Brazil's Itau Unibanco posts 18% increase in Q3 recurring profit-March 2024-www.financetom.com

Brazil's Itau Unibanco posts 18% increase in Q3 recurring profit

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Brazil's Itau Unibanco posts 18% increase in Q3 recurring profit

Nov 4, 2024 2:13 PM

SAO PAULO, Nov 4 (Reuters) - Brazil's Itau Unibanco ( ITUB )

, Latin America's largest private lender, on Monday

posted a 18% increase in its third-quarter net recurring profit

from a year earlier.

Itau reported a 10.68 billion real ($1.84 billion) net

recurring profit for the quarter ended in September, beating a

10.4 billion reais estimate by analysts polled by LSEG.

($1 = 5.7916 reais)

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