Core Insights - Banco Bradesco S.A. reported a recurring net income of R$6.1 billion for fiscal Q2 2025, marking a quarter-over-quarter growth of 3.5% and a year-over-year increase of 28.6%, with ROAE reaching 14.6% [1] - The company's revenue for the quarter was R$34.0 billion, reflecting a year-over-year growth of 15.1, driven by significant growth across all lines, including net interest income, insurance income, and fee and commission income [2] - Bank of America Securities maintained a Buy rating on Banco Bradesco S.A. and raised the price target from $3.19 to $4.12, with a consensus rating of Moderate Buy and a median price target of $3.17, indicating a potential upside of 29.34% [3] Company Overview - Banco Bradesco, formerly known as Banco Brasileiro de Descontos SA, is a public company based in Brazil, operating in the Banking Services Industry Group [4] - The company functions as a comprehensive commercial bank, offering a wide range of banking and financial services and products to national and international institutions, companies, and individuals [4]
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