Santander Brasil beats forecasts with 2% rise in net income

Banco Santander Brasil SA

28/07/2022 07:58

SAO PAULO, July 28 (Reuters) - Banco Santander Brasil SA's
 SANB11.SA  second-quarter net income rose 2% from the previous
year to a better than expected 4.08 billion reais ($778.08
million), a securities filing showed on Thursday.
    Analysts polled by Refinitiv had forecast that the Brazilian
unit of Spain's Banco Santander SA  SAN.MC  would achieve net
income of 3.88 billion reals.

($1 = 5.2437 reais)

 (Reporting by Gabriel Araujo
Editing by David Goodman)
 ((Gabriel.Araujo2@thomsonreuters.com; +55 11 5644 7745;))