Markets · Stocks & ETFs · ADR
Banco do Brasil (OTC: BDORY)
Brazilian ADR trading on the OTC, priced in US dollars.
- Market Cap
- $20.13B
- P/E (TTM)
- 8.7x
- P/B
- 0.6x
- EPS (TTM)
- $0.41
- Dividend Yield
- 1.30%
- 52-Week Range
- $3.48 – $5.47
- Volume
- 910K
- Previous Close
- $3.61
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
About Banco do Brasil
- US Ticker
- BDORY
- B3 Ticker
- BBAS3
- Exchange
- OTC
- Currency
- USD
- Sector
- Financial Services
- Industry
- Banks - Regional
- Headquarters
- Brasília, DF, Brazil
- Employees
- —
- CEO
- Ms. Tarciana Paula Gomes Medeiros
- Founded
- 1808
Banco do Brasil S.A., together with its subsidiaries, provides banking products and services for individuals, companies, and public sectors in Brazil and internationally.
The company operates through Banking, Investments, Fund Management, Insurance (including insurance, private pension funds and capitalization) and Electronic Payments segments.
Its Banking segment offers various products and services, including deposits, loans, and other services to retail, wholesale, and public sectors.
This segment also engages in the business with micro-entrepreneurs and other activities through banking correspondents.
Its Investments segment engages in the structuring and distribution of debt and equity instruments in the primary and secondary markets; and provision of financial services.
The company's Fund Management segment is involved in the purchase, sale, and custody of securities and portfolio management; and the structuring, organization, and management of investment funds and clubs.
Its Insurance segment provides life, property, and automobile insurance products, as well as private pension and capitalization plans.
The company's Electronic Payment segment provides capture, transmission, processing, and financial settlement services for electronic payment transactions.
Its Other segment engages in the provision of credit recovery and consortium management services.
This segment is also involved in the development, manufacturing, sale, rental, and integration of digital electronic systems, peripherals, programs, inputs, and computing supplies.
The company was incorporated in 1808 and is headquartered in Brasília, Brazil.
Analyst Ratings
Consensus of 1 Wall Street analyst · sourced from Yahoo Finance
On a 1–5 scale: 1 = Strong Buy, 3 = Hold, 5 = Sell. Lower is more bullish.
12-Month Price Target
The average target is +12.70% above the current price of $3.58.
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 do Brasil's income statement, balance sheet and cash flow (absolute figures in USD).
Overall: Financially Solid
- Net Margin
- 8.7%
- ROE
- 6.6%
- Rev Growth (YoY)
- -0.86%
- Net Debt / EBITDA
- —
- Current Ratio
- —
- Interest Coverage
- —
- Free Cash Flow
- 124.46B
- Payout Ratio
- —
Income — Margins & Efficiency
| Metric | Last 12MQ2'25 – Q1'26 | Δ | 2025 | Δ | 2024 | Δ | 2023 | Δ | 2022 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $28,088,212,332 | +4.6% | $26,865,276,469 | +14.6% | $23,444,305,185 | -9.4% | $25,868,200,074 | +10.9% | $23,322,156,455 |
| Gross profit | — | — | — | — | — | — | — | — | — |
| Operating income | — | — | — | — | — | — | — | — | — |
| EBITDA | — | — | — | — | — | — | — | — | — |
| Net profit | $2,437,314,166 | -2.6% | $2,501,392,206 | -41.4% | $4,266,637,531 | -30.7% | $6,156,646,118 | +4.6% | $5,887,340,953 |
| Gross margin | — | — | — | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | — | — | — |
| EBITDA margin | — | — | — | — | — | — | — | — | — |
| Net margin | 8.7% | -0.6 p.p. | 9.3% | -8.9 p.p. | 18.2% | -5.6 p.p. | 23.8% | -1.4 p.p. | 25.2% |
| Revenue growth (YoY) | -0.9% | -2.4 p.p. | 1.6% | -13.9 p.p. | 15.4% | +13.6 p.p. | 1.8% | — | — |
| Effective tax rate | -147.2% | +51.7 p.p. | -198.9% | -193.7 p.p. | -5.3% | -24.7 p.p. | 19.4% | -0.5 p.p. | 19.9% |
| Interest coverage | — | — | — | — | — | — | — | — | — |
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
| Metric | Last 12MQ2'25 – Q1'26 | Δ | 2025 | Δ | 2024 | Δ | 2023 | Δ | 2022 |
|---|---|---|---|---|---|---|---|---|---|
| Net debt | $30,236,535,588 | +542.3% | -$6,835,701,034 | +2.9% | -$7,038,652,455 | +34.8% | -$10,790,958,105 | -323.0% | -$2,551,355,259 |
| Net Debt / Equity | 0.82× | +514.0% | -0.20× | +18.3% | -0.24× | +21.7% | -0.31× | -268.3% | -0.08× |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — | — |
| Debt / Equity | 2.04× | +136.0% | 0.86× | -8.8% | 0.95× | +12.7% | 0.84× | -13.1% | 0.97× |
| Current ratio | — | — | — | — | — | — | — | — | — |
| Return on equity (ROE) | 6.6% | -0.6 p.p. | 7.2% | -7.4 p.p. | 14.7% | -3.0 p.p. | 17.6% | -1.7 p.p. | 19.4% |
| Return on assets (ROA) | 0.5% | -0.1 p.p. | 0.6% | -0.5 p.p. | 1.1% | -0.3 p.p. | 1.4% | -0.1 p.p. | 1.5% |
| Book value / share | $6.47 | +6.8% | $6.05 | +18.8% | $5.09 | -16.7% | $6.11 | +14.8% | $5.32 |
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) $0.08/share · yield 2.32%
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 do Brasil trades on 4 exchanges. Prices on this page are the OTC ADR (BDORY).
| Exchange | Ticker | Currency |
|---|---|---|
| OTCpriced here | BDORY | USD |
| B3 (São Paulo) | BBAS3 | BRL |
| Frankfurt | BZLA | EUR |
| Mexico (BMV) | BDORY | MXN |
Frequently Asked Questions
Where is Banco do Brasil listed?
Banco do Brasil trades on 4 exchanges. The line quoted on this page is OTC in the United States (BDORY, US dollars). It also trades on B3 (São Paulo) in Brazil (BBAS3, Brazilian reais), Frankfurt in Germany (BZLA, euros) and Mexico (BMV) in Mexico (BDORY, Mexican pesos).
On how many exchanges does Banco do Brasil trade?
4. OTC — BDORY (USD) · B3 (São Paulo) — BBAS3 (BRL) · Frankfurt — BZLA (EUR) · Mexico (BMV) — BDORY (MXN). Prices shown on this page are the OTC line, BDORY.
What is Banco do Brasil's primary listing?
Banco do Brasil's primary listing is on the B3 in Brazil, where the shares trade as BBAS3 in reais — the company's home market. The OTC 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.
What is the difference between BDORY and BBAS3?
They are the same company and, economically, the same asset. BBAS3 is the original Brazilian share, listed on the B3 and quoted in reais. BDORY is an American Depositary Receipt over that share, listed on the OTC 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 BDORY price therefore tracks two things: BBAS3 in reais, and the USD/BRL exchange rate.
How can I buy Banco do Brasil stock in Europe?
Banco do Brasil trades in euros on one European venue: Frankfurt in Germany (BZLA). A European broker with access to that market can buy it in EUR, with no currency conversion on your side. The price shown on this page is the OTC line (BDORY), quoted in US dollars.
How can I buy Banco do Brasil stock in the United States?
Banco do Brasil is listed on the OTC under BDORY, priced in US dollars. Any US brokerage offering over-the-counter 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 15, 2026
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