Itaú Unibanco Holding
Market Cap
US$42.7b
Last Updated
2021/02/26 23:59 UTC
Data Sources
Company Financials +
Executive Summary
Itaú Unibanco Holding S.A. provides a range of financial products and services in Brazil and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Average dividend payer with mediocre balance sheet.
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 is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: ITUB's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-11.7%
ITUB
-0.2%
US Banks
-4.6%
US Market
1 Year Return
-35.9%
ITUB
19.8%
US Banks
38.5%
US Market
Return vs Industry: ITUB underperformed the US Banks industry which returned 19.8% over the past year.
Return vs Market: ITUB underperformed the US Market which returned 38.5% over the past year.
Shareholder returns
| ITUB | Industry | Market | |
|---|---|---|---|
| 7 Day | -11.7% | -0.2% | -4.6% |
| 30 Day | -13.9% | 15.4% | 0.6% |
| 90 Day | -17.6% | 22.3% | 1.9% |
| 1 Year | -35.2%-35.9% | 24.2%19.8% | 41.5%38.5% |
| 3 Year | -50.7%-56.8% | 11.6%2.0% | 56.7%46.7% |
| 5 Year | 9.6%-11.1% | 91.3%67.0% | 123.5%98.6% |
Long-Term 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
3 years ago | Simply Wall St
Itaú Unibanco Holding SA (ITUB) Delivered A Better ROE Than The Industry, Here’s Why3 years ago | Simply Wall St
How Itaú Unibanco Holding SA's (ITUB) 19.1% ROE Fares Against The Industry?3 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?
13.47x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ITUB ($4.53) is trading above our estimate of fair value ($3.89)
Significantly Below Fair Value: ITUB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ITUB is poor value based on its PE Ratio (13.5x) compared to the US Banks industry average (12.5x).
PE vs Market: ITUB is good value based on its PE Ratio (13.5x) compared to the US market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: ITUB is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: ITUB is overvalued based on its PB Ratio (1.8x) compared to the US Banks industry average (1x).
Next Steps
Future Growth
How is Itaú Unibanco Holding forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
16.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ITUB's forecast earnings growth (16.3% per year) is above the savings rate (2%).
Earnings vs Market: ITUB's earnings (16.3% per year) are forecast to grow slower than the US market (20.3% per year).
High Growth Earnings: ITUB's earnings are forecast to grow, but not significantly.
Revenue vs Market: ITUB's revenue (19.3% per year) is forecast to grow faster than the US market (10.4% per year).
High Growth Revenue: ITUB's revenue (19.3% 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 (18.7%).
Next Steps
Past Performance
How has Itaú Unibanco Holding performed over the past 5 years?
-2.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ITUB has a high level of non-cash earnings.
Growing Profit Margin: ITUB's current net profit margins (25.5%) are lower than last year (27.5%).
Past Earnings Growth Analysis
Earnings Trend: ITUB's earnings have declined by 2.8% per year over the past 5 years.
Accelerating Growth: ITUB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ITUB had negative earnings growth (-30.2%) over the past year, making it difficult to compare to the Banks industry average (0.6%).
Return on Equity
High ROE: ITUB's Return on Equity (9.7%) is considered low.
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
Financial Institutions Analysis
Asset Level: ITUB's Assets to Equity ratio (13.1x) is moderate.
Allowance for Bad Loans: ITUB has a low allowance for bad loans (72%).
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 (35%).
Low Risk Deposits: ITUB's Loans to Deposits ratio (88%) is appropriate.
Level of Bad Loans: ITUB has a high level of bad loans (8%).
Next Steps
Dividend
What is Itaú Unibanco Holding current dividend yield, its reliability and sustainability?
1.77%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: ITUB's dividend (1.77%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: ITUB's dividend (1.77%) is low compared to the top 25% of dividend payers in the US market (3.76%).
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 (23.8%), 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 (60.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.8yrs
Average management tenure
CEO
Milton Filho (44 yo)
no data
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Member of Executive Board | no data | no data | no data | |
| CFO & Member of Executive Board | 0.17yr | no data | no data | |
| Executive VP of Legal & Human Resources and Member of Executive Board | 12.25yrs | no data | no data | |
| Officer & Member of Executive Board | 9.25yrs | no data | no data | |
| Officer & Member of Executive Board | 9.08yrs | no data | no data | |
| Retail Senior VP & Member of Executive Board | 5.58yrs | no data | no data | |
| Executive Officer & Member of Executive Board | 5.83yrs | no data | no data | |
| Officer & Member of Executive Board | 6yrs | no data | no data | |
| Officer & Member of Executive Board | 5.83yrs | no data | no data | |
| Officer & Member of Executive Board | 5.83yrs | no data | no data | |
| Member of Board of Executive Officers and Group Head of Investor Relations & Market Intelligence | no data | no data | no data | |
| Executive Officer & Member of Executive Board | 5.58yrs | no data | no data |
5.8yrs
Average Tenure
46yo
Average Age
Experienced Management: ITUB's management team is seasoned and experienced (5.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Chairman of the Board & Member of International Advisory Board | 3.67yrs | no data | no data | |
| Co-Chairman of the Board & Member of International Advisory Board | 3.67yrs | no data | no data | |
| Director | 0.083yr | no data | no data | |
| Non-Executive Director | 13.67yrs | no data | no data | |
| Member of International Advisory Board | no data | no data | no data | |
| Independent Director | 12yrs | no data | no data | |
| Independent Director | 14.83yrs | no data | no data | |
| Vice President | no data | no data | no data | |
| Independent Director | 3.83yrs | no data | no data | |
| Chairman of Itaú Seguros De Vida | 11.17yrs | no data | no data | |
| Director | 0.083yr | no data | no data | |
| Chairman of Fiscal Council | 3.67yrs | no data | no data |
3.8yrs
Average Tenure
64yo
Average Age
Experienced Board: ITUB's board of directors are considered experienced (3.8 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 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$238.076b
- Listing Market Cap: R$42.690b
- Shares outstanding: 9.76b
- 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 | |
| ITUB | BASE (Buenos Aires Stock Exchange) | CEDEAR EACH REPR 1 ADR BRL0.00 | AR | ARS | Jul 2019 |
Biography
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 ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/26 23:59 |
| End of Day Share Price | 2021/02/26 00:00 |
| Earnings | 2020/12/31 |
| 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.