BBDO BANK BRADESCO
Price Chart
Executive Summary
Bradesco reported strong 1Q26 results with recurring net income up 16.1% YoY to R$6.8 billion and total revenue increasing 14.0% YoY to R$36.9 billion, marking the ninth consecutive quarter of earnings growth. The results were driven by solid net interest income, insurance income, and fee income, although provision expenses rose 26.5% YoY. Management also provided 2026 guidance including expanded loan portfolio growth of 8.5%-10.5% and NII net of provisions of R$42-R$48 billion.
Actionable Insight
The earnings beat across multiple revenue lines reinforces the turnaround narrative; watch for continued net interest margin expansion and cost control. Provision expenses warrant monitoring but remain manageable.
Key Facts
- Recurring net income R$6.8 billion, +16.1% YoY
- Total revenue R$36.9 billion, +14.0% YoY
- Net interest income R$20.1 billion, +16.4% YoY
- Expenses with expanded loan loss provisions R$9.7 billion, +26.5% YoY
- Over 90 days delinquency ratio 4.2%, +0.1 p.p. YoY
- Recurring ROAE 15.8%
- Expanded loan portfolio R$1.09 trillion, +8.4% YoY
- Insurance net income R$2.8 billion, +13.0% YoY
- 2026 guidance: loan growth 8.5%-10.5%, NII net of provisions R$42-48B, fee income +3-5%, operating expenses +6-8%, insurance income +6-8%
Financial Impact
Recurring net income of R$6.8 billion (≈$1.3B at current rates) reflects strong profitability improvement.
Risk Factors
- Rising provision expenses may pressure future earnings
- Slight increase in NPL ratio to 4.2%
- Macroeconomic challenges in Brazil including high interest rates
Market Snapshot
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001292814-26-002869 |
| Document: 0001292814-26-002869-index-headers.html | 0001292814-26-002869 |
| Document: 0001292814-26-002869-index.html | 0001292814-26-002869 |
| Document: 0001292814-26-002869.txt | 0001292814-26-002869 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 11, 2026
3d ago
|
Institutional Cluster
| $2.94 awaiting T+5 | awaiting T+5 | — | $3.02 (+2.90%) |
|
May 29, 2026
16d ago
|
6-K
| $3.13 $2.91 | ▼ −6.91% | ▼ −4.39% | $3.02 (−3.39%) |
|
May 13, 2026
4w ago
|
6-K
| $3.16 $3.05 | ▼ −3.48% | ▼ −2.32% | $3.02 (−4.43%) |
|
May 7, 2026
5w ago
|
6-K
| $3.33 $3.16 | ▼ −5.11% | ▼ −6.61% | $3.02 (−9.31%) |
|
May 7, 2026
5w ago
|
6-K
| $3.33 $3.16 | ▲ +5.11% | ▲ +6.61% | $3.02 (+9.31%) |
|
May 7, 2026
5w ago
|
6-K
| $3.33 $3.16 | ▼ −5.11% | ▼ −6.61% | $3.02 (−9.31%) |
|
Apr 10, 2026
9w ago
|
6-K
| $3.68 $3.73 | ▲ +1.45% | ▼ −1.85% | $3.02 (−17.87%) |
|
Mar 30, 2026
10w ago
|
6-K
| $3.23 $3.46 | ▲ +7.02% | ▲ +3.07% | $3.02 (−6.59%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access