1. Homepage
  2. Equities
  3. Brazil
  4. Bolsa de Valores de Sao Paulo
  5. Ita˙ Unibanco Holding S.A.
  6. News
  7. Summary
    ITUB4   BRITUBACNPR1

ITA┌ UNIBANCO HOLDING S.A.

(ITUB4)
  Report
Delayed Bolsa de Valores de Sao Paulo  -  04:07 2022-06-29 pm EDT
23.08 BRL   -1.03%
06/29ITAÚ UNIBANCO S A : ITAÚ UNIBANCO - ENVIRONMENTAL, SOCIAL AND CLIMATE RESPONSIBILITY POLICY - Form 6-K
PU
06/28ITAÚ UNIBANCO S A : ITAÚ UNIBANCO - BYLAWS - Form 6-K
PU
06/15ITAÚ UNIBANCO S A : Itau 2021 reference from itau unibanco holdin S.A - Form 6-K
PU
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Itau denies talks to sell stake in XP to Charles Schwab

05/12/2022 | 03:17pm EDT
FILE PHOTO: Man is reflected in an Itau branch window in Rio de Janeiro

(Reuters) - Brazilian lender Itau Unibanco Holding SA on Thursday denied it was in talks with Charles Schwab Corp to sell a stake in broker XP Inc to the U.S. discount brokerage.

Itau's remarks came after newspaper Valor Economico reported earlier in the day that Schwab was considering such a deal following the Brazilian bank's purchase of an 11.36% stake in XP two weeks ago.

The report, citing sources, said the U.S.-based company would be one of those interested in the transaction. Nasdaq-traded shares of XP soared after the report.

"Itau Unibanco denies it is in contact with Charles Schwab," the lender said in a statement through its press office.

Schwab said it would not comment "on rumors or speculation."

XP did not immediately respond to a Reuters request for comment.

(Reporting by Carolina Pulice in Mexico City and Gabriel Araujo in Sao Paulo; Additional reporting by Mehnaz Yasmin in Bangalore; Editing by Chris Reese, Leslie Adler and Bernard Orr)


ę Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
ITAÚ UNIBANCO HOLDING S.A. -1.03% 23.08 Delayed Quote.11.31%
NASDAQ COMPOSITE -0.03% 11177.89 Real-time Quote.-26.34%
THE CHARLES SCHWAB CORPORATION -0.86% 63.62 Delayed Quote.-24.35%
XP INC. -2.04% 18.29 Delayed Quote.-36.36%
All news about ITA┌ UNIBANCO HOLDING S.A.
06/29ITAÚ UNIBANCO S A : ITAÚ UNIBANCO - ENVIRONMENTAL, SOCIAL AND CLIMATE RESPONSIBILITY POLIC..
PU
06/28ITAÚ UNIBANCO S A : ITAÚ UNIBANCO - BYLAWS - Form 6-K
PU
06/15ITAÚ UNIBANCO S A : Itau 2021 reference from itau unibanco holdin S.A - Form 6-K
PU
06/08ITAÚ UNIBANCO S A : Purchase Agreement - Form 6-K
PU
06/06ITAÚ UNIBANCO S A : ITAÚ UNIBANCO - MARKET RISK MANAGEMENT AND CONTROL POLICY - Form 6-K
PU
06/01ITAÚ UNIBANCO S A : Reference From Itau Unibanco Holding S.A - Form 6-K
PU
06/01ITAÚ UNIBANCO HOLDING S.A. : Ex-dividend day for
FA
05/31ITAÚ UNIBANCO S A : Material Fact - Form 6-K
PU
05/31ITAÚ UNIBANCO S A : ITAÚ UNIBANCO - ADMINISTRATOR COMPENSATION POLICY - Form 6-K
PU
05/30Fitch Affirms Itau Colombia's IDRs at 'BB'; Outlook Stable
AQ
More news
Analyst Recommendations on ITA┌ UNIBANCO HOLDING S.A.
More recommendations
Financials
Sales 2022 138 B 26 306 M 26 306 M
Net income 2022 30 306 M 5 780 M 5 780 M
Net Debt 2022 - - -
P/E ratio 2022 7,35x
Yield 2022 3,36%
Capitalization 210 B 40 042 M 40 042 M
Capi. / Sales 2022 1,52x
Capi. / Sales 2023 1,42x
Nbr of Employees 100 600
Free-Float 54,0%
Chart ITA┌ UNIBANCO HOLDING S.A.
Duration : Period :
Ita˙ Unibanco Holding S.A. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ITA┌ UNIBANCO HOLDING S.A.
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 14
Last Close Price 23,08 BRL
Average target price 30,37 BRL
Spread / Average Target 31,6%
EPS Revisions
Managers and Directors
Milton Maluhy Filho Chief Executive Officer
Alexsandro Broedel Lopes Chief Financial Officer
Roberto Egydio Set˙bal President & Chief Executive Officer
Pedro Moreira Salles Co-Chairman
Ricardo Ribeiro Mandacaru Guerra Chief Information Officer