ITUB

Itau Unibanco Holding SA
D

ITUB

Arincen52/100B

If you had invested in Itau Unibanco Holding SA ago, it would be worth $2,260 today, against $4,128 in SPY and $6,186 in QQQ.

ArincenArincen ScoreBeta

52/100

Six parts of the company, five checks each, from its own reported figures. A part scores the checks it passes out of 10; the score is their average out of 100.

Profitability6

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Cash8

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Valuation5

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Growth8

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Financial strength0

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Shareholders4

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Figures to FY2025; the price as of today.

Itau Unibanco Holding SA key facts

Style
Value stock · 8.1/10Growth 6.7 · Value 8.1 · Dividend 1.2
Day range
7.32000 – 7.49000
52-week range
6.81553 – 10.20000
Market capitalization
81.23B USD
P/E
9.28
EPS
0.79
Div Yield
0.54%
EPS growth forecast (FY2026)
+19.6%
Volume
3,110,530
Sector
Financial Services
Industry
Banks
CEO
Milton Maluhy Filho
Employees
100K
IPO date
25 Feb 2002

Itau Unibanco Holding SA earnings

Next earnings · Q4 FY2026
EPS estimate
0.23 USD
Revenue estimate
9.74B USD
Last quarter · Q3 FY2026
EPS0.21Missed -4.5%Revenue8.81BMissed -7.9%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growth
Q4 FY20260.23——+35.29%9.74B——+28.47%
Q3 FY20260.220.21-4.55%+16.67%9.57B8.81B-7.95%+27.06%
Q2 FY20260.220.21-4.55%+16.67%9.29B9.07B-2.37%-51.57%
Q1 FY20260.220.20-9.09%+11.11%9.41B8.88B-5.63%-45.47%
Q4 FY20250.200.17-15.00%0.00%8.94B7.58B-15.16%-42.73%
Q3 FY20250.180.180.00%-10.00%8.97B6.93B-22.78%-49.97%
Q2 FY20250.180.180.00%-10.00%8.23B18.74B+127.52%+152.97%

Itau Unibanco Holding SA analyst forecast

12-month price target
9.80 USD
+32.97%

Analysts' 1-year price targets range from 9.10 to 10.50, with an average of 9.80.

Past year
1-year forecast
Strong sellStrong buy
Buy
3 ratings
Strong buy
0
Buy
2
Hold
1
Sell
0
Strong sell
0

12-month price target

Highest target10.50
Average target9.80
Lowest target9.10
Current price7.37

Itau Unibanco Holding SA valuation

Price to earnings ratio (TTM)
9.28
Forward P/E (FY2026)
8.68
Price to sales (TTM)
1.09
Price to book
1.93
EV / EBITDA (TTM)
21.67

Capital structure

Market capitalization
81.23B USD
+
Total debt
196.98B USD
−
Cash and short-term investments
40.00B USD
=
Enterprise value
238.21B USD

Valuation over time

P/EForward P/EForward P/E · EstimateEstimate
Fiscal yearP/EForward P/EP/SP/BEV/EBITDA
FY2027 (est.)7.95————
FY2026 (est.)8.687.95———
Now (TTM)9.288.051.091.9321.67
FY20259.888.451.132.1320.41
FY20247.405.600.931.4417.51
FY202310.066.251.091.7520.27
FY20227.596.250.881.3217.65
FY20216.936.280.971.2111.51

Itau Unibanco Holding SA against its own history

Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: The Travelers Companies, Brookfield Asset Management, Arthur J. Gallagher &, KKR & Co., Moody's, and The PNC Financial Services Group, the US Financial Services companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

  • P/E (today)Above its median9.3
    5.512.2
  • Gross marginLowest in 5 years34.5%
    34.5%56.5%
    Against its peers: 5 of 7Peers' median 60.2%
  • Operating marginBelow its median13.1%
    12.9%22.1%
    Against its peers: 6 of 7Peers' median 21.6%
  • Net marginAt its median11.7%
    10.8%14.0%
    Against its peers: 6 of 7Peers' median 16.6%
  • Return on equityHighest in 5 years21.9%
    17.4%21.9%
    Against its peers: 3 of 7Peers' median 15.3%
  • Free cash flow marginAbove its median33.3%
    -30.1%47.9%
    Against its peers: 3 of 7Peers' median 17.3%
  • Revenue growthAt its median18.0%
    6.3%32.2%
    Against its peers: 2 of 7Peers' median 7.0%
  • EPS growthBelow its median4.0%
    3.0%76.6%
    Against its peers: 5 of 7Peers' median 17.1%
  • Debt to EBITDAAbove its median17.57×
    12.36×17.96×
    Against its peers: 7 of 7Peers' median 2.85×
  • Current ratioLowest in 5 years0.35
    0.350.49
    Against its peers: 6 of 7Peers' median 1.24

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

Itau Unibanco Holding SA growth and profitability

Revenue (TTM)
409.74B USD
Net income (TTM)
48.22B USD
Gross margin
37.53%
Operating margin
13.51%
Net margin
11.77%

Revenue / Net income

Revenue Net income Net margin
PeriodRevenueGrowthNet incomeGrowthGross marginOperating marginNet marginEBITDAGrowth
FY2025384.58B+18.03%44.86B+9.18%34.49%13.07%11.66%57.64B+6.74%
FY2024325.85B+6.27%41.09B+24.11%39.62%14.59%12.61%54.00B+19.06%
FY2023306.63B+21.14%33.11B+13.35%38.10%12.95%10.80%45.35B+9.31%
FY2022253.12B+32.19%29.21B+9.14%42.76%14.50%11.54%41.49B-10.71%
FY2021191.49B+10.32%26.76B+41.62%56.50%22.05%13.97%46.46B+418.63%

How Itau Unibanco Holding SA makes its money

Revenue384.58B 100.0%
Cost of revenue251.96B 65.5%
Gross profit132.63B 34.5%
Selling and administration58.07B 15.1%
Other operating expenses24.31B 6.3%
Operating income50.25B 13.1%
Tax4.40B 1.1%
Other expense992.00M 0.3%
Net income44.86B 11.7%

FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.

Itau Unibanco Holding SA dividends

Annual dividend
0.04 USD
Dividend yield (indicated)
0.54%
Payout ratio
66.30%
Years of dividend growth
1
Frequency
Monthly
Last payment
0.00 USD
Last ex-dividend date
2 Dec 2026
Last payment date
11 Jan 2027

Dividends per share

Year2025202420232022202120202019201820172016
Dividends per share0.190.130.010.010.020.030.030.020.020.08

Itau Unibanco Holding SA financial health

Cash and short-term investments
220.16B USD
Total debt
1.08T USD
Net cash
-863.90B USD
Current ratio
0.35
Debt to equity
4.68
Piotroski score
6 / 9
Altman Z-score
0.11

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow
Fiscal yearCash and short-term investmentsTotal debtFree cash flow
FY2025427.12B1.01T128.23B
FY2024637.43B905.63B-98.15B
FY2023615.43B814.62B68.30B
FY2022577.22B721.40B121.14B
FY2021517.40B574.07B51.03B

Itau Unibanco Holding SA ownership

Institutions
10.56%
Institutional holders
403 (+2)
Free float
53.08%

Who owns the shares

Institutions 10.6% Others 89.4%
As of 30 Jun 2026

Shares free to trade

Free float 5.85B shares ·53.1% Closely held 5.17B shares ·46.9%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Insider trading

QuarterPurchasesSalesShares acquiredShares disposed of
Q3 2026020.00134.64K
Q2 202604410.29K292.28K
Q1 2026000.000.00

Shares outstanding

Basic shares Diluted shares Change in diluted shares
Fiscal yearBasic sharesDiluted sharesChange in diluted shares
FY202511.08B11.19B+3.07%
FY202410.86B10.86B+0.03%
FY202310.85B10.85B+10.09%
FY20229.80B9.86B+0.28%
FY20219.78B9.83B+0.30%

Source: Financial Modeling Prep

Related Instruments

Title: Itau Unibanco Banco Holding SA

Sector: Financial Services
Industry: Banks
Itau Unibanco is the largest privately held bank in Brazil, the result of the 2008 merger between Banco Itau and Unibanco. In addition to Brazil, the bank has significant operations in Chile, Colombia, Argentina, Uruguay, and Paraguay. Itau's commercial and consumer loans account for 35% and 43% of the bank's total loans, respectively, while foreign loans account for 22% of its portfolio as of the end of 2025. The bank also operates the fifth-largest insurer in Brazil and isthe second-largest asset manager in the country, giving it broad reach over the Brazilian financial system.

Common questions about Itau Unibanco Holding SA stock

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