Company: BBD
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001292814-25-001244
Chunk: 393

Company: BANK BRADESCO
Filing Date: 2025-03-31
Form: 20-F
Item: Item 19
Chunk 393
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Our operations are substantially conducted
in Brazil. Additionally, we have one branch in New York, one branch in Grand Cayman, and one branch in London, mainly to complement our
banking services and assist in import and export operations for Brazilian customers. Moreover, we also have subsidiaries abroad, namely:
Banco Bradesco Europa S. A. (Luxembourg), Bradesco Securities, Inc. (New York), Bradesco Securities UK Limited (London), Cidade Capital
Markets Ltd. (Grand Cayman), Bradesco Securities Hong Kong Limited (Hong Kong), Bradesco Trade Services Limited (Hong Kong), Bradescard
Mexico, Sociedad de Responsabilidad Limitada (Mexico) and Bradesco Bank.

No revenue from transactions with a single
customers or counterparty represented 10% of the Company’s revenue in the year ended on 2024 and 2023.

All transactions between operating segments
are conducted on an arm’s length basis, with intra-segment revenue and costs being eliminated in “ Other operations, adjustments
and eliminations”. Income and expenses directly associated with each segment are included in determining business-segment performance.

  Schedule of operating segments                                                                                                                                                                                                                                                                                              
                                                                            On December 31, 2024 - R$ thousands                                                                                                                                                                                                               
                                                                                                        Banking      Insurance, pension and capitalization bonds      Other Activities      Managerial Income Statement      Proportionately consolidated (1)      Adjustments (3)      Consolidated in accordance with IFRS  
  Revenue from financial intermediation                                                             169,745,125                                       37,327,260               318,644                      206,982,405                          ( 1,550,303)           10,746,673                               213,219,736  
  Expenses from financial intermediation (4)                                                      ( 98,810,413)                                    ( 30,050,169)                     -                   ( 128,448,544)                               607,296        ( 21,927,944)                            ( 144,279,153)  
  Financial margin                                                                                   70,934,712                                        7,277,091               318,644                       78,533,861                            ( 943,007)        ( 11,181,271)                                68,940,583  
  Expected credit loss associated with credit risk                                                ( 33,123,621)                                                -                     -                    ( 33,123,621)                                     -            5