Itau Unibanco Holding's quarterly market cap
declined
from Jun. 2023 ($57,820 Mil) to Sep. 2023 ($52,641 Mil) but then
increased
from Sep. 2023 ($52,641 Mil) to Dec. 2023 ($68,136 Mil).
Itau Unibanco Holding's annual market cap
increased
from Dec. 2021 ($36,675 Mil) to Dec. 2022 ($46,162 Mil) and
increased
from Dec. 2022 ($46,162 Mil) to Dec. 2023 ($68,136 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Itau Unibanco Holding's Enterprise Value for Today is $106,772 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Itau Unibanco Holding's Market Cap
For the Banks - Regional subindustry, Itau Unibanco Holding's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Itau Unibanco Holding's Market Cap Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Itau Unibanco Holding's Market Cap distribution charts can be found below:
* The bar in red indicates where Itau Unibanco Holding's Market Cap falls into.
Itau Unibanco Holding Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Itau Unibanco Holding's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Itau Unibanco Holding (NYSE:ITUB) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Itau Unibanco Holding Market Cap Related Terms
Thank you for viewing the detailed overview of Itau Unibanco Holding's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Itau Unibanco Holding (Itau Unibanco Holding) Business Description
Itaú Unibanco is the largest privately held bank in Brazil, the result of the 2008 merger between Banco Itaú and Unibanco. In addition to Brazil, the bank has significant operations in Chile, Colombia, Argentina, Uruguay, and Paraguay. Itaú's commercial and consumer loans account for 33% and 44%% of the bank's total loans, respectively, while foreign loans account for 23% of its portfolio. The bank also operates the fifth-largest insurer in Brazil and is the second-largest asset manager in the country, giving it broad reach over the Brazilian financial system.
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