Itau Unibanco Holding SA ADR Dossier
Outlook & Key Dates
Estimates, guidance, catalysts, and upcoming events
Analyst Estimates Learn more →
5-Yr Fwd EPS Growth
12.7%projected annual EPS growth
Analyst Coverage
8analysts covering
FY Revenue (est.)
$31.3Bnext fiscal year
FY EPS (est.)
$0.14next fiscal year
Monitoring Framework
Key Performance Indicators
Recurring Return on Average Equity (ROE) Quarterly24.8Target: Above 20.0%
Efficiency Ratio (Brazil) Quarterly3,490.0%Target: Continued structural improvement
Common Equity Tier 1 (CET1) Ratio Quarterly1,200.0%Target: 11.5% (capital appetite floor) / 12.0% (dividend target)
Total Credit Portfolio Growth (YoY, ex-FX) Quarterly900.0%Target: 5.5% to 9.5%
Watch Items
- Selic Interest Rate Easing CycleTrigger: Drop to 12.75% or lower in 2026Action: Monitor net interest margin (NIM) compression and client financial margin sensitivity.
- Credit Quality and Delinquency (NPL 90+ days)Trigger: Exceeding 2.5% on a consolidated basisAction: Evaluate provisioning levels (cost of credit guidance of R$38.5bn to R$43.5bn) and adjust credit underwriting criteria.
- Effective Tax Rate ChangesTrigger: Exceeding the guided 29.5% to 32.5% rangeAction: Assess impact on net income and adjust capital allocation or payout strategies.
Research as of 2 Sep 2026