Banco Santander Brasil (BSBR) reported Q4 managerial net profit Wednesday of 4.09 billion Brazilian reais ($780.8 million), up from 3.86 billion reais a year earlier.
Analysts polled by FactSet expected 3.95 billion reais.
Revenue for the quarter was 21.09 billion reais, down from 21.49 billion reais a year earlier.
Four analysts surveyed by FactSet expected 21.24 billion reais.