Banco do Brasil says 1H26 profit falls to R$ 6.4 billion as expected loss provisions rise on rural delinquencies
Reuters2026/08/12 21:37- Banco do Brasil posted 1H26 net income of R$ 6.4 billion, down from R$ 7.8 billion in 1H25, as loss provisions rose.
- Provision for expected losses increased to R$ 34.4 billion from R$ 31.6 billion, reflecting higher rural producer delinquency.
- Fee income rose to R$ 17.9 billion from R$ 17 billion, supported by fund management and consortium businesses.
- Administrative and personnel expenses fell to R$ 18.9 billion from R$ 19.9 billion, with continued spending on technology, AI, cybersecurity.
- June assets reached R$ 2.6 trillion; loan portfolio exceeded R$ 1.1 trillion; CET1 ratio stood at 11.27%.
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