Bank Bradesco SA ADR
BBD: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|%@ | LOCK|ZsD | LOCK|Lqm@zKw |
Banco Bradesco Earnings: Strong Quarter With Robust NII Growth but Credit Trends Worth Monitoring
Banco Bradesco reported strong second-quarter earnings, with net revenue increasing 10.3% year over year to BRL 37.6 billion, while net income rose 16.2% to BRL 7.1 billion. These results translate into a return on average equity of 16.2%, up from 14.6% last year.
