ITAÚ UNIBANCO - MATERIAL FACT - PROJECTIONS 2025
Itaú Unibanco has released its financial projections for 2025, outlining key performance targets. The bank expects its total credit portfolio to grow between 4.5% and 8.5%, while financial margin with clients is projected to increase by 7.5% to 11.5%. The financial margin with the market is expected to range between R$1.0 billion and R$3.0 billion.
The bank forecasts cost of credit between R$34.5 billion and R$38.5 billion, with commissions and fees and insurance operations growth between 4.0% and 7.0%. Non-interest expenses are projected to grow between 5.5% and 8.5%, while the effective tax rate is expected to be between 27.0% and 29.0%. The company's cost of capital is estimated at around 15.0% per year as of February 2025.
Itaú Unibanco ha pubblicato le sue previsioni finanziarie per il 2025, delineando obiettivi chiave di performance. La banca prevede che il portafoglio crediti totale cresca tra il 4,5% e l'8,5%, mentre il margine finanziario con i clienti dovrebbe aumentare tra il 7,5% e l'11,5%. Si prevede che il margine finanziario con il mercato si attesti tra R$1,0 miliardo e R$3,0 miliardi.
La banca prevede un costo del credito compreso tra R$34,5 miliardi e R$38,5 miliardi, con una crescita di commissioni e spese e operazioni di assicurazione tra il 4,0% e il 7,0%. Le spese non finanziarie sono stimati in crescita tra il 5,5% e l'8,5%, mentre l'aliquota fiscale effettiva dovrebbe aggirarsi tra il 27,0% e il 29,0%. Il costo del capitale dell'azienda è stimato intorno al 15,0% annuo a partire da febbraio 2025.
Itaú Unibanco ha publicado sus proyecciones financieras para 2025, esbozando objetivos clave de desempeño. El banco espera que su cartera de créditos total crezca entre un 4,5% y un 8,5%, mientras que se proyecta un aumento del margen financiero con los clientes del 7,5% al 11,5%. Se espera que el margen financiero con el mercado oscile entre R$1,0 mil millones y R$3,0 mil millones.
El banco prevé un costo del crédito entre R$34,5 mil millones y R$38,5 mil millones, con un crecimiento de comisiones, tarifas y operaciones de seguros entre un 4,0% y un 7,0%. Se proyecta que los gastos no relacionados con intereses crezcan entre un 5,5% y un 8,5%, mientras que se espera que la tasa impositiva efectiva se sitúe entre el 27,0% y el 29,0%. Se estima que el costo del capital de la compañía sea de aproximadamente el 15,0% anual a partir de febrero de 2025.
Itaú Unibanco는 2025년 재정 예측을 발표하며 주요 성과 목표를 제시했습니다. 은행은 총 대출 포트폴리오가 4.5%에서 8.5% 사이에서 성장할 것으로 예상하며, 고객과의 금융 마진은 7.5%에서 11.5% 증가할 것으로 보입니다. 시장에서의 금융 마진은 R$1.0억 달러에서 R$3.0억 달러 사이일 것으로 예상됩니다.
은행은 신용 비용이 R$34.5억 달러에서 R$38.5억 달러 사이가 될 것으로 예측하고, 수수료 및 수수료와 보험 사업은 4.0%에서 7.0% 성장할 것으로 보고 있습니다. 이자 외 비용은 5.5%에서 8.5% 사이에서 성장할 것으로 예상되며, 유효 세율은 27.0%에서 29.0% 사이일 것으로 보입니다. 회사의 자본 비용은 2025년 2월 기준으로 연평균 약 15.0%로 예상됩니다.
Itaú Unibanco a publié ses prévisions financières pour 2025, en décrivant ses principaux objectifs de performance. La banque s'attend à ce que son portefeuille de crédits total croisse entre 4,5 % et 8,5 %, tandis que la marge financière avec les clients devrait augmenter de 7,5 % à 11,5 %. La marge financière avec le marché est prévue entre R$1,0 milliard et R$3,0 milliards.
La banque prévoit un coût du crédit entre R$34,5 milliards et R$38,5 milliards, avec une croissance des commissions, des frais et des opérations d'assurance entre 4,0 % et 7,0 %. Les dépenses non liées aux intérêts devraient augmenter entre 5,5 % et 8,5 %, tandis que le taux d'imposition effectif devrait se situer entre 27,0 % et 29,0 %. Le coût du capital de l'entreprise est estimé à environ 15,0 % par an à partir de février 2025.
Itaú Unibanco hat seine finanziellen Prognosen für 2025 veröffentlicht und wichtige Leistungsziele umrissen. Die Bank erwartet, dass ihr Gesamtkreditportfolio um 4,5% bis 8,5% wachsen wird, während der Finanzmargen mit Kunden voraussichtlich um 7,5% bis 11,5% steigen wird. Der Finanzmargen mit dem Markt wird voraussichtlich zwischen R$1,0 Milliarden und R$3,0 Milliarden liegen.
Die Bank prognostiziert Kreditkosten zwischen R$34,5 Milliarden und R$38,5 Milliarden, wobei ein Wachstum bei Provisionen, Gebühren und Versicherungsoperationen zwischen 4,0% und 7,0% erwartet wird. Die nicht-zinslichen Aufwendungen sollen voraussichtlich um 5,5% bis 8,5% steigen, während der effektive Steuersatz voraussichtlich zwischen 27,0% und 29,0% liegen wird. Die Kapitalkosten des Unternehmens werden für Februar 2025 auf etwa 15,0% pro Jahr geschätzt.
- Projected growth in financial margin with clients of 7.5-11.5%
- Expected financial margin with market of R$1.0-3.0 billion
- Forecasted credit portfolio growth of 4.5-8.5%
- Projected growth in commissions and fees of 4.0-7.0%
- Significant cost of credit projected at R$34.5-38.5 billion
- Increasing non-interest expenses growth of 5.5-8.5%
- High cost of capital at 15.0% per year
Insights
The 2025 projections from Brazil's largest private bank reveal a strategic focus on sustainable growth amid evolving market conditions. The 4.5-8.5% credit portfolio growth target reflects a balanced approach between expansion and risk management, particularly noteworthy given Brazil's current economic landscape.
The financial margin with clients growth projection of 7.5-11.5% suggests potential for improved profitability in core operations, while maintaining the cost of credit between
The moderate 4-7% growth target for fees and insurance operations indicates a strategic push toward fee-based income diversification, important for maintaining profitability in a digital banking era. The 5.5-8.5% non-interest expense growth projection suggests ongoing investment in operational efficiency and digital transformation while managing inflation impacts.
These projections, combined with the 27-29% effective tax rate, point to a conservative yet growth-oriented strategy, balancing shareholder returns with market share preservation in Brazil's competitive banking sector. The guidance reflects the bank's adaptive approach to changing market dynamics while maintaining its leadership position in Latin America's largest economy.
SÃO PAULO, Feb. 5, 2025 /PRNewswire/ -- Itaú Unibanco Holding S.A. ("Itaú Unibanco" or "Company"), in compliance with the provisions of Article 157, paragraph 4 of Law No. 6,404/76 and Resolution No. 44/21 of the Brazilian Securities and Exchange Commission (CVM), informs its stockholders and the market in general that it released as of this date its projections for the year 2025 in accordance with item 3 ("Projections") of the Reference Form.
Consolidated | |
Total credit portfolio¹ | Growth between |
Financial margin with clients | Growth between |
Financial margin with the market | Between |
Cost of credit² | Between |
Commissions and fees and results | Growth between |
Non interest expenses | Growth between |
Effective tax rate | Between |
(1) Includes financial guarantees provided and private securities; (2) Composed of results from loan losses, impairment and discounts granted; (3) Commissions and fees (+) income from insurance, pension plan and premium bonds operations (-) expenses for claims (-) insurance, pension plan and premium bonds selling expenses.
It is important to mention that, as of February 2025, the company considers a cost of capital of around
Information on outlooks for the business, projections, and operational and financial goals are solely forecasts, based on management's current outlook in relation to the future of Itaú Unibanco. These expectations are highly dependent on market conditions, the general economic performance of the country, of the sector and the international markets. Therefore, our effective results and performance may differ from those forecasted in this prospective information.
São Paulo – SP, February 05, 2025.
Gustavo Lopes Rodrigues
Investor Relations Officer
Contact:
Itaú Unibanco – Comunicação Corporativa
Phone: (11) 5019-8880 / 8881
E-mail: imprensa@itau-unibanco.com.br
View original content:https://www.prnewswire.com/news-releases/itau-unibanco---material-fact---projections-2025-302369456.html
SOURCE Itaú Unibanco Holding S.A.
FAQ
What is Itaú Unibanco's (ITUB) projected credit portfolio growth for 2025?
What is ITUB's expected financial margin with clients growth for 2025?
What is the projected cost of credit for Itaú Unibanco (ITUB) in 2025?
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What is Itaú Unibanco's (ITUB) projected growth in commissions and fees for 2025?
