Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Itau Unibanco ( (ITUB) ) has shared an announcement.
In the first quarter of 2026, Itaú Unibanco reported a recurring managerial result of R$12.3 billion, with recurring return on equity of 24.8% at the consolidated level and 26.4% in Brazil, reflecting the new managerial reclassifications and the consolidation of Avenue’s results announced for 2025 year-end. The total credit portfolio, excluding foreign-exchange effects, reached R$1.48 trillion as of March 2026, growing 9% year on year, supported by expansion in individuals, SME and corporate loans in Brazil, while maintaining a Common Equity Tier I ratio of 12% and stable non-performing loan indicators.
Non-interest expenses rose 5% quarter on quarter and 4.8% year on year to R$16.2 billion, but credit quality indicators remained contained, with over-90-day NPL ratios in Brazil and consolidated portfolios broadly stable and coverage ratios solid. Fee and insurance-related revenues showed modest growth versus a year earlier, helped by stronger insurance and asset management income, and the bank continued to manage risk by selling small portfolios of loans with low recovery probability, underscoring a prudent credit strategy that supports robust profitability and capital levels for stakeholders.
The most recent analyst rating on (ITUB) stock is a Buy with a $9.00 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 Outperform.
The score is driven primarily by solid financial performance (growth and ROE) but held back by leverage and cash-flow volatility. Technicals are supportive with a strong uptrend, though momentum looks somewhat stretched. Valuation is favorable given the moderate P/E and high dividend yield, and the latest earnings call reinforced constructive fundamentals with cautious but reasonable 2026 guidance.
To see Spark’s full report on ITUB stock, click here.
More about Itau Unibanco
Itaú Unibanco Holding S.A. is one of Brazil’s largest private-sector banking groups, offering retail and wholesale banking, credit, cards, asset management, insurance and pension products across Brazil and Latin America. The bank focuses on consumer, SME and corporate lending, maintains a leading position in mortgage and fixed-income origination among private banks, and operates with a strong capital base under Brazilian and international regulatory standards.
Average Trading Volume: 25,114,797
Technical Sentiment Signal: Strong Buy
Current Market Cap: $93.57B
See more data about ITUB stock on TipRanks’ Stock Analysis page.