TBNEconomy
BB profit falls 66.5% in the 3rd quarter with non-compliance of agro
Publication: Feed Editoria
Author: Wellton Máximo – Repórter da Agência Brasil
Source published: 12/11/2026, 01:20:00 UTC
Briefing created: 12/11/2026, 02:29:19 UTC
Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 12/11/2026, 02:24:24 UTC.
Briefings
Banco do Brasil reported a 66.5% drop in adjusted net profit for the third quarter of 2026, driven by a 18.4% rise in credit costs due to high non-performing loans, particularly in agriculture. The bank reduced its 2026 profit forecast to R$ 9-11 billion and raised credit loss provisions to R$ 21.2 billion. Non-performing loans reached 6.08% in September, with agriculture and individuals showing the highest rates. Dividend payouts were cut to 25% of profits, and the bank's Basel III capital adequacy index fell to 13.45%.
Key points
- Banco do Brasil reported a 66.5% drop in adjusted net profit for the third quarter of 2026, driven by a 18.4% rise in credit costs due to high non-performing loans, particularly in agriculture.
- Non-performing loans reached 6.08% in September, with agriculture and individuals showing the highest rates, while the bank's Basel III capital adequacy index fell to 13.45%.
Context
The article details Banco do Brasil's financial performance in Q3 2026, noting a 66.5% profit decline compared to the previous year. It highlights that non-performing loans increased by 18.4%, with agriculture being the primary driver. The bank adjusted its 2026 profit forecast to R$ 9-11 billion and raised credit loss provisions to R$ 21.2 billion.
Limitations
Data covers only the third quarter of 2026 and September 2026. The source does not provide additional background on the broader economic context or the specific reasons for the agricultural sector's loan growth beyond the general increase in non-performing loans.
Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 12/11/2026, 02:29:19 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.
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