Banco Bradesco SA (BBD) vs Banco Santander Brasil SA (BSBR)

Banco Bradesco SA and Banco Santander Brasil SA are both Banks Regional companies. Banco Santander Brasil SA is the larger, with a market value of $17.7B against $14.0B — 1.3× the size. Banco Bradesco SA trades at the lower P/E: 5.5× against 6.2×. Banco Bradesco SA grew revenue faster over the last twelve months: 30.8% against 18.6%. Banco Bradesco SA has the higher net margin (7.52% vs 7.49%) and the lower return on invested capital (0.00% vs 13.4%). Both pay a dividend; Banco Bradesco SA yields more (9.45% vs 6.82%). Across the 19 metrics below, Banco Bradesco SA leads on 13 and Banco Santander Brasil SA on 6.

Valuation

Metric BBD BSBR Banks Regional median
P/E 5.48 6.25 12.02
P/S 0.40 0.52 2.36
P/B 0.70 0.71 1.23
Price to free cash flow 3.02 2.35 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 18.25% 16.00% 8.21%
Free cash flow yield 33.13% 42.51% 9.23%

Profitability

Metric BBD BSBR Banks Regional median
Gross margin 36.04% 40.78% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 7.52% 7.49% 18.82%
Free cash flow margin 13.20% 22.08% 17.97%
Return on equity 14.24% 10.99% 10.28%
Return on assets 1.13% 1.10% 1.13%
Return on invested capital 0.00% 13.40% 8.45%

Growth

Metric BBD BSBR Banks Regional median
Revenue growth (TTM) 30.84% 18.60% 6.37%
EPS growth (last fiscal year) 31.03% (8.02%) 18.85%
Revenue growth, 5-year CAGR 16.20% 20.06% 12.65%
Net income growth, 5-year CAGR 5.72% (2.56%) 9.81%

Health

Metric BBD BSBR Banks Regional median
Debt to equity 2.78 3.34 0.17
Current ratio 1.72 1.56 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BBD BSBR Banks Regional median
Dividend yield 9.45% 6.82% 2.49%
Payout ratio 0.52 — 0.29

Size

Metric BBD BSBR Banks Regional median
Market cap 14.00b 17.71b 934.85m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack