Banco Bradesco Sa American Depositary Shares (BBD) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, good morning everyone, how are you? I am Marcelo Noronha, I am directly here from the City of God, at the headquarters of Bradesco, to present some details of our results from the third quarter of the year 2025. You must have already seen that we published the results last night and certainly had the opportunity to read and see some elements of our results. I bring here So, the first opening, the recurring liquid profit, as you could see, was 6.2 billion this quarter, an increase of almost 19% in the euro. We also raised our ROE by 10 bps to 14.7%. The summary of the opera here is that I think we have a solid and consistent result with everything we have been talking about in these seven trimesters of presentation of results after our transformation plan. Basically, here we talk about profitability, which maintains growth step by step and is safe, with operational consistency. Just look at all the lines here, revenue advances in practically all lines, Brutal, liquid financial margin, which is more important than bottom line. Service loan receipts, insurance group, other linked ones. And with a highlight, obviously, here for the margin of customers. Absolutely controlled inadimplency. The restructured portfolio falls, as you will see a little later. And our portfolio, with guarantees, grows proportionally, tri-to-tri, reaching almost 60%. Operational expenses in line with the expected and counted. The expenses are very controlled, I will talk a little later about it. And we were ahead of the revision movement of our footprint. We are already with a number above that number that we expected. And once again, we delivered a solid performance of the insurance group for another quarter with Maruí exceeding 21%. So, I open a little more details here for you. Our tota...