Ethic Inc. cut its holdings in Banco Bradesco SA (NYSE: BBD) by 24.9% in the undefined quarter, according to its most recent 13F filing with the SEC. The firm owned 116,840 shares of the bank's stock after selling 38,814 shares during the quarter. Ethic Inc.'s holdings in Banco Bradesco were worth $354,000 as
Bradesco remains a buy ahead of Q3 2025 earnings, driven by resilient credit growth and effective NPL control amid a challenging macro backdrop. Expectations for Banco Bradesco include a credit portfolio of BRL 1.04 trillion, stable NPLs at 4.1%, and NII growth of 16.9% YoY. I will estimate a target of 1.2x P/B, considering that the company has traded well above this level in the past.
Banco Bradesco (BBD) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
| - Industry | - Sector | Marcelo de Araujo Noronha CEO | XDUS Exchange | US0594603039 ISIN |
| BR Country | 71,953 Employees | 3 Dec 2025 Last Dividend | 14 Jul 2010 Last Split | - IPO Date |
Banco Bradesco S.A., founded in 1943 and based in Osasco, Brazil, is a premier banking institution offering a vast array of financial products and services. Serving both individual and corporate clients domestically and internationally, the bank effectively operates through two main segments: Banking and Insurance. As one of the leading banks in Brazil, Banco Bradesco has established a robust presence in the financial market, continually evolving to meet the diverse needs of its customers through innovative and client-focused banking solutions.