Banco Effective Tax Rate from 2010 to 2024

BBD Stock  USD 1.93  0.03  1.58%   
Banco Bradesco's Effective Tax Rate is decreasing over the years with slightly volatile fluctuation. Overall, Effective Tax Rate is projected to go to -0.4 this year. During the period from 2010 to 2024 Banco Bradesco Effective Tax Rate annual values regression line had coefficient of variation of (432.07) and r-squared of  0.10. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
(0.42)
Current Value
(0.40)
Quarterly Volatility
0.85010112
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Banco Bradesco financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Banco Bradesco's main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.8 B, Interest Expense of 164.2 B or Selling General Administrative of 25.4 B, as well as many indicators such as Price To Sales Ratio of 1.18, Dividend Yield of 0.0534 or PTB Ratio of 1.14. Banco financial statements analysis is a perfect complement when working with Banco Bradesco Valuation or Volatility modules.
  
Check out the analysis of Banco Bradesco Correlation against competitors.

Latest Banco Bradesco's Effective Tax Rate Growth Pattern

Below is the plot of the Effective Tax Rate of Banco Bradesco SA over the last few years. Effective Tax Rate is the average rate at which Banco Bradesco SA pre-tax profits are taxed by the government. The effective tax rate is computed by dividing Banco Bradesco total tax expenses by Banco Bradesco earnings before taxes. It is Banco Bradesco's Effective Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Banco Bradesco's overall financial position and show how it may be relating to other accounts over time.
Effective Tax Rate10 Years Trend
Slightly volatile
   Effective Tax Rate   
       Timeline  

Banco Effective Tax Rate Regression Statistics

Arithmetic Mean(0.20)
Coefficient Of Variation(432.07)
Mean Deviation0.57
Median0.14
Standard Deviation0.85
Sample Variance0.72
Range3.3705
R-Value(0.32)
Mean Square Error0.70
R-Squared0.10
Significance0.24
Slope(0.06)
Total Sum of Squares10.12

Banco Effective Tax Rate History

2024 -0.4
2023 -0.42
2021 0.29
2020 -2.93
2019 -0.58
2018 0.14
2017 0.27

About Banco Bradesco Financial Statements

Banco Bradesco stakeholders use historical fundamental indicators, such as Banco Bradesco's Effective Tax Rate, to determine how well the company is positioned to perform in the future. Although Banco Bradesco investors may analyze each financial statement separately, they are all interrelated. For example, changes in Banco Bradesco's assets and liabilities are reflected in the revenues and expenses on Banco Bradesco's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Banco Bradesco SA. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Effective Tax Rate(0.42)(0.40)

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Banco Bradesco SA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Banco Bradesco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Banco Bradesco Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Banco Bradesco Sa Stock:
Check out the analysis of Banco Bradesco Correlation against competitors.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Banco Bradesco. If investors know Banco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Banco Bradesco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.436
Dividend Share
1.114
Earnings Share
0.21
Revenue Per Share
7.098
Quarterly Revenue Growth
0.429
The market value of Banco Bradesco SA is measured differently than its book value, which is the value of Banco that is recorded on the company's balance sheet. Investors also form their own opinion of Banco Bradesco's value that differs from its market value or its book value, called intrinsic value, which is Banco Bradesco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Banco Bradesco's market value can be influenced by many factors that don't directly affect Banco Bradesco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Banco Bradesco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Banco Bradesco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Banco Bradesco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.