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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	18,293	15,910	14,882	12,937	7,402	5,959
Interest Income on Investments	-370.36	-	-	-	-	1,139
Total Interest Income	17,923	15,910	14,882	12,937	7,402	7,099
Interest Paid on Deposits	12,729	10,894	9,859	8,715	3,599	2,491
Interest Paid on Borrowings	-	-	-	-	-	479.29
Total Interest Expense	12,729	10,894	9,859	8,715	3,599	2,970
Net Interest Income	5,194	5,016	5,023	4,222	3,803	4,128
Net Interest Income Growth (YoY)	-3.35%	-0.13%	18.96%	11.03%	-7.88%	-21.45%
Gain (Loss) on Sale of Investments	372.57	274.03	-312.26	-179.56	296.04	-
Gain (Loss) on Sale of Equity Investments	-	-	-	-	-	55.69
Other Non-Interest Income	2,237	2,365	2,034	2,156	1,967	3,538
Total Non-Interest Income	2,610	2,639	1,722	1,976	2,263	3,593
Non-Interest Income Growth (YoY)	1329.90%	53.29%	-12.87%	-12.66%	-37.03%	19.98%
Revenues Before Loan Losses	7,804	7,656	6,745	6,199	6,066	7,722
Provision for Loan Losses	1,088	1,194	691.09	466.39	91.29	1,501
Revenue	6,716	6,462	6,054	5,732	5,974	6,220
Revenue Growth (YoY)	27.20%	6.74%	5.61%	-4.05%	-3.95%	-11.85%
Salaries and Employee Benefits	2,555	2,539	2,434	2,219	2,032	2,086
Selling, General & Administrative	1,872	1,838	1,657	1,574	1,494	1,629
Other Non-Interest Expense	817.86	853.09	427.04	477.56	447.68	896
Total Non-Interest Expense	5,086	5,116	4,413	4,190	3,931	4,611
EBT Excluding Unusual Items	1,630	1,346	1,641	1,542	2,044	1,609
Legal Settlements	-574.67	-584.88	-463.27	-661.47	-566.61	-452.76
Pretax Income	1,055	760.95	1,178	760.43	1,477	979.65
Income Tax Expense	125.85	33.16	165.21	-81.82	392.61	251.97
Earnings From Continuing Operations	929.17	727.8	1,012	842.24	1,084	727.68
Minority Interest in Earnings	-0.58	-0.55	-0.98	-0.42	-0.27	-0.2
Net Income	928.59	727.25	1,011	841.82	1,084	727.48
Net Income to Common	928.59	727.25	1,011	841.82	1,084	727.48
Net Income Growth	-4.04%	-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)	0.08%	0.11%	-0.11%	-	-	-
EPS (Basic)	2.27	1.78	2.48	2.06	2.65	1.78
EPS (Diluted)	2.27	1.78	2.48	2.06	2.65	1.78
EPS Growth	-4.12%	-28.18%	20.29%	-22.36%	49.04%	-45.89%
Dividend Per Share	1.083	0.899	1.064	-	0.935	0.533
Dividend Growth	-26.94%	-15.51%	-	-	75.44%	-78.20%
Effective Tax Rate	11.93%	4.36%	14.03%	-	26.58%	25.72%

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