Banco BTG Pactual S.A. (BVMF:BPAC3)

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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	37,029	31,498	32,737	28,967	15,756	4,690
Interest Income on Investments	53,003	36,571	38,911	42,439	12,637	7,431
Total Interest Income	90,031	68,069	71,648	71,406	28,393	12,121
Interest Paid on Deposits	45,118	33,957	37,162	35,153	11,839	4,777
Interest Paid on Borrowings	11,895	8,406	11,160	14,848	6,449	4,463
Total Interest Expense	57,013	42,363	48,322	50,001	18,288	9,240
Net Interest Income	33,018	25,706	23,325	21,405	10,104	2,881
Net Interest Income Growth (YoY)	26.18%	10.21%	8.97%	111.84%	250.74%	59.75%
Gain (Loss) on Sale of Investments	-435.32	-	-	-	-	-
Other Non-Interest Income	12,528	11,869	10,208	9,601	7,584	7,076
Total Non-Interest Income	12,093	11,869	10,208	9,601	7,584	7,076
Non-Interest Income Growth (YoY)	8.79%	16.27%	6.32%	26.59%	7.19%	28.72%
Revenues Before Loan Losses	45,111	37,576	33,533	31,006	17,688	9,957
Provision for Loan Losses	5,021	2,844	2,410	4,367	826.27	366.16
Revenue	40,090	34,731	31,123	26,639	16,862	9,590
Revenue Growth (YoY)	15.83%	11.59%	16.83%	57.98%	75.82%	38.62%
Salaries and Employee Benefits	6,809	5,933	5,272	4,997	3,947	2,348
Selling, General & Administrative	10,808	11,306	9,951	8,830	5,401	1,763
Other Non-Interest Expense	4,731	3,274	4,632	3,654	1,479	767.65
Total Non-Interest Expense	20,985	19,116	18,836	16,487	8,238	4,714
EBT Excluding Unusual Items	19,105	15,615	12,287	10,152	8,624	4,877
Legal Settlements	-582.78	-1,010	-369.9	-330.32	-107.56	-35.83
Pretax Income	18,522	14,605	11,917	9,822	8,291	4,841
Income Tax Expense	3,078	2,324	1,591	1,581	1,858	958.17
Earnings From Continuing Operations	15,444	12,281	10,326	8,240	6,433	3,883
Minority Interest in Earnings	-763.58	-491.93	-401.64	-398.47	-90.63	93.74
Net Income	14,681	11,789	9,925	7,842	6,342	3,976
Net Income to Common	14,681	11,789	9,925	7,842	6,342	3,976
Net Income Growth	28.86%	18.79%	26.56%	23.65%	59.50%	3.87%
Basic Shares Outstanding	4,745	4,743	4,745	4,759	4,759	4,482
Diluted Shares Outstanding	4,745	4,743	4,745	4,759	4,759	4,482
Shares Change (YoY)	-0.33%	-0.04%	-0.30%	-	6.19%	-4.77%
EPS (Basic)	3.09	2.49	2.09	1.65	1.33	0.89
EPS (Diluted)	3.09	2.49	2.09	1.65	1.33	0.89
EPS Growth	29.28%	18.84%	26.94%	23.65%	50.20%	9.07%
Dividend Per Share	0.200	-	0.781	-	-	-
Dividend Growth	-74.38%	-	-	-	-	-
Effective Tax Rate	16.62%	15.91%	13.35%	16.10%	22.41%	19.79%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.