Banco Pine S.A. (BVMF:PINE3)

Banco Pine 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	2,082	1,539	1,145	737.63	454.61	341.05
Interest Income on Investments	1,037	1,037	832.14	570.53	447.07	249.03
Total Interest Income	3,120	2,576	1,977	1,308	901.68	590.07
Interest Paid on Deposits	2,704	1,811	1,788	1,222	817.71	495.98
Interest Paid on Borrowings	172.52	152.62	3.92	7.12	13.73	52.77
Total Interest Expense	2,876	1,964	1,792	1,229	831.44	548.75
Net Interest Income	243.17	612.87	185.06	79.22	70.24	41.32
Net Interest Income Growth (YoY)	-30.98%	231.17%	133.62%	12.77%	69.98%	-
Other Non-Interest Income	684.25	66.15	365.23	183.42	128.97	118.71
Total Non-Interest Income	684.25	66.15	365.23	183.42	128.97	118.71
Non-Interest Income Growth (YoY)	113.90%	-81.89%	99.12%	42.21%	8.64%	20.11%
Revenues Before Loan Losses	927.42	679.02	550.29	262.63	199.22	160.03
Provision for Loan Losses	135.51	76.11	-8.88	34.33	-7.46	-32.04
Revenue	791.91	602.91	559.17	228.31	206.68	192.07
Revenue Growth (YoY)	20.46%	7.82%	144.92%	10.46%	7.60%	-
Salaries and Employee Benefits	166.53	152.73	152.94	125.47	104.47	102.89
Selling, General & Administrative	248.51	213.51	149.48	80.38	84.39	75.73
Other Non-Interest Expense	13.67	-32.73	29.42	19.27	24.92	108.08
Total Non-Interest Expense	406.38	288.58	293.13	157.07	185.2	308.12
EBT Excluding Unusual Items	385.53	314.33	266.03	71.24	21.48	-116.05
Legal Settlements	-12.21	-12.21	-10.04	-2.16	-7.52	-18.34
Pretax Income	373.32	302.12	256	69.08	13.96	-134.39
Income Tax Expense	85.37	43.87	75.12	28.18	8.02	-70.76
Net Income	287.95	258.25	180.88	40.9	5.94	-63.62
Net Income to Common	287.95	258.25	180.88	40.9	5.94	-63.62
Net Income Growth	22.92%	42.77%	342.24%	588.32%	-	-
Basic Shares Outstanding	228	224	183	186	148	148
Diluted Shares Outstanding	228	224	183	186	148	148
Shares Change (YoY)	10.11%	22.26%	-1.92%	25.84%	-	-
EPS (Basic)	1.26	1.16	0.99	0.22	0.04	-0.43
EPS (Diluted)	1.26	1.16	0.99	0.22	0.04	-0.43
EPS Growth	11.63%	16.78%	350.89%	446.99%	-	-
Dividend Per Share	0.330	0.492	0.309	0.062	-	-
Dividend Growth	-10.58%	59.35%	401.59%	-	-	-
Effective Tax Rate	22.87%	14.52%	29.34%	40.79%	57.45%	-

Updated Feb 12, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.