Itaú Unibanco (ADR) (ITUB)
Serves Brazilian consumers and companies through retail, wholesale, payments and investment businesses.
Something off on this page? Send us feedback.
Provides banking, credit, cards, acquiring, insurance, investments and wealth services, with retail as its largest business and wholesale banking next. Operations center on Brazil while extending across Latin America, supported by a client-focused digital model.
Combines consumer and small-business banking with cards, acquiring, credit, insurance-related services, investments and wealth management. Retail is the largest of its three managerial segments, followed by Wholesale Business and Activities with the Market + Corporation.
Serves large companies through corporate and investment banking while operating beyond Brazil in selected Latin American markets. A long history of mergers and acquisitions built its branch, wholesale, payments and regional capabilities.
Modernizes systems architecture, data, design and digital delivery around stated client-focused priorities. The business remains tied to Central Bank of Brazil supervision, capital and liquidity rules, compulsory deposits, directed-credit requirements, borrower conditions and Brazil's interest-rate, inflation, employment and exchange-rate cycles.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Jul 10, 2025 | UBS | Downgrade | ||
| Jan 17, 2025 | UBS | Upgrade | ||
| Jan 13, 2025 | HSBC | Upgrade | Target: — | Target: $6.80 |
| Jan 13, 2025 | HSBC Securities | Upgrade |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $76.83B · Total debt $200.15B · Total assets $626.00B · Shareholders' equity $42.53B
- Revenue
- $19.38B
- Operating income
- $2.77B
- Net income
- $2.40B
Reported in BRL, converted at the latest exchange rate
HistoryDividendAnnual yieldUpcoming
| Institutions | ≈ 10.50% | 1.16B ADS | |
|---|---|---|---|
| 402 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 46.46% | 5.12B ADS | |
| 4 holders · as of Mar 27, 2026 | |||
| Other | ≈ 43.04% | 4.74B ADS | |
| remainder | |||
11.02B ADS as of Sep 7, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
The share count is from the company's Dec 2022 annual report; nothing newer is on file here.
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Setubal Roberto Egydio1Insiderdirector | 46.34% | 5.11B ordinary | filed Mar 27, 2026 |
Capital Research Global InvestorsInstitution | 0.86% | 94.96M ADS | as of Jun 30, 2026 |
Orbis Allan Gray LtdInstitution | 0.74% | 81.30M ADS | as of Jun 30, 2026 |
Westwood Global Investments, LLCInstitution | 0.56% | 61.53M ADS | as of Jun 30, 2026 |
Schroder Investment Management GroupInstitution | 0.51% | 56.75M ADS | as of Jun 30, 2026 |
- Setubal Roberto Egydio reports a block also reported by Vanguard Capital Management LLC; it is counted once, under Vanguard Capital Management LLC.
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 8, 2026 | Vanzo Carlos Orestes | officer: SMEs Officer (retail segment) | −74,643 | $8.38 |
| Jul 7, 2026 | Vanzo Carlos Orestes | officer: SMEs Officer (retail segment) | −60,000 | $8.24 |
| Apr 17, 2026 | Fajerman Sergio Guillinet | officer: Chief People and MKT Officer | −39,477 | $9.53 |
| Apr 15, 2026 | Fajerman Sergio Guillinet | officer: Chief People and MKT Officer | −20,000 | $9.45 |
| Apr 14, 2026 | Fajerman Sergio Guillinet | officer: Chief People and MKT Officer | −50,000 | $9.38 |
- Banco Bradesco (ADR)
Broad overlap across Brazilian banking, cards, wealth, and insurance
- Santander Brasil (ADR)
Retail and wholesale overlap across Brazil's banking market
- Nu
Digital-first pressure in cards, deposits, lending, and investments
- XP
Investment-platform rivalry spanning advice, assets, and wholesale
- StoneCo
Merchant-acquiring pressure with banking and credit adjacencies
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Itaú Unibanco (ADR) | $8.33 | −1.48% | $93.13B | 10.6 | 10.9 | 1.2 | −51.6% |
| Banco Bradesco (ADR) | $3.53 | +0.14% | $37.23B | 8.0 | 8.0 | 0.6 | +21.1% |
| Santander Brasil (ADR) | $5.81 | −1.28% | $44.03B | 9.6 | 9.0 | 0.6 | +9.5% |
| Nu | $13.91 | −1.10% | $68.09B | 19.0 | 13.9 | 3.5 | +66.0% |
| XP | $20.73 | −0.26% | $10.87B | 10.5 | 11.3 | 2.9 | +16.7% |
| StoneCo | $9.74 | +0.26% | $2.36B | 3.8 | 5.7 | 0.9 | +14.3% |
| Median | 9.6 | 9.0 | 0.9 | +16.7% |