Earnings PotentialThe cash sweep strategy could significantly benefit the company's earnings before taxes, potentially lifting adjusted EBT by R$13 million for every R$1 billion net movement from demand deposits to time deposits.
Financial PerformanceManagement remains committed to deliver on its non-GAAP net income guidance, which implies a compound annual growth rate of 25%, and this potential is underappreciated by the market.
Financial StrategyThe company's increased utilization of its SCFI license allows it to offer 'time deposits' to customers, which is seen as a long-term positive change.