Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Itau Unibanco ( (ITUB) ) has provided an announcement.
On January 5, 2026, Itaú Unibanco Holding S.A. disclosed a related-party transaction involving a long-standing service agreement between its controlled entity Itaú Corretora de Seguros S.A. and Porto Seguro Atendimento Ltda., which is controlled by affiliate Porto Seguro S.A. The agreement, originally executed on February 23, 2018, covers call center services to support the sale and post-sale management of real estate and vehicle insurance products marketed by Itaú Corretora, and has reached a cumulative value of BRL 50 million, triggering mandatory disclosure under CVM Resolution 80/22. The bank’s management stated that Porto Atendimento was chosen based on its operational expertise, efficiency, and alignment with market best practices, and emphasized that the contract complies with Itaú Unibanco’s related-party transactions policy and was approved by a committee composed entirely of independent board members, aiming to assure investors and regulators that the terms are commutative and provide proper compensation without undue influence from related parties.
The most recent analyst rating on (ITUB) stock is a Hold with a $8.50 price target. To see the full list of analyst forecasts on Itau Unibanco stock, see the ITUB Stock Forecast page.
Spark’s Take on ITUB Stock
According to Spark, TipRanks’ AI Analyst, ITUB is a Neutral.
Itau Unibanco’s overall stock score is driven by strong financial performance in terms of revenue growth and profitability, despite challenges with leverage and cash flow. The technical analysis supports a positive trend, and the valuation is attractive with a reasonable P/E ratio and high dividend yield. The absence of earnings call and corporate events data limits further insights.
To see Spark’s full report on ITUB stock, click here.
More about Itau Unibanco
Itaú Unibanco Holding S.A. is a leading Brazilian financial institution that operates a broad banking and financial services conglomerate, including insurance brokerage activities through Itaú Corretora de Seguros S.A. The group partners with affiliates such as Porto Seguro S.A. to distribute and service insurance products, particularly in retail segments like real estate and vehicle insurance across the Brazilian market.
Average Trading Volume: 21,464,066
Technical Sentiment Signal: Buy
Current Market Cap: $76.48B
See more insights into ITUB stock on TipRanks’ Stock Analysis page.