Company: BBD
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001292814-25-001244
Chunk: 223

Company: BANK BRADESCO
Filing Date: 2025-03-31
Form: 20-F
Item: Item 5
Chunk 223
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 of the period                                                                53,661,810     59,213,997     (9.4)%
Expected credit loss for loans and advances (1) (2)                                                   36,478,522     34,849,384       4.7%
Loan write-offs                                                                                     (38,577,415)   (40,401,571)     (4.5)%
Expected credit losses for loans and advances at the end of the year                                  51,562,917     53,661,810     (3.9)%
Ratio of expected credit losses for loans and advances to average loans and advances to customers           5.5%           5.5%           
 (1) It includes expected losses on loan commitments and financial guarantees provided; and
 (2) Represents the net increase in ECL due to originations and provision constitutions / (reversions). Does not include the Revenue from credit recovery in the amount of R$9,842 million in 2024 (R$4,673 million in 2023) that is presented as part of the Expected Loss on Loans and Advances in our Statement of Income.
 We recorded a provision for expected losses on loans and advances to customers of R$51,563 million as of December 31, 2024, reaching a coverage ratio of loans over 90 days past due of 180.1% as of December 31, 2024 (164.6% as of December 31, 2023), and a coverage ratio of loans over 60 days past due of 152.6% as of December 31, 2024 (140.3% as of December 31, 2023). We calculate our coverage ratio of loans over 60 days and 90 days past due by dividing the total balance of expected credit losses for loans and advances to customers by the balance of loans and advances to customers more than 60 days overdue and more than 90 days overdue, respectively.
 Our credit losses, net of recoveries, reached 4.3% of the average balance of loans and advances to customers in 2024 (compared to 5.6% in 2023). For further information about our credit losses, net of recoveries, see “Item 4.B. Business Overview – 4.B.100 Selected Statistical Information – 4.B.100.06 Expected credit losses on loans and advances”.
 Our portfolio of loans and advances to customers increased by