Banco Bradesco Already 5% Up, Almost Four Hours Before The NYSE Open

(VIANEWS) – The NYSE opens in less than four hours and Banco Bradesco‘s pre-market value is already 5% up.

Banco Bradesco’s last close was $2.80, 16.42% under its 52-week high of $3.35.

The last session, NYSE finished with Banco Bradesco (BBDO) dropping 1.41% to $2.80. NYSE rose 0.85% to $16,208.23, following the last session’s upward trend on what was a somewhat bullish trend exchanging session.

About Banco Bradesco

Banco Bradesco S.A., 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; debit and business cards; financial and security services; consortium products; auto, personal accident, dental, travel, and life insurance; investment products; pension products; real estate and vehicle auctions; cash management, and foreign trade and exchange services; capitalization bonds; and internet banking services. Banco Bradesco S.A. was founded in 1943 and is headquartered in Osasco, Brazil.

Earnings Per Share

As for profitability, Banco Bradesco has a trailing twelve months EPS of $0.34.

PE Ratio

Banco Bradesco has a trailing twelve months price to earnings ratio of 8.24. Meaning, the purchaser of the share is investing $8.24 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 11.73%.

Volume

Today’s last reported volume for Banco Bradesco is 13393 which is 52.06% below its average volume of 14683.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Aug 1, 2023, the estimated forward annual dividend rate is 0.17 and the estimated forward annual dividend yield is 5.7%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 25.3%, now sitting on 79.54B for the twelve trailing months.

Moving Average

Banco Bradesco’s value is under its 50-day moving average of $2.91 and above its 200-day moving average of $2.62.

More news about Banco Bradesco (BBDO).

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