SAO PAULO, July 28, 2016 /PRNewswire/ -- The main figures
obtained by Bradesco (BM&FBovespa: BBDC3; BBDC4, NYSE:
BBD) in the first semester of 2016 are presented below:
1. Adjusted Net Income(1) for the first semester of 2016 stood
at R$8.274 billion (a 5.7% decrease
compared to the R$8.778 billion
recorded in the same period of 2015), corresponding to earnings per
share of R$3.14 and Return on Average
Adjusted Shareholders' Equity(2) of 17.4%(2).
2. As for the source, the Adjusted Net Income is composed of
R$5.730 billion from financial
activities, representing 69.3% of the total, and of R$2.544 billion from insurance, pension plans and
capitalization bonds operations, which together account for
30.7%.
3. In June 2016, Bradesco's market
capitalization stood at R$144.366
billion(3).
4. Total Assets, in June 2016,
stood at R$1.105 trillion, an
increase of 7.3% over the June 2015
balance. The return on Average Total Assets was 1.5%.
5. In June 2016, the Expanded Loan
Portfolio(4) reached R$447.492
billion, a decrease of 3.4% over June
2015. Operations with individuals totaled R$148.919 billion (an increase of 3.8% over
June 2015), while corporate section
operations totaled R$298.573 billion
(a 6.7% decrease over June 2015).
6. Assets under Management stood at R$1.589 trillion, an 10.1% increase over
June 2015.
7. Shareholders' Equity totaled R$96.358
billion in June 2016, 10.8%
higher than in June 2015. The
calculated Basel III Ratio, based on the Prudential Conglomerate
stood at 17.7% in June 2016, 13.7% of
which was classified as Common Equity/Tier I.
8. A total of R$2.906 billion was
paid to shareholders as Interest on Shareholders' Equity for the
profit generated in the first semester of 2016, of which
R$1.567 billion was paid in the form
of monthly and intermediaries and R$1.339
billion provisioned.
9. The Interest Earning Portion of the Net Interest Income stood
at R$29.517 billion, an increase of
10.6% compared with the first semester of 2015.
10. The Delinquency Ratio over 90 days stood at 4.6% in
June 2016 (3.7% in June 2015).
11. The Operating Efficiency Ratio (ER)(5) in June 2016 was 37.4% (37.9% in June 2015), while in the "risk-adjusted" concept,
it stood at 48.1% (46.5% in June
2015).
12. Written Insurance Premiums, Pension Plan Contributions and
Capitalization Bond Income totaled R$32.439
billion in the first semester of 2016, up 6.9% when compared
with the same period of 2015. Technical Reserves stood at
R$190.649 billion, an increase of
15.8% compared with the balance in June
2015.
13. Investments in infrastructure, information technology and
telecommunications amounted to R$2.993
billion in the first semester of 2016, up 10.6% over the
same period of the previous year.
14. Taxes and contributions paid or recorded in provision,
including social security, totaled R$20.155
billion in the first semester of 2016, of which R$6.527 billion was related to taxes withheld and
collected from third parties, and R$13.628
billion was calculated based on activities developed by the
Bradesco Organization, equivalent to 164.7% of the Adjusted Net
Income(1).
15. Bradesco has an extensive Customer Service Network in
Brazil, with 4,483 Branches and
3,485 Service Points (PAs). Customers of Bradesco can also count on
726 ATMs located on company premises (PAEs), 40,452 Bradesco
Expresso service points, 31,761 Bradesco ATMs, and 19,075
Banco24Horas Network ATMs.
16. Payroll, plus charges and benefits totaled R$6.497 billion in the first semester of 2016.
Social benefits provided to all 89,424 employees of the Bradesco
Organization and their dependents amounted to R$1.634 billion, while investments in education,
training and development programs totaled R$51.124 million.
17. In July 2016, Bradesco
informed the market that the acquisition of 100% of the share
capital of HSBC Bank Brasil S.A. – Banco Multiplo and HSBC Serviços
e Participacoes Ltda. (together, known as "HSBC Brasil") had been
completed and the amount paid to HSBC Latin America Holdings
Limited was R$16.0 billion. This
value is subject to adjustment post-closing based on the balance
sheet of HSBC Brasil (IFRS based).
18. Major Awards and Acknowledgments in the period:
- Voted, for the fifth consecutive time, as the "Best Bank in
the country," and Bradesco BBI was recognized for the second time
as the "Best Investment Bank in Brazil" in the edition of "Awards for
Excellence 2016" (Euromoney magazine);
- Bradesco was awarded "Best Bank of the Year" in efinance 2016,
by Executivos Financeiros (Financial Executives magazine),
with 14 awards;
- Bradesco Asset Management (Bram) received from Standard &
Poor's, the level AMP-1 (very strong), which is the highest in the
scale of quality management of S&P Global Ratings; and
- Featured in the "Global Finance 2016" awards, receiving two
awards: Receba Facil, in the Trade Finance category and
"Novo Net Empresa" for cell phones, in the Transaction
Services (Global Finance magazine) category.
Bradesco Organization is fully committed to the socio-economic
development of the country. We set our business guidelines and
strategies with a view to incorporating the best corporate
sustainability practices, considering the context and the potential
of each region, thus contributing to the generation of shared value
in the long-term. To reinforce this positioning, we highlight the
adherence to corporate initiatives recognized worldwide, such as
the Global Compact, the Equator Principles, CDP, Principles for
Responsible Investment (PRI), GHG Protocol Program and Empresas
pelo Clima (EPC - Business for the Climate Platform). Our
governance structure includes the Sustainability Committee,
responsible for advising the Board of Directors on establishing
guidelines and corporate actions for this area, and with the
multi-departmental Committee responsible for coordinating the
strategy´s implementation. Excellence in business management is
recognized by the main indexes of Sustainability, such as the Dow
Jones Sustainability Index (DJSI), of the New York Stock Exchange,
the Corporate Sustainability Index (ISE), and the Carbon Efficient
Index (ICO2), both of BM&FBOVESPA.
With a broad social and educational program in place for 59
years, Fundacao Bradesco operates 40 schools across Brazil. In 2016, an estimated budget of
R$593.360 million will benefit
approximately 101,566 students enrolled in its schools at the
following levels: basic education (from kindergarten to high school
and higher secondary technical-professional education), youth and
adult education; and preliminary and continuing vocational
training, which focuses on creating jobs and income. In addition to
being guaranteed to be free, quality education, the students
enrolled in the Basic Education system, numbering over 43 thousand,
also receive uniforms, school supplies, meals, medical and dental
assistance. With regard to the distance learning system (EaD), it
is estimated that more than 550 thousand students will benefit from
it through its e-learning portal "Escola Virtual" (Virtual
School). These students will conclude at least one of the various
courses offered in its schedule, and another 21,490 students will
benefit from projects and initiatives carried out in partnership
with Centers for Digital Inclusion (CDIs), the Educa+Acao
Program, and from Technology courses (Educar e Aprender –
Educating and Learning).
The Financial Statements can be found on Bradesco's Investor
Relations website at bradesco.com.br/ir.
(1) According to the non-recurring events described on page 8 of
this Economic and Financial Analysis Report; (2) As of the first
quarter of 2016, the annualized profitability has been calculated
on a linear basis, (ROAE of 18.1% in the previous criterion, in the
first semester of 2016), and also, it excludes mark-to-market
effect of Available-for-Sale Securities recorded under
Shareholders' Equity; (3) Number of shares (excluding treasury
shares) multiplied by the closing price for common and preferred
shares on the last trading day of the period; (4) Includes sureties
and guarantees, letters of credit, advances of credit card
receivables, co-obligations in loan assignments (receivables-backed
investment funds and mortgage-backed receivables), co-obligations
in rural loan assignments and operations bearing credit risk –
commercial portfolio, which includes debentures and promissory
notes; and (5) In the last 12 months.
Contact: Ivani Benazzi de Andrade
+011-55-11-2194-0924, ivani.andrade@bradesco.com.br or Carlos Tsuyoshi Yamashita, +011-55-11-2194-0920,
carlos.yamashita@bradesco.com.br, both of Banco Bradesco
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SOURCE Banco Bradesco S.A.