July 29, 2019 / 10:20 PM / a month ago

Brazil's Itau Unibanco Q2 profit up 10%, in line with estimates

SAO PAULO, July 29 (Reuters) - Brazil's largest private-sector lender Itau Unibanco Holding SA on Monday reported a 10.2% gain in second-quarter recurring profit to 7.034 billion reais ($1.86 billion), helped by loan book growth and trading gains.

Itau's recurring net income, which excludes one-time items, was roughly in line with analysts' estimate of 6.977 billion reais, according to a Refinitiv consensus estimate.

$1 = 3.7814 reais Reporting by Carolina Mandl; Editing by Christian Plumb

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