Banco Bradesco SA (BBD) News & Sentiment

Bradesco's results for the fourth quarter of 2024 indicate slow loan growth, lower net interest income (NII), and increasing expenses, with important retail areas such as credit cards and current accounts declining. Although Bradesco has a 16% earnings yield, its valuation is less appealing than competitors like Santander Brasil and Banco do Brasil, which provide better growth and efficiency. The loan portfolio increased by 12% year-on-year, but the growth was mainly in riskier segments, and NII only rose by 5.4% year-on-year, falling short of the loan growth rate.

Banco Bradesco S.A. (NYSE:BBD) will hold its Q4 2024 Earnings Conference Call on February 7, 2025, at 8:30 AM ET. The call will feature company representatives, including CEO Marcelo de Araujo Noronha and Vice President Cassiano Ricardo Scarpelli, along with various participants from investment firms. Marcelo de Araujo Noronha will begin the call with a greeting.

Investors should closely monitor Banco Bradesco (BBD) stock due to recent activity in the options market.

Brazil's President Luiz Inacio Lula da Silva has chosen Nilton David, the chief trader at Bradesco bank, to be the new monetary policy director at the central bank, beginning in January, according to an announcement made on Friday.

Banco Bradesco's results for the third quarter of 2024 indicate a drop in market share, rising costs, and decreasing profit margins. However, net income improved because of fewer late payments. While the bank's loan portfolio increased by 8% compared to last year, it is losing ground in important areas such as personal loans, credit cards, and deposits, and there are worries about lower net interest margins and higher operating costs.

Banco Bradesco S.A. (NYSE:BBD) will hold its Q3 2024 Earnings Conference Call on October 31, 2024, at 9:30 AM ET. The call will feature company leaders, including CEO Marcelo Noronha and other executives. Various financial analysts from different institutions will also participate in the call.

Bradesco's second-quarter results surprised the market positively, but the stock is considered to be fairly priced.

Banco Bradesco S.A. (NYSE:BBD) will hold its Q2 2024 Earnings Conference Call on August 5, 2024, at 9:30 AM ET. The call will feature company leaders, including CEO Marcelo Noronha and other executives. Various conference call participants from different financial institutions will also be present.

Bradesco's financial indicators have been heavily impacted by banking digitization and increased competition. The bank's managers are introducing changes to the company's structure, processes, and culture in response to these challenges. However, despite the discounted valuation there is still no clear inflection point in the company's results, which raises skepticism.