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    Regional banks
Banco do Estado de Sergipe SA - Banese

Banco do Estado de Sergipe SA - Banese

49.46
BRL
+0.72
(+1.48%)
8.38EPS
108.50P/E
1.21BMarket Cap
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
32.21
32.84
33.74
41.48
46.88
45.75
52.3
56.15
53.49
55.37
50.87
52.41
55.1
57.67
Basic EPS, GAAP
3.71
0.44
1.73
4.16
5.44
3.97
5.31
3.11
5.07
4.59
0.18
9.39
-0.33
0.48
Free Cash Flow per Basic Share
14.63
6.91
-1.17
18.68
-11.61
20.36
-9.38
8.28
-23.6
26.19
16.44
70.1
55.59
-20.13
Dividend per Share
1.58
0.13
- -
0.03
1.81
0.24
0.01
0.17
- -
- -
- -
- -
- -
- -
Book Value per Share
17.69
17.64
18.27
21.17
22.85
25.69
27.46
30.71
35.53
37.7
33.75
39.96
42.96
43.83
Tangible Book Value per Share
15.93
15.94
16.69
19.71
21.59
24.66
26.54
29.74
33.92
34.56
30.54
36.16
38.51
39.49
Basic Weighted Avg Shares
16
16
16
16
16
16
16
16
17
16
18
20
22
22
Sales/Revenue/Turnover
507
517
531
653
738
720
823
883
883
911
933
1,052
1,205
1,279
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
18
19
18
18
20
19
19
20
19
18
25
29
32
36
Net Income, GAAP
58
7
27
66
86
63
84
49
84
76
3
188
-7
11
Effective Tax Rate (%)
23.31
- -
28.01
32.82
38.6
48.44
25.42
26.57
34.52
- -
- -
27.76
25.41
21.67
Profit Margin (%)
11.51
1.35
5.11
10.04
11.61
8.69
10.16
5.54
9.48
8.29
0.35
17.91
-0.59
0.84
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
245
214
326
327
346
349
289
329
336
279
207
219
586
644
Total Equity
296
248
289
338
380
433
473
531
607
635
645
839
966
1,029
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
11.67
- -
3.62
6.11
10.13
7.11
9.27
4.55
8.89
- -
- -
19.78
-12.16
- -
Return on Common Equity (%)
21.72
2.5
9.57
21.03
24.63
16.31
19.91
10.64
16
13.05
0.54
26.51
-0.82
- -

Capital Structure

BRL

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
22
22
23
Market Capitalization
830
1,341
1,210

Working Capital

BRL

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
1,422
1,434
1,787
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

BRL

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.07%
13.15%
15.18%
Free Cash Flow
-275.41%
-57.38%
-13.59%
Net Income, GAAP
569.63%
1,111.82%
-103.81%
Sales/Revenue/Turnover
8.81%
6.57%
14.57%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
275
271
264
263
1,052
2025
275
280
329
326
1,205
2026
296
328
- -
- -
- -

Quarterly Earnings Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.96
3.01
1.76
4.09
9.39
2025
1.09
- -
2.15
-4.53
-0.33
2026
1.4
1.39
- -
- -
- -

Quarterly Dividends Per Share

BRL

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
Marco Antônio Queiroz
Full Time Employees
966
Sector
Finance
Industry
Regional banks
Address
Rua Olímpio de Souza Campos Júnior, 31 Aracaju SE Brazil 49040-840
IPO Date
Jul 7, 1993
Website
banese.com.br
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Business
Banco do Estado de Sergipe S.A. Banco do Estado de Sergipe S.A. (Banese) operates as a multiple-service commercial bank primarily serving the state of Sergipe in Brazil; it offers a comprehensive range of retail and corporate banking products and services, including current, savings, and payroll accounts; personal, real estate, working capital, and development loans; debit and credit cards; insurance policies through subsidiaries; investment products such as CBD/RDB certificates of deposit and portfolio management; payroll deduction financing; digital banking channels; and payment services via internet and correspondent networks. Founded in 1961 as Banco de Fomento Econômico do Estado de Sergipe and renamed Banco do Estado de Sergipe S.A. in 1967, the bank is headquartered in Aracaju, Sergipe, with a network of 63 branches, 7 service posts, and 445 ATMs covering all 75 municipalities in the state; it maintains subsidiaries including SEAC for cards and services, Banese Corretora e Administradora de Seguros for insurance brokerage, SERGUS for pension funds, and recently formed Mulvi Instituição de Pagamentos S.A. for payment services, forming an economic conglomerate controlled by the State of Sergipe government. In recent developments, Banese registered a new subsidiary and entered a strategic partnership agreement related to loteria operations in late 2024, while advancing digital financial inclusion to reach over 1 million clients in the Banese conglomerate as of mid-2025 and conducting a debt negotiation mutirão with Febraban through November 2025.