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

Banco BTG Pactual 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	31,498	32,737	28,967	15,756	4,690
Interest Income on Investments	36,571	38,911	42,439	12,637	7,431
Total Interest Income	68,069	71,648	71,406	28,393	12,121
Interest Paid on Deposits	33,957	37,162	35,153	11,839	4,777
Interest Paid on Borrowings	8,406	11,160	14,848	6,449	4,463
Total Interest Expense	42,363	48,322	50,001	18,288	9,240
Net Interest Income	25,706	23,325	21,405	10,104	2,881
Net Interest Income Growth (YoY)	10.21%	8.97%	111.84%	250.74%	59.75%
Other Non-Interest Income	11,869	10,208	9,601	7,584	7,076
Total Non-Interest Income	11,869	10,208	9,601	7,584	7,076
Non-Interest Income Growth (YoY)	16.27%	6.32%	26.59%	7.19%	28.72%
Revenues Before Loan Losses	37,576	33,533	31,006	17,688	9,957
Provision for Loan Losses	2,844	2,410	4,367	826.27	366.16
Revenue	34,731	31,123	26,639	16,862	9,590
Revenue Growth (YoY)	11.59%	16.83%	57.98%	75.82%	38.62%
Salaries and Employee Benefits	6,484	5,804	4,997	3,947	2,348
Selling, General & Administrative	11,306	9,951	8,830	5,401	1,763
Other Non-Interest Expense	2,723	4,101	3,654	1,479	767.65
Total Non-Interest Expense	19,116	18,836	16,487	8,238	4,714
EBT Excluding Unusual Items	15,615	12,287	10,152	8,624	4,877
Legal Settlements	-1,010	-369.9	-330.32	-107.56	-35.83
Pretax Income	14,605	11,917	9,822	8,291	4,841
Income Tax Expense	2,324	1,591	1,581	1,858	958.17
Earnings From Continuing Operations	12,281	10,326	8,240	6,433	3,883
Minority Interest in Earnings	-491.93	-401.64	-398.47	-90.63	93.74
Net Income	11,789	9,925	7,842	6,342	3,976
Net Income to Common	11,789	9,925	7,842	6,342	3,976
Net Income Growth	18.79%	26.56%	23.65%	59.50%	3.87%
Basic Shares Outstanding	4,743	4,745	4,759	4,759	4,482
Diluted Shares Outstanding	4,743	4,745	4,759	4,759	4,482
Shares Change (YoY)	-0.04%	-0.30%	-	6.19%	-4.77%
EPS (Basic)	2.49	2.09	1.65	1.33	0.89
EPS (Diluted)	2.49	2.09	1.65	1.33	0.89
EPS Growth	18.84%	26.94%	23.65%	50.20%	9.07%
Dividend Per Share	-	0.781	-	-	-
Effective Tax Rate	15.91%	13.35%	16.10%	22.41%	19.79%

Updated Feb 10, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.