Banco Bradesco S.A.
Banco Bradesco S.A., together with its subsidiaries, provides various banking products and services in Brazil and internationally. The company operates in two segments, Banking and Insurance. It engages in banking operations, including investment, national, international, and private banking, as well as investment fund management, consortium administration, middle market and corporate activities,… Read more
Banco Bradesco S.A. (BBDC3) - Net Assets
Latest net assets as of December 2025: R$178.95 Billion BRL
Based on the latest financial reports, Banco Bradesco S.A. (BBDC3) has net assets worth R$178.95 Billion BRL as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$2.33 Trillion) and total liabilities (R$2.15 Trillion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | R$178.95 Billion |
| % of Total Assets | 7.68% |
| Annual Growth Rate | 10.32% |
| 5-Year Change | -87.54% |
| 10-Year Change | 69.65% |
| Growth Volatility | 159.19 |
Banco Bradesco S.A. - Net Assets Trend (2000–2025)
This chart illustrates how Banco Bradesco S.A.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Banco Bradesco S.A. (2000–2025)
The table below shows the annual net assets of Banco Bradesco S.A. from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | R$178.95 Billion | +5.92% |
| 2024-12-31 | R$168.94 Billion | +1.15% |
| 2023-12-31 | R$167.01 Billion | +5.21% |
| 2022-12-31 | R$158.74 Billion | -88.95% |
| 2021-12-31 | R$1.44 Trillion | +3.68% |
| 2020-12-31 | R$1.39 Trillion | +21.94% |
| 2019-12-31 | R$1.14 Trillion | +811.36% |
| 2018-12-31 | R$124.68 Billion | +5.93% |
| 2017-12-31 | R$117.69 Billion | +11.58% |
| 2016-12-31 | R$105.48 Billion | +16.02% |
| 2015-12-31 | R$90.91 Billion | +10.48% |
| 2014-12-31 | R$82.29 Billion | +14.13% |
| 2013-12-31 | R$72.10 Billion | +1.06% |
| 2012-12-31 | R$71.35 Billion | +20.15% |
| 2011-12-31 | R$59.38 Billion | +16.07% |
| 2010-12-31 | R$51.16 Billion | +10.95% |
| 2009-12-31 | R$46.11 Billion | +23.75% |
| 2008-12-31 | R$37.26 Billion | +12.61% |
| 2007-12-31 | R$33.09 Billion | +24.89% |
| 2006-12-31 | R$26.49 Billion | +36.18% |
| 2005-12-31 | R$19.46 Billion | +24.40% |
| 2004-12-31 | R$15.64 Billion | +14.91% |
| 2003-12-31 | R$13.61 Billion | +23.11% |
| 2002-12-31 | R$11.05 Billion | +11.95% |
| 2001-12-31 | R$9.87 Billion | -35.74% |
| 2000-12-31 | R$15.37 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Banco Bradesco S.A.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 9057326600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$90.57 Billion | 50.77% |
| Common Stock | R$87.10 Billion | 48.82% |
| Other Comprehensive Income | R$840.02 Million | 0.47% |
| Total Equity | R$178.42 Billion | 100.00% |
Banco Bradesco S.A. Competitors by Market Cap
The table below lists competitors of Banco Bradesco S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Schindler Holding AG
PINK:SHLAF
|
$20.43 Billion |
|
Halma PLC
PINK:HALMY
|
$20.44 Billion |
|
Humana Inc
NYSE:HUM
|
$20.50 Billion |
|
Cellnex Telecom S.A
PINK:CLNXF
|
$20.51 Billion |
|
UCB SA
PINK:UCBJF
|
$20.38 Billion |
|
Sandvik AB (publ)
PINK:SDVKF
|
$20.36 Billion |
|
First Solar Inc
NASDAQ:FSLR
|
$20.32 Billion |
|
Gree Electric Appliances Inc of Zhuhai
SHE:000651
|
$20.32 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Banco Bradesco S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 168,409,653,000 to 178,415,153,000, a change of 10,005,500,000 (5.9%).
- Net income of 23,672,706,000 contributed positively to equity growth.
- Dividend payments of 11,834,032,000 reduced retained earnings.
- Share repurchases of 222,621,000 reduced equity.
- Other comprehensive income decreased equity by 83,477,515,000.
- Other factors increased equity by 81,866,962,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$23.67 Billion | +13.27% |
| Dividends Paid | R$11.83 Billion | -6.63% |
| Share Repurchases | R$222.62 Million | -0.12% |
| Other Comprehensive Income | R$-83.48 Billion | -46.79% |
| Other Changes | R$81.87 Billion | +45.89% |
| Total Change | R$- | 5.94% |
Book Value vs Market Value Analysis
This analysis compares Banco Bradesco S.A.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.97x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 9.44x to 0.97x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | R$1.74 | R$16.42 | x |
| 2001-12-31 | R$1.11 | R$16.42 | x |
| 2002-12-31 | R$1.24 | R$16.42 | x |
| 2003-12-31 | R$1.40 | R$16.42 | x |
| 2004-12-31 | R$1.61 | R$16.42 | x |
| 2005-12-31 | R$1.94 | R$16.42 | x |
| 2006-12-31 | R$2.64 | R$16.42 | x |
| 2007-12-31 | R$3.22 | R$16.42 | x |
| 2008-12-31 | R$3.55 | R$16.42 | x |
| 2009-12-31 | R$4.38 | R$16.42 | x |
| 2010-12-31 | R$4.84 | R$16.42 | x |
| 2011-12-31 | R$9.79 | R$16.42 | x |
| 2012-12-31 | R$13.27 | R$16.42 | x |
| 2013-12-31 | R$11.78 | R$16.42 | x |
| 2014-12-31 | R$13.88 | R$16.42 | x |
| 2015-12-31 | R$16.94 | R$16.42 | x |
| 2016-12-31 | R$19.65 | R$16.42 | x |
| 2017-12-31 | R$21.91 | R$16.42 | x |
| 2018-12-31 | R$11.62 | R$16.42 | x |
| 2019-12-31 | R$12.64 | R$16.42 | x |
| 2020-12-31 | R$13.62 | R$16.42 | x |
| 2021-12-31 | R$12.76 | R$16.42 | x |
| 2022-12-31 | R$14.85 | R$16.42 | x |
| 2023-12-31 | R$15.63 | R$16.42 | x |
| 2024-12-31 | R$15.87 | R$16.42 | x |
| 2025-12-31 | R$16.87 | R$16.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Banco Bradesco S.A. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.27%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.53%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 13.06x
- Recent ROE (13.27%) is below the historical average (17.93%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 22.83% | 26.28% | 0.07x | 11.65x | R$1.97 Billion |
| 2001 | 23.18% | 8.03% | 0.26x | 11.06x | R$1.29 Billion |
| 2002 | 19.73% | 5.89% | 0.28x | 11.97x | R$1.06 Billion |
| 2003 | 16.94% | 6.43% | 0.22x | 12.24x | R$939.99 Million |
| 2004 | 21.38% | 8.76% | 0.21x | 11.38x | R$1.77 Billion |
| 2005 | 32.51% | 13.02% | 0.23x | 10.75x | R$4.37 Billion |
| 2006 | 24.48% | 11.99% | 0.21x | 9.80x | R$3.82 Billion |
| 2007 | 23.90% | 12.93% | 0.18x | 10.11x | R$4.60 Billion |
| 2008 | 19.00% | 9.13% | 0.18x | 11.79x | R$3.33 Billion |
| 2009 | 20.14% | 10.81% | 0.17x | 10.85x | R$4.64 Billion |
| 2010 | 19.47% | 12.74% | 0.13x | 11.81x | R$4.83 Billion |
| 2011 | 18.53% | 11.12% | 0.14x | 12.21x | R$5.04 Billion |
| 2012 | 15.87% | 11.28% | 0.13x | 11.24x | R$4.18 Billion |
| 2013 | 17.24% | 12.50% | 0.12x | 11.66x | R$5.21 Billion |
| 2014 | 18.64% | 12.57% | 0.13x | 11.32x | R$7.10 Billion |
| 2015 | 19.97% | 13.15% | 0.13x | 11.31x | R$9.05 Billion |
| 2016 | 16.99% | 9.55% | 0.16x | 11.32x | R$7.36 Billion |
| 2017 | 14.56% | 10.25% | 0.14x | 10.43x | R$5.35 Billion |
| 2018 | 13.34% | 11.51% | 0.11x | 10.51x | R$4.16 Billion |
| 2019 | 15.56% | 13.31% | 0.11x | 10.20x | R$7.51 Billion |
| 2020 | 10.88% | 12.09% | 0.08x | 11.02x | R$1.27 Billion |
| 2021 | 15.47% | 14.71% | 0.09x | 11.19x | R$8.19 Billion |
| 2022 | 13.41% | 8.86% | 0.13x | 11.37x | R$5.40 Billion |
| 2023 | 8.57% | 5.60% | 0.13x | 11.59x | R$-2.38 Billion |
| 2024 | 10.24% | 6.91% | 0.12x | 12.29x | R$411.93 Million |
| 2025 | 13.27% | 6.53% | 0.16x | 13.06x | R$5.83 Billion |
Industry Comparison
This section compares Banco Bradesco S.A.'s net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $5,311,798,480
- Average return on equity (ROE) among peers: 11.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Banco Bradesco S.A. (BBDC3) | R$178.95 Billion | 22.83% | 12.02x | $20.38 Billion |
| Banco da Amazônia S.A (BAZA3) | $4.84 Billion | 23.18% | 6.15x | $23.06 Million |
| Banestes S.A - Banco do Estado do Espírito Santo (BEES3) | $967.68 Million | 11.36% | 13.51x | $37.47 Million |
| Banco Mercantil de Investimentos S.A (BMIN3) | $123.08 Million | 1.81% | 0.44x | $1.30 Million |
| Banco Alfa de Investimento S.A (BRIV3) | $926.01 Million | 10.83% | 12.15x | $52.75 Million |
| Banco do Estado do Rio Grande do Sul S.A (BRSR3) | $10.41 Billion | 8.79% | 13.16x | $642.78 Million |
| Inter & Co Inc (INBR32) | $2.16 Billion | 1.28% | 3.67x | $417.84 Million |
| Itaú Unibanco Holding S.A. (ITUB3) | $17.75 Billion | 26.11% | 5.51x | $39.88 Billion |