Company: BBD
Filing Date: 2025-10-30
Form Type: 6-K
Source: 0001292814-25-003701
Chunk: 25

Company: BANK BRADESCO
Filing Date: 2025-10-30
Form: 6-K
Chunk 25
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 2,601 Sept24 Dec Mar25 June Sept Assets under Custody R$
billion market share(1) Total 18.9% | Auto 22.7% | Real Estate 12.1% | Trucks, Tractors and Agricultural implements 16.2% Bradesco | Economic
and Financial Analysis Report 21 operating expenses The performance of our operating expenses reflects our continuous commitment to our
strategy of improving cost-to-serve efficiency. We maintain the focus on investments in technology, development, infrastructure and strengthening
structures, with the aim of sustaining growth consistently, aiming at efficiency in the long term. We highlight that operating expenses
were influenced by the increase in our stake in Cielo and acquisition of the John Deere Bank, disregarding these effects, the variations
would be 8.4% vs. 3Q24, and 8.0% vs. 9M24. (1) Contemplates Maintenance and Conservation of Assets and Rentals; and (2) Includes Water,
Electricity and Gas, Travels, Materials and Security and Surveillance. administrative expenses The management of administrative expenses
has reflected a continuous commitment to financial discipline and the pursuit for greater operating efficiency. We prioritize the efficient
use of resources, focusing on sustainability of results and building a solid foundation to support business growth. This approach aims
to preserve profitability and ensure competitiveness in a scenario of constant transformation. In the accrued comparison, a reduction
of 4.1% was observed, a direct reflection of the continuous rationalization of costs, highlighting the lower structural expenses, especially
in premisesand transportation, reflecting the adjustment of the footprint. In relation to the quarter, there was an increase of 2.6%,
driven mainly by higher spending on data processing, communication and advertising and marketing, reflecting the investments in technology
and marketing actions. Considering depreciation and amortization, the accrued variation for nine months was 1.5%, reflecting larger investments
in technology and digital infrastructure. These investments aim to promote improvements in the client journey, modernize internal processes,
expand automation and data intensive use, reinforcing the strategic pillars of innovation, efficiency and competitiveness. personnel expenses
The movement in the comparative periods reflects higher expenses with profit sharing, in line with the financial performance / profitability,
in addition to the effect of the collective agreement in September 2025, which readjusted wages and benefits by 5.68% (Sept24: 4.64%).
We have downsized, totaling 490