|Bid||29.62 x 0|
|Ask||29.75 x 0|
|Day's Range||29.40 - 29.76|
|52 Week Range||24.36 - 33.47|
|Beta (3Y Monthly)||1.22|
|PE Ratio (TTM)||11.13|
|Earnings Date||Nov 4, 2019|
|Forward Dividend & Yield||1.19 (3.99%)|
|1y Target Est||N/A|
SÃO PAULO, Oct. 17, 2019 /PRNewswire/ -- ltaú Unibanco Holding S.A. (B3: ITUB4 and ITUB3 and NYSE: ITUB) informs that it will disclose its quarterly results on the lnvestor Relations website on November ...
The 700+ hedge funds and famous money managers tracked by Insider Monkey have already compiled and submitted their 13F filings for the second quarter, which unveil their equity positions as of June 28. We went through these filings, fixed typos and other more significant errors and identified the changes in hedge fund portfolios. Our extensive […]
Brazil’s largest private lender, Itau Unibanco Holding SA is keeping costs under control to compete with financial technology companies, executives told investors in a conference on Tuesday. The bank's Chief Financial Officer Milton Maluhy said adherence to an employee buyout program, for which 7,000 employees are eligible, was higher than expected, without giving a precise figure. Itau Co-Chairman Roberto Setubal said the bank is prepared to adapt to stronger competition from financial technology companies, or fintechs.
Brazilian lender Itau Unibanco Holding SA is shifting its payment services strategy to focus on its most profitable segments, a senior executive told Reuters, as competition in the card processing business has weighed on fees. "We don't want to focus on card processing for our larger clients.
SÃO PAULO, July 29, 2019 /PRNewswire/ -- ITAÚ UNIBANCO HOLDING S.A. announces to its stockholders that the Board of Directors, which met on July 29, 2019 , approved the payment, on August 23, 2019 , of ...
Disclosure of results for the second quarter and first half of 2019, according to International Financial Reporting Standards - IFRS SAO PAULO , July 29, 2019 /PRNewswire/ -- We present below the differences ...
Announcement to the Market SÃO PAULO, July 29, 2019 /PRNewswire/ -- Itaú Unibanco Holding S.A. ("Company") announces to its shareholders and the market at large that the Complete Financial Statements ...
Recent IPO stock StoneCo, which is backed by Warren Buffett, surged Tuesday after posting strong preliminary results and announcing a new partnership.
Shares in Banco Inter SA surged more than 20% on Tuesday as the Brazilian online lender raised 1.25 billion reais ($329.73 million) in an offering largely sold to Japan's SoftBank Group Corp, boosting pressure on traditional banks. Shares in Brazil's largest lenders, such as Itau Unibanco Holding SA and Banco Bradesco SA, were down more than 1% in the morning trading, in a move some traders linked to investors migrating to Banco Inter. "There is a fear among investors that fintechs will take on traditional banks and reduce their net interest income margins," said Guilherme Foureaux, a portfolio manager at Paineiras Investimentos.
Brazil's largest lender, Itaú Unibanco Holding SA, said on Monday it has closed nearly 200 brick-and-mortar branches and was launching a voluntary severance program to slash costs amid rising competition. Itau said in a securities filing that it will offer buyouts to some employees aiming to "adjust the company’s structures to the reality of the market," but did not disclose the number of reductions targeted. In May, Itaú said it would tighten its belt to compensate for fiercer competition, especially in the card-processing business.
Backed by investors such as China's Fosun International Ltd and private equity firms General Atlantic LLC, Advent International and Warburg Pincus LLC, the newcomers have already lured more than 10% of the 2.98 trillion reais ($736 billion) invested by Brazilians in local mutual funds, stocks and bonds.
Brazilian restaurant operator International Meal Company Alimentacao SA has reached an agreement to merge with the master franchiser of Pizza Hut and KFC in Brazil as the companies seek cost savings in logistics and procurement. According to a securities filing on Friday, the Martins Family, which controls the master franchiser MultiQSR, will receive some 29.3 million common shares issued by IMC and hold a 15% stake in that company. MultiQSR operates 187 units of Pizza Hut and 62 units of KFC in Brazil as proprietary and sub-franchised restaurants.