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Banco Bradesco - 2012 Results



                        Banco Bradesco - 2012 Results

  PR Newswire

  SAO PAULO, Jan. 28, 2013

SAO PAULO, Jan. 28, 2013 /PRNewswire/ -- The main figures of Bradesco
(BM&FBovespa: BBDC3; BBDC4), (NYSE: BBD) in 2012 are presented below:

1. Adjusted Net Income(1) in 2012 stood at R$11.523 billion (a 2.9% increase
compared to the R$11.198 billion recorded in the same period last year),
corresponding to earnings per share of R$3.02 and Return on Average
Shareholders' Equity(2) of 19.2%.

2. Adjusted Net Income is composed of R$7.936 billion from financial
activities, representing 68.9% of the total, and R$3.587 billion from
insurance, pension plan and capitalization bond operations, which accounted
for 31.1%.

3. On December 31, 2012, Bradesco's market capitalization stood at R$131.908
billion(3), up 23.3% over 2011.

4. Total Assets stood at R$879.092 billion in December 2012, a 15.4% increase
over 2011. Return on Total Average Assets was 1.4%.

5. The Expanded Loan Portfolio(4) stood at R$385.529 billion in December 2012,
up 11.5% during the same period in 2011. Operations with individuals totaled
R$117.540 billion (up 8.2% from December 2011), while operations with
companies totaled R$267,989 billion (up 13.1% from December 2011).

6. Assets under Management stood at R$1.225 trillion, varying 20.1% from
December 2011.

7. Shareholders' Equity stood at R$70.047 billion in December 2012, up 26.0%
from December 2011. Capital Adequacy Ratio stood at 16.1% in December 2012,
11.0% of which fell under Tier I Capital.

8. Interest on Shareholders' Equity and Dividends were paid and recorded in
provision to shareholders at the amount of R$3.895 billion from 2012 profit,
of which R$1.574 billion was paid as monthly and interim dividends and R$2.321
billion was recorded in provision.

9. Financial Margin stood at R$43.793 billion, up 11.4% in comparison with
2011.

10. The Delinquency Ratio over 90 days stood at 4.1% on December 31, 2012
(3.9% on December 31, 2011).

11. The Efficiency Ratio(5) improved by 1.5 p.p. (from 43.0% in December 2011
to 41.5% in December 2012), whereas the "adjusted-to-risk" ratio stood at
52.7% (53.0% in December 2011).

12. Insurance Written Premiums, Pension Plan Contributions and Capitalization
Bond Income totaled R$44.308 billion in 2012, up 17.7% over 2011. Technical
Reserves stood at R$124.217 billion, up 19.8% from December 2011.

13. Investments in infrastructure, information technology and
telecommunications amounted to R$4.408 billion in 2012.

14. Taxes and contributions, including social security, paid or recorded in
provision, amounted to R$22.401 billion, of which R$9.645 billion referred to
taxes withheld and collected from third parties and R$12.756 billion from
Bradesco Organization activities, equivalent to 110.7% of Adjusted Net Income
(1).

15. Bradesco has an extensive customer service network in Brazil, comprising
8,467 Service Points, with 4,686 branches and 3,781 Service Branches - PAs.
Customers can also use 1,456 PAEs - ATMs (Automatic Teller Machines) in
companies, 43,053 Bradesco Expresso service points, 34,859 Bradesco Dia &
Noite ATMs and 12,975 Banco24Horas ATMs.

16. Payroll, plus charges and benefits, totaled R$10.373 billion. Social
benefits provided to the 103,385 employees of the Bradesco Organization and
their dependents amounted to R$2.523 billion, while investments in training
and development programs totaled R$132.596 million.

17. On November 14, Bradesco common shares were selected to compose the MSCI
Brazil Index, based on which several investment decisions are made, as of
December 2012.

18. On November 30, Bradesco was once again included in the BM&FBOVESPA's
Corporate Sustainability Index (ISE), reflecting the returns of a grouping
composed of the shares of companies characterized by the best performances in
all of the dimensions measuring corporate sustainability.

19. Bradesco is the first and only Brazilian bank authorized by the Central
Bank to use its own internally-developed market risk management models to
calculate regulatory capital as of January 2013.

20. Major Awards and Acknowledgments in the period:

  * Bradesco stood out with the best market value x shareholders' equity ratio
    at the end of 2012 among the publicly-held banks in Latin America and
    United States ( Economatica );
  * Bradesco was elected the best Bank in Brazil and Latin America ( Latin
    Finance );
  * Bradesco was considered the best Brazilian Bank in the 2012 The Bank
    Awards edition ( The Banker magazine);
  * Bradesco was considered the largest Brazilian private group by Valor
    Grandes Grupos ranking, which lists the 200 largest groups operating in
    the country. It also placed first among the 20 largest financial
    institutions ranking ( Valor Economico and Valor Data newspapers);
  * Bradesco was highlighted in the Best at People Management survey in the
    special publication Valor Carreira ( Valor Economico newspaper, with
    technical support of Aon Hewitt; and
  * The Folha Top of Mind award was granted to Bradesco and Bradesco Seguros
    (the latter for the 11th consecutive year) in Top Finances and Insurance
    categories, respectively ( Folha de S.Paulo newspaper).

21. With regards to sustainability, Bradesco divides its actions into three
pillars: (i) Sustainable Finances, focused on banking inclusion, social and
environmental variables for loan approvals and product offerings; (ii)
Responsible Management, focused on valuing professionals, improving the
workplace and adopting eco-efficient practices; and (iii) Social and
Environmental Investments, focused on education, the environment, culture and
sports. In this area, we point out Fundacao Bradesco, which has a 56-year
history of extensive social and educational work, with 40 schools in Brazil.
In 2012, it benefited 111,512 students in its schools, in Basic Education
(from Kindergarten to High School and Vocational Training - High School
Level), Education for Youth and Adults; and Preliminary and Continuing
Qualification focused on the creation of jobs and generation of income. The
nearly 47 thousand students in Basic Education are guaranteed free, quality
education, uniforms, school supplies, meals and medical and dental assistance.
Fundacao Bradesco also aided another 365,430 students through its distance
learning programs, found at its e-learning portal "Virtual School." These
students completed at least one of the many courses offered by the Virtual
School. Furthermore, another 118,595 people benefited from projects and
actions in partnerships with Digital Inclusion Centers (CIDs), the Educa+Acao
Program and Technology courses ( Educar e Aprender – Educate and Learn). To
meet its social commitments, Fundacao Bradesco invested R$374.213 million in
2012 in its educational activities. A R$460.961 million investment is expected
for 2013.

(1) According to non-recurring events described on page 8 of this Report on
Economic and Financial Analysis; (2) Excludes mark-to-market effect of
available-for-sale securities recorded under Shareholders' Equity; (3)
R$134.257 billion considering the closing price of preferred shares (most
traded share); (4) Includes sureties and guarantees, letters of credit,
advances of credit card receivables, co-obligations in loan assignments
(receivables-backed investment funds and mortgage-backed receivables),
co-obligations in rural loan assignments, and operations bearing credit risk –
commercial portfolio, which includes debentures and promissory notes; and (5)
In the last 12 months.

CONTACT:Mrs. Ivani Benazzi de AndradePhone: +011-55-11-2178-6218e-mail:
4823.ivani@bradesco.com.br

or Mr. Carlos Tsuyoshi YamashitaPhone: +011-55-11-2178-6204e-mail:
4823.carlos@bradesco.com.br
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