Stock BRSR6 BANCO DO ESTADO DO RIO GRANDE DO SUL S.A.
Add to a list
To use this feature you must be a member
Log inSign up

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

Equities

BRSR6

BRBRSRACNPB4

Banks

Market Closed - Sao Paulo
Other stock markets
 01:37:59 22/06/2024 am IST 		5-day change 1st Jan Change
10.99 BRL -1.26% Intraday chart for Banco do Estado do Rio Grande do Sul S.A. -0.09% -17.68%
15/05 Transcript : Banco do Estado do Rio Grande do Sul S.A., Q1 2024 Earnings Call, May 15, 2024
15/05 Banco do Estado do Rio Grande do Sul S.A. Reports Earnings Results for the First Quarter Ended March 31, 2024 CI

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 9,136 6,208 4,410 4,185 5,555 4,623 - -
Enterprise Value (EV) 1 9,136 6,208 4,410 4,185 5,555 4,623 4,623 4,623
P/E ratio 6.58 x 8.19 x 4.16 x 5.54 x 6.27 x 3.73 x 3.3 x 3.12 x
Yield 11.3% 3.66% 9.68% - - 10.2% 13.4% 14.9%
Capitalization / Revenue 1.21 x 0.86 x 0.65 x 0.62 x 0.72 x 0.47 x 0.48 x 0.44 x
EV / Revenue 1.21 x 0.86 x 0.65 x 0.62 x 0.72 x 0.47 x 0.48 x 0.44 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.14 x 0.71 x 0.44 x - 0.55 x 0.43 x 0.41 x 0.38 x
Nbr of stocks (in thousands) 4,08,977 4,08,974 4,08,974 4,08,974 4,07,772 4,08,974 - -
Reference price 2 21.65 14.57 9.650 9.700 13.35 10.99 10.99 10.99
Announcement Date 11/02/20 10/02/21 15/02/22 15/02/23 09/02/24 - - -
1BRL in Million2BRL
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 7,568 7,218 6,818 6,752 7,722 9,811 9,587 10,408
EBITDA - - - - - - - -
EBIT 1 2,793 2,774 2,220 - - 1,536 1,918 -
Operating Margin 36.91% 38.43% 32.56% - - 15.66% 20% -
Earnings before Tax (EBT) 1 1,599 1,095 1,432 767.8 1,211 1,649 1,959 2,371
Net income 1 1,344 727.5 948.5 714.9 870.1 1,207 1,265 1,491
Net margin 17.77% 10.08% 13.91% 10.59% 11.27% 12.3% 13.19% 14.32%
EPS 2 3.290 1.780 2.320 1.750 2.130 2.950 3.334 3.527
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 2.443 0.5327 0.9345 - - 1.120 1.471 1.632
Announcement Date 11/02/20 10/02/21 15/02/22 15/02/23 09/02/24 - - -
1BRL in Million2BRL
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 1,689 1,614 1,634 1,674 1,831 1,772 1,925 1,944 2,115 2,161 2,215 2,300 -
EBITDA - - - - - - - - - - - - -
EBIT 1 522.2 440 - - - 543.5 680.3 586.5 703.9 364.4 419.6 479.8 532.9
Operating Margin 30.92% 27.26% - - - 30.67% 35.33% 30.17% 33.28% 16.86% 18.94% 20.86% -
Earnings before Tax (EBT) 1 366.5 193.5 130.7 172.5 271 258.5 287.3 150.8 296.9 361 369 488 -
Net income 1 247.8 164.1 227.8 71.94 251.1 213 226.3 127.4 187.4 247 238 285 -
Net margin 14.67% 10.17% 13.95% 4.3% 13.71% 12.02% 11.75% 6.55% 8.86% 11.43% 10.74% 12.39% -
EPS 2 0.6100 0.4000 0.5600 0.1800 0.6100 0.5200 0.5500 0.3100 0.4600 0.6046 0.5814 0.6976 -
Dividend per Share 2 0.2100 0.3765 0.3300 - - - - 0.1700 - 0.1500 0.1500 0.5600 -
Announcement Date 15/02/22 12/05/22 10/08/22 21/11/22 15/02/23 11/05/23 15/08/23 13/11/23 14/05/24 - - - -
1BRL in Million2BRL
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 16.9% 10.2% 11.4% - 10.4% 11.3% 12.5% 12.9%
ROA (Net income/ Total Assets) 1.6% 1% 1% - 0.85% 0.75% 0.95% 0.96%
Assets 1 84,025 72,748 94,854 - 1,02,947 1,61,796 1,33,251 1,55,928
Book Value Per Share 2 19.10 20.40 22.10 - 24.10 25.40 27.00 29.20
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 11/02/20 10/02/21 15/02/22 15/02/23 09/02/24 - - -
1BRL in Million2BRL
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

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

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
8
Last Close Price
10.99 BRL
Average target price
14.19 BRL
Spread / Average Target
+29.09%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Commercial Banks

1st Jan change Capi.
BANCO DO ESTADO DO RIO GRANDE DO SUL S.A. Stock Banco do Estado do Rio Grande do Sul S.A.
-17.68% 847M
AGRICULTURAL BANK OF CHINA LIMITED Stock Agricultural Bank of China Limited
+11.63% 197B
PT BANK CENTRAL ASIA TBK Stock PT Bank Central Asia Tbk
+2.13% 71.95B
ANZ GROUP HOLDINGS LIMITED Stock ANZ Group Holdings Limited
+11.65% 57.65B
INDUSTRIAL BANK CO., LTD. Stock Industrial Bank Co., Ltd.
+7.03% 49.64B
CHINA CITIC BANK CO., LTD. Stock China CITIC Bank Co., Ltd.
+35.60% 44.9B
CRÉDIT AGRICOLE S.A. Stock Crédit Agricole S.A.
+1.35% 42.09B
QATAR NATIONAL BANK (Q.P.S.C.) Stock Qatar National Bank (Q.P.S.C.)
-13.97% 36.03B
JAPAN POST BANK CO., LTD. Stock JAPAN POST BANK Co., Ltd.
+1.15% 32.92B
INVEST BANK Stock Invest bank
-96.60% 32.24B
Commercial Banks
  1. Stock Market
  2. Equities
  3. BRSR6 Stock
  4. Financials Banco do Estado do Rio Grande do Sul S.A.