Is Banco Bradesco SA financially healthy?

On 30 September 2026 Banco Bradesco SA held 152.73B BRL in cash and short-term investments against total debt of 769.97B BRL. Its current ratio is 0.33: what falls due within a year against what turns into cash within a year. Over the last twelve months it generated 98.34B BRL of free cash flow.

Is Banco Bradesco SA growing?

Banco Bradesco SA's revenue grew 18.9% a year over its last five fiscal years, from 130.94B BRL in fiscal year 2020 to 311.66B BRL in fiscal year 2025. Over the last twelve months it was up 19.7% on the twelve months before.

Where can I find Banco Bradesco SA's annual report (20-F)?

Banco Bradesco SA, a company based outside the US, files its annual report (Form 20-F) and its interim reports (Form 6-K) with the US Securities and Exchange Commission, on its EDGAR site; the figures on these pages come from them.

Banco Bradesco SA
D
Quotes are delayed by 15 minutes

BBDO

Arincen ScoreBeta55/100

55/100B

2.43000

USD

0.06

(2.53%)

Market Closed

Last updated: 6 Nov, 16:00 GMT-5 · Delayed 15 min

Last quarter:EPS0.12

Last quarter · Q3 FY2026

EPS0.12Revenue89.74BBeat +137.5%

Last quarter:EPS0.12

Last quarter · Q3 FY2026

EPS0.12Revenue89.74BBeat +137.5%

Overview Financials Earnings Dividends Company

Banco Bradesco SA financials

Yes. Banco Bradesco SA earned 26.15B BRL of net income over the last twelve months, 7.4% of its revenue. It made a profit in 26 of its 26 fiscal years since 2000.

Revenue (TTM): 351.47B BRL
Net income (TTM): 26.15B BRL
Free cash flow (TTM): 98.34B BRL
Cash and short-term investments: 152.73B BRL
Total debt: 769.97B BRL
Shareholders' equity: 196.89B BRL

Cash, debt and equity as of 30 Sept 2026.

Banco Bradesco SA earnings

Revenue

ReportedEstimate

EPS

ReportedEstimate

Period	Report date	EPS estimate	Reported EPS	Surprise	EPS growth	Revenue estimate	Reported revenue	Surprise	Revenue growth
Q3 FY2026	22 Oct 2026	—	0.12	—	+33.33%	37.78B	89.74B	+137.53%	+11.24%
Q2 FY2026	5 Aug 2026	—	0.13	—	+30.00%	37.12B	87.38B	+135.38%	+14.19%
Q1 FY2026	6 May 2026	—	0.12	—	+33.33%	36.18B	88.72B	+145.18%	+26.30%
Q4 FY2025	6 Feb 2026	—	0.11	—	+22.22%	35.94B	84.56B	+135.26%	+27.63%
Q3 FY2025	30 Oct 2025	—	0.09	—	-10.00%	34.28B	80.67B	+135.36%	+29.69%
Q2 FY2025	30 Jul 2025	—	0.10	—	+11.11%	36.26B	76.53B	+111.06%	+27.01%

Period	EPS estimate	Reported EPS	Surprise	EPS growth	Revenue estimate	Reported revenue	Surprise	Revenue growth
FY2025	0.00	0.39	—	+8.33%	24.75B	312.00B	+1,160.75%	+25.14%
FY2024	0.00	0.36	—	+28.57%	19.68B	249.32B	+1,166.74%	-2.79%
FY2023	—	0.28	—	-22.22%	—	256.46B	—	+7.80%
FY2022	—	0.36	—	-20.00%	—	237.92B	—	+51.01%

Banco Bradesco SA growth and profitability

Full income statement

Revenue (TTM): 351.47B BRL
Net income (TTM): 26.15B BRL
Gross margin: 27.34%
Operating margin: 7.70%
Net margin: 7.44%

Revenue / Net income

Revenue Net income Net margin

Period	Revenue	Growth	Net income	Growth	Gross margin	Operating margin	Net margin	EBITDA	Growth
FY2025	311.66B	+24.86%	23.67B	+37.21%	28.60%	6.75%	7.60%	28.09B	+18.84%
FY2024	249.61B	-2.00%	17.25B	+21.06%	31.53%	6.77%	6.91%	23.63B	+41.29%
FY2023	254.71B	+6.28%	14.25B	-32.85%	26.76%	4.01%	5.60%	16.73B	-44.76%
FY2022	239.65B	+52.11%	21.22B	-8.41%	34.43%	10.27%	8.86%	30.28B	-21.59%
FY2021	157.55B	+20.32%	23.17B	+46.32%	59.07%	20.85%	14.71%	38.63B	+286.39%

Period	Revenue	Net income	Gross margin	Operating margin	Net margin
Q3 FY2026	89.74B	7.33B	26.53%	7.96%	8.17%
Q2 FY2026	87.38B	7.14B	27.31%	7.78%	8.17%
Q1 FY2026	89.79B	5.18B	28.23%	8.22%	5.77%
Q4 FY2025	84.56B	6.50B	27.29%	6.80%	7.69%
Q3 FY2025	80.67B	5.50B	26.14%	6.05%	6.82%

How Banco Bradesco SA makes its money

Revenue311.66B 100.0%

Cost of revenue222.52B 71.4%

Gross profit89.14B 28.6%

Selling and administration44.98B 14.4%

Other operating expenses23.13B 7.4%

Operating income21.02B 6.7%

Other expense251.93M 0.1%

Net income23.67B 7.6%

FY2025, in BRL. Each band is as wide as its money; the percentage is its share of revenue.

Operating and free cash flow

Full cash flow statement

Operating cash flow Free cash flow

Fiscal year	Operating cash flow	Free cash flow
FY2025	263.05B	258.03B
FY2024	-91.33B	-93.62B
FY2023	-177.63M	-9.32B
FY2022	49.77B	40.36B
FY2021	-102.00B	-106.41B
FY2020	142.43B	138.17B
FY2019	-19.45B	-24.78B
FY2018	-6.50B	-11.94B
FY2017	35.55B	29.91B
FY2016	53.96B	48.84B

Banco Bradesco SA financial health

Full balance sheet

Cash and short-term investments: 152.73B BRL
Total debt: 769.97B BRL
Net cash: -617.24B BRL
Free cash flow (TTM): 98.34B BRL
Current ratio: 0.33
Debt to equity: 3.91
Piotroski score: 9 / 9
Altman Z-score: 0.34

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow

Fiscal year	Cash and short-term investments	Total debt	Free cash flow
FY2025	254.98B	793.84B	258.03B
FY2024	476.88B	689.53B	-93.62B
FY2023	522.98B	631.89B	-9.32B
FY2022	367.61B	571.92B	40.36B
FY2021	394.23B	238.94B	-106.41B

Assets, liabilities and equity

Total assets Total liabilities Shareholders' equity

Fiscal year	Total assets	Total liabilities	Shareholders' equity
FY2025	2.33T	2.15T	178.42B
FY2024	2.07T	1.90T	168.41B
FY2023	1.93T	1.76T	166.33B
FY2022	1.79T	1.63T	159.53B
FY2021	1.68T	1.53T	149.78B
FY2020	1.60T	1.46T	145.62B
FY2019	1.38T	1.24T	135.10B
FY2018	1.31T	1.18T	124.28B
FY2017	1.22T	1.11T	117.40B
FY2016	1.19T	1.09T	105.30B

Banco Bradesco SA valuation

Price to earnings ratio (TTM): 5.62
Price to sales (TTM): 0.43
Price to book: 0.76
EV / EBITDA (TTM): 3.76

Capital structure

Market capitalization

27.16B BRL

Total debt

139.91B BRL

−

Cash and short-term investments

27.75B BRL

Enterprise value

139.31B BRL

Valuation over time

Fiscal year	P/E	Forward P/E	P/S	P/B	EV/EBITDA
Now (TTM)	5.62	—	0.43	0.76	3.76
FY2025	7.02	—	0.53	0.93	28.82
FY2024	6.81	—	0.47	0.70	27.03
FY2023	12.15	—	0.64	0.99	37.32
FY2022	7.21	—	0.61	0.91	18.96
FY2021	7.80	—	1.20	1.27	7.77

Banco Bradesco SA against its own history

Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: Citizens Financial Group, First Citizens BancShares, Regions Financial, Huntington Bancshares, M&T Bank, and KeyCorp, the US Banks - Regional companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

Gross marginBelow its median28.6%
26.8%59.1%
Against its peers: 7 of 7Peers' median 66.0%
Operating marginBelow its median6.7%
4.0%20.9%
Against its peers: 7 of 7Peers' median 21.2%
Net marginAt its median7.6%
5.6%14.7%
Against its peers: 7 of 7Peers' median 17.1%
Return on equityAt its median13.3%
8.6%15.5%
Against its peers: 1 of 7Peers' median 9.4%
Free cash flow marginHighest in 5 years82.8%
-67.5%82.8%
Against its peers: 1 of 7Peers' median 18.5%
Revenue growthAbove its median24.9%
-2.0%52.1%
Against its peers: 1 of 7Peers' median -0.2%
EPS growthAbove its median37.4%
-32.8%46.8%
Against its peers: 1 of 6Peers' median 16.1%
Debt to EBITDAAt its median28.26×
6.19×37.77×
Against its peers: 7 of 7Peers' median 4.38×
Current ratioAbove its median0.58
0.480.61
Against its peers: 4 of 7Peers' median 0.54

Figure	FY2025	5-year low – high	Against its history	Against its peers
Gross margin	28.6%	26.8%59.1%	Below its median	7 of 7
Operating margin	6.7%	4.0%20.9%	Below its median	7 of 7
Net margin	7.6%	5.6%14.7%	At its median	7 of 7
Return on equity	13.3%	8.6%15.5%	At its median	1 of 7
Free cash flow margin	82.8%	-67.5%82.8%	Highest in 5 years	1 of 7
Revenue growth	24.9%	-2.0%52.1%	Above its median	1 of 7
EPS growth	37.4%	-32.8%46.8%	Above its median	1 of 6
Debt to EBITDA	28.26×	6.19×37.77×	At its median	7 of 7
Current ratio	0.58	0.480.61	Above its median	4 of 7

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

Banco Bradesco SA dividends

Annual dividend: 0.04 BRL
Dividend yield (indicated): 1.71%
Payout ratio: 66.49%
Years of dividend growth: 1
Frequency: Monthly
Last payment: 0.00 BRL
Last ex-dividend date: 5 Nov 2026
Last payment date: 11 Dec 2026

Dividends per share

Year	2025	2024	2023	2022	2021	2018	2017	2016	2015	2014
Dividends per share	0.17	0.05	0.00	0.04	0.00	0.00	0.08	0.03	0.24	0.33

Banco Bradesco SA ownership

Institutions: 0.06%
Institutional holders: 54 (+2)
Free float: 66.89%

Who owns the shares

Institutions 0.1% Others 99.9%

As of 30 Jun 2026

Shares free to trade

Free float 7.48B shares ·66.9% Closely held 3.70B shares ·33.1%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Shares outstanding

Basic shares Diluted shares Change in diluted shares

Fiscal year	Basic shares	Diluted shares	Change in diluted shares
FY2025	10.58B	10.58B	-0.33%
FY2024	10.61B	10.61B	-0.26%
FY2023	10.64B	10.64B	-0.14%
FY2022	10.66B	10.66B	-9.21%
FY2021	11.74B	11.74B	+9.79%

Common questions about Banco Bradesco SA's financials

Source: Financial Modeling Prep

Banco Bradesco SA
D
Quotes are delayed by 15 minutes

BBDO

Banco Bradesco SA financials

Banco Bradesco SA earnings

Revenue

EPS

Banco Bradesco SA growth and profitability

Revenue / Net income

How Banco Bradesco SA makes its money

Operating and free cash flow

Banco Bradesco SA financial health

Cash, debt and free cash flow

Assets, liabilities and equity

Banco Bradesco SA valuation

Capital structure

Valuation over time

Banco Bradesco SA against its own history

Banco Bradesco SA dividends

Dividends per share

Banco Bradesco SA ownership

Who owns the shares

Shares free to trade

Shares outstanding

Common questions about Banco Bradesco SA's financials

Is Banco Bradesco SA profitable?

Is Banco Bradesco SA financially healthy?

Is Banco Bradesco SA growing?

Where can I find Banco Bradesco SA's annual report (20-F)?

Need help?

Banco Bradesco SA DQuotes are delayed by 15 minutes

BBDO

Banco Bradesco SA financials

Banco Bradesco SA earnings

Revenue

EPS

Banco Bradesco SA growth and profitability

Revenue / Net income

How Banco Bradesco SA makes its money

Operating and free cash flow

Banco Bradesco SA financial health

Cash, debt and free cash flow

Assets, liabilities and equity

Banco Bradesco SA valuation

Capital structure

Valuation over time

Banco Bradesco SA against its own history

Banco Bradesco SA dividends

Dividends per share

Banco Bradesco SA ownership

Who owns the shares

Shares free to trade

Shares outstanding

Common questions about Banco Bradesco SA's financials

Is Banco Bradesco SA profitable?

Is Banco Bradesco SA financially healthy?

Is Banco Bradesco SA growing?

Where can I find Banco Bradesco SA's annual report (20-F)?

Need help?

Banco Bradesco SA
D
Quotes are delayed by 15 minutes