CAIXA ECONÔMICA FEDERAL: ACCOUNTING NET INCOME OF R$ 11.7 BILLION IN 2023, UP BY 20.0% YoY.

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RECURRING NET INCOME OF R$ 10.6 BILLION IN 2023, UP BY 15.5% YoY.

BRASÍLIA, Brasil, Feb. 27, 2024 /PRNewswire/ — CAIXA ECONÔMICA FEDERAL (“CAIXA”), the largest Brazilian bank in number of clients, credit, digital accounts, and savings deposits, announces its consolidated result for the fourth quarter (4Q23).

HIGHLIGHTS:

I.  Accounting Net Income of R$ 11.7 billion in 2023, up by 20,0% YoY;

II.  Recurring Net Income of R$ 10.6 billion in 2023, up by 15.5% YoY;

III.  Revenues from Services reached R$ 25.8 billion in 2023, up by 2.8% in 12 months;

IV.  Assets under management totaled R$ 3.2 trillion in Dec/23, up by 11.5% in 12 months;

V.  Total Loan Portfolio reached a balance of R$ …

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