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    Banks - Regional
Banco Alfa de Investimento S.A.

Banco Alfa de Investimento S.A.

BRIV4.SA
Banco Alfa de Investimento S.A.BR flagB3 S.A.
12.54
BRL
- -
- -
1.13BMarket Cap
Banco Alfa de Investimento S.A.
BRIV4.SA
(B3 S.A.)

Recent

price

12.54

P/E

ratio

- -

div

yld

- -

ROIC.AI

2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
TTM
FRC
4
2.89
3.08
2.54
3.53
5.15
4.36
3.49
2.92
2.36
2.13
2.98
3.3
5.16
6.9
- -
5.96
Revenue per Share
1.11
0.71
0.79
0.41
0.51
0.32
0.76
0.91
0.95
0.83
0.63
0.76
0.83
0.83
1.35
- -
0.03
Basic EPS, GAAP
-6.92
-7.27
-16.73
-2.44
8.37
-3.94
2.67
-8.23
4.15
-12.69
5.27
2.99
17.76
3.2
0.69
- -
-29.08
Free Cash Flow per Basic Share
0.3
0.23
0.25
0.19
0.7
0.2
0.19
0.24
0.25
0.25
0.19
0.17
0.26
0.24
0.27
- -
0.32
Dividend per Share
4.23
4.56
4.92
5.21
5.64
6.16
6.08
6.68
7
7.35
7.66
7.87
8.2
8.69
8.99
- -
9.33
Book Value per Share
11.32
11.6
12.69
13.4
12.84
13.21
13.73
14.49
15.24
15.8
16.27
16.77
17.38
18.39
19.65
- -
19.32
Tangible Book Value per Share
90
94
90
90
90
90
90
89
89
89
89
89
89
89
89
- -
89
Basic Weighted Avg Shares
361
271
278
229
318
465
394
310
260
210
188
264
292
457
611
528
528
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
4
1
1
1
1
1
2
2
1
1
2
2
2
2
2
2
2
Depreciation Expense
100
67
71
64
80
68
69
81
84
74
56
67
74
74
120
3
3
Net Income, GAAP
25.82
22.18
30.93
30.05
34.97
38.54
22.92
27.57
26.91
- -
27.67
28.81
22.93
33.43
29.65
- -
25.38
Effective Tax Rate (%)
27.82
24.7
25.7
28.07
25.22
14.58
17.46
26
32.35
35.08
29.73
25.43
25.25
16.18
19.56
0.56
0.56
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
1,794
1,084
4,931
3,492
6,144
10,521
10,137
9,837
9,687
10,182
10,591
9,191
9,656
3,597
4,473
4,032
4,032
LT Debt
1,021
1,089
1,145
1,210
1,159
1,193
1,240
1,288
1,356
1,406
1,443
1,488
1,543
1,630
1,741
1,712
1,712
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
27.98
16.52
16.38
8.08
9.43
5.46
12.45
14.12
13.82
11.53
8.41
9.76
10.36
9.88
15.27
0.36
0.36
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'23
Sep'23
Dec'23
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
89
89
89
Market Capitalization
841
973
927

Working Capital

FRC

•

in mil. unless spec.
Jun'23
Sep'23
Dec'23
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
165
144
16,706
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.7%
3.51%
-1.71%
Free Cash Flow
-526.38%
-798.99%
-4,284.27%
Net Income, GAAP
-1.93%
-1.19%
-97.55%
Sales/Revenue/Turnover
4.51%
25.45%
-13.66%
Total Cash Common Dividend
-11.1%
12.77%
19.9%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
86
111
96
96
457
2022
124
51
295
172
611
2023
127
131
130
140
528

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
0.18
0.28
0.13
- -
0.83
2022
0.15
- -
- -
- -
1.35
2023
0.03
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
0.12
- -
- -
- -
0.24
2022
0.11
- -
- -
- -
0.27
2023
0.21
- -
- -
- -
- -
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Business
Banco Alfa de Investimento S.A. is a Brazilian financial institution headquartered in São Paulo, specializing in credit services, asset management, private banking, corporate finance, and third-party fund administration. The company provides a broad range of financial products including personal credit and overdraft facilities, vehicle financing, aircraft financing, leasing of vehicles and equipment, working capital loans, capital market services, payroll loans, and government financing programs such as FINAME, FINEM, BNDES automatic credit, and EXIM services. As part of the Alfa Conglomerate, Banco Alfa de Investimento serves corporate and high-net-worth individual clients across Brazil. Founded in 1925 and previously known as Banco Real de Investimento S.A. until its rebranding in 1998, the bank combines tradition and modernity, leveraging innovation in delivering financial solutions. Recent key developments include strategic initiatives to enhance sustainability with support from a $265 million financing package from the International Finance Corporation (IFC) to promote clean mobility by financing vehicles with sustainable consumption technologies, including electric and hybrid models. The bank continues to focus on growth through innovation in asset management, treasury operations, and structured credit services while maintaining a strong market position with improved credit momentum and expanding its climate finance and ESG-related services. Banco Alfa's operations extend primarily within Brazil, and it maintains a significant role in Brazil's financial market through its comprehensive financial service offerings and strategic corporate finance activities. The company operates as a subsidiary of Conglomerado Financeiro Alfa S.A. and maintains a commitment to excellence, stability, and client relationship strength in the financial sector. Recent financial performance highlights an increasing market capitalization and favorable credit risk positioning within the Brazilian banking landscape.