Macro weighs and Bradesco loses steam in 3rd quarter
The macro weighed and Bradesco reported a third quarter considered weak by the market. The profit was R$ 7.1 billion, a growth of only 0.8% in the quarter-on-quarter comparison and 14.6% in the annual comparison.
Bradesco reported a weak third quarter, with a net income of R$ 7.1 billion, up 0.8% from the previous quarter and 14.6% from the same period in 2025. The bank's return on equity (ROE) was 15.6%, or 16.1% excluding a recent R$ 10 billion capital increase. The bank's credit portfolio grew 1.1% sequentially and 11.1% from the same period in 2025, with a focus on more secured lines. The bank's non-performing loans above 90 days increased to 4.6%, and provisions rose 7% in the quarter and 24% annually.
Written by urgent.news from Brazil Journal's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
