Itaú Unibanco Holding S.A. ADR (ITUB) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.22	$0.22	0.0%	—	$44B	—
Q1 26	$0.21	$0.23	+9.5%	—	$41.1B	—
Q4 25	$0.2	$0.2	0.0%	—	$42.1B	—
Q3 25	$0.2	$0.2	0.0%	—	$42.2B	—
Q1 25	$0.17	$0.19	+11.8%	—	$42.6B	—
Q4 24	$0.16	$0.16	0.0%	—	$6.4B	—
Q3 24	$0.17	$0.17	0.0%	—	$7.5B	—
Q2 24	$0.17	$0.16	-5.9%	—	$40.4B	—
Q1 24	$0.18	$0.17	-5.6%	—	$40.2B	—
Q4 23	$0.17	$0.15	-11.8%	—	$37.8B	—
Q3 23	$0.17	$0.18	+5.9%	—	$40.2B	—
Q2 23	$0.15	$0.16	+6.7%	—	$39B	—
Q1 23	$0.15	$0.15	0.0%	—	$34.3B	—
Q4 22	$0.16	$0.15	-6.3%	—	$41.7B	—
Q3 22	$0.14	$0.14	0.0%	—	$34.4B	—
Q2 22	$0.14	$0.13	-7.1%	—	$34B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$4.05	—	—	$165.2B	—
FY24	—	$3.71	—	—	$30.2B	—
FY23	—	$3.38	—	—	$148.4B	—
FY22	—	$3.03	—	—	$136.4B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$114.6B	$105.9B	$100.1B	$112.4B	$100B	$122.2B	$136.4B	$148.4B	$30.2B	$165.2B
YoY change	+30.8%	-7.59%	-5.44%	+12.3%	-11%	+22.2%	+11.6%	+8.8%	-79.6%	+446.9%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	114.6B	105.9B	100.1B	112.4B	100B	122.2B	136.4B	148.4B	30.2B	165.2B
Cost of revenue	—	—	—	—	—	—	—	—	—	—
Gross profit	—	—	—	—	—	—	—	—	—	—
Gross margin	—	—	—	—	—	—	—	—	—	—
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	40.2B	40.8B	42.6B	45.6B	65.6B	47B	50.3B	51.9B	10.6B	58.1B
Operating expenses	40.2B	40.8B	42.6B	45.6B	65.6B	47B	50.3B	51.9B	10.6B	58.1B
Operating income	—	—	—	—	—	—	—	—	—	—
Operating margin	—	—	—	—	—	—	—	—	—	—
Non-operating income, net	—	—	—	—	—	—	—	—	—	—
Pretax income	35.7B	30.6B	30.6B	31.2B	5.2B	42.2B	36.7B	39.7B	9.1B	50.3B
Income tax	13.7B	7.4B	5B	3.4B	-9.8B	13.8B	6.5B	5.8B	1B	4.4B
Net income	22B	23.2B	25.6B	27.8B	15.1B	28.4B	30.2B	33.9B	8B	45.8B
Net margin	19.2%	21.9%	25.6%	24.7%	15.1%	23.2%	22.2%	22.8%	26.6%	27.7%
EBITDA	—	—	—	—	—	—	—	—	—	—
EPS	2.38	2.45	2.56	2.78	1.94	2.72	3.03	3.38	3.71	4.05
Diluted EPS	2.36	2.43	2.55	2.77	1.93	2.72	3.01	3.36	3.67	4.01

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	40.2B	37.8B	40.2B	40.4B	7.5B	6.4B	42.6B	38.4B	42.2B	42.1B	41.1B	44B
Cost of revenue	—	—	—	—	—	—	—	—	—	—	—	—
Gross profit	—	—	—	—	—	—	—	—	—	—	—	—
Gross margin	—	—	—	—	—	—	—	—	—	—	—	—
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	19.9B	14.4B	13B	13.2B	4.3B	-1.2B	13.4B	17B	15.7B	9.3B	14.9B	16.1B
Operating expenses	19.9B	14.4B	13B	13.2B	4.3B	-1.2B	13.4B	17B	15.7B	9.3B	14.9B	16.1B
Operating income	—	—	—	—	—	—	—	—	—	—	—	—
Operating margin	—	—	—	—	—	—	—	—	—	—	—	—
Non-operating income, net	—	—	—	—	—	—	—	—	—	—	—	—
Pretax income	10.5B	10.1B	12.2B	12.3B	1.9B	2.5B	12.9B	—	—	—	—	14.3B
Income tax	2B	1.1B	2.2B	1.9B	-110M	372.9M	2.2B	-1.7B	2.1B	1.8B	833M	1.9B
Net income	8.5B	8.9B	10B	10.4B	2B	2.1B	10.7B	11.4B	11.6B	12.1B	11.9B	12.3B
Net margin	21.1%	23.7%	25%	25.7%	26.3%	32.9%	25.1%	29.7%	27.5%	28.8%	28.9%	28%
EBITDA	—	—	—	—	—	—	—	—	—	—	—	—
EPS	0.85	—	0.91	0.94	0.96	—	1.01	1	1.02	—	1.06	1.09
Diluted EPS	0.85	—	0.91	0.93	0.95	—	1	0.99	1.01	—	1.05	1.07

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	285.2B	359.6B	377.7B	379B	252.8B	189.1B	238.1B	340.4B	—	—	88.1B
Enterprise value	439B	384.3B	399.5B	429.6B	250.4B	179.9B	328.6B	433.8B	—	—	141.1B
Shares outstanding	57.2B	57B	56.8B	56.9B	57B	57.1B	57.3B	55.5B	2.1B	11.1B	11.1B

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	13	15.5	14.7	13.6	16.8	6.66	7.87	10	—	—	9.9
P/S	2.49	3.4	3.77	3.37	2.53	1.55	1.75	2.29	—	—	0.61
P/B	2.15	2.49	2.51	2.54	1.64	1.15	1.34	1.71	—	—	2.08
EV/Sales	3.83	3.63	3.99	3.82	2.5	1.47	2.41	2.92	—	—	5.09
Earnings yield	7.72%	6.46%	6.79%	7.34%	5.96%	15%	12.7%	9.95%	—	—	10.1%
FCF yield	8.47%	5.48%	7.11%	8.14%	21.4%	23.9%	50.9%	20.1%	—	—	50.9%
PEG	—	—	—	—	—	—	—	—	—	—	1.1

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Operating margin	—	—	—	—	—	—	—	—	—	—	39.1%
Net margin	19.2%	21.9%	25.6%	24.7%	15.1%	23.2%	22.2%	22.8%	26.6%	27.7%	32.6%
ROE	16.6%	16.1%	17%	18.6%	9.75%	17.3%	17.1%	17%	19%	21.3%	21.5%
ROA	—	—	—	—	—	—	—	1.33%	1.48%	1.5%	1.58%
Return on tangible assets	—	—	—	—	—	—	—	1.36%	1.5%	1.52%	1.52%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Debt / equity	2.42	1.55	1.52	1.9	1.94	1.95	2.42	2.27	2.34	2.62	0.01
Debt / assets	—	—	—	—	—	—	—	0.18	0.18	0.18	0.18
Effective tax rate	38.3%	24.1%	16.2%	11%	0%	32.8%	17.6%	14.7%	11.4%	8.76%	8.76%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	2	1.86	1.76	1.97	1.75	2.14	2.38	2.67	14.3	14.9	13
EPS (basic)	2.38	2.45	2.56	2.78	1.94	2.72	3.03	3.38	3.71	4.05	4.05
EPS (diluted)	2.36	2.43	2.55	2.77	1.93	2.72	3.01	3.36	3.67	4.01	0.81
Book value per share	2.32	2.53	2.65	2.63	2.71	2.88	3.09	3.59	20	19.4	3.85
FCF per share	0.42	0.35	0.47	0.54	0.95	0.79	2.12	1.23	-0.03	2.47	13.4
Cash per share	2.92	3.49	3.65	4.09	5.29	5.78	5.89	6.46	33.4	15.3	43.9
Capex per share	0.02	0.01	0.02	0.03	0.02	0.02	0.04	0.07	0.11	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	1.1%	0.67%	1.27%	1.29%	1.38%	1.02%	1.63%	2.44%	0.79%	—	—
Capex / operating cash flow	2.33%	3.84%	1.28%	-14.1%	0.69%	1.77%	2.15%	9.45%	2.37%	—	—
Payout ratio	48.9%	46.5%	78.4%	93.2%	76.7%	22.1%	22.2%	30.5%	50.6%	105.3%	73.5%
Dividend yield	3.78%	3%	5.32%	6.84%	4.57%	3.31%	2.82%	3.04%	—	—	0.45%

Yield

0.45%

trailing twelve months

Frequency

Monthly

Last dividend

$0.003

ex-dividend Sep 2, 2026

Payout ratio

74%

of earnings

Dividend growth

2 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 2, 2026	$0.003
Aug 4, 2026	$0.003
Jul 2, 2026	$0.003

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$40.2B	$37.8B	$40.2B	$40.4B	$7.5B	$6.4B	$42.6B	$38.4B	$42.2B	$42.1B	$41.1B	$44B
YoY change	+16.7%	-9.35%	+17.1%	+3.62%	-81.3%	-83%	+5.96%	-4.99%	+459.6%	+554%	-3.43%	+14.6%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	167B	198.8B	207.1B	232.9B	301.9B	330.5B	337.5B	358.5B	70.5B	169.6B
Receivables	—	2.8B	3.2B	3.2B	3B	3.8B	3.6B	3.8B	777.4M	4.4B
Inventory	—	—	—	—	—	—	—	—	—	—
Total current assets	—	—	—	—	—	—	—	—	—	—
Property, plant & equipment	1.5B	6.5B	6.7B	10.5B	7.8B	5.8B	5.7B	5.5B	1.1B	4.2B
Goodwill & intangibles	34.1B	38.8B	38.7B	39.4B	34.7B	42.2B	46.2B	46.7B	9.1B	48.2B
Total assets	—	—	—	—	—	—	—	2.5T	543.9B	3.1T
Accounts payable	—	—	—	—	—	—	—	—	—	—
Short-term debt	94.4B	99.4B	81.7B	119.1B	114.3B	126B	158.2B	187B	44.8B	211.2B
Total current liabilities	—	—	—	—	—	—	—	—	—	—
Long-term debt	226.4B	124.1B	147.1B	164.4B	185.3B	195.2B	269.8B	264.8B	53.7B	352.5B
Total liabilities	—	—	—	—	—	—	—	—	501.7B	2.9T
Shareholders' equity	132.4B	144.4B	150.5B	149.5B	154.5B	164.5B	177.1B	199.1B	42.2B	215.1B
Total debt	320.8B	223.5B	228.8B	283.4B	299.6B	321.2B	428B	451.8B	98.5B	563.7B
Net debt	193.9B	76.9B	71.1B	127.2B	107.6B	96.4B	217.2B	223.4B	48.2B	526.6B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	366.2B	358.5B	316.7B	324B	57.1B	70.5B	285.7B	332.5B	343.6B	403.1B	352.5B	368.7B
Receivables	3.3B	3.8B	3.8B	4.5B	944.7M	777.4M	4.2B	4.6B	5B	4.4B	4.2B	4.6B
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	—	—	—	—	—	—	—	—	—	—	—	—
Property, plant & equipment	4.9B	5.5B	5.2B	5.4B	963M	1.1B	5.2B	4.7B	4.3B	4.2B	3.9B	3.9B
Goodwill & intangibles	47B	46.7B	46.1B	47.6B	9B	9.1B	48.1B	48.3B	47.6B	48.2B	52.3B	52.6B
Total assets	—	2.5T	2.6T	2.7T	521.5B	543.9B	2.8T	2.9T	3T	3.1T	3.2T	3.2T
Accounts payable	—	—	—	—	—	—	—	—	—	—	—	—
Short-term debt	186.4B	187B	208.5B	208.5B	37.8B	44.8B	190.8B	197.1B	211.6B	211.2B	224.2B	192.4B
Total current liabilities	—	—	—	—	—	—	—	—	—	—	—	—
Long-term debt	265.9B	264.8B	254.7B	270B	53.2B	53.7B	324.3B	328.5B	314.8B	352.5B	336.6B	368B
Total liabilities	—	—	2.4T	2.5T	482B	501.7B	2.6T	2.7T	2.7T	2.9T	3T	3T
Shareholders' equity	192.7B	199.1B	193.7B	202.7B	39.5B	42.2B	211B	218.5B	224.7B	215.1B	220B	228B
Total debt	452.2B	451.8B	463.1B	478.5B	91B	98.5B	515.2B	525.7B	526.3B	563.7B	560.9B	560.4B
Net debt	226.5B	223.4B	235.2B	229.9B	44.9B	48.2B	260.2B	267.2B	262B	293.1B	287.3B	284.6B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	22B	23.2B	25.6B	27.8B	15.1B	28.4B	30.2B	33.9B	8B	45.8B
Depreciation & amortization	3.2B	3.2B	3.6B	3.6B	3.7B	4.2B	4.8B	5.7B	1.2B	7.4B
Stock-based compensation	127M	215M	-98M	-141M	217M	-20M	234M	200M	41.3M	178M
Change in working capital	26.2B	-33.3B	45B	-54.7B	170.8B	11.7B	59.9B	-10.4B	7.9B	22.8B
Operating cash flow	54.2B	18.6B	98.9B	-10.3B	200B	70.3B	103.5B	38.3B	10.1B	34.5B
Capital expenditure	-1.3B	-713M	-1.3B	-1.4B	-1.4B	-1.2B	-2.2B	-3.6B	-239.7M	—
Investing cash flow	-1B	-11.6B	13.8B	-1.7B	3.9B	2.2B	-67.8B	-26.4B	2.3B	26B
Dividends paid	-10.8B	-10.8B	-20.1B	-25.9B	-11.6B	-6.3B	-6.7B	-10.3B	-4.1B	-48.3B
Share repurchases	-947M	-3.1B	-510M	0	0	0	0	-689M	-338.2M	-3.1B
Financing cash flow	-10.1B	-21.7B	-31.6B	-21.3B	-13.6B	-31.5B	-31.7B	-22.4B	-4.1B	-52.5B
Net change in cash	43.1B	-14.7B	81.2B	-33.3B	190.3B	41B	3.9B	-10.5B	8.3B	7.9B
Free cash flow	24.2B	19.7B	26.9B	30.8B	54.2B	45.2B	121.1B	68.3B	-57M	27.4B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	7.7B	8.9B	10B	10.4B	1.7B	2.4B	10.7B	11.4B	11.6B	12.1B	11.9B	12.3B
Depreciation & amortization	1.9B	1.4B	1.6B	1.5B	412.7M	217.4M	1.7B	1.6B	2.2B	1.8B	1.9B	1.7B
Stock-based compensation	149M	193M	-466M	279M	30.7M	45.7M	-669M	301M	269M	277M	-682M	255M
Change in working capital	44.2B	-45B	32.5B	7B	-8.7B	11.2B	-40.1B	-20.6B	-4.8B	88.3B	-42.5B	33.7B
Operating cash flow	42.6B	-29.7B	41B	2.3B	-5.3B	9.2B	-39B	13.9B	75.7B	-43.4B	55.6B	71.1B
Capital expenditure	-577M	-2.1B	-354M	-362M	-68.4M	-33.9M	-268M	—	—	—	—	—
Investing cash flow	-15.3B	9.4B	-5.4B	-24.1B	7.7B	-1.7B	-208M	-6.4B	-3.8B	-3B	—	—
Dividends paid	-4.9B	-447M	-15.8B	-446M	-863.2M	-85M	-20.4B	-476M	-6.9B	-20.5B	-3.9B	-503M
Share repurchases	0	0	-901M	-319M	0	-105.7M	-83M	0	-1.9B	-1.1B	-1.8B	0
Financing cash flow	-6.8B	776M	-17.2B	-640M	-330.1M	-390M	-16.3B	4.1B	-17.7B	-22.6B	-5.7B	2.1B
Net change in cash	20.4B	-19.5B	18.3B	-22.4B	2.1B	7.1B	-55.4B	11.5B	54.2B	-69B	49.9B	73.3B
Free cash flow	52.4B	-18B	46.5B	-2.5B	-7B	-1.3B	-13.5B	12.1B	73.9B	-45.2B	51.4B	69.4B

Date	Ratio
Dec 29, 2025	103:100
Mar 19, 2025	11:10
Oct 4, 2021	1213:1000
Nov 28, 2018	3:2
Oct 18, 2016	110:100
Jul 14, 2015	110:100
Jun 6, 2014	11:10
May 21, 2013	11:10
Aug 31, 2009	1:1
Jun 10, 2008	5:4
Oct 9, 2007	2:1
Oct 7, 2005	5:1

Itaú Unibanco Holding S.A. ADR Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history