Banco Bradesco 9-Month Adj. Net Profit Up 4.6% - Quick Facts

(RTTNews) - Banco Bradesco S.A. (BBD), a provider of banking and financial products and services, said its adjusted net income totaled R$9.0 billion for the first nine months of 2013, a 4.6% increase from the R$8.605 billion recorded last year.

The adjusted net income includes R$6.264 billion from financial activities, representing 69.6% of the total, and R$2.739 billion from insurance, pension plan and capitalization bond operations, which accounted for 30.4%, according to the company.

Assets under Management stood at R$1.256 trillion, up 7.2% from September 2012. Total assets reached R$907.694 billion in September 2013, 6.0% higher than the year-ago period, while Return on Total Average Assets was 1.3%.