BB Seguridade Participações S.A. (BBSEY) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

To listen to the audio in English, press the interpretation button at the lower right-hand side of the screen. The event will be divided into two parts. In the first part, our CEO, Delano Valentim, and our CFO, Rafael Esperandio, will present the main deliveries of the quarter. The presentation, in Portuguese or English, can be downloaded on our website of relations with investors by the address www.bbseguridaderi.com.br. In the second part of the event, there will be a Q&A session, when analysts and investors will be able to request additional clarifications. I will return after the presentations to pass on the guidance to those who wish to ask questions. Now, I pass the word to Delano, who will talk about the main highlights of the year. Delano, please, now it's your turn. Thank you, Felipe. Good morning. First of all, I want to thank all the people who are connected, following our virtual meeting, where we will present our performance of 2025. Starting the presentation, we noticed that this year we achieved a recurring management liquid profit of R$ 9.1 billion, a historic record, a fairly robust result, growing 11.4% year-on-year. Our operational result, which represented almost 80% of the profit, grew 2.1% year-on-year, with the sinisterness reaching the lowest level of the historic series. We also had a relevant contribution of the financial result, which grew 61.3% after taxes. And all this robustness of results, combined with the high capacity of cash generation, allowed us to prove R$ 8.7 billion in dividends per year, a high of 5.4% in the remuneration volume intended for our shareholders. An amount equivalent to practically R$ 4.50 per share, referring to the 20-25 exercise. The numbers in the last line were spectacular, despite the regulatory changes and ...