BBDO - Banco Bradesco S.A.

NYSE - NYSE Delayed Price. Currency in USD
7.48
+0.02 (+0.27%)
As of 11:51AM EDT. Market open.
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Previous Close7.46
Open7.29
Bid7.39 x 1200
Ask7.43 x 1000
Day's Range7.26 - 7.48
52 Week Range5.49 - 11.33
Volume2,327
Avg. Volume22,667
Market Cap69.326B
Beta (3Y Monthly)0.34
PE Ratio (TTM)10.69
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.05 (0.59%)
Ex-Dividend Date2019-05-03
1y Target EstN/A
Trade prices are not sourced from all markets
  • Moody's6 days ago

    Driver Brasil Four Banco Volkswagen Fundo de Investimento em Direitos Creditorios - Financiamento de Veiculos -- Moody's assigns provisional ratings to Driver Brasil Four FIDC, a Brazilian auto loan securitization

    Moody's América Latina has assigned provisional ratings to the senior shares to be issued by Driver Brasil Four Banco Volkswagen Fundo de Investimento em Direitos Creditórios Financiamento de Veículos (Driver Brasil Four FIDC), a securitization backed by a static pool of auto loans originated by Banco Volkswagen S.A. (not rated). Upon conclusive review of all documents and legal information as well as any subsequent changes in information, Moody's will endeavor to assign definitive ratings to this transaction.

  • Reuters17 days ago

    Brazil's Bradesco to buy Florida bank to focus on wealthy individuals

    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.

  • Wall Street Loses Acquisition-Finance Race to Locals in Brazil
    Bloomberg21 days ago

    Wall Street Loses Acquisition-Finance Race to Locals in Brazil

    Engie SA’s purchase of a Petrobras gas pipeline is a case in point. As it became clear the French energy firm was ahead in the bidding, Banco Bradesco SA’s Bruno Boetger met with Engie executives in Paris, offering financing for the purchase with terms that beat even the company’s own adviser on the deal, Citigroup Inc. When Engie won the bidding in April, Brazilian banks took the biggest share of the $8.6 billion financing. Japanese and European banks participated, but U.S. lenders got shut out entirely.

  • Reuters23 days ago

    Brazil's antitrust watchdog investigates Banco Bradesco

    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 ...

  • Reuters28 days ago

    Brazil's Bradesco Q1 meets forecasts, sees asset quality gains

    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.

  • Reuters28 days ago

    Brazil's Banco Bradesco hits profit estimates as loan picks up

    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 ...

  • Reuters2 months ago

    Brazil's Bradesco optimistic on pension reform approval

    Banco Bradesco SA, Brazil's second-largest private lender, is optimistic about the chance of approval of the country's pension reform plan, executives said on Tuesday. Bradesco expects the reform to be approved by the lower house of Congress by July, director Bruno Boetger said at a conference in Sao Paulo. Bradesco predicts the eventual approval of the proposal will unleash an inflow of foreign investments of up to $150 billion, Boetger said.

  • Were Hedge Funds Right About Betting On Banco Bradesco SA  (BBD)?
    Insider Monkey2 months ago

    Were Hedge Funds Right About Betting On Banco Bradesco SA (BBD)?

    World-class money managers like Ken Griffin and Barry Rosenstein only invest their wealthy clients' money after undertaking a rigorous examination of any potential stock. They are particularly successful in this regard when it comes to small-cap stocks, which their peerless research gives them a big information advantage on when it comes to judging their worth. […]

  • PRA Group (PRAA) Q4 2018 Earnings Conference Call Transcript
    Motley Fool3 months ago

    PRA Group (PRAA) Q4 2018 Earnings Conference Call Transcript

    PRAA earnings call for the period ending December 31, 2018.

  • Reuters4 months ago

    Brazil's Itaú Unibanco shares drop as bank sets tepid targets

    Brazil's largest private lender Itaú Unibanco Holding SA set weaker-than-expected targets for 2019 on Tuesday, sending preferred shares down 2.9 percent in early trading, even as profitability was expected to improve. Itaú forecast loan book growth of 8 to 11 percent in 2019, better than 6.1 percent expansion last year, but lower compared with competitors' goals, according to analysts. Last week, Banco Bradesco SA said its loan book will grow up to 13 percent in 2019.

  • Reuters4 months ago

    Brazil's Banco Bradesco sets aggressive 2019 targets, including potential acquisitions

    Banco Bradesco SA on Thursday posted forecast-beating quarterly earnings and set more aggressive targets for 2019, including eyeing upcoming government asset sales, sending the Brazilian lender's shares to a record high. Brazil's second-largest privately owned bank reported a 19.9 percent rise in fourth-quarter profit over a year earlier and beat analysts' average estimate on lower loan-loss provisions. Recurring net income at Banco Bradesco came in at 5.830 billion reais ($1.58 billion) in the fourth quarter, above the average Refinitiv estimate of 5.526 billion reais.

  • Reuters4 months ago

    Brazil's Banco Bradesco shuffles management in bid to boost revenue

    In his first major management reshuffle since taking the helm of Brazil's Banco Bradesco SA , Chief Executive Officer Octavio de Lazari has cut the number of executive vice-president positions as part of a consolidation to boost revenue. The country's second largest private lender said in a statement on Monday it was reducing the number of executive vice presidents from six to four, with Josué Augusto Pancini and Mauricio Machado de Minas leaving their positions but remaining as board members. The new divisions will focus on retail, wholesale and high-income clients, while the new information technology vice-president position will support all business areas, Bradesco said.

  • Reuters4 months ago

    FOCUS-How Santander's Brazil unit is driving growth with car loans

    At BM Multimarcas, a used-car dealer on the outskirts of Sao Paulo, owner Santel de Abreu Bernardo can show you jalopies that most big banks would not touch. It has grabbed 25 percent of the market for car loans in Latin America's largest country, in part by extending credit to borrowers shunned by other mainstream banks. There are risks to Santander's strategy, as any used-car veteran will tell you.

  • Reuters4 months ago

    Focus: How Santander's Brazil unit is driving growth with car loans

    At BM Multimarcas, a used-car dealer on the outskirts of Sao Paulo, owner Santel de Abreu Bernardo can show you jalopies that most big banks would not touch. It has grabbed 25 percent of the market for car loans in Latin America's largest country, in part by extending credit to borrowers shunned by other mainstream banks. There are risks to Santander's strategy, as any used-car veteran will tell you.

  • Dow Jones Trails Nasdaq In Choppy Trade; Will This Badly Hit Stock Market Sector Reign In 2019?
    Investor's Business Daily5 months ago

    Dow Jones Trails Nasdaq In Choppy Trade; Will This Badly Hit Stock Market Sector Reign In 2019?

    The Nasdaq composite, boosted in part by strength in hard hit FANG stocks, is outperforming the Dow Jones industrial average in stocks today.

  • Reuters5 months ago

    Brazil's Bradesco sees consumer loans growing up to 11 pct in 2019 - CEO

    The chief executive of Brazil's second-largest lender Banco Bradesco SA said consumer loans in the country could grow by up to 11 percent this year as the economy rebounds. Octavio de Lazari, who was in ...

  • Do Hedge Funds Love Banco Bradesco SA (BBD)?
    Insider Monkey5 months ago

    Do Hedge Funds Love Banco Bradesco SA (BBD)?

    How do we determine whether Banco Bradesco SA (NYSE:BBD) makes for a good investment at the moment? We analyze the sentiment of a select group of the very best investors in the world, who spend immense amounts of time and resources studying companies. They may not always be right (no one is), but data shows […]

  • Reuters5 months ago

    Brazil's Bradesco widens data trawl in bid to boost lending

    Brazil's Banco Bradesco SA expects to boost many clients' credit limits in 2019 thanks to new tools that will better measure outside income from sources like freelance jobs and rental properties, an executive said on Thursday. The new measures will boost the assessed value of account holders' total pay by an average of 41 percent, Bradesco Executive Vice President Eurico Fabri said in an interview. Banks and credit reporting firms increasingly are looking beyond conventional tools to understand clients' default risk.

  • Moody's5 months ago

    Fundo de Investimento em Direitos Creditorios Clientes BRF -- Moody's assigns definitive ratings to senior and mezzanine shares of FIDC Clientes BRF, a Brazilian trade receivables securitization

    Rating Action: Moody's assigns definitive ratings to senior and mezzanine shares of FIDC Clientes BRF, a Brazilian trade receivables securitization. Global Credit Research- 14 Dec 2018. BRL 787.5 million ...

  • Reuters5 months ago

    Bradesco rules out delisting card processor Cielo

    Bradesco SA, Brazil's second largest private bank, has no plans to delist card processor Cielo SA, the bank's Chief Executive Octavio de Lazari told reporters on Friday. Lazari said Cielo remains a 'good ...

  • Moody's6 months ago

    Vert Companhia Securitizadora - 1ª e 2ª Séries da 20ª Emissão de CRA -- Moody's assigns Ba1 / Aaa.br definitive ratings to the 1st and 2nd series of the 20th issuance of agribussines certificates issued by Vert Companhia Securitizadora

    Moody's América Latina (Moody's) has assigned definitive ratings of Ba1 (Global Scale, Local Currency) and 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's6 months ago

    Fundo de Investimento em Direitos Creditorios Clientes BRF -- Moody's assigns provisional ratings to senior and mezzanine shares of FIDC Clientes BRF, a Brazilian trade receivables securitization

    Moody's America Latina has assigned provisional ratings of (P) Baa3 (sf) (Global Scale, Local Currency) and (P) Aaa.br (sf) (Brazilian National Scale) to the senior shares, (P) Ba3 (sf) (Global Scale, ...

  • Reuters6 months ago

    Bradesco CEO says Brazil banks to deliver proposal to cut loan rates

    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. ...