Movement Alert｜Bank Bradesco SA Falls 28.87% in Regular Trading, Revenue Miss Extends Selling Pressure

Market Focus10-26

On October 26, Bank Bradesco SA fell 28.87% in Regular Trading, trading at $2.89 with turnover of $61.60 million.

The main disclosed catalyst was continued pressure after the company reported quarterly revenue of $3.674 billion, well below the $7.550 billion consensus estimate, while EPS of $0.13 was in line with expectations.

Additional context shows the board approved a renewed share buyback program covering up to 106.6 million shares from November 8 through May 8, including 53.4 million common shares and 53.2 million preferred shares. Repurchased shares will be held in treasury for later cancellation or disposal, but that shareholder-return measure did not offset investor concern over weaker-than-expected top-line performance.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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