NYSE:BBD

Stock Analysis Report

Executive Summary

Banco Bradesco S.A., together with its subsidiaries, provides banking and financial products and services to individuals, corporates, and businesses in Brazil and internationally.

Snowflake

Fundamentals

Reasonable growth potential with adequate balance sheet and pays a dividend.

Risks

  • Banco Bradesco has significant price volatility in the past 3 months.

Similar Companies

Share Price & News

How has Banco Bradesco's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-6.5%

NYSE:BBD

-1.8%

US Banks

0.2%

US Market


1 Year Return

38.5%

NYSE:BBD

-15.3%

US Banks

-0.7%

US Market

BBD outperformed the Banks industry which returned -13.6% over the past year.

BBD outperformed the Market in United States of America which returned 0.3% over the past year.


Share holder returns

BBDIndustryMarket
7 Day-6.5%-1.8%0.2%
30 Day-19.7%-6.4%-2.7%
90 Day-7.1%-4.0%1.6%
1 Year41.9%38.5%-12.9%-15.3%1.6%-0.7%
3 Year46.9%33.8%41.3%31.7%40.0%30.9%
5 Year5.8%-10.4%50.8%34.5%53.8%36.8%

Price Volatility Vs. Market

How volatile is Banco Bradesco's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Banco Bradesco undervalued based on future cash flows and its price relative to the stock market?

27%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Banco Bradesco's share price is below the future cash flow value, and at a moderate discount (> 20%).

Banco Bradesco's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Banco Bradesco is overvalued based on earnings compared to the US Banks industry average.

Banco Bradesco is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Banco Bradesco is good value based on expected growth next year.


Price Based on Value of Assets

Banco Bradesco is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Banco Bradesco expected to perform in the next 1 to 3 years based on estimates from 14 analysts?

19.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Banco Bradesco's revenue is expected to grow by 10.4% yearly, however this is not considered high growth (20% yearly).

Banco Bradesco's earnings are expected to grow by 19.6% yearly, however this is not considered high growth (20% yearly).

Banco Bradesco's revenue growth is expected to exceed the United States of America market average.

Banco Bradesco's earnings growth is expected to exceed the United States of America market average.

Banco Bradesco's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Banco Bradesco is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).


Next Steps

Past Performance

How has Banco Bradesco performed over the past 5 years?

3.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Banco Bradesco's year on year earnings growth rate has been positive over the past 5 years.

Banco Bradesco's 1-year earnings growth exceeds its 5-year average (7.5% vs 3.5%)

Banco Bradesco's earnings growth has not exceeded the US Banks industry average in the past year (7.5% vs 33.2%).


Return on Equity

Banco Bradesco has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Banco Bradesco used its assets more efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Banco Bradesco improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

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

Information is not available.

Information is not available.


Financial Institutions Analysis

Banco Bradesco has an acceptable proportion of non-loan assets held.

Banco Bradesco has a sufficient allowance for bad loans.

Banco Bradesco's liabilities are made up of primarily higher risk sources of funding.

Banco Bradesco's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).

Loans at Banco Bradesco are broadly funded by customer deposits.

Banco Bradesco has a high level of bad loans (greater than 2%).


Next Steps

Dividend

What is Banco Bradesco's current dividend yield, its reliability and sustainability?

4.61%

Expected Dividend Yield


Upcoming Dividend Payment

Purchase Banco Bradesco before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

Banco Bradesco's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.48%).

Banco Bradesco's dividend is below the markets top 25% of dividend payers in United States of America (3.83%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.4x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (2.5x coverage).


Next Steps

Management

What is the CEO of Banco Bradesco's salary, the management and board of directors tenure and is there insider trading?

1.8yrs

Average board tenure


CEO

Octavio de Lazari (56yo)

1.4yrs

Tenure

0

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 Age and Tenure

1.8yrs

Average Tenure

60.5yo

Average Age

The average tenure for the Banco Bradesco board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Carlos Rodrigues Guilherme (76yo)

    Vice Chairman & Secretary

    • Tenure: 1.8yrs
  • Cassiano Scarpelli (51yo)

    Executive VP & Member of Board of Executive Officers

    • Tenure: 0.0yrs
  • Antonio da Barbara (51yo)

    Executive Deputy Officer & Member of Board of Executive Officers

    • Tenure: 0.0yrs
  • Moacir Nachbar (54yo)

    Chief Risk Officer

    • Tenure: 0.0yrs
  • Marcelo de Araújo Noronha (54yo)

    Executive VP & Member of Board of Executive Officers

    • Tenure: 0.0yrs
  • André Rodrigues Cano (61yo)

    CFO, Executive VP

    • Tenure: 0.0yrs
  • José Rocha Neto (51yo)

    Executive Deputy Officer & Member of Board of Executive Officers

    • Tenure: 0.0yrs
  • João Carlos da Silva (58yo)

    Executive Managing Officer & Member of Board of Executive Officers

    • Tenure: 0.0yrs
  • Glaucimar Peticov (56yo)

    Executive Deputy Officer & Member of Board of Executive Officers

    • Tenure: 0.0yrs
  • Octavio de Lazari (56yo)

    CEO & Member of Board of Executive Officers

    • Tenure: 1.4yrs

Board Members

  • João Alvarez (59yo)

    Director

    • Tenure: 29.5yrs
  • Luiz Trabuco Cappi (68yo)

    Chairman of the Board

    • Tenure: 1.8yrs
  • Carlos Rodrigues Guilherme (76yo)

    Vice Chairman & Secretary

    • Tenure: 1.8yrs
  • Milton Matsumoto (74yo)

    External Director

    • Tenure: 8.4yrs
  • Denise Alvarez (61yo)

    Director

    • Tenure: 29.5yrs
  • Josué Pancini (59yo)

    Director

    • Tenure: 1.4yrs
  • Alexandre da Silva Glüher (59yo)

    External Director

    • Tenure: 1.4yrs
  • Maurício de Minas (60yo)

    Director

    • Tenure: 1.4yrs
  • Ariovaldo Pereira (67yo)

    Coordinator of Fiscal Council

    • Tenure: 0.0yrs
  • José Augusto Miranda (39yo)

    Director

    • Tenure: 0.2yrs

Company Information

Banco Bradesco S.A.'s company bio, 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
  • Market Cap: R$246.036b
  • Listing Market Cap: R$60.901b
  • Shares outstanding: 8.03b
  • Website: https://banco.bradesco

Number of Employees


Location

  • Banco Bradesco S.A.
  • Cidade de Deus
  • Vila Yara
  • Osasco
  • São Paulo
  • 06029-900
  • Brazil

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BBDC3BOVESPA (Bolsa de Valores de Sao Paulo)Common SharesBRBRLNov 1992
BBDC4BOVESPA (Bolsa de Valores de Sao Paulo)YesPreferred SharesBRBRLNov 1992
XBBDCBME (Bolsas y Mercados Espanoles)YesPreferred SharesESEURNov 1992
BREDB (Deutsche Boerse AG)YesPreferred SharesDEEURNov 1992
BBDNYSE (New York Stock Exchange)SPONS ADR EACH REPR 1 PRF NPVUSUSDNov 2001
BRECDB (Deutsche Boerse AG)SPONS ADR EACH REPR 1 PRF NPVDEEURNov 2001
BBD NBMV (Bolsa Mexicana de Valores)SPONS ADR EACH REPR 1 PRF NPVMXMXNNov 2001
0HL8LSE (London Stock Exchange)SPONS ADR EACH REPR 1 PRF NPVGBUSDNov 2001
BBDONYSE (New York Stock Exchange)SPONSORED ADRUSUSDMar 2012

Biography

Banco Bradesco S.A., together with its subsidiaries, provides banking and financial products and services to individuals, corporates, and businesses in Brazil and internationally. It operates through two s ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/20 23:32
End of Day Share Price2019/08/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.