SÃO PAULO, Aug. 8, 2022
/PRNewswire/ -- Itaú Unibanco Holding S.A. ("Company" or "Itaú
Unibanco"), in compliance with Article 157, Paragraph 4 of Law
6,404/76 and Resolution no. 44/21 of the Brazilian Securities and
Exchange Commission, informs its stockholders and the market in
general that as of this date it has revised its projections for the
year 2022 in accordance with the provision in item 11
("Projections") of the Reference Form.
|
Consolidated
|
Brazil¹
|
|
|
previous
|
reviewed
|
previous
|
reviewed
|
|
|
total credit
portfolio²
|
growing
between
9.0% to 12.0%
|
growing
between
15.5% to 17.5%
|
growing
between
11.5% to 14.5%
|
growing
between
19.0% to 21.0%
|
|
|
financial margin with clients
|
growing
between
20.5% to 23.5%
|
growing
between
25.0% to 27.0%
|
growing
between
22.0% to 25.0%
|
growing
between
26.5% to 28.5%
|
|
|
financial margin with the
market
|
range from
R$ 1.0 bi to R$ 3.0 bn
|
maintained
|
range from
R$ 0.3 bi to R$ 2.3 bn
|
maintained
|
the hedge of the
capital ratio
with an impact of
approximately R$2 billion
|
|
cost of
credit³
|
range from
R$ 25.0 bi to R$ 29.0 bn
|
range from
R$ 28.0 bi to R$ 31.0 bn
|
range from
R$ 23.0 bi to R$ 27.0 bn
|
range from
R$ 26.0 bi to R$ 29.0 bn
|
|
|
commissions and fees and results
from insurance operations4
|
growing between
3.5% to 6.5%
|
growing
between
7.0% to 9.0%
|
growing
between
4.0% to 7.0%
|
growing
between
7.5% to 9.5%
|
considers the adjusted
2021
result excluding participation
in XP Inc
|
|
non-interest expenses
|
range from
3.0% to 7.0%
|
maintained
|
range from
3.0% to 7.0%
|
maintained
|
efficiency ratio in
Brazil below 40%
in 4Q22. Core cost nominally stable
in 2022
|
|
effective tax rate
|
rate between
30.0% to 33.0%
|
maintained
|
rate between
31.0% to 34.0%
|
maintained
|
|
|
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 14.5% 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, August 8,
2022
Renato Lulia
Jacob
Group Head of Investor Relations and Marketing
Intelligence
Contact:
Itaú Unibanco – Comunicação Corporativa
Telefone: (11) 5019-8880 / 8881
E-mail: imprensa@itau-unibanco.com.br
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SOURCE Itaú Unibanco Holding S.A.