Banco Bradesco reported consolidated recurring net income of R$7.1 billion for the second quarter of 2026, up 16.2% from a year earlier and 3.5% higher than the previous quarter. The result marks the Brazilian lender's tenth consecutive quarter of profit growth.
Total revenues reached R$37.6 billion, up 10.3% year on year, the bank said. The loan portfolio grew 11.6% year on year to R$1.137 trillion.
TENTH STRAIGHT QUARTER OF GROWTH
The 3.5% sequential rise and 16.2% year-on-year increase in recurring net income extend a run of profit expansion that Bradesco says now stretches to ten consecutive quarters. Bradesco attributed the run to the transformation of the organisation and the resilience of its revenues.
Net interest income rose 15.7% year on year to R$20.9 billion, while recurring net income at the insurance group rose 28.3% to R$2.9 billion.
STRATEGIC TURNAROUND CONTINUES
Bradesco has spent recent years carrying out a transformation plan that includes technology investment and a smaller physical branch network.
The quarter came against a backdrop of high interest rates and elevated household debt burdens, and Bradesco's 90-day non-performing loan ratio rose 0.1 percentage point on the quarter to 4.3%. Chief executive Marcelo Noronha said the bank would remain moderate in its risk appetite while keeping operating expenses under control.
The bank publishes its full quarterly results, including earnings presentations and supplementary financial information, through its investor relations channels. Bradesco kept its 2026 guidance, including loan-portfolio growth of 8.5% to 10.5%.
Bradesco is one of Brazil's leading private-sector lenders, with a full-service model spanning retail banking, insurance and asset management.