UPDATE 2-Brazil lender Bradescos profit plunges 76 percent as bad loan provisions near 3 bln
| BBDO Stock | USD 1.90 0.12 5.94% |
About 61% of Banco Bradesco's investor base is looking to short. The analysis of overall sentiment of trading Banco Bradesco SA stock suggests that many investors are alarmed at this time. Banco Bradesco's investing sentiment overview a quick insight into current market opportunities from investing in Banco Bradesco SA. Many technical investors use Banco Bradesco SA stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
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Banco Bradesco SA , Brazils second-largest lender, reported a 75.9 percent dive in its fourth-quarter net income on Thursday, as it booked nearly 15 billion reais in provisions for bad loans amid high interest rates. Bradescos recurring net income, which excludes one-off items, landed at 1.59 billion reais for the last three months of 2022, it said, as it warned of even higher provisions in 2023 as well as slower growth in its loan book. Brazils central bank has maintained the benchmark interest rate at 13.75 percent because it is technically adequate, despite repeated protests from President Luiz Inacio Lula da Silva that rates should be lower.
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Banco Bradesco Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Banco Bradesco can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Banco Bradesco Fundamental Analysis
We analyze Banco Bradesco's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Banco Bradesco using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Banco Bradesco based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Earning
Price To Earning Comparative Analysis
Banco Bradesco is currently under evaluation in price to earning category among its peers. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Banco Bradesco SA Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Banco Bradesco stock to make a market-neutral strategy. Peer analysis of Banco Bradesco could also be used in its relative valuation, which is a method of valuing Banco Bradesco by comparing valuation metrics with similar companies.
Peers
Banco Bradesco Related Equities
| CFBK | CF Bankshares | 0.79 | ||||
| AFBI | Affinity Bancshares | 0.79 | ||||
| BCAL | Southern California | 0.73 | ||||
| LNKB | LINKBANCORP | 0.66 | ||||
| BAFN | Bayfirst Financial | 0.61 | ||||
| NECB | Northeast Community | 0.23 | ||||
| HFBL | Home Federal | 0.08 | ||||
| CWBC | Community West | 0.18 | ||||
| BCH | Banco De | 0.22 | ||||
| FFNW | First Financial | 0.44 | ||||
| BCML | BayCom Corp | 0.55 | ||||
| CFB | CrossFirst Bankshares | 1.48 | ||||
| AUBN | Auburn National | 2.54 | ||||
| BSBR | Banco Santander | 5.02 |
Check out Banco Bradesco Hype Analysis, Banco Bradesco Correlation and Banco Bradesco Performance. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Banco Bradesco. If investors know Banco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Banco Bradesco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.436 | Dividend Share 1.114 | Earnings Share 0.22 | Revenue Per Share 7.098 | Quarterly Revenue Growth 0.429 |
The market value of Banco Bradesco SA is measured differently than its book value, which is the value of Banco that is recorded on the company's balance sheet. Investors also form their own opinion of Banco Bradesco's value that differs from its market value or its book value, called intrinsic value, which is Banco Bradesco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Banco Bradesco's market value can be influenced by many factors that don't directly affect Banco Bradesco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Banco Bradesco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Banco Bradesco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Banco Bradesco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.