Edition:
India

Banco Bradesco SA (BBDC3.SA)

BBDC3.SA on Sao Paulo Stock Exchange

18.63BRL
22 Sep 2020
Change (% chg)

R$ 0.19 (+1.03%)
Prev Close
R$ 18.44
Open
R$ 18.35
Day's High
R$ 18.76
Day's Low
R$ 18.33
Volume
4,357,400
Avg. Vol
6,183,870
52-wk High
R$ 32.45
52-wk Low
R$ 14.05

Latest Key Developments (Source: Significant Developments)

Bradesco's CEO says not possible to say the worst of the crisis is over
Thursday, 30 Jul 2020 

July 30 (Reuters) - :BRADESCO'S CEO SAYS NOT POSSIBLE TO SAY THE WORST OF THE CRISIS IS OVER.BRADESCO'S CEO SAYS BANK IS TESTING ALL ITS WORKERS FOR CORONAVIRUS.BRADESCO'S CEO SAYS DIGITAL BANK NEXT LIKELY TO REACH 3.5 MILLION CLIENTS BY DECEMBER.BRADESCO'S CEO SAYS BRANCHES CLOSURE TO INTENSIFY BY YEAR-END.BRADESCO'S CEO SAYS CAPITAL RATIO LIKELY TO IMPROVE BY YEAR-END.BRADESCO'S CEO SAYS BANK LIKELY TO CLOSE MORE THAN 400 BRANCHES IN 2020.BRADESCO'S CEO SAYS LOAN DELIQUENCY RATIO TO REACH PEAK BY END-YEAR, 2021.  Full Article

NCR Announces Definitive Agreement To Buy Minority Interest Banco Bradesco Holds In NCR Manaus
Tuesday, 11 Jun 2019 

June 10 (Reuters) - NCR Corp ::NCR ANNOUNCES DEFINITIVE AGREEMENT TO BUY MINORITY INTEREST BANCO BRADESCO HOLDS IN NCR MANAUS.NCR CORP - FINANCIAL DETAILS OF TRANSACTION WERE NOT DISCLOSED..NCR CORP - NCR WILL CONTINUE TO WORK WITH BRADESCO TO PROVIDE ATM SOLUTIONS..NCR CORP - CO, BANCO BRADESCO ANNOUNCED A DEFINITIVE AGREEMENT FOR NCR TO BUY THE MINORITY INTEREST THAT BRADESCO INDIRECTLY OWNS IN NCR MANAUS.  Full Article

Banco Bradesco CEO says BAC Florida may offer cheaper funding to Brazilian cos
Monday, 6 May 2019 

May 6 (Reuters) - Banco Bradesco SA ::BRAZIL'S BANCO BRADESCO CEO OCTAVIO DE LAZARI BANK NEEDED TO HAVE A UNIT IN THE US.BRAZIL'S BANCO BRADESCO CEO SAYS BAC FLORIDA MAY OFFER CHEAPER FUNDING TO BRAZILIAN COMPANIES IN THE US.BRAZIL'S BANCO BRADESCO CEO BANK DOES NOT INTEND TO BUILD A RETAIL BASE OUTSIDE BRAZIL.  Full Article

Brazil's Banco Bradesco sees higher volumes offsetting lower margins in loans - CEO
Thursday, 31 Jan 2019 

Jan 31 (Reuters) - Banco Bradesco SA ::BRAZIL'S BANCO BRADESCO SEES HIGHER VOLUMES OFFSETTING LOWER MARGINS IN LOANS - CEO.  Full Article

Banco Bradesco will analyze privatization opportunities in financial sector- CEO
Thursday, 31 Jan 2019 

Jan 31 (Reuters) - Banco Bradesco SA ::BRAZIL'S BANCO BRADESCO SEES ROOM TO REDUCE CORPORATE 90-DAY DEFAULT RATIO - CEO.PREFERRED SHARES IN BANCO BRADESCO UP 3.9 PERCENT AFTER BANK REPORTED RESULTS.BANCO BRADESCO SAYS BANK MAY CLOSE UP TO 100 BRANCHES IN 2019 - CEO.BANCO BRADESCO SAYS MINER VALE DISASTER SHOULD NOT HURT THE BANK'S INSURANCE UNIT - INSURANCE UNIT CEO.BANCO BRADESCO SAYS BANK WILL ANALYZE PRIVATIZATION OPPORTUNITIES IN FINANCIAL SECTOR- CEO.  Full Article

Banco Bradesco targets expanded loan book growth between 9 percent and 13 percent in 2019
Thursday, 31 Jan 2019 

Jan 31 (Reuters) - Banco Bradesco SA ::BANCO BRADESCO TARGETS EXPANDED LOAN BOOK GROWTH BETWEEN 9 PERCENT AND 13 PERCENT IN 2019.BANCO BRADESCO SEES INTEREST INCOME GROWTH BETWEEN 4 PERCENT AND 8 PERCENT IN 2019.BANCO BRADESCO TARGETS FEE INCOME GROWTH BETWEEN 3 PERCENT AND 7 PERCENT IN 2019.BANCO BRADESCO SEES NON-INTEREST EXPENSES GROWING UP TO 4 PERCENT IN 2019.BANCO BRADESCO TARGETS INSURANCE PREMIUM UNDERWRITING GROWTH BETWEEN 5 PERCENT AND 9 PERCENT IN 2019.BANCO BRADESCO TARGETS LOAN-LOSS PROVISION EXPENSES BETWEEN 11.5 BILLION REAIS AND 14.5 BILLION REAIS IN 2019.  Full Article

Brazil's Banco Bradesco CEO says loan book growth should speed up in 2019
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - Banco Bradesco SA ::BRAZIL'S BANCO BRADESCO CEO LAZARI SAYS NET INTEREST MARGIN HAS ALREADY BOTTOMED OUT.BRAZIL'S BANCO BRADESCO CEO LAZARI SAYS THERE IS ROOM FOR IMPROVEMENT IN DEFAULT RATIO.BRAZIL'S BANCO BRADESCO CEO LAZARI SAYS BANK MAY CONSIDER NEW BOND ISSUANCE TO INCREASE CAPITAL.BRAZIL'S BANCO BRADESCO HEAD OF IR SAYS OPERATING EXPENSES SHOULD REACH MID-POINT OF TARGET RANGE BY YEAR-END.BRAZIL'S BANCO BRADESCO HEAD OF IR SAYS RETAIL LOAN BOOK GROWTH SHOULD SPEED UP IN 2019.PREFERRED SHARES IN BRAZIL'S BANCO BRADESCO OPEN UP 3 PERCENT AFTER BANK REPORTS RESULTS.BRAZIL'S BANCO BRADESCO HEAD OF IR SAYS LOAN BOOK SHOULD GROW BETWEEN 5 AND 7 PERCENT IN 2018.BRAZIL'S BANCO BRADESCO CEO LAZARI SAYS THERE IS ROOM FOR IMPROVEMENT IN PROFITABILITY.  Full Article

Brazil's Bradesco mulls listing of broker Agora

SAO PAULO, Sept 21 Brazil's second-largest private-sector lender Banco Bradesco SA is considering a spinoff and listing of its broker unit Agora, Goldman Sachs' analysts said in a note to clients.