Banco Bradesco Reports Strong Profit Growth in Q1 2025

Banco Bradesco ( (BBD) ) has released its Q1 earnings. Here is a breakdown of the information Banco Bradesco presented to its investors.

Banco Bradesco, a major player in the Brazilian financial sector, is known for its comprehensive range of banking services, including personal and corporate banking, insurance, and asset management. The company is recognized for its extensive network and commitment to digital transformation.

In its latest earnings report, Banco Bradesco highlighted a significant improvement in profitability, driven by operational advancements and a strategic transformation plan. The bank’s recurring net income rose to R$5.9 billion in the first quarter of 2025, marking an 8.6% increase from the previous quarter and a 39.3% rise year-over-year.

Key financial metrics showed robust growth, with revenue reaching R$32.3 billion, up 15.3% year-over-year. The net interest income (NII) increased by 13.7% compared to the previous year, supported by a growing loan portfolio and higher average rates. The expanded loan portfolio surpassed R$1 trillion, with notable growth in secured product lines and a stable delinquency ratio.

The bank’s insurance activities also performed well, with a 32.7% year-over-year increase in income and a reduction in claims, particularly in the health sector. Operating expenses grew in line with expectations, reflecting ongoing investments in digital transformation and strategic acquisitions.

Looking ahead, Banco Bradesco remains committed to its transformation plan, focusing on customer-centric initiatives and sustainable business practices. The bank aims to continue its revenue growth and profitability improvements while maintaining a controlled credit risk environment.