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Itaú Unibanco Introduces Voluntary Retirement Program, While Profits Rise

RIO DE JANEIRO, BRAZIL - Itaú Unibanco announced on Monday, July 29th, a net taxable income for the second quarter of 2019 of R$ 6.815 (US$1,78) billion, an increase of 9.1 percent in comparison to the same period of the previous year (R$ 6.244 billion).

In relation to the first quarter, taxable income increased 1.6 percent (R$ 6.710 billion).
The bank's recurring net income, which excludes one-off factors in the fiscal quarter, totaled R$ 7.034 billion between April and June, a 10.2 percent increase over the same period in 2018 . . .

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