BBD vs. ITUB: Banco Bradesco vs. Itaú Unibanco Stock Comparison

Company Profile

Banco Bradesco (BBD) and Itaú Unibanco (ITUB) 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 Itaú Unibanco (ITUB) 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

Both companies show strong equity returns, but Itaú Unibanco (ITUB) at 20.96% is the standout with ROE above its industry range; Banco Bradesco (BBD) at 14.20% also sits in the top quartile.

Both Banco Bradesco (BBD) at 27.27% and Itaú Unibanco (ITUB) at 32.46% 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 Itaú Unibanco (ITUB) 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 Itaú Unibanco (ITUB) at 4.21% 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 Itaú Unibanco (ITUB) at 9.21% is closer to the peer norm — faster per-share earnings growth for BBD.

Growth Metrics

Financial Strength

current ratio doesn’t apply on either side: Banco Bradesco (BBD) in Banks and Itaú Unibanco (ITUB) 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 Itaú Unibanco (ITUB) 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

Both Banco Bradesco (BBD) at 53.03% and Itaú Unibanco (ITUB) at 40.54% yield above their industries’ entire benchmark ranges — high enough that dividend safety, not income, becomes the first question.

Both Banco Bradesco (BBD) at 53.52% and Itaú Unibanco (ITUB) at 70.75% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

Dividend Metrics

Valuation

Both screen inexpensive on earnings, but Banco Bradesco (BBD) at 5.64 is the deeper discount: its P/E ratio is below the industry range, while Itaú Unibanco (ITUB) at 9.12 sits in the cheaper quartile.

P/S ratio is set aside for both Banco Bradesco (BBD) in Banks and Itaú Unibanco (ITUB) 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 Bradesco (BBD) at 0.69 looks cheap against book in the lower P/B ratio quartile, while Itaú Unibanco (ITUB) at 1.79 carries a premium in the upper quartile — a clear price-to-book gap.

Valuation Metrics