Banco Bradesco SA ADRBBD
± MixedCapitalrelevance
Revenue miss but loan growth and maintained guidance create mixed signals; analyst reiterates Hold.
Impact on stocks 1
Financials
Banco Bradesco SA ADRTD Cowen has reiterated a Hold rating on Banco Bradesco S.A. The firm did not disclose a price target. The rating follows the bank's fiscal first quarter 2026 earnings release, which showed revenue of R$36.9 billion, missing the estimated R$36.18 billion. Despite the miss, Banco Bradesco expanded its loan portfolio to R$1.09 trillion, an 8.4% year-over-year increase, and maintained its full-year 2026 guidance for loan growth of around 9.5% and risk-adjusted net interest income growth of 12.5%.
Banco Bradesco SA ADRRevenue miss but loan growth and maintained guidance create mixed signals; analyst reiterates Hold.