Banco BTG Pactual S.A. (BPAC11) Q1 2025 Earnings – Full Coverage скачать в хорошем качестве

Banco BTG Pactual S.A. (BPAC11) Q1 2025 Earnings – Full Coverage

*Banco BTG Pactual S.A. (BPAC11) Q1 2025 Earnings – Full Coverage* *Key Highlights:* *Financials* – Q1 revenue BRL 6,800,000K (~$1,236,364K USD), up 16.1% YoY; net income BRL 3,400,000K (~$618,182K USD), up 16.5%; ROE 23.2%; $500B global banking market. *Operations* – Credit portfolio up 27% to BRL 231,000,000K; AUM/AUA hit BRL 1T; wealth management AUM BRL 1T; tariffs impact ~1% via Brazil focus. *Strategy* – CEO Roberto Sallouti emphasized diversification; Renato Cohn detailed business units; acquisitions (Julius Baer, Jotagepere) boosted growth; tariffs mitigated via local operations. *Outlook* – Expects higher ROE in 2025; anticipates sales and trading recovery; cautious on rate cuts until 2026. *Timestamps:* [00:00] – Opening Remarks and Introduction [01:49] – IR Update [02:00] – CEO Update: Q1 Results (Roberto Sallouti) [07:06] – Business Units Update (Renato Cohn) [23:17] – Q&A Session Begins [23:17] – Q&A: Capital Ratio, Interest Income (Tito Labarta, Goldman Sachs) [27:08] – Q&A: Sales and Trading (Daniel Vaz, Safra) [29:28] – Q&A: Provisions, SME Portfolio (Marcelo Mizrahi, Bradesco BBI) [32:18] – Q&A: Rate Cuts, ROE (Jorge Kuri, Morgan Stanley) [35:24] – Q&A: Asset Management, EFG (Yuri Fernandes, JPMorgan) [39:25] – Q&A: Credit Cycle, SME Growth (Renato Meloni, Autonomous) [43:36] – Q&A: Wealth Management, IB Outlook (Thiago Batista, UBS) [47:23] – Q&A: Banco Pan Payroll (Henrique Navarro, Santander) [49:16] – Q&A: Banco Pan Integration, Revenue Mix (Antonio Ruette, BofA) [53:52] – Q&A: Corporate Lending Growth (Petriele LeDuc, Itaú) [56:28] – Q&A: Credit Environment, Asset Quality (Brian Flores, Citi) *Keywords:* Banco BTG Pactual, Q1 2025 earnings, BPAC11, banking, wealth management, asset management, credit *Buy, Hold, or Sell?* Banco BTG Pactual S.A. (BPAC11) is a BUY. Q1 revenue up 16.1% to BRL 6,800,000K and ROE at 23.2% in a $500B global banking market, with strong credit and wealth management growth, signal robust performance; tariff impact (~1%) is minimal due to Brazil-centric operations. *Max Position* – Allocate 2-3% in a diversified portfolio. *Comment below with your thoughts! Subscribe for more updates!* *Full Details:* [Banco BTG Pactual Investor Relations](https://www.btgpactual.com/ir) *Disclaimer:* This video includes segments from the earnings call by Banco BTG Pactual S.A., used solely for educational and informational purposes under fair use (Section 107, US Copyright Act). No affiliation or endorsement by Banco BTG Pactual is implied. All rights to the original content remain with the company. For the official call, visit [https://www.btgpactual.com/ir](https://www.btgpactual.com/ir). For inquiries or requests for removal, please contact us at [email protected].