Banco do Brasil Remains A Buy Despite Rural Credit Risk

Banco do Brasil S.A. ( OTCPK:BDORY ) reported Q4 2024 results, showing another quarter of very good earnings and a strong 21% ROE. The bank continues to look interesting at less than 1x book value, compared with 20%+ ROELong-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspects, understanding the long-term earnings power of companies, the competiti ...