BRB - Banco de Brasília S.A. reported consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, financial intermediation revenue was BRL 79.2 million against BRL 16.2 million a year ago. The company recorded net income of BRL 79.2 million, a 388.9% increase over first quarter of 2017. Operating Income reached BRL 170 million, representing a 202.45% increase, due to advances in financial intermediation results and control of personnel, administrative and operational expenses. ROAA - return on average assets was 2.3%. ROAE - return on average equity was 25.5%.

For 2018, the company expects return on average equity of 14% to 18%.