STOCK TITAN

Itau Unibanco - ITUB STOCK NEWS

Welcome to our dedicated page for Itau Unibanco news (Ticker: ITUB), a resource for investors and traders seeking the latest updates and insights on Itau Unibanco 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 Holding S.A. will be presenting their 4Q23 results in an interactive meeting on February 6th, with the CEO, CFO, and IRO participating. The results will be published on the investor relations website on February 5th. Investors can register to participate in the meeting and stay updated with the latest news on the Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.9%
Tags
-
News
Rhea-AI Summary
Itaú Unibanco Holding S.A. will present its 4Q23 results in an interactive meeting on February 6th, featuring CEO Milton Maluhy, CFO Alexsandro Broedel, and IRO Renato Lulia. The results will be published on the investor relations website on February 5th. The meeting will be in Portuguese and English, with a Q&A session at the end. Interested participants can register for the meeting via a provided link.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3%
Tags
-
News
Rhea-AI Summary
Itaú Unibanco Holding S.A. will present its 4Q23 results on February 6th, in an interactive meeting with the CEO, CFO, and IRO. The results will be published on the investor relations website on February 5th. For more information, visit the original press release.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.3%
Tags
Rhea-AI Summary
Itaú Unibanco Holding S.A. (ITUB) has approved the payment of interest on capital to stockholders at a rate of R$ 0.24724 per share, with income tax withholding at 15%, resulting in net interest of R$ 0.210154 per share. The payment will be made until April 30, 2024, based on the final stockholding position recorded on December 06, 2023, with shares traded ex-rights starting December 07, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.16%
Tags
none
-
Rhea-AI Summary
Itaú Unibanco Holding S.A. has released updated projections for fiscal year 2023 due to the sale of Banco Itaú Argentina S.A. Excluding the impact of the sale, the company reaffirms its previous guidance. Key projections include a growth of 6.0% to 9.0% in the total credit portfolio, a growth of 13.5% to 16.5% in the financial margin with clients, and a growth of 5.0% to 7.0% in commissions and fees. The consolidated efficiency ratio is expected to be below 40% and below 38% in Brazil. The effective tax rate is projected to be between 27.0% and 29.0%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.67%
Tags
none
-
Rhea-AI Summary
Itaú Unibanco Holding S.A. has released its Complete Financial Statements and Management Discussion and Analysis for the 3rd quarter of 2023. The documents are available on the Investor Relations website. A virtual meeting discussing the results will be held on November 7th, 2023 at 08:00 a.m. EST.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.67%
Tags
none
News
Rhea-AI Summary
Itaú Unibanco Holding S.A. will publish its 3Q23 results on November 6th and present them in an interactive meeting on November 7th. The meeting will be in Portuguese and English, with a Q&A session at the end. The participants will include the CEO, CFO, and IRO. To participate, register at the provided link.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.42%
Tags
-
News
Rhea-AI Summary
Itaú Unibanco Holding S.A. will be publishing its 3Q23 results on November 6th, after trading hours in Brazil and the United States. They will also be hosting an interactive meeting on November 7th at 8 a.m (EST) and 10 a.m (Brasília time), where they will present their results and have a Q&A session. The meeting will be conducted in Portuguese and English. The speakers at the meeting will include Milton Maluhy (CEO), Alexsandro Broedel (CFO), and Renato Lulia (IRO). For more information, traders can visit Itaú Unibanco's Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.55%
Tags
-
News
Rhea-AI Summary
Itaú Unibanco to release 3Q23 results and host interactive meeting
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Rhea-AI Summary
ITAÚ UNIBANCO HOLDING S.A. approves payment of interest on capital to stockholders
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.56%
Tags
none

FAQ

What is the current stock price of Itau Unibanco (ITUB)?

The current stock price of Itau Unibanco (ITUB) is $5.475 as of February 28, 2025.

What is the market cap of Itau Unibanco (ITUB)?

The market cap of Itau Unibanco (ITUB) is approximately 49.7B.

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

NYSE:ITUB

ITUB Rankings

ITUB Stock Data

49.75B
4.96B
0%
21.88%
0.28%
Banks - Regional
Financial Services
Link
Brazil
São Paulo