November 1, 2018 / 9:22 AM / 15 days ago

Brazil's Banco Bradesco Q3 profit rises, but just below estimates

SAO PAULO, Nov 1 (Reuters) - Brazil’s second largest private lender Banco Bradesco SA reported a 13.7 percent rise in third-quarter profit over a year earlier, but just missed analysts estimates.

Recurring net income at Banco Bradesco came in at 5.471 billion reais ($1.47 billion) in the third quarter, 0.7 percent below the Refinitiv average estimate by analysts of 5.508 billion reais.

$1 = 3.7219 reais Reporting by Carolina Mandl Editing by Edmund Blair

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