Santander Brasil's Q4 net profit down 46% from previous quarter

Banco Santander Brasil SA

02/02/2023 10:26

SAO PAULO, Feb 2 (Reuters) - Banco Santander Brasil SA
 SANB3.SA  on Thursday reported a fourth quarter net profit of
1.69 billion reais ($334.34 million), down 46% from the previous
quarter as loan-loss provisions rose 18.6% in the period.
    The bottom line fell short of expectations, as analysts
polled by Refinitiv had forecast a 2.86 billion-real profit in
the period.
($1 = 5.0547 reais)
 (Reporting by Gabriel Araujo; Editing by Steven Grattan)
 ((Gabriel.Araujo2@thomsonreuters.com; +55 11 5644 7745;))