Bradesco 2Q26: Recurring Net Income Hits R$7.1B, Up 16.2% Y/Y; Loan Portfolio Expands 11.6%
BBD sits 22% above its 52-week low of $2.83.
Summary
Bradesco's 2Q26 results show recurring net income of R$7.1 billion, up 16.2% year-over-year, driven by resilient revenues, controlled expenses, and strong insurance performance. The loan portfolio grew 11.6% with moderate risk appetite, while capital ratios stayed well above requirements.
Key Events · Earnings and Guidance · BBD
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Recurring Net Income R$7.1B
Recurring net income reached R$7.1 billion in 2Q26, up 3.5% q/q and 16.2% y/y, marking the tenth consecutive quarter of improvement.
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Loan Portfolio Growth 11.6% Y/Y
The expanded loan portfolio hit R$1.137 trillion, driven by secured lending; NPL over 90 days edged up to 4.3%, in line with expectations.
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Insurance Net Income Surges 28.3%
Insurance group recurring net income jumped to R$2.9 billion, with ROAE of 22.8%, supported by disciplined claims management and higher financial results.
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Capital Ratios Remain Strong
Common Equity Tier 1 ratio stood at 11.3%, Total Capital Ratio at 15.5%, well above regulatory minimums, even after a proposed R$10 billion capital increase.
Analysis · BBD · Finance
Bradesco delivered its tenth straight quarter of rising net income, with recurring profit hitting R$7.1 billion — a 16.2% jump from a year ago. Revenue held up despite a tough macro backdrop, and the loan book expanded 11.6% while keeping credit costs in check. The insurance arm posted a standout 28.3% earnings surge. Capital ratios remain comfortably above regulatory floors, and management reaffirmed full-year guidance. This is a solid print that shows the bank's transformation plan is gaining traction, though rising NPLs in the MSME segment and a challenging rate environment warrant watching.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 36.1% of the 1051 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.56%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, BBD was trading at $3.45 on NYSE in the Finance sector, with a market capitalization of approximately $36.7B. The 52-week trading range was $2.83 to $4.30. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.