Quarterly ResultMay 7, 2026, 02:43 PM
Bradesco 1Q26 Recurring Net Income R$6.8B, up 16.1% YoY
AI Summary
Bradesco reported a strong start to 2026, with recurring net income increasing 16.1% year-over-year to R$6.8 billion in 1Q26, marking its ninth consecutive quarter of growth. Total revenue surged 14.0% year-over-year to R$36.9 billion, driven by robust net interest income and insurance income. The bank maintained good asset quality with delinquencies within estimates and a higher proportion of secured lending, while also advancing its GenAI-intensive transformation plan.
Key Highlights
- Bradesco's 1Q26 Recurring Net Income increased 16.1% YoY to R$6.8 billion.
- Total Revenue grew 14.0% YoY to R$36.9 billion.
- Net Interest Income (NII) rose 16.4% YoY to R$20.051 billion.
- Expanded Loan Portfolio reached R$1,090 billion, up 8.4% YoY.
- Insurance income surged 20.4% YoY to R$6.384 billion.
- Cost to Income Ratio improved to 46.9%, down 2.8% YoY.
- Over 90 days delinquency ratio was 4.2%, up 0.1 p.p. YoY.
- R$4 billion allocated in interest on shareholders’ equity in 1Q26.