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Consolidated Statements of Income - BRL (R$)
R$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Profit or loss [abstract]      
Interest and similar income R$ 211,733,717 R$ 211,458,474 R$ 200,613,185
Interest and similar expenses (144,279,153) (156,376,055) (130,801,913)
Net interest income 67,454,564 55,082,419 69,811,272
Fee and commission income 28,336,487 26,956,763 27,124,120
Net gains/(losses) on financial assets and liabilities at fair value through profit or loss (2,249,836) 10,895,796 819,355
Net gains on financial assets at fair value through other comprehensive income 1,031,353 1,841,022 2,663,816
Net gains on foreign currency transactions 2,704,502 262,501 1,816,918
Gross profit from insurance and pension plans 8,942,260 5,235,711 4,032,326
- Insurance and pension income 59,253,004 51,252,827 44,245,342
- Insurance and pension expenses (50,310,744) (46,017,116) (40,213,016)
Other operating income 10,428,279 18,235,030 9,332,415
Expected loss on loans and advances (26,636,777) (30,176,989) (26,346,068)
Expected loss on other financial assets (889,156) (1,940,035) 2,579,233
Personnel expenses (22,277,310) (20,814,458) (19,889,052)
Other administrative expenses (16,582,966) (16,286,260) (16,574,610)
Depreciation and amortization (6,371,096) (6,025,244) (5,306,442)
Other operating income/(expenses) (18,093,096) (16,924,556) (17,465,184)
Other operating expense (90,850,401) (92,167,542) (83,002,123)
Income before income taxes and share of profit of associates and joint ventures 15,368,929 8,106,670 23,265,684
Share of profit of associates and joint ventures 1,531,585 2,101,681 1,355,926
Income before income taxes 16,900,514 10,208,351 24,621,610
Income tax benefit / (expense) 641,639 4,294,414 (3,164,840)
Net income 17,542,153 14,502,765 21,456,770
Attributable to shareholders:      
Shareholders of the parent 17,252,900 14,251,329 21,223,264
Non-controlling interests R$ 289,253 R$ 251,436 R$ 233,506
Basic and diluted earnings per share based on the weighted average number of shares outstanding (expressed in R$ per share):      
– Earnings per common share R$ 1.55 R$ 1.27 R$ 1.89
– Earnings per preferred share R$ 1.71 R$ 1.41 R$ 2.09