BBDOBanco Bradesco S.A.
The Read
4% following Brazil Central Bank guidance that improved NIM outlook and loan stability.
The schedule
- Mon21Sep
- Thu29Oct
- Tue9Feb
- Thu6May
Past
- Fri31Jul
Actual outcome: Bull · $3.64 at outcome
BBDO reported Q2 2026 earnings with an EPS of $0.61, perfectly matching analyst estimates. The stock rallied 20.1% over the following month as stable asset quality trends and in-line profitability reassured investors. This alleviation of underlying credit concerns provided the fundamental confidence needed to drive the bullish price action.
- Fri19Jun
Actual outcome: Mixed · $2.95 at outcome
The Brazil Central Bank (COPOM) rate decision and accompanying commentary provided a favorable outlook for the Selic rate trajectory. This supportive macroeconomic backdrop bolstered expectations for BBDO's net interest margins and stabilized non-performing loan projections, ultimately driving the stock's steady rally well past the bull target.
Brazil Central Bank (COPOM) decision on the Selic rate, heavily impacting BBDO's net interest margin and NPL outlook.
- Thu7May
Actual outcome: Bear · $2.91 at outcome
Banco Bradesco reported Q1 2026 EPS of $0.61, exactly matching consensus estimates. Despite the in-line headline earnings, the stock steadily declined below the $3.20 bear floor by late May. This negative price action indicates the market focused on underlying weaknesses, likely reflecting the anticipated risks of net interest margin pressure and rising provisions overshadowing broader credit growth.
Q1 2026 results and updated net interest margin guidance will show how Banco Bradesco is converting Brazil's stronger credit growth into earnings at a time when the ADR is trading at $3.54, near its 52-week high, with upside to $3.90 if growth and asset quality hold, and downside to $3.20 if margin pressure or rising provisions surprise the market.
