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Bank Bradesco (LTS:0HL8) Cost of Goods Sold : $ Mil (TTM As of Sep. 2024)


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What is Bank Bradesco Cost of Goods Sold?

Cost of Goods Sold does not apply to banks and insurance companies.


Bank Bradesco Business Description

Address
Cidade de Deus S/N, Silver Building, 4th floor, 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.