Banco do Brasil S.A. is a leading Brazilian financial institution operating within the banking industry, classified under the "Others" sector.
It was founded in 1808 by royal decree of Prince Regent Dom João VI, making it one of the oldest banks in continuous operation in the world.
Headquartered in Brasília, Banco do Brasil is one of the largest banks in Latin America, offering a comprehensive portfolio of financial products and services for individuals, corporations, and public sector entities.
Its offerings include:
- Checking and savings accounts
- Credit and debit cards
- Real estate financing
- Agricultural and rural credit
- Investment products
- Private pension plans
- Insurance solutions
- Foreign exchange services
Banco do Brasil also operates in the capital markets through its subsidiary BB Investimentos, while BB Seguridade provides insurance and pension products.
The bank maintains a broad presence in Brazil and internationally, with branches and offices across North America, Latin America, Europe, and Asia.
Banco do Brasil plays a strategic role in supporting the agribusiness sector, public administration, and large corporations, reinforcing its importance in both the national and global financial systems.
Market growth drivers include monetary policy, agricultural credit programs, investment in banking technology, and the digital transformation of financial services.
The bank has heavily invested in the modernization of its digital platforms, expanding customer access to services through mobile apps and internet banking.
Its operational structure includes administrative centers, bank branches, digital platforms, and strategic partnerships. With thousands of employees, Banco do Brasil is focused on innovation, operational efficiency, and delivering robust banking solutions.
The bank’s shares are traded on the Nasdaq under the ticker BDORY via American Depositary Receipts (ADRs).
History and Founding of Banco do Brasil S.A.
Banco do Brasil was founded in 1808 by decree of Dom João VI, during the relocation of the Portuguese royal court to Brazil. Its original purpose was to finance the economic development of the colony and support commercial transactions.
It was Brazil's first banking institution and, at its inception, held functions of both a commercial bank and currency issuer, similar to a central bank.
Throughout the 19th century, Banco do Brasil underwent several closures and reopenings due to economic and political instability. In 1853, it was reestablished with a new structure focused on credit and financing services to support the country's economic growth.
Key historical milestones include:
- 1905: Expansion of agricultural credit programs and rural financing
- 1926: Opening of the first international branch in Buenos Aires, Argentina
- 1945: Institutional restructuring and expansion of banking services
- 1986: Entry into the capital markets through the launch of BB Investimentos
- 2013: IPO of BB Seguridade, boosting its presence in insurance and private pensions
From 2020 to 2024, Banco do Brasil intensified its investments in digital transformation, developing innovative financial services and expanding credit offerings to better meet the needs of a rapidly evolving banking environment.
Currently led by Tarciana Medeiros, the bank operates under the supervision of the Central Bank of Brazil and complies with both national and international financial regulations.
Today, Banco do Brasil S.A. continues to expand its reach in domestic and global markets by investing in banking technology, digital services, and integrated solutions for the financial sector, consolidating its position as one of Brazil's most influential and enduring financial institutions.
Additional Information
The Company Banco Do Brasil SA (United States), is listed on Nasdaq with a market cap of $ 23.35 Billions, having an equity of $ 34.90 Billions.
The Company está listadathe in the sector of Others and categorized in industry of Others.
In the last 12 months the Company had a revenue of $ 25.28 Billions, which generated a profit in the amount of $ 2.23 Billions.
As for its main indicators, the Company has a P/E ratio of 10.46, a P/BV ratio of 0.67 and in the last 12 months the dividend yield of BDORY was at 7.26%.
The Company is traded internationally through the ticker BDORY.