Caixa Econômica Federal reports profit of R$ 14 billion in 2024, a 31,9% increase.
Profit recorded in the last three months of 2024 was R$ 4,6 billion, representing a growth of 59,7% compared to the same period of the previous year.
247 - Caixa Econômica Federal released its consolidated financial results for 2024 on Tuesday night (25), including data from the fourth quarter of last year.
According to the institution, the profit recorded in the last three months of 2024 was R$ 4,6 billion, representing a growth of 59,7% compared to the same period of the previous year. For the year as a whole, recurring net profit reached R$ 14 billion, an increase of 31,9% compared to 2023.
Return on equity (ROE) reached 10,4% in December 2024, registering an increase of 1,97 percentage points in 12 months. Net interest income totaled R$ 61,6 billion throughout the year, representing a 1,3% increase.
Caixa's total loan portfolio ended 2024 with a balance of R$ 1,236 trillion, registering a growth of 10,4% in 12 months. The institution's delinquency rate fell by 0,18 percentage points compared to December 2023, reaching...
1,97%.
