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Banco do Brasil SA (BBAS3.SA)

BBAS3.SA on Sao Paulo Stock Exchange

31.26BRL
17 Aug 2018
Change (% chg)

R$ -1.14 (-3.52%)
Prev Close
R$ 32.40
Open
R$ 31.90
Day's High
R$ 32.24
Day's Low
R$ 31.21
Volume
14,046,500
Avg. Vol
11,418,323
52-wk High
R$ 44.30
52-wk Low
R$ 24.14

Latest Key Developments (Source: Significant Developments)

Mapfre Formalizes Corporate Reorganization With Banco Do Brasil
Tuesday, 26 Jun 2018 

June 26 (Reuters) - Mapfre ::ANNOUNCES FORMALIZATION OF CORPORATE REORGANIZATION WITH BANCO DO BRASIL.  Full Article

Astaldi Says Existing Bilateral Line With Banco Do Brasil Regularly Repaid
Tuesday, 22 May 2018 

May 22 (Reuters) - Astaldi SpA ::IN RELATION TO PRESS RUMOURS CO INFORMS THAT EXISTING BILATERAL LINE WITH BANCO DO BRASIL HAS BEEN REGULARLY REPAID WITHIN TERMS SET BY SAME FINANCIAL INSTITUTION.  Full Article

Banco do Brasil sees better profitability, loan book in 2018
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - Banco do Brasil SA ::BANCO DO BRASIL SAYS IT EXPECTS FEWER LOAN LOSS PROVISIONS IN 2018 -PRESENTATION.BANCO DO BRASIL SAYS FEE REVENUE LIKELY TO GROW ABOVE INFLATION IN 2018 -PRESENTATION.BANCO DO BRASIL SAYS ADMINISTRATIVE EXPENSES TO GROW BELOW INFLATION IN 2018 -PRESENTATION.BANCO DO BRASIL SAYS ITS PROFITABILITY SHOULD IMPROVE IN 2018 -PRESENTATION.BANCO DO BRASIL SAYS THE QUALITY OF ITS LOAN BOOK SHOULD IMPROVE GRADUALLY IN 2018 -PRESENTATION.  Full Article

Iberdrola consolidates assets in Brazil, possible IPO‍​
Thursday, 8 Jun 2017 

June 8 (Reuters) - IBERDROLA SA ::SHAREHOLDERS OF NEOENERGIA , I.E., BB BANCO DE INVESTIMENTO, CAIXA DE PREVIDENCIA DOS FUNCIONARIOS DO BANCO DO BRASIL AND IBERDROLA ENERGIA REACH DEAL SO THAT NEOENERGIA INCORPORATES BUSINESSES OF ELEKTRO ‍​.FOLLOWING COMPLETION OF TRANSACTION, BANCO DO BRASIL AND PREVI WILL BE THE OWNERS OF ABOUT 9.35 PERCENT AND 38.21 PERCENT, RESPECTIVELY, OF SHARE CAPITAL OF NEOENERGIA, AND IBERDROLA ENERGIA WILL HOLD 52.45 PERCENT‍​.TRANSACTION INCLUDES THE COMMITMENT OF IBERDROLA TO UNDERTAKE THE INITIAL PUBLIC OFFERING OF NEOENERGIA ‍​.SEES THE OPERATION WILL HAVE A POSITIVE IMPACT ON ITS ACCOUNTS.  Full Article

BB and BB Seguridade end partnership talks with Correios
Friday, 7 Oct 2016 

Banco do Brasil : Said on Thursday it ended negotiations to establish strategic partnership with Brazilian Postal and Telegraph Company ("Correios") . The agreement for distribution of Banco do Brasil's products and services at the Correios network (Banco Postal) is valid until Dec. 12 . Will analyse its participation in an upcoming partner selection process to be held by Correios based on conditions set out in the Public Selection Notice .BB Segurigade also said it ended talks with Correios without formalising a partnership.  Full Article

Banco do Brasil announces Q3 own capital interest payment
Thursday, 1 Sep 2016 

Banco do Brasil SA : Said on Wednesday that its board of directors approved own capital interest payment for Q3, totalling 352.7 million Brazilian reais ($108.6 million) and corresponding to 0.1267 real per share . Payment date is Sep. 30 . Record date is Sep. 12 .Shares to be traded ex-interest as of Sep. 13.  Full Article

UPDATE 2-Banco do Brasil says loans likely to gain steam by year-end

SAO PAULO, Aug 9 Banco do Brasil SA shares rose in Thursday morning trading after the state-controlled bank beat analysts' profit estimates and predicted that loans will pick up steam in coming months.