Thiago Paura's questions to Banco Santander Brasil SA (BSBR) leadership • Q2 2025
Question
Thiago Paura of Goldman Sachs Group, Inc. asked for the outlook on fee income, focusing on the potential for improvement in insurance and capital markets, and questioned the sustainability of double-digit growth in the cards business.
Answer
CEO Mario Roberto Opice Leão expressed confidence in the fee business for the second half of the year. He expects the cards business to continue growing robustly due to strategic focus and investment. He anticipates the insurance segment will resume growth in Q3, aided by new products and a stronger sales force. For capital markets, he noted a stronger pipeline for Q3, particularly in debt, and believes the segment will see improved performance after a slow first half.