Data as of:
LIVE
ITUB
Itaú Unibanco Holding S.A. · Financials - Brazilian Banking
$8.20
+11.31% this month
VERSUS
COMPARE
BBDO
Banco Bradesco S.A. · Financials - Brazilian Banking
$3.15
+6.52% this month
Comparison scoreboard
ITUB LEADS 3/5AI Scorei
ITUB ✓42.9
BBDO 26.0
1Y Returni
ITUB ✓+26.29%
BBDO +13.51%
Fwd P/Ei
ITUB 8.30
BBDO N/A
Target Up.i
ITUB +8.23%
BBDO N/A
Op. Margini
ITUB ✓39.07%
BBDO 34.52%
Metrics last refreshed: 9/20/2026
Quick take
ITUB vs BBDO Stock Comparison: AI Score, Valuation, Performance and Upside
ITUB (Itaú Unibanco) and BBDO (Banco Bradesco) are Brazil's two largest private banks — Itaú as the market leader with consistently superior returns on equity, versus Bradesco with its insurance segment providing diversification. Both are exposed to Brazilian macroeconomic risk and fintech competition, but trade at emerging market valuations with high dividend yields.
ITUB vs BBDO is Brazil's top private banking duopoly — market-leading operational efficiency (Itaú) versus insurance-diversified financial conglomerate (Bradesco) in Latin America's largest economy with high dividend yields and emerging market economic risk.
Live analysis · updated 9/20/2026
ITUB holds the edge across 3 of 5 key metrics in this comparison. ITUB has delivered stronger 1-year price return (+26.29% vs +13.51% for BBDO). ITUB leads on both revenue growth (17.50%) and operating margin (39.07%), suggesting a stronger fundamental setup on both dimensions.
Normalized 1Y performance
ITUB
BBDO
Recent returns
ITUB
BBDO
Analyst price targets & sentiment
Human Wall Street analysts' price targets, typically implying a ~12-month view — a separate signal from this site's own AI Prediction Signal further down the page, which is a 5-/30-day machine-learning forecast based on price history alone.
ITUB · 8 analysts
STRONG BUYHOLDSTRONG SELL
Buy (1.8/5.0)
6 Buy / 2 Hold / 0 Sell
Price target range
analyst low$6.10
analyst high$10.20
analyst mean$8.88
current price$8.20
+8.2% upside to analyst mean
BBDO
Price target data unavailable
N/A
Who should consider this stock?
ITUB may suit investors who:
- Want Latin America's largest private bank by market cap with Brazil's highest banking ROE and strongest credit quality track record
- Value Itaú's operational excellence and cost efficiency as advantages that should compound over the long Brazilian banking market growth cycle
- Are comfortable with Brazilian economic risk (BRL/USD currency, Brazilian inflation and interest rate cycles) in exchange for high dividend yields and emerging market banking growth
BBDO may suit investors who:
- Want Brazilian banking exposure diversified through Bradesco Seguros (insurance) as a non-bank financial services revenue stream less sensitive to pure credit cycles
- Value Bradesco's geographic reach across Brazil including rural markets where digital banking penetration is lower, providing a franchise not easily replicated by fintech challengers
- See Bradesco's credit quality recovery and efficiency improvement as catalysts for narrowing the valuation gap with market-leading Itaú
Performance & AI score
| Metric | ITUB | BBDO |
|---|---|---|
| AI scorei | 42.9 | 26.0 |
| AI ranki | #908 | #2665 |
| Latest closei | $8.20 | $3.15 |
| 1M returni | +11.31% | +6.52% |
| 6M returni | +6.73% | +7.04% |
| 1Y returni | +26.29% | +13.51% |
$10,000 invested — hypothetical growth (dividends reinvested)
How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?
| Period | ITUB | BBDO |
|---|---|---|
| 1Y ago | $13.65K (+36.5%) started 2025-09-18 | $11.85K (+18.5%) started 2025-09-18 |
| 5Y ago | $45.05K (+350.5%) started 2021-09-20 | $20.01K (+100.1%) started 2021-09-20 |
| 10Y ago | $67.74K (+577.4%) started 2016-09-19 | $15.47K (+54.7%) started 2016-09-19 |
Hypothetical — past performance does not guarantee future results.
Valuation & upside potential
| Metric | ITUB | BBDO |
|---|---|---|
| Market capi | $90.38B | $33.3B |
| Trailing P/Ei | 10.00 | 7.50 |
| Forward P/Ei | 8.30 | N/A |
| Price/Salesi | 0.63 | 0.36 |
| EV/Revenuei | 5.10 | 6.36 |
| Analyst targeti | $8.88 | N/A |
| Target upsidei | +8.23% | N/A |
Growth, profitability & risk
| Metric | ITUB | BBDO |
|---|---|---|
| Revenue growthi | 17.50% | 7.20% |
| Earnings growthi | 8.10% | 17.80% |
| EPS growthi | +8.10% | +17.80% |
| FCF margini | N/A | N/A |
| Operating margini | 39.07% | 34.52% |
| Profit margini | 32.58% | 26.07% |
| ROIC proxyi | 21.48% | 13.76% |
| Return on equityi | 21.48% | 13.76% |
| Dividend yieldi | 2.08% | 4.64% |
| Payout ratioi | 73.54% | 66.09% |
| Dividend growth streaki | 4 yrs | 1 yr |
| Betai | 0.14 | 0.22 |
| Debt/equityi | N/A | N/A |
| Current ratioi | N/A | N/A |
| Quick ratioi | N/A | N/A |
Correlation
Over the past year, ITUB and BBDO have moved moderately in the same direction (correlation of 0.61), based on daily returns.
1Y
0.61
-1.0+1.0
5Y
0.61
-1.0+1.0
10Y
0.67
-1.0+1.0
Drawdown & downside risk
Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.
1Y risk snapshot
ITUB max drawdowni23.55%
BBDO max drawdowni23.57%
ITUB max wkly dropi10.77%
BBDO max wkly dropi13.03%
5Y risk snapshot
ITUB max drawdowni31.60%
BBDO max drawdowni46.30%
ITUB max wkly dropi16.75%
BBDO max wkly dropi25.39%
10Y risk snapshot
ITUB max drawdowni62.13%
BBDO max drawdowni76.12%
ITUB max wkly dropi28.38%
BBDO max wkly dropi29.20%
Performance metrics by period
| Period | Metric | ITUB | BBDO |
|---|---|---|---|
| 1Y | Growthi | +26.29% | +13.51% |
| CAGRi | +26.31% | +13.52% | |
| Volatilityi | 31.63% | 35.07% | |
| Sharpe ratioi | 0.76 | 0.41 | |
| Sortino ratioi | 1.12 | 0.59 | |
| Max drawdowni | 23.55% | 23.57% | |
| Current drawdowni | 12.54% | 13.81% | |
| Avg drawdowni | 8.77% | 9.44% | |
| Ulcer Indexi | 10.92% | 11.53% | |
| Max daily dropi | 6.44% | 7.04% | |
| Max wkly dropi | 10.77% | 13.03% | |
| 5Y | Growthi | +209.02% | +37.63% |
| CAGRi | +25.35% | +6.60% | |
| Volatilityi | 32.49% | 42.06% | |
| Sharpe ratioi | 0.72 | 0.26 | |
| Sortino ratioi | 1.06 | 0.36 | |
| Max drawdowni | 31.60% | 46.30% | |
| Current drawdowni | 12.54% | 13.81% | |
| Avg drawdowni | 9.22% | 20.76% | |
| Ulcer Indexi | 11.66% | 23.82% | |
| Max daily dropi | 7.86% | 16.72% | |
| Max wkly dropi | 16.75% | 25.39% | |
| 10Y | Growthi | +211.87% | -23.44% |
| CAGRi | +12.05% | -2.64% | |
| Volatilityi | 37.53% | 47.32% | |
| Sharpe ratioi | 0.37 | 0.09 | |
| Sortino ratioi | 0.53 | 0.12 | |
| Max drawdowni | 62.13% | 76.12% | |
| Current drawdowni | 12.54% | 51.26% | |
| Avg drawdowni | 21.05% | 47.45% | |
| Ulcer Indexi | 26.67% | 52.56% | |
| Max daily dropi | 18.44% | 16.72% | |
| Max wkly dropi | 28.38% | 29.20% |
Business comparison
| Category | ITUB | BBDO |
|---|---|---|
| Company | Itaú Unibanco Holding S.A. | Banco Bradesco S.A. |
| Sector | Financials - Brazilian Banking | Financials - Brazilian Banking |
| Industry | Banks - Regional | Banks - Regional |
| Core business | Itaú Unibanco is Brazil's largest private bank and the largest bank in Latin America by market capitalization — operating retail banking, corporate banking, investment banking, wealth management, and international operations across Latin America. | Banco Bradesco is Brazil's second-largest private bank, offering retail banking, corporate banking, insurance (through Bradesco Seguros), investment banking, and wealth management services across Brazil's vast geographic territory. |
| Investor focus | Investors track Itaú's net interest income (NII), loan portfolio quality (NPL ratios), return on equity (ROE), loan growth by segment, Brazilian economic conditions affecting credit cycles, and the company's competitive position against fintech disruptors like Nubank. | Investors track Bradesco's NII, insurance operations (Bradesco Seguros is one of Brazil's largest insurance companies), credit quality, efficiency ratio improvements, and competitive positioning versus Itaú and digital banking entrants. |
ITUB strengths
- Brazil's largest private bank with scale advantages in funding costs, technology investment, and distribution through the country's largest private branch network
- Highest return on equity among major Brazilian banks — Itaú has consistently delivered above-peer ROE reflecting operational excellence and pricing discipline
- Strong risk management culture — Itaú has historically maintained better credit quality through Brazilian economic cycles than many competitors
BBDO strengths
- Bradesco Seguros is one of Brazil's largest insurance companies, providing diversified non-banking revenue through health, life, and property insurance — less exposed to pure credit cycle risk than banking-only peers
- Extensive branch and ATM network across Brazil including historically underserved areas gives Bradesco geographic reach important for serving Brazil's large rural population
- Large insurance operation provides cross-selling opportunities — bank customers can purchase insurance, creating bundled financial services relationships
Risks to watch — ITUB
- Brazilian macroeconomic volatility (currency devaluation, inflation, recession risk) significantly impacts credit quality and loan demand — Brazil's economic cycles are more extreme than developed market peers
- Nubank (Nu Holdings) has grown to tens of millions of Brazilian customers as a digital-only challenger bank, pressuring traditional banks on fees and retail deposit costs
- Emerging market banking sector trades at significant P/E discounts versus U.S. banks — investors must accept Brazil's economic risk premium
Risks to watch — BBDO
- Bradesco has faced more challenging credit quality periods than Itaú in recent cycles — the company has worked through elevated NPL (non-performing loan) ratios from post-COVID Brazilian credit deterioration
- Digital banking competition from Nubank and others has pressured Bradesco's ability to charge fees and maintain customer loyalty in younger demographics
- Brazilian banking sector is highly concentrated — regulatory changes to increase competition or banking fees caps could pressure margins for established banks like Bradesco
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