Banco do Brasil ( OTCPK:BDORY ) is going through a dark period, with profits and credit quality plummeting, tied to a credit crisis in the Brazilian agribusiness, the most representative sector for the bank.Equity Research Analyst at DM Martins Research.The best opportunities often don’t scream for attention. I cover stocks that are often undercovered, focusing primarily on Brazil and Latin America — but I also occasionally write about global large caps. My work can also be found on TipRanks, where I contri ...

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Core Viewpoint - Banco do Brasil has lowered its outlook for adjusted net income for the year due to increased funding expenses and a rise in defaults among local farmers [1] Company Summary - Banco do Brasil is a state-run lender in Brazil [1] - The company is facing higher funding expenses, which are impacting its financial outlook [1] - There is a noted increase in defaults among local farmers, contributing to the revised income outlook [1]

Core Insights - The financial sector has provided over $425 billion in financing to companies contributing to deforestation over the past decade, with $72 billion allocated in the last 18 months alone [1][2] - The increase in lending to forest-risk commodity companies has coincided with significant deforestation, with a record loss of 6.7 million hectares of tropical and boreal forests last year [3] - Major banks, particularly Banco do Brasil, are leading in financing these sectors, with nearly $8 billion provided in the first nine months of this year [4] - Asset managers have increased their investments in forest-risk commodities by $7.8 billion over the past decade, totaling approximately $33 billion by the end of September [5][6] - The report calls for regulatory changes to prevent banks and investors from profiting from deforestation and human rights violations [7][8]

Group 1 - The article does not provide any specific information or data regarding companies or industries [1]

Group 1 - Banco do Brasil is hosting its second Investor Day in New York to discuss key drivers shaping its future [1][2] - The event is bilingual, offering presentations in both Portuguese and English, with live streaming available on Banco do Brasil's YouTube channel [1][2] - The event features various panels and individual speeches, with a focus on the bank's main strategies for future growth [2]

Banco do Brasil accused allies of former President Jair Bolsonaro of trying to destabilize the state-owned company by publishing false claims about its finances and urging customers to withdraw their money https://t.co/pvaKycSSLo ...

Group 1 - The analyst focuses on undercovered stocks primarily in Brazil and Latin America, occasionally covering global large caps [1] - Contributions are made to platforms like TipRanks and TheStreet, indicating a broad reach in investment analysis [1] - The analyst emphasizes the importance of conducting personal due diligence before making investment decisions [1] Group 2 - There are no current stock or derivative positions in any mentioned companies, indicating an unbiased perspective [2] - The article reflects the analyst's personal opinions and is not influenced by compensation from companies mentioned [2] - Seeking Alpha clarifies that past performance does not guarantee future results, highlighting the inherent uncertainties in investment [3]

Group 1 - Avnet, Inc. (AVT) has been added to the Zacks Rank 5 (Strong Sell) List due to a 7.5% downward revision in the consensus estimate for its current year earnings over the last 60 days [1] - Banco do Brasil S.A. (BDORY) is also on the Zacks Rank 5 (Strong Sell) List, with a 16.9% downward revision in the consensus estimate for its current year earnings over the last 60 days [1] - Dine Brands Global, Inc. (DIN) has seen a 5.3% downward revision in the consensus estimate for its current year earnings over the last 60 days, leading to its inclusion in the Zacks Rank 5 List [2]

Core Insights - The Brazilian banking and credit card industry experienced a record 1.871 million fraud attempts in Q1 2025, marking a 21.5% increase from the previous year, according to Serasa Experian [1] - If all fraud attempts were successful, the potential economic loss to the Brazilian financial system would exceed 15.7 billion reais (approximately 20.4 billion yuan) [1] - The banking and credit card sectors account for 54% of all fraud attempts in Brazil, indicating they remain the epicenter of digital fraud in the country [1] Industry Overview - Other high-risk sectors include services (31.9%), financial institutions (6.7%), telecommunications (5.7%), and retail (1.7%), reflecting widespread fraud risks across Brazil's financial and related service industries [2] - Serasa Experian, established in 1968 and acquired by Experian Group in 2007, is the largest credit and data analysis company in Brazil, focusing on identifying risks and opportunities in consumer, credit, and payment processes [2]