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EARNINGS PER SHARE (EPS) - Basic (Details) - BRL (R$) R$ / shares in Units, R$ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021
Basic numerator |  |  |
Net income | R$ 7,501,565 | R$ 11,425,512 | R$ 15,494,111
Common shares |  |  |
Basic numerator |  |  |
Net income | R$ 2,576,016 | R$ 3,922,039 | R$ 5,198,011
Basic denominator |  |  |
Weighted-average outstanding shares, after deducting the average treasury shares | 600,526,442 | 600,526,442 | 571,929,945
Earnings per share (in R$) - Basic | R$ 4.29 | R$ 6.53 | R$ 9.09
Preferred shares |  |  |
Basic numerator |  |  |
Net income | R$ 4,925,549 | R$ 7,503,473 | R$ 10,296,100
Basic denominator |  |  |
Weighted-average outstanding shares, after deducting the average treasury shares | 1,148,255,014 | 1,148,900,801 | 1,132,865,567
Earnings per share (in R$) - Basic | R$ 4.29 | R$ 6.53 | R$ 9.09

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- Definition The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator) divided by the weighted average number of ordinary shares outstanding during the period (the denominator). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 33 -IssueDate 2023-01-01 -Paragraph 66 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=33&code=ifrs-tx-2023-en-r&anchor=para_66&doctype=Standard -URIDate 2023-03-23 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 33 -IssueDate 2023-01-01 -Paragraph 67 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=33&code=ifrs-tx-2023-en-r&anchor=para_67&doctype=Standard -URIDate 2023-03-23 + Details
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- Definition The profit (loss) from continuing and discontinued operations attributable to owners of the parent. [Refer: Profit (loss)] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2023-01-01 -Paragraph 81B -Subparagraph a -Clause ii -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2023-en-r&anchor=para_81B_a_ii&doctype=Standard -URIDate 2023-03-23 + Details
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