Itaú Unibanco releases revised guidance for 2026

Management's forecasts depend on conditions in Brazil, its sector and international markets, and actual performance may differ.

Available on EDGAR 11/04/2026 - 09:36 AM EST Accepted by SEC EDGAR 11/04/2026 - 09:35 AM EST

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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Form Type

6-K

Rhea-AI Filing Summary

Itaú Unibanco Holding S.A. (ITUB) released revised guidance for 2026. As of November 2026, the company said it had been considering a cost of capital of around 15.25% p.y. to manage its businesses.

Management described its outlooks, projections and operational and financial goals as forecasts based on its current outlook. The company said they depend on market conditions and the economic performance of Brazil, its sector and international markets, and that actual results and performance may differ.

Key Figures

Cost of capital: around 15.25% p.y.

1 metrics

Cost of capital around 15.25% p.y. Considered for managing the business as of November 2026

Key Terms

cost of capital, financial guarantees, expected loss expenses, loans written off as losses

4 terms

cost of capital financial

"considering a cost of capital of around 15.25% p.y."

The cost of capital is the average price a company pays to get money, whether by borrowing or selling shares, to run the business and fund projects. It matters to investors because it acts like a minimum hurdle: investments must deliver returns higher than this price to create value for shareholders, so comparing expected returns to the cost of capital helps judge whether growth plans will likely boost or reduce share value.

financial guarantees financial

"Includes financial guarantees provided and private securities"

expected loss expenses financial

"Composed of expected loss expenses, discounts granted"

loans written off as losses financial

"recovery of loans written off as losses"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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	UNITED STATES
	SECURITIES AND EXCHANGE COMMISSION
	Washington, D.C. 20549

	FORM 6-K

	Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934



	For the month of November, 2026

	Comission File Number: 001-15276

	Itaú Unibanco Holding S.A.
(Exact name of registrant as specified in its charter)

	Itaú Unibanco Holding S.A.
(Translation of Registrant’s Name into English)

Praça Alfredo Egydio de Souza Aranha, 100 - Torre Conceição
	CEP 04344-902 São Paulo, SP, Brazil (Address of principal executive office)


Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
	Form 20-F ☒	Form 40-F ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
	Yes ☐	No ☒

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
	Yes ☐	No ☒

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
	Yes ☐	No ☒

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):
	82– __________________

EXHIBIT INDEX


			99.1			ITAÚ UNIBANCO - Material Fact: 2026 Guidance

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: November 3, 2026.

Itaú Unibanco Holding S.A.

By: /s/ Gustavo Lopes Rodrigues

Name: Gustavo Lopes Rodrigues

Title: Investor Relations Officer.

Material Fact 2026 Guidance Itaú Unibanco Holding S.A. (“Company”), in compliance with Article 157, paragraph 4, of Law No. 6,404/76 and Resolution No. 44/21 of the Brazilian Securities and Exchange Commission (CVM), informs its stockholders and the market in general that, as of this date, it has released its revised guidance for 2026, in accordance with item 3 (“Guidance”) of the Reference Form. (1) Includes financial guarantees provided and private securities; (2) Composed of expected loss expenses, discounts granted and recovery of loans written off as losses; (3) Commissions and fees (+) income from insurance, pension plan and premium bonds operations (+) expenses for claims. It is important to mention that, as of November 2026, the Company has been considering a cost of capital of around 15.25% p.y. for managing its businesses. Information on outlooks for the business, projections, and operational and financial goals are solely forecasts, based on management’s current outlook in relation to the future of Itaú Unibanco. These expectations are highly dependent on market conditions, the general economic performance of the country, of the sector and the international markets. Therefore, our effective results and performance may differ from those forecasted in this prospective information. São Paulo ‐ SP, November 03, 2026. Gustavo Lopes Rodrigues Investor Relations Officer

Source: View Original Filing on SEC EDGAR