Banco Bradesco S.A. (BBD) reported a recurring net income of R$6.1 billion in fiscal Q2 2025, with a 3.5% QoQ and 28.6% YoY growth, leading to an ROAE of 14.6% in the quarter. Revenue hit R$34.0 billion, up 15.1% YoY, driven by growth in all lines, including net interest income and fee income.

Revenue performance is expected to drive Banco Bradesco S.A.’s profitability increase in 2025. Bank of America Securities analyst Mario Pierry maintained a Buy rating on the stock, raising the price target from $3.19 to $4.12. The stock has a Moderate Buy consensus and a median price target of $3.17, implying a 29.34% upside.

Formerly Banco Brasileiro de Descontos SA, Banco Bradesco (BBD) is a Brazilian public company operating in the Banking Services Industry Group. It offers a wide range of banking and financial services to national and international institutions, companies, and individuals. BBD is a prominent commercial bank in Brazil in terms of credit operations and total assets.

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Read more at Yahoo Finance: What Does Wall Street Think About Banco Bradesco S.A. (BBD)?