Banco ABC Brasil (ABCB4) reported recurring net income of R$ 273.7 million in the third quarter of 2026 (3Q26), up 6.4% from R$ 257.3 million in 2Q26 and up 6.6% from R$ 256.8 million in 3Q25. The increase was mainly driven by higher client margin, market margin and service revenue, partially offset by higher provision expenses and Income Tax and Social Contribution expenses. ROAE (annualized return on average equity) was 15.0%, up 68 basis points from 2Q26 and down 49 basis points from 3Q25.
Managerial Financial Margin reached R$ 697.7 million, an increase of 5.8% over 2Q26 and 7.0% over 3Q25, with growth in all three components. After provision expenses of R$ 109.8 million (up 37.4% from 2Q26), the margin was R$ 587.9 million, growth of 1.5% in the quarter. Service Revenue totaled R$ 119.8 million, up 16.5% from 2Q26 and 8.3% from 3Q25. NIM (net interest margin on interest-earning assets) was 4.2% per year.
The Expanded Loan Portfolio ended September at R$ 60.4 billion, up 7.0% in the quarter and 15.5% over 12 months. Delinquency over 90 days stood at 0.6% of the portfolio, and the stage 3 balance at 2.8%. The Efficiency Ratio was 37.9%, compared with 41.2% in 2Q26. Personnel, administrative and profit-sharing (PLR) expenses totaled R$ 291.6 million, down 1.3% in the quarter.
The Basel Ratio stood at 16.2%, stable in the quarter, and Common Equity Tier 1 at 11.2%. At the end of September, the bank issued R$ 600.9 million in Perpetual Subordinated Financial Bills (AT1), with a positive effect of 105 basis points on Tier 1 capital, on a pro forma basis. In October, the Central Bank approved a capital increase of R$ 169 million, which will raise the 3Q26 Basel Ratio by 27 basis points, on a pro forma basis.
In the nine months of 2026, net income was R$ 761.2 million, up 4.8% from R$ 726.5 million in the same period of 2025. Interest on Equity (JCP) accrued in 3Q26 was R$ 153.2 million.
