Banco Bradesco (BBDC4) investor relations material

Executive summary

• Recurring net income reached R$6.8 billion in 1Q26, up 16.1% year-over-year and 4.5% quarter-over-quarter, marking nine consecutive quarters of growth, with ROAE at 15.8%.

• Total revenues grew 14.0% year-over-year, driven by strong net interest income and insurance performance.

• Transformation initiatives accelerated, including broader GenAI adoption, productivity gains, digital client base up 47% from 4Q25, and the launch of Bradsaúde consolidating healthcare assets.

• Risk appetite remained moderate and conservative, with a focus on secured lending and controlled delinquencies.

Financial highlights

• Total revenue for 1Q26 was R$36.9 billion, up 14.0% year-over-year and 4.2% quarter-over-quarter.

• Net interest income reached R$20.1 billion, up 16.4% year-over-year and 4.2% quarter-over-quarter.

• Fee and commission income was R$10.4 billion, up 6.2% year-over-year but down 6.4% quarter-over-quarter.

• Insurance, pension, and capitalization net income was R$2.8 billion, up 13.0% year-over-year.

• Operating expenses were R$16.2 billion, up 7.8% year-over-year but down 4.6% quarter-over-quarter.

Outlook and guidance

• Commitment to gradual and sustained net income growth, with a conservative risk approach and focus on collateralized lending.

• Continued acceleration of digital transformation and technology-driven competitiveness.

• Ongoing commitment to sustainable finance, with 89% of the R$450 billion corporate target for socio-environmental allocation met.