Itau Unibanco Holding SA (ADR)(NYSE:ITUB) 2Q2016 Recurring Net Income Declined 9%

Itau Unibanco Holding SA (ADR)(NYSE:ITUB) reported a smaller profit decline compared to analysts’ projections as the bank revenue gained from services, while cautioning that in coming period its loan book will narrow. The highlights Itau Unibanco reported that recurring net income in 2Q2016, which do not cover one-time items, dropped 9% to 5.58 billion reais. […]

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