|Bid||3.0700 x 317700|
|Ask||3.1300 x 317700|
|Day's Range||3.0700 - 3.1700|
|52 Week Range||3.0700 - 5.0700|
|Beta (5Y Monthly)||1.09|
|PE Ratio (TTM)||7.34|
|Forward Dividend & Yield||0.08 (2.01%)|
|Ex-Dividend Date||May 03, 2022|
|1y Target Est||4.86|
French bank BNP Paribas SA has transferred its wealth management operation in Brazil to local rival Banco Bradesco SA , according to a securities filing and a letter to investors. The agreement to close its private bank in Brazil is a result of a "constant review of portfolio", a BNP letter to its clients said. The migration to Bradesco's private bank will happen over the next month.
Banco Bradesco (BBD) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Here is how Banco Bradesco (BBD) and Capital City Bank (CCBG) have performed compared to their sector so far this year.