Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Banco Bradesco (BBDO)
NYSE:BBDO
Holding BBDO?
Track your performance easily
Earnings Data
Report Date
Feb 05, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Oct 31, 2024
|% Change Since: -19.17%
|Next Earnings Date:Feb 05, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a generally positive outlook, with consistent growth in net income and loan portfolio, strong insurance performance, and asset management gains. However, challenges such as the negative impact of the Cielo acquisition and limited growth in certain deposit segments were noted.Company Guidance
During Bradesco's Q3 2024 earnings call, Marcelo de Noronha outlined several key financial metrics, demonstrating the bank's robust performance and strategic focus. The bank reported a recurring net income of BRL 5.2 billion, marking an 11% increase from the previous quarter. Total revenue for the quarter reached BRL 30.6 billion, a 3.7% rise quarter-on-quarter, with net interest income growing by 2.7%, and fee and commission income by 2.8%. The insurance group contributed significantly with an 8.7% increase in revenue and an impressive ROAE of nearly 24%. The loan portfolio expanded to almost BRL 944 billion, up by 3.5% from the last quarter, with notable growth in sectors like small and medium-sized enterprises, which saw a 17% increase. The bank also focused on maintaining a balanced credit portfolio and improving delinquency ratios, supported by strategic investments in technology and a new segment for high net worth individuals. Marcelo emphasized Bradesco's commitment to achieving stable profitability growth while managing risk through a risk-adjusted return approach, aiming for consistent performance in future quarters.Consistent Growth in Net Income
Recurring net income reached BRL 5.2 billion, increasing nearly 11% compared to the last quarter.
Robust Loan Portfolio Expansion
Loan book grew by 3.5% quarter-on-quarter, with notable growth in SMEs up almost 17% and individuals up 10%.
Strong Performance in Insurance
Insurance group delivered an ROAE of nearly 24%, with premium revenue growth and significant improvement in combined ratio.
Growth in Asset Management
Assets under management increased by EUR 55 billion, nearing BRL 1 trillion, contributing to a rise in fee and commission income by 11%.
---
BBDO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
BBDO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 31, 2024 | $2.26 | $2.18 | -3.54% |
| Aug 05, 2024 | $1.97 | $2.14 | +8.63% |
| May 02, 2024 | $2.28 | $2.30 | +0.88% |
| Feb 07, 2024 | $2.82 | $2.45 | -13.12% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Banco Bradesco (BBDO) report earnings?
Banco Bradesco (BBDO) is schdueled to report earning on Feb 05, 2025, TBA Not Confirmed.
What is Banco Bradesco (BBDO) earnings time?
Banco Bradesco (BBDO) earnings time is at Feb 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BBDO EPS forecast?
Currently, no data Available
---