Caixa Econômica Federal has internet recurring earnings of 1.9 billion Brazilian reals Within the first quarter, a lower of 23.9% in comparison with the identical interval in 2022, the financial institution reported on Thursday (11).
The overall credit score portfolio of the state-owned financial institution amounted to greater than 1 trillion Brazilian reals Within the quarter ending in March, a rise of 16.6% in comparison with the identical interval in 2022.
Monetary margin elevated by 30.4% to 13.9 billion Brazilian realsSpecializing in rising earnings from credit score operations (41.6%) and issuance of by-product securities (38.8%).
Complete mortgage portfolio income within the first quarter 29.3 billion Brazilian realsWith progress within the annual comparability of actual property credit score for people, firms, sanitation, infrastructure and agribusiness.
The corporate mentioned the default price within the third quarter rose 0.4 proportion level in 12 months to 2.73% affected by a selected buyer within the wastewater/infrastructure sector. No matter this buyer the index will likely be 2.38%.
The overall fairness of Caixa 124.5 billion Brazilian realsa rise of 5.4% in 12 months.