Itau Unibanco Banco Holding SA (ITUB)

Exchange: USA Stocks • Country: Brazil • Currency: USD • Type: Common Stock • ISIN: US4655621062

Itau Unibanco Banco Holding SA (NYSE: ITUB) is a financial institution that provides a wide range of financial products and services to both individuals and corporate clients, both in Brazil and internationally. The company is organized into three key segments: Retail Banking, Wholesale Banking, and Activities with the Market + Corporation.

The company offers a variety of services including current accounts, loans, credit and debit cards, investment and commercial banking services, real estate lending services, financing and investment services, economic and financial advisory, as well as insurance products. It also provides property and casualty insurance products and life insurance options to cover various risks.

Itau Unibanco serves an extensive range of customers, including retail clients, high-net-worth individuals, microenterprises, small companies, middle-market companies, and high-income clients. The company has evolved over time, initially known as Itaú Unibanco Banco Múltiplo S.A. before changing its name to Itaú Unibanco Holding S.A. in April 2009.

Established in 1924 and headquartered in São Paulo, Brazil, Itau Unibanco operates as a subsidiary of IUPAR - Itaú Unibanco Participações S.A. For more information, you can visit their website at https://www.itau.com.br.

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Drawdown (Underwater) Chart

Drawdown / Underwater Chart for Itau Unibanco Banco Holding SA (ITUB)

ITUB Stock Overview

Market Cap in USD 67,948m
Sector Financial Services
Industry Banks - Regional
GiC SubIndustry Diversified Banks
TER 0.00%
IPO / Inception 2002-02-25

ITUB Stock Ratings

Fundamental 1.34
Dividend 3.99
Growth 5y 1.98
Rel. Performance vs Sector 2.86
Analysts 3.63
Fair Price Total Ret. 6.33
Fair Price DCF 84.36

ITUB Dividends

Yield 12m 6.69%
Yield on Cost 5y 7.64%
Dividends CAGR 5y -17.32%
Payout Consistency 90.0%

ITUB Growth Ratios

Growth 12m 58.06%
Growth Correlation 12m 68%
Growth Correlation 3m 48%
CAGR 5y 2.72%
CAGR / Mean Drawdown 0.09
Sharpe Ratio 12m 1.81
Alpha vs SP500 12m 25.78
Beta vs SP500 5y weekly 1.10
CAPM 8.27%
Average Daily Range 2m 1.81%
Regime Oscillator 78.31
Volatility GJR Garch 1y 29.02%
Price / SMA 50 6.83%
Price / SMA 200 23.08%
Current Volume 12303.4k
Average Volume 20d 21257.8k

External Links for ITUB Stock

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What is the price of ITUB stocks?
As of February 28, 2024, the stock is trading at USD 7.04 with a total of 12,303,407 shares traded.
Over the past week, the price has changed by +0.53%, over one month by +9.53%, over three months by +17.94% and over the past year by +57.40%.
Why is ITUB stock down?
Check with which Index or Commodity ITUB has the highest Correlation, do they have a common driver?
Review the Fundamentals to find weaknesses (Debt, low returns). Check the Performance of the Peer-Group to find out, if the entire sector is under pressure.
Period Return ITUB Return S&P 500
1 Month 9.53% 4.00%
3 Months 17.94% 11.99%
12 Months 57.40% 29.39%
What is the forecast for ITUB stock price target?
According to ValueRays Forecast Model, ITUB Itau Unibanco Banco Holding SA will be worth about 7.6 in February 2025. The stock is currently trading at 7.04. This means that the stock has a potential upside of +7.81%.
Issuer Forecast Upside
Wallstreet Target Price 7.6 8.4%
Analysts Target Price 6.6 -6.1%
ValueRay Target Price 7.6 7.8%

Exploring Itau Unibanco Banco Holding SA: A Comprehensive Overview

Itau Unibanco Banco Holding SA, commonly referred to as Itau Unibanco, represents a towering presence in the financial landscape of Latin America, particularly within its home country, Brazil. As a company with roots stretching back to the mid-20th century, it has a rich history that mirrors the economic development of Brazil. Today, Itau Unibanco is not just a financial giant in Brazil but also an institution with significant influence across South America and beyond.

The History of Itau Unibanco

Itau Unibanco's story began in the 1940s, with Itau and Unibanco initially operating as separate entities. Itau, founded in 1945, and Unibanco, founded in 1924, were both instrumental in shaping Brazil's banking sector. In 2008, in a move that signaled a new era for both banks and the industry at large, Itau and Unibanco merged to form Itau Unibanco, creating one of the largest financial conglomerates in the world.

Core Business

At its core, Itau Unibanco is a comprehensive financial services provider, offering a wide range of products and services. These include, but are not limited to, personal and commercial banking, credit cards, asset management, insurance, and investment banking. This broad spectrum of services allows Itau Unibanco to cater to an extensive customer base, spanning individuals, small and medium-sized enterprises (SMEs), and large corporations.

Side Businesses and Investments

Beyond its primary banking operations, Itau Unibanco has ventured into various side businesses and strategic investments, underscoring its diversified approach to growth. Key areas include digital banking solutions aimed at enhancing customer experience and efficiency, fintech partnerships that foster innovation and inclusion, and sustainable finance initiatives that align with global environmental goals.

Current Market Status

In the present day, Itau Unibanco continues to be a formidable player in the financial sector. Listed on the New York Stock Exchange under the ticker ITUB, it demonstrates robust financial health, resilience in the face of economic fluctuations, and a commitment to sustainable growth. Despite challenges such as competitive pressures and regulatory changes, Itau Unibanco's diversification strategy, strong capital base, and focus on technological innovation position it well for future success.

Looking Ahead

As Itau Unibanco moves forward, it remains focused on enhancing its core services while exploring new opportunities for expansion and innovation. With its deep roots in Brazil's financial history and an eye on future trends, Itau Unibanco is poised to continue its journey as a leading force in the banking industry, both in Latin America and on the global stage.