Brazilian lender Bradesco Q2 recurring profit rises 16.2%, meets estimates
Brazilian lender Bradesco Q2 recurring profit rises 16.2%, meets estimates SAO PAULO, Aug 5 (Reuters) - Brazilian lender Banco Bradesco BBDC3.SA on Wednesday reported a recurring net profit of 7.1 billion reais ($1,39 billion) in the second quarter, up 16.2% from the same period last year and mostly in line with the average analyst estimate of 7 billion reais, according to an LSEG poll.
($1 = 5.1228 reais)
(Reporting by Isabel Teles, Editing by Iñigo Alexander)
((isabel.teles@thomsonreuters.com; +55 11 91033 3602))
Recent news on Banco Bradesco
See all newsBrazilian ADRs plummet after Lula's surprise election win
Brazil's Bradesco meets profit estimates despite slower credit revenue (updated)
Brief: Brazil's Bradesco approves new share buyback program
Brazil's Bradesco posts in line recurring profit in third quarter
Brief: BlackRock increses stake in Brazil's Bradesco to 10.1% of preferred shares