ITAÚ UNIBANCO - MATERIAL FACT - PROJECTIONS 2025
Rhea-AI Summary
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.
Positive
- 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%
Negative
- 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
News Market Reaction 1 Alert
On the day this news was published, ITUB gained 0.51%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
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?
What is ITUB's forecasted effective tax rate for 2025?
What is Itaú Unibanco's (ITUB) projected growth in commissions and fees for 2025?
