Bradesco posted a recurring net profit of R$ 6.8 billion in the first quarter of 2026, up 16% from the same period in 2025. The result slightly beat market expectations and was driven by stronger financial margins and insurance operations.
The bank released the figures on Wednesday, May 6. Financial margins rose 16.4% over the year to R$ 20 billion, while the total credit portfolio reached R$ 1.09 trillion, expanding 8.4% in 12 months.
Return on average equity climbed to 15.8%, from 14.8% in December. CEO Marcelo Noronha noted the performance amid a tougher macroeconomic environment that includes geopolitical tensions.
Nonperforming loans over 90 days stood at 4.2%, a slight 0.1 percentage point increase year over year. The insurance segment contributed R$ 2.8 billion in profit with a 21.6% ROAE for the quarter.
