BBD - Banco Bradesco S.A.

NYSE - NYSE Delayed Price. Currency in USD
+0.1000 (+2.47%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Bullishpattern detected
Triple Moving Average Crossover

Triple Moving Average Crossover

Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
Previous Close4.0500
Bid0.0000 x 28000
Ask0.0000 x 27000
Day's Range3.9400 - 4.1500
52 Week Range2.6800 - 10.3000
Avg. Volume21,665,900
Market Cap35.347B
Beta (5Y Monthly)1.29
PE Ratio (TTM)5.93
EPS (TTM)0.7000
Earnings DateN/A
Forward Dividend & Yield0.05 (1.10%)
Ex-Dividend DateJul 02, 2020
1y Target Est6.58
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
Near Fair Value
-1% Est. Return
Research that delivers an independent perspective, consistent methodology and actionable insight
Related Research
View more
  • Hedge Funds Are Selling Banco Bradesco SA (BBD)
    Insider Monkey

    Hedge Funds Are Selling Banco Bradesco SA (BBD)

    In this article you are going to find out whether hedge funds think Banco Bradesco SA (NYSE:BBD) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks […]

  • Reuters

    Private equity firm IG4 to acquire Brazil's grain terminal in Itaqui port- statement

    Private equity fund IG4 has signed a deal with Brazil's CGG Trading and its creditors to acquire CLI, a company which owns one of the largest grain terminals in the country, in the northern port of Itaqui, the fund said in a statement. The deal includes the restructuring of $236 million in debt owed by CGG Trading and conversion on part of the debt into equity. IG4 will also pay an undisclosed value to buy a stake on the port given as collateral to CGG's creditor banks.

  • Reuters

    INSIGHT-Brazil's rescue plan flaws imperil small business recovery

    Most of Brazil's small businesses, which account for more than half of its jobs and 30% of gross domestic product, are not getting the cash President Jair Bolsonaro pledged to help them through the coronavirus crisis, putting recovery at risk. Despite a $7 billion program to help small and medium-sized businesses pay their workers as lockdowns tipped Brazil into its steepest annual downturn since records began, banks have so far only 5% distributed of the funds, Economy Ministry data shows. Jose Eutimio Brandao Jr, who fired 50 of the 170 people he employed at a bar, restaurant, bakery and nightclub in the northeastern state of Alagoas, is one of those affected.

  • Why Brazilian Stocks Jumped Today Before Giving Back Some Gains
    Motley Fool

    Why Brazilian Stocks Jumped Today Before Giving Back Some Gains

    Brazil's investors were ebullient today. Shares of Brazilian stocks of all sorts shot out of the gate Tuesday morning along with the broader market, with financial firms Banco Bradesco (NYSE: BBD) and Itau Unibanco (NYSE: ITUB), meat processor BRF (NYSE: BRFS), and oil major Petroleo Brasileiro (NYSE: PBR) (NYSE: PBR.A) all notching gains of roughly 10% or more in early trading.

  • Reuters

    Brazilian lender Bradesco starts diagnostic tests on workers

    Brazilian lender Banco Bradesco SA said on Friday it had started to test branch employees for COVID-19, the first part of a program planned for almost all of its nearly 100,000 employees. Bradesco, the second largest private-sector Brazilian lender, said the first tests had been carried out on about 100 employees of branches in São Paulo and Rio de Janeiro. "This mapping will allow us to contribute to our national effort to flatten the disease spread curve," Bradesco Chief Executive Octavio de Lazari said in a statement.

  • Reuters

    Brazil's development bank BNDES to provide $704 mln to finance small companies

    Brazilian state-development bank BNDES will invest 4 billion reais ($703.52 million) in asset managers focused on financing small companies, according to a document released on Wednesday. BNDES said it will invest in up to 10 private credit funds, to be selected in the coming weeks. Commonly financed by institutional investors, such funds aim to provide an alternative to bank lending for companies too small to finance themselves through debt or equity offerings.

  • Reuters

    Embraer, airlines hire advisers to discuss govt support, restructuring -sources

    At least two Brazilian airlines and planemaker Embraer SA have hired investment banks to help with talks with state development bank BNDES for government support, sources with knowledge of the matter said. Embraer has hired Itau BBA, the investment banking unit of Itau Unibanco Holding SA, two sources said. Embraer is seeking credit lines between $1 billion and $1.5 billion after a deal with Boeing Co fell through.

  • Banco Bradesco Sa (BBD) Q1 2020 Earnings Call Transcript
    Motley Fool

    Banco Bradesco Sa (BBD) Q1 2020 Earnings Call Transcript

    BBD earnings call for the period ending March 31, 2020.

  • Reuters

    EMERGING MARKETS-Latam stocks, FX decline; Pemex's steep loss deepens Mexico's woes

    Brazil's real and Mexico's peso fell about 1.7% and 1.3%, respectively. Latin American currencies were also seen underperforming over the month in comparison to their emerging market peers. The MSCI's index of regional currencies was set to fall around 3% in April, while a broader index of developing world currencies <.MIEM00000CUS was set to add 0.5%.

  • Reuters

    EMERGING MARKETS-Latam stocks, FX set to lag emerging market peers in April

    * Stocks and FX fall on the day amid further risk aversion * Mexican economy marks worst qtrly contraction since 2009 * Brazil's real to underperform regional peers * Chilean, Colombian pesos to gain for the month By Ambar Warrick April 30 (Reuters) - Latin American currencies dropped on Thursday, and were set to end the month lower as continued signs of economic damage from the coronavirus outbreak added to concerns over stability in regional economies. Brazil's real and Mexico's peso fell about 1.6% and 0.8%, respectively. Latin American currencies were also seen underperforming over the month in comparison to their emerging market peers.

  • Reuters

    How housebound Brazil popstars and CEOs caught streaming mania and dominated YouTube

    The concert, which drew 3.3 million peak concurrent viewers - a worldwide record for YouTube - was one of the most dramatic signs yet of how live streaming has gone viral in Brazil as the coronavirus lockdown has virtually paralyzed Latin America's most populous country. With much of the world stuck at home, YouTube's top 10 most-watched concerts in real time all took place this month - and seven of those were by Brazilian artists, the Alphabet Inc-owned platform said. Mendonca led the list, followed by sertanejo duo Jorge & Mateus, ahead of Andrea Bocelli's solo Easter concert from an empty Duomo cathedral in Milan.

  • Reuters

    Brazilian banks postpone $4 bln in debts for consumers, companies

    Brazilian banks have so far postponed 22.2 billion reais ($3.91 billion) in debt installments due in the coming months, in a move to help consumers and companies amid the coronavirus outbreak, the country's bank industry group said on Monday. In March, Brazil's top-five lenders - Itau Unibanco Holding SA, Banco do Brasil SA, Banco Bradesco SA , Banco Santander Brasil SA and Caixa Economica Federal - said they would offer clients a grace period of between two and six months to pay debt installments amid the economic crisis stemming from the pandemic.

  • Reuters

    Brazil's Bradesco to raise up to $2.3 bln with central bank - exec

    Brazil's second largest private-sector bank, Banco Bradesco SA, plans to raise between 8 billion reais and 12 billion reais ($2.29 billion) through a new coronavirus-related central bank program, one of its vice presidents said in an interview on Wednesday. Cassiano Scarpelli said although the bank does not need the funds, it will raise the funds backed by its credit portfolio as a way of testing the central bank plan for possible future use. The liquidity plan cleared by the central bank's Monetary Council earlier this month could allow banks to issue up to 650 billion reais in loans to ease the coronavirus-related downturn, which economists say could be the region's worst in decades.

  • Reuters

    Brazil's government talks to banks about bailout role -sources

    Brazil's economy ministry is talking with private banks about providing bailouts to airlines, automakers, power companies and large retailers to help them survive the coronavirus crisis, two sources with knowledge of the matter said on Wednesday. Economy Minister Paulo Guedes met with the chief executives of the largest privately-owned Brazilian lenders, Banco Bradesco SA, Itau Unibanco Holding SA, Banco Santander Brasil SA over the weekend and on Monday to discuss which debt instruments would be needed, the sources said on condition of anonymity. The heads of the Brazilian central bank, state development bank BNDES and state-controlled Banco do Brasil SA's also attended the meetings, which are expected to continue in the coming days.

  • Reuters

    Brazil's Bradesco mulls issuance of new bank subordinated debt

    Brazil's second largest private lender Banco Bradesco SA said it is likely to borrow money from the country's central bank using its credit portfolio as collateral this month, vice-president Cassiano Scarpelli said in a call on Monday. Earlier in April, the country's Monetary Council authorized the central bank to lend directly to banks using credit portfolios as collateral, in a move that would allow banks in Brazil to issue 650 billion reais in new loans.

  • Reuters

    Bradesco's CEO says Brazilian banks likely to extend retail debt maturities again

    Brazilian banks are likely to have to extend retail debt payments again as consumers and small businesses are unlikely to be able to pay it down in two months, the chief executive officer of Banco Bradesco SA said on Wednesday. In March, Brazilian banks paused retail debt payments for two months amid the crisis caused by the new coronavirus. CEO Octavio de Lazari said banks may pause debts for up to six months without being required to make provisions for them.

  • Moody's

    Banco Bradesco S.A., Grand Cayman Branch -- Moody's announces completion of a periodic review of ratings of Banco Bradesco S.A.

    Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Banco Bradesco S.A. New York, April 02, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Banco Bradesco S.A. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

  • Reuters

    Brazil's Central Bank authorized to lend to banks against credit portfolios worth $124 bln

    Brazil's Monetary Council has authorized the central bank to lend directly to banks using credit portfolios as collateral, according to a statement posted on the central bank's website regarding a decision announced on Wednesday. The temporary credit line to the banks will help the financial system deal with the strong demand for credit caused by the fallout from the coronavirus pandemic, the statement added. The central bank estimates total credit portfolios that may be used as collateral may reach 650 billion reais ($124 billion).

  • Reuters

    Brazil's bank fund to boost deposit insurance for CDs

    Brazil's deposit insurance fund plans to double its backing for special certificates of deposit the country's lenders sell to investors, in a move to boost the banks' liquidity amid the coronavirus crisis, according to a document posted on the fund's website. The move would mean that investors could buy up to 40 million reais ($7.6 million) of the special CDs with the guarantee they would be made whole even if the issuing bank were to fail, up from a current 20 million reais. The banks that contribute to the fund, such as Banco do Brasil SA, Itau Unibanco Holding SA and Banco Bradesco SA, will vote on the change in an online meeting on Friday, according to the document.

  • Hedge Funds Have Never Been More Bullish On Banco Bradesco SA  (BBD)
    Insider Monkey

    Hedge Funds Have Never Been More Bullish On Banco Bradesco SA (BBD)

    Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]

  • Howard Marks' Oaktree Buys 4 Stocks in 4th Quarter

    Howard Marks' Oaktree Buys 4 Stocks in 4th Quarter

    Firm establishes new positions in Alibaba and Bank Bradesco and buys preferred stock Continue reading...

  • Reuters

    EMERGING MARKETS-Latam markets rise on China virus fight hopes and Brazil rate cuts

    * Risk appetite rises on coronavirus treatment hopes * Brazil central bank delivers expected rate cut * Chilean peso firms as copper jumps to one-week high (New throughout, updates prices, market activity and comments) By Sruthi Shankar Feb 5 (Reuters) - Latin American currencies and stocks rose on Wednesday for a third session, as appetite grew for riskier assets on reports of progress on the battle against China's coronavirus, and as Brazil's central bank lowered its benchmark interest rate. A Chinese university team said it found a drug to treat people infected with the virus while UK researchers claimed a "significant breakthrough" in the search for a vaccine.

  • Reuters

    EMERGING MARKETS-Latam assets gain for a third session; real flat before rate decision

    * Reports of coronavirus treatment buoy risk appetite * Brazil's central bank to deliver modest rate cut -poll * Chilean peso firms as copper jumps to one-week high * Argentina's Buenos Aires averts falling into default By Shreyashi Sanyal Feb 5 (Reuters) - Latin American assets rose for a third straight session on Wednesday, as investors took comfort from China's efforts to ease the impact of a deadly virus outbreak, while Brazil's real remained rangebound ahead of a central bank decision. Beijing's tight containment measures, along with the billions of dollars pumped into markets by Chinese authorities helped investors regain appetite for riskier assets in the emerging markets space.

  • Reuters

    Brazil's Economy Ministry clears Bradesco in tax probe

    Brazil's Economy Ministry has cleared private lender Banco Bradesco SA on a tax probe, as it could not prove that the bank tried to dodge a 3 billion real tax fine, the bank said in a securities filing.