BANCO DO BRASIL/S (BDORY) To Go Ex-Dividend on March 13th

BANCO DO BRASIL/S (OTCMKTS:BDORY) declared a dividend on Friday, February 21st, NASDAQ Dividends reports. Shareholders of record on Thursday, March 13th will be given a dividend of 0.0408 per share by the financial services provider on Monday, March 31st. The ex-dividend date of this dividend is Thursday, March 13th. This is a 80.0% increase from BANCO DO BRASIL/S’s previous dividend of $0.02.

BANCO DO BRASIL/S Stock Down 5.4 %

BANCO DO BRASIL/S stock opened at $4.75 on Tuesday. The stock has a market cap of $27.22 billion, a P/E ratio of 4.13, a P/E/G ratio of 1.65 and a beta of 1.05. BANCO DO BRASIL/S has a twelve month low of $3.72 and a twelve month high of $5.85. The company’s 50-day moving average price is $4.62 and its two-hundred day moving average price is $4.62.

BANCO DO BRASIL/S (OTCMKTS:BDORY) last announced its earnings results on Thursday, February 20th. The financial services provider reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.01. BANCO DO BRASIL/S had a net margin of 12.30% and a return on equity of 19.30%. The firm had revenue of $14.73 billion for the quarter. Equities analysts anticipate that BANCO DO BRASIL/S will post 1.08 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

BDORY has been the topic of a number of analyst reports. The Goldman Sachs Group lowered shares of BANCO DO BRASIL/S from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 5th. Citigroup lowered shares of BANCO DO BRASIL/S from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 5th.

About BANCO DO BRASIL/S

Banco do Brasil SA provides banking products and services for individuals, companies, and public sectors in Brazil and internationally. The company's Banking segment offers various products and services, including deposits, loans, and services to retail, wholesale, and public sector markets, as well as to micro-entrepreneurs and the low income population.