Bank Bradesco SA ADR
BBD: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|F@Y | LOCK|%P^ | LOCK|!gp>?G |
Banco Bradesco Earnings: Rapid Loan Growth and Stable Credit Costs Drive Earnings Recovery
Banco Bradesco reported strong second-quarter earnings as the bank benefits from both high loan growth and lower credit costs. Net revenue increased 15.1% year over year to BRL 34 billion, while net income rose 28.6% to BRL 6.1 billion.
