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ITUB

Itau Unibanco Banco Holding SA

NYSE: ITUB · FINANCIAL SERVICES · BANKS - REGIONAL

$8.70
+1.99% today

Updated 2026-04-30

Market cap
$95.89B
P/E ratio
10.88
P/S ratio
0.69x
EPS (TTM)
$0.80
Dividend yield
34.60%
52W range
$5 – $10
Volume
25.1M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

Itau Unibanco Banco Holding SA (ITUB) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$8.70
Consensus
$9.00
+3.45%
2030 Target
$296.07
+3303.10%
DCF
—
—
11 analysts:
1 Buy1 Hold1 Sell

Management guidance

No specific CEO revenue targets found in available guidance. Latest analyst consensus projects FY2026 revenue of 203.89B BRL (46.74% growth) and FY2027 revenue of 220.10B BRL (7.95% growth). Management has approved merger of Itaucard subsidiary and issued Tier 2 capital, indicating focus on operational efficiency and capital optimization rather than aggressive organic growth targets.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$493.73
$272.1B Rev × 20x P/S
Base case (2030)
$296.07
$272.1B Rev × 12x P/S
Bear case (2030)
$197.66
$272.1B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$306.6B$325.8B$384.6B$203.9B$220.1B$236.9B$254.2B$272.1B
Revenue growth—6.3%18.0%46.7%7.9%7.7%7.3%7.0%
EPS$0.73$0.73$0.79$4.80$5.31$5.85$6.35$6.85
P/S ratio———12.0x12.0x12.0x12.0x12.0x
Implied price———$221.84$239.36$257.71$276.89$296.07

Catalysts & risks

Growth catalysts
+ Itaucard merger completion (simplifies corporate structure, improves efficiency)
+ Strong ROE trajectory (23.4% in Q4 2025, continuing digital transformation)
+ Capital return expansion (R$3.85B interest on capital approved, Tier 2 issuance supports dividend capacity)
+ Brazilian economic recovery and credit cycle expansion
+ Digital banking momentum and cost reduction from merger synergies
Key risks
- Brazil macroeconomic volatility (currency, inflation, interest rate uncertainty)
- Political uncertainty affecting Brazilian financial markets
- Regulatory capital requirements constraining growth
- High leverage ratio (Debt/Equity 4.94x) limits financial flexibility
- Interest rate sensitivity in declining rate environment

Methodology

Itau Unibanco Banco Holding SA's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 11 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 6, 2026.