BTG Pactual (B3: BPAC11) financial statements
The consolidated income statement, balance sheet and cash flow statement of BTG Pactual for its last 10 fiscal years, as filed with the regulator, in millions of Brazilian reais. At the end of fiscal 2025 it had BRL 809,302m in total assets and BRL 73,353m in equity.
Income statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profit before tax | BRL 19,292m | BRL 12,823m | BRL 11,664m | BRL 9,603m | BRL 11,834m | BRL 5,233m | BRL 5,056m | BRL 2,586m | BRL 1,727m | BRL 6,972m |
| Income tax | BRL 2,628m | BRL 1,743m | BRL 1,409m | BRL 1,583m | BRL 4,769m | BRL 952.2m | BRL 1,002m | BRL 156.1m | −BRL 648.2m | BRL 800.6m |
| Net profit | BRL 16,006m | BRL 10,745m | BRL 9,980m | BRL 7,564m | BRL 7,168m | BRL 4,375m | BRL 4,023m | BRL 2,430m | BRL 2,375m | BRL 4,735m |
Balance sheet
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | BRL 809,302m | BRL 649,217m | BRL 495,116m | BRL 454,096m | BRL 352,924m | BRL 244,230m | BRL 166,344m | BRL 131,990m | BRL 117,472m | BRL 111,408m |
| Cash | BRL 5,815m | BRL 4,709m | BRL 2,439m | BRL 3,069m | BRL 3,220m | BRL 6,828m | BRL 2,339m | BRL 2,425m | BRL 7,044m | BRL 4,580m |
| Total liabilities | BRL 729,008m | BRL 583,345m | BRL 438,728m | BRL 404,529m | BRL 308,282m | BRL 214,958m | BRL 144,393m | BRL 112,908m | BRL 98,595m | BRL 94,248m |
| Equity | BRL 73,353m | BRL 59,693m | BRL 51,955m | BRL 44,927m | BRL 40,567m | BRL 28,859m | BRL 21,599m | BRL 18,942m | BRL 18,745m | BRL 17,035m |
| Equity including minorities | BRL 80,294m | BRL 65,872m | BRL 56,388m | BRL 49,567m | BRL 44,642m | BRL 29,272m | BRL 21,951m | BRL 19,081m | BRL 18,877m | BRL 17,160m |
| Minority interests | BRL 6,941m | BRL 6,179m | BRL 4,433m | BRL 4,640m | BRL 4,075m | BRL 413.4m | BRL 351.8m | BRL 138.7m | BRL 132.4m | BRL 124.9m |
Cash flow statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | −BRL 26,619m | BRL 7,819m | −BRL 16,500m | BRL 21,106m | BRL 16,276m | −BRL 22,780m | −BRL 9,567m | −BRL 6,704m | BRL 3,869m | BRL 18,480m |
| Investing cash flow | −BRL 2,185m | −BRL 5,536m | −BRL 659.5m | −BRL 2,153m | −BRL 11,001m | BRL 280.7m | BRL 2,673m | BRL 37.3m | BRL 1,041m | BRL 5,600m |
| Financing cash flow | BRL 14,565m | BRL 27,738m | BRL 13,584m | BRL 203.4m | BRL 7,662m | BRL 56,161m | BRL 5,662m | BRL 12,416m | −BRL 2,464m | −BRL 29,293m |
| Dividends paid | −BRL 4,020m | −BRL 2,995m | −BRL 2,845m | −BRL 2,025m | −BRL 1,746m | −BRL 541.0m | — | — | −BRL 1,505m | −BRL 992.8m |
Where each figure comes from
From the annual financial statements (DFP) that BTG Pactual files with the CVM, the Brazilian securities regulator. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. If an item is not tagged in the filing, it is not in the table. The summary of the last fiscal year is on the BTG Pactual page.
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Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.