Banco do Estado do Rio Grande do Sul S.A. (BVMF:BRSR3)

BVMF:BRSR3 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	20,022	15,910	14,882	12,937	7,402	5,959
Interest Income on Investments	-	-	-	-	-	1,139
Total Interest Income	20,022	15,910	14,882	12,937	7,402	7,099
Interest Paid on Deposits	14,312	10,894	9,859	8,715	3,599	2,491
Interest Paid on Borrowings	-	-	-	-	-	479.29
Total Interest Expense	14,312	10,894	9,859	8,715	3,599	2,970
Net Interest Income	5,710	5,016	5,023	4,222	3,803	4,128
Net Interest Income Growth (YoY)	1.12%	-0.13%	18.96%	11.03%	-7.88%	-21.45%
Gain (Loss) on Sale of Investments	-114.68	274.03	-312.26	-179.56	296.04	-
Gain (Loss) on Sale of Equity Investments	-	-	-	-	-	55.69
Other Non-Interest Income	2,618	2,365	2,034	2,156	1,967	3,538
Total Non-Interest Income	2,504	2,639	1,722	1,976	2,263	3,593
Non-Interest Income Growth (YoY)	34.16%	53.29%	-12.87%	-12.66%	-37.03%	19.98%
Revenues Before Loan Losses	8,214	7,656	6,745	6,199	6,066	7,722
Provision for Loan Losses	836.88	1,194	691.09	466.39	91.29	1,501
Revenue	7,377	6,462	6,054	5,732	5,974	6,220
Revenue Growth (YoY)	14.78%	6.74%	5.61%	-4.05%	-3.95%	-11.85%
Salaries and Employee Benefits	2,647	2,539	2,434	2,219	2,032	2,086
Selling, General & Administrative	1,874	1,838	1,657	1,574	1,494	1,629
Other Non-Interest Expense	735.38	853.09	427.04	477.56	447.68	896
Total Non-Interest Expense	5,163	5,116	4,413	4,190	3,931	4,611
EBT Excluding Unusual Items	2,214	1,346	1,641	1,542	2,044	1,609
Legal Settlements	-606.54	-584.88	-463.27	-661.47	-566.61	-452.76
Pretax Income	1,607	760.95	1,178	760.43	1,477	979.65
Income Tax Expense	336.7	33.16	165.21	-81.82	392.61	251.97
Earnings From Continuing Operations	1,271	727.8	1,012	842.24	1,084	727.68
Minority Interest in Earnings	-0.6	-0.55	-0.98	-0.42	-0.27	-0.2
Net Income	1,270	727.25	1,011	841.82	1,084	727.48
Net Income to Common	1,270	727.25	1,011	841.82	1,084	727.48
Net Income Growth	58.61%	-28.10%	20.15%	-22.36%	49.04%	-45.89%
Basic Shares Outstanding	409	409	409	409	409	409
Diluted Shares Outstanding	409	409	409	409	409	409
Shares Change (YoY)	0.07%	0.11%	-0.11%	-	-	-
EPS (Basic)	3.11	1.78	2.48	2.06	2.65	1.78
EPS (Diluted)	3.11	1.78	2.48	2.06	2.65	1.78
EPS Growth	58.50%	-28.18%	20.29%	-22.36%	49.04%	-45.89%
Dividend Per Share	0.899	0.899	1.064	-	0.935	0.533
Dividend Growth	-15.51%	-15.51%	-	-	75.44%	-78.20%
Effective Tax Rate	20.95%	4.36%	14.03%	-	26.58%	25.72%

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