Banestes SA Banco do Estado do Espirito Santo
Banestes S.A. Banco do Estado do Espírito Santo is a Brazilian bank that provides a range of financial services, including retail and corporate banking, asset management, and investment services.
Business. Banestes SA Banco do Estado do Espirito Santo is a bank headquartered in the state of Espírito Santo, Brazil, operating within the Banking & Investment Services industry. The company generates revenue primarily through interest income, consistent with standard banking operations. It is listed on the B3 (São Paulo) stock exchange under the ticker symbol BEES4.SA. Specific details regarding operating segments or geographic revenue breakdowns are not available.
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- Peers
- DividendDividend USD 1.75/sh2026-09-25 · Bank of America (BAC)
- EarningsQ3 2026 earnings (expected)2026-10-13 · estimated · JPMorgan Chase (JPM)
- EarningsQ3 2026 earnings (expected)2026-10-13 · estimated · Citigroup (C)
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
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Synthesis
Banestes SA Banco do Estado do Espirito Santo is a bank headquartered in the state of Espírito Santo, Brazil, operating within the Banking & Investment Services industry. The company generates revenue primarily through interest income, consistent with standard banking operations. It is listed on the B3 (São Paulo) stock exchange under the ticker symbol BEES4.SA. Specific details regarding operating segments or geographic revenue breakdowns are not available.
### Capital Structure and Liquidity Banestes has a debt-to-equity ratio of 4.06, indicating a high level of leverage. The company's liquidity is assessed as medium, with a negative net cash position after subtracting total debt. Free cash flow stands at 222.222 million BRL, which is a positive sign for short-term liquidity.
### Profitability and Returns The company's return on equity (ROE) is 22.25%, which is strong and suggests efficient use of shareholders' equity. However, the return on assets (ROA) is only 1.35%, indicating that the company is not generating high returns relative to its total assets. This discrepancy may reflect the high leverage in the capital structure.
### Segments and Geographic Exposure Banestes operates primarily in Brazil, with a focus on retail and corporate banking. The company's revenue is concentrated in the domestic market, and there is no significant international exposure reported in the available data.
### Growth Trajectory Banestes reported a net income of 536.693 million BRL, despite a negative revenue of -1.813 billion BRL. This suggests that the company is managing costs effectively or benefiting from non-operating income. However, the negative revenue and operating cash flow of -291.442 million BRL raise concerns about the sustainability of this performance.
### Risk Factors The company faces medium liquidity risk due to its high debt levels and negative net cash position. The risk of dilution is assessed as low, but the high leverage could increase financial risk in a downturn. The capital expenditure of -201.199 million BRL indicates ongoing investment in the business.
### Recent Events Recent filings and transcripts do not indicate any major events that would significantly impact the company's financial position or strategy.
- Banestes has a strong return on equity (22.25%) but a weak return on assets (1.35%), indicating high leverage.
- The company's liquidity is medium, with a negative net cash position after subtracting total debt.
- Revenue is negative, but net income is positive, suggesting effective cost management or non-operating income.
- The company is highly leveraged, with a debt-to-equity ratio of 4.06.
- Banestes operates primarily in Brazil, with no significant international exposure.
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- Net cash is negative after subtracting total debt.
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- Banestes SA Banco do Estado do Espirito Santo Market data — financials · 2026-05-27