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BPAN4: Upcoming Acquisition Will Shape Outlook Amid Mixed Profitability Changes

Update shared on 25 Nov 2025

Fair value Increased 11%
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AnalystConsensusTarget's Fair Value
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1Y
62.4%
7D
-4.5%

Analysts have raised their price target for Banco Pan to R$10.36 from R$9.32. They cite adjustments in revenue growth projections, profit margins, and increased future price-to-earnings expected for the company.

What's in the News

  • Banco BTG Pactual S.A. has proposed to acquire the remaining 44.40% stake in Banco Pan S.A. for BRL 5.6 billion. The transaction is pending approval by the central bank and shareholders (M&A Transaction Announcement).
  • A Special/Extraordinary Shareholders Meeting has been scheduled for December 9, 2025, at Avenida Paulista 1.374, São Paulo. The meeting will address key company decisions (Special/Extraordinary Shareholders Meeting).

Valuation Changes

  • Consensus Analyst Price Target has increased from R$9.32 to R$10.36, reflecting higher valuation expectations.
  • Discount Rate has risen slightly from 20.15% to 20.29%.
  • Revenue Growth projection has decreased significantly from 26.38% to 19.84%.
  • Net Profit Margin has declined from 11.10% to 9.50%.
  • Future P/E has increased from 10.15x to 13.05x, which indicates higher expected earnings multiples.

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Disclaimer

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