October 31, 2019 / 9:20 AM / 18 days ago

Banco Bradesco meets Q3 forecasts helped by insurance, consumer lending

SAO PAULO, Oct 31 (Reuters) - Brazil's second largest private-sector lender Banco Bradesco SA on Thursday posted a third-quarter recurring net income in line with expectations, helped by strong insurance results and consumer lending.

Bradesco's recurring profit came in at 6.542 billion reais in the third quarter, up 19.6% from a year earlier and roughly in line with a Refinitiv analysts' estimate of 6.417 billion reais.

Reporting by Carolina Mandl; editing by Jason Neely

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