ITUB3.SA - Itaú Unibanco Holding S.A.
| Previous Close | 32.69 |
| Open | 32.69 |
| Bid | 32.00 x 0 |
| Ask | 32.72 x 0 |
| Day's Range | 32.20 - 32.72 |
| 52 Week Range | 22.33 - 33.47 |
| Volume | 414,600 |
| Avg. Volume | 381,544 |
| Market Cap | 341.962B |
| Beta (3Y Monthly) | 1.14 |
| PE Ratio (TTM) | 12.80 |
| EPS (TTM) | 2.55 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.91 (2.80%) |
| Ex-Dividend Date | 2019-02-22 |
| 1y Target Est | N/A |
- Reuters•5 days ago
EMERGING MARKETS-Strong dollar pressures Latam currencies
Brazil's real fell 0.2 percent, declining for the seventh consecutive session. Much anticipated pension reforms in Brazil have been on hold as Brazilian President Jair Bolsonaro recovers from a surgery. You Na Park, analyst at Commerzbank said risks for the real remain elevated.
- Reuters•8 days ago
EMERGING MARKETS-Latam FX strengthens, Brazil shares buck global gloom
Chile's peso rose 0.4 percent and led gains among regional currencies, while the Colombian peso tracked oil prices higher. Christian Lawrence, a senior market strategist at Rabobank, attributed the day's currency moves to a bit of squaring up of positions heading into the weekend. Brazil's real was down slightly after gaining earlier in the session, while the Mexican peso was up 0.2 percent, extending gains from the previous session when it rose after the country's central bank held the benchmark borrowing rate steady.
- Thomson Reuters StreetEvents•8 days ago
Edited Transcript of ITUB4.SA earnings conference call or presentation 5-Feb-19 1:00pm GMT
Q4 2018 Itau Unibanco Holding SA Earnings Call
Bloomberg•10 days agoThis Upstart Brokerage Inspired by Charles Schwab Is Changing the Way Brazil Invests
Then, three years ago, he started moving almost all of it—the equivalent of about $1.5 million now—to an upstart brokerage, XP Investimentos SA. Feldberg, who owns a construction company in São Paulo with his brothers, wanted a chance at fatter returns and more personalized advice. “They explained things to me better, and I felt safer following their suggestions,” says Feldberg, a 47-year-old native of Recife.
- Reuters•11 days ago
EMERGING MARKETS-Brazil stocks fall as financials drag, Mexico's peso firms
Brazil stocks retreated from all-time highs on Tuesday as shares of the country's largest private lender, Itau Unibanco Holding SA, weighed, while Mexico's peso was on course for its best day in two weeks. Bucking a rise in broader emerging markets and global stocks, Brazil's Bovespa stock index slipped 0.4 percent as shares of Itau Unibanco fell 2.8 percent after its loan growth guidance disappointed analysts. Brazilian food processor BRF SA rose after it announced the appointment of former Petrobras Chief Executive Ivan Monteiro as its new chief financial officer.
- Reuters•11 days ago
Brazil's Itaú Unibanco shares drop as bank sets tepid targets
Brazil's largest private lender Itaú Unibanco Holding SA set weaker-than-expected targets for 2019 on Tuesday, sending preferred shares down 2.9 percent in early trading, even as profitability was expected to improve. Itaú forecast loan book growth of 8 to 11 percent in 2019, better than 6.1 percent expansion last year, but lower compared with competitors' goals, according to analysts. Last week, Banco Bradesco SA said its loan book will grow up to 13 percent in 2019.
- Reuters•11 days ago
Brazil's Itau sees riskier loan book growth -CEO
Brazilian bank Itau Unibanco Holding SA's loan book is expected to grow along riskier lines of credit, although the company's fundamental risk appetite remains unchanged, Chief Executive Candido Bracher ...
- Reuters•11 days ago
Brazil's Itaú Unibanco increases payout ratio to 89.2 pct
Brazil's Itaú Unibanco Holding SA increased its payout ratio to shareholders for the second year in a row as the country´s largest private lender reported earnings that hit analysts' estimates. The company's total payout ratio, which combines dividends and share buybacks, totaled 89.2 percent of the bank’s profit, up from 83 percent in 2017. Chief Executive Candido Bracher set a new policy a year ago calling for the bank to return capital to shareholders whenever its tier 1 capital ratio exceeds 13.5 percent.
- Reuters•11 days ago
Brazil's Itaú Unibanco hits Q4 profit estimates as loan-loss expenses fall
Brazil's largest private lender Itaú Unibanco Holding SA roughly hit analysts' consensus estimate for fourth quarter profit on Monday, as loan-loss expenses declined. Itau's recurring net income rose 3.1 ...
- PR Newswire•12 days ago
Itaú Unibanco - Conference Call Invitation
February 5, 2019 SAO PAULO , Feb. 4, 2019 /PRNewswire/ -- ltaú Unibanco Holding S.A. (B3: ITUB4 and ITUB3 and NYSE: ITUB) is pleased to invite you to join our 4th quarter 2018 result conference call. ...
- Reuters•16 days ago
Glencore nears $500 million deal to buy iron ore from Brazil's CSN - sources
Global trader Glencore is close to finalising a deal to make a $500 million payment to the mining arm of Brazil's Companhia Siderurgica Nacional (CSN) for iron ore cargoes to be delivered over five years, sources familiar with the matter said. One source said Glencore would sign the deal no later than the first quarter. The Brazilian steelmaker is aiming to reduce debts that piled up after an iron ore and steel price rout in 2015-2016 and a severe recession in Brazil, prompting investors to demand asset sales.
- Reuters•24 days ago
Brazil's BTG seeks probe of XP for anti-competitive practices
Brazilian investment bank Banco BTG Pactual SA filed a complaint with the country's antitrust watchdog, Cade, accusing rival securities company XP Investimentos SA of anticompetitive practices and asking for an investigation, according to documents seen by Reuters. In the complaint, filed on Tuesday, BTG said XP is not complying with an agreement it signed with Cade last year as a condition of the sale of a 30 percent stake in itself to Brazil's largest private lender, Itaú Unibanco Holding SA .
- Reuters•24 days ago
Banco BTG Pactual asks regulator to probe XP over anti-competitive practices
Brazilian investment bank Banco BTG Pactual SA filed a complaint on Tuesday against securities firm XP Investimentos SA with the country's antitrust watchdog Cade accusing XP of anticompetitive practices and asking for an investigation, according to documents seen by Reuters. In the complaint, BTG alleged XP is not complying with an agreement it signed with Cade last year to allow Brazil's largest private lender, Itaú Unibanco Holding SA, to buy a 30 percent stake in XP.
- Reuters•last month
FOCUS-How Santander's Brazil unit is driving growth with car loans
At BM Multimarcas, a used-car dealer on the outskirts of Sao Paulo, owner Santel de Abreu Bernardo can show you jalopies that most big banks would not touch. It has grabbed 25 percent of the market for car loans in Latin America's largest country, in part by extending credit to borrowers shunned by other mainstream banks. There are risks to Santander's strategy, as any used-car veteran will tell you.
- Reuters•last month
Focus: How Santander's Brazil unit is driving growth with car loans
At BM Multimarcas, a used-car dealer on the outskirts of Sao Paulo, owner Santel de Abreu Bernardo can show you jalopies that most big banks would not touch. It has grabbed 25 percent of the market for car loans in Latin America's largest country, in part by extending credit to borrowers shunned by other mainstream banks. There are risks to Santander's strategy, as any used-car veteran will tell you.
- Reuters•2 months ago
Brazil's Itaú to invest $155 mln in power company
Brazil's largest private lender, Itaú Unibanco Holding SA, will invest 600 million reais in a power company controlled by Energisa SA, according to a securities filing on Friday. Itaú will hold a 12.3 ...
- Insider Monkey•2 months ago
Here is What Hedge Funds Think About Itau Unibanco Holding SA (ITUB)
Investing in small cap stocks has historically been a way to outperform the market, as small cap companies typically grow faster on average than the blue chips. That outperformance comes with a price, however, as there are occasional periods of higher volatility. The one and a half month time period since the end of the […]
- Reuters•2 months ago
Itau exec rules out new M&A until Colombia business consolidated
The consolidation of Itaú Corpbanca's operations in Colombia will take another year, a high-ranking executive at the Chile-based bank's Brazilian owner Itaú Unibanco Holding SA said on Monday. Any new acquisition in Latin America is off the table until that process is over, said Eduardo Vassimon, chief executive of Itaú Unibanco's wholesale banking unit Banco Itaú BBA.
- Reuters•2 months ago
Itau's Vassimon says no new acquisitions until Colombia business consolidated
The "consolidation" of bank Itaú Corpbanca's operations in Colombia will still take another year, a high-ranking executive said on Monday. Any new acquisition in Latin America are off the table ...
- Reuters•2 months ago
EMERGING MARKETS-Mexico's peso rises after govt budget; Brazil stocks fall
The Mexican peso gained against a soft dollar on Monday aided by positive investor reaction to the new leftist government's debut budget, while stocks in Brazil slipped dragged by declines in shares of ...
- Reuters•2 months ago
First Blockchain loan closes in Latin America amid transparency concerns
Brazil’s Itaú Unibanco completed Latin America’s first-ever club loan through a blockchain platform this month, and while the transaction paves the way for the region’s banks to test the ledger technology, doubts linger over its transparency. Moves to ingratiate the emerging financial technology in Brazil began when the country’s central bank in 2017 started testing four blockchain platforms – Ethereum, Quorum, HyperLedger Fabric and Corda – in a bid to service a population turning towards greater cell phone usage for remittances and mobile payments. The central bank also announced in June that it built a blockchain platform to share data between itself and other domestic financial regulators such as Brazil's Securities and Exchange Commission.
- Reuters•2 months ago
Itaú and StanChart launch blockchain platform for loans in Latin America
Banks Itaú Unibanco Holding SA and Standard Chartered have partnered to develop a blockchain-based platform for small syndicated loans, both companies said on Monday in a statement. This platform is the first to go live in Latin America for so-called club loans, a kind of syndicated loan with a smaller group of lenders. It represents the latest in a series of efforts by banks to take advantage of blockchain, a shared digital record of transactions that is maintained by a network of computers rather than a centralized authority.
