Santander Brasil's net profit rises 27.8% in Q1

Banco Santander Brasil SA

30/04/2025 10:19

SAO PAULO, April 30 (Reuters) - Lender Santander Brasil SANB11.SA on Wednesday reported a first-quarter net profit of 3.86 billion reais ($686.83 million), a 27.8% rise from a year earlier, slightly ahead of market expectations.

Analysts polled by LSEG expected net income to come in at 3.77 billion reais.

($1 = 5.6200 reais)

 (Reporting by Gabriel Araujo; Editing by Andrew Heavens)

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