1

Banco do Brasil1Q07 Results

Banco do Brasil1Q07 Results

2

2,343

1,546

907

1,2481,409

1Q06 2Q06 3Q06 4Q06 1Q07

63.0

36.319.8

26.7 29.4

Net IncomeNet IncomeNet IncomeNet Income

647

938Δ=12.9%

Δ= 50.2%¹

R$ million

(1) Change over recurring net income

832

22.5

14.2 18.0

Net Income

ROE (Annualized) - %

Recurring Net Income

Recurring ROE (Annualized) - %

3

Net Interest IncomeNet Interest IncomeNet Interest IncomeNet Interest Income

1Q06 3Q06 4Q06 1Q072Q06

R$ million

4,406 4,312 4,4034,855 4,852

3,521

5,095

275

4,4863,283

5,339

588

4,8983,405

5,361

330

4,6933,274

5,816

397

4,6313,043

6,101

506

4,798

Expenses Securities Loans OthersNII

4

Net Interest MarginNet Interest MarginNet Interest MarginNet Interest Margin

(1) Net Interest Income over earning Assets

NIM Annualized¹ - %Selic Rate Annualized - %

AgribusinessesBusinessesIndividuals

Annualized NIM by Loan Portfolio - %

1Q06 2Q06 3Q06 4Q06 1Q07

8.5 8.1 7.9 8.4 7.9

17.215.7 14.6 13.6 12.9

1Q06 2Q06 3Q06 4Q06 1Q07

6.1 5.7 5.2 6.4 7.0

8.4 8.9 8.5 8.0 7.3

31.7 33.0 31.4 31.828.9

5

R$ billion

Loan PortfolioLoan PortfolioLoan PortfolioLoan Portfolio

Businesses Agribusinesses Individuals Abroad

1Q06 2Q06 3Q06 4Q06 1Q07

39.8

37.1

19.8

8.9

105.5

41.7

39.9

21.6

9.9

113.1

44.4

40.3

23.2

10.4

118.3

51.9

45.1

24.0

12.2

133.2

55.2

46.8

26.1

12.3

140.4

Δ % Over1Q06 4Q06

33.0 5.4

38.8 1.1

32.1 8.9

26.2 3.8

38.5 6.3

6

R$ billion

Loan Portfolio - IndividualsLoan Portfolio - IndividualsLoan Portfolio - IndividualsLoan Portfolio - Individuals

Car Loans Credit Card Overdraft Account Payroll Loans Others

1Q06 2Q06 3Q06 4Q06 1Q07

2.72.4

6.0

10.1

2.82.3

7.4

10.1

3.1

2.1

8.3

9.6

3.2

2.7

9.3

9.7

2.62.5

9.8

4.7

0.2 0.4 0.6 1.20.9

19.821.6

23.2 24.026.1

Δ % Over1Q06 4Q06

32.1 8.9

(0.4) 1.2

7.9 25.8

21.8 3.8

99.0 12.6

421.7 34.4

7

1Q06 2Q06 3Q06 4Q06 1Q07

BB

Banking Industry

Banking Industry

BB

Credit RiskCredit RiskCredit RiskCredit Risk

Average Risk - %

Required Provision over Past Due Loans + 90 days - %

213.9 214.0 222.7

172.7 166.9 168.1

211.1

174.1 177.3173.9

6.6

6.66.9

5.4

6.8

5.4

6.7 6.66.26.2

8

Delinquency and Provision for Credit RiskDelinquency and Provision for Credit RiskDelinquency and Provision for Credit RiskDelinquency and Provision for Credit Risk

(1) Average Portfolio and Expenses of the past 12 months

Provision Expense - R$ million

Provision Expense over Loan Portfolio¹ - %

1Q06 2Q06 3Q06 4Q06 1Q07

Provision over Loan Portfolio - %

Past Due Loans + 15 days over Loan Portfolio - %

Past Due Loans + 60 days over Loan Portfolio - %

1,345

1,757

1,3851,257

1,431

4.95.5 5.6

5.0 4.8

1Q06 2Q06 3Q06 4Q06 1Q07

7.3 7.4 7.4

6.5 6.56.0

5.0 5.2

4.1 4.2

4.33.6 3.8

2.9 2.8

9

Credit Risk Provisions BreakdownCredit Risk Provisions BreakdownCredit Risk Provisions BreakdownCredit Risk Provisions Breakdown

R$ million

Required Provision Additional Provision Total Provision

7,662 8,2097,238 7,5516,982

752 5481,397

1,582

749

8,414 8,757 8,6359,133

7,731

Mar/06 Jun/06 Sep/06 Dec/06 Mar/07

10

DepositsDepositsDepositsDeposits

R$ billion

Mar/06 Jun/06 Sep/06 Dec/06 Mar/07

Saving Deposits Demand Deposits Time Deposits Others

139.2 139.9144.9

158.8 160.7

33.0 33.2 34.4 36.7 38.9

31.9 31.4 32.4 40.1 35.6

68.9 69.4 72.376.9 80.9

6.0

5.2 5.3

5.4 5.7

Δ % Over1Q06 4Q06

15.4 1.1

(2.2) 2.0

17.3 5.1

11.6 (11.2)

18.1 6.1

11

Fee IncomeFee IncomeFee IncomeFee Income

R$ million

Products Customers Others

1Q06

1,088

667

348

2Q06

1,146

715

385

3Q06

1,133

713

406

4Q06

1,143

722

422

1Q07

1,227

742

4082,103 2,246 2,252 2,287 2,377

Δ % Over1Q06 4Q06

13.0 3.9

17.2 (3.3)

11.3 2.8

12.8 7.3

12

AUM - R$ billion

21.8

1.4

1Q06

22.2

1.5

2Q06

22.6

1.5

3Q06

22.8

1.6

4Q06

23.0

1.6

1Q07Individuals Businesses

169.2

1Q06

171.2

2Q06

180.6

3Q06

182.7

4Q06

193.1

1Q07

20.119.7 19.7

19.1 19.1

Market Share - %

Customers and Asset ManagementCustomers and Asset ManagementCustomers and Asset ManagementCustomers and Asset Management

Customers - thousand

Δ=5.7%

Δ=14.1%

23.3 23.7 24.624.424.1

13

Value Added¹ - R$ million

InsuranceInsuranceInsuranceInsurance

236

1Q06

245

2Q06

250

3Q06

300

4Q06

315

1Q07

(1) Includes equity income, fee income, brokerage and asset management income

Δ=4.8%

Δ=33.7%

14

Credit CardsCredit CardsCredit CardsCredit Cards

(1) Includes fee income, financing income, equity income and others.

441

1Q06

454

2Q06

486

3Q06

558

4Q06

508

1Q07

Δ= - 8.9%

Δ=15.1%

Value Added¹ - R$ million

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Credit CardsCredit CardsCredit CardsCredit Cards

9.2

1Q06

8.9

2Q06

9.4

3Q06

11.3

4Q06

11.1

1Q07

Revenues¹ - R$ billion

9.511.4

14.1 14.4

9.9

Credit Cards - million

(1) Includes Credit Cards and Debit Cards

Δ= - 0.9%

Δ=20.5%

16

Administrative ExpensesAdministrative ExpensesAdministrative ExpensesAdministrative Expenses

R$ million

(1) Legal risk is not included.

1,781

1,331

1Q06

1,839

1,383

2Q06

1,804

1,378

3Q06

1,846

1,516

4Q06

1,748

1,401

1Q07

Personnel Expenses¹ Other Administrative Expenses¹

3,156 3,253 3,216 3,3963,186

Δ % Over1Q06 4Q06

1.0 (6.2)

5.2 (7.6)

(1.8) (5.3)

17

83.4

10.5

1Q06

82.9

10.5

2Q06

82.6

10.2

3Q06

82.7

9.9

4Q06

82.5

10.1

1Q07

Employees Interns

Branches Others

Human Resources and LogisticsHuman Resources and LogisticsHuman Resources and LogisticsHuman Resources and Logistics

Points of Service - thousand

Workforce - thousand

1Q06

3.9

10.9

2Q06

3.9

11.0

3Q06

4.0

11.1

4Q06

4.0

11.1

1Q07

4.0

11.2

14.9 15.0 15.115.115.0

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Productivity RatioProductivity RatioProductivity RatioProductivity Ratio

112.1 112.2 113.4 112.9127.9

Fee Income Personnel ExpensesCoverage Ratio¹ - %

R$ million

1Q06 2Q06 3Q06 4Q06 1Q07

2,103 2,246 2,252 2,287 2,377

1,8762,001 1,945 2,050

1,859

(1) Year to Date

19

48.1 45.5 46.5 47.5 44.1

Administrative Expenses Operating Income

Productivity RatioProductivity RatioProductivity RatioProductivity Ratio

Efficiency Ratio¹ - %

R$ million

1Q06 2Q06 3Q06 4Q06 1Q07

3,237 3,451 3,443 3,614 3,325

6,726

7,978

7,064 7,1387,532

(1) Year to Date

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Hybrid Private Label: from 68 thousand cards in Dec/06 to 155 thousand in Mar/07.

Five new partnerships with retailers in 2007, totaling 18;

Contracts reached R$ 16 million with R$ 1.7 million disbursed in less than two months;

Disbursements expectation until year’s end: R$ 650 million;

Own Portfolio: estimated to be implemented in the 2H07.

Retail StrategiesRetail StrategiesRetail StrategiesRetail Strategies

Partnerships with Retailers

Car loans

Mortgage Loans

694 formalized agreements (car dealers and multibrand);

Localiza: R$ 28 million contracted in 1,4 thousand operations;

Other partners: R$ 50 million contracted in 2.5 thousand operations in the 1Q07.

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Investor Relations UnitSBS - Quadra 1 - Bloco C - Ed. Sede III - 5° floor

70073-901 - Brasília (DF)Phone: 55 (61) 3310.3980

Fax: 55 (61) 3310.3735

www.bb.com.brri@bb.com.br

DisclaimerDisclaimer - This presentation contains references and statements, planned synergies, increasing estimates, projections of results and future strategy for Banco do Brasil, it’s Associated and Affiliated Companies and Subsidiaries. Although these references and statements reflect the

management’s belief, it also involves imprecision and high difficult risks to be foreseen, consequently, it may conduct to a different result than the one anticipated here. These expectations are highly depended on market conditions, on the Brazilian economic performance, on the sector and the

international market. Banco do Brasil is not responsible for bringing up to date any estimate in this presentation.

For further information access www.bb.com.br/ri