NYSE:BBD

Banco Bradesco Stock Forecast, Price & News

$4.28

+0.01 (+0.23 %)

(As of 02/26/2021 09:39 AM ET)

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Today's Range

$4.28

Now: $4.28▼

$4.33

50-Day Range

$4.22

MA: $4.77▼

$5.31

52-Week Range

$2.68

Now: $4.28▼

$6.39

Volume152,050 shs

Average Volume28.01 million shs

Market Capitalization$37.82 billion

P/E Ratio11.68

Dividend Yield0.89%

Beta1.05

Banco Bradesco S.A., together with its subsidiaries, provides various banking products and financial services to individuals, corporates, and businesses in Brazil and internationally. It operates through two segments, Banking and Insurance. The company offers checking and savings accounts, demand deposits, time deposits, and interbank deposits. It also provides mutual funds, foreign exchange, overdrafts, credit cards, and personal and housing loans; and auto, health, life, accident, and property insurance products. In addition, the company offers fund management and treasury services; corporate finance; investment banking, asset management and consortium administration; pension plans; brokerage; real estate ventures and capitalization bonds; and hedge and finance products, including working capital financing. Banco Bradesco S.A. was founded in 1943 and is headquartered in Osasco, Brazil.

Headlines

Banco Bradesco (BBD) Moves to Buy: Rationale Behind the Upgrade
February 3, 2021 | finance.yahoo.com

Analyzing Bank Bradesco's Ex-Dividend Date
February 1, 2021 | benzinga.com

Is Banco Bradesco (BBD) a Great Value Stock Right Now?
January 20, 2021 | finance.yahoo.com

ISEC Securitizadora S.A. - 155ª e 156ª Séries da 4ª Emissão de CRI -- Moody's assigns Ba2 / Aa1.br definitive ratings to the 155th and 156th series of the 4th issuance of real estate certificates issued by ISEC Securitizadora S.A.
December 28, 2020 | finance.yahoo.com

ISEC Securitizadora S.A. - 155ª e 156ª Séries da 4ª Emissão de CRI -- Moody's assigns (P)Ba2 / (P)Aa1.br provisional ratings to the 155th and 156th series of the 4th issuance of real estate certificates issued by ISEC Securitizadora S.A.
December 23, 2020 | finance.yahoo.com

Banco Bradesco: On Track For A 2021 Recovery
December 18, 2020 | seekingalpha.com

Is BBD A Good Stock To Buy Now?
December 18, 2020 | finance.yahoo.com

Bullish Two Hundred Day Moving Average Cross - BBD
November 10, 2020 | nasdaq.com

Bank Bradesco SA (BBD) Q3 2020 Earnings Call Transcript
November 7, 2020 | finance.yahoo.com

Banco Bradesco S.A. (BBD) CEO Octavio De Lazari on Q3 2020 Results - Earnings Call Transcript
October 31, 2020 | seekingalpha.com

BBD Jan 2022 3.000 put
October 30, 2020 | finance.yahoo.com

Banco Bradesco S.A.: Headwinds Persist, but Lower Provisioning Drives Strong Third-Quarter Results for Banco Bradesco
October 30, 2020 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange NYSE

Industry State commercial banks

Sub-IndustryN/A

SectorFinance

Current SymbolNYSE:BBD

Previous Symbol

CUSIPN/A

CIK1160330

Webwww.banco.bradesco

Phone55-11-3684-4011

Employees97,329

Year Founded1943

Debt

Debt-to-Equity Ratio2.02

Current Ratio0.73

Quick Ratio0.73

Price-To-Earnings

Trailing P/E Ratio11.68

Forward P/E Ratio12.23

P/E Growth1.55

Sales & Book Value

Annual Sales$32.38 billion

Price / Sales1.17

Cash Flow$0.75 per share

Price / Cash Flow5.71

Book Value$3.86 per share

Price / Book1.11

Profitability

EPS (Most Recent Fiscal Year)$0.71

Net Income$5.72 billion

Net Margins15.08%

Return on Equity14.39%

Return on Assets1.32%

Miscellaneous

Outstanding Shares8,835,530,000

Market Cap$37.82 billion

Next Earnings Date4/29/2021 (Estimated)

OptionableOptionable

MarketRank^™

Overall MarketRank^™

2.06 out of 5 stars

Finance Sector

189th out of 1,931 stocks

State Commercial Banks Industry

35th out of 308 stocks

3.4 Analyst's Opinion

Consensus Rating
Banco Bradesco has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $5.75, Banco Bradesco has a forecasted upside of 32.8% from its current price of $4.33.
Amount of Analyst Coverage
Banco Bradesco has received no research coverage in the past 90 days.

2.1 Community Rank

Outperform Votes
Banco Bradesco has received 319 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Banco Bradesco has received 441 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Banco Bradesco has received 58.03% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Banco Bradesco and other stocks. Vote “Outperform” if you believe BBD will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BBD will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
Banco Bradesco has a dividend yield of 0.89%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Banco Bradesco does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Banco Bradesco is 5.63%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Banco Bradesco will have a dividend payout ratio of 8.00% next year. This indicates that Banco Bradesco will be able to sustain or increase its dividend.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Banco Bradesco insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 2.06% of the stock of Banco Bradesco is held by institutions.

3.1 Earnings and Valuation

Earnings Growth
Earnings for Banco Bradesco are expected to grow by 42.86% in the coming year, from $0.35 to $0.50 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Banco Bradesco is 11.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 32.28.
Price to Earnings Ratio vs. Sector
The P/E ratio of Banco Bradesco is 11.82, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 23.18.
Price to Earnings Growth Ratio
Banco Bradesco has a PEG Ratio of 1.55. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Banco Bradesco has a P/B Ratio of 1.12. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

$4.28

+0.01 (+0.23 %)

(As of 02/26/2021 09:39 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Banco Bradesco (NYSE:BBD) Frequently Asked Questions

Is Banco Bradesco a buy right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Banco Bradesco in the last twelve months. There are currently 1 hold rating and 4 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.

What stocks does MarketBeat like better than Banco Bradesco?

Wall Street analysts have given Banco Bradesco a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Banco Bradesco wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Banco Bradesco?

Banco Bradesco saw a increase in short interest in January. As of January 15th, there was short interest totaling 35,430,000 shares, an increase of 44.5% from the December 31st total of 24,520,000 shares. Based on an average daily volume of 26,640,000 shares, the short-interest ratio is presently 1.3 days.
View Banco Bradesco's Short Interest.

When is Banco Bradesco's next earnings date?

Banco Bradesco is scheduled to release its next quarterly earnings announcement on Thursday, April 29th 2021.
View our earnings forecast for Banco Bradesco.

How were Banco Bradesco's earnings last quarter?

Banco Bradesco S.A. (NYSE:BBD) announced its earnings results on Wednesday, February, 1st. The bank reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.25 by $0.01. The bank had revenue of $12.58 billion for the quarter. Banco Bradesco had a trailing twelve-month return on equity of 14.39% and a net margin of 15.08%.
View Banco Bradesco's earnings history.

How has Banco Bradesco's stock been impacted by Coronavirus (COVID-19)?

Banco Bradesco's stock was trading at $5.26 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, BBD stock has decreased by 17.7% and is now trading at $4.33.
View which stocks have been most impacted by COVID-19.

How often does Banco Bradesco pay dividends? What is the dividend yield for Banco Bradesco?

Banco Bradesco announced a -- dividend on Monday, February 8th. Shareholders of record on Wednesday, March 3rd will be given a dividend of $0.003 per share on Thursday, April 8th. This represents a yield of 3.5%. The ex-dividend date of this dividend is Tuesday, March 2nd.
View Banco Bradesco's dividend history.

Is Banco Bradesco a good dividend stock?

Banco Bradesco pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.89%. The dividend payout ratio of Banco Bradesco is 5.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Banco Bradesco will have a dividend payout ratio of 8.00% next year. This indicates that Banco Bradesco will be able to sustain or increase its dividend.
View Banco Bradesco's dividend history.

What price target have analysts set for BBD?

5 brokers have issued twelve-month price objectives for Banco Bradesco's shares. Their forecasts range from $5.00 to $6.50. On average, they expect Banco Bradesco's stock price to reach $5.75 in the next year. This suggests a possible upside of 32.8% from the stock's current price.
View analysts' price targets for Banco Bradesco or view top-rated stocks among Wall Street analysts.

Who are Banco Bradesco's key executives?

Banco Bradesco's management team includes the following people:

Mr. Octavio de Lazari Jr., Junior, CEO & Member of Board of Exec. Officers (Age 58)
Mr. Carlos Alberto Rodrigues Guilherme, Vice Chairman & Sec. (Age 78)
Mr. Andre Rodrigues Cano, CFO, Exec. VP, IR Officer & Member of Board of Exec. Officers (Age 63)
Mr. Cassiano Ricardo Scarpelli, Exec. VP & Member of Board of Exec. Officers (Age 53)
Mr. Moacir Nachbar Jr., Junior, CSO, Chief Risk Officer, Exec. Managing Officer & Member of Board of Exec. Officers (Age 56)
Mr. Marcelo de Araujo Noronha, Exec. VP & Member of Board of Exec. Officers (Age 56)
Mr. Antonio Jose da Barbara, Exec. Deputy Officer & Member of Board of Exec. Officers (Age 53)
Mr. Jose Ramos Rocha Neto, Exec. Managing Officer & Member of Board of Exec. Officers (Age 53)
Mr. Joao Carlos Gomes da Silva, Exec. Managing Officer & Member of Board of Exec. Officers (Age 60)
Ms. Glaucimar Peticov, Exec. Managing Officer & Member of Board of Exec. Officers (Age 58)

What is Octavio de Lazari's approval rating as Banco Bradesco's CEO?

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.

Who are some of Banco Bradesco's key competitors?

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

What other stocks do shareholders of Banco Bradesco own?

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).

What is Banco Bradesco's stock symbol?

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

Who are Banco Bradesco's major shareholders?

Banco Bradesco's stock is owned by a number of institutional and retail investors. Top institutional investors include Sprucegrove Investment Management Ltd. (0.64%), BlackRock Inc. (0.63%), Vontobel Holding Ltd. (0.55%), Baillie Gifford & Co. (0.38%), Itau Unibanco Holding S.A. (0.28%) and Itau Unibanco Holding S.A. (0.28%).

Which institutional investors are selling Banco Bradesco stock?

BBD stock was sold by a variety of institutional investors in the last quarter, including Credit Suisse AG, INCA Investments LLC, Dimensional Fund Advisors LP, Sumitomo Mitsui Trust Holdings Inc., Aperio Group LLC, Fisher Asset Management LLC, BP PLC, and Northern Trust Corp.

Which institutional investors are buying Banco Bradesco stock?

BBD stock was bought by a variety of institutional investors in the last quarter, including Vontobel Holding Ltd., Sprucegrove Investment Management Ltd., BlackRock Inc., Renaissance Technologies LLC, Oaktree Capital Management LP, Pelham Global Financials Ltd., Canada Pension Plan Investment Board, and Itau Unibanco Holding S.A..

How do I buy shares of Banco Bradesco?

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.
Compare Top Brokerages Here.

What is Banco Bradesco's stock price today?

One share of BBD stock can currently be purchased for approximately $4.33.

How much money does Banco Bradesco make?

Banco Bradesco has a market capitalization of $38.26 billion and generates $32.38 billion in revenue each year. The bank earns $5.72 billion in net income (profit) each year or $0.71 on an earnings per share basis.

How many employees does Banco Bradesco have?

Banco Bradesco employs 97,329 workers across the globe.

When was Banco Bradesco founded?

Banco Bradesco was founded in 1943.

What is Banco Bradesco's official website?

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

Where are Banco Bradesco's headquarters?

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

How can I contact Banco Bradesco?

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]

This page was last updated on 2/26/2021 by MarketBeat.com Staff

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