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Bank Bradesco (Bank Bradesco) Cash, Cash Equivalents, Marketable Securities


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What is Bank Bradesco Cash, Cash Equivalents, Marketable Securities?

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Bank Bradesco (Bank Bradesco) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Bradesco SA (NYSE:BBDO) » Definitions » Cash, Cash Equivalents, Marketable Securities
Address
Cidade de Deus S/N, Vila Yara, Osasco, SP, BRA, 06029?900
Banco Bradesco is Brazil's second-largest private bank, with about 15% of deposits, and the largest insurance provider in Brazil, with roughly 20%-25% market share. The bank is majority controlled by the Bradesco foundation—a private nonprofit institution focused on education. Banking provides roughly 70% of profits, while the insurance segment contributes the remaining 30%. The bank is also a major asset manager with high-single-digit market share. In 2016, Bradesco acquired the Brazilian operations of HSBC.