1Q22 Results and Strategic Update
Results
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(R$ million)
1Q22
1Q21
1Q22 x 1Q21
4Q21
1Q22 x 4Q21
Net Interest Income
13,938
13,426
3.8%
14,150
-1.5%
Fees
4,617
4,367
5.7%
4,980
-7.3%
Total Revenues
18,555
17,793
4.3%
19,131
-3.0%
Allowance for Loan Losses
-4,612
-3,161
45.9%
-3,693
24.9%
General Expenses
-5,534
-5,008
10.5%
-5,618
-1.5%
Others
-2,829
-3,157
-10.4%
-4,172
-32.2%
Profit Before Taxes
5,581
6,467
-13.7%
5,648
-1.2%
Taxes and Minority Interest
-1,576 -2,512
-37.3%
-1,767
-10.8%
NET PROFIT
4,005
3,955
1.3%
3,880
3.2%
IIIIII
O=
1Q22
Efficiency
Recurrence Ratio ROA
36.0%
+1.8 p.p. YoY
83.4%
1.7%
-3.8 p.p. YoY
-1.4 p.p. QoQ
-5.2 p.p. QoQ
+0.1 p.p. YoY
+0.1 p.p. QoQ
ROAE
20.7%
+0.1 p.p. YoY
+0.6 p.p. QoQ
BIS
Ratio
14.7%
CET1
11.7%
18View entire presentation