Banco do Nordeste do Brasil S.A. (BNBR3.SA)

Banco do Nordeste do Brasil S.A. (BNBR3.SA) — VMCI valuation read

Across 120 indicators, Banco do Nordeste do Brasil S.A. (BNBR3.SA) lands at VMCI 61/100. The Financial Services sector median is 50, so the 11-point above-median read is the active comparison. Pillar weighting on the score: Value 35%, Quality 30%, Integrity 15%, Growth 12%, Risk 8%.

No material Form 4 disclosures landed on BNBR3.SA in the past 30 days. Quiet insider tape removes one signal source; the active reads stay with the trailing-twelve-month financials and the next 10-Q.

**Investor frame.** On Value, BNBR3.SA trades at 15.0x earnings, 17% below the Financial Services median of 18.0x; the EV/EBITDA delta of -2.0x reinforces that single line. On Quality, ROIC of 9.0% trails the Financial Services median (10.0%) by 1.0pp. On Risk, net debt to EBITDA of -0.1x leaves covenant headroom for BNBR3.SA on the trailing balance sheet.

BNBR3.SA rose 3.4% over the trailing 7 days, with a +3.7% read on a 30-day basis.