RESULTADO TENEBROSO DO BANCO DO BRASIL | O que está acontecendo com BBAS3?

Banco do Brasil released its worst results since 2016 — profits fell 50% and ROE plummeted to 7.3%. But the stock closed the day higher. Why? In this video, I brought in Pedro Ávila, an analyst specializing in the banking sector, to break down the results of the first quarter of 2026 number by number. We explain what's behind the drop, why the market didn't punish the stock, and what to expect in the coming quarters — especially in the agricultural and retail portfolios. ⸻ OUR PORTFOLIOS YIELDED +30% LAST YEAR! 🔥 Varos Academy: https://varos.com.br/varos-academy?ut... Varos Consulting: https://varos.com.br/consultoria?utm_... YOU DON'T FOLLOW ME ON THESE SOCIAL MEDIA PLATFORMS?! 😱 Instagram - /   / leandro.varos   Twitter - https://x.com/vowtz VAROS - /   / varos.br   Facebook - /   / leandro-siqueira-varos-61554898497211   ---------------- 0:00 — Terrible result 1:04 — Why didn't the stock fall? 2:23 — Credit portfolio quality explained 3:00 — Efficiency index and expanded portfolio: what each number means 5:08 — Why slow growth now is positive for the bank 6:00 — Gross financial margin grows 14.8% — but there's a catch 7:00 — Cost of credit grows 86% 8:10 — Default, provision and how banks anticipate losses 9:56 — Service revenue, administrative expenses and extraordinary items 13:20 — Delinquency above 90 days vs above 30 17:32 — New NPL: new delinquency falls from 2.01 to 1.25 19:30 — Individual portfolio 20:33 — Desenrola 2.0: what changes for the bank and for debtors 21:58 — Agro portfolio 25:00 — When should the improvement come? 27:49 — Guidance Review: Credit cost rises from 53-58 billion to 65-70 billion 29:43 — What to expect for Banco do Brasil going forward ——— Do you own BBAS3? Tell me in the comments what your position is and what you thought of the analysis. Subscribe and activate the bell — every week, straightforward earnings analysis. ——— #BBAS3 #BancoDoBrasil #BancoDoBrasilEarnings #VAROS #StockAnalysis #BrazilianInvestments #VariableIncome #FinancialMarket #ROE #Default #BankingSector #CreditPortfolio #BrazilianAgribusiness