Analyst Consensus ?
ConsensusHold16 ratings
Bullish637.5%
Neutral956.3%
Bearish16.2%
Banco Bradesco S.A. · BBD · FY2024 Q3 · Calendar Q4 2024
Bradesco Q3: Broad Growth, Stable Guidance, Execution Risks
The supplied analysis supports a constructive but conditional view: Bradesco reported broad Q3 growth and maintained guidance, while credit quality, macro pressure and execution remain important tests.
Reported Before market openNYSEFinancial Services
$42.10B market cap
80quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$0.10
Consensus $0.09
EPS surprise
+11.1%
Reported versus consensus
Reported revenue
—
Consensus $5.66B
Revenue surprise
—
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
-3.9%
Event window
SPY move
-2.0%
Same window
Abnormal move
-1.9%
Stock minus SPY
Volume
0.7×
Versus trailing sessions
Subsequent drift
-13.8%
Up to 20 sessions
BBDSPY benchmark
Ask FN2 about BBD FY2024 Q3
Transcript, numbers and history already loaded
Why did BBD fall 3.9% after beating EPS estimates in FY2024 Q3?What changed in BBD's guidance and outlook in FY2024 Q3?Give me the bull and bear case for BBD after FY2024 Q3 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Compared with the prior-quarter analysis, the supplied Q3 analysis adds the Bradesco Principle wealth-management rollout, a larger Cielo stake and a pending John Deere Bank acquisition, alongside continued technology and AI investment.
Guidance delta
Guidance was maintained; no change was identified in the supplied analysis.
Key takeaways
- Management described broad-based growth across individuals, SMEs and corporate customers.
- Risk-adjusted lending and collateralised programs were central to the quarter's credit-quality narrative.
- Technology, AI, wealth management and insurance remained key strategic priorities.
Management priorities
- Expand collateralised lending and risk-adjusted return programs.
- Advance digital, technology and AI initiatives.
- Develop Bradesco Principle and integrate the pending John Deere Bank acquisition.
Follow BBD with an agent that reads every filing, transcript, and price print. Free to start.
Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$4.07Current
$3.2Low
$3.77Average
$4.2High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 24, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| HSBC | Hold | Buy | Downgrade | Oct 8, 2026 |
| JP Morgan | Overweight | Neutral | Upgrade | Oct 6, 2026 |
| Goldman Sachs | Neutral | Sell | Upgrade | Oct 14, 2025 |
| Citigroup | Buy | Neutral | Upgrade | May 28, 2025 |
| B of A Securities | Buy | Neutral | Upgrade | May 8, 2025 |
| HSBC Securities | Buy | Hold | Upgrade | Jan 13, 2025 |
| Jefferies | Hold | Buy | Downgrade | Feb 9, 2024 |
| Barclays | Equal Weight | Equal Weight | Maintain | Mar 7, 2023 |
| Itau BBA | Market Perform | Outperform | Downgrade | Sep 13, 2021 |
| Morgan Stanley | Overweight | Equal Weight | Upgrade | Aug 7, 2019 |
| UBS | Neutral | Buy | Downgrade | May 5, 2016 |
| Deutsche Bank | Hold | Buy | Downgrade | Mar 22, 2016 |
| Scotiabank | Underperform | Underperform | Maintain | Mar 15, 2016 |
| Bank of America | Buy | Neutral | Upgrade | Mar 14, 2016 |
| Canaccord Genuity | Neutral | Outperform | Downgrade | Apr 9, 2015 |
| GBM | Market Perform | Market Underperform | Upgrade | Jul 23, 2013 |
Named analyst price targets
Upside is calculated against the persisted current price $4.07. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Goldman Sachs | Analyst unavailable | $4.2 | $4.24 | +3.2% | Oct 9, 2026 |
| HSBC | Analyst unavailable | $3.9 | $4.34 | -4.2% | Oct 8, 2026 |
| Goldman Sachs | Tito Labarta | $3.2 | $2.75 | -21.4% | Aug 19, 2024 |
Track every rating change on BBD the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationBanco Bradesco S.A., along with its affiliated entities, functions as a prominent financial institution delivering a broad spectrum of banking and financial services. These offerings cater to individual clients, corporate organizations, and various businesses, operating both within Brazil and across international markets. Its operations are structured around two core divisions: Banking and Insurance. Within its Banking division, it facilitates a range of deposit accounts, including checking, savings, and specialized options.…
Historical context
All BBD earningsFinancial Services peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| FCNCA First Citizens BancShares, Inc. | FY2026 Q3 · Calendar Q4 2026 | — | +9.9% | First Citizens raises Q4 outlook after strong loan and deposit growth |
| FCNCN First Citizens BancShares, Inc. Depositary Shares, each representing a 1/40th interest in a share of 6.625% Non-Cumulative Perpetual Preferred Stock, Series E | FY2026 Q3 · Calendar Q4 2026 | — | +0.5% | First Citizens: Strong Q3 Growth, Higher 2026 Guidance |
| FCNCO First Citizens BancShares, Inc. | FY2026 Q3 · Calendar Q4 2026 | — | +0.3% | First Citizens reports strong Q3 growth and raises guidance |
| FCNCP First Citizens BancShares, Inc. | FY2026 Q3 · Calendar Q4 2026 | — | +1.0% | First Citizens: Strong Q3 growth supports a raised outlook |
| AXP American Express Company | FY2026 Q3 · Calendar Q4 2026 | — | -3.6% | American Express raises EPS outlook as premium cards and AI drive growth |
| BBDO Banco Bradesco S.A. | FY2026 Q3 · Calendar Q4 2026 | — | +1.7% | Bradesco: Loan growth and capital strength remain central |
Latest beats and misses
Who reports nextBeat on EPS
- EFY2026 Q3 · October 23, 2026+13.9% EPS+4.3% move
- RITM-PDFY2026 Q3 · October 23, 2026+10.2% EPS— move
- FIXFY2026 Q3 · October 22, 2026+8.2% EPS-8.5% move
- DECKFY2027 Q2 · October 22, 2026+13.4% EPS-0.2% move
- OMCFY2026 Q3 · October 22, 2026+2.2% EPS+2.6% move
- SSNCFY2026 Q3 · October 22, 2026+0.6% EPS+2.8% move
Missed on EPS
- BBDFY2026 Q3 · October 22, 2026-7.7% EPS+3.0% move
- SNAFY2026 Q3 · October 22, 2026-5.9% EPS-3.4% move
- SPOTFY2026 Q3 · October 22, 2026-11.6% EPS+11.1% move
- VRSNFY2026 Q3 · October 22, 2026-2.0% EPS-0.9% move
- HBANMFY2026 Q3 · October 22, 2026-5.3% EPS+0.5% move
- HBANPFY2026 Q3 · October 22, 2026-5.3% EPS0.0% move
Get the BBD recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2024-11-10T18:38:36.707185+00:00
- Polygon adjusted daily market bars · 2026-10-24T02:40:42.654908+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-24T02:40:42.651200+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-24. For educational purposes only; not investment advice.