Quarterly ResultMay 11, 2026, 11:56 AM
Itaú Unibanco Q1 Recurring Result R$11.4B, ROE 22.9%
AI Summary
Itaú Unibanco Holding S.A. reported a strong first quarter for 2026, with recurring results increasing 8.1% to R$11.4 billion and recurring ROE rising to 22.9%. Net income attributable to owners of the parent company grew 10.7% to R$11.6 billion. The credit portfolio expanded across all segments, and expected credit loss decreased. However, net interest income saw an 8.0% reduction. The company also announced new digital features, a R$3.3 billion Tier 2 Subordinated Financial Bills issuance, and a R$3.85 billion Interest on Capital payment.
Key Highlights
- Recurring Result for 1Q26 increased 8.1% to R$11.4 billion compared to 1Q25.
- Recurring Return on Average Equity (ROE) rose 250 bps to 22.9% in 1Q26.
- Net Income Attributable to Owners of the Parent Company grew 10.7% to R$11.6 billion.
- Credit Portfolio expanded to R$1.5 trillion, with 6.9% growth in individuals and 8.5% in companies in Brazil.
- Net Interest Income decreased 8.0% to R$29.7 billion, mainly due to securities sold under repurchase agreements.
- Expected Credit Loss from Financial Assets decreased 5.8% to R$9.0 billion.
- Services and Insurance income increased 4.8%, driven by a 16.5% rise in insurance contracts and private pension.
- Approved payment of R$3.85 billion in Interest on Capital (R$0.34888 per share gross) by August 31, 2026.
Price Impact
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