Banco Modal S.A. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported net interest income was BRL 45.52 million compared to BRL 12.32 million a year ago. Net income was BRL 48.38 million compared to BRL 20.97 million a year ago.
For the nine months, net interest income was BRL 83.86 million compared to BRL 27.43 million a year ago. Net income was BRL 103 million compared to BRL 41.62 million a year ago.