Markets · Stocks & ETFs · ADR

Banco Bradesco (Preferred) (NYSE: BBD)

$3.14-0.32%today

Brazilian ADR trading on the NYSE, priced in US dollars.

Market Cap
$34.20B
P/E (TTM)
7.5x
P/B
0.9x
EPS (TTM)
$0.42
Dividend Yield
1.42%
52-Week Range
$2.84 – $4.30
Volume
27.73M
Previous Close
$3.15

TTM = trailing twelve months — the most recent 12 months (a rolling window), used for P/E, EPS and dividends. On the tables and charts below, the in-progress current year appears as a “Last 12M” column labelled with the quarter range it covers.

Performance

Today
-0.32%
1 Week
-5.71%
1 Month
-11.30%
YTD
-5.71%
1 Year
+6.08%
5 Years
-27.82%
Banco Bradesco (Preferred) logo

About Banco Bradesco (Preferred)

US Ticker
BBD
B3 Ticker
BBDC4
Exchange
NYSE
Currency
USD
Sector
Financial Services
Industry
Banks - Regional
Headquarters
Osasco, SP, Brazil
Employees
68,814
CEO
Mr. Marcelo de Araujo Noronha
Founded
1943

Banco Bradesco S.A., together with its subsidiaries, provides various banking products and services in Brazil and internationally.

The company operates in two segments, Banking and Insurance.

It engages in banking operations, including investment, national, international, and private banking, as well as investment fund management, consortium administration, middle market and corporate activities, and leasing.

The company also provides retail banking products, such as demand, savings, and time deposits, as well as mutual funds, foreign exchange services, and various loans and advances comprising overdrafts, credit cards, and loans with repayments in installments; and fund management and treasury services, corporate finance, and hedge and finance operations, which include working capital financing.

In addition, it provides insurance products, such as life, pension, health, and non-life, as well as related insurance operations, supplemental pension plans, and capitalization bonds.

Further, the company offers cards, consortia, service packages and fees, auctions, debt renegotiation, and accounts; and various services comprising related transactions and inquiries, profile and help, purchases and benefits, and permissions.

It serves individuals, corporates, and businesses.

The company was incorporated in 1943 and is headquartered in Osasco, Brazil.

banco.bradesco

Analyst Ratings

Consensus of 4 Wall Street analysts · sourced from Yahoo Finance

2.2Buy

On a 1–5 scale: 1 = Strong Buy, 3 = Hold, 5 = Sell. Lower is more bullish.

12-Month Price Target

Low
$3.69
Average
$4.55
High
$5.50

The average target is +44.82% above the current price of $3.14.

Financial Results

Revenue, EBITDA and net profit (in USD) with net margin (net profit ÷ revenue).

Financial Health

Margins, leverage and cash-flow quality derived from Banco Bradesco (Preferred)'s income statement, balance sheet and cash flow (absolute figures in USD).

ProfitabilityLeverageGrowth

Overall: Financially Solid

Net Margin
7.1%
ROE
13.4%
Rev Growth (YoY)
+9.52%
Net Debt / EBITDA
19.54×
Current Ratio
0.24×
Interest Coverage
0.12×
Free Cash Flow
112.70B
Payout Ratio
36.4%

Income — Margins & Efficiency

MetricLast 12MQ3'25 – Q2'26Δ2025Δ2024Δ2023Δ2022
Revenue$341,329,117,000+9.5%$311,657,992,000+24.9%$249,609,327,000-2.0%$254,710,232,000+6.3%$239,648,953,000
Gross profit$93,446,799,000+4.8%$89,136,382,000+13.3%$78,693,397,000+15.5%$68,157,188,000-17.4%$82,500,972,000
Operating income$25,799,588,000+22.7%$21,024,584,000+24.4%$16,900,514,000+65.6%$10,208,351,000-58.5%$24,621,610,000
EBITDA$32,982,924,000+17.4%$28,087,851,000+18.8%$23,634,994,000+41.3%$16,728,467,000-44.8%$30,284,830,000
Net profit$24,318,943,000+2.7%$23,672,706,000+37.2%$17,252,900,000+21.1%$14,251,329,000-32.9%$21,223,264,000
Gross margin27.4%-1.2 p.p.28.6%-2.9 p.p.31.5%+4.8 p.p.26.8%-7.7 p.p.34.4%
Operating margin7.6%+0.8 p.p.6.7%-0.0 p.p.6.8%+2.8 p.p.4.0%-6.3 p.p.10.3%
EBITDA margin9.7%+0.7 p.p.9.0%-0.5 p.p.9.5%+2.9 p.p.6.6%-6.1 p.p.12.6%
Net margin7.1%-0.5 p.p.7.6%+0.7 p.p.6.9%+1.3 p.p.5.6%-3.3 p.p.8.9%
Revenue growth (YoY)9.5%-15.3 p.p.24.9%+26.9 p.p.-2.0%-8.3 p.p.6.3%-45.8 p.p.52.1%
Effective tax rate4.7%+18.5 p.p.-13.8%-10.0 p.p.-3.8%+38.3 p.p.-42.1%-54.9 p.p.12.9%
Interest coverage0.12×+8.8%0.11×-7.4%0.12×+79.4%0.07×-65.3%0.19×

Newest column (“Last 12M”) = trailing 12 months, the last 4 reported quarters — shown with the quarter range it spans; earlier columns are full fiscal years.

Balance Sheet — Health & Leverage

MetricLast 12MQ3'25 – Q2'26Δ2025Δ2024Δ2023Δ2022
Net debt$644,553,282,000+0.2%$643,299,148,000+23.4%$521,172,558,000+63.9%$317,947,978,000+15.4%$275,586,350,000
Net Debt / Equity3.56×-1.4%3.61×+16.5%3.09×+62.6%1.90×+9.7%1.74×
Net Debt / EBITDA19.54×-14.7%22.90×+3.9%22.05×+16.0%19.01×+108.9%9.10×
Debt / Equity4.44×-0.2%4.45×+8.7%4.09×+90.2%2.15×-18.4%2.64×
Current ratio0.24×-58.3%0.58×+5.8%0.55×-35.6%0.85×+26.4%0.67×
Return on equity (ROE)13.4%+0.1 p.p.13.3%+3.0 p.p.10.2%+1.7 p.p.8.5%-4.8 p.p.13.4%
Return on assets (ROA)1.0%-0.0 p.p.1.0%+0.2 p.p.0.8%+0.1 p.p.0.7%-0.4 p.p.1.2%
Book value / share$16.25-3.6%$16.87+6.3%$15.87+1.1%$15.69+5.4%$14.89

Newest column (“Last 12M”) = trailing 12 months, the last 4 reported quarters — shown with the quarter range it spans; earlier columns are full fiscal years.

Net Debt & Leverage

Free Cash Flow

Margins

Dividend Payout Ratio

Capex ÷ Revenue

Cash Conversion (operating cash flow ÷ net income)

Ratios computed from company financial statements. Net Debt = total debt − cash & equivalents; FCF = operating cash flow − capital expenditure; absolute values in USD.

Valuation & Dividends

P/E Ratio History

Dividend History

This year (YTD) $0.15/share · yield 4.84%

Dividends and yield from Yahoo Finance (per ADR share, in US dollars). The current-year figures are calendar year-to-date (dividends actually paid this year), not the trailing 12 months.

Listings

Banco Bradesco (Preferred) trades on 6 exchanges. Prices on this page are the NYSE ADR (BBD). Its other share class is listed below.

ExchangeTickerCurrency
NYSEpriced hereBBDUSD
B3 (São Paulo)BBDC4BRL
Latibex (Madrid)XBBDCEUR
FrankfurtBRECEUR
Mexico (BMV)BBDMXN
Buenos Aires (BYMA)BBDARS

Other share class

ExchangeTickerCurrency
NYSE — CommonBBDOUSD
B3 (São Paulo)BBDC3BRL

Frequently Asked Questions

Why hold Banco Bradesco (Preferred) BBD ADR instead of local B3 BBDC4 shares?

Buying directly on Brazil’s B3 exchange means opening a local brokerage account, converting currency and dealing with Brazilian tax paperwork. ADRs remove that friction: they settle in dollars, follow US market hours, and report in formats foreign investors already understand.

The trade-off is that an ADR’s price reflects two moving parts: (1) the underlying share price, quoted in reais on the B3, and (2) the USD/BRL exchange rate. Because of that second part, a rising company can still deliver a flat, or even negative, dollar return if the real weakens against the dollar. The same applies to ETFs: funds such as EWZ, EWZS and FLBR bundle dozens of these companies into a single ticker for instant diversification, but their dollar value still moves with the real.

Where is Banco Bradesco (Preferred) listed?

Banco Bradesco (Preferred) trades on 6 exchanges. The line quoted on this page is NYSE in the United States (BBD, US dollars). It also trades on B3 (São Paulo) in Brazil (BBDC4, Brazilian reais), Latibex (Madrid) in Spain (XBBDC, euros), Frankfurt in Germany (BREC, euros), Mexico (BMV) in Mexico (BBD, Mexican pesos) and Buenos Aires (BYMA) in Argentina (BBD, Argentine pesos).

On how many exchanges does Banco Bradesco (Preferred) trade?

6. NYSE — BBD (USD) · B3 (São Paulo) — BBDC4 (BRL) · Latibex (Madrid) — XBBDC (EUR) · Frankfurt — BREC (EUR) · Mexico (BMV) — BBD (MXN) · Buenos Aires (BYMA) — BBD (ARS). Prices shown on this page are the NYSE line, BBD.

What is Banco Bradesco (Preferred)'s primary listing?

Banco Bradesco (Preferred)'s primary listing is on the B3 in Brazil, where the shares trade as BBDC4 in reais — the company's home market. The NYSE line quoted on this page is an ADR over those same shares: it gives you the asset in US dollars, on US market hours, without opening a Brazilian brokerage account or trading in reais.

Does Banco Bradesco (Preferred) have more than one share class?

Yes. Banco Bradesco has two: BBDC3, the ordinary shares (ON), and BBDC4, the preferred shares (PN), which carry priority on dividends. Each class has its own ADR, so BBD tracks the preferred line and BBDO tracks the other.

What is the difference between common and preferred shares?

Banco Bradesco common shares (ON — ticker on B3: BBDC3) grant voting rights at Shareholders' Meetings.

Banco Bradesco preferred shares (PN — ticker on B3: BBDC4) do not grant voting rights, except under the conditions established by the company bylaws.

What is the difference between BBD and BBDC4?

They are the same company and, economically, the same asset. BBDC4 is the original Brazilian share, listed on the B3 and quoted in reais. BBD is an American Depositary Receipt over that share, listed on the NYSE and quoted in US dollars — a wrapper whose purpose is to give foreign investors access to the Brazilian asset without opening an account in Brazil. The BBD price therefore tracks two things: BBDC4 in reais, and the USD/BRL exchange rate.

How can I buy Banco Bradesco (Preferred) stock in Europe?

Banco Bradesco (Preferred) trades in euros on 2 European venues: Latibex (Madrid) in Spain (XBBDC) and Frankfurt in Germany (BREC). A European broker with access to any of them can buy it in EUR, with no currency conversion on your side. The price shown on this page is the NYSE line (BBD), quoted in US dollars.

How can I buy Banco Bradesco (Preferred) stock in the United States?

Banco Bradesco (Preferred) is listed on the NYSE under BBD, priced in US dollars. Any US brokerage offering NYSE-listed securities can trade it, with no foreign-account paperwork and no currency conversion.

As of Fri, Aug 14, 17:00 BRT · Market closed

Financial data last updated: August 14, 2026

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