Banco do Brasil SA (BBAS3.SA)
R$ 0.37 (+1.27%)
|Market Cap (Mil.):||R$ 83,498.25|
|Shares Outstanding (Mil.):||2,865.42|
SAO PAULO - Strategists at HSBC Securities are recommending investors take on additional risk in Brazil, where equity markets sank about 30 percent from this year's peaks, on signs that President Dilma Rousseff will undertake gradual, more market-friendly policy adjustments ahead of her second term.
BRASILIA, Nov 19 - Brazil's largest bank, Banco do Brasil, and card payment processor Cielo SA agreed to create a joint venture worth 11.6 billion reais ($4.5 billion) to manage debit and credit card payments, both companies said in securities filings on Wednesday.
SAO PAULO, Nov 17 - State-controlled Banco do Brasil SA, Brazil's biggest bank by assets, and card payment processor Cielo SA are in talks over ways to expand the bank's credit card payment processing operations.
SAO PAULO, Nov 5 - State-run Banco do Brasil SA on Wednesday cut its estimate for loan book growth this year, a sign that management is increasingly cautious about the challenges facing the nation's economy next year.
SAO PAULO, Nov 5 - State-controlled Banco do Brasil SA's slower pace of loan book expansion during the third quarter was due to the impact of the soccer World Cup, the presidential election and a delayed start of this year's harvest, Chief Financial Officer Ivan Monteiro said on Wednesday.
SAO PAULO, Nov 5 - Banco do brasil, Brazil's largest bank by assets, trimmed on Wednesday the estimate for loan book growth this year to a range between 12 percent and 16 percent, from a prior guidance of 14 percent to 18 percent issued originally in February.
UBS Securities analysts led by Sean Glickenhaus introduced an "outperform" recommendation on state-run Banco do Brasil SA's 9 percent and 9.25 percent perpetual bonds only for long-term investors, and "market perform" on the 8.5 percent and 6.25 percent perpetual debt. In a client note released early on Tuesday, Glickenhaus said some of Banco do Brasil's perpetual debt pay compelling yields and the likelihood that the nation's biggest bank by assets hits the write-down trigger remains limited,
RIO DE JANEIRO, Oct 1 - Brazil's government has no plans to sell the shares of state-run Banco do Brasil SA owned by the nation's sovereign wealth fund, to help close a shortfall in the federal budget, a top finance ministry official said on Wednesday.
Brazil's central bank authorized state-run Banco do Brasil SA , the nation's largest lender by assets, to book 8.1 billion reais ($3.4 billion) from a capital injection made by the National Treasury as common capital and Tier 1 capital. The central bank decision, which Banco do Brasil unveiled in a securities filing on Monday, is retroactive to Aug. 28.
SAO PAULO, Aug 18 - Banco do Brasil SA, long a powerhouse in lending and insurance in Latin America's largest economy, is betting big on a segment that has traditionally been dominated by global rivals to bolster its profit outlook.
Earnings vs. Estimates
Analyst Research Reports
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Banco do Brasil SA: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
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