Itau Unibanco (ITUB) Q2 Earnings & Revenues Increase Y/Y

Itau Unibanco Holding S.A. (ITUB) reported recurring managerial results of R$10.1 billion ($1.93 billion) for the second quarter of 2024, up 15.2% year over year. Higher revenues and an increase in managerial financial margin supported the results. Rising total deposits and assets reflected a strong balance sheet position. However, an increase in non-interest expenses acted as a spoilsport. Revenues & Expenses Increase Operating revenues were R$41.8 billion ($8.01 billion) in the reported quarter, up 7.7% y ...