Itaú Unibanco Holding
Market Cap
US$75.9b
Last Updated
2019/11/20 23:32 UTC
Data Sources
Company Financials +
Executive Summary
Itaú Unibanco Holding S.A. provides a range of financial products and services to individuals and corporate clients in Brazil and internationally.
Snowflake
Established dividend payer with acceptable track record.
Similar Companies
Share Price & News
How has Itaú Unibanco Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ITUB has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-2.1%
ITUB
0.1%
US Banks
0.5%
US Market
1 Year Return
-8.6%
ITUB
10.6%
US Banks
16.1%
US Market
Return vs Industry: ITUB underperformed the US Banks industry which returned 10.6% over the past year.
Return vs Market: ITUB underperformed the US Market which returned 16.1% over the past year.
Shareholder returns
| ITUB | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.1% | 0.1% | 0.5% |
| 30 Day | -1.0% | 4.1% | 3.9% |
| 90 Day | 0.1% | 15.7% | 6.6% |
| 1 Year | -1.7%-8.6% | 13.9%10.6% | 18.7%16.1% |
| 3 Year | 38.9%18.7% | 37.0%27.5% | 47.2%37.7% |
| 5 Year | 20.9%-4.3% | 70.7%51.9% | 61.5%43.7% |
Price Volatility Vs. Market
How volatile is Itaú Unibanco Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 years ago | Simply Wall St
Itaú Unibanco Holding SA (ITUB) Delivered A Better ROE Than The Industry, Here’s Why2 years ago | Simply Wall St
How Itaú Unibanco Holding SA's (ITUB) 19.1% ROE Fares Against The Industry?2 years ago | Simply Wall St
Itaú Unibanco Holding SA (ITUB): How fast will it grow?Valuation
Is Itaú Unibanco Holding undervalued compared to its fair value and its price relative to the market?
6.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ITUB ($8.28) is trading below our estimate of fair value ($8.84)
Significantly Below Fair Value: ITUB is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: ITUB is poor value based on its PE Ratio (13.1x) compared to the Banks industry average (12.6x).
PE vs Market: ITUB is good value based on its PE Ratio (13.1x) compared to the US market (18x).
Price to Earnings Growth Ratio
PEG Ratio: ITUB is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: ITUB is overvalued based on its PB Ratio (2.6x) compared to the US Banks industry average (1.2x).
Next Steps
Future Growth
How is Itaú Unibanco Holding forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
11.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ITUB's forecast earnings growth (11.6% per year) is above the savings rate (2.7%).
Earnings vs Market: ITUB's earnings (11.6% per year) are forecast to grow slower than the US market (14.3% per year).
High Growth Earnings: ITUB's earnings are forecast to grow, but not significantly.
Revenue vs Market: ITUB's revenue (8.7% per year) is forecast to grow faster than the US market (7.3% per year).
High Growth Revenue: ITUB's revenue (8.7% 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 high in 3 years time (21.2%)
Next Steps
Past Performance
How has Itaú Unibanco Holding performed over the past 5 years?
1.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ITUB has high quality earnings.
Growing Profit Margin: ITUB's current net profit margins (25.3%) are lower than last year (26.9%).
Past Earnings Growth Analysis
Earnings Trend: ITUB's earnings have grown by 1.4% per year over the past 5 years.
Accelerating Growth: ITUB's earnings growth over the past year (8.8%) exceeds its 5-year average (1.4% per year).
Earnings vs Industry: ITUB earnings growth over the past year (8.8%) underperformed the Banks industry 27.3%.
Return on Equity
High ROE: ITUB's Return on Equity (18%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
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
Inventory Level: ITUB has a low level of unsold assets or inventory.
Debt Coverage by Assets: ITUB's debt is not covered by short term assets (assets are 0.4x debt).
Financial Institutions Analysis
Asset Level: ITUB's level of assets compared to its equity is moderate.
Allowance for Bad Loans: ITUB has a low allowance for bad loans.
Low Risk Liabilities: ITUB's liabilities are made up of primarily higher risk sources of funding.
Loan Level: ITUB has an acceptable proportion of non-loan assets held.
Low Risk Deposits: ITUB's loans are broadly funded by customer deposits.
Level of Bad Loans: ITUB has a high level of bad loans (6.55%)
Next Steps
Dividend
What is Itaú Unibanco Holding's current dividend yield, its reliability and sustainability?
6.95%
Current Dividend Yield
Upcoming Dividend Payment
Purchase Itaú Unibanco Holding before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: ITUB's dividend (6.95%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: ITUB's dividend (6.95%) is in the top 25% of dividend payers in the US market (3.65%)
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 reasonable payout ratio (69.1%), ITUB's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ITUB's dividends in 3 years are forecast to be covered by earnings (60.3% payout ratio).
Next Steps
Management
What is the CEO of Itaú Unibanco Holding's salary, the management and board of directors tenure and is there insider trading?
4.8yrs
Average management tenure
CEO
Candido Bracher (61yo)
2.6yrs
Tenure
Mr. Candido Botelho Bracher has been the Chief Executive Officer of Itaú Unibanco Holding S.A. since June 2017 and has been its Member of Board of Directors since February 2009 to April 2017. Mr. Bracher i ...
Management Age and Tenure
4.8yrs
Average Tenure
47yo
Average Age
Experienced Management: ITUB's management team is considered experienced (4.8 years average tenure).
Board Age and Tenure
9.9yrs
Average Tenure
65yo
Average Age
Experienced Board: ITUB's board of directors are considered experienced (9.9 years average tenure).
Insider Trading
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.
Management Team
Márcio de Andrade Schettini (55yo)
Retail General Director & Member of Executive Board
- Tenure: 4.3yrs
Claudia Politanski (49yo)
Executive VP of Legal & Human Resources and Member of Executive Board
- Tenure: 11yrs
Caio Ibrahim David (51yo)
Wholesale General Director & Member of Executive Board
- Tenure: 0yrs
Candido Bracher (61yo)
CEO, Executive President & Member of Executive Board
- Tenure: 2.6yrs
Leila Cristiane Barboza de Melo (48yo)
Executive Officer & Member of Executive Board
- Tenure: 4.6yrs
Alexsandro Broedel Lopes (45yo)
Group Executive Finance Director
- Tenure: 7.3yrs
Emerson Bortoloto (42yo)
Officer & Member of Executive Board
- Tenure: 8yrs
Rodrigo Rosa Couto (44yo)
Officer & Member of Executive Board
- Tenure: 7.8yrs
Adriano Cabral Volpini (46yo)
Officer & Member of Executive Board
- Tenure: 4.8yrs
Milton Maluhy Filho (43yo)
Executive VP of Risks & Finance
- Tenure: 0.8yrs
Board Members
Pedro Salles (60yo)
Co-Chairman of the Board & Member of International Advisory Board
- Tenure: 2.4yrs
Roberto Setubal (65yo)
Co-Chairman of the Board & Member of International Advisory Board
- Tenure: 2.4yrs
Alfredo Setubal (61yo)
Non-Executive Director
- Tenure: 12.4yrs
Pedro Malan (76yo)
Member of International Advisory Board
- Tenure: 0yrs
Pedro Bodin de Moraes (63yo)
Independent Director
- Tenure: 11yrs
Gustavo Laboissière Loyola (67yo)
Independent Director
- Tenure: 13.6yrs
Ricardo Villela Marino (45yo)
Non-Executive Director
- Tenure: 11.4yrs
Antonio Trindade
Chairman of Itaú Seguros De Vida
- Tenure: 9.9yrs
Fábio Barbosa (65yo)
Independent Director
- Tenure: 4.6yrs
José Caruso Henriques (72yo)
Chairman of Fiscal Council
- Tenure: 2.4yrs
Company Information
Itaú Unibanco Holding S.A.'s company bio, 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
- Market Cap: R$318.367b
- Listing Market Cap: R$75.854b
- Shares outstanding: 9.74b
- Website: https://www.itau.com.br
Number of Employees
Location
- Itaú Unibanco Holding S.A.
- Praça Alfredo Egydio de Souza Aranha, 100
- Torre Olavo Setubal
- São Paulo
- São Paulo
- 04344-902
- Brazil
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ITUB4 | BOVESPA (Bolsa de Valores de Sao Paulo) | Yes | Preferred Shares | BR | BRL | Nov 1992 |
| ITUB3 | BOVESPA (Bolsa de Valores de Sao Paulo) | Common Shares | BR | BRL | Dec 1992 | |
| ITUB | NYSE (New York Stock Exchange) | ADR EACH REPR 1 PRF NPV | US | USD | Feb 2002 | |
| BVXB | DB (Deutsche Boerse AG) | ADR EACH REPR 1 PRF NPV | DE | EUR | Feb 2002 | |
| ITUB N | BMV (Bolsa Mexicana de Valores) | ADR EACH REPR 1 PRF NPV | MX | MXN | Feb 2002 |
Biography
Itaú Unibanco Holding S.A. provides a range of financial products and services to individuals and corporate clients in Brazil and internationally. It operates in three segments: Retail Banking, Wholesale B ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/11/20 23:32 |
| End of Day Share Price | 2019/11/20 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.