Itau Unibanco Banco Holding ( (ITUB) ) has released its Q3 earnings. Here is a breakdown of the information Itau Unibanco Banco Holding presented to its investors.
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Itau Unibanco Banco Holding is a leading financial institution in Brazil, primarily engaged in providing a wide range of banking services, including retail banking, corporate banking, and insurance services. The company operates in the financial sector and is known for its extensive network and strong market presence in Latin America.
In the third quarter of 2025, Itau Unibanco reported a recurring managerial result of R$11.9 billion, marking a 3.2% increase from the previous quarter. The company’s recurring managerial return on equity remained steady at 23.3% on a consolidated basis and 24.2% in Brazil, reflecting robust financial performance.
Key financial highlights include a 0.9% increase in the consolidated loan portfolio, with notable growth in mortgage loans and credit card loans. The financial margin with clients grew by 0.5%, while commissions and fees, along with insurance operations, saw a 4.0% increase. Non-interest expenses rose by 4.0%, influenced by a collective wage labor agreement and strategic investments in technology.
The company’s credit quality remained stable, with nonperforming loans over 90 days overdue holding at 1.9%. The cost of credit saw a slight increase of 0.6% compared to the previous quarter, aligning with the growth in the credit portfolio.
Looking ahead, Itau Unibanco’s management remains optimistic about maintaining its strong financial performance, supported by strategic investments and a focus on enhancing customer engagement and operational efficiency.