Key Financial Figures

Key Financial Figures

Ch$ Million Dec-18 Sep-18 Dec-17
% Chg
Balance Sheet       QoQ YoY
Bank - Total Loans 5,346,071 5,182,434 4,834,290 3.16% 10.59%
Bank - Total Deposits 3,620,218 3,451,606 3,601,230 4.89% 0.53%
Factoring - Total Factored Receivables 360,251 315,389 304,393 14.22% 18.35%
Asset Management - Total AUM 4,383,489 4,728,741 4,506,967 -7.30% -2.74%
Life Insurance - Investment Portfolio 2,479,478 2,468,419 2,402,514 0.45% 3.20%
Operations          
Employees (number) 3,939 3,952 3,887 -0.33% 1.34%
Income Statement 4Q18 3Q18 4Q17
% Chg
2018 2017 % Chg
          QoQ   YoY      
Bank - Net Interest Margin 42,486 41,753 40,335 1.8% 5.3% 168,225 154,687 8.8%
Bank - Net Fees 5,316 5,638 17,680 -5.7% -69.9% 46,264 64,835 -28.6%
Bank - Support Expenses (32,372) (33,157) (29,299) -2.4% 10.5% (128,323) (123,591) 3.8%
Bank - Net Provision Expenses (13,981) (8,181) (11,217) 70.9% 24.6% (41,550) (42,026) -1.1%
Life Insurance - Direct Premium 67,828 65,563 107,507 3.5% -36.9% 336,094 446,838 -24.8%
Life Insurance - Claims Paid (11,979) (7,598) (73,357) 57.7% -83.7% (97,007) (181,323) -46.5%
Life Insurance - Pensions Paid (51,495) (58,795) (19,199) -12.4% 168.2% (202,659) (183,666) 10.3%
Life Insurance - Investment Income 23,851 32,069 23,229 -25.6% 2.7% 98,570 126,738 -22.2%
Factoring - Revenue 7,881 7,235 7,212 8.9% 9.3% 29,829 29,095 2.5%
Ratios Dec-18 Sep-18 Dec-17
% Chg
        QoQ YoY
Grupo - Share Price (Ch$) 291 308 280 -5.6% 3.9%
Grupo - Number of Shares 3,695 3,695 3,683 0.0% 0,3%
Grupo - ROE 11.2% 11.1% 11.6% 12 p -34 p
Bank (Consolidated) - ROE 12.8% 14.2% 12.4% -137 p 43 p
Factoring - ROE 21.4% 22.2% 22.3% -80 p -90 p
Life Insurance - ROE 18.5% 7.2% 8.3% 1126 p 1012 p
Travel - ROE 49.9% 33.6% 32.6% 1630 p 1730 p
Grupo - Leverage 34.5% 35.5% 29.3% -103 p 517 p
Bank - Efficiency 47.7% 47.7% 49.7% 2 p -198 p
Factoring - Efficiency 42.3% 42.8% 43.8% -53 p -152 p
Bank - Non-Performing Loans/Total Loans 1.5% 1.4% 1.4% 8 p 12 p
Bank - Risk Index 1.7% 1.6% 1.7% 10 p 2 p
Factoring - Risk Index 2.2% 2.5% 2.5% -36 p -31 p
Bank - Core Capital/ Total Assets 7.8% 7.9% 8.1% -15 p -30 p
Bank - BIS I Tier II Ratio (Regulatory Capital/ RWA) 13.2% 13.5% 14.0% -32 p -80 p
ROE: Profit 12M over average equity              
Accumulated Profit - Related Companies (Ch$ million)1
                 
  4Q18 3Q18 4Q17
% Chg
Dec-18 Dec-17 % Chg
          QoQ   YoY      
Lending Area                
Banco Security (Individual) 13,204 15,700 15,127 -15.9% -12.7% 63,970 53,902 18.7%
Factoring Security 2,136 1,960 1,924 9.0% 11.0% 8,155 7,502 8.7%
Asset Management Area                
Valores Security 250 575 813 -56.6% -69.3% 2,123 2,458 -13.6%
AGF Security 1,961 1,608 2,304 22.0% -14.9% 6,563 6,666 -1.5%
Insurance Area                
Vida Security 18,739 6,589 46 184.4% - 30,159 13,258 127.5%
Servicios Security 188 147 270 27.9% -30.3% 639 586 9.2%
Other Services                
Inmobiliaria Security 2,242 (1,782) 7 -225.8% - (232) 3,305 -
Travel Security 990 1,243 1,084 -20.4% -8.7% 3,752 4,050 -7.4%
Negocios Internationales                
Protecta Security (S./ Thousand) 4,425 -3,512 -10,242 - - 2,810 5,182 -45.8%
Travex Security (S./ Thousand) 822 836 614 -1.6% -34.0% 3,034 2,877 5.4%
Grupo Security Profit 22,725 20,728 21,047 9.63% 7.97% 80,548 74,708 7.82%
1 Subsidiary earnings correspond to 100% of their profits and differ from the results reported in the segment note, which includes consolidation adjustments to incorporate Grupo Security's percent ownership in each of its respective subsidiaries.