Saturday 17 October 2026 Export ITUB’s income statement to Excel — free account

Itau Unibanco Holding S.A.

Itau Unibanco Holding S.A.’s revenue for fiscal 2025 (year ended December 2025) was $69.3 billion, up 23.4% from fiscal 2024. In the quarter to June 2026, revenue grew 9.19%, EPS grew 25.9%, free cash flow grew 584.7% and total debt rose 19.6%, each against the same quarter a year earlier.

9.44 0.06 −0.63%

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Market cap: $51.3B
P/E: 12.0×
Fwd P/E: —
Dividend yield: 4.67%
F-score: 5/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 3.77

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	4	—	—	1	—	1	—

Insider Ownership 51.01%

Capital & Financial Ratios $m

Market Cap 51,340.00

Revenue 73,088.96

Net Income 9,099.01

Free Cash Flow 29,037.62

Net Debt 5,639.00

Current Ratio 1.08

Debt/Equity 2.44

P/E ratio 12.03

Fwd P/E —

P/S ratio 1.42

P/B ratio 2.31

Past 5Y EPS Growth 17.13%

This Y EPS Growth 18.58%

Next Y EPS Growth 9.46%

Next Y revenue growth —

Next 5Y EPS Growth 12.97%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 97.64%

10-year low 10-year high

P/S against its own 10 years 82.90%

10-year low 10-year high

P/B against its own 10 years 97.57%

10-year low 10-year high

Dividends

Payout Ratio 0.58

Annual Dividend Rate 0.44

Annual Dividend Yield 4.67%

	total	individual payouts
2026	0.04	0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
2025	0.43	0.00 0.00 0.29 0.00 0.00 0.00 0.00 0.06 0.00 0.00 0.06 0.00 0.00 0.00 0.00 0.39
2024	0.03	0.00 0.20 0.00 0.04 0.00 0.00 0.00 0.04 0.00 0.00 0.00 0.04 0.00 0.00 0.00 0.05
2023	0.24	0.00 0.00 0.05 0.00 0.00 0.00 0.05 0.00 0.00 0.00 0.05 0.00 0.00 0.00 0.04 0.00
2022	0.18	0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.05 0.00 0.00 0.00 0.00 0.08 0.00
2021	0.09	0.00 0.01 0.00 0.02 0.00 0.01 0.00 0.01 0.00 0.01 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.05 0.00
2020	0.23	0.00 0.00 0.19 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.01
2019	0.41	0.00 0.00 0.36 0.00 0.00 0.00 0.00 0.00 0.00 0.16 0.00 0.00 0.00 0.00 0.01
2018	0.03	0.00 0.00 0.38 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.10 0.00 0.00 0.00 0.00 0.00
2017	0.17	0.00 0.00 0.12 0.00 0.00 0.00 0.00 0.00 0.00 0.06 0.00 0.00 0.00 0.00 0.02
2016	0.03	0.00 0.00 0.07 0.00 0.00 0.00 0.00 0.00 0.00 0.06 0.00 0.00 0.00 0.00 0.00 0.08 0.00

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	145,713	276,001	225,032	104,619
Receivables	—	—	—	—
Inventory	—	—	—	—
Other	—	—	—	—
	344,161	482,619	439,729	344,663

	2023	2024	2025	Q'26
Payables	190,556	195,549	199,604	224,515
ST’ Debt	—	—	—	—
Other	795	809	1,153	1,151
	264,953	269,622	279,428	318,525

Compound Annual Growth %

	10y	5y	3y
Sales	3.12%	15.52%	8.10%
Cash Flow	0.00%	(11.76%)	(37.41%)
Earnings	0.22%	16.99%	11.77%
Book Value	1.01%	5.14%	3.89%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	17,099	19,804	—	—	—
’25	15,010	18,137	17,881	18,305	69,333
’24	16,146	16,514	13,092	10,428	56,179
’23	14,573	14,986	16,421	16,759	62,738
’22	12,505	12,448	14,550	15,385	54,889
’21	7,980	7,769	8,777	11,733	36,259
’20	9,875	8,359	7,007	8,468	33,709

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	10,557	14,519	—	—	—
’25	(2,000)	2,385	13,915	(8,127)	6,173
’24	9,687	(621)	(7,008)	(747)	1,311
’23	8,658	2,993	7,211	(3,340)	15,522
’22	5,697	12,357	5,584	1,536	25,174
’21	(2,359)	4,450	3,146	5,900	11,138
’20	6,828	6,076	(874)	(488)	11,541

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	9,754	14,150	—	—	—
’25	(2,301)	2,066	13,598	(8,464)	4,899
’24	9,387	(928)	(7,286)	(1,071)	101
’23	8,238	2,633	6,870	(3,995)	13,746
’22	5,373	11,910	5,282	1,064	23,630
’21	(2,557)	4,136	2,338	5,587	9,504
’20	6,590	5,885	(1,079)	(760)	10,636

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.20	0.21	—	—	—
’25	0.17	0.17	0.18	0.17	0.72
’24	0.18	0.18	0.17	0.17	0.68
’23	0.12	0.16	0.15	0.17	0.59
’22	0.11	0.13	0.14	0.12	0.51
’21	0.10	0.14	0.11	0.11	0.44
’20	0.07	0.06	0.08	0.15	0.33

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	2.42	4.86	4.78	5.52	2.53	3.14	3.28	3.74	4.32	4.29	Analyst estimates 2026–2028 Powerpack
	High	5.91	7.08	8.24	7.86	6.84	4.92	5.36	6.22	6.42	7.89
People
People	Employees	94,779	99,332	100,335	94,881	96,540	99,598	99,598	95,702	96,219	92,470
	Revenue/emp, $m	0.65	0.60	0.41	0.52	0.35	0.36	0.55	0.66	0.58	0.75
Income, $m
Income, $m	Revenue	61,293	59,312	41,576	48,916	33,709	36,259	54,889	62,738	56,179	69,333
	Gross margin, %	55.50	58.64	53.53	60.65	57.67	64.58	51.12	49.48	44.80	43.34
	EBT	10,950	10,088	8,374	7,917	1,015	7,825	7,270	7,952	8,817	9,000
	EBT margin, %	17.86	17.01	20.14	16.18	3.01	21.58	13.25	12.67	15.69	12.98
	Net income	6,761	7,601	8,263	7,048	2,922	5,260	5,954	6,786	7,811	8,212
	Depreciation	927	993	976	902	723	784	929	1,132	1,194	1,323
Per share, $
Per share, $	Revenue	5.53	5.37	3.78	4.43	3.05	3.27	4.94	5.65	5.07	6.26
	Earnings	0.56	0.68	0.59	0.60	0.34	0.45	0.52	0.60	0.69	0.73
	Cash flow	0.78	0.24	0.56	0.81	1.04	1.01	2.27	1.40	0.12	0.56
	Capex	(0.05)	(0.10)	(0.07)	(0.09)	(0.08)	(0.15)	(0.14)	(0.16)	(0.11)	(0.11)
	Free cash flow	0.73	0.15	0.50	0.71	0.96	0.86	2.13	1.24	0.01	0.44
	Book value	3.49	4.19	3.74	3.43	2.71	2.75	3.09	3.59	3.70	3.48
	Shares, m	11,086	11,053	11,011	11,036	11,058	11,077	11,102	11,102	11,090	11,078
Valuation, ×
Valuation, ×	P/E	8.73	9.70	10.67	10.78	12.24	7.35	7.48	10.01	6.36	10.17
	P/S	0.94	1.22	1.76	1.50	1.45	1.01	0.77	1.06	0.86	1.14
	P/B	1.49	1.56	1.78	1.94	1.63	1.20	1.24	1.67	1.18	2.06
	EV/Sales	(0.77)	(1.08)	0.06	(0.34)	(2.21)	(1.80)	(0.03)	0.17	(2.36)	(0.65)
	EV/FCF	(5.83)	(38.58)	0.45	(2.14)	(7.01)	(6.85)	(0.08)	0.79	(1,307.37)	(9.26)
Cash, $m
Cash, $m	Operating cash flow	8,690	2,707	6,213	8,926	11,541	11,138	25,174	15,522	1,311	6,173
	Capex	(558)	(1,054)	(725)	(1,048)	(905)	(1,633)	(1,544)	(1,775)	(1,209)	(1,274)
	Free cash flow	8,132	1,653	5,488	7,877	10,636	9,504	23,630	13,746	101	4,899
Balance, $m
Balance, $m	Working capital	123,523	145,581	72,913	129,168	101,640	99,624	87,645	79,208	212,998	160,301
	Total debt	66,435	71,440	62,557	70,725	57,103	58,535	82,135	89,841	95,081	100,371
	Net debt	(104,961)	(136,278)	(70,737)	(90,361)	(123,497)	(101,777)	(44,388)	(55,872)	(180,920)	(124,660)
	Shareholders’ equity	38,651	46,355	41,168	37,874	29,978	30,477	34,351	39,870	41,026	38,520
Returns, %
Returns, %	ROA	1.72	1.79	1.56	1.64	0.91	1.28	1.38	1.38	1.47	1.49
	ROIC	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	ROE	18.15	17.61	15.57	17.38	10.81	16.40	17.75	17.87	18.83	20.20

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
LYG Lloyds Banking Group PLC	$78.4B	15.5×	—	−67.58% (below 0%: shrinking)	+413.83% (above 0%: growing)	+62.30% (above 0%: growing)	100.00%	0.00%	Compare
NU Nu Holdings Ltd.	$71.2B	19.7×	14.5×	+50.29% (above 0%: growing)	+69.23% (above 0%: growing)	−102.15% (below 0%: shrinking)	71.77%	0.00%	Compare
NWG NatWest Group plc	$69.2B	9.9×	8.4×	+14.08% (above 0%: growing)	+77.78% (above 0%: growing)	−47.36% (below 0%: shrinking)	59.01%	0.00%	Compare
DB Deutsche Bank Aktiengesellschaft	$61.8B	7.6×	8.4×	+5.77% (above 0%: growing)	+160.96% (above 0%: growing)	+127.23% (above 0%: growing)	57.34%	0.00%	Compare
TFC Truist Financial Corporation	$56.9B	10.7×	10.8×	+0.75% (above 0%: growing)	+36.26% (above 0%: growing)	+13.68% (above 0%: growing)	69.18%	0.00%	Compare
ITUB Itau Unibanco Holding S.A.	$51.3B	12.0×	—	+9.19% (above 0%: growing)	+25.86% (above 0%: growing)	+584.73% (above 0%: growing)	46.42%	0.00%
FITB Fifth Third Bancorp	$45.7B	17.0×	17.0×	+37.01% (above 0%: growing)	−4.55% (below 0%: shrinking)	+125.45% (above 0%: growing)	73.89%	0.00%	Compare
KB KB Financial Group Inc	$41.7B	10.1×	—	+25.89% (above 0%: growing)	+12.12% (above 0%: growing)	+482.05% (above 0%: growing)	61.64%	0.00%	Compare
SHG Shinhan Financial Group Co Ltd	$33.1B	9.5×	9.1×	+27.14% (above 0%: growing)	+10.37% (above 0%: growing)	+120.93% (above 0%: growing)	63.24%	0.00%	Compare
Median of peers	$59.3B	10.4×	9.9×	+19.99%	+52.75%	+91.62%	66.21%	0.00%

All 323 Banks Regional stocks →

Itau Unibanco Holding S.A. (ITUB) key facts

Strength: Itau Unibanco Holding S.A.’s revenue for fiscal 2025 (year ended December 2025) was $69.3 billion, up 23.4% from fiscal 2024.
Strength: Net income was $8.2 billion, or $0.73 per share (basic), a net margin of 11.6%.
Itau Unibanco Holding S.A. (ITUB) is a Banks Regional company in the Financial sector, traded in the US as an ADR.
As of October 16, 2026, ITUB traded at $9.44, a market capitalization of $51.3 billion.
At that price the stock trades at 12.0× trailing-twelve-month earnings and 1.4× sales; its P/E is higher than 98% of its own readings over the past ten years.
Itau Unibanco Holding S.A. pays an annual dividend of $0.44 per share, a yield of 4.67%, with a payout ratio of 57.7%.
Return on equity was 20.2% and debt-to-equity 2.44.
Its Piotroski F-score is 5 out of 9 for fiscal 2025.