Banestes S.A - Banco do Estado do Espírito Santo (BVMF:BEES3)

BVMF:BEES3 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	5,052	4,591	5,132	4,738	2,185	1,475
Total Interest Income	5,052	4,591	5,132	4,738	2,185	1,475
Interest Paid on Deposits	3,589	3,147	3,686	3,538	1,194	676.18
Total Interest Expense	3,589	3,147	3,686	3,538	1,194	676.18
Net Interest Income	1,463	1,444	1,445	1,200	991.13	798.8
Net Interest Income Growth (YoY)	0.58%	-0.11%	20.47%	21.04%	24.08%	-10.22%
Gain (Loss) on Sale of Assets	55.51	61.58	22.38	12.27	13.73	2.87
Gain (Loss) on Sale of Investments	15.4	35.71	-0.89	46.73	11.44	-
Other Non-Interest Income	421.27	333.81	315.08	331.69	302.05	405.12
Total Non-Interest Income	492.17	431.1	336.57	390.69	327.22	407.99
Non-Interest Income Growth (YoY)	35.86%	28.09%	-13.85%	19.40%	-19.80%	-6.33%
Revenues Before Loan Losses	1,955	1,875	1,782	1,590	1,318	1,207
Provision for Loan Losses	332.49	174.2	307.17	139.22	163.5	63.88
Revenue	1,623	1,701	1,475	1,451	1,155	1,143
Revenue Growth (YoY)	-1.28%	15.32%	1.62%	25.65%	1.04%	-2.72%
Salaries and Employee Benefits	619.84	580.98	524.75	492.22	422.48	418.21
Selling, General & Administrative	392.73	382.63	326.26	290.53	250.89	238.68
Other Non-Interest Expense	170.91	126.12	152.05	110.88	113.51	107.06
Total Non-Interest Expense	1,183	1,090	1,003	893.63	786.87	763.95
EBT Excluding Unusual Items	439.23	610.8	471.51	557.46	367.98	378.96
Legal Settlements	-2.9	-15.23	-38.78	-50.51	-25.4	-47.15
Pretax Income	436.33	595.57	432.73	506.96	342.59	331.82
Income Tax Expense	94.7	166.93	108.93	162.31	112.06	110.16
Net Income	341.64	428.63	323.8	344.64	230.52	221.65
Net Income to Common	341.64	428.63	323.8	344.64	230.52	221.65
Net Income Growth	-9.96%	32.38%	-6.05%	49.50%	4.00%	3.70%
Basic Shares Outstanding	348	348	348	348	348	348
Diluted Shares Outstanding	348	348	348	348	348	348
Shares Change (YoY)	-	-	-	-	-	0.51%
EPS (Basic)	0.98	1.23	0.93	0.99	0.66	0.64
EPS (Diluted)	0.98	1.23	0.93	0.99	0.66	0.64
EPS Growth	-9.96%	32.38%	-6.05%	49.50%	4.00%	3.18%
Dividend Per Share	0.166	0.436	0.579	0.532	0.406	0.190
Dividend Growth	-71.13%	-24.65%	8.83%	31.27%	113.20%	-38.96%
Effective Tax Rate	21.70%	28.03%	25.17%	32.02%	32.71%	33.20%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.