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Bradesco announced Thursday (31) net book income of $ 5.08 billion in the fourth quarter of 2018, up 1.4% from the previous three months.
The bank's profit already reached 19 085 billion rand, which represents a growth of 30.19% compared to 2017 (14 659 billion rand).
Recurring net income (excluding special effects) was R $ 5.83 billion in the fourth quarter (up 6.6%) to reach R $ 21.564 billion in 2018 (up 19.9% increase). ).
Latest results from Bradesco
in R $ billions
Source: Economatica
Return on equity, an indicator of bank profitability, reached 19.7% in the fourth quarter.
Bradesco's expanded loan portfolio reached 531.6 billion rubles in December, up 7.8% year-on-year, led by retail sales, which rose 11% year-on-year.
The 90-day delinquency index was 3.51%, compared to 3.63% in September and 4.7% at the end of 2017.
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