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Article: Banrisul Announces R$ 725.1 Million Net Income in the First Half of 2007.
- Article from:
- PR Newswire
- Article date:
- August 13, 2007
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PORTO ALEGRE, Brazil, Aug. 13 /PRNewswire-FirstCall/ -- Banco do Estado do Rio Grande do Sul S.A. ("Banrisul") (Bovespa: BRSR3; BRSR5; BRSR6; BRSR11), a multiple-service bank active in all segments of Rio Grande do Sul's society, announces today its results for the first half of 2007 (1H07).
Operational and Financial Highlights
Banrisul's consolidated net income in the first half of 2007 was
R$ 725.1 million, with annualized return of 94.0% on Stockholders' Equity.
Consolidated Stockholders' Equity of R$ 1,845.9 million rose 49.8%
compared to 1H06 and the reference Stockholders' Equity, utilized to gauge
operational limits, reached R$ 1,843.9 ...