Overview Dividends

(ITUB) Itau Unibanco Banco Holding - Ratings and Ratios

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

Loans, Cards, Insurance, Investments, Leasing

ITUB EPS (Earnings per Share)

EPS Growth (3Y CAGR): 11.61%
EPS Trend (3Y Correlation): 46.3%

ITUB Revenue

Revenue Growth (3Y CAGR): -26.17%
Revenue Trend (3Y Correlation): -24.5%

Risk via 10d forecast
Volatility	26.8%
Value at Risk 5%th	43.1%

Reward
Sharpe Ratio	1.34
Alpha	37.22

Character
Hurst Exponent	0.532
Beta	0.144

Drawdowns 3y
Max DD	27.76%
Mean DD	6.49%

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	75,951m
Sub-Industry	Diversified Banks
IPO / Inception	2002-02-25
Return 12m vs S&P 500	30.1%
Analyst Rating	4.17 of 5

ITUB Dividends

Dividend Yield	5.43%
Yield on Cost 5y	14.23%
Yield CAGR 5y	21.72%
Payout Consistency	90.2%
Payout Ratio	1.6%

ITUB Growth Ratios

CAGR	28.37%
CAGR/Max DD Calmar Ratio	1.02
CAGR/Mean DD Pain Ratio	4.37
Current Volume	13846.6k
Average Volume	21175.1k

Piotroski VR‑10 (Strict, 0-10) 2.5

Net Income (44.35b TTM) > 0 and > 6% of Revenue (6% = 18.95b TTM)

FCFTA -0.00 (>2.0%) and ΔFCFTA -3.37pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -301.3% (prev -283.0%; Δ -18.22pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA -0.00 (>3.0%) and CFO -2.70b <= Net Income 44.35b (YES >=105%, WARN >=100%)

Net Debt (970.10b) to EBITDA (40.06b) ratio: 24.22 <= 3.0 (WARN <= 3.5)

Current Ratio 0.44 (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 10.93% (prev 11.29%; Δ -0.36pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 0.22 (EBITDA TTM 40.06b / Interest Expense TTM 164.17b) >= 6 (WARN >= 3)

Altman Z'' -1.79

(A) -0.32 = (Total Current Assets 746.18b - Total Current Liabilities 1697.88b) / Total Assets 2996.46b

(B) 0.04 = Retained Earnings (Balance) 121.43b / Total Assets 2996.46b

(D) 0.07 = Book Value of Equity 207.16b / Total Liabilities 2780.70b

Total Rating: -1.79 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 41.51

1. Piotroski 2.50pt = -2.50

2. FCF Yield -0.61% = -0.31

3. FCF Margin -2.66% = -1.00

4. Debt/Equity 4.85 = -2.49

5. Debt/Ebitda 24.22 = -2.50

6. ROIC - WACC (= -1.57)% = -1.97

7. RoE 21.43% = 1.79

8. Rev. Trend -24.51% = -1.84

9. EPS Trend 46.30% = 2.32

What is the price of ITUB shares?

As of November 11, 2025, the stock is trading at USD 7.63 with a total of 13,846,600 shares traded.
Over the past week, the price has changed by +2.18%, over one month by +12.91%, over three months by +12.50% and over the past year by +49.82%.

Is Itau Unibanco Banco Holding a good stock to buy?

No, based on ValueRay´s Fundamental Analyses, Itau Unibanco Banco Holding (NYSE:ITUB) is currently (November 2025) a stock to sell. It has a ValueRay Fundamental Rating of 41.51 and therefor a negative outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of ITUB is around 9.63 USD . This means that ITUB is currently undervalued and has a potential upside of +26.21% (Margin of Safety).

Is ITUB a buy, sell or hold?

Itau Unibanco Banco Holding has received a consensus analysts rating of 4.17. Therefore, it is recommended to buy ITUB.

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	-1.2%
Analysts Target Price	7.5	-1.2%
ValueRay Target Price	10.4	36.6%

ITUB Fundamental Data Overview November 11, 2025

Market Cap BRL = 401.87b (75.95b USD * 5.2912 USD.BRL)
P/E Trailing = 9.9605
P/E Forward = 7.9745
P/S = 0.5611
P/B = 1.958
P/EG = 1.0775
Beta = 0.144
Revenue TTM = 315.91b BRL
EBIT TTM = 35.62b BRL
EBITDA TTM = 40.06b BRL
Long Term Debt = 277.99b BRL (from longTermDebt, last fiscal year)
Short Term Debt = 623.96b BRL (from shortTermDebt, last fiscal year)
Debt = 1004.47b BRL (from shortLongTermDebtTotal, last quarter)
Net Debt = 970.10b BRL (from netDebt column, last quarter)
Enterprise Value = 1371.98b BRL (401.87b + Debt 1004.47b - CCE 34.37b)
Interest Coverage Ratio = 0.22 (Ebit TTM 35.62b / Interest Expense TTM 164.17b)
FCF Yield = -0.61% (FCF TTM -8.40b / Enterprise Value 1371.98b)
FCF Margin = -2.66% (FCF TTM -8.40b / 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 = 0.46 (Enterprise Value 1371.98b / Total Assets 2996.46b)
Interest Expense / Debt = 6.31% (Interest Expense 63.40b / Debt 1004.47b)
Taxrate = 28.86% (4.94b / 17.12b)
NOPAT = 25.34b (EBIT 35.62b * (1 - 28.86%))
Current Ratio = 0.44 (Total Current Assets 746.18b / Total Current Liabilities 1697.88b)
Debt / Equity = 4.85 (Debt 1004.47b / totalStockholderEquity, last quarter 207.16b)
Debt / EBITDA = 24.22 (Net Debt 970.10b / EBITDA 40.06b)
Debt / FCF = -115.5 (out of range, set to none) (Net Debt 970.10b / FCF TTM -8.40b)
Total Stockholder Equity = 206.99b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.48% (Net Income 44.35b / Total Assets 2996.46b)
RoE = 21.43% (Net Income TTM 44.35b / Total Stockholder Equity 206.99b)
RoCE = 7.35% (EBIT 35.62b / Capital Employed (Equity 206.99b + L.T.Debt 277.99b))
RoIC = 3.51% (NOPAT 25.34b / Invested Capital 722.68b)
WACC = 5.08% (E(401.87b)/V(1406.35b) * Re(6.55%) + D(1004.47b)/V(1406.35b) * Rd(6.31%) * (1-Tc(0.29)))
Discount Rate = 6.55% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 33.33 | Cagr: 4.47%
Fair Price DCF = unknown (Cash Flow -8.40b)
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

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Fund Manager Positions: Dataroma | Stockcircle