‘American Effect’ drops Bradesco’s profit in the 4th quarter of 2022, to R$ 1.437 billion

‘American Effect’ drops Bradesco’s profit in the 4th quarter of 2022, to R$ 1.437 billion

[ad_1]

In the same period last year, the bank had reported gains of R$3.170 billion. Bradesco branch in Mangabeira Bradesco/Disclosure Bradesco recorded an accounting net profit of R$1.437 billion in the fourth quarter of 2022, the worst quarterly result in at least seven years, the bank reported this Thursday (9). Compared to the same period last year (R$ 3.170 billion), profit fell 54.7%. The result feels the impact of the accounting scandal reported by Americanas earlier this year. The retailer owes another R$ 4 billion to the bank. “With the recent events involving a specific Large Corporate client, which occurred at the beginning of 2023, Management reassessed the inherent risks and, in a prudent manner, provisioned 100% of the operation, affecting the 4Q22 profit.”, said the bank in a released report. this Thursday. In 2022, the bank recorded a net profit of R$ 20.7 billion, a decrease of 21.1% compared to the previous year. Compared to the previous three months, when it reported net income of R$ 5.211 billion, the drop was 72.4%. The recurring net income (which disregards extraordinary effects) recorded by the bank was R$ 1.595 billion, which represents a drop of 75.9% in the annual comparison (R$ 6.613 billion) and of 69.5% in relation to the third quarter of 2022 (BRL 5.223 billion). Reserve for defaults Due to the Americanas effect, the bank more than tripled its reserves for defaults in the annual comparison. According to a report released this Thursday, the expanded allowance for doubtful debts (PDD) totaled BRL 14.881 billion in the fourth quarter of 2022 – this amount was BRL 4.283 billion in the same period of 2021. Compared to the third quarter (BRL 7.267 billion), the increase was 104.8%. Of the total Expanded Bad Debt, around R$4.9 billion was set aside to cover the default with the retailer. According to the bank, the increase also reflects a “greater default in the mass segment (individuals and companies), given the scenario of inflation and high interest rates”.

[ad_2]

Source link

tiavia tubster.net tamilporan i already know hentai hentaibee.net moral degradation hentai boku wa tomodachi hentai hentai-freak.com fino bloodstone hentai pornvid pornolike.mobi salma hayek hot scene lagaan movie mp3 indianpornmms.net monali thakur hot hindi xvideo erovoyeurism.net xxx sex sunny leone loadmp4 indianteenxxx.net indian sex video free download unbirth henti hentaitale.net luluco hentai bf lokal video afiporn.net salam sex video www.xvideos.com telugu orgymovs.net mariyasex نيك عربية lesexcitant.com كس للبيع افلام رومانسية جنسية arabpornheaven.com افلام سكس عربي ساخن choda chodi image porncorntube.com gujarati full sexy video سكس شيميل جماعى arabicpornmovies.com سكس مصري بنات مع بعض قصص نيك مصرى okunitani.com تحسيس على الطيز