Banco Do Brasil S.a. · BMFBOVESPA:BBAS3
Banco Do Brasil — Q2 2025 Earnings Presentation
25 slides from Banco Do Brasil's earnings presentation, Aug 15, 2025
Slide 1: Earnings Presentation
Earnings Presentation Click or scan the QR Code to MD&A 2Q25
Slide 2: 2025 is a year of adjustment to restore profitability
2025 is a year of adjustment to restore profitability R$ billion 1Q25 2Q25 Δ% Q/Q 1H24 1H25 Adjusted Net Income 7.4 3.8 -48.7% 18.8 11.2 Cost of Credit 10.2 15.9 +56,7% 16.3 26.1 Net Interest Income 23.9 25.1 +4,9% 51.3 48.9 Fee Income 8,4 8.8 +4,7% 17.2 17.1 Administrative Expenses 9.5 9.7 +1,9% 18
Slide 3: Agribusiness and its cycles in perspective
Agribusiness and its cycles in perspective 15.00 13.75 11.75 12.25 9.25 Selic Rate 2.00 182 % 170 Balance NPL + 90 days Soybean Price 153 154 Average R$ billion R$ 146 141 134 3.49 12.73 2.45 ~20k customers NPL +90d 1.00 0.60 0.52 0.96 74% had never defaulted % Total 8.77 on payments until 2023 397.
Slide 4: MSMEs were affected by the cycle of Selic rate increases
MSMEs were affected by the cycle of Selic rate increases 15.00 13.75 11.75 12.25 9.25 11.50 11.75 10.50 9.25 % 4.50 Projected Selic rate 2.00 3.00 Selic rate end of the period Guarantees SMSE Portfolio 117.2 125.0 121.8 10.6% 105.6 NPL +90 days MSME 25% Guarantee Funds 87.2 80.0 6.1% 18% MSME NPL +9
Slide 5: Guidance
Observed Released Revised between 1H25 between 2025 5.5% and 9.5% 10.3% 3% and 6% Loan Portfolio1 Individuals 7% and 11% 8.0% 7% and 10% Companies 4% and 8% 15.2% 0% and 3% Agribusiness 8.0% Guidance 5% and 9% 3% and 6% Sustainable Loan Portfolio 7% and 11% 10.6% 7% and 10% R$ billion Net Interest I
Slide 6: Levers for results
Levers for results Strategies and tactical moves Innovation and AI strengthen the credit journey Sustainable business growth Without giving up on investments in infrastructure and the best customer experience 6 | 13
Slide 7: Innovation and AI strengthen the credit journey
Innovation and AI strengthen the credit journey Engagement and induction Front Compliant Origination Front Front Change in structures Origination Service Network and conveyor belts in safer lines and with collection and recovery better risks + Digital tools + Sinergy between Collection, Retail and W
Slide 8: Agribusiness Actions
Agribusiness Actions Crop Plan Specialized 2025 / 2026 Service R$ 230 billion Extensive own network and correspondents In the new resilience matrix, with a focus on controlled Agribusiness experts resources in all regions Diligent and Dialogue with the even closer regulator regarding Action in Judic
Slide 9: MSME Actions
MSME Actions Disbursements ARI – Intelligent in lowe-risk lines with Recommendations guarantees Area Pronampe + PEAC FGI For a year now, our scalable R$ 57 billion disbursed advisory service, which uses since 2020 intelligent generative AI, has been supporting the financial R$ 8 billion disbursed an
Slide 10: Sustainable business growth
Sustainable business growth Optimization of the credit mix and opportunities with individuals Private Payroll Loan (Crédito ao trabalhador) Repositioning of the value proposition 24% Market Share in the High-Income Segment Start of the BB's Own Portability Multi-contracts Free use of Expand in +25%
Slide 11: Without giving up on investments in infrastructure and the best customer experience
Without giving up on investments in infrastructure and the best customer experience Technology Digital Acceleration Movement Investment in Training Technology and AI Programs Acceleration 10,000 of agile scaling Agile scaling R$ 3.2 billion 62% invested in 2025 involved in development Model activiti
Slide 12: Without giving up on investments in infrastructure and the best customer experience
Without giving up on investments in infrastructure and the best customer experience Transforming customer service to more flexible and modular models 50% efficiency in 5 years, adapting our positioning to the business potential of each location and the profile of our customers Ponto BB Customer Serv
Slide 13: Performance
Performance
Slide 14: Adjusted Net Income
Adjusted Net Income R$ billion ROE % 21.6 16.7 21.7 12.6 8.4 -60.2% -40.7% -48.7% 18.8 9.5 7.4 11.2 3.8 2Q24 1Q25 2Q25 1H24 1H25 2 | 13
Slide 15: Guidance
Observed Released Revised between 1H25 between 2025 5.5% and 9.5% 10.3% 3% and 6% Loan Portfolio1 Individuals 7% and 11% 8.0% 7% and 10% Companies 4% and 8% 15.2% 0% and 3% Agribusiness 8.0% Guidance 5% and 9% 3% and 6% Sustainable Loan Portfolio 7% and 11% 10.6% 7% and 10% R$ billion Net Interest I
Slide 16: Net Interest Income
Net Interest Income TMS (%) TR (%) NIM 2.53% 2.99% 3.33% 0.41% 0.51% 5.0% 4.5% 4.6% 0.23% (%) 2Q24 1Q25 2Q25 2Q24 1Q25 2Q25 2Q24 1Q25 2Q25 R$ million Accounting NII Δ% Δ% Δ% -1.9% -4.6% 2Q24 1Q25 2Q25 Y/Y Q/Q 1H24 1H25 Acm. R$ billion +4.9% 51.3 Net Interest Income 25,549 23,881 25,061 (1.9) 4.9 51,
Slide 17: Cost of Credit
Cost of Credit R$ billion Expenses/loan portfolio 4.03% 4.03% 4.66% (%) +103.8% +59.4% +56.7% Flow by Segment (26.1) (Internal Loan Portfolio) (15.9) (16.9) (16.3) (4.3) Companies (7.8) (28.4) (10.2) (4.8) Individuals (19.6) (17.4) ALLL Expenses 2024 Expected Loss 2025 (9.6) (11.1) (7.9) Agribusines
Slide 18: Expanded Loan Portfolio
Expanded Loan Portfolio¹ R$ billion NPL and Coverage Ratio (%) 5.53 5.92 NPL +30 days 4.38 4.56 4.64 +11.2% 3.86 4.21 3.00 3.33 3.32 NPL +90 days +1.3% Coverage 191.3 177.6 184.8 179.2 1,277.8 1,294.3 171.3 1,164.4 Jun/24 Sep/24 Dec/24 Mar/25 Jun/25 NPL Formation New NPL 100.0 93.2 Coverage(%) 88.7
Slide 19: Individuals
Individuals Loan Portfolio R$ billion NPL +30 days 6.78 6.81 6.43 7.33 7.76 individuals (%) +8.0% Jun/24 Sep/24 Dec/24 Mar/25 Jun/25 +2.0% 335.8 342.6 317.3 NPL +90 days 4.81 5.03 4.66 5.10 5.59 individuals (%) Jun/24 Sep/24 Dec/24 Mar/25 Jun/25 Individuals 171.9 163.7 163.4 176.8 162.5 Coverage rat
Slide 20: Companies
Companies Loan Portfolio R$ billion NPL +30 days 6.00 5.37 Companies (%) 4.62 4.63 4.54 +14.7% Jun/24 Sep/24 Dec/24 Mar/25 Jun/25 +1.8% 459.9 468.0 408.1 NPL +90 days 3.38 3.58 3.51 4.06 4.18 Companies (%) Corporate 261.5 271.2 Jun/24 Sep/24 Dec/24 Mar/25 Jun/25 219.4 SME 121.8 123.8 121.8 Companies
Slide 21: Agribusiness
Agribusiness Loan Portfolio R$ billion NPL +30 days 4.11 5.53 2.45 3.02 3.74 Agribusiness (%) +8.0% Jun/24 Sep/24 Dec/24 Mar/25 Jun/25 -0.3% 406.2 404.9 375.0 NPL +90 days 1.97 2.45 3.04 3.49 1.32 Agribusiness (%) Jun/24 Sep/24 Dec/24 Mar/25 Jun/25 Agribusiness Coverage ratio 198.0 165.3 134.5 183.6
Slide 22: Expected Loss by Stage
CMN Resolution No 4,966/21 Expected Loss by Stage R$ billion Stage 1 Stage 2 Stage 3 jun/25 1.0% 21.3% 64.6% Individuals Loan Portfolio 289.0 38.8 R$ billion 14.7 25.1 2.9 3.1 Stage 1 Stage 2 Stage 3 0.5% 27.0% 78.3% Companies 309.3 Coverage (%) 0.9% 23.8% 70.6% 27.5 980.6 8.4 21.5 93.2 Balance Loan
Slide 23: Fee Income and Administrative Expenses
Fee Income and Administrative Expenses Cost-to-income R$ billion ratio 12 months 27.0% Fee Income Administrative Expenses -1.0% -0.4% +4.7% +5.8% +4.7% +1.9% (19.2) (18.1) 17.2 17.1 8.8 8.4 8.8 (9.2) (9.5) (9.7) (12.0) (12.8) Personnel (6.1) (6.3) (6.4) Expenses Other (6.2) (6.4) Administrative (3.2
Slide 24: Capital
Capital BIS III 14.19 14.14 14.14 (%) 1.19 0.87 0.88 Tier II Tier I 13.01 13.27 13.27 CET 1 11.60 10.97 0 10.97 0 Jun/24 Mar/25 Jun/25 0.18 0.06 (0.02) (0.22) CET 1 (%) 10.97 10.97 Net income Actuarial + Prudential RWA Mar/25 MtM+ Adjustement Jun/25 FX Variation 12 | 13
Slide 25: bb.com.br/ir
bb.com.br/ir