Banco Daycoval S.A. (BSP:DAYC3) Net Income: R$398.06 Mil (TTM As of Jun. 2016)


What is Banco Daycoval S.A. Net Income?

Banco Daycoval S.A. BSP:DAYC3 Net Income is R$398.06 Mil as of Jun. 2016. The stock has 3 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Banco Daycoval S.A.'s Net Income for the three months ended in Jun. 2016 was R$69.23 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2016 was R$398.06 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Banco Daycoval S.A.'s Earnings per Share (Diluted) for the three months ended in Jun. 2016 was R$0.28.

Banco Daycoval S.A.  (BSP:DAYC3) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Banco Daycoval S.A.'s Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2016 is calculated as

Earnings per Share (Diluted) (Q: Jun. 2016 )=(Net Income-Preferred Dividends)/Shares Outstanding (Diluted Average)
=(69.227-0)/243.750
=0.28

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.

Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.

Banco Daycoval S.A. Net Income Related Terms

Banco Daycoval S.A. Net Income Historical Data

* Premium members only.

The historical data trend for Banco Daycoval S.A.'s Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Banco Daycoval S.A. Net Income Chart

Banco Daycoval S.A. Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 293.99 361.36 233.80 278.15 432.01

Banco Daycoval S.A. Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 83.33 85.56 158.04 85.23 69.23

Banco Daycoval S.A. Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Banco Daycoval S.A.'s Net Income for the fiscal year that ended in Dec. 2015 is calculated as

Net Income(A: Dec. 2015 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=601.777+-121.833+0+-47.931
=432.01

Banco Daycoval S.A.'s Net Income for the quarter that ended in Jun. 2016 is calculated as

Net Income(Q: Jun. 2016 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=101.375+-19.984+0+-12.164
=69.23

Net Income for the trailing twelve months (TTM) ended in Jun. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was R$398.06 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of R$398.06 Mil mean?
Banco Daycoval S.A. (BSP:DAYC3) has a Net Income of R$398.06 Mil as of Jun. 2016. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Banco Daycoval S.A. and its competitors.
Is Banco Daycoval S.A.'s Net Income too high?
Banco Daycoval S.A.'s current Net Income is R$398.06 Mil.
How does Banco Daycoval S.A.'s Net Income compare to FISI and MBIN?
Banco Daycoval S.A.'s Net Income of R$398.06 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a Banks company?
A good Net Income depends on the Banks industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Banco Daycoval S.A. and its competitors. Banco Daycoval S.A.'s current Net Income is R$398.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Daycoval S.A. stock overvalued right now?
Banco Daycoval S.A. (BSP:DAYC3) has a current Net Income of R$398.06 Mil. The current Net Income is R$398.06 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Banco Daycoval S.A. (BSP:DAYC3), the current Net Income is R$398.06 Mil as of Jun. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Banco Daycoval S.A. Business Description

Banco Daycoval S.A. was founded in 1968. It is a is a commercial bank. The Company along with its subsidiaries is engaged in commercial, foreign exchange, investment and lending portfolios. It also provide services including management of assets, life insurance and pension plans. The Company operates in four business segments: financial segment; asset management segment; insurance and pension fund segment; andother segments. Financial segment - handles individual customer deposits and provides loan, overdraft, credit card, and wire transfer services, and performs treasury, finance and other core functions; Asset management segment - services to institutional investors and intermediaries by providing financial asset management through investment funds; and Insurance and pension fund segment - offers life insurance and open-end supplementary pension funds, by operating lump-sum and annuity plans, consisting of the plans' participants' contributions.