24.04.2014 14:54:30

Banco Bradesco Q1 Adj. Profit Rises - Quick Facts

(RTTNews) - Banco Bradesco S.A. (BBD), a provider of banking and financial products and services, said that adjusted net income for the first quarter of 2014 stood at R$3.473 billion, an 18.0% increase compared to the R$2.943 billion in the same period of 2013. Adjusted earnings per share for the latest-quarter was R$3.03.

Adjusted net income was composed of R$2.433 billion from financial activities, representing 70.0% of the total, and R$1.040 billion from insurance, pension plan and capitalization bond operations, which accounted for 30.0% of the total.

Total Assets stood at R$922.229 billion in March 2014, up 3.1% over March 2013.

Assets under Management stood at R$1.278 trillion, a 2.8% increase from March 2013.

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Banco Bradesco S.A. (Spons. ADRs) 1,78 1,71% Banco Bradesco S.A. (Spons. ADRs)