Earnings release
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2 Earnings Release Press Release 1st Quarter / 2021 Press Release- Brasília ( DF ) , May , 6th 2021 BB adjusted net income reached R $ 4.9 billion in 1Q21 Growth of 44.7 % in comparision with 1Q20 and 33 % compared to 4Q20 3.4 1Q20 Adjusted Net Income R $ billion + 44.7 % 3.7 4Q20 4.9 1Q21 Banco do Brasil recorded a adjusted net income of R $ 4.9 billion on 1Q21 na increase of 44.7 % compared to 1Q20 and 33.0 % compared to 4Q20 . The growth of RSPL in the quarter , wich reached 15.1 % , a gain of 258bps compared to 1Q20 , reinforces the commitment to profitability . The result was mainly influenced by a reduction in provisioning levels ( -54.2 % compared to 1Q20 and -50.8 % over 4Q20 ) , by the growth of the loan portfolio ( + 4.5 % over March / 20 and + 2.2 % over December / 20 ) and the strict control of expenses ( -0.4 % over 1Q20 and -4.8 % compared to 4Q20 ) . The BIS ratio reached 19.56 % , with 12.89 % CET1 .