Business
Banco do Estado do Rio Grande do Sul: Net income dropped 8.2% year-over-year, but net interest income rose 12.5%
Banco do Estado do Rio Grande do Sul: Net income dropped 8.2% year-over-year, but net interest income rose 12.5%
About this update from Banco Do Estado Do Rio Grande Do Sul Sa
Net income fell 8.2% year-over-year to R$221.6 million, while net interest income rose 12.5%. Loan portfolio grew 1.3% to R$64.3 billion, and funding increased 13.0% to R$111.3 billion. ROAE declined to 7.9% and Basel ratio stood at 15.8%.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
View stock analysis, news, and events for Banco Do Estado Do Rio Grande Do Sul Sa