Ramalho Miranda Jose Augusto sold $106K of BBD

Bradesco launched corporate crypto custody in Brazil, naming Foxbit as its first client, according to Bradesco’s Q2 2026 earnings release on Aug. 6, 2026. The bank said custody and brokerage revenue rose 26.4% year over year to R$600 million, while assets under custody totaled R$2.8 trillion. The service targets institutional firms amid new central bank anti-fraud rules.

Banco Bradesco reported Q2 call highlights: vehicle financing up 26.8% YoY and payroll-deductible lending up 9.3%. Delinquency over 90 days was 2.5% vs 3.3% market. Cost of risk held at 3.5%. CFO said market NII could approach BRL 2 billion and NIM near 9%. Planned BRL 10 billion capital raise pending approval.

Banco Bradesco reported Q2 recurring net income of R$7.05 billion (US$1.38 billion), up 16.2% year over year, with ROE near 16.2%. Total revenues rose to R$37.6 billion. Credit outstanding grew to R$1.14 trillion, while loans over 90 days overdue increased to 4.3% and provisions rose 22.6% to R$10.0 billion. Bradesco is also raising up to R$10 billion via private share subscription.

Banco Itaú Colombia, part of Itaú group, completed the sale of its retail or “persona natural” banking unit in Colombia to Banco de Bogotá (Grupo Aval). The transfer closed July 31, 2026, with migration Aug 1 and access from Aug 2. About 267,000 customers moved. The portfolio transferred was nearly COP 6.45T in loans and COP 4.80T in deposits for about COP 1.64T (US$520M).

Brazilian federal judge Giovana Calmon authorized late-June searches of Itaú, Santander and Bradesco executives in the Americanas fraud case, citing indications the banks helped hide supplier-finance (risco sacado) debts. Police allege supplier-finance was omitted from circularisation letters to auditors. Itaú denies coordination. Americanas’ asset freeze totals up to 54 billion reais.

National Bank Financial analyst Cameron Doerksen raised Bombardier (BBD.B-T) target to C$349 from C$296 ahead of Q2 results July 30, citing strong biz-jet and Defense momentum and valuation concerns. He kept a “sector outperform” rating, noting BBD trades at 16.3x EV/EBITDA vs peers 13.3x. TD Cowen initiated Tecsys (TCS-T) at “buy” with C$39 target, citing SaaS growth and takeout upside.