OSASCO, Brazil (AP) — OSASCO, Brazil (AP) — Banco Bradesco SA (BBD) on Wednesday reported first-quarter profit of $983.2 million.
The Osasco, Brazil-based bank said it had earnings of 9 cents per share. Earnings, adjusted for non-recurring costs, were 12 cents per share.
The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 12 cents per share.
The financial holding company posted revenue of $14.83 billion in the period. Its revenue net of interest expense was $14.83 billion, which topped Street forecasts.
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