Banco Bradesco (NYSE:BBD) Releases Quarterly Earnings Results, Hits Estimates

Banco Bradesco (NYSE:BBD) issued its quarterly earnings data on Friday. The bank reported $0.11 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.11, reports. The business had revenue of $3.51 billion during the quarter, compared to analysts’ expectations of $6.68 billion. Banco Bradesco had a return on equity of 12.95% and a net margin of 9.61%.

Here are the key takeaways from Banco Bradesco’s conference call:

• Bradesco reported strong profit growth with recurring net income up 20.6% in Q4 and 26.1% for FY2025, and ROAE reached 15.2%, exceeding its cost of capital for the first time.
• The bank is rapidly scaling digital retail — 19 million fully digital clients today, a 40x reduction in direct cost-to-serve, and a target of roughly 40 million digital clients by end‑2026.
• Credit momentum is broad‑based — total loan portfolio growth accelerated to ~11% for 2025, with micro/small/medium companies up 21.3% and SME market share rising to 16.6%, supporting NII and fee growth.
• Management is doubling down on technology and AI (“AI‑first”), with technology capex +22% in 2025, productivity gains (app delivery capacity tripled) and continued AI deployments (BIA GenAI) to drive long‑term competitiveness.
• Operating expenses rose 8.5% (driven by higher tech spending, profit‑sharing and some marketing), and management acknowledged market disappointment with the 2026 guidance, creating potential near‑term pressure on sentiment despite long‑term objectives.

Banco Bradesco Stock Down 1.6%

NYSE:BBD traded down $0.07 during mid-day trading on Friday, hitting $3.94. The stock had a trading volume of 62,998,767 shares, compared to its average volume of 41,203,797. Banco Bradesco has a twelve month low of $1.93 and a twelve month high of $4.28. The stock has a 50-day simple moving average of $3.57 and a two-hundred day simple moving average of $3.33. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.64. The company has a market capitalization of $41.88 billion, a PE ratio of 11.25, a PEG ratio of 0.37 and a beta of 0.52.

Banco Bradesco Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, April 8th. Investors of record on Wednesday, March 4th will be issued a $0.0036 dividend. This represents a c) annualized dividend and a yield of 1.1%. This is a positive change from Banco Bradesco’s previous monthly dividend of $0.00. The ex-dividend date of this dividend is Wednesday, March 4th. Banco Bradesco’s dividend payout ratio is 5.71%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “buy (b-)” rating on shares of Banco Bradesco in a report on Monday, December 29th. Three investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $2.00.

Institutional Investors Weigh In On Banco Bradesco

Hedge funds and other institutional investors have recently modified their holdings of the company. Orbis Allan Gray Ltd acquired a new position in shares of Banco Bradesco during the second quarter worth $250,398,000. Goldman Sachs Group Inc. lifted its stake in Banco Bradesco by 116.9% during the first quarter. Goldman Sachs Group Inc. now owns 33,132,112 shares of the bank’s stock worth $73,885,000 after purchasing an additional 17,853,712 shares during the last quarter. Marshall Wace LLP lifted its position in shares of Banco Bradesco by 103.9% during the 3rd quarter. Marshall Wace LLP now owns 32,045,389 shares of the bank’s stock worth $108,313,000 after buying an additional 16,331,155 shares during the last quarter. Wellington Management Group LLP grew its position in shares of Banco Bradesco by 7.5% in the 3rd quarter. Wellington Management Group LLP now owns 76,735,708 shares of the bank’s stock valued at $259,367,000 after buying an additional 5,374,146 shares during the last quarter. Finally, Sei Investments Co. raised its stake in Banco Bradesco by 38.0% during the 3rd quarter. Sei Investments Co. now owns 17,389,934 shares of the bank’s stock worth $58,778,000 after acquiring an additional 4,790,708 shares in the last quarter.

Banco Bradesco Company Profile

Banco Bradesco SA is a major Brazilian financial institution headquartered in Osasco, São Paulo. Founded in 1943 by Amador Aguiar, the bank has grown into one of Brazil’s largest private-sector banks, offering a full range of financial services to retail, small and medium-sized enterprises, corporate and institutional clients. It operates across the banking value chain, including deposit-taking, lending, payments, trade finance and treasury services, and it participates actively in Brazil’s retail and corporate credit markets.

The company’s product and service mix extends beyond traditional banking to include insurance, pension plans, asset management, leasing and credit card services, delivered through a combination of branches, automated teller machines and digital channels.