Itau Unibanco Holding S.A. (ITUB) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 29, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2024, filed Apr 28, 2025. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ITUB SEC filings page.
Itau Unibanco Holding S.A. (ITUB) reported $27.2B in revenue for fiscal year 2024, down 14.9% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Scored against banks for FY2024. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed: here 4 of 6, with the others left out rather than counted as zero. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Itau Unibanco Holding S.A.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Itau Unibanco Holding S.A. earned a return on assets of 1.4% in fiscal year 2024, which is the profit it made on every dollar of assets on its books. This is up from 1.3% the prior year. Earnings ranks banks on that return over three years, and Itau Unibanco Holding S.A. scores 82/100 among other banks.
Itau Unibanco Holding S.A. reported revenue of $27.2B in fiscal year 2024, against $31.9B in fiscal year 2023. Growth ranks banks on the three-year path of their net revenue, which is interest income and fee income less the interest they pay out, and Itau Unibanco Holding S.A. scores 19/100 among other banks.
Itau Unibanco Holding S.A. funded 7.4% of its assets with shareholders' equity at the end of fiscal year 2024, holding $34.1B of equity against $461.6B of assets. Capital ranks banks on that cushion, and Itau Unibanco Holding S.A. scores 9/100 among other banks.
Not available for Itau Unibanco Holding S.A., so it is left out of the overall score, which averages the 4 of 6 dimensions that can be computed.
Not available for Itau Unibanco Holding S.A., so it is left out of the overall score, which averages the 4 of 6 dimensions that can be computed.
Itau Unibanco Holding S.A. reported net income of $6.6B in fiscal year 2024, against $6.8B in fiscal year 2023. Stability ranks banks on how steady net income has been across five years, and Itau Unibanco Holding S.A. scores 78/100 among other banks.
Itau Unibanco Holding S.A. passes 3 of 5 computable financial strength tests (4 of the nine could not be computed from available data). 3 of 4 profitability signals pass, the one computable operating efficiency signal (asset turnover improving) does not pass.
Key Financial Metrics
Earnings & Revenue
Itau Unibanco Holding S.A. generated $27.2B in revenue in fiscal year 2024. This represents a decrease of 14.9% from the prior year.
Itau Unibanco Holding S.A. reported $6.6B in net income in fiscal year 2024. This represents a decrease of 2.6% from the prior year.
Not reported for fiscal year 2024.
Not reported for fiscal year 2024.
Cash & Balance Sheet
Itau Unibanco Holding S.A. generated $846.7M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 94.4% from the prior year.
Itau Unibanco Holding S.A. held $19.0B in cash as of fiscal year 2024; no long-term debt figure is on record for that period.
Not reported for fiscal year 2024.
Margins & Returns
Itau Unibanco Holding S.A.'s net profit margin was 24.4% in fiscal year 2024, showing the share of revenue converted to profit. This is up 3.1 percentage points from the prior year.
Itau Unibanco Holding S.A.'s ROE was 19.5% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 2.0 percentage points from the prior year.
Not reported for fiscal year 2024.
Not reported for fiscal year 2024.
Capital Allocation
Itau Unibanco Holding S.A. spent $287.0M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 102.1% from the prior year.
Itau Unibanco Holding S.A. invested $296.4M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 62.3% from the prior year.
Not reported for fiscal year 2024.
ITUB Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F | FY1020-F | FY0920-F | FY0820-F | FY0720-F |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $27.2B-14.9% | $31.9B+18.7% | $26.9B+18.7% | $22.7B+17.5% | $19.3B-33.8% | $29.1B+8.5% | $26.9B-20.3% | $33.7B | N/A | N/A | $45.0B-3.4% | $46.6B+191.7% | $16.0B-26.0% | $21.6B |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $8.0B+35.4% | $5.9B+105.5% | $2.9B-6.3% | $3.1B |
| Interest Expense | $42.2M-44.2% | $75.6M-3.4% | $78.3M+44.6% | $54.2M+23.9% | $43.7M-35.2% | $67.4M | N/A | N/A | N/A | N/A | $20.9B+14.5% | $18.3B+59.6% | $11.5B+53.6% | $7.5B |
| Income Tax | -$877.7Mn/m | -$1.2Bn/m | -$1.2Bn/m | -$2.5B-231.2% | $1.9B+121.9% | $853.4M-33.4% | $1.3B-42.4% | $2.2B-47.1% | $4.2Bn/m | -$2.0B | $3.0B-41.5% | $5.1Bn/m | -$576.7M-124.7% | $2.3B |
| Net Income | $6.6B-2.6% | $6.8B+23.5% | $5.5B+15.1% | $4.8B+31.9% | $3.6B-46.1% | $6.7B+5.1% | $6.4B-8.3% | $7.0B+5.3% | $6.6B+2.3% | $6.5B | $6.7B-17.7% | $8.1B+285.6% | $2.1B-51.3% | $4.3B |
| EPS (Basic) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $1.47-21.3% | $1.87+189.5% | $0.64-50.6% | $1.30 |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $1.47-21.1% | $1.86+190.6% | $0.64-50.7% | $1.30 |
| Diluted Shares (Avg) | N/A | N/A | 4.84B+0.5% | 4.82B+0.4% | 4.80B+0.4% | 4.78B+0.5% | 4.76B+0.5% | 4.73B | N/A | N/A | 2.29B+4.4% | 2.19B+28.3% | 1.71B0.0% | 1.71B |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.
No annual filing on record for: FY2011, FY2012, FY2013, FY2014.
ITUB Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F | FY1020-F | FY0920-F | FY0820-F | FY0720-F |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $461.6B-11.9% | $524.1B+19.4% | $439.1B+18.3% | $371.2B-4.5% | $388.8B-4.6% | $407.4B+1.8% | $400.2B-7.7% | $433.6B+4.4% | $415.4B+28.8% | $322.4B | $448.9B+30.6% | $343.8B+98.1% | $173.5B | N/A |
| Cash & Equivalents | $19.0B-21.0% | $24.0B+21.8% | $19.7B+5.8% | $18.6B-8.5% | $20.4B+15.6% | $17.6B-28.5% | $24.6B-2.1% | $25.2B-14.9% | $29.5B+11.6% | $26.5B | $22.8B-39.3% | $37.6B+209.9% | $12.1B-2.9% | $12.5B |
| Goodwill | $3.9B-19.4% | $4.8B+10.1% | $4.4B+15.5% | $3.8B+13.5% | $3.3B-32.0% | $4.9B-1.5% | $5.0B+54.0% | $3.2B+8.8% | $3.0B+472.4% | $519.5M | $8.8B+4.4% | $8.4B+4516.4% | $182.9M | N/A |
| Total Liabilities | $425.8B-11.9% | $483.1B+19.1% | $405.6B+18.7% | $341.7B-4.8% | $359.0B-3.0% | $370.2B+2.5% | $361.4B-7.3% | $390.0B+4.1% | $374.7B+27.6% | $293.6B | $395.0B+33.1% | $296.7B+87.7% | $158.1B | N/A |
| Long-Term Debt | N/A | N/A | N/A | $18.6B+8.0% | $17.2B-19.0% | $21.2B+9.3% | $19.4B | N/A | N/A | N/A | $51.0B+50.6% | $33.8B+107.8% | $16.3B | N/A |
| Total Equity | $34.1B-12.9% | $39.2B+23.5% | $31.7B+15.7% | $27.4B-0.4% | $27.5B-19.2% | $34.1B-3.3% | $35.2B-11.1% | $39.7B+5.3% | $37.7B+31.3% | $28.7B | $46.1B+15.9% | $39.8B+167.4% | $14.9B | N/A |
Not reported in any period shown, so not listed: Current Assets, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Current Liabilities, Non-Current Liabilities, Retained Earnings.
No annual filing on record for: FY2011, FY2012, FY2013, FY2014.
ITUB Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F | FY1020-F | FY0920-F | FY0820-F | FY0720-F |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.1B-92.8% | $16.0B-34.9% | $24.5B+151.8% | $9.7B-15.0% | $11.5B+30.9% | $8.7B+14.2% | $7.7B+9.4% | $7.0B-36.9% | $11.1Bn/m | -$8.7B | -$22.2B-168.1% | $32.6Bn/m | -$5.5B-577.2% | $1.1B |
| Depreciation & Amortization | $1.0B-10.6% | $1.2B+28.4% | $907.3M+19.5% | $759.3M+5.7% | $718.0M-19.0% | $886.0M-3.6% | $919.2M-3.9% | $956.8M-4.2% | $998.7M+39.8% | $714.3M | N/A | N/A | N/A | N/A |
| Stock-Based Compensation | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $119.1M-66.4% | $354.7Mn/m | -$78.3M-141.1% | $190.6M |
| Capital Expenditures | $296.4M-62.3% | $786.3M+52.4% | $515.9M+103.4% | $253.6M-23.2% | $330.4M-18.1% | $403.3M+5.5% | $382.2M+34.2% | $284.7M-32.1% | $419.3M+13.2% | $370.3M | $1.3B+31.3% | $976.2M+131.3% | $422.0M-6.2% | $449.7M |
| Free Cash Flow | $846.7M-94.4% | $15.2B-36.8% | $24.0B+153.0% | $9.5B-14.7% | $11.1B+33.3% | $8.3B+14.7% | $7.3B+8.4% | $6.7B-37.1% | $10.7Bn/m | -$9.1B | -$23.5B-174.3% | $31.6Bn/m | -$5.9B-944.4% | $699.3M |
| Investing Cash Flow | $1.1Bn/m | -$6.4Bn/m | -$13.9Bn/m | -$868.4M-698.9% | $145.0Mn/m | -$9.6B-384.6% | $3.4Bn/m | -$4.1Bn/m | -$5.1Bn/m | -$91.2M | -$68.1Bn/m | -$3.2Bn/m | -$34.7Bn/m | -$25.5B |
| Financing Cash Flow | -$3.5Bn/m | -$4.6Bn/m | -$6.0Bn/m | -$5.6Bn/m | -$2.6Bn/m | -$5.3Bn/m | -$8.1Bn/m | -$6.5Bn/m | -$3.1Bn/m | -$2.2B | $73.7Bn/m | -$7.9B-118.6% | $42.7B+45.4% | $29.4B |
| Share Buybacks | $287.0M+102.1% | $142.0M | N/A | N/A | N/A | N/A | $131.4M-85.9% | $932.6M+220.4% | $291.1M-65.3% | $839.5M | $0-100.0% | $4.0M-99.4% | $699.5M+376.8% | $146.7M |
Not reported in any period shown, so not listed: Dividends Paid.
No annual filing on record for: FY2011, FY2012, FY2013, FY2014.
ITUB Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F | FY1020-F | FY0920-F | FY0820-F | FY0720-F |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 24.4%+3.1pp | 21.4%+0.8pp | 20.5%-0.6pp | 21.2%+2.3pp | 18.9%-4.3pp | 23.2%-0.7pp | 23.9%+3.1pp | 20.8% | N/A | N/A | 14.8%-2.6pp | 17.4%+4.2pp | 13.1%-6.8pp | 20.0% |
| Return on Equity | 19.5%+2.0pp | 17.4%0.0pp | 17.4%-0.1pp | 17.5%+4.3pp | 13.2%-6.6pp | 19.8%+1.6pp | 18.2%+0.6pp | 17.6%0.0pp | 17.6%-5.0pp | 22.7% | 14.4%-5.9pp | 20.3%+6.2pp | 14.1% | N/A |
| Return on Assets | 1.4%+0.1pp | 1.3%0.0pp | 1.3%0.0pp | 1.3%+0.3pp | 0.9%-0.7pp | 1.7%+0.1pp | 1.6%0.0pp | 1.6%0.0pp | 1.6%-0.4pp | 2.0% | 1.5%-0.9pp | 2.4%+1.1pp | 1.2% | N/A |
| Debt-to-Equity | N/A | N/A | N/A | 0.68+0.1x | 0.620.0x | 0.62+0.1x | 0.55 | N/A | N/A | N/A | 1.11+0.3x | 0.85-0.2x | 1.10 | N/A |
| Liabilities-to-Equity | 12.47+0.1x | 12.33-0.5x | 12.78+0.3x | 12.46-0.6x | 13.04+2.2x | 10.87+0.6x | 10.25+0.4x | 9.83-0.1x | 9.94-0.3x | 10.23 | 8.57+1.1x | 7.46-3.2x | 10.64 | N/A |
| Asset Turnover | 0.060.0x | 0.060.0x | 0.060.0x | 0.060.0x | 0.050.0x | 0.070.0x | 0.070.0x | 0.08 | N/A | N/A | 0.100.0x | 0.140.0x | 0.09 | N/A |
| FCF Margin | 3.1%-44.4pp | 47.5%-41.7pp | 89.2%+47.4pp | 41.9%-15.8pp | 57.7%+29.0pp | 28.6%+1.5pp | 27.1%+7.2pp | 19.9% | N/A | N/A | -52.2%-120.1pp | 67.9%+104.9pp | -37.0%-40.2pp | 3.2% |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.
No annual filing on record for: FY2011, FY2012, FY2013, FY2014.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Itau Unibanco Holding S.A. ITUB | FY2024 | $27.2B | $6.6B | 24.4% | $81.2B | 47/100 |
| Mizuho Financial Group, Inc. MFG | FY2026 | $55.3B | $7.3B | 13.2% | $117.5B | 31/100 |
| Deutsche Bank AG DB | FY2025 | $36.9B | N/A | N/A | $62.1B | 25/100 |
| PNC Financial Services Group PNC | FY2025 | $23.1B | $6.9B | 30.0% | $91.1B | 58/100 |
| U.S. Bancorp USB | FY2025 | $28.7B | $7.6B | 26.4% | $92.9B | 43/100 |
| Truist Financial Corporation TFC | FY2025 | $20.3B | $5.3B | 26.1% | $59.2B | 30/100 |
Where Itau Unibanco Holding S.A. Ranks
Frequently Asked Questions
What is Itau Unibanco Holding S.A.'s annual revenue?
Itau Unibanco Holding S.A. (ITUB) reported $27.2B in total revenue for fiscal year 2024. This represents a -14.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Itau Unibanco Holding S.A.'s revenue growing?
Itau Unibanco Holding S.A. (ITUB) revenue declined by 14.9% year-over-year, from $31.9B to $27.2B in fiscal year 2024.
Is Itau Unibanco Holding S.A. profitable?
Yes, Itau Unibanco Holding S.A. (ITUB) reported a net income of $6.6B in fiscal year 2024, with a net profit margin of 24.4%.
What is Itau Unibanco Holding S.A.'s net profit margin?
Itau Unibanco Holding S.A. (ITUB) had a net profit margin of 24.4% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Itau Unibanco Holding S.A.'s return on equity (ROE)?
Itau Unibanco Holding S.A. (ITUB) has a return on equity of 19.5% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Itau Unibanco Holding S.A.'s free cash flow?
Itau Unibanco Holding S.A. (ITUB) generated $846.7M in free cash flow during fiscal year 2024. This represents a -94.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Itau Unibanco Holding S.A.'s operating cash flow?
Itau Unibanco Holding S.A. (ITUB) generated $1.1B in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Itau Unibanco Holding S.A.'s total assets?
Itau Unibanco Holding S.A. (ITUB) had $461.6B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Itau Unibanco Holding S.A.'s capital expenditures?
Itau Unibanco Holding S.A. (ITUB) invested $296.4M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
What is Itau Unibanco Holding S.A.'s liabilities-to-equity ratio?
Itau Unibanco Holding S.A. (ITUB) had a liabilities-to-equity ratio of 12.47 as of fiscal year 2024, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2024, because the filing data we hold for that year carries no long-term debt figure.
What is Itau Unibanco Holding S.A.'s return on assets (ROA)?
Itau Unibanco Holding S.A. (ITUB) had a return on assets of 1.4% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Itau Unibanco Holding S.A.'s P/E ratio?
Itau Unibanco Holding S.A. (ITUB) trades at 12.2x earnings, its market capitalization divided by $6.6B net income, FY2024. The market capitalization is $81.2B as of Oct 29, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Itau Unibanco Holding S.A.'s price-to-sales ratio?
Itau Unibanco Holding S.A. (ITUB) trades at 3.0x sales, its market capitalization divided by $27.2B revenue, FY2024. The market capitalization is $81.2B as of Oct 29, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Itau Unibanco Holding S.A.'s Piotroski F-Score?
Itau Unibanco Holding S.A. (ITUB) has a Piotroski F-Score of 3 out of 5 computable signals; 4 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
How financially healthy is Itau Unibanco Holding S.A.?
Itau Unibanco Holding S.A. (ITUB) scores 47 out of 100 on our Financial Health Score, indicating moderate standing within its banks peer group. The score is the average of six dimensions (Earnings, Growth, Capital, Efficiency, Credit Quality, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. For Itau Unibanco Holding S.A. it averages the 4 of 6 dimensions that can be computed; the others are left out rather than counted as zero. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.