Whatco

Itaú Unibanco

Banking · Brazil

Itaú Unibanco is Brazil’s largest private bank: it lends to individuals and companies, runs Brazil’s leading credit card business, manages investments and insurance, and operates banks in Chile, Colombia, Paraguay and Uruguay, controlled by the Setubal, Villela and Moreira Salles families.

What makes it different

One in four card purchases in Brazil is on Itaú.

24%Card purchase volume market shareQ4 2025

Leadership in credit cards gives Itaú interest, fees and payment data across Brazilian consumers.

How big it is

How big is Itaú Unibanco?

92,470Employees2025
R$167.8BOperating revenues (IFRS)FY2025
How it makes money FY2025

Retail banking brings most revenue.

  • Retail banking61%R$112.2B
  • Wholesale banking34%R$62.6B
  • Market and corporation5%R$9.6B
How the business works

Gather deposits, lend widely, sell services.

  1. 1Cheap retail deposits
  2. 2Cards, mortgages, companies
  3. 3Fees, insurance, investments

A third of revenue comes from fees and insurance, so profits lean less on loan spreads than at most peers.

Who owns it
  • IUPAR – Itaú Unibanco Participações S.A.26.35%
  • Itaúsa S.A.19.98%
  • BlackRock, Inc.3.6%

CEO: Milton Maluhy Filho

Who it competes with
BBanco BradescoBBanco do BrasilCCaixa Econômica FederalSantander BrasilNubankBBTG Pactual
Key moments
  1. 1924Casa Moreira Salles gets a banking licence
  2. 1943Banco Central de Crédito, later Banco Itaú, is founded
  3. 2008Itaú and Unibanco merge
  4. 2016Merger with CorpBanca in Chile
  5. 2021Milton Maluhy Filho becomes CEO
Sources

Every number on this page comes from Itaú Unibanco's own reports.

Full profile

The rest of the story is in the app.

What Itaú Unibanco tracks11 metrics
Credit card purchase volume market share
NPL ratio
Branches and client service branches
Results, quarter by quarterwith a chart
Revenue
Profit
Margin
Where the money comes from2 regions
Brazil
Latin America (ex-Brazil)
The full timeline16 moments
2023
2025
2026
Itaú Unibanco vs Santander Brasilside by side
Revenue
Profit
People
or open it in the app

Point your phone at a logo.
See the company behind it.

The full story in 12 chapters · compare any two companies · 335 companies, and any other on request.

Download on the App Store