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BANCO DO BRASIL/S Q2 2023 Earnings Report

BANCO DO BRASIL/S logo
$3.95 -0.01 (-0.25%)
(As of 12/20/2024 05:55 PM ET)

BANCO DO BRASIL/S EPS Results

Actual EPS
$0.30
Consensus EPS
$0.31
Beat/Miss
Missed by -$0.02
One Year Ago EPS
N/A

BANCO DO BRASIL/S Revenue Results

Actual Revenue
$12.30 billion
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

BANCO DO BRASIL/S Announcement Details

Quarter
Q2 2023
Time
N/A

Conference Call Resources

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BANCO DO BRASIL/S Earnings Headlines

Banco do Brasil downgraded to Neutral from Buy at Citi
Banco do Brasil downgraded to Neutral from Buy at Goldman Sachs
Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
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About BANCO DO BRASIL/S

Banco do Brasil S.A. provides banking products and services for individuals, companies, and public sectors in Brazil and internationally. The company's Banking segment offers various products and services, including deposits, loans, and services to retail, wholesale, and public sector markets, as well as to micro-entrepreneurs and the low income population. Its Investments segment engages in the intermediation and distribution of debts in the primary and secondary markets; equity investment activities; and rendering of financial services. The company's Fund Management segment is involved in the purchase, sale, and custody of securities, as well as the management of portfolios, and investment funds and clubs. Its Insurance, Pension and Capitalization segment provides life, property, and automobile insurance products, as well as private pension and capitalization plans. The company's Payment Methods segment is involved in the funding, transmission, processing, and settlement of transactions through electronic means. Its Other segment engages in the provision of credit recovery and consortium administration services; development, manufacturing, leasing, and integration of digital electronic systems and equipment, peripherals, programs, inputs, and computing supplies; intermediation of air tickets; and lodging and organization of events. Banco do Brasil S.A. was founded in 1808 and is headquartered in Brasa­lia, Brazil.

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