Itaú Unibanco Holding SA provides a range of financial products and services to individuals and corporate clients in Brazil and internationally. The company operates in three segments: Retail Banking, Wholesale Banking, and Activities with the Market + Corporation. It accepts demand, savings, and time deposits; and offers payroll, mortgage, personal, vehicle, and corporate loans, as well as very small, small, and middle market loans.
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Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Phone55-11-2794-3547
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$46.96 billion
Profitability
Miscellaneous
Employees100,335
Next Earnings Date11/4/2019 (Estimated)
OptionableOptionable
Itau Unibanco (NYSE:ITUB) Frequently Asked Questions
What is Itau Unibanco's stock symbol?
Itau Unibanco trades on the New York Stock Exchange (NYSE) under the ticker symbol "ITUB."
How often does Itau Unibanco pay dividends? What is the dividend yield for Itau Unibanco?
Itau Unibanco declared a None dividend on Wednesday, July 31st. Investors of record on Monday, August 19th will be paid a dividend of $0.21 per share on Tuesday, September 3rd. The ex-dividend date is Friday, August 16th. This is a boost from Itau Unibanco's previous None dividend of $0.00. View Itau Unibanco's Dividend History.
How will Itau Unibanco's stock buyback program work?
Itau Unibanco declared that its Board of Directors has approved a share repurchase plan on Tuesday, December 19th 2017, which permits the company to buyback 28,620,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback plans are often a sign that the company's board of directors believes its stock is undervalued.
How were Itau Unibanco's earnings last quarter?
Itau Unibanco Holding SA (NYSE:ITUB) announced its earnings results on Wednesday, August, 3rd. The bank reported $0.29 earnings per share for the quarter, beating analysts' consensus estimates of $0.24 by $0.05. The bank earned $9.03 billion during the quarter, compared to the consensus estimate of $7.38 billion. Itau Unibanco had a return on equity of 18.40% and a net margin of 15.57%. View Itau Unibanco's Earnings History.
When is Itau Unibanco's next earnings date?
What price target have analysts set for ITUB?
7 analysts have issued 12-month price targets for Itau Unibanco's shares. Their predictions range from $13.50 to $13.50. On average, they expect Itau Unibanco's stock price to reach $13.50 in the next year. This suggests a possible upside of 57.3% from the stock's current price. View Analyst Price Targets for Itau Unibanco.
What is the consensus analysts' recommendation for Itau Unibanco?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Itau Unibanco in the last year. There are currently 1 sell rating, 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Itau Unibanco.
Has Itau Unibanco been receiving favorable news coverage?
Media coverage about ITUB stock has been trending negative recently, InfoTrie Sentiment reports. The research group rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Itau Unibanco earned a news impact score of -2.3 on InfoTrie's scale. They also assigned news headlines about the bank a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Itau Unibanco.
Are investors shorting Itau Unibanco?
Itau Unibanco saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 18,370,100 shares, an increase of 36.1% from the June 30th total of 13,497,900 shares. Based on an average daily volume of 18,420,000 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.4% of the shares of the stock are sold short. View Itau Unibanco's Current Options Chain.
Who are some of Itau Unibanco's key competitors?
Some companies that are related to Itau Unibanco include Banco Bradesco (BBD), SBERBANK RUSSIA/S (SBRCY), BANCO BRADESCO/S (BBDO), Bank of Nova Scotia (BNS), Bank of New York Mellon (BK), M&T Bank (MTB), Fifth Third Bancorp (FITB), State Street (STT), Northern Trust (NTRS), Citizens Financial Group (CFG), Deutsche Bank (DB), SVB Financial Group (SIVB), Signature Bank (SBNY), Commerce Bancshares (CBSH) and East West Bancorp (EWBC).
What other stocks do shareholders of Itau Unibanco own?
Who are Itau Unibanco's key executives?
Itau Unibanco's management team includes the folowing people:
- Mr. Candido Botelho Bracher, CEO, Exec. Pres & Member of Board of Exec. Officers (Age 61)
- Mr. Milton Maluhy Filho, CFO, VP of Risk & Fin. Control Area and Member of Board of Exec. Officers
- Ms. Claudia Politanski, Exec. VP & Member of Board of Exec. Officers (Age 49)
- Mr. Jay Bum Ahn, Wholesale Gen. Director & & Member of Board of Exec. Officers (Age 56)
- Mr. Emerson Macedo Bortoloto, Officer & Member of the Board of Exec. Officers (Age 42)
Who are Itau Unibanco's major shareholders?
Itau Unibanco's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Schroder Investment Management Group (0.81%), BlackRock Inc. (0.62%), Vanguard Group Inc. (0.57%), Vontobel Asset Management Inc. (0.49%), Fisher Asset Management LLC (0.45%) and Baillie Gifford & Co. (0.45%).
Which institutional investors are selling Itau Unibanco stock?
ITUB stock was sold by a variety of institutional investors in the last quarter, including Axiom International Investors LLC DE, Renaissance Technologies LLC, AQR Capital Management LLC, Menora Mivtachim Holdings LTD., Russell Investments Group Ltd., Vanguard Group Inc., Schroder Investment Management Group and Marshall Wace North America L.P..
Which institutional investors are buying Itau Unibanco stock?
ITUB stock was acquired by a variety of institutional investors in the last quarter, including Invesco Ltd., Bank of America Corp DE, TT International, BlackRock Inc., Bessemer Group Inc., Vontobel Asset Management Inc., INCA Investments LLC and GW&K Investment Management LLC.
How do I buy shares of Itau Unibanco?
Shares of ITUB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Itau Unibanco's stock price today?
One share of ITUB stock can currently be purchased for approximately $8.58.
How big of a company is Itau Unibanco?
Itau Unibanco has a market capitalization of $83.35 billion and generates $46.96 billion in revenue each year. The bank earns $6.81 billion in net income (profit) each year or $0.67 on an earnings per share basis. Itau Unibanco employs 100,335 workers across the globe.View Additional Information About Itau Unibanco.
What is Itau Unibanco's official website?
How can I contact Itau Unibanco?
Itau Unibanco's mailing address is Praca Alfredo Egydio de Souza Aranha 100, Sao Paulo D5, 04344-902. The bank can be reached via phone at 55-11-2794-3547 or via email at [email protected]
MarketBeat Community Rating for Itau Unibanco (NYSE ITUB)
MarketBeat's community ratings are surveys of what our community members think about Itau Unibanco and other stocks. Vote "Outperform" if you believe ITUB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ITUB will underperform the S&P 500 over the long term. You may vote once every thirty days.
