{
  "id": 16116731,
  "title": "Brazil’s Bradesco Profit Up 14.6% to US$1.4B",
  "url": "https://urgent.news/2026/10/22/brazils-bradesco-profit-up-14-6-to-us-1-4b",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-22T21:34:37.000Z",
  "source": {
    "name": "The Rio Times",
    "slug": "the-rio-times",
    "url": "https://www.riotimesonline.com/bradesco-q3-2026-profit-r7-1-billion-bad-loans-rise/"
  },
  "original_language": "en",
  "account": "Bradesco, a major Brazilian private bank, reported a 14.6% increase in profit to US$1.4 billion in the third quarter of 2026, meeting analysts' expectations. The bank's earnings grew 0.8% from the previous quarter and 14.6% compared to the same period last year. Despite the profit growth, the 90-day overdue loan rate increased to 4.6% from 4.3%, indicating a slowdown in the credit market and an uptick in customers struggling to make payments. Bradesco's CEO, Marcelo Noronha, attributed the challenging credit environment to high interest rates and a slowing economy. The bank also revealed that it raised R$10 billion in new shares, which will be allocated towards technology investments, sales efficiency, and growth.",
  "summary": "Brazil's Bradesco earned R$7.1 billion (US$1.4 billion) in the third quarter, in line with forecasts, while loans overdue 90 days rose to 4.6%. The post Brazil’s Bradesco Profit Up 14.6% to US$1.4B appeared first on The Rio Times .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}