July 30, 2018 / 10:24 PM / in 3 months

Brazil's Itaú Unibanco misses profit estimate

SAO PAULO, July 30 (Reuters) - Itaú Unibanco Holding SA , Brazil’s largest private lender, on Monday reported a weaker-than-forecast quarterly profit despite lower loan-loss provisions.

Recurring net income of 6.382 billion reais ($1.71 billion) was 1.5 percent below the Thomson Reuters consensus estimate of 6.481 billion reais.

$1 = 3.7273 reais Reporting by Carolina Mandl; Editing by Richard Chang

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