Corporate Profile

Banpará is a Mixed Economy Society, organized in the form of a multiple bank, which aims to be a modern, self-sustaining bank, committed to excellence in service and to the socioeconomic development of Pará, acting with ethics and social responsibility.

Throughout its existence, Banpará has gone to great lengths to offer quality products and services to customers and users, which are increasingly demanding. Precisely for this reason, the Bank invests in the training of its human resources, loyal employees and the basis of its success, as well as in cutting edge technology, an essential element for the consolidation of any company in the financial sector.

In the third quarter of 2020, Banpará achieved a net profit of R $ 49,302 thousand, a reduction of -42.6% in relation to the same period of the previous year, this represents a net profit per share of R $ 5.18. Shareholders‘ Equity reached R $ 1,483,961 thousand, an increase of 8.6% compared to the third quarter of 2019.

Thus, in the first half of 2020, Banpará achieved a 22.4% return on average shareholders‘ equity (ROE).

Net Income and Shareholders‘ equity

In the third quarter of 2020, revenues from financial intermediation totaled R $ 387,915 thousand, registering a reduction of -12.3% in relation to the same period of the previous year.

Financial intermediation expenses reached R $ 73,354 thousand, decreasing by 36.1% when compared to the third quarter of 2019.

The gross result of financial intermediation, accumulated up to the third semester of 2020, reached the amount of R $ 946,543 thousand, a reduction of 1.0% in relation to the same period of the previous year.

Income from financial Intermediation

Also in the third quarter of 2020, the credit portfolio reached R $ 6,171,570 thousand, an increase of 34.9% in relation to the third quarter of 2019.

In this period, the default rate for operations overdue for more than 90 days represents 1.37% of the loan portfolio.

Loan Portfolio

Mission

Generate value for the state of Pará as a self-sustainable Bank, focusing on social and economic development.

Vision

To be recognized as the regional bank which generates the best economic and social results.

Values

  • Profit as a measure of performance.
  • Innovation focusing on results.
  • Transparency.
  • Meritocracy.
  • Social and environmental responsibility.
  • Commitment to customers.