|Bid||8.09 x 1100|
|Ask||8.29 x 100|
|Day's Range||8.14 - 8.24|
|52 Week Range||5.49 - 13.09|
|Beta (3Y Monthly)||0.68|
|PE Ratio (TTM)||13.25|
|Forward Dividend & Yield||0.06 (0.66%)|
|1y Target Est||N/A|
Brazilian banking lobby Febraban is going to deliver proposals aimed at reducing loan interest rates to President-elect Jair Bolsonaro, Bradesco's Chief Executive Octavio de Lazari told Reuters on Tuesday. ...
“Long-awaited projects are being brought back to life,” he said Tuesday in an interview at Bloomberg’s headquarters in New York. The victory of conservative lawmaker Jair Bolsonaro in October’s presidential election could lift Brazilian banks as reforms promise years of strong earnings growth, Morgan Stanley analysts said in a report last week. Bradesco is betting on growth, and sees lending to companies as “a mission,” Lazari said.
Investing in small-cap stocks has historically been a way to outperform the market, as small-cap companies typically grow faster on average than the blue chips. That outperformance comes with a price, however, as there are occasional periods of higher volatility. The time period since the end of the third quarter is one of those periods, […]
is planning to rebuild its presence in Brazil three years after selling most operations in the country, as new chief executive John Flint works towards his target of putting Europe’s largest bank back into “growth mode”. Executives are discussing bulking up the São Paulo-based investment bank in order to win back domestic corporate clients.
Moody's América Latina (Moody's) has assigned provisional ratings of (P) Ba1 (Global Scale, Local Currency) and (P) Aaa.br (Brazilian National Scale) to the 1st and 2nd series of agribusiness certificates ("certificados de recebíveis do agronegócio" or CRA) issued by Vert Companhia Securitizadora (Vert, the Issuer or the Securitizadora).
Moody's America Latina (Moody's) has assigned ratings of A3 (sf) (Global Scale, Local Currency) and Aaa.br (sf) (Brazilian National Scale) to the second issuance of Senior Shares of Fundo de Investimento em Direitos Creditórios Mercantis Auto Peças, a securitization backed by a pool of trade receivables originated by Goodyear do Brasil Produtos de Borracha Ltda. The ratings are assigned to the sole class of shares. ** Eligibility criteria requiring that the receivable are fully eligible for coverage under a credit insurance policy.
In October the Russell 2000 ETF (IWM) lagged the larger S&P 500 ETF (SPY) by about 4 percentage points as investors worried over the possible ramifications of rising interest rates. The hedge funds and institutional investors we track typically invest more in smaller-cap stocks than an average investor (i.e. only 298 S&P 500 constituents were […]
Now they’re joining forces to create a new quantitative fund in Brazil. Renato Naigeborin, the former head of equity-trading strategies at Banco Bradesco SA, and Jayme Fernandez, previously JPMorgan Chase & Co.’s head of Latin America equity trading, plan to start raising money in the first quarter, mostly among local family offices and private-banking companies. “The initial idea for each strategy comes from our market experience,” Naigeborin, 48, said in an interview in Sao Paulo.
Banco Bradesco SA, Brazil's second-largest private lender, expects to boost the profitability next year of retail clients acquired in its purchase of the local unit of HSBC Holdings Plc, Chief Executive Octavio de Lazari said on Thursday. Bradesco bought HSBC's Brazil operations in August 2015 for $5.2 billion reais — as the seller joined a string of foreign lenders departing one of the world's most concentrated banking markets.
Brazil's second largest private lender Banco Bradesco SA reported on Thursday a 13.7 percent rise in third-quarter profit over a year earlier as loan-loss provisions declined, but it just missed analysts ...
Investment company Seafarer Capital Partners, LLC buys Alibaba Group Holding, sells Infosys, Bank Bradesco SA, Taiwan Semiconductor Manufacturing Co during the 3-months ended 2018-09-30, according to the ...
PRA Group (PRAA) and RCB Investimentos partner Banco Bradesco S.A. to provide enhanced solutions to its partners, investors and in-house staff.
Fidelity National Information Services (FIS) signs deal to spin off the company's joint venture with Banco Bradesco, in order to gain flexibility for conducting business in Brazil.
Brazil's Banco Bradesco SA has acquired a 65 percent stake in the Brazilian subsidiary of PRA Group Inc for an undisclosed amount, the bank said in a securities filing on Tuesday. PRA Group is a financial ...
Brazil's largest payment processor, Cielo SA, will start selling mobile phones that also function as card reader machines in partnerships with carriers Claro and TIM Participacoes SA, executive vice-president ...
The Chief Executive Officer of Banco Bradesco SA, Brazil's second largest private lender, said on Tuesday he expects the dollar to weaken to 3.80 reais after the country’s presidential election. Octavio de Lazari told analysts in a meeting in Sao Paulo the uncertainty of a wide open race is weighing on the local currency, and once there is a clearer definition the real should strengthen. Lazari said he does not expect a higher dollar rate to seriously hurt Brazilian companies, which have a low percentage of their debt indexed to foreign currency.
Brazil's second largest private lender, Banco Bradesco SA, is targeting 43 million clients who do not hold checking accounts to increase its cross-selling of financial products, Chief Executive Officer ...
Defaults at Brazil's Banco Bradesco SA are likely to keep falling through year-end, investor relations head Carlos Firetti told reporters in a conference call on Thursday, a sign of improved asset quality ...
Brazil's second largest private lender Banco Bradesco SA beat second quarter net income estimates on Thursday, as loan-loss provisions declined. Bradesco reported recurring net income of 5.161 billion ...