After ending 2025 with a significant increase, Bradesco aims even higher, said the bank’s CEO, Marcelo Noronha, in an interview with CNN Money this Friday (6).
“This is our expectation, with a lot of delivery, growth in the credit portfolio in all lines, growth in funding, growth in practically 100% of the revenue lines that we have from service provision, gross and net financial margin, insurance group and other related companies as well, delivering good results”, listed the executive.
Credit scenario in Brazil
Noronha highlighted the quality of the bank’s credit portfolios, highlighting the solidity and sustainability of Bradesco’s relationship with its creditors.
In its forecasts for 2026, published together with the balance sheet, the bank highlighted an estimated growth of 8.5% to 10.5% in the expanded credit portfolio.
“We are showing very solid indicators, very high quality of portfolio, with a collateralized portfolio, what we call it, with guarantees reaching almost 60% again”, he highlighted.
“There’s not even any discussion here, I think in general, with the analysts I spoke to and with some colleagues from BuySide as well, they all highlighted what we’ve been originating in credit and what the composition of our portfolio is like.”
Based on the bank’s projections on credit growth in Brazil, Noronha states that Bradesco has the potential to grow more than the market average. In a scenario of an upcoming drop in interest rates in March, the CEO reaffirms the institution’s risk appetite.
Payroll loans, INSS (National Social Security Institute) and real estate credit, both for individuals and companies, are some of the bets that Noronha supports.
Balance above expectations
an increase of 20.6% compared to the same period in 2024.
Another factor that Noronha highlighted was the ROE (return on equity), which reached 15.2% in the last three months of 2025, an increase of 2.5 percentage points year on year.
“We are very happy with the result we delivered in 2025, above initial expectations, […] a growth of 26% when we compare the full year of 25 against 24, a really strong fourth quarter that brought an ROE, that is, the return on net equity higher than the cost of capital, which we had indices below, so we overcame it and will go from here onwards”, he highlighted to CNN Money.
“So the return on equity […] It’s a first step, it’s an important delivery in our transformation plan that, remember, we launched less than two years ago […]and then go into granularization and the execution process and see what we are delivering.”
