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Investors interested in Banks - Foreign stocks are likely familiar with The Bank of East Asia Ltd. (BKEAY) and Banco Itau (ITUB).
Itaú Unibanco reported solid Q4 2024 results, with record net profits, controlled credit costs, and improved asset quality, despite slightly missing EPS estimates. The bank's conservative 2025 guidance reflects Brazil's challenging macroeconomic scenario, but Itaú remains well-positioned with strong profitability and capital hedging. Itaú's dividend yield of 9% is attractive, especially given Brazil's high equity risk premium, reinforcing its value for shareholders.
Itaú Unibanco Holding S.A. (NYSE:ITUB ) Q4 2024 Earnings Conference Call February 6, 2025 8:00 AM ET Company Participants Renato Lulia - Group Head of Corporate Strategy, Investor Relations & Corporate Development Milton Maluhy - Chief Executive Officer Conference Call Participants Daniel Vaz - Safra Bank Bernardo Guttmann - XP Tito Labarta - Goldman Sachs Thiago Batista - UBS Mario Pierry - Bank of America Yuri Fernandes - JPMorgan Renato Meloni - Autonomous Jorge Echevarria - Morgan Stanley Brian Flores - Citibank Carlos Gomez - HSBC Renato Lulia Good morning, everyone.
ITUB's fourth-quarter 2024 results benefit from an increase in managerial financial margin. However, a rise in non-interest expenses acts as a spoilsport.
Stock Buyback Program SÃO PAULO, Feb. 5, 2025 /PRNewswire/ -- ITAÚ UNIBANCO HOLDING S.A. informs its stockholders that the Board of Directors, meeting on February 5, 2025, has resolved to: (i) terminate early, as of this date, the stock buyback program approved at the Board meeting held on February 5, 2024, which would terminate on August 4, 2025; and (ii) approve the new stock buyback program[1], to be effective as of this date through February 5, 2026, authorizing the purchase of up to 200,000,000 preferred shares issued by the Company, with no reduction of capital.
SÃO PAULO, Feb. 5, 2025 /PRNewswire/ -- Itaú Unibanco Holding S.A. ("Itaú Unibanco" or "Company"), in compliance with the provisions of Article 157, paragraph 4 of Law No.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Banco Itau (ITUB) have what it takes?
Investors may keep a tab on stocks like PECO, RICK, ITUB, LOW and LRCX, which have lately hiked their dividend payments.
Itaú Unibanco is a solid financial institution in Brazil with high net profit and a large customer base. In Q2, Itaú reported R$10bn in net income, outperforming peers like Banco do Brasil and Nu Holdings. Itaú's strong Q2 earnings solidified its track record, with robust quality indicators and a focus on security and predictability in the banking sector.
Itaú Unibanco Holding S.A. (NYSE:ITUB ) Q2 2024 Earnings Conference Call August 7, 2024 9:00 AM ET Company Participants Renato Lulia - Group Head of Corporate Strategy, Investor Relations and Corporate Development Milton Maluhy - CEO Conference Call Participants Renato Meloni - Autonomous Tito Labarta - Goldman Sachs Eduardo Rosman - BTG Pactual Brian Flores - Citibank Thiago Batista - UBS Mario Pierri - BofA Arnon Shirazi - Santander Nicolas Riva - Bank of America Carlos Gomez - HSBC Renato Lulia Hello, good morning, everyone, and thank you for joining this videoconference to talk about our earnings for the second quarter of 2024.