Banco Do Brasil Sa S/Adr (BDORY) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, I am Janaina Stotti, Head of Investor Relations of Banco do Brasil. Thank you for joining us for another live streaming on the results of the first quarter. Our live streaming will be in Portuguese with simultaneous translation into English. You can choose three audio options, original, English, or Portuguese. And to talk about the members of the first quarter, we have here with us today our CEO, Tarcela Medeiros, our CFO, Giovanni Tobias, and our CRO, Felipe Prince. Now, just to start off, I would like to turn the floor over to Tarsi to start with her initial remarks. Good morning, everyone. Thank you for joining us in another earnings release presentation. I just landed from an official mission to China, where I had a very intense institutional and business prospecting agenda. Right now, I'm talking from our New York office, where we will also be holding important meetings with clients and partners. Over the last two years, we have built up a very close relationship with the market, and I really wanted to be here with you today. This quarter, It's even more important that I provide you with a diagnosis of the bank's results and its strategic direction, and I'm going to address all of the issues that have impacted the beginning of the year and what we are doing to get through this moment. Since the beginning of our administration, just over two years, we have delivered 73.5 billion BRLs in adjusted net income. We added value to our shareholders and added a further 171.5 billion BRLs to the whole Brazilian society by means of the demonstration of the added value, which is an important sustainability concept that goes beyond profit. The return was above 20% in every quarter during our administration, reflecting the disciplined execution of our corporate ...