Banco Bradesco SA (BBD) Stock

Brazil's President Luiz Inacio Lula da Silva has chosen Nilton David, the chief trader at Bradesco bank, to be the new monetary policy director at the central bank, beginning in January, according to an announcement made on Friday.

Banco Bradesco's results for the third quarter of 2024 indicate a drop in market share, rising costs, and decreasing profit margins. However, net income improved because of fewer late payments. While the bank's loan portfolio increased by 8% compared to last year, it is losing ground in important areas such as personal loans, credit cards, and deposits, and there are worries about lower net interest margins and higher operating costs.

Banco Bradesco S.A. (NYSE:BBD) will hold its Q3 2024 Earnings Conference Call on October 31, 2024, at 9:30 AM ET. The call will feature company leaders, including CEO Marcelo Noronha and other executives. Various financial analysts from different institutions will also participate in the call.

Bradesco's second-quarter results surprised the market positively, but the stock is considered to be fairly priced.

Banco Bradesco S.A. (NYSE:BBD) will hold its Q2 2024 Earnings Conference Call on August 5, 2024, at 9:30 AM ET. The call will feature company leaders, including CEO Marcelo Noronha and other executives. Various conference call participants from different financial institutions will also be present.

Bradesco's financial indicators have been heavily impacted by banking digitization and increased competition. The bank's managers are introducing changes to the company's structure, processes, and culture in response to these challenges. However, despite the discounted valuation there is still no clear inflection point in the company's results, which raises skepticism.

Banco Bradesco S.A. (NYSE:BBD) Q1 2024 Earnings Call on May 2, 2024 at 8:30 AM ET with Company Participants Marcelo Noronha, Andre Carvalho, Ivan Gontijo, Cassiano Scarpelli, and Andre Rodrigues Cano. Conference Call Participants include Renato Meloni, Brian Flores, Jorge Kuri, Mario Pierry, Thiago Bovolenta Batista, Tito Labarta, Eduardo Rosman, Eduardo Nishio, Pedro Leduc, Paulo Gomes. Marcelo Noronha begins the call.

Banco Bradesco S.A. (BBD) Q4 2023 Earnings Call Transcript

Banco Bradesco S.A. (NYSE:BBD ) Q3 2023 Earnings Call Transcript November 10, 2023 8:30 AM ET Company Participants Carlos Firetti - Business Controller and Market Relations Director Octavio de Lazari - CEO Cassiano Scarpelli - EVP and CFO Conference Call Participants Renato Meloni - Autonomous Mario Pierry - Bank of America Tito Labarta - Goldman Sachs Rafael Frade - Citibank Daniel Vaz - Safra Thiago Batista - UBS Bernardo Guttmann - XP Eduardo Rosman - BTG Yuri Fernandes - JPMorgan Anahy Rios - Santander Pedro Leduc - Itau BBA Carlos Firetti Hello.