Banco Bradesco (NYSE:BBD - Get Free Report) is expected to be releasing its Q1 2025 earnings data before the market opens on Thursday, May 1st. Analysts expect Banco Bradesco to post earnings of $0.08 per share and revenue of $31.24 billion for the quarter.
Banco Bradesco (NYSE:BBD - Get Free Report) last posted its earnings results on Friday, February 7th. The bank reported $0.09 EPS for the quarter, hitting analysts' consensus estimates of $0.09. Banco Bradesco had a net margin of 8.46% and a return on equity of 11.43%. 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 Stock Up 1.5 %
Shares of BBD stock traded up $0.04 during trading hours on Tuesday, hitting $2.43. 4,458,124 shares of the company were exchanged, compared to its average volume of 31,993,631. The business's 50-day simple moving average is $2.16 and its two-hundred day simple moving average is $2.17. Banco Bradesco has a one year low of $1.84 and a one year high of $2.96. The stock has a market capitalization of $25.81 billion, a price-to-earnings ratio of 8.08, a P/E/G ratio of 0.32 and a beta of 0.56. The company has a debt-to-equity ratio of 2.48, a quick ratio of 0.72 and a current ratio of 1.01.
Banco Bradesco Increases Dividend
The business also recently disclosed a monthly dividend, which will be paid on Friday, November 7th. Shareholders of record on Wednesday, April 2nd will be paid a $0.0398 dividend. This represents a $0.48 annualized dividend and a yield of 19.67%. The ex-dividend date is Wednesday, April 2nd. This is a positive change from Banco Bradesco's previous monthly dividend of $0.00. Banco Bradesco's dividend payout ratio is currently 6.67%.
Wall Street Analyst Weigh In
A number of analysts have issued reports on BBD shares. The Goldman Sachs Group lowered Banco Bradesco from a "buy" rating to a "sell" rating and lowered their target price for the company from $2.40 to $2.00 in a report on Wednesday, February 12th. HSBC upgraded Banco Bradesco from a "hold" rating to a "buy" rating and set a $2.80 price target on the stock in a report on Monday, January 13th.
Check Out Our Latest Research Report on Banco Bradesco
Banco Bradesco Company Profile
(
Get Free Report)
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.
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