Bank Bradesco (BBD) Tax Provisions (2009 - 2023)
Bank Bradesco (BBD) posted quarterly Tax Provisions of -$1.6 billion for Q4 2023, down 5.66% year-over-year from -$1.7 billion in Q4 2022, and down 5.66% quarter-over-quarter from -$1.5 billion in Q4 2022.
Bank Bradesco (BBD) Tax Provisions (2009 - 2023) Analysis & Trends
Bank Bradesco (BBD) has reported Tax Provisions for 15 consecutive years, with -$1.6 billion the latest figure, recorded in Q4 2023.
- In Q4 2023, Tax Provisions fell 5.66% year-over-year to -$1.6 billion; the TTM figure through Dec 2023 stood at -$6.2 billion (down 200.71% YoY), while the FY2025 annual figure was -$537.9 million, down 387.21% from the prior year.
- Tax Provisions declined to -$1.6 billion in Q4 2023 per BBD's latest filing, from -$1.5 billion in the prior quarter.
- Across five years, Tax Provisions topped out at $2.5 billion in Q4 2019 and bottomed at -$3.8 billion in Q4 2021.
- Historically, Tax Provisions has averaged -$671.8 million across 5 years, with a median of -$935.6 million in 2019.
- Annual changes were most pronounced in 2019 — Tax Provisions jumped 272.94% — and 2021, when it slumped 597.8%.
- Bank Bradesco's Tax Provisions stood at $2.5 billion in 2019, then plunged by 69.56% to $771.8 million in 2020, then sank by 597.8% to -$3.8 billion in 2021, then soared by 59.99% to -$1.5 billion in 2022, then decreased by 5.66% to -$1.6 billion in 2023.
- Business Quant data shows BBD's Tax Provisions at -$1.6 billion in Q4 2023, -$1.5 billion in Q4 2022, and -$3.8 billion in Q4 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 531.00 Mn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 537.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -939.17 Mn |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -821.11 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | 1.12 Bn |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | -175.22 Mn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 262.00 Mn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 235.00 Mn |
| 10 | Bank Bradesco | 15.81 Bn | -23.22 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -1.62 Bn |
| Dec 31, 2022 | -1.54 Bn |
| Dec 31, 2021 | -3.84 Bn |
| Dec 31, 2020 | 771.83 Mn |
| Dec 31, 2019 | 2.54 Bn |
| Jun 30, 2019 | -333.87 Mn |
| Dec 31, 2018 | -1.47 Bn |
| Sep 30, 2018 | -161.71 Mn |
| Jun 30, 2018 | -532.91 Mn |
| Mar 31, 2018 | -63.20 Mn |
| Dec 31, 2017 | -830.28 Mn |
| Sep 30, 2017 | -208.69 Mn |
| Jun 30, 2017 | -723.83 Mn |
| Mar 31, 2017 | -78.64 Mn |
| Dec 31, 2016 | -1.92 Bn |
| Sep 30, 2016 | -74.96 Mn |
| Jun 30, 2016 | -55.07 Mn |
| Mar 31, 2016 | -63.73 Mn |
| Dec 31, 2015 | -46.57 Mn |
| Sep 30, 2015 | -66.67 Mn |