Banco do Estado do Rio Grande do Sul S.A.

BOVESPA:BRSR3 Stock Report

Market Cap: R$5.0b

Banco do Estado do Rio Grande do Sul Past Earnings Performance

Past criteria checks 0/6

Banco do Estado do Rio Grande do Sul's earnings have been declining at an average annual rate of -4.9%, while the Banks industry saw earnings growing at 11.1% annually. Revenues have been declining at an average rate of 1.3% per year. Banco do Estado do Rio Grande do Sul's return on equity is 7.8%, and it has net margins of 11.9%.

Key information

-4.9%

Earnings growth rate

-4.8%

EPS growth rate

Banks Industry Growth8.7%
Revenue growth rate-1.3%
Return on equity7.8%
Net Margin11.9%
Next Earnings Update11 Feb 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Banco do Estado do Rio Grande do Sul makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

BOVESPA:BRSR3 Revenue, expenses and earnings (BRL Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 246,7548014,2230
30 Jun 246,8439684,1290
31 Mar 246,6091,0034,0700
31 Dec 236,3551,0114,0220
30 Sep 235,9889374,0020
30 Jun 235,8048223,9380
31 Mar 235,8849153,8220
31 Dec 225,7328423,7300
30 Sep 225,7658883,6590
30 Jun 225,8631,0153,5920
31 Mar 225,5319243,4530
31 Dec 215,9741,0843,4570
30 Sep 216,1619973,4680
30 Jun 216,2679113,5030
31 Mar 216,3107493,5970
31 Dec 206,2207273,6510
30 Sep 206,2828923,7220
30 Jun 206,4571,0663,7700
31 Mar 206,9701,2823,8410
31 Dec 197,0561,3443,8720
30 Sep 196,9151,2003,8860
30 Jun 196,8651,1983,9030
31 Mar 196,5441,1253,8980
31 Dec 186,4081,0493,8740
30 Sep 186,3421,3133,8150
30 Jun 186,0251,2433,6280
31 Mar 185,8421,1683,6190
31 Dec 175,5901,0533,6980
30 Sep 175,3597023,7120
30 Jun 175,2085863,8100
31 Mar 175,2296003,7470
31 Dec 165,2026603,5100
30 Sep 165,0066443,3530
30 Jun 164,8418983,2980
31 Mar 164,5868903,1940
31 Dec 154,3158493,1420
30 Sep 154,2509473,0090
30 Jun 154,2928032,8170
31 Mar 154,2477612,8840
31 Dec 144,2166912,7960
30 Sep 144,1436322,8030
30 Jun 144,0846002,8180
31 Mar 144,0096652,5760
31 Dec 133,9957922,4760

Quality Earnings: BRSR3 has a large one-off loss of R$515.3M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: BRSR3's current net profit margins (11.9%) are lower than last year (15.6%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: BRSR3's earnings have declined by 4.9% per year over the past 5 years.

Accelerating Growth: BRSR3's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: BRSR3 had negative earnings growth (-14.5%) over the past year, making it difficult to compare to the Banks industry average (12.5%).


Return on Equity

High ROE: BRSR3's Return on Equity (7.8%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 11:25
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Banco do Estado do Rio Grande do Sul S.A. is covered by 19 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Roberto de Aguiar AttuchBarclays
Rafael ReisBB Banco de Investimento S.A.
Flavio YoshidaBofA Global Research