BBD Stock Recent News

Bombardier saw a strong Q2 and is executing well on its long-term targets. Bombardier boosted free cash flow guidance for the year.

Banco Bradesco's recent deal with BV bodes well for the long-term trajectory of its wealth management business. In the meantime, fundamentals are strong, supported by insurance growth and improving cost of risk trends.

Aiming to start offering digital banking in Mexico, Brazil's Bradescard, a subsidiary of Banco Bradesco, has reportedly agreed to acquire Mexico's Ictineo Plataforma.  Bradesco has had a financing company in Mexico for 12 years, but this will be its first retail banking venture outside Brazil, according to a Thursday (Aug. 25) Reuters report.

Banco Bradesco SA (NYSE:BBD ) Q2 2022 Earnings Conference Call August 5, 2022 12:30 PM ET Company Participants Carlos Firetti - Business Controller & Market Relations Director Leandro Miranda - Managing Executive Director & IR Director Octavio de Lazari - CEO Conference Call Participants Thiago Batista - UBS Daer Labarta - Goldman Sachs Group Carlos Gomez - HSBC Operator Good afternoon, ladies and gentlemen, and thank you for waiting. We would like to welcome everyone to Bradesco's Second Quarter 2022 Earnings Conference Call.

LYG vs. BBD: Which Stock Is the Better Value Option?

Banco Bradesco (BBD) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Here is how Banco Bradesco (BBD) and Capital City Bank (CCBG) have performed compared to their sector so far this year.

Emerging market banks will likely be among some of the most interesting contrarian buys within emerging markets, as investors will likely shift to safer consumer themed stocks. Economic and political sentiment will continue to be poor among emerging markets, so stocks have certainly not reached a final bottom.

Here is how Banco Bradesco (BBD) and Capital City Bank (CCBG) have performed compared to their sector so far this year.

Banks in Brazil will be under considerable pressure this year, as NPLs rise, credit growth decreases, and macroeconomic conditions become worse. Banco Bradesco is on track to deliver strong growth, and the bank's NPLs are still at a reasonable level.