Banco Bradesco (BBD) Projected to Post Quarterly Earnings on Wednesday

Banco Bradesco (NYSE:BBDGet Free Report) is anticipated to release its Q2 2025 earnings data after the market closes on Wednesday, July 30th. Analysts expect Banco Bradesco to post earnings of $0.10 per share and revenue of $32.70 billion for the quarter.

Banco Bradesco (NYSE:BBDGet Free Report) last issued its earnings results on Wednesday, May 7th. The bank reported $0.09 EPS for the quarter, meeting the consensus estimate of $0.09. Banco Bradesco had a net margin of 9.08% and a return on equity of 12.33%. The firm had revenue of $5.69 billion during the quarter, compared to the consensus estimate of $31.24 billion. On average, analysts expect Banco Bradesco to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Banco Bradesco Stock Down 1.6%

Shares of NYSE:BBD opened at $2.80 on Monday. Banco Bradesco has a 52 week low of $1.84 and a 52 week high of $3.13. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.76 and a current ratio of 0.76. The company has a market capitalization of $29.74 billion, a PE ratio of 8.73, a PEG ratio of 0.40 and a beta of 0.71. The company has a 50 day moving average price of $2.93 and a two-hundred day moving average price of $2.45.

Banco Bradesco Cuts Dividend

The company also recently announced a — dividend, which will be paid on Tuesday, February 10th. Shareholders of record on Wednesday, July 2nd will be paid a $0.0351 dividend. This represents a yield of 4.7%. The ex-dividend date of this dividend is Wednesday, July 2nd. Banco Bradesco’s payout ratio is presently 9.38%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Citigroup raised shares of Banco Bradesco from a “hold” rating to a “buy” rating in a research note on Wednesday, May 28th. Bank of America raised shares of Banco Bradesco from a “neutral” rating to a “buy” rating in a research note on Thursday, May 8th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $2.40.

Get Our Latest Report on BBD

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in BBD. Millennium Management LLC boosted its holdings in shares of Banco Bradesco by 28.4% in the first quarter. Millennium Management LLC now owns 6,834,192 shares of the bank’s stock valued at $15,240,000 after buying an additional 1,510,481 shares during the period. Jones Financial Companies Lllp boosted its holdings in shares of Banco Bradesco by 3,749.8% in 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 period. Finally, Goldman Sachs Group Inc. boosted 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 valued at $73,885,000 after buying an additional 17,853,712 shares during the period.

Banco Bradesco Company Profile

(Get Free Report)

Banco Bradesco SA, together with its subsidiaries, provides various banking products and services to individuals, corporates, and businesses in Brazil and internationally. The company operates through two segments, Banking and Insurance. It provides current, savings, click, and salary accounts; real estate credit, vehicle financing, payroll loans, mortgage loans, microcredit, leasing, and personal and installment credit; overdraft and agribusiness loans; debit and business cards; financial and security services; consortium products; car, personal accident, dental, travel, and life insurance; investment products; pension products; foreign currency exchange services; capitalization bonds; and internet banking services.

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Earnings History for Banco Bradesco (NYSE:BBD)

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