Brazil's Itau Unibanco sees loan book rising by up to 8.5% in 2025
ReutersFeb 5, 2025 9:42 PM
SAO PAULO, Feb 5 (Reuters) - Brazilian bank Itau Unibanco ITUB4.SA, Latin America's largest private lender by total assets, expects its total loan book to grow between 4.5% and 8.5% this year from 2024, it announced on Wednesday alongside its fourth-quarter earnings.
Itau 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.
($1 = 5.7973 reais)
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