Banco Bradesco S.A. (BRE.F)
| Previous close | 2.5600 |
| Open | 2.4600 |
| Bid | 2.4600 x 60000 |
| Ask | 2.5800 x 60000 |
| Day's range | 2.4600 - 2.4600 |
| 52-week range | 2.2367 - 3.3400 |
| Volume | |
| Avg. volume | 508 |
| Market cap | 23.839B |
| Beta (5Y monthly) | 0.64 |
| PE ratio (TTM) | 10.70 |
| EPS (TTM) | 0.2300 |
| Earnings date | N/A |
| Forward dividend & yield | 0.04 (1.65%) |
| Ex-dividend date | 03 May 2024 |
| 1y target est | N/A |
BloombergBrazilian Lender Banco BV Closes Brokerage, Transfers Clients
(Bloomberg) -- Banco BV SA, a midsize lender in Brazil, closed its brokerage firm and transferred clients to Banco Bradesco SA as part of an integration into a joint venture. Most Read from BloombergTrumpism Is Emptying ChurchesTrump Media Spirals as 36% Dive From Debut Erases BillionsTrump Media’s Accounting Firm Has Audit Deficiency HistoryGermany to Order Ships, Armored Vehicles Worth Up to €7 BillionWhy India’s South Rejects Modi — And Why It MattersCustomers of Banco BV - DTVM, which traded
- Reuters
RPT-FOCUS-Brazil's Pix payments are killing cash. Are credit cards next?
In just three years, Brazil's hugely popular Pix payment system has become the country's favorite way to pay, replacing cash and wire transfers in many cases and now threatening the dominance of credit cards in the booming e-commerce sector. The instant payments designed by Brazil's central bank are a boon to online retailers, helping with cash flow in a sector with tight margins, while undercutting the legacy business of banks and fintechs built on existing credit card infrastructure. "This system eliminates the need to have a credit card."
- Reuters
UPDATE 2-Cielo's controlling shareholders reach deal to lift tender offer price
The controlling shareholders of Brazilian payments firm Cielo have reached an agreement with some minority shareholders to raise the price of a tender offer to take the company private, according to a securities filing on Tuesday. Under the agreement, lenders Banco do Brasil and Bradesco have committed to raise the offer price to 5.60 reais per share from 5.35 reais per share. That would lift the deal's total amount to 6.17 billion reais ($1.22 billion) if the lenders acquire all shares in Cielo they do not own, up from the 5.9 billion reais seen before.
