Banco Bradesco: Q1 Earnings Snapshot

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OSASCO, Brazil (AP) — OSASCO, Brazil (AP) — Banco Bradesco SA (BBD) on Thursday reported first-quarter net income of $824 million.

The Osasco, Brazil-based bank said it had earnings of 7 cents per share.

The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 7 cents per share.

The financial holding company posted revenue of $9.82 billion in the period. Its revenue net of interest expense was $9.82 billion, exceeding Street forecasts.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BBD at https://www.zacks.com/ap/BBD

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