Banco Pine S.A. announced consolidated earnings results for the third quarter and first nine months ended September 30, 2017. For the quarter, the company announced income from financial intermediation of BRL 102 million compared to BRL 239 million for the same period a year ago. Operating loss was BRL 396 million compared to BRL 10 million for the same period a year ago. Loss before taxes and profit sharing was BRL 394 million compared to BRL 7 million for the same period a year ago. Net loss was BRL 244 million compared to BRL 7 million for the same period a year ago. Annualized negative ROAE was 66.5% compared to 2.3% for the same period a year ago. Annualized negative ROAA was 15.5% compared to 0.4% for the same period a year ago. Loss per share was BRL 2.08 compared with BRL 0.06 a year ago. For the first nine months, the company announced income from financial intermediation of BRL 523 million compared to BRL 463 million for the same period a year ago. Operating loss was BRL 424 million compared to profit of BRL 6 million for the same period a year ago. Loss before taxes and profit sharing was BRL 419 million compared to profit of BRL 21 million for the same period a year ago. Net loss was BRL 265 million compared to BRL 5 million for the same period a year ago. Annualized negative ROAE was 32.7% compared to 0.6% for the same period a year ago. Annualized negative ROAA was 5.9% compared to 0.1% for the same period a year ago. Loss per share was BRL 2.25 compared with BRL 0.04 a year ago. Book value per share were BRL 7.79 compared with BRL 9.88 a year ago.