SAO PAULO, Feb 5 (Reuters) - Brazil's largest private lender, Itau Unibanco, reported on Monday a 4% increase in fourth-quarter recurring net profit compared with the previous year.

Itau said its recurring net profit for the final quarter of 2023 was 9.40 billion reais, while analysts polled by LSEG expected 9.38 billion reais.

(Reporting by Peter Frontini; Editing by Anthony Esposito)