ITUB
Financial ServicesItaú Unibanco Holding S.A. · Banks - Regional · $86B
What is Itaú Unibanco Holding S.A.?
Itaú Unibanco Holding S.A. is one of Latin America's largest financial institutions, serving millions of retail and corporate customers across Brazil and international markets. The bank operates across retail banking, wholesale banking, and capital markets activities.
Itaú Unibanco generates revenue through a broad mix of banking and financial services. On the retail side, it offers deposit accounts, consumer loans, credit cards, and real estate financing. Its wholesale division serves corporations with investment banking, trade finance, and foreign exchange services. The company also operates an insurance arm covering property, casualty, life, and personal accident products, as well as reinsurance. This diversified model allows the bank to capture income across economic cycles in Brazil and select international markets.
Incorporated in 1924 in its earliest form, the holding company as it exists today was established in 2002 and is headquartered in São Paulo, Brazil.
- Retail banking: deposits, consumer loans, and credit cards
- Wholesale and investment banking services
- Real estate and leasing financing
- Property, casualty, and life insurance products
- Foreign exchange and reinsurance services
Is ITUB a Good Stock to Buy?
UQS Score rates ITUB as Below Average overall, reflecting a mixed picture across its five quality pillars.
The Quality pillar earns a Good rating, suggesting the bank maintains a reasonably sound operational foundation relative to sector peers. Valuation is rated Attractive, meaning the stock appears priced favorably compared to its fundamentals — a potential point of interest for value-oriented investors.
The Risk pillar is rated Weak, which is the most significant drag on the overall score. Both Moat and Growth are rated Neutral, indicating limited competitive differentiation and modest forward momentum at this time.
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Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does ITUB pay dividends?
Yes — Itaú Unibanco Holding S.A. pays a dividend.
Itaú Unibanco pays a regular dividend, consistent with the capital-return practices common among large Latin American banks. As a mature financial institution with broad retail and corporate operations, the company has the earnings base to support ongoing distributions to shareholders. Investors seeking income exposure to emerging-market banking often consider ITUB for its dividend profile alongside its growth characteristics.
When does ITUB report earnings?
Itaú Unibanco reports earnings on a quarterly cadence, consistent with standard practice for internationally listed financial institutions.
The bank's results reflect the dynamics of Brazil's credit environment, including loan growth trends, credit quality shifts, and net interest margin movements. Insurance and fee-based revenues also contribute meaningfully to quarterly outcomes.
For the most recent quarter's results and guidance, visit Itaú Unibanco's official investor relations page.
ITUB Price History
+179.1% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Itaú Unibanco Holding S.A.?
Based on Itaú Unibanco Holding S.A.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
ITUB Long-term Outlook
With Growth and Moat both rated Neutral, ITUB's near-term trajectory appears stable rather than expansionary. The Attractive Valuation rating suggests the market may not be fully pricing in the bank's earnings capacity, which could support returns over time. However, the Weak Risk rating warrants attention — elevated risk factors in the Brazilian macroeconomic environment and credit cycle could weigh on outcomes. The Quality pillar's Good rating provides some confidence in the bank's underlying operational discipline.
Growth drivers
- Expanding credit penetration in Brazil's large underbanked population
- Fee income growth from insurance and investment products
- International diversification providing incremental revenue streams
Key risks
- Elevated macroeconomic and credit-cycle risk in Brazil
- Currency volatility affecting international earnings translation
- Regulatory and capital requirement changes in the Brazilian banking sector
ITUB vs Peers
ITUB operates in a global landscape of large diversified banks, each with distinct geographic and business-model profiles.
ICICI Bank is India's leading private-sector bank, offering a comparable emerging-market growth story but within the Indian credit and consumer finance ecosystem.
Mizuho is a major Japanese banking group with deep wholesale and corporate banking roots, operating primarily in a developed-market, low-rate environment.
PNC is a large US regional bank focused on retail and commercial banking, providing a developed-market peer benchmark for ITUB's diversified banking model.
Frequently Asked Questions
What does Itaú Unibanco do?
Itaú Unibanco is a large Brazilian financial institution offering retail banking, wholesale banking, insurance, and capital markets services. It serves individuals, small businesses, and large corporations across Brazil and select international markets, generating revenue through loans, deposits, fees, and insurance premiums.
Does ITUB pay dividends?
Yes, Itaú Unibanco pays a regular dividend. As one of Latin America's largest banks, it has an established history of returning capital to shareholders. Investors should check the company's investor relations page for the most current dividend schedule and payment details.
When does ITUB report earnings?
Itaú Unibanco reports financial results on a quarterly basis, in line with standard practice for internationally listed banks. For exact dates and upcoming reporting schedules, refer to the investor relations section of the company's official website.
Is ITUB a good stock to buy?
UQS Score rates ITUB as Below Average overall. The Valuation pillar is rated Attractive and Quality is rated Good, but the Weak Risk rating and Neutral ratings on Moat and Growth temper the overall picture. Whether it suits your portfolio depends on your risk tolerance and investment goals — the full pillar breakdown is available to Pro members.
Is ITUB overvalued?
Based on the UQS Valuation pillar, ITUB is rated Attractive, suggesting the stock is not considered overvalued relative to its fundamentals. This may appeal to investors looking for value exposure within the emerging-market banking sector, though valuation alone does not offset the elevated risk profile.
How does ITUB compare to its competitors?
ITUB competes in the global large-bank space alongside peers like ICICI Bank, Mizuho Financial Group, and PNC Financial Services. Each operates in a different geographic and regulatory environment. ITUB's differentiation lies in its dominant position within Brazil's banking market and its diversified insurance and wholesale banking operations.
What is ITUB's market cap bracket?
Itaú Unibanco is classified as a large-cap stock, reflecting its status as one of the most significant financial institutions in Latin America by total assets and market value.
Who founded Itaú Unibanco?
The roots of Itaú Unibanco trace back to 1924, with the modern holding structure formed through a series of mergers over decades. The current holding company was established in 2002. Detailed founding history is widely available through the company's official corporate history resources.
Is ITUB a long-term quality stock?
From a long-term quality perspective, ITUB's Good Quality pillar rating indicates a reasonably sound operational base. However, the Weak Risk rating is a meaningful consideration for long-term holders. Investors focused on long-term quality indicators should weigh the bank's earnings stability against Brazil's macroeconomic volatility.
What is the main competitive advantage of Itaú Unibanco?
Itaú Unibanco's scale within Brazil — spanning retail, wholesale, and insurance — creates operational breadth that smaller regional banks cannot easily replicate. Its established brand, large customer base, and diversified revenue streams provide a degree of resilience, though the UQS Moat pillar rates this advantage as Neutral at present.
What sector does ITUB belong to?
ITUB belongs to the Financial Services sector, specifically within the diversified banking industry. It operates across retail banking, wholesale banking, and insurance — making it a broad-based financial conglomerate rather than a narrowly focused lender.
Is ITUB a growth stock or value stock?
Based on UQS pillar ratings, ITUB leans toward the value side of the spectrum. The Valuation pillar is rated Attractive while the Growth pillar is rated Neutral, suggesting the stock is not priced for high growth expectations but may offer value relative to its current earnings profile.
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Pro Analysis
ITUB — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 7, 2026 | 49.0 | 69.8 | 45.0 | 40.1 | 0.0 | 81.9 | 0.0 |
| Apr 26, 2026 | 49.0 | 69.8 | 45.0 | 40.1 | 0.0 | 81.7 | 0.0 |
| Apr 24, 2026 | 49.0 | 69.8 | 45.0 | 40.1 | 0.0 | 82.0 | 0.0 |
| Apr 19, 2026 | 49.0 | 69.8 | 45.0 | 40.0 | 0.0 | 82.0 | +0.2 |
| Apr 18, 2026 | 48.8 | 69.8 | 45.0 | 38.8 | 0.0 | 82.1 | -2.7 |
| Apr 17, 2026 | 51.5 | 69.8 | 45.0 | 38.8 | 0.0 | 100.0 | 0.0 |
| Apr 16, 2026 | 51.5 | 69.8 | 45.0 | 38.9 | 0.0 | 100.0 | 0.0 |
| Apr 15, 2026 | 51.5 | 69.8 | 45.0 | 38.8 | 0.0 | 100.0 | 0.0 |
| Apr 14, 2026 | 51.5 | 69.8 | 45.0 | 38.9 | 0.0 | 100.0 | 0.0 |
| Apr 10, 2026 | 51.5 | 69.8 | 45.0 | 39.1 | 0.0 | 100.0 | 0.0 |
ITUB — Pillar Breakdown
Quality
— 70.0/100 (25%)Itaú Unibanco Holding S.A. shows solid profitability with healthy returns on capital and reasonable margins.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Free cash flow relative to market value.
Growth
— 40.1/100 (20%)Itaú Unibanco Holding S.A. shows steady but unspectacular growth, typical for mature companies.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 0.0/100 (15%)Itaú Unibanco Holding S.A. presents elevated risk with concerns around leverage or financial stability.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 80.0/100 (15%)Itaú Unibanco Holding S.A. appears attractively valued relative to its earnings, cash flows, and sector peers.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 45/100 (25%)Itaú Unibanco Holding S.A. possesses some competitive advantages but faces meaningful competition. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for ITUB.
Score Composition
Financial Data
More Stock Analysis
How is the ITUB UQS Score Calculated?
The UQS (Unified Quality Score) for Itaú Unibanco Holding S.A. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Itaú Unibanco Holding S.A.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Itaú Unibanco Holding S.A. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.