Banco BTG Pactual S.A. (BPAC11) — Tangible Net Worth Ratio

Latest as of December 2025: 91.1%

Banco BTG Pactual S.A. (BPAC11) has a Tangible Net Worth Ratio of 91.1% as of December 2025. This metric is calculated by deducting intangible assets (R$6.83 Billion) from net assets (R$76.91 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See net assets of Banco BTG Pactual S.A. for net asset value and shareholders' equity analysis.

Tangible NW Ratio

91.1%
Tangible equity / total equity

Net Assets (Equity)

R$76.91 Billion
BRL

Intangible Assets

R$6.83 Billion
Goodwill, patents, brand value

Total Assets

R$805.97 Billion
BRL

Banco BTG Pactual S.A. Tangible Net Worth Ratio (2008–2025)

This chart shows how Banco BTG Pactual S.A.'s Tangible Net Worth Ratio has changed across 18 annual periods from 2008 to 2025. As of December 2025, the ratio stands at 91.1%, reflecting net assets of R$76.91 Billion with intangible assets of R$6.83 Billion BRL. Also explore Banco BTG Pactual S.A. (BPAC11) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Banco BTG Pactual S.A. (2008–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Banco BTG Pactual S.A. from 2008 to 2025, covering 18 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see BPAC11 market cap overview.

Year Tangible NW Ratio Net Assets (BRL) Intangible Assets Total Assets Change (pp)
2025 91.1% R$76.91 Billion R$6.83 Billion R$805.97 Billion ▼ -2.3 pp
2024 93.5% R$63.53 Billion R$4.16 Billion R$646.84 Billion ▲ +1.4 pp
2023 92.1% R$53.54 Billion R$4.24 Billion R$493.23 Billion ▲ +2.2 pp
2022 89.9% R$46.61 Billion R$4.70 Billion R$450.61 Billion ▲ +0.2 pp
2021 89.7% R$40.51 Billion R$4.16 Billion R$346.14 Billion ▼ -10.1 pp
2020 99.8% R$146.64 Billion R$315.83 Million R$244.93 Billion ▲ +0.7 pp
2019 99.1% R$21.74 Billion R$190.89 Million R$164.38 Billion ▼ -0.4 pp
2018 99.6% R$18.79 Billion R$82.34 Million R$160.74 Billion ▲ +1.6 pp
2017 98.0% R$116.00 Billion R$2.32 Billion R$117.47 Billion ▼ -1.6 pp
2016 99.6% R$108.69 Billion R$396.84 Million R$111.41 Billion ▲ +3.1 pp
2015 96.5% R$20.36 Billion R$714.62 Million R$227.22 Billion ▲ +0.8 pp
2014 95.7% R$15.50 Billion R$667.60 Million R$157.71 Billion ▲ +0.5 pp
2013 95.2% R$12.82 Billion R$613.09 Million R$120.89 Billion ▲ +1.2 pp
2012 94.0% R$10.44 Billion R$625.59 Million R$124.43 Billion ▼ -2.5 pp
2011 96.6% R$6.55 Billion R$225.37 Million R$82.39 Billion ▼ -1.9 pp
2010 98.4% R$5.54 Billion R$86.74 Million R$73.05 Billion ▲ +16.2 pp
2009 82.3% R$3.19 Billion R$565.86 Million R$21.84 Billion ▼ -17.7 pp
2008 100.0% R$3.87 Billion R$0.00 R$19.27 Billion
pp = percentage points