Banco BTG Pactual S.A. (BVMF:BPAC11)

Banco BTG Pactual 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	34,261	31,498	32,737	28,967	15,756	4,690
Interest Income on Investments	47,743	36,571	38,911	42,439	12,637	7,431
Total Interest Income	82,004	68,069	71,648	71,406	28,393	12,121
Interest Paid on Deposits	42,007	33,957	37,162	35,153	11,839	4,777
Interest Paid on Borrowings	10,472	8,406	11,160	14,848	6,449	4,463
Total Interest Expense	52,480	42,363	48,322	50,001	18,288	9,240
Net Interest Income	29,524	25,706	23,325	21,405	10,104	2,881
Net Interest Income Growth (YoY)	21.48%	10.21%	8.97%	111.84%	250.74%	59.75%
Gain (Loss) on Sale of Investments	-177.83	-	-	-	-	-
Other Non-Interest Income	11,712	11,869	10,208	9,601	7,584	7,076
Total Non-Interest Income	11,535	11,869	10,208	9,601	7,584	7,076
Non-Interest Income Growth (YoY)	0.34%	16.27%	6.32%	26.59%	7.19%	28.72%
Revenues Before Loan Losses	41,059	37,576	33,533	31,006	17,688	9,957
Provision for Loan Losses	3,661	2,844	2,410	4,367	826.27	366.16
Revenue	37,398	34,731	31,123	26,639	16,862	9,590
Revenue Growth (YoY)	14.97%	11.59%	16.83%	57.98%	75.82%	38.62%
Salaries and Employee Benefits	6,422	5,933	5,272	4,997	3,947	2,348
Selling, General & Administrative	10,967	11,306	9,951	8,830	5,401	1,763
Other Non-Interest Expense	4,042	3,274	4,632	3,654	1,479	767.65
Total Non-Interest Expense	19,991	19,116	18,836	16,487	8,238	4,714
EBT Excluding Unusual Items	17,407	15,615	12,287	10,152	8,624	4,877
Legal Settlements	-703.86	-1,010	-369.9	-330.32	-107.56	-35.83
Pretax Income	16,703	14,605	11,917	9,822	8,291	4,841
Income Tax Expense	2,529	2,324	1,591	1,581	1,858	958.17
Earnings From Continuing Operations	14,174	12,281	10,326	8,240	6,433	3,883
Minority Interest in Earnings	-762.37	-491.93	-401.64	-398.47	-90.63	93.74
Net Income	13,411	11,789	9,925	7,842	6,342	3,976
Net Income to Common	13,411	11,789	9,925	7,842	6,342	3,976
Net Income Growth	22.51%	18.79%	26.56%	23.65%	59.50%	3.87%
Basic Shares Outstanding	4,732	4,743	4,745	4,759	4,759	4,482
Diluted Shares Outstanding	4,732	4,743	4,745	4,759	4,759	4,482
Shares Change (YoY)	-0.82%	-0.04%	-0.30%	-	6.19%	-4.77%
EPS (Basic)	2.83	2.49	2.09	1.65	1.33	0.89
EPS (Diluted)	2.83	2.49	2.09	1.65	1.33	0.89
EPS Growth	23.53%	18.84%	26.94%	23.65%	50.20%	9.07%
Dividend Per Share	-	-	0.781	-	-	-
Effective Tax Rate	15.14%	15.91%	13.35%	16.10%	22.41%	19.79%

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