Click or read the QR Code for MD&A 4Q24 Earnings Release #Pública Imagem do QR Code Commitment and value generation R$ billion Adjusted Net Income 35.6 37.9 +6.6% 2024 Guidance from R$ 37 to 40 billion ROE 2024 21.4% Value Added to Society in 2024 R$85.4billion 2023 2024 2 | 21 We support our customers and strengthen our leadership 1,278.3 1,108.6 R$ 1.3 trillion Loan Portfolio Expanded View +15.3% Dec24/Dec23 Dec 23 Dec 24 Individuals R$ 336.0 billion +7.3% Dec24/Dec23 Payroll Loans 20.5% Dec24 Dec24/Dec23 ...

Banco do Brasil S.A. (OTCPK:BDORY) Q4 2024 Earnings Conference Call February 20, 2025 9:00 AM ET Company Participants Janaina Storti - Manager, IR Tarciana Medeiros - CEO Geovanne Tobias - CFO Felipe Prince - VP of Risk Conference Call Participants Daniel Vaz - Safra Tito Labarta - Goldman Sachs Renato Meloni - Autonomous Guilherme Grispen - JP Morgan Marcelo Mizrahi - Bradesco BBI Gustavo Schroden - Citi Eduardo Nishio - Genial Pedro Leduc - Itau Carlos Gomez-Lopez - HSBC Nicolas Riva - Bank of America Mer ...

Financial Data and Key Metrics Changes - The company achieved an adjusted net income of R$37.9 billion, reflecting a 6.6% increase year-on-year [10] - Total loans exceeded R$1.278 trillion at the end of 2024, marking an increase of over 15% [10] - The capital ratio closed the year at 10.89%, with expectations for an optimal range around 11% [49][50] Business Line Data and Key Metrics Changes - Loans to individuals reached R$336 billion, up 7% year-on-year, with a market share increase to over 20% in payroll loans [12] - The corporate portfolio grew significantly by 18% in 2024, with a focus on entrepreneurship as a key driver [13] - The SME portfolio exceeded R$125 billion, with advancements in specialized service models [14] - Agribusiness loans grew nearly 12%, reaching R$400 billion in January 2025 [15][48] Market Data and Key Metrics Changes - The delinquency rate in the agribusiness portfolio rose, with in-court reorganizations representing almost 20% of non-performing loans [16] - The company reported a robust capital level, with a focus on maintaining a balance between risk and return [49] Company Strategy and Development Direction - The company aims to continue sustainable and balanced credit growth, focusing on payroll loans and government programs [31] - There is a strong emphasis on digital transformation and enhancing customer experience through technology investments [19][20] - The company is committed to sustainability, having declared a sustainable portfolio with growth of almost 13% [59] Management's Comments on Operating Environment and Future Outlook - The Brazilian economic scenario is projected to show resilience with GDP growth of 2.2% and inflation at 5.6% [62] - The agricultural sector is expected to be a key driver of economic growth, with forecasts for a record harvest in 2025 [90] - Management expressed confidence in the ability to manage risks while pursuing growth opportunities in various segments [33][64] Other Important Information - The company has doubled its investment in technology over the past two years, focusing on digital skills and artificial intelligence [51][53] - The company achieved the highest Net Promoter Score (NPS) in its history, reflecting strong customer satisfaction [22] Q&A Session Summary Question: Guidance on loan portfolio growth - The company reported significant growth in company portfolios, with a focus on SMEs and large corporate clients, while being cautious in a challenging environment [72][74] Question: Provisioning levels and coverage - Management expects NPLs in the agribusiness sector to decrease, with coverage levels anticipated to rise above 200% due to new provisioning policies [87][88] Question: Insights on the agribusiness sector - Management highlighted the importance of renegotiating loans with farmers to avoid in-court reorganizations, emphasizing a constructive outlook for the sector [99][102] Question: Guidance on net interest income (NII) - The company aims to improve margins through payroll loans and expects a positive impact on client NII as the individual portfolio grows [114][116]

Core Viewpoint - The article compares Banco Do Brasil SA (BDORY) and DBS Group Holdings Ltd (DBSDY) to determine which stock is more attractive for value investors [1]. Group 1: Zacks Rank and Earnings Outlook - Banco Do Brasil SA has a Zacks Rank of 1 (Strong Buy), indicating a positive earnings outlook, while DBS Group Holdings Ltd has a Zacks Rank of 3 (Hold) [3]. - The Zacks Rank system emphasizes companies with positive earnings estimate revisions, suggesting that BDORY is likely experiencing a more favorable earnings outlook [3]. Group 2: Valuation Metrics - BDORY has a forward P/E ratio of 4.56, significantly lower than DBSDY's forward P/E of 11.13, indicating that BDORY may be undervalued [5]. - The PEG ratio for BDORY is 1.62, while DBSDY's PEG ratio is 2.61, suggesting that BDORY has a better expected EPS growth rate relative to its valuation [5]. - BDORY's P/B ratio is 0.81, compared to DBSDY's P/B of 1.94, further supporting the notion that BDORY is undervalued [6]. - These metrics contribute to BDORY's Value grade of A and DBSDY's Value grade of D, highlighting BDORY as the superior value option [6][7].

Investors interested in stocks from the Banks - Foreign sector have probably already heard of Banco Do Brasil SA (BDORY) and HDFC Bank (HDB) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our St ...

Banco do Brasil ( OTCPK:BDORY ) reported consistent results for its third quarter of 2024, with a healthy financial margin and a spread that remained stable. However, the point of attention was the increaseI am a researcher and operations manager at DM Martins Research. Previously, I contributed to TheStreet and currently write for platforms such as TipRanks and GuruFocus. Here at Seeking Alpha, my goal is to provide insightful analysis primarily on foreign equities, with a focus on emerging markets, to emp ...

Banco do Brasil S.A. (OTCPK:BDORY) Q3 2024 Earnings Conference Call November 14, 2024 8:00 AM ET Company Participants Janaina Storti - Manager -Investor Relations Tarciana Medeiros - Chief Executive Officer Felipe Prince - Vice President of Risk Geovanne Tobias - Chief Financial Officer Conference Call Participants Yuri Fernandes - JPMorgan Bernardo Guttmann - XP Renato Meloni - Autonomous Gustavo Schroden - Citi Eric Ito - Bradesco Bank Mario Pierry - Bank of America Carlos Gomez-Lopez - HSBC Pedro Leduc - ...

Kutay Tanir Brazil is the world's fifth-largest country and seventh-most populous, with over 215 million people. Its economy is eleventh by GDP at $1.92 trillion, behind Italy and ahead of Australia. Brazil is a significant producer and exporter of commodities that feed, power, and provide shelter and infrastructure to people worldwide. Banco do Brasil S.A. (OTCPK:BDORY) shares have just over $29 billion market cap at $5.02 per share. BDORY shares reached a $10.86 high in late 2010 when commodity prices wer ...

RafaPress Banco do Brasil's (OTCPK:BDORY) 2Q24 results aligned with their yearly guidance, although analysts were concerned about an increase in allowances, challenges in the agricultural segment, and a continued fall in margins. Looking long-term, the company seems strongly positioned to grow with Brazil, being one of the strongest banks in the system. It is not as affected by competition from fintechs and has good average ROE and book growth. The main risk for the stock is the devaluation of the Brazilian ...

Investors interested in Banks - Foreign stocks are likely familiar with Banco Do Brasil SA (BDORY) and National Australia Bank Ltd. (NABZY) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out. There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank puts an emphasis on ...