Quarterly ResultMay 6, 2026, 09:56 AM
Itau Unibanco Q1 2026 Recurring Managerial Result R$12.3B
AI Summary
Itau Unibanco Holding S.A. announced its 1st Quarter 2026 results, reporting a recurring managerial result of R$12.3 billion and a consolidated recurring managerial ROE of 24.8%. The credit portfolio grew to R$1,483 billion, while non-interest expenses decreased quarter-over-quarter. The company's NPL over 90 days remained stable, and its 2026 guidance was reaffirmed.
Key Highlights
- Recurring managerial result was R$12.3 billion, a 0.3% decrease vs 4Q25 but a 10.4% increase vs 1Q25.
- Consolidated recurring managerial ROE reached 24.8%, down 0.4 p.p. vs 4Q25 but up 2.3 p.p. vs 1Q25.
- Credit portfolio (ex-fx variation) totaled R$1,483 billion, up 1.2% vs Dec-25 and 9.0% vs Mar-25.
- Non-interest expenses were R$16.2 billion, a 5.0% decrease vs 4Q25 but a 4.8% increase vs 1Q25.
- NPL > 90 days remained stable at 1.7% compared to Dec-25 and Mar-25.
- Financial Margin with Clients was R$31.5 billion, down 0.7% vs 4Q25 but up 4.5% vs 1Q25.
- Commissions and Fees reached R$11.0 billion, a 7.1% decrease vs 4Q25 but a 2.4% increase vs 1Q25.
- The company's 2026 guidance remains unchanged.