NYSE:BBDBanco Bradesco Stock Price, Forecast & News

$3.35

+0.04 (+1.21 %)

(As of 05/25/2020 12:54 PM ET)

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Today's Range

$3.24

Now: $3.35▼

$3.40

50-Day Range

$2.87

MA: $3.52▼

$4.38

52-Week Range

$2.68

Now: $3.35▼

$9.59

Volume20.16 million shs

Average Volume21.95 million shs

Market Capitalization$29.60 billion

P/E Ratio6.06

Dividend Yield0.93%

Beta1.01

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.

Beat the Market (BTM) Rank^™

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 potential upside of 71.6% from its current price of $3.35.
Amount of Analyst Coverage
Banco Bradesco has only been the subject of 2 research reports in the past 90 days.

2.1 Community Rank

Outperform Votes
Banco Bradesco has received 314 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Banco Bradesco has received 429 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Banco Bradesco has received 57.74% “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.

4.2 Dividend Strength

Dividend Leadership
Banco Bradesco is a leading dividend payer. It pays a dividend yield of 0.93%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Banco Bradesco has been increasing its dividend for 6 years.
Dividend Coverage
The dividend payout ratio of Banco Bradesco is 4.23 %. 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 6.12 % 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 2.16% 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 22.50% in the coming year, from $0.40 to $0.49 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Banco Bradesco is 6.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 13.79.
Price to Earnings Ratio vs. Sector
The P/E ratio of Banco Bradesco is 6.06, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 15.61.
Price to Earnings Growth Ratio
Banco Bradesco has a PEG Ratio of 5.17. 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 0.87. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.56 out of 5 stars

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

Debt

Debt-to-Equity Ratio1.73

Current Ratio1.63

Quick Ratio1.63

Price-To-Earnings

Trailing P/E Ratio6.06

Forward P/E Ratio8.38

P/E Growth5.17

Sales & Book Value

Annual Sales$32.38 billion

Price / Sales0.91

Cash Flow$0.88 per share

Price / Cash Flow3.80

Book Value$3.86 per share

Price / Book0.87

Profitability

EPS (Most Recent Fiscal Year)$0.71

Net Income$5.72 billion

Net Margins16.31%

Return on Equity17.35%

Return on Assets1.70%

Miscellaneous

Employees98,605

Outstanding Shares8,835,530,000

Market Cap$29.60 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 (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, BBD stock has decreased by 36.3% and is now trading at $3.35. View which stocks have been most impacted by Coronavirus.

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

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Banco Bradesco in the last year. There are currently 1 hold rating 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) issued its quarterly earnings data on Wednesday, February, 1st. The bank reported $0.24 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.25 by $0.01. The bank had revenue of $12.58 billion for the quarter. Banco Bradesco had a net margin of 16.31% and a return on equity of 17.35%. View Banco Bradesco's earnings history.

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

Banco Bradesco announced a monthly dividend on Friday, May 22nd. Shareholders of record on Wednesday, June 3rd will be paid a dividend of $0.0033 per share on Monday, July 13th. This represents a $0.04 annualized dividend and a dividend yield of 1.19%. The ex-dividend date of this dividend is Tuesday, June 2nd. This is a positive change from Banco Bradesco's previous monthly dividend of $0.00. View Banco Bradesco's dividend history.

What price target have analysts set for BBD?

5 equities research analysts have issued 12 month 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 twelve months. This suggests a possible upside of 71.6% from the stock's current price. View analysts' price targets for Banco Bradesco.

Has Banco Bradesco been receiving favorable news coverage?

Media stories about BBD stock have trended somewhat positive recently, according to InfoTrie. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Banco Bradesco earned a media sentiment score of 1.5 on InfoTrie's scale. They also gave media stories about the bank a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutBanco Bradesco.

Who are some of Banco Bradesco's key competitors?

Some companies that are related to Banco Bradesco include SBERBANK RUSSIA/S (SBRCY), Bank of Nova Scotia (BNS), Itau Unibanco (ITUB), Bank of New York Mellon (BK), BANCO BRADESCO/S (BBDO), State Street (STT), Northern Trust (NTRS), Deutsche Bank (DB), M&T Bank (MTB), Fifth Third Bancorp (FITB), SVB Financial Group (SIVB), Citizens Financial Group (CFG), Commerce Bancshares (CBSH), Ally Financial (ALLY) and Prosperity Bancshares (PB). View all 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 number 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, Fisher Asset Management LLC, BlackRock Inc., Massachusetts Financial Services Co. MA, Russell Investments Group Ltd., Invesco Ltd., AQR Capital Management LLC, and ClariVest Asset Management LLC.

Which major investors are buying Banco Bradesco stock?

BBD stock was bought 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 $3.35.

How big of a company is Banco Bradesco?

Banco Bradesco has a market capitalization of $29.60 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 5/25/2020 by MarketBeat.com Staff