BBD Financial Services

Banco Bradesco S.A.

$2.47-3.52%

Price as of close on Nov 3, 2026 · Financials updated Nov 1, 2026

Basics

Sector: Financial Services
Industry: Banks - Regional
Country: Brazil
Market cap: 27.6B USD
Full-time employees: 79,050

Overall health

Strength: growing faster than most peersgrowing faster than peers
Drawback: its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings
About average: profitability

Ranks #528 of 791 banks & insurance companies (bottom 34%)

Based on 3 categories: banks and insurers are not rated on risk.

Scored as a bank or insurer: cash-flow, EBITDA, gross margin and current ratio aren’t scored; they are under “Other data”.

See how it ranks against its peers

Worth knowing

Financials may be out of date. Latest financial period ended 10 months ago.
The latest financial period we have ended 10 months ago, so the scores may not reflect recent results.
Steadier share price. Beta 0.19: tends to move less than the market.
Banco Bradesco's shares have swung less with the market than most peers' (beta 0.19, below the market's 1.0).

StockQuotient Score

44/ 100▲ 1 since Oct 27 close

Oct 5 43 → Nov 4 44 (+1)

Valuation

Is the price right?

1/100

Weak▲ 1 since Oct 27 close

2/2 inputs reported · High confidence

Since last year: No major changeValuation also moves with the share price every day.

Why it changed since the Oct 27, 2026 close: Score 0 → 1

Peer companies moved+1

Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.

Why

Weaker than most peers on:

▼ P/B
▼ Earnings yield

Compare with peers

Behind the score

Earnings yield (P/E) and book yield (P/B) versus other banks and insurers.

Book yield0.0%

SEC filings (IFRS mapped) · latest balance sheet · BRL→USD at the current rateOutlier capped at sector 5th/95th percentile40% base weight · Z-score -2.06Sector median: 0.7950 · MAD: 0.2843

Earnings yield0.0%

SEC filings (IFRS mapped) · 12 months to Dec 2025 · BRL→USD at the current rateReported value60% base weight · Z-score -3.12Sector median: 0.0789 · MAD: 0.0253

Other data (not scored)

EBITDA yieldUnavailable

Missing · left out of the scoreInformational · 0% composite weightSector median: 0.1095 · MAD: 0.0527

Free cash flow yield-0.0%

SEC filings (IFRS mapped) · 12 months to Dec 2025 · BRL→USD at the current rate · operating cash flow − capital spendingNegative (a loss or cash outflow), so it counts as zero whatever the share priceInformational · 0% composite weightSector median: 0.0796 · MAD: 0.0459

Growth

Is it growing?

75/100

Moderate

1/1 inputs reported · High confidence

Since last year: No major change

Why

Stronger than most peers on:

▲ EPS growth

Compare with peers

Behind the score

Earnings-per-share growth versus other banks and insurers.

Earnings per share growth37.5%

SEC filings (IFRS mapped) · 12 months to Dec 2025Reported value100% base weight · Z-score 1.21Sector median: 0.1599 · MAD: 0.1775

Other data (not scored)

3-year revenue growth2.7%

Yahoo Finance fallback · SEC figure unavailable or out of date · 3 fiscal years to Dec 2025Reported valueInformational · 0% composite weightSector median: 0.0826 · MAD: 0.0558

Revenue growth11.9%

Yahoo Finance fallback · SEC figure unavailable or out of date · fiscal year to Dec 2025Reported valueInformational · 0% composite weightSector median: 0.0866 · MAD: 0.0782

Profitability

Does it earn well?

55/100

Moderate

2/2 inputs reported · High confidence

Since last year: ▼ Weaker

Free cash flow turned negative over the last 12 months

Why

Helped by:

▲ ROE

Compare with peers

Behind the score

Return on equity and return on assets versus other banks and insurers.

Return on assets1.0%

SEC filings (IFRS mapped) · 12 months to Dec 2025Reported value50% base weight · Z-score -0.25Sector median: 0.0117 · MAD: 0.0062

Return on equity13.3%

SEC filings (IFRS mapped) · 12 months to Dec 2025Reported value50% base weight · Z-score 0.65Sector median: 0.1074 · MAD: 0.0388

Other data (not scored)

Gross marginUnavailable

Missing · left out of the scoreInformational · 0% composite weightSector median: Unavailable · MAD: Unavailable

Operating marginUnavailable

Missing · left out of the scoreInformational · 0% composite weightSector median: 0.1450 · MAD: 0.1678

Return on invested capitalUnavailable

Missing · left out of the scoreInformational · 0% composite weightSector median: Unavailable · MAD: Unavailable

Risk

Debt, liquidity, price swings

Not rated

Not rated for banks and insurers: debt and share-price swings say little about their risk. We leave it blank rather than fill the gap with a made-up middle value.

Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.

Questions investors ask about Banco Bradesco

Is Banco Bradesco getting weaker?: Its latest SEC filing (Mar 25, 2026) got weaker in some ways: free cash flow turned negative over the last 12 months. Its overall score is 44/100, up 1 since Oct 28, 2026.
How is Banco Bradesco valued vs its peers?: Priced higher than most peers relative to what it earns. Valuation scores 1/100 against 950 banks & insurance peers. Book yield 0.0% vs a peer median of 79.5% (weaker than 100% of peers).Book yield 0.0% vs peers 79.5% (weaker than 100% of peers).
Is Banco Bradesco growing?: Yes, faster than most of its peers. Growth scores 75/100 against 950 banks & insurance peers. Earnings per share growth 37.5% vs a peer median of 16.0% (stronger than 75% of peers).Earnings per share growth 37.5% vs peers 16.0% (stronger than 75% of peers).
How profitable is Banco Bradesco?: About as profitable as its peers. Profitability scores 55/100 against 950 banks & insurance peers. Return on equity 13.3% vs a peer median of 10.7% (stronger than 67% of peers).Return on equity 13.3% vs peers 10.7% (stronger than 67% of peers).
How risky is Banco Bradesco?: Not rated for banks and insurers: debt and share-price swings say little about their risk.

Latest filing: what changed

Year ended Dec 31, 2025 · filed Mar 25, 2026 · compared with the year ended Dec 31, 2024

Got weaker

Free cash flow turned negative over the last 12 months

	Previous year	Latest year	Change
Net income (12 months)	17.3B BRL	23.7B BRL	+37.2%
Free cash flow (12 months)	47.9B BRL	−67.6B BRL	turned negative
Debt	46.8B BRL	39.0B BRL	−16.6%
Cash	208.0B BRL	193.5B BRL	−7.0%

From the company’s own SEC filings, as filed. Twelve-month figures roll forward one year at a time.

Financials

Fiscal years from SEC annual filings · change vs the prior year · amounts in BRL, as reported

Key ratios	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Change
Return on assets (ROA)	1.4%	1.2%	0.7%	0.8%	1.0%	▲ 0.2 pts
Return on equity (ROE)	15.5%	13.3%	8.6%	10.2%	13.3%	▲ 3.0 pts
Debt to equity	0.18×	0.20×	0.14×	0.28×	0.22×	▼ 21%

BBD price history

Price history is added with the daily price update and will appear after the next one.

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Bringing the fundamentals into focus…

Overall health

Strength: growing faster than most peersgrowing faster than peers

Drawback: its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings

About average: profitability

Ranks #528 of 791 banks & insurance companies (bottom 34%)

Based on 3 categories: banks and insurers are not rated on risk.

Scored as a bank or insurer: cash-flow, EBITDA, gross margin and current ratio aren’t scored; they are under “Other data”.

See how it ranks against its peers

Worth knowing

Financials may be out of date. Latest financial period ended 10 months ago.

The latest financial period we have ended 10 months ago, so the scores may not reflect recent results.

Steadier share price. Beta 0.19: tends to move less than the market.

Banco Bradesco's shares have swung less with the market than most peers' (beta 0.19, below the market's 1.0).

Questions investors ask about Banco Bradesco

Is Banco Bradesco getting weaker?

Its latest SEC filing (Mar 25, 2026) got weaker in some ways: free cash flow turned negative over the last 12 months. Its overall score is 44/100, up 1 since Oct 28, 2026.

How is Banco Bradesco valued vs its peers?

Priced higher than most peers relative to what it earns. Valuation scores 1/100 against 950 banks & insurance peers. Book yield 0.0% vs a peer median of 79.5% (weaker than 100% of peers).Book yield 0.0% vs peers 79.5% (weaker than 100% of peers).

Is Banco Bradesco growing?

Yes, faster than most of its peers. Growth scores 75/100 against 950 banks & insurance peers. Earnings per share growth 37.5% vs a peer median of 16.0% (stronger than 75% of peers).Earnings per share growth 37.5% vs peers 16.0% (stronger than 75% of peers).

How profitable is Banco Bradesco?

About as profitable as its peers. Profitability scores 55/100 against 950 banks & insurance peers. Return on equity 13.3% vs a peer median of 10.7% (stronger than 67% of peers).Return on equity 13.3% vs peers 10.7% (stronger than 67% of peers).

How risky is Banco Bradesco?

Not rated for banks and insurers: debt and share-price swings say little about their risk.

Previous year

Latest year

Change

Net income (12 months)

17.3B BRL

23.7B BRL

+37.2%

Free cash flow (12 months)

47.9B BRL

−67.6B BRL

turned negative

Debt

46.8B BRL

39.0B BRL

−16.6%

Cash

208.0B BRL

193.5B BRL

−7.0%

Key ratios

FY 2021

FY 2022

FY 2023

FY 2024

FY 2025

Change

Return on assets (ROA)

1.4%

1.2%

0.7%

0.8%

1.0%

▲ 0.2 pts

Return on equity (ROE)

15.5%

13.3%

8.6%

10.2%

13.3%

▲ 3.0 pts

Debt to equity

0.18×

0.20×

0.14×

0.28×

0.22×

▼ 21%