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Santander Brasil beats forecasts with 2% rise in net income

Santander Brasil beats forecasts with 2% rise in net income

Reuters · 07/28/2022 02:58
Santander Brasil beats forecasts with 2% rise in income

- Banco Santander Brasil SA's SANB11.SA second-quarter income rose 2% from the previous year to a better than expected 4.08 billion reais ($778.08 million), a securities filing showed on Thursday.

Analysts polled by Refinitiv had forecast that the Brazilian unit of Spain's Banco Santander SA SAN would achieve income of 3.88 billion reals.


($1 = 5.2437 reais)


(Reporting by Gabriel Araujo
Editing by David Goodman)

((Gabriel.Araujo2@thomsonreuters.com; +55 11 5644 7745;))