Bank Bradesco SA ADR
BBD: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|N& | LOCK|!@? | LOCK|b!^k<$ |
Banco Bradesco Earnings: Rapid Loan Growth and Net Interest Margin Expansion Drive Earnings Recovery
Banco Bradesco reported solid third-quarter earnings as high loan growth and net interest margin expansion more than offset higher credit costs. Net revenue increased 13.1% year over year to BRL 35 billion, while net income rose 18.8% to BRL 6.2 billion.
