Banese Q2 net profit rises 69.94% to R$ 47.9 million

Reuters2026/08/28 22:17

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Banese posted IFRS net profit of R$ 75.51 million for the six months ended June 30, 2026, up from R$ 50.17 million.
Net interest income edged down to R$ 381.2 million from R$ 383.83 million in the year-earlier period.
Fee and commission income rose to R$ 123.74 million from R$ 117 million, while expected credit loss expense increased to R$ 128.1 million from R$ 106.04 million.
Total assets increased to R$ 13.9 billion at June 30, 2026 from R$ 13.64 billion at Dec. 31, 2025; deposits climbed to R$ 11.07 billion from R$ 10.86 billion.
Equity attributable to controlling shareholders rose to R$ 1.02 billion from R$ 928.1 million, following a R$ 50 million capital increase.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BANESE - Banco do Estado de Sergipe SA published the original content used to generate this news brief on August 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Banese Q2 net profit rises 69.94% to R$ 47.9 million

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