São Paulo, June 11, 2026, 17:03 BRT
- Itaú Unibanco’s ADR on the NYSE traded near $7.905 lately, up $0.285 on the day. Intraday volume came in over 28.7 million shares.
- ITUB4 traded near R$40.52 to R$40.53 in Brazil late Thursday, after touching an intraday high of R$40.62, according to market data.
- The bank said it will issue BRL 3 billion in perpetual subordinated financial bills, which will be included as Additional Tier 1 capital. The offering is seen having a roughly 19-basis-point effect on its Tier 1 ratio.
Itaú Unibanco Holding S.A. climbed on Thursday, with the bank’s ADR trading in the U.S. and its preferred shares in São Paulo both moving up. Investors looked at a new capital-management plan from Brazil’s top private-sector bank.
Itaú’s ADR (ITUB) on the NYSE last traded at $7.905, up $0.285, or 3.7%. The stock opened at $7.63 and touched a low of $7.595 and a high of $7.925 so far. Volume was 28,717,098 shares.
ITUB4 preferred shares traded higher. Investing.com quoted ITUB4 at R$40.52, moving between R$39.22 and R$40.62 on the session. Google Finance last showed R$40.53, up 2.97%, with the same session high of R$40.62.
Brazilian stocks closed higher in the session. The Ibovespa jumped 1.30% to 170,814 on June 11, according to Trading Economics. B3 calls the Ibovespa its main stock index.
Itaú announced on June 10 that it raised BRL 3 billion through perpetual subordinated financial bills aimed at professional investors. These securities are perpetual, can be repurchased starting in 2031 if Brazil’s central bank approves, the bank said. Itaú expects the new instruments to boost its Additional Tier 1 capital and raise its Tier 1 capital ratio by roughly 19 basis points.
Itaú points to its shareholder-remuneration policy, which says annual payouts factor in Brazil central bank rules on capitalization. The board’s minimum Tier 1 capital is 13.5%. Other considerations: profit, future capital needs like growth, buybacks, and acquisitions.
Itaú’s board signed off on BRL 3.99 billion in interest on capital for fiscal 2026, giving investors a gross BRL 0.36188 per share and net BRL 0.298551 per share after tax. Holders of record on June 18 will get the payment. Shares go ex-rights on June 19.
Itaú’s latest capital move comes after a solid Q1. The bank posted a recurring managerial result of R$12.3 billion for the first quarter of 2026. Annualized recurring managerial ROE was 24.8%. Itaú’s total credit portfolio stood at R$1.4827 trillion, while the over-90-day NPL ratio didn’t move, sticking at 1.9%. “We began 2026 in a scenario that demands caution and discipline in credit,” Chief Executive Milton Maluhy Filho said in the release. Securities and Exchange Commission
ITUB ADRs give U.S. investors exposure to Itaú’s Brazilian preferred shares. The bank says its preferred shares have been listed as ADRs on the NYSE since February 21, 2002, with each ADR matching one preferred share registered as ITUB4 in Brazil.
June 18 is next for Itaú, marking the record date for its new interest-on-capital payout. The bank says holders of ADRs get their cash after the payment is made in Brazil, with the June distribution set for Brazil by August 31 and for the U.S. by September 7.
