Itau Unibanco Holding S.A.
ITUB · State Commercial Banks · EDGAR filings ↗
Reference price $9.53 — last insider sale, 2026-04-17 (estimated from the dated SEC Form 4 price — not a live quote)
Grade
B77Dominant Brazilian banking franchise with top-decile ROE and ROA among peers.
Strengths
- ROE ~14.4% (92nd pct) and ROA ~1.5% (86th pct) — strong returns for a bank
- Largest private bank in Brazil with scale, diversified franchise and improving NPLs (2.3%)
Risks
- Heavy exposure to Brazilian macro/political and FX volatility
- Stale/inconsistent period labeling and bank cash-flow artifacts reduce data clarity
Notable findings
- Strong balance sheetStrong balance sheet — $19.0B cash & investments
- Revenue declineRevenue -14.9% YoY
- Insider sellingInsider selling — 4 open-market sale(s) by 2 insider(s) (cluster of 2 insiders, ~$3M, last 6mo) Form 4 ↗
Key metrics
Net margin
25.1%
Return on equity
19.0%
Return on assets
1.5%
Revenue growth (QoQ)
-14.9%
Net-income growth
-2.4%
Free cash flow
$847M
Tangible book value
$35.8B
Cash & investments
$19.0B
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-08 | Egydio Setubal Roberto | Grant | 76K | — |
| 2026-05-08 | Villela Marino Ricardo | Grant | 48K | — |
| 2026-05-08 | Moreira Salles Pedro | Grant | 76K | — |
| 2026-05-08 | Bodin de Moraes Pedro Luiz | Grant | 21K | — |
| 2026-05-08 | Antunes Veras Paulo | Grant | 21K | — |
| 2026-05-08 | Santana Maria Helena dos Santos Fernandes de | Grant | 21K | — |
| 2026-05-08 | Lutz Marcos M | Grant | 21K | — |
| 2026-05-08 | Moreira Salles Joao | Grant | 21K | — |
| 2026-05-08 | Bloisi Rocha Fabricio | Grant | 21K | — |
| 2026-05-08 | Gon Cesar Nivaldo | Grant | 21K | — |
| 2026-05-08 | Bracher Candido | Grant | 21K | — |
| 2026-05-08 | de Mattos Barretto Villela Ana Lucia | Grant | 21K | — |
| 2026-05-08 | Egydio Setubal Alfredo | Grant | 21K | — |
| 2026-04-17 | Guillinet Fajerman Sergio | Sell | 39K | $9.53 |
| 2026-04-15 | Guillinet Fajerman Sergio | Sell | 20K | $9.45 |
| 2026-04-14 | Guillinet Fajerman Sergio | Sell | 50K | $9.38 |
| 2026-04-08 | Teixeira Rodrigues Andre Luis | Sell | 183K | $8.82 |
All non-derivative Form 4 activity (SEC), newest first.
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2026-04-30 | 2025-12-31 | 0001132597-26-000132 ↗ |
| 20-F | 2025-04-28 | 2024-12-31 | 0001292814-25-001684 ↗ |
| 20-F | 2024-04-29 | 2023-12-31 | 0001292814-24-001692 ↗ |
| 20-F | 2023-04-28 | 2022-12-31 | 0001292814-23-001950 ↗ |
| 20-F | 2022-04-28 | 2021-12-31 | 0001193125-22-127927 ↗ |
| 20-F | 2021-04-30 | 2020-12-31 | 0001193125-21-145469 ↗ |
| 20-F | 2020-04-27 | 2019-12-31 | 0001193125-20-121170 ↗ |