Banco Bradesco Files 6-K with Business Updates

TL;DR

Bradesco dropped its 6-K, giving the lowdown on its biz for 2023.

AI Summary

Banco Bradesco S.A. filed a Form 6-K on May 31, 2024, reporting on its activities for the period ending December 31, 2023. The filing details the company's history, main activities, operating segments, and products/services. It is a report from a foreign private issuer based in Brazil.

Why It Matters

This filing provides investors with updated information on Banco Bradesco's operations and business segments, crucial for understanding the bank's performance and strategic direction.

Risk Assessment

Risk Level: low — This is a routine filing providing business updates and does not contain significant new financial risks.

Key Players & Entities

• Banco Bradesco S.A. (company) — Registrant
• 0001292814-24-002267 (other) — Accession Number
• 20231231 (date) — Conformed Period of Report
• 20240531 (date) — Filing Date
• Cidade de Deus, s/n, Vila Yara 06029-900 - Osasco - SP (address) — Principal executive office

FAQ

Filing Documents

• bbd20240524_6k.htm (6-K) — 4246KB
• bbd202405246k_001.jpg (GRAPHIC) — 68KB
• bbd202405246k_002.jpg (GRAPHIC) — 1KB
• bbd202405246k_003.jpg (GRAPHIC) — 79KB
• bbd202405246k_004.jpg (GRAPHIC) — 43KB
• bbd202405246k_005.jpg (GRAPHIC) — 31KB
• 0001292814-24-002267.txt ( ) — 4552KB

From the Filing

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of May, 2024 Commission File Number 1-15250 BANCO BRADESCO S.A. (Exact name of registrant as specified in its charter) BANK BRADESCO (Translation of Registrant's name into English) Cidade de Deus, s/n, Vila Yara 06029-900 - Osasco - SP Federative Republic of Brazil (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F ___X___ Form 40-F _______ Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes _______ No ___X____ . SUMMARY 1. Issuer’s activities 6 1.1 – Briefly describe the issuer's history 6 1.2 – Briefly describe the main activities developed by the issuer and its subsidiaries 7 1.3 – Information on operating segments 7 1.4 – Information on products and services relating to the operational segments disclosed in item 1.3 11 1.5 – Clients responsible for more than 10% of the total net revenue 37 1.6 – Relevant effects of the state regulation of activities 37 1.7 – Countries from which the issuer generates significant revenue 68 1.8 – Foreign countries disclosed in item 1.7, describing relevant impacts arising from the regulation of these countries on the issuer's business 68 1.9 – Environmental, social and corporate governance (ESG) information, indicate: 68 1.10 – Specific information of mixed economy companies 69 1.11 – Indicate the acquisition or disposal of any relevant asset that is not classified as a normal operation in the issuer's business 70 1.12 – Indicate merger, division, incorporation, equity incorporation, capital increase or reduction involving the issuer and documents in which more detailed information can be found 70 1.13 – Indicate the firming, extinction or modification of shareholders’ agreements and the documents in which more detailed information can be found 70 1.14 – Indicate significant changes in the way of conducting the issuer's business 71 1.15 – Indicate significant contracts not directly related to operating activities entered into by the issuer or by its subsidiaries 71 1.16 – Other relevant information 71 2. Officers’ notes 72 2.1 – General Financial and Equity Conditions 72 2.2 – Financial and operating income 91 2.3 – Officers must comment on changes in accounting practices 93 2.4 – Events with significant effects (occurred and expected) on financial statements 94 2.5 – If the issuer has disclosed, during the last fiscal year, or wishes to disclose in this form non-accounting measurements, such as EBITDA (earnings before interest, tax, depreciation and amortization) or EBT (earnings before interest and tax), the issuer must inform: 95 2.6 – Subsequent events to the latest financial statements 95 2.7 – Officers must comment on the destination of the corporate income 96 2.8 – Relevant Items not evidenced in the financial statements 98 2.9 – Comments on other items not evidenced in the financial statements 99 2.10 – Business plan 100 2.11 – Other factors with relevant influence 101 3. Projections 102 3.1 – Disclosed projections and assumptions 102 3.2 – Monitoring and changes to the disclosed projections 104 4. Risk factors 106 4.1 – Description of risk factors in descending order of relevance 106 4.2 – Indicate the five (5) main risk factors, among those listed in field 4.1, regardless of the category in which they are inserted 122 4.3 – Describe, quantitatively and qualitatively, the main market risks to which the issuer is exposed, including in relation to exchange rate risks and interest rates 122 4.4 – Judicial, administrative or arbitral proceedings in which the issuer or its subsidiaries are a part of, discriminating between labor, tax, civil, environmental and others 127 4.5 – Indicate the total provisioned value, if any, of the processes described in item 4.4 139 4.6 – Relevant sensitive processes in which the issuer or its subsidiaries are a part of, and which have not been disclosed in item 4.4, analyze the impact in case of loss and inform the values involved 139 4.7 – Describe other relevant contingencies not covered by the previous items 139 5. Risk management policy and internal controls 140 5.1 – Risks indicated in items 4.1 and 4.3 140 5.2 – Controls adopted by the issue

View Full Filing

View this 6-K filing on SEC EDGAR