BB Seguridade Participacoes SA (OTCPK:BBSEY)
$ 6.07 -0.085 (-1.38%) Market Cap: 11.78 Bil Enterprise Value: 11.88 Bil PE Ratio: 7.77 PB Ratio: 5.57 GF Score: 96/100
Back to the Transcripts List

Q1 2025 BB Seguridade Participacoes SA Earnings Call (English, Portuguese) Transcript

May 6, 2025 / 05:00 PM GMT
Release Date Price: $7.38 (-0.94%)

Key Points

Positve
  • BB Seguridade Participacoes SA (BBSEY) reported a managerial profit of 2 billion BRL, marking an 8.3% increase compared to the same period last year.
  • The company's net investment income expanded by 38%, contributing significantly to the bottom line.
  • Pension reserves grew by 8.2% over 12 months, reaching 440 billion BRL.
  • The company launched new products, including BB Sigudus Consortium Proteid, which are expected to open important growth avenues.
  • Digital channels contributed to the sale of over 446,000 products, with 48% of digital contracts being with new customers, highlighting the effectiveness of digital strategies.
Negative
  • Premiums dropped by 6%, influenced by products related to inflation, particularly agricultural insurance.
  • The redemption rate for pension products increased from 8.6% to 11.6%, impacting net inflows.
  • The average management fee for pension reserves grew at a slower pace due to a shift towards more conservative instruments.
  • The company's guidance for written premiums was not met, with a significant drop in credit life insurance premiums.
  • Net income from premium bonds decreased by 24% due to a negative adjustment in the hedge position.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

BBSE3.SA - BB Seguridade Participacoes SA
Q1 2025 BB Seguridade Participacoes SA Earnings Call (English, Portuguese)
May 06, 2025 / 05:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Hello, good afternoon. Welcome to our virtual conference call to present the results of the first quarter of 2025. This conference call is being recorded and has simultaneous translation into English. To listen to the audio in English, please press the interpretation button at the lower right hand side of your zoom screen. As usual, we are going to divide this event in two parts. In the first part, our CEO Andre Howie and our CFO Rafael Spirio are going to present the main deliveries of the 1st 3 months of the year. The presentation may be downloaded at our investor relations website at the address www.bb.I.com.br.

Then in the second part, we are going to have a questions and answers
Already have an account? Log in
Get the full story
Start 7-Day Free Trial
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot
Research Tools
All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board
Product
Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App 中文
Education
Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation
Company
About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program
Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey
Follow Us
download GuruFocus on Apple store download GuruFocus on Google Play
Disclaimers
GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.
© 2004-2025 GuruFocus.com, LLC. All Rights Reserved.