(BBD) Banco Bradesco - Ratings and Ratios
Banking, Insurance, Loans, Cards, Investments
Dividends
| Dividend Yield | 4.42% |
| Yield on Cost 5y | 5.63% |
| Yield CAGR 5y | 1.76% |
| Payout Consistency | 80.2% |
| Payout Ratio | 16.2% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 33.4% |
| Value at Risk 5%th | 51.3% |
| Relative Tail Risk | -6.53% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.49 |
| Alpha | 61.69 |
| CAGR/Max DD | 0.40 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.332 |
| Beta | 0.645 |
| Beta Downside | 0.455 |
| Drawdowns 3y | |
|---|---|
| Max DD | 44.04% |
| Mean DD | 16.43% |
| Median DD | 14.95% |
Description: BBD Banco Bradesco October 14, 2025
Banco Bradesco S.A. (NYSE:BBD) operates through two primary segments-Banking and Insurance-offering a full suite of financial products to individuals, corporates, and institutions in Brazil and abroad. Its banking franchise includes current, savings, salary, and digital “click” accounts; a broad array of credit lines such as real-estate, vehicle, payroll, mortgage, micro-credit, leasing, overdraft, and agribusiness loans; as well as debit, credit, and business card services, consortium products, foreign-exchange, and internet banking. The insurance arm provides car, personal accident, dental, travel, life, and pension products, alongside investment and capitalization-bond offerings.
As of Q3 2024, Bradesco reported a loan portfolio of roughly BRL 1.2 trillion, a net interest margin (NIM) of 5.2%-slightly above the Brazilian diversified-bank average of 4.9%-and a cost-to-income ratio of 38%, reflecting continued efficiency gains from its digital channel expansion. The insurer segment contributed approximately BRL 15 billion in gross premiums, with life insurance growing at a 6% YoY rate, driven by rising middle-class enrollment in retirement products.
Key macro drivers for Bradesco include Brazil’s monetary policy stance (the Selic rate held at 13.75% in early 2025, supporting higher loan yields but also increasing credit-cost pressure), a modest GDP growth forecast of 2.3% for 2025, and accelerating digital adoption-e-banking transactions now represent over 55% of total retail activity, a trend that underpins both fee income growth and cost containment. Additionally, the country’s agribusiness sector, a significant borrower base for Bradesco, benefits from strong export demand and favorable commodity prices, which can bolster loan performance in that segment.
For a deeper, data-driven assessment of Bradesco’s valuation and risk profile, consider exploring the analytical tools available on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 2.5
| Net Income (21.32b TTM) > 0 and > 6% of Revenue (6% = 14.46b TTM) |
| FCFTA -0.05 (>2.0%) and ΔFCFTA -5.39pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -252.8% (prev 113.4%; Δ -366.2pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA -0.04 (>3.0%) and CFO -97.84b <= Net Income 21.32b (YES >=105%, WARN >=100%) |
| Net Debt (271.44b) to EBITDA (18.94b) ratio: 14.33 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.35 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (10.58b) change vs 12m ago -0.29% (target <= -2.0% for YES) |
| Gross Margin 39.03% (prev 51.28%; Δ -12.25pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 11.42% (prev 12.76%; Δ -1.34pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 0.08 (EBITDA TTM 18.94b / Interest Expense TTM 175.55b) >= 6 (WARN >= 3) |
Altman Z'' -1.78
| (A) -0.28 = (Total Current Assets 329.52b - Total Current Liabilities 938.67b) / Total Assets 2202.77b |
| (B) -0.00 = Retained Earnings (Balance) -3.41b / Total Assets 2202.77b |
| (C) 0.01 = EBIT TTM 13.69b / Avg Total Assets 2110.24b |
| (D) -0.00 = Book Value of Equity -3.41b / Total Liabilities 2026.63b |
| Total Rating: -1.78 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 26.41
| 1. Piotroski 2.50pt |
| 2. FCF Yield -14.52% |
| 3. FCF Margin -43.81% |
| 4. Debt/Equity 3.93 |
| 5. Debt/Ebitda 14.33 |
| 6. ROIC - WACC (= -5.98)% |
| 7. RoE 12.38% |
| 8. Rev. Trend 24.43% |
| 9. EPS Trend 9.54% |
What is the price of BBD shares?
Over the past week, the price has changed by +6.32%, over one month by +9.25%, over three months by +21.37% and over the past year by +90.45%.
Is BBD a buy, sell or hold?
- Strong Buy: 2
- Buy: 1
- Hold: 2
- Sell: 1
- Strong Sell: 0
What are the forecasts/targets for the BBD price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 3.7 | 0.5% |
| Analysts Target Price | 3.7 | 0.5% |
| ValueRay Target Price | 4.7 | 25.7% |
BBD Fundamental Data Overview November 26, 2025
P/E Trailing = 9.6667
P/E Forward = 6.6313
P/S = 0.4184
P/B = 1.1173
P/EG = 0.5101
Beta = 0.26
Revenue TTM = 241.00b BRL
EBIT TTM = 13.69b BRL
EBITDA TTM = 18.94b BRL
Long Term Debt = 430.76b BRL (from longTermDebt, last quarter)
Short Term Debt = 283.05b BRL (from shortTermDebt, last fiscal year)
Debt = 689.53b BRL (from shortLongTermDebtTotal, last fiscal year)
Net Debt = 271.44b BRL (from netDebt column, last quarter)
Enterprise Value = 727.38b BRL (197.17b + Debt 689.53b - CCE 159.32b)
Interest Coverage Ratio = 0.08 (Ebit TTM 13.69b / Interest Expense TTM 175.55b)
FCF Yield = -14.52% (FCF TTM -105.59b / Enterprise Value 727.38b)
FCF Margin = -43.81% (FCF TTM -105.59b / Revenue TTM 241.00b)
Net Margin = 8.85% (Net Income TTM 21.32b / Revenue TTM 241.00b)
Gross Margin = 39.03% ((Revenue TTM 241.00b - Cost of Revenue TTM 146.93b) / Revenue TTM)
Gross Margin QoQ = 100.0% (prev 29.55%)
Tobins Q-Ratio = 0.33 (Enterprise Value 727.38b / Total Assets 2202.77b)
Interest Expense / Debt = 7.64% (Interest Expense 52.69b / Debt 689.53b)
Taxrate = -14.09% (negative due to tax credits) (-687.7m / 4.88b)
NOPAT = 15.62b (EBIT 13.69b * (1 - -14.09%)) [negative tax rate / tax credits]
Current Ratio = 0.35 (Total Current Assets 329.52b / Total Current Liabilities 938.67b)
Debt / Equity = 3.93 (Debt 689.53b / totalStockholderEquity, last quarter 175.64b)
Debt / EBITDA = 14.33 (Net Debt 271.44b / EBITDA 18.94b)
Debt / FCF = -2.57 (negative FCF - burning cash) (Net Debt 271.44b / FCF TTM -105.59b)
Total Stockholder Equity = 172.15b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.97% (Net Income 21.32b / Total Assets 2202.77b)
RoE = 12.38% (Net Income TTM 21.32b / Total Stockholder Equity 172.15b)
RoCE = 2.27% (EBIT 13.69b / Capital Employed (Equity 172.15b + L.T.Debt 430.76b))
RoIC = 2.66% (NOPAT 15.62b / Invested Capital 586.48b)
WACC = 8.65% (E(197.17b)/V(886.70b) * Re(8.39%) + D(689.53b)/V(886.70b) * Rd(7.64%) * (1-Tc(-0.14)))
Discount Rate = 8.39% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -0.31%
Fair Price DCF = unknown (Cash Flow -105.59b)
EPS Correlation: 9.54 | EPS CAGR: 0.10% | SUE: 0.00 | # QB: 0
Revenue Correlation: 24.43 | Revenue CAGR: -0.01% | SUE: -0.10 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.11 | Chg30d=-0.006 | Revisions Net=-2 | Analysts=2
EPS current Year (2025-12-31): EPS=0.41 | Chg30d=+0.001 | Revisions Net=+0 | Growth EPS=+29.7% | Growth Revenue=+12.5%
EPS next Year (2026-12-31): EPS=0.51 | Chg30d=+0.007 | Revisions Net=+2 | Growth EPS=+22.7% | Growth Revenue=+9.1%
Additional Sources for BBD Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle