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Less Than Six Hours Before The Market Open, Banco Bradesco Is Down By 10%

(VIANEWS) – The NYSE opens in less than six hours and Banco Bradesco‘s pre-market value is already 10.57% down.

Banco Bradesco’s last close was $2.65, 44.09% under its 52-week high of $4.74.

The last session, NYSE finished with Banco Bradesco (BBD) sliding 3.64% to $2.65. NYSE fell 0.67% to $15,828.60, after two successive sessions in a row of losses, on what was a somewhat negative trend trading 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 segment, 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. Banco Bradesco S.A. operates as a subsidiary of Cidade de Deus – Companhia Comercial de Participações.

Earnings Per Share

As for profitability, Banco Bradesco has a trailing twelve months EPS of $0.299.

PE Ratio

Banco Bradesco has a trailing twelve months price to earnings ratio of 8.86. Meaning, the purchaser of the share is investing $8.86 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 17.4%.

More news about Banco Bradesco (BBD).

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