Banco Bradesco (BBDO) Scheduled to Post Earnings on Monday

Banco Bradesco (NYSE:BBDO) will be releasing its earnings data before the market opens on Monday, August 5th.

Banco Bradesco (NYSE:BBDO) last announced its quarterly earnings results on Thursday, May 2nd. The bank reported $0.08 EPS for the quarter. Banco Bradesco had a net margin of 6.70% and a return on equity of 9.55%. The firm had revenue of $9.64 billion during the quarter.

Banco Bradesco Trading Down 0.3 %

Shares of NYSE:BBDO opened at $2.00 on Friday. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.54. Banco Bradesco has a 12 month low of $1.95 and a 12 month high of $3.21. The company has a 50-day moving average price of $2.13 and a 200 day moving average price of $2.39.

Banco Bradesco Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, September 12th. Investors of record on Monday, August 5th will be issued a $0.0032 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.89%. The ex-dividend date of this dividend is Monday, August 5th. Banco Bradesco’s payout ratio is 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.