Itau Unibanco Holding S.A.

Research Itau Unibanco Holding S.A. (ITUB) on Bullrun: valuation model: 21.1% overvalued, market cap USD 54.91B, P/E 13.2, dividend yield 5.7%. Explore financials, valuation history, model signals, and stock context.

Key Metrics

TickerITUB
ExchangeNYSE
CountryBrazil
SectorFinancial Services
IndustryBanks-Regional
CurrencyUSD
Valuation signal21.1% overvalued
Market capUSD 54.91B
P/E13.2
Dividend yield5.7%
Financial periodQ2 2026
RevenueBRL 43.95B
Net incomeBRL 11.98B
Free cash flowBRL 69.42B

Valuation Snapshot

Bullrun's latest valuation model marks Itau Unibanco Holding S.A. as 21.1% overvalued; latest market cap is USD 54.91B; P/E is 13.2; dividend yield is 5.7%.

Peer valuation comparison

Latest P/E is 13.24x versus a Financial Services sector median of 13.39x.

Latest dividend yield is 5.66% versus a Financial Services sector median of 3.66% (54.9% above).

Five-year financial history

Year	Revenue	Net income	Free cash flow	Gross margin	Diluted EPS	Cash	Total debt	Equity
FY2025	BRL 165.24B	BRL 44.86B	BRL 27.35B	n/a	4.01	BRL 270.61B	BRL 563.70B	BRL 204.50B
FY2024	BRL 158.57B	BRL 41.09B	BRL 546.00M	n/a	3.68	BRL 263.76B	BRL 516.84B	BRL 211.09B
FY2023	BRL 148.38B	BRL 33.11B	BRL 68.63B	n/a	2.96	BRL 228.41B	BRL 451.83B	BRL 190.18B
FY2022	BRL 136.38B	BRL 29.21B	BRL 121.14B	n/a	2.62	BRL 210.72B	BRL 427.96B	BRL 167.72B

Valuation history

Year	Snapshot date	Market cap	P/E	Dividend yield	Annual dividend/share
2026	2026-10-09	USD 54.91B	13.2	5.6%	0.57
2025	2025-12-31	USD 78.95B	10.1	10.6%	0.76
2024	2024-12-31	USD 48.51B	6.0	9.4%	0.41
2023	2023-12-29	USD 68.09B	9.9	3.1%	0.19
2022	2022-12-30	USD 46.19B	8.3	3.1%	0.13
2021	2021-12-31	USD 36.68B	6.5	3.3%	0.11

Dividend history

Latest trailing dividend snapshot: annual dividend/share 0.57 USD, yield 5.7%.

Year	Dividends/share
FY2025	0.79 BRL
FY2024	0.44 BRL
FY2023	0.23 BRL
FY2022	0.18 BRL

About Itau Unibanco Holding S.A.

Itaú Unibanco Holding S.A. provides various financial products and services to personal and corporate customers in Brazil and internationally. It operates through three segments: Retail Business, Wholesale Business and Activities with the Market + Corporation. The company offers current accounts; funds management; payments and collections; loans; credit and debit cards; investment and commercial banking services; real estate lending and financing services; economic, financial and brokerage advisory;

ETFs that hold Itau Unibanco Holding S.A.

Itau Unibanco Holding S.A. is one of the ten largest holdings of 3 ETFs that investors in Europe can buy, most traded first:

ETF	Weight	TER
Franklin FTSE Brazil UCITS ETF	9.76%	0.19%
HSBC Emerging Market Screened Equity UCITS ETF	2.54%	0.18%
HSBC Emerging Market Screened Equity UCITS ETF USD Dis	2.18%	0.18%

Related stock research

Brazil stocks Brazil Financial Services stocks A-Z stock index

Other Financial Services stocks

AGI Inc - Class A (AGBK) Banco Bradesco S.A. (BBD) Banco Bradesco S.A. (BBDO) Banco Santander (Brasil) S.A. (BSBR) Inter & Co Inc - Class A (INTR) Nu Holdings Ltd Class A (NU) BRBI BR Partners S.A. (BRBI) Vinci Partners Investments Ltd - Class A (VINP) WebRock Ventures AB (WRV) Bradespar S.A. (XBRPO) Ameris Bancorp (ABCB) ACNB Corp (ACNB)

Frequently asked questions

Is Itau Unibanco Holding S.A. overvalued or undervalued?

Bullrun's valuation model currently marks Itau Unibanco Holding S.A. as 21.1% overvalued.

What is Itau Unibanco Holding S.A.'s market cap?

Itau Unibanco Holding S.A.'s market capitalization is USD 54.91B.

What is Itau Unibanco Holding S.A.'s P/E ratio?

Itau Unibanco Holding S.A.'s price-to-earnings (P/E) ratio is 13.2.

Does Itau Unibanco Holding S.A. pay a dividend?

Itau Unibanco Holding S.A. has a dividend yield of 5.7%.