Itau Unibanco (ITUB) is delivering solid results in credit thanks to continued high rates and credit access initiatives. Brazil is in a reasonable economic spot as well, though ITUB seems to be outperforming the general conditions in the market also in terms of credit cost. In terms of valuation, Brazilian cost of equity is quite high due to the higher baseline rates, and we think ITUB is valued to provide a fair Brazilian return.
ITUB reports 11% profit growth in third-quarter 2025 as higher revenues and financial margins offset rising expenses.
Banco Itau (ITUB) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
| Banks Industry | Financials Sector | Milton Maluhy Filho CEO | XBER Exchange | US4655621062 ISIN |
| BR Country | 99,600 Employees | 11 Dec 2025 Last Dividend | 19 Mar 2025 Last Split | 25 Feb 2002 IPO Date |
Itaú Unibanco Holding S.A., rooted in São Paulo, Brazil, is a financial powerhouse offering a wide spectrum of services and products to both individual and corporate clients across Brazil and beyond. The company, established in 1924, transitioned its name from Itaú Unibanco Banco Múltiplo S.A. to Itaú Unibanco Holding S.A. in April 2009, reflecting its expansive holding structure. This structure includes Itaú Unibanco Participações S.A. (IUPAR) as its parent company. Itaú Unibanco operates through three main segments: Retail Banking, Wholesale Banking, and Activities with the Market + Corporation, each tailored to meet the diverse needs of its comprehensive client base that ranges from retail customers and small businesses to high net worth individuals and middle-market companies.
Itaú Unibanco Holding S.A. offers a comprehensive portfolio of financial products and services designed to meet the needs of a diverse clientele. These include: