Itau Unibanco Holding S.a. · BMFBOVESPA:ITUB3
Itau Unibanco — Q1 2026 Earnings Presentation
54 slides from Itau Unibanco's earnings presentation, May 6, 2026
Slide 1: Announcement to the Market 1st Quarter 2026 Results
Announcement to the Market 1st Quarter 2026 Results Itaú Unibanco Holding S.A. (“Company”) announces to its stockholders and to the market in general that the Complete Financial Statements for the year ended March 31, 2026, and the Management Discussion and Analysis for the 1st Quarter of 2026 are a
Slide 2: Announcement to the Market Attachment 01 (Portuguese only)
Announcement to the Market Attachment 01 (portuguese only)
Slide 3: São Paulo, 06 de Maio de 2026
1 São Paulo, 06 de Maio de 2026 Itaú Unibanco Holding S.A.
Slide 4: Destaques
2 Destaques Nota: A partir do primeiro trimestre de 2026, a demonstração de resultado considera as reclassificações gerenciais anunciadas no fechamento do quarto trimestre de 2025, além da consolidação do resultado da Avenue em função da aquisição do controle da companhia. (1) Desconsiderando o efei
Slide 5: Carteira de crédito
3 mar/26 dez/25 D mar/25 D Pessoas físicas 479,5 474,3 1,1% 448,8 6,8% Cartão de crédito 150,2 153,5 -2,1% 138,9 8,2% Crédito pessoal 68,6 67,4 1,8% 67,3 1,8% Crédito consignado 78,6 75,3 4,4% 74,1 6,1% Veículos 35,7 36,3 -1,7% 36,8 -3,2% Crédito imobiliário 146,4 141,7 3,3% 131,6 11,2% Micro, peque
Slide 6: Qualidade do crédito NPL
4 3,8% 3,6% 3,6% 3,6% 3,6% 3,6% 1,7% 1,6% 1,6% 1,7% 1,8% 1,9% 0,1% 0,1% 0,1% 0,1% 0,1% 0,1% dez/24 mar/25 jun/25 set/25 dez/25 mar/26 NPL 15 - 90 dias - % Pessoas físicas Brasil Total Micro, pequenas e médias empresas América Latina Grandes empresas consolidado NPL 90 dias - % Brasil consolidado Bra
Slide 7: Qualidade do crédito
5 Carteira PF com Garantia: 56% 56% 21 % 18% 8% 100 123 105 dez/19 jan/26 100 123 106 dez/19 jan/26 Veículos Pessoa física | endividamento¹ ex-imobiliário 36% Qualidade do crédito Total 55% Pessoa física | atraso acima de 90 dias MPME | Carteira com garantia 15% dez/19 mar/26 +x,xp.p. +x,xp.p. Crédi
Slide 8: Índice de Eficiência
6 Consolidado Brasil Índice de Eficiência (%) Em R$ bilhões 1T26 4T25 D 1T25 D Comercial e administrativa (pessoal) (6,5) (6,7) -3,4% (6,0) 7,2% Transacionais (pessoal, operações e atendimento) (3,9) (4,2) -7,1% (4,0) -1,0% Tecnologia (pessoal e infraestrutura) (3,1) (3,2) -2,5% (2,8) 8,9% Outras de
Slide 9: Capital
7 (1) Inclui ajustes prudenciais e patrimoniais. Capital principal (CET I) Capital complementar nível I (AT1) Capital Índice de Capital nível I - dez/25 Lucro líquido Índice de Capital nível I - mar/26 + 0,8% Phase in risco operacional e resolução 229 - 0,3% 1,4% 12,0% Ativos ponderados pelo risco1
Slide 10: Relatórios anuais
8 Relatórios anuais Sumário GRI, SASB, ODS, PRB e PRSAC. Planilha de indicadores ESG com dados históricos
Slide 11: Investimentos no Brasil
9 Investimentos no Brasil Mais de R$ 1 trilhão em valor investido desde 2015 R$ 129 bi em 2025 R$ 29 bi 9% 34% 23% Impostos e Tributos 34% R$ 44 bi R$ 44 biR$ 11 bi Investimento no Brasil em 2025 Em R$ bilhão Nota: Baseado em informações gerenciais. Valor distribuídos aos colaboradores e terceiros V
Slide 12: São Paulo, de Maio de 2026
10 São Paulo, 06 de Maio de 2026 Itaú Unibanco Holding S.A.
Slide 13: Announcement to the Market Attachment 02
Announcement to the Market Attachment 02
Slide 14: São Paulo, May 6th 2026
1 São Paulo, May 6th 2026 Itaú Unibanco Holding S.A.
Slide 15: Highlights
2 Highlights Note: As from the first quarter of 2026, the income statement considered the managerial reclassifications announced at the closing of the fourth quarter of 2025, in addition to the consolidation of Avenue’s results due to the acquisition of control of the company. (1) Excluding the effe
Slide 16: Credit portfolio
3 Mar-26 x Dec-25 Mar-26 x Mar-25 1Q26 x 4Q25 1T26 x 1T25 In R$ billion Private sector Target clients 0.0% SMEs Government facilities 9.9% 19.1% Payroll loans Credit cards R$ 32 bilhões Originação últimos 12 meses Maior banco privado em Crédito Imobiliário 51% market share entre os privados² 63.0% U
Slide 17: Financial margin with clients
4 9.2% 9.4% 9.2% 9.1% 9.1% 6.2% 6.4% 6.3% 6.2% 6.1% 6.2% 1Q25 2Q25 3Q25 4Q25 1Q26 In R$ billion Margin with clients Risk-adjusted margin with clients R$0.1 bn (+0.3%) Financial margin with clients Annualized average margin Consolidated Annualized average margin Brazil (1) Includes capital allocated
Slide 18: Financial margin with the market
5 Financial margin with the market Brazil Latin America Capital index hedge in R$ billion 0.2 0.2 0.3 0.2 0.2 1.2 1.3 1.3 1.1 1.3 0.9 0.9 0.9 0.6 0.8 -0.5 -0.6 -0.7 -0.7 -0.7 1Q25 2Q25 3Q25 4Q25 1Q26
Slide 19: Commissions, fees and result from insurance
6 (1) Includes fund management fees and “consórcio” management fees; (2) Result from insurance includes the revenues from insurance, pension plan and premium bonds operations net of retained claims. Seguros6 2025 x 2024 13,1%Prêmios ganhos 20,4%Resultado recorrente Adquirência 1T26 x 4T25 1T26 x 1T2
Slide 20: Credit quality
7 2.8% 3.1% 3.0% 3.0% 2.7% 3.0% 1.2% 1.2% 1.2% 1.3% 1.3% 1.4% 0.02% 0.09% 0.05% 1.05% 0.03% 0.1% Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 Mar-26 2.0% 1.9% 1.9% 1.9% 1.9% 1.9% 2.1% 2.0% 2.0% 2.0% 2.0% 2.1% 1.3% 1.4% 1.4% 1.3% 1.2% 1.1% Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 Mar-26 1.6% 1.8% 1.7% 2.0% 1.6% 1.7%
Slide 21: Credit quality
8 7.1% 4.2% 100 123 105 Dec-19 Jan-26 56% 21 % 18% 8% Auto loans Individuals | indebtedness¹ ex-mortgage 36% Credit Quality Total 55% Individuals | Over 90 days NPL SMEs | Collateralized portfolio 15% Dec-19 Mar-26 Personal loans² Credit card Itaú Mercado ex- Itaú Target Total (1) Indebtedness: tota
Slide 22: Credit quality – Resolution 4,966 ratios
9 22.9% 23.7% 24.1% 23.9% 23.3% 22.9% 24.5% 26.1% 26.5% 26.5% 26.3% 26.2% 16.9% 16.6% 16.7% 14.5% 14.4% 14.6% 23.9% 22.9% 23.6% 24.2% 22.5% 20.8% Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 Mar-26 55.0% 56.1% 55.8% 55.9% 54.7% 53.6% 59.8% 61.4% 59.2% 59.6% 59.7% 59.3% 42.4% 43.1% 43.4% 40.2% 39.4% 39.7% 55.3
Slide 23: Quality and cost of credit
10 Quality and cost of credit 40.1 38.8 38.4 35.1 34.8 23.7 22.6 22.0 18.3 18.0 Mar-25 Jun-25 Sep-25 Dec-25 Mar-26 2.7% 2.7% 2.7% 2.7% 2.7% 3.2% 3.1% 3.0% 2.6% 2.6% Annualized cost of credit / Loan portfolio² - (%) Cost of credit¹ (in R$ billion) Renegotiated portfolio (Credit and securities) (in R$
Slide 24: Efficiency ratio and non-interest expenses
11 39.6% 37.0% 38.0% 38.8% 38.3% 37.1% 37.4% 35.1% 36.3% 37.1% 36.4% 34.9% 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 Consolidated Brazil Efficiency ratio (%) Non-interest expenses 1Q26 4Q25 1Q25 Commercial and administrative (personnel) (6.5) (6.7) -3.4% (6.0) 7.2% Transactional (personnel, operations and s
Slide 25: Capital
12 (1) Includes Prudential and equity adjustments. Capital Dec-25 Tier I capital Net income Mar-26 Tier I capital + 0.8% Phase in of operational risk and resolution 229 - 0.3% 1.4% 12.0% Risk weighted assets1 - 0.5% 13.4% Dividends and interest on own capital and shares buyback - 0.4% 12.3% 1.5% 13.
Slide 26: Annual reports
13 Annual reports Integrated Annual Report ESG Report Strategic overview of value creation and business, as well as climate-related topics and capital performance Overview of environmental, social and Governance topics, focusing on management practices and business GRI summary, SASB, SDG, PRB and PR
Slide 27: São Paulo, May 6th 2026
14 São Paulo, May 6th 2026 Itaú Unibanco Holding S.A.
Slide 28: Additional information
15 Additional information
Slide 29: 2026 Guidance
16 2026 Guidance Guidance for the year remains unchanged 2026 Guidance Total credit portfolio¹ Credit portfolio - Brazil Financial margin with clients Cost of credit² Financial margin with the market Commissions and fees and results from insurance operations³ Non-interest expenses Effective tax rate
Slide 30: Results
17 Results In R$ million 1Q26 4Q25 1Q25 Operating Revenues 46,822 47,617 -1.7% 44,793 4.5% Managerial Financial Margin 32,326 32,314 0.0% 31,081 4.0% Financial Margin with Clients 31,506 31,717 -0.7% 30,158 4.5% Financial Margin with the Market 820 597 37.4% 923 -11.2% Commissions and Fees 10,993 11
Slide 31: Business model
18 Business model (1) Revenues from Insurance includes the Revenues from Insurance, Pension Plan and Premium Bonds Operations before Retained Claims . (2) Include Tax Expenses (ISS, PIS, COFINS and other) and Minority Interests in Subsidiaries. Total Credit Trading Insurance & services Excess capita
Slide 32: São Paulo, May 6th 2026
19 São Paulo, May 6th 2026 Itaú Unibanco Holding S.A.
Slide 33: Announcement to the Market Attachment 03
Announcement to the Market Attachment 03
Slide 34: Institutional Presentation
Institutional Presentation
Slide 35: The largest bank in Latin America
With 101 years of history, we are the largest bank in Latin America* Market Value¹ USD 96 bn Total Assets² BRL 3,200 bn Loan Portfolio² BRL 1,482.7 bn Recurring ROE³ 24.8% Efficiency Ratio in Brazil5 36.2% Employees in Brazil and overseas² 91.5 k We are the only bank in Latin America making up the D
Slide 36: Our culture: we put the client first
We put the client first We don’t have allthe answers @ Itubers are determined to wow the client. @ Itubers innovate based on the client’s needs. © Itubers always make things simple. @ Itubers are curious about the world and are always learning. @ Itubers test, make mistakes, learn and improve. © Itu
Slide 37: Our history and ability to adapt
4 1924 Casa Moreira Salles (Unibanco) opens the banking division in 1924 and Banco Central de Crédito (Itaú) opens in 1943 1960 First credit and debit cards Our ability to adapt, innovate and change has enabled us to get where we are now 1970 1980 2000 200220072008201220142019 2020 2022 2023 2024 On
Slide 38: We offer a complete ecosystem
We offer a complete ecosystem... Integrated systems enable the best and most complete experience allowing our customers full access to our solutions in a simple and tempestive manner. We work to offer a full digital operation delivering the best products and services for our clients with a very comp
Slide 39: Most complete portfolio of financial products and services
6 Acquiring (Laranjinha) Digital wallets, contactless payment and more than 50 brands. Loans 100% online through the app or at the branches. Mortgage Exclusive service and support throughout the process. And many more solutions for our customers! ... with the most complete portfolio of financial pro
Slide 40: We serve clients how, when and where they want
We serve clients how, when and where they want to be served 2.4 k Branches In-Person 12.9 k ATMs3 In Brazil and in our Other Latin American¹ operations WhatsApp E-mail Telephone Chat Click to human Bankline Mobile banking 100% of the features in the App Our footprint is constantly optimized by our c
Slide 41: Our commitment to serve our clients
Our commitment: to serve our clients where, when and how they want to be served The client is the focus of everything we do Access to the same type of service, independently of the channel Our team is obstinate in delighting clients... Robust innovation ecosystem based on clients needs ... and alway
Slide 42: Technology enables the best possible service
9 Technology enables the best possible service to our customers 98% Quality 1Q26 x 1Q18 increase in the volume of change deployments and technology updates reduction in UX high- impact incidents reduction in the cost of single transactions 2,813% Speed 1Q26 x 1Q18 44% Cost 1Q26 x 1Q18 Quality Method
Slide 43: Continuous investment in technology
10 Continuous investment in technology 1Q26 vs 2018 Process review, simplification and optimization, task automation, and data and analytics usage Ongoing activities and processes reviews to seek efficiency gains Strengthening culture We create value in a consistent way + 3x - 31% Solution developme
Slide 44: Our ESG strategy has evolved
11 Our ESG strategy has evolved Our ESG Strategy is supported by a solid foundation of governance and conduct, focusing on three pillars of action: Diversity and development Promote diversity and inclusion, fostering the social and financial development of people and companies in favor of a fairer a
Slide 45: Diversity and development
12 Diversity and development Women 53.6% of employees by the end of 2025 Black 30.4% of employees by the end of 2025 Leadership positions Goal: 35% to 40% Hiring flow Goal: >50% Full time employees¹ Goal: 27% to 30% Hiring flow Goal: >40% Notes: The indicators are included in our ESG 2025 Report and
Slide 46: A diverse team is essential
13 A diverse team is essential… Engage 100% of suppliers in ESG 1 List composed of 100 suppliers selected based on social, environmental, climate and governance risk criteria, in addition to the volume and relevance of contracts and the direct impact on the business. 2 Companies in which women hold
Slide 47: Climate transition and decarbonization goals
14 ¹ Scope 2 - By purchase choice.² Except for financed emissions and commuting (categories 15 and 7). Steel: 23% Aluminum 19% Coal: Phase-out Transportation: 44% Cement: 23% Electricity Generation: 63% Sectoral decarbonization goals Priority carbon-intensive sectors for aligning our portfolio with
Slide 48: Commitments to positive impact
15 The sustainability of our performance is reinforced by our commitments to positive impact... ESG strategic goals Financing in sectors with a positive impact of BRL 1 trillion by the end of 2030 Directed for credit operations and financing for the sustainable economy from 2020¹. 1 (1) As of Jan/20
Slide 49: Focus on sustainable value creation
16 ... and by the focus in sustainable value creation Average Cost of CapitalROE Recurring Managerial Result Value Creation Cost of Capital BRL billion 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1Q25 1Q26 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1Q25 1Q2
Slide 50: Higher revenue with cost discipline
17 1Q26 BRL 31.5 bn Clients NII 0.7% 1Q26 vs. 4Q25 (BRL billion) 4.5% 1Q26 vs. 1Q25 We have been presenting higher revenue with a cost discipline... 20.0 24.0 26.5 30.2 1Q22 1Q23 1Q24 1Q25 1Q26 BRL 14.0 bn Commissions and insurance 5.7% 1Q26 vs. 4Q25 (BRL billion) 5.3% 1Q26 vs. 1Q25 1Q26 BRL 16.2 bn
Slide 51: Without overlooking risk management
18 (1) Includes financial guarantees provided and private bonds; (2) Starting on 4Q24, 90 days NPL includes securities. Excluding the effect of credit sales (more details in the report “Management analysis of the operation and complete financial statements 1Q26”); (3) Deposits + Debentures + TVM Obl
Slide 52: One Itaú
19 One Itaú - one of the main levers in the short term to intensify relationships with our clients Individuals - More engagement and focus on being the clients’ primary bank Insurance More than 20 products and services offered at our open platform and more than 15 partners Potential growth in the se
Slide 53: 2026 Guidance
2026 Guidance 20 2026 Guidance Total credit portfolio¹ Credit portfolio - Brazil Financial margin with clients Cost of credit² Financial margin with the market Commissions and fees and results from insurance operations³ Non-interest expenses Effective tax rate Growth between 5.5% and 9.5% Growth bet
Slide 54: Investor Relations
21 (11) 2794-3547 | ri@itau-unibanco.com.br | www.itau.com.br/relacoes-com-investidores/en/ Investor Relations
Itau Unibanco Holding — Q1 2026 Earnings Presentation on 6ix