Diversification of business model ensures solid performance and, once again, produces record revenues and result Main 2Q15 highlights:  revenues of R$2.05bn, 4% higher than in 1Q15 and 17% higher than in 2Q14;  annualized return on average equity (ROAE) of 21%;  total assets of R$209bn, 6.7% lower than in 1Q15;  shareholders´ equity of R$19.8bn, 3% higher than in 1Q15 and 13% higher than in 2Q14;  BIS capital ratio stable at 16.9%;  The financial performance in the quarter reflects the following facts in the business areas:  Investment Banking: strong growth compared to 1Q15, with a standout performance from M&A revenues, despite a challenging scenario;  Corporate Lending: resilient performance, 4% reduction in the loan portfolio and stable provisioning levels;  Sales & Trading: gains of R$312.8mn, below historical average, due to the challenging market scenario - especially for equities and commodities - but maintains its revenue generation potential;  Asset Management: revenues in line with 1Q15 and US$500mn raised for a global concentrated equities fund;  Wealth Management: record revenue in the fourth consecutive quarter of growth. WuM (Wealth under Management) of R$91.9bn is 5% higher than in 1Q15, with Net New Money of R$3.2bn;  Principal Investments: revenues of R$507.6mn mainly reflect the sale of part of the investment in the Rede D'Or hospital chain; "We are posting solid results for our stockholders by achieving record revenue levels and the highest net income since we became a listed company. Our platform has a diversified revenue base, is client-oriented and has a relevant base of service revenues that, combined with the returns from the allocation of our own capital, is proving to be resilient and profitable," said André Esteves, CEO of BTG Pactual. BTG Pactual is an innovative global financial company, with Brazilian roots, that operates in the markets of Investment Banking, Wealth Management and Asset Management. It offers advisory services in M&A, wealth planning, loans and financing, as well as investment solutions and market analyses. Based in São Paulo and founded in 1983, the Bank has R$209bn in assets, 3,200 employees worldwide and offices in over 20 countries. For additional information, please visit www.btgpactual.com +44 203 757 4994
BTG 1 - 2Q net income BRL 1.02bn ( $ 293 million ) , up 2 % YoY , nominal GDP , due to abnormally low taxes .