SAO PAULO, April 25, 2019 /PRNewswire/ -- The main figures
obtained by Bradesco (BM&FBovespa: BBDC3; BBDC4, NYSE:
BBD) are presented below:
1. Recurring Net Income in the 1st quarter recorded
R$6.2 billion, an increase of 7%
compared to the previous quarter and 22.3% compared to the same
quarter of the previous year, representing R$2.83 per share with accrued profitability in
the quarter over Shareholder's Equity of 20.5%.
2. Operating Income in the 1st quarter recorded
R$8.9 billion, an increase of 3.1%
compared to the previous quarter and 15.6% compared to the same
quarter of the previous year.
3. Bradesco Seguros Net Income in the 1st quarter
recorded R$1.8 billion, an increase
of 1.8% compared to the previous quarter and 16.1% compared to the
same quarter of the previous year. Claims Ratio reached 68.5%, an
improvement of 190 bps compared to previous quarter and the
Combined Ratio reached 80.3%, an increase of 50 bps compared to the
previous quarter.
4. Total Assets recorded a balance of R$1.388 trillion in March
2019, a growth of 0.2% compared to the last quarter. Return
on Average Total Assets was 1.8%.
5. Expanded Loan Portfolio in March
2019 reached R$548.3 billion,
an increase of 3.1% quarter-over-quarter and 12.7%
year-over-year.
6. Net Interest Income totaled R$14.1
billion, an increase of 4.2% compared to the previous
quarter and a contraction of 4.7% compared to the same quarter of
the previous year.
7. In the 1st quarter, Delinquency over 90 days
reached 3.3%, an improvement of 20 bps quarter-over-quarter and 110
bps year-over-year, allowing a relevant reduction of 8.4% on Credit
Losses Provision Expenses compared to the same period of the
previous year.
8. Fee and Commission Income expanded 2.4 year over year and
contracted 4.3% compared to the previous quarter.
9. Assets Under Management reached R$2.205 trillion, an increase of 1.1% compared to
the previous quarter and 8.1% compared to the 1st
quarter of 2018.
10. In March 2019 Shareholders'
Equity totaled R$126.674 billion, a
4.6% growth compared to previous quarter and a 11.3% growth
compared to March 2018.
11. Tier I Basel Ratio was 14.4% in March
2019, an increase of 70 bps compared to the previous
quarter.
Earnings Release Conference Call presentation, Report on
Economic and Financial Analysis and Complete Financial Statements
are available on the Investor Relations website -
bradesco.com.br/ir-en.
FURTHER INFORMATION:
Investor Relations Area
Tel.: +55 (11) 2194-0922
e-mail: investors@bradesco.com.br