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ITUB

Itaú Unibanco Holding BOVESPA:ITUB4 Stock Report

Last Price

R$23.44

Market Cap

R$212.2b

7D

-0.04%

1Y

-23.9%

Updated

26 Jun, 2022

Data

Company Financials +
ITUB4 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance5/6
Financial Health3/6
Dividends4/6

ITUB4 Stock Overview

Itaú Unibanco Holding S.A. offers a range of financial products and services to individuals and corporate customers in Brazil and internationally.

Itaú Unibanco Holding Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Itaú Unibanco Holding
Historical stock prices
Current Share PriceR$23.44
52 Week HighR$31.63
52 Week LowR$20.91
Beta0.94
1 Month Change-9.92%
3 Month Change-14.67%
1 Year Change-23.90%
3 Year Change-35.36%
5 Year Change-4.33%
Change since IPO1,530,925.47%

Recent News & Updates

Shareholder Returns

ITUB4BR BanksBR Market
7D-0.04%-1.8%-0.8%
1Y-23.9%-27.9%-29.7%

Return vs Industry: ITUB4 exceeded the BR Banks industry which returned -27.9% over the past year.

Return vs Market: ITUB4 exceeded the BR Market which returned -29.7% over the past year.

Price Volatility

Is ITUB4's price volatile compared to industry and market?
ITUB4 volatility
ITUB4 Average Weekly Movement3.2%
Banks Industry Average Movement4.3%
Market Average Movement5.9%
10% most volatile stocks in BR Market9.2%
10% least volatile stocks in BR Market2.8%

Stable Share Price: ITUB4 is less volatile than 75% of BR stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: ITUB4's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1924100,600Milton Filhohttps://www.itau.com.br

Itaú Unibanco Holding S.A. offers a range of financial products and services to individuals and corporate customers in Brazil and internationally. The company operates through three segments: Retail Banking, Wholesale Banking, and Activities with the Market and Corporation. It offers various deposit products, as well as loans and credit cards; investment and commercial banking services; real estate lending services; financing and investment services; and leasing and foreign exchange services.

Itaú Unibanco Holding Fundamentals Summary

How do Itaú Unibanco Holding's earnings and revenue compare to its market cap?
ITUB4 fundamental statistics
Market CapR$212.18b
Earnings (TTM)R$27.73b
Revenue (TTM)R$114.10b

8.3x

P/E Ratio

1.5x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ITUB4 income statement (TTM)
RevenueR$114.10b
Cost of RevenueR$0
Gross ProfitR$114.10b
Other ExpensesR$86.37b
EarningsR$27.73b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 08, 2022

Earnings per share (EPS)2.84
Gross Margin100.00%
Net Profit Margin24.30%
Debt/Equity Ratio407.0%

How did ITUB4 perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

22%

Payout Ratio

Does ITUB4 pay a reliable dividends?

See ITUB4 dividend history and benchmarks
When do you need to buy ITUB4 by to receive an upcoming dividend?
Itaú Unibanco Holding dividend dates
Ex Dividend DateJul 01 2022
Dividend Pay DateAug 01 2022
Days until Ex dividend4 days
Days until Dividend pay date35 days

Does ITUB4 pay a reliable dividends?

See ITUB4 dividend history and benchmarks
We’ve recently updated our valuation analysis.

Valuation

Is ITUB4 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ITUB4?

Other financial metrics that can be useful for relative valuation.

ITUB4 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ratio0.8x

Price to Earnings Ratio vs Peers

How does ITUB4's PE Ratio compare to its peers?

ITUB4 PE Ratio vs Peers
The above table shows the PE ratio for ITUB4 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average6.4x

Price-To-Earnings vs Peers: ITUB4 is expensive based on its Price-To-Earnings Ratio (8.3x) compared to the peer average (6.4x).


Price to Earnings Ratio vs Industry

How does ITUB4's PE Ratio compare vs other companies in the Banks Industry?

Price-To-Earnings vs Industry: ITUB4 is expensive based on its Price-To-Earnings Ratio (8.3x) compared to the BR Banks industry average (7.3x)


Price to Earnings Ratio vs Fair Ratio

What is ITUB4's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ITUB4 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.3x
Fair PE Ratio8.4x

Price-To-Earnings vs Fair Ratio: ITUB4 is good value based on its Price-To-Earnings Ratio (8.3x) compared to the estimated Fair Price-To-Earnings Ratio (8.4x).


Share Price vs Fair Value

What is the Fair Price of ITUB4 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ITUB4 (R$23.44) is trading above our estimate of fair value (R$17.76)

Significantly Below Fair Value: ITUB4 is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: ITUB4 is good value based on its PEG Ratio (0.8x)


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Future Growth

How is Itaú Unibanco Holding forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


9.9%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ITUB4's forecast earnings growth (9.9% per year) is above the savings rate (9.1%).

Earnings vs Market: ITUB4's earnings (9.9% per year) are forecast to grow faster than the BR market (7% per year).

High Growth Earnings: ITUB4's earnings are forecast to grow, but not significantly.

Revenue vs Market: ITUB4's revenue (8.2% per year) is forecast to grow faster than the BR market (5.7% per year).

High Growth Revenue: ITUB4's revenue (8.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ITUB4's Return on Equity is forecast to be low in 3 years time (19.7%).


Discover growth companies

Past Performance

How has Itaú Unibanco Holding performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


1.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ITUB4 has high quality earnings.

Growing Profit Margin: ITUB4's current net profit margins (24.3%) are higher than last year (21.9%).


Past Earnings Growth Analysis

Earnings Trend: ITUB4's earnings have grown by 1.4% per year over the past 5 years.

Accelerating Growth: ITUB4's earnings growth over the past year (31.3%) exceeds its 5-year average (1.4% per year).

Earnings vs Industry: ITUB4 earnings growth over the past year (31.3%) exceeded the Banks industry 25.7%.


Return on Equity

High ROE: ITUB4's Return on Equity (17.9%) is considered low.


Discover strong past performing companies

Financial Health

How is Itaú Unibanco Holding's financial position? (This company is analysed differently as a bank or financial institution)

Financial Health Score

3/6

Financial Health Score 3/6

  • Asset Level

  • Allowance for Bad Loans

  • Low Risk Liabilities

  • Loan Level

  • Low Risk Deposits

  • Level of Bad Loans

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: ITUB4's Assets to Equity ratio (12.7x) is moderate.

Allowance for Bad Loans: ITUB4 has a low allowance for bad loans (84%).

Low Risk Liabilities: 58% of ITUB4's liabilities are made up of primarily higher risk sources of funding.

Loan Level: ITUB4 has an appropriate level of Loans to Assets ratio (40%).

Low Risk Deposits: ITUB4's Loans to Deposits ratio (103%) is appropriate.

Level of Bad Loans: ITUB4 has a high level of bad loans (5.6%).


Discover healthy companies

Dividend

What is Itaú Unibanco Holding current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


2.72%

Current Dividend Yield

Upcoming Dividend Payment

TodayJun 26 2022Ex Dividend DateJul 01 2022Dividend Pay DateAug 01 202231 days from Ex DividendBuy in the next 4 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: ITUB4's dividend (2.72%) is higher than the bottom 25% of dividend payers in the BR market (1.72%).

High Dividend: ITUB4's dividend (2.72%) is low compared to the top 25% of dividend payers in the BR market (7.73%).


Stability and Growth of Payments

Stable Dividend: ITUB4's dividend payments have been volatile in the past 10 years.

Growing Dividend: ITUB4's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Earnings Coverage: With its low payout ratio (22.5%), ITUB4's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ITUB4's dividends in 3 years are forecast to be well covered by earnings (48.5% payout ratio).


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

1.4yrs

Average management tenure


CEO

Milton Filho (45 yo)

3.58yrs

Tenure

Mr. Milton Maluhy Filho has been Chief Executive Officer of Itaú Unibanco Holding SA since February 02, 2021 and serves as its Member of Executive Board since November 29, 2018. He joined Itaú Unibanco Hol...


Leadership Team

Experienced Management: ITUB4's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

Experienced Board: ITUB4's board of directors are considered experienced (6.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Itaú Unibanco Holding S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Itaú Unibanco Holding S.A.
  • Ticker: ITUB4
  • Exchange: BOVESPA
  • Founded: 1924
  • Industry: Diversified Banks
  • Sector: Banks
  • Implied Market Cap: R$212.184b
  • Shares outstanding: 9.78b
  • Website: https://www.itau.com.br

Number of Employees


Location

  • Itaú Unibanco Holding S.A.
  • PraCa Alfredo Egydio de Souza Aranha
  • 100
  • São Paulo
  • São Paulo
  • 04344-902
  • Brazil

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/26 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.