Edition:
United States

Banco do Brasil SA (BBAS3.SA)

BBAS3.SA on Sao Paolo Stock Exchange

27.80BRL
3:49pm EDT
Change (% chg)

R$ 0.68 (+2.51%)
Prev Close
R$ 27.12
Open
R$ 27.70
Day's High
R$ 28.44
Day's Low
R$ 27.60
Volume
10,879,000
Avg. Vol
7,433,102
52-wk High
R$ 35.39
52-wk Low
R$ 15.39

Latest Key Developments (Source: Significant Developments)

BB and BB Seguridade end partnership talks with Correios
Friday, 7 Oct 2016 09:06am EDT 

Banco do Brasil : Said on Thursday it ended negotiations to establish strategic partnership with Brazilian Postal and Telegraph Company ("Correios") . The agreement for distribution of Banco do Brasil's products and services at the Correios network (Banco Postal) is valid until Dec. 12 . Will analyse its participation in an upcoming partner selection process to be held by Correios based on conditions set out in the Public Selection Notice .BB Segurigade also said it ended talks with Correios without formalising a partnership.  Full Article

Banco do Brasil announces Q3 own capital interest payment
Thursday, 1 Sep 2016 11:35am EDT 

Banco do Brasil SA : Said on Wednesday that its board of directors approved own capital interest payment for Q3, totalling 352.7 million Brazilian reais ($108.6 million) and corresponding to 0.1267 real per share . Payment date is Sep. 30 . Record date is Sep. 12 .Shares to be traded ex-interest as of Sep. 13.  Full Article

Banco do Brasil announces complementary own capital interest payment for Q2
Friday, 12 Aug 2016 08:54am EDT 

Banco do Brasil SA : Said on Thursday that its board on directors has approved to pay complementary own capital interest for Q2 2016, totalling 380.9 million Brazilian reais ($120.8 million), corresponding to 0.1368 real per share . Own capital interest to be adjusted by the Selic rate as of the balance date of June 30 and up to the payment date of Aug 31 . Record date is Aug 22 .Shares to be traded ex-interest as of Aug 23.  Full Article

Banco do Brasil announces Q2 own capital interest payment
Monday, 30 May 2016 08:11am EDT 

Banco do Brasil SA : Announced on Friday that it approved own capital interest payment for Q2, totalling 383.6 million Brazilian reais ($106.3 million), corresponding to 0.1378 real per share . Payment on June 30 . Record date on June 13 .Shares to be traded ex-interests as of June 14.  Full Article

Banco do Brasil picks new VP for services, infrastructure
Tuesday, 17 May 2016 08:30am EDT 

Banco do Brasil SA , Brazil's largest bank, announced on Tuesday the appointment of João Silva Maia as vice president. : Banco do Brasil says Silva Maia will head Services, Infrastructure and Operations division ((Marcelo.Teixeira@thomsonreuters.com;)).  Full Article

Banco do Brasil announces Q1 complementary own capital interest payment
Friday, 13 May 2016 10:33am EDT 

Banco do Brasil SA : Announced on Thursday that it approved complementary own capital interest payment for Q1, totalling 372.3 million Brazilian reais ($106.0 million), corresponding to 0.1337 real per share . Payment date May 31 . Record date May 23 .Shares to be traded ex-interests as of May 24.  Full Article

Banco do Brasil SA announces Q1 own capital interest payment
Wednesday, 2 Mar 2016 06:58am EST 

Banco do Brasil SA:Says on March 1 it approved own capital interest payment for Q1, totaling 274.5 million Brazilian reais, corresponding to 0.0983 real per share.This value to be imputed to obligatory minimum dividend for H1.Payment date March 31.Record date March 11.Shares to be traded ex-interests as of March 14.  Full Article

Banco do Brasil SA announces Q3 own capital interest payment
Friday, 28 Aug 2015 08:09am EDT 

Banco do Brasil SA:Says it approved own capital interest payment for the third quarter of fiscal year 2015 in the total amount of 743.0 million Brazilian reais.Sets value per share at 0.266 real for own capital interest payment.Payment on Sept. 30.Record date Sept. 11.Ex-interest date Sept. 14.  Full Article

Banco do Brasil SA announces dividend and own capital interest payment
Thursday, 13 Aug 2015 08:27am EDT 

Banco do Brasil SA:Says on Aug. 11 it approved own capital interest of total amount of 347.3 million Brazilian reais and dividend payment in the total amount of 39.0 million Brazilian reais, for the second quarter of fiscal year 2015.Sets value per share at 0.014 real for dividends and 0.126 real for own capital interest payment.Payment on Sept. 1.Record date Aug. 21.Ex-interest date Aug. 24.  Full Article

More From Around the Web

UPDATE 3-Banco do Brasil sees defaults stabilizing despite rising write-offs

SAO PAULO, May 11 Efforts to tighten credit risk standards for corporate borrowers should help stabilize delinquencies at Banco do Brasil SA, executives said after the state-controlled bank reported a lower-than-expected quarterly profit in the wake of soaring write-offs for bad loans.