Bradesco (NYSE: BBD) approves R$3B interim interest on equity
Rhea-AI Filing Summary
Banco Bradesco S.A. approved payment of interim interest on shareholders’ equity totaling R$3,000,000,000.00. The gross amounts are R$0.270307744 per common share and R$0.297338519 per preferred share. Shareholders of record on April 6, 2026 are entitled, with shares trading ex-rights from April 7, 2026.
Net of the 17.5% withholding income tax, the payment will be up to October 30, 2026 at R$0.223003889 per common share and R$0.245304278 per preferred share, except for exempt legal-entity shareholders who receive the gross amount. The interim interest corresponds to about 15.7 times the monthly net interest usually paid and will be included in calculating mandatory dividends for the year.
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Insights
Bradesco announces a large interim interest-on-equity payout that supplements its regular monthly distributions.
Bradesco is distributing R$3,000,000,000.00 as interim interest on shareholders’ equity, with per-share amounts specified for common and preferred stock. In Brazil, this instrument functions similarly to a dividend but has distinct tax treatment, which is why the filing highlights gross and net figures.
Net payments per share reflect a 17.5% withholding tax for most investors, while exempt legal entities receive the full declared amounts. The bank notes that this interim interest is about 15.7 times its usual monthly net interest payments and will count toward mandatory dividends under its bylaws, signaling an additional cash return without altering the stated dividend framework.
SECURITIES AND EXCHANGE COMMISSION
06029-900 - Osasco - SP
Federative Republic of Brazil
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No ___X____.
Banco Bradesco S.A. Publicly-Held Company Corporate Taxpayer´s ID No. 60.746.948/0001-12
Banco Bradesco S.A. (Bradesco or Company) informs its shareholders and the overall market that the Board of Directors, in a meeting held today, approved Board of Executive Officers´ proposal for payment of interim interest on shareholders´ equity, in the total amount of R$3,000,000,000.00, being R$0.270307744 per common share and R$0.297338519 per preferred share.
Those shareholders registered at the Company records on April 6, 2026 (right base date) shall be benefited and the shares will be negotiated “ex right” to the interim interest on shareholders´ equity as of April 7, 2026.
The payment will be made up to October 30, 2026 by the net value of R$0.223003889 per common share and R$0.245304278 per preferred share, after deducting the withholding income tax of seventeen point five percent (17.5%), except for the legal entity shareholders who are exempt from such taxation, who will receive by the declared amount and will be performed as follows:
| · | to the shareholders whose shares are deposited at the Company and who keep their register and banking data updated, by means of credit in the current accounts in Financials Institutions appointed by them; and |
| · | to the shareholders whose shares are deposited at B3 S.A. - Brasil, Bolsa, Balcão, by means of Institutions and/or brokerage houses which keep their shareholding position in custody. |
The shareholders who do not have their data updated must go to a Bradesco Branch of their preference, with their Individual Taxpayer’s ID, Identity Card and proof of residence to update their information and receive the respective amounts to which they are entitled.
The interest hereby approved represents, approximately, 15.7 times the value of interest paid monthly, net from withholding tax, and will be computed in the calculation of mandatory dividends for the year set forth in the Company’s Bylaws.
Cidade de Deus, Osasco, SP, March 25, 2026.
André Costa Carvalho
Investor Relations Officer
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BANCO BRADESCO S.A. | ||
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By: |
/S/André Costa Carvalho
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| André Costa Carvalho Investor Relations Officer | ||
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.
FAQ
What interim interest on equity did Banco Bradesco (BBD) approve in March 2026?
How much per share will Banco Bradesco (BBD) pay as interim interest on equity?
What are the key record and ex-rights dates for Banco Bradesco’s March 2026 interim interest?
When will Banco Bradesco (BBD) pay the approved interim interest on equity?
How does Banco Bradesco’s March 2026 interim interest compare to its usual monthly interest payments?
How is withholding tax applied to Banco Bradesco’s interim interest on shareholders’ equity?
