BBD vs. BSBR: Banco Bradesco vs. Banco Santander (Brasil) Stock Comparison

Company Profile

Banco Bradesco (BBD) and Banco Santander (Brasil) (BSBR) are both classified in the Diversified Banks sub-industry within the broader Banks industry, placing them in the closest GICS peer bucket.

Both Banco Bradesco (BBD) and Banco Santander (Brasil) (BSBR) trade as ADRs — their core financials are comparable, but keep FX, depositary-program fees, and dividend withholding in view for each.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Banco Bradesco (BBD) at 14.20% sits in the top ROE quartile, while Banco Santander (Brasil) (BSBR) at 10.20% is closer to the peer norm — stronger capital efficiency for BBD.

Both Banco Bradesco (BBD) at 27.27% and Banco Santander (Brasil) (BSBR) at 27.53% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

Neither side reports a meaningful operating margin: for Banco Bradesco (BBD) in Banks and Banco Santander (Brasil) (BSBR) in Banks, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.

Profitability Metrics

Growth

Banco Bradesco (BBD) at 11.85% is around its peer norm for revenue growth, while Banco Santander (Brasil) (BSBR) at -3.79% drops into the bottom quartile, signaling weaker demand or pricing momentum.

Banco Bradesco (BBD) at 37.42% sits in the top EPS growth quartile, while Banco Santander (Brasil) (BSBR) at -4.61% is in the bottom quartile, showing a clear gap in earnings momentum.

Growth Metrics

Financial Strength

current ratio doesn’t apply on either side: Banco Bradesco (BBD) in Banks and Banco Santander (Brasil) (BSBR) in Banks both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.

debt-to-equity ratio is set aside for both: Banco Bradesco (BBD) in Banks and Banco Santander (Brasil) (BSBR) in Banks run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.

Financial Strength Metrics

Dividends

Banco Santander (Brasil) (BSBR) at 5.60% earns its spot in the top quartile of its industry’s yields; Banco Bradesco (BBD) at 53.03% is past the top of its own peer range — territory where a dividend-safety check matters more than the headline number.

Banco Santander (Brasil) (BSBR) reports payout ratio above 100% at 143.10%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Banco Bradesco (BBD) reports 53.52%, ranking against industry peers normally.

Dividend Metrics

Valuation

Banco Bradesco (BBD) at 5.64 trades below its industry P/E ratio range, while Banco Santander (Brasil) (BSBR) at 14.97 sits in the richer quartile — the market is paying very different prices for each company’s trailing earnings.

P/S ratio is set aside for both Banco Bradesco (BBD) in Banks and Banco Santander (Brasil) (BSBR) in Banks: without a conventional revenue line, pricing per dollar of sales isn’t meaningful, and book- or earnings-based multiples make the better comparison.

Banco Santander (Brasil) (BSBR) at 0.34 is priced below its industry’s P/B ratio range against book, and Banco Bradesco (BBD) at 0.69 also sits in the lower quartile — both look cheap on assets, BSBR more so.

Valuation Metrics