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1Investor RelationsInvestor Relations
Banco do Brasil1Q06 Results
Banco do Brasil1Q06 Results
2Investor Relations
1Q05 4Q05 1Q06 %1Q05 %4Q05Net Interest Income 4,090 4,398 4,406 7.7 0.2Allowance for Loan Losses (1,061) (1,498) (1,345) 26.7 -10.2Fee Income 1,767 2,001 2,103 19.0 5.1Administrative Expenses (3,211) (3,510) (3,237) 0.8 -7.8Net Income 965 737 2,343 142.9 217.9Total Assets 245,685 252,977 264,635 7.7 4.6Loan Portfolio 93,263 101,789 105,527 13.2 3.7Securities Portfolio 74,089 66,470 68,631 -7.4 3.3Deposits 120,096 137,658 139,195 15.9 1.1Assets Under Management 138,197 153,508 169,150 22.4 10.2Shareholders' Equity 14,933 16,850 19,209 28.6 14.0% 1Q05 4Q05 1Q06ROE - Annualized 29.3 18.7 63.0ROA - Annualized 1.6 1.2 3.7Spread - Annualized 8.4 9.2 8.5Efficiency 50.4 50.0 48.1Delinquency ¹ 3.1 4.0 4.3Allowance / Deliquency ¹ 193.1 165.7 170.4BIS Ratio 15.6 17.1 18.3
(1) Past Due Loans + 60 days
R$ million
HighlightsHighlightsHighlightsHighlights
3Investor Relations
Net Interest IncomeNet Interest IncomeNet Interest IncomeNet Interest Income
Net Interest Income - R$ million NIM¹ annualized - %
(1) Net Interest Margin over Earning Assets
4,090 4,146 4,1994,398 4,406
1Q05 2Q05 3Q05 4Q05 1Q06
8.49.0 9.0 9.2
8.5
4Investor Relations
278
35 2
4,406
1Q06 - 2.0631
1Q05 - 2.0456
1Q06 - 213,563
1Q05 - 199,964
Volume - R$ million
Spread - %
Volume¹ and Spread AnalysisVolume¹ and Spread AnalysisVolume¹ and Spread AnalysisVolume¹ and Spread Analysis
Gain due to Volume
Gain due to Spread
Gain due to Volume and Spread
(1) Earnings Assets
5Investor Relations
1Q05 4Q05 1Q06 %1Q05 %4Q05Loan Portfolio 93,263 101,789 105,527 13.2 3.7Domestic 83,805 92,612 96,655 15.3 4.4
Individuals 17,069 18,386 19,779 15.9 7.6Free Funds 14,636 16,761 18,601 27.1 11.0
Payroll Loans 1,770 3,810 4,695 165.3 23.2SMEs 13,885 15,204 15,324 10.4 0.8Businesses 22,077 23,315 24,498 11.0 5.1Agribusiness 30,774 35,708 37,054 20.4 3.8
Abroad 9,457 9,177 8,872 -6.2 -3.3
R$ million
Loan PortfolioLoan PortfolioLoan PortfolioLoan Portfolio
Individuals SMEs Businesses Agribusiness Abroad
18.3
14.9
23.7
33.0
10.118.7
14.5
23.2
35.1
8.418.1
14.9
22.9
35.1
9.0
1Q05 - % 4Q05 - % 1Q06 - %
6Investor Relations
CDC Electrônico¹ CDC Salário² CDC Payroll Loans CDC Total
Consumer Finance (CDC)Consumer Finance (CDC)Consumer Finance (CDC)Consumer Finance (CDC)
741 683 623 639815
671 642546 521
615554
1,082 1,1181,004
1,668
1Q05 2Q05 3Q05 4Q05 1Q06
3,199
3,843
3,419
3,065
4,286R$ million
(1) Loan to individuals with pre-approved credit, through ATM(2) Granted to whom receives his/her wage in BB’s account
7Investor Relations
Delinquency and Provision for Credit RiskDelinquency and Provision for Credit RiskDelinquency and Provision for Credit RiskDelinquency and Provision for Credit Risk
(1) Average Portfolio and Expenses of the last 12 months
Quarterly Provision Expenses - R$ million
Provision Expenses / Loan Portfolio¹ - %
1,061 1,002 966
1,4981,345
1Q05 2Q05 3Q05 4Q05 1Q06
1Q05 2Q05 3Q05 4Q05 1Q06
Allowance for loan losses / Loan Portfolio - %Past Due Loans + 15 days / Loan Portfolio - %Past Due Loans + 60 days / Loan Portfolio - %
6.1 6.1 6.3 6.6
7.3
5.14.6
5.95.6
6.0
3.1 3.1
3.9 4.04.3
4.3 4.2 4.2
4.7 4.9
8Investor Relations
BB
Credit Risk - %Credit Risk - %Credit Risk - %Credit Risk - %
(1) Source: Brazilian Central Bank
AA-C D-HAA-C D-H
4Q05 1Q06
89.5 89.6
10.4
Retail Commercial Agribusiness ForeignTrade
Abroad
88.4
11.6
95.1
4.9
90.7
9.3
97.9
2.1
98.1
1.9
88.8
11.2
95.1
4.9
88.8
11.2 1.9 1.8
90.6
9.4
89.9
10.110.5
BankingIndustry¹
98.1 98.2
9Investor Relations
1Q05 4Q05 1Q06 %1Q05 %4Q05Fee Income 1,767 2,001 2,103 19.0 5.1
Customer Relationship Fees 589 648 679 15.3 4.8Assets Under Management Fees 283 310 356 25.8 14.7Credit Cards 163 199 201 23.4 0.8Collection 168 190 189 12.7 -0.3Credit Operations 149 162 135 -9.8 -17.0Funds Transfers 118 131 218 85.7 66.3Others 297 360 324 9.4 -9.8
R$ million
Account Holders - million Assets Under Management - R$ billion
Fee IncomeFee IncomeFee IncomeFee Income
(1) 12 months average
21.2 21.9 22.3 22.9 23.3
1Q05 2Q05 3Q05 4Q05 1Q06
(Fees + NII) per account holder¹ - R$
138.2144.8
150.4 153.5 169.2
1Q05 2Q05 3Q05 4Q05 1Q06
Market Share - %
282 295 284 290 288 20.120.8 21.3 20.9 20.2
10Investor Relations
1Q05 4Q05 1Q06 %1Q05 %4Q05
Administrative Expenses (2,992) (3,268) (3,156) 5.5 -3.4
Personnel Expenses (1,638) (1,802) (1,781) 8.7 -1.2
Other Administrative Expenses (1,315) (1,428) (1,331) 1.2 -6.8
Telecom. and Data Processing (341) (350) (373) 9.5 6.7
Amortization and Depreciation (174) (169) (170) -2.3 0.4
Security, Guard and Transp. Serv. (187) (197) (185) -0.8 -6.0
Exp. with Premises and Equipment (175) (182) (191) 9.0 5.0
Marketing and Public Relations (84) (132) (71) -14.8 -46.2
Exp. with Outsourced Services (138) (144) (129) -6.4 -10.3
Other Administrative Expenses (217) (253) (211) -2.7 -16.7
Other Tax Expenses (39) (39) (44) 14.3 14.0
Legal Risk (258) (281) (126) -51.0 -55.1
Legal Claims (92) (70) (31) -66.1 -55.7
Labor Claims (166) (211) (95) -42.7 -54.9
Administrative ExpensesAdministrative ExpensesAdministrative ExpensesAdministrative Expenses
R$ million
11Investor Relations
Coverage¹ Ratio - %
(1) Fee Income / Personnel Expenses - YTD(2) Administrative Expenses / Operating Income - YTD
Productivity RatiosProductivity RatiosProductivity RatiosProductivity Ratios
Efficiency² Ratio - %
97.9104.8 103.4 102.3
112.1
1Q05 2Q05 3Q05 4Q05 1Q0650.4 49.0 47.5 48.1 48.1
1Q05 2Q05 3Q05 4Q05 1Q06
12Investor Relations
Income Tax and Social ContributionIncome Tax and Social ContributionIncome Tax and Social ContributionIncome Tax and Social Contribution
Tax Rate - %Pretax Income¹ - R$ million Taxes² - R$ million
1,6011,760
2,533
1,3471,491
559 570
979
447 363
1Q05 2Q05 3Q05 4Q05 1Q06
(1) Recurring Income before Taxes, deducting Profit Sharing(2) Recurring Taxes
34.932.4
38.633.2
24.3
13Investor Relations
Investor Relations DivisionSBS - Quadra 1 - Bloco C - Ed. Sede III - 5° floor
70073-901 - Brasília (DF)Phone: 55 (61) 3310.3980
Fax: 55 (61) 3310.3735
DisclaimerDisclaimer - This presentation contains references and statements, planned synergies, increasing estimates, projections of results and future strategy for Banco do Brasil, it’s Associated and Affiliated Companies and Subsidiaries. Although these references and statements reflect the
management’s belief, it also involves imprecision and high difficult risks to be foreseen, consequently, it may conduct to a different result than the one anticipated here. These expectations are highly depended on market conditions, on the Brazilian economic performance, on the sector and the
international market. Banco do Brasil is not responsible for bringing up to date any estimate in this presentation.
For further information access www.bb.com.br/ri