Santander Brasil's Q3 net profit down 23.5% from previous quarter

Banco Santander Brasil SA

26/10/2022 11:13

SAO PAULO, Oct 26 (Reuters) - Banco Santander Brasil SA
 SANB3.SA  on Wednesday reported a third quarter net profit of
3.12 billion reais ($586.89 million), down 23.5% from the
previous quarter as loan loss provisions rose 8.1% in the
period.
    The bottom line fell short of expectations as analysts
polled by Refinitiv had forecast a 3.76 billion-real profit in
the period.
($1 = 5.3162 reais)
 (Reporting by Gabriel Araujo; Editing by Steven Grattan)
 ((Gabriel.Araujo2@thomsonreuters.com; +55 11 5644 7745;))