Itau Unibanco Holding (Itau Unibanco Holding) Interest Expense : $-31,834 Mil (TTM As of Dec. 2023)

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What is Itau Unibanco Holding Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Itau Unibanco Holding's interest expense for the three months ended in Dec. 2023 was $ -7,489 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-31,834 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Itau Unibanco Holding's Operating Income for the three months ended in Dec. 2023 was $ Mil. Itau Unibanco Holding's Interest Expense for the three months ended in Dec. 2023 was $ Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Itau Unibanco Holding Interest Expense Historical Data

The historical data trend for Itau Unibanco Holding's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Itau Unibanco Holding Interest Expense Chart

Itau Unibanco Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-18,506.03

-14,297.82

-12,255.74

-26,406.95

-32,297.24

Itau Unibanco Holding Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-11,459.37	-7,612.99	-8,637.33	-8,094.84	-7,489.29

Itau Unibanco Holding Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-31,834 Mil.

Itau Unibanco Holding (Itau Unibanco Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Itau Unibanco Holding SA (NYSE:ITUB) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

ITUB:Mexico BVXB:Germany BVXB:Germany ITUB4:Brazil ITUB3:Brazil ITUB:Argentina

Address

Praca Alfredo Egydio de Souza Aranha, 100, Torre Olavo Setubal, Parque Jabaquara, Sao Paulo, SP, BRA, 04344-902

Website

https://www.itau.com.br

Itaú Unibanco is the largest privately held bank in Brazil, the result of the 2008 merger between Banco Itaú and Unibanco. In addition to Brazil, the bank has significant operations in Chile, Colombia, Argentina, Uruguay, and Paraguay. Itaú's commercial and consumer loans account for 33% and 44%% of the bank's total loans, respectively, while foreign loans account for 23% of its portfolio. The bank also operates the fifth-largest insurer in Brazil and is the second-largest asset manager in the country, giving it broad reach over the Brazilian financial system.