Itaú Unibanco Holding (ITUB4) Stock Overview
Provides various financial products and services to personal and corporate customers in Brazil and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 2/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 4/6 |
ITUB4 Community Fair Values
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Analyst Price Targets
Itaú Unibanco Holding S.A. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R$43.14 |
| 52 Week High | R$49.67 |
| 52 Week Low | R$33.16 |
| Beta | 0.15 |
| 1 Month Change | 6.65% |
| 3 Month Change | -7.82% |
| 1 Year Change | 24.40% |
| 3 Year Change | 71.56% |
| 5 Year Change | 67.96% |
| Change since IPO | 3,221,707.32% |
Recent News & Updates
Narrative Update • Jun 30
ITUB4: Board Actions And Capital Decisions Will Support Higher Future Returns
Analysts have adjusted their price target for Itaú Unibanco Holding to R$55.00 from R$52.00, citing updated assumptions for revenue growth, profit margins, a slightly different discount rate, and a lower future P/E multiple. What’s in the News for Itaú Unibanco Holding An upcoming board meeting on May 28, 2026, will consider the payment of Interest on Capital and other corporate matters.
Narrative Update • Jun 16
ITUB4: Governance Changes And Capital Distributions Will Support Future Share Price
Analysts have nudged their price target for Itaú Unibanco Holding slightly lower to around R$48.38 from about R$48.77, reflecting modest adjustments to fair value assumptions, discount rate, and future P/E expectations, while keeping revenue growth and profit margin estimates effectively unchanged. What’s in the News for Itaú Unibanco Holding Itaú Unibanco Holding has a board meeting scheduled for May 05, 2026, to review and consider approval of the January to March 2026 financial statements, including the Supervisory Council’s opinion, the independent auditors’ unqualified report, and related management discussion and analysis, with potential submission of approved documents to the Brazilian Securities and Exchange Commission.Narrative Update • Jun 02
ITUB4: Higher Required Return And Governance Changes Will Support Bullish Outlook
Analysts have reset their price target on Itaú Unibanco Holding to R$48.77 from R$47.85, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E expectations. What's in the News A board meeting is scheduled for May 28, 2026 to consider payment of interest on capital and other business matters, according to company disclosures.Recent updates
Narrative Update • Jun 30
ITUB4: Board Actions And Capital Decisions Will Support Higher Future Returns
Analysts have adjusted their price target for Itaú Unibanco Holding to R$55.00 from R$52.00, citing updated assumptions for revenue growth, profit margins, a slightly different discount rate, and a lower future P/E multiple. What’s in the News for Itaú Unibanco Holding An upcoming board meeting on May 28, 2026, will consider the payment of Interest on Capital and other corporate matters.Narrative Update • Jun 16
ITUB4: Governance Changes And Capital Distributions Will Support Future Share Price
Analysts have nudged their price target for Itaú Unibanco Holding slightly lower to around R$48.38 from about R$48.77, reflecting modest adjustments to fair value assumptions, discount rate, and future P/E expectations, while keeping revenue growth and profit margin estimates effectively unchanged. What’s in the News for Itaú Unibanco Holding Itaú Unibanco Holding has a board meeting scheduled for May 05, 2026, to review and consider approval of the January to March 2026 financial statements, including the Supervisory Council’s opinion, the independent auditors’ unqualified report, and related management discussion and analysis, with potential submission of approved documents to the Brazilian Securities and Exchange Commission.Narrative Update • Jun 02
ITUB4: Higher Required Return And Governance Changes Will Support Bullish Outlook
Analysts have reset their price target on Itaú Unibanco Holding to R$48.77 from R$47.85, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E expectations. What's in the News A board meeting is scheduled for May 28, 2026 to consider payment of interest on capital and other business matters, according to company disclosures.Narrative Update • Apr 26
ITUB4: Updated JPMorgan Model And Overweight Stance Will Guide Risk Reward Outlook
Narrative update The analyst price target for Itaú Unibanco Holding has been raised from R$8 to R$9. Analysts attribute the change to updated modeling that incorporates modest adjustments to fair value, discount rate, revenue growth, profit margin, and future P/E assumptions.Narrative Update • Apr 11
ITUB4: Updated JPMorgan Model And Overweight Stance Will Shape Risk Reward Balance
Analysts have nudged their price target for Itaú Unibanco Holding higher, moving it from R$8.00 to R$9.00, as updated models reflect refined assumptions on discount rates, margins and future P/E multiples. Analyst Commentary Street research around Itaú Unibanco Holding is currently anchored on the updated price target of US$9, with JPMorgan keeping an Overweight rating after revisiting its model.Narrative Update • Mar 28
ITUB4: Updated JPMorgan Model And Overweight Rating Will Support Upside Potential
Analysts have raised their price target on Itaú Unibanco Holding to R$9 from R$8, reflecting updated models that refine assumptions such as the discount rate, revenue growth, profit margin and future P/E, while keeping the fair value estimate broadly unchanged at R$47.92. Analyst Commentary Recent updates to price targets and valuation models offer a mixed picture for Itaú Unibanco Holding, with bullish analysts adjusting their assumptions while still aligning with a broadly unchanged fair value estimate.Narrative Update • Mar 13
ITUB4: Updated Revenue And Margin Assumptions Will Support A More Positive Outlook
Analysts have nudged their price target on Itaú Unibanco Holding higher from R$8.00 to R$9.00, reflecting updated models that factor in small adjustments to fair value, discount rate, revenue growth, profit margin and future P/E assumptions. Analyst Commentary JPMorgan's updated model and higher price target give you a clearer view of how some on the Street are thinking about Itaú Unibanco Holding right now, both on potential upside and on execution risks.
New Narrative • Mar 12
Rising Technology Costs And Narrowing Margins Will Pressure Long Term Banking Profitability
Catalysts About Itaú Unibanco Holding Itaú Unibanco Holding is a large Latin American financial group focused on retail, wholesale and wealth management banking, as well as insurance and payments. What are the underlying business or industry changes driving this perspective?Narrative Update • Feb 25
ITUB4: Refined Models And Governance Moves Will Shape Balanced Medium Term Outlook
Analysts have lifted their R$ fair value estimate for Itaú Unibanco Holding to R$47.46 from R$46.05, citing updated models that factor in adjusted discount rates, revenue growth expectations, profit margins, and future P/E assumptions, alongside the recent Street move to raise the price target to R$9 from R$8. Analyst Commentary The recent move to lift the price target to US$9 from US$8, alongside the higher R$ fair value estimate, reflects updated models that take into account discount rates, earnings power, and what investors may be willing to pay on a P/E basis.Narrative Update • Feb 09
ITUB4: Governance Shifts And Capital Actions Will Shape Balanced Medium Term Outlook
Analysts have nudged their fair value estimate for Itaú Unibanco Holding higher from R$44.37 to R$46.05, citing updated assumptions for revenue growth, profit margins, discount rate and future P/E that together imply a slightly stronger long term earnings profile. What's in the News Board meeting on January 29, 2025 to record the resignation of Pedro Moreira Salles and appoint Roberto Egydio Setubal as Chairman of the Strategy Committee for the current term through the board meeting following the 2026 Annual General Stockholders' Meeting, and to adjust the Strategy Committee membership to include Setubal, Joao Moreira Salles, Marcos Marinho Lutz and Ricardo Villela Marino (company filing).New Narrative • Feb 08
AI Transformation And Wealth Expansion Will Reshape This Bank’s Earnings Profile
Catalysts About Itaú Unibanco Holding Itaú Unibanco Holding is a large Brazil based financial conglomerate that offers a full range of banking, payments, insurance, asset management and wealth services across retail, corporate and wholesale clients. What are the underlying business or industry changes driving this perspective?Narrative Update • Jan 26
ITUB4: Capital Actions And Governance Changes Will Guide Measured Future Upside Potential
Analysts have nudged their price target for Itaú Unibanco Holding higher to R$44.37 from R$43.18, citing updated assumptions around discount rates, revenue trajectory, profit margins and a slightly higher future P/E multiple. What's in the News Itaú Unibanco Holding plans a 1.030004017% stock dividend scheduled for December 26, 2025, classified as a stock dividend under 5% (Key Developments).Narrative Update • Jan 08
ITUB4: Capital Actions And Governance Changes Will Shape Future Per Share Upside
Narrative Update on Itaú Unibanco Holding Analysts have trimmed their fair value estimate for Itaú Unibanco Holding from R$44.46 to R$43.18, noting updated assumptions that include slightly adjusted discount rates and revenue growth, as well as a small change in expected profit margin and future P/E levels. What's in the News Itaú Unibanco has announced a 1.030004017% stock dividend scheduled for December 26, 2025, which may slightly increase shareholders' number of shares without additional cash outlay (Key Developments).Narrative Update • Dec 20
ITUB4: Upcoming Capital Actions Will Support Stronger Per Share Upside Potential
Analysts have raised their price target on Itaú Unibanco Holding slightly, reflecting marginally higher fair value estimates and expectations for steady revenue, stable profit margins, and a modestly richer future earnings multiple. What's in the News Board meeting scheduled for December 18, 2025, to consider an increase in subscribed and paid in capital within the limit of authorized capital, alongside other business matters (company filing) Analyst and investor day event set for November 27, 2025, providing management with a platform to update the market on strategy, capital allocation, and earnings outlook (company event notice) Board meeting on November 27, 2025, to approve the cancellation of 78,850,638 preferred shares held in treasury that were repurchased under the February 5, 2025, buyback program, potentially enhancing per share metrics (company filing) Board meeting on November 4, 2025, dedicated to reviewing the financial statements for January through September 2025 and addressing additional corporate matters (company filing) Board meeting on October 30, 2025, to decide on the removal and election of company officers as part of broader changes in executive leadership (company filing) Valuation Changes Fair Value: Raised slightly from R$43.55 to R$44.46 per share, reflecting a modestly higher intrinsic value estimate.Narrative Update • Dec 06
ITUB4: Upcoming Governance Changes And Guidance Day Will Support Balanced Outlook
Analysts have modestly raised their price target on Itaú Unibanco Holding to reflect a slightly higher fair value of R$43.55 from R$42.93, supported by incremental improvements in forecast revenue growth and valuation multiples, despite broadly stable profit margins and discount rates. What's in the News The scheduled Analyst and Investor Day will provide updated strategic and financial guidance, giving investors clearer visibility into medium term growth plans (company event) The board meeting on November 4, 2025 will review financial statements for January to September 2025, which may signal adjustments to guidance or capital allocation (company filing) The board meeting on October 30, 2025 will address the removal and election of company officers, indicating possible changes in senior management and the governance structure (company filing) Valuation Changes Fair value has risen slightly to R$43.55 from R$42.93, reflecting a modest uplift in the bank's estimated equity valuation.Narrative Update • Nov 22
ITUB4: Board Changes And Marginal Profit Gain Will Sustain Fair Valuation Outlook
Analyst Price Target Update for Itaú Unibanco Holding Analysts have revised their price target for Itaú Unibanco Holding upward, increasing it from R$42.46 to R$42.93. This update is based on improved revenue growth expectations and a slightly higher projected profit margin.Narrative Update • Nov 07
ITUB4: Future Profitability Will See Measured Improvement Amid Board Changes
Analysts have raised their price target for Itaú Unibanco Holding from R$41.59 to R$42.46. The adjustment reflects revised growth and profitability forecasts.Narrative Update • Aug 29
Digital Transformation And Customer Engagement Will Improve Operating Efficiency
Itaú Unibanco Holding's consensus analyst price target saw a negligible increase, with both future P/E and revenue growth forecasts remaining stable, resulting in a minor fair value revision from R$40.67 to R$41.13. What's in the News Analyst/Investor Day scheduled.
New Narrative • Feb 09
Bank Will Use AI To Reduce Incidents By 99% And Improve Client Experience
Significant ESG financing growth and tech investments are projected to enhance revenue, attract investors, and improve net margins through better client experiences.Shareholder Returns
| ITUB4 | BR Banks | BR Market | |
|---|---|---|---|
| 7D | 1.3% | 4.7% | 3.4% |
| 1Y | 24.4% | 19.1% | 17.1% |
Return vs Industry: ITUB4 exceeded the BR Banks industry which returned 19.1% over the past year.
Return vs Market: ITUB4 exceeded the BR Market which returned 17.1% over the past year.
Price Volatility
| ITUB4 volatility | |
|---|---|
| ITUB4 Average Weekly Movement | 3.3% |
| Banks Industry Average Movement | 3.6% |
| Market Average Movement | 4.5% |
| 10% most volatile stocks in BR Market | 7.8% |
| 10% least volatile stocks in BR Market | 1.9% |
Stable Share Price: ITUB4 has not had significant price volatility in the past 3 months compared to the BR market.
Volatility Over Time: ITUB4's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1924 | n/a | Milton Maluhy Filho | www.itau.com.br |
Itaú Unibanco Holding S.A. provides various financial products and services to personal and corporate customers in Brazil and internationally. It operates through three segments: Retail Business, Wholesale Business and Activities with the Market + Corporation. The company offers current accounts; funds management; payments and collections; loans; credit and debit cards; investment and commercial banking services; real estate lending and financing services; economic, financial and brokerage advisory; and leasing and foreign exchange services.
Itaú Unibanco Holding S.A. Fundamentals Summary
| ITUB4 fundamental statistics | |
|---|---|
| Market cap | R$488.66b |
| Earnings (TTM) | R$45.99b |
| Revenue (TTM) | R$138.19b |
10.3x
P/E Ratio2.3x
P/B RatioIs ITUB4 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ITUB4 income statement (TTM) | |
|---|---|
| Revenue | R$138.19b |
| Cost of Revenue | R$0 |
| Gross Profit | R$138.19b |
| Other Expenses | R$92.20b |
| Earnings | R$45.99b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Aug 04, 2026
| Earnings per share (EPS) | 4.17 |
| Gross Margin | 100.00% |
| Net Profit Margin | 33.28% |
| Debt/Equity Ratio | 522.9% |
How did ITUB4 perform over the long term?
See historical performance and comparisonDividends
6.9%
Current Dividend Yield81%
Payout RatioDoes ITUB4 pay a reliable dividends?
See ITUB4 dividend history and benchmarks| Itaú Unibanco Holding dividend dates | |
|---|---|
| Ex Dividend Date | Mar 20 2026 |
| Dividend Pay Date | Aug 31 2026 |
| Days until Ex dividend | 118 days |
| Days until Dividend pay date | 46 days |
Does ITUB4 pay a reliable dividends?
See ITUB4 dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/16 01:49 |
| End of Day Share Price | 2026/07/15 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Itaú Unibanco Holding S.A. is covered by 24 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Roberto de Aguiar Attuch | Barclays |
| Rafael Reis | BB Banco de Investimento S.A. |
| Mario Lucio Pierry | BofA Global Research |