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Banco Bradesco SA
BOVESPA:BBDC4

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Banco Bradesco SA
BOVESPA:BBDC4
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Price: 19.34 BRL -1.18%
Market Cap: R$204.4B

P/E

13
Current
27%
More Expensive
vs 3-y average of 10.2

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
13
=
Market Cap
R$208.7B
/
Net Income
R$15.9B

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
13
=
Market Cap
R$208.7B
/
Net Income
R$15.9B

Valuation Scenarios

Banco Bradesco SA is trading above its 3-year average

If P/E returns to its 3-Year Average (10.2), the stock would be worth R$15.21 (21% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-27%
Maximum Upside
No Upside Scenarios
Average Downside
23%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 13 R$19.34
0%
3-Year Average 10.2 R$15.21
-21%
5-Year Average 9.4 R$14.04
-27%
Industry Average 10.4 R$15.46
-20%
Country Average 9.9 R$14.75
-24%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
R$208.7B
/
Oct 2024
R$15.9B
=
13
Current
R$208.7B
/
Dec 2024
R$20.1B
=
10.4
Forward
R$208.7B
/
Dec 2025
R$25.2B
=
8.3
Forward
R$208.7B
/
Dec 2026
R$29.6B
=
7.1
Forward
R$208.7B
/
Dec 2027
R$32.9B
=
6.4
Forward
R$208.7B
/
Dec 2028
R$36B
=
5.8
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Market Distribution

In line with most companies in Brazil
Percentile
68th
Based on 446 companies
68th percentile
13
Low
0 — 7.3
Typical Range
7.3 — 13.5
High
13.5 —
Distribution Statistics
Brazil
Min 0
30th Percentile 7.3
Median 9.9
70th Percentile 13.5
Max 842.8

Other Multiples

Banco Bradesco SA
Glance View

Market Cap
204.4B BRL
Industry
Banking

Banco Bradesco SA, one of Brazil's foremost financial powerhouses, stands as a testament to consistent adaptability in a dynamic banking landscape. Founded in 1943 in the bustling city of Marília, this bank grew from a modest local institution into a financial behemoth, resonating with millions of customers across Brazil. At its core, Bradesco embodies a universal banking model, offering a diversified portfolio of financial services. It operates through two main segments: banking and insurance. The banking wing caters to the needs of its clientele through personal and commercial banking services. From savings and current accounts to loans and credit, each product is meticulously crafted to weave into the financial fabric of individuals and businesses alike. Additionally, Bradesco's digital banking platform, Next, and its extensive network of branches nationwide ensure accessibility and convenience, making banking seamless for its customers. Meanwhile, the insurance arm, through its subsidiary Bradesco Seguros, complements the banking operations, providing a broad array of insurance products, which include life, health, and auto insurance. This robust insurance division not only underpins revenue but also enriches Bradesco’s comprehensive service offerings, ensuring that customers receive financial protection that matches their diverse needs. The synergy between its banking and insurance operations allows Bradesco to cross-sell its products, enhancing customer retention and profitability. Furthermore, the bank has always been forward-thinking, embracing technology and innovation to stay ahead in a competitive market. Sustainable growth and investment in digital transformation remain at the forefront of its strategic initiatives, positioning Bradesco as not just a financial institution but a pivotal player steering the financial future of Brazil.

BBDC4 Intrinsic Value
18.2 BRL
Overvaluation 6%
Intrinsic Value
Price R$19.34
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