The B3 SA (B3SA3) presented the financial results of the fourth quarter and the year 2024, revealing a positive performance in a challenging year for the global economy, characterized by high interest rates and geopolitical uncertainties. The company obtained a total revenue of R $ 10.6 billion. Which represents 7% growth compared to 2023, with advances in all its business segments. Recurring net profit was R $ 4.8 billion, an increase of 4% in the annual comparison.

Bitcoin futures as the main growth engine

The derivatives segment was the highlight of B3 in 2024, especially with the launch of Bitcoin’s future. The product generated $ 65 million in revenue during the year and showed continuous growth in the fourth quarter, with $ 42.8 million in revenues, reflecting the increase in the volume of traded contracts.

In the last quarter, the average daily volume was 206,000 Bitcoin future contracts, consolidating itself as one of the main revenue engines of the year for B3.

In addition to Bitcoin’s future, other products in the derivative market, such as contracts on the Small Cap B3 index (SMLL B3) and the Conilon Coffee Future, also performed well. The average daily number of traded contracts (ADV) increased by 15% compared to 2023, which highlights the growing popularity of these financial instruments, which benefited from a more diverse market and the search for investors for alternatives for portfolio diversification.

The year was marked by a volatile macroeconomic scenario and, once again, our diversified business model was efficient. The evolution in the company’s revenue in 2024 was only possible due to the maintenance of a continuous agenda of innovation and proximity to the market, which has resulted in the launch of various products and functionality over the last few years, says André Veiga Milanez, Financial CEO , Administrative and investor relations.

B3 listed segment results

In the listed segment, which covers the stock market and derivatives, B3 obtained a revenue of R $ 6 billion in 2024, representing 57.5% of total revenues, with a growth of 1.8% over the previous year. Good performance was driven by discharge in the average daily financial volume of BDRS (47%), FIIs (37%) and ETFs (16%), which helped compensate for the drop in cash stock negotiations. Remember that B3.

Currently, B3 has more than R $ 150 million in negotiation of Crypto ethfs per day – Currently, there are 19 funds listed with this theme.

Brazil was one of the forerunners, with a super work between B3, CVM and managers, which made the first Cryptational ETFs In 2021. And it can be said today that Brazil is one of the most developed countries in this theme, said Felipe Gonçalves, head of interest products and coins of B3, during Smart Summit.

The list segment also registered growth in the fourth quarter, with revenue of $ 1.5 billion, a 5.9% increase compared to the same period of 2023. This growth was reflected in the increase in volume of products such as ETFS and BDRs , which presented a significant increase in the negotiations, especially BDRs, which grew 92% in the annual comparison.

Counter segment and fixed lace emissions

In a higher interest rate scenario, the counter segment obtained solid results, with revenues of $ 1.6 billion, up 13.4% over 2023. Fixed income instrument instrument emissions were one of the main responsible for This growth, reflecting the highest demand for financing by market participants. The volume of new bank capture instrument emissions also had significant growth, especially the CDBs, which represented 76.7% of fixed income emissions in the fourth quarter.

In the last quarter of 2024, the counter segment generated revenue of R $ 436.3 million, representing 16% of the total of B3, with growth of 9% over the same period of 2023.

Advances in other segments

B3 also showed growth in other segments, such as infrastructure for financing and technology, data and services. In the infrastructure segment, the revenue was R $ 564.4 million, with growth of 14% in 2024. The technology segment, data and services recorded revenue of R $ 2.1 billion in the year, increase of 10, 10, 5% compared to 2023, with the expansion of services and the number of clients using B3 systems.

Distributions and Expense Management

The distributions to shareholders were also highlighted, with B3 prioritizing the repurchase of actions. In 2024, B3 distributed R $ 5.3 billion to shareholders, being R $ 3.7 billion in stock repurchase and R $ 1.2 billion in interest on equity (JCP). During the year, the company acquired 340 million shares, representing 6% of its share capital. In the fourth quarter, the distributions totaled R $ 1.8 billion, with the majority intended for actions.

Regarding expenditure management, B3 had an increase of 4.8% in total expenses, aligned with the inflation of the period, highlighting the discipline in spending control and the continuity of innovation and modernization initiatives. In the 4th quarter, the expenses fell 15.3%due to the amortization of intangibles and the anticipation of cash needs of the self -regulation.

Perspectives for 2025 of B3

For 2025, B3 will continue with the development strategy of the Brazilian financial market, focusing on diversification and innovation, such as Bitcoin’s future contracts. The agenda includes the promotion of credit -oriented products and services, the digitization of fixed income and the growth of the individual investor segment.

The company also bets on new technological solutions to improve customer experience and increase market competitiveness.