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Stock impact report

Bradesco: Operational Efficiency Is Up, But Better Banking Alternatives Remain [Seeking Alpha]

Banco Bradesco Sa American Depositary Shares (each representing one Common Share) (BBDO) 
Company Research Source: Seeking Alpha
BBD's loan portfolio quality has stabilized, with restructured assets down from 4.8% to 3.3% and a CET1 ratio at 13.2%. Despite improvements, BBD trades at 1.2x P/B and ~15% ROAE, making it less attractive relative to peers like ITUB and BSBR. I maintain a structural Sell on BBD, citing limited upside, macro risks, and stronger alternatives in the Brazilian banking sector. Joa_Souza/iStock Unreleased via Getty Images It has already been more than a year since I covered Banco Bradesco S.A. ( BBD ). At the time, my rating for the stock was a structural Sell , signaling that even though there This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of INTR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this Show less Read more
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