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Brazil's BTG Pactual posts Q2 earnings beat as revenue jumps
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Brazil's BTG Pactual posts Q2 earnings beat as revenue jumps
Aug 12, 2025 4:19 AM

SAO PAULO, Aug 12 (Reuters) - Brazilian lender BTG

Pactual reported better-than-expected second-quarter

results on Tuesday, with revenues across all business segments

rising by double-digit percentages on a yearly basis.

WHY IT'S IMPORTANT

BTG Pactual is Latin America's largest investment bank and

has been driving an international push, including the recent

purchase of HSBC's operations in Uruguay.

BY THE NUMBERS

BTG reported an adjusted net income of 4.18 billion reais

($767.89 million) for the April-June period, up 42% from the

previous year. Analysts polled by LSEG had expected a bottom

line of 3.63 billion reais.

Total revenue came in at 8.29 billion reais, a 38.5%

increase, also exceeding forecasts of 7.32 billion reais.

Return on average equity (ROAE), a gauge of profitability,

stood at 27.1%, up from 22.5% a year earlier.

ADDITIONAL CONTEXT

The lender said it posted significant year-on-year revenue

growth across all business segments, including investment

banking (+40%), corporate lending (+37%), and sales and trading

(+38%).

KEY QUOTE

"We closed another quarter with outstanding results, marked

by record-breaking performances in nearly all business lines and

an exceptional ROAE. These figures reflect our consistent

ability to create value and the strength of our diversified

business model," CEO Roberto Sallouti said in a statement.

($1 = 5.4435 reais)

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