Earnings Call Summary | Banco Santander (Brasil)(BSBR.US) Q4 2023 Earnings Conference
Earnings Call Summary | Banco Santander (Brasil)(BSBR.US) Q4 2023 Earnings Conference
The following is a summary of the Banco Santander, S.A. (BSBR) Q4 2023 Earnings Call Transcript:
以下是桑坦德銀行（BSBR）2023年第四季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Banco Santander reported an almost 5% YoY and 4.8% QoQ growth in net interest income (NII).
The growth in net interest income in Q4 was 12.3%.
The loan book saw an increase of 9% YoY with a significant expansion in retail for individuals, vehicles, and SMEs.
The bank recorded a Q4 net income of R$2.2 billion with total revenues growing by 11% and net income by 30% in comparison to Q4 2022.
Managerial profitability was 12.3%.
Asset quality improved with a downward trend in the total cost of credit, closing the year at 4% and a downward trend in the renegotiated portfolio, reaching 6.3% of the total portfolio.
桑坦德銀行報告稱，淨利息收入（NII）同比增長近5％，環比增長4.8％。
第四季度淨利息收入增長12.3％。
貸款額同比增長9％，個人、汽車和中小企業的零售業大幅擴張。
該銀行第四季度淨收入爲22億雷亞爾，與2022年第四季度相比，總收入增長了11％，淨收入增長了30％。
管理盈利能力爲12.3％。
資產質量有所改善，信貸總成本呈下降趨勢，全年收於4％，重新談判的投資組合呈下降趨勢，佔總投資組合的6.3％。
Business Progress:
業務進展：
Banco Santander continues with its strategy of portfolio diversification, expanding its credit line and client base with 65 million customers.
The bank has been focusing on improving customer loyalty.
There is a strategic focus on the high-income segment with a target to achieve 2 million such customers and on the mass retail segment with simplified product offerings.
The bank has doubled its agribusiness portfolio and focuses on growing consumer finance operations.
The bank heavily invests in technological advancements with 95% operations running in the cloud and in Generative AI to encourage innovation.
The bank is planning to improve client satisfaction, reposition in the retail sector, and strengthen its digital capabilities for an enhanced customer experience in 2024.
Revenue expansion and client growth for 2024 are the top priorities of the bank, utilizing credit portfolio diversification to drive growth.
The bank also plans to increase the share of SME in the total portfolio, expand top-line growth, and digital footprint in 2024.
桑坦德銀行繼續推行其投資組合多元化戰略，擴大其信貸額度和客戶群，擁有6,500萬客戶。
該銀行一直專注於提高客戶忠誠度。
戰略重點是高收入細分市場，目標是吸引200萬此類客戶，並側重於通過簡化產品供應的大衆零售細分市場。
該銀行已將其農業綜合企業投資組合翻了一番，並專注於增長消費金融業務。
該銀行大量投資於技術進步，95％的業務在雲端運行，並投資於生成式人工智能以鼓勵創新。
該銀行計劃在2024年提高客戶滿意度，在零售領域進行重新定位，並加強其數字能力，以改善客戶體驗。
2024年的收入擴張和客戶增長是該銀行的首要任務，利用信貸組合多元化來推動增長。
該銀行還計劃在2024年增加中小企業在總投資組合中的份額，擴大收入增長和數字足跡。
More details: Banco Santander (Brasil) IR
更多詳情： 桑坦德銀行（巴西）IR
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：本文由 AI 生成。無法完全保證內容的準確性。欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。