ITUB - Itaú Unibanco Holding S.A.
| Previous Close | 8.85 |
| Open | 8.73 |
| Bid | 8.69 x 21500 |
| Ask | 8.70 x 43500 |
| Day's Range | 8.60 - 8.76 |
| 52 Week Range | 6.57 - 10.80 |
| Volume | 21,172,930 |
| Avg. Volume | 19,900,580 |
| Market Cap | 78.297B |
| Beta (3Y Monthly) | 0.06 |
| PE Ratio (TTM) | 13.63 |
| EPS (TTM) | 0.64 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.05 (0.52%) |
| Ex-Dividend Date | 2019-05-02 |
| 1y Target Est | 9.85 |
- Reuters•11 days ago
Brazil jeweler Vivara hires advisors for initial public offering -sources
Brazilian jeweler Vivara has hired advisors for an initial public offering, two sources with knowledge of the matter said on Thursday. The sources, who requested anonymity due to the private nature of the talks, said Vivara has hired the investment banking units of Bank of America Corp and Itau Unibanco Holding SA to manage the transaction, as well as broker XP Investimentos. Vivara aims to use the proceeds to expand its stores network.
- Reuters•11 days ago
Brazil software producer Linx launches $250 mln share offering
- Reuters•13 days ago
UPDATE 1-Braskem deal failure, dividend freeze complicate Brazil's Odebrecht restructuring -sources
Odebrecht SA's failure to sell its controlling stake in petrochemical company Braskem SA to LyondellBasell Industries NV and lack of cash are complicating the task of restructuring 80 billion reais ($20.67 billion) in debt owed by the corruption-ensnared conglomerate, three sources with knowledge of the matter said. The conglomerate was counting on Braskem dividends to service its debt. LyondellBasell said on Tuesday it ended talks with Odebrecht SA to buy Braskem "after careful consideration" but did not elaborate further.
- PR Newswire•18 days ago
Material Fact: Stock Buyback Program Renewal
The buybacks will be carried out on a stock exchange in the period from May 31, 2019 November 30, 2020, at market value, and intermediated by Itaú Corretora de Valores S.A., headquartered at Av. The information contained in Attachment 30-XXXVI to Instruction CVM No. 480, on the new stock buyback program are detailed in Attachment I.
Bloomberg•19 days agoInvestors Want Latin America Debt. Companies Aren't Selling
It’s shaping up to be a meager year for issuance in the region, with Itau Unibanco Holding SA forecasting $65 billion to $75 billion of new dollar debt sales. Latin America’s economic output is expected to grow just 1.4% this year, held back by slowdowns in Brazil and Mexico, a never ending crisis in Argentina and Venezuela’s collapse.
- Moody's•25 days ago
Banco Itau Argentina S.A. -- Moody's affirms Itau Argentina's ratings; outlook stable
In addition, Moody's affirmed BIA's ba3 adjusted baseline credit assessment and Ba3(cr) long-term counterparty risk assessment (CRA). At the same time, the global and national scale long-term foreign currency deposit ratings of B3 and Baa1.ar, the Not Prime global scale short-term deposit rating, and the NP(cr) short-term counterparty risk assessment (CRA) were all affirmed. The ratings have a stable outlook.
- Zacks•last month
Should Value Investors Pick Itau Unibanco (ITUB) Stock Now?
Let's see if Itau Unibanco Holding S.A. (ITUB) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.
- Zacks•last month
Mitsubishi UFJ (MUFG) Stock Down 1.3% as FY18 Earnings Fall
Mitsubishi UFJ (MUFG) reports decline in earnings for the fiscal 2018 (Mar 31, 2019) on account of lower net interest income and net trading profits.
- Zacks•last month
Itau Unibanco of Brazil to Shut Down 400 Branches
Itau Unibanco (ITUB) intends to close 400 branches as more number of financial transactions are shifting to digital platforms.
- Investor's Business Daily•last month
Top Payment Stock PagSeguro Misses After StoneCo Earnings Surge
PagSeguro missed Q1 estimates after the close Tuesday, a day after rival Brazilian payments stock StoneCo reported steep increases in earnings and revenue
- Reuters•last month
Brazil's Itaú plans to close 400 branches in two years -sources
Brazil's largest private lender, Itaú Unibanco Holding SA, plans to close 400 branches in the country over the next two years, two sources with knowledge of the matter said. Itaú's move comes as an increasing volume of financial transactions migrates to digital platforms. The bank had by the end of March 195 digital branches that could absorb some of the employees who will be laid off with the closure of branches.
- Reuters•last month
Brazil's Itau Unibanco to launch new payments app using QR code
Brazil's largest private-sector lender, Itaú Unibanco Holding SA, will launch an instant payments platform by the third quarter that uses QR codes, adding fuel to the fierce competition among card processors. Itaú's new platform, called Iti, will work through an app connecting individuals and merchants and will be available to both clients and nonclients of the bank, it said on Monday. Merchants using Iti will pay a fee of 1% per transaction and will receive payments instantly - cheaper than fees currently charged by many card processors.
- Motley Fool•last month
Why Buffett-Owned StoneCo Stock Plunged 30% in April
The Brazilian financial technology stock got walloped by investors' fears of more formidable competition.
- Reuters•last month
Itaú Unibanco sees competition among card processors unlikely to cool down
The CEO of Brazil's largest private-sector lender Itaú Unibanco Holding SA said on Friday there is no sign that the fierce competition among card processors in the country will cool down. Chief Executive Candido Bracher said the bank reduced its 2019 targets for fee income and financial margins with clients after its card processor Rede decided to stop charging interest rates to advance payments for merchants who use its machines and pay them in two days instead of the usual 30-day period. Bracher said, however, the cut in operating expenses is related to Brazil's slower-than-expected economic recovery and will affect all Itaú's areas.
- Zacks•last month
Itau Unibanco (ITUB) Q1 Earnings Impress on Stellar Revenues
Itau Unibanco's (ITUB) first-quarter 2019 earnings highlight higher revenues, partly muted by elevated expenses and provisions.
- PR Newswire•last month
Itaú Unibanco Holding S.A. - Announcement to the Market - IFRS - Results for the 1st Quarter of 2019
Disclosure of results for the first quarter of 2019, according to International Financial Reporting Standards - IFRS SAO PAULO , May 2, 2019 /PRNewswire/ -- We present below the differences between our ...
- PR Newswire•last month
Itaú Unibanco Holding S.A. - Material Fact: 2019 Revised Projections
SÃO PAULO, May 2 , 2019 /PRNewswire/ -- In compliance with the provisions of Article 157, Paragraph 4, of Law No. 6,404/76 and the Brazilian Exchange Commission (CVM) Instruction No. 358/02, Itaú Unibanco ...
- PR Newswire•last month
Itaú Unibanco Holding S.A. - Results for the 1st quarter of 2019
Announcement to the Market SAO PAULO , May 2, 2019 /PRNewswire/ -- Itaú Unibanco Holding S.A. ("Company") announces to its shareholders and the market at large that the Complete Financial Statements ...
- Reuters•2 months ago
Brazil's Itau Unibanco cuts estimates as competition grows
Brazil's largest private-sector lender Itau Unibanco Holding SA posted a higher first-quarter recurring profit on Thursday, but set lower targets for gains with clients in 2019, indicating it sees fiercer competition for consumers. Itau revised its 2019 guidance nearly three months after releasing its estimates, as competition sharply rose among credit card processors. Itau owns Rede, and has decided to stop charging interest rates to advance payments for merchants using its machines.
- Reuters•2 months ago
Brazil's Itau Unibanco meets estimates for Q1 profit
Brazil's largest private-sector lender Itau Unibanco Holding SA posted a first-quarter recurring profit of 6.87 billion reais on Thursday, up 7.1 percent from the same period one year earlier. Itau's recurring ...
- PR Newswire•2 months ago
Itaú Unibanco - Conference Call Invitation
Results for the 1st Quarter of 2019 Disclosure: May 02, 2019Teleconferences: May 03, 2019 SAO PAULO , May 2, 2019 /PRNewswire/ -- Itaú Unibanco Holding S.A. (B3: ITUB4 and ITUB3 and NYSE: ITUB) informs ...
- Zacks•2 months ago
Deutsche (DB) Q1 Earnings Improve Y/Y on Lower Expenses
Deutsche Bank's (DB) Q1 earnings reflect benefits from cost-saving efforts, growth in loans and deposits and a recovery in assets under management.
- Moody's•2 months ago
Banco Itau Argentina S.A. -- Moody's announces completion of a periodic review of ratings of Banco Itau Argentina S.A.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Banco Itau Argentina S.A. New York, April 25, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Banco Itau Argentina S.A. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
