Banco Bradesco Sa American Depositary Shares (BBD)
2.8850
-1.1850 (-29.12%)
NYSE · Last Trade: Oct 26th, 3:33 PM EDT
Detailed Quote
Previous Close
4.070
Open
2.950
Bid
2.880
Ask
2.890
Day's Range
2.740 - 3.050
52 Week Range
2.980 - 4.580
Volume
173,755,186
Market Cap
-
PE Ratio (TTM)
-
EPS (TTM)
-
Dividend & Yield
0.0224 (0.78%)
1 Month Average Volume
50,287,864
Chart
About Banco Bradesco Sa American Depositary Shares (BBD)
Banco Bradesco is a prominent Brazilian financial institution that offers a wide range of banking and financial services. The bank provides retail and corporate banking products, including loans, credit cards, savings accounts, and investment services. Additionally, it offers insurance, asset management, and pension solutions to its diverse clientele, which encompasses individuals, small businesses, and large corporations. With a strong presence in both urban and rural regions of Brazil, Banco Bradesco emphasizes technological innovation in its service delivery to enhance customer experience and streamline operations. The bank is recognized for its significant role in the Brazilian economy and aims to foster financial inclusion through accessible banking solutions. Read More
Rising delinquencies from government-backed loans mask lower expected losses, a trade-off that tests whether collateral quality can sustain profitability.
Banco Bradesco (NYSE:BBD) said it completed a BRL 10 billion capital increase and reported continued loan growth, higher revenue across several business lines and progress in its operating-efficiency and digital-transformation initiatives during its third-quarter earnings call.
Marcelo Noronha said
Regina Helena Jorge Nunes acquired preference shares worth ~$562,000 in a direct transaction. Bradesco shares then popped after a JPMorgan ratings upgrade.
Insider buying increased direct holdings to 264,605 shares, a 22% boost to prior equity exposure. The preferred stock traded at $17.98 per share during the acquisition, well above the $3.43 market close for common shares that same day.
De Oliveira more than doubled his direct stake, raising his exposure to the financial services giant after a modest 5% stock return over the past year.
Juliano Ribeiro Marcilio's acquisition expands his direct stake by 23%, signaling confidence in the Brazilian bank despite modest recent stock performance.
Bueno's acquisition increased his direct holding by 20%, bringing total shares to 336,549. The purchase price of $17.98 per share contrasts sharply with the stock's subsequent market valuation.
Jose Augusto Ramalho Miranda bought at $17.98 per share, a significant premium to current market levels, signaling strong conviction in the bank's value.
Insider purchased shares at $17.98 each, well above the $3.43 market close on transaction date, signaling confidence despite recent valuation disconnect.
Panico's acquisition represents 31% of his prior equity stake, bringing his direct position to nearly 185,000 shares despite a significant gap between purchase and current market prices.
Tescarolo's $1.0 million purchase at $17.98 per share represents a 24% increase to his direct equity stake, signaling insider confidence in the Brazilian banking firm.
Machado acquired 62,048 shares at $17.98 each, expanding her direct stake by 36% to roughly 235,000 shares. The purchase occurred while the Brazilian bank's one-year return stood at 5%.