Banco do Brasil S.A. (BDORY) Q1 2025 Earnings Call Transcript

2025-05-16 13:43:20 ET

Banco do Brasil S.A. (BDORY)

Q1 2025 Earnings Conference Call

May 16, 2025 08:00 AM ET

Company Participants

Janaina Storti - Manager, IR

Tarciana Medeiros - CEO

Geovanne Tobias - CFO

Felipe Prince - VP of Risk

Conference Call Participants

Gustavo Schroden - Citi

Renato Meloni - Autonomous

Tito Labarta - Goldman Sachs

Bernardo Guttmann - XP

Henrique Navarro - Santander Bank

Yuri Fernandes - JP Morgan

Daniel Vaz - Safra

Eduardo Nishio - Genial

Eduardo Rosman - BTG

Presentation

Janaina Storti

Good morning. I am Janaina Storti, Head of Investor Relations of Banco do Brasil. Thank you for joining us for another live streaming on the results of the first quarter. Our live streaming will be in Portuguese with simultaneous translation into English. You can choose three audio options, original, English or Portuguese. And to talk about the numbers of the first quarter, we have here with us today our CEO, Tarciana Medeiros; our CFO, Geovanne Tobias; and our CEO, Felipe Prince. Now, just to start off, I would like to turn the floor over to Tarciana to start with her initial remarks.

Tarciana Medeiros

Good morning, everyone. Thank you for joining us in another earnings release presentation. I just landed from an official mission to China, where I had a very intense institutional and business prospecting agenda. Right now, I'm talking from our New York office, where we will also be holding important meetings with clients and partners. Over the last two years, we have built up a very close relationship with the market. And I really wanted to be here with you today. This quarter, it's even more important that I provide you with a diagnosis of the bank's results and the strategic direction. And I'm going to address all of the issues that has impacted the beginning of the year and what we are doing to get through this month....

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