Banco do Brasil 4Q25: The Agro Storm Abates, but the Scars Run Deep

2026-02-12 - 11:05

3 Key Points — Adjusted net income of R$ 5.74 billion ($1.1B) in 4Q25 beat the Bloomberg consensus of R$ 4.5 billion by 28%, even as the figure fell 40% year-on-year — the first annual decline after 16 consecutive quarters of growth. — Agro NPLs hit 6.09% and the headline 90-day delinquency ratio reached 5.17%,