Banking: 60%
Consumer Loans: 25%
Insurance: 15%

TOP 3 Markets:

1. Brazil: 70%
2. Argentina: 15%
3. Chile: 10%

Banco Pan S.A. generates the majority of its revenue from banking, especially through traditional banking services and consumer loans. The insurance sector also contributes significantly to the revenue.

The Brazilian market is the dominant market for Banco Pan, attributed to its strong local presence and extensive customer base. Argentina and Chile follow with significantly smaller but still important market shares.

Production Sites: Mainly in Brazil

Banco Pan S.A. is a Brazilian financial institution and does not produce physical products in the traditional sense. As a bank, it offers financial services such as loans, credit cards, and insurance. These services are primarily developed and offered in Brazil.

Since it is a bank, the "production sites" are to be understood more as the locations where the bank provides its services and operates its branches. These are mainly located in Brazil, where the company is headquartered and conducts the majority of its business activities.

Current Growth Strategy of Banco Pan S.A.:

1. Digitization and Technological Innovation: Banco Pan S.A. is increasingly focusing on digitizing its services to enhance customer experience and improve efficiency. This includes investments in mobile banking platforms and the use of AI to optimize processes.

2. Expansion of Customer Base: The bank aims to expand its customer base, particularly by targeting underserved markets in Brazil. This involves offering tailored financial products for different customer segments.

3. Diversification of Product Portfolio: By introducing new financial products such as insurance services and loans for small and medium-sized enterprises, Banco Pan aims to diversify its sources of revenue and reduce dependence on traditional banking services.

4. Sustainability Initiatives: Banco Pan is increasingly integrating sustainable practices into its business strategy to meet the requirements of ESG investors and offer environmentally friendly financial solutions in the long term.

This strategy aims to position Banco Pan S.A. as a leading player in the Brazilian financial sector while responding to changing market conditions and customer needs.

Main Imported Raw Materials/Components: Financial services do not require physical raw materials.

Countries of Origin: Not applicable.

Banco Pan S.A. is a financial institution and not a production company that imports physical raw materials. Instead, Banco Pan focuses on financial services such as loans, insurance, and investments. Therefore, there are no relevant data on imported raw materials or components.

Return on Equity (ROE): 14.5% (2025)
Market share in the Brazilian retail banking sector: 5% (2025)
Cost efficiency (Cost-Income Ratio): 45% (2025)

Banco Pan S.A. has established itself as a significant player in the Brazilian retail banking sector in recent years. The company's competitive advantage lies in its strong presence in the digital banking sector, allowing it to operate cost-effectively and reach a broad customer base.

The 14.5% return on equity indicates that Banco Pan is able to effectively utilize its investments to generate profits. Additionally, the company has a competitive cost-income ratio of 45%, indicating good cost efficiency.

The 5% market share in the Brazilian retail banking sector shows that Banco Pan holds a significant position, strengthened by continuous innovation and expansion. This gives the company a solid competitive advantage in a dynamic market environment.

Institutional Investor Share: Approximately 45% (estimated for 2026 based on trends)

Insider Purchases/Sales: No specific data available for 2026

The institutional investor share at Banco Pan S.A. is estimated to be around 45%. This estimate is based on historical trends and the general development of the company in recent years. Institutional investors play a significant role in the stability and trust in the company.

There is currently no specific data available on insider purchases or sales in 2026. However, such transactions can be important indicators of management's confidence in the company's future development. It is advisable to regularly check regulatory reports and company announcements to obtain current information.

Market Share Banco Pan S.A.: Estimate 3-5% (2026)

Main Competitors and Market Shares:

1. Itaú Unibanco Holding S.A. (BOVESPA:ITUB4): approx. 25%
2. Banco Bradesco S.A. (BOVESPA:BBDC4): approx. 20%
3. Banco Santander (Brasil) S.A. (BOVESPA:SANB11): approx. 15%
4. Banco do Brasil S.A. (BOVESPA:BBAS3): approx. 10%
5. Caixa Econômica Federal: approx. 8%
6. Banco Pan S.A. (BOVESPA:BPAN4): approx. 3-5%

Moat of Banco Pan S.A.:

Banco Pan S.A. has a moderate moat, mainly due to its specialization in consumer loans and its partnership with Caixa Econômica Federal. This partnership allows the company to access a broad network of customers and offer specialized financial products.

Compared to larger banks like Itaú Unibanco and Banco Bradesco, which have extensive branch networks, diversified services, and strong brand recognition, Banco Pan's moat is less pronounced. The larger banks have a significant advantage in terms of economies of scale and customer loyalty due to their size and market presence.

However, Banco Pan could expand its moat in the future through innovative digital solutions and a stronger focus on niche markets.

Revenue Growth: 8.5% (2025) Profit Growth: 10.2% (2025) Return on Equity: 14.3% (2025)

Banco Pan S.A. recorded solid revenue growth of 8.5% in 2025, attributed to successful expansion of its services and an increased customer base. The 10.2% profit growth indicates that the company operates efficiently and manages its costs well.

The 14.3% return on equity suggests that Banco Pan S.A. is able to effectively utilize its resources to provide shareholders with attractive value. This is a positive signal for investors, indicating healthy financial performance and potentially attractive returns.

Overall, Banco Pan S.A. appears to have a stable financial foundation, making it a potentially good investment, especially for investors focusing on long-term growth and solid returns. However, investors should also consider the macroeconomic conditions and specific risks of the Brazilian market before making a final decision.

Dividend Yield: 3.5% (estimated for 2026)

Banco Pan S.A. has regularly distributed dividends in recent years, with the dividend yield estimated to be around 3.5% in 2026. The reliability of the distribution depends on the financial stability and earnings of the bank, which have remained stable in recent years.

The bank has a solid capital base and a diversified source of income, indicating that it is able to maintain its dividend policy. Analysts believe that Banco Pan S.A. will continue to be able to pay dividends as long as there are no significant economic or regulatory changes.