Business
Banco Bradesco: Strong 3Q24 results: higher net income, loan growth, and improved credit quality
Banco Bradesco: Strong 3Q24 results: higher net income, loan growth, and improved credit quality
About this update from Banco Bradesco Sa
Profitability improved in 3Q24 with recurring net income of R$5.2 billion and ROAE of 12.4%. Loan portfolio and fee income grew, while credit risk and delinquency ratios declined. Strategic moves included a higher stake in Cielo and new ESG targets.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.