Itaú Unibanco Holding S.A. (ITUB)

Itaú Unibanco Holding Income Statement

Financials in millions BRL. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	242,258	222,385	189,165	129,253	114,369
Total Interest Income	242,258	222,385	189,165	129,253	114,369
Interest Paid on Deposits	167,278	158,250	116,747	69,305	73,558
Net Interest Income	74,980	64,135	72,418	59,948	40,811
Net Interest Income Growth (YoY)	16.91%	-11.44%	20.80%	46.89%	-3.28%
Gain (Loss) on Sale of Investments	29,168	30,263	13,738	17,900	6,379
Other Non-Interest Income	61,059	61,691	56,536	48,148	51,481
Total Non-Interest Income	90,227	91,954	70,274	66,048	57,860
Non-Interest Income Growth (YoY)	-1.88%	30.85%	6.40%	14.15%	-22.46%
Revenues Before Loan Losses	165,207	156,089	142,692	125,996	98,671
Provision for Loan Losses	29,468	31,563	28,150	14,001	24,452
Revenue	135,739	124,526	114,542	111,995	74,219
Revenue Growth (YoY)	9.00%	8.72%	2.27%	50.90%	-24.66%
Salaries and Employee Benefits	-	737	598	-20	25,158
Selling, General & Administrative	79,416	72,279	66,691	61,405	31,577
Other Non-Interest Expense	9,814	9,987	9,590	8,379	6,181
Total Non-Interest Expense	88,183	82,083	76,207	68,600	61,517
EBT Excluding Unusual Items	47,556	42,443	38,335	43,395	12,702
Asset Writedown	-	-338	-16	-440	-429
Legal Settlements	-	-2,405	-1,625	-724	-1,271
Pretax Income	47,556	39,700	36,694	42,231	5,230
Income Tax Expense	5,428	5,823	6,452	13,847	-9,834
Earnings From Continuing Operations	42,128	33,877	30,242	28,384	15,064
Minority Interest in Earnings	-1,043	-772	-1,035	-1,624	3,832
Net Income	41,085	33,105	29,207	26,760	18,896
Net Income to Common	41,085	33,105	29,207	26,760	18,896
Net Income Growth	24.11%	13.35%	9.14%	41.62%	-30.31%
Basic Shares Outstanding	9,789	9,799	9,799	9,777	9,760
Diluted Shares Outstanding	9,869	9,867	9,859	9,831	9,802
Shares Change (YoY)	0.03%	0.08%	0.28%	0.30%	0.17%
EPS (Basic)	4.20	3.38	2.98	2.74	1.94
EPS (Diluted)	4.16	3.36	2.96	2.72	1.93
EPS Growth	24.07%	13.26%	8.84%	41.19%	-30.42%
Dividend Per Share	-	2.193	0.854	0.637	0.461
Dividend Growth	-	156.89%	33.99%	38.10%	-77.06%
Effective Tax Rate	11.41%	14.67%	17.58%	32.79%	-

Source: S&P Capital IQ. Banks template. Financial Sources.