Lender Banco do Brasil posts 8% rise in second-quarter adjusted profitFinanceLender Banco do Brasil posts 8% rise in second-quarter adjusted profit

Lender Banco do Brasil posts 8% rise in second-quarter adjusted profit

State-controlled lender Banco do Brasil (BBAS3.SA), opens new tab reported on Wednesday 8.2% year-on-year growth in its second-quarter adjusted net profit.

The bank posted adjusted net profit of 9.50 billion reais ($1.69 billion) for the period, slightly above the 9.24 billion profit estimated by analysts polled by LSEG.

Source: REUTER