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 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	32,081	32,737	28,967	15,756	4,690	2,626
Interest Income on Investments	37,632	38,911	42,439	12,637	7,431	6,946
Total Interest Income	69,713	71,648	71,406	28,393	12,121	9,572
Interest Paid on Deposits	34,786	37,162	35,153	11,839	4,777	5,481
Interest Paid on Borrowings	10,622	11,160	14,848	6,449	4,463	2,288
Total Interest Expense	45,409	48,322	50,001	18,288	9,240	7,769
Net Interest Income	24,304	23,325	21,405	10,104	2,881	1,803
Net Interest Income Growth (YoY)	12.66%	8.97%	111.84%	250.74%	59.75%	-
Other Non-Interest Income	11,495	10,208	9,601	7,584	7,076	5,497
Total Non-Interest Income	11,495	10,208	9,601	7,584	7,076	5,497
Non-Interest Income Growth (YoY)	14.87%	6.32%	26.59%	7.19%	28.72%	38.68%
Revenues Before Loan Losses	35,800	33,533	31,006	17,688	9,957	7,301
Provision for Loan Losses	3,271	2,410	4,367	826.27	366.16	381.92
Revenue	32,529	31,123	26,639	16,862	9,590	6,919
Revenue Growth (YoY)	17.22%	16.83%	57.98%	75.82%	38.62%	101.39%
Salaries and Employee Benefits	6,083	5,804	4,997	3,947	2,348	1,628
Selling, General & Administrative	10,933	9,951	8,830	5,401	1,763	1,110
Other Non-Interest Expense	2,298	4,101	3,654	1,479	767.65	520.46
Total Non-Interest Expense	18,637	18,836	16,487	8,238	4,714	2,160
EBT Excluding Unusual Items	13,891	12,287	10,152	8,624	4,877	4,759
Legal Settlements	-538.21	-369.9	-330.32	-107.56	-35.83	-19.39
Pretax Income	13,353	11,917	9,822	8,291	4,841	4,739
Income Tax Expense	2,111	1,591	1,581	1,858	958.17	896.66
Earnings From Continuing Operations	11,242	10,326	8,240	6,433	3,883	3,842
Minority Interest in Earnings	-294.98	-401.64	-398.47	-90.63	93.74	-14.15
Net Income	10,947	9,925	7,842	6,342	3,976	3,828
Net Income to Common	10,947	9,925	7,842	6,342	3,976	3,828
Net Income Growth	30.22%	26.56%	23.65%	59.50%	3.87%	62.16%
Basic Shares Outstanding	4,771	4,764	4,759	4,759	4,482	4,706
Diluted Shares Outstanding	4,771	4,764	4,759	4,759	4,482	4,706
Shares Change (YoY)	0.48%	0.10%	-	6.19%	-4.77%	86.40%
EPS (Basic)	2.29	2.08	1.65	1.33	0.89	0.81
EPS (Diluted)	2.29	2.08	1.65	1.33	0.89	0.81
EPS Growth	29.60%	26.43%	23.65%	50.20%	9.07%	-13.00%
Effective Tax Rate	15.81%	13.35%	16.10%	22.41%	19.79%	18.92%

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