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Brazil
Company data displayed is for sample purposes only and may not reflect the most current information available on Emerging Markets Information Service (EMIS).

Banco Industrial e Comercial

Main Activities: Banking and Credit Intermediation

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Company Information

Full name
Banco Industrial e Comercial S.A.

Previous name(s)
Banco Industrial do Ceará

Headquarters
Av. Brigadeiro Faria Lima, 4.440 - 1º ao 5º andares - Itaim Bibi; Sao Paulo; Sao Paulo; 04538-132
Investor Relations
Av. Faria Lima, 4.440 - 5º andar - Itaim Bibi; Sao Paulo; Sao Paulo; 04538-132
Legal Address
Av. Brigadeiro Faria Lima, 4.440 - 1º ao 5º andares - Itaim Bibi; Sao Paulo; Sao Paulo; 04538-132
Status: Listed
Legal Form: Public Limited Company
Operational Status: Operational
Fiscal ID (CNPJ): 07450604/0001-89
Fiscal ID (ISIN CODE ): BRBICBACNOR0
Financial Auditors: KPMG (2012)
Incorporation Date: February 20, 1938
Total Employees: 906

Tel: +55 11 2173-9153, +55 11 2173-9253, +55 11 2173-9000

Company Description

BicBanco is one of the oldest private sector banks in Brazil (founded in 1938). It is controlled by the Bezerra de Menezes Financial Group since its foundation. Acting for a long time as a regional financial institution, became a nation-wide bank during the 80s; opening of the Cayman Islands Branch in 2002. Focus on credit operations to the Middle Market segment secured by receivables.

Company Analysis

According to the Individual - Audited financial statement for the third quarter of 2012, total net operating revenues decreased with -54.36%, from BRL 1,185,939.12 thousands to BRL 541,299.94 thousands. Operating result decreased from BRL 55,209.82 thousands to BRL 14,530.27 thousands which means -73.68% change. The results of the period decreased -62.05% reaching BRL 19,734.69 thousands at the end of the period against BRL 51,999.11 thousands last year. Return on equity (Net income/Total equity) went from 2.60% to 0.98%, the Return On Asset (Net income / Total Asset) went from 0.30% to 0.11% and the Net Profit Margin (Net Income/Net Sales) went from 4.38% to 3.65% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 803.33% compared to 777.75% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 1.39 to 1.40 when compared to the previous year.

Key Executives

Jose Adauto Bezerra Chairman of the Board of Directors
Daniel Joseph Mcquoid Member of Board of Directors
Francisco Humberto Bezerra Member of Board of Directors
Jose Bezerra de Menezes Member of Board of Directors and CEO
Jose Adauto Bezerra Junior Vice President Director
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Balance Sheet

Total Assets

18,262,003

18,101,882

Current Assets

13,348,504

13,635,928

Total Liabilities

16,286,133

16,097,972

Shareholders Equity

1,975,870

2,003,909

Current Liabilities

9,756,408

9,726,379

* All the accounts are in BRL.
Income Statement

Total Operating Revenue

1,874,963

Operational Profit (Loss)

-554,624

92,766

Net Profit (Loss)

110,531

86,311

* All the accounts are in BRL.
Ratios
Profitability Ratios

Return on Assets (ROA)

0.61%

0.48%

Annualised Return on Assets (ROA)

0.61%

0.64%

Return on Equity (ROE)

5.59%

4.31%

Annualised Return on Equity (ROE)

5.59%

5.75%

Return on Sales (ROS)

0%

174.42%

Return on Capital

-6.52%

1.11%

Gross Profit Margin

0%

180.69%

Operating Profit Margin

0%

4.95%

Efficiency Ratios

Current asset turnover

-x

0.14x

Fixed-asset turnover

-x

3.45x

Asset Turnover

-x

0.10x

Valuation figures and ratios

Earning Before Interests and Taxes (EBIT)

-554,624

92,766

EBITDA

-554,624

Bookvalue (BV)

1,975,870

2,019,634

Net Cash

209,959

-6,352,065

Liquidity Ratios

Current Ratio

136.82%

140.2%

Quick ratio

136.82%

Doom's day ratio

2.15%

Leverage Ratios

Leverage ratio

924.25%

903.33%

Interest Coverage Ratio

28.1%

Debt to equity

824.25%

802.35%

Debt to total assets

89.18%

88.82%

Market ratios

Market Capitalization/EBITDA

-1.73

Price/Book Ratio

0.86

0.01

Market Cap / Net cash

-0.15

-0.34

Trend Ratios

Revenue Trend

0%

82.65%

Net Income Trend

59.98%

42.75%

Operating Income Trend

103.71%

34.75%