Banco Bradesco's Investment Firm Signs Agreement with Rede D'Or, Boosts Healthcare Portfolio

Banco Bradesco S.A.'s indirectly controlled investment firm, Atlântica Hospitais e Participações S.A., signed an investment agreement with Rede D'Or São Luiz S.A. Group to include Hospital Glória D'Or in the Atlântica D'Or network. The partnership will maintain a 50.01% stake held by Rede D'Or and 49.99% by Atlântica. The transaction is subject to regulatory approvals and other conditions of the agreement. Since the announcement, BBD shares have soared by 9.06%. Banco Bradesco offers various banking products and services to individuals, corporates, and businesses in Brazil and globally.

Banco Bradesco S.A.'s indirectly controlled investment firm, Atlântica Hospitais e Participações S.A., has signed an investment agreement with Rede D'Or São Luiz S.A. Group to include Hospital Glória D'Or in the Atlântica D'Or network. The partnership will maintain a 50.01% stake held by Rede D'Or and 49.99% by Atlântica. The transaction is subject to regulatory approvals and other conditions of the agreement. Since the announcement, BBD shares have soared by 9.06%.

The strategic partnership is expected to bolster Banco Bradesco's presence in the healthcare sector, a significant addition to its existing portfolio of banking products and services. This move comes amidst a period of increased institutional interest in Banco Bradesco, with several key investors and analysts expressing positive sentiments about the bank's prospects.

In the first quarter of 2025, AQR Capital Management LLC increased its stake in Banco Bradesco by 75.9%, now holding over 5 million shares valued at approximately $11.26 million Banco Bradesco SA $BBD Shares Purchased by AQR Capital Management LLC^[1]. Citigroup upgraded Banco Bradesco's rating from "hold" to "buy," with three analysts rating the stock as a buy and a consensus price target of $2.40 Banco Bradesco SA $BBD Shares Purchased by AQR Capital Management LLC^[1]. Other institutional investors, such as Aprio Wealth Management LLC, Graham Capital Management L.P., Vident Advisory LLC, Earnest Partners LLC, and Samalin Investment Counsel LLC, also increased their stakes in the bank Banco Bradesco SA $BBD Shares Purchased by AQR Capital Management LLC^[1].

Banco Bradesco recently announced a monthly dividend payment of $0.0035, marking an increase from its previous monthly dividend of $0.00, with an annualized yield of 1.3% Banco Bradesco SA $BBD Shares Purchased by AQR Capital Management LLC^[1]. The company's latest earnings report showed $0.10 earnings per share for the quarter, hitting analysts' consensus estimates of $0.10 Banco Bradesco SA $BBD Shares Purchased by AQR Capital Management LLC^[1]. Analysts expect Banco Bradesco to post 0.37 earnings per share for the current fiscal year.

The stock's performance has been robust, with shares opening at $3.13 on Thursday and reaching a 1-year high of $3.24. The company has a market capitalization of $33.26 billion, a PE ratio of 8.93, a PEG ratio of 0.43, and a beta of 0.76 Banco Bradesco SA $BBD Shares Purchased by AQR Capital Management LLC^[1]. The company's debt-to-equity ratio is 0.63, and its quick ratio is 1.11, indicating strong financial health.

The recent strategic partnership and positive analyst ratings suggest a favorable outlook for Banco Bradesco. As the company continues to expand its services and attract institutional investors, it remains an attractive option for investors seeking exposure to the Brazilian banking sector.