January 29, 2020 / 11:30 AM / 23 days ago

Santander Brasil reports 9.4% rise in Q4 profit on consumer loans, fees

SAO PAULO, Jan 29 (Reuters) - Banco Santander Brasil SA saw a 9.4% rise in fourth-quarter net income from a year earlier, it said on Wednesday, mainly due to consumer lending and fees.

Recurring net income, which excludes one-off items, came in at 3.726 billion reais ($890.83 million), roughly in line with the 3.859 billion reais analysts were expecting, according to Refinitiv data. ($1 = 4.1975 reais) (Reporting by Carolina Mandl, editing by Louise Heavens)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below