AllAnalyst Report
logoMorningstarJuly 01, 2022

Banco Bradesco S.A.: Banco Bradesco’s Healthy Reserve Levels Remain Intact in 2022, but Uncertainty Remains

Symbols
BBD
Sector(s)
Financial Services
Rating
Current Price
$2.66
Fair Value
Economic Moat
Stewardship
Summary

Banco Bradesco is Brazil's second largest private bank, with about 15% of deposits, and the largest insurance provider in Brazil, with roughly 20%-25% market share. The bank is majority controlled by the Bradesco foundation--a private non-profit institution focused on education. Banking provides roughly 70% of profits, while the insurance segment contributes the remaining 30%. The ban

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