Banco Bradesco reported 2Q26 consolidated recurring net income of R$7.1 bi, up 3.5% quarter-on-quarter and 16.2% year-on-year, its tenth consecutive quarter of growth. Total revenue reached R$37.6 bi, supported by a 4.1% rise in total net interest income and resilient fee and insurance revenues.
The expanded loan portfolio grew to R$1.137 bi, 4.3% above 1Q26 and 11.6% above 2Q25, with a higher share of secured lending. The over-90-day delinquency ratio ticked up to 4.3%, while Stage 1+2 exposures represented 92.8% of the book and Stage 3 coverage stayed above 100%.
Operating expenses rose more slowly than revenues, pulling the operating efficiency ratio down to 46.5%. The insurance group delivered 2Q26 net income of R$2.9 bi and 1H26 net income of R$5.7 bi, with ROAE of 22.1%. Capital remained robust, with a Basel total ratio of 15.5% and Common Equity at 11.3%. By June, Bradesco had reached 92.5% of its R$450 bi sustainable credit allocation goal for December 2026.
Banco Bradesco S.A. is implementing a capital increase of up to R$10,000,000,000.00 through a private subscription of up to 604,852,753 new shares, raising its capital stock from R$93,770,000,000.00 to R$103,770,000,000.00, subject to Central Bank approval and a minimum subscription of R$8,000,000,000.00.
The issue comprises up to 302,876,396 common shares at R$15.43 and up to 301,976,357 preferred shares at R$17.64, with a 6% discount to the July 28, 2026 B3 closing prices to encourage participation. Existing shareholders have preemptive rights of 5.721967934% per share class, exercisable from August 6 to September 4, 2026, and any unsubscribed shares may be reallocated, with partial approval allowed and remaining shares canceled. Controlling shareholders have a firm commitment to subscribe up to R$8,000,000,000.00.
On full ratification, management expects an increase of about 0.9 percentage points in the Common Equity Ratio, added to the 12.7% pro forma level. Bradesco will pay R$6,500,000,000.00 in interest on shareholders’ equity on September 15, 2026, which shareholders may use to offset payment for subscribed shares, and non-participating shareholders may face a maximum dilution of 3.40%.
Banco Bradesco S.A. approved a share capital increase of R$ 10,000,000,000.00 through the issuance of 302,876,396 new common shares at R$ 15.43 and 301,976,357 new preferred shares at R$ 17.64, for private subscription by existing shareholders with preemptive rights.
Preemptive rights can be exercised from August 6, 2026 to September 4, 2026 at a 5.721967934% ratio based on holdings as of August 4, 2026, and may be traded on B3 from August 6 to September 1, 2026. Payment may be made in cash via Bradesco accounts or PIX, or by offsetting Interest on Shareholders’ Equity declared on March 25 and June 23, 2026. The Board may approve the capital increase partially if at least BRL 8 billion is subscribed, with any unsubscribed shares canceled, and the new shares will receive full economic rights after Central Bank of Brazil approval.
Bank Bradesco executive officer Di Marcello Francesco reported an "Other acquisition or disposition" of preference shares pursuant to a court-approved divorce settlement. On 2026-07-14 he disposed of 56,800 BBDC4 shares at 18.63 per share and 50 BBDC4F shares at 18.61 per share. He now directly holds 55,844 BBDC4 shares and 112,644 BBDC4F shares.
Banco Bradesco S.A. reports detailed June 2026 share dealings by its controlling group, board members, executive officers, committees, treasury and numerous controlled and related entities. The controller’s group maintained its position with 3,811,582,439 common shares and 121,067,106 non-voting shares, with opening and closing balances unchanged.
The board of directors’ group executed only sales in non-voting shares, disposing of 101,339 shares for a total of R$ 1,813,851.56, leaving a closing balance of 43,745,462 non-voting shares. The executive officers’ group executed multiple trades, including a small purchase of 57 non-voting shares for R$ 1,007.76 and cumulative sales of 128,725 non-voting shares totaling R$ 2,297,317.35, alongside securities lending (“Rent”) credits and debits of 19,588 non-voting shares each. Their non-voting share balance moved from 11,830,278 to 11,763,595, while common-share balances remained unchanged across groups. Audit Committee, Technical and Advisory bodies, treasury and an extensive list of controlled and related companies reported no June 2026 operations and unchanged zero or static balances.
Bank Bradesco executive Julio Cesar Bueno made open-market purchases of the company’s preference shares. On July 1, 2026, he bought a total of 110,441 preference shares in two transactions at prices around 18.10–18.11 per share, increasing his direct personal investment in the bank.
BANK BRADESCO vice president officer Jose Ramos Rocha reported an indirect open-market purchase of preference shares. An account attributed to Antonio Fortis Rocha bought 57 BBDC4 preference shares at 17.68 per share on this transaction date, bringing that indirect holding to 84 shares in total.
Banco Bradesco S.A. reports May 2026 share dealings by its controlling group, board members and executive officers. The controller’s position in Banco Bradesco remained unchanged at 3,811,582,439 common shares and 121,067,106 non-voting shares. Board members sold 146,338 non-voting shares for R$ 2,638,474.14, while executive officers sold 86,093 non-voting shares for R$ 1,544,406.82 and recorded additional non-voting share rent-credit transactions totaling 5,662 shares for R$ 111,438.24. Most subsidiaries and related companies reported no operations with Bradesco securities or derivatives in the month.
Bank Bradesco board member Mauricio Machado de Minas sold 29,800 preference shares (BBDC4) in an open-market transaction at R$17.56 per share. After this June 1, 2026 sale, he directly holds 393,051 preference shares, indicating he retains a substantial position in the company.