Investors interested in Banks - Foreign stocks are likely familiar with Banco Itau (ITUB) and Canadian Imperial Bank (CM). But which of these two stocks offers value investors a better bang for their buck right now?
Itau Unibanco NYSE: ITUB reported what Chief Executive Officer Milton Maluhy Filho called a “very strong” first quarter of 2026, with managerial net income of BRL 12.3 billion, up 10% from a year earlier, as profitability remained high despite margin headwinds tied to an early dividend payment and calendar effects.
Banco Itau (ITUB) has been upgraded to a Zacks Rank #2 (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 | XSTU Exchange | 465562106 CUSIP |
| BR Country | 99,600 Employees | 2 Oct 2026 Last Dividend | 29 Dec 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: