OSASCO, Brazil (AP) _ Banco Bradesco SA (BBD) on Wednesday reported first-quarter earnings of $1.13 billion.
The bank, based in Osasco, Brazil, said it had earnings of 11 cents per share. Earnings, adjusted for amortization costs, were 12 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 11 cents per share.
The financial holding company posted revenue of $5.52 billion in the period. Its revenue net of interest expense was $5.52 billion, also beating Street forecasts.
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