SAO PAULO, Nov. 1, 2017 /PRNewswire/ -- The main figures
reported by Bradesco in the first nine months of 2017, considering
the consolidation, from July 1, 2016,
of HSBC Bank Brasil S.A. and its subsidiaries (HSBC Brasil):
1. Adjusted Net Income for the first nine months of 2017 stood
at R$14.162 billion (a 11.2% increase
compared to the Adjusted Net Income of R$12.736 billion recorded in the same period of
2016), corresponding to earnings per share of R$3.05 and return on Average Adjusted
Shareholders' Equity of 18.1%.
2. As for the source, the Adjusted Net Income is composed of
R$10.035 billion from financial
activities, representing 70.9% of the total, and of R$4.127 billion from insurance, pension plans and
capitalization bond operations, which together account for
29.1%.
3. On September 30, 2017,
Bradesco's market capitalization stood at R$208.250 billion, showing a growth of 29.8% over
September 2016.
4. Total Assets, in September
2017, stood at R$1.312
trillion, an increase of 3.3% over September 2016. The return on Average Total
Assets was 1.5%.
5. In September 2017, the Expanded
Loan Portfolio reached R$486.864
billion, a 6.7% decrease over September 2016. Operations with individuals
totaled R$172.207 billion (an
increase of 0.7% over September
2016), while operations with companies totaled R$314.657 billion (a 10.3% decrease over
September 2016).
6. Assets under Management stood at R$1.992 trillion, a 6.8% increase over
September 2016.
7. Shareholders' Equity totaled R$110.301
billion in September 2017,
11.9% higher than in September 2016.
The Basel III Ratio, based on the Prudential Conglomerate stood at
17.7%, 13.4% of which is Tier I Capital.
8. A total of R$4.597 billion was
paid and provisioned to shareholders as Interest on Shareholders'
Equity for the profit generated in the first nine months of 2017,
R$2.054 billion of which was paid in
monthly and interim installments, and R$2.543 billion was provisioned.
9. The Interest-Earning Portion of the NII totaled R$47.114 billion in the first nine months of
2017, showing a growth of 1.7% in relation to the same period of
first nine months of 2016.
10. The 90-day Delinquency Ratio stood at 4.8% in the end of
September 2017, a decrease of 0.2
p.p. compared to June 2017.
11. The Efficiency Ratio (ER), excluding the effect of
impairment of financial assets, in September
2017 was 40.7% (38.2% in September
2016), while the "risk-adjusted" efficiency ratio stood at
53.2% (49.9% in September 2016).
12. Insurance Written Premiums, Pension Plan Contributions and
Capitalization Bond Income totaled R$55.097
billion in the first nine months of 2017, up 9.8% when
compared with the same period of 2016. Technical provisions stood
at R$239.287 billion, an increase of
12.0% compared with the balance in September
2016.
13. Investments in infrastructure, information technology and
telecommunications amounted to R$4.215
billion in the first nine months of 2017.
14. Taxes and contributions paid or recorded in provision,
including social security, totaled R$26.496
billion in the first nine months of 2017, of which
R$10.942 billion was related to taxes
withheld and collected from third parties, and R$15.554 billion, was calculated based on
activities developed by the Bradesco Organization, equivalent to
109.8% of the Adjusted Net Income.
15. Bradesco has an extensive Customer Service Network in
Brazil, with 4,845 Branches and
3,908 Customer Service Points (PAs). The following are also
available to Bradesco customers: 980 ATMs located on company
premises (PAEs), 39,062 Bradesco Expresso customer service points,
35,854 Bradesco ATMs, and 21,006 Banco24Horas Network ATMs.
16. In July 2017, Bradesco
launched a Special Voluntary Severance Program Scheme (PDVE), in
which the Organization's employees who fulfilled the requirements
established in the regulations of the respective plan may join. The
deadline for joining the plan ended in late August 2017, with the adhesion of 7.4 thousand
employees, and a total cost of R$2.3
billion. The estimated annual effect on personnel expenses
is a reduction of R$1.5 billion.
17. Payroll, plus charges and benefits totaled R$12.700 billion in the first nine months of
2017. Social benefits provided to employees of the Bradesco
Organization and their dependents amounted to R$3.480 billion, while investments in education,
training and development programs totaled R$127.693 million.
18. Major Awards and Acknowledgments in the period:
- Winner of the "Empresas Mais" award, in the "Banks" category
(O Estado de S. Paulo newspaper, in partnership with
Fundação Instituto de Administração - FIA and Austin Rating);
- Winner in the "As Melhores da Dinheiro 2017" guide, in the
category "Corporate Governance". Bradesco Vida e Previdência won
Best Company in the sector and was also featured in the "Financial
Sustainability" and "Innovation and Quality" categories (IstoÉ
Dinheiro magazine);
- Was featured at the "Tech Projects of the Year Awards 2017",
winning in the "Cyber Security" category, with the case "Using Big
Data Technology to Prevent Attacks Against ATM", which shows the
use of Big Data to identify, in real time, possible attacks on ATMs
(The Banker magazine);
- Was featured at the 2017 edition of the "Conarec – National
Congress of Company-Customer Relations" awards, in the "Banks"
category. The Grupo Bradesco Seguros won the award in the
categories: "Insurance", "Health", "Pension Plans" and
"Capitalization Bonds";
- Was included on the list of "150 Best Companies to Work in
Brazil" (Época magazine,
with the evaluation of the Great Place To Work consulting
firm);
- Bradesco BBI won the triple crown and became the only Brazilian
bank to win three of the sector's top international awards two
years in a row, namely: "The Most Innovative Investment Bank in
Latin America", by The Banker
magazine; and "The Best Investment Bank Brazil", by Global Finance
and Euromoney;
- The Grupo Bradesco Seguros, for the eighth year in a row, was
listed in the "Melhores & Maiores" yearbook, a major
highlight in the insurance sector, with "Bradesco Saúde", "Bradesco
Vida e Previdência", and "Bradesco Auto/RE" (Exame
magazine); and
- Bradesco Seguros was included in the "Valor 1000"
yearbook, leading the insurance sector in Brazil. "Bradesco Seguros" and "Bradesco
Saúde" placed first in the categories "General Insurance" (includes
Auto) and "Health Insurance", respectively (Valor Econômico
newspaper).
Bradesco Organization is fully committed to the socioeconomic
development of the country. We set our business guidelines and
strategies with a view of incorporating the best 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 position, we emphasized adherence to
globally recognized business initiatives, such as: Global Compact,
Sustainable Development Goals (SDG), Equator Principles, CDP
(Carbon Disclosure Program), Principles for Responsible Investment
(PRI), GHG Protocol Program (Brazilian Greenhouse Gas Emissions
Program) and Companies for Climate Change (EPC). The Board of
Directors, through the Sustainability Committee, monitors the
sustainability deliberations. Excellence in business management is
recognized by the main indexes of Sustainability, such as the Dow
Jones Sustainability Index (DJSI) – "World and Emerging Markets",
of the New York Stock Exchange, the Corporate Sustainability Index
(ISE), and the Carbon Efficient Index (ICO2), both from B3.
With a broad social and educational program put in place 60
years ago, Fundação Bradesco operates 40 schools across
Brazil. In 2017, a budget of
R$625.944 million will benefit an
estimated number of 104.2 thousand 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 continued vocational
training, focused on creating jobs and income. In addition to the
guarantee of free, quality education, the students enrolled in the
Basic Education system, numbering over 43 thousand, also receive
uniforms, school supplies, meals, and medical and dental
assistance. Fundação also expects to benefit 630 thousand students
via distance learning (EaD), through its e-Learning portal "Escola
Virtual" (Virtual School), where students can complete one out of
more than 90 courses offered in its schedule. Another 15,040
students are taking part in projects and actions in partnership
with the Program Educa+Ação and in Technology courses.
CONTACT:
Investor Relations team
+011-55-11-2194-0922
investors@bradesco.com.br