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NYSE:BBD

Banco Bradesco (BBD) Stock Price, News & Analysis

$2.22
0.00 (0.00%)
(As of 07/26/2024 ET)
Today's Range
$2.20
$2.23
50-Day Range
$2.18
$2.63
52-Week Range
$2.16
$3.65
Volume
16.01 million shs
Average Volume
17.67 million shs
Market Capitalization
N/A
P/E Ratio
9.63
Dividend Yield
1.35%
Price Target
$3.15

Banco Bradesco MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
42.2% Upside
$3.15 Price Target
Short Interest
Bearish
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.34mentions of Banco Bradesco in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
41.18%
From $0.34 to $0.48 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.

4.13 out of 5 stars

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

BBD Jul 2024 2.500 call
J.P. Morgan’s DIRE Warning
When the largest bank in the U.S. says a crisis is coming - you NEED to listen. The Wall Street Journal warns, "America's bonds are getting harder to sell."
Banco Bradesco: Q1 Earnings Snapshot
Banco Bradesco reports Q1 results
What Wall Street expects from Banco Bradesco's earnings
Itaú Unibanco: Modernizing To Face The Competition
J.P. Morgan’s DIRE Warning
When the largest bank in the U.S. says a crisis is coming - you NEED to listen. The Wall Street Journal warns, "America's bonds are getting harder to sell."
Banco Bradesco S.A. (BBD.BA)
Banco Bradesco DRC (BBD)
Banco Bradesco S.A. (BBD)
Banco Bradesco S/A Pref ADR
Bradesco CEO sees open window for Brazil IPOs in 2024
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Ex-Dividend for 8/8 Dividend
7/03/2024
Today
7/26/2024
Next Earnings (Estimated)
8/01/2024
Ex-Dividend for 9/12 Dividend
8/05/2024
Dividend Payable
8/08/2024
Dividend Payable
9/12/2024
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
$3.15
High Stock Price Target
$3.50
Low Stock Price Target
$2.80
Potential Upside/Downside
+41.9%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$2.85 billion
Pretax Margin
4.19%

Debt

Sales & Book Value

Annual Sales
$39.41 billion
Cash Flow
$0.43 per share
Book Value
$3.14 per share

Miscellaneous

Free Float
N/A
Optionable
Optionable
Beta
0.97

Social Links

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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 Managing 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 Managing Officers & Member of Executive Board
  • Mr. Roberto de Jesus Paris (Age 52)
    Managing 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 recently increased its dividend, offering a monthly dividend of $0.0037 per share, representing a yield of 1.80%. This can provide investors with a steady income stream.
  • The bank reported a return on equity of 9.55% and a net margin of 6.70% in its latest quarterly earnings, indicating strong financial performance.
  • Despite a recent stock price decline, Banco Bradesco's 50-day moving average price is $2.69, potentially signaling a buying opportunity for investors.
  • Several institutional investors have been increasing their holdings in Banco Bradesco, suggesting confidence in the bank's future prospects.
  • Analysts anticipate Banco Bradesco to post earnings per share of 0.34 for the current fiscal year, indicating potential growth.

Cons

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

  • Wall Street analysts have provided mixed ratings on Banco Bradesco, with some downgrades and neutral ratings, indicating uncertainty in the stock's performance.
  • The stock price of Banco Bradesco has experienced a 1.6% decline, reaching $2.46, potentially signaling short-term volatility.
  • The company's debt-to-equity ratio is 0.54, which may pose a risk in case of economic downturns or financial instability.
  • While Banco Bradesco has shown growth potential, the stock's 200-day moving average price is $2.98, indicating a longer-term downward trend.
  • Investors should consider market conditions and economic factors that could impact Banco Bradesco's performance in the near future.
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 Saturday, July 6, 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 on January 1st, 2024. Since then, BBD shares have decreased by 36.7% and is now trading at $2.2150.
View the best growth stocks for 2024 here
.

How were Banco Bradesco's earnings last quarter?

Banco Bradesco S.A. (NYSE:BBD) posted its earnings results on Thursday, May, 2nd. The bank reported $0.08 EPS for the quarter, beating the consensus estimate of $0.07 by $0.01. The bank earned $9.64 billion during the quarter. Banco Bradesco had a trailing twelve-month return on equity of 9.55% and a net margin of 6.70%.

When did Banco Bradesco's stock split?

Banco Bradesco's stock 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.

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 shareholders include Baillie Gifford & Co., Bank of New York Mellon Corp, GAM Holding AG and Atomi Financial Group 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 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 7/26/2024 by MarketBeat.com Staff

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