Banco Bradesco (BBD) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $1.89 to $1.93
• 50-Day Range: $1.87 to $2.67
• 52-Week Range: $1.84 to $3.56
• Volume: 3.04 million shs
• Average Volume: 23.47 million shs
• Market Capitalization: $20.17 billion
• P/E Ratio: 7.29
• Dividend Yield: 1.06%
• Price Target: $3.20
• Consensus Rating: Hold

Banco Bradesco Stock Analysis - MarketRank™

Banco Bradesco scored higher than 91% of companies evaluated by MarketBeat, and ranked 102nd out of 936 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.1 / 5
• Analyst Rating: Hold

Consensus Rating

Banco Bradesco has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Banco Bradesco has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 5.0 / 5
• Proj. Earnings Growth: 21.21%

Earnings Growth

Earnings for Banco Bradesco are expected to grow by 21.21% in the coming year, from $0.33 to $0.40 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Banco Bradesco is 7.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.74.

Price to Earnings Ratio vs. Sector

The P/E ratio of Banco Bradesco is 7.29, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 24.76.

Price to Earnings Growth Ratio

Banco Bradesco has a PEG Ratio of 0.32. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Banco Bradesco has a P/B Ratio of 0.60. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.35% of the outstanding shares of Banco Bradesco have been sold short.

Short Interest Ratio / Days to Cover

Banco Bradesco has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Banco Bradesco has recently increased by 68.02%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Banco Bradesco pays a meaningful dividend of 1.58%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Banco Bradesco does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Banco Bradesco is 7.69%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Banco Bradesco will have a dividend payout ratio of 5.00% next year. This indicates that Banco Bradesco will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.35% of the outstanding shares of Banco Bradesco have been sold short.

Short Interest Ratio / Days to Cover

Banco Bradesco has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Banco Bradesco has recently increased by 68.02%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.73

News Sentiment

Banco Bradesco has a news sentiment score of 0.73. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Banco Bradesco this week, compared to 1 article on an average week.

Search Interest

5 people have searched for BBD on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.

MarketBeat Follows

9 people have added Banco Bradesco to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Banco Bradesco insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.33% of the stock of Banco Bradesco is held by insiders.

BBD Stock Analysis - Frequently Asked Questions

How have BBD shares performed this year?

Banco Bradesco's stock was trading at $3.50 at the beginning of 2024. Since then, BBD shares have decreased by 45.9% and is now trading at $1.8950.
View the best growth stocks for 2024 here.

How were Banco Bradesco's earnings last quarter?

Banco Bradesco S.A. (NYSE:BBD) posted its quarterly earnings data on Thursday, October, 31st. The bank reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.01. The bank earned $9.18 billion during the quarter, compared to the consensus estimate of $5.62 billion. Banco Bradesco had a net margin of 7.43% and a trailing twelve-month return on equity of 10.17%.

When did Banco Bradesco's stock split?

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

Who are Banco Bradesco's major shareholders?

Top institutional investors of Banco Bradesco include Massachusetts Financial Services Co. MA, Fisher Asset Management LLC, Wellington Management Group LLP and Franklin Resources Inc..

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 Humana (HUM), American Water Works (AWK), Waste Connections (WCN), AUO (AUOTY), DiamondRock Hospitality (DRH), The RMR Group (RMR) and iShares Micro-Cap ETF (IWC).

Company Calendar

• Last Earnings: 10/31/2024
• Ex-Dividend for 12/12 Dividend: 11/05/2024
• Ex-Dividend for 1/9 Dividend: 12/04/2024
• Dividend Payable: 12/12/2024
• Today: 12/23/2024
• Fiscal Year End: 12/31/2024
• Dividend Payable: 1/09/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: N/A
• Current Symbol: NYSE:BBD
• CUSIP: N/A
• CIK: 1160330
• Web: www.banco.bradesco
• Phone: 551136844011
• Fax: 55-11-3684-4630
• Employees: 86,222
• Year Founded: 1943

Price Target and Rating

• Average Stock Price Target: $3.20
• High Stock Price Target: $3.20
• Low Stock Price Target: $3.20
• Potential Upside/Downside: +65.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.26
• Trailing P/E Ratio: 7.42
• Forward P/E Ratio: 5.85
• P/E Growth: 0.32
• Net Income: $2.85 billion
• Net Margins: 7.43%
• Pretax Margin: N/A
• Return on Equity: 10.17%
• Return on Assets: 0.86%

Debt

• Debt-to-Equity Ratio: 0.36
• Current Ratio: 0.72
• Quick Ratio: 0.72

Sales & Book Value

• Annual Sales: $101.44 billion
• Price / Sales: 0.20
• Cash Flow: $0.38 per share
• Price / Cash Flow: 5.04
• Book Value: $3.14 per share
• Price / Book: 0.61

Miscellaneous

• Outstanding Shares: 10,642,170,000
• Free Float: N/A
• Market Cap: $20.54 billion
• Optionable: Optionable
• Beta: 0.94