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Itau Unibanco Holding (Itau Unibanco Holding) Net Margin % : 23.27% (As of Dec. 2023)


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What is Itau Unibanco Holding Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Itau Unibanco Holding's Net Income for the three months ended in Dec. 2023 was $1,790 Mil. Itau Unibanco Holding's Revenue for the three months ended in Dec. 2023 was $7,695 Mil. Therefore, Itau Unibanco Holding's net margin for the quarter that ended in Dec. 2023 was 23.27%.

The historical rank and industry rank for Itau Unibanco Holding's Net Margin % or its related term are showing as below:

ITUB' s Net Margin % Range Over the Past 10 Years
Min: 18.89   Med: 22.17   Max: 29.48
Current: 22.37


ITUB's Net Margin % is ranked worse than
60.36% of 1458 companies
in the Banks industry
Industry Median: 25.41 vs ITUB: 22.37

Itau Unibanco Holding Net Margin % Historical Data

The historical data trend for Itau Unibanco Holding's Net Margin % can be seen below:

* 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.

* Premium members only.

Itau Unibanco Holding Net Margin % Chart

Itau Unibanco Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.18 18.89 20.97 20.45 22.37

Itau Unibanco Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.81 21.48 22.18 22.49 23.27

Competitive Comparison of Itau Unibanco Holding's Net Margin %

For the Banks - Regional subindustry, Itau Unibanco Holding's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Itau Unibanco Holding's Net Margin % distribution charts can be found below:

* The bar in red indicates where Itau Unibanco Holding's Net Margin % falls into.



Itau Unibanco Holding Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Itau Unibanco Holding's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=6756.398/30199.396
=22.37 %

Itau Unibanco Holding's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=1790.481/7694.804
=23.27 %

* 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) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Itau Unibanco Holding Net Margin % Related Terms

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Itau Unibanco Holding (Itau Unibanco Holding) Business Description

Address
Praca Alfredo Egydio de Souza Aranha, 100, Torre Olavo Setubal, Parque Jabaquara, Sao Paulo, SP, BRA, 04344-902
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.

Itau Unibanco Holding (Itau Unibanco Holding) Headlines

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