Banco Do Estado Do Rio Grande Do Sul SaBMFBOVESPA: BRSR3

Banco do Estado do Rio Grande do Sul: Net income up 28.8% YoY, with improved asset quality and capital ratios in 1Q25

May 15, 2025 at 9:06 AM UTC · Issued by Banco Do Estado Do Rio Grande Do Sul SA

Net income rose 28.8% year-over-year to R$241.5 million, with strong loan and asset growth, while asset quality and capital ratios improved. Sequentially, net income declined 15.0% amid higher provision expenses and expense reclassifications.

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Earlier from Banco Do Estado Do Rio Grande Do Sul Sa

Banco do Estado do Rio Grande do Sul: Net income up 5.2% to R$916.1M, with robust loan growth and digital innovationFeb 13, 2025
Banco do Estado do Rio Grande do Sul: Net income jumped 54.8% year-over-year in 3Q24, with improved asset quality and capital ratiosNov 13, 2024
Banco do Estado do Rio Grande do Sul: Net income dipped 1.1% in 1H2024, but capital and loan growth remained strongAug 14, 2024

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