Thiago Bovolenta's questions to Banco Santander Brasil SA (BSBR) leadership • Q2 2025
Question
Thiago Bovolenta of Goldman Sachs asked for the outlook on fee income, specifically questioning the potential for improvement in insurance and capital markets, and whether double-digit growth in cards is sustainable.
Answer
CEO Mario Roberto Opice Leão expressed confidence in continued growth. He expects the insurance segment to resume growth in Q3, driven by new products and a stronger sales force. He also sees a stronger pipeline for capital markets in the second half. For cards, he affirmed the goal is to continue expanding the business, which remains a strategic pillar, suggesting continued strong performance is expected.