[stock_market_widget type="clock-markets" template="analog" timezone="America/New_York" title="New York" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Europe/London" title="London" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Europe/Brussels" title="Brussels" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Asia/Hong_Kong" title="Hong Kong" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Asia/Tokyo" title="Tokyo" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Australia/Sydney" title="Sydney" style="font-size: 7px; width: 100px;"]

Stock Market News

Banco do Brasil posts 38% rise in Q2 net profit, beats estimates

08/11/2022

Less than a minute

2022.08.11 01:26

Banco do Brasil posts 38% rise in Q2 net profit, beats estimates
FILE PHOTO: A man walks in front of Banco do Brasil headquarters building in Brasilia, Brazil October 29, 2019.REUTERS/Adriano Machado

SAO PAULO (Reuters) – Brazilian state-controlled lender Banco do Brasil SA (OTC:BDORY) on Wednesday reported its second-quarter net profit rose 38% from a year earlier, beating market forecasts.

Banco do Brasil’s net income came in at 7.62 billion reais ($1.50 billion), while analysts polled by Refinitiv had expected it to reach 6.48 billion.

($1 = 5.0947 reais)

Source

08/11/2022

Less than a minute