2013-02-20 14:21:33 - SADIF-Investment Analytics has applied its StockMarks™ stock-rating system to Banco do Nordeste do Brasil S.A. and produced a Rating Update Report, rating the company's attractiveness to long-term investors.

Ilhavo, Portugal – SADIF Investment Analytics, announces a new Rating Update Report covering Banco do Nordeste do Brasil S.A. (BNBR3). The report uses SADIF's powerful StockMarks™ stock rating system and contains important analysis for any current or potential Banco do Nordeste do Brasil S.A. investor.

Report Summary: Banco do Nordeste do Brasil S.A. is a below average quality company with a positive outlook. Banco do Nordeste do Brasil S.A. has medium business growth and is run by mediocre management. The trend in Banco do Nordeste do Brasil S.A. fair value exchange rate against its closest rated-competitor, Banco Daycoval SA, has been stable over the past 2 weeks. When compared to its closest competitor, Banco do Nordeste do Brasil S.A. shows greater

overvaluation and is equally likely to underperform the market.

The 3-page report breaks down the Total StockMark into its three components – business, management and price, performing an in-depth analysis of Banco do Nordeste do Brasil S.A. for long-term investors.

The report has been distributed to Thomson Reuters. It is available in Investext from multiple professional platforms including Thomson Research, Thomson ONE Banker, DIALOG/INTELLISCOPE, Thomson Gale, West Services, Advisen, Alacra-Datadownlink, Factiva, INTERNET SECURITIES and LEXIS/NEXIS or directly from SADIF-Investment Analytics at:
www.sadifanalytics.com/stockmarks/company-ru-16-BNBR3

About SADIF-Investment Analytics:
SADIF-Investment Analytics is an independent investment research company covering sixteen different markets and over 12,000 companies. The StockMarks™ system is based on proven investment principles and is designed to drive long-term shareholder returns.