Bradesco Still Shows Challenges, And Lags The Market, Only Fairly Valued

Banco Bradesco (NYSE: BBD ) reported 3Q24 results with very little to like: the bank is losing share, expensive funding is growing, margins are decreasing, costs are going up despite loan book shrinking, and the company's insurance operation isLong-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspects, understanding the long-term earnings power of ...