Business
Banco Bradesco: Net income up 20% to BRL 19.6B, with strong loan growth and robust digital transformation
Banco Bradesco: Net income up 20% to BRL 19.6B, with strong loan growth and robust digital transformation
About this update from Banco Bradesco Sa
Net income grew 20% year-over-year to BRL 19.6 billion in 2024, driven by revenue growth, digital transformation, and disciplined cost control. The loan portfolio expanded nearly 12%, with a focus on secured lending and cautious risk management, while capital ratios improved post-regulatory adjustments. Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.