B3 Sa Brasil Unsp/Adr (BOLSY) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen, and welcome to the B3 Earnings Results presentation for the first quarter of 2026, where André Milanese, B3 CFO, will discuss the results along Fernando Campos, Investor Relations Associate Director. We would like to inform you that all participants will be in a listen-only mode during the company's presentation. After the company's remarks are completed, there will be a question and answer section when further instructions will be given. As a reminder, this conference is being broadcast live via webcast. The replay will be available after the event is concluded. Hello, Fernando Campos from B3's Investor Relations team, and I'm here with André Milanes, the company CFO, to comment on the results for the first quarter of 2026. To begin, André, could you provide an overview of the quarter, which was a strong quarter, with a positive scenario, and how the business model of the company could make the most of this important quarter for us? Sure, Fernando. The first quarter was marked by a very, as you said, favorable environment for the Brazilian capital markets with increased volatility and a relevant inflow of foreign capital during the quarter. In this context, our business model once again demonstrated its ability to capture the opportunities of a positive scenario supported by a balanced combination of pro-cyclical revenues which directly benefit from increased activity and recurring revenues, which continued to deliver solid performance and more predictable results. As a result of that, B3 reached total revenue of R$ 3.2 billion in the first quarter of 26, representing a growth of 21% when compared to the first quarter of 25. And it was the highest quarterly revenue in the company's history. The group of pro-cyclical business compo...