share_log

Here's How Much You Would Have Made Owning Bank Bradesco Stock In The Last 20 Years

Benzinga Real-time News ·  Aug 3, 2022 10:54

Bank Bradesco (NYSE:BBD) has outperformed the market over the past 20 years by 1.27% on an annualized basis producing an average annual return of 9.13%. Currently, Bank Bradesco has a market capitalization of $31.98 billion.

Buying $100 In BBD: If an investor had bought $100 of BBD stock 20 years ago, it would be worth $519.27 today based on a price of $3.30 for BBD at the time of writing.

Bank Bradesco's Performance Over Last 20 Years

Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment