SAO PAULO, Nov. 1, 2018 /CNW/ -- The main figures obtained by
Bradesco are presented below:
1. Recurring Net Income in the 3rd quarter recorded R$5.471 billion (an increase of
6% compared to the previous quarter and 13.7% compared to the same quarter of the previous year), representing R$3.08 per share with accrued profitability in the year over Shareholder's Equity of 19%.
2. Operating Income in the 3rd quarter recorded R$8.427 billion (an increase of 3.5%
compared to the previous quarter and 24.8% compared to the same quarter of the previous year).
3. As for the source, the Recurring Net Income of the quarter is composed of R$4.01 billion from
financial activities, representing 73.3% of the total, and of R$1.46 billion from insurance,
pension plans and capitalization bonds operations, representing 26.7% of the total.
4. Total Assets, in September 2018, recorded a balance of R$1.356
trillion, a growth of 3.9% compared to the last quarter. The return on Average Total Assets was 1.6%.
5. Expanded Loan Portfolio, in September 2018, reached R$523.431
billion, a growth of 1.6% compared to the previous quarter and 7.5% compared to the same quarter of the previous year.
6. In the 3rd quarter, the Delinquency over 90 days reached 3.6%, a meaningful performance compared to the previous
quarter and 7.5% compared to the same period of the previous year, allowing relevant reduction on Losses of Credits Provision
Expenses: 23.3% compared to the same period of the previous year.
7. Fee and Commission Income decrease 0.6% compared to the 2nd quarter and increase 3.2% compared to the
3rd quarter of 2017, emphasizing the positive performance in almost all lines of business.
8. Personnel Expenses totaled R$5.006 billion in the first half, a increase of 3.6% compared to
the same period of the previous year and Administrative Expenses totaled R$5.093 billion, a slight
increase of 1.3% compared to the 3rd quarter of 2017.
9. Assets under Management totaled R$2.089 trillion, an increase of 4.9% compared to
September 2017.
10. Shareholders' Equity, in September 2018, totaled R$115.670
billion, a growth of 4.9% compared to September 2017.
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
View original content:http://www.prnewswire.com/news-releases/bradesco-results-in-the-3rd-quarter-of-2018-300742436.html
SOURCE Banco Bradesco S.A.
View original content: http://www.newswire.ca/en/releases/archive/November2018/01/c3023.html