Itaú Unibanco is the largest bank in Latin America by market capitalization, positioned to benefit as Brazilian interest rates normalize and credit demand recovers. The digital bank Iti is expanding the customer base at low marginal cost. Brazil rate-cycle and credit-growth signals are the dominant drivers.
Thesis reviewed May 29, 2026
Itau Unibanco Holding SA is headquartered in Brazil, which is currently showing moderate signals.
🇧🇷Brazil60NEUTRALView Brazil risk detail →🏦Financials100NEUTRAL| Ticker | Company | Score | Gap | Signal Δ | Action |
|---|---|---|---|---|---|
| CME | CME Group Inc. | 90 | +6% | ↓54% | NEUTRAL |
| LYG | Lloyds Banking Group PLC | 90 | +11% | ↓54% | ENTRY |
| IBN | ICICI Bank Limited | 90 | +11% | ↓54% | ENTRY |
| GS | The Goldman Sachs Group, Inc. | 90 | +13% | ↓54% | ENTRY |
| AIG | American International Group, Inc. | 90 | +3% | ↓54% | NEUTRAL |
| ING | ING Groep N.V. | 90 | +10% | ↓54% | NEUTRAL |
| GGAL | Grupo Financiero Galicia S.A. | 90 | +13% | ↓54% | ENTRY |
Investors who hold ITUB may also have indirect exposure through these country funds.
Brazil rate normalization supports Itaú credit growth outlook
Itaú digital bank Iti scales customer acquisition
Estimates · Yahoo Finance · Not audited figures