Banco Do Brasil Sa S/Adr (BDORY) Q4 2023 Earnings Call

Investor webinar replay

Replay transcript excerpt

I am Genaína Storchi, General Manager of Investor Relations of Banco do Brasil. Welcome to our video conference to announce the results of the fourth quarter of 2023. Our event will be in Portuguese with simultaneous translation into English, and you can choose between three audio options, original Portuguese or English. Present with me today are our President Tarsiana Medeiros, the Vice President of Financial Management and Investor Relations, Giovanni Tobias, and the VP for Internal Controls and Risk Management, Philippe Pries. We will begin with a presentation of the results, followed by a Q&A session. We would like to remind analysts that questions should be asked using the link provided. Now, to begin, I would like to turn the floor to our President, Tarciana. Good morning. Good morning, everyone. Thank you so much for joining us this morning for another presentation of our results. I would like to apologize for this late beginning because our press conference was a bit delayed. I wasn't able to attend the last earnings release due to sick leave, but I am fine now. And I would also like to emphasize that here, We are a team. I was very well represented by my colleagues, Marco Giovanni and Felipe Prince, at the last event, just as I am very well accompanied by them here today. But we are 125,000 employees of the BB conglomerate throughout Brazil and the world. Together and mixed, we have completed a year of management, delivering excellent results and creating value for society. But before I... Getting to the numbers, I would like to thank my colleagues for this excellent delivery. Today, we are very proud to announce the most impressive annual result in our history. Well, guys, Banco do Brasil posted a record adjusted net income of 35.6 billion BRLs in 2023, a r...