SPX3,825.33+39.95 1.06%
DIA310.85+3.03 0.98%
IXIC11,127.85+99.11 0.90%

$100 Invested In Bank Bradesco 20 Years Ago Would Be Worth This Much Today

Bank Bradesco (NYSE:BBD) has outperformed the market over the past 20 years by 2.81% on an annualized basis producing an average annual return of 9.6%. Currently, Bank Bradesco has a market capitalization of $40.13 billion.

Benzinga · 06/10/2022 12:01

Bank Bradesco (NYSE:BBD) has outperformed the market over the past 20 years by 2.81% on an annualized basis producing an average annual return of 9.6%. Currently, Bank Bradesco has a market capitalization of $40.13 billion.

Buying $100 In BBD: If an investor had bought $100 of BBD stock 20 years ago, it would be worth $625.97 today based on a price of $3.77 for BBD at the time of writing.

Bank Bradesco's Performance Over Last 20 Years

comp_fig

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.