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Banco do Brasil S.A. (BDORY) Analyst/Investor Day Transcript
2026-04-28 · via All Articles on Seeking Alpha

Banco do Brasil S.A. (BDORY) Analyst/Investor Day April 23, 2026 8:00 AM EDT

Company Participants

Janaína Storti - Investor Relations Head
Ricardo Sasseron
Ana Cristina Garcia - Chief Corporate Officer & Member of Executive Board
Francisco Lassalvia Gerson - Chief Wholesale Officer & Member of Executive Board
Marcelo Oliveira Alexandre
Gilson Bittencourt - Chief Agribusiness & Family Farming Officer and Member of Executive Board
Felipe Guimaraes Prince - Chief Internal Controls & Risk Management and Member of Executive Board
Carla Nesi
Marisa Reghini
Tarciana Gomes Medeiros - CEO, President of Executive Board & Director

Conference Call Participants

Thiago Bovolenta Batista - UBS Investment Bank, Research Division

Presentation

Janaína Storti
Investor Relations Head

[Foreign Language]

Unknown Executive

[Foreign Language]

Great transparency and our commitment to ensure sustainability of Banco do Brasil in the long run is what really moves us forward because as I said, the bank has over 200 years of history. And I know that analysts and the market, they sometimes tend to look at the quarter, but we want to bring another perspective to you because if you look at the trajectory of Banco do Brasil, I mean, it's very important that you understand why I am saying this. But when we look at the snapshot of 2025, and certainly, this has been reflected in the price of our shares. There is one factor that was quite relevant, the increase in credit risk.

And in the next slide, I show you something that was certainly the agribusiness portfolio. And this is Banco do Brasil's main differential is one of the main purposes of the bank, which is to fund one of the most important industries of the country that certainly contributes to the growth of GDP. And I'm referring to the Brazilian agribusiness sector and family agri.

But then when we look at the portfolio