Banco Bradesco Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Banco Bradesco in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Banco Bradesco stock.
View analyst ratings for Banco Bradesco or view top-rated stocks.

Wall Street analysts have given Banco Bradesco a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Banco Bradesco wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Banco Bradesco is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for Banco Bradesco.

Banco Bradesco S.A. (NYSE:BBD) announced its quarterly earnings results on Monday, May, 3rd. The bank reported $1.34 earnings per share for the quarter, beating analysts' consensus estimates of $0.11 by $1.23. The bank had revenue of $5.52 billion for the quarter, compared to analyst estimates of $4.94 billion. Banco Bradesco had a trailing twelve-month return on equity of 15.57% and a net margin of 18.54%.
View Banco Bradesco's earnings history.

Banco Bradesco's stock was trading at $5.26 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, BBD shares have increased by 4.4% and is now trading at $5.49.
View which stocks have been most impacted by COVID-19.

Banco Bradesco announced a -- dividend on Wednesday, June 9th. Shareholders of record on Tuesday, July 6th will be given a dividend of $0.0038 per share on Monday, August 9th. This represents a yield of 3%. The ex-dividend date of this dividend is Friday, July 2nd. This is a boost from Banco Bradesco's previous -- dividend of $0.00.
View Banco Bradesco's dividend history.

Banco Bradesco pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.74%. The dividend payout ratio of Banco Bradesco is 10.81%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Banco Bradesco will have a dividend payout ratio of 7.27% next year. This indicates that Banco Bradesco will be able to sustain or increase its dividend.
View Banco Bradesco's dividend history.

31 employees have rated Banco Bradesco CEO Octavio de Lazari on Glassdoor.com. Octavio de Lazari has an approval rating of 86% among Banco Bradesco's employees.

Some companies that are related to Banco Bradesco include The Bank of Nova Scotia (BNS), Itaú Unibanco (ITUB), Banco Bradesco (BBDO), The Bank of New York Mellon (BK), SVB Financial Group (SIVB), Deutsche Bank Aktiengesellschaft (DB), State Street (STT), Fifth Third Bancorp (FITB), Northern Trust (NTRS), Citizens Financial Group (CFG), Ally Financial (ALLY), M&T Bank (MTB), Signature Bank (SBNY), East West Bancorp (EWBC) and Western Alliance Bancorporation (WAL).
View all of BBD's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other 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), Citigroup (C), Energy Transfer (ET), Applied Materials (AMAT) and AT&T (T).

Banco Bradesco trades on the New York Stock Exchange (NYSE) under the ticker symbol "BBD."

Banco Bradesco's stock is owned by a variety of retail and institutional investors. Top institutional investors include Standard Life Aberdeen plc (0.86%), Sprucegrove Investment Management Ltd. (0.63%), BlackRock Inc. (0.55%), Lazard Asset Management LLC (0.51%), Vontobel Holding Ltd. (0.51%) and Baillie Gifford & Co. (0.42%).

BBD stock was sold by a variety of institutional investors in the last quarter, including Itau Unibanco Holding S.A., Arrowstreet Capital Limited Partnership, Renaissance Technologies LLC, Millennium Management LLC, Canada Pension Plan Investment Board, BNP Paribas Arbitrage SA, Earnest Partners LLC, and BlackRock Inc..

BBD stock was acquired by a variety of institutional investors in the last quarter, including Lazard Asset Management LLC, Baillie Gifford & Co., Morgan Stanley, Sprucegrove Investment Management Ltd., UBS Asset Management Americas Inc., Black Creek Investment Management Inc., DnB Asset Management AS, and Man Group plc.

Shares of BBD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BBD stock can currently be purchased for approximately $5.49.

Banco Bradesco has a market capitalization of $53.36 billion and generates $19.38 billion in revenue each year. The bank earns $3.21 billion in net income (profit) each year or $0.37 on an earnings per share basis.

Banco Bradesco employs 89,575 workers across the globe.

Banco Bradesco was founded in 1943.

The official website for Banco Bradesco is www.banco.bradesco.

Banco Bradesco is headquartered at CIDADE DE DEUS S/N VILA YARA, OSASCO D5, 06029-900.

Banco Bradesco's mailing address is CIDADE DE DEUS S/N VILA YARA, OSASCO D5, 06029-900. The bank can be reached via phone at 55-11-3684-4011 or via email at [email protected]