Itausa Investimentos ITAU SA reported record second-quarter 2026 results with recurring net income of BRL8.8 billion, up 12% year-over-year, and revenue of BRL9.6 billion, up 22%. The company's return on equity reached 19.3% on a recurring basis, while net debt stood at BRL1.2 billion and net assets were approximately BRL94 billion. Itausa declared BRL2.8 billion in proceeds in the first half, maintaining a dividend yield of 10%, and its non-financial sector results rose 30% semester-over-semester to BRL600 million. CEO Alfredo Egydio Setubal said the end of PIS/COFINS tax inefficiency in 2027 will eliminate an annual expense of BRL860 million, potentially freeing cash for reinvestment or higher shareholder returns from 2028 onwards.
Itau Unibanco Banco Holding SARecord recurring net income and revenue growth, with strong ROE and dividend yield.
