Business Context and Reporting Period
This Form 6-K filing by Banco Bradesco S.A. covers the month of January 2020. The report is a consolidated disclosure of transactions involving securities and derivatives by the company's administration, family dependents, and various controlled or related entities, in compliance with Instruction CVM No. 358/2002, Paragraph 11.
Key Financial Metrics and Shareholdings
The filing does not contain consolidated financial statements, revenue, profit, or cash flow data. It focuses exclusively on equity holdings and specific trading activities.
- Group and Family Dependents: Held 2,863,698,306 Common Shares (35.51% total participation) and 90,959,509 Non-Voting Shares (1.13% total participation). No trading activity occurred in January 2020.
- Board of Directors: Held 22,035,273 Common Shares and 40,381,427 Non-Voting Shares. No trading activity occurred.
- Treasury: Held 6,642,963 Common Shares and 24,889,584 Non-Voting Shares. No trading activity occurred.
- Controlled/Related Entities: The vast majority of listed subsidiaries and related companies (e.g., Bradesco Leasing, Cielo, Bradesco Seguros) reported zero holdings and zero trading activity for the period.
Material Changes and Trading Activity
The only material trading activity reported in the filing occurred within the Board of Executive Officers category.
- Activity: Multiple sales of Non-Voting Shares were executed between January 2 and January 13, 2020.
- Total Volume: 46,176 Non-Voting Shares sold.
- Total Value: R$ 1,715,472.77.
- Price Range: Shares were sold at prices ranging from approximately R$ 34.76 to R$ 37.49.
- Balance Change: The closing balance for Non-Voting Shares held by the Board of Executive Officers decreased from 1,503,326 to 1,432,058.
- Personnel Change: The filing notes that Frederico William Wolf left the Board of Executive Officers during the period.
Guidance, Outlook, and Risks
The filing contains a standard Forward-Looking Statements disclaimer. It states that any non-historical statements regarding future economic circumstances, industry conditions, or company performance are based on management's current views and estimates. These statements are subject to risks and uncertainties, including general economic and market conditions, and there is no guarantee that expected results will occur.
Key Facts for Investor Verification
- Verify the specific identity of the Executive Officers who executed the sales of 46,176 Non-Voting Shares totaling R$ 1.7 million in January 2020.
- Confirm the departure of Frederico William Wolf from the Board of Executive Officers and any potential impact on governance.
- Note that the controlling Group and Family Dependents did not trade any shares in January 2020, maintaining a stable ownership position of approximately 35.5%.
- Understand that this filing is a regulatory disclosure of insider/related-party trading and does not provide operational or financial performance metrics for the bank.