March 05, 2015 7:44 PM ET

Diversified Financial Services

Company Overview of Banco Votorantim S.A.

Company Overview

Banco Votorantim S.A. engages in the wholesale banking, consumer finance, and wealth management businesses in Brazil. Its wholesale banking services comprise corporate services for companies; investment banking services; and brokerage services. The company’s consumer finance services include auto financing, credit cards, insurance brokerage, and payroll loan services. It is also involved in leasing, administration of investment funds, and treasury activities. Banco Votorantim S.A. was founded in 1988 and is based in São Paulo, Brazil.

Avenida das Nações Unidas, 14.171

Torre A

18º andar

São Paulo, SP 04794-000

Brazil

Founded in 1988

4,838 Employees

Phone:

55 11 5171 1000

Fax:

55 11 5171 1900

Key Executives for Banco Votorantim S.A.

Chief Executive Officer
Age: 49
Vice President
Age: 57
Director and Coordinator of Audit Committee
Age: 43
Compensation as of Fiscal Year 2014.

Banco Votorantim S.A. Key Developments

Banco Votorantim S.A. Reports Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 2014

Banco Votorantim S.A. reported consolidated earnings results for the fourth quarter and full year ended December 2014. For the quarter, the company reported income from financial intermediation of BRL 4,076 million compared with BRL 3,899 million for the same period last year. Net interest income was BRL 1,081 million compared with BRL 1,226 million for the same period last year. Operating income was BRL 29 million compared with operating loss of BRL 98 million for the same period last year. Income before taxes and contribution was BRL 20 million compared with loss before taxes of BRL 106 million for the same period last year. Net income was BRL 75 million compared with loss before taxes of BRL 121 million for the same period last year. For the full year, the company reported income from financial intermediation of BRL 14,690 million compared with BRL 13,808 million for the same period last year. Net interest income was BRL 4,586 million compared with BRL 4,615 million for the same period last year. Operating income was BRL 457 million compared with operating loss of BRL 1,144 million for the same period last year. Income before taxes and contribution was BRL 563 million compared with loss before taxes of BRL 1,180 million for the same period last year. Net income was BRL 502 million compared with loss before taxes of BRL 512 million for the same period last year.

Banco Votorantim S.A. to Report Fiscal Year 2014 Results on Feb 11, 2015

Banco Votorantim S.A. announced that they will report fiscal year 2014 results on Feb 11, 2015

Banco Votorantim Reports Earnings Results for the Third Quarter and Nine Months Ended September 2014

Banco Votorantim reported earnings results for the third quarter and nine months ended September 2014. For the period, the company reported net income that reached a total of BRL 135 million, completing 1 year of positive results. For nine months, the company reported fee income reached BRL 18.3 billion, growing 6.7% compared to the same period in 2013.

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