Lender Banco do Brasil posts 8% rise in Q2 adjusted profit-February 2024-www.financetom.com

Lender Banco do Brasil posts 8% rise in Q2 adjusted profit

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Lender Banco do Brasil posts 8% rise in Q2 adjusted profit

Aug 7, 2024 3:06 PM

SAO PAULO, Aug 7 (Reuters) - State-controlled lender

Banco do Brasil reported on Wednesday an 8.2% growth

in its adjusted net profit for the second quarter of 2024 from a

year earlier.

The bank posted adjusted net profit of 9.50 billion reais

($1.69 billion), slightly above expectations from analysts

polled by LSEG of a 9.24 billion real profit.

($1 = 5.6369 reais)

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