In 5 days, the price has not changed at all, except that it has fallen by 0.4%. The cost rose sharply on Friday to hit $ 4.53. On August 9, it climbed even higher of $ 4.59, hitting the 5-day high point. The Tuesday morning value was $ 4.48. On the same day, it temporarily rose to $ 4.54 and fell below the previous drop of $ 4.46. However, on August 11, it jumped sharply to $ 4.57. A day later, it instantly plunged to $ 4.42. For today, the price is $ 4.44.
Profit for the quarter was BRL 6.3 billion and retained earnings for the six-month period reached 18.2%. The loan portfolio increased by 3% compared to the previous quarter and by approximately 10% compared to the previous year. The Tier rate reached 14.1%, an increase of 0.5 bps quarter-on-quarter from 1.6 bps year-on-year, indicating a very comfortable level of capital. So far this year, they have already allocated BRL 6 billion in equity interest. So their payout was 52%.
It should be noted that the income of the banking structure in the second quarter was 22% higher than in the second quarter of 2019. The total net interest income increased by 1% during the quarter and decreased on an annual basis as the Net interest income from the market was quite high in the second quarter of 2020 thanks to the robust COVID market. ALL spend is at a very good level, showing a 10.7% Q-on-Q drop.
Finance and entertainment journalist
Richard is a bottle of wine – the older it is, the sweeter it is. He’s already found the most enjoyable hobby writing entertainment and finance news for Own Snap. Readers regularly receive updated messages from him looking for real-time news.