BANCO DO BRASIL/S (OTCMKTS:BDORY) Posts Earnings Results, Beats Estimates By $0.01 EPS

BANCO DO BRASIL/S (OTCMKTS:BDORY) posted its quarterly earnings data on Thursday. The financial services provider reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.01, Zacks reports. BANCO DO BRASIL/S had a net margin of 12.34% and a return on equity of 18.68%.

BANCO DO BRASIL/S Price Performance

Shares of OTCMKTS:BDORY opened at $4.99 on Friday. The company’s fifty day moving average price is $4.40 and its 200 day moving average price is $4.64. BANCO DO BRASIL/S has a 12 month low of $3.72 and a 12 month high of $6.23. The firm has a market capitalization of $28.60 billion, a P/E ratio of 4.50, a P/E/G ratio of 1.71 and a beta of 1.03.

BANCO DO BRASIL/S Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, January 6th. Stockholders of record on Friday, December 13th were given a dividend of $0.0227 per share. The ex-dividend date of this dividend was Friday, December 13th. BANCO DO BRASIL/S’s dividend payout ratio (DPR) is currently 7.96%.

Wall Street Analyst Weigh In

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

BANCO DO BRASIL/S Company Profile

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.