8 Best Large Cap Penny Stocks to Invest In

2. Banco Bradesco (NYSE:BBD)

Number of Hedge Fund Holders: 22

Share Price as of February 14: $2.09

Market Cap as of February 14: $11.06 billion

Banco Bradesco (NYSE:BBD) offers banking products and services to individuals, corporations, and businesses in Brazil and internationally. Operating through its Banking and Insurance segments, it provides services like various types of accounts, loans, credit cards, insurance, investment products, and foreign exchange services.

Its loan portfolio reached nearly BRL 980 billion in Q4 2024, growing by almost 12% year-over-year, which demonstrated substantial commercial traction. Growth was particularly strong in individual loans, up 13.3%, with high-income clients leading the charge. The MSME (micro, small, and medium-sized enterprises) segment also saw expansion, with total growth of 28% and small business loans specifically growing by almost 20%. This loan portfolio growth directly fueled a 5.4% increase in net interest income.

The bank’s focus on careful risk management has allowed it to maintain a healthy portfolio and deliver solid results. Banco Bradesco (NYSE:BBD) expects loan growth to continue, but with a more conservative target of 7-9% for 2025 due to macroeconomic uncertainties. Its strategy focuses on using data and technology to improve credit models and ensure responsible growth in this area.