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 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	32,464	32,737	28,967	15,756	4,690	2,626
Interest Income on Investments	39,053	38,911	42,439	12,637	7,431	6,946
Total Interest Income	71,517	71,648	71,406	28,393	12,121	9,572
Interest Paid on Deposits	36,284	37,162	35,153	11,839	4,777	5,481
Interest Paid on Borrowings	9,066	11,160	14,848	6,449	4,463	2,288
Total Interest Expense	45,350	48,322	50,001	18,288	9,240	7,769
Net Interest Income	26,167	23,325	21,405	10,104	2,881	1,803
Net Interest Income Growth (YoY)	21.73%	8.97%	111.84%	250.74%	59.75%	-
Other Non-Interest Income	11,115	10,208	9,601	7,584	7,076	5,497
Total Non-Interest Income	11,115	10,208	9,601	7,584	7,076	5,497
Non-Interest Income Growth (YoY)	7.41%	6.32%	26.59%	7.19%	28.72%	38.68%
Revenues Before Loan Losses	37,282	33,533	31,006	17,688	9,957	7,301
Provision for Loan Losses	2,670	2,410	4,367	826.27	366.16	381.92
Revenue	34,612	31,123	26,639	16,862	9,590	6,919
Revenue Growth (YoY)	23.10%	16.83%	57.98%	75.82%	38.62%	101.39%
Salaries and Employee Benefits	6,168	5,804	4,997	3,947	2,348	1,628
Selling, General & Administrative	11,433	9,951	8,830	5,401	1,763	1,110
Other Non-Interest Expense	2,767	4,101	3,654	1,479	767.65	520.46
Total Non-Interest Expense	19,595	18,836	16,487	8,238	4,714	2,160
EBT Excluding Unusual Items	15,017	12,287	10,152	8,624	4,877	4,759
Legal Settlements	-752.22	-369.9	-330.32	-107.56	-35.83	-19.39
Pretax Income	14,265	11,917	9,822	8,291	4,841	4,739
Income Tax Expense	2,309	1,591	1,581	1,858	958.17	896.66
Earnings From Continuing Operations	11,955	10,326	8,240	6,433	3,883	3,842
Minority Interest in Earnings	-562.56	-401.64	-398.47	-90.63	93.74	-14.15
Net Income	11,393	9,925	7,842	6,342	3,976	3,828
Net Income to Common	11,393	9,925	7,842	6,342	3,976	3,828
Net Income Growth	28.86%	26.56%	23.65%	59.50%	3.87%	62.16%
Basic Shares Outstanding	4,761	4,764	4,759	4,759	4,482	4,706
Diluted Shares Outstanding	4,761	4,764	4,759	4,759	4,482	4,706
Shares Change (YoY)	0.05%	0.10%	-	6.19%	-4.77%	-0.01%
EPS (Basic)	2.39	2.08	1.65	1.33	0.89	0.81
EPS (Diluted)	2.39	2.08	1.65	1.33	0.89	0.81
EPS Growth	28.80%	26.43%	23.65%	50.20%	9.07%	62.17%
Effective Tax Rate	16.19%	13.35%	16.10%	22.41%	19.79%	18.92%

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