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    Home»Economy»BB profit decreases by 60 % and his CEO to buy shares
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    BB profit decreases by 60 % and his CEO to buy shares

    Camelia KirkBy Camelia KirkAugust 16, 2025No Comments3 Mins Read
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    BB profit decreases by 60 % and his CEO to buy shares
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    The bank accumulates 20,000 backward payment and an increase of 104 % in the provisions of losses, but the leader of the institution guarantees stability in the process

    the BB (BANCO Do Brasil) average modified income of $ 3.8 billion in the second quarter, a 60 % decrease in one year, withdrawn by defaulting on historical payment of agricultural works. Despite the setback, President Tersana Mediros stressed that the bank continues with safe operation.“Whoever has, keeps, who does not have, buy”He said.

    At a press conference on Friday (15.2025), Medeiros said that the AGRO record is concentrated in 20,000 customers, but it does not harm the entire wallet. Among these debtors, 74 % of payments were not delayed until December 2023.

    “It is not a systematic problem from the entire AGRO portfolio, and there are 20,000 customers and we know exactly who they are,” Advertise.

    The increase in providing credit loss was the main cause of the negative result, with a total of $ 15.9 billion in the second quarter of 2025, an increase of 104 % compared to 2024.

    The result reflects both the increase in the failure to pay and the application Resolution 4,966 from 2021 BC (Central Bank), which requires banks to provide expected values as non -formation.

    During this period, the expected loss amounted to $ 7.9 billion in agricultural business, $ 4.8 billion of individuals and $ 4.3 billion in legal entities.

    In AGRO, which represents 33.8 % of the expanded credit portfolio, the default has reached more than 90 days to 3.49 %. Between individuals, it is 5.59 %.

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    Of a total of more than 600,000 customers in the agricultural portfolio, 20,000 delinquents are concentrated in the middle and southern regions, especially in soy, corn and livestock, according to the president.

    According to Medeiros, part of the troubled people already planted in 2025 and negotiated the debt, but BB will be more selective in the sector's credit.

    The president said that many customers did not seek to re -negotiate before the court’s order – which threatens to exhaust all available alternatives.

    “We know part of these customers and know that they are not looking for the bank to do this re -negotiation. In this legal field, there was an attempt to abuse use.”Mediros said.

    Even with profit at the worst level in nearly 5 years, you expect results “It is still tense” In the third quarter, with an improvement in the fourth quarter led by the total financial bank.

    The executive also denied the existence of “Political component“In management.

    “The president did not express any intention to change in Panco de Brazil.”He said.

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    Camelia Kirk

    "Friendly zombie guru. Avid pop culture scholar. Freelance travel geek. Wannabe troublemaker. Coffee specialist."

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