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Expected credit losses on financial assets and reconciliation of carrying amount (Tables)
 12 Months Ended
Dec. 31, 2023
Disclosure of fair value measurement of assets [abstract]  
Expected Credit Losses on Financial Assets and Reconciliation of carrying amount
It is presented below the reconciliation of gross carrying amount of financial assets through other comprehensive income and financial assets measured at amortized cost – that have their ECLs (Expected Credit Losses) measured using the three-stage model and the low credit risk simplification.
Stage 1Balance at December 31, 2022Acquisition / (Settlements)Business CombinationTransfer to stage 2Transfer to stage 3Transfer from stage 2Transfer from stage 3Write-OffClosing balance December 31, 2023
Financial assets at fair value through other comprehensive income
Securities 35,150,599 8,543,238 — — — — 43,693,837 
Financial assets amortized cost
Securities9,275,027 (2,413,534)— — — — 6,861,493 
Securities purchased under agreements to resell 7,606,501 7,285,280 — — — — 14,891,781 
Loans and credit card operations21,168,048 5,678,561 1,082,998 (1,800,466)(193,066)518,241 27 (6,975)26,447,368 
Total on-balance exposures73,200,175 19,093,545 1,082,998 (1,800,466)(193,066)518,241 27 (6,975)91,894,479 
Off-balance exposures (credit card limits)4,759,298 3,670,075 201,949 (495,087)(5,526)193,171 17 — 8,323,897 
Total exposures77,959,473 22,763,620 1,284,947 (2,295,553)(198,592)711,412 44 (6,975)100,218,376 
Stage 2Balance at December 31, 2022Acquisition / (Settlements)Business CombinationTransfer to stage 1Transfer to stage 3Transfer from stage 1Transfer from stage 3Write-OffClosing balance December 31, 2023
Financial assets amortized cost
Loans and credit card operations1,073,170 (111,875)2,734 (518,241)(33,238)1,800,466 117 (10,202)2,202,931 
Total on-balance exposures1,073,170 (111,875)2,734 (518,241)(33,238)1,800,466 117 (10,202)2,202,931 
Off-balance exposures (credit card limits)255,539 25,490 308 (193,171)(8)495,087 25 — 583,270 
Total exposures1,328,709 (86,385)3,042 (711,412)(33,246)2,295,553 142 (10,202)2,786,201 
Stage 3Balance at December 31, 2022Acquisition / (Settlements)Business CombinationTransfer to stage 1Transfer to stage 2Transfer from stage 1Transfer from stage 2Write-OffClosing balance December 31, 2023
Financial assets amortized cost
Loans and credit card operations19,319 (11,003)18,004 (27)(117)193,066 33,238 (20,890)231,590 
Total on-balance exposures19,319 (11,003)18,004 (27)(117)193,066 33,238 (20,890)231,590 
Off-balance exposures (credit card limits)— (31)79 (17)(25)5,526 8 — 5,540 
Total exposures19,319 (11,034)18,083 (44)(142)198,592 33,246 (20,890)237,130 
Consolidated StagesBalance at December 31, 2022Purchases / (Settlements)Business CombinationWrite-OffClosing balance December 31, 2023
Financial assets at fair value through other comprehensive income
Securities 35,150,599 8,543,238 — — 43,693,837 
Financial assets amortized cost
Securities9,275,027 (2,413,534)— — 6,861,493 
Securities purchased under agreements to resell 7,606,501 7,285,280 — — 14,891,781 
Loans and credit card operations22,260,537 5,555,684 1,103,736 (38,068)28,881,889 
Total on-balance exposures74,292,664 18,970,668 1,103,736 (38,068)94,329,000 
Off-balance exposures (credit card limits)5,014,837 3,695,534 202,336 — 8,912,707 
Total exposures79,307,501 22,666,202 1,306,072 (38,068)103,241,707 
Stage 1Balance at December 31, 2021Acquisition / (Settlements)Transfer to stage 2Transfer to stage 3Transfer from stage 2Transfer from stage 3Closing balance December 31, 2022
Financial assets at fair value through other comprehensive income
Securities 32,339,904 2,810,695 — — — — 35,150,599 
Financial assets amortized cost
Securities2,241,304 7,033,723 — — — — 9,275,027 
Securities purchased under agreements to resell 8,897,100 (1,290,599)— — — — 7,606,501 
Loans and credit card operations12,153,549 9,522,224 (945,055)(12,373)449,698 5 21,168,048 
Total on-balance exposures55,631,857 18,076,043 (945,055)(12,373)449,698 5 73,200,175 
Off-balance exposures (credit card limits)1,307,986 3,639,893 (241,705)— 53,124 — 4,759,298 
Total exposures56,939,843 21,715,936 (1,186,760)(12,373)502,822 5 77,959,473 
Stage 2Balance at December 31, 2021Acquisition / (Settlements)Transfer to stage 1Transfer to stage 3Transfer from stage 1Transfer from stage 3Closing balance December 31, 2022
Financial assets amortized cost
Loans and credit card operations686,994 (102,544)(449,698)(6,642)945,055 5 1,073,170 
Total on-balance exposures686,994 (102,544)(449,698)(6,642)945,055 5 1,073,170 
Off-balance exposures (credit card limits)59,408 7,548 (53,125)— 241,705 3 255,539 
Total exposures746,402 (94,996)(502,823)(6,642)1,186,760 8 1,328,709 
Stage 3Balance at December 31, 2021Acquisition / (Settlements)Transfer to stage 1Transfer to stage 2Transfer from stage 1Transfer from stage 2Closing balance December 31, 2022
Financial assets amortized cost
Loans and credit card operations3,494 (3,180)(5)(5)12,373 6,642 19,319 
Total on-balance exposures3,494 (3,180)(5)(5)12,373 6,642 19,319 
Off-balance exposures (credit card limits)5 (2)— (3)— — — 
Total exposures3,499 (3,182)(5)(8)12,373 6,642 19,319 
Consolidated StagesBalance at December 31, 2021Purchases / (Settlements)Closing balance December 31, 2022
Financial assets at fair value through other comprehensive income
Securities 32,339,904 2,810,695 35,150,599 
Financial assets amortized cost
Securities2,241,304 7,033,723 9,275,027 
Securities purchased under agreements to resell 8,897,100 (1,290,599)7,606,501 
Loans and credit card operations12,844,037 9,416,500 22,260,537 
Total on-balance exposures56,322,345 17,970,319 74,292,664 
Off-balance exposures (credit card limits)1,367,399 3,647,438 5,014,837 
Total exposures57,689,744 21,617,757 79,307,501 
The following table presents the gross carrying amount of financial assets measured at amortized cost, which that have their ECLs measured using the simplified approach:
Operations20232022
Financial assets amortized cost
Securities trading and intermediation3,047,011 3,376,179 
Accounts Receivable745,097 632,673 
Other financial assets (i)
4,263,947 3,568,298 
Total8,056,055 7,577,150 
(i)During the year ended December 31, 2023, there was R$ 1,101 of other financial assets write-off.
b)    Expected credit loss
The table below presents the changes in ECLs, measured according to the three stage model, for assets classified as Financial assets through other comprehensive income and Financial assets measured at amortized cost in the period ended December 31, 2023 and December 31, 2022, segregated by stages:
Stage 1Balance at December 31, 2022Acquisition / (Settlements)Business CombinationTransfer to stage 2Transfer to stage 3Transfer from stage 2Transfer from stage 3Write-OffClosing balance December 31, 2023
Financial assets at fair value through other comprehensive income
Securities 8,077 4,122 ————— — 12,199 
Financial assets amortized cost
Securities 2,924 3,148 ————— — 6,072 
Securities purchased under agreements to resell 2,681 122 ————— — 2,803 
Loans and credit card operations21,312 223,234 27,499(63,095)(148,305)1,1731 (6,975)54,844 
Total on-balance exposures34,994 230,626 27,499(63,095)(148,305)1,1731 (6,975)75,918 
Off-balance exposures (credit card limits)4,800 8,064 4,303(5,427)(3,765)187— — 8,162 
Other off-balance exposures15,214 — ——(15,214)—— — — 
Total exposures55,008 238,690 31,802(68,522)(167,284)1,3601 (6,975)84,080 
Stage 2Balance at December 31, 2022Acquisition / (Settlements)Business CombinationTransfer to stage 1Transfer to stage 3Transfer from stage 1Transfer from stage 3Write-OffClosing balance December 31, 2023
Financial assets amortized cost
Loans and credit card operations7,656 43,159 807 (1,173)(28,663)63,09517(10,202)74,696 
Total on-balance exposures7,656 43,159 807 (1,173)(28,663)63,09517(10,202)74,696 
Off-balance exposures (credit card limits)1,428 (467)3 (187)(1)5,427—— 6,203 
Total exposures9,084 42,692 810 (1,360)(28,664)68,52217(10,202)80,899 
Stage 3Balance at December 31, 2022Acquisition / (Settlements)Business CombinationTransfer to stage 1Transfer to stage 3Transfer from stage 1Transfer from stage 3Write-OffClosing balance December 31, 2023
Financial assets amortized cost
Loans and credit card operations14,181 (3,226)15,268 (1)(17)148,30428,663(20,891)182,281 
Total on-balance exposures14,181 (3,226)15,268 (1)(17)148,30428,663(20,891)182,281 
Off-balance exposures (credit card limits)— (18)18 ——3,7661— 3,767 
Other off-balance exposures— 38,891 — ——15,214—(54,105)— 
Total exposures14,181 35,647 15,286 (1)(17)167,28428,664(74,996)186,048 
Consolidated StagesBalance at December 31, 2022Increase / (Reversal)Business CombinationWrite-OffClosing balance December 31, 2023
Financial assets at fair value through other comprehensive income
Securities 8,077 4,122 — — 12,199 
Financial assets amortized cost
Securities 2,924 3,148 — — 6,072 
Securities purchased under agreements to resell2,681 122 — — 2,803 
Loans and credit card operations43,149 263,168 43,573 (38,068)311,822 
Total on-balance exposures56,831 270,560 43,573 (38,068)332,896 
Off-balance exposures (credit card limits)6,228 7,579 4,325 — 18,132 
Other off-balance exposures15,214 38,890 — (54,104)— 
Total exposures78,273 317,029 47,898 (92,172)351,028 
Stage 1ECL at December 31, 2021Increase / (Reversal)Transfer to stage 2Transfer to stage 3Transfer from stage 2Transfer from stage 3ECL at December 31, 2022
Financial assets at fair value through other comprehensive income
Securities7,527 550 ————8,077 
Financial assets amortized cost
Securities2,497 427 ————2,924 
Securities purchased under agreements to resell2,569 112 ————2,681 
Loans and credit card operations13,957 21,827 (6,940)(8,624)1,092—21,312 
Total on-balance exposures26,550 22,916 (6,940)(8,624)1,092—34,994 
Off-balance exposures (credit card limits)726 5,413 (1,394)—55—4,800 
Other off-balance exposures— 15,214 ————15,214 
Total exposures27,276 43,543 (8,334)(8,624)1,147—55,008 
Stage 2ECL at December 31, 2021Increase / (Reversal)Transfer to stage 1Transfer to stage 3Transfer from stage 1Transfer from stage 3ECL at December 31, 2022
Financial assets amortized cost
Loans and credit card operations7,242 (127)(1,091)(5,308)6,940 — 7,656 
Total on-balance exposures7,242 (127)(1,091)(5,308)6,940 — 7,656 
Off-balance exposures (credit card limits)288 (198)(56)— 1,394 — 1,428 
Total exposures7,530 (325)(1,147)(5,308)8,334 — 9,084 
Stage 3ECL at December 31, 2021Increase / (Reversal)Transfer to stage 1Transfer to stage 3Transfer from stage 1Transfer from stage 3ECL at December 31, 2022
Financial assets amortized cost
Loans and credit card operations2,197 (1,948)——8,6245,30814,181 
Total on-balance exposures2,197 (1,948)——8,6245,30814,181 
Total exposures2,197 (1,948)——8,6245,30814,181 
Consolidated StagesECL at December 31, 2021Increase / (Reversal)ECL at December 31, 2022
Financial assets at fair value through other comprehensive income
Securities7,527 550 8,077 
Financial assets amortized cost
Securities2,497 427 2,924 
Securities purchased under agreements to resell2,569 112 2,681 
Loans and credit card operations23,396 19,753 43,149 
Total on-balance exposures35,989 20,842 56,831 
Off-balance exposures (credit card limits)1,014 5,214 6,228 
Other off-balance exposures— 15,214 15,214 
Total exposures37,003 41,270 78,273 
The table below presents the ECLs for the financial assets measured according to simplified approach in the period ended December 31, 2023 and December 31, 2022:
Expected Credit Losses20232022
Financial assets amortized cost
Securities trading and intermediation114,692 105,179 
Accounts Receivable63,907 34,786 
Other financial assets55,204 51,109 
Total233,803 191,074 
c)    Expected credit losses segregated by products
The table below presents the expected credit losses for 2023 and 2022, segregated by products:
Expected Credit Losses20232022
Financial assets at fair value through other comprehensive income12,199 8,077 
Securities12,199 8,077 
Financial assets amortized cost554,501 239,828 
Securities6,072 2,924 
Securities purchased under agreements to resell2,803 2,681 
Loans and credit card operations311,823 43,149 
Securities trading and intermediation114,692 105,179 
Accounts Receivable63,907 34,786 
Other financial assets55,204 51,109 
Total losses for exposures566,700 247,905 
Off-balance exposures (credit card limits)18,131 6,228 
Other off-balance exposures— 15,214 
Total exposures584,831 269,347