UPDATE 1-Brazil small business credit lines to run out in two months -Itau CEO [Reuters]
Itau Unibanco Banco Holding SA American Depositary Shares (Each repstg 500 Preferred shares) (ITUB)
Last itau unibanco banco holding sa american depositary shares (each repstg 500 preferred shares) earnings: 2/11 04:01 pm
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Source: Reuters
UPDATE 1-Brazil small business credit lines to run out in two months -Itau CEO (Adds exec comments on credit demand, capital ratio, bonds purchase, byline) By Carolina Mandl SAO PAULO, April 6 (Reuters) - Credit lines mainly funded by Brazil’s Treasury to finance small business payrolls during the coronavirus outbreak will run out in two months, Itau Unibanco Holding SA Chief Executive Candido Bracher said on Monday. Brazil’s Treasury and top-three private lenders - Itau, Banco Bradesco SA and Banco Santander Brasil SA - last month launched a 40 billion reais ($7.6 billion) fund to help companies with annual sales of up to 10 million reais pay their workers. The Treasury may have to reconsider that amount depending on the length of the crisis, said Bracher, whose bank will start offering the credit line this week. Itau, Brazil’s top lender, has also seen a surge in loan demand from large companies, with disbursements quadrupling, said wholesale bank Itau BBA’s CEO, Caio Ibrahim David.
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News
- Payment of Dividends and Interest on Capital and Cancellation of SharesPR Newswire
- Itau Unibanco (NYSE:ITUB) had its price target raised by analysts at JPMorgan Chase & Co. from $7.00 to $8.00. They now have an "overweight" rating on the stock.MarketBeat
- Itau Unibanco (NYSE:ITUB) had its "buy (b-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Itau Unibanco: Near Fair Value But Brazil Provides Solid Fair Equity Returns [Seeking Alpha]Seeking Alpha
- Itau Unibanco (NYSE:ITUB) was downgraded by analysts at Zacks Research from a "strong-buy" rating to a "hold" rating.MarketBeat
ITUB
Earnings
- 5/9/25 - Beat
ITUB
Analyst Actions
- 11/25/25 - JP Morgan
ITUB
Sec Filings
- 11/28/25 - Form 6-K
- 11/12/25 - Form 6-K
- 11/12/25 - Form 6-K
- ITUB's page on the SEC website