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NYSE:BBDBanco Bradesco Stock Price, Forecast & News

$3.97
+0.33 (+9.07 %)
(As of 06/2/2020 04:00 PM ET)
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Today's Range
$3.78
Now: $3.97
$3.97
50-Day Range
$2.87
MA: $3.41
$4.38
52-Week Range
$2.68
Now: $3.97
$9.59
Volume18.02 million shs
Average Volume20.87 million shs
Market Capitalization$35.08 billion
P/E Ratio7.18
Dividend Yield0.85%
Beta0.99
Banco Bradesco S.A., together with its subsidiaries, provides banking and financial products and services to individuals, corporates, and businesses in Brazil and internationally. It operates through two segments, Banking and Insurance. The company accepts checking and savings accounts, demand deposits, time deposits, and interbank deposits. The company's loan products include direct to consumer loans and leasing facilities to purchase light vehicles, heavy vehicles, and motorcycles; payroll-deducted loans for public pensioners and civil servants; housing loans and working capital loans; and overdrafts and credit cards. It also provides fund management and treasury services, foreign exchange operations, corporate finance, and investment banking services; hedge and finance operations; and insurance products, which include automobile, health, life, accident, and property insurance, as well as pension plans, real estate ventures, and capitalization bonds. In addition, the company offers mutual funds, leasing, asset management and administration, international banking, consortium administration, debit cards, telephone, and Internet banking services. It operates through a network of 4,617 branches, including 1 branch each in New York, Grand Cayman, and London; 76,200 service units; and 58,100 ATMs. Banco Bradesco S.A. was founded in 1943 and is headquartered in Osasco, Brazil.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.1Dividend Strength: 4.2Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.42 out of 5 stars


Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone55-11-3684-4011

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$32.38 billion
Cash Flow$0.96 per share
Book Value$3.86 per share

Profitability

Net Income$5.72 billion

Miscellaneous

Employees98,605
Outstanding Shares8,835,530,000
Market Cap$35.08 billion
Next Earnings Date7/24/2020 (Estimated)
OptionableOptionable

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Banco Bradesco (NYSE:BBD) Frequently Asked Questions

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

Banco Bradesco's stock was trading at $5.26 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, BBD shares have decreased by 24.5% and is now trading at $3.97. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Banco Bradesco?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Banco Bradesco in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Banco Bradesco.

When is Banco Bradesco's next earnings date?

Banco Bradesco is scheduled to release its next quarterly earnings announcement on Friday, July 24th 2020. View our earnings forecast for Banco Bradesco.

How were Banco Bradesco's earnings last quarter?

Banco Bradesco SA (NYSE:BBD) released its quarterly earnings data on Wednesday, February, 1st. The bank reported $0.24 EPS for the quarter, missing the consensus estimate of $0.25 by $0.01. The bank earned $12.58 billion during the quarter. Banco Bradesco had a return on equity of 17.35% and a net margin of 16.31%. View Banco Bradesco's earnings history.

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

Banco Bradesco declared a monthly dividend on Friday, May 22nd. Stockholders of record on Wednesday, June 3rd will be given a dividend of $0.0033 per share on Monday, July 13th. This represents a $0.04 annualized dividend and a yield of 1.01%. The ex-dividend date of this dividend is Tuesday, June 2nd. This is an increase from Banco Bradesco's previous monthly dividend of $0.00. View Banco Bradesco's dividend history.

What price target have analysts set for BBD?

6 equities research analysts have issued 1 year price objectives for Banco Bradesco's stock. 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 44.8% from the stock's current price. View analysts' price targets for Banco Bradesco.

Has Banco Bradesco been receiving favorable news coverage?

Media coverage about BBD stock has been trending very negative recently, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Banco Bradesco earned a news sentiment score of -3.0 on InfoTrie's scale. They also gave news headlines about the bank a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutBanco Bradesco.

Who are some of Banco Bradesco's key 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), Bombardier (BDRBF), PETROLEO BRASIL/ADR (PBR), Vale (VALE), Bank of America (BAC), General Electric (GE), AT&T (T), Citigroup (C), Itau Unibanco (ITUB) and Walmart (WMT).

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 56)
  • Mr. Carlos Alberto Rodrigues Guilherme, Vice Chairman & Sec. (Age 76)
  • Mr. André Rodrigues Cano, CFO, Exec. VP, Investor Relations Officer & Vice-Pres Director (Age 61)
  • Mr. Cassiano Ricardo Scarpelli, Exec. VP & Member of Board of Exec. Officers (Age 51)
  • Mr. Moacir Nachbar Jr., Junior, Chief Risk Officer, Exec. Managing Officer & Member of Board of Exec. Officers (Age 54)

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 variety of institutional and retail investors. Top institutional shareholders include Fisher Asset Management LLC (0.48%), BlackRock Inc. (0.39%), Baillie Gifford & Co. (0.33%), Franklin Resources Inc. (0.33%), Invesco Ltd. (0.27%) and State Street Corp (0.25%).

Which major investors are selling Banco Bradesco stock?

BBD stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Fisher Asset Management LLC, BlackRock Inc., Massachusetts Financial Services Co. MA, Russell Investments Group Ltd., Invesco Ltd., and AQR Capital Management LLC.

Which major investors are buying Banco Bradesco stock?

BBD stock was purchased by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Sagil Capital LLP, INCA Investments LLC, Bessemer Group Inc., SPX Equities Gestao de Recursos Ltda, State Street Corp, Voloridge Investment Management LLC, and GW&K Investment Management LLC.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Banco Bradesco's stock price today?

One share of BBD stock can currently be purchased for approximately $3.97.

How big of a company is Banco Bradesco?

Banco Bradesco has a market capitalization of $35.08 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. Banco Bradesco employs 98,605 workers across the globe.

What is Banco Bradesco's official website?

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

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 6/3/2020 by MarketBeat.com Staff

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