Apresentação dos
Resultados do 3T07
3Q07 Results
Presentation
9 de novembro de 2007
1H07 November 9, 2007
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The Bank's financial statements and consolidated financial statements
herein are presented on a pro forma basis, encompassing the financial
statements of the Bank, its subsidiaries, the Credit Receivables Investment
Funds (FIDC) and insurer J. Malucelli Seguradora.
They were prepared based on the accounting practices pursuant to
Brazilian Corporate Law, and associated with the regulations and
instructions issued by the National Monetary Council (“CMN”), the Brazilian
Central Bank (“BACEN”) and the Brazilian securities and exchange
commission Comissão de Valores Mobiliários ("CVM") (“BR GAAP”).
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Summary
General Overview 4
Operational Highlights 5
Origination Evolution 6
Franchise and innovative sales channel 7
Alternative Channel’s Evolution 8
Total Assets and Equity 9
Period Result Composition (R$ x 1,000) 10
Financial Highlights Summary 11
Credit Portfolio 12
Financial Revenue and Loan Assignments 13
Credit Portfolio Quality 14
Loan Assignment 15
Funding Structure (R$ x 1,000) 16
Operating Income and Expenses 17
J. Malucelli Seguradora – Performance 18
Ratings 19
Corporate Governance 20
Share Price Evolution 21
3

General Overview
Niche Bank, specialized in payroll deductible loans
Focus in profitability and a low-risk customer base (civil servants,
private-sector employees and retirement beneficiaries, and
pensioners under the INSS social security system)
Deductible loans agreements with 665 state and private entities
4 sales channels: brokers, call center, franchises and regionals
On August 31, 2007, an integral bank subsidiary acquired 800,622
common shares and 2,570,418 preferred shares issued by the J.M.
Seguradora, owning 55% of the Company and for that concluding the
first stage of the contract to remerge the company.
4

Operational Highlights
New Originations (R$ mm) Number of Agreements
637.7 665
446.2 435
258.5
159.7
3Q06 3Q07 9M06 9M07 3Q06 3Q07
5

Origination Evolution
(R$ X 1,000)
350.000
300.000
250.000
200.000
150.000
100.000
50.000
195%
-
2005 2006 2007
1st Quarter 2nd Quarter 3rd Quarter 4th Quarter
6

Franchise: an innovative
sales channel
Exclusivity and long-term agreements
Low initial investment and low operating costs
Initial activities in march 2007
Original target of 75 franchises at the end 2007 and 210
franchises at the end of 2008
Franchise channel acquires up to 51 operating units
7

Alternative Channel´s
Evolution
The Alternative Channels are composed as follows:
Regional
Call Center
Franchises
3% 3Q07
3Q06
21%
97% 79%
Alternative channels
Correspondent
8

Total Assets and Equity
Total Assets Shareholders’ Equity
781,243
1,792,443
888,290
211,755
3Q06 3Q07 3Q06 3Q07
9

Period Result Composition
(R$ x 1,000)
3Q07
172
21,384
21,212 9M07
24,505
Net Income Non-Recurring IPO Net Adjusted
expenses Income
12,713 77,725
53,220
40,507
Net Income Non-Recurring IPO Net Adjusted Deferred Period Result
expenses Income Comissions
Adjustment
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Financial Highlights
Summary
Variation Variation
3Q06 3Q07 9M06 9M07
3Q06 x 3Q07 9M06 x 9M07
Net Adjusted Income 7,806 21,212 171.7% 38,701 40,507 4.7%
Deferred Commission Result 24,505
Period Result 7,806 21,384 173.9% 38,701 77,725 100.8%
Annualized Return over
19.7% 19.0% -0.70% 29.5% 22.1% -7,4p.p
average Equity (%)
Annualized Intermediary
margin of financial 16.0% 12.5% -3.5p.p. 57.0% 37.9% -19.1p.p.
operations (%)
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Credit Portfolio
(R$1,000)
Total Credit Portfolio, including credit assignments to the FDIC’s, grew
up to R$ 1,080.5 million in the 3Q07.
1,080.5
932.5
687.5
15.9%
57.2%
3Q06 2Q07 3Q07
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Financial Revenue and
Loan Assignments
Income from Financial Operations (R$ x 1,000)
Variation 3Q06 x Variation 9M06 x
3Q06 3Q07 9M06 9M07
3Q07 9M07
Loans 52,885 69,216 30.9% 159,474 195,049 22.3%
Loan Assigment Evolution (R$ x1,000)
3Q06 3Q07 % Variation 9M06 9M07 % Variation
Loan Origination 159,672 258,543 61.9% 446,211 637,721 42.9%
Loan Assignments (Banks) 39,090 0 258,816 16,986 -93.4%
Loan Assignments (FIDC's) 90,327 48,073 -51.7% 90,327 240,998
Loans Acquired 0 43,619 0 43,619
% Loan Assignments (Banks) 24.48% 0.00% 58.00% 2.66%
13

Credit Portfolio
Quality
High quality and stability
3Q06 D‐H 3Q07 D‐H
6% 5.5%
AA‐C AA‐C
94% 95.5%
14

Loan Assignment
Operation with Loan Assignment
Operation retained in Balance Sheet
% Net Income over Financial Income
% Net Income over Financial Income
Reduction of 45%
Results grow 45x
20.9%
19.9%
11.6%
0.4%
1st Month End of Contract 1st Month End of Contract
15

Funding Structure
(R$ x 1,000)
885,038
0
48,073
69,575
0 53,850
129,954
59,800
52,009
713,540
468,236
3Q06 3Q07
Open market Medium term notes Credit Assignments Total
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Operating Income
(Expenses)
Operating Income (Expenses)
Variation Variation
3Q06 3Q07 9M06 9M07
3Q06 x 3Q07 9M06 x 9M07
Personnel expenses (3.581) (5.205) 45,4% (9.974) (13.710) 37,5%
Other administrative
(24.146) (24.798) 2,7% (59.514) (81.849) 37,5%
expenses
Other Expenses (9.910) (9.379) -5,4% (25.000) (23.587) -5,7%
IPO expenses - (172) - (12.713)
Commissions Expenses
(14.236) (15.247) 7,1% (34.514) (45.549) 32,0%
(Loan Origination)
Other operating expenses 344 5.436 1480,2% 6.316 7.869 24,6%
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J. Malucelli Seguradora –
Performance
Premiums Written Shareholders’ Equity
69.1
121.2
84.1
58.8
39.5
28.2
3Q06 3Q07 9M06 9M07 3Q06 3Q07
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Ratings
Rating / Rating
Classificação Ratiing / Ranking
Índice / Classificação Ratiing / Ranking
Rating / Classificação Rating
Rating
brBBB+
brBBB+ 11.67
11,67 brA-
brA- A-
A-
Low Credit Risk
Baixo Risco de Crédito Baixo Risco–para médio prazo
Low Risk Medium Term Baixo Risco de Risk
Low Credit Crédito Low Credit Risk
Baixo Risco de Crédito
Julho2007
July de 2007 June 2007
Junho de 2007 June 2007
Junho de 2007 Junho2007
June de 2007
19

Corporate Governance
The Board of Directors of Paraná Banco authorized a stock
buyback program, in accordance with CVM Instruction 202,
seeking to create value for shareholders by optimizing its capital
structure. The program provides for the purchase of up to
4,156,481 preferred shares until October 15, 2008.
Paraná Banco hired Banco UBS Pactual to act as market maker
for its preferred shares for a period of six months, automatically
renewable, with the objective of increasing liquidity in the
shares.
20

Share Price Evolution
(R$)
Paraná Banco
Volume of Negociated Shares (x 1,000)
12000 16
10000 15
Price per Share
8000 14
6000 13
4000 12
2000 11
0 10
3-Jul 10-Jul 17-Jul 24-Jul 31-Jul 7-Aug 14-Aug 21-Aug 28-Aug 4-Sep 11-Sep 18-Sep 25-Sep 2-Oct 9-Oct 16-Oct 23-Oct 30-Oct 6-Nov
VOLUME Paraná Banco
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IR Contact
Luis César Miara
CFO and Investor Relations Officer
Ricardo Rosanova Garcia
IR Manager
Maurício N. G. Fanganiello
IR Coordinator
Phone: (55 41) 3351-9907 / 3351-9961
e-mail: ir@paranabanco.com.br
IR Website: www.paranabanco.com.br/ir
“This document may include estimates and forward-looking statements. These estimates and forward-looking statements are to a large extent based on current
expectations and projections about future events and financial trends that affect or may come to affect our business. Many important factors may adversely affect
the results of Paraná Banco as described in our estimates and forward-looking statements. These factors include, but are not limited to, the following: the Brazilian
and international economic conjunctures, fiscal, foreign-exchange and monetary policies, higher competition in the payroll deductible loan segment, the ability of
Paraná Banco obtain funding for its operations, and amendments to Central Bank regulations.
The words “believe”, “may”, “could”, “seek”, “estimate”, “continued”, “anticipate”, “plan”, “expect” and other similar words have the objective of identifying
estimates and projections. The considerations involving estimates and forward-looking statements include information related to results and projections, strategies,
competitive positioning, the environment in the industry, growth opportunities, the effects of future regulations, and the impacts from competitors. Said estimates
and projections refer only to the date on which they were expressed, and we do not assume any obligation to publicly update or revise any of these estimates
arising from the occurrence of new information, future events, or any other factors. In view of the risks and uncertainties described above, the estimates and
forward-looking statements contained herein may not materialize. Given these limitations, shareholders and investors should not make any decisions based on the
estimates, projections and forward-looking statements contained in this report.
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