Subscribe

Banco do Estado do Rio Grande do Sul S.A. (BRSR6.SA)

BRL14.33 -0.14 (-0.97%)
BR SAO Financial Services Banks - Regional
Address Rua CapitAo Montanha, 177 90010-040
Porto Alegre, RS, BR
CEO Fernando Guerreiro De Lemos
IPO 2008-01-02
ISIN BRBRSRACNPB4

Explore sections of this company profile

Also trades on B3 S.A. · BRSR3.SA (BRL) B3 S.A. · BRSR5.SA (BRL) B3 S.A. · BRSR6.SA (BRL)
Description

Operating as a diversified financial institution, Banco do Estado do Rio Grande do Sul S.A. delivers a comprehensive suite of banking solutions and services, primarily across Brazil, Miami, and the Grand Cayman. Its offerings encompass various loan types, such as payroll-deductible, general payroll, consumer, overdraft, real estate, and rural development financing, in addition to issuing debit and credit cards. Beyond these core banking services, the institution provides international and foreign exchange facilities, a range of personal and property insurance products, capitalization bonds, and supplementary pension plans, while also acting as a financial agent. To serve its clientele, the bank maintains an extensive operational network consisting of 497 physical branches, 138 service centers, and 427 electronic kiosks. Established in 1928, the company's headquarters are located in Porto Alegre, Brazil.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
BRL14.33 -0.14 (-0.97%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
2M
Beta
0.18
Float Shares
408.28M
Free Float %
99.8%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.69% -5.64% -13.51% -23.81% +2.78% -5.94% +18.42% +46.19% +45.60% +193.88% +370.59%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
14.33
DCF (Unlevered) 45.12 +214.9%
DCF (Levered) 105.96 +639.4%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 0% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 0 0
Hold 4 -3
Sell 1 0
Strong Sell 3 0
Quality scores
Altman Z-Score
0.15
Distress
Piotroski F-Score
6 / 9
Average
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
4 / 5
High
ROA Score
4 / 5
High
D/E Score
2 / 5
Medium
P/E Score
4 / 5
High
P/Book Score
4 / 5
High
Operational MOAT
★ Strong MOAT
  • Revenue growth
    +267.3% Q1'26: +14.9% (vs Q1'25)
  • EPS growth
    +135.4% Q1'26: +22.2% (vs Q1'25)
  • FCF margin
    Q1'26: +27.9% (vs Q1'25)
  • EBIT margin
    Q1'26: +5.3% (vs Q1'25)
  • ROIC
    Q1'26: +3.0% (vs Q1'25)
  • Share dilution
    +0.0% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA
    Q1'26: 24.75× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.83) × ERP
WACC = 39% × Ke + 61% × Kd (143.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 45.12 Current price: 14.33
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
6 Rev. Ana.
6 EPS Ana.
Dec 2027
6 Rev. Ana.
6 EPS Ana.
Dec 2028
2 Rev. Ana.
3 EPS Ana.
Revenue
6.23B
est: 5.85B (+6.4%)
7.12B
est: 6.85B (+3.9%)
7.64B
est: 6.90B (+10.7%)
7.98B
est: 6.86B (+16.3%)
8.12B
est: 7.93B (+2.4%)
7.61B
est: 6.78B (+12.3%)
7.20B
est: 7.00B (+2.9%)
7.19B
est: 6.67B (+7.8%)
6.35B
est: 7.81B (-18.6%)
6.46B
est: 8.79B (-26.5%)
23.73B
est: 9.11B (+160.6%)
9.68B
8.99B – 10.39B
+6.3% YoY
10.46B
9.51B – 11.36B
+8.0% YoY
11.69B
10.74B – 12.63B
+11.8% YoY
EBITDA
est: 515.35M (-100.0%)
est: 603.26M (-100.0%)
est: 607.06M (-100.0%)
est: 603.60M (-100.0%)
1.81B
est: 697.99M (+159.3%)
1.32B
est: 596.82M (+120.9%)
1.60B
est: 616.45M (+159.7%)
est: 587.13M (-100.0%)
est: 687.35M (-100.0%)
1.78B
est: 1.04B (+71.2%)
2.20B
est: 1.07B (+104.9%)
1.14B
1.06B – 1.23B
+6.3% YoY
1.23B
1.12B – 1.34B
+8.0% YoY
1.38B
1.27B – 1.49B
+11.8% YoY
EBIT
-53.07M
est: 354.52M (-115.0%)
-148.23M
est: 414.99M (-135.7%)
-188.50M
est: 417.60M (-145.1%)
-199.59M
est: 415.22M (-148.1%)
1.60B
est: 480.16M (+233.1%)
1.10B
est: 410.56M (+166.8%)
1.36B
est: 424.06M (+219.8%)
-353.19M
est: 403.89M (-187.4%)
-370.82M
est: 472.84M (-178.4%)
1.37B
est: 663.51M (+106.2%)
2.01B
est: 687.11M (+193.0%)
730.63M
678.52M – 784.21M
+6.3% YoY
789.06M
717.66M – 856.88M
+8.0% YoY
882.17M
810.50M – 952.63M
+11.8% YoY
Net Income
848.77M
est: 759.30M (+11.8%)
659.69M
est: 647.89M (+1.8%)
1.05B
est: 803.74M (+31.0%)
1.05B
est: 1.06B (-0.8%)
1.34B
est: 1.25B (+7.7%)
727.48M
est: 681.68M (+6.7%)
948.54M
est: 924.22M (+2.6%)
714.93M
est: 734.88M (-2.7%)
870.10M
est: 854.41M (+1.8%)
727.25M
est: 877.58M (-17.1%)
1.71B
est: 1.34B (+27.5%)
1.24B
1.15B – 1.32B
-7.6% YoY
1.36B
1.33B – 1.39B
+9.4% YoY
1.49B
1.33B – 1.65B
+9.7% YoY
SGA
580.29M
est: 665.89M (-12.9%)
680.48M
est: 779.48M (-12.7%)
727.52M
est: 784.39M (-7.3%)
834.05M
est: 779.91M (+6.9%)
842.99M
est: 901.88M (-6.5%)
1.63B
est: 771.16M (+111.3%)
1.37B
est: 796.52M (+72.6%)
1.47B
est: 758.64M (+94.3%)
1.53B
est: 888.13M (+72.0%)
1.15B
est: 1.56B (-26.4%)
1.72B
est: 1.61B (+6.8%)
1.72B
1.59B – 1.84B
+6.3% YoY
1.85B
1.69B – 2.01B
+8.0% YoY
2.07B
1.90B – 2.24B
+11.8% YoY
EPS
2.08
est: 1.86 (+12.0%)
1.61
est: 1.58 (+1.6%)
2.57
est: 1.97 (+30.8%)
2.56
est: 2.59 (-1.0%)
3.29
est: 3.05 (+7.8%)
1.78
est: 1.67 (+6.8%)
2.32
est: 2.26 (+2.7%)
2.06
est: 1.80 (+14.6%)
2.13
est: 2.09 (+2.0%)
1.78
est: 2.15 (-17.0%)
4.19
est: 3.29 (+27.4%)
3.04
2.81 – 3.22
-7.6% YoY
3.32
3.24 – 3.39
+9.4% YoY
3.64
3.26 – 4.02
+9.7% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-15 B+ 3/5 1/5 4/5 4/5 2/5 4/5 4/5
2026-05-14 B+ 3/5 1/5 4/5 4/5 2/5 4/5 4/5
2026-05-13 B+ 3/5 1/5 4/5 4/5 2/5 4/5 4/5
2026-05-12 B+ 3/5 1/5 4/5 4/5 2/5 4/5 4/5
2026-05-11 B+ 3/5 1/5 4/5 4/5 2/5 4/5 4/5
2026-05-08 B+ 3/5 1/5 4/5 4/5 2/5 4/5 4/5
2026-05-07 B+ 3/5 1/5 4/5 4/5 2/5 4/5 4/5
2026-05-06 B+ 3/5 1/5 4/5 4/5 2/5 4/5 4/5
2026-05-05 B+ 3/5 1/5 4/5 4/5 2/5 4/5 4/5
2026-05-04 B+ 3/5 1/5 4/5 4/5 2/5 4/5 4/5
2026-04-30 B+ 3/5 1/5 4/5 4/5 2/5 4/5 4/5
2026-04-29 B+ 3/5 1/5 4/5 4/5 2/5 4/5 4/5
2026-04-28 B+ 3/5 1/5 4/5 4/5 2/5 4/5 4/5
2026-04-27 B+ 3/5 1/5 4/5 4/5 2/5 4/5 4/5
2026-04-24 B+ 3/5 1/5 4/5 4/5 1/5 4/5 4/5
2026-04-23 B+ 3/5 1/5 4/5 4/5 2/5 4/5 4/5
2026-04-22 B+ 3/5 1/5 4/5 4/5 2/5 4/5 4/5
2026-04-20 B+ 3/5 1/5 4/5 4/5 2/5 4/5 4/5
2026-04-17 B+ 3/5 1/5 4/5 5/5 1/5 4/5 4/5
2026-04-16 B+ 3/5 1/5 4/5 5/5 1/5 4/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
10.25B
OE per share TTM
25.06
Owner's Yield
148.60%
Maintenance CapEx ratio
6.59%
Maint CapEx / Avg PPE
4.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 64 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 VanEck Brazil Small-Cap ETF BRF 1.60% 366.4K 0.60%
2 Global X - SuperDividend ETF SDIV 0.96% 11.61M 0.58%
3 Global X Superdividend UCITS ETF USD SDIP.L 0.96% 8.66M 0.45%
4 iShares MSCI Brazil Small-Cap ETF EWZS 0.96% 2.32M 0.59%
5 Avantis Emerging Markets Small Cap Equity ETF AVEE 0.07% 89.8K 0.42%
6 FlexShares Morningstar Emerging Markets Factor Tilt Index Fund TLTE 0.06% 215.0K 0.58%
7 State Street SPDR S&P Emerging Markets Small Cap ETF EWX 0.05% 373.1K 0.65%
8 iShares MSCI EM Small Cap UCITS ETF IEMS.L 0.04% 126.0K 0.74%
9 Avantis Emerging Markets Value ETF AVES 0.03% 503.3K 0.36%
10 iShares MSCI Emerging Markets Small-Cap ETF EEMS 0.03% 126.7K 0.72%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
212.8K
Shares Outstanding
408.97M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Carlos Aluisio Vaz Malafaia Member of Executive Board male
Elizabete Rejane Sodre Tavares Member of Executive Board female
Fernando Guerreiro De Lemos Vice Chairman, Chief Executive Officer & Chairman of the Executive Board male
Fernando Postal Distribution & Retail Commercial Officer, Executive Officer and Member of the Executive Board male
Irany de Oliveira Sant'Anna Jr. Junior Member of Executive Board male
Ivanor Antonio Duranti Member of Executive Board male
Kalil Sehbe Neto Member of Management Board male
Luiz Gonzaga Veras Mota Deputy Chief Executive Officer, Director of Finance and Investor Relations, Vice President of Executive Board & Director male
Marcia Adriana Celestino Director & Member of Management Board female
Werner Kohler Accountant
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits