Business · Companies · 1 hr ago
Rodobens third-quarter profit rises 3.4% to R$103.6 million
Rodobens' third-quarter profit rose 3.4% from a year earlier, reaching R$103.6 million.
The company operates in financial services, including loans, insurance and consortia, as well as automotive retail.
Its credit portfolio grew 11% to R$33 billion, according to its results.
Rodobens said it was prioritising the quality of its lending and careful use of capital as credit conditions tightened.
Its active consortia portfolio reached R$30.2 billion at the end of September, up 13% year on year, while net insurance premiums rose 15.7% over the first nine months.
Automotive retail generated R$6.1 billion in business and sold 17,500 vehicles in the first nine months; consolidated EBITDA for that period more than doubled to R$712.8 million.
Rodobens reported third-quarter net profit of R$103.6 million, up 3.4% from a year earlier.
Its credit portfolio grew 11% to R$33 billion, according to its financial results.
The company said it prioritised portfolio quality and careful capital allocation amid tighter credit conditions.
Its active consortium portfolio reached R$30.2 billion at the end of September, up 13% year on year.
- Who
- Rodobens, a company active in financial services and automotive retail.
- What
- It reported third-quarter net profit of R$103.6 million, up 3.4% year on year.
- When
- The third quarter of 2026; the company announced the results on Friday, November 13.
- Where
- Not stated.
- Why
- Not stated.
This story does not have two clearly opposing sides.
Rodobens recorded net profit of R$103.6 million, up 3.4% from the same period a year earlier.
Rodobens announced its third-quarter results.
- Net profit
- R$103.6 million
- Profit growth
- 3.4% year on year
- Credit portfolio
- R$33 billion, up 11%
- Active consortium portfolio
- R$30.2 billion at the end of September, up 13% year on year
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What people are saying
In a more restrictive credit scenario, we prioritised portfolio quality and careful capital allocation, seeking to preserve returns and maintain the company's financial strength.