Highlights

 HIGHLIGHTS9M159M16Var. 
 RESULTS (R$ million)    
  Net Interest Income (a) 3,604 3,569 -1.0%  
  Allowance for Loan Losses - ALL (b)

(1,941)

(1,456) -25.0%  
  Net Financial Margin (a - b) 1,663 2,112 27.0%  
  Fee Income/Banking Fee Income 698 801 15.3%  
  Administrative and Personnel Expenses (1,724) (1,704) -1.2%  
  Operating Income (Loss) (70) 532 -  
  Net Income (Loss) 405 306

-24.3%

 
 BALANCE SHEET (R$ million)    
  Total Assets 110,313 103,804 5.9%  
  Loan Portfolio 51,114 47,019 -8.0%  
      Wholesale Segment 16,959 13,789 -18.7%  
      Consumer Finance Segment 34,155 33,229 -2.7%  
  Guarantees Provided 9,561 7,809 -18.3%  
  Expanded Credit Portfolio 66,174 60,010 -9.3%  
  Funding Sources 74,203 65,704

-11.5%

 
  Shareholders' Equity

7,778

8,416 8.2%  
 MANAGEMENT INDICATORS (%)    
  Return on Average Equity1 (ROAE) 7.1 5.1 -2.0 p.p.  
  Return on Average Assets2 (ROAA) 0.5 0.4 -0.1 p.p.  
  Net Interest Margin3 (NIM) 5.1 5.0 -0.1 p.p.  
  Efficiency Ratio (ER) - Accumulated basis of 12 months4 39.4 38.7 -0.7 p.p.  
  Basel Index 14.4 15.8 1.4 p.p.  
 OTHER INFORMATION    
  Assets under Management5 (R$ million) 46,577 53,129 14.1%  
 
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 November 10th, 2016