Banco BV

Banco BV

Brazilian bank offering retail and corporate financial services

Overview

Banco BV is a Brazilian bank founded in 1988 and headquartered in Sao Paulo, jointly owned by the Votorantim Group and Banco do Brasil, ranking among the country's largest private banks. It serves individuals through a digital account with Pix, cashback credit cards, personal, payroll, and vehicle-secured loans, vehicle and solar financing, insurance, and CDB investments, while serving companies with cash management, capital markets, foreign exchange, derivatives, and corporate banking. What sets Banco BV apart is its deep roots in auto lending, its BVx innovation unit, and its practice of offsetting the CO2 tied to the vehicles it finances. The goal is to turn credit into lasting relationships that help customers and businesses reach their financial goals.

About Banco BV

Simplify's Rating
Why Banco BV is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Automotive & Transportation

Financial Services

Company Size

5,001-10,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Piracicaba, Brazil

Founded

1991

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Simplify's Take

What believers are saying

  • 1T26 recurring net income reached R$481 million, with recurring ROE at 15.5%.
  • April 2026 vehicle origination and 10,000-lojista campaigns show distribution strength.
  • Banco do Brasil and BV financed R$1.1 billion in vehicles over two years.

What critics are saying

  • 4Q25 provisions jumped 32.6%, showing credit costs outrunning auto-loan growth.
  • Selic pressure squeezed 4Q25 gross interest margin and cut recurring profit 14.2%.
  • Auto concentration makes BV hostage to used-car cycles and delinquency spikes by 2026.

What makes Banco BV unique

  • Banco BV dominated Brazilian used-car finance with 13 straight leadership years.
  • Banco BV closed Bankly in November 2023, adding banking-as-a-service capabilities.
  • Banco BV and Banco do Brasil keep a strategic vehicle-finance partnership active in 2026.

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Benefits

Hybrid Work Options

Company News

Exame
Jan 17th, 2024
Cibra, de fertilizantes, capta R$ 300 milhões após multiplicar receita por 10 desde 2012 | Exame

O aporte servirá para dar seguimento ao plano de expansão da companhia. Na lista estão a construção de fábricas em Sinop, no Mato Grosso, e em São Luís, no Maranhão, além da aquisição de unidades de produção e armazenamento de fertilizantes

Isto É Dinheiro
Dec 14th, 2023
Totvs, Vibra, Banco BV e fundos aportam R$ 22 mi em startup de ESG

Portal de notícias e análises de economia, negócios, finanças, tecnologia e investimentos

Globo
Dec 14th, 2023
Startup ESG recebe aporte de R$ 22 milhões de Totvs, Vibra, Banco BV e fundos

A DEEP faz monitoramento de indicadores ESG, em especial, de emissões poluentes. Dinheiro será usado para investir em pesquisa e expandir funcionalidades para atender a novas demandas regulatórias

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