Itaú Unibanco (ITUB) to Release Earnings on Wednesday

Itaú Unibanco (NYSE:ITUB - Get Free Report) will likely be announcing its Q1 2025 earnings results before the market opens on Wednesday, April 30th. Analysts expect the company to announce earnings of $0.16 per share and revenue of $43.61 billion for the quarter.

Itaú Unibanco (NYSE:ITUB - Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The bank reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.01). Itaú Unibanco had a return on equity of 19.46% and a net margin of 12.25%. On average, analysts expect Itaú Unibanco to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Itaú Unibanco Stock Up 0.7 %

Shares of ITUB stock traded up $0.05 on Monday, reaching $6.19. 12,909,000 shares of the stock were exchanged, compared to its average volume of 24,043,196. The company has a market capitalization of $66.68 billion, a price-to-earnings ratio of 7.93, a PEG ratio of 0.89 and a beta of 0.65. The company has a current ratio of 1.34, a quick ratio of 1.75 and a debt-to-equity ratio of 2.32. The business's 50 day moving average price is $5.44 and its 200 day moving average price is $5.25. Itaú Unibanco has a twelve month low of $4.42 and a twelve month high of $6.30.

Itaú Unibanco Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 14th. Investors of record on Wednesday, February 19th were paid a $0.0527 dividend. This is a boost from Itaú Unibanco's previous dividend of $0.00. The ex-dividend date of this dividend was Wednesday, February 19th. Itaú Unibanco's dividend payout ratio is presently 2.82%.

Analyst Upgrades and Downgrades

ITUB has been the topic of several recent research reports. HSBC upgraded shares of Itaú Unibanco from a "hold" rating to a "buy" rating and set a $6.18 target price on the stock in a report on Monday, January 13th. UBS Group upgraded Itaú Unibanco from a "neutral" rating to a "buy" rating in a report on Friday, January 17th. Finally, Hsbc Global Res raised Itaú Unibanco to a "strong-buy" rating in a research report on Monday, January 13th. Four research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Itaú Unibanco presently has an average rating of "Buy" and a consensus price target of $6.27.

Itaú Unibanco Company Profile

Itaú Unibanco Holding SA offers a range of financial products and services to individuals and corporate customers in Brazil and internationally. The company operates through three segments: Retail Banking, Wholesale Banking, and Activities with the Market + Corporation. It offers current account; loans; credit and debit cards; investment and commercial banking services; real estate lending services; financing and investment services; economic, financial and brokerage advisory; and leasing and foreign exchange services.