financetom
Business
financetom
/
Business
/
Lender Banco do Brasil sees 2025 adjusted profit between $6.5 billion and $7.2 billion
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Lender Banco do Brasil sees 2025 adjusted profit between $6.5 billion and $7.2 billion
Feb 19, 2025 2:06 PM

SAO PAULO (Reuters) - Brazilian state-run lender Banco do Brasil expects its adjusted net profit this year to be between 37 billion reais ($6.5 billion) and 41 billion reais ($7.2 billion), it said on Wednesday, while analysts in a LSEG poll estimated 39.2 billion reais.

Banco do Brasil also posted an adjusted net profit for the quarter ended in December of 9.58 billion reais, up 1.5% year-on-year and compared to 9.53 billion reais expected by analysts.

($1 = 5.7214 reais)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
RBC With Precious Metals Q2 2024 Earnings Preview; 1st of 4 parts, RBC's View
RBC With Precious Metals Q2 2024 Earnings Preview; 1st of 4 parts, RBC's View
Jul 10, 2024
10:11 AM EDT, 07/10/2024 (MT Newswires) -- Precious metal producers are expected to report financial improvements in the second quarter from the prior quarter, RBC Capital Markets said in a Wednesday note. RBC said the projected growth will be driven by higher gold and silver prices. Looking forward to 2H, we forecast a further stepwise financial improvement that supports our...
Update: Solaris Oilfield to Acquire Mobile Energy Rentals for $200 Million in Cash, Stock; Shares Advance
Update: Solaris Oilfield to Acquire Mobile Energy Rentals for $200 Million in Cash, Stock; Shares Advance
Jul 10, 2024
10:12 AM EDT, 07/10/2024 (MT Newswires) -- (Updates to include Solaris Oilfield Infrastructure ( SOI ) stock's recent movement in the headline and first paragraph.) Solaris Oilfield Infrastructure ( SOI ) shares were up more than 26% in early Wednesday trading, following its late Tuesday announcement of an agreement to acquire Mobile Energy Rentals for $200 million in cash and...
Upstart Says Texans Credit Union to Offer Personal Loans Through its AI Lending Marketplace
Upstart Says Texans Credit Union to Offer Personal Loans Through its AI Lending Marketplace
Jul 10, 2024
10:15 AM EDT, 07/10/2024 (MT Newswires) -- Upstart Holdings ( UPST ) said Wednesday that Texans Credit Union will offer personal loans to consumers through its AI lending marketplace. Upstart said Texans joined its Referral Network in August 2023. Price: 24.34, Change: +0.10, Percent Change: +0.41 ...
Beacon Roofing Supply Completes Acquisition of Roofers Mart of Southern California
Beacon Roofing Supply Completes Acquisition of Roofers Mart of Southern California
Jul 10, 2024
10:12 AM EDT, 07/10/2024 (MT Newswires) -- Beacon Roofing Supply ( BECN ) said Wednesday it has completed its acquisition of Roofers Mart of Southern California, which is located in Walnut, California. Roofers Mart serves roofing contractors in the Los Angeles metro market, Beacon said. Price: 89.91, Change: +1.01, Percent Change: +1.13 ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved