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Santander Brasil's Q2 Net Profit Up 5.5% From Previous Quarter | InvestmentBell

NyheterMarknadsöversiktSantander Brasil's Q2 net profit up 5.5% from previous quarter

Santander Brasil’s Q2 net profit up 5.5% from previous quarter

SAO PAULO (Reuters) – Brazilian lender Santander (BME:SAN) Brasil on Wednesday reported a second-quarter net profit of 2.26 billion reais ($475.76 million), up 5.5% from the previous quarter but slightly below market expectations.

Analysts polled by Refinitiv had forecast the bank’s quarterly profit to reach 2.47 billion reais.

($1 = 4.7503 reais)

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