Corporate Debt Restructuring Masterclass

18 July 2022 (Mon), 5pm Singapore/HK time

Itau Unibanco’s Q1 Profits Up 15%

Itau Unibanco’s Q1 Profits Up 15%

Brazilian lender Itau Unibanco reported a 15% YoY jump in its quarterly net income to BRL 7.36bn ($1.45bn). Operating revenues picked up by 12% to BRL 33bn ($6.4bn) with an improvements across all of its segments. Its margins improving during the quarter to 21% from...
Itau Unibanco’s Q1 Profits Up 15%

Itau Unibanco Q2 Profits Jump as Provisions Fall

Itau Unibanco reported a net income increase of 55.6% to BRL 6.54bn ($1.26bn) in Q2, boosted by a sharp drop in provisions for pandemic-related bad loans, roughly in-line with forecasts of BRL 6.42bn ($1.24bn), according to Refinitiv. Itau’s provision for loan losses...
Show Buttons
Hide Buttons