Significant Growth in Recurring Net Income
Bradesco reported a recurring net income of BRL 6.1 billion, marking a significant 28.6% growth year-over-year, with an ROAE of 14.6%, up 3.2 percentage points year-on-year.
Record Revenue and NII Growth
Total revenue reached BRL 34 billion, a 15.1% increase year-on-year, with net interest income (NII) growing 16% year-on-year.
Strong Performance in Insurance and Pension Plans
Insurance, pension plans, and savings bonds grew 21.7% year-on-year and 6.5% quarter-on-quarter.
Robust Fee and Commission Income
Fee and commission income increased by 10.6% year-on-year and 5.5% quarter-on-quarter, with notable growth in card income and consortium management.
Loan Portfolio Growth in Micro and SMEs
The loan portfolio grew by 11.3% year-on-year, with micro, small, and medium-sized enterprises showing a 25.2% increase.
Positive Outlook in Investment Banking
Investment banking showed strong M&A activity with a 34% growth year-on-year and 76% quarter-on-quarter.