Brazil's largest private bank, listed in São Paulo and New York, with retail, wholesale and wealth operations across Latin America.
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The bank received preliminary conditional OCC approval to establish Itaú Bank, National Association, in the US; starting operations depends on the Federal Reserve and the FDIC.
Updated November 11, 2026 · 10 verified articles
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Financial margin, credit quality, efficiency and international expansion drive earnings and the shares' pricing.
Explanatory mechanism, not a forecast or recommendation.Itaúsa posted recurring profit of R$ 5.1 billion in the third quarter of 2026, up 25% in a year, with non-financial holdings' result rising from R$ 267 million to R$ 593 million, according to InfoMoney, CNN Brasil and Money Times.
Itaú Unibanco earned R$ 12.6 billion in the third quarter of 2026, up 6.7% in a year, with a 23.6% return on equity and 90-day delinquency of 2.0%, according to Brazil Journal, NeoFeed and InfoMoney.
Itaú Unibanco launched on October 30 Itaú Pay, a checkout payment method combining credit, payments and acquiring via Rede, with Decolar as first client, according to NeoFeed and Money Times.
Itaú and Santander raised mortgage rates, following Bradesco, after the rise in interest rate futures following the election, according to InfoMoney and Investidor10.
Itaú Unibanco announced on October 26 the purchase of 100% of NeoSpace, an artificial intelligence startup, for about R$ 2.9 billion, according to NeoFeed and Bloomberg Línea; the deal depends on regulatory approvals.
Itaú Unibanco invested R$ 1.77 billion in preferred shares of Eneva III, an Eneva subsidiary that holds gas operations, and now owns all the preferred shares. Eneva keeps 100% of the common shares and control, according to Seu Dinheiro and Brazil Journal.
Itaú Unibanco bought a 35% stake in asset manager Prisma Capital in a move to grow in alternative asset management, according to NeoFeed, Bloomberg Línea and Valor. The price was not disclosed.
Eztec said in a September 17 material fact that Itaú Unibanco leased the entire Esther Towers development on Chucri Zaidan avenue in São Paulo: 91,400 square meters for 10 years, extendable by 5, with estimated revenue of R$ 1.17 billion over the decade, adjusted by the IPCA. The first tower is due at the end of 2026 and the second in the first half of 2027.
Itaú Unibanco announced on September 15 that it will consolidate in Luxembourg its European corporate and investment banking, global markets and the wealth management operations of Portugal and the United Kingdom, moving part of the team now in London; the European structure serves about 350 companies and more than 50 global fixed income and equity accounts, manages US$ 51 billion in assets and US$ 7 billion in loans, and the reorganisation should be completed by the end of 2027, per Bloomberg Línea and Reuters via Money Times.
Itaú Unibanco received preliminary conditional approval from the OCC, the US federal banking regulator, to establish Itaú Bank, National Association. Final authorization still depends on the Federal Reserve and the FDIC.