Banco Bradesco SA

BBD Financial Banks Regional

Banco Bradesco SA’s revenue for fiscal 2025 (year ended December 2025) was $55.4 billion, up 18.8% from fiscal 2024. In the quarter to June 2026, revenue grew 32.3%, EPS grew 30.0%, free cash flow fell 267.0% and total debt rose 442.3%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

3.96 0.07 −1.74%
Market cap
$22.5B
P/E
9.4×
Fwd P/E
6.5×
Dividend yield
6.01%
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Total buys 102.49
Total sells 5.97
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — 1 1 2 24 —
Sell — — — — — — 2 1 — 2 4 —
Insider Ownership 47.22%

Capital & Financial Ratios $m

Market Cap 22,490.00
Revenue 64,398.19
Net Income 4,932.87
Free Cash Flow 1,174.48
Net Debt (35,817.80)
Current Ratio 1.48
Debt/Equity 2.93
P/E ratio 9.43
Fwd P/E 6.50
P/S ratio 0.65
P/B ratio 1.16
Past 5Y EPS Growth 5.61%
This Y EPS Growth 12.61%
Next Y EPS Growth 10.00%
Next Y revenue growth (30.52%) (below 0%: weak)
Next 5Y EPS Growth 11.39%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 32.62%
10-year low 10-year high
P/S against its own 10 years 22.71%
10-year low 10-year high
P/B against its own 10 years 34.72%
10-year low 10-year high

Dividends

Payout Ratio 0.57
Annual Dividend Rate 0.24
Annual Dividend Yield 6.01%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 0.38
0.00
0.00
0.00
0.00
0.06
0.00
0.00
0.00
0.07
0.00
0.00
0.00
0.07
2025 0.38
0.05
0.00
0.00
0.00
0.04
0.00
0.00
0.00
0.06
0.00
0.00
0.00
0.06
0.00
0.00
0.00
0.07
2024 0.11
0.00
0.00
0.00
0.00
0.00
0.00
0.07
0.00
0.00
0.00
0.03
0.00
0.00
0.00
2023 0.20
0.00
0.11
0.00
0.00
0.00
0.00
0.00
0.04
0.00
0.00
0.00
0.00
0.00
0.00
0.13
2022 0.08
0.00
0.00
0.00
0.00
0.00
0.00
0.04
0.00
0.00
0.00
0.00
0.00
0.00
2021 0.04
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.09
0.00
0.00
0.00
0.00
0.00
0.00
2020 0.10
0.00
0.00
0.01
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.06
2019 0.07
0.00
0.00
0.00
0.00
0.01
0.00
0.04
0.00
0.01
0.00
0.00
0.19
0.00
0.00
0.10
2018 0.01
0.01
0.00
0.00
0.01
0.01
0.00
0.04
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.16
2017 0.20
0.00
0.00
0.00
0.00
0.00
0.01
0.04
0.00
0.00
0.01
0.01
0.01
0.15
2016 0.09
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.03
0.00
0.00
0.00
0.15
0.00
0.00
0.00
0.05
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 107,892 145,630 122,651 141,753
Receivables — — — —
Inventory — — — —
Other — — — —
265,048 306,671 298,159 345,447
2023 2024 2025 Q'26
Payables 189,355 186,542 205,674 233,795
ST’ Debt — — — —
Other 69,062 — — —
268,500 245,023 260,525 233,795

Compound Annual Growth %

10y 5y 3y
Sales (1.82%) 16.20% 6.00%
Cash Flow 0.00% 0.00% 0.00%
Earnings (2.10%) 5.72% 1.42%
Book Value 1.64% 2.72% 1.39%

Revenue $m

Mar Jun Sep Dec Year
’26 16,904 17,179 — — —
’25 12,136 12,984 14,652 15,664 55,435
’24 12,530 11,772 11,055 11,311 46,668
’23 11,541 7,553 13,163 — 48,856
’22 9,721 6,439 8,593 9,302 46,549
’21 7,021 5,891 7,889 3,905 28,376
’20 7,892 4,446 6,507 5,733 26,170
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 16,367 (9,719) — — —
’25 (14,213) 6,536 (159) (3,363) (11,200)
’24 3,570 5,292 (1,655) 2,105 9,312
’23 5,001 (3,838) 15,391 — (36)
’22 5,788 498 39,422 4,258 8,090
’21 (1,996) 1,639 (6,446) (1,363) (17,097)
’20 7,767 14,445 29,011 45,033 27,777
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 15,837 (10,126) — — —
’25 (14,607) 6,064 (526) (4,011) (13,079)
’24 3,251 4,866 (1,899) 1,711 7,930
’23 4,622 (4,044) 15,144 — (1,596)
’22 5,163 251 38,243 4,258 6,383
’21 (2,085) 1,408 (7,010) (1,363) (17,777)
’20 7,575 14,391 28,500 45,033 27,104
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.09 0.13 — — —
’25 0.09 0.10 0.09 0.11 0.38
’24 0.07 0.07 0.09 0.07 0.29
’23 0.07 0.08 0.06 — 0.25
’22 0.12 0.13 0.10 0.01 0.36
’21 0.10 0.12 0.11 0.05 0.36
’20 0.07 0.07 0.07 0.11 0.29
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.5
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 2.76 6.53 5.42 7.54 2.68 3.25 2.50 2.34 1.84 1.85

Analyst estimates 2026–2028

Powerpack
High 7.95 9.88 10.98 10.55 9.32 5.70 4.74 3.68 3.50 3.77
People
People Employees 108,793 98,808 98,605 97,329 89,575 87,274 88,381 86,222 84,022 82,095
Revenue/emp, $m 0.68 0.79 0.62 0.62 0.29 0.33 0.53 0.57 0.56 0.68
Income, $m
Income, $m Revenue 73,492 78,267 61,540 60,557 26,170 28,376 46,549 48,856 46,668 55,435
Gross margin, % 75.30 75.64 78.92 81.37 68.00 69.93 45.36 35.89 42.68 37.37
EBT 7,787 6,273 6,552 4,100 988 5,651 4,689 2,045 3,133 3,766
EBT margin, % 10.60 8.02 10.65 6.77 3.77 19.91 10.07 4.19 6.71 6.79
Net income 7,787 6,273 6,552 4,100 988 5,651 4,689 2,045 3,133 3,766
Depreciation 1,215 1,901 1,649 1,507 1,174 1,054 1,097 1,306 1,249 1,265
Per share, $
Per share, $ Revenue 7.79 10.46 6.90 5.66 2.56 2.92 4.36 4.59 4.40 5.24
Earnings 0.40 0.62 0.47 0.51 0.29 0.36 0.36 0.25 0.29 0.38
Cash flow 1.90 0.99 0.50 (0.88) 2.72 (1.76) 0.76 0.00 0.88 (1.06)
Capex (0.14) (0.22) (0.16) (0.11) (0.07) (0.07) (0.16) (0.15) (0.13) (0.18)
Free cash flow 1.76 0.77 0.34 (0.98) 2.65 (1.83) 0.60 (0.15) 0.75 (1.24)
Book value 3.07 4.65 3.74 3.18 2.74 2.82 2.88 3.14 2.95 3.03
Shares, m 9,433 7,482 8,913 10,696 10,225 9,706 10,671 10,642 10,614 10,579
Valuation, ×
Valuation, × P/E 13.47 17.87 16.39 16.72 17.75 9.10 7.08 15.45 6.37 8.54
P/S 0.91 1.17 1.22 1.42 2.29 1.48 0.40 0.88 0.43 0.64
P/B 2.80 2.55 2.48 2.89 2.03 1.38 0.45 1.06 0.65 1.10
EV/Sales (0.13) (0.67) (0.90) (0.13) 0.70 (4.28) (3.88) (1.70) (2.27) (1.02)
EV/FCF (0.98) (95.68) (16.76) 0.61 0.18 11.07 (2.79) (3.75) (13.39) 4.30
Cash, $m
Cash, $m Operating cash flow 17,962 7,415 4,452 (9,361) 27,777 (17,097) 8,090 (36) 9,312 (11,200)
Capex (1,319) (1,627) (1,432) (1,154) (674) (680) (1,708) (1,560) (1,383) (1,880)
Free cash flow 16,643 5,787 3,020 (10,514) 27,104 (17,777) 6,383 (1,596) 7,930 (13,079)
Balance, $m
Balance, $m Working capital 30,139 29,392 30,233 28,165 (46,336) 74,211 1,585 (3,451) 61,648 37,634
Total debt 40,133 24,738 27,849 26,355 11,450 40,892 18,509 66,071 19,195 31,149
Net debt (108,554) (156,222) (132,438) (113,858) (51,322) (106,723) (63,702) (41,821) (126,435) (91,502)
Shareholders’ equity 28,926 34,772 33,321 34,065 28,026 27,394 30,748 33,453 31,322 32,050
Returns, %
Returns, % ROA 1.33 1.28 1.43 1.64 0.98 1.32 1.24 0.78 0.83 1.06
ROIC 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
ROE 15.40 14.41 15.34 16.98 10.34 14.68 13.98 8.89 9.88 13.38
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Banco Bradesco SA vs peers in Banks Regional (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
BBDO Banco Bradesco SA $28.5B 8.6× — +32.31% (above 0%: growing) +30.00% (above 0%: growing) −266.98% (below 0%: shrinking) 36.36% 0.00% Compare
CFG Citizens Financial Group, Inc. $26.7B 13.6× 12.3× +6.25% (above 0%: growing) +40.86% (above 0%: growing) −17.35% (below 0%: shrinking) 71.46% 0.00% Compare
RF Regions Financial Corporation $23.3B 11.1× 10.9× −2.14% (below 0%: shrinking) +8.47% (above 0%: growing) −39.63% (below 0%: shrinking) 80.19% 0.00% Compare
FCNCA First Citizens BancShares, Inc. $23.3B 11.4× 11.8× +0.11% (above 0%: growing) +31.07% (above 0%: growing) +28.65% (above 0%: growing) 67.05% 0.00% Compare
BBD Banco Bradesco SA $22.5B 9.4× 6.5× +32.31% (above 0%: growing) +30.00% (above 0%: growing) −266.98% (below 0%: shrinking) 36.36% 0.00%
KEY KeyCorp $21.3B 11.5× 11.9× −1.14% (below 0%: shrinking) +25.71% (above 0%: growing) −80.76% (below 0%: shrinking) 70.74% 0.00% Compare
BSBR Banco Santander Brasil SA $20.9B 7.4× — +14.98% (above 0%: growing) −5.56% (below 0%: shrinking) +274.78% (above 0%: growing) 40.57% 0.00% Compare
BCH Banco De Chile $19.8B 14.7× 13.3× +14.73% (above 0%: growing) +34.37% (above 0%: growing) −141.88% (below 0%: shrinking) 79.35% 0.00% Compare
EWBC East West Bancorp, Inc. $17.3B 12.1× 11.8× +3.68% (above 0%: growing) +17.78% (above 0%: growing) +112.58% (above 0%: growing) 66.63% 0.00% Compare
Median of peers $22.3B 11.5× 11.9× +4.97% +27.85% −28.49% 68.90% 0.00%

All 323 Banks Regional stocks →

Banco Bradesco SA (BBD) key facts

  • Strength: Banco Bradesco SA’s revenue for fiscal 2025 (year ended December 2025) was $55.4 billion, up 18.8% from fiscal 2024.
  • Banco Bradesco SA (BBD) is a Banks Regional company in the Financial sector, traded in the US as an ADR.
  • As of October 16, 2026, BBD traded at $3.96, a market capitalization of $22.5 billion.
  • Banco Bradesco SA pays an annual dividend of $0.24 per share, a yield of 6.01%, with a payout ratio of 56.6%.
  • Return on equity was 13.4% and debt-to-equity 2.93.
  • Its Piotroski F-score is 4 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Banco Bradesco SA (BBD) Latest News

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stockrow.com/BBD · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com