Brazilian stock alert


Afternoon Alert: Itau Unibanco in 2nd consecutive rise, nears four-month high 16 January 2018 12:10 BRST


Itau Unibanco Holding (SA:ITUB4) extended its gains Tuesday, rising an additional 25.0 centavos (or 0.5%) to trade at R$45.86. The preference stock increased 0.62% on Monday bringing its 2-day rise to 1.2%. It is now approaching its 94-day high of R$45.88.

SECTION 1: The past week

Current indications of bullish signals that support the trend in the unusual trading

1.1 At a glance

Weekly: Itau Unibanco increases 1.2% on average volume January 15, 2018 18:00 BRST

Itau Unibanco Holding (SA:ITUB4), Brazil's largest Bank by market cap, has increased 53.0 centavos (or 1.2%) in the past week to close at R$45.61. Compared with the Brazil Index 50 which rose 63.6 points (or 0.5%) in the week, this represented a relative price increase of 0.7%. The volume was 0.9 times average trading per week of 50.9 million. In the past week the market cap has risen R$1.7 billion.

1.2 5-day Recap

Itau Unibanco outperformed the Brazil index 50 in 3 out of 5 days.

DayHeadlineClose price [BRL]Price change %Relative change %Comment
MondayItau Unibanco hits three-month high45.610.60.1
ThursdayItau Unibanco hits three-month high on average volume45.372.10.6Top Rise


DayHeadlineClose price [BRL]Price change %Relative change %Comment
FridayItau Unibanco decreases45.33-0.1-0.1
WednesdayItau Unibanco falls 1.9% from 14-day high44.44-0.30.5
TuesdayItau Unibanco decreases 1.1% on robust volume44.59-1.1-0.8Steepest Fall

Fundamental measures by comparison with the sector average [in brackets] indicate:


Price to Book of 1.4 [1.5]

Dividend yield of 3.3% [3.6%]


Return on Equity 19.0% [13.2%]

Return on Assets 1.7% [1.3%]


Price/Earnings of 12.8 [7.7]

SECTION 2: Ranking

DescriptionValueRank In Market
MCap $US billion46.1In Top 2%
52-week Range (in R$)31.7-45.9
1-month Range (in R$)40.7-45.9

SECTION 3: Earnings

FY2016 Annual Report: Itau Unibanco Net Profit down 9.6%

Itau Unibanco (SA:ITUB4) reported net profit for the year-ended 31 December 2016 of BRL23.3b ($US7.2b), down 9.6% from BRL25.7b ($US6.5b) in the previous year.

Major changes compared with previous year:

Favourable Changes:

- Profit before tax to Sales up from 7.6% to 23.6%

- Debt to Equity down 8.9% from 5.8 to 5.2

- Retained earnings to total assets up from 1.6% to 2.1%

- Cash to Total Assets up from 6.7% to 7.7%

- Long-term investments to Total Assets up from 0.3% to 0.4%

Unfavourable Changes:

- Net profit down 9.6% from BRL25.7b ($US6.5b) to BRL23.3b ($US7.2b)

- Total revenue down 59.5% from BRL299.6b ($US75.2b) to BRL121.2b ($US37.3b)

- EPS down 8.2% from BRL3.89 (US97.69c) to BRL3.57 ($US1.1)

- Sales to total assets down 36.8 from 0.2 to 0.1

- Interest expenses to Sales up from 31.3% to 58.9%

- Fixed Assets to Total Assets down from 0.7% to 0.6%

- Net tangible assets per share down 2.4% from BRL16.46 ($US4.1) to BRL16.07 ($US4.9)


- Intangibles to Total Assets up from 0.7% to 1.3%

SECTION 4: Recent News of Itau Unibanco

January 08: Itau Unibanco announces dividend

Itau Unibanco today announced a cash dividend of 1.50 centavos per share. The ex dividend date is Friday, December 29, 2017 and the record date is Thursday, December 28, 2017 and it is payable on Thursday, February 01.

December 04 2017: Itau Unibanco announces dividend

Itau Unibanco today announced a cash dividend of 1.50 centavos per share. The ex dividend date is Friday, December 01 and the record date is Thursday, November 30, 2017 and it is payable on Tuesday, January 02, 2018.

Itau Unibanco Holding (SA:ITUB4; SAO:ITUB4; BZ:ITUB4)


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