Banestes S.A - Banco do Estado do Espírito Santo

São Paulo Stock Exchange BEES3.SA

Banestes S.A - Banco do Estado do Espírito Santo Net Income Margin for the year ending December 31, 2023: 21.96%

Banestes S.A - Banco do Estado do Espírito Santo Net Income Margin is 21.96% for the year ending December 31, 2023, a 23.04% change year over year. Net Income Ratio, also known as the profit margin, is the ratio of net income to net sales, showing the percentage of revenue that remains as profit after all expenses are deducted.

Banestes S.A - Banco do Estado do Espírito Santo Net Income Margin for the year ending December 31, 2022 was 17.85%, a 9.22% change year over year.
Banestes S.A - Banco do Estado do Espírito Santo Net Income Margin for the year ending December 31, 2021 was 16.34%, a 1.00% change year over year.
Banestes S.A - Banco do Estado do Espírito Santo Net Income Margin for the year ending December 31, 2020 was 16.18%, a 8.14% change year over year.
Banestes S.A - Banco do Estado do Espírito Santo Net Income Margin for the year ending December 31, 2019 was 14.96%, a 14.42% change year over year.

Key data

Date	Net Income Margin	EBITDA Margin	EBIT Margin	EBITDA

São Paulo Stock Exchange: BEES3.SA

Banestes S.A - Banco do Estado do Espírito Santo

CEO	Mr. Jose Amarildo Casagrande
IPO Date	Jan. 6, 2000
Location	Brazil
Headquarters	Ed. Palas Center
Employees	2,314
Sector	Finance
Industries Banking & Lending Fintech Insurance Investment Banking & Asset Management Private Equity Professional Services Rating Agencies Stock Exchanges & Brokers

Description

Banestes S.A - Banco do Estado do Espírito Santo S.A. provides various financial products and services to individual and legal clients in the State of Espírito Santo, Brazil. The company offers checking accounts, savings accounts, deposits, cards, loans, and funds. It is also involved in the administration and brokerage of insurance; provision of pension and dental plans; and capitalization of bonds. The company was founded in 1937 and is headquartered in Vitória, Brazil.

Key trends

Past 5 years