Business● Low1h ago · Nov 11, 2026, 10:31 PM
Banco do Brasil has a 65% drop in profit due to agribusiness defaults
GlobeAlert Desk · curated from Folha de S.Paulo · Brazil · South America
Banco do Brasil saw a 65.4% drop in profit in the third quarter of this year, with a result of R$ 1.3 billion, the state-owned company informed this Wednesday (11). The figure came outside the projections of analysts consulted by Bloomberg, who expected an adjusted net profit of R$ 3.9 billion.
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