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 has provided an overview of differences between its financial statements under BRGAAP and IFRS as of year-end 2020. Key data includes total assets of R$2,019,252 million under IFRS, down from R$2,112,586 million under BRGAAP. The bank highlighted a decrease in cash and financial assets, alongside a provision for expected losses leading to adjusted equities. The IFRS adoption results in significant adjustments across various balance sheet items, particularly financial assets and liabilities. More details are available on their investor relations website.
ITAÚ UNIBANCO HOLDING S.A. announced a payout of R$ 0.1394 per share, totaling R$ 1.361 billion for its shareholders, as approved on February 1, 2021. The payment will occur on March 12, 2021, with the final shareholding position determined on February 25, 2021. This sum, in addition to previously declared payments, brings the total payout for 2020 to R$ 0.4614 per share, amounting to R$ 4.5 billion, representing 25% of the net income for the year.
Itaú Unibanco Holding S.A. disclosed its Complete Financial Statements and Management Discussion for Q4 2020, as of December 31, 2020. The documents are accessible on their Investor Relations website. Additionally, the company will host conference calls regarding these results on February 2, 2021, in Portuguese at 08:00 a.m. and in English at 09:30 a.m. (EDT).
SÃO PAULO, Feb. 1, 2021 /PRNewswire/ -- Itaú Unibanco announces its fourth-quarter 2020 results will be released on February 1, post-market closure in Brazil and the U.S. The conference calls for discussing these results are set for February 2, with Portuguese at 8:00 AM EDT and English at 9:30 AM EDT. Key executives including Candido Bracher and Milton Maluhy Filho will present. Audio replays of the calls will be available until February 9. Access details for the webcast and slide presentations will be provided on the Investor Relations website.
Itaú Unibanco Holding S.A. informs shareholders about the approval of a corporate restructuring proposal at the Extraordinary General Stockholders' Meeting held on January 31, 2021. The restructuring involves segregating its business line related to its 41.05% equity interest in XP Inc., which is set to be transferred to a new entity called XPart S.A. However, the creation of XPart is pending approval from the Federal Reserve Board due to prior commitments. Shareholders will receive shares in XPart proportional to their holdings in Itaú Unibanco.
Itaú Unibanco is set to announce its fourth quarter 2020 results on February 1st. The conference calls for discussing these results will occur on February 2nd at specified times for both Portuguese and English audiences. Key personnel including Candido Bracher, newly appointed CEO, and Milton Maluhy Filho, current CFO, will lead the presentations. The audio of the conference calls will be archived until February 9th, allowing investors to access the information at their convenience.
Itaú Unibanco will announce its fourth-quarter 2020 results on February 1, 2021, after market closure in Brazil and the U.S. Conference calls will occur on February 2, with Portuguese at 8:00 AM EDT and English at 9:30 AM EDT. Participants can join via dial-in numbers or access webcasts. The audio replay will be available until February 9, 2021. Slide presentations will also be shared on the morning of the calls. For more information, visit Itaú's Investor Relations website.
Itaú Unibanco Holding S.A. has resubmitted the Management's Proposal for its Extraordinary General Stockholders' Meeting, set for January 31, 2021. The proposal now includes a change in the number of members on Newco's Board of Directors from three to four. Demosthenes Madureira de Pinho Neto is nominated for the newly created position. Votes previously cast will be disregarded, requiring stockholders to submit new voting instructions by January 27, 2021. The updated Management's Proposal is accessible on the Company's investor relations website and other regulatory platforms.
ITAÚ UNIBANCO HOLDING S.A. announced the payment of interest on capital to its shareholders, approved by the Board of Directors on January 14, 2021. Shareholders will receive R$ 0.050160 per share, with a withholding tax of 15%, resulting in a net amount of R$ 0.042636 per share. This payment is applicable to both common (ITUB3) and preferred (ITUB4) shares, based on the stockholding position recorded on January 22, 2021. The payment is set to be made by April 30, 2021.
Itaú Unibanco Holding S.A. announced an Extraordinary General Stockholders' Meeting on January 31, 2021, to discuss a corporate restructuring involving its 41.05% investment in XP Inc. This will lead to the creation of a new company ('Newco'), where stockholders will receive shares proportional to their current holdings. The restructuring aims to enhance liquidity and value for shareholders while separating the investment in XP to operate independently. Estimated costs for the transaction are R$ 13 million. Approval from the Central Bank of Brazil and other regulatory bodies is required.