OSASCO, Brazil (AP) — OSASCO, Brazil (AP) — Banco Bradesco SA (BBD) on Wednesday reported first-quarter profit of $989.5 million.
The bank, based in Osasco, Brazil, said it had earnings of 9 cents per share.
The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 9 cents per share.
The financial holding company posted revenue of $8.79 billion in the period. Its revenue net of interest expense was $8.79 billion, exceeding Street forecasts.
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