Itau Unibanco Holding S.a. · BMFBOVESPA:ITUB3
Itau Unibanco — Q2 2025 Earnings Presentation
19 slides from Itau Unibanco's earnings presentation, Aug 6, 2025
Slide 1: São Paulo, August 6th 2025
São Paulo, August 6th 2025 1
Slide 2: Highlights
Highlights 2Q25 2Q25 Recurring R$11.5 Recurring Consolidated 23.3% Managerial billion Managerial 0.8 p.p. vs 1Q25 0.9 p.p. vs 2Q24 Result 3.4% vs. 1Q25 14.3% vs. 2Q24 ROE¹ Brazil 24.4% 0.7 p.p. vs 1Q25 0.8 p.p. vs 2Q24 2Q25 2Q25 Margin with R$30.3 Annualized Consolidated 9.2% Clients billion Average
Slide 3: Credit portfolio
Credit portfolio in R$ billion Jun-25 Mar-25 D Jun-24 D Jun-25 x Jun-25 x Mar-25 Jun-24 Individuals 451.9 448.8 0.7% 418.3 8.0% Financed credit card 5.4% 6.1% Credit card loans 141.1 138.9 1.6% 130.9 7.7% 100% of the year over year growth in Personnalité Personal loans 67.4 67.3 0.1% 63.9 5.5% and U
Slide 4: Financial Margin with Clients
Financial Margin with Clients in R$ billion R$ 1.1 bn (+4.5%) 29.4 25.4 0.3 3.8 30.3 0.2 0.3 0.2 0.1 26.5 -4.0 Working capital¹and Spread-sensitive Working capital¹and 2 1Q25 Spread-sensitive Average Volume Product Mix Spreads and Higher number of Latin America and 2Q25 3 others operations liabi
Slide 5: Financial margin with the market
Financial margin with the market in R$ billion Brazil Latin America Capital index hedge 1.4 1.1 1.1 0.9 0.9 0.9 1.1 1.6 1.3 1.2 1.3 1.3 0.2 0.1 0.1 0.1 0.2 0.2 -0.3 -0.3 -0.4 -0.5 -0.5 -0.6 1Q24 1T24 ‘ 2Q24 2T24 ‘ 3Q24 3T24 4Q24 4T24 1Q25 1T25 2Q25 2T25 5
Slide 6: Commissions, fees and result from insurance
Commissions, fees and result from insurance in R$ billion 2Q25 1Q25 D 2Q24 D Asset Management 2Q25 x 2Q24 2Q25 Net inflow Card issuance 3.3 3.3 0.4% 3.1 4.5% Current account for individuals 0.8 0.8 -7.5% 0.9 -14.7% R$47.5 billion 30% Itaú Asset Management: the asset manager that Credit operations an
Slide 7: Credit Quality
Credit Quality Dec-19 Mar-23 Jun-23 Sep23 Dec-23 Mar-24 Jun-24 15 – 90 days NPL - % 90 days NPL- % consolidated consolidated 15 -90 days NPL with 3.1% 3.0% 2.9% 90 days NPL with securities¹ 2.6% 2.5% 2.5% securities¹ 2.4% 2.5% 2.4% 2.3% 2.4% 2.2% 2.1% 2.0% 2.0% Brazil 2.2% 2.0% 2.2% 2.3% 2.3% 2.3% 2
Slide 8: Credit Quality – Resolution 4,966 ratios
Credit Quality – Resolution 4,966 ratios Stage 2 portfolio Stage 3 portfolio 8.0% 6.0% 5.8% 5.9% 7.7% 7.8% 4.6% 4.6% 4.6% 4.4% 4.4% 4.3% 4.1% 4.3% 4.2% 4.2% 4.3% 4.2% 1.7% 1.8% 1.8% 3.5% 3.5% 3.3% Individuals Dec-24 dez/24 Mar-25 mar/25 Jun-25 jun/25 Dec-24 dez/24 Mar-25 mar/25 Jun-25 jun/25 Total S
Slide 9: Quality and cost of credit
Quality and cost of credit Credit only Credit and securities 37.6 37.4 35.8 40.1 38.8 34.6 34.2 33.1 Renegotiated portfolio (in R$ billion) 18.3 17.4 23.7 22.6 mar/24 Mar-24 jun/24 Jun-24 set/24 Sep-24 dez/24 Dec-24 mar/25 Mar-25 jun/25 Jun-25 Mar-25 mar/25 jun/25 Jun-25 Renegotiated Restructured 3.
Slide 10: Non-interest expenses
Non-interest expenses In R$ billion 2Q25 1Q25 D 2Q24 D 1H25 1H24 D Personnel expenses (6.1) (5.8) 5.3% (5.7) 7.4% (11.9) (11.3) 5.4% (commercial and administrative) Transactional expenses (4.3) (4.1) 4.1% (4.0) 5.4% (8.4) (7.9) 6.1% (operations and services) Technology expenses (2.9) (2.7) 6.8% (2.4
Slide 11: Capital
Capital 14.6% + 0.6% 12.6% 1.5%² -0.01% - 0.06% 13.1% Mar-25 Net income in the Prudential and Risk-weighted Jun-25 Common Equity quarter, after dividends equity adjustments assets1 Tier I capital Tier I (CET I) and interest on own capital Common Equity Tier I (CET I) Additional Tier I (AT1) Addition
Slide 12: Guidance 2025
Guidance 2025 Consolidated Reviewed Total credit portfolio¹ Growth between 4.5% and 8.5% Maintained Growth between Financial margin with clients Growth between 7.5% and 11.5% 11.0% and 14.0% Financial margin with the market Between R$1.0 bn and R$3.0 bn Maintained Cost of credit² Between R$34.5 bn a
Slide 13: One Itaú | Access to a fullbank platform for all customers
One Itaú | Acess to a fullbank platform for all customers Itaú intelligence • 500+ use cases of GenAI use focusing Step 1: Seamless migration Step 2: Conversion of from a sinlge-product app the client to fullbank on efficiency and productivity to a fullbank platform • New pilots for autonomous clien
Slide 14: Itaú Day 2025
® ” 2025 tau Day Sept, 297 |geniattem. s bd
Slide 15: São Paulo, August 6th 2025
São Paulo, August 6th 2025 15
Slide 16: Additional Information
Additional Information 16
Slide 17: Results
Results In R $ m illio n 2 Q2 5 1 Q2 5 D' 2 Q2 4 D' 1 H2 5 1 H2 4 D' Ope r a t ing Re ve nue s 4 5,728 4 4 ,537 2.7% 4 1,8 11 9 .4 % 9 0,26 5 8 2,16 4 9 .9 % Managerial Financial Margin 31,177 30,322 2.8% 27,665 12.7% 61,500 54,545 12.7% Financial Margin with Clients 30,320 29,399 3.1% 26,263 15.4%
Slide 18: Business model
Business model 1H25 1H24 D (1H25 x 1H24) In R$ billion Insurance Excess Insurance Excess Insurance Excess Total Credit Trading Total Credit Trading Total Credit Trading & services capital & services capital & services capital Operating revenues 90.3 49.9 1.8 37.4 1.2 82.2 45.5 1.7 34.3 0.8 8.1 4.5 0
Slide 19: São Paulo, August 6th 2025
São Paulo, August 6th 2025 19
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