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BBD vs. HDB: Banco Bradesco vs. HDFC Bank Stock Comparison

How do Banco Bradesco (BBD) and HDFC Bank (HDB) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

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

Company profile comparison for Banco Bradesco (BBD) and HDFC Bank (HDB)
Profile ItemBBDHDB
NameBanco Bradesco S.A. ADRHDFC Bank Ltd. ADR
Country/RegionBrazilIndia
GICS SectorFinancialsFinancials
GICS Industry GroupBanksBanks
GICS IndustryBanksBanks
GICS Sub-IndustryDiversified BanksDiversified Banks
Market Capitalization28.39 billion USD129.32 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateAugust 2, 2002July 20, 2001
Security TypeADRADR

Price Performance

Cumulative Growth

BBD
HDB
GSPC
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Banco Bradesco (BBD) vs. HDFC Bank (HDB), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Banco Bradesco (BBD) and HDFC Bank (HDB). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Banco Bradesco (BBD) and HDFC Bank (HDB). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Banco Bradesco (BBD) and HDFC Bank (HDB)
MetricBBDHDB
Total Return (1Y)-20.95%-27.88%
Total Return (3Y, Annualized)2.33%-1.98%
Total Return (5Y, Annualized)0.81%-5.21%

Risk Profile

Drawdown History

BBD
HDB
GSPC
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Banco Bradesco (BBD) vs. HDFC Bank (HDB), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Banco Bradesco (BBD) and HDFC Bank (HDB). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Banco Bradesco (BBD) and HDFC Bank (HDB)
MetricBBDHDB
Volatility (1Y, Annualized)49.48%30.79%
Beta (5Y)0.640.57
Max Drawdown (5Y)-52.00%-45.21%
Avg. Volume (3M)43.85M9.67M

Risk-Adjusted Performance

Risk-Return Positioning

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BBD and HDB are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Banco Bradesco (BBD) and HDFC Bank (HDB)
MetricBBDHDB
Sharpe Ratio (1Y)-0.51-1.04
Sortino Ratio (1Y)-0.67-1.40

Profitability

ROE (TTM)

Banco Bradesco (BBD) at 14.20% sits in the top ROE quartile, while HDFC Bank (HDB) at 11.01% is closer to the peer norm — stronger capital efficiency for BBD.

BBD

Banks industry group

14.20%

Max
19.84%
BBD
14.20%
Q3
13.67%
Median
11.49%
Q1
9.50%
Min
3.64%

HDB

Banks industry group

11.01%

Max
19.84%
Q3
13.67%
Median
11.49%
HDB
11.01%
Q1
9.50%
Min
3.64%
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Banco Bradesco (BBD) vs. HDFC Bank (HDB): A comparison of their ROE against the Banks industry group benchmark.

Net Margin (TTM)

Banco Bradesco (BBD) at 27.27% keeps about the industry-typical share of revenue as profit, while HDFC Bank (HDB) at 26.53% retains only a bottom-quartile share.

BBD

Banks industry group

27.27%

Max
47.19%
Q3
35.25%
Median
31.21%
BBD
27.27%
Q1
27.11%
Min
14.93%

HDB

Banks industry group

26.53%

Max
47.19%
Q3
35.25%
Median
31.21%
Q1
27.11%
HDB
26.53%
Min
14.93%
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Banco Bradesco (BBD) vs. HDFC Bank (HDB): A comparison of their net margin against the Banks industry group benchmark.

Operating Margin (TTM)

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

Profitability Metrics

Profitability metrics for Banco Bradesco (BBD) and HDFC Bank (HDB)
MetricBBDHDB
ROE (TTM)14.20%11.01%
ROA (TTM)1.12%1.66%
Net Margin (TTM)27.27%26.53%
Operating Margin (TTM)----
Gross Margin (TTM)----

Growth

Revenue Growth

Banco Bradesco (BBD) at 11.85% is around its peer norm for revenue growth, while HDFC Bank (HDB) at 5.23% drops into the bottom quartile, signaling weaker demand or pricing momentum.

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Banco Bradesco (BBD) vs. HDFC Bank (HDB): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Banco Bradesco (BBD) reports EPS growth of 37.42%, ranked against its industry; HDFC Bank (HDB) has no EPS growth figure this period.

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Banco Bradesco (BBD) vs. HDFC Bank (HDB): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Banco Bradesco (BBD) and HDFC Bank (HDB)
MetricBBDHDB
Revenue Growth (YoY)11.85%5.23%
Revenue Growth (3Y CAGR)2.67%27.45%
EPS Growth (YoY)37.42%--
EPS Growth (3Y CAGR)4.44%--

Financial Strength

Current Ratio (MRQ)

current ratio doesn’t apply on either side: Banco Bradesco (BBD) in Banks and HDFC Bank (HDB) 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 / Equity (MRQ)

debt-to-equity ratio is set aside for both: Banco Bradesco (BBD) in Banks and HDFC Bank (HDB) 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

Financial strength metrics for Banco Bradesco (BBD) and HDFC Bank (HDB)
MetricBBDHDB
Current Ratio (MRQ)----
Debt / Equity (MRQ)----
Net Debt / EBITDA----

Dividends

Dividend Yield (TTM)

Both Banco Bradesco (BBD) at 53.03% and HDFC Bank (HDB) at 52.63% yield above their industries’ entire benchmark ranges — high enough that dividend safety, not income, becomes the first question.

BBD

Banks industry group

53.03%

BBD
53.03%
Max
5.79%
Q3
3.18%
Median
2.39%
Q1
1.20%
Min
0.00%

HDB

Banks industry group

52.63%

HDB
52.63%
Max
5.79%
Q3
3.18%
Median
2.39%
Q1
1.20%
Min
0.00%
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Banco Bradesco (BBD) vs. HDFC Bank (HDB): A comparison of their dividend yield against the Banks industry group benchmark.

Dividend Payout Ratio (TTM)

HDFC Bank (HDB) at 23.43% pays out a band-typical share of earnings, while Banco Bradesco (BBD) at 53.52% distributes more than its industry norm — less retained, thinner cover.

BBD

Banks industry group

53.52%

Max
70.75%
BBD
53.52%
Q3
41.28%
Median
29.26%
Q1
18.98%
Min
0.00%

HDB

Banks industry group

23.43%

Max
70.75%
Q3
41.28%
Median
29.26%
HDB
23.43%
Q1
18.98%
Min
0.00%
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Banco Bradesco (BBD) vs. HDFC Bank (HDB): A comparison of their payout ratio against the Banks industry group benchmark.

Dividend Metrics

Dividend metrics for Banco Bradesco (BBD) and HDFC Bank (HDB)
MetricBBDHDB
Dividend Yield (TTM)53.03%52.63%
Dividend Payout Ratio (TTM)53.52%23.43%

Valuation

P/E Ratio (TTM)

Banco Bradesco (BBD) at 5.64 trades below its industry P/E ratio range, while HDFC Bank (HDB) at 16.22 sits in the richer quartile — the market is paying very different prices for each company’s trailing earnings.

BBD

Banks industry group

5.64

Max
18.16
Q3
13.75
Median
11.81
Q1
10.64
Min
6.49
BBD
5.64

HDB

Banks industry group

16.22

Max
18.16
HDB
16.22
Q3
13.75
Median
11.81
Q1
10.64
Min
6.49
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Banco Bradesco (BBD) vs. HDFC Bank (HDB): A comparison of their P/E ratio against the Banks industry group benchmark.

P/S Ratio (TTM)

P/S ratio is set aside for both Banco Bradesco (BBD) in Banks and HDFC Bank (HDB) 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.

P/B Ratio (MRQ)

Banco Bradesco (BBD) at 0.69 sits in the lower P/B ratio quartile relative to book while HDFC Bank (HDB) at 10.01 prices above its industry range — a wide valuation gap against assets.

BBD

Banks industry group

0.69

Max
2.28
Q3
1.58
Median
1.32
Q1
1.10
BBD
0.69
Min
0.59

HDB

Banks industry group

10.01

HDB
10.01
Max
2.28
Q3
1.58
Median
1.32
Q1
1.10
Min
0.59
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Banco Bradesco (BBD) vs. HDFC Bank (HDB): A comparison of their P/B ratio against the Banks industry group benchmark.

Valuation Metrics

Valuation metrics for Banco Bradesco (BBD) and HDFC Bank (HDB)
MetricBBDHDB
P/E Ratio (TTM)5.6416.22
P/S Ratio (TTM)----
P/B Ratio (MRQ)0.6910.01
Free Cash Flow Yield (TTM)----