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ITUB3 (Itaú Unibanco Holding S.A.) Stock Analysis
Buy, Hold or Sell?

Let's analyze Itaú Unibanco Holding S.A. together

I guess you are interested in Itaú Unibanco Holding S.A.. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • 📊 Fundamental Analysis (FA) – Itaú Unibanco Holding S.A.’s Financial Insights
  • 📈 Technical Analysis (TA) – Itaú Unibanco Holding S.A.’s Price Targets

I'm going to help you getting a better view of Itaú Unibanco Holding S.A.. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Itaú Unibanco Holding S.A. (30 sec.)










1.2. What can you expect buying and holding a share of Itaú Unibanco Holding S.A.? (30 sec.)

How much money do you get?

How much money do you get?
R$0.46
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
R$20.69
Expected worth in 1 year
R$21.71
How sure are you?
90.0%

+ What do you gain per year?

Total Gains per Share
R$3.57
Return On Investment
11.3%

For what price can you sell your share?

Current Price per Share
R$31.60
Expected price per share
R$28.20 - R$33.81
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Itaú Unibanco Holding S.A. (5 min.)




Live pricePrice per Share (EOD)
R$31.60
Intrinsic Value Per Share
R$24.97 - R$159.33
Total Value Per Share
R$45.66 - R$180.02

2.2. Growth of Itaú Unibanco Holding S.A. (5 min.)




Is Itaú Unibanco Holding S.A. growing?

Current yearPrevious yearGrowGrow %
How rich?$38b$34.9b$3.2b8.5%

How much money is Itaú Unibanco Holding S.A. making?

Current yearPrevious yearGrowGrow %
Making money$1.8b$1.6b$280.5m14.9%
Net Profit Margin17.0%11.4%--

How much money comes from the company's main activities?

2.3. Financial Health of Itaú Unibanco Holding S.A. (5 min.)




2.4. Comparing to competitors in the Banks - Regional industry (5 min.)




  Industry Rankings (Banks - Regional)  

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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Itaú Unibanco Holding S.A.?

Welcome investor! Itaú Unibanco Holding S.A.'s management wants to use your money to grow the business. In return you get a share of Itaú Unibanco Holding S.A..

First you should know what it really means to hold a share of Itaú Unibanco Holding S.A.. And how you can make/lose money.

Speculation

The Price per Share of Itaú Unibanco Holding S.A. is R$31.60. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Itaú Unibanco Holding S.A..
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Itaú Unibanco Holding S.A., you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is R$20.69. Based on the TTM, the Book Value Change Per Share is R$0.25 per quarter. Based on the YOY, the Book Value Change Per Share is R$0.30 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is R$0.64 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Itaú Unibanco Holding S.A..

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 R$% of Price per ShareR$% of Price per ShareR$% of Price per ShareR$% of Price per ShareR$% of Price per ShareR$% of Price per Share
Usd Eps0.190.6%0.180.6%0.160.5%0.160.5%0.140.4%0.130.4%
Usd Book Value Change Per Share0.060.2%0.050.1%0.050.2%0.060.2%0.050.2%0.050.1%
Usd Dividend Per Share0.361.1%0.120.4%0.110.3%0.080.3%0.060.2%0.070.2%
Usd Total Gains Per Share0.421.3%0.160.5%0.160.5%0.150.5%0.110.4%0.110.4%
Usd Price Per Share5.00-5.15-4.80-4.61-4.52-5.11-
Price to Earnings Ratio6.73-6.96-7.37-7.10-9.17-11.13-
Price-to-Total Gains Ratio11.84-9.90-30.86-26.52-10.95-31.98-
Price to Book Ratio1.34-1.38-1.35-1.31-1.40-1.86-
Price-to-Total Gains Ratio11.84-9.90-30.86-26.52-10.95-31.98-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share5.70064
Number of shares175
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.120.06
Usd Book Value Change Per Share0.050.05
Usd Total Gains Per Share0.160.11
Gains per Quarter (175 shares)28.1720.08
Gains per Year (175 shares)112.6880.32
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
18132103423870
2161642168576150
324296329127114230
4322128442169152310
5403161555212190390
6483193668254228470
7564225781296266550
8645257894339304630
97252891007381342710
108063211120423380790

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%92.01.00.098.9%
Book Value Change Per Share3.01.00.075.0%10.02.00.083.3%15.05.00.075.0%31.09.00.077.5%71.022.00.076.3%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%67.00.026.072.0%
Total Gains per Share3.01.00.075.0%11.01.00.091.7%17.03.00.085.0%36.04.00.090.0%78.015.00.083.9%
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3.2. Key Performance Indicators

The key performance indicators of Itaú Unibanco Holding S.A. compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.3430.254+35%0.303+13%0.343+0%0.301+14%0.262+31%
Book Value Per Share--20.69120.7360%19.616+5%19.369+7%17.968+15%15.834+31%
Current Ratio---0.332-100%0.475-100%0.432-100%0.458-100%0.602-100%
Debt To Asset Ratio--0.9250.924+0%0.923+0%0.924+0%0.923+0%0.914+1%
Debt To Equity Ratio--12.88612.785+1%12.627+2%12.733+1%12.807+1%11.613+11%
Dividend Per Share--1.9990.638+213%0.599+234%0.467+328%0.335+496%0.362+452%
Enterprise Value---2308874760940.000-1812894181609.393-21%-1451376129059.195-37%-1533274779698.518-34%-1354495557642.749-41%-886229994506.948-62%
Eps--1.0301.024+1%0.901+14%0.899+15%0.788+31%0.706+46%
Ev To Sales Ratio---16.279-7.874-52%-4.633-72%-5.785-64%-5.825-64%-4.076-75%
Free Cash Flow Per Share--2.289-0.595+126%1.829+25%1.598+43%1.468+56%1.039+120%
Free Cash Flow To Equity Per Share---2.769-1.968-29%0.889-411%0.628-541%0.684-505%0.386-816%
Gross Profit Margin--0.9600.591+62%0.941+2%0.821+17%0.868+11%0.908+6%
Intrinsic Value_10Y_max--159.326----------
Intrinsic Value_10Y_min--24.966----------
Intrinsic Value_1Y_max--7.788----------
Intrinsic Value_1Y_min--3.900----------
Intrinsic Value_3Y_max--29.633----------
Intrinsic Value_3Y_min--10.576----------
Intrinsic Value_5Y_max--58.991----------
Intrinsic Value_5Y_min--15.950----------
Market Cap172350189977.600-64%282915239060.000290775318390.608-3%262394370940.805+8%255047636968.149+11%248659242357.251+14%280132830493.052+1%
Net Profit Margin--0.2960.170+74%0.114+161%0.131+126%0.132+125%0.134+122%
Operating Margin---0.109-100%0.139-100%0.127-100%0.147-100%0.145-100%
Operating Ratio--0.5490.779-29%0.861-36%0.836-34%0.831-34%0.843-35%
Pb Ratio1.527+12%1.3411.375-3%1.354-1%1.314+2%1.404-4%1.861-28%
Pe Ratio7.668+12%6.7326.962-3%7.366-9%7.099-5%9.171-27%11.127-40%
Price Per Share31.600+12%27.74028.540-3%26.590+4%25.543+9%25.069+11%28.350-2%
Price To Free Cash Flow Ratio3.451+12%3.030-9.417+411%1.223+148%-1.056+135%-1.120+137%-3.066+201%
Price To Total Gains Ratio13.491+12%11.8439.902+20%30.865-62%26.519-55%10.954+8%31.975-63%
Quick Ratio---0.500-100%0.731-100%0.663-100%0.706-100%0.998-100%
Return On Assets--0.0040.004+0%0.004+6%0.004+7%0.003+13%0.004-2%
Return On Equity--0.0520.052+1%0.048+8%0.048+8%0.046+14%0.048+9%
Total Gains Per Share--2.3420.892+162%0.902+160%0.810+189%0.636+268%0.624+275%
Usd Book Value--38068368800.00038155772600.0000%34922824200.000+9%34885736966.667+9%32169938240.000+18%28252439490.000+35%
Usd Book Value Change Per Share--0.0620.046+35%0.055+13%0.062+0%0.054+14%0.047+31%
Usd Book Value Per Share--3.7333.7410%3.539+5%3.494+7%3.241+15%2.857+31%
Usd Dividend Per Share--0.3610.115+213%0.108+234%0.084+328%0.060+496%0.065+452%
Usd Enterprise Value---416521006873.576-327046110362.334-21%-261828253682.279-37%-276602770257.613-34%-244350998598.752-41%-159875891009.053-62%
Usd Eps--0.1860.185+1%0.163+14%0.162+15%0.142+31%0.127+46%
Usd Free Cash Flow--4211618400.000-1055745900.000+125%3248192200.000+30%2840157466.667+48%2606852160.000+62%1849623160.000+128%
Usd Free Cash Flow Per Share--0.413-0.107+126%0.330+25%0.288+43%0.265+56%0.187+120%
Usd Free Cash Flow To Equity Per Share---0.499-0.355-29%0.160-411%0.113-541%0.123-505%0.070-816%
Usd Market Cap31091974271.959-64%51037909126.42452455867437.666-3%47335944517.721+8%46010593709.054+11%44858127321.248+14%50535962620.947+1%
Usd Price Per Share5.701+12%5.0045.149-3%4.797+4%4.608+9%4.522+11%5.114-2%
Usd Profit--1895462800.0001884323100.000+1%1603801100.000+18%1615286566.667+17%1409934240.000+34%1258258430.000+51%
Usd Revenue--6396623200.00012592867100.000-49%14147644500.000-55%13145251900.000-51%11271437100.000-43%9796243160.000-35%
Usd Total Gains Per Share--0.4230.161+162%0.163+160%0.146+189%0.115+268%0.113+275%
 EOD+2 -6MRQTTM+21 -18YOY+25 -143Y+24 -155Y+26 -1310Y+24 -15

3.3 Fundamental Score

Let's check the fundamental score of Itaú Unibanco Holding S.A. based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-157.668
Price to Book Ratio (EOD)Between0-11.527
Net Profit Margin (MRQ)Greater than00.296
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than10.000
Debt to Asset Ratio (MRQ)Less than10.925
Debt to Equity Ratio (MRQ)Less than112.886
Return on Equity (MRQ)Greater than0.150.052
Return on Assets (MRQ)Greater than0.050.004
Total3/10 (30.0%)

3.4 Technical Score

Let's check the technical score of Itaú Unibanco Holding S.A. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5039.049
Ma 20Greater thanMa 5032.661
Ma 50Greater thanMa 10032.482
Ma 100Greater thanMa 20030.011
OpenGreater thanClose31.700
Total4/5 (80.0%)

4. In-depth Analysis

4.1 About Itaú Unibanco Holding S.A.

Itaú Unibanco Holding S.A. provides various financial products and services to personal and corporate customers in Brazil and internationally. It operates through three segments: Retail Banking, Wholesale Banking, and Activities with the Market + Corporation. The company offers current account; loans; credit and debit cards; investment and commercial banking services; real estate lending and financing services; economic, financial and brokerage advisory; and leasing and foreign exchange services. The company also provides non-life insurance products covering loss, damage, or liability for objects or people, as well as life insurance products covering death and personal accidents. It serves retail customers, account and non-account holders, individuals and legal entities, high income clients, microenterprises, and small companies, as well as middle-market companies and high net worth institutional clients. The company was formerly known as Itaú Unibanco Banco Múltiplo S.A. and changed its name to Itaú Unibanco Holding S.A. in April 2009. The company was incorporated in 1924 and is headquartered in São Paulo, Brazil. Itaú Unibanco Holding S.A. is a subsidiary of IUPAR - Itaú Unibanco Participações S.A.

Fundamental data was last updated by Penke on 2025-06-30 06:33:04.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is expensive.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit Itaú Unibanco Holding S.A. earns for each R$1 of revenue.

  • Above 10% is considered healthy but always compare Itaú Unibanco Holding S.A. to the Banks - Regional industry mean.
  • A Net Profit Margin of 29.6% means that R$0.30 for each R$1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Itaú Unibanco Holding S.A.:

  • The MRQ is 29.6%. The company is making a huge profit. +2
  • The TTM is 17.0%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ29.6%TTM17.0%+12.6%
TTM17.0%YOY11.4%+5.7%
TTM17.0%5Y13.2%+3.9%
5Y13.2%10Y13.4%-0.2%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ29.6%41.9%-12.3%
TTM17.0%31.1%-14.1%
YOY11.4%29.6%-18.2%
3Y13.1%29.0%-15.9%
5Y13.2%25.7%-12.5%
10Y13.4%22.1%-8.7%
4.3.1.2. Return on Assets

Shows how efficient Itaú Unibanco Holding S.A. is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Itaú Unibanco Holding S.A. to the Banks - Regional industry mean.
  • 0.4% Return on Assets means that Itaú Unibanco Holding S.A. generated R$0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Itaú Unibanco Holding S.A.:

  • The MRQ is 0.4%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.4%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.4%TTM0.4%+0.0%
TTM0.4%YOY0.4%+0.0%
TTM0.4%5Y0.3%+0.0%
5Y0.3%10Y0.4%-0.1%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4%0.2%+0.2%
TTM0.4%0.2%+0.2%
YOY0.4%0.2%+0.2%
3Y0.4%0.2%+0.2%
5Y0.3%0.2%+0.1%
10Y0.4%0.2%+0.2%
4.3.1.3. Return on Equity

Shows how efficient Itaú Unibanco Holding S.A. is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Itaú Unibanco Holding S.A. to the Banks - Regional industry mean.
  • 5.2% Return on Equity means Itaú Unibanco Holding S.A. generated R$0.05 for each R$1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Itaú Unibanco Holding S.A.:

  • The MRQ is 5.2%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 5.2%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ5.2%TTM5.2%+0.0%
TTM5.2%YOY4.8%+0.4%
TTM5.2%5Y4.6%+0.6%
5Y4.6%10Y4.8%-0.2%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ5.2%2.8%+2.4%
TTM5.2%2.2%+3.0%
YOY4.8%2.6%+2.2%
3Y4.8%2.5%+2.3%
5Y4.6%2.4%+2.2%
10Y4.8%2.6%+2.2%
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4.3.2. Operating Efficiency of Itaú Unibanco Holding S.A..

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Itaú Unibanco Holding S.A. is operating .

  • Measures how much profit Itaú Unibanco Holding S.A. makes for each R$1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Itaú Unibanco Holding S.A. to the Banks - Regional industry mean.
  • An Operating Margin of 0.0% means the company generated R$0.00  for each R$1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Itaú Unibanco Holding S.A.:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM10.9%-10.9%
TTM10.9%YOY13.9%-3.1%
TTM10.9%5Y14.7%-3.8%
5Y14.7%10Y14.5%+0.1%
4.3.2.2. Operating Ratio

Measures how efficient Itaú Unibanco Holding S.A. is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Banks - Regional industry mean).
  • An Operation Ratio of 0.55 means that the operating costs are R$0.55 for each R$1 in net sales.

Let's take a look of the Operating Ratio trends of Itaú Unibanco Holding S.A.:

  • The MRQ is 0.549. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.779. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.549TTM0.779-0.230
TTM0.779YOY0.861-0.082
TTM0.7795Y0.831-0.052
5Y0.83110Y0.843-0.013
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4.4.3. Liquidity of Itaú Unibanco Holding S.A..

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Itaú Unibanco Holding S.A. is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Banks - Regional industry mean).
  • A Current Ratio of 0.00 means the company has R$0.00 in assets for each R$1 in short-term debts.

Let's take a look of the Current Ratio trends of Itaú Unibanco Holding S.A.:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.332-0.332
TTM0.332YOY0.475-0.143
TTM0.3325Y0.458-0.126
5Y0.45810Y0.602-0.144
4.4.3.2. Quick Ratio

Measures if Itaú Unibanco Holding S.A. is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Itaú Unibanco Holding S.A. to the Banks - Regional industry mean.
  • A Quick Ratio of 0.00 means the company can pay off R$0.00 for each R$1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Itaú Unibanco Holding S.A.:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.500-0.500
TTM0.500YOY0.731-0.231
TTM0.5005Y0.706-0.206
5Y0.70610Y0.998-0.292
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4.5.4. Solvency of Itaú Unibanco Holding S.A..

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of Itaú Unibanco Holding S.A. assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Itaú Unibanco Holding S.A. to Banks - Regional industry mean.
  • A Debt to Asset Ratio of 0.92 means that Itaú Unibanco Holding S.A. assets are financed with 92.5% credit (debt) and the remaining percentage (100% - 92.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Itaú Unibanco Holding S.A.:

  • The MRQ is 0.925. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.924. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.925TTM0.924+0.000
TTM0.924YOY0.923+0.001
TTM0.9245Y0.923+0.001
5Y0.92310Y0.914+0.009
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9250.912+0.013
TTM0.9240.914+0.010
YOY0.9230.331+0.592
3Y0.9240.655+0.269
5Y0.9230.761+0.162
10Y0.9140.845+0.069
4.5.4.2. Debt to Equity Ratio

Measures if Itaú Unibanco Holding S.A. is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Itaú Unibanco Holding S.A. to the Banks - Regional industry mean.
  • A Debt to Equity ratio of 1,288.6% means that company has R$12.89 debt for each R$1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Itaú Unibanco Holding S.A.:

  • The MRQ is 12.886. The company is unable to pay all its debts with equity. -1
  • The TTM is 12.785. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ12.886TTM12.785+0.100
TTM12.785YOY12.627+0.158
TTM12.7855Y12.807-0.022
5Y12.80710Y11.613+1.194
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ12.88610.416+2.470
TTM12.78510.683+2.102
YOY12.6274.228+8.399
3Y12.7337.922+4.811
5Y12.8079.283+3.524
10Y11.61311.348+0.265
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every R$1 in earnings Itaú Unibanco Holding S.A. generates.

  • Above 15 is considered overpriced but always compare Itaú Unibanco Holding S.A. to the Banks - Regional industry mean.
  • A PE ratio of 6.73 means the investor is paying R$6.73 for every R$1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Itaú Unibanco Holding S.A.:

  • The EOD is 7.668. Based on the earnings, the company is underpriced. +1
  • The MRQ is 6.732. Based on the earnings, the company is cheap. +2
  • The TTM is 6.962. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD7.668MRQ6.732+0.937
MRQ6.732TTM6.962-0.231
TTM6.962YOY7.366-0.404
TTM6.9625Y9.171-2.209
5Y9.17110Y11.127-1.956
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD7.6684.419+3.249
MRQ6.7323.875+2.857
TTM6.9626.132+0.830
YOY7.3664.741+2.625
3Y7.0995.925+1.174
5Y9.1718.400+0.771
10Y11.1279.118+2.009
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Itaú Unibanco Holding S.A.:

  • The EOD is 3.451. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 3.030. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is -9.417. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD3.451MRQ3.030+0.422
MRQ3.030TTM-9.417+12.447
TTM-9.417YOY1.223-10.640
TTM-9.4175Y-1.120-8.297
5Y-1.12010Y-3.066+1.946
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD3.4510.383+3.068
MRQ3.0300.336+2.694
TTM-9.4170.632-10.049
YOY1.223-1.072+2.295
3Y-1.0562.007-3.063
5Y-1.1200.284-1.404
10Y-3.0660.095-3.161
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price of Itaú Unibanco Holding S.A. is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Banks - Regional industry mean).
  • A PB ratio of 1.34 means the investor is paying R$1.34 for each R$1 in book value.

Let's take a look of the Price to Book Ratio trends of Itaú Unibanco Holding S.A.:

  • The EOD is 1.527. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.341. Based on the equity, the company is underpriced. +1
  • The TTM is 1.375. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.527MRQ1.341+0.187
MRQ1.341TTM1.375-0.035
TTM1.375YOY1.354+0.021
TTM1.3755Y1.404-0.028
5Y1.40410Y1.861-0.458
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD1.5270.492+1.035
MRQ1.3410.432+0.909
TTM1.3750.446+0.929
YOY1.3540.149+1.205
3Y1.3140.355+0.959
5Y1.4040.578+0.826
10Y1.8610.801+1.060
4.6.2. Total Gains per Share

2.4. Latest News of Itaú Unibanco Holding S.A.

Does Itaú Unibanco Holding S.A. still have the same value as the quarterly reports suggest? Recent changes may be an indication that the value of the company is changing. Read the news from Itaú Unibanco Holding S.A. to keep up to date. Note: the news is often already included in the price.

DateTitleRead
2025-07-10
12:33
Brazil's markets face testing time after Trump tariff blowRead
2025-07-10
12:15
Wall St futures ease after Nvidia's $4 trillion run; data, trade talks in focusRead
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6. Financial Statements




6.1. Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2024-03-312024-06-302024-09-302024-12-312025-03-31
Accumulated Other Comprehensive Income  92,828,0008,243,000101,071,0007,442,000108,513,00010,025,000118,538,000-121,720,000-3,182,000



6.2. Latest Balance Sheet

Balance Sheet of 2025-03-31. Currency in BRL. All numbers in thousands.

Summary
Total Assets2,802,812,000
Total Liabilities2,591,790,000
Total Stockholder Equity201,140,000
 As reported
Total Liabilities 2,591,790,000
Total Stockholder Equity+ 201,140,000
Total Assets = 2,802,812,000

Assets

Total Assets2,802,812,000
Total Current Assets-
Long-term Assets2,802,812,000
Total Current Assets
Cash And Cash Equivalents 71,608,000
Total Current Assets  (as reported)0
Total Current Assets  (calculated)71,608,000
+/- 71,608,000
Long-term Assets
Property Plant Equipment 13,012,000
Intangible Assets 24,054,000
Long-term Assets Other 2,765,746,000
Long-term Assets  (as reported)2,802,812,000
Long-term Assets  (calculated)2,802,812,000
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities-
Long-term Liabilities2,591,790,000
Total Stockholder Equity201,140,000
Total Current Liabilities
Short-term Debt 527,573,000
Total Current Liabilities  (as reported)0
Total Current Liabilities  (calculated)527,573,000
+/- 527,573,000
Long-term Liabilities
Long-term Liabilities  (as reported)2,591,790,000
Long-term Liabilities  (calculated)0
+/- 2,591,790,000
Total Stockholder Equity
Common Stock124,063,000
Retained Earnings 80,005,000
Accumulated Other Comprehensive Income -3,182,000
Other Stockholders Equity 254,000
Total Stockholder Equity (as reported)201,140,000
Total Stockholder Equity (calculated)201,140,000
+/-0
Other
Common Stock Shares Outstanding 10,198,819
Liabilities and Stockholders Equity 2,802,812,000
Net Debt 308,729,000
Short Long Term Debt Total 380,337,000



6.3. Balance Sheets Structured

Currency in BRL. All numbers in thousands.

 Trend2025-03-312024-12-312024-09-302024-06-302024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-09-302003-06-302003-03-312002-12-312002-09-302002-06-302002-03-312001-12-312001-09-302001-06-302001-03-31
> Total Assets 
74,660,056
71,973,341
79,479,859
72,235,142
76,644,696
83,999,987
93,810,426
84,162,760
113,877,578
105,147,628
118,018,191
103,776,680
126,629,904
122,248,232
138,757,241
115,643,982
146,539,558
143,466,996
145,047,008
139,345,198
164,557,988
173,409,768
208,316,529
192,274,730
257,414,248
255,412,367
297,536,693
279,806,000
327,046,400
343,609,867
401,749,453
401,375,000
618,943,348
596,387,066
612,398,934
599,088,000
634,663,189
646,951,000
686,248,444
727,082,000
778,472,489
792,500,390
836,994,304
818,136,000
827,623,000
833,083,000
878,838,000
957,154,000
947,655,000
969,069,000
990,206,000
1,027,297,000
1,025,285,000
1,039,731,000
1,077,711,000
1,127,203,000
1,169,439,000
1,133,898,000
1,241,933,000
1,276,415,000
1,203,294,000
1,316,342,000
1,324,122,000
1,351,314,000
1,323,995,000
1,361,222,000
1,373,518,000
1,436,239,000
1,441,407,000
1,469,095,000
1,524,489,000
1,552,797,000
1,545,971,000
1,566,311,000
1,613,947,000
1,637,481,000
1,848,102,000
1,954,009,000
1,998,284,000
2,019,251,000
2,023,217,000
1,957,245,000
2,043,009,000
2,069,206,000
2,069,267,000
2,165,608,000
2,283,335,000
2,321,066,000
2,388,492,000
2,434,208,000
2,509,117,000
2,543,100,000
2,608,695,000
2,722,720,000
2,783,431,000
2,854,475,000
2,802,812,000
2,802,812,0002,854,475,0002,783,431,0002,722,720,0002,608,695,0002,543,100,0002,509,117,0002,434,208,0002,388,492,0002,321,066,0002,283,335,0002,165,608,0002,069,267,0002,069,206,0002,043,009,0001,957,245,0002,023,217,0002,019,251,0001,998,284,0001,954,009,0001,848,102,0001,637,481,0001,613,947,0001,566,311,0001,545,971,0001,552,797,0001,524,489,0001,469,095,0001,441,407,0001,436,239,0001,373,518,0001,361,222,0001,323,995,0001,351,314,0001,324,122,0001,316,342,0001,203,294,0001,276,415,0001,241,933,0001,133,898,0001,169,439,0001,127,203,0001,077,711,0001,039,731,0001,025,285,0001,027,297,000990,206,000969,069,000947,655,000957,154,000878,838,000833,083,000827,623,000818,136,000836,994,304792,500,390778,472,489727,082,000686,248,444646,951,000634,663,189599,088,000612,398,934596,387,066618,943,348401,375,000401,749,453343,609,867327,046,400279,806,000297,536,693255,412,367257,414,248192,274,730208,316,529173,409,768164,557,988139,345,198145,047,008143,466,996146,539,558115,643,982138,757,241122,248,232126,629,904103,776,680118,018,191105,147,628113,877,57884,162,76093,810,42683,999,98776,644,69672,235,14279,479,85971,973,34174,660,056
   > Total Current Assets 
30,050,823
28,947,348
32,152,589
22,551,855
23,969,804
34,976,499
42,020,032
20,088,479
39,398,606
35,067,158
41,981,815
34,766,299
44,331,841
45,592,191
64,392,205
34,589,609
46,546,810
49,673,563
59,814,383
44,404,505
64,186,225
51,040,956
68,226,795
62,360,698
56,460,187
55,826,305
148,100,956
120,433,000
61,466,445
16,916,817
17,651,128
175,665,000
156,669,425
246,776,839
162,713,173
263,062,000
163,387,092
295,316,000
165,174,137
318,935,000
260,576,628
267,596,492
281,801,315
405,352,000
356,227,000
338,700,000
374,556,000
508,823,000
496,353,000
499,381,000
512,795,000
510,695,000
496,518,000
496,810,000
512,307,000
532,078,000
538,594,000
528,242,000
575,088,000
628,289,000
587,784,000
636,014,000
661,329,000
643,546,000
689,602,000
723,642,000
747,663,000
725,066,000
459,524,000
449,801,000
498,307,000
541,073,000
514,390,000
521,107,000
501,236,000
519,018,000
560,999,000
649,062,000
665,405,000
631,432,000
571,438,000
552,185,000
580,476,000
588,944,000
541,013,000
562,999,000
669,040,000
661,927,000
690,721,000
678,428,000
744,327,000
719,655,000
706,967,000
697,030,000
770,825,000
746,180,000
0
0746,180,000770,825,000697,030,000706,967,000719,655,000744,327,000678,428,000690,721,000661,927,000669,040,000562,999,000541,013,000588,944,000580,476,000552,185,000571,438,000631,432,000665,405,000649,062,000560,999,000519,018,000501,236,000521,107,000514,390,000541,073,000498,307,000449,801,000459,524,000725,066,000747,663,000723,642,000689,602,000643,546,000661,329,000636,014,000587,784,000628,289,000575,088,000528,242,000538,594,000532,078,000512,307,000496,810,000496,518,000510,695,000512,795,000499,381,000496,353,000508,823,000374,556,000338,700,000356,227,000405,352,000281,801,315267,596,492260,576,628318,935,000165,174,137295,316,000163,387,092263,062,000162,713,173246,776,839156,669,425175,665,00017,651,12816,916,81761,466,445120,433,000148,100,95655,826,30556,460,18762,360,69868,226,79551,040,95664,186,22544,404,50559,814,38349,673,56346,546,81034,589,60964,392,20545,592,19144,331,84134,766,29941,981,81535,067,15839,398,60620,088,47942,020,03234,976,49923,969,80422,551,85532,152,58928,947,34830,050,823
       Cash And Cash Equivalents 
16,540,094
15,818,253
17,282,827
9,333,324
10,253,366
19,294,464
23,821,448
12,162,822
16,976,954
16,062,611
23,433,271
15,380,841
10,634,383
18,396,992
27,369,982
16,010,609
23,987,578
26,884,069
37,553,514
21,551,958
38,482,106
23,424,294
27,988,691
25,824,575
32,291,743
18,448,099
15,907,235
58,600,000
61,466,445
16,916,817
17,651,128
64,399,000
45,129,279
29,181,750
36,391,704
108,309,000
29,463,914
131,421,000
11,063,416
110,783,000
26,602,128
32,637,470
36,407,270
136,542,000
34,850,000
38,495,000
31,265,000
101,494,000
93,492,000
102,327,000
102,048,000
119,246,000
125,702,000
127,678,000
98,591,000
103,714,000
107,825,000
109,137,000
115,000,000
115,625,000
114,574,000
115,912,000
119,672,000
126,930,000
131,395,000
140,022,000
142,144,000
146,634,000
146,001,000
133,939,000
144,077,000
157,727,000
147,979,000
155,183,000
146,570,000
156,198,000
157,007,000
189,004,000
196,941,000
191,968,000
203,977,000
194,488,000
194,788,000
224,846,000
208,432,000
191,121,000
204,396,000
210,721,000
213,898,000
220,711,000
225,742,000
228,412,000
227,960,000
248,649,000
245,829,000
263,756,000
71,608,000
71,608,000263,756,000245,829,000248,649,000227,960,000228,412,000225,742,000220,711,000213,898,000210,721,000204,396,000191,121,000208,432,000224,846,000194,788,000194,488,000203,977,000191,968,000196,941,000189,004,000157,007,000156,198,000146,570,000155,183,000147,979,000157,727,000144,077,000133,939,000146,001,000146,634,000142,144,000140,022,000131,395,000126,930,000119,672,000115,912,000114,574,000115,625,000115,000,000109,137,000107,825,000103,714,00098,591,000127,678,000125,702,000119,246,000102,048,000102,327,00093,492,000101,494,00031,265,00038,495,00034,850,000136,542,00036,407,27032,637,47026,602,128110,783,00011,063,416131,421,00029,463,914108,309,00036,391,70429,181,75045,129,27964,399,00017,651,12816,916,81761,466,44558,600,00015,907,23518,448,09932,291,74325,824,57527,988,69123,424,29438,482,10621,551,95837,553,51426,884,06923,987,57816,010,60927,369,98218,396,99210,634,38315,380,84123,433,27116,062,61116,976,95412,162,82223,821,44819,294,46410,253,3669,333,32417,282,82715,818,25316,540,094
       Short-term Investments 
0
0
0
13,218,532
0
0
0
7,925,657
0
0
0
19,385,457
12,183,435
11,238,264
11,263,888
18,579,000
22,559,232
22,789,495
1,982,430
22,852,547
0
2,288,261
2,236,871
36,536,123
6,947,699
35,729,433
86,469,836
61,833,000
0
0
0
111,266,000
611
108,521,844
8,726,174
130,243,000
8,153,003
142,849,000
0
204,179,000
43,104,301
41,540,145
27,439,920
261,647,000
318,501,000
297,166,000
340,146,000
399,122,000
395,377,000
389,385,000
403,219,000
383,941,000
363,201,000
361,189,000
404,954,000
420,222,000
423,094,000
411,996,000
451,839,000
504,760,000
464,978,000
511,661,000
533,619,000
509,737,000
548,424,000
573,829,000
595,713,000
566,977,000
301,800,000
307,429,000
342,787,000
329,459,000
311,206,000
311,773,000
301,691,000
301,839,000
349,345,000
409,135,000
412,740,000
378,139,000
308,381,000
293,845,000
321,971,000
292,558,000
263,095,000
297,385,000
391,574,000
366,496,000
392,610,000
371,537,000
427,378,000
387,015,000
376,941,000
345,681,000
425,144,000
373,675,000
0
0373,675,000425,144,000345,681,000376,941,000387,015,000427,378,000371,537,000392,610,000366,496,000391,574,000297,385,000263,095,000292,558,000321,971,000293,845,000308,381,000378,139,000412,740,000409,135,000349,345,000301,839,000301,691,000311,773,000311,206,000329,459,000342,787,000307,429,000301,800,000566,977,000595,713,000573,829,000548,424,000509,737,000533,619,000511,661,000464,978,000504,760,000451,839,000411,996,000423,094,000420,222,000404,954,000361,189,000363,201,000383,941,000403,219,000389,385,000395,377,000399,122,000340,146,000297,166,000318,501,000261,647,00027,439,92041,540,14543,104,301204,179,0000142,849,0008,153,003130,243,0008,726,174108,521,844611111,266,00000061,833,00086,469,83635,729,4336,947,69936,536,1232,236,8712,288,261022,852,5471,982,43022,789,49522,559,23218,579,00011,263,88811,238,26412,183,43519,385,4570007,925,65700013,218,532000
       Net Receivables 
13,510,729
13,129,096
14,869,762
0
13,716,438
15,682,035
18,198,583
0
22,421,651
19,004,547
18,548,544
0
21,514,023
15,956,935
25,758,335
0
0
0
20,278,438
0
25,704,119
25,328,400
38,001,233
0
17,220,745
1,648,774
45,723,885
0
0
0
0
0
109,090,948
107,368,894
113,918,998
14,360,000
122,449,434
14,592,000
151,284,426
3,973,000
187,856,904
190,488,214
213,879,056
3,343,000
2,876,000
3,039,000
3,145,000
4,031,000
3,362,000
3,471,000
3,220,000
2,856,000
2,757,000
2,869,000
4,081,000
4,114,000
3,857,000
3,607,000
5,302,000
4,696,000
5,088,000
5,343,000
5,436,000
6,879,000
7,003,000
7,037,000
7,157,000
8,380,000
8,586,000
8,433,000
8,557,000
50,699,000
51,721,000
50,800,000
48,925,000
56,655,000
50,321,000
46,787,000
51,590,000
56,921,000
54,440,000
59,120,000
58,797,000
66,297,000
63,852,000
68,133,000
66,390,000
78,372,000
77,274,000
79,081,000
84,429,000
96,514,000
94,413,000
94,938,000
91,947,000
100,246,000
0
0100,246,00091,947,00094,938,00094,413,00096,514,00084,429,00079,081,00077,274,00078,372,00066,390,00068,133,00063,852,00066,297,00058,797,00059,120,00054,440,00056,921,00051,590,00046,787,00050,321,00056,655,00048,925,00050,800,00051,721,00050,699,0008,557,0008,433,0008,586,0008,380,0007,157,0007,037,0007,003,0006,879,0005,436,0005,343,0005,088,0004,696,0005,302,0003,607,0003,857,0004,114,0004,081,0002,869,0002,757,0002,856,0003,220,0003,471,0003,362,0004,031,0003,145,0003,039,0002,876,0003,343,000213,879,056190,488,214187,856,9043,973,000151,284,42614,592,000122,449,43414,360,000113,918,998107,368,894109,090,9480000045,723,8851,648,77417,220,745038,001,23325,328,40025,704,119020,278,43800025,758,33515,956,93521,514,023018,548,54419,004,54722,421,651018,198,58315,682,03513,716,438014,869,76213,129,09613,510,729
       Other Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,448,587
1,704,351
3,676,297
10,150,000
3,320,741
6,454,000
2,826,295
0
3,013,295
2,930,663
4,075,069
3,820,000
0
0
0
4,176,000
4,122,000
4,198,000
4,308,000
4,652,000
4,858,000
5,074,000
4,681,000
4,028,000
3,818,000
3,502,000
2,947,000
3,208,000
3,144,000
3,098,000
2,602,000
110,697,000
2,780,000
2,754,000
2,649,000
3,075,000
3,137,000
121,814,000
2,886,000
3,188,000
3,484,000
3,351,000
4,050,000
4,326,000
4,326,000
4,136,000
4,134,000
4,404,000
4,640,000
4,732,000
4,920,000
5,243,000
5,634,000
6,360,000
6,680,000
6,338,000
6,939,000
7,099,000
6,778,000
7,714,000
7,653,000
7,762,000
7,905,000
8,503,000
0
08,503,0007,905,0007,762,0007,653,0007,714,0006,778,0007,099,0006,939,0006,338,0006,680,0006,360,0005,634,0005,243,0004,920,0004,732,0004,640,0004,404,0004,134,0004,136,0004,326,0004,326,0004,050,0003,351,0003,484,0003,188,0002,886,000121,814,0003,137,0003,075,0002,649,0002,754,0002,780,000110,697,0002,602,0003,098,0003,144,0003,208,0002,947,0003,502,0003,818,0004,028,0004,681,0005,074,0004,858,0004,652,0004,308,0004,198,0004,122,0004,176,0000003,820,0004,075,0692,930,6633,013,29502,826,2956,454,0003,320,74110,150,0003,676,2971,704,3512,448,58700000000000000000000000000000000
   > Long-term Assets 
44,609,233
43,025,993
47,327,269
49,683,286
52,674,893
49,023,488
51,790,394
64,074,282
74,478,973
70,080,470
76,036,376
69,010,381
82,298,063
76,656,041
74,365,036
81,054,373
99,992,748
93,793,433
85,232,626
94,940,693
100,371,763
122,368,813
140,089,734
129,914,033
200,954,061
199,586,062
149,435,737
159,373,000
265,579,955
326,693,051
384,098,325
225,710,000
462,273,923
349,610,227
449,685,761
336,026,000
471,276,097
351,635,000
521,074,307
408,147,000
517,895,861
524,903,898
555,192,989
412,784,000
471,396,000
494,383,000
504,282,000
448,331,000
451,302,000
469,688,000
477,411,000
516,602,000
528,767,000
542,921,000
565,404,000
595,125,000
630,845,000
605,656,000
666,845,000
648,126,000
615,510,000
680,328,000
662,793,000
707,768,000
634,393,000
637,580,000
625,855,000
711,173,000
981,883,000
1,019,294,000
1,026,182,000
1,011,724,000
1,031,581,000
1,045,204,000
1,112,711,000
1,118,463,000
1,287,103,000
1,304,947,000
1,332,879,000
1,387,819,000
1,451,779,000
1,405,060,000
1,462,533,000
1,480,262,000
1,528,254,000
1,602,609,000
1,614,295,000
1,659,139,000
1,697,771,000
1,755,780,000
1,764,790,000
1,823,445,000
1,901,728,000
2,025,690,000
2,012,606,000
2,108,295,000
2,802,812,000
2,802,812,0002,108,295,0002,012,606,0002,025,690,0001,901,728,0001,823,445,0001,764,790,0001,755,780,0001,697,771,0001,659,139,0001,614,295,0001,602,609,0001,528,254,0001,480,262,0001,462,533,0001,405,060,0001,451,779,0001,387,819,0001,332,879,0001,304,947,0001,287,103,0001,118,463,0001,112,711,0001,045,204,0001,031,581,0001,011,724,0001,026,182,0001,019,294,000981,883,000711,173,000625,855,000637,580,000634,393,000707,768,000662,793,000680,328,000615,510,000648,126,000666,845,000605,656,000630,845,000595,125,000565,404,000542,921,000528,767,000516,602,000477,411,000469,688,000451,302,000448,331,000504,282,000494,383,000471,396,000412,784,000555,192,989524,903,898517,895,861408,147,000521,074,307351,635,000471,276,097336,026,000449,685,761349,610,227462,273,923225,710,000384,098,325326,693,051265,579,955159,373,000149,435,737199,586,062200,954,061129,914,033140,089,734122,368,813100,371,76394,940,69385,232,62693,793,43399,992,74881,054,37374,365,03676,656,04182,298,06369,010,38176,036,37670,080,47074,478,97364,074,28251,790,39449,023,48852,674,89349,683,28647,327,26943,025,99344,609,233
       Property Plant Equipment 
2,353,669
2,249,328
2,248,739
2,786,760
2,177,169
2,208,226
2,168,381
2,782,299
2,230,044
2,122,651
2,074,694
2,686,093
2,023,238
1,973,900
1,944,933
2,573,703
1,928,215
1,843,830
1,855,222
2,484,429
1,805,252
1,810,609
2,041,753
2,861,815
2,138,016
1,877,816
1,833,187
2,755,000
1,840,337
1,868,695
2,085,964
2,965,000
4,208,134
4,193,895
4,087,645
4,572,000
4,427,417
4,772,000
250,351
4,801,000
4,807,029
4,781,365
4,920,687
5,358,000
5,227,000
5,347,000
6,769,000
5,628,000
5,660,000
5,892,000
6,167,000
6,564,000
6,676,000
6,827,000
7,471,000
8,711,000
8,659,000
8,535,000
8,803,000
8,541,000
8,181,000
8,186,000
7,920,000
8,042,000
7,799,000
7,624,000
7,421,000
7,359,000
7,172,000
7,102,000
7,219,000
7,302,000
12,062,000
12,135,000
11,199,000
10,974,000
11,706,000
11,344,000
11,886,000
11,845,000
11,861,000
11,450,000
11,828,000
12,009,000
10,628,000
10,957,000
11,000,000
11,630,000
11,457,000
11,286,000
10,804,000
12,486,000
12,350,000
12,782,000
12,852,000
13,263,000
13,012,000
13,012,00013,263,00012,852,00012,782,00012,350,00012,486,00010,804,00011,286,00011,457,00011,630,00011,000,00010,957,00010,628,00012,009,00011,828,00011,450,00011,861,00011,845,00011,886,00011,344,00011,706,00010,974,00011,199,00012,135,00012,062,0007,302,0007,219,0007,102,0007,172,0007,359,0007,421,0007,624,0007,799,0008,042,0007,920,0008,186,0008,181,0008,541,0008,803,0008,535,0008,659,0008,711,0007,471,0006,827,0006,676,0006,564,0006,167,0005,892,0005,660,0005,628,0006,769,0005,347,0005,227,0005,358,0004,920,6874,781,3654,807,0294,801,000250,3514,772,0004,427,4174,572,0004,087,6454,193,8954,208,1342,965,0002,085,9641,868,6951,840,3372,755,0001,833,1871,877,8162,138,0162,861,8152,041,7531,810,6091,805,2522,484,4291,855,2221,843,8301,928,2152,573,7031,944,9331,973,9002,023,2382,686,0932,074,6942,122,6512,230,0442,782,2992,168,3812,208,2262,177,1692,786,7602,248,7392,249,3282,353,669
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
635,000
0
0
0
423,000
0
0
0
14,711,000
0
14,716,000
74,467
14,664,000
67,617
67,617
95,087
0
0
0
0
0
61,544
59,387
57,229
1,905,000
1,928,000
1,928,000
1,934,000
1,961,000
1,999,000
1,987,000
2,065,000
2,057,000
2,669,000
9,384,000
9,375,000
9,860,000
9,573,000
9,834,000
9,937,000
11,139,000
10,870,000
11,412,000
11,641,000
11,438,000
11,611,000
11,498,000
11,601,000
11,158,000
12,422,000
7,877,000
8,144,000
8,187,000
8,494,000
7,910,000
7,881,000
7,822,000
7,502,000
7,317,000
7,295,000
7,550,000
8,276,000
8,095,000
7,901,000
7,835,000
7,639,000
8,045,000
8,258,000
8,349,000
0
08,349,0008,258,0008,045,0007,639,0007,835,0007,901,0008,095,0008,276,0007,550,0007,295,0007,317,0007,502,0007,822,0007,881,0007,910,0008,494,0008,187,0008,144,0007,877,00012,422,00011,158,00011,601,00011,498,00011,611,00011,438,00011,641,00011,412,00010,870,00011,139,0009,937,0009,834,0009,573,0009,860,0009,375,0009,384,0002,669,0002,057,0002,065,0001,987,0001,999,0001,961,0001,934,0001,928,0001,928,0001,905,00057,22959,38761,5440000095,08767,61767,61714,664,00074,46714,716,000014,711,000000423,000000635,000000000000000000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
112,593,000
113,461,000
120,854,000
117,477,000
116,175,000
123,321,000
121,260,000
127,291,000
130,121,000
425,430,000
487,477,000
459,932,000
542,187,000
588,996,000
552,521,000
540,899,000
629,072,000
652,614,000
630,915,000
634,889,000
612,623,000
625,091,000
676,849,000
662,175,000
709,468,000
732,223,000
824,271,000
833,703,000
894,310,000
744,880,000
727,804,000
738,691,000
1,004,514,000
0
01,004,514,000738,691,000727,804,000744,880,000894,310,000833,703,000824,271,000732,223,000709,468,000662,175,000676,849,000625,091,000612,623,000634,889,000630,915,000652,614,000629,072,000540,899,000552,521,000588,996,000542,187,000459,932,000487,477,000425,430,000130,121,000127,291,000121,260,000123,321,000116,175,000117,477,000120,854,000113,461,000112,593,000000000000000000000000000000000000000000000000000000000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6,948,000
0
0
0
6,676,000
3,953,164
3,761,014
3,587,531
22,569,000
3,558,756
20,196,000
3,272,570
2,934,000
2,890,836
3,123,748
3,286,315
3,825,000
3,956,000
4,283,000
3,126,000
4,671,000
4,839,000
4,934,000
5,421,000
5,797,000
5,819,000
5,723,000
5,999,000
6,134,000
6,214,000
6,219,000
6,285,000
6,295,000
6,238,000
7,564,000
7,772,000
7,196,000
7,236,000
7,301,000
7,641,000
8,244,000
8,475,000
8,656,000
8,635,000
7,891,000
8,038,000
8,152,000
8,225,000
8,561,000
8,942,000
8,785,000
9,131,000
9,143,000
9,565,000
9,601,000
12,908,000
13,288,000
13,659,000
14,439,000
14,902,000
15,564,000
15,730,000
15,826,000
15,601,000
15,529,000
15,415,000
15,762,000
15,759,000
15,648,000
24,054,000
24,054,00015,648,00015,759,00015,762,00015,415,00015,529,00015,601,00015,826,00015,730,00015,564,00014,902,00014,439,00013,659,00013,288,00012,908,0009,601,0009,565,0009,143,0009,131,0008,785,0008,942,0008,561,0008,225,0008,152,0008,038,0007,891,0008,635,0008,656,0008,475,0008,244,0007,641,0007,301,0007,236,0007,196,0007,772,0007,564,0006,238,0006,295,0006,285,0006,219,0006,214,0006,134,0005,999,0005,723,0005,819,0005,797,0005,421,0004,934,0004,839,0004,671,0003,126,0004,283,0003,956,0003,825,0003,286,3153,123,7482,890,8362,934,0003,272,57020,196,0003,558,75622,569,0003,587,5313,761,0143,953,1646,676,0000006,948,000000000000000000000000000000
       Earning Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
860,471,000
1,014,620,000
1,079,860,000
1,088,285,000
1,094,210,000
1,072,023,000
1,024,125,000
1,055,914,000
1,023,670,000
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000001,023,670,0001,055,914,0001,024,125,0001,072,023,0001,094,210,0001,088,285,0001,079,860,0001,014,620,000860,471,000000000000000000000000000000000000000000000000000000000000000000000000000000
       Other Assets 
22,587,623
22,781,037
25,406,399
46,740,932
31,956,594
27,685,900
27,615,300
52,562,787
46,077,523
42,846,018
44,340,017
60,539,522
63,926,376
57,642,174
44,113,342
70,879,083
90,845,717
85,799,648
73,734,574
85,649,768
62,669,891
72,652,879
84,334,429
115,856,593
125,474,466
171,890,348
123,996,786
163,832,648
191,462,928
266,877,046
223,283,500
228,261,000
233,676,477
324,983,318
234,866,066
313,692,000
249,413,366
328,954,000
263,714,717
368,951,000
338,938,248
348,663,840
356,603,295
453,580,000
561,499,000
547,724,000
591,196,000
463,157,000
497,213,000
479,893,000
509,637,000
486,807,000
529,695,000
518,555,000
591,553,000
619,999,000
639,027,000
583,753,000
658,472,000
702,068,000
581,670,000
680,597,000
674,322,000
712,452,000
643,231,000
689,646,000
635,806,000
690,759,000
688,703,000
773,504,000
733,296,000
808,967,000
837,519,000
787,285,000
868,807,000
821,697,000
934,772,000
1,031,412,000
1,086,002,000
1,002,173,000
980,470,000
934,944,000
1,009,583,000
1,032,499,000
1,062,688,000
1,088,135,000
1,217,045,000
1,169,074,000
1,195,837,000
1,140,591,000
1,190,515,000
0
0
0
-396,976,000
2,865,822,000
0
02,865,822,000-396,976,0000001,190,515,0001,140,591,0001,195,837,0001,169,074,0001,217,045,0001,088,135,0001,062,688,0001,032,499,0001,009,583,000934,944,000980,470,0001,002,173,0001,086,002,0001,031,412,000934,772,000821,697,000868,807,000787,285,000837,519,000808,967,000733,296,000773,504,000688,703,000690,759,000635,806,000689,646,000643,231,000712,452,000674,322,000680,597,000581,670,000702,068,000658,472,000583,753,000639,027,000619,999,000591,553,000518,555,000529,695,000486,807,000509,637,000479,893,000497,213,000463,157,000591,196,000547,724,000561,499,000453,580,000356,603,295348,663,840338,938,248368,951,000263,714,717328,954,000249,413,366313,692,000234,866,066324,983,318233,676,477228,261,000223,283,500266,877,046191,462,928163,832,648123,996,786171,890,348125,474,466115,856,59384,334,42972,652,87962,669,89185,649,76873,734,57485,799,64890,845,71770,879,08344,113,34257,642,17463,926,37660,539,52244,340,01742,846,01846,077,52352,562,78727,615,30027,685,90031,956,59446,740,93225,406,39922,781,03722,587,623
> Total Liabilities 
67,262,719
64,390,425
71,305,327
63,461,492
68,549,046
75,277,903
84,750,605
72,736,221
102,787,414
93,609,250
105,671,533
89,382,567
113,090,139
108,344,929
124,157,364
97,891,010
130,691,247
127,451,367
128,730,653
119,623,873
146,449,011
154,620,218
185,205,522
163,496,643
231,181,831
226,833,865
267,647,152
242,197,000
295,617,143
311,178,215
367,346,028
365,743,000
570,894,200
549,117,569
560,094,478
517,054,000
578,019,179
559,715,000
625,365,200
659,530,000
711,316,665
723,108,287
766,784,399
742,800,000
751,469,000
754,189,000
803,904,000
881,156,000
870,478,000
890,400,000
908,906,000
943,105,000
939,798,000
950,400,000
982,906,000
1,026,586,000
1,067,379,000
1,028,163,000
1,130,320,000
1,162,356,000
1,088,434,000
1,185,222,000
1,188,557,000
1,218,930,000
1,189,836,000
1,222,730,000
1,229,827,000
1,291,883,000
1,305,018,000
1,328,320,000
1,379,582,000
1,402,331,000
1,407,312,000
1,422,498,000
1,470,085,000
1,488,016,000
1,704,585,000
1,811,076,000
1,850,356,000
1,864,726,000
1,863,443,000
1,802,831,000
1,884,047,000
1,904,730,000
1,906,326,000
1,997,760,000
2,109,618,000
2,143,959,000
2,206,973,000
2,245,267,000
2,316,443,000
2,344,050,000
2,415,018,000
2,519,987,000
2,572,444,000
2,633,191,000
2,591,790,000
2,591,790,0002,633,191,0002,572,444,0002,519,987,0002,415,018,0002,344,050,0002,316,443,0002,245,267,0002,206,973,0002,143,959,0002,109,618,0001,997,760,0001,906,326,0001,904,730,0001,884,047,0001,802,831,0001,863,443,0001,864,726,0001,850,356,0001,811,076,0001,704,585,0001,488,016,0001,470,085,0001,422,498,0001,407,312,0001,402,331,0001,379,582,0001,328,320,0001,305,018,0001,291,883,0001,229,827,0001,222,730,0001,189,836,0001,218,930,0001,188,557,0001,185,222,0001,088,434,0001,162,356,0001,130,320,0001,028,163,0001,067,379,0001,026,586,000982,906,000950,400,000939,798,000943,105,000908,906,000890,400,000870,478,000881,156,000803,904,000754,189,000751,469,000742,800,000766,784,399723,108,287711,316,665659,530,000625,365,200559,715,000578,019,179517,054,000560,094,478549,117,569570,894,200365,743,000367,346,028311,178,215295,617,143242,197,000267,647,152226,833,865231,181,831163,496,643185,205,522154,620,218146,449,011119,623,873128,730,653127,451,367130,691,24797,891,010124,157,364108,344,929113,090,13989,382,567105,671,53393,609,250102,787,41472,736,22184,750,60575,277,90368,549,04663,461,49271,305,32764,390,42567,262,719
   > Total Current Liabilities 
37,486,347
31,273,202
36,109,024
42,175,290
26,052,172
35,046,398
46,207,249
43,238,901
42,807,166
41,582,384
61,289,803
54,927,866
57,232,424
52,607,144
63,896,117
57,431,553
70,289,203
78,335,337
65,597,224
72,022,767
85,582,557
86,173,901
97,900,770
99,329,718
136,348,614
132,221,684
162,442,187
171,832,000
175,628,672
190,116,955
244,645,928
278,893,000
376,934,643
373,096,138
355,805,294
375,870,000
374,052,044
407,233,000
400,687,085
440,162,000
471,785,475
474,319,979
496,693,977
498,600,000
539,919,000
482,784,000
564,548,000
577,969,000
565,776,000
572,074,000
589,085,000
609,808,000
603,492,000
606,954,000
627,113,000
661,234,000
675,058,000
644,340,000
700,843,000
727,980,000
655,912,000
738,552,000
748,163,000
773,502,000
754,146,000
777,606,000
785,381,000
817,774,000
803,285,000
803,857,000
837,509,000
887,230,000
871,439,000
779,806,000
914,403,000
907,661,000
1,054,968,000
1,173,717,000
1,200,135,000
1,216,829,000
1,219,965,000
1,156,261,000
1,227,230,000
1,241,554,000
1,197,241,000
1,226,914,000
1,322,125,000
1,341,364,000
1,388,683,000
1,426,818,000
1,493,824,000
1,517,232,000
1,558,338,000
1,643,603,000
1,660,364,000
1,697,879,000
0
01,697,879,0001,660,364,0001,643,603,0001,558,338,0001,517,232,0001,493,824,0001,426,818,0001,388,683,0001,341,364,0001,322,125,0001,226,914,0001,197,241,0001,241,554,0001,227,230,0001,156,261,0001,219,965,0001,216,829,0001,200,135,0001,173,717,0001,054,968,000907,661,000914,403,000779,806,000871,439,000887,230,000837,509,000803,857,000803,285,000817,774,000785,381,000777,606,000754,146,000773,502,000748,163,000738,552,000655,912,000727,980,000700,843,000644,340,000675,058,000661,234,000627,113,000606,954,000603,492,000609,808,000589,085,000572,074,000565,776,000577,969,000564,548,000482,784,000539,919,000498,600,000496,693,977474,319,979471,785,475440,162,000400,687,085407,233,000374,052,044375,870,000355,805,294373,096,138376,934,643278,893,000244,645,928190,116,955175,628,672171,832,000162,442,187132,221,684136,348,61499,329,71897,900,77086,173,90185,582,55772,022,76765,597,22478,335,33770,289,20357,431,55363,896,11752,607,14457,232,42454,927,86661,289,80341,582,38442,807,16643,238,90146,207,24935,046,39826,052,17242,175,29036,109,02431,273,20237,486,347
       Short-term Debt 
0
5,141,850
0
16,211,976
0
7,290,736
4,061,816
12,736,272
4,553,848
9,185,078
9,009,292
21,823,426
22,721,730
16,715,960
26,241,296
19,147,392
8,840,196
8,471,469
20,993,677
24,188,161
33,465,665
32,947,183
42,105,301
41,771,410
71,991,212
64,029,597
92,233,002
71,577,000
97,322,175
106,686,839
130,099,381
103,769,000
168,502,844
176,719,911
159,667,066
146,899,000
183,022,058
173,208,000
197,489,440
236,139,000
259,898,184
256,887,010
267,395,026
252,579,000
264,977,000
247,180,000
286,957,000
333,017,000
325,560,000
325,481,000
335,343,000
333,955,000
323,741,000
327,974,000
344,366,000
364,555,000
374,579,000
362,089,000
397,855,000
433,049,000
387,398,000
427,464,000
437,425,000
443,569,000
426,761,000
422,811,000
423,055,000
412,045,000
392,541,000
377,022,000
380,200,000
411,937,000
407,202,000
303,188,000
407,599,000
379,788,000
424,985,000
432,370,000
420,543,000
392,693,000
378,559,000
345,111,000
394,228,000
378,860,000
375,044,000
382,150,000
460,482,000
451,599,000
457,956,000
483,521,000
544,066,000
549,810,000
578,504,000
608,532,000
620,303,000
623,958,000
527,573,000
527,573,000623,958,000620,303,000608,532,000578,504,000549,810,000544,066,000483,521,000457,956,000451,599,000460,482,000382,150,000375,044,000378,860,000394,228,000345,111,000378,559,000392,693,000420,543,000432,370,000424,985,000379,788,000407,599,000303,188,000407,202,000411,937,000380,200,000377,022,000392,541,000412,045,000423,055,000422,811,000426,761,000443,569,000437,425,000427,464,000387,398,000433,049,000397,855,000362,089,000374,579,000364,555,000344,366,000327,974,000323,741,000333,955,000335,343,000325,481,000325,560,000333,017,000286,957,000247,180,000264,977,000252,579,000267,395,026256,887,010259,898,184236,139,000197,489,440173,208,000183,022,058146,899,000159,667,066176,719,911168,502,844103,769,000130,099,381106,686,83997,322,17571,577,00092,233,00264,029,59771,991,21241,771,41042,105,30132,947,18333,465,66524,188,16120,993,6778,471,4698,840,19619,147,39226,241,29616,715,96022,721,73021,823,4269,009,2929,185,0784,553,84812,736,2724,061,8167,290,736016,211,97605,141,8500
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
605,610,000
580,984,000
577,727,000
187,281,000
193,411,000
187,581,000
171,371,000
151,348,000
180,274,000
93,394,000
179,861,000
122,615,000
123,852,000
126,579,000
125,274,000
111,760,000
102,135,000
119,104,000
109,900,000
127,562,000
104,809,000
118,402,000
136,831,000
153,852,000
148,308,000
163,861,000
164,422,000
186,384,000
187,024,000
208,452,000
208,511,000
201,842,000
235,171,000
0
0235,171,000201,842,000208,511,000208,452,000187,024,000186,384,000164,422,000163,861,000148,308,000153,852,000136,831,000118,402,000104,809,000127,562,000109,900,000119,104,000102,135,000111,760,000125,274,000126,579,000123,852,000122,615,000179,861,00093,394,000180,274,000151,348,000171,371,000187,581,000193,411,000187,281,000577,727,000580,984,000605,610,000000000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8,740,870
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,973,688
6,069,272
7,048,836
0
7,540,092
123,000
8,280,995
0
7,965,342
8,518,754
8,623,620
0
0
0
0
4,470,000
7,144,000
7,862,000
8,942,000
3,671,000
8,428,000
8,540,000
10,601,000
4,490,000
7,766,000
7,789,000
9,798,000
4,840,000
6,969,000
6,974,000
8,169,000
329,414,000
9,145,000
8,394,000
11,285,000
7,723,000
9,715,000
426,595,000
11,634,000
5,313,000
10,310,000
10,024,000
13,335,000
7,168,000
606,750,000
727,197,000
765,019,000
809,010,000
40,817,000
40,495,000
37,985,000
30,188,000
36,632,000
40,174,000
25,822,000
37,481,000
35,607,000
40,711,000
35,473,000
18,075,000
35,255,000
20,169,000
25,597,000
0
0
0025,597,00020,169,00035,255,00018,075,00035,473,00040,711,00035,607,00037,481,00025,822,00040,174,00036,632,00030,188,00037,985,00040,495,00040,817,000809,010,000765,019,000727,197,000606,750,0007,168,00013,335,00010,024,00010,310,0005,313,00011,634,000426,595,0009,715,0007,723,00011,285,0008,394,0009,145,000329,414,0008,169,0006,974,0006,969,0004,840,0009,798,0007,789,0007,766,0004,490,00010,601,0008,540,0008,428,0003,671,0008,942,0007,862,0007,144,0004,470,00000008,623,6208,518,7547,965,34208,280,995123,0007,540,09207,048,8366,069,2725,973,688000000000000008,740,87000000000000000000
       Other Current Liabilities 
37,486,347
26,131,352
36,109,024
25,963,314
26,052,172
27,755,662
42,145,433
30,502,629
38,253,318
32,397,306
52,280,511
33,104,441
34,510,694
35,891,184
37,654,821
38,284,161
61,449,007
61,122,997
44,603,547
47,834,605
52,116,892
53,226,718
55,795,469
57,558,308
64,357,402
68,192,087
70,209,186
100,255,000
78,306,497
83,430,116
114,546,546
175,124,000
178,580,698
190,094,379
162,255,511
228,971,000
159,684,607
215,843,000
194,916,650
197,278,000
176,499,983
180,243,009
195,591,401
242,362,000
273,002,000
235,604,000
273,611,000
239,372,000
232,005,000
237,650,000
243,739,000
271,083,000
270,216,000
269,305,000
270,855,000
290,803,000
291,245,000
273,023,000
291,328,000
288,182,000
263,661,000
305,958,000
304,346,000
324,740,000
320,112,000
344,390,000
353,780,000
395,680,000
398,692,000
422,236,000
443,125,000
467,450,000
451,361,000
463,958,000
490,807,000
518,019,000
618,893,000
731,224,000
767,656,000
818,508,000
828,482,000
798,345,000
817,124,000
856,271,000
808,997,000
828,624,000
844,761,000
882,786,000
915,636,000
927,835,000
931,034,000
958,172,000
960,400,000
1,017,057,000
1,017,596,000
1,062,781,000
0
01,062,781,0001,017,596,0001,017,057,000960,400,000958,172,000931,034,000927,835,000915,636,000882,786,000844,761,000828,624,000808,997,000856,271,000817,124,000798,345,000828,482,000818,508,000767,656,000731,224,000618,893,000518,019,000490,807,000463,958,000451,361,000467,450,000443,125,000422,236,000398,692,000395,680,000353,780,000344,390,000320,112,000324,740,000304,346,000305,958,000263,661,000288,182,000291,328,000273,023,000291,245,000290,803,000270,855,000269,305,000270,216,000271,083,000243,739,000237,650,000232,005,000239,372,000273,611,000235,604,000273,002,000242,362,000195,591,401180,243,009176,499,983197,278,000194,916,650215,843,000159,684,607228,971,000162,255,511190,094,379178,580,698175,124,000114,546,54683,430,11678,306,497100,255,00070,209,18668,192,08764,357,40257,558,30855,795,46953,226,71852,116,89247,834,60544,603,54761,122,99761,449,00738,284,16137,654,82135,891,18434,510,69433,104,44152,280,51132,397,30638,253,31830,502,62942,145,43327,755,66226,052,17225,963,31436,109,02426,131,35237,486,347
   > Long-term Liabilities 
29,776,372
33,117,223
35,196,303
21,286,202
42,496,874
40,231,505
38,543,356
29,497,320
59,980,248
52,026,866
44,381,730
34,454,700
55,857,715
55,737,785
60,261,247
40,459,457
60,402,044
49,116,030
63,133,429
47,601,106
60,866,454
68,446,317
87,304,752
64,166,925
94,833,217
94,612,181
105,204,965
70,365,000
119,988,471
121,061,259
122,700,100
86,850,000
193,959,557
176,021,431
204,289,184
141,184,000
203,967,135
152,482,000
224,678,115
219,368,000
239,531,190
248,788,308
270,090,422
244,200,000
211,550,000
271,405,000
239,356,000
303,187,000
304,702,000
318,326,000
319,821,000
333,297,000
336,306,000
343,446,000
355,793,000
365,352,000
392,321,000
383,823,000
429,477,000
434,376,000
432,522,000
446,670,000
440,394,000
445,428,000
435,690,000
445,124,000
444,446,000
474,109,000
501,733,000
524,463,000
542,073,000
515,101,000
535,873,000
642,692,000
555,682,000
580,355,000
649,617,000
637,359,000
650,221,000
647,897,000
643,478,000
646,570,000
656,817,000
663,176,000
709,085,000
770,846,000
787,493,000
802,595,000
818,290,000
818,449,000
822,619,000
826,818,000
856,680,000
876,384,000
912,080,000
935,312,000
2,591,790,000
2,591,790,000935,312,000912,080,000876,384,000856,680,000826,818,000822,619,000818,449,000818,290,000802,595,000787,493,000770,846,000709,085,000663,176,000656,817,000646,570,000643,478,000647,897,000650,221,000637,359,000649,617,000580,355,000555,682,000642,692,000535,873,000515,101,000542,073,000524,463,000501,733,000474,109,000444,446,000445,124,000435,690,000445,428,000440,394,000446,670,000432,522,000434,376,000429,477,000383,823,000392,321,000365,352,000355,793,000343,446,000336,306,000333,297,000319,821,000318,326,000304,702,000303,187,000239,356,000271,405,000211,550,000244,200,000270,090,422248,788,308239,531,190219,368,000224,678,115152,482,000203,967,135141,184,000204,289,184176,021,431193,959,55786,850,000122,700,100121,061,259119,988,47170,365,000105,204,96594,612,18194,833,21764,166,92587,304,75268,446,31760,866,45447,601,10663,133,42949,116,03060,402,04440,459,45760,261,24755,737,78555,857,71534,454,70044,381,73052,026,86659,980,24829,497,32038,543,35640,231,50542,496,87421,286,20235,196,30333,117,22329,776,372
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
155,254,000
186,543,000
189,677,000
195,709,000
180,083,000
190,828,000
177,053,000
182,509,000
195,093,000
214,638,000
235,280,000
250,408,000
269,739,000
275,482,000
275,257,000
264,899,000
0
0
0
0
0
0
000000264,899,000275,257,000275,482,000269,739,000250,408,000235,280,000214,638,000195,093,000182,509,000177,053,000190,828,000180,083,000195,709,000189,677,000186,543,000155,254,000000000000000000000000000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
175,792,000
184,000,000
189,657,000
197,194,000
203,428,000
210,581,000
212,200,000
218,286,000
221,847,000
225,139,000
230,191,000
250,658,550
241,825,000
235,552,000
238,578,000
239,666,000
244,015,000
273,027,000
276,621,000
279,633,000
255,768,000
262,907,000
450,284,000
269,760,000
275,843,000
472,430,000
289,884,000
0
0
0
0
0
0
0
0000000289,884,000472,430,000275,843,000269,760,000450,284,000262,907,000255,768,000279,633,000276,621,000273,027,000244,015,000239,666,000238,578,000235,552,000241,825,000250,658,550230,191,000225,139,000221,847,000218,286,000212,200,000210,581,000203,428,000197,194,000189,657,000184,000,000175,792,000000000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
6,824,477
7,033,249
7,532,196
8,357,958
7,536,418
8,000,509
8,110,315
11,051,318
10,052,238
10,605,233
11,370,949
13,894,979
12,444,035
12,734,077
13,493,939
16,714,460
14,642,389
14,914,589
15,268,782
18,308,657
16,756,535
17,656,537
21,837,941
27,351,445
24,928,520
26,545,395
27,913,938
36,255,000
29,214,912
30,318,289
32,001,203
34,387,000
44,998,846
47,269,497
48,861,594
69,277,000
52,974,532
74,125,000
57,225,072
65,875,000
63,730,536
66,082,796
68,205,713
73,941,000
74,966,000
77,875,000
74,610,000
75,902,000
76,255,000
77,736,000
80,340,000
83,223,000
84,481,000
88,250,000
93,457,000
99,260,000
100,365,000
103,959,000
109,743,000
112,252,000
113,087,000
117,583,000
121,942,000
120,095,000
122,163,000
125,944,000
131,410,000
131,378,000
123,031,000
126,336,000
129,879,000
136,782,000
124,754,000
129,914,000
129,380,000
136,925,000
129,808,000
131,681,000
135,825,000
142,993,000
147,255,000
143,354,000
147,606,000
152,864,000
152,866,000
157,222,000
164,875,000
167,717,000
171,550,000
178,853,000
183,636,000
190,177,000
185,547,000
193,749,000
201,365,000
211,090,000
201,140,000
201,140,000211,090,000201,365,000193,749,000185,547,000190,177,000183,636,000178,853,000171,550,000167,717,000164,875,000157,222,000152,866,000152,864,000147,606,000143,354,000147,255,000142,993,000135,825,000131,681,000129,808,000136,925,000129,380,000129,914,000124,754,000136,782,000129,879,000126,336,000123,031,000131,378,000131,410,000125,944,000122,163,000120,095,000121,942,000117,583,000113,087,000112,252,000109,743,000103,959,000100,365,00099,260,00093,457,00088,250,00084,481,00083,223,00080,340,00077,736,00076,255,00075,902,00074,610,00077,875,00074,966,00073,941,00068,205,71366,082,79663,730,53665,875,00057,225,07274,125,00052,974,53269,277,00048,861,59447,269,49744,998,84634,387,00032,001,20330,318,28929,214,91236,255,00027,913,93826,545,39524,928,52027,351,44521,837,94117,656,53716,756,53518,308,65715,268,78214,914,58914,642,38916,714,46013,493,93912,734,07712,444,03513,894,97911,370,94910,605,23310,052,23811,051,3188,110,3158,000,5097,536,4188,357,9587,532,1967,033,2496,824,477
   Common Stock
3,003,896
3,511,496
3,548,795
3,903,786
3,562,510
4,112,558
4,036,605
4,513,271
4,812,963
4,706,083
4,741,282
5,014,425
4,766,846
8,067,258
8,114,887
8,355,902
8,108,569
8,238,080
8,321,561
0
8,368,870
0
0
0
0
0
0
0
0
0
0
0
29,000,000
45,000,000
45,000,000
0
45,000,000
21,046,000
45,000,000
0
45,000,000
45,000,000
45,000,000
45,000,000
45,000,000
45,000,000
45,000,000
45,000,000
45,000,000
60,000,000
60,000,000
60,000,000
60,000,000
75,000,000
75,000,000
75,000,000
75,000,000
85,148,000
85,148,000
85,148,000
85,148,000
85,148,000
97,148,000
97,148,000
97,148,000
97,148,000
97,148,000
97,148,000
97,148,000
97,148,000
97,148,000
97,148,000
97,148,000
97,148,000
97,148,000
97,148,000
97,148,000
97,148,000
97,148,000
97,148,000
97,148,000
90,729,000
90,729,000
90,729,000
90,729,000
90,729,000
90,729,000
90,729,000
90,729,000
90,729,000
90,729,000
90,729,000
90,729,000
90,729,000
90,729,000
90,729,000
124,063,000
124,063,00090,729,00090,729,00090,729,00090,729,00090,729,00090,729,00090,729,00090,729,00090,729,00090,729,00090,729,00090,729,00090,729,00090,729,00090,729,00097,148,00097,148,00097,148,00097,148,00097,148,00097,148,00097,148,00097,148,00097,148,00097,148,00097,148,00097,148,00097,148,00097,148,00097,148,00097,148,00097,148,00097,148,00097,148,00085,148,00085,148,00085,148,00085,148,00085,148,00075,000,00075,000,00075,000,00075,000,00060,000,00060,000,00060,000,00060,000,00045,000,00045,000,00045,000,00045,000,00045,000,00045,000,00045,000,00045,000,00045,000,000045,000,00021,046,00045,000,000045,000,00045,000,00029,000,000000000000008,368,87008,321,5618,238,0808,108,5698,355,9028,114,8878,067,2584,766,8465,014,4254,741,2824,706,0834,812,9634,513,2714,036,6054,112,5583,562,5103,903,7863,548,7953,511,4963,003,896
   Retained Earnings 
3,797,379
3,625,867
4,108,998
3,868,952
4,171,260
4,011,447
4,465,007
5,136,279
5,450,016
5,810,778
1,718,903
7,163,877
4,753,106
2,596,368
3,178,626
6,990,697
6,585,723
5,337,062
6,113,937
9,687,874
7,887,019
0
0
13,343,053
10,232,886
11,827,039
13,492,590
19,183,000
15,778,754
14,418,990
15,840,477
16,014,000
0
2,702,127
0
11,185,000
8,103,585
16,319,000
0
19,066,000
0
0
0
5,561,000
0
0
0
7,379,000
8,395,000
9,558,000
10,829,000
12,138,000
13,331,000
13,918,000
14,966,000
16,301,000
16,458,000
17,163,000
20,690,000
20,947,000
22,388,000
23,710,000
24,330,000
23,740,000
25,573,000
26,917,000
27,177,000
26,030,000
26,866,000
28,204,000
29,481,000
29,666,000
29,917,000
29,602,000
29,833,000
29,878,000
31,519,000
28,410,000
28,510,000
47,347,000
52,066,000
55,158,000
59,866,000
66,161,000
70,216,000
75,831,000
82,543,000
86,209,000
90,688,000
96,273,000
98,543,000
104,465,000
100,239,000
107,247,000
0
0
80,005,000
80,005,00000107,247,000100,239,000104,465,00098,543,00096,273,00090,688,00086,209,00082,543,00075,831,00070,216,00066,161,00059,866,00055,158,00052,066,00047,347,00028,510,00028,410,00031,519,00029,878,00029,833,00029,602,00029,917,00029,666,00029,481,00028,204,00026,866,00026,030,00027,177,00026,917,00025,573,00023,740,00024,330,00023,710,00022,388,00020,947,00020,690,00017,163,00016,458,00016,301,00014,966,00013,918,00013,331,00012,138,00010,829,0009,558,0008,395,0007,379,0000005,561,00000019,066,000016,319,0008,103,58511,185,00002,702,127016,014,00015,840,47714,418,99015,778,75419,183,00013,492,59011,827,03910,232,88613,343,053007,887,0199,687,8746,113,9375,337,0626,585,7236,990,6973,178,6262,596,3684,753,1067,163,8771,718,9035,810,7785,450,0165,136,2794,465,0074,011,4474,171,2603,868,9524,108,9983,625,8673,797,379
   Accumulated Other Comprehensive Income 
202,481
174,525
176,396
671,145
175,212
118,361
-141,953
1,500,884
171,364
332,603
5,158,484
1,759,954
3,310,780
2,551,990
2,672,112
1,341,300
345,834
2,254,131
1,588,680
828,921
341,708
10,438,412
9,997,588
1,428,775
188,175
143,393
125,611
3,094,000
-11,495
432,597
468,769
2,583,000
16,774,334
0
4,096,766
937,000
0
-283,000
12,367,662
21,013,000
18,697,311
21,543,542
24,520,164
24,305,000
30,681,000
33,606,000
30,284,000
24,158,000
23,322,000
8,818,000
10,495,000
11,955,000
11,758,000
-136,000
3,739,000
7,779,000
9,162,000
2,463,000
5,845,000
8,777,000
8,290,000
8,647,000
62,000
-696,000
-402,000
2,900,000
7,783,000
9,013,000
-1,143,000
1,180,000
3,285,000
9,668,000
-2,732,000
2,579,000
1,661,000
8,998,000
186,000
5,005,000
8,882,000
46,752,000
48,616,000
51,163,000
55,284,000
60,413,000
60,301,000
64,476,000
71,945,000
74,815,000
78,872,000
85,960,000
90,514,000
96,839,000
92,828,000
101,071,000
108,513,000
118,538,000
-3,182,000
-3,182,000118,538,000108,513,000101,071,00092,828,00096,839,00090,514,00085,960,00078,872,00074,815,00071,945,00064,476,00060,301,00060,413,00055,284,00051,163,00048,616,00046,752,0008,882,0005,005,000186,0008,998,0001,661,0002,579,000-2,732,0009,668,0003,285,0001,180,000-1,143,0009,013,0007,783,0002,900,000-402,000-696,00062,0008,647,0008,290,0008,777,0005,845,0002,463,0009,162,0007,779,0003,739,000-136,00011,758,00011,955,00010,495,0008,818,00023,322,00024,158,00030,284,00033,606,00030,681,00024,305,00024,520,16421,543,54218,697,31121,013,00012,367,662-283,0000937,0004,096,766016,774,3342,583,000468,769432,597-11,4953,094,000125,611143,393188,1751,428,7759,997,58810,438,412341,708828,9211,588,6802,254,131345,8341,341,3002,672,1122,551,9903,310,7801,759,9545,158,484332,603171,3641,500,884-141,953118,361175,212671,145176,396174,525202,481
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,175,000
1,867,000
2,025,000
2,192,000
2,519,000
2,024,000
1,990,000
2,121,000
2,250,000
1,915,000
2,088,000
2,272,000
2,480,000
2,067,000
2,273,000
2,426,000
0
0
0
0
0
0
0000002,426,0002,273,0002,067,0002,480,0002,272,0002,088,0001,915,0002,250,0002,121,0001,990,0002,024,0002,519,0002,192,0002,025,0001,867,0002,175,000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock0000000000000-528,000-528,000-528,000-533,000-907,000-907,000-907,000-912,000-1,274,000000000000000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
-179,279
-278,637
-301,993
-85,925
-372,564
-241,857
-249,344
-99,115
-382,106
-244,230
-247,720
-43,278
-386,697
-481,539
-471,687
-3,941,563
-397,736
-914,684
-755,396
3,815,374
158,938
7,218,125
11,840,353
12,579,618
14,507,459
14,574,962
14,295,738
5,418,000
13,447,653
15,466,703
15,691,957
5,908,000
-775,488
-432,630
-235,172
32,947,000
-129,053
12,835,000
-142,590
1,588,000
33,225
-460,746
-1,314,451
-925,000
-715,000
-731,000
-674,000
-635,000
-462,000
-640,000
-984,000
-870,000
-608,000
-532,000
-248,000
180,000
-255,000
-815,000
-1,940,000
-2,620,000
-2,739,000
78,000
402,000
-97,000
-156,000
-1,021,000
-698,000
-813,000
160,000
-196,000
-35,000
300,000
421,000
585,000
738,000
901,000
955,000
1,118,000
1,285,000
-907,000
1,491,000
1,462,000
1,593,000
1,722,000
1,836,000
2,017,000
2,201,000
2,409,000
1,949,000
2,164,000
2,393,000
2,609,000
1,990,000
1,949,000
2,123,000
1,823,000
254,000
254,0001,823,0002,123,0001,949,0001,990,0002,609,0002,393,0002,164,0001,949,0002,409,0002,201,0002,017,0001,836,0001,722,0001,593,0001,462,0001,491,000-907,0001,285,0001,118,000955,000901,000738,000585,000421,000300,000-35,000-196,000160,000-813,000-698,000-1,021,000-156,000-97,000402,00078,000-2,739,000-2,620,000-1,940,000-815,000-255,000180,000-248,000-532,000-608,000-870,000-984,000-640,000-462,000-635,000-674,000-731,000-715,000-925,000-1,314,451-460,74633,2251,588,000-142,59012,835,000-129,05332,947,000-235,172-432,630-775,4885,908,00015,691,95715,466,70313,447,6535,418,00014,295,73814,574,96214,507,45912,579,61811,840,3537,218,125158,9383,815,374-755,396-914,684-397,736-3,941,563-471,687-481,539-386,697-43,278-247,720-244,230-382,106-99,115-249,344-241,857-372,564-85,925-301,993-278,637-179,279



6.4. Balance Sheets

Currency in BRL. All numbers in thousands.




6.5. Cash Flows

Currency in BRL. All numbers in thousands.




6.6. Income Statements

Currency in BRL. All numbers in thousands.


6.7. Latest Income Statement

Income Statement (annual), 2024-12-31. Currency in BRL. All numbers in thousands.

Gross Profit (+$)
totalRevenue325,846,000
Cost of Revenue-196,746,000
Gross Profit129,100,000129,100,000
 
Operating Income (+$)
Gross Profit129,100,000
Operating Expense-81,544,000
Operating Income47,556,00047,556,000
 
Operating Expense (+$)
Research Development-
Selling General Administrative53,732,000
Selling And Marketing Expenses1,976,000
Operating Expense81,544,00055,708,000
 
Net Interest Income (+$)
Interest Income242,258,000
Interest Expense-167,278,000
Other Finance Cost-0
Net Interest Income74,980,000
 
Pretax Income (+$)
Operating Income47,556,000
Net Interest Income74,980,000
Other Non-Operating Income Expenses-
Income Before Tax (EBT)47,556,00053,545,000
EBIT - interestExpense = -119,722,000
46,513,000
208,363,000
Interest Expense167,278,000
Earnings Before Interest and Taxes (EBIT)47,556,000214,834,000
Earnings Before Interest and Taxes (EBITDA)53,996,000
 
After tax Income (+$)
Income Before Tax47,556,000
Tax Provision-5,428,000
Net Income From Continuing Ops42,128,00042,128,000
Net Income41,085,000
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses278,290,000
Total Other Income/Expenses Net-5,989,000-74,980,000
 

Technical Analysis of Itaú Unibanco Holding S.A.
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Itaú Unibanco Holding S.A.. The general trend of Itaú Unibanco Holding S.A. is BULLISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Itaú Unibanco Holding S.A.'s overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (57.1%) Bearish trend (-57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Itaú Unibanco Holding S.A. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Itaú Unibanco Holding S.A..

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 32.14 < 33.76 < 33.81.

The bearish price targets are: 28.68 > 28.44 > 28.20.

Know someone who trades $ITUB3? Share this with them.👇

Itaú Unibanco Holding S.A. Daily Support & Resistance Chart
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2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Itaú Unibanco Holding S.A.. The current mas is .

The long score for the Moving Averages is 11/14.
The longshort score for the Moving Averages is 8/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Itaú Unibanco Holding S.A. Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Itaú Unibanco Holding S.A.. The current macd is 0.03770568.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Itaú Unibanco Holding S.A. price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Itaú Unibanco Holding S.A.. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Itaú Unibanco Holding S.A. price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Itaú Unibanco Holding S.A. Daily Moving Average Convergence/Divergence (MACD) ChartItaú Unibanco Holding S.A. Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Itaú Unibanco Holding S.A.. The current adx is 23.64.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Itaú Unibanco Holding S.A. shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Itaú Unibanco Holding S.A. Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Itaú Unibanco Holding S.A.. The current sar is 33.70.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Itaú Unibanco Holding S.A. Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Itaú Unibanco Holding S.A.. The current rsi is 39.05. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending down: The RSI is trending down. -1
Itaú Unibanco Holding S.A. Daily Relative Strength Index (RSI) ChartItaú Unibanco Holding S.A. Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Itaú Unibanco Holding S.A.. The current phase is Oversold in bull market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Itaú Unibanco Holding S.A. price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
Itaú Unibanco Holding S.A. Daily Stochastic Oscillator ChartItaú Unibanco Holding S.A. Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Itaú Unibanco Holding S.A.. The current cci is -178.37235229.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Itaú Unibanco Holding S.A. Daily Commodity Channel Index (CCI) ChartItaú Unibanco Holding S.A. Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Itaú Unibanco Holding S.A.. The current cmo is -36.1808694.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Itaú Unibanco Holding S.A. Daily Chande Momentum Oscillator (CMO) ChartItaú Unibanco Holding S.A. Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Itaú Unibanco Holding S.A.. The current willr is -89.47368421.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Itaú Unibanco Holding S.A. Daily Williams %R ChartItaú Unibanco Holding S.A. Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Itaú Unibanco Holding S.A..

Itaú Unibanco Holding S.A. Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Itaú Unibanco Holding S.A.. The current atr is 0.58530079.

Itaú Unibanco Holding S.A. Daily Average True Range (ATR) ChartItaú Unibanco Holding S.A. Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Itaú Unibanco Holding S.A.. The current obv is 23,654,350.

Itaú Unibanco Holding S.A. Daily On-Balance Volume (OBV) ChartItaú Unibanco Holding S.A. Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Itaú Unibanco Holding S.A.. The current mfi is 38.04.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Itaú Unibanco Holding S.A. Daily Money Flow Index (MFI) ChartItaú Unibanco Holding S.A. Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Itaú Unibanco Holding S.A..

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2025-02-18RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-02-25STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-02-26STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-02-27CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-02-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-03-06WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-13WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-03-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-17ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-18STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-21RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2025-03-25STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-26RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-03-31CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-04-02CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-04-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-08STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-09CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-04-14SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-04-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-04-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-22STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-04-24ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-25STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-28WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-04-29STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-02MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-05-05STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-05-06RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2025-05-07STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-08CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-05-09BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-12STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-13STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-15STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-05-19BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-05-20MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-05-21SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-05-22RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2025-05-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-05-26STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-28RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-03CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-06STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-06-09MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-06-10STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-11STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-13STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-16SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-06-18STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-23CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-24STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-06-25STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-26CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-30STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-07-01CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-07-02STOCH LONG EXITThe %K line crosses below the %D line.
2025-07-03MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-07-07STOCH LONG EXITThe %K line crosses below the %D line.
2025-07-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-07-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).

6.3. Candlestick Patterns

Itaú Unibanco Holding S.A. Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Itaú Unibanco Holding S.A. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5039.049
Ma 20Greater thanMa 5032.661
Ma 50Greater thanMa 10032.482
Ma 100Greater thanMa 20030.011
OpenGreater thanClose31.700
Total4/5 (80.0%)
Penke
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