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Trades about 25% below its sector, cheaper than its peers on earnings.
Banco do Estado de Sergipe S.A. delivers a comprehensive array of financial and banking services across the Sergipe region. Its offerings include various deposit types such as demand, savings, escrow, term, and specialized interest-bearing and judicial accounts, in addition to cash deposit services. The bank also handles payroll administration and manages portfolios related to development and real estate. Catering to modern banking needs, it provides convenient internet and mobile banking platforms. The institution reaches its clientele through an extensive physical network of 63 branches and 89 Banese banknote recycling ATMs. Founded in 1961, initially as Banco de Fomento Budget, the company officially became Banco do Estado de Sergipe, S.A. in 1967 and is headquartered in Aracaju, Brazil.
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