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Earnings Calls

Last Earnings Call

Fiscal Period
Q2 2026
Call Date
Aug 6, 2026
AI Summary
Q2 2026

Profit: Bradesco reported BRL 7.1 billion of net income in the second quarter, up 16.2% year over year and 3.5% quarter over quarter, with ROE at 16.2%.

Loan Growth: The loan portfolio grew 11.6% year over year to BRL 1.137 billion, led by secured and government-guaranteed lines such as FGI, FGO, payroll loans, and mortgage.

Credit Quality: Management said credit quality is being managed carefully, with higher delinquency pressure coming mainly from government-guaranteed lines, older credit card cohorts, and a few specific wholesale cases, but it said it is comfortable with the portfolio.

Capital: Management defended the BRL 10 billion capital increase and said strong capital supports growth, resilience, and tangible capital, while waiting for regulatory approval on part of the Bright Saudi-related capital recognition.

Outlook: The bank said it expects 2026 results to progress step by step, with net income moving from the midpoint toward the top end of guidance and no additional stress beyond the current macro backdrop.

Key Financials
Net income
BRL 7.1 billion
ROE
16.2%
Loan portfolio
BRL 1.137 billion
SME loan growth
16.1% year over year
Large corporate loan growth
12.7% year over year
Individuals loan growth
8.4% year over year
Corporate loan growth
14.7%
Total revenue
BRL 37.6 billion
Net interest income
BRL 20.9 billion
Market net interest income
BRL 700 million
Client net interest income
BRL 20.2 billion
Fee and commission income
BRL 10.5 billion
Insurance net income
BRL 2.9 billion
Operating expenses growth
3.4%
CET1 ratio
11%
Tier 1 capital
15.1%
Private payroll loan delinquency
4.7%
Payroll loan delinquency
2.5%
Agribusiness loan growth
almost 25% year over year
Vehicle loan growth
26.8% year over year
NPL over 90 days
0.2% in wholesale; 4.7% in private payroll; 5% to 4.6% in agribusiness individuals
Cost of risk
3.5%
NII net of provisions
4.5%
BIA interactions
74 million
Bradesco Seguros technical provisions
BRL 167 billion
Insurance ROAE
almost 22.8%
Client base
almost 4.3 million clients in Prime
Fully digital clients
BRL 36 million

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