| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 4/6 |
| Dividends | 3/6 |
BBD Stock Overview
Banco Bradesco S.A., together with its subsidiaries, provides various banking products and services to individuals, corporates, and businesses in Brazil and internationally.
Banco Bradesco Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R$3.77 |
| 52 Week High | R$5.70 |
| 52 Week Low | R$3.25 |
| Beta | 1.13 |
| 1 Month Change | 8.33% |
| 3 Month Change | -3.83% |
| 1 Year Change | -17.72% |
| 3 Year Change | -51.77% |
| 5 Year Change | -33.10% |
| Change since IPO | 330.12% |
Recent News & Updates
Banco Bradesco goes ex-dividend tomorrow
Banco Bradesco (BBD) had declared $0.003/share monthly dividend, 50% increase from prior dividend of $0.002.Payable June 8; for shareholders of record May 5; ex-div May 4.See BBD Dividend Scorecard, Yield Chart, & Dividend Growth.
Banco Bradesco reports Q4 results
Banco Bradesco (BBD): Q4 Net income of R$6.8B.Net interest income of R$16.66B (+8.0% Y/Y)Press Release
Banco Bradesco goes ex-dividend tomorrow
Banco Bradesco (BBD) had declared $0.003/share monthly dividend, in line with previous.Payable March 8; for shareholders of record Feb. 3; ex-div Feb. 2.See BBD Dividend Scorecard, Yield Chart, & Dividend Growth.
Shareholder Returns
| BBD | US Banks | US Market | |
|---|---|---|---|
| 7D | 5.6% | -0.5% | -0.5% |
| 1Y | -17.7% | 32.9% | 13.7% |
Return vs Industry: BBD underperformed the US Banks industry which returned 32.9% over the past year.
Return vs Market: BBD underperformed the US Market which returned 13.7% over the past year.
Price Volatility
| BBD volatility | |
|---|---|
| BBD Average Weekly Movement | 5.8% |
| Banks Industry Average Movement | 3.7% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in US Market | 15.9% |
| 10% least volatile stocks in US Market | 2.4% |
Stable Share Price: BBD is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: BBD's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1943 | 87,736 | Octavio de Lazari | https://banco.bradesco |
Banco Bradesco S.A., together with its subsidiaries, provides various banking products and services to individuals, corporates, and businesses in Brazil and internationally. The company operates through Banking and Insurance segments. It provides demand and time deposits, savings deposits, mutual funds, and a range of loans and advances, including overdrafts, credit cards, and loans with repayments in installments; and fund management and treasury services, foreign exchange services, corporate finance and investment banking services, and hedge and finance services, including working capital financing.
Banco Bradesco Fundamentals Summary
| BBD fundamental statistics | |
|---|---|
| Market Cap | R$185.57b |
| Earnings (TTM) | R$23.53b |
| Revenue (TTM) | R$92.70b |
8.6x
P/E Ratio1.4x
P/B RatioIs BBD overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BBD income statement (TTM) | |
|---|---|
| Revenue | R$92.70b |
| Cost of Revenue | R$1.30b |
| Gross Profit | R$91.40b |
| Expenses | R$67.87b |
| Earnings | R$23.53b |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Feb 08, 2022
| Earnings per share (EPS) | 2.43 |
| Gross Margin | 98.60% |
| Net Profit Margin | 25.38% |
| Debt/Equity Ratio | 348.7% |
How did BBD perform over the long term?
See historical performance and comparisonDividends
1.0%
Current Dividend Yield15%
Payout RatioValuation
Is Banco Bradesco undervalued compared to its fair value and its price relative to the market?
38.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BBD ($3.77) is trading below our estimate of fair value ($6.16)
Significantly Below Fair Value: BBD is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BBD is good value based on its PE Ratio (8.6x) compared to the US Banks industry average (11.3x).
PE vs Market: BBD is good value based on its PE Ratio (8.6x) compared to the US market (17.4x).
Price to Earnings Growth Ratio
PEG Ratio: BBD is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: BBD is overvalued based on its PB Ratio (1.4x) compared to the US Banks industry average (1.2x).
Future Growth
How is Banco Bradesco forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
7.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BBD's forecast earnings growth (7.1% per year) is above the savings rate (2%).
Earnings vs Market: BBD's earnings (7.1% per year) are forecast to grow slower than the US market (13% per year).
High Growth Earnings: BBD's earnings are forecast to grow, but not significantly.
Revenue vs Market: BBD's revenue (9.3% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: BBD's revenue (9.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BBD's Return on Equity is forecast to be low in 3 years time (17.9%).
Past Performance
How has Banco Bradesco performed over the past 5 years?
2.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BBD has a high level of non-cash earnings.
Growing Profit Margin: BBD's current net profit margins (25.4%) are higher than last year (23.7%).
Past Earnings Growth Analysis
Earnings Trend: BBD's earnings have grown by 2.4% per year over the past 5 years.
Accelerating Growth: BBD's earnings growth over the past year (63.3%) exceeds its 5-year average (2.4% per year).
Earnings vs Industry: BBD earnings growth over the past year (63.3%) exceeded the Banks industry 43.7%.
Return on Equity
High ROE: BBD's Return on Equity (16%) is considered low.
Financial Health
How is Banco Bradesco's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: BBD's Assets to Equity ratio (11.2x) is moderate.
Allowance for Bad Loans: BBD has a sufficient allowance for bad loans (162%).
Low Risk Liabilities: 63% of BBD's liabilities are made up of primarily higher risk sources of funding.
Loan Level: BBD has an appropriate level of Loans to Assets ratio (30%).
Low Risk Deposits: BBD's Loans to Deposits ratio (87%) is appropriate.
Level of Bad Loans: BBD has a high level of bad loans (4.8%).
Dividend
What is Banco Bradesco current dividend yield, its reliability and sustainability?
0.99%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BBD's dividend (0.99%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.32%).
High Dividend: BBD's dividend (0.99%) is low compared to the top 25% of dividend payers in the US market (3.44%).
Stability and Growth of Payments
Stable Dividend: BBD's dividend payments have been volatile in the past 10 years.
Growing Dividend: BBD's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (15.2%), BBD's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BBD's dividends in 3 years are forecast to be covered by earnings (60.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.8yrs
Average board tenure
CEO
Octavio de Lazari (58 yo)
3.83yrs
Tenure
Mr. Octavio de Lazari Jr., has been the Chief Executive Officer and Member of Board of Executive Officers at Banco Bradesco SA since March 13, 2018 and served as its Executive Vice President since May 2017...
Board Members
Experienced Board: BBD's board of directors are considered experienced (4.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Banco Bradesco S.A.'s employee growth, exchange listings and data sources
Key Information
- Name: Banco Bradesco S.A.
- Ticker: BBD
- Exchange: NYSE
- Founded: 1943
- Industry: Diversified Banks
- Sector: Banks
- Implied Market Cap: R$185.575b
- Listing Market Cap: R$33.449b
- Shares outstanding: 9.69b
- Website: https://banco.bradesco
Number of Employees
Location
- Banco Bradesco S.A.
- Cidade De Deus, S/N
- Vila Yara
- Osasco
- São Paulo
- 06029-900
- Brazil
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/16 23:03 |
| End of Day Share Price | 2022/01/14 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
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.