Banco Bradesco S.A. (BBDO) Key Metrics
BBDO key metrics, 2016–2025
Fiscal year ended December 31, 2025 · Brazilian reaisBBDO returns How much profit the business earns on the capital it uses.
BBDO financial health Debt, liquidity and how easily interest is covered.
BBDO efficiency & capital use Working capital cycle and where the cash goes.
BBDO returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
BBDO debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
BBDO cash returned to shareholders
BBDO key metrics in Brazilian reais
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 13.7% | 10.3% | 8.7% | 13.7% | 15.7% | 2.5% | 3.3% | 13.7% | 15.3% | 18.2% |
| Return on invested capital (ROIC) | 3.8% | 5.2% | 3.2% | 12.0% | — | — | 1.9% | 6.2% | 4.8% | 5.2% |
| Return on assets (ROA) | 1.1% | 0.9% | 0.8% | 1.2% | 1.4% | 1.1% | 1.6% | 1.3% | 1.4% | 1.6% |
| Return on tangible assets | 1.0% | 0.8% | 0.7% | 1.2% | 1.4% | 1.0% | 1.5% | 1.3% | 1.4% | 1.5% |
| Free cash flow margin | 82.8% | −37.5% | −3.7% | 16.8% | −67.5% | 105.5% | −15.7% | −8.3% | 17.9% | 26.1% |
| Income quality (OCF / net income) | 11.11 | −5.29 | −0.01 | 2.34 | −4.40 | 8.99 | −0.93 | −0.39 | 2.08 | 3.02 |
| Financial health | ||||||||||
| Total debt | R$793.84B | R$689.53B | R$631.89B | R$571.92B | R$238.94B | R$217.91B | R$371.84B | R$365.07B | R$411.62B | R$417.57B |
| Cash & short-term investments | R$254.98B | R$476.88B | R$522.98B | R$367.61B | R$394.23B | R$497.78B | R$320.76B | R$285.26B | R$192.28B | R$144.01B |
| Net debt | R$538.86B | R$212.65B | R$108.91B | R$204.31B | −R$155.29B | −R$279.86B | R$51.08B | R$79.81B | R$219.34B | R$273.56B |
| Debt / equity | 4.45 | 4.09 | 3.80 | 3.58 | 1.60 | 1.50 | 0.33 | 2.93 | 3.50 | 3.96 |
| Debt / assets | 0.34 | 0.33 | 0.33 | 0.32 | 0.14 | 0.14 | 0.27 | 0.28 | 0.34 | 0.35 |
| Net debt / EBITDA | 19.18 | 9.00 | 6.51 | 6.75 | −4.02 | −28.00 | 2.65 | 3.29 | 7.75 | 7.69 |
| Current ratio | 0.58 | 0.55 | 0.61 | 0.48 | 0.48 | 0.62 | 5.50 | 5.93 | 1.77 | 1.54 |
| Quick ratio | 0.58 | 0.55 | 0.96 | 0.79 | 0.75 | 1.49 | 14.40 | 17.09 | 56.78 | 48.06 |
| Interest coverage | 0.1 | 0.1 | 0.1 | 0.2 | 0.6 | 0.1 | 0.2 | 0.4 | 0.3 | 0.4 |
| Working capital | −R$185.59B | −R$425.04B | −R$353.40B | −R$423.89B | −R$449.26B | −R$314.60B | R$279.76B | R$251.86B | R$10.71B | R$7.99B |
| Invested capital | R$717.28B | R$381.06B | R$275.24B | R$363.85B | −R$5.51B | −R$134.24B | R$1.19T | R$204.49B | R$337.03B | R$379.04B |
| Tangible asset value | R$153.21B | R$145.19B | R$144.91B | R$141.21B | R$135.32B | R$131.45B | R$1.12T | R$108.55B | R$101.51B | R$89.68B |
| Net current asset value | −R$1.90T | −R$1.39T | −R$1.21T | −R$1.24T | −R$1.11T | −R$935.99B | R$99.64B | −R$877.95B | −R$1.08T | −R$1.06T |
| Capital allocation | ||||||||||
| Dividends paid | R$11.83B | R$6.54B | R$1.79B | R$708.1M | R$9.91B | R$1.43B | R$4.4M | R$50.3M | R$845.1M | R$5.56B |
| Share buybacks (net) | R$222.6M | R$568.7M | R$0 | R$224.4M | R$666.7M | R$0 | — | R$0 | R$0 | R$9.5M |
| Dividend payout ratio | 50.0% | 37.9% | 12.5% | 3.3% | 42.8% | 9.0% | 0.0% | 0.3% | 4.9% | 31.1% |
| Dividends + buybacks / free cash flow | 4.7% | — | — | 2.3% | — | 1.0% | — | — | 2.8% | 11.4% |
| Capex / revenue | 1.6% | 0.9% | 3.6% | 3.9% | 2.8% | 3.3% | 3.4% | 3.8% | 3.4% | 2.7% |
| Capex / operating cash flow | 1.9% | — | — | 18.9% | — | 3.0% | — | — | 15.9% | 9.5% |
| Capex / depreciation | 0.71 | 0.34 | 1.40 | 1.66 | 0.76 | 0.72 | 0.91 | 1.13 | 1.23 | 1.40 |
| SG&A / revenue | 14.4% | 17.3% | 16.0% | 16.7% | 24.8% | 28.5% | 25.9% | 26.3% | 24.6% | 17.7% |
| Efficiency | ||||||||||
| Days sales outstanding | 22.9 | 43.0 | 36.8 | 36.7 | 53.5 | 62.6 | 44.9 | 48.5 | 38.8 | 27.0 |
| Days of inventory on hand | — | — | -557.7 | -564.1 | -2,711.7 | -3,463.7 | -2,880.8 | -3,460.3 | -2,877.2 | -1,190.0 |
| Days payables outstanding | — | — | 87.8 | 60.4 | 117.4 | 120.4 | 49.6 | 44.8 | 32.7 | 27.9 |
| Cash conversion cycle (days) | — | — | -608.8 | -587.8 | -2,775.5 | -3,521.5 | -2,885.4 | -3,456.6 | -2,871.2 | -1,190.9 |
| Receivables turnover | 15.95 | 8.49 | 9.93 | 9.95 | 6.82 | 5.83 | 8.13 | 7.53 | 9.41 | 13.52 |
| Payables turnover | — | — | 4.16 | 6.04 | 3.11 | 3.03 | 7.36 | 8.15 | 11.16 | 13.07 |
| Asset turnover | 0.14 | 0.12 | 0.14 | 0.14 | 0.10 | 0.09 | 0.12 | 0.11 | 0.14 | 0.17 |
| Average receivables | R$19.54B | R$29.38B | R$25.65B | R$24.09B | R$23.10B | R$22.46B | R$19.41B | R$19.13B | R$17.72B | R$13.87B |
| Average payables | — | — | R$44.89B | R$26.00B | R$20.73B | R$22.20B | R$9.66B | R$8.63B | R$8.29B | R$8.14B |
| Average inventory | — | — | −R$285.07B | −R$242.88B | −R$479.03B | −R$638.52B | −R$561.55B | −R$666.82B | −R$728.77B | −R$346.85B |
| Intangibles / total assets | 1.1% | 1.1% | 1.1% | 1.0% | 0.9% | 0.9% | 1.1% | 1.2% | 1.3% | 1.3% |
Computed from BBDO's annual financial statements (latest annual report filed December 31, 2025) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in Brazilian reais; data from EODHD. Averages use the opening and closing balance of each year.
BBDO valuation and financial ratios
Banco Bradesco earned a return on equity of 13.7% and a return on invested capital of 3.8% in fiscal 2025. It ended the year with R$793.8 billion of debt and R$255.0 billion in cash and short-term investments, net debt of R$538.9 billion. It returned R$12.1 billion to shareholders: R$11.8 billion in dividends and R$222.6 million in share buybacks, 5% of free cash flow.
See the BBDO income statement, the BBDO chart for price history, or the BBDO stock overview for the latest quote and news.
BBDO key metrics FAQ
What is Banco Bradesco's return on equity?
Banco Bradesco's return on equity (ROE) was 13.7% in fiscal 2025: net income of R$23.7 billion on average shareholders' equity of R$173.4 billion.
What is Banco Bradesco's ROIC?
Banco Bradesco's return on invested capital was 3.8% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Banco Bradesco have?
Banco Bradesco had total debt of R$793.8 billion at the end of fiscal 2025, a debt-to-equity ratio of 4.45 and R$538.9 billion of net debt (19.18 times EBITDA).
Does Banco Bradesco buy back its shares?
Yes. Banco Bradesco spent R$222.6 million on net share repurchases in fiscal 2025.
What is Banco Bradesco's current ratio?
Banco Bradesco's current ratio was 0.58 at the end of fiscal 2025: current assets were 0.58 times current liabilities.