Ibovespa Holds Near Record as Earnings Season Splits Brazilian Banks

2026-02-06 - 23:55

The Big Three 1 B3 stole the show. The exchange operator surged 4.8% to a 52-week high after a brokerage upgrade to buy, single-handedly dragging the Ibovespa into positive territory and offsetting broad weakness in financials. 2 Bradesco disappointed despite solid numbers. The bank posted R$6.5B (~$1.2B) in 4Q25 net income, up 20.6% y/y,