Education
About Us
Working with TipRanks
Follow Us
Banco do Brasil S.A. (BDORY)
OTHER OTC:BDORY
Top Page
Banco do Brasil SA
(OTC:BDORY)82Outperform
Banco do Brasil SA (BDORY) vs. S&P 500 (SPY)
Market Cap
$27.73B
Dividend Yield6.42%
Average Volume (3M)888.24K
Price to Earnings (P/E)5.9
Beta (1Y)0.37
Revenue Growth-2.65%
EPS Growth-33.82%
CountryUS
Employees85,953
SectorFinancial
Sector Strength93
IndustryBanking
Share Statistics
EPS (TTM)0.59
Shares Outstanding5,730,834,000
10 Day Avg. Volume524,805
30 Day Avg. Volume888,243
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)19.03
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Banco do Brasil SA Business Overview & Revenue Model
Company DescriptionBanco do Brasil SA (BDORY) is one of the largest financial institutions in Latin America, headquartered in Brasília, Brazil. The bank offers a comprehensive range of financial products and services to individuals, businesses, and government entities. Its core offerings include retail banking, corporate banking, investment banking, asset management, and insurance services. As a state-controlled entity, Banco do Brasil plays a significant role in the Brazilian banking sector, catering to a diverse clientele through its extensive network of branches and digital platforms.
How the Company Makes MoneyBanco do Brasil makes money through various revenue streams, primarily derived from interest income on loans and advances to customers. The bank offers a wide array of loan products, including personal loans, mortgage loans, and credit facilities for businesses, which generate significant interest income. Additionally, Banco do Brasil earns revenue from fees and commissions associated with its retail and corporate banking services, such as account maintenance fees, transaction fees, and advisory services. The bank also generates income through its investment banking operations, including underwriting, trading, and asset management services. Furthermore, Banco do Brasil benefits from its insurance segment, offering a range of insurance products that contribute to its earnings. Strategic partnerships, particularly in the realms of digital banking and financial technology, also enhance its revenue streams by expanding its service offerings and improving operational efficiency.
Banco do Brasil SA Financial Statement Overview
Summary
Banco do Brasil SA exhibits strong financial health with robust revenue growth of 30.9% and impressive cash flow generation. The company's low leverage and strong equity position provide stability, although some profitability metrics have slightly declined.Income Statement
Banco do Brasil SA has demonstrated strong revenue growth, increasing from 108,252,660,000 in 2023 to 141,761,442,000 in 2024, indicating a growth rate of 30.9%. The net profit margin for 2024 is 18.6%, slightly lower than the previous year, but still robust. The absence of EBIT and EBITDA margins for 2024 is noted, but the overall revenue trend and profitability remain positive.85
Very Positive
Balance Sheet
The company's strong equity position is evidenced by an equity ratio of 7.5% in 2024. With total debt at zero, the debt-to-equity ratio is exceptionally low, indicating low financial leverage. Return on equity remains solid at 14.7%, though it has declined slightly from the previous year.78
Positive
Cash Flow
Banco do Brasil SA's cash flow statement is impressive, with a significant increase in free cash flow from 11,709,245,000 in 2023 to 121,461,858,000 in 2024, marking a growth rate of 937.9%. The operating cash flow to net income ratio of 4.8 highlights the company's strong cash generation capabilities.92
Very Positive
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 141.76B | 108.25B | 123.38B | 97.53B | 87.33B | Gross Profit |
| 141.76B | 310.00B | 123.38B | 97.53B | 87.33B | EBIT |
| 0.00 | 70.63B | 198.83B | 24.15B | 14.15B | EBITDA |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Net Income Common Stockholders |
| 26.36B | 29.86B | 31.11B | 19.71B | 12.70B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 252.07B | 46.79B | 168.68B | 130.12B | 121.39B | Total Assets |
| 2.40T | 2.15T | 2.03T | 1.93T | 1.73T | Total Debt |
| 0.00 | 1.00T | 155.20B | 172.43B | 183.96B | Net Debt |
| -252.07B | -157.51B | -13.48B | 42.31B | 62.57B | Total Liabilities |
| 2.21T | 1.98T | 1.87T | 1.79T | 1.60T | Stockholders Equity |
| 179.62B | 169.24B | 160.28B | 142.00B | 124.57B |
| Cash Flow | Free Cash Flow | |||
| 121.46B | 11.71B | 58.10B | -51.10B | 205.56B | Operating Cash Flow |
| 127.21B | 13.31B | 64.69B | -46.19B | 209.33B | Investing Cash Flow |
| -93.49B | 21.77B | -17.88B | -53.28B | -95.65B | Financing Cash Flow |
| -21.36B | -34.34B | -26.98B | -23.78B | -19.75B |
Banco do Brasil SA Technical Analysis
Neutral
4.75
Price Trends
4.59
Positive
4.47
Positive
4.65
Positive
Market Momentum
0.05
Positive
46.84
Neutral
75.69
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BDORY, the sentiment is Neutral. The current price of 4.75 is below the 20-day moving average (MA) of 4.94, above the 50-day MA of 4.59, and above the 200-day MA of 4.65, indicating a neutral trend. The MACD of 0.05 indicates Positive momentum. The RSI at 46.84 is Neutral, neither overbought nor oversold. The STOCH value of 75.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for BDORY.
Banco do Brasil SA Peers Comparison
Overall Rating
UnderperformOutperform
Sector (64)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
82 Outperform | $27.73B | 5.86 | 16.13% | 6.42% | -2.65% | -33.82% | |
81 Outperform | $52.17B | 7.30 | 20.84% | 2.99% | 1.25% | 20.03% | |
70 Outperform | $20.06B | 6.87 | 10.44% | 1.52% | -8.06% | 3.79% | |
66 Neutral | $16.80B | ― | 11.61% | 4.84% | -3.94% | ― | |
64 Neutral | $14.34B | 10.61 | 9.28% | 4.07% | 18.04% | -9.54% |
* Financial Sector Average
Performance Comparison
BDORY
Banco do Brasil SA
4.75
-0.64
-11.87%
BBD
Banco Bradesco SA
2.00
-0.63
-23.95%
BSBR
Banco Santander Brasil
4.40
-1.07
-19.56%
ITUB
Itau Unibanco
5.63
-0.76
-11.89%
Banco do Brasil SA Earnings Call Summary
Earnings Call Date: Feb 19, 2025 | % Change Since: -8.30% | Next Earnings Date: May 12, 2025
Earnings Call Sentiment Positive
The earnings call reflects a generally positive sentiment with strong financial performance, strategic growth, and sustainability achievements. However, there are concerns over agribusiness delinquency and cautious guidance on fee income growth.Highlights
Record Net Income and Value Addition
Banco do Brasil achieved an adjusted net income of R$37.9 billion, marking an increase of 6.6% for the year, contributing over R$85 billion in added value to society.
Strong Loan Portfolio Growth
Loans exceeded R$1,278 trillion, with a growth of more than 15% year-over-year, showcasing strength in diversified operations.
Sustainable Business Achievements
Banco do Brasil was recognized as the most sustainable bank in the world for the sixth consecutive time, with a sustainable portfolio growing by nearly 13% to R$387 billion.
Technology and Innovation Investment
Investment in technology more than doubled in two years, with significant advancements in AI and digital skills among employees.
Lowlights
Rising Agribusiness Delinquency
Delinquency in the agribusiness portfolio increased, with in-court reorganizations representing almost 20% of non-performing loans in agribusiness.
Capital and Volatility Challenges
Capital remained at a robust level of 10.89%, but was impacted by mark-to-market effects due to the interest rate curve movement.
Lower Guidance on Fee Income
Fee income growth guidance is conservative, potentially showing zero growth, affected by regulatory changes in accounting for loan-related fees.
Company Guidance
In the fourth quarter of 2024, Banco do Brasil reported an adjusted net income of R$37.9 billion, marking a 6.6% increase from the previous year. The bank saw a 15% growth in its loan portfolio, reaching R$1,278 trillion, with notable increases in both individual loans, which grew by 7% to R$336 billion, and corporate loans, which expanded by 18%, driven by the SME segment surpassing R$125 billion. The bank's focus on sustainable growth was emphasized, with sustainable funding exceeding R$6.6 billion and a commitment to preserving 755,000 hectares of land. Despite economic challenges, the bank maintained a robust capital level, closing the year at 10.89%, and established a payout range of 40% to 45% for 2025. The bank also highlighted advancements in technology and digital transformation, with over 65,000 employees trained in AI and data science, contributing to improved customer service metrics, including achieving the highest NPPS in its history.Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.