Financials Banco do Brasil S.A.

Equities

BBAS3

BRBBASACNOR3

Banks

Market Closed - Sao Paulo 04:07:50 2024-04-26 pm EDT 5-day change 1st Jan Change
27.55 BRL +0.58% Intraday chart for Banco do Brasil S.A. -0.58% -0.52%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 147,223 110,706 82,321 99,105 158,071 157,243 - -
Enterprise Value (EV) 1 147,223 110,706 82,321 99,105 158,071 157,243 157,243 157,243
P/E ratio 8.27 x 8.84 x 4.18 x 3.2 x 4.67 x 4.2 x 4.08 x 3.77 x
Yield 4.55% 3.79% 9.15% - - 10.4% 11.1% 11.5%
Capitalization / Revenue 2.77 x 1.95 x 1.39 x 1.35 x 1.69 x 1.26 x 1.39 x 1.41 x
EV / Revenue 2.77 x 1.95 x 1.39 x 1.35 x 1.69 x 1.26 x 1.39 x 1.41 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.39 x 0.95 x 0.61 x - - 0.83 x 0.75 x 0.67 x
Nbr of stocks (in thousands) 5,574,531 5,706,478 5,706,799 5,707,173 5,707,552 5,707,552 - -
Reference price 2 26.41 19.40 14.42 17.36 27.70 27.55 27.55 27.55
Announcement Date 2/13/20 2/11/21 2/14/22 2/13/23 2/8/24 - - -
1BRL in Million2BRL
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 53,086 56,726 59,305 73,397 93,497 125,024 113,464 111,644
EBITDA - - - - - - - -
EBIT 1 32,799 42,366 44,460 71,902 91,198 48,905 69,892 -
Operating Margin 61.78% 74.69% 74.97% 97.96% 97.54% 39.12% 61.6% -
Earnings before Tax (EBT) 1 16,121 14,390 31,352 48,700 52,255 57,488 59,624 62,876
Net income 1 18,162 12,697 19,710 31,011 33,819 37,486 38,344 40,058
Net margin 34.21% 22.38% 33.24% 42.25% 36.17% 29.98% 33.79% 35.88%
EPS 2 3.195 2.195 3.454 5.434 5.925 6.560 6.756 7.301
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 1.200 0.7360 1.320 - - 2.857 3.047 3.173
Announcement Date 2/13/20 2/11/21 2/14/22 2/13/23 2/8/24 - - -
1BRL in Million2BRL
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 15,683 14,801 15,332 17,056 19,558 21,451 21,161 22,887 23,205 25,769 34,076 - - - -
EBITDA - - - - - - - - - - - - - - -
EBIT 1 - 12,556 - 14,796 - - 20,595 22,138 17,420 25,088 10,404 11,445 12,879 14,178 -
Operating Margin - 84.83% - 86.75% - - 97.33% 96.73% 75.07% 97.36% 30.53% - - - -
Earnings before Tax (EBT) 1 8,359 8,766 8,708 11,859 13,138 14,166 12,590 12,259 11,301 13,143 14,514 14,372 14,348 14,741 -
Net income 1 4,609 5,352 6,660 7,625 8,099 8,627 8,207 8,354 8,035 8,862 9,043 9,130 9,411 9,822 -
Net margin 29.39% 36.16% 43.44% 44.71% 41.41% 40.22% 38.78% 36.5% 34.63% 34.39% 26.54% - - - -
EPS 2 0.7950 0.9380 1.150 1.435 1.655 1.544 1.420 1.460 1.410 1.635 1.564 1.615 1.684 1.726 1.780
Dividend per Share 2 0.2895 0.4925 0.4420 0.5105 0.5390 - - - - - 0.7400 0.7200 0.7200 0.7400 -
Announcement Date 11/8/21 2/14/22 5/11/22 8/10/22 11/9/22 2/13/23 5/15/23 8/9/23 11/8/23 2/8/24 - - - - -
1BRL in Million2BRL
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 17.6% 11% 14.8% - - 20.7% 19.5% 18.8%
ROA (Net income/ Total Assets) 1.3% 0.79% 1.08% - - 1.62% 1.47% 1.5%
Assets 1 1,397,077 1,603,359 1,829,102 - - 2,313,920 2,600,766 2,670,529
Book Value Per Share 2 19.00 20.50 23.50 - - 33.00 36.70 40.90
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 2/13/20 2/11/21 2/14/22 2/13/23 2/8/24 - - -
1BRL in Million2BRL
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
11
Last Close Price
27.55 BRL
Average target price
33.86 BRL
Spread / Average Target
+22.90%
Consensus
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