Welcome to our dedicated page for Itau Unibanco news (Ticker: ITUB), a resource for investors and traders seeking the latest updates and insights on Itau Unibanco stock.
Itaú Unibanco Holding S.A. (ITUB) is a commercial bank in the finance and insurance sector, with activities that include commercial and consumer lending, foreign loans, insurance and asset management, as described in the Polygon company profile. The bank operates in Brazil and other Latin American markets and reaches U.S. investors through ADRs, which are referenced in its announcements about bonus shares.
This news page aggregates market communications from Itaú Unibanco, giving investors a single place to review the company’s official announcements. Recent releases include invitations to interactive meetings where executives present quarterly and annual results in Portuguese and English, with Q&A sessions. The company also publishes announcements about condensed financial statements, management discussion and analysis documents and events such as Itaú Day, where executives discuss developments in the business.
In addition, Itaú Unibanco issues material facts and notices to stockholders covering topics such as projections for specific years, bonus share distributions, dividend and interest on capital payments, share cancellations under buyback programs and changes to capital. These items appear in both press releases and Form 6-K filings, and they provide context on the company’s capital management, shareholder remuneration and outlook ranges for key financial metrics.
By following this ITUB news feed, readers can review Itaú Unibanco’s own descriptions of its performance, corporate actions, governance documents and shareholder events. The page is useful for tracking how the bank communicates with the market through results announcements, material facts, policy disclosures and meeting invitations over time.
ITAÚ UNIBANCO HOLDING S.A. has announced the payment of interest on capital to shareholders, amounting to R$ 0.10384 per share, netting R$ 0.088264 after a 15% tax withholding. The payment is based on the stockholding position recorded on August 13, 2021, and will be made on August 26, 2021. This payment, along with previously declared amounts, totals R$ 2,159 million. The interest is applicable to both common (ITUB3) and preferred (ITUB4) shares.
Itaú Unibanco Holding S.A. announced the availability of its Complete Financial Statements and Management Discussion and Analysis for Q2 2021, ending June 30, 2021, on its Investor Relations website. Shareholders can access these documents to evaluate the company's performance during this period. Additionally, conference calls regarding the results are scheduled for August 3, 2021, at 09:00 a.m. EDT in Portuguese and at 10:30 a.m. EDT in English.
Itaú Unibanco will announce its 2nd quarter 2021 results on August 2, following the close of trading on B3 and NYSE. The conference call schedules are as follows: in Portuguese at 9 a.m. EDT and in English at 10:30 a.m. EDT on August 3. Investors can access the details through the company's Investor Relations website. For further queries, individual and institutional investors can contact provided emails or phone numbers.
Itaú Unibanco announced the approval of a corporate restructuring by Brazil's Central Bank on July 26, 2021. This restructuring involves the spin-off of its equity interest in XP Inc., transferring 226,523,304 shares, equivalent to 41.05% of XP's capital, to XPart S.A. Shareholders will continue to trade shares, including rights to XPart securities until an ex-right date. If approved, XP and XPart may merge, impacting shareholders' entitlements. Stockholders have withdrawal rights if XPart is not merged or listed within 120 days of approval.
Itaú Unibanco is set to disclose its 2nd quarter 2021 results on August 2, after trading hours on B3 and NYSE. The company will host conference calls on August 3: in Portuguese at 9 a.m. EDT and in English at 10:30 a.m. EDT. Investors can access the calls through links provided in the press release. For further updates and information, stakeholders are encouraged to visit the Investor Relations website.
Itaú Unibanco has successfully won a bidding process on July 16, 2021, to provide payroll management services for the State of Minas Gerais. This lucrative contract involves managing payroll for approximately 618,000 public servants and includes a monthly amount of R$ 4.8 billion. The proposal also entails a cash payment of R$ 2.4 billion, which will be recorded as intangible and recognized on a deferred basis. This initiative supports Itaú's phygital strategy, enhancing service accessibility through online accounts and dedicated physical sites.
Itaú Unibanco has received approval from the Federal Reserve Board for a corporate restructuring involving the transfer of its equity interest in XP Inc. to a newly formed entity named XPart S.A. Following this approval, XPart will be incorporated, and shareholders of Itaú Unibanco will maintain their proportional rights to shares in XPart. Additionally, a potential merger between XPart and XP is being discussed, which could affect shareholder entitlements. Further updates will be provided to stakeholders about the transaction's progress.
ITAÚ UNIBANCO HOLDING S.A. announced the approval of earnings payment to stockholders, effective May 13, 2021. Stockholders will receive interest on capital amounting to R$ 0.04874 per share, with 15% withholding tax, resulting in a net interest of R$ 0.041429 per share. This payment is a partial prepayment of total dividends related to 2021 results, supplementing any future dividends declared. The shares will be traded "ex-rights" starting May 25, 2021, based on stockholding positions as of May 24, 2021.
Itaú Unibanco invites stakeholders to Itaú Day 2021 on June 2nd, from 9am to 12pm (GMT -3). This digital event will showcase the bank's initiatives and future plans, featuring senior management in a live Q&A session. The event will be conducted in Portuguese, with English subtitles available. Participants include co-chairmen Pedro Moreira Salles and Roberto Setubal, as well as CEO Milton Maluhy Filho. Interested parties can register online for this unprecedented event designed to enhance investor relations.
Itaú Unibanco Holding S.A. announced that its Complete Financial Statements and Management Discussion for Q1 2021, ending March 31, 2021, are now available on their Investor Relations site. The company will hold conference calls on May 4, 2021, with sessions in Portuguese at 09:00 a.m. EDT and in English at 10:30 a.m. EDT.