Grupo Supervielle(SUPV) - 2021 Q2 - Earnings Call Presentation

Financial Performance - Grupo Supervielle reported a net loss of AR$318 million, with a Return on Average Equity (ROAE) of -28%[6] - Net Financial Income (NFI) increased by 11% QoQ but decreased by 184% YoY[16] - Total assets decreased by 13% QoQ[90] - Attributable Net Income decreased from AR$14166 million in 2Q20 to AR$ -3180 million in 2Q21[104, 174] Asset Quality - The NPL ratio increased to 44% as of June 30, 2021[22] - Coverage ratio was 1639% as of June 30, 2021[28] - Loan Loss Provisions increased from AR$34036 million in 2Q20 to AR$18592 million in 2Q21[25, 174] Deposits and Loans - AR$ Deposits increased by 3% sequentially[12] - Total Loans decreased by 48%[10] - AR$ Loans to AR$ deposits was 52% in 2Q21[13] Strategic Initiatives - The company is accelerating digital and operational transformation with investments of approximately $78 billion in 2021, $72 billion in 2022 and $45 billion in 2023 (in real terms)[49] - IUDÚ is expanding its offerings to build a broad range of digital banking, financial services, insurance & wellness offerings in Argentina[51]