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Santander Brasil’s Q2 net profit rises 5.5% from prior quarter.

Breaking News: Santander Brasil Reports Q2 Net Profit

Brazilian lender Santander Brasil has announced its second-quarter‍ net profit ⁤of ‍2.26 billion reais ($475.76 million), marking a 5.5% increase from the previous quarter.⁤ However, the figure falls slightly below market expectations, which were projected at 2.47 billion reais, according to ​analysts polled by Refinitiv.

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($1 = 4.7503 ⁤reais)

(Reporting​ by Gabriel Araujo, Editing by Louise Heavens)

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