Banco Bradesco (NYSE:BBD) Posts Earnings Results, Meets Expectations

Banco Bradesco (NYSE:BBD) posted its quarterly earnings data on Friday. The bank reported $0.11 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.11, reports. The company had revenue of $3.51 billion during the quarter, compared to analyst estimates 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 Price Performance

NYSE BBD traded down $0.08 on Friday, reaching $3.93. 69,718,001 shares of the company’s stock traded hands, compared to its average volume of 41,394,074. The stock has a market cap of $41.77 billion, a PE ratio of 11.21, a P/E/G ratio of 0.37 and a beta of 0.52. Banco Bradesco has a 12 month low of $1.93 and a 12 month high of $4.28. The stock has a 50-day simple moving average of $3.57 and a 200 day simple moving average of $3.33. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.12 and a quick ratio of 1.12.

Banco Bradesco Increases Dividend

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

Hedge Funds Weigh In On Banco Bradesco

Several institutional investors and hedge funds have recently made changes to their positions in the business. Millennium Management LLC raised its position in Banco Bradesco by 28.4% in the 1st quarter. Millennium Management LLC now owns 6,834,192 shares of the bank’s stock worth $15,240,000 after purchasing an additional 1,510,481 shares during the period. Jones Financial Companies Lllp grew its stake in shares of Banco Bradesco by 3,749.8% during the first quarter. Jones Financial Companies Lllp now owns 38,613 shares of the bank’s stock valued at $86,000 after buying an additional 37,610 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Banco Bradesco by 116.9% in the first quarter. Goldman Sachs Group Inc. now owns 33,132,112 shares of the bank’s stock worth $73,885,000 after buying an additional 17,853,712 shares during the period. Sivia Capital Partners LLC bought a new stake in shares of Banco Bradesco in the 2nd quarter valued at about $62,000. Finally, JPMorgan Chase & Co. boosted its holdings in Banco Bradesco by 22.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 964,959 shares of the bank’s stock valued at $2,982,000 after acquiring an additional 174,126 shares during the period.

Analyst Ratings Changes

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

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.