$ITUB

Itau Unibanco Holding S.A.

CIK:0001132597|SEC Filings

Consolidated Statement of Income - BRL (R$) R$ in Millions	12 Months Ended
Consolidated Statement of Income - BRL (R$) R$ in Millions	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Operating Revenues	R$ 167,780	R$ 168,050	R$ 154,971
Interest and similar income	254,790	242,258	222,385
Interest and similar expense	(219,338)	(167,278)	(158,250)
Income of Financial Assets and Liabilities at Fair Value through Profit or Loss	58,054	32,011	29,145
Foreign exchange results and exchange variations in foreign transactions	19,218	(3,143)	4,432
Commissions and Banking Fees	46,997	47,071	45,731
Income from Insurance Contracts and Private Pension	8,731	6,982	6,613
Income from Insurance Contracts and Private Pension, net of Reinsurance	7,569	6,536	6,132
Financial Income from Insurance Contracts and Private Pension, net of Reinsurance	(42,150)	(23,679)	(28,585)
Income from Financial Assets related to Insurance Contracts and Private Pension	43,312	24,125	29,066
Other income / (expenses)	(672)
Other income / (expenses)		10,149	4,915
Expected Credit Loss from Financial Assets	(28,833)	(32,311)	(30,445)
Expected Credit Loss with Loan and Lease Operations	(32,617)	(29,468)	(31,563)
Expected Credit Loss with Other Financial Asset, net	3,784	(2,843)	1,118
Operating Revenues Net of Expected Credit Losses from Financial Assets	138,947	135,739	124,526
Other operating income / (expenses)	(88,697)	(88,183)	(84,826)
General and administrative expenses	(79,176)	(79,416)	(75,759)
Tax expenses	(10,938)	(9,814)	(9,987)
Share of profit or (loss) in associates and joint ventures	1,417	1,047	920
Income / (loss) before income tax and social contribution	50,250	47,556	39,700
Current income tax and social contribution	(10,695)	(9,433)	(8,685)
Deferred income tax and social contribution	6,294	4,005	2,862
Net income / (loss)	45,849	42,128	33,877
Net income attributable to owners of the parent company	44,857	41,085	33,105
Net income / (loss) attributable to non-controlling interests	992	1,043	772
Common
Net income attributable to owners of the parent company	R$ 22,748	R$ 20,811	R$ 16,754
Earnings per share - basic (in brl per share)	R$ 4.05	R$ 3.70	R$ 2.98
Earnings per share - diluted (in brl per share)	R$ 4.01	R$ 3.68	R$ 2.96
Weighted average number of outstanding shares - basic (in shares)	5,617,742,977	5,617,742,977	5,617,742,977
Weighted average number of outstanding shares - diluted (in shares)	5,617,742,977	5,617,742,977	5,617,742,977
Preferred
Net income attributable to owners of the parent company	R$ 22,109	R$ 20,274	R$ 16,351
Earnings per share - basic (in brl per share)	R$ 4.05	R$ 3.70	R$ 2.98
Earnings per share - diluted (in brl per share)	R$ 4.01	R$ 3.68	R$ 2.96
Weighted average number of outstanding shares - basic (in shares)	5,459,926,630	5,472,801,129	5,482,580,990
Weighted average number of outstanding shares - diluted (in shares)	5,571,684,620	5,552,704,085	5,549,980,489

Consolidated Statement of Cash Flows - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Statement of cash flows [abstract]
Adjusted net income	R$ 88,303	R$ 38,186	R$ 91,638
Net income	45,849	42,128	33,877
Adjustments to net income:	42,454	(3,942)	57,761
Share-based payment	178	217	200
Effects of changes in exchange rates on cash and cash equivalents	3,791	(8,404)	11,529
Expected credit loss with financial assets	28,833	32,311	30,445
Income from interest and foreign exchange variation from operations with subordinated debt	4,386	(1,794)	2,948
Financial income from insurance contracts and private pension	42,150	23,679	28,585
Depreciation and amortization	7,386	6,440	5,652
Expense from update / charges on the provisions for civil lawsuits, labor and tax claims and social security lawsuits and other risks	1,622	1,180	799
Provisions for civil lawsuits, labor and tax claims and social security lawsuits and other risks	3,633	5,077	4,418
Revenue from update / charges on deposits in guarantee	(957)	(775)	(913)
Deferred taxes (excluding hedge tax effects)	1,022	2,689	2,130
Income from share in the net income of associates and joint ventures and other investments	(1,417)	(1,047)	(920)
Income from financial assets at fair value through other comprehensive income	5,047	3,905	612
Income from interest and foreign exchange variation of financial assets at fair value through other comprehensive income	(12,948)	(45,778)	(20,133)
Income from interest and foreign exchange variation of financial assets at amortized cost	(39,094)	(19,995)	(7,697)
Income from sale of investments and fixed assets	(331)	(395)	1,255
Other	(847)	(1,252)	(1,149)
Change in assets and liabilities	(53,837)	(31,117)	(14,145)
(Increase) / decrease in assets
Interbank deposits	37,343	(14,419)	4,583
Securities purchased under agreements to resell	(77,373)	(9,800)	3,137
Central Bank of Brazil deposits	(6,577)	(15,294)	(29,656)
Loan and lease operations	(91,605)	(146,210)	(34,191)
Derivatives (assets / liabilities)	4,385	(6,406)	(745)
Financial assets at fair value through profit or loss	(68,631)	(48,391)	(126,653)
Other financial assets	(27,839)	(8,500)	(16,853)
Tax assets	(1,823)	(2,964)	(2,819)
Other assets	(5,423)	(3,128)	(6,606)
(Decrease) / increase in liabilities
Deposits	59,741	103,389	79,914
Securities sold under repurchase agreements	45,820	26,001	69,346
Funds from interbank markets	33,876	43,649	34,058
Funds from institutional markets	10,724	22,409	(1,928)
Other financial liabilities	50,126	10,603	15,114
Financial liabilities at fair value through profit or loss	(260)	21	233
Insurance contracts and private pension	5,142	12,144	9,125
Provisions	(7,567)	380	1,165
Tax liabilities	11,626	980	3,234
Other liabilities	(15,800)	13,892	(6,523)
Payment of income tax and social contribution	(9,722)	(9,473)	(8,080)
Net cash from / (used in) operating activities	34,466	7,069	77,493
Dividends / Interest on capital received from investments in associates and joint ventures	612	450	583
(Purchase) / Funds from the sale of financial assets at fair value through other comprehensive income	(13,292)	60,204	18,219
(Purchase) / Redemptions of financial assets at amortized cost	39,257
(Purchase) / Redemptions of financial assets at amortized cost		(46,811)	(40,087)
(Purchase) / Sale of investments in associates and joint ventures	(22)	(352)	(1,081)
(Purchase) / Sale of fixed assets	(1,176)	(1,258)	(3,622)
(Purchase) / Sale and Termination of intangible asset agreements	(5,939)	(5,265)	(5,242)
Net cash from / (used in) investment activities	19,440	6,968	(31,230)
Raising of subordinated debt obligations	12,401	7,860	2,170
Redemption of subordinated debt obligations	(13,864)	(7,519)	(12,981)
Change in non-controlling interests stockholders	22	867	(923)
Acquisition of treasury shares	(3,085)	(1,775)	(689)
Result of delivery of treasury shares	947	772	689
Dividends / interest on capital paid to non-controlling interests	(633)	(589)	(366)
Dividends / interest on capital paid	(48,299)	(21,314)	(10,348)
Net cash from / (used in) financing activities	(52,511)	(21,698)	(22,448)
Net increase / (decrease) in cash and cash equivalents	1,395	(7,661)	23,815
Cash and cash equivalents at the beginning of the period	117,286	116,543	104,257
Effect of changes in exchange rates on cash and cash equivalents	(3,791)	8,404	(11,529)
Cash and cash equivalents at the end of the period	114,890	117,286	116,543
Cash	37,144	36,127	32,001
Interbank deposits	46,694	10,087	8,582
Securities purchased under agreements to resell - Collateral held	31,052	71,072	75,960
Additional information on cash flow (Mainly operating activities)
Interest received	219,617	219,741	208,243
Interest paid	194,597	131,096	115,518
Non-cash transactions
Dividends and interest on capital declared and not yet paid	R$ 4,403	R$ 5,436	R$ 4,799

Consolidated Balance Sheet - BRL (R$) R$ in Millions	Dec. 31, 2025	Dec. 31, 2024
Assets
Cash	R$ 37,144	R$ 36,127
Financial assets	2,880,511	2,673,301
At Amortized Cost	2,042,788	1,912,804
Central Bank of Brazil deposits	167,275	160,698
Interbank deposits	66,195	66,931
Securities purchased under agreements to resell	280,595	243,220
Securities	329,965	327,507
Loan and lease operations	1,083,798	1,025,493
Other financial assets	164,029	136,713
(-) Provision for expected credit loss	(49,069)	(47,758)
At Fair Value through Other Comprehensive Income	132,473	106,303
Securities	132,473	106,303
At Fair Value through Profit or Loss	705,250	654,194
Securities	628,774	560,143
Derivatives	73,384	92,439
Other financial assets	3,092	1,612
Insurance contracts	212	66
Tax assets	79,103	72,653
Income tax and social contribution - current	3,027	2,576
Income tax and social contribution - deferred	63,486	58,859
Other	12,590	11,218
Other assets	21,625	24,994
Investments in associates and joint ventures	10,840	10,074
Fixed assets, net	12,635	13,263
Goodwill and Intangible assets, net	24,099	23,997
Total assets	3,066,169	2,854,475
Liabilities and stockholders' equity
Financial Liabilities	2,424,121	2,239,979
At Amortized Cost	2,350,901	2,148,776
Deposits	1,114,482	1,054,741
Securities sold under repurchase agreements	434,607	388,787
Interbank market funds	406,170	372,294
Institutional market funds	154,194	140,547
Other financial liabilities	241,448	192,407
At Fair Value through Profit or Loss	71,427	86,275
Derivatives	69,741	85,413
Structured notes	57	318
Other financial liabilities	1,629	544
Provisions for financial guarantees, credit commitments and credits to be released	1,793	4,928
Insurance contracts and private pension	353,253	306,899
Provisions	17,791	19,209
Tax liabilities	11,582	11,345
Income tax and social contribution - current	6,436	4,364
Income tax and social contribution - deferred	491	603
Other	4,655	6,378
Other liabilities	44,346	55,759
Total liabilities	2,851,093	2,633,191
Total stockholders’ equity attributed to the owners of the parent company	204,501	211,090
Capital	136,910	90,729
Treasury shares	(13)	(909)
Capital reserves	2,876	2,732
Profit reserves	67,711	121,428
Other comprehensive income	(2,983)	(2,890)
Non-controlling interests	10,575	10,194
Total stockholders’ equity	215,076	221,284
Total liabilities and stockholders' equity	R$ 3,066,169	R$ 2,854,475