BTG Pactual stock heads into November 10 results after Q2 growth

Published on 10/07/2026 at 02:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BTG Pactual stock was last at BRL 78.62 on October 6, 2026, after a 2.81 percent decline. Q2 revenue reached BRL 10.4 billion, up 16 percent year over year.

BTG Pactual, BRBPACUNT006, Illustration mit AI erstellt.

BTG Pactual (ISIN BRBPACUNT006) was last at BRL 78.62 on B3 on October 6, 2026, down 2.81 percent from the prior session. The bank has scheduled its Q3 2026 results for November 10, 2026, according to BTG Pactual.

November results follow record Q2

The next report will test whether the earnings momentum shown in Q2 can continue. In its Q2 2026 earnings call on August 11, 2026, Yahoo Finance reported that BTG Pactual generated BRL 10.4 billion in revenue, a 16 percent year-over-year increase.

Net income reached BRL 5.1 billion in Q2, up 23 percent year over year, while return on equity stood at 26.7 percent. The figures give the November report a clear benchmark: investors will be comparing fresh earnings with a quarter that combined record results and operating leverage.

Credit growth raises the stakes

BTG Pactual's credit portfolio reached BRL 367 billion in Q2, 24 percent above the year-earlier level, according to Yahoo Finance. The bank also reported BRL 2.7 trillion in combined assets under management and wealth under management, giving the business a second growth engine beyond lending.

The call also identified a counterweight. Management described household and government indebtedness as elevated and said it was concentrating on collateralized lending while reducing exposure to higher-risk segments. That makes credit quality and portfolio mix important checkpoints for the November release.

Consensus sits below the market

According to Zonebourse, the consensus rating is Buy from 13 analysts, with an average price target of BRL 67.31. The target is below the October 6 price of BRL 78.62, so the upcoming results must support the market valuation rather than merely repeat the Q2 growth rates.

Citi separately raised its target from BRL 70 to BRL 72 and maintained a Buy recommendation on September 18, 2026, as reported by Estadao. That target revision predates the latest market quote and remains a separate reference point for the November earnings test.

Stock stays below the yearly high

BTG Pactual was last at BRL 78.62 on B3 on October 6, 2026, with volume of 27,228,300 units. The 52-week range runs from BRL 45.12 to BRL 84.59, while market capitalization was BRL 222.6 billion on the same date.