Banco Historical Income Statement
| BBDO Stock | USD 1.90 0.12 5.94% |
Historical analysis of Banco Bradesco income statement accounts such as Interest Expense of 164.2 B, Total Revenue of 68.1 B or Gross Profit of 317.9 B can show how well Banco Bradesco SA performed in making a profits. Evaluating Banco Bradesco income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Banco Bradesco's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Banco Bradesco SA latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Banco Bradesco SA is a good buy for the upcoming year.
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About Banco Income Statement Analysis
Banco Bradesco SA Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Banco Bradesco shareholders. The income statement also shows Banco investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Banco Bradesco Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Banco Bradesco SA generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Banco Bradesco SA minus its cost of goods sold. It is profit before Banco Bradesco operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Banco Bradesco SA. It is also known as Banco Bradesco overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Banco Bradesco SA operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Banco Bradesco SA is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from Banco Bradesco's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Banco Bradesco SA current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Banco Bradesco SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. At this time, Banco Bradesco's Selling And Marketing Expenses is very stable compared to the past year. As of the 30th of November 2024, Net Income From Continuing Ops is likely to grow to about 16.1 B, while Total Revenue is likely to drop about 68.1 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 102.4B | 106.3B | 302.8B | 317.9B | Total Revenue | 102.4B | 106.3B | 100.3B | 68.1B |
Banco Bradesco income statement Correlations
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Banco Bradesco Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Banco Bradesco income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 5.9B | 5.9B | 5.8B | 5.7B | 6.5B | 6.8B | |
| Interest Expense | 58.6B | 48.6B | 55.1B | 130.8B | 156.4B | 164.2B | |
| Total Revenue | 99.3B | 82.4B | 102.4B | 106.3B | 100.3B | 68.1B | |
| Gross Profit | 99.3B | 82.4B | 102.4B | 106.3B | 302.8B | 317.9B | |
| Other Operating Expenses | 32.9B | 82.4B | 102.4B | 106.3B | 100.3B | 105.3B | |
| Operating Income | 13.2B | 20.7B | 49.3B | 39.3B | 23.0B | 19.6B | |
| Ebit | 13.2B | 5.2B | 32.9B | 155.3B | (2.4B) | (2.3B) | |
| Ebitda | 19.1B | 11.1B | 38.6B | 161.0B | 4.1B | 3.9B | |
| Total Operating Expenses | 32.9B | 82.4B | 102.4B | 106.3B | 100.3B | 105.3B | |
| Income Before Tax | 13.4B | 4.1B | 32.9B | 24.6B | 10.2B | 14.4B | |
| Total Other Income Expense Net | 150.2M | (16.6B) | (16.4B) | (14.6B) | (12.8B) | (12.2B) | |
| Net Income | 21.0B | 15.8B | 23.2B | 21.2B | 14.3B | 12.6B | |
| Income Tax Expense | (7.8B) | (12.0B) | 9.5B | 3.2B | (4.3B) | (4.1B) | |
| Selling General Administrative | 39.7B | 33.4B | 34.7B | 34.8B | 36.0B | 26.3B | |
| Selling And Marketing Expenses | 4.5B | 3.9B | 4.4B | 5.2B | 4.6B | 4.9B | |
| Net Income From Continuing Ops | 21.2B | 16.0B | 23.4B | 21.2B | 13.4B | 16.1B | |
| Cost Of Revenue | 1.2B | 1.1B | 1.2B | 2.7B | (234.4B) | (222.7B) | |
| Net Income Applicable To Common Shares | 21.0B | 15.8B | 21.9B | 21.0B | 24.1B | 17.7B | |
| Minority Interest | 444.1M | 497.2M | (208.5M) | (233.5M) | (243.5M) | (231.3M) | |
| Tax Provision | (7.8B) | (12.0B) | 9.5B | 3.0B | (5.3B) | (5.1B) | |
| Net Interest Income | 65.8B | 71.2B | 83.1B | 69.3B | 63.1B | 69.0B | |
| Interest Income | 124.4B | 119.7B | 138.2B | 200.6B | 219.0B | 159.5B | |
| Reconciled Depreciation | 5.9B | 5.9B | 5.8B | 5.7B | 6.4B | 6.1B |
Pair Trading with Banco Bradesco
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Banco Bradesco position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Banco Bradesco will appreciate offsetting losses from the drop in the long position's value.Moving against Banco Stock
| 0.91 | VBNK | VersaBank Normal Trading | PairCorr |
| 0.91 | EGBN | Eagle Bancorp Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.9 | VBTX | Veritex Holdings Fiscal Year End 28th of January 2025 | PairCorr |
| 0.88 | EBMT | Eagle Bancorp Montana Normal Trading | PairCorr |
| 0.87 | RF | Regions Financial Fiscal Year End 17th of January 2025 | PairCorr |
The ability to find closely correlated positions to Banco Bradesco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Banco Bradesco when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Banco Bradesco - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Banco Bradesco SA to buy it.
The correlation of Banco Bradesco is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Banco Bradesco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Banco Bradesco SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Banco Bradesco can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Banco Bradesco SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two 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.