Strong Net Income Growth
Bradesco reported a recurring net income of nearly BRL5.9 billion, reflecting a growth of more than 39% year-on-year and 8.6% quarter-on-quarter.
Robust Revenue Growth
Total revenue reached BRL32 billion, growing 15% year-on-year. Key segments such as fee and commission income increased by 10.3%, and insurance grew by 32.7% year-on-year.
Insurance Group Performance
The insurance segment showed significant traction with an ROAE of 22.4%. Insurance premiums, pension contributions, and capitalization bonds reached BRL30 billion, up 25.3% year-on-year.
Loan Portfolio Expansion
The expanded loan portfolio totaled BRL1 billion, growing 4.9% year-on-year and 2.4% quarter-on-quarter. Notable growth in micro, small, and medium-sized enterprises by almost 30% year-on-year.
Tech and Productivity Gains
Productivity in tech improved with delivery lead time reduced by 32% and business development hours increased by 53%. GenAI implementation led to a 46% efficiency gain.