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Banco do Brasil SA (BBAS3.SA)

BBAS3.SA on Sao Paolo Stock Exchange

32.91BRL
17 Feb 2017
Change (% chg)

R$ 0.02 (+0.06%)
Prev Close
R$ 32.89
Open
R$ 32.63
Day's High
R$ 33.24
Day's Low
R$ 32.42
Volume
10,704,800
Avg. Vol
8,059,397
52-wk High
R$ 33.24
52-wk Low
R$ 12.70

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Fri, Feb 17 2017

Banco do Brasil seeks faster digital banking rollout to fan returns

SAO PAULO, Feb 17 Banco do Brasil SA will accelerate the rollout of digital banking products for 63 million clients as a way to boost profitability and reduce operational costs, Chief Executive Officer Paulo Rogêrio Caffarelli said on Friday.

UPDATE 4-Banco do Brasil sets profitability as priority over market share

SAO PAULO, Feb 16 Brazilian state-controlled Banco do Brasil SA will put profitability above market share to reduce a return-on-equity gap with private-sector peers, Chief Executive Officer Paulo Rogêrio Caffarelli said on Thursday.

Banco do Brasil to put profitability first to cut ROE gap with peers

SAO PAULO, Feb 16 Profitability will come first over market share position for Banco do Brasil SA, as part of efforts to reduce an existing return-on-equity gap with private-sector peers, Chief Executive Officer Paulo Rogêrio Caffarelli said on Thursday.

Banco do Brasil misses estimates as provisions climb

SAO PAULO, Feb 16 Banco do Brasil SA, the country's largest bank by assets, missed fourth-quarter profit estimates on Thursday as a bigger-than-expected jump in loan-loss provisions offset resilient interest and fee income.

Banco do Brasil sees recurring profit rising by up to 66 pct this year

SAO PAULO, Feb 16 State-controlled Banco do Brasil SA, Brazil's biggest bank by assets, announced on Thursday the following operating estimates for this year:

UPDATE 1-Banco do Brasil shares fall after profitability guidance slashed

SAO PAULO, Jan 9 Shares in Banco do Brasil SA suffered their biggest drop in almost a month on Monday after the country's No. 1 bank by assets cut profitability targets and raised loan-loss provision estimates for 2016.

Banco do Brasil plunges after ROE guidance slashed

SAO PAULO, Jan 9 Shares in Banco do Brasil SA took their biggest plunge in almost a month on Monday after the country's largest bank by assets cut estimated profitability targets and raised loan-loss provision metrics for 2016.

BRIEF-Fitch Brazil public banks' cost cutting is credit positive

* Fitch: brazil public banks' cost cutting is credit positive

Banco do Brasil CEO rules out IPO of credit card unit -newspaper

SAO PAULO, Nov 28 Brazilian lender Banco do Brasil SA will not make an initial public offering (IPO) of its credit card unit, according to an interview with its chief executive published by newspaper Folha de S.Paulo on Monday.

Banco do Brasil downsizes to bolster returns, pivots to digital

SAO PAULO Banco do Brasil SA plans to save up to 3.1 billion reais ($900 million) in coming years by shedding up to 18,000 jobs and shutting hundreds of branches, the latest step by Chief Executive Officer Paulo Caffarelli to bolster profitability.

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