Quarterly ResultAug 6, 2026, 01:01 PM
Banco Bradesco 2Q26 Recurring Net Income R$7.1B, up 16.2% YoY
AI Summary
Banco Bradesco reported strong 2Q26 results, with recurring net income growing 16.2% year-over-year to R$7.1 billion, marking its tenth consecutive quarter of improvement. Total revenue increased by 10.3% year-over-year, driven by resilient diversified revenue streams and controlled operating expenses. The expanded loan portfolio grew 11.6% year-over-year, prioritizing collateralized lending, while the insurance business delivered consistent results. The company's transformation plan is accelerating, enhancing competitiveness and ensuring sustainable operations.
Key Highlights
- Recurring net income grew 16.2% YoY to R$7.1 billion in 2Q26.
- Total Revenue increased 10.3% YoY to R$37.6 billion.
- Expanded Loan Portfolio rose 11.6% YoY to R$1.137 trillion.
- Insurance Group Recurring Net Income was R$2.9 billion, up 28.3% YoY.
- Operating Efficiency Ratio improved to 46.5%, down 3.4 p.p. YoY.
- NPL over 90 days showed a slight increase to 4.3%, up 0.2 p.p. YoY.
- Fee and Commission Income increased 1.7% YoY to R$10.486 billion.
- Allocated R$4 billion in interest on capital in 2Q26.
Price Impact
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