Itaú Unibanco Reports R$12.6 Billion Recurring Result for 3Q26
The recurring managerial result rose 6.2% year over year, while return on equity was 23.6%. Client margin grew 6.6%, partly offset by a 10.2% increase in the cost of credit. Itaú largely maintained 2026 guidance, citing a lower effective tax-rate range.
Itaú Unibanco reported a recurring managerial result of R$ 12.6 billion for the third quarter of 2026, representing a 6.2% increase compared to the same period in 2025. The bank achieved a return on equity (ROE) of 23.6%. Financial performance was supported by a 6.6% year-over-year growth in client margin, although this was partially offset by a 10.2% rise in the cost of credit. The company largely maintained its 2026 financial guidance, noting a lower effective tax-rate range.