Itau Unibanco Holding SA ADR
ITUB: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|x@ | LOCK|vQ | LOCK|NF>p@> |
Itaú Unibanco Earnings: Improved Noninterest Income Growth Drives Strong Results
Itaú reported strong fourth-quarter earnings, with solid performance across its business. Revenue increased 7.9% from last year, while net income increased 13.2% from last year to BRL 12.3 billion. These results translate to a return on equity of 24.4%, above the historical average.
