B3 · BRL

BRSR5

Banco do Estado do Rio Grande do Sul SA 6 % Conv Pfd A

R$16.01-4.47% (-R$0.75)
Day's range
R$16.01 – R$16.01
Day's volume
R$1.6K
52-week range
R$14.30 – R$19.67

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BRSR5 in numbers

Market cap
R$7.1B
P/E
4.27
P/B
0.55
Dividend yield (12m)
9.84%

The 12-month dividend yield of BRSR5 is 9.84%, above its 5-year average of 7.02%.

BRSR5 price history

10/01/202509/30/2026
Compare with

BRSR5 risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return+17.27%+11.36%+36.28%
Volatility (annualized)47.58%32.44%29.55%
Largest drawdown-16.48%-21.41%-21.41%
Positive months6/1218/3630/60

How much did investing in BRSR5 return?

R$1,000.00 invested on 09/01/2021 would be worth R$1,362.80 today.

Value today in BRSR5
R$1,362.80
Return over the period
+36.28%
Return per year
+6.39%
In the Ibovespa
R$1,657.66

With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.

BRSR5 fundamentals

Valuation

  • P/E
    4.27
  • P/B
    0.55
  • EV/EBITDA
    —
  • EV/EBIT
    —
  • EV/Revenue
    0.31
  • P/EBIT
    —
  • P/S
    0.31
  • P/OCF
    0.48
  • P/FCF
    6.13
  • Earnings yield
    —
  • PEG ratio
    0.13
  • Earnings per share
    R$3.75
  • Book value per share
    R$28.96

Debt

  • Net debt
    —
  • Net debt/EBITDA
    —
  • Net debt/Equity
    —
  • Debt/Equity
    —
  • Current ratio
    1.07
  • Quick ratio
    0.13
  • Cash ratio
    —

Efficiency

  • Gross margin
    28.36%
  • EBITDA margin
    —
  • Operating margin
    —
  • Net margin
    7.10%
  • Asset turnover
    0.13

Profitability

  • ROE
    12.93%
  • ROA
    0.95%
  • ROIC
    —
  • Payout
    42.04%

Growth

  • Revenue CAGR (5 years)
    —
  • Earnings CAGR (5 years)
    —
  • Revenue growth (year)
    32.24%
  • Earnings growth (year)
    120.43%
  • Revenue growth (quarter)
    22.23%
  • Earnings growth (quarter)
    39.29%

What is BRSR5's fair price?

Two classic value formulas, with today's numbers. The current price is R$16.01.

Graham's fair price
R$49.40
208.59% above the price

√(22.50 × R$3.75 × R$28.96)

Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.

Bazin's ceiling price
R$18.67
16.63% above the price

R$1.12 (5-year average) ÷ 6%

Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.

Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.

BRSR5's indicators by year

Multiples at each year's closing price; margins and returns from that year's statements.

Indicator20252024202320222021202020192018
P/E3.658.327.238.546.3413.128.0210.81
P/B0.510.580.740.760.760.991.301.33
Dividend yield10.05%6.85%5.21%5.08%7.89%2.75%5.64%5.39%
Earnings per shareR$3.92R$1.78R$2.48R$2.06R$2.65R$1.52R$3.10R$2.22
Book value per shareR$28.03R$25.48R$24.12R$23.28R$22.22R$20.17R$19.09R$18.01
ROE13.99%6.99%10.26%8.85%11.93%7.51%16.26%12.32%
Gross margin29.31%33.66%31.00%30.36%53.12%60.03%56.18%53.77%
Net margin7.39%4.43%6.79%6.47%14.12%8.40%15.74%10.74%

BRSR5's financial statements

Line202520242023202220212020
Net revenueR$21.7BR$16.4BR$14.9BR$13BR$7.7BR$7.4B
Cost of revenue-R$15.3B-R$10.9B-R$10.3B-R$9.1B-R$3.6B-R$3B
Gross profitR$6.4BR$5.5BR$4.6BR$4BR$4.1BR$4.4B
EBITDA——————
EBIT——————
Financial result——————
Income before taxR$2BR$761MR$1.2BR$760.4MR$1.5BR$783.6M
Income tax-R$298.8M-R$33.2M-R$165.2MR$81.8M-R$392.6M-R$163.8M
Net incomeR$1.6BR$727.8MR$1BR$842.2MR$1.1BR$619.9M

Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.

BRSR5 against its sector

The same indicators for the company's other shares and the sector's largest stocks.

StockP/EP/BDividend yield (12m)ROEMarket cap
BRSR5Banco Estado Do Rio Grande Do Sul4.270.559.84%12.93%R$7.1B
ITUB4ITAU UNIBANCO HOLDING S.A.10.432.247.15%21.50%R$511.8B
ITUB3ITAU UNIBANCO HOLDING S.A.11.412.456.53%21.50%R$511.8B
BPAC3BCO BTG PACTUAL S.A.15.683.481.91%22.20%R$271.9B
BPAC5BCO BTG PACTUAL S.A.13.142.922.28%22.20%R$271.9B
BBDC4BCO BRADESCO S.A.7.921.086.80%13.66%R$183.9B
BBDC3BCO BRADESCO S.A.6.940.957.05%13.66%R$183.9B

Does BRSR5 pay dividends?

Dividend yield per year

  • 3.25%2017
  • 5.39%2018
  • 5.64%2019
  • 2.75%2020
  • 7.89%2021
  • 5.08%2022
  • 5.21%2023
  • 6.85%2024
  • 10.05%2025
  • 7.55%2026
Payment history
TypeLast day to ownPaymentPer share
Interest on equity09/11/202609/28/2026R$0.22
Interest on equity06/12/202606/26/2026R$0.22
Dividend05/04/202605/18/2026R$0.09
Interest on equity03/13/202603/26/2026R$0.22
Interest on equity12/26/202501/09/2026R$0.46
Interest on equity12/12/202512/22/2025R$0.37
Interest on equity09/12/202509/29/2025R$0.27
Interest on equity06/12/202506/26/2025R$0.22
Dividend05/05/202505/16/2025R$0.36
Interest on equity03/14/202503/26/2025R$0.22
Interest on equity12/18/202412/30/2024R$0.20
Interest on equity11/29/202412/11/2024R$0.24
See all 128 distributions
Earlier distributions
TypeLast day to ownPaymentPer share
Interest on equity09/12/202409/27/2024R$0.12
Interest on equity06/14/202406/27/2024R$0.12
Dividend04/30/202405/17/2024R$0.20
Interest on equity03/15/202403/27/2024R$0.12
Interest on equity09/13/202309/29/2023R$0.18
Interest on equity06/14/202306/29/2023R$0.34
Dividend05/03/202305/19/2023R$0.04
Interest on equity03/15/202303/30/2023R$0.37
Interest on equity12/14/202212/28/2022R$0.03
Interest on equity09/12/202209/28/2022R$0.12
Interest on equity06/10/202206/28/2022R$0.38
Dividend05/02/202205/19/2022R$0.04
Interest on equity03/16/202203/28/2022R$0.33
Interest on equity12/15/202112/28/2021R$0.18
Interest on equity09/03/202109/28/2021R$0.26
Interest on equity06/02/202106/28/2021R$0.24
Dividend04/30/202105/28/2021R$0.29
Interest on equity03/05/202103/18/2021R$0.23
Interest on equity12/29/202001/20/2021R$0.05
Interest on equity12/30/202001/19/2021R$0.08
Interest on equity12/10/202012/28/2020R$0.10
Dividend06/09/202006/22/2020R$0.20
Interest on equity03/10/202003/30/2020R$0.25
Interest on equity11/11/201912/09/2019R$0.29
Interest on equity08/12/201909/27/2019R$0.28
Interest on equity05/16/201906/24/2019R$0.28
Dividend06/05/201906/19/2019R$0.08
Dividend04/30/201905/30/2019R$0.04
Interest on equity03/07/201903/28/2019R$0.31
Interest on equity12/26/201801/15/2019R$0.12
Interest on equity12/06/201812/26/2018R$0.08
Interest on equity10/29/201811/14/2018R$0.19
Interest on equity08/15/201809/27/2018R$0.22
Interest on equity05/14/201806/29/2018R$0.22
Dividend05/03/201805/30/2018R$0.05
Interest on equity02/26/201803/28/2018R$0.21
Interest on equity01/04/201802/20/2018R$0.33
Interest on equity11/13/201712/28/2017R$0.07
Interest on equity08/14/201709/28/2017R$0.20
Interest on equity05/15/201706/28/2017R$0.20
Dividend05/04/201705/31/2017R$0.04
Interest on equity03/13/201703/30/2017R$0.20
Interest on equity12/14/201612/29/2016R$0.04
Interest on equity09/06/201609/29/2016R$0.19
Interest on equity06/13/201606/30/2016R$0.19
Interest on equity03/10/201603/29/2016R$0.19
Interest on equity12/03/201512/28/2015R$0.27
Interest on equity09/09/201509/28/2015R$0.23
Interest on equity03/04/201503/30/2015R$0.19
Interest on equity11/25/201412/17/2014R$0.17
Dividend04/30/201405/22/2014R$0.19
Interest on equity02/25/201403/21/2014R$0.16
Dividend04/30/201305/28/2013R$0.09
Interest on equity03/04/201303/27/2013R$0.15
Interest on equity11/26/201212/14/2012R$0.16
Interest on equity09/03/201209/27/2012R$0.15
Dividend12/14/201112/26/2011R$0.16
Interest on equity11/22/201112/16/2011R$0.15
Dividend04/29/201105/31/2011R$0.06
Interest on equity12/01/201012/21/2010R$0.14
Interest on equity06/04/201006/30/2010R$0.12
Interest on equity03/05/201003/31/2010R$0.12
Interest on equity12/01/200912/21/2009R$0.12
Interest on equity09/01/200909/28/2009R$0.11
Dividend03/31/200904/24/2009R$0.10
Interest on equity03/11/200903/31/2009R$0.12
Interest on equity06/09/200806/30/2008R$0.10
Dividend12/14/200712/27/2007R$0.19
Other11/23/2018—R$0.86
Interest on equity06/02/2015—R$0.21
Dividend04/30/2015—R$0.03
Interest on equity09/03/2014—R$0.17
Interest on equity06/04/2014—R$0.16
Interest on equity11/22/2013—R$0.16
Interest on equity09/03/2013—R$0.15
Interest on equity06/04/2013—R$0.15
Dividend12/18/2012—R$0.11
Interest on equity06/04/2012—R$0.16
Dividend04/30/2012—R$0.18
Interest on equity03/02/2012—R$0.16
Interest on equity09/01/2011—R$0.14
Interest on equity05/20/2011—R$0.14
Interest on equity03/04/2011—R$0.14
Dividend12/15/2010—R$0.17
Interest on equity09/01/2010—R$0.13
Dividend04/30/2010—R$0.07
Interest on equity06/05/2009—R$0.12
Interest on equity12/12/2008—R$0.11
Interest on equity09/09/2008—R$0.10
Interest on equity05/07/2008—R$0.10
Dividend03/25/2008—R$0.36
Interest on equity06/28/2007—R$0.49
Interest on equity04/10/2007—R$1.99
Interest on equity12/06/2006—R$2.81
Interest on equity05/18/2006—R$0.50
Interest on equity03/24/2006—R$1.01
Interest on equity03/20/2006—R$0.97
Interest on equity12/29/2005—R$3.41
Interest on equity08/23/2005—R$0.25
Interest on equity03/23/2005—R$0.65
Interest on equity02/15/2005—R$1.62
Interest on equity03/25/2004—R$1.88
Interest on equity12/19/2003—R$0.02
Interest on equity12/10/2003—R$2.91
Interest on equity10/22/2003—R$0.44
Interest on equity03/25/2003—R$0.24
Interest on equity03/19/2003—R$1.22
Interest on equity11/01/2002—R$0.33
Interest on equity04/23/2002—R$0.58
Interest on equity03/21/2002—R$0.68
Interest on equity10/24/2001—R$1.27
Interest on equity12/13/2000—R$1.36
Interest on equity01/06/2000—R$0.37
Interest on equity12/17/1999—R$0.37
Dividend08/20/1996—R$0.74
Dividend02/14/1996—R$1.05
Splits, reverse splits and bonus shares
EventLast day to ownRatio
Reverse split07/23/20071 for 150
Split06/22/20075 for 4
Bonus shares06/21/2007-99.33% in shares

About Banco Estado Do Rio Grande Do Sul

Listing segment
Level 1
Tag along
Set by the bylaws
Free float
50.61%
Shares issued
205.06M common · 203.91M preferred
Average daily trading
R$3.7K
Listed since
09/16/1931
CNPJ
92.702.067/0001-96
ShareholdersAs of 12/31/2026, from the Formulário de Referência filed with the CVM.
ShareholderCommonPreferredTotal
Governo do Estado do Rio Grande do SulControlling98.13%0.37%49.39%
Outros1.87%99.63%50.61%

Questions about BRSR5

How much is BRSR5 today?

BRSR5 is at R$16.01 (-4.47% on the day), last traded on 10/01/2026.

How much did BRSR5 pay in dividends in 2025?

BRSR5 paid R$1.44 per share in 2025, a dividend yield of 10.05%.

What are the P/E and P/B of BRSR5?

BRSR5 trades at a P/E of 4.27 and a P/B of 0.55.

How much did BRSR5 return in 12 months?

BRSR5 returned 17.27% in 12 months, with annualized volatility of 47.58% and a largest drawdown of -16.48%.