SAO PAULO, Feb 5 (Reuters) - Brazilian bank Itau
Unibanco ( ITUB ) expects its total loan book growth to slow
this year, it said on Wednesday, as it posted as-expected
quarterly profit growth and announced 15 billion reais ($2.59
billion) in fresh dividends.
Latin America's largest private lender by total assets
said it expects its total credit portfolio to grow between 4.5%
and 8.5% in 2025, after its portfolio size leaped by 15.5% last
year.
The lender posted a net recurring profit of 10.88
billion reais ($1.88 billion) for the quarter ended in December,
up nearly 16% year-on-year and in line with an estimate of 10.89
billion reais from analysts polled by LSEG.
Its return on equity, a gauge of profitability, stood at
22.1% in the quarter, up from 21.1% a year earlier, but down
from 22.7% in the third quarter.
In addition, Itau also announced a share buyback and the
issuance of a share bonus.
($1 = 5.7973 reais)