(ITUB) Itau Unibanco Banco Holding - Ratings and Ratios
Loans, Cards, Insurance, Investments, Leasing
EPS (Earnings per Share)
Revenue
| Risk via 10d forecast | |
|---|---|
| Volatility | 26.8% |
| Value at Risk 5%th | 42.9% |
| Relative Tail Risk | -2.77% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.44 |
| Alpha | 37.89 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.553 |
| Beta | 0.543 |
| Beta Downside | 0.463 |
| Drawdowns 3y | |
|---|---|
| Max DD | 27.76% |
| Mean DD | 6.51% |
| Median DD | 4.97% |
Description: ITUB Itau Unibanco Banco Holding September 26, 2025
Itaú Unibanco Holding S.A. (NYSE: ITUB) is Brazil’s largest private-sector bank, delivering a broad suite of financial products-including current accounts, credit and debit cards, consumer and corporate loans, investment banking, real-estate financing, brokerage, leasing, foreign-exchange, and both non-life and life insurance-to retail, micro-enterprise, middle-market, high-net-worth, and institutional clients.
The firm operates through three primary segments: Retail Banking, Wholesale Banking, and “Activities with the Market + Corporation,” which together generate roughly 70 % of revenue from retail deposits and loan interest, 20 % from wholesale corporate financing, and the remaining 10 % from market-linked activities and insurance premiums.
Key recent metrics (as of Q2 2024) show a net profit of BRL 12.8 billion, a loan-to-deposit ratio of 84 % (indicating moderate leverage), and a net interest margin (NIM) of 3.1 %-both in line with Brazil’s high-interest-rate environment but below the regional average of 3.4 % for diversified banks. The bank’s digital-banking active users grew 15 % YoY, reflecting a sector-wide shift toward fintech adoption that is expected to boost cost-to-income efficiency.
Macro-economic drivers that materially affect ITUB include Brazil’s central-bank policy rate (Selic), which has hovered around 13.75 % in 2024, and the country’s GDP growth forecast of 2.2 % YoY, a modest expansion that supports loan demand but also raises credit-risk concerns in the consumer segment. Additionally, the bank’s exposure to the corporate sector ties its performance to Brazil’s export-driven industries, which are sensitive to commodity price volatility.
For a deeper, data-driven assessment of ITUB’s valuation relative to peers, the ValueRay platform offers a granular, model-based view.
ITUB Stock Overview
| Market Cap in USD | 79,966m |
| Sub-Industry | Diversified Banks |
| IPO / Inception | 2002-02-25 |
| Return 12m vs S&P 500 | 32.9% |
| Analyst Rating | 4.17 of 5 |
ITUB Dividends
| Metric | Value |
|---|---|
| Dividend Yield | 5.96% |
| Yield on Cost 5y | 14.02% |
| Yield CAGR 5y | 15.93% |
| Payout Consistency | 83.7% |
| Payout Ratio | 1.6% |
ITUB Growth Ratios
| Metric | Value |
|---|---|
| CAGR 3y | 28.18% |
| CAGR/Max DD Calmar Ratio | 1.01 |
| CAGR/Mean DD Pain Ratio | 4.33 |
| Current Volume | 12094.2k |
| Average Volume | 19752.4k |
Piotroski VR‑10 (Strict, 0-10) 2.5
| Net Income (44.35b TTM) > 0 and > 6% of Revenue (6% = 18.95b TTM) |
| FCFTA 0.03 (>2.0%) and ΔFCFTA -0.47pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -403.0% (prev -283.0%; Δ -120.0pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.03 (>3.0%) and CFO 83.21b > Net Income 44.35b (YES >=105%, WARN >=100%) |
| Net Debt (717.42b) to EBITDA (57.18b) ratio: 12.55 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.27 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (10.80b) change vs 12m ago -0.67% (target <= -2.0% for YES) |
| Gross Margin 40.14% (prev 41.25%; Δ -1.11pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 10.98% (prev 11.29%; Δ -0.31pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 0.16 (EBITDA TTM 57.18b / Interest Expense TTM 218.16b) >= 6 (WARN >= 3) |
Altman Z'' -2.51
| (A) -0.43 = (Total Current Assets 462.04b - Total Current Liabilities 1735.28b) / Total Assets 2969.35b |
| (B) 0.04 = Retained Earnings (Balance) 121.43b / Total Assets 2969.35b |
| (C) 0.01 = EBIT TTM 35.62b / Avg Total Assets 2876.39b |
| (D) 0.08 = Book Value of Equity 216.74b / Total Liabilities 2744.64b |
| Total Rating: -2.51 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 52.54
| 1. Piotroski 2.50pt |
| 2. FCF Yield 7.28% |
| 3. FCF Margin 24.63% |
| 4. Debt/Equity 4.57 |
| 5. Debt/Ebitda 12.55 |
| 6. ROIC - WACC (= -1.68)% |
| 7. RoE 21.23% |
| 8. Rev. Trend -24.51% |
| 9. EPS Trend 46.30% |
What is the price of ITUB shares?
Over the past week, the price has changed by -2.38%, over one month by +4.43%, over three months by +7.56% and over the past year by +50.53%.
Is ITUB a buy, sell or hold?
- Strong Buy: 2
- Buy: 3
- Hold: 1
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the ITUB price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 7.5 | 2.2% |
| Analysts Target Price | 7.5 | 2.2% |
| ValueRay Target Price | 10.1 | 37.1% |
ITUB Fundamental Data Overview November 21, 2025
P/E Trailing = 9.6883
P/E Forward = 8.5543
P/S = 0.5907
P/B = 1.9874
P/EG = 1.3166
Beta = 0.144
Revenue TTM = 315.91b BRL
EBIT TTM = 35.62b BRL
EBITDA TTM = 57.18b BRL
Long Term Debt = 311.60b BRL (from longTermDebt, last quarter)
Short Term Debt = 666.97b BRL (from shortTermDebt, last quarter)
Debt = 981.74b BRL (from shortLongTermDebtTotal, last quarter)
Net Debt = 717.42b BRL (from netDebt column, last quarter)
Enterprise Value = 1069.07b BRL (430.89b + Debt 981.74b - CCE 343.56b)
Interest Coverage Ratio = 0.16 (Ebit TTM 35.62b / Interest Expense TTM 218.16b)
FCF Yield = 7.28% (FCF TTM 77.81b / Enterprise Value 1069.07b)
FCF Margin = 24.63% (FCF TTM 77.81b / Revenue TTM 315.91b)
Net Margin = 14.04% (Net Income TTM 44.35b / Revenue TTM 315.91b)
Gross Margin = 40.14% ((Revenue TTM 315.91b - Cost of Revenue TTM 189.10b) / Revenue TTM)
Gross Margin QoQ = 100.0% (prev 29.59%)
Tobins Q-Ratio = 0.36 (Enterprise Value 1069.07b / Total Assets 2969.35b)
Interest Expense / Debt = 5.50% (Interest Expense 53.99b / Debt 981.74b)
Taxrate = 28.86% (4.94b / 17.12b)
NOPAT = 25.34b (EBIT 35.62b * (1 - 28.86%))
Current Ratio = 0.27 (Total Current Assets 462.04b / Total Current Liabilities 1735.28b)
Debt / Equity = 4.57 (Debt 981.74b / totalStockholderEquity, last quarter 214.92b)
Debt / EBITDA = 12.55 (Net Debt 717.42b / EBITDA 57.18b)
Debt / FCF = 9.22 (Net Debt 717.42b / FCF TTM 77.81b)
Total Stockholder Equity = 208.92b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.49% (Net Income 44.35b / Total Assets 2969.35b)
RoE = 21.23% (Net Income TTM 44.35b / Total Stockholder Equity 208.92b)
RoCE = 6.84% (EBIT 35.62b / Capital Employed (Equity 208.92b + L.T.Debt 311.60b))
RoIC = 3.49% (NOPAT 25.34b / Invested Capital 726.53b)
WACC = 5.17% (E(430.89b)/V(1412.63b) * Re(8.02%) + D(981.74b)/V(1412.63b) * Rd(5.50%) * (1-Tc(0.29)))
Discount Rate = 8.02% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 33.33 | Cagr: 4.47%
[DCF Debug] Terminal Value 77.48% ; FCFE base≈81.12b ; Y1≈76.89b ; Y5≈73.29b
Fair Price DCF = 248.8 (DCF Value 1310.00b / Shares Outstanding 5.27b; 5y FCF grow -6.77% → 3.0% )
EPS Correlation: 46.30 | EPS CAGR: 11.61% | SUE: 0.29 | # QB: 0
Revenue Correlation: -24.51 | Revenue CAGR: -26.17% | SUE: -0.12 | # QB: 0
Additional Sources for ITUB Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle