Banco Bradesco (BBD) Expected to Announce Earnings on Wednesday

Banco Bradesco (NYSE:BBD - Get Free Report) will likely be posting its Q2 2025 quarterly earnings results after the market closes on Wednesday, July 30th. Analysts expect Banco Bradesco to post earnings of $0.10 per share and revenue of $32.70 billion for the quarter.

Banco Bradesco (NYSE:BBD - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The bank reported $0.09 earnings per share for the quarter, meeting analysts' consensus estimates of $0.09. Banco Bradesco had a net margin of 9.08% and a return on equity of 12.33%. The company had revenue of $5.69 billion during the quarter, compared to the consensus estimate of $31.24 billion. On average, analysts expect Banco Bradesco to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Banco Bradesco Price Performance

BBD traded down $0.05 during trading on Friday, hitting $2.80. 28,589,656 shares of the stock traded hands, compared to its average volume of 32,385,792. Banco Bradesco has a twelve month low of $1.84 and a twelve month high of $3.13. The company has a market cap of $29.74 billion, a price-to-earnings ratio of 8.73, a PEG ratio of 0.41 and a beta of 0.71. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.76 and a quick ratio of 0.76. The business has a 50 day moving average price of $2.93 and a 200 day moving average price of $2.44.

Banco Bradesco Cuts Dividend

The business also recently announced a -- dividend, which will be paid on Tuesday, February 10th. Shareholders of record on Wednesday, July 2nd will be paid a dividend of $0.0351 per share. The ex-dividend date of this dividend is Wednesday, July 2nd. This represents a dividend yield of 4.7%. Banco Bradesco's payout ratio is presently 6.25%.

Institutional Trading of Banco Bradesco

Several institutional investors and hedge funds have recently made changes to their positions in BBD. Goldman Sachs Group Inc. increased its position in shares of Banco Bradesco by 116.9% in the first quarter. Goldman Sachs Group Inc. now owns 33,132,112 shares of the bank's stock valued at $73,885,000 after acquiring an additional 17,853,712 shares during the period. Jones Financial Companies Lllp increased its position in shares of Banco Bradesco by 3,749.8% during the first quarter. Jones Financial Companies Lllp now owns 38,613 shares of the bank's stock valued at $86,000 after buying an additional 37,610 shares during the period. Finally, Millennium Management LLC raised its stake in Banco Bradesco by 28.4% in the first quarter. Millennium Management LLC now owns 6,834,192 shares of the bank's stock worth $15,240,000 after buying an additional 1,510,481 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Citigroup raised shares of Banco Bradesco from a "hold" rating to a "buy" rating in a research report on Wednesday, May 28th. Bank of America upgraded shares of Banco Bradesco from a "neutral" rating to a "buy" rating in a report on Thursday, May 8th. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $2.40.

Banco Bradesco Company Profile

Banco Bradesco SA, 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.