Itaú Unibanco Announces Executive Appointments
TipRanks (Fri, 26-Apr 7:32 AM ET)
Itau Unibanco Reports Annual Meeting Highlights
TipRanks (Wed, 24-Apr 9:57 AM ET)
ITA UNIBANCO - Interactive Meeting 1Q24
PRNewswire (Mon, 22-Apr 9:12 AM ET)
PRNewswire (Mon, 15-Apr 2:39 PM ET)
Ita Unibanco Holding S.A. - MATERIAL FACT - Payment of interest on capital
PRNewswire (Mon, 4-Mar 4:58 PM ET)
ITA UNIBANCO - MATERIAL FACT - Stock Buyback Program
PRNewswire (Mon, 5-Feb 5:57 PM ET)
ITA UNIBANCO - MATERIAL FACT: PROJECTIONS 2024
PRNewswire (Mon, 5-Feb 5:36 PM ET)
ITA UNIBANCO - MATERIAL FACT - Payment of dividends and interest on capital
PRNewswire (Mon, 5-Feb 5:22 PM ET)
Ita Unibanco Holding S.A. Results for the 4th quarter of 2023
PRNewswire (Mon, 5-Feb 5:10 PM ET)
PRNewswire (Fri, 2-Feb 6:59 AM ET)
Itaú Unibanco is the largest privately held bank in Brazil, the result of the 2008 merger between Banco Itaú and Unibanco. In addition to Brazil, the bank has significant operations in Chile, Colombia, Argentina, Uruguay, and Paraguay. Its commercial and consumer loans account for 36% of the bank's total loans each, while foreign loans now account for 28% of the bank's portfolio. Itaú also operates the fifth- largest insurer in Brazil and is the second- largest asset manager in the country, giving it broad reach over the Brazilian financial system.
Itau Unibanco Banco Holding SA American Depositary Shares (Each repstg 500 Preferred shares) trades on the NYSE stock market under the symbol ITUB.
As of April 26, 2024, ITUB stock price climbed to $6.32 with 14,695,305 million shares trading.
ITUB has a market cap of $61.81 billion. This is considered a Large Cap stock.
Last quarter Itau Unibanco Banco Holding SA American Depositary Shares (Each repstg 500 Preferred shares) reported $8 billion in Revenue and $.19 earnings per share. This beat revenue expectation by $284 million and met earnings estimates .
In the last 3 years, ITUB stock traded as high as $7.27 and as low as $3.60.
ITUB has outperformed the market in the last year with a return of +35.4%, while the SPY ETF gained +27.0%. However, in the most recent history, ITUB shares have underperformed the stock market with its stock returning +1.0% in the last 3 month period and -2.0% for the last 2 week period, while SPY has returned +4.6% and -1.7%, respectively.
ITUB support price is $6.00 and resistance is $6.22 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ITUB stock will trade within this expected range on the day.