SAO PAULO, May 15 (Reuters) - Lender Banco do Brasil

said on Thursday it has placed its 2025 projections

for net interest income, cost of credit and adjusted net income

under review, citing factors such as the worsening in the

delinquency of its agribusiness credit book.

The announcement came as the state-run bank reported an

adjusted net profit of 7.37 billion reais ($1.30 billion) for

the first quarter, down 20.7% year-on-year and below the 9.23

billion reais expected by analysts polled by LSEG.

($1 = 5.6817 reais)