Financial Highlights

Financial Highlights (BRL Million)Sep/18Sep/19Sep/20Sep/21
Total Assets5,5547,45010,96312,055
Capital Tier I585
823888985
Shareholders' Equity
605642715816
Net Income
48
5943106
Net Income before Tax
72
8887
190
Total Expanded Credit Portfolio ¹4,067
5,5908,3469,256
Total Funding
4,547
6,2969,11210,190
Return on Average Equity (p.a.)
10.8%12.7%8.3%18.0%
Return on Average Assets (p.a.)
1.2%
1.1%0.6% 1.2%
Expanded NIM (Before allowances for loan losses) ² ³ (p.a)
5.6%
4.9%4.1%4.5%
Basel Ratio (Core Tier I)
15.3%
15.8%13.2%
13.4%
Liquid Assets
1,389
1,8592,7532,324
Efficiency Ratio (ER)
56.5%
60.5%49.9%48.8%
Service Revenues45595795
Service Revenues (% of the Total Revenues ) 4
19.9%24.5%19.8%23.5%
¹ Includes garantees, letters of credit and operations bearing credit risk (debentures and promissory notes).
² Includes the result of Equity Equivalence.
³ Including services fees and adjusting for open  market operations.
4 Gross Financial Income before Allowances for Loan Losses + Service Revenue + Result of Equity Equivalence.