Highlights

 HIGHLIGHTS20162017Var. 
 RESULTS (R$ million)    
  Net Interest Income (a) 4,985 5,081 1.9%  
  Result of loan losses and impairments (b)

(2,260)

(2,004) -11.3%  
  Net Financial Margin (a - b) 2,725 3,077 12.9%  
  Fee Income/Banking Fee Income 1,123 1,318 17.4%  
  Administrative and Personnel Expenses (2,510) (2,403) -4.2%  
  Operating Income (Loss) 580 1,191 -  
  Net Income (Loss) 426 582

36.7%

 
 BALANCE SHEET (R$ million)    
  Total Assets 102,998 93,519 -9.2%  
  Loan Portfolio 47,620 48,679 2.2%  
      Wholesale Segment 14,161 12,687 -10.4%  
      Consumer Finance Segment 33,459 35,992 7.6%  
  Guarantees Provided 7,824 4,862 -37.9%  
  Expanded Credit Portfolio 60,880 57,033 -6.3%  
  Funding Sources 67,343 61,203

-9.1%

 
  Shareholders' Equity

8,426

8,868 5.2%  
 MANAGEMENT INDICATORS (%)    
  Return on Average Equity1 (ROAE) 5.2 6.8 1.6 p.p.  
  Return on Average Assets2 (ROAA) 0.4 0.6 0.2 p.p.  
  Net Interest Margin3 (NIM) 5.2 5.6 0.4 p.p.  
  Efficiency Ratio (ER) - Accumulated basis of 12 months4 36.4 34.4 -2.0 p.p.  
  Basel Index 11.2 11.4 0.2 p.p.  
 OTHER INFORMATION    
  Assets under Management5 (R$ million) 53,753 55,696 3,6%  
 
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 February 22nd, 2018