Banco Bradesco
Market Cap
US$246.0b
Last Updated
2019/08/20 23:32 UTC
Data Sources
Company Financials +
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
| BBD | Industry | Market | |
|---|---|---|---|
| 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 Year | 41.9%38.5% | -12.9%-15.3% | 1.6%-0.7% |
| 3 Year | 46.9%33.8% | 41.3%31.7% | 40.0%30.9% |
| 5 Year | 5.8%-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%).
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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.
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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%).
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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).
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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
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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BBDC3 | BOVESPA (Bolsa de Valores de Sao Paulo) | Common Shares | BR | BRL | Nov 1992 | |
| BBDC4 | BOVESPA (Bolsa de Valores de Sao Paulo) | Yes | Preferred Shares | BR | BRL | Nov 1992 |
| XBBDC | BME (Bolsas y Mercados Espanoles) | Yes | Preferred Shares | ES | EUR | Nov 1992 |
| BRE | DB (Deutsche Boerse AG) | Yes | Preferred Shares | DE | EUR | Nov 1992 |
| BBD | NYSE (New York Stock Exchange) | SPONS ADR EACH REPR 1 PRF NPV | US | USD | Nov 2001 | |
| BREC | DB (Deutsche Boerse AG) | SPONS ADR EACH REPR 1 PRF NPV | DE | EUR | Nov 2001 | |
| BBD N | BMV (Bolsa Mexicana de Valores) | SPONS ADR EACH REPR 1 PRF NPV | MX | MXN | Nov 2001 | |
| 0HL8 | LSE (London Stock Exchange) | SPONS ADR EACH REPR 1 PRF NPV | GB | USD | Nov 2001 | |
| BBDO | NYSE (New York Stock Exchange) | SPONSORED ADR | US | USD | Mar 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/08/20 23:32 |
| End of Day Share Price | 2019/08/20 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.