SAO PAULO, Oct. 30, 2014 /PRNewswire/ -- The main figures
obtained by Bradesco (BM&FBovespa: BBDC3; BBDC4), (NYSE: BBD).
in the first three quarters of 2014 are presented below:
- The Adjusted Net Income(1) in the first three quarters of 2014
stood at R$ 11.227 billion (a 24.7%
increase compared to the R$ 9.003
billion Adjusted Net Income recorded in the same period of
2013), corresponding to earnings per share of R$ 3.44, and Return of 20.4% on the Average
Adjusted Shareholder's Equity(2).
- As for the source, the Adjusted Net Income is composed of
R$ 8.057 billion from financial
activities, representing 71.8% of the total, and of R$ 3.170 billion from insurance, pension plan and
capitalization bond operations, which together account for
28.2%.
- On September 30, 2014, Bradesco
market value stood at R$ 146.504
billion(3), showing a growth of 7.6% over September 30, 2013.
- Total Assets, in September 2014,
stood at R$ 987.364 billion, an
increase of 8.8% over September 2013
balance. The return on Average Total Assets was 1.6%.
- In September 2014, the Expanded
Loan Portfolio(4) reached R$ 444.195
billion, up 7.7% over September
2013. Operations with individuals totaled R$ 138.028 billion (increase of 8.6% over
September 2013), while corporate
segment operations totaled R$ 306.167
billion (up 7.2% over September
2013).
- Assets under Management stood at R$
1.385 trillion, a 10.3% increase from September 2013.
- The Shareholders' Equity totaled R$
79.242 billion in September
2014, 18.2% more than in September
2013. The Basel Capital Adequacy Ratio stood at 16.3% in
September 2014, 12.6% of which was
classified as Common Equity/Tier I.
- A total of R$ 3.760 billion were
paid and recorded in provision to shareholders, as Interest on
Equity and Dividends for the first three quarters of 2014,
R$ 1.575 billion of which as paid
monthly and interim dividends, and R$ 2.185
billion recorded in provision.
- The Interest Earning Portion of the Net Interest Income stood
at R$ 35.043 billion, up 10.5%
compared to the first three quarters of 2013.
- The Delinquency Ratio over 90 days remained stable in the last
twelve months, and stood at 3.6% on September 30, 2014.
- The Operating Efficiency Ratio (ER)(5) in September 2014 was 39.9%, the best level ever
recorded (42.1% in September 2013),
while in the "risk-adjusted" concept it stood at 48.7% (52.5% in
September 2013). It is worth
mentioning that, in the third quarter of 2014, we recorded the best
quarterly ER (38.5%) in the past 5 years.
- Insurance Written Premiums, Pension Plan Contributions and
Capitalization Bond Income totaled R$ 38.346
billion in the first three quarters of 2014, up 8.8% over
the same period in 2013. Technical Reserves stood at R$ 145.969 billion, an increase of 9.3% compared
to September 2013 balance.
- Investments in infrastructure, information technology and
telecommunications amounted to R$ 3.471
billion in the first three quarters of 2014.
- Taxes and contributions, including social security, paid or
recorded in provision, summed R$ 18.438
billion, R$ 7.244 billion of
which referred to taxes withheld and collected from third parties,
and R$ 11.194 billion calculated
based on activities developed by Bradesco Organization, equivalent
to 99.7% of the Adjusted Net Income(1).
- Bradesco has a large Customer Service network in Brazil, with highlight to the 4,659 Branches
and 3,497 Service Points – PAs. Customers can also count with 1,159
Electronic Service Points - PAEs, 49,020 Bradesco Expresso points,
31,107 Bradesco Dia & Noite (Day&Night) ATMs, and 16,946
Banco24Horas Network ATMs.
- Payroll, plus charges and benefits, totaled R$ 8.670 billion. Social benefits provided to all
98,849 employees of Bradesco Organization and their dependents
amounted to R$ 2.140 billion, while
investments in education, training and development programs totaled
R$ 93.760 million.
- In July 2014, Bradesco's internal
audit process was awarded the Certificate of Quality by the
Institute of Internal Auditors (IIA), institution present in more
than 130 countries, qualified to rate and grant Certification of
Quality to Internal Audits.
- In September 2014, for the ninth
consecutive year, Bradesco was chosen to join the Dow Jones
Sustainability Index (DJSI), in the "Dow Jones Sustainability World
Index" and "Dow Jones Sustainability Emerging Markets" portfolios,
a short list of the New York Stock Exchange that comprises the top
companies for corporate sustainability practices.
- Major Awards and Acknowledgments in the period:
- It was considered the most valuable Bank brand in Latin America and came 5th in the overall
ranking among all the segments (BrandAnalytics/Millward Brown consultancy);
- Bradesco was granted the title in the category "Banks", and
Bradesco Seguros in the category "Insurances", in the "Anuario
Epoca Negocios 360º", ranking that listed the top 250 companies in
the country (Epoca Negocios Magazine, in partnership with Dom
Cabral Foundation);
- It was granted the "Technology Awards 2014", in the category
"Social Media", with the case "F. Banking Bradesco - Investimentos
e Credito" via Facebook; and
- For the 15th time, it appeared in the annual list of the "130
Melhores Empresas para Trabalhar no Brasil" [130 Top Companies to
Work in Brazil] (Epoca Magazine,
with rating by the Great Place to Work Institute).
The Bradesco Organization fully complies with best global
sustainability and corporate governance practices, particularly:
Global Compact, PRI (Principles for Responsible Investment),
Equator Principles, Carbon Disclosure Project and Green Protocol.
Our sustainability actions, strategies and guidelines are guided by
best corporate governance practices. The Organization's main
activities focus on banking inclusion, social and environmental
variables for loan approvals and product offerings, based on social
and environmental aspects. Regarding responsible management and
engagement with stakeholders, we highlight activities geared
towards valuing professionals, improving the workplace, client
relations, managing suppliers and adopting environmental management
practices. We also highlight the Organization's role in Brazilian
society as one of its leading social investors, supporting
education, environment, culture and athletic programs.
We point out Bradesco Foundation, which has been developing an
extensive social and educational work for 57 years, with 40 schools
in Brazil. Its 2014 budget is
foreseen at R$ 523.434 million, of
which R$ 71.095 million are intended
to expand classrooms for High School restructuring and R$ 452.339 million that will allow it to provide
free quality education: a) 105,672 students in its Schools, in the
following levels: Basic Education (from Kindergarten to High School
and Vocational Training), Youth and Adult Education and in
Preliminary and Continuing Training focused on creating jobs and
income; b) 370,000 students who will complete at least one of the
distance-learning courses (EaD) available on the e-learning portal;
and c) 21,527 beneficiaries in partnership projects and
initiatives, such as the Digital Inclusion Centers (CIDs), the
Educa+Acao Program, and in technology courses (Educar e Aprender).
In addition to free formal and quality education, the approximately
45 thousand students enrolled in Basic Education are also provided
with uniforms, school supplies, food and medical and dental
assistance
(1) According to the non-recurring events described on page 8 of
this Report on Economic and Financial Analysis; (2) Excludes
mark-to-market effect of Securities Available for Sale 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:
Mrs. Ivani Benazzi de Andrade
Phone: +011-55-11-2178-6218
e-mail: 4823.ivani@bradesco.com.br
or Mr. Carlos Tsuyoshi
Yamashita
Phone: +011-55-11-2178-6204
e-mail: 4823.carlos@bradesco.com.br