Bradesco reported a recurring net profit of R$ 24.6 billion in 2025, a 26% increase from the previous year, in line with market expectations. In the fourth quarter, profit reached R$ 6.5 billion, up 20.6%. The bank kept delinquency at 4.1% while growing its credit portfolio by 11%.
Bradesco released its 2025 financial results on Thursday (5), demonstrating solid recovery. The annual recurring net profit reached R$ 24.65 billion, slightly exceeding Bloomberg analysts' forecast of R$ 24.49 billion. In the fourth quarter, profit was R$ 6.5 billion, close to the R$ 6.33 billion estimate.
The ROAE (return on average equity) ended the year at 14.8%, up from 11.7% in 2024, marking the eighth consecutive quarter of profit growth. Pre-pandemic, this indicator exceeded 20%, and under new leadership since November 2023, the bank emphasizes more profitable and less risky products, including board changes.
The annual financial margin rose 14.9% to R$ 73.23 billion. The credit portfolio grew 11% to R$ 1.089 trillion, driven by segments like small and medium enterprises and individuals. Delinquency over 90 days stood at 4.1%, a 0.1 percentage point increase from December 2024. Provisions for losses increased 5% to R$ 57.98 billion.
"Our operations are gaining traction, allowing us to deliver strong revenue growth while keeping delinquency under control," said CEO Marcelo Noronha. In the insurance arm, profit was R$ 10.1 billion, with ROAE at 21.9%; premiums and pension revenues fell 2.1% to R$ 118.5 billion but rose 6.9% excluding tax effects.
For 2026, the bank projects credit portfolio growth between 8.5% and 10.5%, with gradual profitability improvements. Founded in 1943 in Marília (SP), Bradesco serves 74.3 million customers through 2,009 branches and 82,095 employees.
