April 19, 2018 6:12 PM ET

Banks

Company Overview of Banco BMG S.A.

Company Overview

Banco BMG S.A. provides commercial and credit, financing, and investment products and services primarily in Brazil. The company offers payroll loan cards; financing, structured financial services, derivative instruments, and guarantee insurance for medium and large sized companies, as well as for suppliers and large economic groups; personal direct debit loan account for civil servants, retirees, and National Institute of Social Security Contributions pensioners; digital personal credit; and time deposits. The company was formerly known as BMG Financeira S.A.–Crédito, Financiamento e Investimento and changed its name to Banco BMG S.A. in April 1989. Banco BMG S.A. was founded in 1930 and is ...

Av. Brigadeiro Faria Lima

3477 - 9th Floor

Itaim Bibi

São Paulo, SP 04538-133

Brazil

Founded in 1930

Key Executives for Banco BMG S.A.

Finance Director
Commercial Director
Commercial Director
President of Executive Board
Member of Executive Board
Compensation as of Fiscal Year 2017.

Banco BMG S.A. Key Developments

Banco BMG S.A. Announces Audited Consolidated Earnings Results of the Second Quarter and Six Months Ended June 30, 2017

Banco BMG S.A. announced audited consolidated earnings results of the second quarter and six months ended June 30, 2017. For the quarter, the company reported income from financial intermediation of BRL 669 million compared to BRL 439 million a year ago. Operating loss was BRL 23 million compared to BRL 5 million a year ago. Profit before taxes and profit sharing was BRL 1 million compared to BRL 5 million a year ago. Net income was BRL 11 million compared to BRL 23 million a year ago. ROAA was 0.3% compared to 0.6% a year ago. ROAE was 1.8% compared to 3.2% a year ago. For the six months, the company reported income from financial intermediation of BRL 1,334 million compared to BRL 1,037 million a year ago. Operating loss was BRL 2 million compared to BRL 3 million a year ago. Profit before taxes and profit sharing was BRL 23 million compared to BRL 13 million a year ago. Net income was BRL 17 million compared to BRL 26 million a year ago. ROAA was 0.2% compared to 0.3% a year ago. ROAE was 1.3% compared to 1.8% a year ago.

Banco BMG S.A. Announces Consolidated Earnings Results of the First Quarter Ended March 31, 2017

Banco BMG S.A. announced consolidated earnings results of the first quarter ended March 31, 2017. For the quarter, the company reported income from financial intermediation of BRL 665 million compared to BRL 598 million a year ago. Operating profit was BRL 24 million compared to BRL 8 million a year ago. Profit before taxes and profit sharing was BRL 23 million compared to BRL 8 million a year ago. Net income was BRL 5 million compared to BRL 3 million a year ago. ROAA was 0.1% compared to 0.1% a year ago. ROAE was 0.8% compared to 0.4% a year ago.

Banco BMG S.A. Presents at Itaú 5th Annual LatAm Fixed Income Conference, Mar-29-2017

Banco BMG S.A. Presents at Itaú 5th Annual LatAm Fixed Income Conference, Mar-29-2017 . Venue: New York, New York, United States.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
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