Banco do Brasil S.A. Reports Decline in Net Income

Banco do Brasil S.A. ( (BDORY) ) has released its Q3 earnings. Here is a breakdown of the information Banco do Brasil S.A. presented to its investors.

Banco do Brasil S.A. is a leading financial institution in Brazil, primarily engaged in providing a wide range of banking services, including credit operations, asset management, and insurance, with a strong presence in the agribusiness sector.

In its latest earnings report, Banco do Brasil S.A. reported an adjusted net income of R$ 14.9 billion for the first nine months of 2025, marking a 47.2% decrease compared to the same period in 2024. The bank’s performance was influenced by various factors, including changes in financial revenues and expenses, as well as adjustments in credit costs and fee income.

Key financial metrics highlighted in the report include a net interest income of R$ 75.3 billion for the nine-month period, with a quarterly increase in financial revenues offsetting higher financial expenses. The cost of credit rose significantly by 66.4% year-over-year, reaching R$ 44.0 billion, driven by increased delinquency rates, particularly in the agricultural portfolio. Fee income totaled R$ 26.0 billion, supported by positive performance in asset management and insurance-related fees.

The bank’s administrative expenses increased by 5.4% year-over-year, reflecting salary adjustments and continued investments in technology and cybersecurity. The expanded credit portfolio showed a 7.5% growth over the past year, with notable increases in credit lines for individuals and companies. However, delinquency indicators rose, with the 90-day delinquency rate reaching 4.93% by the end of September 2025.

Looking ahead, Banco do Brasil S.A. remains focused on its strategic initiatives, aiming to balance growth with risk management. The management continues to monitor market conditions and adjust its strategies to maintain financial stability and support its diverse client base.