Banco Bradesco (BBD) to Release Earnings on Monday

Banco Bradesco (NYSE:BBD) is scheduled to post its quarterly earnings results before the market opens on Monday, August 5th. Analysts expect Banco Bradesco to post earnings of $0.08 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Banco Bradesco (NYSE:BBD) last released its quarterly earnings results on Thursday, May 2nd. The bank reported $0.08 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.01. The firm had revenue of $9.64 billion for the quarter. Banco Bradesco had a net margin of 6.70% and a return on equity of 9.55%. On average, analysts expect Banco Bradesco to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Banco Bradesco Price Performance

NYSE:BBD opened at $2.21 on Friday. The firm has a market cap of $23.56 billion, a PE ratio of 9.61, a price-to-earnings-growth ratio of 0.24 and a beta of 0.97. Banco Bradesco has a 12 month low of $2.16 and a 12 month high of $3.65. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.54. The company’s 50-day moving average price is $2.33 and its two-hundred day moving average price is $2.64.

Banco Bradesco Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, September 12th. Shareholders of record on Monday, August 5th will be given a $0.0035 dividend. The ex-dividend date of this dividend is Monday, August 5th. This represents a $0.04 dividend on an annualized basis and a yield of 1.88%. Banco Bradesco’s dividend payout ratio (DPR) is presently 13.04%.

Banco Bradesco Company Profile

Banco Bradesco SA, together with its subsidiaries, provides various banking products and services to individuals, corporates, and businesses in Brazil and internationally. The company operates through two segments, Banking and Insurance. It provides current, savings, click, and salary accounts; real estate credit, vehicle financing, payroll loans, mortgage loans, microcredit, leasing, and personal and installment credit; overdraft and agribusiness loans; debit and business cards; financial and security services; consortium products; car, personal accident, dental, travel, and life insurance; investment products; pension products; foreign currency exchange services; capitalization bonds; and internet banking services.