Banco Bradesco SA (BBDO.N)
18 Jul 2014
|Market Cap (Mil.):||R$ 147,654.30|
|Shares Outstanding (Mil.):||4,207.27|
(Recasts with details on trends on interest margins, executive comments, share performance throughout)
SAO PAULO, July 31 - Banco Bradesco SA, Brazil's second-largest private-sector lender, beat second-quarter profit estimates by a large margin on Wednesday after managing to incorporate the impact of higher borrowing costs into earnings.
BRASILIA, July 30 - Banco Bradesco SA and Banco Santander Brasil SA have agreed to extend new loans to power distributors, a government source told Reuters on Wednesday, asking not to be named because the loans had not been announced.
(The following statement was released by the rating agency) NEW YORK/SAO PAULO, July 21 (Fitch) Fitch Ratings has affirmed the ratings of Banco Bradesco S.A. (Bradesco), Itau Unibanco Holding S.A. (IUH), Itau Unibanco S.A. (Itau Unibanco), and Banco Itau BBA S.A. (IBBA) A full list of rating actions follows at the end of this release. The Rating Outlook is Stable. IUH and Bradesco are the largest private sector financial groups in Brazil. They are present in a wide range of lending segments
SAO PAULO, July 21 - Brazilian state development bank BNDES and a pool of commercial lenders could extend an additional 6.5 billion reais ($2.9 billion) in emergency credit to electricity distributors as drought causes power rates to soar, newspaper O Estado de S. Paulo said on Monday.
SAO PAULO, July 11 - Banco Bradesco SA's 3 percent stake in Portugal's Banco Espírito Santo SA is small and poses no significant impact to Brazil's second-largest private-sector lender, Chief Executive Officer Luiz Carlos Trabuco told a local newspaper on Friday.
RIO DE JANEIRO, April 24 - Brazilian stocks edged lower on Thursday as geopolitical tension in Ukraine offset a surge in banking shares, which followed Bradesco's higher-than-expected first-quarter profit. Investors' appetite for risk in emerging markets subsided as Russia launched army drills near the border of Ukraine after the killing of up to five pro-Moscow rebels by Ukrainian forces. Concern about an escalation of the Russia-Ukraine crisis put a lid on Brazil's benchmar
(Recasts with Bradesco's view on lending rates, comments, share performance)
Banco do Brasil SA, Banco Bradesco SA, two of Brazil's largest commercial lenders, and card payment processor Cielo SA agreed to create a new payment settlement system for e-commerce transactions, according to a securities filing on Wednesday.
SAO PAULO/MADRID - Banco Santander Brasil SA agreed to acquire Brazil card payment processor GetNet Tecnologia SA for about 1.1 billion reais ($493 million) in a step aimed at gaining market share.