Itaú Unibanco (ITUB) Expected to Announce Quarterly Earnings on Wednesday

Itaú Unibanco (NYSE:ITUB) is expected to be posting its Q1 2025 quarterly earnings results before the market opens on Wednesday, April 30th. Analysts expect Itaú Unibanco to post earnings of $0.16 per share and revenue of $43.61 billion for the quarter.

Itaú Unibanco (NYSE:ITUB) last issued its quarterly earnings results on Thursday, February 6th. The bank reported $0.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.01). Itaú Unibanco had a return on equity of 19.46% and a net margin of 12.25%. On average, analysts expect Itaú Unibanco to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Itaú Unibanco Trading Up 3.2 %

NYSE ITUB opened at $5.87 on Wednesday. The company has a 50-day moving average of $5.41 and a 200-day moving average of $5.24. The company has a debt-to-equity ratio of 2.32, a current ratio of 1.34 and a quick ratio of 1.75. Itaú Unibanco has a 12 month low of $4.42 and a 12 month high of $6.30. The company has a market cap of $63.28 billion, a P/E ratio of 7.53, a P/E/G ratio of 0.89 and a beta of 0.65.

Itaú Unibanco Increases Dividend

The business also recently declared a dividend, which was paid on Friday, March 14th. Investors of record on Wednesday, February 19th were given a dividend of $0.0527 per share. This is a positive change from Itaú Unibanco’s previous dividend of $0.00. The ex-dividend date was Wednesday, February 19th. Itaú Unibanco’s dividend payout ratio is 2.82%.

Analyst Ratings Changes

Several brokerages have recently issued reports on ITUB. UBS Group raised shares of Itaú Unibanco from a “neutral” rating to a “buy” rating in a research note on Friday, January 17th. HSBC upgraded Itaú Unibanco from a “hold” rating to a “buy” rating and set a $6.18 price target for the company in a research note on Monday, January 13th. Finally, Hsbc Global Res raised Itaú Unibanco to a “strong-buy” rating in a research note on Monday, January 13th. Four analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Itaú Unibanco presently has an average rating of “Buy” and an average target price of $6.27.

About Itaú Unibanco

Itaú Unibanco Holding SA offers a range of financial products and services to individuals and corporate customers in Brazil and internationally. The company operates through three segments: Retail Banking, Wholesale Banking, and Activities with the Market + Corporation. It offers current account; loans; credit and debit cards; investment and commercial banking services; real estate lending services; financing and investment services; economic, financial and brokerage advisory; and leasing and foreign exchange services.