Bank Bradesco (BBD) Tax Rate (2009 - 2022)
Bank Bradesco (BBD) posted quarterly Tax Rate of 24.44% for Q4 2022, up 5003.0% year-over-year from 0.48% in Q4 2021, and up 67.18% quarter-over-quarter from 74.47% in Q4 2021.
Bank Bradesco (BBD) Tax Rate (2009 - 2022) Analysis & Trends
Bank Bradesco (BBD) has reported Tax Rate for 14 consecutive years, with 24.44% the latest figure, recorded in Q4 2022.
- In Q4 2022, Tax Rate rose 5003.0% year-over-year to 24.44%; the TTM figure through Dec 2022 stood at 27.36% (down 1467.0% YoY), while the FY2025 annual figure was 13.79%, down 1000.0% from the prior year.
- Tax Rate advanced to 24.44% in Q4 2022 per BBD's latest filing, from 74.47% in the prior quarter.
- Across five years, Tax Rate topped out at 45.58% in Q4 2019 and bottomed at 74.47% in Q4 2021.
- Historically, Tax Rate has averaged 14.55% across 5 years, with a median of 9.94% in 2018.
- Annual changes were most pronounced in 2019 — Tax Rate surged 5552 bps — and 2020, when it sank 9035 bps.
- Bank Bradesco's Tax Rate stood at 9.94% in 2018, then surged by 558 bps to 45.58% in 2019, then plunged by 198 bps to 44.78% in 2020, then sank by 66 bps to 74.47% in 2021, then surged by 67 bps to 24.44% in 2022.
- Business Quant data shows BBD's Tax Rate at 24.44% in Q4 2022, 74.47% in Q4 2021, and 44.78% in Q4 2020.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 20.53% |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 19.74% |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -30.86% |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -26.78% |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | 28.68% |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | -14.17% |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 14.44% |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 22.68% |
| 10 | Bank Bradesco | 15.81 Bn | -23.22 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | -24.44% |
| Dec 31, 2022 | -24.44% |
| Dec 31, 2022 | -24.44% |
| Dec 31, 2021 | -74.47% |
| Dec 31, 2021 | -74.47% |
| Dec 31, 2021 | -74.47% |
| Dec 31, 2020 | -44.78% |
| Dec 31, 2020 | -44.78% |
| Dec 31, 2020 | -44.78% |
| Dec 31, 2019 | 45.58% |
| Dec 31, 2019 | 45.58% |
| Dec 31, 2019 | 45.58% |
| Jun 30, 2019 | -9.92% |
| Jun 30, 2019 | -9.92% |
| Jun 30, 2019 | -9.92% |
| Dec 31, 2018 | -9.94% |
| Dec 31, 2018 | -9.94% |
| Dec 31, 2018 | -9.94% |
| Sep 30, 2018 | -1.55% |
| Sep 30, 2018 | -1.55% |