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Banco Bradesco S.A., together with its subsidiaries, provides various banking products and services in Brazil and internationally. The company operates in two segments, Banking and Insurance. It engages in banking operations, including investment, national, international, and private banking, as well as investment fund management, consortium administration, middle market and corporate activities, and leasing. The company also provides retail banking products, such as demand, savings, and time deposits, as well as mutual funds, foreign exchange services, and various loans and advances comprising overdrafts, credit cards, and loans with repayments in installments; and fund management and treasury services, corporate finance, and hedge and finance operations, which include working capital financing. In addition, it provides insurance products, such as life, pension, health, and non-life, as well as related insurance operations, supplemental pension plans, and capitalization bonds. Further, the company offers cards, consortia, service packages and fees, auctions, debt renegotiation, and accounts; and various services comprising related transactions and inquiries, profile and help, purchases and benefits, and permissions. It serves individuals, corporates, and businesses. The company was incorporated in 1943 and is headquartered in Osasco, Brazil.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Banco Bradesco S.A. is one of Brazil's largest private banks, providing retail and commercial banking, insurance, asset management and payments through an extensive branch and digital network. Long-term growth drivers include rising financial-services penetration in Brazil, scale in insurance and asset-management businesses, potential margin support from higher interest rates and ongoing digitalization that could improve efficiency and customer acquisition. The diversified revenue mix and large domestic deposit base may appeal to investors seeking franchise exposure to Brazil's banking sector.
Key risks include Brazil macroeconomic and political volatility, currency depreciation affecting ADR value, a deterioration in the credit cycle that could increase loan losses, and intensifying competition from fintechs and regional banks that may pressure margins.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 18491.45M | 16900.51M | 10208.35M | 24209.95M | 32852.37M |
| Minority interest | -251.93M | -289.25M | -243.49M | -233.51M | -208.48M |
| Net income | 23207.70M | 17252.90M | 14251.33M | 20983.69M | 23172.32M |
| Selling general administrative | 16072.37M | 37681.39M | 36006.42M | 37323.50M | 34666.74M |
| Selling and marketing expenses | 31505.33M | 5419.38M | 4638.99M | 5348.54M | 4418.74M |
| Gross profit | 118432.99M | 78693.40M | 68157.19M | 106337.33M | 102428.58M |
| Reconciled depreciation | 7063.27M | 6734.48M | 6416.99M | 5663.22M | 5772.90M |
| Ebit | -5955.33M | 16900.51M | 10208.35M | 155287.70M | 32643.88M |
| Ebitda | -3557.89M | 23634.99M | 16728.47M | 160950.92M | 38416.79M |
| Depreciation and amortization | 2397.44M | 6734.48M | 6520.12M | 5663.22M | 5772.90M |
| Operating income | -3835.19M | 16900.51M | 10208.35M | 155287.70M | 32643.88M |
| Other operating expenses | 346066.15M | 232708.81M | 244501.88M | 38424.26M | 34251.38M |
| Interest expense | 190036.04M | 144279.15M | 156376.05M | 131311.25M | 55121.32M |
| Tax provision | -2163.04M | -641.64M | -5315.88M | 2992.75M | 9471.56M |
| Interest income | 267113.34M | 211733.72M | 219013.87M | 200613.18M | 138223.35M |
| Net interest income | 73269.59M | 67454.56M | 63083.40M | 69301.93M | 83102.02M |
| Income tax expense | -2843.09M | -641.64M | -4294.41M | 2992.75M | 9471.56M |
| Total revenue | 342230.96M | 249609.33M | 254710.23M | 109001.11M | 102428.58M |
| Total operating expenses | 122268.18M | 61792.88M | 57948.84M | 38424.26M | 34251.38M |
| Cost of revenue | 223797.97M | 170915.93M | 186553.04M | 2663.78M | - |
| Total other income expense net | 22326.63M | -13909.53M | -12833.28M | -131077.75M | 208.48M |
| Net income from continuing ops | 23924.64M | 17542.15M | 13392.04M | 21217.20M | 23380.80M |
| Net income applicable to common shares | 24549.09M | 19085.45M | 15121.80M | 20732.17M | 21945.69M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 2330327.22M | 2069484.36M | 1927523.25M | 1799615.68M | 1675572.19M |
| Intangible assets | 19134.66M | 17018.57M | 15533.42M | 12257.72M | 8862.27M |
| Other current assets | -29414.08M | 3568.14M | 293039.95M | 136876.32M | 544352.91M |
| Total liab | 2151378.59M | 1900541.87M | 1760509.12M | 1640874.41M | 239149.60M |
| Total stockholder equity | 178415.15M | 168409.65M | 166330.96M | 158265.36M | 149776.84M |
| Deferred long term liab | - | - | - | 1285.38M | 1159.82M |
| Other current liab | 809325.78M | 650892.83M | -3691.04M | 43152.27M | 2059.22M |
| Common stock | 87100.00M | 87100.00M | 87100.00M | 87170.50M | 83170.50M |
| Capital stock | 87100.00M | 87100.00M | 87100.00M | 87170.50M | 83170.50M |
| Retained earnings | 90573.27M | 82022.56M | 75964.72M | 1244.04M | 992.52M |
| Other liab | - | - | - | 411157.03M | 337487.71M |
| Good will | 6605.00M | 6730.64M | 6573.73M | 6542.09M | 6048.73M |
| Other assets | 120314.91M | -33179.76M | -690546.39M | 605176.68M | 544352.91M |
| Cash | 160839.39M | 168357.96M | 41537.43M | 142983.86M | 128420.68M |
| Total current liabilities | 1159028.00M | 938668.13M | 48854.96M | 990312.96M | 2059.25M |
| Current deferred revenue | - | - | -369380.43M | - | 0.03M |
| Net debt | 637549.17M | 521172.56M | 264931.28M | 206242.92M | 110520.88M |
| Short term debt | 349702.22M | 283049.77M | 324289.03M | - | - |
| Short long term debt total | 798388.56M | 689530.52M | 359485.41M | 349226.77M | 238941.56M |
| Other stockholder equity | -98.13M | -498.23M | -76659.55M | -224.38M | -666.70M |
| Property plant equipment | 8626.61M | 7445.22M | - | 7876.17M | 9023.92M |
| Total current assets | 254848.08M | 329518.20M | 41537.43M | 384338.00M | 344445.54M |
| Long term investments | 816359.15M | 713539.57M | 716484.26M | 779330.05M | 758349.63M |
| Net tangible assets | - | - | - | 143020.18M | 139311.68M |
| Short term investments | 117518.14M | 124412.34M | 160823.10M | 215588.28M | 193516.54M |
| Net receivables | 5904.62M | 33179.76M | 25588.96M | 25765.87M | 22508.32M |
| Long term debt | 294870.66M | 403330.98M | 355866.02M | 344630.36M | 234280.08M |
| Inventory | - | - | -318628.91M | 1236.93M | 1208.82M |
| Accounts payable | - | - | 45091.40M | 593422.90M | 575889.98M |
| Accumulated other comprehensive income | 840.02M | -214.67M | 79925.79M | 70075.20M | 66280.52M |
| Non currrent assets other | 90283.05M | 313166.62M | -723771.54M | -62035.63M | -786773.74M |
| Non current assets total | 2074309.67M | 1739966.17M | 2576532.20M | 810100.99M | 786773.74M |
| Capital lease obligations | 3247.39M | 3149.77M | 3619.39M | 4596.41M | 4661.49M |
| Long term debt total | 294870.66M | 199141.69M | - | 84866.62M | 274634.93M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | 17357.65M | -5013.55M | 80300.89M | -17778.68M | -28238.89M |
| Change to liabilities | - | - | - | 0.00M | -11414.72M |
| Total cashflows from investing activities | 59830.22M | -5013.55M | 83606.23M | -17753.49M | -30720.24M |
| Net borrowings | 40109.88M | 290.49M | 14128.49M | 40552.93M | 10911.52M |
| Total cash from financing activities | 236529.48M | 117878.28M | -23062.77M | 21917.79M | -1608.76M |
| Change to operating activities | - | - | - | -197194.61M | -131203.70M |
| Net income | 23672.71M | 17252.90M | 10208.35M | 24209.95M | 32852.37M |
| Change in cash | -14506.97M | 21233.22M | 60605.16M | 46797.75M | -119434.67M |
| Begin period cash flow | 208023.80M | 186790.58M | 126185.42M | 71386.32M | 190820.99M |
| End period cash flow | 193516.83M | 208023.80M | 186790.58M | 118184.07M | 71386.32M |
| Total cash from operating activities | -310778.33M | -91326.29M | -177.63M | 41766.35M | -101995.30M |
| Depreciation | 7063.27M | 6734.48M | 6520.12M | 5663.22M | 5772.90M |
| Other cashflows from investing activities | 64852.44M | 22695.51M | 41322.89M | -7295.95M | 763.70M |
| Dividends paid | 11834.03M | 6542.00M | 8927.92M | 3656.76M | 9914.30M |
| Sale purchase of stock | -222.62M | -568.73M | 0.00M | -224.38M | -666.70M |
| Other cashflows from financing activities | 208476.25M | 124698.52M | -28263.35M | 93077.83M | 95081.00M |
| Change to netincome | - | - | - | 82796.53M | 9437.34M |
| Capital expenditures | 5022.23M | 2296.07M | 9140.63M | 9412.24M | 4410.11M |
| Change in working capital | -240615.04M | -208202.37M | -99715.52M | -67677.09M | -219294.43M |
| Other non cash items | -100899.26M | 92888.70M | 82809.42M | 79570.27M | 78673.86M |
| Free cash flow | -315800.55M | -93622.36M | -9318.26M | 32354.11M | -106405.42M |
Sector: Financial Services Industry: Banks - Regional
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
|---|---|---|---|---|---|---|---|
| BBD Banco Bradesco SA ADR |
0.03 1.20% |
2.54 | 9.47 | 9.94 | 0.48 | 1.21 | 3.71 |
| DBSDY DBS Group Holdings Ltd ADR |
-6.82 3.06% |
215.88 | 20.00 | 17.57 | 7.54 | 3.17 | 13.19 |
| CIHHF China Merchants Bank Co Ltd Class H |
- -% |
6.66 | 7.70 | 7.10 | 0.55 | 0.83 | 3.51 |
| CIHKY China Merchants Bank Co Ltd |
0.02 0.06% |
34.57 | 7.79 | 7.20 | 0.55 | 0.85 | 3.51 |
| UNCFF UniCredit SpA |
-0.81 0.94% |
85.79 | 11.53 | 10.27 | 5.72 | 1.83 | 8.22 |
Banco Bradesco S.A., together with its subsidiaries, provides various banking products and services in Brazil and internationally. The company operates in two segments, Banking and Insurance. It engages in banking operations, including investment, national, international, and private banking, as well as investment fund management, consortium administration, middle market and corporate activities, and leasing. The company also provides retail banking products, such as demand, savings, and time deposits, as well as mutual funds, foreign exchange services, and various loans and advances comprising overdrafts, credit cards, and loans with repayments in installments; and fund management and treasury services, corporate finance, and hedge and finance operations, which include working capital financing. In addition, it provides insurance products, such as life, pension, health, and non-life, as well as related insurance operations, supplemental pension plans, and capitalization bonds. Further, the company offers cards, consortia, service packages and fees, auctions, debt renegotiation, and accounts; and various services comprising related transactions and inquiries, profile and help, purchases and benefits, and permissions. It serves individuals, corporates, and businesses. The company was incorporated in 1943 and is headquartered in Osasco, Brazil.
| Name | Title | Year Born |
|---|---|---|
| Mr. Octavio de Lazari Jr., Junior | CEO & Member of Exec. Board | 1963 |
| Mr. Carlos Alberto Rodrigues Guilherme | Vice Chairman & Sec. | 1943 |
| Mr. Oswaldo Tadeu Fernandes | Deputy Exec. Director, CFO & Member of Exec. Board | 1970 |
| Mr. Cassiano Ricardo Scarpelli | Exec. VP Director & Member of Exec. Board | 1968 |
| Mr. Moacir Nachbar Jr., Junior | Exec. VP Director, Chief Risk Officer & Member of Exec. Board | 1965 |
| Mr. Marcelo de Araujo Noronha | Exec. VP Director & Member of Exec. Board | 1965 |
| Mr. Antonio Jose da Barbara | Managing Exec. Director & Member of Exec. Board | 1968 |
| Mr. André Rodrigues Cano | Exec. VP Director, Chief Risk Officer & Member of Exec. Board | 1958 |
| Mr. Jose Ramos Rocha Neto | Managing Exec. Director & Member of the Exec. Board: | 1968 |
| Mr. Joao Carlos Gomes da Silva | Exec. Managing Officer & Member of Board of Exec. Officers | 1961 |
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