Earnings Alerts

Banco Bradesco (BBDC4) Earnings: 2Q Tier 1 Ratio Misses Estimates, Provision Expenses Surge to R$7.29 Billion

  • Bradesco’s Tier 1 ratio for Q2 is 12.6%, slightly below the estimated 12.7%.
  • Provision expenses increased significantly to R$7.29 billion.
  • Analyst ratings for Bradesco show 4 buys, 12 holds, and 0 sells.

A look at Banco Bradesco Smart Scores

FactorScoreMagnitude
Value4
Dividend2
Growth3
Resilience2
Momentum3
OVERALL SMART SCORE2.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Looking at the Smartkarma Smart Scores for Banco Bradesco, the long-term outlook appears positive for the Brazilian bank. With a strong value score of 4, Banco Bradesco is believed to be undervalued relative to its potential, presenting an opportunity for investors. While the dividend and resilience scores are lower at 2, indicating room for improvement in these areas, the growth and momentum scores of 3 suggest a promising trajectory for the company’s expansion and market performance. Overall, Banco Bradesco’s Smart Scores paint a favorable picture of its future prospects.

Banco Bradesco S.A., a leading bank in Brazil, offers a range of commercial banking services including loans, credit, mortgages, and investment products. Operating in multiple countries including Argentina and the US, Bradesco provides a diverse portfolio of financial services such as credit cards, insurance, and pension funds. With its solid value score, Banco Bradesco appears to be positioned well for long-term success, supported by its growing momentum and potential for continued growth in the market.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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