Itau Unibanco Holding SA ADR

ITUB: XNYS (USA)
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Itau Unibanco Earnings: Strong Loan Growth and Lower Credit Costs Continue to Drive Growth

Itau Unibanco reported strong fourth-quarter results as the firm benefits from accelerating loan growth and stable credit results. Net revenue increased 7.6% to BRL 41 billion, while net income increased 15.8% to BRL 10.9 billion. These results translate to a return on equity of 22.1%.

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