Banco Santander (Brasil) Q2: Raising The Recommendation To Hold

i The Property The Property the New H F H The Proper I F Lux Blue Santander Brasil Results Update in 2Q24 A note for the reader is that the company releases its numbers in Brazilian Reais (BRL), so I will use the documents that the company released but convert them to dollars using the ratio of 1 USD = 5.59 BRL, which was the exchange rate on the last day of June. The loan portfolio expanded 1.8% QoQ and 7.8% YoY, reaching BRL 665 billion ($119 billion). | --- | --- | --- | --- | --- | --- | |-------------- ...