29 de octubre de 2015 / 8:23 / hace 2 años

Brazil's Bradesco slightly beats profit estimate on revenue

SAO PAULO, Oct 29 (Reuters) - Banco Bradesco SA, Brazil’s second largest private-sector bank, slightly beat third-quarter profit estimates on Thursday, after a bigger-than-expected increase in interest and fee income helped offset climbing loan-loss provisions.

The Osasco, Brazil-based lender earned net income before one-time items of 4.533 billion reais ($1.16 billion) last quarter, about 0.6 percent more than in the second quarter, according to a statement. A reuters poll of seven analysts predicted so-called recurring profit of 4.437 billion reais.

$1 = 3.9053 Brazilian reais Reporting by Guillermo Parra-Bernal

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below