Bradesco Bank BBDO & The City of God

Bradesco (BBDO) is one of Brazil’s largest and oldest banks. In this episode, Cameron Reilly walks through the bank’s wild origin, its scandals, its political turbulence, and the numbers that matter for value investors. Despite the drama, the numbers look strong. Bradesco has a massive loan book, solid financial health, and a standout price‑to‑operating‑cash‑flow ratio. Cameron breaks down why…