Why Banco Bradesco S.A. (BBD) Went Up On Thursday

We recently published a list of 10 Unexpected Market Movers—What Propelled Double-Digit Gains? In this article, we are going to take a look at where Banco Bradesco S.A. (NYSE:BBD) stands against other Thursday’s top-performing stocks.

The stock market extended its winning streak on Thursday as investors cheered President Donald Trump’s trade deal framework between the United States and the United Kingdom.

Among Wall Street’s major indices, the tech-heavy Nasdaq rallied the most, up 1.07 percent, followed by the Dow Jones, up 0.62 percent, and the S&P 500, gaining 0.58 percent.

According to Trump, the Oval Office outlined a trade deal framework. While a 10-percent baseline tariff will remain for imported goods from the UK, it could be the low end of deals with future countries.

“The final details are being written up,” Trump said. “In the coming weeks, we’ll have it all very conclusive.”

Beyond the major indices, 10 firms stood out, booking double-digit gains amid a flurry of fresh developments such as optimistic revenue guidance and impressive earnings performance, among others. In this article, let us explore Thursday’s 10 top-performing stocks and detail the reasons behind their gains.

To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5-million trading volume.

A customer withdrawing money from an ATM, illustrating the company’s widespread availability of accounts.

Banco Bradesco S.A. (NYSE:BBD)

Banco Bradesco grew its share prices by 18.94 percent on Thursday to end at $2.7 apiece as investors cheered its strong earnings performance in the first three months of the year.

During the period, Banco Bradesco S.A. (NYSE:BBD) achieved a 39.3-percent increase in its recurring net income at R$5.9 billion versus the same period last year.

Revenues, on the other hand, reached R$32.3 billion, marking a 15.3-percent improvement from the same comparable period, driven by an expressive growth in three key components: total net interest income, fee and commission income, as well as income from insurance.

“Revenue growth will be the primary reason for improving our profitability for the year. It will be a gradual and secure process, with control of credit risk,” the company said.

Banco Bradesco S.A. (NYSE:BBD) is a Brazil-based financial services company and is the third largest bank in terms of assets in Brazil and in Latin America.

Overall, BBD ranks 7th on our list of Thursday’s top-performing stocks. While we acknowledge the potential of BBD as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than BBD but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.