Itaú Unibanco S A : Earnings Review Presentation - 2Q22

Itaú Unibanco Holding S.A.

earnings review 2Q22

São Paulo, August 9th, 2022

quarter highlights

2Q22 vs. 1Q22 change

recurring managerial result

credit portfolio

• 90 days
  NPL

Consolidated

Brazil

Consolidated

Brazil

Consolidated

Brazil

R$7.7 billions	4.3%
R$7.1 billions	6.6%

R$1,084.1 billions	5.0%
R$876.2 billions	5.5%

2.7%	0.1 p.p.
3.0%	0.1 p.p.

recurring managerial

ROE

annualized average margin (NIM)

efficiency ratio

Consolidated

Brazil

Consolidated

Brazil

Consolidated

Brazil

20.8%	0.4 p.p.
21.6%	0.6 p.p.

8.4%	0.5 p.p.
9.2%	0.3 p.p.

40.8%	1.0 p.p.
38.7%	0.9 p.p.

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credit portfolio

in R$ billions

¹

(1) Includes private securities.

Contribute with R$400 billion to sustainable development by 2025:

portfolio	Jun-22	Jun-22
vs. Mar-22	vs. Jun-21
overdraft	+ 8.0%	+ 54.0%
consumer credit	+ 7.5%	+ 59.8%

80% of this quarter's growth within Personnalité and Uniclass segments

payroll loans - public sector

12 %	91 %
Jun-22 vs.	Jun-22 vs.
Mar-22	Jun-21

		very small, small and middle
		market loans
		credit
		origination	72% of new loans
		2Q22 vs. 1Q22	in the quarter with
56%	phaseout of thermal coal	9.4%	larger SMEs
target reached	assets until Dec-22

3

financial margin with clients

change in the financial margin with clients

in R$ billions

R$ 1.9 bn (+9.7%)

20.0

1Q22

						R$ 1.6 bn (+8.8%)
									0.3			2.1
	18.3	0.8	0.2		0.2	0.2			19.9
(1.7)
working capital ¹	spread-sensitive average volume	product mix	2	greater number of	spreads and	Latin America and	spread-sensitive	working capital ¹
and other 1Q22	operations 1Q22					calendar days	liabilities margin	other	3	operations 2Q22	and other 2Q22

22.0

2Q22

annualized average margin			annualized average margin
consolidated				Brazil
7.4%	7.4%	7.7%	7.9%	8.4%	8.6%	8.5%	8.8%	8.9%	9.2%
5.3%	5.2%	5.3%	5.1%	5.4%	5.9%	5.9%	6.0%	5.4%	5.8%
2Q21	3Q21	4Q21	1Q22	2Q22	2Q21	3Q21	4Q21	1Q22	2Q22

margin with clients

risk-adjusted financial margin with clients

1. Includes capital allocated to business areas (except treasury), in addition to the corporation's working capital,
2. Change in the composition of assets with credit risk
   between periods in Brazil, (3) Others considers structured wholesale operations..

4

financial margin with the market

1-year moving average Brazil¹

Latin America² capital index hedge

in R$ billions

1.3

0.8

0.4

0.4

1Q20

					2.0
				1.8		1.9
			1.7
							1.6
1.2	1.2	1.3
			2.5	2.0				1.2
		1.6	1.9
1.3	1.4			1.3
	1.5			1.0
		1.5		0.6
	1.1	1.1	1.3
0.7		0.6
				1.0	0.7
		1.0
0.6	0.3	0.5	0.5	0.6	0.7	0.5	0.4
							- 0.4	- 0.5
2Q20	3Q20	4Q20	1Q21	2Q21	3Q21	4Q21	1Q22	2Q22

(1) Includes units abroad ex-Latin America; (2) Excludes Brazil.

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