Itau Unibanco Holding S.A. (ITUB) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, good morning everyone. I am Renato Luglia and it is a pleasure to have you joining us at another Itaú Unibanco Quarter Earnings Conference. Milton will explain our performance and earnings for the first quarter of 2025 in a new format. from Itaú BBA's auditorium at Faria Lima headquarters in São Paulo. Then, we will host a Q&A session in which analysts and investors will be able to interact directly with us from the studio, which is right next door to the auditorium. I would like to give you some instructions to make the most of today's meeting. For those of you who are accessing this via our website, There are three options for audio on the screen. The entire content in Portuguese, the entire content in English, or in the original audio, and we will have simultaneous translation in the first two alternatives. To choose your option, all you have to do is click the flag at the top left corner of your screen. Questions can also be forwarded via WhatsApp to the number appearing on your screen. Today's presentation is available for download on the hot site screen and also, as usual, on our Investor Relations website. That is it for now from me. Now I will hand over to Milton, and we will meet later next door in the studio for the Q&A session. Milton, over to you. Good morning. Welcome to yet another earnings presentation. Let's talk about the earnings for the first quarter of 2025 with two key changes. First, we have changed the presentation format itself to make it easier for you to understand it and to deep dive. And I will also talk about some disclosure changes we have made, both in the credit portfolio chart and the service and insurance revenue breakdown. In addition, throughout the presentation, I will also highlight the impacts of implementing Resolution 4...