Banco do Estado do Rio Grande do Sul S.A

BRSR3 · SA · Financial Services / Banks - Regional

17.20BRL+0.33 (+1.96%)

Price History

Full chart

Market Stats

Previous Close16.87

Open16.82

Day Range16.81 – 17.20

52-Week Range12.67 – 19.54

Volume4.30K

Market Cap7.46B

P/E (TTM)4.55

Forward P/E3.88

EPS4.01

Dividend Yield4.83%

Beta0.16

50-Day Avg17.69

200-Day Avg18.03

About

Banco do Estado do Rio Grande do Sul S.A., a multiple-service bank, provides a range of banking products and services primarily in Brazil. The company engages in the retail banking, lending, financing and investment, mortgage loan, development, lease portfolio, and foreign exchange activities. It also provides securities brokerage, consortium groups, payment industry solutions, insurance, and pension plan and saving bonds products. Banco do Estado do Rio Grande do Sul S.A. was incorporated in 1928 and is headquartered in Porto Alegre, Brazil.

Company Details

SectorFinancial Services
IndustryBanks - Regional
CEOMr. Fernando Guerreiro De Lemos
Employees9.44K
HeadquartersRua Capitão Montanha, 177, Porto Alegre, RS, Brazil, 90010-040, Brazil
Websitehttps://www.banrisul.com.br

Leadership

Mr. Fernando Guerreiro De LemosVice Chairman, CEO & Chairman of the Executive Board · b. 1959
Mr. Luiz Gonzaga Veras MotaDeputy CEO, Director of Finance and Investor Relations, Vice President of Executive Board & Director · b. 1958
Mr. Irany de Oliveira Sant'Anna Jr., JuniorMember of Executive Board · b. 1960
Mr. Fernando PostalDistribution & Retail Commercial Officer, Executive Officer and Member of the Executive Board · b. 1962
Ms. Marcia Adriana CelestinoDirector & Member of Management Board · b. 1971
Mr. Ivanor Antonio DurantiMember of Executive Board · b. 1964
Ms. Elizabete Rejane Sodre TavaresMember of Executive Board · b. 1969
Mr. Carlos Aluisio Vaz MalafaiaMember of Executive Board · b. 1957
Mr. Kalil Sehbe NetoMember of Management Board · b. 1961
Mr. Robson Oliveira SantosMember of Executive Board

Financials

Income Statement

Currency: BRL	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: BRL	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	2.11B	2.58B	2.77B	2.21B	2.45B	2.84B	3.25B	4.17B	4.70B	4.82B	5.42B	6.23B	7.12B	7.64B	7.98B	8.12B	7.61B	7.20B	7.19B	6.35B	6.46B	23.73B
Growth (%)	-	+22.08%	+7.39%	-20.30%	+11.16%	+15.83%	+14.22%	+28.51%	+12.59%	+2.56%	+12.59%	+14.81%	+14.35%	+7.22%	+4.45%	+1.79%	-6.25%	-5.35%	-0.20%	-11.62%	+1.69%	+267.29%
Cost of Revenue	1.05B	1.26B	1.54B	1.45B	2.16B	2.14B	1.93B	2.58B	2.62B	2.91B	4.41B	6.39B	5.50B	4.76B	3.86B	3.58B	2.97B	3.37B	8.32B	-1.75B	10.90B	16.23B
Gross Profit	2.11B	2.58B	2.77B	2.21B	2.45B	2.84B	3.25B	4.17B	4.70B	4.82B	5.42B	6.23B	7.12B	7.64B	7.98B	8.12B	7.61B	7.20B	7.19B	8.10B	8.44B	7.51B
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	127.50%	130.64%	31.62%
Operating Expense	581.56M	763.98M	931.99M	165.39M	-377.12M	-108.98M	-297.10M	284.00M	954.45M	796.87M	145.63M	-1.09B	616.73M	1.40B	2.46B	6.66B	6.63B	5.97B	-1.72B	6.89B	7.20B	5.49B
Operating Income	1.53B	1.82B	1.84B	2.04B	2.83B	2.95B	3.54B	3.89B	3.74B	4.02B	5.28B	7.32B	6.51B	6.23B	5.52B	1.46B	979.45M	1.23B	8.91B	1.21B	1.24B	2.01B
Operating Margin	72.47%	70.38%	66.35%	92.51%	115.37%	103.83%	109.15%	93.19%	79.68%	83.46%	97.32%	117.57%	91.34%	81.64%	69.18%	17.94%	12.87%	17.08%	123.89%	19.06%	19.26%	8.48%
EBITDA	612.09M	593.70M	618.81M	665.59M	2.79M	947.05M	1.26B	2.21B	1.87B	1.63B	1.03B	1.09B	1.25B	1.78B	1.98B	1.81B	1.32B	1.60B	1.12B	1.55B	1.78B	2.20B
EBITDA Margin	28.97%	23.02%	22.34%	30.15%	0.11%	33.31%	38.73%	52.85%	39.74%	33.91%	18.95%	17.52%	17.60%	23.35%	24.86%	22.29%	17.32%	22.22%	15.59%	24.37%	27.50%	9.28%
Net Income	303.22M	351.95M	361.66M	916.38M	590.87M	541.27M	741.46M	904.35M	818.59M	791.61M	691.42M	848.77M	659.69M	1.05B	1.05B	1.34B	727.48M	948.53M	714.93M	870.10M	727.25M	1.71B
Net Income Margin	14.35%	13.65%	13.06%	41.51%	24.08%	19.04%	22.84%	21.67%	17.42%	16.43%	12.75%	13.63%	9.26%	13.79%	13.15%	16.56%	9.56%	13.17%	9.94%	13.69%	11.25%	7.22%
Interest Expense	1.05B	1.26B	1.28B	1.47B	2.16B	2.14B	2.45B	2.58B	2.62B	2.91B	4.41B	6.39B	5.50B	4.76B	3.86B	3.58B	2.97B	3.37B	8.32B	10.25B	10.90B	15.35B
Interest Expense % of Total Revenue	49.65%	48.89%	46.05%	66.67%	87.90%	75.38%	75.32%	61.80%	55.68%	60.32%	81.24%	102.61%	77.22%	62.38%	48.40%	44.10%	39.03%	46.73%	115.77%	161.22%	168.62%	64.67%

Balance Sheet

Currency: BRL	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: BRL	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	12.13B	14.09B	15.65B	20.48B	25.20B	29.08B	32.13B	37.59B	46.74B	53.21B	59.56B	66.94B	69.04B	73.29B	77.43B	81.55B	91.82B	104.58B	113.17B	125.67B	147.42B	163.86B
Total Liabilities	11.10B	12.95B	14.35B	17.69B	22.12B	25.67B	28.27B	33.18B	42.11B	48.06B	53.89B	60.73B	62.60B	66.25B	70.15B	8.12B	83.48B	95.53B	103.75B	115.80B	137.00B	152.39B
Total Equity	1.03B	1.14B	1.30B	2.79B	3.08B	3.41B	3.86B	4.40B	4.63B	5.15B	5.67B	6.21B	6.44B	7.03B	7.28B	7.79B	8.34B	9.05B	9.41B	9.86B	10.41B	11.46B
Cash	1.53B	2.39B	2.33B	347.35M	373.28M	7.62B	3.56B	1.25B	5.37B	1.23B	826.36M	1.39B	2.31B	850.02M	5.41B	15.15B	15.70B	17.73B	16.10B	1.15B	16.56B	22.47B
Total Debt	1.94B	2.41B	2.35B	359.62M	622.47M	1.48B	1.62B	2.16B	2.91B	3.44B	4.02B	4.07B	3.99B	3.69B	3.34B	8.79B	10.24B	20.42B	24.32B	3.08B	38.09B	10.71B
Net Debt	406.45M	12.98M	16.11M	12.27M	249.19M	-7.62B	-1.94B	905.57M	-2.46B	2.21B	3.19B	2.67B	1.68B	2.84B	-2.07B	-7.03B	-10.82B	-10.63B	-11.10B	1.93B	3.58B	-11.76B

Cash Flow

Currency: BRL	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: BRL	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	303.22M	351.95M	361.66M	321.59M	1.38B	909.65M	-2.62B	887.11M	1.38B	-4.53B	37.63M	2.33B	3.87B	1.42B	1.96B	-255.24M	11.37B	3.66B	861.85M	6.06B	11.72B	15.10B
Investing Cash Flow	-	-	-57.59M	-51.87M	-122.01M	-87.65M	-101.30M	-43.01M	-91.65M	-69.79M	-61.07M	-35.10M	-2.73B	-2.46B	3.08B	-2.36B	-6.25B	-4.98B	-912.05M	-3.35B	-19.89B	-14.47B
Financing Cash Flow	-	-	-171.41M	923.38M	-243.09M	-229.18M	-269.83M	-291.71M	865.03M	458.34M	-379.28M	-1.72B	-220.99M	-432.25M	-533.12M	-722.32M	-423.61M	932.28M	-3.13B	4.14B	-511.20M	964.15M
Capital Expenditure	0	0	29.97M	25.16M	122.21M	88.39M	99.91M	43.67M	52.34M	64.87M	64.82M	50.71M	1.41B	119.45M	125.03M	154.01M	195.34M	221.17M	220.78M	155.42M	176.13M	291.03M
Free Cash Flow	303.22M	351.95M	361.66M	296.43M	1.26B	821.26M	-2.72B	843.44M	1.33B	-4.59B	-27.19M	2.28B	2.46B	1.31B	1.84B	-409.25M	11.17B	3.44B	641.07M	5.73B	11.55B	14.81B
Dividends Paid	-	-	-	71.52M	87.06M	38.51M	65.00M	60.00M	40.00M	69.40M	69.40M	12.03M	248.09M	16.68M	20.20M	45.84M	73.71M	23.20M	14.97M	14.83M	406.93M	35.98M
FCF to OCF	100.00%	100.00%	100.00%	92.18%	91.14%	90.28%	103.81%	95.08%	96.22%	101.43%	-72.24%	97.82%	63.50%	91.62%	93.62%	160.34%	98.28%	93.96%	74.38%	94.71%	98.50%	98.07%
Dividend Paid to FCF	-	-	-	24.13%	6.92%	4.69%	-2.39%	7.11%	3.00%	-1.51%	-255.28%	0.53%	10.09%	1.28%	1.10%	-11.20%	0.66%	0.67%	2.34%	0.26%	3.52%	0.24%

Earnings

Report Date	May 15, 2009	Aug 11, 2009	Nov 10, 2009	Feb 10, 2010	Aug 13, 2012	Nov 12, 2012	Feb 14, 2013	May 15, 2013	Aug 12, 2013	Nov 13, 2013	Feb 12, 2014	May 13, 2014	Aug 13, 2014	Nov 12, 2014	Feb 12, 2015	May 13, 2015	Aug 12, 2015	Nov 11, 2015	Mar 11, 2016	May 11, 2016	Aug 10, 2016	Nov 9, 2016	Feb 9, 2017	May 15, 2017	Aug 14, 2017	Nov 13, 2017	Feb 19, 2018	May 14, 2018	Aug 14, 2018	Nov 13, 2018	Feb 12, 2019	May 14, 2019	Aug 13, 2019	Nov 11, 2019	Feb 11, 2020	May 12, 2020	Aug 12, 2020	Nov 11, 2020	Feb 9, 2021	May 10, 2021	Aug 10, 2021	Nov 12, 2021	Feb 16, 2022	May 13, 2022	Aug 11, 2022
EPS Estimate	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EPS Actual	0.26	0.25	0.36	0.45	0.50	0.51	0.47	0.50	0.53	0.45	0.46	0.19	0.37	0.53	0.61	0.36	0.47	0.88	0.37	0.46	0.49	0.26	0.40	0.31	0.46	0.54	1.26	0.60	0.64	0.71	0.62	0.78	0.82	0.71	0.97	0.63	0.29	0.29	0.57	0.68	0.65	0.38	0.61	0.40	0.56
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Timing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Key Statistics & Ratios

Market Cap7.46B

Enterprise Value36.93B

Trailing P/E4.55

Forward P/E3.88

PEG Ratio0.23

Price / Sales1.02

Price / Book0.64

EPS4.01

Book Value28.96

Revenue (TTM)7.33B

Gross Profit (TTM)7.21B

Profit Margin22.38%

Operating Margin16.42%

Return on Equity14.48%

Return on Assets1.00%

Shares Outstanding205.06M

Shares Float206.25M

Beta0.16

Dividend Yield4.83%

Dividend Rate0.88

Payout Ratio28.60%

Dividends

20263×

0.22Jun 12, 20260.07May 4, 20260.22Mar 13, 2026

20256×

0.44Dec 26, 20250.37Dec 12, 20250.27Sep 12, 20250.22Jun 12, 20250.09May 5, 20250.22Mar 14, 2025

20246×

0.20Dec 18, 20240.24Nov 29, 20240.12Sep 12, 20240.12Jun 14, 20240.18Apr 30, 20240.12Mar 15, 2024

20234×

0.17Sep 13, 20230.34Jun 14, 20230.04May 3, 20230.37Mar 15, 2023

20225×

0.02Dec 14, 20220.11Sep 12, 20220.38Jun 10, 20220.04May 2, 20220.33Mar 16, 2022

Stock Splits

Jul 24, 20070.0067:0.001
Jun 22, 20075:4