3. Itaú Unibanco Holding SA (BVMF: ITUB4)
Industry: Financial services
Market cap: US$68.99 billion8
As Latin America’s largest bank, Itaú Unibanco is a Brazilian financial services company headquartered in São Paulo.
It provides a variety of financial services, such as commercial banking, investment banking, asset management, insurance and credit cards.
The bank operates internationally, with a presence in Chile, Colombia, Panama, Paraguay, the US and Uruguay in the Americas, as well as Luxembourg, Portugal, Switzerland and the UK in Europe, plus China and Hong Kong in Asia.
Itaú Unibanco serves over 60 million customers through thousands of branches and ATMs.
The company announced a new stock buyback programme, effective from 5 February 2025 through to 5 February 2026, to purchase up to 200 million preferred shares, representing around 4.16% of the free float.
Highlights:
- Its stock price has fared well, having increased by 24.13% in the six months preceding 26 August 2025
- The company’s trailing 12-month (TTM) earnings are US$7.99 billion9
