Bank Bradesco SA
BBD
Company Profile
Business description
Banco Bradesco is Brazil's second-largest private bank, with about 15% of deposits, and the largest insurance provider in Brazil, with roughly 20%-25% market share. The bank is majority controlled by the Bradesco foundation—a private nonprofit institution focused on education. Banking provides roughly 70% of profits, while the insurance segment contributes the remaining 30%. The bank is also a major asset manager with high-single-digit market share. In 2016, Bradesco acquired the Brazilian operations of HSBC.
Contact
Cidade de Deus S/N
Silver Building, 4th floor
Vila Yara
OsascoSP06029‑900
BRAT: +55 1121940922
Sector
Financial Services
Stock type
Cyclical
Industry
Banks - Regional
Fiscal Year End
31 December 2024
Employees
86,222
Morningstar Investment Ideas
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