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Banco Bradesco S/A ADR
Buy, Hold or Sell?

Let's analyse Banco together

PenkeI guess you are interested in Banco Bradesco S/A ADR. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Banco Bradesco S/A ADR. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Banco (30 sec.)










What can you expect buying and holding a share of Banco? (30 sec.)

How much money do you get?

How much money do you get?
$0.82
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
$15.69
Expected worth in 1 year
$4.89
How sure are you?
71.8%

+ What do you gain per year?

Total Gains per Share
$-9.98
Return On Investment
-385.4%

For what price can you sell your share?

Current Price per Share
$2.59
Expected price per share
$2.46 - $3.1675
How sure are you?
50%

1. Valuation of Banco (5 min.)




Live pricePrice per Share (EOD)

$2.59

Intrinsic Value Per Share

$-525.62 - $59.97

Total Value Per Share

$-509.93 - $75.67

2. Growth of Banco (5 min.)




Is Banco growing?

Current yearPrevious yearGrowGrow %
How rich?$167b$130.2b$73.2b36.0%

How much money is Banco making?

Current yearPrevious yearGrowGrow %
Making money$716.1m$991m-$274.9m-38.4%
Net Profit Margin13.3%18.3%--

How much money comes from the company's main activities?

3. Financial Health of Banco (5 min.)




4. Comparing to competitors in the Banks - Regional industry (5 min.)




  Industry Rankings (Banks - Regional)  

What can you expect buying and holding a share of Banco? (5 min.)

Welcome investor! Banco's management wants to use your money to grow the business. In return you get a share of Banco.

What can you expect buying and holding a share of Banco?

First you should know what it really means to hold a share of Banco. And how you can make/lose money.

Speculation

The Price per Share of Banco is $2.59. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Banco.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Banco, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $15.69. Based on the TTM, the Book Value Change Per Share is $-2.70 per quarter. Based on the YOY, the Book Value Change Per Share is $3.11 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.21 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Banco.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps0.031.0%0.062.3%0.093.7%0.082.9%0.072.9%
Usd Book Value Change Per Share-11.72-452.5%-2.70-104.3%3.11119.9%0.7830.0%0.3714.2%
Usd Dividend Per Share0.051.8%0.217.9%0.083.2%0.145.5%0.093.6%
Usd Total Gains Per Share-11.67-450.7%-2.50-96.4%3.19123.1%0.9235.5%0.4617.8%
Usd Price Per Share3.18-2.81-3.04-4.38-6.79-
Price to Earnings Ratio29.33-14.66-16.40-30.80-1,204.34-
Price-to-Total Gains Ratio-0.27-2.04-3.52-2.35-39.16-
Price to Book Ratio0.20-0.30-0.66-3.41-88.46-
Price-to-Total Gains Ratio-0.27-2.04-3.52-2.35-39.16-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share2.59
Number of shares386
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.210.14
Usd Book Value Change Per Share-2.700.78
Usd Total Gains Per Share-2.500.92
Gains per Quarter (386 shares)-963.31355.35
Gains per Year (386 shares)-3,853.251,421.39
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1318-4171-386322211991411
2635-8342-771644423992832
3953-12513-1156966635984253
41271-16684-1542288847985674
51588-20855-19275111059977095
61906-25026-23128133271978516
72224-29197-26981155483969937
82542-33368-308341775959611358
92859-37539-3468719971079512779
103177-41710-3854022191199514200

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%38.01.00.097.4%88.02.00.097.8%
Book Value Change Per Share2.02.00.050.0%7.05.00.058.3%11.09.00.055.0%22.014.03.056.4%59.027.04.065.6%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%39.00.00.0100.0%70.00.020.077.8%
Total Gains per Share2.02.00.050.0%8.04.00.066.7%13.07.00.065.0%28.011.00.071.8%66.024.00.073.3%

Fundamentals of Banco

About Banco Bradesco S/A ADR

Banco Bradesco S.A., together with its subsidiaries, provides various banking products and services to individuals, corporates, and businesses in Brazil and internationally. The company operates through two segments, Banking and Insurance. It provides current, savings, click, and salary accounts; real estate credit, vehicle financing, payroll loans, mortgage loans, microcredit, leasing, and personal and installment credit; overdraft and agribusiness loans; debit and business cards; financial and security services; consortium products; car, personal accident, dental, travel, and life insurance; investment products; pension products; foreign currency exchange services; capitalization bonds; and internet banking services. Banco Bradesco S.A. was founded in 1943 and is headquartered in Osasco, Brazil.

Fundamental data was last updated by Penke on 2024-03-22 16:30:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Banco Bradesco S/A ADR.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Banco earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Banco to the Banks - Regional industry mean.
  • A Net Profit Margin of 1.9% means that $0.02 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Banco Bradesco S/A ADR:

  • The MRQ is 1.9%. The company is making a profit. +1
  • The TTM is 13.3%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ1.9%TTM13.3%-11.3%
TTM13.3%YOY18.3%-5.0%
TTM13.3%5Y16.4%-3.1%
5Y16.4%10Y4.6%+11.8%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9%18.4%-16.5%
TTM13.3%28.0%-14.7%
YOY18.3%25.2%-6.9%
5Y16.4%22.8%-6.4%
10Y4.6%19.8%-15.2%
1.1.2. Return on Assets

Shows how efficient Banco is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Banco to the Banks - Regional industry mean.
  • 0.0% Return on Assets means that Banco generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Banco Bradesco S/A ADR:

  • The MRQ is 0.0%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.2%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.0%TTM0.2%-0.2%
TTM0.2%YOY0.2%0.0%
TTM0.2%5Y0.2%-0.1%
5Y0.2%10Y0.3%-0.1%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0%0.1%-0.1%
TTM0.2%0.2%0.0%
YOY0.2%0.2%+0.0%
5Y0.2%0.2%+0.0%
10Y0.3%0.2%+0.1%
1.1.3. Return on Equity

Shows how efficient Banco is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Banco to the Banks - Regional industry mean.
  • 0.2% Return on Equity means Banco generated $0.00 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Banco Bradesco S/A ADR:

  • The MRQ is 0.2%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.0%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.2%TTM2.0%-1.8%
TTM2.0%YOY2.4%-0.4%
TTM2.0%5Y2.6%-0.6%
5Y2.6%10Y3.4%-0.8%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2%1.4%-1.2%
TTM2.0%2.5%-0.5%
YOY2.4%2.7%-0.3%
5Y2.6%2.5%+0.1%
10Y3.4%2.8%+0.6%

1.2. Operating Efficiency of Banco Bradesco S/A ADR.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Banco is operating .

  • Measures how much profit Banco makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Banco to the Banks - Regional industry mean.
  • An Operating Margin of 0.6% means the company generated $0.01  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Banco Bradesco S/A ADR:

  • The MRQ is 0.6%. The company is operating inefficient. -1
  • The TTM is 49.4%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ0.6%TTM49.4%-48.8%
TTM49.4%YOY135.3%-85.9%
TTM49.4%5Y77.5%-28.1%
5Y77.5%10Y35.7%+41.7%
1.2.2. Operating Ratio

Measures how efficient Banco is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Banks - Regional industry mean).
  • An Operation Ratio of 0.27 means that the operating costs are $0.27 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Banco Bradesco S/A ADR:

  • The MRQ is 0.273. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.422. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.273TTM0.422-0.149
TTM0.422YOY0.404+0.019
TTM0.4225Y0.409+0.014
5Y0.40910Y0.749-0.340

1.3. Liquidity of Banco Bradesco S/A ADR.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Banco is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Banks - Regional industry mean).
  • A Current Ratio of 0.53 means the company has $0.53 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Banco Bradesco S/A ADR:

  • The MRQ is 0.531. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.578. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.531TTM0.578-0.046
TTM0.578YOY42.235-41.657
TTM0.5785Y17.413-16.835
5Y17.41310Y25.271-7.858
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
TTM0.5780.124+0.454
YOY42.2350.225+42.010
5Y17.4130.219+17.194
10Y25.2710.131+25.140
1.3.2. Quick Ratio

Measures if Banco is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Banco to the Banks - Regional industry mean.
  • A Quick Ratio of -0.27 means the company can pay off $-0.27 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Banco Bradesco S/A ADR:

  • The MRQ is -0.268. The company is unable to pay all its short-term debts with the most liquid assets. -2
  • The TTM is 0.593. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ-0.268TTM0.593-0.861
TTM0.593YOY65.960-65.367
TTM0.5935Y27.008-26.415
5Y27.00810Y31.716-4.708

1.4. Solvency of Banco Bradesco S/A ADR.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Banco assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Banco to Banks - Regional industry mean.
  • A Debt to Asset Ratio of 0.91 means that Banco assets are financed with 91.3% credit (debt) and the remaining percentage (100% - 91.3%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Banco Bradesco S/A ADR:

  • The MRQ is 0.913. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.549. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.913TTM0.549+0.364
TTM0.549YOY0.731-0.182
TTM0.5495Y0.787-0.238
5Y0.78710Y0.848-0.061
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9130.915-0.002
TTM0.5490.917-0.368
YOY0.7310.919-0.188
5Y0.7870.919-0.132
10Y0.8480.927-0.079
1.4.2. Debt to Equity Ratio

Measures if Banco is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Banco to the Banks - Regional industry mean.
  • A Debt to Equity ratio of 1,058.4% means that company has $10.58 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Banco Bradesco S/A ADR:

  • The MRQ is 10.584. The company is unable to pay all its debts with equity. -1
  • The TTM is 6.287. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ10.584TTM6.287+4.298
TTM6.287YOY8.239-1.953
TTM6.2875Y8.573-2.286
5Y8.57310Y9.495-0.922
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ10.58410.829-0.245
TTM6.28711.013-4.726
YOY8.23911.363-3.124
5Y8.57311.437-2.864
10Y9.49513.038-3.543

2. Market Valuation of Banco Bradesco S/A ADR

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Banco generates.

  • Above 15 is considered overpriced but always compare Banco to the Banks - Regional industry mean.
  • A PE ratio of 29.33 means the investor is paying $29.33 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Banco Bradesco S/A ADR:

  • The EOD is 23.888. Based on the earnings, the company is fair priced.
  • The MRQ is 29.331. Based on the earnings, the company is overpriced. -1
  • The TTM is 14.658. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD23.888MRQ29.331-5.443
MRQ29.331TTM14.658+14.673
TTM14.658YOY16.397-1.739
TTM14.6585Y30.798-16.141
5Y30.79810Y1,204.335-1,173.537
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD23.8887.398+16.490
MRQ29.3316.680+22.651
TTM14.6585.295+9.363
YOY16.3976.943+9.454
5Y30.7989.770+21.028
10Y1,204.3359.943+1,194.392
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Banco Bradesco S/A ADR:

  • The EOD is 0.243. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 0.298. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 0.083. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.243MRQ0.298-0.055
MRQ0.298TTM0.083+0.215
TTM0.083YOY-3.791+3.874
TTM0.0835Y-1.536+1.618
5Y-1.53610Y-1.402-0.134
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD0.243-2.069+2.312
MRQ0.298-1.868+2.166
TTM0.083-0.342+0.425
YOY-3.7916.448-10.239
5Y-1.5360.429-1.965
10Y-1.4020.091-1.493
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Banco is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Banks - Regional industry mean).
  • A PB ratio of 0.20 means the investor is paying $0.20 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Banco Bradesco S/A ADR:

  • The EOD is 0.165. Based on the equity, the company is cheap. +2
  • The MRQ is 0.203. Based on the equity, the company is cheap. +2
  • The TTM is 0.300. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.165MRQ0.203-0.038
MRQ0.203TTM0.300-0.097
TTM0.300YOY0.656-0.356
TTM0.3005Y3.409-3.109
5Y3.40910Y88.461-85.052
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD0.1650.427-0.262
MRQ0.2030.386-0.183
TTM0.3000.470-0.170
YOY0.6560.642+0.014
5Y3.4090.795+2.614
10Y88.4611.025+87.436
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Banco Bradesco S/A ADR.

3.1. Institutions holding Banco Bradesco S/A ADR

Institutions are holding 0.069% of the shares of Banco Bradesco S/A ADR.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-09-30JPMorgan Chase & Co0.00150.000115453200
2023-12-31Ethic Inc.0.00130.0131139268-22283-13.7932
2023-09-30Mirae Asset Global Investments (Korea) Co Ltd0.00130.00081360051360050
2023-09-30Northern Trust Corp0.00110.0001112496-10440-8.4922
2023-09-30Morgan Stanley - Brokerage Accounts0.001011132813731.2487
2023-09-30KCS Wealth Advisory0.00040.044338799-10096-20.6483
2023-09-30Royal Bank of Canada0.000403752700
2023-09-30UBS Group AG0.0003027647272486829.0727
2023-09-30Goldman Sachs Group Inc0.0002024013240130
2023-09-30JANE STREET GROUP, LLC0.0002023983-76551-76.1444
2023-12-31Schechter Investment Advisors, LLC0.00020.006523740920.389
2023-12-31BSW Wealth Partners0.00020.013921986-800-3.5109
2023-12-31Renaissance Technologies Corp0.00020.000117184171840
2023-12-31Envestnet Asset Management Inc0.00020.000816795489841.17
2023-09-30Crossmark Global Holdings, Inc.0.00020.00116368163680
2023-09-30Citadel Advisors Llc0.0001013623309829.4347
2023-12-31Franklin Resources Inc00509870.1375
2023-09-30FMR Inc0037811835.0862
2023-09-30Rhumbline Advisers00229500
2023-09-30BlackRock Inc00204428416.1364
Total 0.00880.0807928512+110583+11.9%

3.2. Funds holding Banco Bradesco S/A ADR

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-11-30onemarkets J.P. Morgan Em Cntrs E EURAcc0.00290.178830906400
2023-12-20Daiwa Brazil Equity Mother Fund0.00234.183245435-7000-2.773
2023-10-31ProFunds UltraLatin America Inv0.00041.134545765457650
2023-12-31Quantified Global Fund Investor0.00021.242726161261610
2023-09-30NT Tax Advantaged BONY EM0.00010.3211371700
2023-10-31ProFunds UltraEmerging Markets Inv0.00010.2404586458640
2023-12-31QRG QP: Sustainable EM ADR ESG01.033324356821.2336
2024-02-29Morningstar Global Markets ADR00.06044600
2024-02-29ActivePassive International Equity ETF001200
Total 0.0068.3938649307+71358+11.0%

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Banco Bradesco S/A ADR compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---11.721-2.701-77%3.106-477%0.777-1609%0.368-3288%
Book Value Per Share--15.69418.349-14%11.643+35%8.130+93%5.215+201%
Current Ratio--0.5310.578-8%42.235-99%17.413-97%25.271-98%
Debt To Asset Ratio--0.9130.549+66%0.731+25%0.787+16%0.848+8%
Debt To Equity Ratio--10.5846.287+68%8.239+28%8.573+23%9.495+11%
Dividend Per Share--0.0470.206-77%0.082-43%0.144-67%0.093-49%
Eps--0.0270.059-54%0.095-71%0.075-64%0.075-64%
Free Cash Flow Per Share--2.6682.356+13%-1.611+160%0.945+182%0.554+381%
Free Cash Flow To Equity Per Share--6.3132.547+148%-0.846+113%1.504+320%0.579+991%
Gross Profit Margin--1.0000.800+25%0.346+189%0.728+37%0.795+26%
Intrinsic Value_10Y_max--59.974--------
Intrinsic Value_10Y_min---525.621--------
Intrinsic Value_1Y_max--2.770--------
Intrinsic Value_1Y_min---7.398--------
Intrinsic Value_3Y_max--10.792--------
Intrinsic Value_3Y_min---61.573--------
Intrinsic Value_5Y_max--21.791--------
Intrinsic Value_5Y_min---158.450--------
Market Cap27504763668.480-23%33843165542.06330738016548.906+10%33505057032.168+1%103107141423.428-67%101081006839.189-67%
Net Profit Margin--0.0190.133-85%0.183-89%0.164-88%0.046-58%
Operating Margin--0.0060.494-99%1.353-100%0.775-99%0.357-98%
Operating Ratio--0.2730.422-35%0.404-32%0.409-33%0.749-63%
Pb Ratio0.165-23%0.2030.300-32%0.656-69%3.409-94%88.461-100%
Pe Ratio23.888-23%29.33114.658+100%16.397+79%30.798-5%1204.335-98%
Price Per Share2.590-23%3.1802.808+13%3.036+5%4.380-27%6.785-53%
Price To Free Cash Flow Ratio0.243-23%0.2980.083+260%-3.791+1372%-1.536+615%-1.402+571%
Price To Total Gains Ratio-0.222+19%-0.2722.045-113%3.519-108%2.346-112%39.158-101%
Quick Ratio---0.2680.593-145%65.960-100%27.008-101%31.716-101%
Return On Assets--0.0000.002-92%0.002-93%0.002-94%0.003-95%
Return On Equity--0.0020.020-91%0.024-93%0.026-93%0.034-95%
Total Gains Per Share---11.673-2.496-79%3.188-466%0.921-1368%0.461-2633%
Usd Book Value--167014124000.000203533099927.250-18%130259284307.250+28%92877249765.650+80%58735435586.571+184%
Usd Book Value Change Per Share---11.721-2.701-77%3.106-477%0.777-1609%0.368-3288%
Usd Book Value Per Share--15.69418.349-14%11.643+35%8.130+93%5.215+201%
Usd Dividend Per Share--0.0470.206-77%0.082-43%0.144-67%0.093-49%
Usd Eps--0.0270.059-54%0.095-71%0.075-64%0.075-64%
Usd Free Cash Flow--28396301000.00026033246750.000+9%-17117735750.000+160%8656817550.000+228%5046582589.744+463%
Usd Free Cash Flow Per Share--2.6682.356+13%-1.611+160%0.945+182%0.554+381%
Usd Free Cash Flow To Equity Per Share--6.3132.547+148%-0.846+113%1.504+320%0.579+991%
Usd Market Cap27504763668.480-23%33843165542.06330738016548.906+10%33505057032.168+1%103107141423.428-67%101081006839.189-67%
Usd Price Per Share2.590-23%3.1802.808+13%3.036+5%4.380-27%6.785-53%
Usd Profit--288462939.000716129282.250-60%991061604.750-71%874867481.550-67%829252114.805-65%
Usd Revenue--14951544594.0007501694764.500+99%5444095502.250+175%2704472868.900+453%2522352020.225+493%
Usd Total Gains Per Share---11.673-2.496-79%3.188-466%0.921-1368%0.461-2633%
 EOD+5 -3MRQTTM+12 -24YOY+15 -215Y+14 -2210Y+14 -22

4.2. Fundamental Score

Let's check the fundamental score of Banco Bradesco S/A ADR based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1523.888
Price to Book Ratio (EOD)Between0-10.165
Net Profit Margin (MRQ)Greater than00.019
Operating Margin (MRQ)Greater than00.006
Quick Ratio (MRQ)Greater than1-0.268
Current Ratio (MRQ)Greater than10.531
Debt to Asset Ratio (MRQ)Less than10.913
Debt to Equity Ratio (MRQ)Less than110.584
Return on Equity (MRQ)Greater than0.150.002
Return on Assets (MRQ)Greater than0.050.000
Total4/10 (40.0%)

4.3. Technical Score

Let's check the technical score of Banco Bradesco S/A ADR based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.143
Ma 20Greater thanMa 502.536
Ma 50Greater thanMa 1002.624
Ma 100Greater thanMa 2002.724
OpenGreater thanClose2.570
Total2/5 (40.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Cash And Cash Equivalents  29,118,313-378,55828,739,7553,119,17131,858,92725,12331,884,049-179,520,308-147,636,259
Long-term Assets Other  -17,318,131219,455-17,098,677-275,931-17,374,608-752,297-18,126,9051,517,346,4381,499,219,533
Cash and Short Term Investments  71,537,051535,94872,072,999-11,174,97360,898,0261,157,81462,055,839-209,692,098-147,636,259



Latest Balance Sheet

Balance Sheet of 2023-12-31. All numbers in thousands.

Summary
Total Assets1,927,523,249
Total Liabilities1,760,509,125
Total Stockholder Equity166,330,965
 As reported
Total Liabilities 1,760,509,125
Total Stockholder Equity+ 166,330,965
Total Assets = 1,927,523,249

Assets

Total Assets1,927,523,249
Total Current Assets293,039,945
Long-term Assets1,634,483,304
Total Current Assets
Cash And Cash Equivalents -147,636,259
Other Current Assets 293,039,945
Total Current Assets  (as reported)293,039,945
Total Current Assets  (calculated)145,403,686
+/- 147,636,259
Long-term Assets
Property Plant Equipment 11,118,009
Goodwill 6,596,649
Long-term Assets Other 1,499,219,533
Long-term Assets  (as reported)1,634,483,304
Long-term Assets  (calculated)1,516,934,191
+/- 117,549,113

Liabilities & Shareholders' Equity

Total Current Liabilities551,564,931
Long-term Liabilities1,208,944,194
Total Stockholder Equity166,330,965
Total Current Liabilities
Short-term Debt 324,289,031
Accounts payable 45,091,403
Other Current Liabilities 182,184,497
Total Current Liabilities  (as reported)551,564,931
Total Current Liabilities  (calculated)551,564,931
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)1,208,944,194
Long-term Liabilities  (calculated)0
+/- 1,208,944,194
Total Stockholder Equity
Common Stock87,100,000
Accumulated Other Comprehensive Income 79,160,469
Other Stockholders Equity 70,496
Total Stockholder Equity (as reported)166,330,965
Total Stockholder Equity (calculated)166,330,965
+/-0
Other
Cash and Short Term Investments -147,636,259
Common Stock Shares Outstanding 10,642,170
Liabilities and Stockholders Equity 1,927,523,249
Net Debt 769,982,547
Short Long Term Debt Total 622,346,288



Balance Sheet

All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-09-302003-06-302003-03-312002-12-312002-09-302002-06-302002-03-312001-12-312001-09-302001-06-302001-03-31
> Total Assets 
97,027,991
97,994,340
104,445,677
108,293,494
108,293,494
120,181,571
132,785,886
129,875,996
129,875,996
152,100,276
163,032,000
165,657,806
165,657,806
175,519,676
180,011,577
177,125,996
177,125,996
193,090,765
202,437,742
206,464,486
206,464,486
234,282,083
244,815,319
258,644,528
258,644,528
290,562,120
316,639,791
334,480,973
334,480,973
402,965,442
71,073
341,184,404
341,184,404
482,123,080
485,325,870
496,475,000
496,475,000
557,422,267
611,220,128
621,495,000
621,495,000
688,708,150
721,675,928
384,245,632
829,933,533
855,701,910
879,680,372
879,680,372
896,697,368
907,694,126
908,139,285
908,139,285
931,131,774
0
1,032,039,951
1,032,039,951
1,029,762,111
1,050,983,076
1,026,703,522
1,026,703,522
1,041,814,882
1,185,854,682
1,192,029,656
1,192,029,656
1,189,124,132
1,216,690,924
1,224,353,440
1,224,353,440
62,116,913
1,151,081
86,663,653
1,305,143,049
1,345,891,714
1,353,506,970
1,359,139,068
1,378,083,577
0
1,595,946,710
1,591,039,044
1,604,156,634
0
0
1,675,572,193
1,675,572,193
1,735,945,156
1,861,372,023
1,828,731,521
1,799,615,675
1,863,388,514
1,895,059,109
1,927,523,249
1,927,523,2491,895,059,1091,863,388,5141,799,615,6751,828,731,5211,861,372,0231,735,945,1561,675,572,1931,675,572,193001,604,156,6341,591,039,0441,595,946,71001,378,083,5771,359,139,0681,353,506,9701,345,891,7141,305,143,04986,663,6531,151,08162,116,9131,224,353,4401,224,353,4401,216,690,9241,189,124,1321,192,029,6561,192,029,6561,185,854,6821,041,814,8821,026,703,5221,026,703,5221,050,983,0761,029,762,1111,032,039,9511,032,039,9510931,131,774908,139,285908,139,285907,694,126896,697,368879,680,372879,680,372855,701,910829,933,533384,245,632721,675,928688,708,150621,495,000621,495,000611,220,128557,422,267496,475,000496,475,000485,325,870482,123,080341,184,404341,184,40471,073402,965,442334,480,973334,480,973316,639,791290,562,120258,644,528258,644,528244,815,319234,282,083206,464,486206,464,486202,437,742193,090,765177,125,996177,125,996180,011,577175,519,676165,657,806165,657,806163,032,000152,100,276129,875,996129,875,996132,785,886120,181,571108,293,494108,293,494104,445,67797,994,34097,027,991
   > Total Current Assets 
24,002,546
24,618,254
28,440,955
104,784,498
11,997,002
36,146,783
40,794,326
21,161,044
21,161,044
23,095,388
26,524,154
24,235,428
24,235,428
22,041,754
26,890,961
10,669,313
10,669,313
25,665,650
46,707,844
16,555,079
16,555,079
57,823,031
60,560,400
37,037,260
37,037,260
43,414,531
52,242,344
45,181,460
45,181,460
75,989,198
53,140,308
50,235,000
50,235,000
46,300,843
40,452,140
6,992,000
6,992,000
184,440,811
222,384,602
15,775,000
15,775,000
280,525,039
89,604,707
49,918,864
94,863,838
91,050,422
29,790,832
29,790,832
113,847,738
117,322,731
29,805,728
29,805,728
107,362,234
0
20,395,979
20,395,979
439,781,371
148,578,740
20,256,755
20,256,755
171,271,037
160,679,641
22,899,461
22,899,461
156,382,549
162,740,946
24,593,222
24,593,222
21,780,090
398,231
18,619,924
107,209,743
471,707,587
469,553,561
249,611,194
109,610,999
687,530,074
764,608,766
321,845,442
107,602,594
661,484,118
650,139,883
344,395,472
344,395,472
350,152,126
385,307,392
380,272,351
384,338,004
328,036,008
333,473,948
293,039,945
293,039,945333,473,948328,036,008384,338,004380,272,351385,307,392350,152,126344,395,472344,395,472650,139,883661,484,118107,602,594321,845,442764,608,766687,530,074109,610,999249,611,194469,553,561471,707,587107,209,74318,619,924398,23121,780,09024,593,22224,593,222162,740,946156,382,54922,899,46122,899,461160,679,641171,271,03720,256,75520,256,755148,578,740439,781,37120,395,97920,395,9790107,362,23429,805,72829,805,728117,322,731113,847,73829,790,83229,790,83291,050,42294,863,83849,918,86489,604,707280,525,03915,775,00015,775,000222,384,602184,440,8116,992,0006,992,00040,452,14046,300,84350,235,00050,235,00053,140,30875,989,19845,181,46045,181,46052,242,34443,414,53137,037,26037,037,26060,560,40057,823,03116,555,07916,555,07946,707,84425,665,65010,669,31310,669,31326,890,96122,041,75424,235,42824,235,42826,524,15423,095,38821,161,04421,161,04440,794,32636,146,78311,997,002104,784,49828,440,95524,618,25424,002,546
       Cash And Cash Equivalents 
7,258,328
7,291,681
9,942,146
11,997,002
11,997,002
13,738,677
15,669,655
21,161,044
21,161,044
23,095,388
26,524,154
24,235,428
24,235,428
22,041,754
26,890,961
10,669,313
10,669,313
4,361,310
23,724,842
16,555,079
16,555,079
28,244,425
30,067,797
37,037,260
37,037,260
9,293,009
10,079,449
45,181,460
45,181,460
37,463,883
0
50,235,000
50,235,000
7,387,390
8,258,749
50,899,000
50,899,000
13,920,548
16,830,599
90,182,000
90,182,000
73,882,131
18,174,800
49,918,864
13,997,224
12,943,991
12,632,776
12,632,776
16,748,791
17,002,869
12,779,935
12,779,935
11,534,602
0
14,645,611
14,645,611
11,676,561
12,917,355
17,299,879
17,299,879
32,363,576
13,307,857
14,518,120
14,518,120
13,377,562
16,706,203
81,742,951
81,742,951
5,350,806
100,091
1,301,924
107,209,743
109,391,686
74,606,208
18,988,662
109,610,999
0
222,841,724
23,845,061
107,602,594
0
0
128,420,683
128,420,683
142,418,544
153,218,964
144,867,227
142,983,856
158,502,122
158,627,110
-147,636,259
-147,636,259158,627,110158,502,122142,983,856144,867,227153,218,964142,418,544128,420,683128,420,68300107,602,59423,845,061222,841,7240109,610,99918,988,66274,606,208109,391,686107,209,7431,301,924100,0915,350,80681,742,95181,742,95116,706,20313,377,56214,518,12014,518,12013,307,85732,363,57617,299,87917,299,87912,917,35511,676,56114,645,61114,645,611011,534,60212,779,93512,779,93517,002,86916,748,79112,632,77612,632,77612,943,99113,997,22449,918,86418,174,80073,882,13190,182,00090,182,00016,830,59913,920,54850,899,00050,899,0008,258,7497,387,39050,235,00050,235,000037,463,88345,181,46045,181,46010,079,4499,293,00937,037,26037,037,26030,067,79728,244,42516,555,07916,555,07923,724,8424,361,31010,669,31310,669,31326,890,96122,041,75424,235,42824,235,42826,524,15423,095,38821,161,04421,161,04415,669,65513,738,67711,997,00211,997,0029,942,1467,291,6817,258,328
       Short-term Investments 
0
0
0
0
0
0
0
0
330
0
0
0
0
0
0
0
0
0
0
0
42,141
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
23,531,000
38,817,000
44,031,945
71,792,485
36,522,350
64,947,561
111,430
62,079,373
130,328,528
5,818,979
107,967
6,392,821
117,377,030
111,447,009
130,780,998
48,278,561
0
0
10,978,086
0
0
0
0
193,516,537
193,516,537
185,955,663
210,649,910
211,038,498
215,588,278
144,473,130
150,108,409
0
0150,108,409144,473,130215,588,278211,038,498210,649,910185,955,663193,516,537193,516,537000010,978,0860048,278,561130,780,998111,447,009117,377,0306,392,821107,9675,818,979130,328,52862,079,373111,43064,947,56136,522,35071,792,48544,031,94538,817,00023,531,0000000000000000000000000000000000000000042,1410000000000033000000000
       Net Receivables 
16,744,218
17,326,573
18,498,808
0
1,757,063
22,408,106
25,124,670
0
0
0
0
0
0
0
0
0
23,458,968
21,304,340
22,983,002
0
24,106,213
29,578,606
30,492,603
0
34,869,696
34,121,522
42,162,895
0
39,856,434
38,525,315
53,140,308
0
90,098,642
38,913,453
32,193,391
0
202,202,939
170,520,263
205,554,003
15,277,000
15,277,000
206,642,908
71,429,907
83,032,158
80,866,614
78,106,431
132,862,226
132,862,226
97,098,947
100,319,862
99,765,485
99,765,485
95,827,632
0
104,285,387
104,285,387
428,104,810
135,661,385
6,817,427
6,817,427
138,907,461
147,371,784
7,723,211
7,723,211
143,004,987
146,034,743
10,524,575
10,524,575
3,407,138
64,637
340,552
75,813,375
81,206,240
89,285,012
5,013,145
88,637,303
94,153,084
93,809,553
82,151,682
82,151,682
89,577,625
91,444,267
22,458,252
22,458,252
21,777,919
21,438,518
24,366,626
25,765,870
25,060,756
24,738,429
0
024,738,42925,060,75625,765,87024,366,62621,438,51821,777,91922,458,25222,458,25291,444,26789,577,62582,151,68282,151,68293,809,55394,153,08488,637,3035,013,14589,285,01281,206,24075,813,375340,55264,6373,407,13810,524,57510,524,575146,034,743143,004,9877,723,2117,723,211147,371,784138,907,4616,817,4276,817,427135,661,385428,104,810104,285,387104,285,387095,827,63299,765,48599,765,485100,319,86297,098,947132,862,226132,862,22678,106,43180,866,61483,032,15871,429,907206,642,90815,277,00015,277,000205,554,003170,520,263202,202,939032,193,39138,913,45390,098,642053,140,30838,525,31539,856,434042,162,89534,121,52234,869,696030,492,60329,578,60624,106,213022,983,00221,304,34023,458,96800000000025,124,67022,408,1061,757,063018,498,80817,326,57316,744,218
       Other Current Assets 
0
0
0
92,787,497
92,787,497
80,098,766
87,632,299
72,392,859
0
91,373,953
106,480,193
90,251,003
0
123,786,519
122,165,631
124,377,041
0
113,101,523
90,337,396
125,820,936
0
82,123,493
0
126,670,500
0
0
0
190,181,971
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
86,931,000
96,740,000
102,341,823
90,574,265
96,578,122
103,687,617
169,924
1,189,217,083
159,172,468
6,272,817
113,228
9,383,501
146,345,426
150,179,901
158,012,881
125,003,240
157,940,224
591,965,575
435,675,362
215,848,699
215,848,699
163,588,117
160,605,507
120,423,182
165,278,041
131,182,004
217,466,307
330,609,060
213,790,409
325,154,715
245,356,467
293,039,945
293,039,945245,356,467325,154,715213,790,409330,609,060217,466,307131,182,004165,278,041120,423,182160,605,507163,588,117215,848,699215,848,699435,675,362591,965,575157,940,224125,003,240158,012,881150,179,901146,345,4269,383,501113,2286,272,817159,172,4681,189,217,083169,924103,687,61796,578,12290,574,265102,341,82396,740,00086,931,0000000000000000000000000000000000190,181,971000126,670,500082,123,4930125,820,93690,337,396113,101,5230124,377,041122,165,631123,786,519090,251,003106,480,19391,373,953072,392,85987,632,29980,098,76692,787,49792,787,497000
   > Long-term Assets 
35,003,462
34,787,593
36,189,029
3,508,995
33,900,935
40,528,978
48,486,896
36,322,093
36,322,093
37,630,935
30,027,653
4,504,000
4,504,000
29,691,403
30,954,985
3,315
3,315
54,323,591
65,392,501
4,846,000
4,846,000
94,335,558
71,242,973
4,776,000
4,776,000
94,935,169
100,789,352
99,117,541
99,117,541
19,678
71,073
2,284,078
2,284,078
7,123,037
7,123,749
9,707,000
9,707,000
8,679,138
9,107,466
10,261,000
10,261,000
10,035,239
10,330,327
6,113,017
13,568,483
14,085,051
6,101,907
6,101,907
13,655,748
13,420,970
5,622,053
5,622,053
13,259,008
0
3,812,479
3,812,479
17,494,892
17,385,035
3,628,669
3,628,669
12,253,611
23,503,573
7,636,233
7,636,233
22,008,345
22,390,802
7,404,712
7,404,712
0
0
0
24,955,384
0
0
0
29,383,869
9,696,363
831,337,944
1,269,193,602
28,740,593
0
0
786,773,745
786,773,745
799,567,837
839,723,317
792,966,417
810,100,987
719,379,019
693,677,256
1,634,483,304
1,634,483,304693,677,256719,379,019810,100,987792,966,417839,723,317799,567,837786,773,745786,773,7450028,740,5931,269,193,602831,337,9449,696,36329,383,86900024,955,3840007,404,7127,404,71222,390,80222,008,3457,636,2337,636,23323,503,57312,253,6113,628,6693,628,66917,385,03517,494,8923,812,4793,812,479013,259,0085,622,0535,622,05313,420,97013,655,7486,101,9076,101,90714,085,05113,568,4836,113,01710,330,32710,035,23910,261,00010,261,0009,107,4668,679,1389,707,0009,707,0007,123,7497,123,0372,284,0782,284,07871,07319,67899,117,54199,117,541100,789,35294,935,1694,776,0004,776,00071,242,97394,335,5584,846,0004,846,00065,392,50154,323,5913,3153,31530,954,98529,691,4034,504,0004,504,00030,027,65337,630,93536,322,09336,322,09348,486,89640,528,97833,900,9353,508,99536,189,02934,787,59335,003,462
       Property Plant Equipment 
1,910,069
1,869,497
2,119,547
2,726,380
2,726,380
2,506,564
2,465,786
2,994,688
2,994,688
2,597,780
5,135,135
3,092,902
3,092,902
2,286,912
2,267,106
2,945,548
2,945,548
2,060,550
2,048,585
2,720,263
2,720,263
2,103,405
2,096,038
2,991,898
2,991,898
2,215,637
2,188,852
3,546,716
3,546,716
2,432,380
2,506,700
4,263,000
4,263,000
3,299,701
3,272,092
4,830,000
4,830,000
3,426,951
3,401,050
5,426,000
5,426,000
3,656,011
3,812,640
2,271,488
4,523,337
4,499,596
4,677,858
4,677,858
4,464,008
4,392,074
4,667,245
4,667,245
4,578,907
0
4,887,145
4,887,145
4,940,428
5,000,202
5,504,435
5,504,435
5,446,015
6,696,058
8,397,116
8,397,116
7,358,869
7,249,429
8,432,475
8,432,475
380,523
6,683
585,937
8,826,836
8,916,147
8,927,931
14,659,222
14,659,222
9,696,363
9,563,133
9,490,251
14,071,129
9,319,685
9,062,417
13,513,105
13,513,105
12,685,417
12,037,027
12,201,684
11,971,122
11,499,798
10,988,358
11,118,009
11,118,00910,988,35811,499,79811,971,12212,201,68412,037,02712,685,41713,513,10513,513,1059,062,4179,319,68514,071,1299,490,2519,563,1339,696,36314,659,22214,659,2228,927,9318,916,1478,826,836585,9376,683380,5238,432,4758,432,4757,249,4297,358,8698,397,1168,397,1166,696,0585,446,0155,504,4355,504,4355,000,2024,940,4284,887,1454,887,14504,578,9074,667,2454,667,2454,392,0744,464,0084,677,8584,677,8584,499,5964,523,3372,271,4883,812,6403,656,0115,426,0005,426,0003,401,0503,426,9514,830,0004,830,0003,272,0923,299,7014,263,0004,263,0002,506,7002,432,3803,546,7163,546,7162,188,8522,215,6372,991,8982,991,8982,096,0382,103,4052,720,2632,720,2632,048,5852,060,5502,945,5482,945,5482,267,1062,286,9123,092,9023,092,9025,135,1352,597,7802,994,6882,994,6882,465,7862,506,5642,726,3802,726,3802,119,5471,869,4971,910,069
       Goodwill 
0
0
0
0
0
0
0
0
-31
0
0
0
26
0
0
1,026
1,026
0
0
0
0
0
0
262,000
262,000
0
0
0
53,030
0
8,193
1,286,000
1,286,000
0
0
1,234,000
1,234,000
0
0
1,183,000
1,183,000
0
0
0
0
0
723,526
723,526
0
0
0
0
0
0
723,526
723,526
0
0
723,526
723,526
4,945,000
11,502,631
4,945,313
4,945,313
11,499,438
11,498,909
4,945,313
4,945,313
305,524
5,243
370,146
5,440,747
5,012,364
4,600,071
5,327,901
3,312,144
0
2,671,714
0
0
0
0
6,048,734
6,048,734
6,520,247
6,542,091
6,556,713
6,542,091
6,590,591
6,573,725
6,596,649
6,596,6496,573,7256,590,5916,542,0916,556,7136,542,0916,520,2476,048,7346,048,73400002,671,71403,312,1445,327,9014,600,0715,012,3645,440,747370,1465,243305,5244,945,3134,945,31311,498,90911,499,4384,945,3134,945,31311,502,6314,945,000723,526723,52600723,526723,526000000723,526723,526000001,183,0001,183,000001,234,0001,234,000001,286,0001,286,0008,193053,030000262,000262,0000000001,0261,0260026000-3100000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
314,590,000
319,228,000
364,052,492
352,146,933
394,435,856
372,812,964
612,579
427,785,875
572,741,233
20,429,559
391,912
37,052,143
437,873,335
458,244,056
452,190,539
602,252,569
0
0
0
0
0
0
0
758,349,633
737,104,130
770,457,746
810,206,124
779,330,052
761,112,644
688,317,175
663,010,935
0
0663,010,935688,317,175761,112,644779,330,052810,206,124770,457,746737,104,130758,349,6330000000602,252,569452,190,539458,244,056437,873,33537,052,143391,91220,429,559572,741,233427,785,875612,579372,812,964394,435,856352,146,933364,052,492319,228,000314,590,00000000000000000000000000000000000000000000000000000000000000
       Intangible Assets 
0
0
0
782,615
782,615
1,429,459
1,893,475
1,776,990
1,776,990
0
794,049
1,733,987
1,733,987
1,392,972
0
1,830,012
1,830,012
957,225
0
1,625,153
1,625,153
2,657,566
0
2,283,908
2,283,908
0
0
3,799,544
3,799,544
0
0
3,138,000
3,138,000
3,823,336
3,851,657
3,643,000
3,643,000
5,252,187
5,706,416
3,652,000
3,652,000
6,379,228
6,517,687
9,026,675
9,045,146
9,585,455
8,270,129
8,270,129
9,191,740
9,028,896
9,145,939
9,145,939
8,680,101
0
8,470,994
8,470,994
12,554,464
12,384,833
6,686,109
6,686,109
6,807,596
5,304,884
10,852,213
10,852,213
3,150,038
3,642,464
11,233,994
11,233,994
366,379
6,636
700,487
7,950,623
7,864,435
8,036,671
11,522,768
8,202,501
0
130,862,691
131,452,052
131,452,052
0
0
8,862,273
8,862,273
9,904,427
10,938,075
13,095,376
12,257,722
12,971,455
13,104,238
0
013,104,23812,971,45512,257,72213,095,37610,938,0759,904,4278,862,2738,862,27300131,452,052131,452,052130,862,69108,202,50111,522,7688,036,6717,864,4357,950,623700,4876,636366,37911,233,99411,233,9943,642,4643,150,03810,852,21310,852,2135,304,8846,807,5966,686,1096,686,10912,384,83312,554,4648,470,9948,470,99408,680,1019,145,9399,145,9399,028,8969,191,7408,270,1298,270,1299,585,4559,045,1469,026,6756,517,6876,379,2283,652,0003,652,0005,706,4165,252,1873,643,0003,643,0003,851,6573,823,3363,138,0003,138,000003,799,5443,799,544002,283,9082,283,90802,657,5661,625,1531,625,1530957,2251,830,0121,830,01201,392,9721,733,9871,733,987794,04901,776,9901,776,9901,893,4751,429,459782,615782,615000
       Earning Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
698,407,229
713,917,165
710,975,077
608,733,068
598,658,327
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000598,658,327608,733,068710,975,077713,917,165698,407,22900000000000000000000000000000000000000000000000000000000000000000000000
       Other Assets 
38,021,983
38,588,493
39,815,694
0
62,395,556
43,505,810
43,504,664
72,392,859
72,392,859
91,373,953
106,480,193
136,918,378
136,918,378
123,786,519
122,165,631
166,453,368
166,453,368
113,101,523
90,337,396
185,063,407
185,063,407
82,123,493
113,011,946
216,831,268
216,831,268
152,212,419
163,608,095
190,181,971
190,181,971
326,956,566
-53,140,308
288,665,326
288,665,326
428,699,200
437,749,981
479,776,000
479,776,000
364,302,318
379,728,060
595,459,000
595,459,000
398,147,872
621,740,894
328,213,751
721,501,212
750,566,437
843,787,633
843,787,633
769,193,882
776,950,425
872,711,504
872,711,504
810,510,532
0
1,007,831,493
1,007,831,493
572,485,848
885,019,301
1,002,818,098
1,002,818,098
858,290,234
1,001,671,468
1,161,493,962
1,161,493,962
1,010,733,238
1,031,559,176
1,192,355,506
1,192,355,506
18,854,838
342,378
29,335,016
1,172,977,922
394,147,125
410,198,197
497,280,053
1,239,088,709
415,115,274
428,339,502
566,297,333
1,467,813,447
466,071,976
495,954,131
544,402,976
544,402,976
586,225,193
636,341,314
655,492,753
605,176,684
815,973,487
867,907,905
0
0867,907,905815,973,487605,176,684655,492,753636,341,314586,225,193544,402,976544,402,976495,954,131466,071,9761,467,813,447566,297,333428,339,502415,115,2741,239,088,709497,280,053410,198,197394,147,1251,172,977,92229,335,016342,37818,854,8381,192,355,5061,192,355,5061,031,559,1761,010,733,2381,161,493,9621,161,493,9621,001,671,468858,290,2341,002,818,0981,002,818,098885,019,301572,485,8481,007,831,4931,007,831,4930810,510,532872,711,504872,711,504776,950,425769,193,882843,787,633843,787,633750,566,437721,501,212328,213,751621,740,894398,147,872595,459,000595,459,000379,728,060364,302,318479,776,000479,776,000437,749,981428,699,200288,665,326288,665,326-53,140,308326,956,566190,181,971190,181,971163,608,095152,212,419216,831,268216,831,268113,011,94682,123,493185,063,407185,063,40790,337,396113,101,523166,453,368166,453,368122,165,631123,786,519136,918,378136,918,378106,480,19391,373,95372,392,85972,392,85943,504,66443,505,81062,395,556039,815,69438,588,49338,021,983
> Total Liabilities 
88,177,213
89,045,244
95,077,800
98,419,074
98,419,074
110,110,942
122,594,297
118,821,138
118,821,138
139,666,215
150,060,118
152,048,459
152,048,459
161,860,466
165,234,614
161,489,888
161,489,888
175,719,468
184,074,581
186,168,753
186,168,753
212,641,919
222,840,299
232,148,215
232,148,215
262,985,614
287,342,766
301,112,997
301,112,997
369,117,981
34,634,431
341,184,404
341,184,404
444,846,315
446,448,383
450,705,000
450,705,000
513,126,944
565,106,465
568,780,000
568,780,000
635,266,519
667,933,827
352,765,250
766,013,445
789,654,832
809,044,719
809,044,719
830,087,853
840,069,094
836,594,048
836,594,048
853,845,289
0
950,139,189
950,139,189
941,310,000
963,270,035
935,788,760
935,788,760
945,042,648
1,086,868,734
1,086,550,449
1,086,550,449
1,081,843,750
1,105,835,700
1,106,659,736
1,106,659,736
56,421,530
1,046,676
78,387,494
1,180,867,594
1,212,255,238
1,215,194,184
1,225,415,847
1,242,984,111
911,186,951
1,457,736,900
1,446,577,163
1,458,536,416
0
0
1,525,343,486
1,525,343,486
1,579,080,603
1,699,529,208
348,788,352
1,640,874,411
348,374,953
349,320,025
1,760,509,125
1,760,509,125349,320,025348,374,9531,640,874,411348,788,3521,699,529,2081,579,080,6031,525,343,4861,525,343,486001,458,536,4161,446,577,1631,457,736,900911,186,9511,242,984,1111,225,415,8471,215,194,1841,212,255,2381,180,867,59478,387,4941,046,67656,421,5301,106,659,7361,106,659,7361,105,835,7001,081,843,7501,086,550,4491,086,550,4491,086,868,734945,042,648935,788,760935,788,760963,270,035941,310,000950,139,189950,139,1890853,845,289836,594,048836,594,048840,069,094830,087,853809,044,719809,044,719789,654,832766,013,445352,765,250667,933,827635,266,519568,780,000568,780,000565,106,465513,126,944450,705,000450,705,000446,448,383444,846,315341,184,404341,184,40434,634,431369,117,981301,112,997301,112,997287,342,766262,985,614232,148,215232,148,215222,840,299212,641,919186,168,753186,168,753184,074,581175,719,468161,489,888161,489,888165,234,614161,860,466152,048,459152,048,459150,060,118139,666,215118,821,138118,821,138122,594,297110,110,94298,419,07498,419,07495,077,80089,045,24488,177,213
   > Total Current Liabilities 
11,980,753
12,021,959
14,873,480
8,320,801
8,320,801
10,402,986
13,051,133
9,638,930
9,638,930
11,214,182
11,928,319
7,763,992
7,763,992
2,706,872
8,858,558
5,440
5,440
9,297,998
55
7,795,000
7,795,000
23,755,216
10,771,136
8,272,000
8,272,000
11,751,606
12,549,840
7,989,014
7,989,014
17,626
19,634
13,849,000
13,849,000
18,001,905
14,773,780
7,976,000
7,976,000
8,990,991
0
7,735,000
7,735,000
20,791,710
0
10,567,639
11,312,452
9,248,622
10,595,733
10,595,733
136,862
163,889
12,701,747
12,701,747
212,745
0
9,972,106
9,972,106
0
0
13,537,605
13,537,605
725,987,000
856,480,026
14,911,990
14,911,990
92,990,981
1,437,977
13,884,186
13,884,186
46,380,357
857,421
45,568,194
51,055,830
982,944,897
987,670,974
661,406,770
62,165,332
911,186,951
987,783,944
831,270,592
78,580,546
1,009,315,794
1,035,467,268
2,059,254
2,059,254
916,067,232
599,735,328
566,000,001
646,282,179
568,799,141
548,304,928
551,564,931
551,564,931548,304,928568,799,141646,282,179566,000,001599,735,328916,067,2322,059,2542,059,2541,035,467,2681,009,315,79478,580,546831,270,592987,783,944911,186,95162,165,332661,406,770987,670,974982,944,89751,055,83045,568,194857,42146,380,35713,884,18613,884,1861,437,97792,990,98114,911,99014,911,990856,480,026725,987,00013,537,60513,537,605009,972,1069,972,1060212,74512,701,74712,701,747163,889136,86210,595,73310,595,7339,248,62211,312,45210,567,639020,791,7107,735,0007,735,00008,990,9917,976,0007,976,00014,773,78018,001,90513,849,00013,849,00019,63417,6267,989,0147,989,01412,549,84011,751,6068,272,0008,272,00010,771,13623,755,2167,795,0007,795,000559,297,9985,4405,4408,858,5582,706,8727,763,9927,763,99211,928,31911,214,1829,638,9309,638,93013,051,13310,402,9868,320,8018,320,80114,873,48012,021,95911,980,753
       Short-term Debt 
11,980,753
12,021,959
14,873,480
8,320,801
8,320,801
10,402,986
13,051,133
9,638,930
9,638,930
11,214,182
11,928,319
7,763,992
7,763,992
2,706,872
8,858,558
8,273,565
8,273,565
9,297,998
1,690,416
7,061,010
7,061,010
23,755,216
10,771,136
5,695,908
5,695,908
11,751,606
12,549,840
7,989,014
7,989,014
15,259,830
13,709,457
13,849,000
13,849,000
18,001,905
14,773,780
7,976,000
7,976,000
8,990,991
0
7,735,000
7,735,000
20,791,710
0
10,292,348
11,312,452
9,248,622
68,539
68,539
136,862
163,889
182,853
182,853
212,745
0
0
0
0
0
0
460,110,000
465,737,000
525,434,436
266,668,787
518,050,657
92,990,981
365,424
230,864,399
327,864,135
12,614,881
0
0
0
0
258,603,219
81,017,575
0
0
343,255,580
-76,984,262
-76,984,262
0
0
0
0
0
96,081,563
346,618,134
331,513,123
345,403,264
334,220,763
324,289,031
324,289,031334,220,763345,403,264331,513,123346,618,13496,081,56300000-76,984,262-76,984,262343,255,5800081,017,575258,603,219000012,614,881327,864,135230,864,399365,42492,990,981518,050,657266,668,787525,434,436465,737,000460,110,000000000212,745182,853182,853163,889136,86268,53968,5399,248,62211,312,45210,292,348020,791,7107,735,0007,735,00008,990,9917,976,0007,976,00014,773,78018,001,90513,849,00013,849,00013,709,45715,259,8307,989,0147,989,01412,549,84011,751,6065,695,9085,695,90810,771,13623,755,2167,061,0107,061,0101,690,4169,297,9988,273,5658,273,5658,858,5582,706,8727,763,9927,763,99211,928,31911,214,1829,638,9309,638,93013,051,13310,402,9868,320,8018,320,80114,873,48012,021,95911,980,753
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
460,110,000
465,737,000
525,434,436
266,668,787
518,050,657
490,029,186
365,424
230,864,399
327,864,135
12,614,881
225,300
4,791,823
250,784,372
247,978,795
258,603,219
81,017,575
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000081,017,575258,603,219247,978,795250,784,3724,791,823225,30012,614,881327,864,135230,864,399365,424490,029,186518,050,657266,668,787525,434,436465,737,000460,110,00000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
189,211,000
179,459,000
239,954,940
234,235,678
235,455,338
260,198,612
406,421
265,207,362
381,542,971
14,992,445
286,275
22,722,237
326,035,069
331,246,035
337,742,292
368,203,601
401,915,369
493,431,488
522,762,357
812,572,910
812,572,910
546,710,575
565,363,026
575,889,977
548,735,486
567,554,295
315,906,700
42,492,620
6,836,090
48,491,805
42,147,090
45,091,403
45,091,40342,147,09048,491,8056,836,09042,492,620315,906,700567,554,295548,735,486575,889,977565,363,026546,710,575812,572,910812,572,910522,762,357493,431,488401,915,369368,203,601337,742,292331,246,035326,035,06922,722,237286,27514,992,445381,542,971265,207,362406,421260,198,612235,455,338234,235,678239,954,940179,459,000189,211,00000000000000000000000000000000000000000000000000000000000000
       Other Current Liabilities 
-11,980,753
-12,021,959
-14,873,480
0
-8,320,801
-10,402,986
-13,051,133
-9,638,930
-9,638,930
-11,214,182
-11,928,319
-7,763,992
-7,763,992
-2,706,872
-8,858,558
-8,268,170
-8,268,170
-9,297,998
-1,690,416
733,990
733,990
-23,755,216
-10,771,136
2,576,093
2,576,093
-11,751,606
-12,549,840
-7,989,014
-7,989,014
-15,259,830
-13,709,457
-13,849,000
-13,849,000
-18,001,905
-14,773,780
0
-18,138,672
-8,990,991
0
0
-19,438,244
-20,791,710
0
1,468,635
-11,312,452
-9,248,622
1,597,033
1,597,033
-136,862
-163,889
1,179,487
1,179,487
-212,745
0
1,122,922
1,122,922
0
0
781,450
781,450
236,581,000
256,389,484
672,354
672,354
-92,990,981
442,342
726,983
726,983
14,731,108
261,213
2,528,459
2,373,261
317,231,580
329,793,452
24,190,954
2,595,277
356,881,949
62,954,956
18,697,682
1,596,284
94,542,673
98,476,768
2,059,223
2,059,223
43,124,488
187,747,065
176,889,247
274,835,077
174,904,072
171,937,075
182,184,497
182,184,497171,937,075174,904,072274,835,077176,889,247187,747,06543,124,4882,059,2232,059,22398,476,76894,542,6731,596,28418,697,68262,954,956356,881,9492,595,27724,190,954329,793,452317,231,5802,373,2612,528,459261,21314,731,108726,983726,983442,342-92,990,981672,354672,354256,389,484236,581,000781,450781,450001,122,9221,122,9220-212,7451,179,4871,179,487-163,889-136,8621,597,0331,597,033-9,248,622-11,312,4521,468,6350-20,791,710-19,438,24400-8,990,991-18,138,6720-14,773,780-18,001,905-13,849,000-13,849,000-13,709,457-15,259,830-7,989,014-7,989,014-12,549,840-11,751,6062,576,0932,576,093-10,771,136-23,755,216733,990733,990-1,690,416-9,297,998-8,268,170-8,268,170-8,858,558-2,706,872-7,763,992-7,763,992-11,928,319-11,214,182-9,638,930-9,638,930-13,051,133-10,402,986-8,320,8010-14,873,480-12,021,959-11,980,753
   > Long-term Liabilities 
5,387,664
6,000,769
6,186,259
11,497,707
11,497,707
7,253,651
8,003,130
13,387,599
13,387,599
15,173,260
17,655,258
20,011,539
20,011,539
8,857,349
8,709,848
7,561
7,561
5,589,069
6,470
144,870,000
144,870,000
25,652,030
9,579,827
153,175,000
153,175,000
20,615,716
8,119,703
38,912,390
38,912,390
31,618,447
34,614,797
47,255,000
47,255,000
32,498,758
13,306,278
442,729,000
442,729,000
62,492,829
565,106,465
561,045,000
561,045,000
24,892,953
667,933,827
342,197,611
31,817,042
31,631,973
351,823,727
351,823,727
11,087,727
11,989,866
325,874,783
325,874,783
13,951,090
0
254,416,675
254,416,675
941,310,000
963,270,035
249,405,653
249,405,653
945,042,648
1,086,868,734
328,021,493
328,021,493
87,550,085
1,105,835,700
319,065,972
319,065,972
0
0
0
1,129,811,764
0
0
0
1,180,818,779
0
136,761,524
198,150,057
1,379,955,870
0
0
1,525,343,486
1,525,343,486
1,579,080,603
1,699,529,208
348,788,352
1,640,874,411
348,374,953
349,320,025
1,208,944,194
1,208,944,194349,320,025348,374,9531,640,874,411348,788,3521,699,529,2081,579,080,6031,525,343,4861,525,343,486001,379,955,870198,150,057136,761,52401,180,818,7790001,129,811,764000319,065,972319,065,9721,105,835,70087,550,085328,021,493328,021,4931,086,868,734945,042,648249,405,653249,405,653963,270,035941,310,000254,416,675254,416,675013,951,090325,874,783325,874,78311,989,86611,087,727351,823,727351,823,72731,631,97331,817,042342,197,611667,933,82724,892,953561,045,000561,045,000565,106,46562,492,829442,729,000442,729,00013,306,27832,498,75847,255,00047,255,00034,614,79731,618,44738,912,39038,912,3908,119,70320,615,716153,175,000153,175,0009,579,82725,652,030144,870,000144,870,0006,4705,589,0697,5617,5618,709,8488,857,34920,011,53920,011,53917,655,25815,173,26013,387,59913,387,5998,003,1307,253,65111,497,70711,497,7076,186,2596,000,7695,387,664
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,416,223
66,416,757
66,341,064
67,107,546
78,585,691
87,509,742
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000087,509,74278,585,69167,107,54666,341,06466,416,7574,416,2230000000000000000000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
58,032,359
59,167,742
58,618,150
95,281
59,698,148
86,881,284
3,083,597
56,133
19,532,947
64,216,238
67,230,491
67,879,976
361,371,759
319,192,660
318,985,745
325,965,515
366,990,002
338,390,744
341,462,051
337,961,662
381,554,575
347,895,506
412,551,264
523,020,770
411,157,035
415,077,857
145,701,696
137,824,545
0
0137,824,545145,701,696415,077,857411,157,035523,020,770412,551,264347,895,506381,554,575337,961,662341,462,051338,390,744366,990,002325,965,515318,985,745319,192,660361,371,75967,879,97667,230,49164,216,23819,532,94756,1333,083,59786,881,28459,698,14895,28158,618,15059,167,74258,032,35900000000000000000000000000000000000000000000000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,750,000
1,750,000
1,750,000
541,662
0
0
0
377,392
0
0
0
61,461
0
0
0
983,999
1,047,370
1,012,152
1,025,050
1,020,567
1,100,027
1,135,725
1,151,579
1,115,127
1,152,881
1,132,337
1,254,202
1,285,383
0
0
0
0
00001,285,3831,254,2021,132,3371,152,8811,115,1271,151,5791,135,7251,100,0271,020,5671,025,0501,012,1521,047,370983,99900061,461000377,392000541,6621,750,0001,750,0001,750,00000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
8,750,335
8,800,622
9,194,950
9,788,495
9,788,495
9,767,200
9,948,219
10,853,088
10,853,088
12,328,464
12,861,790
13,537,218
13,537,218
13,593,515
14,702,871
15,564,394
15,564,394
17,318,281
18,309,032
20,207,003
20,207,003
21,584,790
21,918,726
26,402,483
26,402,483
27,513,950
29,120,934
33,086,660
33,086,660
33,685,402
34,167,826
36,930,000
36,930,000
37,276,765
38,877,487
45,770,000
45,770,000
44,295,323
46,113,663
52,715,000
52,715,000
53,441,631
53,742,101
31,480,382
63,920,088
66,047,078
70,635,653
70,635,653
66,027,513
67,033,392
70,939,802
70,939,802
76,800,278
0
81,508,250
81,508,250
86,971,566
86,232,739
90,789,427
90,789,427
96,357,886
98,549,887
105,302,444
105,302,444
106,807,513
110,300,602
117,403,831
117,403,831
5,665,249
103,855
8,249,563
124,275,455
133,636,476
138,312,786
133,723,221
135,099,466
135,574,166
137,460,641
143,702,640
145,620,218
0
0
149,776,837
149,776,837
156,434,634
161,359,321
162,485,997
158,265,358
166,454,090
166,230,067
166,330,965
166,330,965166,230,067166,454,090158,265,358162,485,997161,359,321156,434,634149,776,837149,776,83700145,620,218143,702,640137,460,641135,574,166135,099,466133,723,221138,312,786133,636,476124,275,4558,249,563103,8555,665,249117,403,831117,403,831110,300,602106,807,513105,302,444105,302,44498,549,88796,357,88690,789,42790,789,42786,232,73986,971,56681,508,25081,508,250076,800,27870,939,80270,939,80267,033,39266,027,51370,635,65370,635,65366,047,07863,920,08831,480,38253,742,10153,441,63152,715,00052,715,00046,113,66344,295,32345,770,00045,770,00038,877,48737,276,76536,930,00036,930,00034,167,82633,685,40233,086,66033,086,66029,120,93427,513,95026,402,48326,402,48321,918,72621,584,79020,207,00320,207,00318,309,03217,318,28115,564,39415,564,39414,702,87113,593,51513,537,21813,537,21812,861,79012,328,46410,853,08810,853,0889,948,2199,767,2009,788,4959,788,4959,194,9508,800,6228,750,335
   Common Stock
5,206,753
5,002,514
5,055,651
5,199,630
5,199,630
5,019,434
4,926,732
5,199,996
5,199,996
6,891,753
6,943,300
6,970,571
6,970,571
6,970,843
7,012,001
7,001,321
7,001,321
9,925,398
10,025,978
12,991,884
12,991,884
13,075,174
13,086,795
3,525,000
3,525,000
17,999,624
18,939,724
0
0
0
0
0
0
0
0
13,250,000
13,250,000
0
0
14,250,000
14,250,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
51,111,000
51,111,000
51,111,441
51,100,000
59,100,000
59,100,000
92,528
59,100,000
94,241,573
3,362,903
60,246
4,454,183
75,100,000
75,100,000
75,100,000
75,100,000
79,100,000
79,100,000
79,100,000
79,100,000
79,100,000
83,100,000
83,100,000
83,170,496
83,170,496
87,170,496
87,170,496
87,170,496
87,170,496
87,170,496
87,170,496
87,100,000
87,100,00087,170,49687,170,49687,170,49687,170,49687,170,49687,170,49683,170,49683,170,49683,100,00083,100,00079,100,00079,100,00079,100,00079,100,00079,100,00075,100,00075,100,00075,100,00075,100,0004,454,18360,2463,362,90394,241,57359,100,00092,52859,100,00059,100,00051,100,00051,111,44151,111,00051,111,00000000000000000000014,250,00014,250,0000013,250,00013,250,0000000000018,939,72417,999,6243,525,0003,525,00013,086,79513,075,17412,991,88412,991,88410,025,9789,925,3987,001,3217,001,3217,012,0016,970,8436,970,5716,970,5716,943,3006,891,7535,199,9965,199,9964,926,7325,019,4345,199,6305,199,6305,055,6515,002,5145,206,753
   Retained Earnings 
239,158
0
0
4,386,825
4,386,825
5,046,172
5,351,206
5,493,801
5,493,801
5,434,932
5,671,452
5,839,584
5,839,584
6,637,526
7,096,676
1,495,351
1,495,351
7,100,380
0
6,750,456
6,750,456
7,922,974
7,928,157
11,027,158
11,027,158
7,596,591
8,426,887
12,126,849
12,126,849
9,733,667
10,974,986
11,785,000
11,785,000
14,508,614
15,704,304
15,633,000
15,633,000
15,798,598
17,455,598
19,231,000
19,231,000
23,055,876
24,908,925
336,472
0
0
34,218,777
34,218,777
30,020,791
32,006,076
409,772
409,772
0
0
44,918,788
44,918,788
0
0
2,096,710
2,096,710
47,690,000
48,648,407
4,907,381
4,907,381
47,620,614
76,274
7,338,990
7,338,990
2,372,147
45,383
3,671,069
2,035,198
53,410,916
57,229,826
52,462,029
475,606
52,985,796
55,773,626
59,405,815
-234,109
61,100,338
67,221,315
992,525
992,525
1,268,552
1,894,965
986,886
1,244,043
459,273
-654,401
0
0-654,401459,2731,244,043986,8861,894,9651,268,552992,525992,52567,221,31561,100,338-234,10959,405,81555,773,62652,985,796475,60652,462,02957,229,82653,410,9162,035,1983,671,06945,3832,372,1477,338,9907,338,99076,27447,620,6144,907,3814,907,38148,648,40747,690,0002,096,7102,096,7100044,918,78844,918,78800409,772409,77232,006,07630,020,79134,218,77734,218,77700336,47224,908,92523,055,87619,231,00019,231,00017,455,59815,798,59815,633,00015,633,00015,704,30414,508,61411,785,00011,785,00010,974,9869,733,66712,126,84912,126,8498,426,8877,596,59111,027,15811,027,1587,928,1577,922,9746,750,4566,750,45607,100,3801,495,3511,495,3517,096,6766,637,5265,839,5845,839,5845,671,4525,434,9325,493,8015,493,8015,351,2065,046,1724,386,8254,386,82500239,158
   Accumulated Other Comprehensive Income 
3,304,422
3,816,170
4,159,805
248,486
248,486
-299,938
-258,878
233,628
233,628
-5,989
239,199
678,015
678,015
27,589
639,722
7,009,290
7,009,290
379,272
8,446,497
410,958
410,958
588,959
907,807
1,157,948
1,157,948
1,937,549
1,799,060
1,887,309
1,887,309
972,250
-3,307,500
85,000
85,000
-4,355,394
-4,512,741
1,335,000
1,335,000
-4,932,838
-4,887,992
2,082,000
2,082,000
-5,280,835
-5,303,310
-5,585,270
-5,806,672
-6,042,761
6,396,736
6,396,736
-6,759,658
-7,004,326
-7,020,996
-7,020,996
-7,236,705
0
-491,311
-491,311
-7,028,180
-7,236,157
-4,002,724
-4,002,724
-6,934,114
-769,447
-398,708
-398,708
-7,650,364
-7,883,754
1,817,659
1,817,659
0
0
0
0
0
0
0
0
3,488,370
561,000
5,637,339
5,637,339
0
0
66,280,518
66,280,518
67,995,586
72,293,860
74,552,992
70,075,196
78,824,321
79,713,972
79,160,469
79,160,46979,713,97278,824,32170,075,19674,552,99272,293,86067,995,58666,280,51866,280,518005,637,3395,637,339561,0003,488,370000000001,817,6591,817,659-7,883,754-7,650,364-398,708-398,708-769,447-6,934,114-4,002,724-4,002,724-7,236,157-7,028,180-491,311-491,3110-7,236,705-7,020,996-7,020,996-7,004,326-6,759,6586,396,7366,396,736-6,042,761-5,806,672-5,585,270-5,303,310-5,280,8352,082,0002,082,000-4,887,992-4,932,8381,335,0001,335,000-4,512,741-4,355,39485,00085,000-3,307,500972,2501,887,3091,887,3091,799,0601,937,5491,157,9481,157,948907,807588,959410,958410,9588,446,497379,2727,009,2907,009,290639,72227,589678,015678,015239,199-5,989233,628233,628-258,878-299,938248,486248,4864,159,8053,816,1703,304,422
   Capital Surplus 0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000-440,514-440,514-440,514-440,514-440,514-29,2420000000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
2
-18,062
-20,506
287,965
-46,446
1,531
-70,840
-74,336
-74,336
7,768
7,839
49,048
49,048
-42,443
-45,528
58,433
58,433
-86,769
-163,443
53,705
53,705
-2,317
-4,033
14,217,378
14,217,378
-19,814
-44,737
19,072,502
19,072,502
22,979,485
26,500,340
13,560,000
13,560,000
27,123,545
27,685,924
2,302,000
2,302,000
33,429,563
33,546,057
2,902,000
2,902,000
35,666,590
34,136,486
31,143,910
69,726,760
72,089,839
30,020,140
30,020,140
42,766,380
42,031,642
77,551,026
77,551,026
84,036,983
0
37,080,773
37,080,773
93,999,746
93,468,896
92,695,441
92,695,441
103,292,000
99,319,334
100,793,771
100,793,771
114,457,877
118,184,356
108,247,182
108,247,182
-48,296
-1,389
148,873
122,240,257
5,566,074
6,412,033
7,907,455
134,623,860
-135,574,166
2,026,015
-440,514
145,854,327
2,502,827
-2,060,076
-666,702
-666,702
-3,907,225
-2,174,117
-224,377
-224,377
2,880,415
1,984,484
70,496
70,4961,984,4842,880,415-224,377-224,377-2,174,117-3,907,225-666,702-666,702-2,060,0762,502,827145,854,327-440,5142,026,015-135,574,166134,623,8607,907,4556,412,0335,566,074122,240,257148,873-1,389-48,296108,247,182108,247,182118,184,356114,457,877100,793,771100,793,77199,319,334103,292,00092,695,44192,695,44193,468,89693,999,74637,080,77337,080,773084,036,98377,551,02677,551,02642,031,64242,766,38030,020,14030,020,14072,089,83969,726,76031,143,91034,136,48635,666,5902,902,0002,902,00033,546,05733,429,5632,302,0002,302,00027,685,92427,123,54513,560,00013,560,00026,500,34022,979,48519,072,50219,072,502-44,737-19,81414,217,37814,217,378-4,033-2,31753,70553,705-163,443-86,76958,43358,433-45,528-42,44349,04849,0487,8397,768-74,336-74,336-70,8401,531-46,446287,965-20,506-18,0622



Balance Sheet

All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in BRL. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue302,788,811
Cost of Revenue--
Gross Profit302,788,811302,788,811
 
Operating Income (+$)
Gross Profit302,788,811
Operating Expense-67,835,131
Operating Income1,850,245234,953,680
 
Operating Expense (+$)
Research Development-
Selling General Administrative43,136,256
Selling And Marketing Expenses-
Operating Expense67,835,13143,136,256
 
Net Interest Income (+$)
Interest Income219,013,873
Interest Expense-40,674,040
Other Finance Cost-115,256,430
Net Interest Income63,083,403
 
Pretax Income (+$)
Operating Income1,850,245
Net Interest Income63,083,403
Other Non-Operating Income Expenses-
Income Before Tax (EBT)8,106,670-6,256,425
EBIT - interestExpense = -38,823,795
9,956,915
54,925,369
Interest Expense40,674,040
Earnings Before Interest and Taxes (EBIT)1,850,24548,780,710
Earnings Before Interest and Taxes (EBITDA)8,370,361
 
After tax Income (+$)
Income Before Tax8,106,670
Tax Provision--5,315,878
Net Income From Continuing Ops13,392,04213,422,548
Net Income14,251,329
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses286,584,664
Total Other Income/Expenses Net8,106,670-63,083,403
 

Technical Analysis of Banco
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Banco. The general trend of Banco is BEARISH with 42.9% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Banco's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-42.9%) Bearish trend (42.9%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Banco Bradesco S/A ADR.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 2.9456 < 3.1675.

The bearish price targets are: 2.4863 > 2.4763 > 2.46.

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Banco Bradesco S/A ADR Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Banco Bradesco S/A ADR. The current mas is .

The long score for the Moving Averages is 4/14.
The longshort score for the Moving Averages is -6/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Banco Bradesco S/A ADR Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Banco Bradesco S/A ADR. The current macd is -0.01357644.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Banco price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Banco. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Banco price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Banco Bradesco S/A ADR Daily Moving Average Convergence/Divergence (MACD) ChartBanco Bradesco S/A ADR Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Banco Bradesco S/A ADR. The current adx is 6.57347948.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Banco shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Banco Bradesco S/A ADR Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Banco Bradesco S/A ADR. The current sar is 2.48846999.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Banco Bradesco S/A ADR Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Banco Bradesco S/A ADR. The current rsi is 53.14. The current phase is Correction in bear market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending up: The RSI is trending up. +1
Banco Bradesco S/A ADR Daily Relative Strength Index (RSI) ChartBanco Bradesco S/A ADR Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Banco Bradesco S/A ADR. The current phase is Correction in bear market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Banco price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Banco Bradesco S/A ADR Daily Stochastic Oscillator ChartBanco Bradesco S/A ADR Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Banco Bradesco S/A ADR. The current cci is 111.55.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Banco Bradesco S/A ADR Daily Commodity Channel Index (CCI) ChartBanco Bradesco S/A ADR Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Banco Bradesco S/A ADR. The current cmo is 20.77.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Banco Bradesco S/A ADR Daily Chande Momentum Oscillator (CMO) ChartBanco Bradesco S/A ADR Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Banco Bradesco S/A ADR. The current willr is -23.52941176.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Banco is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Banco Bradesco S/A ADR Daily Williams %R ChartBanco Bradesco S/A ADR Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Banco Bradesco S/A ADR.

Banco Bradesco S/A ADR Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Banco Bradesco S/A ADR. The current atr is 0.05886066.

Banco Bradesco S/A ADR Daily Average True Range (ATR) ChartBanco Bradesco S/A ADR Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Banco Bradesco S/A ADR. The current obv is 1,008,486.

Banco Bradesco S/A ADR Daily On-Balance Volume (OBV) ChartBanco Bradesco S/A ADR Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Banco Bradesco S/A ADR. The current mfi is 85.16.

The long score for the Money Flow Index (MFI) is 2/2.
The longshort score for the Money Flow Index (MFI) is 2/(-2 +2).

  • MFI > 50: +1
  • MFI > 80: +1
Banco Bradesco S/A ADR Daily Money Flow Index (MFI) ChartBanco Bradesco S/A ADR Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Banco Bradesco S/A ADR.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-03WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-07CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-14ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-21SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-22SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-24CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-01CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-12DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-12DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-16CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-17STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-06CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-07SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-12ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-07DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-08WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-13CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-25MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-27CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.

6.3. Candlestick Patterns

Banco Bradesco S/A ADR Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Banco Bradesco S/A ADR based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.143
Ma 20Greater thanMa 502.536
Ma 50Greater thanMa 1002.624
Ma 100Greater thanMa 2002.724
OpenGreater thanClose2.570
Total2/5 (40.0%)
Penke

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