Highlights

 HIGHLIGHTS1H161H17Var. 
 RESULTS (R$ million)    
  Net Interest Income (a) 2,481 2,230 -10.1%  
  Allowance for Loan Losses - ALL (b)

(965)

(753) -21.9%  
  Net Financial Margin (a - b) 1,516 1,477 -2.6%  
  Fee Income/Banking Fee Income 519 616 18.6%  
  Administrative and Personnel Expenses (1,240) (1,152) -7.1%  
  Operating Income (Loss) (432) 561 29.8%  
  Net Income (Loss) 194 273

40.2%

 
 BALANCE SHEET (R$ million)    
  Total Assets 108,028 102,468 -5.1%  
  Loan Portfolio 46,875 46,828 -0.1%  
      Wholesale Segment 13,735 12,697 -7.6%  
      Consumer Finance Segment 33,140 34,131 3.0%  
  Guarantees Provided 7,805 5,081 -34.9%  
  Expanded Credit Portfolio 59,477 57,305 -3.7%  
  Funding Sources 67,520 63,352

-6.2%

 
  Shareholders' Equity

8,282

8,508 2.7%  
 MANAGEMENT INDICATORS (%)    
  Return on Average Equity1 (ROAE) 5.4 7.1 1.6 p.p.  
  Return on Average Assets2 (ROAA) 0.4 0.6 0.2 p.p.  
  Net Interest Margin3 (NIM) 5.1 4.8 -0.3 p.p.  
  Efficiency Ratio (ER) - Accumulated basis of 12 months4 39.1 38.4 -0.7 p.p.  
  Basel Index 14.9 13.5 -1.4 p.p.  
 OTHER INFORMATION    
  Assets under Management5 (R$ million) 51,169 54,428 6.4%  
 
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 August 09th, 2017