Brazil's Bradesco meets profit estimates despite slower credit revenue

SAO PAULO, Oct 22 (Reuters) - Brazilian lender Banco Bradesco (BBDC3.SA), opens new tab on Thursday reported a 14.6% increase in its third-quarter recurring net profit from a year earlier, meeting analysts' expectations despite softer growth in credit-related revenue.

Bradesco, which kicked off earnings season for large Brazilian lenders, posted a 7.11 billion reais ($1.41 billion) recurring net profit for the July-September quarter, ⁠compared with the 7.14 billion reais expected in a LSEG poll of analysts.

($1 = 5.0428 reais)

Reporting by Andre Romani and Paula Arend Laier in Sao Paulo; Editing by Fernando Cardoso