Investor Presentaiton
International Banking: Pacific Alliance¹
FINANCIAL PERFORMANCE AND METRICS ($MM)
GEOGRAPHIC DISTRIBUTION 8,9
Reported
(Constant FX)2,3
Q1/23
Q4/22
Q1/22
Q/Q²
Y/Y²
12%
35%
Colombia
Mexico
Revenue ($MM)
$1,889
$1,813
$1,788
4%
6%
Expenses ($MM)
$873
$862
$823
1%
6%
PTPP4 ($MM)
$1,016
$951
$965
7%
5%
Net Income 5 ($MM)
$523
$558
$496
(6%)
5%
Net Interest Margin³
3.81%
3.85%
3.94%
(4 bps)
(13 bps)
Chile
Return on Equity³
14.9%
15.1%
14.6%
(20 bps)
30 bps
0%
Productivity Ratio6
46.2%
47.9%
46.5%
(170 bps)
(30 bps)
Colombia
Risk Adjusted Margin
2.84%
2.97%
3.24%
(13 bps)
(40 bps)
Effective Tax Rate
19.6%
11.3%
23.5%
830 bps
(390 bps)
31%/
REVENUE
$1.9Bn
NET INCOME3,5
$523MM
23%
Peru
42%
Mexico
RETURN ON EQUITY (%)
34%
18.9%
11.3%
11.3%
5.3%
23.8%
22.0%
18.3%
14.4%
13.8%
11.1%
Chile
9%
Colombia
24%
Peru
-35%
Mexico
1 Figures excluding wealth management
2021
3.3%
2022
Mexico ― Peru
Chile
-0.1%
Q1/23
Colombia
39%
Chile
AVERAGE
EARNING ASSETS
$153Bn
18%
2 Current and prior period dollars, Y/Y and Q/Q growth rates (%) are on a constant dollar basis, while metrics and change in bps are on a reported basis
3 Refer to non-GAAP measures on page 4 of the Management's Discussion & Analysis in the Bank's First Quarter 2023 Report to Shareholders, available on http://www.sedar.com
4 Pre-Tax, Pre-Provision Profit defined as revenues less expenses. See non-GAAP reconciliations beginning on slide 41
5 Attributable to equity holders of the Bank
6 Refer to page 50 of the Management's Discussion & Analysis in the Bank's First Quarter 2023 Report to Shareholders, available on http://www.sedar.com, for an explanation of the composition of the
measure. Such explanation is incorporated by reference hereto
7 Risk-Adjusted Margin calculated as (Net Interest Income less Provision for Credit Losses) / Average Core Earning Assets. See non-GAAP reconciliations beginning on slide 41
8 For the 3 months ended January 31, 2023
9
O May not add due to rounding
Peru
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