U.S. Markets closed

Brazil's Banco Bradesco beats Q2 earnings estimates

SAO PAULO, July 26 (Reuters) - Brazil's second largest private lender Banco Bradesco SA beat second quarter net income estimates on Thursday, as loan-loss provisions declined.

Bradesco reported recurring net income of 5.161 billion reais ($1.4 billion), 2.1 percent above a Reuters consensus estimate of 5.056 billion reais and 9.7 percent higher than a year earlier. The bank's loan book grew 6 percent in the quarter, reaching 515.6 billion reais.

($1 = 3.6879 reais) (Reporting by Carolina Mandl; Editing by Susan Fenton)