ITUB Stock Recent News

Itau Unibanco (ITUB) unveils its plan to merge with its subsidiary, Hipercard. This is set to help the company achieve greater synergy, streamline costs and improve efficiency.

Itau Unibanco's (ITUB) first-quarter earnings reflect higher revenues and strength in balance sheet position. However, an increase in expenses is a near-term concern.

Itaú is the largest bank in Latin America, and is modernizing to face the competition generated by fintechs, such as Nu Holdings. It is worth remembering that banking operations in Brazil are complex, and even with competition from fintechs, Itaú has more than 100 years and a extensive know-how to operate credit. The company trades at a low P/E multiple of 7.5x, with expectations of excellent results and good dividends in 2024.

Investors looking for stocks in the Banks - Foreign sector might want to consider either KB Financial (KB) or Banco Itau (ITUB). But which of these two stocks presents investors with the better value opportunity right now?

Itau Unibanco (ITUB) benefits from steady growth in asset management and credit operations. However, rising expenses, weak credit quality and intense competition are major headwinds.

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?

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?

A rise in operating expenses hinders UBS' Q4 earnings. Though the Business divisions' performances have not been so impressive, it managed to report higher revenues.

Increased operating revenues and managerial financial margin are partially offset by escalating costs for Itau Unibanco (ITUB) in fourth-quarter 2023.

Brazil's largest private lender, Itau Unibanco , reported on Monday a 4% increase in fourth-quarter recurring net profit compared with the previous year.