NYSE:ITUB (Brazil)  
Itau Unibanco Holding SA logo

Itau Unibanco Holding SA

$ 4.99 -0.03 (-0.6%) 08:08 PM EST
P/E:
7.45
P/B:
1.30
Market Cap:
$ 48.33B
Enterprise V:
$ 92.87B
Volume:
21.39M
Avg Vol (2M):
33.62M
Also Trade In:
Volume:
21.39M
Market Cap $:
48.33B
PE Ratio:
7.45
Avg Vol (2-Month):
33.62M
Enterprise Value $:
92.87B
PB Ratio:
1.30

Business Description

Description
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. Its commercial and consumer loans account for 36% of the bank's total loans each, while foreign loans now account for 28% of the bank's portfolio. Itaú 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.