Skip to Content

Bank Bradesco SA ADR BBD Stock Quote

| Rating as of

NYSE: BBD

Morningstar‘s Stock Analysis BBD

Valuation
Currency in
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Higher Credit Costs Pressure Banco Bradesco's Profits in the Third Quarter

Michael Miller Equity Analyst

Analyst Note

| Michael Miller |

No-moat-rated Banco Bradesco reported weak results during the third quarter, with high interest rates impacting the bank’s credit results. The bank’s recurring net income of BRL 5.22 billion fell 26% quarter over quarter and 23% year over year. The drop in net income was primarily driven by higher provisioning for future credit losses that rose to BRL 7.27 billion from last year’s BRL 3.36 billion. With the release, the bank also increased its guidance for 2022 provision for loan losses to between BRL 22.5 billion and BRL 27.5 billion from BRL 17 billion to BRL 21 billion, a dramatic revision. Growth in the bank’s fee-based income also stagnated during the quarter, rising 1.1% from last quarter and 4.8% from last year, less than the rate of inflation in Brazil, to BRL 8.86 billion.

Unlock Our Full Analysis With Morningstar Investor

Key Statistics BBD

Company Profile BBD

Business Description

Banco Bradesco is Brazil's second largest private bank, with about 15% of deposits, and the largest insurance provider in Brazil, with roughly 20%-25% market share. The bank is majority controlled by the Bradesco foundation--a private non-profit institution focused on education. Banking provides roughly 70% of profits, while the insurance segment contributes the remaining 30%. The bank is also a major asset manager with high-single-digit market share. In 2016, Bradesco acquired the Brazilian operations of HSBC.

Contact
Cidade de Deus S/N, Vila Yara
Osasco, SP, 06029‑900, BRA
Industry Banks - Regional
Employees 87,274

FAQs for Bank Bradesco SA ADR Stock

Yes. BBD has a forward dividend yield of 2.76%. See BBD’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

BBD’s market cap is 30.54 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

BBD’s stock style is Large Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

BBD’s price/sales is 1.47.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

BBD’s price/forward earnings is 6.14.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

BBD’s price/book is 1.00.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See BBD’s valuation ratios compared to the Market Index.

BBD’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare BBD’s historical performance against its industry peers and the overall market.