
Banco Bradesco (NYSE:BBD) Issues Quarterly Earnings Results, Hits Estimates

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Banco Bradesco (NYSE:BBD) reported quarterly earnings of $0.11 per share, meeting estimates, with revenue of $3.51 billion, below the expected $6.68 billion. The bank's return on equity was 12.95%, and net margin was 9.61%. The company is focusing on digital growth, aiming for 40 million digital clients by 2026. Despite strong profit growth, operating expenses rose by 8.5%, and there was market disappointment regarding 2026 guidance. The stock traded down 1.6% to $3.94. Banco Bradesco also announced a monthly dividend of $0.0036, reflecting a positive change from previous dividends.
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