Banco Bradesco Posts Ninth Straight Quarterly Profit Gain on Revenue and Secured Credit Growth in 1Q26
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Banco Bradesco SA ( (BBD) ) has shared an announcement.
In the first quarter of 2026, Bradesco reported recurring net income of R$6.8 billion, up 16.1% year-on-year and its ninth consecutive quarterly increase, driven by a 14.0% rise in total revenue to R$36.9 billion and stronger net interest income. The bank expanded its return on equity, kept costs under control with an improved cost-to-income ratio of 46.9%, and maintained capital ratios above internal and regulatory thresholds despite regulatory changes.
Operational performance was supported by a higher share of secured lending, solid asset quality with Stage 3 coverage above 100%, and declining distressed restructured loans, although credit costs rose due to specific large corporate cases and some deterioration in legacy rural credit and MSME portfolios. Insurance operations delivered robust growth in operating and financial income, Bradesco launched Bradsaúde to consolidate its healthcare assets, accelerated its GenAI-driven transformation and digital client base to 28 million, and advanced its sustainability agenda, already meeting 89% of its R$450 billion ESG credit allocation target set through December 2026.
The most recent analyst rating on (BBD) stock is a Buy with a $22.00 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 Neutral.
The score is held back primarily by weaker financial performance quality—especially highly volatile and negative recent operating/free cash flow and the sharp revenue decline—despite ongoing profitability. Offsetting factors include constructive technical momentum, a reasonable value/dividend setup, and an earnings call narrative supporting continued growth and improving efficiency, albeit with cost and capital/regulatory risks.
To see Spark’s full report on BBD stock, click here.
More about Banco Bradesco SA
Banco Bradesco S.A. is one of Brazil’s largest private-sector banks, offering a broad range of retail and corporate banking, credit, insurance, pension and capitalization products. The group has a growing digital footprint, serves individuals, SMEs and large corporates nationwide, and is increasingly focused on secured lending and integrated financial and insurance solutions, including healthcare-related services through its Bradsaúde platform.
Bradesco also operates significant insurance and asset management businesses, positioning itself as a diversified financial services group in the Brazilian market. The bank emphasizes a customer-centric strategy, conservative risk appetite, and investments in technology and GenAI to boost productivity, strengthen digital engagement and enhance security while maintaining capital ratios above regulatory requirements and pursuing sustainability-linked credit targets.
Average Trading Volume: 38,415,275
Technical Sentiment Signal: Buy
Current Market Cap: $38.39B
For an in-depth examination of BBD stock, go to TipRanks’ Overview page.
