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Banco Bradesco S.A. (BBD)

NYSE - NYSE Delayed Price. Currency in USD

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2.4100

+0.0300

(+1.26%)

At close: 04:00PM EDT

2.4300

+0.02

(+0.83%)

After hours:

07:55PM EDT

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Reuters
Bradesco shares hit 2-year low after disappointing quarterly earnings
Shares in Brazil's Banco Bradesco SA fell to their lowest level in almost two years on Friday after the bank reported fourth-quarter net income equivalent to less than half that of analysts' estimates. Bradesco reported a 75% drop in net income and sharply increased its provisions for loan losses to around $3 billion. Bradesco's common shares were down almost 6% to 11.61 reais.