Analyst Coverage

Company	Analyst	Target Price (BRL)	Rating
Banco do Brasil	Rafael Reis	17,30	Hold
Bank of America	Antonio Ruette	18,00	Sell
BTG Pactual	Ricardo Buchpiguel	13,50	Hold
Genial Investimentos	Eduardo Nishio	22,50	Hold
HSBC	Carlos Gomes Lopez	15,00	Hold
Itaú BBA	Pedro Leduc	15,00	Hold
J.P. Morgan	Yuri Fernandes	15,00	Hold
Santander	Henrique Navarro	17,00	Hold
Eleven Financial Research	Malek Zein	16,00	Buy
UBS	Olavo Artuzzo	12,40	Hold
The analysts listed above cover Banrisul’s most liquid shares – BRSR6. Please note that any opinions, estimates or forecasts regarding Banrisul performance made by these analysts are theirs alone and do not represent opinions or forecasts of the Company or its Management. Last Update: March 04, 2026.