UPDATE 1-Banco Bradesco meets Q3 forecasts helped by insurance, consumer lending [Reuters]
Banco Bradesco Sa American Depositary Shares (each representing one Common Share) (BBDO)
US:NYSE Investor Relations:
bradescori.com.br/sitebradescori/default-en.aspx
Company Research
Source: Reuters
UPDATE 1-Banco Bradesco meets Q3 forecasts helped by insurance, consumer lending - Reuters 2 Min Read (Adds loan book, profitability, fees) By Carolina Mandl SAO PAULO, Oct 31 (Reuters) - Brazil’s second largest private-sector lender Banco Bradesco SA on Thursday posted a third-quarter recurring net income in line with expectations, helped by strong insurance results and consumer lending. Bradesco’s recurring profit came in at 6.542 billion reais ($1.64 billion) in the third quarter, up 19.6% from a year earlier and roughly in line with a Refinitiv analysts’ estimate of 6.417 billion reais. The bank’s insurance unit posted a result 7.5% higher from a year earlier, boosted by retirement plans. Bradesco’s loan book grew by 3.2% in the quarter, mainly driven by consumer lending and small companies, while loans in arrears over 90 days rose to 3.6%, up 0.4 percentage point. The bank said the rise was caused by some problems with corporate loans. Loan loss provisions also rose 4% from the s
Show less
Read more
Impact Snapshot
Event Time:
BBDO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BBDO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BBDO alerts
High impacting Banco Bradesco Sa American Depositary Shares (each representing one Common Share) news events
Weekly update
A roundup of the hottest topics
BBDO
News
- Banks Keep Plowing Billions Into Clients Threatening Rainforests [Yahoo! Finance]Yahoo! Finance
- Is Banco Bradesco (BBD) A Top Emerging Market Bank Stock To Buy Now? [Yahoo! Finance]Yahoo! Finance
- Banco Bradesco S.A. goes ex dividend tomorrow [Seeking Alpha]Seeking Alpha
- Banco Bradesco S.A. (BBD): Among the Worst Affordable Stocks to Buy Under $10 [Yahoo! Finance]Yahoo! Finance
- Undercovered ETFs You Should Know About: 12 Analysts' Picks From August-September 2024 [Seeking Alpha]Seeking Alpha