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Brazilian (BOVESPA) Financials Sector Analysis

UpdatedDec 05, 2022
DataAggregated Company Financials
Companies44
  • 7D1.5%
  • 3M-7.2%
  • 1Y-4.7%
  • YTD5.3%

Over the last 7 days, the Financials industry has risen 1.5%, driven by gains from Banco do Brasil of 5.3%. However, the industry is down 4.7% over the past year. Looking forward, earnings are forecast to grow by 11% annually.

Sector Valuation and Performance

Has the Brazilian Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 05 Dec 2022R$1.1tR$496.2bR$140.3b9.1x7.7x2.2x
Wed, 02 Nov 2022R$1.2tR$485.5bR$132.5b11.3x9.1x2.5x
Fri, 30 Sep 2022R$1.1tR$487.7bR$133.7b11.1x8.4x2.3x
Sun, 28 Aug 2022R$1.1tR$486.5bR$134.0b11.9x8.4x2.3x
Tue, 26 Jul 2022R$1.0tR$480.7bR$128.6b8.3x7.9x2.1x
Thu, 23 Jun 2022R$1.0tR$480.6bR$128.6b8.5x8.1x2.2x
Sat, 21 May 2022R$1.1tR$480.5bR$128.2b8.9x8.7x2.3x
Mon, 18 Apr 2022R$1.1tR$465.3bR$123.4b9.4x9.3x2.5x
Wed, 16 Mar 2022R$1.1tR$463.1bR$121.2b9.2x9x2.3x
Fri, 11 Feb 2022R$1.1tR$467.8bR$121.4b8.8x9.2x2.4x
Sun, 09 Jan 2022R$1.0tR$468.2bR$121.0b8.7x8.3x2.1x
Tue, 07 Dec 2021R$1.1tR$468.1bR$121.1b8.7x9.1x2.3x
Thu, 04 Nov 2021R$1.1tR$452.8bR$114.1b9.4x10x2.5x
Sat, 02 Oct 2021R$1.2tR$453.3bR$114.0b10.1x10.8x2.7x
Mon, 30 Aug 2021R$1.3tR$455.0bR$114.2b10.4x11.6x2.9x
Tue, 06 Jul 2021R$1.4tR$454.9bR$114.2b11.3x12.3x3.1x
Fri, 09 Apr 2021R$1.2tR$407.4bR$93.8b11.9x13x3x
Thu, 31 Dec 2020R$1.3tR$342.3bR$85.5b11.8x15.3x3.8x
Sun, 04 Oct 2020R$1.0tR$319.9bR$89.7b11.4x11.1x3.1x
Wed, 08 Jul 2020R$1.1tR$316.1bR$95.6b10.6x11x3.3x
Tue, 31 Mar 2020R$888.0bR$339.7bR$108.6b8.3x8.2x2.6x
Fri, 03 Jan 2020R$1.5tR$395.7bR$116.5b11.5x12.7x3.7x
Price to Earnings Ratio

12.7x


Total Market Cap: R$1.5tTotal Earnings: R$116.5bTotal Revenue: R$395.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Financials Sector Price to Earnings3Y Average 10.7x20212022
Current Industry PE
  • Investors are pessimistic on the Brazilian Financials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 7.7x which is lower than its 3-year average PE of 10.7x.
  • The 3-year average PS ratio of 2.9x is higher than the industry's current PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 6.4% per year over the last three years.
  • Revenues for these companies have grown 7.8% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Brazilian Financials sector?

BR Market1.96%
Financials1.50%
Insurance3.71%
Capital Markets1.65%
Banks1.15%
Consumer Finance0.69%
Mortgage Finance0%
Mortgage REITs0%
Diversified Financial-0.88%
Industry PE
  • Investors are most optimistic about the Capital Markets industry even though it's trading below its 3-year average PE ratio of 23.6x.
    • Analysts are expecting annual earnings growth of 13.1%, which is lower than the prior year's growth of 30.2% per year.
  • Investors are most pessimistic about the Diversified Financial industry, which is trading close to its 3-year average of 6.0x.
Forecasted Growth
  • Analysts are most optimistic on the Insurance industry, expecting annual earnings growth of 16% over the next 5 years.
  • This is better than its past earnings decline of 14% per year.
  • In contrast, the Banks industry is expected to see its earnings grow by 9.3% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
BBAS3 Banco do BrasilR$36.035.3%
+R$5.2b
11.9%PB0.7x
B3SA3 B3 - Brasil Bolsa BalcĂŁoR$12.705.4%
+R$3.8b
9.2%PE17.2x
BBSE3 BB Seguridade ParticipaçõesR$32.566.1%
+R$3.7b
53.7%PE11.9x
PSSA3 Porto SeguroR$23.842.8%
+R$414.7m
6.1%PE13.7x
TRAD3 TC Traders ClubR$2.5132.1%
+R$170.6m
-62.5%PS7.4x
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Latest News

PSSA3

R$23.84

Porto Seguro

7D

2.8%

1Y

6.1%

RPAD3

R$6.90

Alfa Holdings

7D

-9.9%

1Y

11.7%

BBAS3

R$36.03

Banco do Brasil

7D

5.3%

1Y

11.9%

BNBR3

R$72.51

Banco do Nordeste do Brasil

7D

-2.7%

1Y

6.7%

BAZA3

R$50.72

Banco da AmazĂ´nia

7D

-2.3%

1Y

28.4%

TRAD3

R$2.51

TC Traders Club

7D

32.1%

1Y

-62.5%

BBSE3

R$32.56

BB Seguridade Participações

7D

6.1%

1Y

53.7%

SULA11

R$22.08

Sul América

7D

1.8%

1Y

-16.6%

MODL3

R$2.70

Banco Modal

7D

9.3%

1Y

-34.1%

B3SA3

R$12.70

B3 - Brasil Bolsa BalcĂŁo

7D

5.4%

1Y

9.2%

IRBR3

R$0.70

IRB-Brasil Resseguros

7D

-10.3%

1Y

-83.3%

BPAC3

R$13.58

Banco BTG Pactual

7D

-0.6%

1Y

2.8%

GPIV33

R$2.95

GP Investments

7D

-2.3%

1Y

-54.5%