Banco Pan presented the following indicators in the third quarter of 2023:
- In the last line of the Income Statement we have Net Profit: R$ 198 million, an increase of 4% compared to the previous quarter.
- Payroll Loan Portfolio: R$10,458 million in 3Q23, compared to R$9,653 million in 2Q23.
- Vehicle Loan Portfolio : R$20,070 million in 3Q23, an increase of 6% compared to R$18,866 million in 2Q23.
- Issuance of 83 thousand new credit cards in 3Q23, a reduction of 52% compared to the 173 thousand in 3Q22.
- Personal Loan Portfolio : R$301 million in 3Q23, compared to R$334 million in 2Q23 and R$512 million in 3Q22.
- Default: The indicator of loans overdue for more than 90 days was 7.9% in 3Q23, compared to 8.0% in 2Q23.
- Financial Margin: R$1,889 million in 3Q23, compared to R$1,928 million in 3Q22.
- Annualized ROE Adjusted for Goodwill: 11.5% in 3Q23, compared to 11.2% in 2Q23 and 11.7% in 3Q22.
- Consolidated Shareholders' Equity : R$8,006 million in 3Q23, compared to R$7,897 million in 2Q23 and R$7,792 million in 3Q22.
- Management Basel Ratio (Proforma): 15.8% in 3Q23, compared to 15.0% in 2Q23.
- Dividend Announcement : There was no dividend announcement in the period.
These indicators provide an overview of Banco Pan's performance in the third quarter of 2023. Therefore, we hope that the day will be positive for investors in this asset.