SAO PAULO (Reuters) - Brazilian state-run lender Banco do Brasil expects its adjusted net profit to grow by up to some 8% in 2025, it said on Wednesday, while also posting near in-line fourth-quarter results and announcing fresh dividends. Banco do Brasil said its adjusted net profit is expected to settle between 37 billion reais ($6.5 billion) and 41 billion reais ($7.2 billion) this year, from the 37.9 billion reais posted last year. The center of the target released by Banco do Brasil stands at 39 billion reais. Analysts polled by LSEG project a 2025 adjusted profit of 39.2 billion reais for the bank. One of the largest lenders in Brazil, Banco do Brasil's numbers come after its main rivals Santander Brasil, Bradesco and Itau Unibanco all published their results and projections in recent weeks. Banco do Brasil reported on Wednesday an adjusted net profit for the quarter ended in December of 9.58 billion reais, up 1.5% year-on-year and compared to 9.53 billion reais expected by analysts. Its return on equity, a measure of profitability, came in at 20.8%, down from 22.5% a year earlier and 21.1% in the third quarter. In a separate filing, Banco do Brasil announced some 776 million reais in dividends, as well as a further 1.96 billion reais in interest on equity to shareholders. It also approved a payout of between 40% and 45% to shareholders this year, compared to 45% last year. ($1 = 5.7214 reais) (Reporting by Andre Romani and Paula Arend Laier; Editing by Kylie Madry) View Comments
Lender Banco do Brasil sees 2025 adjusted profit rising by up to 8%
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