- How The Banco Bradesco (BOVESPA:BBDC4) Investment Story Is Shifting Around The R$22.46 Target
May 2, 2026
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Banco Bradesco’s latest analyst update edges the fair value price target to R$22.46 from R$22.00, a small shift that still matters if you are tracking where opinion is settling. Analysts broadly cluster around this new level, with more upbeat voices viewing it as confirmation of the current thesis and more cautious ones stressing how dependent it is on the underlying assumptions. As you read on, you will see how this evolving narrative could shape your view on what a fair price range might look like for the shares.
Analyst Price Targets don't always capture the full story. Head over to our Company Report to find new ways to value Banco Bradesco.
What Wall Street Has Been Saying
🐂 Bullish Takeaways
Lucid Capital’s initiation on Banco Bradesco under the BBDC ticker gives you a fresh, structured view on the bank, helping anchor expectations around the current fair value range near R$22.46. Supportive elements in Lucid Capital’s work tend to focus on the bank’s ability to execute against its existing thesis, which some readers use as a reference point when comparing Banco Bradesco with other Brazilian financial names.
🐻 Bearish Takeaways
Lucid Capital’s neutral stance indicates that, in its view, the upside and downside risks are relatively balanced at this stage. This encourages investors to pay close attention to how key assumptions evolve. The initiation highlights that the valuation story for Banco Bradesco is sensitive to execution on core priorities. As a result, some investors may see limited room for error around earnings quality, capital allocation, and growth plans.
Do your thoughts align with the Bull or Bear Analysts? Perhaps you think there's more to the story. Head to the Simply Wall St Community to discover more perspectives!BOVESPA:BBDC4 1-Year Stock Price Chart
We've flagged 5 risks for Banco Bradesco. See which could impact your investment.
What's in the News
Banco Bradesco’s board plans to meet on March 26, 2026 to consider interim interest on shareholders' equity of R$3b, at R$0.270307744 per common share and R$0.297338519 per preferred share. At Annual and Special Shareholders Meetings on March 10, 2026, investors approved capitalization of R$6.67b from the Legal Reserve into stock capital, lifting it from R$87.1b to R$93.77b without issuing new shares. The same meetings approved Bylaw changes that introduce profit sharing for management and give the Board of Directors authority over these payments, reflected in updates to Articles 6, 7 and 9. A Special and Extraordinary Shareholders Meeting held remotely on March 10, 2026 will be followed by another remote Special and Extraordinary Meeting scheduled for March 31, 2026 in Brazil.
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How This Changes the Fair Value For Banco Bradesco
Fair value in the model is R$22.46 compared with R$22.00. Revenue growth assumption is 23.08% compared with 22.69%. Net profit margin assumption is 19.87% compared with 20.06%. Future P/E multiple is 12.33x compared with 12.08x. Discount rate is 19.72% compared with 19.72%, with only a marginal adjustment.
Never Miss an Update: Follow The Narrative
Narratives link a company’s business story to a financial forecast and a fair value range, so you can see how the pieces fit together. They update as new data and views come through, keeping the thesis grounded in current assumptions.
Head over to the Simply Wall St Community and follow the Narrative on Banco Bradesco to stay up to date on:
How Bradesco’s push into digital banking, Gen AI, and advanced analytics is being used to improve efficiency, risk management, and earnings stability. The role of insurance, asset management, and fee-based businesses in broadening revenue sources and supporting more consistent earnings. Key threats such as fintech competition, demographic headwinds, cost pressures, and rising regulatory and cyber risks that could challenge the current outlook.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include BBDC4.bovespa.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
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- Are Finance Stocks Lagging ANZ Group Holdings Limited - Sponsored ADR (ANZGY) This Year?
Apr 17, 2026
Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Has ANZ Group Holdings Limited - Sponsored ADR (ANZGY) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
ANZ Group Holdings Limited - Sponsored ADR is a member of our Finance group, which includes 836 different companies and currently sits at #6 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. ANZ Group Holdings Limited - Sponsored ADR is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for ANZGY's full-year earnings has moved 6.4% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, ANZGY has gained about 11.9% so far this year. Meanwhile, stocks in the Finance group have lost about 0.5% on average. As we can see, ANZ Group Holdings Limited - Sponsored ADR is performing better than its sector in the calendar year.
Another stock in the Finance sector, Banco Bradesco (BBD), has outperformed the sector so far this year. The stock's year-to-date return is 24.6%.
The consensus estimate for Banco Bradesco's current year EPS has increased 1.2% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, ANZ Group Holdings Limited - Sponsored ADR is a member of the Financial - Miscellaneous Services industry, which includes 107 individual companies and currently sits at #86 in the Zacks Industry Rank. On average, stocks in this group have lost 7.5% this year, meaning that ANZGY is performing better in terms of year-to-date returns.
On the other hand, Banco Bradesco belongs to the Banks - Foreign industry. This 66-stock industry is currently ranked #94. The industry has moved +4.8% year to date.
Investors with an interest in Finance stocks should continue to track ANZ Group Holdings Limited - Sponsored ADR and Banco Bradesco. These stocks will be looking to continue their solid performance.
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This article originally published on Zacks Investment Research (zacks.com).
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- Banco Bradesco (BBD) Upgraded to Buy: What Does It Mean for the Stock?
Apr 14, 2026
Banco Bradesco (BBD) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.
The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.
Since a changing earnings picture is a powerful factor influencing near-term stock price movements, the Zacks rating system is very useful for individual investors. They may find it difficult to make decisions based on rating upgrades by Wall Street analysts, as these are mostly driven by subjective factors that are hard to see and measure in real time.
As such, the Zacks rating upgrade for Banco Bradesco is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price.
Most Powerful Force Impacting Stock Prices
The change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings estimates to calculate the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.
For Banco Bradesco, rising earnings estimates and the consequent rating upgrade fundamentally mean an improvement in the company's underlying business. And investors' appreciation of this improving business trend should push the stock higher.
Harnessing the Power of Earnings Estimate Revisions
As empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .
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Earnings Estimate Revisions for Banco Bradesco
For the fiscal year ending December 2026, this financial holding company is expected to earn $0.50 per share, which is unchanged compared with the year-ago reported number.
Analysts have been steadily raising their estimates for Banco Bradesco. Over the past three months, the Zacks Consensus Estimate for the company has increased 1.2%.
Bottom Line
Unlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.
You can learn more about the Zacks Rank here >>>
The upgrade of Banco Bradesco to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.
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This article originally published on Zacks Investment Research (zacks.com).
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- Why Banco Bradesco (BBD) is a Great Dividend Stock Right Now
Apr 14, 2026
Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus.
Cash flow can come from bond interest, interest from other types of investments, and, of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns.
Headquartered in Osasco, Banco Bradesco (BBD) is a Finance stock that has seen a price change of 22.82% so far this year. The financial holding company is currently shelling out a dividend of $0.04 per share, with a dividend yield of 10.44%. This compares to the Banks - Foreign industry's yield of 2.71% and the S&P 500's yield of 1.38%.
Looking at dividend growth, the company's current annualized dividend of $0.43 is up 78.4% from last year. Over the last 5 years, Banco Bradesco has increased its dividend 4 times on a year-over-year basis for an average annual increase of 3.80%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Banco Bradesco's current payout ratio is 7%, meaning it paid out 7% of its trailing 12-month EPS as dividend.
Earnings growth looks solid for BBD for this fiscal year. The Zacks Consensus Estimate for 2026 is $0.50 per share, representing a year-over-year earnings growth rate of 19.05%.
Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. However, not all companies offer a quarterly payout.
For instance, it's a rare occurrence when a tech start-up or big growth business offers its shareholders a dividend. It's more common to see larger companies with more established profits give out dividends. Income investors have to be mindful of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. That said, they can take comfort from the fact that BBD is not only an attractive dividend play, but also represents a compelling investment opportunity with a Zacks Rank of #2 (Buy).
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This article originally published on Zacks Investment Research (zacks.com).
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- BBD vs. NU: Which Stock Is the Better Value Option?
Apr 14, 2026
Investors interested in Banks - Foreign stocks are likely familiar with Banco Bradesco (BBD) and Nu Holdings Ltd. (NU). But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.
The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, while our Style Scores work to grade companies based on specific traits.
Right now, Banco Bradesco is sporting a Zacks Rank of #2 (Buy), while Nu Holdings Ltd. has a Zacks Rank of #3 (Hold). Investors should feel comfortable knowing that BBD likely has seen a stronger improvement to its earnings outlook than NU has recently. But this is just one factor that value investors are interested in.
Value investors are also interested in a number of tried-and-true valuation metrics that help show when a company is undervalued at its current share price levels.
The Style Score Value grade factors in a variety of key fundamental metrics, including the popular P/E ratio, P/S ratio, earnings yield, cash flow per share, and a number of other key stats that are commonly used by value investors.
BBD currently has a forward P/E ratio of 8.14, while NU has a forward P/E of 17.71. We also note that BBD has a PEG ratio of 0.50. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. NU currently has a PEG ratio of 0.60.
Another notable valuation metric for BBD is its P/B ratio of 1.35. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. By comparison, NU has a P/B of 6.36.
Based on these metrics and many more, BBD holds a Value grade of B, while NU has a Value grade of C.
BBD stands above NU thanks to its solid earnings outlook, and based on these valuation figures, we also feel that BBD is the superior value option right now.
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Nu Holdings Ltd. (NU) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
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- Banco Bradesco (BBD) Reports 26.1% Growth in 2025 Recurring Net Income to BRL 24.7 Billion
Feb 24, 2026
Banco Bradesco (NYSE:BBD) is one of the most undervalued penny stocks to buy right now. On February 5, Banco Bradesco announced that it concluded 2025 with a recurring net income of BRL 24.7 billion, representing 26.1% year-over-year growth. This performance marked the first time the bank exceeded its cost of capital since initiating its five-year transformation plan in 2024. Key operational drivers included an 11% expansion in the loan portfolio and a robust 16.1% increase in insurance results.
Management attributed these gains to a disciplined AI First strategy and structural shifts that increased digital retail engagement while gaining market share in the high-growth SME segment, which reached 16.6%. The bank’s strategic overhaul focused on segmenting its client base and modernizing its technological infrastructure, resulting in 19 million fully digital clients and a 40x reduction in the cost to serve them.Banco Bradesco (BBD) Reports 26.1% Growth in 2025 Recurring Net Income to BRL 24.7 Billion
Banco Bradesco (NYSE:BBD) also intensified its focus on affluent markets through its Prime and Principal offerings, the latter of which expanded to 62 offices across 36 municipalities by year-end. Technology investments rose 22% in 2025, facilitating a threefold increase in internal delivery capacity. Despite these successes, the bank continues to manage a footprint reduction, having closed 2,800 service points over the last two years to optimize its physical network.
Banco Bradesco (NYSE:BBD), together with its subsidiaries, provides various banking products and services in Brazil and internationally. The company operates in two segments: Banking and Insurance.
While we acknowledge the potential of BBD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 10 Most Profitable Undervalued Stocks to Buy and 11 Best Mining Stocks to Buy According to Wall Street.
Disclosure: None.
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- Banco Bradesco: Q4 Earnings Snapshot
Feb 6, 2026
SP BRAZIL, Brazil (AP) — SP BRAZIL, Brazil (AP) — Banco Bradesco SA (BBDO) on Friday reported fourth-quarter profit of $1.2 billion.
The bank, based in Sp Brazil, Brazil, said it had earnings of 11 cents per share.
The financial holding company posted revenue of $12.03 billion in the period. Its revenue net of interest expense was $12.03 billion, exceeding Street forecasts.
For the year, the company reported profit of $4.24 billion, or 38 cents per share. Revenue was reported as $41.79 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BBDO at https://www.zacks.com/ap/BBDO
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- Latin American Stocks Shake Off Trump Threats—for Now
Jan 5, 2026
Investors in Latin America are betting that the U.S. operation to oust Venezuela’s Nicolás Maduro won’t derail the region’s strong recent performance. Despite the Trump administration’s saber-rattling in the Western Hemisphere, the region’s largest stocks mostly rose, tracking gains in U.S. markets. The S&P Latin America 40 index—home to blue-chip companies such as Brazil’s Banco Bradesco and Mexico’s Grupo México—was trading more than 2% higher Monday afternoon.
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- Brazil’s Stock Market Had a Knockout Year. More Gains Hinge on Political Change.
Dec 23, 2025
What’s driving the bull run in Brazilian stocks is the prospect of change under a new president after the election next October.
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- Bank Bradesco SA (BBD) Q3 2025 Earnings Call Highlights: Strong Revenue Growth and Strategic ...
Nov 6, 2025
This article first appeared on GuruFocus.
Recurring Net Income: BRL6.2 billion, up 2.3% year on year. Total Revenue: BRL30 billion, up 13.1% year on year. Net Interest Income (NII): Growth of almost 7-4%. Fee Income: Growth of almost 7%. Insurance Group Revenue: Growth of 13% year on year. Loan Portfolio: BRL1.34 billion, growth of 9.6% year on year. Client NII: Growth of 19% year on year. Operating Expenses: Growth of 9.6% year on year. Personnel and Admin Expenses: Growth of 5.5% year on year. Insurance Group ROE: Over 21%. Technical Provisions: BRL435 billion, growth of 10.5%. Common Equity Tier 1 (CET1): Growth of 0.4 percentage points. Footprint Adjustment: 1,269 points this year, 1,600 points in 12 months. Digital Customers: More than 14 million fully digital customers. SME Loan Growth: Almost 25% year on year. Credit Card Fee Income: Growth of almost 14%. Consortium Management Income: Growth of 22.1% year on year. Asset Management: BRL1 trillion of assets under management. Investment Banking: Year-to-date growth of 24.1%.
Warning! GuruFocus has detected 8 Warning Signs with BBD. Is BBD fairly valued? Test your thesis with our free DCF calculator.
Release Date: October 30, 2025
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Positive Points
Bank Bradesco SA (NYSE:BBD) reported a recurring net income of BRL6.2 billion for the third quarter of 2025, marking a 2.3% increase year on year. Total revenue reached BRL30 billion, up by 13.1% year on year, with significant growth in net interest income, fee income, and the insurance group. The bank's loan portfolio grew by 9.6% year on year, with notable growth in micro and SMEs, which saw a 25% increase. Operating expenses are well-contained, with personnel and admin expenses growing only 5.5% year on year, and a focus on maintaining efficiency. The insurance group delivered strong performance with an ROE over 21%, contributing to consistent profitability growth.
Negative Points
There was a BRL500 million variation in the cost of credit quarter on quarter, attributed to a one-off case in the wholesale bank. The bank's market share in private payroll loans decreased year on year, although it is now resuming growth. Investment banking showed a drop of 29.9% due to a high baseline from the previous quarter. Despite improvements, the bank's NPL for individuals remains higher compared to peers, indicating room for further improvement. The bank's efficiency ratio remains a challenge, with a goal to reduce it by 10 percentage points over the next three years.
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Q & A Highlights
Q: Can you provide insights into the cost management strategy and the footprint adjustments for 2026? A: Marcelo de Araujo Noronha, CEO, explained that the company has been accelerating the closure of service points beyond initial targets, with expectations to reduce the footprint by less than 1,000 points next year. The focus remains on maintaining strong control over expenses while being open to strategic investments that promise significant returns.
Q: What is the outlook for credit quality, particularly concerning the increase in NPLs for individuals and the performance of SME loans? A: Marcelo de Araujo Noronha, CEO, noted that the increase in NPLs for individuals was primarily due to issues with John Deere, which are under control. The SME portfolio is performing well, with a decrease in NPLs attributed to secured lending and government-backed lines. The cost of risk is expected to remain balanced.
Q: How does the company plan to manage market NII given the anticipated changes in the Selic rate? A: Cassiano Scarpelli, Executive Vice President, stated that the company expects an improvement in market NII with the anticipated decrease in the Selic rate. The treasury and balance management have been effective, and further positive impacts are expected as rates decline.
Q: Can you elaborate on the strategic plan's progress and any challenges faced in achieving the initial KPIs? A: Marcelo de Araujo Noronha, CEO, acknowledged that while the macroeconomic environment has been challenging, the company is making progress towards its strategic goals. The focus remains on improving efficiency and profitability, with significant investments in technology and workforce engagement.
Q: What is the company's approach to growing its market share in loans, and how does it align with profitability goals? A: Marcelo de Araujo Noronha, CEO, emphasized a cautious approach to growing market share, focusing on segments with high risk-adjusted returns. The company aims to increase its share in payroll loans, mortgage loans, and SMEs, aligning growth with profitability objectives.
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
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