BANK BRADESCO (BBD) Form 6-K — Aug 6, 2026
Banco Bradesco reported 2Q26 recurring net income of R$7.1 billion, up 16.2% year over year and 3.5% quarter over quarter, its tenth straight quarter of earnings growth, on total revenue of R$37.6 billion (+10.3% y/y). Net interest income rose 15.7% y/y to R$20,872 million while the efficiency ratio improved to 46.5%. Credit growth stayed solid but disciplined: the expanded loan portfolio reached R$1.137 trillion, up 11.6% y/y, with 61.0% secured. The 90-day NPL ratio edged up to 4.3% while loan loss provisions climbed 22.6% y/y to R$9,985 million, keeping the cost of credit at 3.5%.
Key figures
- Revenue
- R$37.6 billion (2Q26 total revenue, +10.3% y/y, +2.1% q/q)
- Guidance
- FY2026 guidance: Expanded Loan Portfolio +8.5% to +10.5%; NII net of provisions R$42-48 billion; Fee and Commission Income +3% to +5%; Operating Expenses +6% to +8%; Insurance income +6% to +8%
- Net Income
- R$7,050 million recurring net income in 2Q26 (+16.2% y/y, +3.5% q/q)
- Nii 2q26
- R$20,872 million (+15.7% y/y)
- Gross nim
- 9.1%
- Tier1 ratio
- 12.8%
- Cost of credit
- 3.5% (retail 5.9%)
- Individuals npl
- 5.5%
- Efficiency ratio
- 46.5% (-3.4 p.p. y/y)
- Npl over 90 days
- 4.3% (+0.1 p.p. q/q, +0.2 p.p. y/y)
- Selic 2q26 close
- 14.25% p.a.
- Basel total ratio
- 15.5%
- Expanded llp 2q26
- R$9,985 million (+22.6% y/y)
- Common equity ratio
- 11.3%
- Insurance roae 1h26
- 22.1%
- Assets under custody
- R$2.8 trillion (+11.3% y/y)
- Fully digital clients
- more than 30 million
- Expanded loan portfolio
- R$1,136,640 million (+11.6% y/y)
- Interest on capital 2q26
- R$4 billion
- Sustainable finance goal
- 92.5% of R$450 billion target for December 2026 achieved
- Insurance 1h26 net income
- R$5.7 billion (+20.4% y/y)
- Proposed capital increase
- up to R$10 billion, pending regulatory approval
- Fee commission income 2q26
- R$10,486 million (+1.7% y/y)
- Secured share of portfolio
- 61.0% (+2.5 p.p. y/y)
- Capital markets advisory 2q26
- 122 operations, ~R$174.2 billion in transaction volume
- Stage3 coverage new loans 1h26
- 101%
- Total funds raised and managed
- R$3.7 trillion (+13.6% y/y)
- Insurance group net income 2q26
- R$2.9 billion (+28.3% y/y)
AI analysis
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