Banco Bradesco Confirms Shareholding Equalization in Elo

Banco Bradesco SA ( (BBD) ) has shared an announcement.

On May 12, 2025, Banco Bradesco S.A. confirmed the equalization of shareholdings in Elo Serviços S.A., a credit card brand, with Caixa Econômica Federal and Banco do Brasil. Each partner will hold one-third of the shares, a reversion to the original agreement from 2011. This change in the corporate model aims to redefine dividend distribution based on each shareholder’s contribution. Bradesco stated that this adjustment does not constitute a material fact affecting investor decisions or share prices. The finalization of this agreement is pending approval from the Central Bank of Brazil and CADE.

The most recent analyst rating on (BBD) stock is a Buy with a $3.20 price target. To see the full list of analyst forecasts on Banco Bradesco SA stock, see the BBD Stock Forecast page.

Spark’s Take on BBD Stock

According to Spark, TipRanks’ AI Analyst, BBD is a Outperform.

Banco Bradesco SA shows a promising outlook with strong income growth and operational efficiency. The stock is technically strong, showing positive momentum. Valuation metrics indicate it is undervalued, offering potential upside. However, liquidity concerns and high leverage remain key risks. Cautious earnings guidance suggests potential headwinds in 2025, warranting careful monitoring.

To see Spark’s full report on BBD stock, click here.

More about Banco Bradesco SA

Banco Bradesco S.A. is a major financial institution in Brazil, offering a wide range of banking and financial services. The company is involved in retail banking, investment banking, and insurance, with a significant focus on the Brazilian market.

Average Trading Volume: 41,371,435

Technical Sentiment Signal: Buy

Current Market Cap: $26.23B

For an in-depth examination of BBD stock, go to TipRanks’ Stock Analysis page.