Banco do Brasil’s adjusted net income for the third quarter of 2025 was R$3.8 billion, a 60% decrease compared to the same period last year. This data was released by the bank this Wednesday (12/11).
The achieved quarterly results were within the expectations of market analysts.
In the first nine months of this year, BB made a profit of R$14.943 billion, a decrease of 47.2% compared to the same period in 2024. Throughout last year, the bank made a record profit of 37.9 billion reais.
Forecast review
The full-year results have been revised in light of the decline in profitability up to September. The balance sheet results for the second quarter of 2025 show an outlook for annual net income of between 21 billion reais and 25 billion reais.
Now, on the third quarter balance sheet, the net profit forecast has been lowered to a result between 18 billion reais and 21 billion reais.
In the balance sheet, an increase in credit costs is pointed out as one of the reasons for the decline in net income. Default is also seen as one of the factors that will negatively impact Banco do Brasil’s partial results in 2025.
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Regarding defaults, the balance sheet summary itself also highlights the occurrence of defaults in agribusiness portfolios and in “certain cases” of large companies.
BB’s expanded credit portfolio is R$1,278.6 billion. The value of each portfolio type is R$350.5 billion for individuals. 453 billion reais for corporate customers. R$398.8 billion belongs to the agricultural portfolio.
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