Banco Bradesco 2013 Results

                         Banco Bradesco 2013 Results    PR Newswire    SAO PAULO, Jan. 30, 2014  SAO PAULO, Jan. 30, 2014 /PRNewswire/ -- The main figures obtained by Bradesco (NYSE: BBD, BBDO; Latibex: XBBDC; BM&FBOVESPA: BBDC3, BBDC4) in 2013 are presented below:  1.Adjusted Net Income ^(1) for 2013 stood at R$12.202 billion (a 5.9%     increase compared to the R$11.523 billion recorded in the same period last     year), corresponding to earnings per share of R$2.91 and Return on Average     Adjusted Shareholders' Equity ^(2) of 18.0%. 2.Adjusted Net Income is composed of R$8.462 billion from financial     activities, representing 69.3% of the total, and R$3.740 billion from     insurance, pension plan and capitalization bond operations, which     accounted for 30.7%. 3.On December 31, 2013, Bradesco's market capitalization stood at R$128.085     billion ^(3) . As of May 2013, Bradesco common shares compose the Ibovespa     index. 4.Total Assets stood at R$908.139 billion in December 2013, a 3.3% increase     over the same period in 2012. Return on Total Average Assets was 1.4%. 5.The Expanded Loan Portfolio ^(4) stood at R$427.273 billion in December     2013, up 10.8% during the same period in 2012. Operations with individuals     totaled R$130.750 billion (up 11.2% on December 2012), while operations     with companies totaled R$296.523 billion (up 10.6% on December 2012). 6.Assets under Management stood at R$1.260 trillion, a 2.8% increase from     December 2012. 7.Shareholders' Equity stood at R$70.940 billion in December 2013, up 1.3%     on December 2012. Capital Adequacy Ratio (Basel III) stood at 16.6% in     December 2013, 12.3% of which fell under Tier I Capital. 8.Interest on Shareholders' Equity and Dividends were paid and recorded in     provision to shareholders totaling R$4.078 billion on income for 2013,     R$1.803 billion of which was paid as monthly and interim interest and     R$2.275 billion was recorded in provision. 9.Interest Financial Margin stood at R$42.686 billion, up 1.6% in comparison     with 2012. 10.The Delinquency Ratio over 90 days dropped 0.6 p.p. in the last 12 months     and stood at 3.5% on December 31, 2013 (4.1% on December 31, 2012). 11.The Efficiency Ratio ^(5) in December 2013 stood at 42.1% (41.5% in     December 2012), whereas the "adjusted to risk" ratio stood at 52.1%,     (52.7% in December 2012). 12.Insurance Written Premiums, Pension Plan Contributions and Capitalization     Bond Income totaled R$49.752 billion in 2013, up 12.3% over 2012.     Technical Reserves stood at R$136.229 billion, up 9.7% on December 2012. 13.Investments in infrastructure, information technology and     telecommunications amounted to R$4.842 billion in 2013, up 9.8% over the     same period last year. 14.Taxes and contributions, including social security, paid or recorded in     provision, amounted to R$21.758 billion, of which R$9.902 billion referred     to taxes withheld and collected from third parties and R$11.856 billion     from Bradesco Organization activities, equivalent to 97.2% of Adjusted Net     Income ^(1) . 15.Bradesco has an extensive customer service network in Brazil, with 4,674     Branches and 3,586 Service Branches - PAs. Customers can also use 1,180     PAEs – ATMs (Automatic Teller Machines) in companies, 46,851 Bradesco     Expresso service points, 33,464 Bradesco Dia & Noite ATMs and 14,739     Banco24Horas ATMs. 16.Payroll, plus charges and benefits, totaled R$11.013 billion. Social     benefits provided to the 100,489 employees of the Bradesco Organization     and their dependents amounted to R$2.702 billion, while investments in     training and development programs totaled R$126.836 million. 17.For the ninth consecutive year, Bradesco was selected to compose the     Corporate Sustainability Index (ISE) of BM&FBovespa – Securities,     Commodities and Futures Exchange, which reflects the returns of a share     portfolio comprising those companies with the best performance in all     aspects of corporate sustainability. 18.Major Awards and Acknowledgments in the period:    *- Bradesco was considered the best bank in Latin America, ranking first     among the 25 best banks in Latin America ( AmericaEconomia magazine);   *- Bradesco was considered the largest private group in Brazil according to     the Valor Grandes Grupos ranking, which ranks the country's 200 largest     groups ( Valor Economico newspaper);   *- Bradesco was recognized as the best Bank in Brazil (Best Developed and     Emerging Markets Banks 2013 – Global Finance Magazine);   *- Bradesco was considered the best bank in the 8th Best Companies for     Shareholders Award ( Capital Aberto magazine / Stern Stewart do Brasil     Advisory Services);   *- Bradesco was leader of the Top MVP ranking as the company that most     produces value from interaction with its stakeholders (Dom Strategy     Partners Advisory Services);   *- Winner of the Value Creation Award, promoted by Abrasca, aiming at     stimulating good corporate governance practices;   *- Winner of the first edition (2013) of the Top Case Award, in the Top     Case Highlight category ( Case Studies – Insight Communication magazine);   *- Bradesco was considered the best bank in people management, according to     The Best in People Management survey ( Valor Carreira / Valor Economico     newspaper, with technical support of Aon Hewitt); and   *- Grupo Bradesco Seguros was granted the Most Admired Companies in Brazil     Award in the Corporate Healthcare Plan and Social Security categories (     Carta Capital magazine).  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 57-year history of extensive social and educational work, with 40 schools in Brazil. In 2013, a budget of R$456.966 million benefited 101,781 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.  (1) According to non-recurring events described on page 9 of this Report on Economic and Financial Analysis; (2) Excludes mark-to-market effect of available-for-sale securities recorded under Shareholders' Equity; (3) Number of shares (excluding treasury shares) x closing price for common and preferred shares on the last trading day of the period; (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: Ivani Benazzi de Andrade +011-55-11-2178-6218, or Carlos Tsuyoshi Yamashita, +011-55-11-2178-6204, both of Banco Bradesco.