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StocksMediumUpdated•Originally published 6 May 2026•Updated 6 May 2026•

1 min read

Itaú Unibanco Reports Strong Q1 Profit of R$12.3B with 24.8% ROE

Key Facts

1Itaú Unibanco reported a recurring managerial result of R$12.3 billion for Q1, a 10.4% increase year-over-year.

2The consolidated recurring managerial ROE reached 24.8% while asset quality remained stable with a 1.9% NPL ratio.

Itaú Unibanco delivered a robust financial performance for the first quarter of 2026, reporting a recurring managerial profit of R$12.3 billion, a 10.4% increase year-on-year. The quarterly results for ITUB were bolstered by higher revenues and a stronger financial margin, supporting a high recurring Return on Equity (ROE) of 24.8%. However, profitability margins faced headwinds as both operating expenses and credit costs rose during the period. Despite these rising costs, asset quality remained stable with the non-performing loan (NPL) ratio holding steady at 1.9%. Consequently, the bank reaffirmed its full-year 2026 financial guidance, maintaining investor confidence in its long-term growth trajectory.

28 days ago

Version History

Version 128 days ago

What changed: Updated the story to include details on rising operating expenses and credit costs, while highlighting the role of financial margins in supporting ITUB's results.