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Banco Bradesco S.A. is one of the largest financial institutions in Brazil, operating in the “other” sector, within the financial segment and the banking industry.
Founded by Amador Aguiar, the bank has become one of the main players in the Latin American market, offering a wide range of financial services, including retail and wholesale banking, insurance, private pension plans, asset management, and investment solutions.
Its customer base exceeds millions of individuals and companies, maintaining a strong presence throughout Brazil and representative offices in New York, London, Luxembourg, Mexico City, and Buenos Aires.
These international offices do not provide direct banking services but function as strategic points of support for foreign clients and cross-border operations.
Competition in the Brazilian banking sector is intense, and Bradesco stands out for its digital innovation. The bank has invested heavily in technology, creating solutions such as Next, a digital bank targeted at younger customers, and improving its mobile app and online platforms. In addition, Bradesco Seguros, the largest insurance group in Latin America, and Bradesco Asset Management (BRAM), specialized in investment management, are strategic subsidiaries that reinforce the group’s operational strength.
With a robust operational structure, Bradesco has more than 70 million clients, 2,900 branches, and 55,000 ATMs across Brazil. The company employs approximately 86,000 people, ensuring extensive coverage and support for the financial market.
On the New York Stock Exchange (NYSE), the bank’s shares are traded through American Depositary Receipts (ADRs) under the ticker BBDO.
History and when Banco Bradesco S.A. ADR was created
Banco Bradesco was founded on March 10, 1943, in the city of Marília, São Paulo, by Amador Aguiar. Initially, the bank focused on serving small merchants and farmers, offering accessible financial services. Its growth-oriented philosophy and emphasis on financial inclusion enabled Bradesco to expand rapidly across Brazil.
In the 1950s, Bradesco opened its first branch in São Paulo’s capital and introduced technological innovations such as the use of IBM machines to process banking transactions. In the 1960s, the bank launched one of Brazil’s first credit cards, reinforcing its pioneering role in the financial sector.
Accelerated growth occurred through investments in technology and strategic acquisitions. In 2016, one of the most significant milestones in Bradesco’s history took place with the acquisition of HSBC Brasil, in a transaction valued at R$ 16 billion. This acquisition expanded the bank’s customer base and strengthened its presence in the high-income segment.
Between 2020 and 2024, Bradesco faced challenges and transformations. The COVID-19 pandemic impacted the banking industry, requiring increased digitalization and operational efficiency.
Throughout the period, the bank invested in artificial intelligence solutions and digital security, improving customer experience and reducing operating costs. It also reinforced its ESG (Environmental, Social, and Governance) strategy, with initiatives such as carbon neutrality and the issuance of sustainable bonds (green bonds).
Additional Information
The Company Banco Bradesco SA ADR (United States), is listed on NYSE with a market cap of $ 30.96 Billions, having an equity of $ 31.47 Billions.
The Company is listedthe in the sector of Others and categorized in industry of Others.
In the last 12 months the Company had a revenue of $ 20.07 Billions, which generated a profit in the amount of $ 3.63 Billions.
As for its main indicators, the Company has a P/E ratio of 28.30, a P/BV ratio of 0.98 and in the last 12 months the dividend yield of BBD was at 3.01%.
The Company is traded internationally through the ticker BBD.
