B3 SA - Brasil, Bolsa, Balcao

B3 SA - Brasil, Bolsa, Balcao

23.02
BRL
-0.49
(-2.08%)
1.05EPS
13.79P/E
72.63BMarket Cap
Nov 12Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.37
0.37
0.41
0.43
0.62
0.79
0.96
1.32
1.49
1.53
1.56
1.73
1.95
2.13
Basic EPS, GAAP
0.19
0.18
0.41
0.27
0.22
0.34
0.44
0.68
0.78
0.71
0.72
0.84
0.89
1.05
Free Cash Flow per Basic Share
0.27
0.3
0.14
-1.36
1.85
0.55
0.48
0.38
0.47
1.63
0.62
1.66
0.79
1.12
Dividend per Share
0.19
0.13
0.27
0.11
0.13
0.25
0.34
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
3.39
3.5
3.43
3.56
3.97
4.08
4.14
4.02
3.69
3.5
3.61
3.49
3.46
3.74
Tangible Book Value per Share
0.46
0.41
0.59
0.7
-0.59
-0.34
-0.18
-0.19
-0.7
-0.95
-1.02
-1.38
-1.61
-1.37
Basic Weighted Avg Shares
5,756
5,512
5,376
5,361
5,937
6,129
6,140
6,129
6,082
5,921
5,701
5,462
5,176
5,059
Sales/Revenue/Turnover
2,127
2,030
2,217
2,321
3,674
4,832
5,904
8,104
9,064
9,087
8,917
9,429
10,067
10,775
Operating Margin (%)
62.81
60.51
61.28
47.78
48.34
49.15
54.25
70.07
69.21
60.46
57.87
64.11
64.95
65.14
Depreciation Expense
120
119
111
98
716
953
1,030
1,041
1,057
1,056
1,090
572
387
384
Net Income, GAAP
1,082
977
2,202
1,446
1,296
2,087
2,714
4,152
4,717
4,226
4,132
4,577
4,586
5,330
Effective Tax Rate (%)
35.94
40.14
21.51
- -
17.81
10.69
18.74
24.75
27.61
27
25.65
25.27
33.96
30.34
Profit Margin (%)
50.86
48.12
99.35
62.32
35.29
43.2
45.97
51.24
52.04
46.51
46.34
48.54
45.55
49.46
Working Capital
1,609
893
6,577
7,955
1,051
1,705
2,414
7,408
8,121
7,808
6,675
6,013
8,420
9,106
LT Debt
1,426
1,619
2,384
5,013
4,019
2,732
1,827
6,980
10,994
11,551
9,759
11,281
14,074
12,310
Total Equity
19,299
18,988
18,352
19,076
24,310
25,044
25,401
24,521
22,419
20,283
20,286
18,383
17,464
18,729
Return on Invested Capital (%)
4.08
3.51
1.55
- -
4.27
6.98
8.61
13.24
12.74
11.04
10.82
12.96
13.13
14.29
Return on Capital (%)
5.45
4.95
11.03
- -
6.15
8.05
9.9
13.93
14.85
14.94
14.95
16.55
17.58
20.48
Return on Common Equity (%)
5.59
5.11
11.8
7.73
5.98
8.46
10.77
16.64
20.11
19.8
20.38
23.69
25.61
27.73

Capital Structure

BRL

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,315
1,696
3,150
LT Borrowings
14,074
13,880
12,310
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5,035
5,011
4,998
Market Capitalization
69,930
92,198
72,625

Working Capital

BRL

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
17,712
17,946
19,048
Cash, Cash Equivalents & STI
15,529
15,578
16,471
Accounts Receivable, Net
618
669
659
Inventories
- -
- -
- -
Total Current Liabilities
9,292
8,571
9,942
Payables & Accruals
- -
- -
- -
ST Debt
1,315
1,696
3,150
Deferred Revenue
- -
- -
- -

Growth Rates

BRL

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.01%
-6.49%
-5%
Free Cash Flow
-113.76%
60.43%
-55.01%
Net Income, GAAP
11.13%
2.38%
0.2%
Sales/Revenue/Turnover
17.67%
4.55%
6.77%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,207
2,410
2,437
2,375
9,429
2025
2,388
2,542
2,486
2,652
10,067
2026
2,872
2,766
- -
- -
- -

Quarterly Earnings Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.17
0.22
0.22
0.22
0.84
2025
0.21
0.25
0.24
0.18
0.89
2026
0.29
0.34
- -
- -
- -

Quarterly Dividends Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Christian George Egan
Full Time Employees
2,889
Sector
Finance
Industry
Investment managers
Address
PraCa Antonio Prado, 48 São Paulo SP Brazil 18970-020
IPO Date
Oct 1, 2007
Website
b3.com.br
Business
B3 S.A. - Brasil, Bolsa, Balcão B3 S.A. - Brasil, Bolsa, Balcão operates as the primary financial market infrastructure provider in Brazil, offering trading, clearing, settlement, central depository, and registration services across exchange-listed and over-the-counter markets; it facilitates transactions in equities, equity derivatives, interest rate products, currencies, commodities including agricultural products, fixed income securities, structured transactions, and corporate debt instruments. The company maintains a vertically integrated model as a central counterparty guarantor and provides specialized infrastructure for vehicle and real estate financing, including electronic systems for credit analysis, contract registration, encumbrance annotations, property appraisals, and insurance policy registration; its Technology, Data, and Services segment delivers data analytics, software solutions, and index licensing to support market participants. Founded through the 2008 merger of BM&FBOVESPA and the 2017 integration of Cetip with roots tracing to 1890, B3 S.A. - Brasil, Bolsa, Balcão is headquartered in São Paulo, Brazil, with additional offices in Rio de Janeiro, London, and Shanghai, primarily serving domestic financial institutions, issuers, and investors while generating global recognition in stock exchange operations. Recent developments include the December 2021 acquisition of Neoway to bolster data capabilities and the third-quarter 2025 purchases of 62% of Shipay for payment enhancements and 60% of Central de Registro de Direitos Creditórios (CRDC) to expand credit registry services, alongside ongoing revenue growth from fixed income and technology segments amid digital infrastructure investments.

Company News

  • B3 S.A. Got An Antitrust Warning Because Of The Strength Of Its Moat (Rating Downgrade)

  • B3 S.A. - Brasil, Bolsa, Balcão (BOLSY) Q2 2026 Earnings Call Transcript

  • B3 Showed What It Can Produce When Brazil Wakes Up

  • B3 S.A. - Brasil, Bolsa, Balcão (BOLSY) Q1 2026 Earnings Call Transcript

  • B3: The Brazilian Macro Tailwind May Not Be Fully Priced In

  • B3 S.A. - Brasil, Bolsa, Balcão (BOLSY) Q4 2025 Earnings Call Transcript

  • B3'S Q3 Was Pressured By Derivatives, But The Name Remains Resilient

  • B3 S.A. - Brasil, Bolsa, Balcão (BOLSY) Q3 2025 Earnings Call Transcript

  • B3 Is Not Growing During The Most Challenging Part Of The Cycle, But Remains A Buy

  • B3 S.A. - Brasil, Bolsa, Balcão (BOLSY) Q2 2025 Earnings Call Transcript

  • B3 Has A High Price But It's Justified By Its Infrastructural Position In Brazilian Markets

  • B3 S.A. - Brasil, Bolsa, Balcão (BOLSY) Q1 2025 Earnings Call Transcript

  • B3 S.A. - Brasil, Bolsa, Balcão (BOLSY) Q4 2024 Earnings Call Transcript

  • B3 SA Brasil Bolsa Balcao (BOLSY) Q3 2024 Earnings Call Transcript

  • B3 SA Brasil Bolsa Balcao (BOLSY) Q1 2024 Earnings Call Transcript

  • B3: Strong Balance Sheet And Macroeconomic Tailwind - Buy

  • B3 SA Brasil Bolsa Balcao (BOLSY) Q4 2023 Earnings Call Transcript

  • B3 - Brasil, Bolsa, Balcão: More Reasons To Buy After Q2 Earnings

  • B3 - Brasil, Bolsa, Balcao: A Good Defensive Stock Choice For The Long-Term

  • Brazil stock exchange operator B3's profit rises 6% in Q4