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BBDO

Banco BradescoNYSE:BBDO Stock Report

Last Price

R$3.16

Market Cap

R$33.4b

7D

9.0%

1Y

-21.4%

Updated

16 Jan, 2022

Data

Company Financials +
BBDO fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance4/6
Financial Health4/6
Dividends3/6

BBDO 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

JPMorgan Chase

NYSE:JPM

US$464.8b

Bank of America

NYSE:BAC

US$392.1b

Nu Holdings

NYSE:NU

US$37.6b

Allianz

XTRA:ALV

€92.7b

Price History & Performance

Summary of all time highs, changes and price drops for Banco Bradesco
Historical stock prices
Current Share PriceR$3.16
52 Week HighR$4.86
52 Week LowR$2.79
Beta1.13
1 Month Change-0.63%
3 Month Change-7.06%
1 Year Change-21.36%
3 Year Change-57.99%
5 Year Change-48.17%
Change since IPO-53.62%

Recent News & Updates

Jun 02

Banco Bradesco goes ex-dividend tomorrow

Banco Bradesco (BBD) had declared $0.003/share monthly dividend, in line with previous.Payable July 8; for shareholders of record June 4; ex-div June 3.See BBD Dividend Scorecard, Yield Chart, & Dividend Growth.

Shareholder Returns

BBDOUS BanksUS Market
7D9.0%-0.5%-0.5%
1Y-21.4%32.9%13.7%

Return vs Industry: BBDO underperformed the US Banks industry which returned 32.9% over the past year.

Return vs Market: BBDO underperformed the US Market which returned 13.7% over the past year.

Price Volatility

Is BBDO's price volatile compared to industry and market?
BBDO volatility
BBDO Average Weekly Movement6.0%
Banks Industry Average Movement3.7%
Market Average Movement6.6%
10% most volatile stocks in US Market15.9%
10% least volatile stocks in US Market2.4%

Stable Share Price: BBDO is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: BBDO's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
194387,736Octavio de Lazarihttps://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

How do Banco Bradesco's earnings and revenue compare to its market cap?
BBDO fundamental statistics
Market CapR$185.57b
Earnings (TTM)R$23.53b
Revenue (TTM)R$92.70b

8.6x

P/E Ratio

1.4x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BBDO income statement (TTM)
RevenueR$92.70b
Cost of RevenueR$1.30b
Gross ProfitR$91.40b
ExpensesR$67.87b
EarningsR$23.53b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Feb 08, 2022

Earnings per share (EPS)2.43
Gross Margin98.60%
Net Profit Margin25.38%
Debt/Equity Ratio348.7%

How did BBDO perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

15%

Payout Ratio

Valuation

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: BBDO ($3.16) is trading below our estimate of fair value ($5.16)

Significantly Below Fair Value: BBDO is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BBDO is good value based on its PE Ratio (8.6x) compared to the US Banks industry average (11.3x).

PE vs Market: BBDO is good value based on its PE Ratio (8.6x) compared to the US market (17.4x).


Price to Earnings Growth Ratio

PEG Ratio: BBDO is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: BBDO 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: BBDO's forecast earnings growth (7.1% per year) is above the savings rate (2%).

Earnings vs Market: BBDO's earnings (7.1% per year) are forecast to grow slower than the US market (13% per year).

High Growth Earnings: BBDO's earnings are forecast to grow, but not significantly.

Revenue vs Market: BBDO's revenue (9.3% per year) is forecast to grow slower than the US market (9.3% per year).

High Growth Revenue: BBDO'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: BBDO'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: BBDO has a high level of non-cash earnings.

Growing Profit Margin: BBDO's current net profit margins (25.4%) are higher than last year (23.7%).


Past Earnings Growth Analysis

Earnings Trend: BBDO's earnings have grown by 2.4% per year over the past 5 years.

Accelerating Growth: BBDO's earnings growth over the past year (63.3%) exceeds its 5-year average (2.4% per year).

Earnings vs Industry: BBDO earnings growth over the past year (63.3%) exceeded the Banks industry 43.7%.


Return on Equity

High ROE: BBDO'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: BBDO's Assets to Equity ratio (11.2x) is moderate.

Allowance for Bad Loans: BBDO has a sufficient allowance for bad loans (162%).

Low Risk Liabilities: 63% of BBDO's liabilities are made up of primarily higher risk sources of funding.

Loan Level: BBDO has an appropriate level of Loans to Assets ratio (30%).

Low Risk Deposits: BBDO's Loans to Deposits ratio (87%) is appropriate.

Level of Bad Loans: BBDO 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: BBDO's dividend (0.99%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.32%).

High Dividend: BBDO'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: BBDO's dividend payments have been volatile in the past 10 years.

Growing Dividend: BBDO's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (15.2%), BBDO's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BBDO'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: BBDO'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: BBDO
  • 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/16 23:03
End of Day Share Price2022/01/14 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.