Itaú Unibanco (ITUB) fell 4.04% to $9.74 on October 7, 2026, as investors took profits after the stock reached a five-year high following Brazil's presidential election. The decline occurred despite a rally triggered by conservative candidate Flávio Bolsonaro's stronger-than-expected performance in the first round of voting, which boosted expectations for Brazilian bank earnings. A runoff election will determine the final outcome, creating uncertainty that prompted investors to lock in gains.

Banco Itau (ITUB) surged 5.4% to $8.53 on strong volume, driven by supportive shareholder-return measures and strength in Brazil's financial sector. The company is expected to report quarterly earnings of $0.22 per share (+22.2% YoY) and revenues of $9.53 billion (+12.6% YoY). However, with unchanged earnings estimate revisions over the past 30 days, the stock's momentum may face headwinds. ITUB carries a Zacks Rank #3 (Hold).

Itaú Unibanco's Board of Directors approved a new stock buyback program on February 4, 2026, authorizing the purchase of up to 200 million preferred shares through August 4, 2027. The program aims to provide shares for employee compensation and long-term incentive plans, or to cancel shares. The company has BRL 59.98 billion in available funds for the buyback, representing approximately 3.74% of the preferred shares in free float.

Serabi Gold reported strong financial and operational performance in Q3 2025, with gold production increasing 19% to 32,634 ounces, EBITDA rising 95% to $48.2 million, and cash balance growing to $38.8 million.

Itaú Unibanco Holding S.A. announced dividend payments of BRL1.868223 per share and interest on capital of BRL0.369750 per share, totaling BRL 23.4 billion. The company also approved cancellation of 78,850,638 preferred shares worth R$ 3 billion.

Serabi Gold reported strong financial performance in the first half of 2025, with gold production increasing 14% to 20,545 ounces, EBITDA more than doubling to $26.3 million, and post-tax profit rising to $18.9 million, driven by higher gold prices and improved operational efficiency.

Itaú Unibanco Holding S.A. announced the payment of dividends and interest on capital to its shareholders on March 7, 2025, totaling R$15 billion.

Itau Unibanco (ITUB) is well-positioned to gain from its efforts to grow inorganically in Brazil and abroad. However, its elevated cost base is set to hinder the bottom-line growth in the upcoming period.

Today's Research Daily features new research reports on 16 major stocks, including Chevron Corporation (CVX), Amgen Inc. (AMGN) and Philip Morris International Inc. (PM), as well as two micro-cap stocks Hurco Companies, Inc. (HURC) and Perma-Pipe International Holdings, Inc. (PPIH).

Investors need to pay close attention to Itau Unibanco (ITUB) stock based on the movements in the options market lately.

Itau Unibanco (ITUB) unveils its plan to merge with its subsidiary, Hipercard. This is set to help the company achieve greater synergy, streamline costs and improve efficiency.

Itau Unibanco's (ITUB) first-quarter earnings reflect higher revenues and strength in balance sheet position. However, an increase in expenses is a near-term concern.