HIGHLIGHTSBanco ABC Brasil reported BRL 64.7 million Net Income in 2Q13

Net Income in 2Q13 totaled BRL 64.7 million, an increase of 7.7% compared to 1Q13 (BRL 60.1 million) and 17.6% compared to 2Q12 (BRL 55.0 million).

The Expanded Credit Portfolio* reached BRL 16,879.0 million by the end of 2Q13, an increase of 13.0% in the last 12 months and 6.7% in the quarter. The Corporate segment showed growth of 11.9% in the last 12 months and 5.9% QoQ, and the Middle Market segment showed an increase of 20.9% in the last 12 months and 11.9% QoQ.

Return on Average Equity (ROAE) in 2Q13 was 14.6% pa, a growth of 0.5 pp compared to 1Q13 (14.1% pa) and 0.4 pp compared to 2Q12 (14.2% pa).
*Expanded Credit Portfolio: includes loans, guarantees issued and corporate securities portfolios.

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