Highlights

 HIGHLIGHTS1Q171Q18Var. 
 RESULTS (R$ million)    
  Net Interest Income (a) 1,205 1,347 11.8%  
  Result of loan losses and impairments (b)

(420)

(326) -22.4%  
  Net Financial Margin (a - b) 785 1,021 30.1%  
  Fee Income/Banking Fee Income 290 325 12.1%  
  Administrative and Personnel Expenses (540) (653) 20.9%  
  Operating Income (Loss) 318 561 76.2%  
  Net Income (Loss) 127 255

99.8%

 
 BALANCE SHEET (R$ million)    
  Total Assets 104,166 94,363 -9.4%  
  Loan Portfolio 46,931 48,185 2.7%  
      Wholesale Segment 12,932 11,687 -9.6%  
      Consumer Finance Segment 33,998 36,498 7.4%  
  Guarantees Provided 7,985 5,242 -34.4%  
  Expanded Credit Portfolio 62,101 58,294 -6.1%  
  Funding Sources 64,073 58,444

-8.8%

 
  Shareholders' Equity

8,358

9,074 8.6%  
 MANAGEMENT INDICATORS (%)    
  Return on Average Equity1 (ROAE) 6.2 11.8 5.6 p.p.  
  Return on Average Assets2 (ROAA) 0.5 1.1 0.6 p.p.  
  Net Interest Margin3 (NIM) 5.3 6.6 1.3 p.p.  
  Efficiency Ratio (ER) - Accumulated basis of 12 months4 36.7 33.7 -3.0 p.p.  
  Basel Index 13.2 16.6 3.4 p.p.  
 OTHER INFORMATION    
  Assets under Management5 (R$ million) 55,262 54,086 -2.1%  
 
1. Ratio between net income and average equity of the period. This ratio is annualized;
2. Ratio between net income and average assets of the period. This ratio is annualized;
3. Ratio between the gross income from financial operation and average interest earning assets. This ratio is annualized;
4. ER = Administrative and personnel expenses / (gross financial margin + income from rendered services and banking fees + equity in income of associated companies and subsidiaries + other operating income and expenses)
5. Includes onshore funds (ANBIMA criteria) and private clients' resources.

Updated on May 10th, 2018