The bank's capital adequacy remains under pressure with an equity-to-assets ratio of 0.07, heavily influenced by a $390.6 billion investment securities portfolio relative to $466.3 billion in total assets.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 | Dec'02 | Dec'01 |
|---|
| Cash & Short Term Investments | 613.44B | 46.53B | 0 | 0 | 5K | 18K | 0 | 0 | 0 | 0 | 185.67B | 189.79B | 0 | 0 | 141.55B | 139.03B | 55.62B | 44.23B | 39.37B | 35.14B | 28.63B | 18.16B | 12.79B | 0 | 56.62B | 48.22B |
| Cash & Due from Banks | 28.55B | 27.47B | 0 | 0 | 5K | 18K | 0 | 0 | 0 | 0 | 72.55B | 72.09B | 0 | 0 | 59.99B | 93.78B | 15.78B | 6.99B | 9.42B | 5.49B | 4.75B | 3.45B | 2.69B | 0 | 21.16B | 12B |
| Short Term Investments | 0 | 19.06B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 113.12B | 117.7B | 0 | 0 | 81.56B | 45.25B | 39.85B | 37.23B | 29.95B | 29.65B | 23.88B | 14.71B | 10.1B | 0 | 35.45B | 36.23B |
| Total Investments | 390.6B | 355.83B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 120.12B | 123.51B | 0 | 0 | 84.32B | 47.64B | 0 | 0 | 0 | 0 | 0 | 0 | 336.6M | 0 | 96.55B | 87.28B |
| Investments Growth % | -73.04% | - | - | - | - | - | - | - | - | -100% | -2.74% | - | - | -100% | 76.99% | - | - | - | - | - | - | -100% | - | -100% | 10.62% | - |
| Long-Term Investments | 3.54T | 336.77B | 0 | 0 | 13K | 26K | 7.39B | 7.64B | 8.13B | 8.26B | 7B | 5.82B | 3.98B | 3.39B | 2.75B | 2.39B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 61.09B | 51.05B |
| Accounts Receivables | 1.45B | 5.9B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Goodwill & Intangibles | 5.09B | 4.7B | 3.84B | 4.55B | 3.56B | 2.68B | 2.36B | 2.86B | 3.59B | 4.59B | 5.02B | 1.79B | 3.19B | 3.88B | 4.04B | 4.81B | 4.83B | 3.16B | 4.42B | 3.8B | 2.29B | 1.63B | 1.83B | 1.74B | 1.78B | 782.62M |
| Goodwill | 1.27B | 1.21B | 1.09B | 1.36B | 1.24B | 1.09B | 781.65M | 964.2M | 1.51B | 2.22B | 3.03B | 277M | 729.12M | 850.05M | 999.91M | 1.8B | 1.18B | 1.26B | 1.29B | 883M | 667M | 332M | 262M | 0 | 0 | 0 |
| Intangible Assets | 3.82B | 3.49B | 2.75B | 3.19B | 2.32B | 1.59B | 1.58B | 1.9B | 2.08B | 2.37B | 2B | 1.51B | 2.46B | 3.03B | 3.04B | 3.02B | 3.65B | 1.9B | 3.14B | 2.92B | 1.62B | 1.29B | 1.57B | 1.74B | 1.78B | 782.62M |
| PP&E (Net) | 1.84B | 1.72B | 1.65B | 2.29B | 14K | 27K | 14.07B | 14.66B | 8.83B | 8.43B | 8.4B | 5.5B | 4.7B | 4.5B | 4.53B | 4.27B | 5.43B | 4.83B | 4.26B | 3.55B | 3B | 2.72B | 2.95B | 3.11B | 2.99B | 2.73B |
| Other Assets | 18.97B | -363.48B | -21.98B | -25.89B | 285.89B | 274.21B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20.03B | 0 | 7.39B | 5.51B |
| Total Current Assets | 28.55B | 56.55B | 42.38B | 60.33B | 5K | 18K | 0 | 0 | 0 | 0 | 185.67B | 189.79B | 0 | 0 | 141.55B | 139.03B | 55.62B | 44.23B | 39.37B | 35.14B | 28.63B | 18.16B | 44.83B | 0 | 56.62B | 48.22B |
| Total Non-Current Assets | 437.77B | 0 | 0 | 0 | 42K | 81K | 113.11B | 96.59B | 81.76B | 76.6B | 76.31B | 64.13B | 44.6B | 41.78B | 33.03B | 30.97B | 10.26B | 9.71B | 8.69B | 7.35B | 5.29B | 4.35B | 24.8B | 4.85B | 73.26B | 60.07B |
| Total Assets | 466.33B | 425.26B | 334.98B | 396.81B | 339.46B | 300.82B | 748.92B | 337.87B | 332.14B | 365.16B | 362.43B | 257.54B | 328.93B | 384.93B | 429.35B | 408.27B | 384.03B | 290.4B | 194.86B | 191.68B | 124.38B | 89.35B | 69.63B | 100M | 129.88B | 108.29B |
| Asset Growth % | 939.46% | 26.95% | -15.58% | 16.89% | 12.85% | -59.83% | 121.66% | 1.72% | -9.04% | 0.75% | 40.73% | -21.7% | -14.55% | -10.35% | 5.16% | 6.31% | 32.24% | 49.03% | 1.66% | 54.11% | 39.2% | 28.33% | 69526.66% | -99.92% | 19.93% | - |
| Return on Assets (ROA) | 1.45% | 1.11% | 0.87% | 0.78% | 6.63% | 4.41% | - | 0% | 0% | 6.25% | 6.68% | 0% | 2.24% | -0.59% | 1.42% | 0% | 2.89% | 3.81% | 0% | 0.01% | 0.01% | 0.01% | 0.01% | 0% | 1.8% | 2.1% |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Debt | 161.74B | 144.87B | 110.14B | 128.12B | 571.92B | 238.94B | 89.61B | 110.93B | 115.47B | 141.73B | 0 | 0 | 188.28B | 172.46B | 0 | 0 | 82.97B | 58.79B | 61.1B | 46.9B | 35.83B | 30.38B | 27.93B | 0 | 30.66B | 33.85B |
| Net Debt | 133.18B | 117.4B | 110.14B | 128.12B | -5K | -18K | 89.61B | 110.93B | 115.47B | 141.73B | -72.55B | -72.09B | 188.28B | 172.46B | -59.99B | -93.78B | 67.2B | 51.8B | 51.69B | 41.42B | 31.08B | 26.93B | 25.23B | 0 | 9.5B | 21.86B |
| Long-Term Debt | 74.45B | 63.55B | 39.74B | 60.82B | 344.63B | 234.28B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 75.24B | 50.82B | 47.26B | 38.91B | 30.12B | 23.32B | 19.65B | 0 | 13.39B | 11.5B |
| Short-Term Debt | 86.83B | 80.4B | 70.02B | 66.76B | 222.69B | 59.5B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.74B | 7.98B | 13.85B | 7.99B | 5.71B | 7.07B | 8.27B | 0 | 17.27B | 22.36B |
| Other Liabilities | 269.66B | 247.85B | -40.38B | -61.69B | 419.68B | 382.85B | 0 | 0 | 0 | 0 | 849.91B | 737.73B | 0 | 0 | 512.62B | 441.38B | 485.81B | 391.91B | 336.92B | 254.24B | 196.88B | 155.91B | 133.52B | 0 | 31.83B | 23.47B |
| Total Current Liabilities | 86.83B | 80.4B | 107.38B | 113.55B | 108.24B | 115.37B | 114.99B | 130.82B | 132.62B | 169.75B | 234.88B | 197.29B | 226.31B | 211.53B | 214.13B | 219.08B | 7.74B | 7.98B | 13.85B | 7.99B | 5.71B | 7.07B | 8.27B | 0 | 73.6B | 63.45B |
| Total Non-Current Liabilities | 344.97B | 312.21B | 0 | 0 | 0 | 0 | 1.25B | 1.08B | 1.15B | 1.22B | 851.67B | 738.5B | 808.18M | 799.82M | 515.71B | 443.62B | 561.04B | 442.73B | 384.18B | 293.15B | 227B | 179.22B | 153.18B | 0 | 45.22B | 34.97B |
| Total Liabilities | 431.8B | 392.61B | 307.64B | 362.42B | 309.16B | 273.85B | 278.5B | 304.45B | 300.72B | 331.69B | 1.09T | 935.79B | 357.44B | 354.6B | 729.84B | 662.7B | 568.78B | 450.7B | 398.03B | 301.14B | 232.71B | 186.29B | 161.45B | 0 | 118.82B | 98.42B |
| Total Equity | 34.53B | 32.66B | 27.35B | 34.38B | 30.31B | 26.97B | 27.81B | 33.42B | 31.42B | 33.47B | 31B | 22.57B | 30.81B | 30.33B | 34.5B | 30.13B | 29.23B | 24.41B | 14.83B | 17.14B | 11.57B | 8.34B | 5.76B | 0 | 11.05B | 9.87B |
| Equity Growth % | 898.79% | 19.42% | -20.46% | 13.45% | 12.37% | -3.02% | -16.78% | 6.35% | -6.11% | 7.97% | 37.33% | -26.74% | 1.6% | -12.1% | 14.51% | 3.09% | 19.73% | 64.63% | -13.5% | 48.21% | 38.76% | 44.84% | - | -100% | 11.95% | - |
| Equity / Assets (Capital Ratio) | 7.4% | 7.68% | 8.16% | 8.66% | 8.93% | 8.97% | 3.71% | 9.89% | 9.46% | 9.17% | 8.55% | 8.76% | 9.37% | 7.88% | 8.04% | 7.38% | 7.61% | 8.41% | 7.61% | 8.94% | 9.3% | 9.33% | 8.27% | 0% | 8.51% | 9.12% |
| Return on Equity (ROE) | 18.24% | 14.12% | 10.37% | 8.82% | 74.11% | 84.6% | - | 0% | 0% | 70.57% | 77.27% | 0% | 26.21% | -7.42% | 18.39% | 0% | 36.36% | 47.14% | 0.04% | 0.06% | 0.06% | 0.09% | 0.11% | 0.04% | 20.46% | 22.98% |
| Book Value per Share | 3.27 | 3.09 | 2.58 | 3.23 | 2.84 | 2.30 | 2.60 | 3.13 | 2.94 | 3.13 | 2.90 | 2.11 | 2.88 | 2.83 | 3.22 | 2.81 | 2.51 | 2.10 | - | - | - | - | - | - | 1.26 | 1.12 |
| Tangible BV per Share | 2.78 | 2.64 | 2.21 | 2.80 | 2.51 | 2.07 | 2.38 | 2.86 | 2.60 | 2.70 | 2.43 | 1.94 | 2.58 | 2.47 | 2.84 | 2.36 | 2.09 | 1.83 | - | - | - | - | - | - | 1.06 | 1.03 |
| Common Stock | 17.96B | 15.89B | 14.1B | 17.93B | 16.5B | 14.92B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14.25B | 13.25B | 11.5B | 9.5B | -50M | -30M | 0 | 0 | 5.2B | 5.2B |
| Additional Paid-in Capital | 13.5M | 12.87M | 11.41M | 14.51M | 13.35M | 12.66M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.08M | 6.97M |
| Retained Earnings | 16.3B | 16.53B | 13.28B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.91B | 2.1B | 0 | 0 | 542.42M | 632.1M | 19.23B | 15.63B | 11.79B | 10.65B | 2.06B | 1.81B | 1.49B | 0 | 5.49B | 4.39B |
| Accumulated OCI | 207.71M | 153.29M | -34.75M | 16.3B | 13.75B | 12.08B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.08B | 1.33B | 85M | 1.89B | 0 | 0 | 0 | 0 | 237.17M | 248.49M |
| Treasury Stock | -55.27M | -30.77M | -92.06M | 0 | -42.5M | -119.7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -84.96M | -53.41M |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Asset quality and provisioning
As reported in recent financial statements, Bradesco's total assets reached $466.3 billion in 2026Q1, reflecting a complex expansion trajectory that appears heavily influenced by the bank's aggressive management of its securities portfolio rather than consistent, organic growth in its core lending operations.
The fluctuation in total assets from $425.3 billion in 2025Q4 to $466.3 billion in 2026Q1 suggests a balance sheet that is highly reactive to market conditions rather than one driven by steady credit expansion. Investors should monitor whether this asset growth is sustainable or merely a temporary inflation of the balance sheet through liquid securities that may offer lower long-term yields.
Based on the provided quarterly data, the equity-to-assets ratio has remained constrained at 0.07 in 2026Q1, indicating that the bank's capital adequacy is under significant pressure as it attempts to absorb the impact of elevated provision expenses and volatile earnings performance.
The maintenance of a thin capital buffer suggests that the bank has limited room for error in its credit underwriting. This capital position warrants further investigation, as any further deterioration in asset quality could necessitate a capital raise or a significant reduction in dividend distributions to maintain regulatory compliance.
According to the 2026Q1 balance sheet, the bank holds $390.6 billion in investment securities, a substantial portion of its $466.3 billion in total assets, which suggests a heavy reliance on market-based liquidity to offset potential volatility in its core deposit and lending franchise.
The concentration of assets in investment securities appears to be a defensive posture, likely intended to provide a buffer against the cyclical nature of the Brazilian credit market. However, this strategy may expose the bank to duration risk and mark-to-market losses if interest rates in Brazil remain volatile or shift unexpectedly.
As evidenced by the dramatic shift in loan loss provisions, which reached $43.7 billion in 2026Q1, the bank's balance sheet appears highly susceptible to discretionary adjustments that obscure the true underlying health of its credit portfolio and long-term asset quality.
The sudden spike in provisioning suggests that the bank may be facing deeper credit issues than previously disclosed, potentially indicating a structural weakness in its retail and SME loan books. Investors should be cautious, as these provisioning swings may be used to smooth earnings, thereby masking the true extent of credit deterioration.
Quick answers to the most common questions about buying BBDO stock.
As of 2025, Banco Bradesco S.A. (BBDO) had total assets of $425.26B including $56.55B in current assets.
Banco Bradesco S.A. (BBDO) carries total debt of $144.87B. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Banco Bradesco S.A. (BBDO) has total shareholders' equity (book value) of $32.56B ($3.09 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Banco Bradesco S.A. (BBDO) reported a current ratio of 0.70x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.