|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||8.60 - 8.78|
|52 Week Range||6.47 - 9.13|
|Beta (3Y Monthly)||0.08|
|PE Ratio (TTM)||17.72|
|Forward Dividend & Yield||0.46 (5.47%)|
|1y Target Est||N/A|
Brazilian state-controlled insurer BB Seguridade Participações SA said on Wednesday its board will propose returning 2.7 billion reais ($651 million) in capital it considers "excessive" to shareholders. In a securities filing, BB Seguridade said that if the proposal is approved at its shareholder meeting, the company will pay 1.35 reais per share. The insurer's parent, Banco do Brasil SA, said in a separate securities filing it may receive 1.8 billion reais as its share of the capital reduction.
Brazilian insurance holding company BB Seguridade Participacoes SA's profits this year could hit the upper end of the firm's forecast, Chief Executive Bernardo Rothe said on Wednesday. Late on Tuesday, BB Seguridade revised its 2019 profit guidance upward, after posting a second quarter profit that beat analyst expectations.
Brazil insurance holding company BB Seguridade Participações SA on Monday posted a 11.7 percent rise in first-quarter net income year-on-year, as the firm sold more insurance policies and pension contributions ...
SAO PAULO/BRASILIA, March 11 (Reuters) - State-controlled lender Banco do Brasil SA is seeking partnerships in its asset management, investment banking and debt collector units rather than listing these businesses, analysts said in notes to clients on Monday. Itaú BBA's analysts said that Chief Finance Officer Carlos Hamilton Vasconcelos Araújo said in a meeting that partnerships would be similar to those forged by BB Seguridade SA, before its initial public offering. BB Seguridade has partnerships with companies such as Principal Financial Group, Mapfre and Icatu Hartford.