EarningsQ2 2026 Earnings Report
BR:BBDC3 Q2 2026 EPS Results
Actual EPSR$0.64
Consensus EPSR$0.65
Beat/MissMissed by -R$0.01
One Year Ago EPSR$0.60
BR:BBDC3 Q2 2026 Revenue Results
Actual RevenueR$101.43B
Expected RevenueR$36.99B
Beat/MissBeat by +R$64.44B
YoY Revenue Growth+15.14%
Earnings Announcement Details
QuarterQ2 2026
Date08/05/2026
TimeAfter Close
Conference CallWednesday, August 5, 2026
BR:BBDC3 Upcoming Earnings
Banco Bradesco SA's next earnings date is estimated for October 22, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
No earnings call audio is available for this earnings event.
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
Overall the call communicated a predominantly positive operational and financial performance: clear revenue and loan growth, strong NII momentum (both client and market contributions), market leadership in earmarked guaranteed programs, insurance profitability, expense control and a deliberate capital strengthening plan. The main negatives were timing‑driven provisioning from guarantee claim windows (FGI/FGO), a few pockets of asset‑quality pressure (notably John Deere consolidation and legacy credit card cohorts), muted fee growth and some competitive fee pressure. Management framed most credit and provisioning items as temporary or idiosyncratic and emphasized portfolio quality, risk‑adjusted returns and balance‑sheet reinforcement.Company Guidance
Strong Net Income and ROAE
Net income of BRL 7.1 billion in Q2 2026, up 16.2% year‑on‑year and 3.5% quarter‑over‑quarter; ROAE of 16.2%, above market expectations.
Loan Portfolio Growth and Diversified Origination
Expanded loan portfolio grew 11.6% year‑on‑year (portfolio reported at BRL 1.137 billion in the transcript); origination strength across segments drove growth in wholesale, SMEs and individuals.
SME and Corporate Traction
SMEs grew 16.1% year‑on‑year and 5.1% quarter‑on‑quarter; SME portfolio increased by BRL 37 billion year‑on‑year (BRL 31 billion of this from FGI/FGO). Large corporates grew 12.7% year‑on‑year and corporate lines up 14.7% vs market 7.9%.
Market Leadership in Guaranteed Programs and Origination
FGI/FGO origination market share ~21.6%; origination increased 52.7% Q2 vs Q1 2026; retail/SME FGI/FGO portfolio up 64.5% year‑on‑year.
Revenue and NII Momentum
Total revenue reached BRL 37.6 billion, up 10.3% year‑on‑year; total net interest income ~BRL 20.9 billion; client NII rose from BRL 17.8 billion to BRL 20.2 billion (+BRL 2.5 billion, ~14% YoY); market NII contribution grew (~BRL 700 million this quarter, ~21.7% growth).
Insurance and Subsidiary Strength
Insurance group net income reached BRL 2.9 billion (+28.3%); insurance total income +8.3% YoY and +14% in the first half; quarterly ROAE for insurance ~22.8%; largest insurance group in Latin America with BRL 467 billion technical provisions.
Efficiency and Expense Control
Operating expenses grew 3.4% year‑on‑year, below inflation — indicating continued productivity gains during the transformation program.
Capital Reinforcement Plan
Board-approved capital increase of BRL 10 billion (controlling shareholders anchored BRL 8 billion), expected to boost CET1 toward ~13.6% and Tier 1 toward ~15.1%, strengthening tangible capital and providing balance‑sheet optionality.
Digital Scale and AI Adoption
Digital customer base large and expanding (Bradesco Fully Digital ~36 million mid‑year, targeting >40 million); Meu Bradesco hyper‑personalization and BIA GenAI reported 74 million interactions, supporting transactional and conversational services.
BR:BBDC3 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed