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StoneCo's adjusted profit rises 12% in the fourth quarter

SAO PAULO, March 2 (Reuters) - Brazilian payments and banking firm StoneCo STNE.O reported on Monday an about 12% increase in its fourth-quarter adjusted net profit from a year earlier.

Stone&Co posted a 707 million real ($136.6 million) adjusted net profit for the October-to-December quarter, while analysts polled by LSEG had projected a 743 million real profit.

($1 = 5.1735 reais)

 (Reporting by Andre Romani, Editing by Natalia Siniawski)

 ((Andre.Romani@thomsonreuters.com; 11 991314109;11 56447500;))

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