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Banco Bradesco (BBD)
NYSE:BBD
Earnings Data
Report Date
Apr 29, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.12Last Year’s EPS
0.1Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a strong operational and financial progress story: recurring net income, ROAE, digital adoption, SME share gains, NII and capital markets growth, and a high‑performing insurance business were prominent positives. Management is investing heavily in technology and transformation (22% higher tech spend) which supports medium‑term productivity gains but kept near‑term operating expenses elevated. Capital (CET1) is being actively managed but faces regulatory/prudential headwinds and the bank signaled possible short‑term volatility from elections and market expectations. Overall, the highlights — material earnings growth, improving efficiency, robust digital and SME traction and strong insurance results — meaningfully outweigh the lowlights tied to higher OpEx, capital monitoring and some product‑level tradeoffs.Company Guidance
Strong recurring net income and ROAE
Recurring net income of BRL 6.5 billion in Q4 (+20.6% YoY) and BRL 24.7 billion for the full year (+26.1% YoY); ROAE reached 15.2% in the quarter, exceeding cost of capital.
Digital transformation and dramatic cost reduction
19 million fully digital retail clients with BIA GenAI retaining 90% of digital interactions; direct cost to serve on the digital platform reduced by ~40x; target to reach ~40 million digital clients by 2026.
SME leadership, NPS and market share gains
SME market share increased from 14.3% to 16.6% (to Sept 2025); SME NPS improved from 56 to 74 points; micro‑small‑medium companies loan growth +21.3% supporting share gains.
Revenue growth across key lines (NII, fees, capital markets)
Net interest income (NII) grew +14.9% YoY and client NII +17.4%; fee & commission and card income increased (card income +14.4%); capital markets revenue up +29.2% YoY for full year 2025.
Loan portfolio growth with stable asset quality
Expanded loan portfolio growth delivered ahead of guidance (management highlighted execution to ~11% growth vs earlier 9.6%); NPL and 90‑day metrics largely flat; Stage 3 assets declining quarter‑by‑quarter while Stage 1 increases.
Insurance and affiliated businesses performing strongly
Insurance ROE ~24.3% (full‑year ~22% referenced); insurance operations growth exceeded guidance (+16.1%); technical provisions BRL 446 billion (+>10% YoY), contributing materially to consolidated results.
Technology investment and productivity gains
Technology investment up +22% in 2025 vs 2024; app delivery capacity tripled (100→300) in under two years; efficiency gains demonstrated (efficiency ratio improved by 2.2 p.p. to ~50%) with a target of 40% by 2028.
Capital and guidance discipline
Tier 1 capital improved year‑on‑year (quoted 12.4% → 13.2%); management delivered at top of prior guidance (loan portfolio growth and insurance ops); CET1 guidance around ~11% for 2026 while balancing payouts and growth.
Share price appreciation and market recognition
Share price appreciated ~106% between Dec 31, 2024 and Feb 6, 2026, reflecting market recognition of the transformation and earnings delivery.
BBD 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
BBD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 05, 2026 | $4.00 | $3.98 | -0.50% |
Oct 28, 2025 | $3.34 | $3.46 | +3.84% |
Jul 30, 2025 | $2.69 | $2.69 | 0.00% |
May 08, 2025 | $2.17 | $2.59 | +18.94% |
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 (BBD) report earnings?
Banco Bradesco (BBD) is schdueled to report earning on Apr 29, 2026, Before Open (Confirmed).
What is Banco Bradesco (BBD) earnings time?
Banco Bradesco (BBD) earnings time is at Apr 29, 2026, Before Open (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 BBD EPS forecast?
BBD EPS forecast for the fiscal quarter 2026 (Q1) is 0.12.