ITUB - Itaú Unibanco Holding S.A.

NYSE - NYSE Delayed Price. Currency in USD
8.68
+0.07 (+0.81%)
At close: 4:01PM EDT
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Previous Close8.61
Open8.64
Bid0.00 x 1000
Ask0.00 x 40000
Day's Range8.63 - 8.85
52 Week Range6.57 - 10.80
Volume18,038,498
Avg. Volume19,301,811
Market Cap78.44B
Beta (3Y Monthly)0.60
PE Ratio (TTM)13.56
EPS (TTM)0.64
Earnings DateN/A
Forward Dividend & Yield0.52 (6.01%)
Ex-Dividend Date2019-04-01
1y Target Est10.00
Trade prices are not sourced from all markets
  • GGAL vs. ITUB: Which Stock Is the Better Value Option?
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    GGAL vs. ITUB: Which Stock Is the Better Value Option?

    GGAL vs. ITUB: Which Stock Is the Better Value Option?

  • Deutsche Bank to Set Up Asset Reconstruction Unit in India
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    Deutsche Bank to Set Up Asset Reconstruction Unit in India

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  • Deutsche Confirms Merger Talks, DWS Spikes Allianz's Interest
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  • Foreign Banks Industry's Near-Term Prospects Look Bright
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    Foreign Banks Industry's Near-Term Prospects Look Bright

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  • Reuters13 days ago

    Brazil's Eneva hires Citi, BTG, Itaú, Santander to manage follow-on

    Brazilian power generator Eneva SA has hired the investment banking units of Citigroup , Itaú Unibanco Holding SA, Banco BTG Pactual SA and Banco Santander Brasil SA to manage a secondary share offering, ...

  • Deutsche & Commerzbank Start Potential Merger Discussions
    Zacks15 days ago

    Deutsche & Commerzbank Start Potential Merger Discussions

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  • Scotia Bank's (BNS) Q1 Earnings Disappoint, Costs Flare Up
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  • Reuterslast month

    Petrobras hires Santander to revive LPG unit sale - sources

    Brazil's state-controlled oil company Petroleo Brasileiro SA has hired the investment banking unit of Banco Santander Brasil SA to revive efforts to sell its liquefied petroleum gas (LPG) distribution unit, four sources with knowledge of the matter said on Tuesday. Petrobras, Santander and Itau did not immediately comment. Petrobras, as the company is known, had agreed in 2016 to sell Liquigas Distribuidora SA to local rival Ultrapar Participações SA in a process managed by the investment banking unit of Itau Unibanco Holding SA.

  • Reuterslast month

    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.

  • UBS Group to Restructure Pay for Corporate Center Staff
    Zackslast month

    UBS Group to Restructure Pay for Corporate Center Staff

    UBS Group (UBS) seeks to move away from variable bonuses to a system that prioritizes transparency and eliminates cases of weak group performance.

  • Reuters2 months 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 StreetEvents2 months 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

  • UBS Gets Court Approval to Move Euro 32B of Assets From UK
    Zacks2 months ago

    UBS Gets Court Approval to Move Euro 32B of Assets From UK

    Before the U.K. unit is dissolved, some of UBS Group's (UBS) operations in cash equities, rates and credit and exchange-traded derivatives will be transferred to its London branch

  • Deutsche Bank Might Reduce Bonus if Revenues Fail to Grow
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    Deutsche Bank Might Reduce Bonus if Revenues Fail to Grow

    Bonus cuts could be an option for Deutsche Bank (DB) to achieve cost cutting targets if market conditions prevent revenue growth.

  • Banco Itau (ITUB) Upgraded to Strong Buy: Here's Why
    Zacks2 months ago

    Banco Itau (ITUB) Upgraded to Strong Buy: Here's Why

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  • 4 Brazilian Stocks to Buy as the Emerging Market Pauses
    InvestorPlace2 months ago

    4 Brazilian Stocks to Buy as the Emerging Market Pauses

    Yesterday, JPMorgan released a report that said Brazilian stocks are due for a "healthy pause" after a huge rally following the election of it's new pro-business President Jair Bolsonaro. Brazilian stocks have gain 18% since the first round of the elections, and JPMorgan sees it going up as much as 28% more. With the global economy still grinding forward, investors looking at emerging market stocks have plenty to like about Brazil. And now, with prices about to "pause", it might be a great time to buy Brazilian stocks. Overall, the market is trading for a dirt-cheap P/E of just 12. * 5 of the Best Biotech Stocks to Buy Now With that, here are for Brazilian stocks to buy today. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Felix Carmona via Flickr (Modified) ### CPFL Energeia S.A. (CPL) One of the best ways to avoid any possible volatility is by investing in "safer" sectors of the market -- sectors that provide plenty of cash flows and dividends. One of the best happens to be utility stocks. Well, this theory works the same when it comes to emerging market stocks. For investors looking at Brazilian stocks specifically, that means top utility CPFL Energia S.A. (NYSE:CPL). CPL is one of Brazil's largest electric companies and has assets that span more than 679 municipalities to more than 9.5 million customers. This includes key states like Brazilian economic powerhouse of Sao Paulo. And this is a good position to be in as it's allowed CPL to pull in some pretty steady and hefty revenues. During its latest reported quarter, CPL managed to see a nice 4% jump in its revenues. Meanwhile, its net income managed to see a big 60% year-over-year increase. That's not too shabby at all and is representative of its continued debt reduction program and stability of Brazilian currency/economy. Like many U.S. utilities, CPL has undergone some initiatives to boost margins further. The Brazilian utility has added plenty of renewable generation assets as well as begun the initial steps to add smart-meters/grid operations to its core areas. All in all, this should help drive profits higher. And CFL hasn't been scared to share those profits either. The firm has a long history of paying dividends. Today, shares yield 1.7%. Source: Shutterstock ### Arcos Dorados Holding (ARCO) McDonald's (NYSE:MCD) is a global institution and one of the top 10 brands in the world. And while you certainly could buy MCD stock, a better bet could be Brazilian-based emerging market stock Arcos Dorados (NYSE:ARCO). Arcos Dorados -- which means Golden Arches -- is the world's largest McDonald's franchisee in terms of system-wide sales and number of restaurants. This includes over 2,100 restaurants in Latin America and the Caribbean. Brazil is top on that list with 910 stores. But ARCO owns Big Mac shacks in Mexico, Peru, and even French Guyana. This dominance has made ARCO a revenue machine. Last quarter, consolidated revenue jumped by 8.3%, on a constant currency basis, while net income increased by over 68%. One of the big drivers of that was results from Brazil. Thanks to the economy beginning to even out and inflation are tamed, ARCO's managed to see a huge jump to its earnings. Those stores in Brazil managed to realize an adjusted EBITDA increase of 37% year-over-year. And when looking at a constant currency basis, that number spikes to a 73% year-over-year gain. These results show that as the Brazilian economy has improved, ARCO's has directly benefited. It should continue to benefit as well. * 7 Stocks That Won Super Bowl Sunday As for shares itself, ARCO trades at forward P/E of 21. While that's not super cheap, it could still be a bargain as Brazil's growth is only getting restarted. Source: Shutterstock ### Itau Unibanco Holding SA (ITUB) For investors looking to snag-up emerging market stocks, financial institutions and banks are often some of the best places to go shopping. In Brazilian stocks, that's no different. In fact, Brazil is home to one of the largest banks in the southern hemisphere: Itau Unibanco Holding SA (NYSE:ITUB). ITUB was created through the merger of banking giants Banco Itau and Unibanco back in 2008. Since then, the firm has continued to grow through an aggressive, yet smart, acquisition strategy. This included snagging several Lat Am units from Citigroup (NYSE:C) as well as other regional banks in Brazil and Latin America. These buyouts have made ITUB one of the largest banks in the world and it currently controls about 11% of Brazil's retail banking market. The firm also owns the second largest Brazilian card payment company, Rede. This makes Itau Unibanco a prime play on the growing consumer base in the nation. Meanwhile, the bank is very conservatively run and features a solid balance sheet. Recent higher revenues and lower loan provisions underscore Brazil's recent economic strength -- as does ITUB's small monthly dividend and its continued stock dividend bonuses. ### iShares MSCI Brazil ETF (EWZ) For some investors, buying individual emerging market stocks -- even those from a top market like Brazil -- is a bit daunting. There is still plenty of risks. Perhaps the best way to own the potential of Brazilian stocks is through an ETF that holds a bunch of different firms. The still reigning champion is the iShares MSCI Brazil ETF (NYSEARCA:EWZ). The $9 billion ETF tracks the MSCI Brazil 25/50 Index. This measure holds a collection of large- and mid-cap emerging market stocks domiciled in the nation. The ETF's 57 holdings read like a who's who of top Brazilian names and include all of the stocks on this list. This provides plenty of diversification benefits and allows investors to easily tap into the nation's long-term potential. And Brazil does have plenty of potential. But just be aware that the ETF is pretty volatile. EWZ's average annual year-to-date, one-, five- and 10-year returns have clocked in at -1.79%, 25.20%, -0.30%, and 4.15% respectively. Since the fund's inception in 2000, the ETF has managed to produce an average annual 6.51% return. As you can see, the ride has been bumpy. * 10 F-Rated Stocks That Could Break Your Portfolio But the ETF is still the best way to play both the short and long-term trade in Brazil. With an expense ratio of 0.59% -- or $59 per $10,000 invested -- it's a cheap option as well. Disclosure: At the time of writing, Aaron Levitt did not hold a position in any stock mentioned. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 F-Rated Stocks That Could Break Your Portfolio * 5 Fintech Stocks to Buy As This Mega Trend Gains Steam * 10 Cold Weather Stocks to Heat Up Your Returns Compare Brokers The post 4 Brazilian Stocks to Buy as the Emerging Market Pauses appeared first on InvestorPlace.

  • Reuters2 months 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.

  • The Zacks Analyst Blog Highlights: UnitedHealth, Banco Bradesco, Itau, Banco Santander and Rio
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    The Zacks Analyst Blog Highlights: UnitedHealth, Banco Bradesco, Itau, Banco Santander and Rio

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  • Reuters2 months 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.

  • Reuters2 months 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 ...

  • Mitsubishi UFJ's (MUFG) Q3 Earnings Report Shows Improvement
    Zacks2 months ago

    Mitsubishi UFJ's (MUFG) Q3 Earnings Report Shows Improvement

    Mitsubishi UFJ (MUFG) reports decent earnings for the first nine months of fiscal 2018 (Dec 31, 2018), driven by higher net interest income and net trading profits.

  • Itau Unibanco (ITUB) Q4 Earnings Improve on Higher Revenues
    Zacks2 months ago

    Itau Unibanco (ITUB) Q4 Earnings Improve on Higher Revenues

    Itau Unibanco's (ITUB) fourth-quarter 2018 earnings highlight lower provisions and improved managerial financial margin, partly muted by elevated expenses.

  • PR Newswire2 months ago

    Itaú Unibanco Holding S.A. - Announcement to the Market - IFRS - Results for the 4th Quarter of 2018

    Disclosure of results for the fourth quarter and from January to December of 2018, according to International Financial Reporting Standards - IFRS SÃO PAULO, Feb. 4, 2019 /PRNewswire/ -- We present below ...

  • PR Newswire2 months ago

    ITAÚ UNIBANCO HOLDING S.A. - Material Fact: Projections 2019

    SÃO PAULO, Feb. 4, 2019 /PRNewswire/ -- Itaú Unibanco Holding S.A. ("Company" or "Itaú Unibanco"), in compliance with Article 157, Paragraph 4 of Law 6,404/76 and Instruction no. 358/02 ...