Banco Bradesco - Earnings Call - Q3 2025

Transcript

Andre Carvalho (CEO)

[Foreign language].

[Foreign language.]

[Foreign language].

[Foreign language].

BofA Securities Mario.

[Foreign language].

Mario Pierry (Managing Director)

[Foreign language].

Andre Carvalho (CEO)

[Foreign language].

[Foreign language].

[Foreign language].

[Foreign language].

[Foreign language].

[Foreign language].

[Foreign language].

[Foreign language].

[Foreign language].

[Foreign language].

[Foreign language].

[Foreign language].

[Foreign language].

[Foreign language].

The next question comes from Carlos Gomez-Lopez from HSBC. Carlos, good to see you.

Carlos Gomez-Lopez (Head of LatAm Financial Institutions)

Hello Andre, and thank you. Hi, good to see you. Thank you for taking my call. I had two questions. The first one is about funding that we haven't talked about. In particular, we saw a big decline in demand deposits and saving deposits. Is that, in your opinion, related to the reduction in footprint? What do you think your current market share is in those two lines, in demand deposits and in saving deposits? Second, on insurance, you continue to deliver very, very good results. I'm going to ask once more about the sustainability, specifically in health insurance, where your earnings are now twice the level that you had last year. Thank you.

Andre Carvalho (CEO)

Thank you. Carlos, you can start. The subject of deposits, right.

[Foreign language].

[Foreign language].

[Foreign language].

[Foreign language].

[Foreign language].

The next question comes from Tito Labarta from Goldman Sachs. Tito.

Tito Labarta (VP)

Thank you, Andre. Good morning, Marcelo, Cassiano. Thank you for taking my question. My question, you've talked a little bit about growth and you're growing in some segments where you feel more comfort, particularly more than secured lines. In the other segments you're not growing, but you may increase your risk appetite going forward. Marcelo, if we go back after you became CEO, part of your strategic plan was to potentially increase market share in loans from 14% to maybe 15% to 19%. Since then, your market share is still relatively stable. Just thinking, how important do you think it will be to increase your market share in order to keep improving profitability? Or should the focus be more maybe focus on the segments that are more profitable where your overall market share maybe matters less?

Just how should we think about your ability to gain market share from here and how important that will be for you to improve your profitability going forward? Thank you.

[Foreign language].

Andre Carvalho (CEO)

[Foreign language].

Thank you, Tito. [Foreign language].