Bradesco(BBD) - 2025 Q3 - Earnings Call Transcript

Financial Data and Key Metrics Changes - The company reported a year-over-year decrease in margin finance, indicating potential challenges in maintaining profitability [1] - There was a significant decline in demand deposits and saving deposits, raising concerns about the company's funding structure [7] Business Line Data and Key Metrics Changes - The company is experiencing growth in certain segments, particularly in secured lines, while other segments are not growing as expected [9] - The management is considering increasing risk appetite in segments where growth has been stagnant [9] Market Data and Key Metrics Changes - The company’s market share in loans has remained relatively stable, with a target to increase from 14% to potentially 19% [9] - The management is evaluating the importance of market share in relation to profitability, suggesting a potential shift in focus towards more profitable segments [9] Company Strategy and Development Direction - The strategic plan includes a focus on increasing market share in profitable segments while managing risk in less profitable areas [9] - The company is also looking to enhance its operational efficiency and control over asset-liability management [8] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges posed by a reduction in footprint and its impact on deposits [7] - There is a positive outlook on the sustainability of earnings in health insurance, which have doubled compared to last year [7] Other Important Information - The company is actively working on improving its value proposition across different segments [5] - There is an emphasis on digitization and operational efficiency as part of the company's growth strategy [1] Q&A Session Summary Question: Concerns about funding and deposit decline - The management addressed the decline in demand and saving deposits, linking it to the reduction in footprint and discussing current market share [7][8] Question: Growth strategy and market share - The management discussed the importance of increasing market share for profitability and the potential focus on more profitable segments [9]