Itaú Unibanco, Latin America's largest private-sector bank by assets, reported a recurring managerial result of R$12.4 billion for the second quarter of 2026, with return on equity of 24.3%. The figures were disclosed on 4 August and furnished to the US Securities and Exchange Commission on 5 August.
The recurring result was up 1.0% versus the first quarter of 2026 and 7.8% versus the second quarter of 2025.
LOAN BOOK GROWTH
Chief executive Milton Maluhy Filho said that growing with profitability and loan-book quality requires analytical discipline, responsible lending and practical use of technology.
The loan portfolio grew 9.6% year-on-year and 2.7% from March to R$1,522 billion at the end of June, while the financial margin with clients rose 5.1% year-on-year to R$32.6 billion.
The recurring result was broadly in line with the R$12.5 billion analyst estimate compiled by LSEG, InfoMoney reported.
TECHNOLOGY SPEND KEEPS PACE
Technology expenses in Brazil rose 4.4% year-on-year to R$3.1 billion in the quarter. Maluhy Filho highlighted ia.i, the bank's new generative AI conversational experience in the Itaú SuperApp.
The common equity tier 1 ratio stood at 12.3% at the end of June.
Chief executive Milton Maluhy Filho and finance chief Gabriel Amado de Moura will host analysts to discuss the numbers in more detail alongside the standard quarterly investor materials. The bank's shares trade on B3 in São Paulo and via American depositary receipts in New York.
Full disclosures, including breakdowns by business segment and credit quality metrics, were made available on Itaú's investor relations website.
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