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Earnings Data
Report Date
Aug 04, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.23Last Year’s EPS
0.18Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The earnings call presents a strong and consistent performance: high profitability (ROE), solid loan growth (notably payroll and guaranteed SME programs), superior delinquency metrics versus the market, record efficiency, and a resilient capital base. Offsetting factors include margin pressure from an early dividend and calendar effects, modest compression in risk-adjusted margin, seasonality/volatility in fee-related revenues, some expected increases in SME delinquency due to benefit-program mechanics, and elevated macro/geopolitical uncertainty. Overall, management emphasizes disciplined portfolio and capital management, and while near-term revenue and credit-cycle risks exist, results and metrics remain robust and largely under control.Company Guidance
Strong Quarterly Net Income
Managerial net income of BRL 12.3 billion in Q1 2026, a 10% year-over-year increase; normalized net income would have been BRL 12.7 billion if not for an early BRL 20 billion dividend distributed in Q4 2025.
High Profitability / ROE
Reported consolidated ROE of 24.8% (Brazil ROE 26.4%); when adjusted to an 11.5% capital reference, consolidated ROE ~25.8% and Brazil ROE ~27.6%, indicating very strong profitability metrics.
Loan Portfolio Growth
Total loan portfolio grew 1.2% quarter-over-quarter and 9% year-over-year excluding FX; Brazil portfolio +7.8% YoY and +0.3% q/q; average balances by segment increased (individuals +2.2% q/q, SMEs +4.6% q/q, corporate +1.6% q/q, Latin America +3.6% q/q).
Successful Product Growth — Payroll & SME Programs
Private payroll lending expanded 19% q/q and 63% YoY; government-backed SME programs grew 4% q/q and 52% YoY, supporting both volume growth and credit quality via guarantees.
Superior Delinquency Performance vs Market
Over-90-day NPLs materially below market across key products: personal loans 5.1% vs market 9.3% (–21% since Dec-2019 vs market +18%), credit cards 5.1% (~half the market), auto loans 3.5% vs market 6.2%, private payroll 4.2% vs market 7.1% — demonstrating better levels and trends than peers.
Improved SME & Large Corporate Risk Profile
Guaranteed lending share rose (total SMEs 36%→55%; micro & small 37%→70% since Dec-2019), reducing volatility; large corporate portfolio doubled since Dec-2019 while top-10 concentration fell from 20% to 15% and ~80% of corporate exposures are investment-grade internally.
Record Efficiency
Brazil efficiency ratio reached a record low of 34.9% (adjusted for early dividend would be 34.4%), with Q1 Brazil expenses down 5.6% vs Q4 and +5.2% YoY, supporting the efficiency program targets.
Solid Capital Position
Despite large Q4 dividend payout, the bank generated capital in Q1 (0.8% CET1 generation), ended the quarter with CET1 approximately 12.0% and AT1 ~1.4%, with capital generation sufficient to fund uses and RWA growth.
Positive Market and Insurance Results
Market margin delivered a positive BRL 800 million in a volatile quarter (despite a BRL 700 million hedge cost headwind), and insurance revenues grew 17% YoY; services & insurance revenues up 5.3% YoY.
ITUB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ITUB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $8.50 | $8.38 | -1.40% |
Feb 04, 2026 | $8.36 | $8.55 | +2.24% |
Nov 04, 2025 | $6.71 | $6.80 | +1.36% |
Aug 05, 2025 | $5.84 | $6.00 | +2.64% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Itau Unibanco Banco Holding (ITUB) report earnings?
Itau Unibanco Banco Holding (ITUB) is schdueled to report earning on Aug 04, 2026, TBA (Confirmed).
What is Itau Unibanco Banco Holding (ITUB) earnings time?
Itau Unibanco Banco Holding (ITUB) earnings time is at Aug 04, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ITUB EPS forecast?
ITUB EPS forecast for the fiscal quarter 2026 (Q2) is 0.23.