Banco do Brasil Reports 8% Rise in Q2 Adjusted Profit
Banco do Brasil, one of Latin America's largest lenders by total assets, announced an 8.2% year-on-year increase in its second-quarter adjusted net profit, amounting to 9.50 billion reais ($1.69 billion). This figure slightly surpassed analysts' expectations, who had estimated a profit of 9.24 billion reais.
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