Analyst Estimates: Here's What Brokers Think Of Banco do Brasil S.A. (BVMF:BBAS3) After Its Annual Report

Last week, you might have seen that Banco do Brasil S.A. (BVMF:BBAS3) released its yearly result to the market. The early response was not positive, with shares down 2.7% to R$27.98 in the past week. Results were roughly in line with estimates, with revenues of R$102b and statutory earnings per share of R$6.18. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

See our latest analysis for Banco do Brasil

Taking into account the latest results, the most recent consensus for Banco do Brasil from ten analysts is for revenues of R$110.9b in 2025. If met, it would imply a notable 8.5% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to accumulate 4.1% to R$6.46. In the lead-up to this report, the analysts had been modelling revenues of R$113.0b and earnings per share (EPS) of R$6.39 in 2025. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

There were no changes to revenue or earnings estimates or the price target of R$34.75, suggesting that the company has met expectations in its recent result. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. The most optimistic Banco do Brasil analyst has a price target of R$45.00 per share, while the most pessimistic values it at R$26.00. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure.

Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. We would highlight that Banco do Brasil's revenue growth is expected to slow, with the forecast 8.5% annualised growth rate until the end of 2025 being well below the historical 15% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 15% per year. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than Banco do Brasil.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that in mind, we wouldn't be too quick to come to a conclusion on Banco do Brasil. Long-term earnings power is much more important than next year's profits. At Simply Wall St, we have a full range of analyst estimates for Banco do Brasil going out to 2027, and you can see them free on our platform here..

And what about risks? Every company has them, and we've spotted 2 warning signs for Banco do Brasil you should know about.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.