The value grew 21.6% compared to the previous year; bank leads real estate market with 67.5% share in 2024
recorded recurring net profit of R$9.4 billion in the first 9 months of 2024. The value represents an increase of 21.6% compared to the same period of the previous year. The result was announced this Monday (12.Nov.2024), by the state bank through a .
In addition to the growth between the 9-month periods, the state bank also made a profit in the third quarter of 2024, which was R$3.3 billion. The value represents a growth of 0.7% compared to the third quarter of 2023.
In real estate credit, Caixa maintained its leadership with 67.5% of the market in September 2024. 627.2 thousand properties were financed in the first 9 months of 2024, benefiting around 2.5 million people and generating more than 1, 4 million direct and indirect jobs.
The bank saw its return on recurring equity reach 9.3% in September 2024. This represents an increase of 1.4 percentage points in one year. The financial margin reached R$45.3 billion, with growth of 4.5% over the same period in 2023. Service revenue rose to R$20.4 billion, an increase of 7.0% in 12 months.
Caixa’s total assets reached R$2.0 trillion in September 2024, an increase of 13.9% in one year. The total credit portfolio had a balance of R$1.209 trillion, growing 10.8% compared to September 2023. The balance in the sustainable finance portfolio was R$832.6 billion, an increase of 15.4% compared to September 2023. 12 months.
Caixa also stood out in social contributions, disbursing R$11.3 billion to states and municipalities and resuming 1,500 works with resources from the General Budget of the Union and the Growth Acceleration Program. Launched Espaço GovTech, an innovation hub for startups with technological solutions for public policies.
In digital and financial inclusion, the bank launched the New PJ MEI Digital Package, for micro-entrepreneurs, which produced a 52.4% increase in digital transactions, reducing physical services by 7.9%.
Caixa also adhered to the Principles for Banking Responsibility and the Partnership for Accounting for Carbon Emissions, and allocated R$53 million to Caixa Socio-Environmental Fund projects.
