BANK BRADESCO (BBD) Company Report

Analyst Earnings Quarterly Reports

Earnings summaries and quarterly performance for BANK BRADESCO.

Q4 2025

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Analyst Coverage

Research analysts who have asked questions during BANK BRADESCO earnings calls.

Carlos Gomez-Lopez

HSBC

5 questions for BBD

Also covers: BAP, BBAR, BDORY +9 more

Eduardo Rosman

BTG Pactual

5 questions for BBD

Also covers: BDORY, BSBR, INTR +4 more

Mario Pierry

Bank of America

5 questions for BBD

Also covers: BDORY, BSBR, INTR +5 more

Pedro Leduc

Itau BBA

5 questions for BBD

Also covers: BBAR, BDORY, BMA +7 more

Tito Labarta

Goldman Sachs

5 questions for BBD

Also covers: BAP, BBAR, BDORY +14 more

Yuri Fernandes

JPMorgan Chase & Co.

5 questions for BBD

Also covers: AVAL, BAP, BCH +13 more

Renato Meloni

Autonomous Research

4 questions for BBD

Also covers: BAP, BDORY, ITUB +3 more

Thiago Bovolenta Batista

UBS

4 questions for BBD

Also covers: BAP, BSBR, INTR +3 more

Bernardo Guttmann

XP Inc.

3 questions for BBD

Also covers: BDORY, ITUB, TIMB +3 more

Daniel Vaz

Banco Safra

3 questions for BBD

Also covers: BAP, BSBR, CIB +5 more

Jorge Kuri

Morgan Stanley

3 questions for BBD

Also covers: BDORY, BSBR, DLO +3 more

Brian Flores

Citigroup Inc.

2 questions for BBD

Also covers: BAP, BBAR, BDORY +6 more

Daniel Vas

Safra

2 questions for BBD

Also covers: GGAL

Eduardo Michivo

Genial Investimentos

2 questions for BBD

Eduardo Nishio

Genial Investimentos

2 questions for BBD

Also covers: BDORY, BSBR, ITUB

Enrique Navarro

Santander

2 questions for BBD

Also covers: ITUB

Gustavo Schroeder

Citigroup

2 questions for BBD

Also covers: BSBR

Daer Labarta

Goldman Sachs

1 question for BBD

Also covers: BCH, BDORY, DLO +4 more

Gustavo Schroden

Citigroup

1 question for BBD

Also covers: BDORY, BSBR, INTR +5 more

Henrique Navarro

Banco Santander, S.A.

1 question for BBD

Also covers: ITUB, NU, XP

Latest news

Recent press releases and 8-K filings for BBD.

Banco Bradesco Reports Strong Q4 and Full-Year 2025 Results, Provides 2026 Guidance

BBD

Earnings

Guidance Update

New Projects/Investments

Banco Bradesco reported recurring net income of BRL 6.5 billion for Q4 2025, a 20.6% year-on-year growth, and BRL 24.7 billion for the full year 2025, a 26.1% growth. The Return on Average Equity (ROAE) reached 15.2% in Q4 2025, exceeding the cost of capital for the first time.
The loan portfolio grew by 11% in December 2025, reaching almost BRL 1.1 billion, with micro, small, and medium-sized companies showing a 21.3% growth. Net Interest Income (NII) increased to BRL 14.9 billion, with client NII up 17.4%.
The company continues to invest heavily in technology, with technology investments growing 22% in 2025 compared to 2024. Digital retail initiatives have led to 19 million fully digital clients and a 40x reduction in direct cost to serve for the digital platform.
For 2026, the company expects expanded loan portfolio growth of 9.5% and anticipates operating expenses to increase by 8%, with 3% of this growth attributed to technology investments. The CET1 ratio is projected to remain around 11% throughout 2026.

10 hours ago

Transcript

Bradesco Reports Strong Q4 and Full-Year 2025 Results with Significant Digital and Loan Portfolio Growth

BBD

Earnings

Guidance Update

New Projects/Investments

Banco Bradesco reported Q4 2025 recurring net income of BRL 6.5 billion, an increase of 20.6% year-on-year, contributing to a full-year recurring net income of BRL 24.7 billion, which represents 26.1% growth.
The bank achieved a Return on Average Equity (ROAE) of 15.2% in Q4 2025, exceeding its cost of capital for the first time this quarter, with management expecting continued ROAE growth in the future.
Strategic investments in technology grew 22% in 2025 compared to 2024 and are projected to continue, supporting digital transformation efforts that have resulted in 19 million fully digital clients by year-end 2025 and a 40-fold reduction in direct cost to serve for these clients.
The loan portfolio expanded to almost BRL 1.1 trillion by December 2025, with micro, small, and medium-sized companies (SMEs) growing 21.3%. The bank anticipates 8.5%-10.5% loan book growth for 2026, while expecting its CET1 ratio to remain around 11% throughout the year.

11 hours ago

Transcript

Bradesco Reports Strong Q4 and Full-Year 2025 Results with Significant Growth in Net Income and Loan Portfolio

BBD

Earnings

Guidance Update

Revenue Acceleration/Inflection

Bradesco reported recurring net income of BRL 6.5 billion for Q4 2025, marking a 20.6% year-on-year growth, and a full-year 2025 recurring net income of BRL 24.7 billion, up 26.1%.
The company achieved a Return on Average Equity (ROAE) of 15.2% in Q4 2025, surpassing its cost of capital.
The loan portfolio reached almost BRL 1.1 trillion in December 2025, with the micro, small, and medium-sized companies (SMEs) segment growing 21.3% and increasing market share from 14.3% to 16.6% by September 2025.
Investments in technology increased by 22% in 2025 compared to 2024, supporting digital initiatives that grew digital retail clients to 19 million by year-end 2025, with a target of 40 million in 2026.
Insurance operations exceeded guidance with 16.1% growth and an ROE of 24.3% in Q4 2025, while Common Equity Tier 1 (CET1) is projected to remain around 11% throughout 2026.

12 hours ago

Transcript

BANK BRADESCO Reports Strong Financial Results for Q4 and Full Year 2025, Announces Share Buyback Program

BBD

Earnings

Dividends

Share Buyback

BANK BRADESCO reported net income attributable to shareholders of the parent of R$23,672,706 thousand for the year ended December 31, 2025, an increase from R$17,252,900 thousand in 2024.
The company's net interest income grew to R$73,269,592 thousand and fee and commission income reached R$31,073,646 thousand for the year ended December 31, 2025.
Total assets increased to R$2,330,327,216 thousand as of December 31, 2025, up from R$2,069,484,362 thousand on December 31, 2024.
The Board of Directors approved interest on shareholders' equity totaling R$14,499,273 thousand (gross) for the year ended December 31, 2025, with payments scheduled through July 2026.
A new share buyback program was authorized on May 07, 2025, allowing the acquisition of up to 106,584,881 shares by November 08, 2026, with 15,000,000 shares remaining in treasury as of December 31, 2025.

13 hours ago

6-K

Bradesco Reports Strong Q4 and Full-Year 2025 Results with Profitability Growth and Strategic Progress

BBD

Earnings

Accounting Changes

New Projects/Investments

Bradesco reported a net income of R$6.5 billion in 4Q25, contributing to a R$24.7 billion profit for the full year 2025, marking a 26.1% growth compared to 2024 and achieving a Return on Average Equity (ROAE) of 15.2% in 4Q25.
Total revenues reached R$36.1 billion in 4Q25, reflecting a 9.8% year-over-year increase, primarily driven by net interest income which grew to R$19.2 billion for the quarter.
The company surpassed its 2021-2025 socio-environmental allocation goal, reaching R$381.9 billion, and committed to a new cumulative target of R$450 billion by December 2026.
As of January 2025, Bradesco adopted new accounting practices established by CMN Resolutions No. 4,966 and No. 4,975, which refine criteria for financial instruments and hedge accounting operations, impacting expected loss provisions.

13 hours ago

6-K

Bradesco Reports Strong Q4 and Full-Year 2025 Results, Provides 2026 Guidance

BBD

Earnings

Guidance Update

Revenue Acceleration/Inflection

Bradesco reported net income of R$6.5 billion in Q4 2025, achieving a Return on Equity (ROAE) of 15.2%, and a full-year 2025 profit of R$24.7 billion, representing 26.1% growth over 2024.
Total revenues for Q4 2025 were R$36.1 billion, an increase of 9.8% year-over-year, primarily driven by net interest income of R$19.2 billion and robust fee and commission income growth.
The expanded loan portfolio grew 11.0% year-over-year to R$1.089 trillion by December 2025, while the delinquency ratio (over 90 days NPL) remained stable at 4.1%.
For 2026, the company expects expanded loan portfolio growth of 8.5% to 10.5% and NII Net of Provisions between R$42 billion and R$48 billion, anticipating continued profitability evolution.

14 hours ago

6-K

Bradesco Reports Strong Q3 2025 Financial Performance

BBD

Earnings

Guidance Update

Revenue Acceleration/Inflection

Bradesco reported recurring net income of R$6.2 billion in Q3 2025, an 18.8% year-over-year increase and a 2.3% quarter-over-quarter increase, with ROAE reaching 14.7%.
Total revenue for Q3 2025 was R$35.0 billion, growing 13.1% year-over-year and 3.0% quarter-over-quarter, driven by strong performance in net interest income, fee and commission income, and insurance income.
The expanded loan portfolio reached R$1,034 billion in September 2025, growing 9.6% year-over-year and 1.6% quarter-over-quarter, while the delinquency ratio remained stable at 4.1%.
The company maintained robust capital levels with a Tier 1 capital ratio of 13.4% and a common equity ratio of 11.4% in Q3 2025.
For the first nine months of 2025, expanded loan portfolio growth of 9.6% and income from insurance, pension plans, and capitalization bonds growth of 21.7% both exceeded their respective annual guidance ranges.

Oct 30, 2025, 2:54 PM

6-K

Bradesco Reports Strong Q3 2025 Financial Performance

BBD

Earnings

Dividends

Recurring net income for Q3 2025 reached R$6,205 million, marking a 2.3% increase quarter-over-quarter and an 18.8% rise year-over-year.
The company demonstrated strong revenue growth with Client Net Interest Income (NII) at R$18,611 million in Q3 2025, up 4.8% quarter-over-quarter, and Fee and Commission Income at R$10,592 million, an increase of 2.8% quarter-over-quarter.
Capital adequacy remained robust in Q3 2025, with a Basel Tier I ratio of 13.4% and a Total Ratio of 15.9%, both exceeding regulatory minimums.
Asset quality indicators were stable, with the loan indicators over 90 days ratio holding at 4.1% quarter-over-quarter in Q3 2025.
The Board of Directors approved interest on shareholders' equity payments totaling R$8,300,000 thousand for various periods in 2025, with distributions extending through April 30, 2026.

Oct 30, 2025, 2:43 PM

6-K

Bradesco Reports Q3 2025 Financial Results and Shareholder Actions

BBD

Earnings

Dividends

Share Buyback

For the nine-month period ended September 30, 2025, Bradesco reported a net income of R$17,382,943 thousand, with basic earnings per common share of R$1.54 and basic earnings per preferred share of R$1.70.
As of September 30, 2025, the company's total assets stood at R$2,202,774,724 thousand, with total liabilities at R$2,026,630,297 thousand, and total shareholders' equity at R$176,144,427 thousand.
Bradesco reported net cash used in operating activities of R$42,681,666 thousand for the nine-month period ended September 30, 2025.
The Board of Directors approved interest on shareholders' equity payments for the first and second halves of 2025, totaling R$8,300,000 thousand. A new share buyback program was also authorized from May 8, 2025, to November 8, 2026, for up to 106,584,881 shares.

Oct 30, 2025, 2:40 PM

6-K

BBD Discusses Q3 2025 Financial Performance and Strategic Priorities

BBD

Earnings

Demand Weakening

Guidance Update

Financial margins experienced a year-over-year decrease.
The company observed a significant decline in demand and saving deposits.
The insurance segment delivered strong results, with health insurance earnings reaching twice the level of the previous year.
Despite a strategic plan to increase loan market share from 14% to 15-19%, it has remained relatively stable.