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Banco do Brasil SA (BBAS3.SA)

BBAS3.SA on Sao Paolo Stock Exchange

27.83BRL
1 Dec 2016
Change (% chg)

R$ -0.67 (-2.35%)
Prev Close
R$ 28.50
Open
R$ 28.00
Day's High
R$ 28.20
Day's Low
R$ 27.40
Volume
2,062,700
Avg. Vol
8,856,605
52-wk High
R$ 29.46
52-wk Low
R$ 12.52

BBAS3.SA

Chart for BBAS3.SA

About

Banco do Brasil SA is a Brazil-based company principally engaged in the financial sector. The Company’s activities are divided into five segments: banking, investments, asset management, security and types of payment. The Bank also participates in other economic activities, such as leasing and operational support. The Bank has... (more)

Overall

Beta: 1.93
Market Cap(Mil.): R$ 81,177.27
Shares Outstanding(Mil.): 2,865.42
Dividend: 0.11
Yield (%): 6.73

Financials

  BBAS3.SA Industry Sector
P/E (TTM): 8.25 14.87 15.83
EPS (TTM): 3.43 -- --
ROI: -- 0.01 0.44
ROE: 11.79 17.33 16.61

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.

Nov 28 2016

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.

Nov 21 2016

UPDATE 3-Banco do Brasil downsizes to bolster returns, pivots to digital

SAO PAULO, Nov 21 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.

Nov 21 2016

Banco do Brasil seeks streamlining as digital services gain room

SAO PAULO, Nov 21 Banco do Brasil SA's plan to save as much as 3.05 billion reais ($903 million) by shedding up to 18,000 jobs stems from the need to be a stronger digital player, boost returns and catch up with rivals, Chief Executive Office Paulo Rogêrio Caffarelli said on Monday.

Nov 21 2016

UPDATE 1-Banco do Brasil to reduce branches, offer early retirements

RIO DE JANEIRO, Nov 20 State-controlled Banco do Brasil SA, in ongoing efforts to cut costs, in a securities filing said it would close 402 branches, downsize another 379 and give early retirements to employees who accept terms proposed during an offer period ending Dec. 9.

Nov 20 2016

Banco do Brasil to reduce branches, offer early retirements

RIO DE JANEIRO, Nov 20 State-controlled Banco do Brasil SA, in ongoing efforts to cut costs, in a securities filing said it would close 402 branches, downsize another 379 and give early retirements to employees who accept terms proposed during an offer period ending Dec. 9.

Nov 20 2016

Banco do Brasil sees room for further loan repricing next year

SAO PAULO, Nov 11 Banco do Brasil SA will have ample room to raise or renegotiate the interest it charges on new loans throughout next year, in an indication that the nation's largest bank by assets is putting profitability on the forefront as economic conditions improve.

Nov 11 2016

UPDATE 2-Banco do Brasil cuts ROE target after rise in bad debt provisions

SAO PAULO, Nov 10 State-controlled Banco do Brasil SA has cut a key profitability target for this year after missing third-quarter profit forecasts, hit by an unexpected build-up in provisions against losses on a loan to an unidentified oil and gas firm.

Nov 10 2016

Banco do Brasil sees weaker profitability trends this year

SAO PAULO, Nov 10 Banco do Brasil SA, the nation's largest bank by assets, announced on Thursday the following operating estimates for this year:

Nov 10 2016

Banco do Brasil misses profit estimate on taxes, expenses

SAO PAULO, Nov 10 State-controlled Banco do Brasil SA missed third-quarter profit estimates on Thursday, after a jump in taxes and non-interest expenses more than offset robust interest income trends at the nation's largest bank by assets.

Nov 10 2016

Earnings vs. Estimates