Earnings Alerts

Banco do Brasil (BBAS3) Earnings: BB Seguridade August Premiums Drop by 12.7%

By October 21, 2024 No Comments
  • BB Seguridade experienced a decline in written premiums by 12.7% in August.
  • The total value of written premiums for the month amounted to R$1.75 billion.
  • Among analysts covering the company, there are 6 buy recommendations.
  • Additionally, the company has 7 hold recommendations from analysts.
  • There is also 1 sell recommendation for BB Seguridade.

A look at Banco do Brasil Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth4
Resilience2
Momentum3
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts have evaluated Banco do Brasil S.A.’s long-term prospects through the Smartkarma Smart Scores. These scores highlight the company’s overall outlook across various key factors. With strong ratings in Value, Dividend, and Growth, Banco do Brasil is positioned favorably in terms of financial health and potential for returns. However, lower scores in Resilience and Momentum indicate potential areas of concern, suggesting some vulnerability to market shifts and a lack of strong upward momentum.

Banco do Brasil S.A. is a bank known for attracting deposits and providing a range of banking services, including loans, asset management, insurance, and more. While the company shows promise in value and dividends, investors may want to carefully consider its resilience and momentum in the market for a comprehensive view of its long-term prospects.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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