points:
- Net profit before tax increased 25.4% year-over-year to R$2,724 million in 1Q11. Net profit rose 17.5% year-over-year to R$2,071 million.
- Total revenues grew 6.6% year-over-year to R$8,690 million in 1Q11, with net interest income increasing 3.9% quarter-over-quarter.
- The bank saw double-digit growth in its loan portfolio and funding from clients, with the expanded credit portfolio rising 21.9% year-
The document provides the 1Q11 results for Banco Santander (Brasil) S.A. Some key points:
- Net profit before tax increased 25.4% year-over-year to R$2,724 million in 1Q11. Net profit rose 17.5% year-over-year to R$2,071 million.
- Total revenues grew 6.6% year-over-year to R$8,690 million in 1Q11, with net interest income increasing 3.9% quarter-over-quarter.
- The bank saw double-digit growth in its loan portfolio and funding from clients, with the expanded credit portfolio rising 21.9% year-
The document provides an overview of Banco Santander's 2009 results. Key points include:
- Net profit grew 41% year-over-year to R$5.5 billion in 2009, driven by revenue growth and cost control.
- Performance ratios improved in 2009, with the efficiency ratio dropping to 35.0% and ROE increasing to 19.3%.
- The loan portfolio grew 1.7% to R$138.4 billion in 2009, with growth in individual loans and declines in SME and corporate loans.
- Deposits and assets under management grew 5.3% to R$242.1 billion in 2009, with increases in savings deposits and funds offsetting
The document provides an overview of Banco Santander's 2009 IFRS results on a pro forma basis. It discusses the macroeconomic environment in Brazil and the country's financial system. It then summarizes Santander's strategy, business performance, and financial results in 2009. Key highlights include net profit growth of 41% year-over-year to R$5.5 billion driven by revenue growth and cost control. Performance ratios like efficiency and ROE improved significantly. The balance sheet also strengthened with higher capital ratios.
Este documento apresenta os resultados financeiros do Banco Santander (Brasil) S.A. para o ano de 2010. O banco teve um crescimento de 34% no lucro líquido em relação a 2009, atingindo R$7,4 bilhões em 2010. As receitas totais cresceram 7,1% no período, impulsionadas principalmente pelo crescimento da carteira de crédito.
A apresentação resume os resultados financeiros de 2010 do Banco Santander (Brasil) S.A., destacando o cenário econômico favorável no Brasil com crescimento das commodities e da demanda interna. No entanto, a política fiscal e a inflação representam desafios. O Santander atua em diversos segmentos no Brasil com mais de 50 mil funcionários e é o maior conglomerado financeiro internacional no país.
The document is a presentation by Banco Santander (Brasil) S.A. for fixed income investors in February 2011. It discusses Brazil's solid macroeconomic fundamentals including large foreign reserves, declining debt levels, and stable interest and inflation rates. It also notes Brazil's favorable social dynamics including a demographic bonus from a growing workforce and increasing social mobility. The presentation aims to provide investors an overview of the Brazilian economy, Santander Group, and Santander Brasil.
Santander is entering into a bancassurance agreement with Zurich Financial Services to integrate Santander's insurance businesses in Latin America into a newly created holding company, with Zurich acquiring a 51% stake. The agreement includes a 25-year exclusive distribution deal across key Latin American markets for Zurich. The transaction values Santander's insurance businesses at $4.1 billion, with Zurich paying $1.67 billion upfront for its 51% stake and additional earn-out payments totaling $420 million over time. The deal will allow Santander to leverage Zurich's insurance expertise while benefiting from its distribution network, with the goal of accelerating growth in Latin America's underpenetrated insurance markets.
Santander Bank is inviting shareholders, investors, and analysts to their first public meeting (APIMEC) in Rio de Janeiro on March 8th, 2010. The meeting will be held at the Hotel Sofitel from 9:00AM to 10:30AM, where the board of directors will present the bank's results for the 4th quarter of 2009 and the full year 2009, followed by a question and answer session. RSVPs can be made by phone or email.
O Santander convida acionistas, investidores e analistas para sua primeira Reunião Pública em São Paulo no dia 5 de março de 2010 no Hotel Renaissance para apresentar os resultados do 4T09 e de 2009, com sessão de perguntas e respostas após a apresentação.
Santander has invited shareholders, investors, and analysts to participate in its first public meeting (APIMEC) on March 5, 2010 at the Hotel Renaissance in São Paulo, Brazil. The board of directors will present results for the fourth quarter of 2009 and the full year 2009, followed by a question and answer session. Participants can RSVP by phone or email and the meeting will also be streamed online in English and Portuguese on Santander's website.
O documento apresenta informações sobre o Grupo Santander: (1) é o primeiro grupo financeiro na Espanha e América Latina e está presente em mais de 40 países; (2) no Brasil representa 20% dos negócios do Grupo e tem confiança no potencial de crescimento do país; (3) realizou a maior oferta pública de ações do mundo em 2009.
The document summarizes the results of a public meeting for Santander. It discusses Santander's operations globally as the largest bank in Spain and Latin America, with a presence in over 40 countries and 169,000 employees worldwide. In Brazil specifically, Santander has seen significant growth and results, benefiting from Brazil's economic prowess and social developments like a growing middle class. Santander's Brazilian operations play an important role in the overall group.
Este documento apresenta os resultados do 1o semestre de 2010 do Banco Santander. Contém informações sobre a presença global do Santander, seus resultados, iniciativas de aquisição, reconhecimento no mercado e confiança no mercado brasileiro.
Banco Santander (Brasil) S.A. announces its Public Meeting with Shareholders and Analysts in São Paulo on October 7th, 2010 from 9:00 a.m. to 12:00 p.m. and in Rio de Janeiro on October 8th, 2010 from 8:30 a.m. to 10:30 a.m. Both meetings will be conducted in Portuguese at the specified locations and times.
Este documento apresenta os resultados do 1S10 do Banco Santander no Brasil. Em 3 frases:
1) O Santander busca ser o maior banco privado do Brasil, expandindo suas operações de crédito, estrutura física e melhorando sua estrutura de capital.
2) Os resultados do 1S10 mostraram crescimento nos ativos, créditos e lucros do Santander no Brasil, que busca ser reconhecido como o melhor banco do país.
3) O Santander integrou com sucesso as redes do Banco Real e Santander
3. 3
Table of Contents
Santander – Worldwide
Santander – Latin America
Santander – Brasil
Annexes
4. 4
Grupo Santander is one of the largest financial groups in the world
Significant presence in Europe
One of the largest banks in the world
and America
1H10 (US$ million) Market Capitalization (US$ billion)¹
Assets 1,497,092 ICBC (China) 212,3
China Construction Bank 196,8
Loans 893,184
HSBC 179,9
Shareholder’s equity1 89,620 JPMorgan Chase 157,8
Total managed funds2 1,676,088 Bank of America 136,2
Wells Fargo 134,1
Attributable profit 5,879
Bank of China 127,1
Citigroup 113,2
Santander 103,7
1) Source: Bloomberg - Ranking of 09.08.2010
1. Does not include minority interests.
2. Includes Total Assets, Mutual and Pension Funds and Managed Portfolios.
5. 5
Profits by business areas and segments
Profit by Business Areas Profit by Business Segments
Wholesale
Sovereign Asset Mngt.
and Insurance
Others Continental 24%
Latin 3% Europe 4%
America 15%
43%
22%
Brazil
17% 72%
United Kingdom Commercial
Banking
6. 6
Table of Contents
Santander – Worldwide
Santander – Latin America
Santander – Brazil
Annexes
7. 7
Santander is present in the main Latin America countries and is
the leader financing franchise operating in the region…
Latin America represents 37%
of Santander’s world results US$ million 1H10
Loans 143,086
Puerto Rico
Deposits 156,928
Mutual and Pension Funds¹ 91,752
Mexico
Brazil Net Attributable Income 2,856
Colombia
Jun/10
Peru
Branches 5,757
Employees 86,734
Chile
Uruguay
Customers (million) 38.8
Argentina
1. Includes Managed Portfolios
8. 8
... and counts on a significant market share in the countries in which
it operates
Share Share
Clients (MM) Branches¹
Jun-10 Loans Savings²
Brazil 23.5 3,588 11.0% 7.9%
Mexico 8.8 1,092 13.2% 15.5%
Chile 3.2 499 20.3% 18.4%
Argentina 2.2 316 10.1% 9.6%
Puerto Rico 0.4 130 8.3% 13.5%
Colombia 0.4 76 3.0% 2.9%
Uruguay 0.3 42 16.6% 17.0%
Latin America 38.8 5,757 11.4% 9.1%
1. Includes branches and mini branches.
2. Deposits + Mutual Funds
(*) Share of loans and savings of Brazil, Mexico, Chile and Uruguay: data Jun/10. Colombia: data May/10. Argentina: data Apr/10.
Puerto Rico: data Mar/10. Peru: information not available.
9. 9
Table of Contents
Santander – Worldwide
Santander – Latin America
Santander – Brazil
- Governance/Strategy
- Business
- Results in IFRS
Annexes
10. 10
Corporate Governance
The Bank is managed by the Board of Directors and the
Executive Board, supported by specialized committees
Banco Santander believes that a good corporate governance is a competitive advantage and
strategic element supported by two pillars: shareholder rights and transparency
In line with the corporate governance best practices, Banco
Santander’s units are listed in BM&FBOVESPA and in the NYSE
Level 2 of BM&FBOVESPA with 100% of Tag Along
Board of
Directors
3 Executive Board 3 Board Members of 3 Independent Board
Members Grupo Santander Spain Members
11. 11
Franchise
Santander is the 3rd largest Brazilian private bank in total assets, with
a market share¹ in loans of 11% in the Brazilian banking system
Market share
1H10 R$ million Number of branches
Jun/2010
Total Country
Loans 146,529 Market Share: 12%
North: 5% of GDP
Funding from Clients² 135,744 Market Share: 5%
Total Funding + AUM 245,237
Northeast: 13% of GDP
Net Profit 3,529 Market Share: 7%
Middle-west: 9% of GDP
Strong distribution platform…
Market Share: 5%
Bank with one of the highest numbers of point of
sales in South/Southeast (73% of GDP) Southeast: 57% of GDP
Market Share: 15%
2,097 1,491 18,117
Branches Mini
ATM’s South: 16% of GDP
branches
Market Share: 9%
+10.5 million account holders³, an increment
of 263 thousand account holders in 1H10
Source: The Brazilian Central Bank and IBGE. GDP date: 2007
1. Santander’s market share in total loans of private sector: 16.5% (jun/10)
2. Demand Deposits + Time Deposits + Savings + Debentures + Real Estate Credit Notes (LCI) and Agribusiness Credit Notes (LCA)
3. Current account holders within 30 days, according to Central Bank as of Jun/2010
12. 12
Integration Process - Status
1st and 2nd Stages concluded 3rd Stage
Aug/08 Jun/10 Dec/10 1H11
I Senior Management Integrated
II Centralized areas integrated
Risk Management, Human Resources,
Marketing Auditing financial
Control, Compliance, etc. Re-branding
III Wholesale, Private & Asset integrated
III
VI
VIII Re-branding
GB&M, Corporate and Middle
IV Credit card system
V ATMs integrated IX Unified Customer Services
ATMs platform
95% of volume
Upgrade on branches infrastructure
VI Insurance System
X Tests and Simulations Technology migration
VII New commercial model
13. 13
Integration Process - Synergies
Synergies
R$ million
+246
1,446 We obtained cost
1,200 synergies of
1,000
800 R$ 1,446 million
R$ 246 million above
expectations
2009 1Q10 2Q10 2Q10
Estimates Actual
14. 14
Santander Acquiring / “Conta Integrada”
Better than expected results in the first months of operation
FINANCIAL ACQUIRING
SERVICES SERVICES Results 2012
(%)
until 21/jul Goals
Affiliated Merchants
51 300 17.0%
(thousand)
New Accounts
Santander Acquiring (thousand)
8 150 5.3%
3 months of Santander
Mastercard
Conta Integrada operation
Operations started in
VISA
July 2010
15. 15
Table of Contents
Santander – Worldwide
Santander – Latin America
Santander – Brazil
- Governance/Strategy
- Business
- Results in IFRS
Annexes
16. 16
Managerial Loan Portfolio¹ - IFRS
R$ billion
9.2%
4.7%
Y-o-Y Q-o-Q
R$ million Jun.10 Jun.09 Variation Variation
139.9 146.5
134.2 132.9 138.4
Individuals 45,910 41,217 11.4% 4.4%
Consumer
26,119 24,593 6.2% 2.4%
Finance
SMEs 32,260 31,845 1.3% 4.7%
Corporate 42,240 36,519 15.7% 6.7%
Jun.09 Sep.09 Dec.09 Mar.10 Jun.10
Total IFRS 146,529 134,173 9.2% 4.7%
Corporate Individuals
29% 31% Total IFRS including
149,974 135,986 10.3% 5.3%
acquired portfolio²
SMEs Consumer
22% Finance
18%
1. Loans for the year 2009 have been reclassified for comparison purposes with the current period, due to re-segmentation of clients occurred in 2010
2. Portfolio acquired from other banks
17. 17
Managerial Loan Portfolio - BR GAAP¹
R$ billion
9.9%
4.7%
Y-o-Y Q-o-Q
R$ million Jun.10 Jun.09 Variation Variation
144.1 150.8
137.3 136.2 142.0
Individuals 49,268 42,937 14.7% 6.1%
Consumer
28,554 26,507 7.7% 2.6%
Finance
SMEs 32,260 31,845 1.3% 4.7%
Corporate 40,756 35,980 13.3% 4.4%
Jun.09 Sep.09 Dec.09 Mar.10 Jun.10
Total BR GAAP 150,837 137,268 9.9% 4.7%
Corporate Individuals
27% 33%
Quarterly Loan Growth 1Q10 2Q10
Santander 1.5% 4.7%
SMEs Consumer Private Sector banks (*) 3.6% 4.5%
21% Finance
19%
1. The credit portfolio in BR GAAP is higher than in IFRS because it includes loan portfolio acquired from other banks and consolidates the credit
portfolio of our consumer finance joint ventures. (*) Brazilian Central Bank Data.
19. 19
Quality of Loan Portfolio - IFRS
Delinquency ratio¹ (%) Coverage ratio² (%)
9.7
9.3
8.8 8.8
8.2
7.7
7.0 7.2 7.0 101% 102% 103% 102%
6.6 97%
6.1
5.7
5.3 5.3 5.1
2Q09 3Q09 4Q09 1Q10 2Q10
2Q09 3Q09 4Q09 1Q10 2Q10
Individuals Corporate Total
1. (Nonperforming loans over 90 days + performing loans with high delinquency risk) / managerial loan portfolio
2. Allowance for Loan Losses / nonperforming loans over 90 days + performing loans with high delinquency risk
20. 20
Quality of Loan Portfolio - BR GAAP
Delinquency Over 90¹ (%) NPL Over 60² (%) Coverage Ratio Over 90³
9.2 9.4 9.2
7.9 7.8 8.7
7.4 7.2 8.0
6.7 7.6 7.7
6.5 120% 128%
6.2 6.8
5.9 6.4 108% 113%
5.4 97%
4.7 5.6
5.3 6.2 6.1
5.1
4.2 4.7
3.7 4.4
3.0 3.6
2Q09 3Q09 4Q09 1Q10 2Q10 2Q09 3Q09 4Q09 1Q10 2Q10
2Q09 3Q09 4Q09 1Q10 2Q10
Individuals Corporate Total Individuals Corporate Total
1. Nonperforming loans over 90 days / total loans BR GAAP
2. Nonperforming loans over 60 days / total loans BR GAAP
3. Allowance for Loan Losses / (nonperforming loans for over 90 days + performing loans with high delinquency risk)
21. 21
Table of Contents
Santander – Worldwide
Santander – Latin America
Santander – Brazil
- Governance/Strategy
- Business
- Results in IFRS
Annexes
22. 22
Results IFRS: Net profit evolution
R$ million
2010 First half net profit rose 44% in 12 months
44.3%
9.5%
3,529
2.3%
2,445
1,763
1,763
1,766
1,613 37
1,726
1H09 1H10 2Q09 1Q10 2Q10
Extraordinary items
23. 23
Managerial¹ Results IFRS: Net Profit increased 44% in twelve months
R$ million Y-o-Y Q-o-Q
1H10 1H09 Var. 2Q10 1Q10 Var.
Interest Income 11,698 10,661 9.7% 5,865 5,833 0.5%
Net Fees 3,332 3,016 10.5% 1,710 1,622 5.4%
Other Income 2 834 1,082 -22.9% 257 577 -55.5%
Total Income 15,864 14,759 7.5% 7,832 8,032 -2.5%
General Expenses +
(6,008) (6,025) -0.3% (3,067) (2,941) 4.3%
Depreciation and Amortization
Allowance for Loan Losses 3 (4,654) (4,827) -3.6% (2,251) (2,403) -6.3%
Provisions (net) / Others (721) (792) -9.0% (205) (516) -60.3%
Net Profit before taxes 4,481 3,115 43.9% 2,309 2,172 6.3%
Income taxes (952) (670) 42.1% (543) (409) 32.7%
Net Profit 3,529 2,445 44.3% 1,766 1,763 0.2%
1. Does not consider the fiscal effect of Cayman hedge
2. Includes Gains/Losses on Financial Assets and Liabilities and Exchange Rate Differences and other operational income (expenses)
3. Includes recovery of credits written off as losses
24. 24
Performance Ratios -IFRS
Efficiency Ratio¹ (%) Recurrence² (%) ROAE (adjusted)³ (%)
5.3 p.p.
-2.2 p.p. -4.6 p.p.
61.4
56.1
36.5 21.9
34.2 17.4
1H09 1H10 1H09 1H10 1H09 1H10
1. General Expenses excluding amortization / Total Revenue excluding Cayman hedge
2. Net Fee/General Expenses excluding amortization
3. Excludes goodwill on acquired companies (Banco Real and Real Seguros Vida e Previdência)
25. 25
Conclusion
Commercial activity accelerates
• Loan portfolio expansion in 2Q10, diversified across all segments, with highlight in SMEs
• Fees increment concentrated in transactional products: insurance, cards and asset
management
Increase of 1H10 Net Profit driven by better quality
• Double-digit increase in net interest income and net fees
• Flat expenses due to cost control and capture of synergies
Asset Quality
• Improvement of delinquency ratio with comfortable coverage ratio
• Lower credit cost
1H10 Net Profit of R$ 3.5 billion, up 44.3% in 12 months
• Net profit before taxes grew 6.3% QoQ
• Recurring Net Profit increased 2.3% QoQ
26. 26
Table of Contents
Santander – Worldwide
Santander – Latin America
Santander – Brazil
Annexes
27. 27
Ratings – Santander Brasil
Long Term Short Term
Local Currency BBB+ F2
Fitch Ratings Foreign Currency BBB F2
National Scale AAA (bra) F1+ (bra)
Local Currency BBB- A-3
Standard & Poor’s Foreign Currency BBB- A-3
National Scale brAAA brA-1
Local Currency A2 P-1
Moody’s Foreign Currency Baa3 P-3
National Scale Aaabr BR-1
28. 28
Quarterly Managerial¹ Income Statement
R$ million
Income Statements 2Q09 3Q09 4Q09 1Q10 2Q10
- Interest and Similar Income 9,775 9,731 9,841 9,278 9,839
- Interest Expense and Similar (4,286) (4,075) (3,991) (3,445) (3,974)
Interest Income 5,489 5,656 5,850 5,833 5,865
Income from Equity Instruments 8 7 8 4 14
Income from Companies Accounted for by the Equity Method 52 33 5 10 13
Net Fee 1,573 1,556 1,666 1,622 1,710
- Fee and Commission Income 1,799 1,797 1,888 1,841 1,929
- Fee and Commission Expense (226) (241) (222) (219) (219)
Gains/Losses on Financial Assets and Liabilities and Exchange Rate Diferences 459 240 306 608 290
Other Operating Income (Expenses) (110) 106 (59) (45) (60)
Total Income 7,471 7,598 7,776 8,032 7,832
General Expenses (2,649) (2,674) (2,893) (2,655) (2,774)
- Administrative Expenses (1,297) (1,345) (1,423) (1,300) (1,357)
- Personnel espenses (1,352) (1,329) (1,470) (1,355) (1,417)
Depreciation and Amortization (328) (339) (265) (286) (293)
Provisions (net)² (1,250) (1,190) (482) (629) (290)
Impairment Losses on Financial Assets (net) (2,518) (3,844) (2,125) (2,407) (2,214)
- Allowance for Loan Losses³ (2,467) (3,008) (2,148) (2,403) (2,251)
- Impairment Losses on Other Assets (net) (51) (836) 23 (4) 37
Net Gains on Disposal of Assets 1,040 2,280 34 117 48
Net Profit before taxes 1,766 1,831 2,045 2,172 2,309
Income Taxes (153) (359) (454) (409) (543)
Net Profit 1,613 1,472 1,591 1,763 1,766
1. Does not consider the fiscal effect of Cayman hedge
2. Includes provision for tax contingencies and legal obligations
3. Includes recovery of credits written off as losses
29. 29
Half-year Managerial¹ Income Statement
R$ million
Var Y-o-Y
Income Statements 1H10 1H09
ABS %
- Interest and Similar Income 19,117 19,771 (654) -3.3%
- Interest Expense and Similar (7,419) (9,110) 1,691 -18.6%
Interest Income 11,698 10,661 1,037 9.7%
Income from Equity Instruments 18 15 3 20.0%
Income from Companies Accounted for by the Equity Method 23 257 (234) -91.1%
Net Fee 3,332 3,016 316 10.5%
- Fee and Commission Income 3,770 3,463 307 8.9%
- Fee and Commission Expense (438) (447) 9 -2.0%
Gains/Losses on Financial Assets and Liabilities and Exchange Rate Diferences 898 973 (75) -7.7%
Other Operating Income (Expenses) (105) (163) 58 -35.6%
Total Income 15,864 14,759 1,105 7.5%
General Expenses (5,429) (5,380) (49) 0.9%
- Administrative Expenses (2,657) (2,668) 11 -0.4%
- Personnel espenses (2,772) (2,712) (60) 2.2%
Depreciation and Amortization (579) (645) 66 -10.2%
Provisions (net)² (919) (1,809) 890 -49.2%
Impairment Losses on Financial Assets (net) (4,621) (4,899) 278 -5.7%
- Allowance for Loan Losses³ (4,654) (4,827) 173 -3.6%
- Impairment Losses on Other Assets (net) 33 (72) 105 n.a
Net Gains on Disposal of Assets 165 1,089 (924) n.a
Net Profit before taxes 4,481 3,115 1,366 43.9%
Income Taxes (952) (670) (282) 42.1%
Net Profit 3,529 2,445 1,084 44.3%
1. Does not consider the fiscal effect of Cayman hedge
2. Includes provision for tax contingencies and legal obligations
3. Includes recovery of credits written off as losses
30. 30
Balance Sheet - Total Assets
R$ million
Assets Jun-09 Sep-09 Dec-09 Mar-10 Jun-10
Cash and Balances with the Brazilian Central Bank 24,813 21,261 27,269 36,835 42,344
Financial Assets Held for Trading 15,809 19,261 20,116 23,133 35,902
Other Financial Assets at Fair Value Through Profit or Loss 6,068 16,986 16,294 15,873 16,213
Available - for- Sale Financial Assets 30,593 44,763 46,406 37,183 42,579
Loans and Receivables 161,645 149,973 152,163 150,003 156,804
- Loans and advances to credit institutions 31,993 27,932 24,228 20,330 20,282
- Loans and advances to customers 138,811 132,343 138,005 139,678 146,308
- Impairment losses (9,159) (10,302) (10,070) (10,005) (9,786)
Hedging derivatives 178 157 163 133 107
Non-current assets held for sale 58 53 171 41 93
Investments in associates 502 417 419 423 429
Tangible Assets 3,600 3,682 3,702 3,835 3,977
Intangible Assets: 30,589 30,982 31,618 31,587 31,630
- Goodwill 27,263 28,312 28,312 28,312 28,312
- Others 3,326 2,670 3,306 3,275 3,318
Tax Assets 13,386 15,058 15,779 14,834 15,250
Other Assets 1,637 3,642 1,872 2,169 1,918
Total Assets 288,878 306,235 315,972 316,049 347,246
31. 31
Balance Sheet – Total Liabilities and Equity
R$ million
Liabilities jun/09 Sep-09 Dec-09 mar/10 jun/10
Financial Liabilities Held for Trading 4,887 5,316 4,435 4,505 4,668
Other Financial Liabilities at Fair Value Through Profit or Loss 363 2 2 2 2
Financial liabilities at amortized cost 207,644 205,801 203,567 203,499 232,373
- Deposits from the Brazilian Central Bank 870 562 240 117 -
- Deposits from credit institutions 21,793 18,754 20,956 24,092 47,784
- Customer deposits 154,922 154,548 149,440 147,287 150,378
- Marketable debt securities 11,299 10,945 11,439 11,271 12,168
- Subordinated liabilities 10,996 11,149 11,304 9,855 10,082
- Other financial liabilities 7,764 9,843 10,188 10,877 11,961
Liabilities for Insurance Contracts - 13,812 15,527 16,102 16,693
Provisions 1 10,203 11,555 9,480 9,881 9,662
Tax Liabilities 7,352 9,287 9,457 8,516 9,199
Other Liabilities 6,624 4,796 4,238 2,815 3,030
Total Liabilities 237,073 250,569 246,706 245,320 275,627
Shareholders' Equity 51,135 55,079 68,706 70,069 70,942
Minority Interests 5 5 1 1 3
Valuation Adjustments 665 582 559 659 674
Total Equity 51,805 55,666 69,266 70,729 71,619
Total Liabilities and Equity 288,878 306,235 315,972 316,049 347,246
1. Includes provision for pension and contingencies
32. Investor Relations (Brazil)
2,235 Juscelino Kubitschek Avenue - 10º floor
São Paulo | SP | Brazil | 04543-011
Phone. 55 11 3553-3300
Fax. 55 11 3553-7797
e-mail: ri@santander.com.br