AllAnalyst Report
logoMorningstarNovember 09, 2024

Banco Bradesco S.A.: Banco Bradesco Earnings: Credit Losses Continue to Improve

Symbols
BBD
Sector(s)
Financial Services
Rating
Current Price
$2.31
Fair Value
Economic Moat
Stewardship
Summary

Banco Bradesco is Brazil's second-largest private bank, with about 15% of deposits, and the largest insurance provider in Brazil, with roughly 20%-25% market share. The bank is majority controlled by the Bradesco foundation—a private nonprofit institution focused on education. Banking provides roughly 70% of profits, while the insurance segment contributes the remaining 30%. The bank

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