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Aug 21, 2024 10:30 PM

CAIXA: RECURRING NET INCOME OF R$ 6.2 BILLION IN 1H24, UP 36.6% OVER 1H23, AND R$ 3.3 BILLION IN 2Q24, UP 27.3% OVER 2Q23

BRASÍLIA, Brazil, Aug. 21, 2024 /PRNewswire/ -- CAIXA ECONÔMICA FEDERAL ("CAIXA"), the largest Brazilian bank in number of clients, credit, digital accounts, and savings deposits, announces its consolidated result for the second quarter (2Q24).

HIGHLIGHTS:

I. Recurring Net Income of R$ 6.2 billion in 1H24, up 36.6% over 1H23;

II. Financial Margin reached R$ 30.8 billion in 1H24, up 6.9% over 1H23;

III. Revenues from Services reached R$ 13.4 billion in 1H24, up 6.7% in 12 months;

IV. Total Loan Portfolio reached a balance of R$ 1.175 trillion in Jun24, up 10.6% over Jun23;

V. Balance of R$ 805.0 billion of sustainable finance portfolio in Jun24, up 14.5% in 12 months;