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Stock impact report

Is Itaú Unibanco Holding S.A. (ITUB) Among the Best Bank Penny Stocks to Buy According to Hedge Funds? [Yahoo! Finance]

Moody's Corporation (MCO) 
Last moody's corporation earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.moodys.com/home/default.aspx
Company Research Source: Yahoo! Finance
Itaú Unibanco Holding S.A. (NYSE:ITUB) stands against the other bank penny stocks. 2024 was another strong year for US banking giants. According to a report by the Financial Times, the four biggest banks in the country are on course to grab their largest share of the industry since 2015. As of September 2024, they collectively reported around $88 billion in profits during the first nine months of the year, representing 44% of the American banking industry's profits. In further encouraging signs for the industry, Moody's in December upgraded the global banking industry from negative to stable for the first time since 2023. It cited monetary adjustments and interest rate cuts among G-20 countries as reasons behind the upgrade. The credit rating agency expects these measures to improve asset quality and liquidity in the banking system. READ ALSO: 10 Best Bank Stocks With High Dividends and 10 Best Bank Stocks To Invest In For the Long Term The Federal Reserve on December 18 annou Show less Read more
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