LOANS AND ADVANCES TO CUSTOMERS MEASURED AT AMORTIZED COST (Tables)
|
12 Months Ended |
Dec. 31, 2025 |
|---|
| Loans And Advances To Customers Measured At Amortized Cost |
|
| Schedule of loans and advances to customers |
| Schedule of loans and advances to customers |
|
|
| |
R$ thousands |
| On December 31, 2025 |
On December 31, 2024 |
| Companies |
350,445,791 |
316,936,343 |
| - Financing and On-lending |
137,576,819 |
132,471,486 |
| - Financing and export |
34,763,790 |
40,904,095 |
| - Housing loans |
34,911,156 |
30,655,876 |
| - On-lending BNDES/Finame |
24,475,073 |
20,475,116 |
| - Vehicle loans |
23,074,448 |
21,934,635 |
| - Import |
12,986,200 |
12,505,529 |
| - Leases |
7,366,152 |
5,996,235 |
| - Borrowings |
195,880,958 |
169,958,833 |
| - Working capital |
143,640,424 |
100,012,698 |
| - Rural loans |
13,324,492 |
11,811,476 |
| - Other |
38,916,042 |
58,134,659 |
| - Limit operations (1) |
16,988,014 |
14,506,024 |
| |
|
|
| Individuals |
441,022,363 |
403,303,243 |
| - Financing and On-lending |
161,548,810 |
144,876,576 |
| - Housing loans |
112,626,278 |
102,627,589 |
| - Vehicle loans |
41,797,766 |
34,962,102 |
| - On-lending BNDES/Finame |
6,616,649 |
6,927,661 |
| - Other |
508,117 |
359,224 |
| - Borrowings |
189,710,201 |
177,325,731 |
| - Personal credit |
165,277,140 |
140,843,129 |
| - Rural loans |
17,680,946 |
15,530,021 |
| - Other |
6,752,115 |
20,952,581 |
| - Limit operations (1) |
89,763,352 |
81,100,936 |
| Total portfolio |
791,468,154 |
720,239,586 |
| Expected credit losses |
(47,011,092) |
(47,857,481) |
| Total of net loans and advances to customers |
744,457,062 |
672,382,105 |
| (1) | | Refers to outstanding operations with pre-established limits linked to current account and
credit card, whose credit limits are automatically recomposed as the amounts used are paid. |
|
| Schedule of finance lease receivables |
| Schedule of finance lease receivables |
|
|
| |
R$ thousands |
| On December 31, 2025 |
On December 31, 2024 |
| Gross investments in finance lease receivables: |
|
|
| Up to one year |
296,547 |
2,247,876 |
| From one to five years |
6,041,176 |
3,791,737 |
| Over five years |
1,296,410 |
196,239 |
| Impairment loss on finance lease receivables |
(114,049) |
(54,241) |
| Net investment |
7,520,084 |
6,181,611 |
| |
|
|
| Net investments in finance lease: |
|
|
| Up to one year |
291,293 |
2,227,115 |
| From one to five years |
5,952,651 |
3,760,889 |
| Over five years |
1,276,140 |
193,607 |
| Total |
7,520,084 |
6,181,611 |
|
| Schedule of reconciliation of the gross book value of loans and advances to customers |
| Schedule of reconciliation of the gross book value of loans and advances to customers |
|
|
|
|
|
|
|
|
|
| Stage 1 |
R$ thousands |
| Balance on December 31, 2024 |
Transfer to Stage 2 |
Transfer to Stage 3 |
Transfer from Stage 2 |
Transfer from Stage 3 |
Originated |
Maturities/Early Settlements |
(Write off) |
Balance on December 31, 2025 |
| Companies |
284,237,991 |
(4,468,832) |
(3,884,782) |
698,839 |
408,417 |
184,254,333 |
(145,544,269) |
- |
315,701,697 |
| - Financing |
125,114,754 |
(1,474,567) |
(917,207) |
184,185 |
82,925 |
59,726,132 |
(53,000,739) |
- |
129,715,483 |
| - Borrowings |
146,737,983 |
(2,714,895) |
(2,840,003) |
453,602 |
305,971 |
119,643,384 |
(89,906,141) |
- |
171,679,901 |
| - Revolving |
12,385,254 |
(279,370) |
(127,572) |
61,052 |
19,521 |
4,884,817 |
(2,637,389) |
- |
14,306,313 |
| Individuals |
347,118,719 |
(8,578,207) |
(5,922,695) |
3,021,912 |
2,124,940 |
154,675,235 |
(110,680,010) |
- |
381,759,894 |
| - Financing |
132,000,312 |
(4,319,775) |
(2,114,956) |
1,293,018 |
338,579 |
47,277,523 |
(28,231,856) |
- |
146,242,845 |
| - Borrowings |
149,534,314 |
(2,768,929) |
(3,609,760) |
1,226,064 |
1,327,474 |
87,818,313 |
(71,404,814) |
- |
162,122,662 |
| - Revolving |
65,584,093 |
(1,489,503) |
(197,979) |
502,830 |
458,887 |
19,579,399 |
(11,043,340) |
- |
73,394,387 |
| Total |
631,356,710 |
(13,047,039) |
(9,807,477) |
3,720,751 |
2,533,357 |
338,929,568 |
(256,224,279) |
- |
697,461,591 |
| |
|
|
|
|
|
|
|
|
|
| Stage 2 |
R$ thousands |
| Balance on December 31, 2024 |
Transfer to Stage 1 |
Transfer to Stage 3 |
Transfer from Stage 1 |
Transfer from Stage 3 |
Originated |
Maturities/Early Settlements |
(Write off) |
Balance on December 31, 2025 |
| Companies |
6,946,383 |
(698,839) |
(980,903) |
4,468,832 |
1,083,425 |
5,625,961 |
(4,835,380) |
- |
11,609,479 |
| - Financing |
1,861,939 |
(184,185) |
(232,953) |
1,474,567 |
16,695 |
652,851 |
(1,100,599) |
- |
2,488,315 |
| - Borrowings |
4,363,096 |
(453,602) |
(709,386) |
2,714,895 |
1,044,751 |
4,445,432 |
(3,249,280) |
- |
8,155,906 |
| - Revolving |
721,348 |
(61,052) |
(38,564) |
279,370 |
21,979 |
527,678 |
(485,501) |
- |
965,258 |
| Individuals |
21,911,700 |
(3,021,912) |
(2,120,554) |
8,578,207 |
1,486,976 |
9,110,534 |
(10,513,689) |
- |
25,431,262 |
| - Financing |
8,443,459 |
(1,293,018) |
(1,139,080) |
4,319,775 |
197,647 |
1,450,117 |
(2,547,305) |
- |
9,431,595 |
| - Borrowings |
9,169,428 |
(1,226,064) |
(863,141) |
2,768,929 |
1,156,186 |
4,936,120 |
(5,072,922) |
- |
10,868,536 |
| - Revolving |
4,298,813 |
(502,830) |
(118,333) |
1,489,503 |
133,143 |
2,724,297 |
(2,893,462) |
- |
5,131,131 |
| Total |
28,858,083 |
(3,720,751) |
(3,101,457) |
13,047,039 |
2,570,401 |
14,736,495 |
(15,349,069) |
- |
37,040,741 |
| |
|
|
|
|
|
|
|
|
|
| Stage 3 |
R$ thousands |
| Balance on December 31, 2024 |
Transfer to Stage 1 |
Transfer to Stage 2 |
Transfer from Stage 1 |
Transfer from Stage 2 |
Originated |
Maturities/Early Settlements |
(Write off) |
Balance on December 31, 2025 |
| Companies |
25,751,969 |
(408,417) |
(1,083,425) |
3,884,782 |
980,903 |
11,392,197 |
(6,940,573) |
(10,442,821) |
23,134,615 |
| - Financing |
5,494,795 |
(82,925) |
(16,695) |
917,207 |
232,953 |
370,211 |
(962,246) |
(580,276) |
5,373,024 |
| - Borrowings |
18,857,751 |
(305,971) |
(1,044,751) |
2,840,003 |
709,386 |
9,723,894 |
(6,197,172) |
(8,537,794) |
16,045,346 |
| - Revolving |
1,399,423 |
(19,521) |
(21,979) |
127,572 |
38,564 |
1,298,092 |
218,845 |
(1,324,751) |
1,716,245 |
| Individuals |
34,272,824 |
(2,124,940) |
(1,486,976) |
5,922,695 |
2,120,554 |
19,548,998 |
(428,567) |
(23,993,381) |
33,831,207 |
| - Financing |
4,432,804 |
(338,579) |
(197,647) |
2,114,956 |
1,139,080 |
874,378 |
(1,221,104) |
(929,520) |
5,874,368 |
| - Borrowings |
18,621,969 |
(1,327,474) |
(1,156,186) |
3,609,760 |
863,141 |
9,363,748 |
639,941 |
(13,894,668) |
16,720,231 |
| - Revolving |
11,218,051 |
(458,887) |
(133,143) |
197,979 |
118,333 |
9,310,872 |
152,596 |
(9,169,193) |
11,236,608 |
| Total |
60,024,793 |
(2,533,357) |
(2,570,401) |
9,807,477 |
3,101,457 |
30,941,195 |
(7,369,140) |
(34,436,202) |
56,965,822 |
| |
|
|
|
|
|
| Consolidated - All stages |
R$ thousands |
| Balance on December 31, 2024 |
Originated |
Maturities/Early Settlements |
(Write off) |
Balance on December 31, 2025 |
| Companies |
316,936,343 |
201,272,491 |
(157,320,222) |
(10,442,821) |
350,445,791 |
| - Financing |
132,471,488 |
60,749,194 |
(55,063,584) |
(580,276) |
137,576,822 |
| - Borrowings |
169,958,830 |
133,812,710 |
(99,352,593) |
(8,537,794) |
195,881,153 |
| - Revolving |
14,506,025 |
6,710,587 |
(2,904,045) |
(1,324,751) |
16,987,816 |
| Individuals |
403,303,243 |
183,334,767 |
(121,622,266) |
(23,993,381) |
441,022,363 |
| - Financing |
144,876,575 |
49,602,018 |
(32,000,265) |
(929,520) |
161,548,808 |
| - Borrowings |
177,325,711 |
102,118,181 |
(75,837,795) |
(13,894,668) |
189,711,429 |
| - Revolving |
81,100,957 |
31,614,568 |
(13,784,206) |
(9,169,193) |
89,762,126 |
| Total |
720,239,586 |
384,607,258 |
(278,942,488) |
(34,436,202) |
791,468,154 |
| |
|
|
|
|
|
|
|
|
|
| Stage 1 |
R$ thousands |
| Balance on December 31, 2023 |
Transfer to Stage 2 |
Transfer to Stage 3 |
Transfer from Stage 2 |
Transfer from Stage 3 |
Originated |
Maturities/Early Settlements |
(Write off) |
Balance on December 31, 2024 |
| Companies |
230,134,580 |
(2,916,216) |
(2,710,348) |
1,246,997 |
154,248 |
181,188,473 |
(122,859,743) |
- |
284,237,991 |
| - Financing |
97,907,233 |
(1,323,740) |
(708,918) |
373,026 |
19,783 |
66,259,620 |
(37,412,250) |
- |
125,114,754 |
| - Borrowings |
121,553,604 |
(1,344,456) |
(1,662,157) |
784,061 |
129,848 |
110,636,823 |
(83,359,740) |
- |
146,737,983 |
| - Revolving |
10,673,743 |
(248,020) |
(339,273) |
89,910 |
4,617 |
4,292,030 |
(2,087,753) |
- |
12,385,254 |
| Individuals |
298,686,536 |
(6,602,772) |
(6,661,202) |
3,794,654 |
874,761 |
171,752,006 |
(114,725,264) |
- |
347,118,719 |
| - Financing |
114,370,195 |
(3,538,512) |
(1,490,449) |
2,092,373 |
172,320 |
52,071,113 |
(31,676,728) |
- |
132,000,312 |
| - Borrowings |
126,474,656 |
(1,731,143) |
(2,599,174) |
971,337 |
591,272 |
99,333,906 |
(73,506,540) |
- |
149,534,314 |
| - Revolving |
57,841,685 |
(1,333,117) |
(2,571,579) |
730,944 |
111,169 |
20,346,987 |
(9,541,996) |
- |
65,584,093 |
| Total |
528,821,116 |
(9,518,988) |
(9,371,550) |
5,041,651 |
1,029,009 |
352,940,479 |
(237,585,007) |
- |
631,356,710 |
| |
|
|
|
|
|
|
|
|
|
| Stage 2 |
R$ thousands |
| Balance on December 31, 2023 |
Transfer to Stage 1 |
Transfer to Stage 3 |
Transfer from Stage 1 |
Transfer from Stage 3 |
Originated |
Maturities/Early Settlements |
(Write off) |
Balance on December 31, 2024 |
| Companies |
12,538,317 |
(1,246,997) |
(3,212,486) |
2,916,216 |
263,379 |
3,230,759 |
(7,542,805) |
- |
6,946,383 |
| - Financing |
1,909,771 |
(373,026) |
(253,708) |
1,323,740 |
25,790 |
449,416 |
(1,220,044) |
- |
1,861,939 |
| - Borrowings |
9,848,560 |
(784,061) |
(2,872,448) |
1,344,456 |
230,002 |
2,533,070 |
(5,936,483) |
- |
4,363,096 |
| - Revolving |
779,986 |
(89,910) |
(86,330) |
248,020 |
7,587 |
248,273 |
(386,278) |
- |
721,348 |
| Individuals |
22,711,786 |
(3,794,654) |
(2,449,308) |
6,602,772 |
873,928 |
8,644,761 |
(10,677,585) |
- |
21,911,700 |
| - Financing |
9,342,632 |
(2,092,373) |
(915,436) |
3,538,512 |
89,680 |
1,821,471 |
(3,341,027) |
- |
8,443,459 |
| - Borrowings |
8,719,543 |
(971,337) |
(945,892) |
1,731,143 |
724,482 |
5,422,959 |
(5,511,470) |
- |
9,169,428 |
| - Revolving |
4,649,611 |
(730,944) |
(587,980) |
1,333,117 |
59,766 |
1,400,331 |
(1,825,088) |
- |
4,298,813 |
| Total |
35,250,103 |
(5,041,651) |
(5,661,794) |
9,518,988 |
1,137,307 |
11,875,520 |
(18,220,390) |
- |
28,858,083 |
| |
|
|
|
|
|
|
|
|
|
| Stage 3 |
R$ thousands |
| Balance on December 31, 2023 |
Transfer to Stage 1 |
Transfer to Stage 2 |
Transfer from Stage 1 |
Transfer from Stage 2 |
Originated |
Maturities/Early Settlements |
(Write off) |
Balance on December 31, 2024 |
| Companies |
26,748,453 |
(154,248) |
(263,379) |
2,710,348 |
3,212,486 |
13,496,446 |
(6,069,813) |
(13,928,324) |
25,751,969 |
| - Financing |
4,912,796 |
(19,783) |
(25,790) |
708,918 |
253,708 |
641,571 |
590,574 |
(1,567,199) |
5,494,795 |
| - Borrowings |
19,843,042 |
(129,848) |
(230,002) |
1,662,157 |
2,872,448 |
12,440,323 |
(6,982,626) |
(10,617,743) |
18,857,751 |
| - Revolving |
1,992,615 |
(4,617) |
(7,587) |
339,273 |
86,330 |
414,552 |
322,239 |
(1,743,382) |
1,399,423 |
| Individuals |
38,867,027 |
(874,761) |
(873,928) |
6,661,202 |
2,449,308 |
15,685,811 |
(2,992,744) |
(24,649,091) |
34,272,824 |
| - Financing |
4,052,392 |
(172,320) |
(89,680) |
1,490,449 |
915,436 |
911,455 |
(1,002,640) |
(1,672,288) |
4,432,804 |
| - Borrowings |
20,411,507 |
(591,272) |
(724,482) |
2,599,174 |
945,892 |
11,281,620 |
(3,691,827) |
(11,608,643) |
18,621,969 |
| - Revolving |
14,403,128 |
(111,169) |
(59,766) |
2,571,579 |
587,980 |
3,492,736 |
1,701,723 |
(11,368,160) |
11,218,051 |
| Total |
65,615,480 |
(1,029,009) |
(1,137,307) |
9,371,550 |
5,661,794 |
29,182,257 |
(9,062,557) |
(38,577,415) |
60,024,793 |
| |
|
|
|
|
|
| Consolidated - All stages |
R$ thousands |
| Balance on December 31, 2023 |
Originated |
Maturities/Early Settlements |
(Write off) |
Balance on December 31, 2024 |
| Companies |
269,421,350 |
197,915,678 |
(136,472,361) |
(13,928,324) |
316,936,343 |
| - Financing |
104,729,800 |
67,350,607 |
(38,041,720) |
(1,567,199) |
132,471,488 |
| - Borrowings |
151,245,206 |
125,610,216 |
(96,278,849) |
(10,617,743) |
169,958,830 |
| - Revolving |
13,446,344 |
4,954,855 |
(2,151,792) |
(1,743,382) |
14,506,025 |
| Individuals |
360,265,349 |
196,082,578 |
(128,395,593) |
(24,649,091) |
403,303,243 |
| - Financing |
127,765,219 |
54,804,039 |
(36,020,395) |
(1,672,288) |
144,876,575 |
| - Borrowings |
155,605,706 |
116,038,485 |
(82,709,837) |
(11,608,643) |
177,325,711 |
| - Revolving |
76,894,424 |
25,240,054 |
(9,665,361) |
(11,368,160) |
81,100,957 |
| Total |
629,686,699 |
393,998,256 |
(264,867,954) |
(38,577,415) |
720,239,586 |
|
| Schedule of reconciliation of expected losses fro m loans and advances to customers |
| Schedule of reconciliation of expected losses fro m loans and advances to customers |
|
|
|
|
|
|
|
|
|
| Stage 1 |
R$ thousands |
| Balance on December 31, 2024 |
Transfer to Stage 2 |
Transfer to Stage 3 |
Transfer from Stage 2 |
Transfer from Stage 3 |
Originated |
Constitution/
(Reversion) (1) |
(Write off) |
Balance on December 31, 2025 |
| Companies |
3,745,866 |
(118,034) |
(120,475) |
67,104 |
363,412 |
1,822,905 |
(2,524,802) |
- |
3,235,976 |
| - Financing |
1,503,946 |
(24,415) |
(17,434) |
17,547 |
38,105 |
412,466 |
(776,010) |
- |
1,154,205 |
| - Borrowings |
1,669,722 |
(81,136) |
(97,220) |
46,133 |
315,136 |
1,203,569 |
(1,581,706) |
- |
1,474,498 |
| - Revolving |
572,198 |
(12,483) |
(5,821) |
3,424 |
10,171 |
206,870 |
(167,086) |
- |
607,273 |
| Individuals |
7,257,404 |
(219,071) |
(215,722) |
286,340 |
1,036,097 |
3,243,381 |
(3,789,382) |
- |
7,599,047 |
| - Financing |
374,887 |
(28,164) |
(24,133) |
41,539 |
79,521 |
240,966 |
(186,039) |
- |
498,577 |
| - Borrowings |
3,461,557 |
(122,101) |
(173,012) |
211,741 |
749,624 |
2,144,110 |
(2,433,389) |
- |
3,838,530 |
| - Revolving |
3,420,960 |
(68,806) |
(18,577) |
33,060 |
206,952 |
858,305 |
(1,169,954) |
- |
3,261,940 |
| Total |
11,003,270 |
(337,105) |
(336,197) |
353,444 |
1,399,509 |
5,066,286 |
(6,314,184) |
- |
10,835,023 |
| |
|
|
|
|
|
|
|
|
|
| Stage 2 |
R$ thousands |
| Balance on December 31, 2024 |
Transfer to Stage 1 |
Transfer to Stage 3 |
Transfer from Stage 1 |
Transfer from Stage 3 |
Originated |
Constitution/
(Reversion) (1) |
(Write off) |
Balance on December 31, 2025 |
| Companies |
1,015,120 |
(67,104) |
(163,469) |
118,034 |
644,503 |
710,708 |
(914,577) |
- |
1,343,215 |
| - Financing |
258,842 |
(17,547) |
(44,988) |
24,415 |
7,891 |
99,472 |
(103,965) |
- |
224,120 |
| - Borrowings |
620,261 |
(46,133) |
(113,420) |
81,136 |
628,395 |
466,187 |
(721,385) |
- |
915,041 |
| - Revolving |
136,017 |
(3,424) |
(5,061) |
12,483 |
8,217 |
145,049 |
(89,227) |
- |
204,054 |
| Individuals |
3,200,306 |
(286,340) |
(420,849) |
219,071 |
785,417 |
2,243,170 |
(1,900,194) |
- |
3,840,581 |
| - Financing |
404,722 |
(41,539) |
(119,299) |
28,164 |
48,875 |
181,708 |
98 |
- |
502,729 |
| - Borrowings |
2,107,776 |
(211,656) |
(277,460) |
122,296 |
679,648 |
1,390,225 |
(1,345,335) |
- |
2,465,494 |
| - Revolving |
687,808 |
(33,145) |
(24,090) |
68,611 |
56,894 |
671,237 |
(554,957) |
- |
872,358 |
| Total |
4,215,426 |
(353,444) |
(584,318) |
337,105 |
1,429,920 |
2,953,878 |
(2,814,771) |
- |
5,183,796 |
| |
|
|
|
|
|
|
|
|
|
| Stage 3 |
R$ thousands |
| Balance on December 31, 2024 |
Transfer to Stage 1 |
Transfer to Stage 2 |
Transfer from Stage 1 |
Transfer from Stage 2 |
Originated |
Constitution/
(Reversion) (1) |
(Write off) |
Balance on December 31, 2025 |
| Companies |
15,492,712 |
(363,412) |
(644,503) |
120,475 |
163,469 |
5,530,824 |
2,904,118 |
(10,442,821) |
12,760,862 |
| - Financing |
2,149,523 |
(38,105) |
(7,891) |
17,434 |
44,988 |
208,917 |
(97,512) |
(580,276) |
1,697,078 |
| - Borrowings |
12,483,496 |
(315,136) |
(628,395) |
97,220 |
113,420 |
4,486,131 |
2,227,456 |
(8,537,794) |
9,926,398 |
| - Revolving |
859,693 |
(10,171) |
(8,217) |
5,821 |
5,061 |
835,776 |
774,174 |
(1,324,751) |
1,137,386 |
| Individuals |
20,851,509 |
(1,036,097) |
(785,417) |
215,722 |
420,849 |
12,772,323 |
12,868,093 |
(23,993,381) |
21,313,601 |
| - Financing |
1,710,662 |
(79,521) |
(48,875) |
24,133 |
119,299 |
476,260 |
1,298,384 |
(929,520) |
2,570,822 |
| - Borrowings |
12,317,493 |
(749,622) |
(679,645) |
173,013 |
277,460 |
6,314,435 |
7,841,495 |
(13,894,668) |
11,599,961 |
| - Revolving |
6,823,354 |
(206,954) |
(56,897) |
18,576 |
24,090 |
5,981,628 |
3,728,214 |
(9,169,193) |
7,142,818 |
| Total |
36,344,221 |
(1,399,509) |
(1,429,920) |
336,197 |
584,318 |
18,303,147 |
15,772,211 |
(34,436,202) |
34,074,463 |
| |
|
|
|
|
|
| Consolidated - All stages |
R$ thousands |
| Balance on December 31, 2024 |
Originated |
Constitution/
(Reversion) (1) |
(Write off) |
Balance on December 31, 2025 |
| Companies |
20,253,698 |
8,064,437 |
(535,261) |
(10,442,821) |
17,340,053 |
| - Financing |
3,912,311 |
720,855 |
(977,487) |
(580,276) |
3,075,403 |
| - Borrowings |
14,773,479 |
6,155,887 |
(75,635) |
(8,537,794) |
12,315,937 |
| - Revolving |
1,567,908 |
1,187,695 |
517,861 |
(1,324,751) |
1,948,713 |
| Individuals |
31,309,219 |
18,258,874 |
7,178,517 |
(23,993,381) |
32,753,229 |
| - Financing |
2,490,271 |
898,934 |
1,112,443 |
(929,520) |
3,572,128 |
| - Borrowings |
17,886,826 |
9,848,770 |
4,062,771 |
(13,894,668) |
17,903,699 |
| - Revolving |
10,932,122 |
7,511,170 |
2,003,303 |
(9,169,193) |
11,277,402 |
| Total |
51,562,917 |
26,323,311 |
6,643,256 |
(34,436,202) |
50,093,282 |
| (1) | | Relates to early settlements, maturities and modifications. |
| |
|
|
|
|
|
|
|
|
|
| Stage 1 |
R$ thousands |
| Balance on December 31, 2023 |
Transfer to Stage 2 |
Transfer to Stage 3 |
Transfer from Stage 2 |
Transfer from Stage 3 |
Originated |
Constitution/
(Reversion) (1) |
(Write off) |
Balance on December 31, 2024 |
| Companies |
3,710,730 |
(116,449) |
(134,318) |
166,683 |
63,654 |
2,411,870 |
(2,356,304) |
- |
3,745,866 |
| - Financing |
1,269,857 |
(29,252) |
(13,511) |
68,404 |
6,305 |
620,597 |
(418,454) |
- |
1,503,946 |
| - Borrowings |
1,919,049 |
(74,163) |
(103,007) |
91,372 |
53,871 |
1,596,733 |
(1,814,133) |
- |
1,669,722 |
| - Revolving |
521,824 |
(13,034) |
(17,800) |
6,907 |
3,478 |
194,540 |
(123,717) |
- |
572,198 |
| Individuals |
6,245,565 |
(185,973) |
(259,775) |
272,766 |
334,396 |
3,875,327 |
(3,024,902) |
- |
7,257,404 |
| - Financing |
437,273 |
(37,461) |
(23,115) |
82,535 |
38,354 |
183,386 |
(306,085) |
- |
374,887 |
| - Borrowings |
2,457,473 |
(76,558) |
(108,329) |
141,655 |
238,173 |
2,472,719 |
(1,663,576) |
- |
3,461,557 |
| - Revolving |
3,350,819 |
(71,954) |
(128,331) |
48,576 |
57,869 |
1,219,222 |
(1,055,241) |
- |
3,420,960 |
| Total |
9,956,295 |
(302,422) |
(394,093) |
439,449 |
398,050 |
6,287,197 |
(5,381,206) |
- |
11,003,270 |
| |
|
|
|
|
|
|
|
|
|
| Stage 2 |
R$ thousands |
| Balance on December 31, 2023 |
Transfer to Stage 1 |
Transfer to Stage 3 |
Transfer from Stage 1 |
Transfer from Stage 3 |
Originated |
Constitution/
(Reversion) (1) |
(Write off) |
Balance on December 31, 2024 |
| Companies |
2,407,449 |
(166,683) |
(558,573) |
116,449 |
109,540 |
510,283 |
(1,403,345) |
- |
1,015,120 |
| - Financing |
277,782 |
(68,404) |
(37,072) |
29,252 |
15,227 |
66,023 |
(23,966) |
- |
258,842 |
| - Borrowings |
1,968,250 |
(91,372) |
(510,770) |
74,163 |
90,757 |
386,785 |
(1,297,552) |
- |
620,261 |
| - Revolving |
161,417 |
(6,907) |
(10,731) |
13,034 |
3,556 |
57,475 |
(81,827) |
- |
136,017 |
| Individuals |
3,073,021 |
(272,766) |
(379,103) |
185,973 |
313,107 |
1,747,141 |
(1,467,067) |
- |
3,200,306 |
| - Financing |
468,003 |
(82,535) |
(71,207) |
37,461 |
20,459 |
155,931 |
(123,390) |
- |
404,722 |
| - Borrowings |
1,860,757 |
(141,655) |
(239,411) |
76,558 |
265,398 |
1,297,469 |
(1,011,340) |
- |
2,107,776 |
| - Revolving |
744,261 |
(48,576) |
(68,485) |
71,954 |
27,250 |
293,741 |
(332,337) |
- |
687,808 |
| Total |
5,480,470 |
(439,449) |
(937,676) |
302,422 |
422,647 |
2,257,424 |
(2,870,412) |
- |
4,215,426 |
| |
|
|
|
|
|
|
|
|
|
| Stage 3 |
R$ thousands |
| Balance on December 31, 2023 |
Transfer to Stage 1 |
Transfer to Stage 2 |
Transfer from Stage 1 |
Transfer from Stage 2 |
Originated |
Constitution/
(Reversion) (1) |
(Write off) |
Balance on December 31, 2024 |
| Companies |
17,045,918 |
(63,654) |
(109,540) |
134,318 |
558,573 |
7,338,511 |
4,516,910 |
(13,928,324) |
15,492,712 |
| - Financing |
2,405,662 |
(6,305) |
(15,227) |
13,511 |
37,072 |
326,738 |
955,271 |
(1,567,199) |
2,149,523 |
| - Borrowings |
13,348,041 |
(53,871) |
(90,757) |
103,007 |
510,770 |
6,786,917 |
2,497,132 |
(10,617,743) |
12,483,496 |
| - Revolving |
1,292,215 |
(3,478) |
(3,556) |
17,800 |
10,731 |
224,856 |
1,064,507 |
(1,743,382) |
859,693 |
| Individuals |
21,179,127 |
(334,396) |
(313,107) |
259,775 |
379,103 |
9,908,384 |
14,421,714 |
(24,649,091) |
20,851,509 |
| - Financing |
1,380,788 |
(38,354) |
(20,459) |
23,115 |
71,207 |
406,606 |
1,560,047 |
(1,672,288) |
1,710,662 |
| - Borrowings |
10,928,409 |
(238,173) |
(265,398) |
108,329 |
239,411 |
7,272,869 |
5,880,689 |
(11,608,643) |
12,317,493 |
| - Revolving |
8,869,930 |
(57,869) |
(27,250) |
128,331 |
68,485 |
2,228,909 |
6,980,978 |
(11,368,160) |
6,823,354 |
| Total |
38,225,045 |
(398,050) |
(422,647) |
394,093 |
937,676 |
17,246,895 |
18,938,624 |
(38,577,415) |
36,344,221 |
| |
|
|
|
|
|
| Consolidated - All stages |
R$ thousands |
| Balance on December 31, 2023 |
Originated |
Constitution/
(Reversion) (1) |
(Write off) |
Balance on December 31, 2024 |
| Companies |
23,164,097 |
10,260,664 |
757,261 |
(13,928,324) |
20,253,698 |
| - Financing |
3,953,301 |
1,013,358 |
512,851 |
(1,567,199) |
3,912,311 |
| - Borrowings |
17,235,340 |
8,770,435 |
(614,553) |
(10,617,743) |
14,773,479 |
| - Revolving |
1,975,456 |
476,871 |
858,963 |
(1,743,382) |
1,567,908 |
| Individuals |
30,497,713 |
15,530,852 |
9,929,745 |
(24,649,091) |
31,309,219 |
| - Financing |
2,286,064 |
745,923 |
1,130,572 |
(1,672,288) |
2,490,271 |
| - Borrowings |
15,246,639 |
11,043,057 |
3,205,773 |
(11,608,643) |
17,886,826 |
| - Revolving |
12,965,010 |
3,741,872 |
5,593,400 |
(11,368,160) |
10,932,122 |
| Total |
53,661,810 |
25,791,516 |
10,687,006 |
(38,577,415) |
51,562,917 |
| (1) | | Relates to early settlements, maturities and modifications. |
|
| Schedule of sensitivity analysis |
| Schedule of sensitivity analysis |
|
|
|
|
| |
On December 31, 2025 - R$ thousands |
| Weighting |
Constitution/
(Reversion) |
| Base Scenario |
Optimistic Scenario* |
Pessimistic Scenario** |
| Simulation 1 |
100% |
- |
- |
(320,747) |
| Simulation 2 |
- |
100% |
- |
(624,285) |
| Simulation 3 |
- |
- |
100% |
813,197 |
| * | | Scenario in which the economy grows more than expected.
|
| ** | | Scenario in which the economy grows less than expected. |
|
| Schedule of expected loss on loans and advances |
| Schedule of expected loss on loans and advances |
|
|
|
| |
R$ thousands |
| Year ended December 31 |
| 2025 |
2024 |
2023 |
| Amount recorded |
34,438,405 |
36,478,523 |
34,849,384 |
| Amount recovered |
(5,760,548) |
(9,841,746) |
(4,672,395) |
| Expected credit losses on loans and advances |
28,677,857 |
26,636,777 |
30,176,989 |
|
| Schedule of loans and advances to customers renegotiated |
| Schedule of loans and advances to customers renegotiated |
|
|
| |
R$ thousands |
| On December 31, 2025 |
On December 31, 2024 |
| Opening balance |
34,755,068 |
39,111,735 |
| Amount restructured |
18,414,187 |
26,780,598 |
| Amount received/Others (1) |
(13,955,482) |
(18,853,221) |
| Write-offs |
(12,601,134) |
(12,284,044) |
| Closing balance |
26,612,639 |
34,755,068 |
| Expected credit losses on loans and advances |
(13,582,459) |
(19,091,460) |
| Total restructured loans and advances to customers, net of expected credit losses |
13,030,180 |
15,663,608 |
| |
|
|
| Expected credit losses of restructured loans and advances as a percentage of restructured portfolio |
51.0% |
54.9% |
| Total restructured loans and advances as a percentage of the total loan portfolio |
3.4% |
4.8% |
| Total restructured loans and advances as a percentage of the total loans portfolio, net of expected credit losses |
3.6% |
5.2% |
| (1) | | Includes the settlement of restructured
contracts through new operations. |
|