Banco do Brasil S.A. (BDORY)

Banco do Brasil 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	273,853	265,439	236,549	86,960	87,190	82,577
Interest Income on Investments	-5,858	-	-	44,547	30,666	44,021
Total Interest Income	267,995	265,439	236,549	131,507	117,856	126,598
Interest Paid on Deposits	168,665	176,690	162,202	21,116	15,103	25,513
Interest Paid on Borrowings	-190.75	-	-	47,036	51,376	48,113
Total Interest Expense	168,475	176,690	162,202	68,152	66,479	73,627
Net Interest Income	99,520	88,749	74,347	63,355	51,378	52,972
Net Interest Income Growth (YoY)	10.57%	19.37%	17.35%	23.31%	-3.01%	7.73%
Gain (Loss) on Sale of Assets	222.44	222.44	408.09	-	-	-
Gain (Loss) on Sale of Investments	-2,693	53.65	-482.63	-505.46	556.85	1,608
Gain (Loss) on Sale of Equity Investments	7,094	7,094	5,263	-	-	-
Other Non-Interest Income	39,312	35,283	37,961	30,746	32,109	29,848
Total Non-Interest Income	43,935	42,653	43,149	30,241	32,666	31,457
Non-Interest Income Growth (YoY)	15.80%	-1.15%	42.69%	-7.43%	3.85%	-1.37%
Revenues Before Loan Losses	143,456	131,402	117,496	93,595	84,044	84,428
Provision for Loan Losses	32,579	23,149	17,882	17,884	25,561	22,682
Revenue	110,877	108,253	99,614	75,711	58,483	61,746
Revenue Growth (YoY)	10.97%	8.67%	31.57%	29.46%	-5.28%	2.34%
Salaries and Employee Benefits	27,981	26,838	25,392	23,535	21,720	22,773
Occupancy Expenses	2,836	2,836	2,628	-	-	-
Amortization of Goodwill & Intangibles	2,356	2,356	1,346	-	-	-
Selling, General & Administrative	9,144	8,753	7,952	12,848	13,064	12,808
Other Non-Interest Expense	29,870	26,237	23,770	15,710	9,894	9,128
Total Non-Interest Expense	71,837	67,021	61,088	48,602	41,412	37,018
EBT Excluding Unusual Items	39,041	41,232	38,525	27,110	17,071	24,728
Asset Writedown	-39.57	-39.57	-32.96	-959.23	-	-
Legal Settlements	-23.9	-45.18	-38.63	48.86	-4,066	-10,944
Other Unusual Items	83.61	-	-	-442.07	-183.59	-
Pretax Income	39,061	41,147	38,454	25,757	12,821	13,783
Income Tax Expense	4,026	7,982	8,452	4,441	-1,453	-6,861
Earnings From Continuing Operations	35,035	33,166	30,001	21,316	14,274	20,644
Minority Interest in Earnings	-3,464	-3,305	-2,270	-1,606	-1,577	-2,482
Net Income	31,571	29,861	27,731	19,710	12,697	18,162
Preferred Dividends & Other Adjustments	-	-	-	-	185.23	262.72
Net Income to Common	31,571	29,861	27,731	19,710	12,512	17,899
Net Income Growth	-2.20%	7.68%	40.69%	55.23%	-30.09%	41.21%
Basic Shares Outstanding	5,708	5,708	5,708	5,707	5,705	5,599
Diluted Shares Outstanding	5,708	5,708	5,708	5,707	5,705	5,599
Shares Change (YoY)	0.01%	0.01%	0.01%	0.04%	1.90%	0.49%
EPS (Basic)	5.53	5.23	4.86	3.45	2.19	3.20
EPS (Diluted)	5.53	5.23	4.86	3.45	2.19	3.20
EPS Growth	-2.21%	7.67%	40.68%	57.47%	-31.40%	40.82%
Dividend Per Share	2.796	2.283	2.069	1.319	0.736	1.200
Dividend Growth	23.09%	10.34%	56.80%	79.28%	-38.69%	29.50%
Effective Tax Rate	10.31%	19.40%	21.98%	17.24%	-	-

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