| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 4/6 |
ITUB Stock Overview
Itaú Unibanco Holding S.A. provides a range of financial products and services in Brazil and internationally.
Itaú Unibanco Holding Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R$4.22 |
| 52 Week High | R$6.76 |
| 52 Week Low | R$3.60 |
| Beta | 0.96 |
| 1 Month Change | 16.58% |
| 3 Month Change | 2.18% |
| 1 Year Change | -24.37% |
| 3 Year Change | -57.16% |
| 5 Year Change | -47.86% |
| Change since IPO | 224.25% |
Recent News & Updates
Itau Unibanco To Report Earnings August 2. Beleza
Itau Unibanco is the result of a 2008 merger between Banco Itau and Unibanco. The Brazilian financial services firm offers commercial & consumer loans along with insurance products. The lender reports earnings on 2 August providing some insights into the health of the Brazilian financial system. All eyes will be peeled for any clues regarding a post-Covid turnaround. We gauge statistical insights into directional risk during the earnings period.
Itau Unibanco reports Q1 results
Itau Unibanco (ITUB): Q1 Non-GAAP EPS of R$0.65; GAAP EPS of R$0.55.Revenue of R$30.03B (+2.8% Y/Y)Press Release
Itau Unibanco goes ex-dividend on Monday
Itau Unibanco (ITUB) had declared $0.0026/share dividend.Payable June 11; for shareholders of record May 4; ex-div May 3.See ITUB Dividend Scorecard, Yield Chart, & Dividend Growth.
Shareholder Returns
| ITUB | US Banks | US Market | |
|---|---|---|---|
| 7D | -0.2% | -5.8% | -4.6% |
| 1Y | -24.4% | 28.1% | 7.7% |
Return vs Industry: ITUB underperformed the US Banks industry which returned 28.1% over the past year.
Return vs Market: ITUB underperformed the US Market which returned 7.7% over the past year.
Price Volatility
| ITUB volatility | |
|---|---|
| ITUB Average Weekly Movement | 5.0% |
| Banks Industry Average Movement | 3.8% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in US Market | 15.7% |
| 10% least volatile stocks in US Market | 2.4% |
Stable Share Price: ITUB is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: ITUB's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1924 | 98,800 | Milton Filho | https://www.itau.com.br |
Itaú Unibanco Holding S.A. provides a range of financial products and services in Brazil and internationally. The company operates through three segments: Retail Banking, Wholesale Banking, and Activities with the Market + Corporation. It offers various deposit products, as well as loans and credit cards; investment banking services; real estate lending services; financing and investment services; and leasing and foreign exchange services.
Itaú Unibanco Holding Fundamentals Summary
| ITUB fundamental statistics | |
|---|---|
| Market Cap | R$213.84b |
| Earnings (TTM) | R$29.15b |
| Revenue (TTM) | R$115.52b |
7.8x
P/E Ratio1.5x
P/B RatioIs ITUB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ITUB income statement (TTM) | |
|---|---|
| Revenue | R$115.52b |
| Cost of Revenue | R$0 |
| Gross Profit | R$115.52b |
| Expenses | R$86.38b |
| Earnings | R$29.15b |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Feb 10, 2022
| Earnings per share (EPS) | 2.98 |
| Gross Margin | 100.00% |
| Net Profit Margin | 25.23% |
| Debt/Equity Ratio | 404.2% |
How did ITUB perform over the long term?
See historical performance and comparisonDividends
2.0%
Current Dividend Yield15%
Payout RatioDoes ITUB pay a reliable dividends?
See ITUB dividend history and benchmarks| Itaú Unibanco Holding dividend dates | |
|---|---|
| Ex Dividend Date | Feb 01 2022 |
| Dividend Pay Date | Mar 14 2022 |
| Days until Ex dividend | 11 days |
| Days until Dividend pay date | 52 days |
Does ITUB pay a reliable dividends?
See ITUB dividend history and benchmarksValuation
Is Itaú Unibanco Holding undervalued compared to its fair value and its price relative to the market?
34.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ITUB ($4.22) is trading below our estimate of fair value ($6.44)
Significantly Below Fair Value: ITUB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ITUB is good value based on its PE Ratio (7.8x) compared to the US Banks industry average (11.2x).
PE vs Market: ITUB is good value based on its PE Ratio (7.8x) compared to the US market (16.9x).
Price to Earnings Growth Ratio
PEG Ratio: ITUB is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: ITUB is overvalued based on its PB Ratio (1.5x) compared to the US Banks industry average (1.2x).
Future Growth
How is Itaú Unibanco Holding forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
12.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ITUB's forecast earnings growth (12.5% per year) is above the savings rate (2%).
Earnings vs Market: ITUB's earnings (12.5% per year) are forecast to grow slower than the US market (13.1% per year).
High Growth Earnings: ITUB's earnings are forecast to grow, but not significantly.
Revenue vs Market: ITUB's revenue (7% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: ITUB's revenue (7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ITUB's Return on Equity is forecast to be low in 3 years time (19.4%).
Past Performance
How has Itaú Unibanco Holding performed over the past 5 years?
0.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ITUB has high quality earnings.
Growing Profit Margin: ITUB's current net profit margins (25.2%) are lower than last year (27.3%).
Past Earnings Growth Analysis
Earnings Trend: ITUB's earnings have grown by 0.7% per year over the past 5 years.
Accelerating Growth: ITUB's earnings growth over the past year (56.8%) exceeds its 5-year average (0.7% per year).
Earnings vs Industry: ITUB earnings growth over the past year (56.8%) exceeded the Banks industry 43.6%.
Return on Equity
High ROE: ITUB's Return on Equity (18.6%) is considered low.
Financial Health
How is Itaú Unibanco Holding's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: ITUB's Assets to Equity ratio (12.9x) is moderate.
Allowance for Bad Loans: ITUB has a low allowance for bad loans (74%).
Low Risk Liabilities: 57% of ITUB's liabilities are made up of primarily higher risk sources of funding.
Loan Level: ITUB has an appropriate level of Loans to Assets ratio (38%).
Low Risk Deposits: ITUB's Loans to Deposits ratio (95%) is appropriate.
Level of Bad Loans: ITUB has a high level of bad loans (6.1%).
Dividend
What is Itaú Unibanco Holding current dividend yield, its reliability and sustainability?
1.98%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: ITUB's dividend (1.98%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: ITUB's dividend (1.98%) is low compared to the top 25% of dividend payers in the US market (3.49%).
Stability and Growth of Payments
Stable Dividend: ITUB's dividend payments have been volatile in the past 10 years.
Growing Dividend: ITUB's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (15.5%), ITUB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ITUB's dividends in 3 years are forecast to be covered by earnings (51.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.6yrs
Average management tenure
CEO
Milton Filho (45 yo)
3.17yrs
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: ITUB's management team is seasoned and experienced (6.6 years average tenure).
Board Members
Experienced Board: ITUB's board of directors are seasoned and experienced ( 12.3 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: ITUB
- Exchange: NYSE
- Founded: 1924
- Industry: Diversified Banks
- Sector: Banks
- Implied Market Cap: R$213.841b
- Listing Market Cap: R$39.586b
- 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,Torre Olavo Setubal
- São Paulo
- São Paulo
- 04344-902
- Brazil
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/20 23:58 |
| End of Day Share Price | 2022/01/20 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
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.