StockWatch
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Major Banks
Quarterly ResultAug 5, 2026, 11:27 AM

Itau Unibanco Q2 2026 Recurring Result R$12.4B; ROE 24.3%

AI Summary

Itau Unibanco Holding S.A. reported a recurring managerial result of R$12.4 billion for Q2 2026, marking a 7.8% year-over-year increase, with consolidated recurring managerial ROE reaching 24.3%. The bank's credit portfolio grew by 9.6% year-over-year to R$1,522 billion. Most of the 2026 guidance was maintained, though the financial margin with clients guidance was updated to a growth rate of 2.0% to 5.0%. The company also highlighted its digital transformation, AI initiatives, and strong ESG commitments.

Key Highlights

  • Recurring managerial result was R$12.4 billion in Q2 2026, up 7.8% YoY.
  • Consolidated recurring managerial ROE reached 24.3% in Q2 2026, up 1.0 p.p. YoY.
  • Credit portfolio grew 9.6% YoY to R$1,522 billion as of June 2026.
  • Financial margin with clients increased 5.1% YoY to R$32.6 billion.
  • Non-interest expenses rose 3.1% YoY to R$16.7 billion.
  • Common Equity Tier I (CET I) stood at 12.3% as of June 2026.
  • 2026 guidance for total credit portfolio growth maintained at 5.5% to 9.5%.
  • Financial margin with clients 2026 guidance updated to 2.0% to 5.0% growth.