Banco Pine S.A. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was BRL 139.19 million compared to net interest loss of BRL 14.38 million a year ago. Net income was BRL 45.23 million compared to BRL 12.21 million a year ago. Basic earnings per share from continuing operations was BRL 0.242507 compared to BRL 0.0655 a year ago.
For the nine months, net interest income was BRL 272.78 million compared to BRL 63.68 million a year ago. Net income was BRL 118.66 million compared to BRL 18.51 million a year ago. Basic earnings per share from continuing operations was BRL 0.636285 compared to BRL 0.099254 a year ago.