Itau Unibanco Holding SA ADR
ITUB: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| d.N | LOCK|%$M | LOCK|pTYW^KP |
Itaú Unibanco Earnings: Loan Volumes Drive Good Results, but Near-Term Fee Pressure Expected
Itaú Unibanco reported strong second-quarter earnings, with 4.7% year-over-year revenue growth, while net income grew 8% from last year to BRL 12.1 billion. These results translate to a return on average equity of 24.3%, up from 23.3% in the prior-year quarter.
