SÃO PAULO, Feb. 10, 2022
/PRNewswire/ -- Itaú Unibanco Holding S.A. ("Company" or "Itaú
Unibanco"), in compliance with Article 157, Paragraph 4 of Law
6,404/76 and Instruction no. 358/02 of the Brazilian Securities and
Exchange Commission, informs its stockholders and the market in
general that as of this date it has announced its projections for
the year 2022 in accordance with the provision in item 11
("Projections") of the Reference Form.
|
Consolidated
|
Brazil1
|
|
|
|
total credit
portfolio2
|
between
9.0% and 12.0%
|
between 11.5%
and 14.5%
|
|
|
|
|
|
|
financial margin
with clients
|
between 20.5%
and 23.5%
|
between 22.0%
and 25.0%
|
|
|
|
|
|
|
financial margin
with the market
|
between R$1.0
bn and R$3.0 bn
|
between R$0.3
bn and R$2.3 bn
|
the hedge of the
capital ratio
with an impact of
approximately R$2 billion
|
|
|
|
|
|
cost of
credit3
|
between R$25.0
bn and R$29.0 bn
|
between R$23.0
bn and R$27.0 bn
|
|
|
|
|
|
|
commissions and
fees and results
from insurance operations4
|
between 3.5%
and 6.5%
|
between 4.0%
and 7.0%
|
considers the
adjusted 2021
result excluding participation
in XP Inc.
|
|
|
|
|
|
non-interest
expenses
|
between 3.0%
and 7.0%
|
between 3.0%
and 7.0%
|
efficiency ratio in
Brazil below 40%
in 4Q22. Core cost nominally stable
in 2022
|
|
|
|
|
|
effective tax
rate
|
between 30.0%
and 33.0%
|
between 31.0%
and 34.0%
|
|
|
|
|
|
|
recurring
managerial ROE
|
-
|
-
|
sustainable ROE
around 20%
|
|
|
|
|
|
capital
|
-
|
-
|
tier I capital above
risk appetite
|
(1) Includes units abroad ex-Latin
America; (2) Includes financial guarantees provided and
corporate securities; (3) Composed of result from loan losses,
impairment and discounts granted; (4) commissions and fees (+)
income from insurance, pension plan and premium bonds operations
(-) expenses for claims (-) insurance, pension plan and premium
bonds selling expenses.
It's worth mentioning that the company considers, for management
purposes, a cost of capital of around 14.0% per year.
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.
São Paulo, February 10,
2022
Renato Lulia
Jacob
Group Head of Investor Relations and Marketing
Intelligence
Itaú Unibanco – Corporate
Communication
(11) 5019-8880 / 8881 – imprensa@itau-unibanco.com.br
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SOURCE Itaú Unibanco Holding S.A.