STOCK TITAN

Itau Unibanco Holding S.A. American Depositary Shares - ITUB STOCK NEWS

Welcome to our dedicated page for Itau Unibanco Holding S.A. American Depositary Shares news (Ticker: ITUB), a resource for investors and traders seeking the latest updates and insights on Itau Unibanco Holding S.A. American Depositary Shares stock.

Itaú Unibanco Holding S.A. (symbol: ITUB) is a leading Brazilian financial services company headquartered in São Paulo, Brazil. Formed through the merger of Banco Itaú and Unibanco in 2008, Itaú Unibanco stands as the largest privately held bank in Brazil. The bank's extensive operations not only span across Brazil but also reach Chile, Colombia, Argentina, Uruguay, and Paraguay.

Itaú Unibanco offers a comprehensive suite of financial products and services, including commercial and consumer loans, which account for 33% and 44% of the bank's total loan portfolio, respectively. Additionally, foreign loans contribute to 23% of its portfolio. The company also operates the fifth-largest insurance provider in Brazil and is the second-largest asset manager in the country.

Recent news highlights the bank's continuous efforts to enhance its financial standing and commitment to shareholders. On February 5, 2024, Itaú Unibanco announced the early termination of its buyback program and approved a new stock buyback initiative, allowing the acquisition of up to 75,000,000 preferred shares. This move aims to optimize capital allocation and support long-term incentive plans for employees and management.

Itaú Unibanco's financial health remains robust, with the ability to meet its obligations while pursuing strategic opportunities. The bank's latest quarterly financial results are frequently shared with shareholders and the broader market through interactive meetings and detailed reports available on its Investor Relations website.

Stay updated with Itaú Unibanco's latest developments, financial statements, and investor relations news by visiting their website.

News
Rhea-AI Summary

Itaú Unibanco (ITUB) has announced the presentation of its 2Q24 results, scheduled for August 7th, 2024, at 9 a.m. EDT (10 a.m. Brasília time). The interactive meeting, featuring a Q&A session, will be conducted in both Portuguese and English. Key participants include CEO Milton Maluhy and Renato Lulia, Head of Corporate Strategy, Investor Relations and Corporate Development.

Interested parties can register for the event at the provided link. The financial results will be published on the investor relations website on August 6th, after trading hours. This announcement demonstrates Itaú Unibanco's commitment to transparency and shareholder communication.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.49%
Tags
-
News
Rhea-AI Summary

Itaú Unibanco (ITUB) has announced the upcoming presentation of its 2Q24 results on August 7th, 2024, at 9 a.m. EDT and 10 a.m. Brasília time. The interactive meeting, which will include a Q&A session, will be conducted in both Portuguese and English. CEO Milton Maluhy and Head of Corporate Strategy, Investor Relations and Corporate Development Renato Lulia will lead the presentation.

Interested participants can register for the event through the provided link. The financial results will be published on the investor relations website on August 6th, after trading hours. This early release allows stakeholders to review the results before the interactive presentation.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.14%
Tags
-
Rhea-AI Summary

Itaú Unibanco Holding has announced Gustavo Lopes Rodrigues as the new Investor Relations Officer.

Gustavo, who joined the bank in 2000 and became a partner in 2021, has over 20 years of experience, primarily in the Finance Department. He will report to Renato Lulia Jacob, the recently appointed Group Head of Corporate Strategy, Investor Relations, and Corporate Development.

Until Gustavo officially assumes his role, Renato will continue to hold the responsibilities of Investor Relations Officer.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.02%
Tags
none
Rhea-AI Summary

Itaú Unibanco has announced its upcoming digital event, Itaú Day 2024. Scheduled for June 19th, from 9 a.m. to 12 p.m. (Brasília time), this fully online meeting will feature key executives, including Co-Chairmen Pedro Moreira Salles and Roberto Setubal, and CEO Milton Maluhy Filho, who will discuss the company's strategic direction and future plans. The event is designed to engage shareholders and interested parties, offering a platform for questions and answers.

Participants can sign up and submit their questions through the provided registration link. Further information and updates can be accessed via Itaú Unibanco's Investor Relations website. For additional queries, the press office can be contacted via phone or email.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.24%
Tags
none
-
Rhea-AI Summary

SÃO PAULO, June 6, 2024 – Itaú Unibanco's Board of Directors has approved the payment of interest on capital to stockholders at R$0.2510 per share, with a 15% withholding tax, resulting in a net R$0.21335 per share. Corporate stockholders exempt from withholding can receive the full amount. The eligible stockholding position is recorded on June 20, 2024, and shares will trade 'ex-rights' starting June 21, 2024. The payment, combined with the interest declared on March 4, 2024, will be made on August 30, 2024, totaling a net R$0.41888 per share. These amounts are applicable to both common (ITUB3) and preferred (ITUB4) shares.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.62%
Tags
none
-
News
Rhea-AI Summary

Itaú Unibanco announced its upcoming digital meeting, Itaú Day 2024, to be held on June 19, 2024, from 9 a.m. to 12 p.m. (Brasília time). The event will feature key company executives, including Co-Chairmen of the Board Pedro Moreira Salles, Roberto Setubal, and CEO Milton Maluhy Filho, along with the Executive Committee. During the meeting, executives will discuss the evolution of the company's business strategy. Participants can sign up and submit questions on the event's website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.33%
Tags
none
News
Rhea-AI Summary

Itaú Unibanco announces its upcoming digital event, Itaú Day 2024, scheduled for June 19, 2024, from 8 a.m. to 10:30 a.m. (EDT). During this event, company executives will discuss the evolution of their business strategy. Key speakers include Co-Chairmen Pedro Moreira Salles and Roberto Setubal, and CEO Milton Maluhy Filho, along with the entire Executive Committee. Participants are encouraged to sign up and submit questions in advance. More details and registration are available on their dedicated event webpage.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.63%
Tags
none
-
News
Rhea-AI Summary

Itaú Unibanco invites stakeholders to Itaú Day 2024, scheduled for June 19th. This digital event will run from 8 a.m. to 10:30 a.m. (EDT), featuring presentations from key executives including Co-Chairmen of the Board Pedro Moreira Salles and Roberto Setubal, as well as CEO Milton Maluhy Filho. The event will cover the company's strategic evolution. Attendees can register and submit questions via the provided link. For further inquiries, contact Itaú Unibanco’s corporate communication team.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.46%
Tags
none
-
News
Rhea-AI Summary

Itaú Unibanco is holding Itaú Day 2024, a digital meeting where executives will discuss the business strategy evolution. The event is scheduled for June 19th, from 8 a.m. to 10:30 a.m. (EDT). Participants include top executives like Pedro Moreira Salles, Roberto Setubal, and Milton Maluhy Filho. Interested individuals can sign up to attend and submit questions. Stay updated with Itaú Unibanco's latest news on their Investor Relations website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.15%
Tags
none
Rhea-AI Summary

Itaú Unibanco Holding S.A. announces the release of their 1st quarter 2024 financial statements and analysis. Shareholders can access the documents on the Investor Relations website. A virtual meeting discussing the results will be held on May 7. Contact information for further details is provided.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.35%
Tags
none

FAQ

What is the current stock price of Itau Unibanco Holding S.A. American Depositary Shares (ITUB)?

The current stock price of Itau Unibanco Holding S.A. American Depositary Shares (ITUB) is $5.07 as of December 20, 2024.

What is the market cap of Itau Unibanco Holding S.A. American Depositary Shares (ITUB)?

The market cap of Itau Unibanco Holding S.A. American Depositary Shares (ITUB) is approximately 49.9B.

What is Itaú Unibanco?

Itaú Unibanco is the largest privately held bank in Brazil, formed through the merger of Banco Itaú and Unibanco in 2008.

Where is Itaú Unibanco headquartered?

Itaú Unibanco is headquartered in São Paulo, Brazil.

What services does Itaú Unibanco offer?

Itaú Unibanco offers a wide range of financial services including commercial and consumer loans, insurance, and asset management.

In which countries does Itaú Unibanco operate?

Besides Brazil, Itaú Unibanco operates in Chile, Colombia, Argentina, Uruguay, and Paraguay.

What percentage of Itaú Unibanco's loans are foreign loans?

Foreign loans account for 23% of Itaú Unibanco's total loan portfolio.

What recent changes have occurred in Itaú Unibanco's stock buyback program?

On February 5, 2024, Itaú Unibanco announced a new stock buyback program authorizing the repurchase of up to 75,000,000 preferred shares.

How can I stay updated with Itaú Unibanco's latest news?

You can stay updated by visiting Itaú Unibanco's Investor Relations website for the latest news and financial statements.

Who are the key management members at Itaú Unibanco?

Key management members include Milton Maluhy (CEO), Alexsandro Broedel (CFO), and Renato Lulia (IRO).

When will Itaú Unibanco announce its 1Q24 financial results?

Itaú Unibanco will announce its 1Q24 financial results on May 6, 2024.

What distinguishes Itaú Unibanco in the Brazilian financial market?

Itaú Unibanco is distinguished by its extensive loan portfolio, significant presence in insurance and asset management, and its strategic operations across multiple South American countries.

Itau Unibanco Holding S.A. American Depositary Shares

NYSE:ITUB

ITUB Rankings

ITUB Stock Data

49.90B
4.96B
0%
21.85%
0.12%
Banks - Regional
Financial Services
Link
United States of America
São Paulo