Bank Bradesco SA (BBD) experienced a sharp after-hours decline of 5.25% following the release of its fourth-quarter financial results.

The Brazilian bank reported quarterly sales of $3.409 billion, which fell significantly short of the analyst consensus estimate of $6.800 billion, representing a miss of 49.87%. While the company's earnings per share of $0.11 met analyst expectations and marked a 57.14% increase from the same period last year, the substantial revenue shortfall appears to have driven the negative market reaction.