Banco do Brasil Stock Plummets 12% on Profit Drop and Rising Delinquency
A journalist graduated from Cásper Líbero, with a postgraduate degree in political marketing and electoral propaganda from USP. He worked for ESPN's website, for which he traveled to China to cover the Beijing Olympics in 2008. He also worked at Metrópoles, InfoMoney, O Antagonista, iG, and Terra, covering politics and economy. As a press officer, he worked in the Chamber of Deputies and the Ministry of Culture. He is the author of the books "Dias: A Vida do Maior Jogador do São Paulo nos Anos 1960" and "20 Jogos Eternos do São Paulo."
TL;DR
- Banco do Brasil's stock dropped significantly on the B3 following the announcement of its Q3 2026 results.
- The bank reported an adjusted net profit of R$ 1.3 billion, a decrease of over 65% compared to Q3 2025.
- The annual profit forecast was revised downwards from R$ 18-22 billion to R$ 9-11 billion.
- Agribusiness defaults and rising credit costs were identified as the main challenges impacting the results.
- Delinquency rates, particularly among medium and large-scale producers of soy, corn, and livestock in the Center-West region, are a key concern.