B3 SA - Brasil Bolsa Balcao (FRA:YBV0)
€ 5.3 0.2 (3.92%) Market Cap: 9.68 Bil Enterprise Value: 9.31 Bil PE Ratio: 14.96 PB Ratio: 2.93 GF Score: 74/100

Q3 2023 B3 SA Brasil Bolsa Balcao Earnings Call Transcript

Nov 10, 2023 / 01:00PM GMT
Release Date Price: €6.75 (-2.88%)
Operator

Good morning, ladies and gentlemen, and welcome to the audio conference call of B3's earnings results for the third quarter of 2023. (Operator Instructions) As a reminder, this conference is being recorded and broadcasted live via webcast. The replay will be available after the event is concluded. I would now like to turn the conference over to Andre Milanez, B3 CFO, who will be joined by Fernando Campos, Investor Relations Associate Director. Please go ahead.

Andre Veiga Milanez;o;Executive Director of Finance
B3 S.A. - Brasil, Bolsa, BalcÃ;Administrative & IR and Member of Collegiate Board

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Thank you. Good morning, everyone, and thanks for joining our call for the third quarter results. I'll start with a few remarks about the quarter. So we had a quarter where we finally saw the beginning of the easing cycle here in Brazil with 2 rate cuts that took place during the quarter and after the quarter, more recently, a third cut that was done to the interest rates. But as we have been saying that that's the beginning,

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