Banco Bradesco S.A. (BBD) Financial Ratios
25 years of historical data (2001–2025) · Financial Services · Banks - Regional
EV/EBITDA
↑
N/A
—
5yr avg: 13.84
30Y Low2.1·High22.9
P/FCF
N/A
—
5yr avg: 0.95
30Y Low0.3·High6.6
P/B Ratio
↓
1.13
↑+478% vs avg
5yr avg: 0.19
30Y Low0.1·High1.9
ROE
↓
13.3%
↓+8% vs avg
5yr avg: 12.3%
30Y Low9%·High35%
Debt/EBITDA
↑
N/A
—
5yr avg: 17.31
30Y Low3.1·High29.2
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
BBD Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Banco Bradesco S.A. trades at 8.7x earnings, 422% above its 5-year average of 1.7x, sitting at the 100th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.4x, the stock trades at a discount of 35%.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $40.8B | $35.2B | $20.3B | $37.2B | $30.7B | $36.5B | $46.5B | $71.8B | $66.2B | $31.2B | $24.2B |
| Enterprise Value | $169.9B | $672.8B | $541.4B | $224.9B | $341.1B | $299.8B | $204.4B | $253.5B | $246.7B | $175.1B | $186.3B |
| P/E Ratio → | 8.70 | 1.52 | 1.17 | 2.61 | 1.45 | 1.58 | 2.94 | 3.18 | 3.99 | 1.83 | 1.35 |
| P/S Ratio | 0.59 | 0.10 | 0.08 | 0.15 | 0.13 | 0.23 | 0.36 | 0.45 | 0.46 | 0.19 | 0.13 |
| P/B Ratio | 1.13 | 0.20 | 0.12 | 0.22 | 0.19 | 0.24 | 0.32 | 0.53 | 0.53 | 0.27 | 0.23 |
| P/FCF | — | — | — | — | 0.95 | — | 0.34 | — | — | 1.04 | 0.49 |
| P/OCF | — | — | — | — | 0.73 | — | 0.33 | — | — | 0.88 | 0.45 |
P/E links to full P/E history page with 30-year chart
BBD EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.97 | 2.17 | 0.88 | 1.42 | 1.90 | 1.56 | 1.61 | 1.71 | 1.05 | 0.99 |
| EV / EBITDA | — | — | 22.91 | 13.44 | 11.26 | 7.76 | 20.45 | 13.17 | 10.17 | 6.19 | 5.24 |
| EV / EBIT | — | — | 32.04 | 22.03 | 13.85 | 9.12 | 50.15 | 18.95 | 12.69 | 7.38 | 5.84 |
| EV / FCF | — | — | — | — | 10.54 | — | 1.48 | — | — | 5.85 | 3.81 |
BBD Profitability
Margins and return-on-capital ratios measuring operating efficiency
Banco Bradesco S.A. earns an operating margin of -1.1%, below the Financial Services sector average of 21.2%. Operating margins have compressed from 4.0% to -1.1% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 13.3% is modest.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 34.6% | 34.6% | 31.5% | 26.8% | 34.4% | 59.1% | 48.6% | 54.9% | 51.2% | 44.6% | 43.2% |
| Operating Margin | -1.1% | -1.1% | 6.8% | 4.0% | 10.3% | 20.9% | 3.1% | 8.5% | 13.5% | 14.2% | 17.0% |
| Net Profit Margin | 6.8% | 6.8% | 6.9% | 5.6% | 8.9% | 14.7% | 12.1% | 13.3% | 11.5% | 10.2% | 9.5% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 13.3% | 13.3% | 10.3% | 8.7% | 13.7% | 15.6% | 11.2% | 16.2% | 13.7% | 15.3% | 18.2% |
| ROA | 1.1% | 1.1% | 0.9% | 0.8% | 1.2% | 1.4% | 1.1% | 1.6% | 1.3% | 1.4% | 1.6% |
| ROIC | -0.3% | -0.3% | 1.8% | 1.5% | 4.0% | 6.5% | 0.9% | 3.0% | 4.8% | 6.4% | 8.5% |
| ROCE | -0.3% | -0.3% | 1.1% | 0.6% | 1.4% | 2.0% | 0.3% | 1.0% | 1.5% | 2.0% | 2.9% |
BBD Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Net debt stands at $637.5B ($798.4B total debt minus $160.8B cash).
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 4.46 | 4.46 | 4.08 | 2.15 | 2.12 | 1.89 | 1.24 | 1.48 | 1.61 | 1.35 | 1.67 |
| Debt / EBITDA | — | — | 29.17 | 21.49 | 11.19 | 7.37 | 18.18 | 10.43 | 8.25 | 5.61 | 4.97 |
| Net Debt / Equity | — | 3.56 | 3.08 | 1.12 | 1.94 | 1.75 | 1.08 | 1.34 | 1.45 | 1.22 | 1.54 |
| Net Debt / EBITDA | — | — | 22.05 | 11.22 | 10.25 | 6.82 | 15.79 | 9.44 | 7.44 | 5.08 | 4.56 |
| Debt / FCF | — | — | — | — | 9.59 | — | 1.14 | — | — | 4.81 | 3.32 |
| Interest Coverage | -0.03 | -0.03 | 0.12 | 0.07 | 0.19 | 0.60 | 0.08 | 0.23 | 0.35 | 0.31 | 0.35 |
BBD Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.22x is below 1.0, meaning current liabilities exceed current assets — though the company's $160.8B cash position helps mitigate short-term liquidity concerns. The current ratio has declined from 4.70x to 0.22x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.22 | 0.22 | 0.35 | 4.70 | 3.62 | 7.00 | 3.97 | 6.11 | 2.92 | 2.51 | 2.36 |
| Quick Ratio | 0.22 | 0.22 | 0.35 | 4.70 | 3.62 | 7.00 | 3.97 | 6.11 | 2.92 | 2.51 | 2.36 |
| Cash Ratio | 0.14 | 0.14 | 0.18 | 19.44 | 3.62 | 7.00 | 3.97 | 6.11 | 2.92 | 2.51 | 2.36 |
| Asset Turnover | — | 0.15 | 0.12 | 0.13 | 0.13 | 0.09 | 0.08 | 0.11 | 0.11 | 0.14 | 0.16 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
BBD Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Banco Bradesco S.A. returns 6.0% to shareholders annually — split between a 5.9% dividend yield and 0.1% buyback yield. A payout ratio of 51.0% is moderate and appears sustainable, balancing shareholder returns with reinvestment capacity. The earnings yield of 11.5% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 5.9% | 33.6% | 32.3% | 24.0% | 11.9% | 27.2% | 3.1% | 24.7% | 9.9% | — | 23.2% |
| Payout Ratio | 51.0% | 51.0% | 37.9% | 62.6% | 17.2% | 42.8% | 9.0% | 84.4% | 39.4% | — | 31.4% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 11.5% | 65.8% | 85.3% | 38.3% | 69.1% | 63.3% | 34.0% | 31.4% | 25.0% | 54.7% | 74.1% |
| FCF Yield | — | — | — | — | 105.4% | — | 297.1% | — | — | 95.7% | 202.1% |
| Buyback Yield | 0.1% | 0.6% | 2.8% | 0.0% | 0.7% | 1.8% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 6.0% | 34.2% | 35.1% | 24.0% | 12.6% | 29.0% | 3.1% | 24.7% | 9.9% | 0.0% | 23.3% |
| Shares Outstanding | — | $10.6B | $10.6B | $10.6B | $10.7B | $11.7B | $10.7B | $10.7B | $10.7B | $5.4B | $5.4B |
Peer Comparison
Compare BBD with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 BBDYou | $41B | 8.7 | — | — | 34.6% | -1.1% | 13.3% | -0.3% | — |
 ITUB | $93B | 10.6 | 20.9 | 3.6 | 34.5% | 13.1% | 20.6% | 3.2% | 17.6 |
 BSBR | $45B | 18.1 | 7.7 | 165.5 | 27.5% | 11.0% | 10.4% | 4.9% | 6.7 |
 ABEV | $54B | 17.1 | 8.6 | 13.3 | 51.4% | 25.3% | 16.5% | 22.3% | 0.2 |
 GGB | $10B | 35.3 | 6.1 | 37.4 | 11.4% | 8.4% | 2.5% | 6.8% | 1.6 |
 SID | $2B | -6.0 | 5.5 | 2.9 | 26.8% | 9.1% | -14.7% | 6.1% | 7.3 |
 BAC | $408B | 14.0 | 14.8 | 32.3 | 55.4% | 18.5% | 10.2% | 3.2% | 10.0 |
 C | $223B | 21.4 | 25.1 | — | 41.7% | 10.0% | 6.1% | 1.6% | 27.7 |
 SAN | $182B | 12.1 | 21.6 | — | 40.0% | 15.6% | 12.8% | 2.3% | 22.7 |
 BBVA | $124B | 11.2 | 5.3 | 7.5 | 83.6% | 43.9% | 17.3% | 7.0% | 4.6 |
 BFH | $4B | 8.1 | 7.0 | 1.9 | 63.3% | 13.1% | 16.2% | 5.6% | 6.3 |
| Financial Services Median | — | 13.4 | 11.4 | 10.6 | 63.4% | 21.2% | 9.4% | 5.7% | 4.1 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 25 years · Updated daily
Full BBD Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
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View ValuationCompare BBD vs ITUB
Side-by-side business, growth, and profitability comparison vs Itaú Unibanco Holding S.A..
Start ComparisonBBD — Frequently Asked Questions
Quick answers to the most common questions about buying BBD stock.
What is Banco Bradesco S.A.'s P/E ratio?
Banco Bradesco S.A.'s current P/E ratio is 8.7x. The historical average is 3.7x. This places it at the 100th percentile of its historical range.
What is Banco Bradesco S.A.'s ROE?
Banco Bradesco S.A.'s return on equity (ROE) is 13.3%. The historical average is 18.7%.
Is BBD stock overvalued?
Based on historical data, Banco Bradesco S.A. is trading at a P/E of 8.7x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Banco Bradesco S.A.'s dividend yield?
Banco Bradesco S.A.'s current dividend yield is 5.87% with a payout ratio of 51.0%.
What are Banco Bradesco S.A.'s profit margins?
Banco Bradesco S.A. has 34.6% gross margin and -1.1% operating margin.