BPAR3: quote, dividends and indicators for Banco do Estado do Pará - Banpará

Banco do Estado do Pará S.A. – Banpará is a mixed-capital company controlled by the Government of the State of Pará, created by Law No. 1,819 of November 30, 1959. The institution effectively began operations on October 26, 1961, with the opening of its first branch, Belém Centro, then with 17 employees. In 1964, it moved to its first proprietary headquarters, in the Dias Paes building in Belém, and in 1966 it opened its first branch in the interior, in Santarém, marking the beginning of a process of banking penetration across the state. Over the decades, the bank has consolidated itself as the state’s financial agent and as one of the main instruments for fostering Pará’s economy, maintaining a focus on financial inclusion and support for public policies. Its common shares are traded on B3 under the ticker BPAR3, classifying Banpará as a publicly held company subject to the rules of the Brazilian Securities and Exchange Commission (CVM).

Organized as a multiple-service bank, Banco do Estado do Pará – Banpará operates in commercial, real estate credit and development portfolios, in addition to foreign exchange and rural credit transactions, under authorization and supervision of the Central Bank of Brazil. The institution plays a strategic role as the financial agent of the Government of the State of Pará, managing public funds, processing payroll for public servants, distributing resources from social programs and carrying out official financial transactions. Its service structure combines a physical network and digital channels, with presence in 100% of Pará’s 144 municipalities, through branches, service points, ATMs, internet banking, mobile app, call centers and customer service channels (SAC). This capillarity reinforces the bank’s positioning as a relevant platform for banking access and financial services in both urban areas and the state’s interior.

Banpará’s business model places strong emphasis on retail banking and the democratization of credit, serving individuals, companies of various sizes and rural producers. In the individual segment, the institution offers payroll loans, personal loans, overdraft facilities, short-term seasonal lines tied to specific dates, income tax refund anticipation, products aimed at computer purchases, and options for installment repayment of outstanding balances. The product portfolio also includes credit cards, time deposits, savings accounts, investments, consortiums, pension plans, insurance and capitalization bonds. For businesses, the bank offers working capital with different maturities, hot money, business overdrafts, discounting of trade receivables, lines with FAMPE guarantees in partnership with Sebrae, and transactional services such as tax and fee collection for public entities and utilities, bank collection services, direct debit and mobile phone top-ups, forming a range of solutions for cash flow and financial management for corporate clients.

The development area of Banco do Estado do Pará – Banpará is a core pillar of its business, operating in microcredit, rural credit and on-lending from development institutions. The bank runs its own microcredit lines aimed at formal and informal micro-entrepreneurs, such as Banpará Comunidade, Banpará Comunidade Mototaxista, Credturismo and Empodera, focusing on specific groups including women entrepreneurs and workers in tourism and transportation. In rural credit, Banpará finances agricultural working capital and investment in line with the Rural Credit Manual, serving everyone from family farmers to larger producers. In the intermediation of third-party funds, the bank uses BNDES lines such as Finame and products geared toward productive and low-carbon investments, as well as FUNGETUR resources for tourism companies registered with Cadastur. The institution also manages state and municipal funds aimed at economic development and at encouraging the popular and solidarity-based economy, in partnership with the state government and several municipalities, expanding the reach of credit lines focused on social impact.

In specialized products, Banpará maintains a significant real estate credit portfolio for individuals and companies, with financing for the purchase, construction and portability of residential properties, home equity and structured transactions for developers and builders, such as construction finance (plano empresário) and association-based mortgage credit (crédito associativo). Real estate transactions follow formal processes for credit, risk, engineering and legal analysis, making use of technological tools for control and compliance. In foreign exchange, the bank conducts spot FX transactions for tourism, financial and commercial purposes, as well as forward FX operations such as ACC and ACE, and provides documentary collection services and registrations in the Credit System. In payments, Banpará offers debit, credit and multi-function cards under the Mastercard brand, including affinity versions linked to local soccer clubs, and operates solutions such as payroll processing for both the public and private sectors and services for INSS beneficiaries, integrating payroll loans and specific fee packages.

The commercial operations of Banco do Estado do Pará – Banpará are supported by an integrated relationship and network management model, combining physical branches with remote and digital channels. Distribution of products for individuals and businesses takes place via branches and service points, ATMs, internet banking, app, call center and SAC. In the corporate (PJ) portfolio, web-based collection and receivables systems allow beneficiaries to issue and process collections, while payers use the bank’s various channels to settle their obligations. Products related to development, rural credit, real estate credit and sustainable lines are distributed across the state through the network, supported by specialized teams and, in the case of rural credit, by project consultants responsible for preparing and monitoring the projects. The bank also uses institutional channels and social media to publicize products and clarify questions, reinforcing its regional presence. The service structure is complemented by an institutional relationship policy that establishes ethical and efficiency standards for both in-person and remote service.

From a regulatory standpoint, Banpará operates within the framework applicable to Brazilian financial institutions, under the supervision of the Central Bank of Brazil and the National Monetary Council (CMN), and complies with specific rules for multiple-service banks, including prudential, risk management and social-environmental responsibility requirements. As a mixed-capital company and publicly held corporation with shares traded on B3 under the ticker BPAR3, the bank is also governed by the Corporations Law, the State-Owned Companies Law and CVM regulations, which set out governance, transparency and market disclosure requirements. In social, environmental and climate matters, Banpará structures its activities based on a Social, Environmental and Climate Responsibility Policy, aligned with CMN resolutions and sector guidelines from Febraban, incorporating social, environmental and climate risks into its overall risk management framework. The institution discloses sustainability information in specific reports prepared in accordance with Global Reporting Initiative standards and participates in actions linked to government programs, such as low-carbon economy credit initiatives, support for micro-entrepreneurs and rural producers, and participation in state programs for sustainable economy and public management maintenance.