Banco do Brasil S.A. (BVMF:BBAS3)

Banco do Brasil Income Statement

Financials in millions BRL. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	160,973	138,068	236,549	86,960	87,190
Interest Income on Investments	127,380	129,056	-	44,547	30,666
Total Interest Income	288,353	267,123	236,549	131,507	117,856
Interest Paid on Deposits	57,112	66,276	162,202	21,116	15,103
Interest Paid on Borrowings	125,598	104,591	-	47,036	51,376
Total Interest Expense	182,711	170,868	162,202	68,152	66,479
Net Interest Income	105,643	96,256	74,347	63,355	51,378
Net Interest Income Growth (YoY)	9.75%	29.47%	17.35%	23.31%	-3.01%
Gain (Loss) on Sale of Assets	-	-	408.09	-	-
Gain (Loss) on Sale of Investments	-1,878	2,791	-482.63	-505.46	556.85
Gain (Loss) on Sale of Equity Investments	-	-	5,263	-	-
Other Non-Interest Income	39,931	32,712	37,961	30,746	32,109
Total Non-Interest Income	38,053	35,503	43,149	30,241	32,666
Non-Interest Income Growth (YoY)	7.18%	-17.72%	42.69%	-7.43%	3.85%
Revenues Before Loan Losses	143,696	131,759	117,496	93,595	84,044
Provision for Loan Losses	41,422	32,221	17,882	17,884	25,561
Revenue	102,274	99,538	99,614	75,711	58,483
Revenue Growth (YoY)	2.75%	-0.08%	31.57%	29.46%	-5.28%
Salaries and Employee Benefits	28,844	27,457	25,392	23,535	21,720
Occupancy Expenses	-	-	2,628	-	-
Amortization of Goodwill & Intangibles	-	-	1,346	-	-
Selling, General & Administrative	14,570	14,196	7,952	12,848	13,064
Other Non-Interest Expense	13,044	12,884	23,770	15,710	9,894
Total Non-Interest Expense	48,397	46,959	61,088	48,602	41,412
EBT Excluding Unusual Items	53,877	52,579	38,525	27,110	17,071
Asset Writedown	-22.64	-71.57	-32.96	-959.23	-
Legal Settlements	-11,634	-8,335	-38.63	48.86	-4,066
Other Unusual Items	247.12	390.53	-	-442.07	-183.59
Pretax Income	42,468	44,563	38,454	25,757	12,821
Income Tax Expense	3,372	6,956	8,452	4,441	-1,453
Earnings From Continuing Operations	39,096	37,607	30,001	21,316	14,274
Minority Interest in Earnings	-3,656	-3,788	-2,270	-1,606	-1,577
Net Income	35,440	33,819	27,731	19,710	12,697
Preferred Dividends & Other Adjustments	-	-	-	-	185.23
Net Income to Common	35,440	33,819	27,731	19,710	12,512
Net Income Growth	4.79%	21.95%	40.69%	55.23%	-30.09%
Basic Shares Outstanding	5,708	5,708	5,708	5,707	5,705
Diluted Shares Outstanding	5,708	5,708	5,708	5,707	5,705
Shares Change (YoY)	0.01%	0.01%	0.01%	0.04%	1.90%
EPS (Basic)	6.21	5.92	4.86	3.45	2.19
EPS (Diluted)	6.21	5.92	4.86	3.45	2.19
EPS Growth	4.79%	21.94%	40.68%	57.47%	-31.40%
Dividend Per Share	2.658	2.283	2.069	1.319	0.736
Dividend Growth	16.45%	10.34%	56.80%	79.28%	-38.69%
Effective Tax Rate	7.94%	15.61%	21.98%	17.24%	-

Source: S&P Capital IQ. Banks template. Financial Sources.