BBDC4: NOVO PREÇO JUSTO DO BRADESCO APÓS ANÚNCIO DE DIVIDENDOS

Summary

In this video, Bruno Mazone discusses the current situation of Bradesco, focusing on its performance in 2025. He highlights challenges like the declining financial margins, with Bradesco's net margin dropping from 16% in 2019 to around 8-9%. The video covers dividend projections, with specific details about the upcoming payouts and expected prices for 2025. Mazone also provides insights into the company’s potential recovery, considering factors like credit market conditions and investor sentiment. The discussion also touches on stock valuation, and options strategies for those interested in Bradesco's market movements.

Takeaways

• 😀 Bradesco is focusing on maintaining its credit portfolio growth in 2025, with the main challenge being the loss of financial margin.
• 😀 Bradesco's margin has decreased significantly, from 16% in 2019 to around 8-9% in recent years, which is a major concern for investors.
• 😀 In 2025, Bradesco is expected to continue its cautious approach, with the possibility of stabilizing default rates, especially in the consumer sector.
• 😀 Bradesco is also working on improving its financial margin, which has been slow to recover since 2020, with the goal of regaining stronger profitability in the future.
• 😀 A key risk for Bradesco in 2025 includes potential challenges from large companies like Casas Bahia, which could impact the bank’s stability.
• 😀 The projected dividend payout for Bradesco in 2025 is expected to be between R$ 0.75 and R$ 0.85, with a price ceiling of R$ 15.79 and a fair price around R$ 14.50 to R$ 15.50.
• 😀 Bradesco's recent financial performance has been better than some of its competitors, with significant returns over the long term despite recent declines.
• 😀 Analysts project a possible decline in earnings per share (EPS) for 2025, indicating a year of modest growth or performance similar to 2024.
• 😀 The market is not expecting major surprises in terms of default rates, thanks to recent government interventions and stable credit conditions for both individuals and businesses.
• 😀 Despite the slower recovery, Bradesco remains a solid performer compared to the broader market, outperforming fixed-income benchmarks like CDI and IMAB over the long term.

Q & A

What is the main topic of the video?

The video focuses on Bradesco's financial performance, specifically its projections for 2025, dividend announcements, and a technical analysis of the bank's stock. It also touches on market conditions and investment strategies.

What is the projected dividend for Bradesco in 2024?

The projected dividend for Bradesco in 2024 is approximately R$ 0.75 to R$ 0.85 per share, with a more optimistic scenario reaching up to R$ 1 per share.

How does Bradesco's current margin compare to its performance in 2019?

Bradesco's current margin has significantly decreased from around 20% in 2019 to approximately 8-9% in 2024, reflecting a continued loss in financial margin.

What is the key challenge for Bradesco in 2025?

The main challenge for Bradesco in 2025 is maintaining growth in its loan portfolio while managing the loss of financial margin, especially in light of potential economic risks and increasing competition from digital banks.

What is the expected price range for Bradesco's stock in 2025?

The expected price range for Bradesco's stock in 2025 is between R$ 14.50 and R$ 15.50, with a more optimistic outlook potentially reaching R$ 16 per share.

How is Bradesco's credit situation evolving?

Bradesco's credit situation is stabilizing, with the company seeing a decline in loan defaults in the corporate sector, while the consumer sector is stabilizing, which is expected to maintain its financial stability.

What role does the Grana Capital app play in the video?

The Grana Capital app is featured as a tool for optimizing tax returns and portfolio management. The app uses artificial intelligence to help users with income tax declarations and to enhance their investment portfolios.

What is the suggested strategy for Bradesco investors in 2025?

The suggested strategy for investors in Bradesco involves focusing on the bank's margin recovery and maintaining a moderate to optimistic stance on its stock price. Investors are advised to monitor key price levels and adjust their investments accordingly.

What are the important dates for Bradesco's dividend payment in 2024?

The important dates for Bradesco's dividend payment in 2024 are the ex-dividend date on March 31st, with payment scheduled for October 31st.

What is the impact of Bradesco's technical analysis on its investment outlook?

The technical analysis suggests that while Bradesco's stock may experience short-term fluctuations, the overall outlook remains stable. The bank’s price targets and technical indicators like VWAP (Volume Weighted Average Price) suggest that the stock may still present opportunities for investors, especially if the price remains below R$ 15.50.