Bank Bradesco SA ADR

BBD: XNYS (USA)
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Banco Bradesco Earnings: Credit Continues to Weigh on Otherwise Strong Balance Sheet Growth

Banco Bradesco reported solid third-quarter earnings, primarily driven by strong balance sheet growth and controlled expenses. Net income grew 14.6% from last year to BRL 7.1 billion. These results translate into a return on average equity of 15.6%, up from 14.7% last year.

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