Banco Santander Brasil (BSBR), a unit of Spain's Banco Santander (SAN), reported Q4 net profit Wednesday of 3.86 billion Brazilian reais ($667 million), up from 2.20 billion reais a year earlier.
Four analysts surveyed by FactSet expected 3.56 billion reais.
Revenue for the quarter, expressed as the sum of net interest income and fees, was 21.49 billion reais, up from 18.79 billion reais a year earlier.
Three analysts polled by FactSet expected 20.16 billion reais.
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