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Major Banks
Business UpdateAug 6, 2026, 09:58 AM

Itau Unibanco 2025 Reference Form Details Business Growth

AI Summary

Itau Unibanco Holding S.A. filed its 2025 Reference Form, detailing its business activities, financial performance, and market position across its Retail, Wholesale, and Market & Corporations segments. The report highlights significant growth in net operating revenue for Retail and Wholesale businesses, reaching R$112.2 billion and R$62.6 billion respectively in 2025. The company maintained market leadership in several key areas, including individuals loans, credit cards, acquiring business, asset management, and private banking, while also detailing recent strategic acquisitions and divestments.

Key Highlights

  • Retail Business net operating revenue grew to R$112.2 billion in 2025.
  • Wholesale Business net operating revenue increased to R$62.6 billion in 2025.
  • Acquired 100% of Red Visual S.A. (Uruguay) in 2025.
  • Achieved 50.1% ownership in Avenue Holding Cayman in 2026.
  • Individuals loans market share was 10.7% in 2025, largest private bank.
  • Acquiring business processed R$1,025.4 billion in 2025, up 11.7%.
  • Private Banking market share increased to 31.1% in 2025, up 2.1%.
  • Asset Management AUM reached R$1,236 billion in 2025.