Bradesco Posts Q3 Net Profit of 7.11 Billion Reais

Brazilian lender Banco Bradesco posted a third-quarter recurring net profit of 7.11 billion reais, meeting analyst expectations despite slower growth in credit-related revenue. The bank maintained its 2026 projections and renewed its share buyback program.

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Brazil's Banco Bradesco SA logo is pictured in Sao Paulo, Brazil, December 3, 2024. REUTERS/Amanda Perobelli

BANCO BRADESCO-ADR posted a 14.6% increase in third-quarter recurring net profit to 7.11 billion reais ($1.41 billion), meeting expectations. The result kicks off earnings season for major lenders in Brazil, outpacing softer credit-related revenue growth through disciplined cost controls. Investors watch whether cautious risk appetites will constrain expansion as macroeconomic headwinds persist into late 2026.

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