Movement Alert｜Bank Bradesco SA Falls 5.15% in Regular Trading, Revenue Miss Continues to Weigh on Shares

Market Focus10-28

On October 28, Bank Bradesco SA fell 5.15% in Regular Trading, trading around $2.755, with turnover of $71.06 million.

The move appears tied to continued selling pressure after the company reported third-quarter EPS of $0.13, broadly in line with expectations, while sales were $3.674 billion, well below the $7.550 billion consensus estimate.

Recent background shows the revenue shortfall has remained the core overhang for the stock even after the board approved a renewed buyback program for up to 106.6 million shares from November 8 through May 8, 2028, including up to 53.4 million common shares and 53.2 million preferred shares, to be held in treasury for later cancellation or disposal without reducing share capital.

(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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