Banco Bradesco S.A. (BBD) 10-Year Financial Performance & Capital Metrics

BBD • • Banking & Credit

Financial ServicesRegional BanksInternational & Latin American BankingLatin American Retail Banking

AboutBanco 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 segment, 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; debit and business cards; financial and security services; consortium products; auto, personal accident, dental, travel, and life insurance; investment products; pension products; real estate and vehicle auctions; cash management, and foreign trade and exchange services; capitalization bonds; and internet banking services. Banco Bradesco S.A. was founded in 1943 and is headquartered in Osasco, Brazil.Show more

Net Interest Income $67.45B +22.5%
Total Revenue $249.61B -2.0%
Net Income $17.25B +21.1%
Return on Equity 10.27% +17.8%
Net Interest Margin 3.26% +14.1%
Efficiency Ratio 24.76% +8.8%
ROA 0.86% +12.7%
Equity / Assets 8.16% -5.8%
Book Value per Share 15.92 +1.4%
Tangible BV/Share 13.68 +0.5%
Debt/Equity 4.08 +89.6%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Efficient operations: 24.8% efficiency ratio
✓Trading at only 0.2x book value

✗Weaknesses

✗High debt to equity ratio of 4.1x

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y7.43%

5Y9.59%

3Y16.58%

TTM-

Profit (Net Income) CAGR

10Y1.2%

5Y-3.88%

3Y-9.36%

TTM46.6%

EPS CAGR

10Y9.14%

5Y-5.03%

3Y-6.12%

TTM46.72%

ROCE

10Y Avg1.38%

5Y Avg1.07%

3Y Avg1.03%

Latest1.11%

Peer Comparison

Latin American Retail Banking

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
FBPFirst BanCorp.	3.39B	21.44	11.85	6.16%	25.04%	16.62%	11.64%	0.34
OFGOFG Bancorp	1.84B	41.92	9.91	13%	24.09%	14.59%	11.44%	0.34
BSBRBanco Santander (Brasil) S.A.	46.17B	6.18	7.10	6.31%	10.36%	7.84%		1.13
BAPCredicorp Ltd.	25.3B	318.78	4.61	6.4%	20.38%	17.35%	53.01%	1.07
IFSIntercorp Financial Services Inc.	5.01B	45.00	3.95	0.75%	14.68%	16.41%		1.08
INTRInter & Co, Inc.	2.63B	8.15	3.94	27.12%	9.34%	12.37%	100%	1.31
BBDBanco Bradesco S.A.	18.54B	3.51	2.15	-2%	6.91%	12.1%		4.08
ITUBItaú Unibanco Holding S.A.	40.24B	7.44	1.97	6.27%	12.61%	19.74%		4.09

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Net Interest Income+	55.64B	56.66B	50.64B	66.81B	65.8B	71.17B	83.1B	69.81B	55.08B	67.45B
NII Growth %	0.11%	0.02%	-0.11%	0.32%	-0.02%	0.08%	0.17%	-0.16%	-0.21%	0.22%
Net Interest Margin %	-	-	-	-	-	-	-	-	-	-
Interest Income	127.05B	147.7B	126.23B	122.05B	124.42B	119.74B	138.22B	200.61B	211.46B	211.73B
Interest Expense	71.41B	91.04B	75.59B	55.24B	58.62B	48.58B	55.12B	130.8B	156.38B	144.28B
Loan Loss Provision	14.72B	15.35B	16.86B	15.09B	12.53B	18.71B	9.36B	26.35B	30.18B	26.64B
Non-Interest Income+	10.87B	39.71B	40.55B	21.98B	33.48B	11.2B	19.33B	39.04B	43.25B	37.88B
Non-Interest Income %	-	-	-	-	-	-	-	-	-	-
Total Revenue+	137.92B	187.41B	166.78B	144.04B	157.9B	130.94B	157.55B	239.65B	254.71B	249.61B
Revenue Growth %	0.13%	0.36%	-0.11%	-0.14%	0.1%	-0.17%	0.2%	0.52%	0.06%	-0.02%
Non-Interest Expense	42.18B	49.12B	50.59B	54.26B	73.37B	59.58B	60.22B	57.88B	57.95B	61.79B
Efficiency Ratio	-	-	-	-	-	-	-	-	-	-
Operating Income+	9.6B	31.91B	23.74B	19.44B	13.38B	4.08B	32.85B	24.62B	10.21B	16.9B
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	-0.5%	2.32%	-0.26%	-0.18%	-0.31%	-0.7%	7.06%	-0.25%	-0.59%	0.66%
Pretax Income+	9.6B	31.91B	23.74B	19.44B	13.38B	4.08B	32.85B	24.62B	10.21B	16.9B
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	-8.63B	13.91B	6.43B	2.69B	-7.79B	-11.96B	9.47B	3.16B	-4.29B	-641.64M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	18.13B	17.89B	17.09B	16.58B	21.02B	15.84B	23.17B	21.22B	14.25B	17.25B
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	0.18%	-0.01%	-0.04%	-0.03%	0.27%	-0.25%	0.46%	-0.08%	-0.33%	0.21%
Net Income (Continuing)	18.24B	17.99B	17.31B	16.75B	21.17B	16.03B	23.38B	21.46B	14.5B	17.54B
EPS (Diluted)+	1.62	3.34	3.19	1.55	2.11	1.48	1.97	1.99	1.34	1.63
EPS Growth %	1.38%	1.06%	-0.04%	-0.51%	0.36%	-0.3%	0.33%	0.01%	-0.33%	0.22%
EPS (Basic)	1.62	3.34	3.19	1.55	2.11	1.48	1.97	1.99	1.34	1.63
Diluted Shares Outstanding	5.36B	5.36B	5.36B	10.69B	10.69B	10.69B	11.74B	10.66B	10.64B	10.61B

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash & Short Term Investments+	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Cash & Due from Banks	17.3B	14.52B	15.03B	19.61B	18.99B	23.85B	21.28B	28.55B	171.84B	168.36B
Short Term Investments	0	0	0	0	0	0	0	0	1000K	1000K
Total Investments+	0	0	0	0	0	1.01T	1.15T	1.13T	1.3T	1.42T
Investments Growth %	-	-	-	-	-	-	0.13%	-0.02%	0.15%	0.09%
Long-Term Investments	0	0	0	0	0	1.01T	1.15T	1.13T	1.14T	1.29T
Accounts Receivables	0	0	0	0	0	1000K	1000K	1000K	1000K	1000K
Goodwill & Intangibles+	-	-	-	-	-	-	-	-	-	-
Goodwill	723.53M	4.95B	4.95B	5.58B	5.33B	7.09B	6.05B	6.54B	6.6B	6.73B
Intangible Assets	6.69B	10.85B	11.23B	10.55B	9.4B	7.58B	8.86B	12.26B	15.53B	17.02B
PP&E (Net)	5.5B	8.4B	8.43B	8.83B	14.66B	14.07B	13.51B	11.97B	11.12B	10.22B
Other Assets	996.49B	1.15T	1.18T	1.26T	1.33T	539.68B	478.69B	604.89B	623.67B	313.17B
Total Current Assets	17.3B	14.52B	15.03B	19.61B	18.99B	23.85B	21.28B	28.55B	41.54B	329.52B
Total Non-Current Assets	1.01T	1.18T	1.21T	1.29T	1.36T	1.58T	1.65T	1.76T	1.89T	1.74T
Total Assets+	1.03T	1.19T	1.22T	1.31T	1.38T	1.6T	1.68T	1.79T	1.93T	2.07T
Asset Growth %	0.1%	0.16%	0.03%	0.07%	0.06%	0.16%	0.04%	0.07%	0.08%	0.07%
Return on Assets (ROA)	0.02%	0.02%	0.01%	0.01%	0.02%	0.01%	0.01%	0.01%	0.01%	0.01%
Accounts Payable	0	0	0	0	0	0	0	0	0	0
Total Debt+	191.15B	176.63B	158.91B	200.11B	200.66B	181.72B	284.55B	338.99B	359.49B	689.53B
Net Debt	173.85B	162.11B	143.88B	180.49B	181.67B	157.88B	263.27B	310.44B	187.64B	521.17B
Long-Term Debt	191.15B	211.22B	192.92B	217.92B	235.47B	181.72B	234.28B	344.63B	355.44B	403.33B
Short-Term Debt	0	0	0	0	0	0	0	222.69B	272.4B	283.05B
Other Liabilities	547.35B	639.39B	912.89B	962.61B	1T	1.28T	419.2B	1.28T	1.45T	553.73B
Total Current Liabilities	5.15B	6.16B	5.99B	6.72B	3.11B	6.01B	3.04B	7.88B	8.84B	938.67B
Total Non-Current Liabilities	930.64B	1.08T	1.1T	1.17T	1.24T	1.45T	658.35B	1.62T	1.82T	961.87B
Total Liabilities	935.79B	1.09T	1.11T	1.18T	1.24T	1.46T	1.53T	1.63T	1.76T	1.9T
Total Equity+	90.91B	105.48B	117.69B	124.68B	135.54B	146.12B	150.23B	160.01B	167.01B	168.94B
Equity Growth %	0.1%	0.16%	0.12%	0.06%	0.09%	0.08%	0.03%	0.07%	0.04%	0.01%
Equity / Assets (Capital Ratio)	-	-	-	-	-	-	-	-	-	-
Return on Equity (ROE)	0.21%	0.18%	0.15%	0.14%	0.16%	0.11%	0.16%	0.14%	0.09%	0.1%
Book Value per Share	16.97	19.68	21.96	11.66	12.68	13.67	12.80	15.01	15.69	15.92
Tangible BV per Share	-	-	-	-	-	-	-	-	-	-
Common Stock	43.1B	51.1B	59.1B	67.1B	75.1B	79.1B	83.1B	87.1B	87.1B	87.1B
Additional Paid-in Capital	70.5M	70.5M	70.5M	70.5M	70.5M	70.5M	70.5M	70.5M	70.5M	70.5M
Retained Earnings	52.02B	54.94B	56.82B	55.3B	52.46B	58.75B	68.24B	73.27B	75.96B	82.02B
Accumulated OCI	-3.97B	-362.74M	1.85B	2.24B	7.91B	8.14B	-969.6M	-682.31M	79.93B	-214.67M
Treasury Stock	-431.05M	-440.51M	-440.51M	-440.51M	-440.51M	-440.51M	-666.7M	-224.38M	0	-568.73M
Preferred Stock	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-61.35B	53.96B	35.55B	-6.5B	-19.45B	142.43B	-102B	41.77B	-177.63M	-91.33B
Operating CF Growth %	-1.76%	1.88%	-0.34%	-1.18%	-1.99%	8.32%	-1.72%	1.41%	-1%	-513.14%
Net Income	9.6B	31.91B	23.74B	19.44B	13.38B	4.08B	32.85B	24.21B	10.21B	17.25B
Depreciation & Amortization	2.94B	3.66B	4.57B	4.81B	5.87B	5.92B	5.77B	5.66B	6.52B	6.73B
Deferred Taxes	0	0	0	0	0	0	0	0	0	0
Other Non-Cash Items	59.64B	72.86B	78.25B	74.58B	86.53B	93.52B	78.67B	79.57B	82.81B	92.89B
Working Capital Changes	-133.54B	-54.46B	-71.01B	-105.33B	-125.23B	38.92B	-219.29B	-67.68B	-99.72B	-208.2B
Cash from Investing+	-11.96B	9.15B	-18.23B	-34.49B	-15.33B	20.46B	-19.31B	-17.78B	83.61B	-5.01B
Purchase of Investments	-62.13B	-108.67B	-114.47B	-174.21B	-137.59B	-103.67B	-209.09B	-234.53B	-109.3B	-158.37B
Sale/Maturity of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Net Investment Activity	-	-	-	-	-	-	-	-	-	-
Acquisitions	12.19B	-7.19B	0	-442.12M	6.89B	-3.17B	-183.17M	-623.97M	-84.77M	-211.14M
Other Investing	2.71B	14.41B	11.16B	19.95B	3.31B	23.14B	19.7B	52.48B	41.32B	22.7B
Cash from Financing+	12.99B	-23.52B	-43.3B	-5.6B	-14.32B	-36.41B	-1.61B	21.92B	-23.06B	117.88B
Dividends Paid	-4.88B	-5.56B	0	-6.48B	-17.75B	-1.43B	-9.91B	-3.66B	-8.93B	-6.54B
Share Repurchases	-133.03M	-9.47M	0	0	0	0	-666.7M	-224.38M	0	-568.73M
Stock Issued	0	0	0	0	0	0	0	0	0	0
Net Stock Activity	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	1000K	1000K	-1000K	1000K	1000K	-1000K	1000K	1000K	1000K	1000K
Other Financing	-11.2B	-20.55B	-30.98B	-17.04B	-17.06B	-10.15B	-9.36B	-14.75B	-28.26B	124.7B
Net Change in Cash+	-57.41B	33.97B	-25.18B	-45.83B	-48.35B	128.94B	-119.43B	46.8B	60.61B	21.23B
Exchange Rate Effect	1000K	-1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	-1000K
Cash at Beginning	204.67B	147.26B	181.23B	156.05B	110.23B	61.88B	190.82B	71.39B	126.19B	186.79B
Cash at End	147.26B	181.23B	156.05B	110.23B	61.88B	190.82B	71.39B	118.18B	186.79B	208.02B
Interest Paid	0	0	0	0	0	0	0	0	0	97.17B
Income Taxes Paid	0	0	0	0	0	0	0	0	0	0
Free Cash Flow+	-65.51B	48.84B	29.91B	-11.94B	-24.78B	138.17B	-106.41B	32.35B	-9.32B	-93.62B
FCF Growth %	-1.84%	1.75%	-0.39%	-1.4%	-1.08%	6.58%	-1.77%	1.3%	-1.29%	-9.05%

Banking Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	20.94%	18.22%	15.31%	13.68%	16.16%	11.25%	15.64%	13.68%	8.72%	10.27%
Return on Assets (ROA)	1.85%	1.61%	1.41%	1.31%	1.57%	1.06%	1.41%	1.22%	0.77%	0.86%
Net Interest Margin	5.42%	4.75%	4.14%	5.12%	4.77%	4.44%	4.96%	3.9%	2.86%	3.26%
Efficiency Ratio	30.58%	26.21%	30.33%	37.67%	46.47%	45.5%	38.22%	24.15%	22.75%	24.76%
Equity / Assets	8.86%	8.85%	9.61%	9.55%	9.83%	9.11%	8.97%	8.93%	8.66%	8.16%
Book Value / Share	16.97	19.68	21.96	11.66	12.68	13.67	12.8	15.01	15.69	15.92
NII Growth	11.17%	1.85%	-10.62%	31.92%	-1.51%	8.16%	16.77%	-15.99%	-21.1%	22.46%
Dividend Payout	27.62%	31.36%	-	39.43%	84.44%	9.04%	42.79%	17.23%	62.65%	37.92%

Frequently Asked Questions

Valuation & Price

Banco Bradesco S.A. (BBD) has a price-to-earnings (P/E) ratio of 2.2x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Banco Bradesco S.A. (BBD) saw revenue decline by 2.0% over the past year.

Yes, Banco Bradesco S.A. (BBD) is profitable, generating $21.32B in net income for fiscal year 2024 (6.9% net margin).

Dividend & Returns

Yes, Banco Bradesco S.A. (BBD) pays a dividend with a yield of 17.56%. This makes it attractive for income-focused investors.

Banco Bradesco S.A. (BBD) has a return on equity (ROE) of 10.3%. This is reasonable for most industries.

Industry Metrics

Banco Bradesco S.A. (BBD) has a net interest margin (NIM) of 3.3%. This indicates healthy earnings from lending activities.

Banco Bradesco S.A. (BBD) has an efficiency ratio of 24.8%. This is excellent, indicating strong cost control.

US Stock Screener

...