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2025-10-29 18:10:15
Santander Brazil's Q3 Net Profit Exceeds 4 Billion Reais, Leading the Financial Sector: ⑴ Santander Brazil's recurring net profit for the third quarter reached 4.01 billion reais, significantly exceeding market expectations of 3.71 billion reais. ⑵ The bank's net profit increased by 9.4% year-on-year in the third quarter, demonstrating a continued improvement in profitability. ⑶ Consolidated loan size increased to 688.8 billion reais, maintaining a steady pace of asset expansion. ⑷ Loan loss provisions were 7.51 billion reais, reflecting the bank's prudent risk management strategy. ⑸ The 90-day default rate was 3.4%, with asset quality indicators remaining within a controllable range. ⑹ Net profit performance exceeded analysts' expectations by approximately 8%, highlighting superior operating efficiency compared to peers. ⑺ Strong performance data supported investor confidence and consolidated its leading position in the Brazilian banking sector.
