Banco Santander (Brasil) S.A. (BSBR) Q1 2024 Earnings Call Transcript Summary
Banco Santander (Brasil) S.A. (BSBR) Q1 2024 Earnings Call Transcript Summary
The following is a summary of the Banco Santander (Brasil) S.A. (BSBR) Q1 2024 Earnings Call Transcript:
以下是桑坦德銀行（巴西）有限公司（BSBR）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Banco Santander (Brasil) S.A. reported a growth in its Net Interest Income (NII) by 14%.
A profit slightly above BRL3 billion was posted, indicating a quality turnaround in growth.
The Return on Equity (ROE) slightly exceeded its cost of equity.
A positive growth in net interest income (NII) of 14.5% compared to the previous year and 7.3% over the last quarter was reported.
The bank's loan portfolio grew by 5%, with emphasis on auto loans and SMEs.
Noted was a 10% growth in terms of liabilities over the past 12 months, mainly driven by time deposits and real estate LCI and agribusiness LCA credit notes.
Despite a slight contraction in quarterly fees due to seasonal factors, an overall year-on-year expansion of 12.8% was observed.
The net income for the bank was reported at BRL 3 billion, up 41% in 12 months with a year-on-year total revenue increase of 14%.
桑坦德銀行（巴西）股份有限公司報告稱，其淨利息收入（NII）增長了14％。
公佈的利潤略高於30億巴西雷拉，這表明增長出現了質量轉機。
股本回報率（ROE）略高於其股本成本。
據報道，淨利息收入（NII）與去年同期相比正增長14.5％，比上個季度增長7.3％。
該銀行的貸款組合增長了5％，重點是汽車貸款和中小企業。
值得注意的是，在過去的12個月中，負債增長了10％，這主要是由定期存款和房地產LCI以及農業綜合企業LCA信用票據推動的。
儘管由於季節性因素，季度費用略有收縮，但總體同比增長了12.8％。
該銀行的淨收入爲30億雷亞爾，在12個月內增長41％，總收入同比增長14％。
Business Progress:
業務進展：
Banco Santander is undergoing a major transformation that includes a redesigned store model and a unique service for Small and Medium Enterprises (SMEs).
Positive results in customer loyalty and satisfaction were observed via an increased Net Promoter Score (NPS) across all channels, products, and segments.
With a focus on mass retail, a repositioning strategy was launched to better communicate and establish relationships with clients.
Over 90% of their clients use their app, indicating an acceleration in their digital-first strategies.
The bank launched a comprehensive relaunch of its value proposition for a brand repositioning for mass retail with an aim of being more present in its client's lives.
There are projections of a consistent revenue growth for 2024 due to portfolio diversification, with strategies focused on gradually resuming business dynamics.
With an aim to improve customer relationships, a new positioning integrative of physical stores into its multi-channel approach was launched.
An improvement in cost of credit and business growth in select sectors is expected, aiming for a more profitable portfolio.
To maintain cost control, efforts in optimizing its footprint and cost-to-serve ratio will be maintained.
There is confidence in their redesigned strategies, particularly in the Select segment where growth is anticipated.
An improvement in the quality and mix of their portfolio and renegotiating written-off loans to reduce the renegotiated portfolio is expected.
Banco Santander Brazil expects to have a solid growth of 5% in portfolio year-over-year.
They are comfortable with the direction they are taking, focusing on quality portfolios and looking to accelerate focus on cards.
桑坦德銀行正在進行重大轉型，其中包括重新設計的門店模式和爲中小型企業（SME）提供的獨特服務。
通過提高所有渠道、產品和細分市場的淨推薦值（NPS），在客戶忠誠度和滿意度方面取得了積極成果。
以大衆零售爲重點，啓動了重新定位戰略，以更好地與客戶溝通並建立關係。
超過90％的客戶使用他們的應用程序，這表明他們的數字優先戰略正在加速。
該銀行全面重啓了其價值主張，以重新定位大衆零售的品牌，以期更多地出現在客戶的生活中。
由於投資組合的多元化，預計2024年的收入將持續增長，戰略側重於逐步恢復業務動態。
爲了改善客戶關係，推出了將實體店納入其多渠道方法的新定位。
預計部分行業的信貸成本和業務增長將有所改善，以實現更有利可圖的投資組合。
爲了保持成本控制，將繼續努力優化其佔地面積和成本與服務比率。
他們對重新設計的戰略充滿信心，尤其是在預計增長的精選細分市場。
預計其投資組合的質量和組合將有所改善，並重新談判註銷貸款以減少重新談判的投資組合。
巴西桑坦德銀行預計，投資組合將同比穩步增長5％。
他們對自己的前進方向感到滿意，專注於高質量的投資組合，並希望加快對卡片的關注。
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：本文由 AI 生成。無法完全保證內容的準確性。欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。