Santander Brasil beats third-quarter profit estimates

Reuters

SAO PAULO, Oct 24 (Reuters) - Banco Santander Brasil SA, the largest foreign lender in Brazil, earned 1.407billion reais ($642 million) in third-quarter recurring netincome, according to a securities filing on Thursday.

Analysts in a Thomson Reuters poll expected the SãoPaulo-based bank to earn 1.338 billion reais in the quarter.

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