Le Lézard
Classified in: Business
Subject: ERN


BRASILIA, Brazil, March 23, 2023 /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 result (4Q22).


I.  Accounting Net Income of R$ 2.2 billion in 4Q22 and R$ 9.8 billion in 2022.

II.  Recurring Net Income of R$ 2.0 billion in 4Q22 and R$ 9.2 billion in 2022.

III.  R$ 91.2 billion provided in mortgage loans with SBPE (Brazilian System of Savings and Loan) resources, up by 10.1% YoY.

IV.  R$ 70.5 billion provided in mortgage loans with FGTS (Worker's Severance Fund) resources, up by 22.2% YoY.

V.  Balance of R$ 637.9 billion in the mortgage loan portfolio, up by 13.6% YoY.

VI.  Balance of R$ 1.0 trillion in the total loan portfolio, up by 16.7% YoY.

VII.  Total loan origination of R$ 509.8 billion, up by 16.6% YoY.

VIII.  Balance of R$ 231.0 billion in commercial credit, up by 17.9% YoY.

IX.  Balance of R$ 44.1 billion in Agro loans, up by 167.5% YoY.

X.  Balance of R$ 102.5 billion in payroll-deductible loans, up by 22.8% YoY.

XI.  CAIXA's assets totaled R$ 1.6 trillion, up by 9.4% in 12 months.

XII.  Net Equity of R$ 122.6 billion, up by 9.9% YoY.

XIII.  Delinquency rate of 2.09% in 4Q22.

XIV.  92.5% of CAIXA's loans rated between AA-C, and 92% with real collateral, demonstrating the portfolio's quality.

XV.  R$ 23.2 billion collected by CAIXA Lotteries in 2022, up by 25.6% YoY. Of the amount collected, R$ 9.0 billion were allocated for social purposes.

XVI.  Basel ratio of 18.4%, 6.9 p.p. higher than the regulatory minimum, and Tier 1 Capital of 15.2% in 4Q22.

XVII.  R$ 308.9 billion in social benefits paid in 2022.

XVIII.  R$ 123.8 billion in INSS benefits paid in 2022, up by 9.1% YoY.

XIX.  R$ 111.4 billion in Auxílio Brasil benefits paid in 2022, up by 345.7% YoY.


WEBCAST FOR THE 4Q22 RESULTS: March 23, 2023, 9:00 a.m. (US EDT)


4Q22 EARNINGS DOCUMENTS: earnings release, presentation, and financial statements available at: https://ri.caixa.gov.br/en/


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