Banco Bradesco S.A.

DB:BREC Stock Report

Market Cap: €18.3b

Banco Bradesco Past Earnings Performance

Past criteria checks 1/6

Banco Bradesco's earnings have been declining at an average annual rate of -5%, while the Banks industry saw earnings growing at 18% annually. Revenues have been declining at an average rate of 0.5% per year. Banco Bradesco's return on equity is 8.8%, and it has net margins of 19.3%.

Key information

-5.0%

Earnings growth rate

-4.8%

EPS growth rate

Banks Industry Growth10.6%
Revenue growth rate-0.5%
Return on equity8.8%
Net Margin19.3%
Next Earnings Update07 Feb 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Banco Bradesco makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:BREC Revenue, expenses and earnings (BRL Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2475,40014,54246,2410
30 Jun 2469,52313,07245,7240
31 Mar 2467,90812,97245,5240
31 Dec 2368,35114,25145,3100
30 Sep 2364,17613,38842,4210
30 Jun 2370,61615,34245,2890
31 Mar 2376,41318,58644,7290
31 Dec 2283,16421,22343,9080
30 Sep 2295,20026,61246,5530
30 Jun 2295,80127,17443,3860
31 Mar 2296,99925,08943,3500
31 Dec 2192,84023,17243,5540
30 Sep 2189,39721,96643,7410
30 Jun 2189,21520,24542,7440
31 Mar 2180,67818,57641,8720
31 Dec 2062,58415,83741,9300
30 Sep 2060,83614,40640,9620
30 Jun 2058,47516,04942,4370
31 Mar 2066,08718,58542,7090
31 Dec 1984,93221,02345,4750
30 Sep 1981,33320,27940,6000
30 Jun 1982,41819,45239,0670
31 Mar 1973,12717,93839,3870
31 Dec 1871,91116,58438,1520
30 Sep 1871,75920,22737,6080
30 Jun 1873,25618,10239,6360
31 Mar 1876,34217,48539,1500
31 Dec 1773,92017,08940,0880
30 Sep 1776,38517,26939,8400
30 Jun 1771,53717,62138,4510
31 Mar 1777,09717,84436,8130
31 Dec 1680,55517,89435,0880
30 Sep 1678,63716,78832,6480
30 Jun 1665,95617,67130,8530
31 Mar 1661,56818,01030,0670
31 Dec 1551,50918,13328,9420
30 Sep 1545,44217,05628,3290
30 Jun 1554,05216,81127,2730
31 Mar 1552,88316,11627,7680
31 Dec 1457,37415,31527,8310
30 Sep 1452,76414,56026,8890
30 Jun 1454,40813,74926,5750
31 Mar 1449,75512,92025,8690
31 Dec 1347,90512,39625,9190

Quality Earnings: BREC has a large one-off loss of R$6.9B impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: BREC's current net profit margins (19.3%) are lower than last year (20.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: BREC's earnings have declined by 5% per year over the past 5 years.

Accelerating Growth: BREC's earnings growth over the past year (8.6%) exceeds its 5-year average (-5% per year).

Earnings vs Industry: BREC earnings growth over the past year (8.6%) did not outperform the Banks industry 12.6%.

Return on Equity

High ROE: BREC's Return on Equity (8.8%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 03:24
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Banco Bradesco S.A. is covered by 35 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ishan MajumdarBaptista Research
Roberto de Aguiar AttuchBarclays
Rafael ReisBB Banco de Investimento S.A.