Business Context and Reporting Period
This Form 6-K filing by Banco Bradesco S.A. (Bank Bradesco) covers the month of November 2004, with the report signed on November 12, 2004. The document serves as a report of a foreign private issuer pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934. The primary content details compliance with Brazilian Instruction CVM No. 358/2002 regarding securities and derivatives transactions by administration members and their family dependents for the month of October 2004.
Key Financial Metrics
The filing text does not provide consolidated financial metrics such as revenue, profit, cash flow, margins, debt, or liquidity for the reporting period. The document is strictly a disclosure of insider trading activity and shareholding balances.
Shareholding data reported for October 2004 includes:
- Group and Family Dependents: Held 51,610,589 Common Shares (32.54% of total) and 2,066,719 Non-Voting Shares (1.30% of total). No change in balance occurred during the month.
- Board of Directors: Held 757,466 Common Shares (0.48% of total) and 781,706 Non-Voting Shares (0.49% of total) at closing.
- Executive Officers: Held 46,390 Common Shares and 119,772 Non-Voting Shares. No change in balance occurred.
- Audit Committee: Held 59,788 Common Shares and 18,196 Non-Voting Shares at closing.
Material Changes and Transactions
For the majority of the groups listed (Group/Family, Board of Directors, Executive Officers), there were no operations with securities or derivatives in October 2004.
A single transaction was reported for the Audit Committee:
- Date: October 13, 2004
- Security: Non-Voting Shares of Bradesco S.A.
- Action: Sale of 651 shares via broker C.T.V.M.
- Price: R$ 165.22 per share
- Total Value: R$ 107,558.22
- Result: Non-Voting share balance decreased from 18,847 to 18,196.
The filing also notes that directors Dorival Antônio Bianchi and Elaine Rocha de F. Bianchi were fired from Banco Bradesco S.A., though specific shareholding changes for them are not detailed in the transaction tables provided.
Guidance, Outlook, and Risks
The filing contains a standard Forward-Looking Statements disclaimer. It states that any forward-looking statements regarding dividends, strategies, capital expenditure, or future operations 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.
No specific guidance, outlook, or management commentary on financial performance is included in this specific filing.
Investor Verification Checklist
- Verify the total share capital of Banco Bradesco S.A. to confirm the percentage calculations provided in the filing.
- Review the full annual report (Form 20-F) for the fiscal year ending December 31, 2004, to obtain actual revenue, profit, and liquidity metrics absent from this Form 6-K.
- Confirm the status and shareholding of the directors noted as "fired" (Dorival Antônio Bianchi and Elaine Rocha de F. Bianchi) in subsequent filings.
- Check for any other Form 6-K filings from November 2004 that may contain financial results or other material events.