Highlights

 HIGHLIGHTS20152016Var. 
 RESULTS (R$ million)    
  Net Interest Income (a) 4,702 4,641 -1.3%  
  Allowance for Loan Losses - ALL (b)

(2,394)

(2,079) -13.1%  
  Net Financial Margin (a - b) 2,308 2,562 11.0%  
  Fee Income/Banking Fee Income 961 1,123 16.8%  
  Administrative and Personnel Expenses (2,332) (2,378) 2.0%  
  Operating Income (Loss) 32 406 -  
  Net Income (Loss) 482 426

-11.6%

 
 BALANCE SHEET (R$ million)    
  Total Assets 110,221 102,998 -6.6%  
  Loan Portfolio 50,984 47,620 -6.6%  
      Wholesale Segment 17,377 14,161 -18.5%  
      Consumer Finance Segment 33,606 33,459 -0.4%  
  Guarantees Provided 9,468 7,824 -17.4%  
  Expanded Credit Portfolio 65,526 60,880 -7.1%  
  Funding Sources 77,953 67,343

-13.6%

 
  Shareholders' Equity

7,617

8,426 10.6%  
 MANAGEMENT INDICATORS (%)    
  Return on Average Equity1 (ROAE) 6.3 5.2 -1.1 p.p.  
  Return on Average Assets2 (ROAA) 0.5 0.4 -0.1 p.p.  
  Net Interest Margin3 (NIM) 4.9 4.9 0.0 p.p.  
  Efficiency Ratio (ER) - Accumulated basis of 12 months4 39.4 38.8 -0.6 p.p.  
  Basel Index 15.2 15.1 -0.1 p.p.  
 OTHER INFORMATION    
  Assets under Management5 (R$ million) 47,418 53,753 13.4%  
 
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 February 16th, 2017