ITEM 4. INFORMATION ON THE COMPANY 4.A. History and Development of the Company We are a sociedade anônima organized under the laws of Brazil. Our headquarters are in Cidade de Deus, Vila Yara, 06029-900, Osasco, São Paulo, Brazil, and our telephone number is +55 (11) 3684-4011. Our investor relations website is located at bradescori.com.br. Our New York Branch is located at 450 Park Avenue, 32nd and 33rd floors, New York 10022. We were founded in 1943 as a commercial bank under the name “Banco Brasileiro de Descontos S.A.”. In 1948, we began a period of aggressive expansion, which led to our becoming the largest private sector (non-government controlled) commercial bank in Brazil by the end of the 1960s. We expanded our activities nationwide during the 1970s and became well established in both urban and rural markets in Brazil.
| Metric | TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | 39.0B | 39.0B | 42.5B | 39.1B | 25.6B | 23.2B |
| Net Income | 3.2B | 3.2B | 2.9B | 4.2B | 4.3B | 3.1B |
| EPS | $0.61 | $0.61 | $0.55 | $0.79 | $0.81 | $0.58 |
| Free Cash Flow | 8.8B | 8.8B | -428M | 9.2B | -19.1B | 27.6B |
| ROIC | 48.5% | 10.4% | 8.9% | 13.9% | 15.8% | 11.4% |
| Gross Margin | 4.2% | 4.2% | 2.5% | 2.0% | 4.4% | 6.3% |
| Debt/Equity | 0.00 | 11.25 | 10.54 | 10.46 | 10.24 | 9.98 |
| Dividends/Share | $0.23 | $0.23 | $0.34 | $0.13 | $0.35 | - |
| Operating Income | 1.9B | 1.9B | 3.7B | 1.8B | -1.2B | 15.2B |
| Operating Margin | 4.9% | 4.9% | 8.6% | 4.7% | -4.9% | 65.8% |
| ROE | 10.4% | 10.4% | 8.9% | 13.9% | 15.8% | 11.4% |
| Shares Outstanding | 5,293M | 5,293M | 5,307M | 5,297M | 5,315M | 5,338M |
BANK BRADESCO passes 2 of 9 quality checks, indicating weak fundamentals.
BANK BRADESCO trades at 6.1x trailing earnings, compared to its 15-year median P/E of 4.9x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 2.2x vs a median of 1.1x. The company's 5-year average ROIC is 12.1% with a gross margin of 3.9%. Total shareholder yield (dividends) is 6.1%. At current prices, the estimated annualized return to fair value is +5.2%.
BANK BRADESCO (BBDO) has a current P/E ratio of 6.1, compared to its historical median P/E of 4.9. The stock is currently considered Fair based on its historical valuation range.
BANK BRADESCO (BBDO) has a 5-year average return on invested capital (ROIC) of 12.1%. This indicates solid capital allocation.
BANK BRADESCO (BBDO) has a market capitalization of $19.6B. It is classified as a large-cap stock.
Yes, BANK BRADESCO (BBDO) pays a dividend with a trailing twelve-month yield of 6.14%.
Based on historical P/E analysis, BANK BRADESCO (BBDO) appears fair. The current P/E of 6.1 is 23% above its historical median of 4.9. The estimated fair value CAGR (P/E method) is -8.9%.
BANK BRADESCO (BBDO) operates in the State Commercial Banks industry, within the Financials sector.
BANK BRADESCO (BBDO) reported annual revenue of $39.0 billion in its most recent fiscal year, based on SEC EDGAR filings.
BANK BRADESCO (BBDO) has a net profit margin of 8.3%. This is a modest margin.
BANK BRADESCO (BBDO) generated $8.8 billion in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
BANK BRADESCO (BBDO) has a debt-to-equity ratio of 11.25. This indicates higher leverage, which may increase financial risk.
BANK BRADESCO (BBDO) reported earnings per share (EPS) of $0.61 in its most recent fiscal year.
BANK BRADESCO (BBDO) has a return on equity (ROE) of 10.4%. This indicates moderate shareholder returns.
BANK BRADESCO (BBDO) has a 5-year average gross margin of 3.9%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 14 years of financial data for BANK BRADESCO (BBDO), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
BANK BRADESCO (BBDO) has a book value per share of $5.89, based on its most recent annual SEC filing.
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