Itau Unibanco Holding SA ADR
ITUB: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|!H | LOCK|?X@ | LOCK|JH@$#$ |
Itaú Unibanco Earnings: Solid Loan Growth Supports Strong Net Income Growth; Shares Expensive
Itaú Unibanco reported strong first-quarter earnings, with net income rising 9.5% to BRL 11.9 billion. These results translated to an excellent return on average equity of 24.8%, up from 22.5% last year.
