Itaú Unibanco Holding SANYSE: ITUB

Itaú Unibanco Holding S.A. (NYSE:ITUB ) Q3 2024 Earnings Conference Call November 5, 2024 8:00 AM ET Company Participants Renato Lulia - Group Head of Corporate Strategy, IR and Corporate Development Milton Maluhy - CEO Conference Call Participants Daniel Vaz - Safra Bank Renato Meloni - Autonomous Yuri Fernandes - JPMorgan Thiago Batista - UBS Tito Labarta - Goldman Sachs Brian Flores - Citibank Mario Pierry - Bank of America Bernardo Guttmann - XP Carlos Gomez - HSBC Natalia Corfield - JPMorgan Nicolas Riva - Bank of America Renato Lulia Hello.

A rise in operating revenues and managerial financial margin supports ITUB's third-quarter 2024 results. However, a rise in expenses is a headwind.

Brazil's Itau Unibanco , Latin America's largest private lender, on Monday posted a 18% increase in its third-quarter net recurring profit from a year earlier.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Banco Itau (ITUB) have what it takes?

Investors may keep a tab on stocks like PECO, RICK, ITUB, LOW and LRCX, which have lately hiked their dividend payments.

Itaú Unibanco is a solid financial institution in Brazil with high net profit and a large customer base. In Q2, Itaú reported R$10bn in net income, outperforming peers like Banco do Brasil and Nu Holdings. Itaú's strong Q2 earnings solidified its track record, with robust quality indicators and a focus on security and predictability in the banking sector.

An increase in operating revenues and managerial financial margin benefits Itau Unibanco's (ITUB) second-quarter earnings. However, a rise in expenses is a headwind.

With rapid expansion in Latin America, particularly in Brazil, Nu Holdings Ltd. (NU, Financial) has emerged to facilitate access to credit compared to traditional banking alternatives in the region.

Itau Unibanco (ITUB) is well-positioned to gain from its efforts to grow inorganically in Brazil and abroad. However, its elevated cost base is set to hinder the bottom-line growth in the upcoming period.