9.18 0.00 (0.00%)
After hours: 4:09PM EDT
|Bid||9.22 x 40000|
|Ask||9.23 x 40700|
|Day's Range||9.15 - 9.31|
|52 Week Range||5.42 - 10.47|
|Beta (3Y Monthly)||-0.04|
|PE Ratio (TTM)||13.11|
|Forward Dividend & Yield||0.21 (2.20%)|
|1y Target Est||9.92|
NCR's impending purchase of a minority stake in Bradesco's assets within NCR Manaus will complement its efforts to expand foothold in Brazil.
Odebrecht SA's failure to sell its controlling stake in petrochemical company Braskem SA to LyondellBasell Industries NV and lack of cash are complicating the task of restructuring 80 billion reais ($20.67 billion) in debt owed by the corruption-ensnared conglomerate, three sources with knowledge of the matter said. The conglomerate was counting on Braskem dividends to service its debt. LyondellBasell said on Tuesday it ended talks with Odebrecht SA to buy Braskem "after careful consideration" but did not elaborate further.
Brazilian prosecutors are considering a civil lawsuit against Banco Bradesco SA , as they believe the country's second-largest private-sector bank may have failed to prevent corruption schemes, Valor Econômico ...
Prosecutors in Brazil criticized compliance standards at Brazilian bank Banco Bradesco SA on Tuesday, after requesting that a federal court issue an arrest warrant for two branch managers allegedly involved in a vast money laundering scheme. In a statement, federal prosecutors in Rio de Janeiro asked for the temporary jailing of Tânia Maria Aragão de Souza Fonseca and Robson Luiz Cunha Silva, both bank managers in the city.
Banco Bradesco SA has embarked on its first-ever international acquisition by paying approximately $500 million to buy BAC Florida Bank , which focuses on high-net-worth individuals in a move intended to close the gap with Brazilian rivals. Based in Coral Gables, BAC Florida is controlled by Grupo Pellas, which was founded in 1877 in Nicaragua. After the deal closes, Bradesco said its main goal is to provide a wide range of financial services in the United States to Bradesco clients and lure new customers to BAC Florida.
Transaction Allows Expansion of Its Business to High Net Worth and Affluent Clients in The U.S. SAO PAULO , May 6, 2019 /PRNewswire/ -- Bradesco announces its entry into an agreement to acquire BAC Florida ...
Brazil's antitrust watchdog CADE opened an investigation into Banco Bradesco SA for anti-competitive practices against financial startup Guiabolso, according to a CADE statement on Tuesday. The watchdog ...
SAO PAULO , April 30, 2019 /PRNewswire/ -- Banco Bradesco S.A. (B3: BBDC3, BBDC4; NYSE: BBD, BBDO and Latibex: XBBDC) informs that its Form 20-F for 2018 was filed with the United States Securities and ...
Brazil's No. 2 private-sector lender Banco Bradesco SA posted a 22 percent gain in quarterly recurring net income, meeting forecasts, as default ratios hit all-time lows. Bradesco managed to grow its loan book at a fast pace while improving asset quality. It was the latest sign of strength for Brazil's top banks even as the country's economy struggles to recover.
SAO PAULO , April 25, 2019 /PRNewswire/ -- The main figures obtained by Bradesco (BM&FBovespa: BBDC3; BBDC4, NYSE: BBD) are presented below: 1. Recurring Net Income in the 1 st quarter recorded R$6.2 billion ...
Brazil's second largest private lender Banco Bradesco SA hit first-quarter analysts' estimates for profit on Thursday, as its loan book grew and loan-loss provisions fell. Bradesco's recurring net income ...
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Banco Bradesco S.A. New York, April 24, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Banco Bradesco S.A. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.