World3h ago
Banco do Brasil Shares Stay Under Pressure After BofA Sell Call
Key Facts — What happened. Bank of America (BofA) reaffirmed its sell rating on Banco do Brasil (BBAS3), cutting the price target to R$20 (US$3.88). — How big. Non-performing loans overdue more than 90 days hit 5.61% in the second quarter of 2026. — What it means. BofA expects 2026 net profit of R$17.6 billion […] The post Banco do Brasil Shares Stay Under Pressure After BofA Sell Call appeared first on The Rio Times.
This story was originally reported by The Rio Times. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
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