Banco Santander (Brasil) S.A. (NYSE:BSBR) Q2 2023 Earnings Conference Call July 26, 2023 9:00 AM ET
Company Participants
Camila Toledo - Head, IR
Mario Leao - CEO
Gustavo Viviani - CFO, VP & IR Officer
Conference Call Participants
Gustavo Schroden - Bradesco BBI
Flavio Yoshida - Bank of America Merrill Lynch
Yuri Fernandes - JPMorgan Chase & Co.
Pedro Leduc - Itaú BBA
Daniel Vaz - Crédit Suisse
Olavo Duarte - UBS
Daer Labarta - Goldman Sachs Group
Camila Toledo
Good morning. I am Camila Toledo, Head of Investor Relations and Market Intelligence of Santander Brazil. Thank you for joining us this morning for the presentation of our second quarter 2023 results. This event is being broadcast live directly from our headquarters in Sao Paulo and will be divided into 3 parts.
First, our CEO, Mario Leao will talk about the key topics of the quarter and also the strategies that are driving our growth for the next quarters and also in 2024. Next, our CFO, Gustavo Alejo will present a detailed analysis of our performance and the results for the quarter. And at the end, we will hold a Q&A session when the analysts will have the opportunity to interact directly with our leadership.
Before we proceed, I would like to give you some instructions to help you make the most out of this event. For those watching us today, there are three audio options on your screen. You can listen to the entire session in Portuguese, listen to it in English or get the original audio. Simultaneous translation will be available in the first few options. To choose your audio preference, just click in the icon in the center at the bottom of your screen. [Operator Instructions].
Once again, simultaneous translation is available in both cases, or you can also choose the original audio option. Today's presentation is available for download at our IR website.
Now I'll hand the floor over to Mario Leao, who will start the presentation. Mario, please go ahead.
Mario Leao
Thank you, Camila. Good morning, everyone, and thank you for joining us today for our earnings results call of the second quarter 2023. I would like to start by highlighting the performance and resilience of our net interest income, particularly in the context where we still experience pressure on revenues, given the decision to tighten lending 18 months ago and the focus on higher rating clients more collateralized products. We expect this positive trend that we show you again to continue and accelerate over the coming quarters as we regain our risk appetite, always choosing products and correct clients to expand.