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Bradesco's CEO says not possible to say the worst of the crisis is over
Bradesco CEO says current crisis is more severe than previous ones
Brazil's Bradesco CEO: digital bank Next to reach break-even this year
Banco Bradesco S.A. is a commercial bank. The Bank offers a range of banking and financial products and services in Brazil and abroad to individuals, large, mid-sized and small companies, and local and international corporations and institutions. Its segments include Financial; Insurance and Capitalization bonds; Pension plans, and Other Activities. The Financial segment consists of financial institutions and holding companies, which are responsible for managing financial resources, and credit card, consortium and asset management companies. The Insurance Group segment comprises insurance, pension plan and capitalization bond companies. It offers banking services, including deposit-taking activities, individual and corporate banking services, credit and debit cards, leasing operations, investment banking, asset management, consortium services and others. Its insurance services include health insurance, life and personal accident insurance, automobile, casualty and pension plans.
Cidade de Deus
4 andar do Predio Vermelho, Vila Yara
Luiz Carlos Trabuco Cappi
Chairman of the Board
Octavio de Lazari
Chief Executive Officer
Carlos Alberto Rodrigues Guilherme
Vice Chairman of the Board
Andre Rodrigues Cano
Chief Financial Officer, Executive Vice President
Marcelo de Araujo Noronha
Executive Vice President
Price To Earnings (TTM)
Price To Sales (TTM)
Price To Book (MRQ)
Price To Cash Flow (TTM)
Total Debt To Equity (MRQ)
LT Debt To Equity (MRQ)
Return on Investment (TTM)
Return on Equity (TTM)
Brazil's second largest lender, Banco Bradesco SA <BBDC4.SA>, said on Friday it is considering a potential initial public offering of the card network Elo Servicos SA, in which it has a stake.
Banco do Brasil SA is in talks with Banco Bradesco SA about a potential division of the payments assets they jointly hold, Chief Executive Rubem Novaes told journalists on Thursday.
Brazilian lender Banco Bradesco SA <BBDC4.SA> plans to have employees work from home an average of one week per month permanently in order to save on rent and sell some real estate, Chief Executive Octavio de Lazari Junior said in an interview.
Brazil's Banco Bradesco SA set aside more than 3.8 billion reais ($732.8 million) for potential COVID-19-related loan losses and is tightening a grip on costs, as its chief executive says the economic outlook is still ambiguous.
Brazilian lender Banco Bradesco SA said on Friday it had started to test branch employees for COVID-19, the first part of a program planned for almost all of its nearly 100,000 employees.
Brazilian lender Banco Bradesco SA <BBDC4.SA> is setting aside 2.7 billion reais ($506.1 million) for expected COVID 19-related loan losses and may provision more in the coming months amid what its chief executive called a more severe crisis than previous ones.
* BRAZIL'S BANCO BRADESCO CEO SAYS~ BANK TO FOCUS ON CUTTING OPERATING COSTS AMID CORONAVIRUS PANDEMIC
Brazil's second largest private-sector lender Banco Bradesco SA said on Thursday it was setting aside 2.7 billion reais ($506.11 million) to cover expected loan losses caused by the COVID-19 pandemic, after it posted a first-quarter profit that missed analysts' estimates.
Brazil's second largest private-sector bank, Banco Bradesco SA, plans to raise between 8 billion reais and 12 billion reais ($2.29 billion) through a new coronavirus-related central bank program, one of its vice presidents said in an interview on Wednesday.
Brazil's second largest private lender Banco Bradesco SA is likely to take advantage of a new central bank program to extend loans to banks using their credit portfolios as collateral, one of its vice presidents said in a call on Monday.
* BRAZIL'S BANCO BRADESCO TO REDUCE BRANCH OPENING HOURS TO 0900-1400 DUE TO CORONAVIRUS, FIRST HOUR WILL BE FOR ELDERLY PEOPLE ONLY - STATEMENT Source text for Eikon: Further company coverage: (Reporting by Carolina Mandl)
Brazil's second-largest private lender Banco Bradesco SA <BBDC4.SA> unveiled a cautious but better-than-expected outlook for 2020 on Wednesday, sending its preferred shares up by more than 4% in morning trading.
Shares in Brazil's Banco Bradesco rose as much as 4.7% in early trading on Wednesday after the bank reported a rise in fourth quarter earnings.
Brazil's second-largest private lender Banco Bradesco SA on Wednesday posted a 14% rise in fourth-quarter recurring net income from a year earlier, mainly helped by its insurance business and consumer lending.
Brazil's Economy Ministry has cleared private lender Banco Bradesco SA on a tax probe, as it could not prove that the bank tried to dodge a 3 billion real tax fine, the bank said in a securities filing.
Brazilian iron ore miner Vale SA said on Friday that it was buying back a 36.4% stake in its MBR production and transport unit from asset manager Bradesco BBI for 3.3 billion reais ($804.45 million), more than four years after selling it.
Brazil's second largest private sector lender Banco Bradesco SA will spin off its digital bank 'Next' by March 2020, chief executive Octavio de Lazari told analysts on Wednesday.
Banco Bradesco SA <BBDC4.SA>, Brazil's second-largest private sector lender, will shut roughly 300 branches in 2020, as part of a push to tackle operating expenses that ate into third-quarter earnings, its chief executive said on Thursday.
Brazil's second largest private-sector lender Banco Bradesco SA on Thursday posted a third-quarter recurring net income in line with expectations, helped by strong insurance results and consumer lending.
Lázaro de Mello Brandão, the former chairman of Banco Bradesco SA <BBDC4.SA> died on Wednesday at 93, after decades of building the bank into Brazil's second-largest private-sector lender.
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