SÃO PAULO, Aug. 2, 2021
/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 revised its projections for the
year 2021 in accordance with the provision in item 11
("Projections") of the Reference Form.
guidance
2021
|
|
consolidated
|
Brazil¹
|
|
previous
|
reviewed
|
previous
|
reviewed
|
total credit
portfolio²
|
growing between
5.5% to 9.5%
|
growing between
8.5% to 11.5%
|
growing between
8.5% to 12.5%
|
growing between
12.5% to 15.5%
|
financial margin
with clients
|
growing between
2.5% to 6.5%
|
maintained
|
growing between
3.0% to 7.0%
|
maintained
|
financial margin
with the market
|
range from
R$4.9 bn to R$6.4 bn
|
range from
R$6.5 bn to R$8.0 bn
|
range from
R$3.3 bn to R$4.8 bn
|
range from
R$3.9 bn to R$5.4 bn
|
cost of
credit³
|
range from
R$21.3 bn to R$24.3 bn
|
range from
R$19.0 bn to R$22.0 bn
|
range from
R$19.0 bn to R$22.0 bn
|
range from
R$17.0 bn to R$20.0 bn
|
commissions and
fees and results from insurance
operations4
|
growing between
2.5% to 6.5%
|
maintained
|
growing between
2.5% to 6.5%
|
maintained
|
non-interest
expenses
|
range from
-2.0% to 2.0%
|
maintained
|
range from
-2.0% to 2.0%
|
maintained
|
effective tax
rate
|
range from
34.5% to 36.5%
|
maintained
|
range from
34.0% to 36.0%
|
maintained
|
|
(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 13.0% 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, August 2,
2021
Renato Lulia Jacob
Group Head
of Investor Relations and Marketing Intelligence
Contact:
Itaú Unibanco – Corporate Communication
(11) 5019-8880 / 8881 – imprensa@itau-unibanco.com.br
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SOURCE Itaú Unibanco Holding S.A.