Highlights

 HIGHLIGHTS4Q161Q17Var. 
 RESULTS (R$ million)    
  Net Interest Income (a) 1,114 1,153 3.5%  
  Allowance for Loan Losses - ALL (b)

(623)

(368) -40.9%  
  Net Financial Margin (a - b) 492 785 59.7%  
  Fee Income/Banking Fee Income 321 290 -9.8%  
  Administrative and Personnel Expenses (674) (501) -25.6%  
  Operating Income (Loss) (84) 318 -  
  Net Income (Loss) 119 127

6.8%

 
 BALANCE SHEET (R$ million)    
  Total Assets 102,998 104,166 1.1%  
  Loan Portfolio 47,620 46,931 -1.4%  
      Wholesale Segment 14,161 12,932 -8.7%  
      Consumer Finance Segment 33,459 33,998 1.6%  
  Guarantees Provided 7,824 7,985 2.1%  
  Expanded Credit Portfolio 60,880 59,980 -1.5%  
  Funding Sources 67,343 64,073

-4.9%

 
  Shareholders' Equity

8,426

8,358 -0.8%  
 MANAGEMENT INDICATORS (%)    
  Return on Average Equity1 (ROAE) 5.8 6.2 0.4 p.p.  
  Return on Average Assets2 (ROAA) 0.5 0.5 0.0 p.p.  
  Net Interest Margin3 (NIM) 4.9 5.1 0.2 p.p.  
  Efficiency Ratio (ER) - Accumulated basis of 12 months4 37.6 38.1 0.5 p.p.  
  Basel Index 15.1 13.2 -1.9 p.p.  
 OTHER INFORMATION    
  Assets under Management5 (R$ million) 53,753 55,262 2.8%  
 
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 11th, 2017