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NYSE:BBD

Banco Bradesco (BBD) Stock Price, News & Analysis

$2.81
-0.05 (-1.75%)
(As of 09/6/2024 ET)
Today's Range
$2.80
$2.88
50-Day Range
$2.18
$2.92
52-Week Range
$2.16
$3.65
Volume
20.23 million shs
Average Volume
19.02 million shs
Market Capitalization
$29.95 billion
P/E Ratio
12.22
Dividend Yield
1.07%
Price Target
$3.35

Banco Bradesco MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
19.2% Upside
$3.35 Price Target
Short Interest
Healthy
0.32% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
38.24%
From $0.34 to $0.47 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.26 out of 5 stars

Finance Sector

150th out of 871 stocks

State Commercial Banks Industry

28th out of 177 stocks

BBD stock logo

About Banco Bradesco Stock (NYSE:BBD)

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 two segments, Banking and Insurance. It provides current, savings, click, and salary accounts; real estate credit, vehicle financing, payroll loans, mortgage loans, microcredit, leasing, and personal and installment credit; overdraft and agribusiness loans; debit and business cards; financial and security services; consortium products; car, personal accident, dental, travel, and life insurance; investment products; pension products; foreign currency exchange services; capitalization bonds; and internet banking services. Banco Bradesco S.A. was founded in 1943 and is headquartered in Osasco, Brazil.

BBD Stock Price History

BBD Stock News Headlines

Banco Bradesco (NYSE:BBD) Shares Gap Down to $2.85
War on Elon Escalates…
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
BBD Mar 2025 1.500 call
BBD Sep 2024 1.500 call
BBD Mar 2025 1.500 put
War on Elon Escalates…
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
Banco Bradesco earnings preview: what to expect
Here's what to expect from Banco Bradesco's earnings report
BBD Jul 2024 2.500 call
Banco Bradesco: Q1 Earnings Snapshot
Banco Bradesco reports Q1 results
See More Headlines
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Company Calendar

Last Earnings
8/05/2024
Ex-Dividend for 9/12 Dividend
8/05/2024
Ex-Dividend for 10/8 Dividend
9/04/2024
Today
9/07/2024
Dividend Payable
9/12/2024
Dividend Payable
10/08/2024
Next Earnings (Estimated)
11/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
N/A
Employees
86,222
Year Founded
1943

Price Target and Rating

Average Stock Price Target
$3.35
High Stock Price Target
$3.50
Low Stock Price Target
$3.20
Potential Upside/Downside
+19.2%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$2.85 billion
Pretax Margin
4.19%

Debt

Sales & Book Value

Annual Sales
$101.08 billion
Cash Flow
$0.43 per share
Book Value
$3.14 per share

Miscellaneous

Outstanding Shares
10,658,490,000
Free Float
N/A
Market Cap
$29.95 billion
Optionable
Optionable
Beta
0.98

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Key Executives

  • Mr. Marcelo de Araujo Noronha (Age 59)
    CEO & Member of Executive Board
  • Mr. Cassiano Ricardo Scarpelli (Age 56)
    CFO, Executive VP of Director & Member of Executive Board
  • Mr. Moacir Nachbar Jr. (Age 59)
    Junior, Executive VP of Director, Chief Risk Officer & Member of Executive Board
  • Mr. Antonio Jose da Barbara (Age 56)
    Managing Executive Officer & Member of Executive Board
  • Mr. Jose Ramos Rocha Neto (Age 56)
    Executive VP & Member of the Executive Board
  • Mr. Joao Carlos Gomes da Silva (Age 63)
    Executive Officer & Member of Board of Executive Officers
  • Mr. Eurico Ramos Fabri (Age 52)
    Executive VP of Director & Member of Executive Board
  • Mr. Guilherme Muller Leal (Age 57)
    Executive VP & Member of Executive Board
  • Mr. Roberto de Jesus Paris (Age 52)
    Executive Officer & Member of Executive Board
  • Mr. Rogerio Pedro Camara (Age 61)
    Executive VP of Director & Member of Executive Board

Should I Buy Banco Bradesco Stock? BBD Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Banco Bradesco S.A.:

  • Banco Bradesco's stock price is currently at $2.46, which may present a buying opportunity for investors looking for undervalued stocks.
  • The bank reported a return on equity of 9.55% and a net margin of 6.70%, indicating strong financial performance.
  • Recent dividend announcements show a dividend yield of 1.49%, providing potential income for investors.
  • Analysts have raised the price target for Banco Bradesco, indicating positive sentiment and potential for stock price appreciation.
  • Banco Bradesco has a diverse range of banking products and services catering to individuals, corporates, and businesses, offering stability and growth potential.

Cons

Investors should be bearish about investing in Banco Bradesco S.A. for these reasons:

  • The stock has experienced a 1.6% decline, indicating potential volatility and market uncertainty.
  • The company's 50-day moving average price is below the 200-day moving average, suggesting a possible bearish trend.
  • Debt-to-equity ratio of 0.54 may raise concerns about the company's leverage and financial stability.
  • The current ratio of 0.77 may indicate potential liquidity challenges for the company.
  • Recent institutional selling of Banco Bradesco shares by Jump Financial LLC raises questions about investor confidence in the stock.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, September 4, 2024. Please send any questions or comments about these Banco Bradesco pros and cons to contact@marketbeat.com.

BBD Stock Analysis - Frequently Asked Questions

How have BBD shares performed this year?

Banco Bradesco's stock was trading at $3.50 at the start of the year. Since then, BBD shares have decreased by 19.7% and is now trading at $2.81.
View the best growth stocks for 2024 here
.

How were Banco Bradesco's earnings last quarter?

Banco Bradesco S.A. (NYSE:BBD) issued its quarterly earnings results on Monday, August, 5th. The bank reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.01. The bank had revenue of $9.64 billion for the quarter, compared to analyst estimates of $5.47 billion. Banco Bradesco had a trailing twelve-month return on equity of 9.88% and a net margin of 6.68%.

When did Banco Bradesco's stock split?

Banco Bradesco shares split before market open on Tuesday, April 19th 2022. The 11-10 split was announced on Tuesday, April 19th 2022. The newly issued shares were payable to shareholders after the market closes on Tuesday, April 19th 2022. An investor that had 100 shares of stock prior to the split would have 110 shares after the split.

What is Octavio de Lazari's approval rating as Banco Bradesco's CEO?

31 employees have rated Banco Bradesco Chief Executive Officer Octavio de Lazari on Glassdoor.com. Octavio de Lazari has an approval rating of 86% among the company's employees.

Who are Banco Bradesco's major shareholders?

Banco Bradesco's top institutional investors include Sprucegrove Investment Management Ltd. (0.68%), Baillie Gifford & Co., Massachusetts Financial Services Co. MA (0.31%) and Itau Unibanco Holding S.A. (0.23%).

How do I buy shares of Banco Bradesco?

Shares of BBD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Banco Bradesco own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Banco Bradesco investors own include Bombardier, Inc. Class B (BBD.B), Petróleo Brasileiro S.A. - Petrobras (PBR), Bombardier (BDRBF), Vale (VALE), Bank of America (BAC), General Electric (GE) and Citigroup (C).

This page (NYSE:BBD) was last updated on 9/7/2024 by MarketBeat.com Staff

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