- Total assets of BTG Pactual stood at R$685.0 billion, meeting the estimated R$680.3 billion.
- The company reported an adjusted net income of R$4.54 billion, marking a 42% year-over-year increase.
- Net income was recorded at R$4.34 billion, reflecting a 41% increase compared to the previous year.
- Total revenue for the quarter reached R$8.82 billion.
- Return on average equity was reported at 28.1% for the quarter.
- The adjusted efficiency ratio improved to 34.1% from the previous year’s 36.4%.
- Analyst ratings show 12 buy recommendations, 3 holds, and no sells for BTG Pactual.
A look at Banco BTG Pactual Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Banco BTG Pactual shows a promising long-term outlook. With a strong momentum score of 5, the company is displaying positive market trends and investor sentiment. Additionally, Banco BTG Pactual received a growth score of 4, indicating potential for expansion and improvement in its financial performance. This suggests that the company is well-positioned to capitalize on growth opportunities in the future.
While Banco BTG Pactual has average scores in terms of value and dividend at 2, its resilience score of 3 reflects a moderate ability to weather economic downturns. Overall, Banco BTG Pactual, a financial services provider in Brazil, appears to have a favorable outlook for the long term, especially in terms of growth potential and market momentum.
### Summary: Banco BTG Pactual S/A. provides financial services in Brazil, including asset and wealth management, investment banking, trading, corporate lending, sales, and related solutions. ###
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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