Bradesco(US:BBD)2021-08-05 16:50Financial Performance - Recurring Net Income reached R$6319 million in 2Q21, a 632% increase compared to 2Q20[12] - Accumulated ROAE was 141%[8] - The Operating Efficiency Ratio (ER) for the accumulated 12 months was 457%[8] - Total Revenues increased by 59% from 1H19 to 1H21, reaching R$71030 million[14] - Total Expenses decreased by 73% from 1H19 to 1H21, amounting to R$22194 million[14] Loan Portfolio & Credit Risk - Expanded Loan Portfolio totaled R$726453 billion, with a 30% increase quarter-over-quarter and a 99% increase year-over-year[8, 25] - Loans to Companies accounted for 607% of the total expanded loan portfolio in Jun/21, with Large Corporates comprising 403% and Micro, Small and Medium-Sized Enterprises 204%[25] - Loans to Individuals represented 393% of the total expanded loan portfolio in Jun/21[25] - The bank's Allowance For Loan Losses (ALL) exhibited a coverage ratio of 117% over 90 days + renegotiated[31] Digitalization & Customer Base - Digital Clients increased by 14% from Jun-19 to Jun-20 and by 13% from Jun-20 to Jun-21, reaching 225 million[95] - Mobile Financial Transactions saw a significant increase, with 5996 million in 1H21[95] - Total Clients Organization reached 712 million in 2Q21[57]