Caixa Econômica Federal registered net income of R $ 8.9 billion in the first half of 2025. The income is 44.9% higher than the same period of 2024, according to data released on Thursday (18), in São Paulo. The financial margin totaled R $ 32.7 billion, which is equivalent to an increase of 6.3% over the first half of last year. Financial intermediation revenues totaled R $ 115.1 billion, corresponding to 25.4% more than in the first half of 2024.
Administrative and personnel expenses totaled R $ 21.7 billion in the second half of 2025, a 2.4% reduction compared to the same period last year. Financial intermediation expenses totaled R $ 82.4 billion, an increase of 34.9% compared to the same period of 2024.
According to the balance, the credit portfolio ended June 2025 with a balance of R $ 1.294 trillion, growth of 10.1% compared to June 2024. In the second quarter of 2025, Caixa granted R $ 159.7 billion in total credit, an increase of 0.4% compared to the same period of the previous year and 5.3% compared to the first quarter of 2025.
The data also reveal that the total credit portfolio delinquency rate ended June 2025 by 2.66%, an increase of 0.46 pp compared to June 2024 and 0.17 pp when compared to March 2025. Provision coverage finished the quarter by 163.8%, a reduction of 31.6 pp compared to June 2024 and 10.1 pp compared to March 2025.
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Caixa maintained the leadership in the real estate market with 66.8% market share in total real estate financing, as well as the main operator of the MCMV program (Minha Casa Minha Vida), with over 99% share.
According to the data, the real estate portfolio balance completed June 2025 with the value of R $ 875.5 billion, growth of 11.7% compared to June 2024 and 2.9% compared to March 2025. In the first half of 2025 were R $ 106.7 billion in hiring, 5.6% reduction compared to the same period last year (considering SBPE and FGTS resources).
