Banco Bradesco (BBDC4) investor relations material

Executive summary

• Net income reached R$7.1 billion in Q2 2026, up 16.2% year-over-year and 3.5% quarter-over-quarter, marking ten consecutive quarters of growth, with ROAE at 16.2% and profitability exceeding market expectations.

• Loan portfolio expanded 11.6% year-over-year to R$1,137 billion, driven by strong growth across all segments, especially SMEs and large corporates.

• Revenue diversification, digital transformation, and AI initiatives enhanced resilience, competitiveness, and client experience.

• Insurance business delivered consistent results, with net income up 28.3% year-over-year and claims ratio under control.

• Total deposits increased 21.9% year-over-year to R$782.5 billion, and securities portfolio rose 18.9% to R$961.1 billion.

Financial highlights

• Total revenue was R$37.6 billion in Q2 2026, up 10.3% year-over-year; net interest income reached R$20.9 billion, up 15.7% year-over-year.

• Fee and commission income totaled R$10.5 billion in Q2 2026, up 1.7% year-over-year; insurance segment net income was R$2.9 billion with ROAE of 22.8%.

• Operating expenses rose 3.4% year-over-year, remaining below inflation.

• Insurance, pension, and capitalization income up 8.3% year-over-year.

• Net fee and commission income for 1H26 reached R$15.8 billion, up from R$15.0 billion year-over-year.

Outlook and guidance

• Management expects to deliver net income at the midpoint to top of guidance by year-end 2026, with all guidance lines on track.

• Transformation plan and digital initiatives are expected to further enhance competitiveness, efficiency, and revenue resilience.

• NIM expected to remain flat at around 9% for the year; insurance results expected to normalize in H2.

• Focus on sustainable business strategy and supporting clients in the transition to a low-carbon economy.

• By June 2026, 92.5% of the R$450 billion sustainable financing target for 2021–2026 was achieved.