Banco do Brasil S.A. BB Brasil

Banco do Brasil S.A. BB Brasil

BBAS11.SA
Banco do Brasil S.A. BB BrasilBR flagB3 S.A.
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BRL
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Banco do Brasil S.A. BB Brasil
BBAS11.SA
(B3 S.A.)

Recent

price

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P/E

ratio

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div

yld

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ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
12.13
12.14
13.17
13.59
13
13.79
16.42
16.08
15.62
15.96
15.39
17.48
21.59
21.98
25.37
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25.77
Revenue per Share
2.08
2.12
2.13
2.81
2.01
2.58
1.44
1.98
2.31
3.24
2.23
3.45
5.45
5.23
4.62
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2.4
Basic EPS, GAAP
-5.42
4.46
0.46
0.46
-3.93
6.18
3.36
-7.91
5.07
9.11
36.03
-8.95
10.18
2.05
21.28
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26.6
Free Cash Flow per Basic Share
0.98
0.41
0.22
0.6
0.17
0.28
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0.34
0.74
1.13
2.07
2.27
2.6
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1.17
Dividend per Share
6.81
10
11.28
13.17
14.4
15.93
16.98
18.36
19.67
21.58
15.78
15.77
15.84
19.41
18.33
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19.8
Book Value per Share
7.48
8.51
8.41
10.79
12.46
12.92
14.08
16.48
17.32
18.33
21.17
24.15
26.8
28.52
30.29
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31.79
Tangible Book Value per Share
5,424
5,723
5,723
5,617
5,601
5,590
5,575
5,570
5,571
5,599
5,705
5,707
5,708
5,708
5,708
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5,709
Basic Weighted Avg Shares
65,809
69,476
75,343
76,337
72,784
77,067
91,539
89,554
87,011
89,363
87,790
99,777
123,248
125,466
144,837
147,120
147,141
Sales/Revenue/Turnover
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Operating Margin (%)
3,965
3,918
4,342
4,252
4,476
4,382
4,459
4,457
3,158
3,036
3,155
2,829
2,833
5,192
5,110
5,978
5,978
Depreciation Expense
11,296
12,126
12,205
15,758
11,246
14,400
8,034
11,011
12,862
18,162
12,697
19,710
31,112
29,861
26,359
13,698
13,698
Net Income, GAAP
31.54
25.21
23
24.17
11.79
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25.38
22.34
23.07
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15.7
19.9
19.4
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Effective Tax Rate (%)
17.16
17.45
16.2
20.64
15.45
18.68
8.78
12.3
14.78
20.32
14.46
19.75
25.24
23.8
18.2
9.31
9.31
Profit Margin (%)
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Working Capital
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127,683
203,381
279,307
332,509
397,292
353,851
321,140
296,335
189,094
190,050
171,946
155,200
142,189
170,142
163,432
163,432
LT Debt
54,419
58,416
61,499
72,225
80,613
81,536
87,194
98,723
102,253
108,565
126,971
144,857
164,029
173,570
184,236
193,567
193,567
Total Equity
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- -
- -
- -
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- -
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Return on Invested Capital (%)
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Return on Capital (%)
37.78
25.75
20.05
22.75
14.55
16.97
8.75
11.18
12.14
15.76
12.05
21.9
34.49
29.68
24.47
12.59
12.59
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
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LT Borrowings
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LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
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- -
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Shares Outstanding
5,708
5,708
5,708
Market Capitalization
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Working Capital

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
- -
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Cash, Cash Equivalents & STI
198,337
195,645
200,866
Accounts Receivable, Net
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Inventories
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Total Current Liabilities
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Payables & Accruals
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ST Debt
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Deferred Revenue
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Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.12%
8.87%
5.06%
Free Cash Flow
38.28%
108.79%
25.05%
Net Income, GAAP
7.01%
9.86%
-48.03%
Sales/Revenue/Turnover
7.07%
11.2%
1.58%
Total Cash Common Dividend
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21.17%
-54.93%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
27,878
32,029
33,387
48,904
125,466
2024
33,826
35,450
34,850
37,607
144,837
2025
36,029
34,678
35,420
41,016
147,120

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
1.44
1.47
1.41
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5.23
2024
1.41
1.52
0.92
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4.62
2025
0.6
0.49
0.39
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Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.58
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0.57
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2.27
2024
0.62
0.66
0.65
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2.6
2025
0.63
0.42
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Business
Banco do Brasil S.A. (BBAS11.SA) operates as a multiple-service commercial bank providing a comprehensive range of financial products and services to retail, corporate, agribusiness, and government clients throughout Brazil and internationally. Core offerings include retail banking such as checking and savings accounts, credit and debit cards, personal and payroll loans, mortgages, and consumer financing; commercial and wholesale banking encompassing working capital loans, trade finance, foreign exchange transactions, and project financing; agribusiness financing through programs like the annual Crop Plan with allocations up to R$230 billion for 2025/2026; investment banking, asset management, brokerage, and wealth management services; insurance, pension plans, capitalization bonds, and consortium administration; as well as digital banking solutions including mobile apps, online payments, bill processing (Boleto), ATM services, and financial education tools like the BB Piggy Bank launched in May 2025. The bank maintains an extensive domestic network covering over 5,000 municipalities with thousands of branches, ATMs, and service outlets, complemented by international operations in more than 20 countries including the United States (Miami, New York, Washington D.C.), Europe (London, Paris, Madrid), Asia (Hong Kong, Singapore, Tokyo), and Latin America (Buenos Aires, Santiago, Montevideo). Founded in 1808 and headquartered in Brasília, Brazil, Banco do Brasil is the oldest bank in continuous operation in the country and ranks as the second-largest banking institution in Brazil and Latin America by assets, with majority ownership by the Brazilian government. It serves diverse customer segments including individuals, small and medium enterprises, large corporations, public sector entities, and exporters, with a strong emphasis on financial inclusion, sustainable financing (R$396.5 billion sustainable loan portfolio as of June 2025), and agribusiness leadership. Recent strategic developments include expanded investments in artificial intelligence, deploying 700 AI models across operations to enhance efficiency as of mid-2025; a US$50 million sustainability-linked trade loan with Citi in 2024 tied to targets like sustainable agribusiness growth and diversity leadership; a $200 million trade loan facility from BBVA in June 2025 to support renewable energy and SME exports; a $700 million trade finance guarantee program launched with MIGA, BBVA, and HSBC in June 2025 targeting clean energy and MSME exports; disbursement of R$85 billion in agribusiness financing for the 2025/26 crop season by December 2025; and launches such as the Worker Credit program (over R$7 billion disbursed since March 2025) and BB Piggy Bank for financial reserves. These initiatives reflect a focus on digital transformation, international trade support, sustainability-linked funding, and portfolio growth, with the expanded loan portfolio reaching R$1.3 trillion in June 2025.