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ITUB logoItaú Unibanco Holding S.A.(ITUB)Earnings, Financials & Key Ratios

ITUB•NYSE•Banking & Credit
$8.45
$93.13B mkt cap·10.6× P/E·Price updated May 6, 2026
SectorFinancial ServicesIndustryRegional BanksSub-IndustryNon-US regional and universal banks
AboutItaú Unibanco Holding S.A. offers a range of financial products and services to individuals and corporate customers in Brazil and internationally. The company operates through three segments: Retail Banking, Wholesale Banking, and Activities with the Market and Corporation. It offers various deposit products, as well as loans and credit cards; investment and commercial banking services; real estate lending services; financing and investment services; and leasing and foreign exchange services. The company also provides property and casualty insurance products covering loss, damage, or liabilities for assets or persons, as well as life insurance products covering death and personal accident; and reinsurance products. It serves retail customers, account and non-account holders, individuals and legal entities, high income clients, microenterprises, and small companies. The company was formerly known as Itaú Unibanco Banco Múltiplo S.A. and changed its name to Itaú Unibanco Holding S.A. in April 2009. The company was incorporated in 1924 and is headquartered in São Paulo, Brazil. Itaú Unibanco Holding S.A. is a subsidiary of IUPAR - Itaú Unibanco Participações S.A.Show more
  • Net Interest Income$35.45B-52.7%
  • Total Revenue$384.58B+18.0%
  • Net Income$44.86B+9.2%
  • Return on Equity20.56%+5.2%
  • Net Interest Margin1.15%-56.1%
  • Efficiency Ratio21.42%-14.4%
  • ROA1.51%-0.6%
  • Equity / Assets6.99%-9.9%
  • Book Value per Share19.21-5.7%
  • Tangible BV/Share17.06-6.1%
  • Debt/Equity4.71+15.1%
Analysis→Technical→

ITUB Key Insights

Itaú Unibanco Holding S.A. (ITUB) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Strong 5Y profit CAGR of 18.9%
  • ✓Efficient operations: 21.4% efficiency ratio
  • ✓Good 3Y average ROE of 19.2%
  • ✓Diversified revenue: 33.7% from non-interest income

✗Weaknesses

  • ✗High debt to equity ratio of 4.7x
  • ✗Weak NIM of 1.2%
  • ✗Dividend payout exceeds 100% of earnings

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

ITUB Price & Volume

Itaú Unibanco Holding S.A. (ITUB) stock price & volume — 10-year historical chart

Loading chart...

ITUB Growth Metrics

Itaú Unibanco Holding S.A. (ITUB) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years8.99%
5 Years17.25%
3 Years14.96%
TTM-

Profit CAGR

10 Years5.71%
5 Years18.88%
3 Years15.38%
TTM9.18%

EPS CAGR

10 Years4.26%
5 Years20.61%
3 Years9.91%
TTM0.5%

Return on Capital

10 Years4.17%
5 Years4.06%
3 Years3.69%
Last Year2.76%

ITUB Recent Earnings

Itaú Unibanco Holding S.A. (ITUB) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 5/12 qtrs (42%)●Beat Revenue 8/12 qtrs (67%)
Q2 2026Latest
May 5, 2026
EPS
$0.22
Est $0.22
+1.5%
Revenue
$9.4B
Est $9.4B
-0.1%
Q1 2026
Feb 4, 2026
EPS
$0.17
Est $0.20
-15.0%
Revenue
$7.6B
Est $8.9B
-15.2%
Q4 2025
Nov 4, 2025
EPS
$0.18
Est $0.18
+0.0%
Revenue
$6.9B
Est $9.0B
-22.8%
Q3 2025
Aug 5, 2025
EPS
$0.18
Est $0.18
+0.0%
Revenue
$18.7B
Est $8.2B
+127.5%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 5, 2026
$0.22vs $0.22+1.5%
$9.4Bvs $9.4B-0.1%
Q1 2026Feb 4, 2026
$0.17vs $0.20-15.0%
$7.6Bvs $8.9B-15.2%
Q4 2025Nov 4, 2025
$0.18vs $0.18+0.0%
$6.9Bvs $9.0B-22.8%
Q3 2025Aug 5, 2025
$0.18vs $0.18+0.0%
$18.7Bvs $8.2B+127.5%
Based on last 12 quarters of dataView full earnings history →

ITUB Peer Comparison

Itaú Unibanco Holding S.A. (ITUB) competitors in Non-US regional and universal banks — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
BBD logoBBDBanco Bradesco S.A.Direct Competitor40.84B3.868.7037.11%13.25%4.46
BSBR logoBSBRBanco Santander (Brasil) S.A.Direct Competitor44.79B5.9818.1217.45%10.21%1.03
GFI logoGFIGold Fields LimitedDirect Competitor41.35B46.2033.4815.57%23.24%40.64%0.55
BBAR logoBBARBanco BBVA Argentina S.A.Direct Competitor3.19B15.6212.59-31.12%9.12%0.13
BMA logoBMABanco Macro S.A.Direct Competitor4.84B76.9721.07-33.31%6.12%0.11
GGAL logoGGALGrupo Financiero Galicia S.A.Direct Competitor5.76B43.445.10-23.52%12.91%0.36
CIB logoCIBGrupo Cibest S.A.Direct Competitor15.86B66.848.690.02%17.21%0.47
SAN logoSANBanco Santander, S.A.Product Competitor182.01B12.4012.14-7.71%12.76%4.40

Compare ITUB vs Peers

Itaú Unibanco Holding S.A. (ITUB) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs BBD

Most directly comparable listed peer for ITUB.

Scale Benchmark

vs C

Larger-name benchmark to compare ITUB against a more recognizable public peer.

Peer Set

Compare Top 5

vs BBD, BSBR, GFI, BBAR

ITUB Income Statement

Itaú Unibanco Holding S.A. (ITUB) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Net Interest Income67.31B62.56B42.19B40.81B59.95B72.42B64.14B74.98B35.45B
NII Growth %0.05%-7.05%-32.56%-3.28%46.89%20.8%-11.44%16.91%-52.72%
Net Interest Margin %4.69%4.03%2.58%2.02%2.9%3.12%2.52%2.63%1.15%
Interest Income145.64B133.18B118.15B114.37B129.25B189.16B222.38B242.26B254.79B
Interest Expense78.33B70.61B75.96B73.56B69.31B116.75B158.25B167.28B219.34B
Loan Loss Provision18.38B10.59B18.3B24.45B14B28.15B31.56B29.47B32.62B
Non-Interest Income38.57B37.56B70.23B59.21B62.24B63.96B84.25B83.59B129.79B
Non-Interest Income %20.94%22%37.28%34.11%32.5%25.27%27.47%25.65%33.75%
Total Revenue
184.21B▲ 0%
170.74B▼ 7.3%
188.39B▲ 10.3%
173.58B▼ 7.9%
191.49B▲ 10.3%
253.12B▲ 32.2%
306.63B▲ 21.1%
325.85B▲ 6.3%
384.58B▲ 18.0%
Revenue Growth %-12.16%-7.31%10.34%-7.86%10.32%32.19%21.14%6.27%18.03%
Non-Interest Expense56.92B58.93B62.89B70.34B65.95B71.53B77.12B81.54B82.38B
Efficiency Ratio30.9%34.52%33.38%40.52%34.44%28.26%25.15%25.03%21.42%
Operating Income
30.58B▲ 0%
30.61B▲ 0.1%
31.24B▲ 2.1%
5.23B▼ 83.3%
42.23B▲ 707.5%
36.69B▼ 13.1%
39.7B▲ 8.2%
47.56B▲ 19.8%
50.25B▲ 5.7%
Operating Margin %16.6%17.93%16.58%3.01%22.05%14.5%12.95%14.59%13.07%
Operating Income Growth %-14.29%0.08%2.07%-83.26%707.48%-13.11%8.19%19.79%5.66%
Pretax Income
30.58B▲ 0%
30.61B▲ 0.1%
31.24B▲ 2.1%
5.23B▼ 83.3%
42.23B▲ 707.5%
36.69B▼ 13.1%
39.7B▲ 8.2%
47.56B▲ 19.8%
50.25B▲ 5.7%
Pretax Margin %16.6%17.93%16.58%3.01%22.05%14.5%12.95%14.59%13.07%
Income Tax7.36B4.97B3.43B-9.83B13.85B6.45B5.82B5.43B4.4B
Effective Tax Rate %24.06%16.23%10.98%-188.03%32.79%17.58%14.67%11.41%8.76%
Net Income
23.19B▲ 0%
24.91B▲ 7.4%
27.11B▲ 8.9%
18.9B▼ 30.3%
26.76B▲ 41.6%
29.21B▲ 9.1%
33.1B▲ 13.3%
41.09B▲ 24.1%
44.86B▲ 9.2%
Net Margin %12.59%14.59%14.39%10.89%13.97%11.54%10.8%12.61%11.66%
Net Income Growth %7.24%7.39%8.86%-30.31%41.62%9.14%13.35%24.11%9.18%
Net Income (Continuing)23.23B25.64B27.81B15.06B28.38B30.24B33.88B42.13B45.85B
EPS (Diluted)
2.43▲ 0%
2.55▲ 4.9%
2.77▲ 8.6%
1.54▼ 44.4%
2.72▲ 76.6%
2.96▲ 8.8%
3.05▲ 3.0%
3.78▲ 23.9%
3.93▲ 4.0%
EPS Growth %2.97%4.94%8.63%-44.4%76.62%8.82%3.04%23.93%3.97%
EPS (Basic)2.452.562.781.542.742.983.053.823.97
Diluted Shares Outstanding9.82B9.77B9.79B9.8B9.83B9.86B10.85B10.86B11.19B

ITUB Balance Sheet

Itaú Unibanco Holding S.A. (ITUB) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash & Short Term Investments713.61B487.19B458.04B570.11B517.4B577.22B615.43B637.43B427.12B
Cash & Due from Banks146.63B157.73B156.2B191.97B224.85B210.72B228.41B263.76B270.61B
Short Term Investments566.98B329.46B301.84B378.14B292.56B366.5B387.01B373.68B156.51B
Total Investments1.23T1.26T1.33T1.66T1.67T1.92T2.1T2.37T2.25T
Investments Growth %5.36%2.35%5.28%25.12%0.52%14.99%9.39%12.73%-4.92%
Long-Term Investments664.02B930.46B1.02T1.28T1.38T1.55T1.71T1.99T2.09T
Accounts Receivables2.84B3.16B3.24B2.98B3.84B3.61B3.78B4.08B4.4B
Goodwill & Intangibles19.38B19.33B19.72B17.33B21.11B23.11B23.36B24B24.09B
Goodwill11.14B11.44B11.16B8.19B7.82B7.55B7.83B8.35B8.34B
Intangible Assets8.24B7.89B8.56B9.14B13.29B15.56B15.53B15.65B15.75B
PP&E (Net)7.36B7.3B10.97B11.85B12.01B11.63B12.49B13.26B12.63B
Other Assets-15.46B21.85B24.29B20.58B20.69B20.95B22.45B20.18B667.47B
Total Current Assets725.07B541.07B519.02B631.43B588.94B661.93B719.65B746.18B204.32B
Total Non-Current Assets711.17B1.01T1.12T1.39T1.48T1.66T1.82T2.11T2.87T
Total Assets
1.44T▲ 0%
1.55T▲ 8.1%
1.64T▲ 5.5%
2.02T▲ 23.3%
2.07T▲ 2.5%
2.32T▲ 12.2%
2.54T▲ 9.6%
2.85T▲ 12.2%
3.08T▲ 7.8%
Asset Growth %6.28%8.12%5.45%23.31%2.47%12.17%9.57%12.24%7.78%
Return on Assets (ROA)1.66%1.67%1.7%1.03%1.31%1.33%1.36%1.52%1.51%
Accounts Payable000000000
Total Debt536.18B559.07B544.15B577.99B574.07B721.4B814.62B905.63B1.01T
Net Debt389.54B401.35B387.95B386.02B349.22B510.68B586.21B641.87B741.99B
Long-Term Debt124.13B147.14B160.23B180.23B189.88B265.87B261.51B277.99B423.56B
Short-Term Debt412.04B411.94B375.66B387.62B378.86B451.6B549.81B623.96B585.76B
Other Liabilities347.26B364.99B412.25B458.98B464.41B529.71B560.13B651.78B1.84T
Total Current Liabilities817.77B887.23B907.66B1.22T1.24T1.34T1.52T1.7T585.76B
Total Non-Current Liabilities474.11B515.1B580.36B647.9B663.18B802.6B826.82B935.31B2.28T
Total Liabilities1.29T1.4T1.49T1.86T1.9T2.14T2.34T2.63T2.86T
Total Equity
144.36B▲ 0%
150.47B▲ 4.2%
149.47B▼ 0.7%
154.53B▲ 3.4%
164.48B▲ 6.4%
177.11B▲ 7.7%
199.05B▲ 12.4%
221.28B▲ 11.2%
214.97B▼ 2.9%
Equity Growth %9.04%4.23%-0.67%3.39%6.44%7.68%12.39%11.17%-2.85%
Equity / Assets (Capital Ratio)10.05%9.69%9.13%7.65%7.95%7.63%7.83%7.75%6.99%
Return on Equity (ROE)16.76%16.9%18.08%12.43%16.78%17.1%17.6%19.55%20.56%
Book Value per Share14.7015.3915.2715.7716.7317.9618.3420.3819.21
Tangible BV per Share12.7313.4213.2614.0014.5815.6216.1918.1717.06
Common Stock97.15B97.15B97.15B97.15B90.73B90.73B90.73B90.73B136.84B
Additional Paid-in Capital1.93B2.12B2.17B2.52B00002.87B
Retained Earnings26.03B29.67B29.88B000000
Accumulated OCI9.01B9.67B9B46.75B62.66B77.06B99.46B121.27B64.7B
Treasury Stock-2.74B-1.82B-1.27B-907M-528M-71M-11M-909M-12.99M
Preferred Stock000000000

ITUB Cash Flow Statement

Itaú Unibanco Holding S.A. (ITUB) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash from Operations8.64B22.71B35.16B59.49B60.11B129.63B77.49B-96.32B129.38B
Operating CF Growth %-71.49%162.77%54.83%69.2%1.03%115.67%-40.22%-224.3%234.33%
Net Income24.27B25.64B27.81B15.06B28.38B30.24B33.88B42.13B43.98B
Depreciation & Amortization3.17B3.57B3.56B3.73B4.23B4.8B5.65B6.44B0
Deferred Taxes5.1B10.29B2.5B-239M10.02B3.21B2.13B00
Other Non-Cash Items46.23B12.96B20.83B35.62B44.79B52.09B41.7B-68.08B33.66B
Working Capital Changes-70.21B-29.65B-19.4B5.1B-27.31B39.06B-6.07B-77.62B51.75B
Cash from Investing-3.84B20.13B-38.66B753M-4.84B-73.27B-31.23B6.97B-210.16B
Purchase of Investments-23.81B-9.77B-387M-11.91B-33M-65.63B-41.41B0-156.19B
Sale/Maturity of Investments22.95B31.88B68M16.84B623M018.46B042.81B
Net Investment Activity-857M22.11B-319M4.93B590M-65.63B-22.95B0-113.38B
Acquisitions-245M1.38B00-10M00-135M0
Other Investing858M-495M-36.72B-2.46B3.66B-4.91B-4.47B8.94B-89.81B
Cash from Financing-16.92B-31.58B-21.3B-13.55B-31.46B-31.71B-22.45B81.69B88.6B
Dividends Paid-10.38B-20.09B-25.91B-11.55B-6.27B-6.71B-10.35B-21.31B-47.35B
Share Repurchases-3.09B-510M0000-689M-1.77B-3.02B
Stock Issued980M1.19B742M494M510M453M689M772M928.4M
Net Stock Activity-2.11B677M742M494M510M453M0-1B-2.1B
Debt Issuance (Net)-1000K-1000K1000K-1000K-1000K-1000K-1000K1000K1000K
Other Financing5.42B-26M-1.84B2.82B-1.54B-3.26B-1.29B104.44B94.56B
Net Change in Cash
-12.8B▲ 0%
12.24B▲ 195.6%
-24.75B▼ 302.1%
35.01B▲ 241.5%
3.86B▼ 89.0%
370M▼ 90.4%
12.29B▲ 3220.5%
743M▼ 94.0%
0▼ 100.0%
Exchange Rate Effect-687M990M54M-11.68B-19.94B-24.28B-11.53B8.4B-7.82B
Cash at Beginning96.12B83.31B95.56B70.81B105.82B103.89B104.26B116.54B0
Cash at End83.31B95.56B70.81B105.82B109.69B104.26B116.54B117.29B0
Interest Paid0077.31B77.01B0107.47B115.52B131.1B0
Income Taxes Paid000000000
Free Cash Flow
5.05B▲ 0%
19.84B▲ 293.1%
30.85B▲ 55.4%
54.18B▲ 75.6%
51.02B▼ 5.8%
121.14B▲ 137.4%
68.3B▼ 43.6%
-98.15B▼ 243.7%
128.23B▲ 230.6%
FCF Growth %-82.13%293.13%55.44%75.65%-5.83%137.41%-43.62%-243.7%230.64%

ITUB Banking Ratios

Itaú Unibanco Holding S.A. (ITUB) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)17.55%16.76%16.9%18.08%12.43%16.78%17.1%17.6%19.55%20.56%
Return on Assets (ROA)1.65%1.66%1.67%1.7%1.03%1.31%1.33%1.36%1.52%1.51%
Net Interest Margin4.98%4.69%4.03%2.58%2.02%2.9%3.12%2.52%2.63%1.15%
Efficiency Ratio26.91%30.9%34.52%33.38%40.52%34.44%28.26%25.15%25.03%21.42%
Equity / Assets9.8%10.05%9.69%9.13%7.65%7.95%7.63%7.83%7.75%6.99%
Book Value / Share13.4414.715.3915.2715.7716.7317.9618.3420.3819.21
NII Growth-7.49%0.05%-7.05%-32.56%-3.28%46.89%20.8%-11.44%16.91%-52.72%
Dividend Payout35.48%46.57%80.67%95.58%61.13%23.42%22.96%31.26%51.88%105.56%

ITUB Frequently Asked Questions

Itaú Unibanco Holding S.A. (ITUB) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Itaú Unibanco Holding S.A. (ITUB) grew revenue by 18.0% over the past year. This is strong growth.

Yes, Itaú Unibanco Holding S.A. (ITUB) is profitable, generating $44.86B in net income for fiscal year 2025 (11.7% net margin).

Dividend & Returns

Yes, Itaú Unibanco Holding S.A. (ITUB) pays a dividend with a yield of 10.14%. This makes it attractive for income-focused investors.

Itaú Unibanco Holding S.A. (ITUB) has a return on equity (ROE) of 20.6%. This is excellent, indicating efficient use of shareholder capital.

Industry Metrics

Itaú Unibanco Holding S.A. (ITUB) has a net interest margin (NIM) of 1.2%. NIM has been under pressure due to interest rate environment.

Itaú Unibanco Holding S.A. (ITUB) has an efficiency ratio of 21.4%. This is excellent, indicating strong cost control.

Explore More ITUB

Itaú Unibanco Holding S.A. (ITUB) financial analysis — history, returns, DCA and operating performance tools

Full ITUB Stock Analysis

Analyst verdict, bull/bear case, risk factors and peer comparison

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Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

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Price History

Long-term charts & historical price data

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Revenue History

Sales growth patterns & revenue breakdown

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Financial Ratios

30 years of market, efficiency and balance-sheet ratios

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Valuation

DCF intrinsic value, peer multiples & estimates

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