Banco do Brasil Remains A Buy Despite Rural Credit Risk

Group 1 - Banco do Brasil S.A. reported Q4 2024 results with strong earnings and a 21% return on equity (ROE) [1] - The bank's valuation is attractive at less than 1x book value, especially considering its 20%+ ROE [1] Group 2 - The investment approach focuses on operational aspects and long-term earnings power rather than market-driven dynamics [1] - The strategy emphasizes holding companies for the long term, with most recommendations being holds rather than buys [1]