Ricardo Hingel - Banco Do CFO

BRSR6 Preferred Stock  BRL 13.31  0.23  1.70%   

CFO

Mr. Ricardo Richiniti Hingel serves as Chief of Third Party Asset Management, Member of the Executive Board of Banco do Estado do Rio Grande do Sul SA since May 9, 2016. He was Chief Financial Officer and Director of Investor Relations of Banco do Estado do Rio Grande do Sul SA since March 25, 2015. Prior to this, he served as Member of the Executive Board and Investor Relations Officer of the company from 2004 until April 8, 2010. In addition, since June 22, 2007, he has occupied the post of the Companys Chief Financial Officer. He held various positions in the public sector, such as Parliamentary aide to Assembleia Legislativa do Rio Grande do Sul from 1999 to 2003, Technical Director of Secretaria do Desenvolvimento e dos Assuntos Internacionais of Rio Grande do Sul from 1997 to 1998, Head of Infrastructure Projects for the SecretaryGeneral of the Government of Rio Grande do Sul from 1996 to 1997, Aide to Rio Grande do Suls Governor from 1995 to 1996, Technical Consultant of the Planning Office of Rio Grande do Sul from March to September 1995, Technical Assistant of the Planning Department of the Company from 1992 to 1995, Department Head at Badesul from 1987 to 1992, and Project Analyst at the same bank from 1977 to 1987. He obtained Bachelors degree in Economics from Universidade Federal do Rio Grande do Sul in 1979. since 2016.
Age 58
Tenure 8 years
Phone55 80 0646 1515
Webhttps://www.banrisul.com.br
Ricardo Richiniti Hingel obtained Bachelors degree in Economics from Universidade Federal Rio Grande do Sul in 1979.

Banco Do Management Efficiency

Banco Do's management efficiency ratios could be used to measure how well Banco Do manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 2.42 B in total debt. Debt can assist Banco Do until it has trouble settling it off, either with new capital or with free cash flow. So, Banco Do's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Banco Do Estado sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Banco to invest in growth at high rates of return. When we think about Banco Do's use of debt, we should always consider it together with cash and equity.

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Banco do Estado do Rio Grande do Sul S.A., a multiple-service bank, provides a range of banking products and services primarily in Brazil, Miami, and the Grand Cayman. Banco do Estado do Rio Grande do Sul S.A. was founded in 1928 and is headquartered in Porto Alegre, Brazil. BANRISUL PNB is traded on Sao Paolo Stock Exchange in Brazil. Banco Do Estado (BRSR6) is traded on Sao Paulo Exchange in Brazil and employs 10,929 people.

Management Performance

Banco Do Estado Leadership Team

Elected by the shareholders, the Banco Do's board of directors comprises two types of representatives: Banco Do inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Banco. The board's role is to monitor Banco Do's management team and ensure that shareholders' interests are well served. Banco Do's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Banco Do's outside directors are responsible for providing unbiased perspectives on the board's policies.
Joao Torres, Director
Julio Brunet, Chief Business Planning and Expansion Officer, Member of the Executive Board
Wagner Lenhart, Director Board
Suzana Cogo, Chief Administrative Officer
Jorge Santos, Chief Information Technology, Member of the Executive Board
Fernando Postal, Chief Board
Werner Kohler, Accountant
Luiz Bins, Chairman of the Board
Vicente Rauber, Member of the Executive Board, Chief Administrative Officer
Joao Juenemann, Director
Luiz Mota, Vice-Chairman of Directors, Chairman of Executive Board, CEO and Pres
Jorge Loureiro, Chief Asset Management Officer, Member of the Executive Board
Marcelo Daneris, Director
Marivania Fontana, Director Board
Julimar Rota, Chief Asset Management Officer, Member of the Executive Board
Flavio Pompermayer, Independent Director
Joao Reis, Director
Francisco Souza, Director
Erineu Xavier, Director
Carlos Burigo, Director
Osmar Vieceli, Director of Sales
Claise Rauber, Segments Products
Joel Raymundo, CIO, Member of the Executive Board
Ivandre Medeiros, Chief Operating and Customer Service Officer, Member of the Executive Board
Oberdan Almeida, Chief Credit Officer, Member of the Executive Board
Cludio Mendes, President, CEO
Odir Tonollier, Chairman of the Board
Ricardo Hingel, CFO, Investor Relations Officer and Member of Executive Board
Dilio Penedo, Independent Director
Luiz Morlin, Chief Control and Risk Officer, Member of the Executive Board
Jone Pfeiff, Chief Commercial Officer, Member of the Executive Board
Olivio Dutra, Director
Marcus Staffen, Chief Board
Leodir Araldi, Executive Officer and Member of Executive Board
Osvaldo Pires, Director Board
Tulio Zamin, CEO, Vice Chairman of the Board, Member of the Executive Board
Irany Anna, Director
Aldo Silva, Director
Guilherme Cassel, Deputy CEO, Chief Credit Officer, Member of the Executive Board, Director
Junior SantAnna, Vice CEO

Banco Preferred Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right preferred stock is not an easy task. Is Banco Do a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Banco Do in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Banco Do's short interest history, or implied volatility extrapolated from Banco Do options trading.

Pair Trading with Banco Do

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Banco Do position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Banco Do will appreciate offsetting losses from the drop in the long position's value.

Moving against Banco Preferred Stock

  0.83ESTR3 Manufatura De BrinquedosPairCorr
  0.8FRTA3 Pomifrutas SAPairCorr
  0.75PDGR3 PDG Realty SAPairCorr
  0.54ESTR4 Manufatura De BrinquedosPairCorr
The ability to find closely correlated positions to Banco Do could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Banco Do when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Banco Do - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Banco Do Estado to buy it.
The correlation of Banco Do is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Banco Do moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Banco Do Estado moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Banco Do can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Banco Do Estado. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Banco Do Estado information on this page should be used as a complementary analysis to other Banco Do's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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Please note, there is a significant difference between Banco Do's value and its price as these two are different measures arrived at by different means. Investors typically determine if Banco Do is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Banco Do's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.