SÃO
PAULO, Feb. 5, 2024 /PRNewswire/ -- Itaú Unibanco
Holding S.A. ("Itaú Unibanco" or "Company"), in compliance with the
provisions in Article 157, paragraph 4 of Law No. 6,404/76 and in
Resolution No. 44/21 of the Brazilian Securities and Exchange
Commission (CVM), informs its stockholders and the market in
general that it released as of this date its projections for the
year 2024 in accordance with item 3 ("Projections") of the
Reference Form.
|
2024
Guidance
|
Consolidated
|
Growth on a
comparable basis4
|
|
Total credit
portfolio¹
|
growth between
6.5% and 9.5%
|
|
|
Financial margin with
clients
|
growth between
4.5% and 7.5%
|
growth between
5.5% and 8.5%
|
|
Financial margin with
the market
|
between
R$3.0 bn and R$5.0 bn
|
|
|
Cost of
credit²
|
between
R$33.5 bn and R$36.5 bn
|
|
|
Commissions and fees
and results
from insurance operations³
|
growth between
5.0% and 8.0%
|
growth between
5.5% and 8.5%
|
|
Non interest
expenses5
|
growth between
4.0% and 7.0%
|
growth between
5.0% and 8.0%
|
|
Effective tax
rate
|
between
29.5% and 31.5%
|
|
|
(1) Includes financial
guarantees provided and corporate securities; (2) Composed of
results from loan losses, impairment and discounts granted; (3)
Commissions and fees (+) income from insurance, pension plan and
premium bonds operations (-) expenses for claims (-) insurance,
pension plan and premium bonds selling expenses; (4) Considers pro
forma adjustments in 2023 of the sale of Banco Itaú Argentina; (5)
Core expenses below inflation.
|
It is worth mentioning that the Company
considers, for business management purposes, a cost of capital of
approximately 13.75% p.y.
Information on outlooks for the business,
projections and operational and financial goals are solely
forecasts, based on management's current outlook in relation to the
future of Itaú Unibanco. These expectations are highly dependent on
market conditions, general economic performance of the country, of
the sector and the international markets. Therefore, our effective
results and performance may differ from those forecasted in this
prospective information.
Renato Lulia Jacob
Group Head of Investor Relations and
Market Intelligence
Contacto:
Phone: (11) 5019-8880 / 8881
E-mail: imprensa@itau-unibanco.com.br
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SOURCE Itaú Unibanco Holding S.A.