Financial Services · Banks - Regional
Price
$8.23
Market Cap
$90.7B
Employees
99,600
Beta
0.16
Avg Volume
22,909,111
CEO
Milton Maluhy Filho
Business Description
Itaú Unibanco Holding S.A. delivers a broad spectrum of financial and insurance solutions to both individual and corporate clientele, operating within Brazil and internationally. The company organizes its activities across three primary divisions: Retail Banking, Wholesale Banking, and Activities with the Market and Corporation. Its extensive service portfolio encompasses various deposit instruments, lending products such as loans and credit cards, specialized investment and commercial banking, real estate financing, general financing and investment management, leasing, and foreign exchange services. Additionally, Itaú Unibanco is a prominent insurer, offering property and casualty coverage for losses, damages, or liabilities pertaining to assets and individuals, along with life insurance for death and personal accidents, and reinsurance. Its diverse customer base includes retail consumers (both account and non-account holders), private individuals and legal entities, high-net-worth clients, and micro to small enterprises. Established in 1924 and headquartered in São Paulo, Brazil, the firm adopted its current name, Itaú Unibanco Holding S.A., in April 2009, having previously been known as Itaú Unibanco Banco Múltiplo S.A. It functions as a subsidiary of IUPAR - Itaú Unibanco Participações S.A.
Business History
Price Overview
Last updated: Jun 27, 2026 8:59am (just now)$8.23
+0.20 (+2.49%)
Day Range
$8.00 – $8.23
52-Week Range
$5.93 – $9.60
50-Day MA
$8.18
200-Day MA
$7.84
Volume
27,199,590.00
Analyst Price Targets
Low
$4.37
Consensus
$6.38
High
$7.77
(4 analysts)
Share Structure
Outstanding
11,021,264,735.00
Float
5,850,578,173.00
Free Float
53.1%
Normal free float
— 53.1% of shares trade freely, ~46.9% held by insiders/institutions
Healthy float typical of established companies. Good liquidity for entering and exiting positions without major price impact.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
APIStock Price / EPS (Diluted)
10.13
Stock Price: $8.23
EPS (Diluted): 3.97
EPS (Diluted): 3.97
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
2.13
Stock Price: $8.23
Total Equity: $204.40B
Shares: 11,189,428,000
Total Equity: $204.40B
Shares: 11,189,428,000
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
24.70
Market Cap: $90.71B
Total Debt: $1,009.33B
Cash: $270.61B
EBITDA: $57.64B
Total Debt: $1,009.33B
Cash: $270.61B
EBITDA: $57.64B
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$1.2T
Market Cap: $90.71B
Total Debt: $1,009.33B
Cash: $270.61B
Total Debt: $1,009.33B
Cash: $270.61B
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
34.5%
Gross Profit: $132.63B
Revenue: $384.58B
Revenue: $384.58B
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
13.1%
Operating Income: $50.25B
Revenue: $384.58B
Revenue: $384.58B
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
11.7%
Net Income: $44.86B
Revenue: $384.58B
Revenue: $384.58B
ROE (Profit from shareholder equity)
APINet Income / Total Equity
21.7%
Net Income: $44.86B
Total Equity: $204.40B
Total Equity: $204.40B
ROIC (Profit from all invested capital)
APINOPAT / Invested Capital
1.5%
Operating Income: $50.25B
Tax Rate: 8.8%
Equity: $204.40B
Total Debt: $1,009.33B
Cash: $270.61B
Tax Rate: 8.8%
Equity: $204.40B
Total Debt: $1,009.33B
Cash: $270.61B
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
0.35
Current Assets: $204.32B
Current Liabilities: $585.76B
Current Liabilities: $585.76B
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
4.94
Short-Term Debt: $585.76B
Long-Term Debt: $423.56B
Total Debt: $1,009.33B
Total Equity: $204.40B
Long-Term Debt: $423.56B
Total Debt: $1,009.33B
Total Equity: $204.40B
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$34.37
Revenue: $384.58B
Shares: 11,189,428,000
Shares: 11,189,428,000
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$18.27
Total Equity: $204.40B
Shares: 11,189,428,000
Shares: 11,189,428,000
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$11.46
Operating CF: $129.38B
CapEx: -$1.15B
Shares: 11,189,428,000
CapEx: -$1.15B
Shares: 11,189,428,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
10.9%
Last Dividend: N/A
Stock Price: $8.23
Stock Price: $8.23
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $44.86B
Net Income: $44.86B
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares ITUB against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 27, 2026 8:59am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $191.5B | $253.1B | $306.6B | $325.8B | $384.6B |
| Cost of Revenue | $83.3B | $144.9B | $189.8B | $196.7B | $252.0B |
| Gross Profit | $108.2B | $108.2B | $116.8B | $129.1B | $132.6B |
| Operating Expenses | $66.0B | $71.5B | $77.1B | $81.5B | $82.4B |
| Operating Income | $42.2B | $36.7B | $39.7B | $47.6B | $50.3B |
| Net Income | $26.8B | $29.2B | $33.1B | $41.1B | $44.9B |
| EBITDA | $46.5B | $41.5B | $45.4B | $54.0B | $57.6B |
| EPS | $2.74 | $2.98 | $3.05 | $3.82 | $3.97 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 27, 2026 8:59am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $224.8B | $210.7B | $228.4B | $263.8B | $270.6B |
| Total Current Assets | $588.9B | $661.9B | $719.7B | $746.2B | $204.3B |
| Total Assets | $2.1T | $2.3T | $2.5T | $2.9T | $3.1T |
| Current Liabilities | $1.2T | $1.3T | $1.5T | $1.7T | $585.8B |
| Long-Term Debt | $189.9B | $265.9B | $261.5B | $278.0B | $423.6B |
| Total Liabilities | $1.9T | $2.1T | $2.3T | $2.6T | $2.9T |
| Total Equity | $152.9B | $167.7B | $190.2B | $211.1B | $204.4B |
| Retained Earnings | $0 | $0 | $0 | $0 | $0 |
Cash Flow (Annual)
Last updated: Jun 27, 2026 8:59am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $60.1B | $129.6B | $77.5B | -$96.3B | $129.4B |
| Capital Expenditure | -$9.1B | -$8.5B | -$9.2B | -$1.8B | -$1.2B |
| Free Cash Flow | $51.0B | $121.1B | $68.3B | -$98.2B | $128.2B |
| Acquisitions (net) | -$10.0M | $0 | $0 | -$135.0M | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | $0 | -$689.0M | -$1.8B | -$3.0B |
| Net Change in Cash | $3.9B | $370.0M | $12.3B | $743.0M | $0 |
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 8:59am (just now)| Metric | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| Revenue |
$203.5B $201.1B – $205.6B
|
$220.9B $216.9B – $228.4B
|
$236.6B $222.7B – $242.5B
|
$194.2B $182.8B – $199.0B
|
| EBITDA |
$35.4B $35.0B – $35.8B
|
$38.4B $37.7B – $39.7B
|
$41.2B $38.8B – $42.2B
|
$33.8B $31.8B – $34.6B
|
| Net Income |
$53.9B $52.1B – $56.4B
|
$60.0B $57.5B – $63.0B
|
$65.8B $60.8B – $67.9B
|
$71.9B $66.4B – $74.2B
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 27, 2026 8:59am (just now)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +32.2% | +21.1% | +6.3% | +18.0% |
| Gross Profit Growth | +0.0% | +7.9% | +10.5% | +2.7% |
| Operating Income Growth | -13.1% | +8.2% | +19.8% | +5.7% |
| Net Income Growth | +9.1% | +13.3% | +24.1% | +9.2% |
| EBITDA Growth | -10.7% | +9.3% | +19.1% | +6.7% |
Insider Trading (Recent)
Type codes
PPurchase
SSale
AAward / grant
MOption exercise
FIn-kind (tax)
CConversion
GGift
DReturn to issuer
All SEC Form 4 codes
Open market
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
Compensation (Rule 16b-3)
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
Other exempt
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
Other
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-05-08 | Egydio Setubal Roberto | A-Award | 75,923.00 | $0.00 | $0 |
| 2026-05-08 | Villela Marino Ricardo | A-Award | 48,460.00 | $0.00 | $0 |
| 2026-05-08 | Moreira Salles Pedro | A-Award | 75,923.00 | $0.00 | $0 |
| 2026-05-08 | Bodin de Moraes Pedro Luiz | A-Award | 20,998.00 | $0.00 | $0 |
| 2026-05-08 | Antunes Veras Paulo | A-Award | 20,998.00 | $0.00 | $0 |
| 2026-05-08 | Santana Maria Helena dos Santos Fernandes de | A-Award | 20,998.00 | $0.00 | $0 |
| 2026-05-08 | Lutz Marcos M | A-Award | 20,998.00 | $0.00 | $0 |
| 2026-05-08 | Moreira Salles Joao | A-Award | 20,998.00 | $0.00 | $0 |
| 2026-05-08 | Bloisi Rocha Fabricio | A-Award | 20,998.00 | $0.00 | $0 |
| 2026-05-08 | Gon Cesar Nivaldo | A-Award | 20,998.00 | $0.00 | $0 |
| 2026-05-08 | Bracher Candido | A-Award | 20,998.00 | $0.00 | $0 |
| 2026-05-08 | de Mattos Barretto Villela Ana Lucia | A-Award | 20,998.00 | $0.00 | $0 |
| 2026-05-08 | Egydio Setubal Alfredo | A-Award | 20,998.00 | $0.00 | $0 |
| 2026-04-17 | Guillinet Fajerman Sergio | S-Sale | 39,477.00 | $9.53 | $376,216 |
| 2026-04-15 | Guillinet Fajerman Sergio | S-Sale | 20,000.00 | $9.45 | $189,000 |
| 2026-04-14 | Guillinet Fajerman Sergio | S-Sale | 50,000.00 | $9.38 | $469,000 |
| 2026-04-08 | Teixeira Rodrigues Andre Luis | S-Sale | 182,800.00 | $8.82 | $1.6M |
| 2026-03-18 | Bodin de Moraes Pedro Luiz | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Antunes Veras Paulo | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Teixeira Rodrigues Andre Luis | 0.00 | $0.00 | $0 |
Dividend History (Last 20)
Last updated: Jun 27, 2026 8:59am (just now)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2026-12-02 | $0.00 | 2025-12-31 | 2026-12-02 | 2027-01-11 |
| 2026-11-04 | $0.00 | 2025-12-31 | 2026-11-04 | 2026-12-08 |
| 2026-10-02 | $0.00 | 2025-12-31 | 2026-10-02 | 2026-11-10 |
| 2026-09-02 | $0.00 | 2025-12-31 | 2026-09-02 | 2026-10-08 |
| 2026-08-04 | $0.00 | 2025-12-31 | 2026-08-04 | 2026-09-09 |
| 2026-07-02 | $0.00 | 2025-12-31 | 2026-07-02 | 2026-08-10 |
| 2026-06-22 | $0.07 | 2026-05-29 | 2026-06-22 | 2026-09-08 |
| 2026-06-02 | $0.00 | 2025-12-12 | 2026-06-02 | 2026-07-09 |
| 2026-05-05 | $0.00 | 2025-12-12 | 2026-05-05 | 2026-06-08 |
| 2026-04-02 | $0.00 | 2025-12-12 | 2026-04-02 | 2026-05-11 |
| 2026-03-23 | $0.07 | 2026-02-27 | 2026-03-23 | |
| 2026-03-03 | $0.00 | 2025-12-12 | 2026-03-03 | 2026-04-09 |
| 2026-02-03 | $0.00 | 2025-12-12 | 2026-02-03 | 2026-03-09 |
| 2026-01-05 | $0.00 | 2025-12-12 | 2026-01-05 | 2026-02-09 |
| 2025-12-11 | $0.41 | 2025-11-28 | 2025-12-11 | 2026-03-13 |
| 2025-12-02 | $0.00 | 2025-06-02 | 2025-12-02 | 2026-01-09 |
| 2025-11-04 | $0.00 | 2025-06-02 | 2025-11-04 | 2025-12-08 |
| 2025-10-02 | $0.00 | 2025-06-02 | 2025-10-02 | 2025-11-10 |
| 2025-09-02 | $0.00 | 2025-06-02 | 2025-09-02 | 2025-10-08 |
| 2025-08-20 | $0.07 | 2025-08-06 | 2025-08-20 | 2025-09-08 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for ITUB — it's generated by the pipeline (
market-narrative step).
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My Notes
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30