BTG Pactual Achieves Record Profit Amid Competitive Banking Landscape

The Rio Times

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BTG Pactual Achieves Record Profit Amid Competitive Banking Landscape

BTG Pactual, one of Brazil’s leading financial institutions, has reported a record adjusted net profit of R$3.3 billion ($550 million) for the fourth quarter of 2024. This marks a 15% increase from the same period in 2023. For the full year, the bank achieved an impressive R$12.3 billion ($2.05 billion) in adjusted net profit, reflecting […]

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BTG Pactual closes 2024 with revenues and record net profit. Image: BTG Pactual BTG Pactual (BPAC11), investment bank of Latin America, closed 2024 with total revenues of US$4.1 trillion (R$25.1 trillion) and an adjusted net profit of US$2 trillion (R$123 trillion), an increase of 16 % and 18 %, respectively, compared to 2023. Both figures represent record results for the period, as the bank continues to benefit from increased operational levera…

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Revenues totaled R$6.5 billion in the fourth quarter The post BTG Pactual: adjusted net income of R$12.321 billion in 2024 appeared first on Monitor Mercantil.

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In the entire year of 2024, profit also reached a maximum of R$ 12.322 billion, an annual increase of 18.3%