B3 S.A. - Brasil, Bolsa, Balcão Reports Earnings Results for the Fourth Quarter Ended December 31, 2023
February 22, 2024 at 06:17 pm EST
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B3 S.A. - Brasil, Bolsa, Balcão reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was BRL 2,416.66 million compared to BRL 2,499.95 million a year ago. Revenue was BRL 2,242.18 million compared to BRL 2,307.53 million a year ago.
Net income was BRL 915.54 million compared to BRL 1,003.83 million a year ago.
B3 SA Brasil Bolsa Balcao, formerly BM&F Bovespa SA Bolsa de Valores Mercadorias e Futuros, is a Brazil-based financial market infrastructure provider. The Company's service offerings range from exchange trading, clearing and other post-trading services to registration of over-the-counter (OTC) transactions. The Company also provides a listing service and acts as central securities depository (CSD). It develops software solutions and offers index licensing services. Its business is divided into four segments: Bovespa, which covers trading, clearing and settlement of equities and equity derivatives; BM&F, which covers trading, clearing and settlement of financial and commodities derivatives; Cetip Securities (Cetip UTVM), covering registration, clearing, settlement and custody systems for fixed-income securities and OTC derivatives, and Cetip Financing (Cetip UFIN), which provides an integrated private electronic system for registration of vehicle and real estate loans.