Market Overview

Bradesco Q4 Profit Up 5.3%

Related BBD
Another Crazy Week For The Brazilian Real & Bovespa
The Crazy Week Of The Brazilian Real
Petrobras no longer a buy for Mobius (Seeking Alpha)

Brazil's Banco Bradesco SA (NYSE: BBD) reported a 5.3% rise in its fourth-quarter profit.

Bradesco's quarterly net income, excluding one-time items, surged to 2.918 billion reais ($1.44 billion). However, analysts were expecting recurring net income of 2.950 billion reais.

Bradesco shares closed at $18.82 on Friday.

Posted-In: profitEarnings News


Related Articles (BBD)

View Comments and Join the Discussion!

Get Benzinga's Newsletters