Banco Bradesco Sa American Depositary Shares (BBD) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you very much to all of you for joining us in another earnings conference call. I'll move straight to the point, to what matters. We disclosed yesterday our earnings. We reached a recurring net income of 6.1 billion euros, posting a significant... ROAE 14.6% plus up 3.2 percentage points year-on-year. So what is the summary of our earnings in this quarter? Firstly, we believe that our operating results showed consistency. In all of the line items, particularly in the top line, in the main revenue streams, and I mentioned NII, NII, net of provisions, fee income, fee and commissions, income specially, fees, and another good quarterly result of the insurance group. Operating expenses are under control. The loan book is absolutely under control. Over 90-day NPL is indicated. Over 15-day NPL, all under control. Stage 3 as well, as I will be showing you momentarily. So the organization has a lot of traction. And matching the plan that we presented in February of last year. So we have changed the bank. and runs a bank very well connected with a lot of intersections between the two, a lot of deliveries, and the use of Gen-AI to help us gain productivity and efficiency across the organization. So, this is the summary, and based on that, we are delivering consistent results in our review. Our attempt is to present cause and defense because net income, the operating result, is the result of all of the seeds that have been planted and everything that is being done in the organization. So here we have total revenue, 34 billion, up 15.1% year on year, and in the quarter, up 5.2% quarter on quarter. Here we have the bar chart showing the level of revenue growing. Of course, the first quarter is always less accelerated in our industry, but we can see coherent perennial growth....