Banco ABC Brasil (BSP:ABCB4) Selling, General, & Admin. Expense: R$308 Mil (TTM As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:ABCB4 Banco ABC Brasil SA BSP:ABCB4
62 GF Score
Price R$23.51
GF Value R$27.33
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Banco ABC Brasil Selling, General, & Admin. Expense?

Banco ABC Brasil BSP:ABCB4 -1.01% 62 Selling, General, & Admin. Expense is R$308 Mil as of Dec. 2025. GuruFocus rates BSP:ABCB4 with a GF Score™ of 62/100 and a GF Value™ of R$27.33 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Banco ABC Brasil's selling, general, & admin. expense for the three months ended in Dec. 2025 was R$78 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was R$308 Mil.


Banco ABC Brasil  (BSP:ABCB4) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Banco ABC Brasil Selling, General, & Admin. Expense Related Terms


Banco ABC Brasil Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Banco ABC Brasil's Selling, General, & Admin. Expense 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 ABC Brasil Selling, General, & Admin. Expense Chart

Banco ABC Brasil Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 139.33 211.55 236.78 266.08 283.08

Banco ABC Brasil Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Selling, General, & Admin. Expense 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 69.02 63.09 72.80 78.16 93.60

Banco ABC Brasil Selling, General, & Admin. Expense Competitor Comparison

For the Banks - Regional subindustry, Banco ABC Brasil's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Banco ABC Brasil Selling, General, & Admin. Expense vs Banks Industry

For the Banks industry and Financial Services sector, Banco ABC Brasil's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Banco ABC Brasil's Selling, General, & Admin. Expense falls into.


BSP:ABCB4
62GF Score
Banco ABC Brasil SA BSP:ABCB4
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Banco ABC Brasil Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was R$308 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.

What does a Selling, General, & Admin. Expense of R$308 Mil mean?
Banco ABC Brasil (BSP:ABCB4) has a Selling, General, & Admin. Expense of R$308 Mil as of Dec. 2025. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Banco ABC Brasil and its competitors.
Is Banco ABC Brasil's Selling, General, & Admin. Expense too high?
Banco ABC Brasil's current Selling, General, & Admin. Expense is R$308 Mil. Overall, Banco ABC Brasil has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Banco ABC Brasil's Selling, General, & Admin. Expense compare to competitors?
Banco ABC Brasil's Selling, General, & Admin. Expense of R$308 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 Selling, General, & Admin. Expense for a Banks company?
A good Selling, General, & Admin. Expense depends on the Banks industry context. However, Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Banco ABC Brasil and its competitors. Banco ABC Brasil's current Selling, General, & Admin. Expense is R$308 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco ABC Brasil stock overvalued right now?
Based on GuruFocus' analysis, Banco ABC Brasil (BSP:ABCB4) is currently considered Modestly Undervalued. The stock's GF Value™ is R$27.33, compared to a current price of R$23.51 — trading 14% below its estimated fair value. The current Selling, General, & Admin. Expense is R$308 Mil. Banco ABC Brasil's overall GF Score™ is 62/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Banco ABC Brasil (BSP:ABCB4), the current Selling, General, & Admin. Expense is R$308 Mil as of Dec. 2025. 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.

Is Banco ABC Brasil (BSP:ABCB4) Overvalued in 2026?

Based on GuruFocus' analysis, Banco ABC Brasil stock appears to be undervalued. The current stock price of R$23.51 is trading 14% below its estimated GF Value™ of R$27.33. GuruFocus considers Banco ABC Brasil to be Modestly Undervalued.

Key valuation signals for BSP:ABCB4:

  • Selling, General, & Admin. Expense: R$308 Mil
  • GF Value™: R$27.33 vs. price of R$23.51 (14% below fair value)
  • GF Score™: 62/100 with 3 warning signs

No single metric tells the full story. See the BSP:ABCB4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Banco ABC Brasil Business Description

Address Avenide Cidade Jardim, 803 - 2nd floor, Itaim Bibi, Sao Paulo, SP, BRA, 01453-000
Banco ABC Brasil SA operates as a commercial bank specializing in lending and providing services for mid-size and large companies. It focuses on asset and liability operations across multiple banking activities and is authorized to operate in commercial banking, foreign exchange, investment banking, credit, financing, and real estate credit. The company's activities also include debt and equity capital markets, mergers and acquisitions, project finance, energy trading, and insurance brokerage. It derives the majority of its revenue from financial guarantees provided.
62GF Score

Get the complete analysis for BSP:ABCB4

Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$23.51
Price
R$27.33
GF Value