Earnings ·
Bank Bradesco reports R$7.1 bn recurring net income in 3Q26, up 14.6% y/y
BBDBank Bradesco
Bank Bradesco reported third-quarter 2026 recurring net income of R$7.1 billion, a 14.6% increase year-over-year and an 0.8% rise quarter-over-quarter. Total revenue reached R$38.0 billion, up 8.4% annually despite a slight quarterly decline. The bank completed a R$10 billion capital increase, strengthening its regulatory ratios above management targets. Operating expenses remained controlled, contributing to an improved cost-to-income ratio of 45.4%. Non-performing loans showed a marginal increase to 4.6%, driven by specific segments including MSME working capital and rural loans. The insurance subsidiary maintained a strong return on equity of 22%. Bank Bradesco is a major Brazilian financial services provider offering banking, insurance, and asset management products.