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Itau Unibanco HoldingBSP:ITUB4 -2.58%67 Debt-to-Equity is 2.57 as of Jun. 2026, which is 13% above its 10-year median of 2.28. GuruFocus rates BSP:ITUB4 with a GF Score™ of 67/100 and a GF Value™ of R$28.52 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,421 Banks companies, Itau Unibanco Holding ranks worse than 89.66% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Itau Unibanco Holding's Debt-to-Equity or its related term are showing as below:
BSP:ITUB4'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.58 Med: 2.28 Max: 2.76
Current: 2.57
During the past 13 years, the highest Debt-to-Equity Ratio of Itau Unibanco Holding was 2.76. The lowest was 0.58. And the median was 2.28.
BSP:ITUB4's Debt-to-Equity is ranked worse than 89.66% of 1421
companies
in the Banks industry
Industry Median: 0.58
vs BSP:ITUB4: 2.57
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Itau Unibanco Holding Debt-to-Equity Related Terms
Itau Unibanco Holding Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Itau Unibanco Holding's Debt-to-Equity 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.
For the Banks - Regional subindustry, Itau Unibanco Holding's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Itau Unibanco Holding Debt-to-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Itau Unibanco Holding's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Itau Unibanco Holding's Debt-to-Equity falls into.
* 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.
Itau Unibanco Holding (BSP:ITUB4) has a Debt-to-Equity of 2.57 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Itau Unibanco Holding and its competitors. This is 13% above median its historical median of 2.28. Over the past decade, Itau Unibanco Holding's Debt-to-Equity has ranged from 0.58 to 2.76. According to the industry distribution chart, Itau Unibanco Holding ranks #1274 out of 1421 companies in the Banks industry, placing it in the top 89.7%.
Is Itau Unibanco Holding's Debt-to-Equity too high?
Itau Unibanco Holding's current Debt-to-Equity of 2.57 is 13% above median its 10-year median of 2.28. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 2.76. The Banks industry median Debt-to-Equity is 0.58. Itau Unibanco Holding's value of 2.57 is 343.1% above this industry median. Based on the distribution chart, Itau Unibanco Holding ranks #1274 out of 1421 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Itau Unibanco Holding has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Itau Unibanco Holding's Debt-to-Equity compare to competitors?
According to the Banks industry distribution chart, Itau Unibanco Holding ranks #1274 out of 1421 companies for Debt-to-Equity. This places Itau Unibanco Holding in the lower half of its industry. The industry median Debt-to-Equity is 0.58. Itau Unibanco Holding's value of 2.57 is 343.1% above this benchmark. Historically, Itau Unibanco Holding's own Debt-to-Equity has ranged from 0.58 to 2.76 over the past decade. While the company's 10-year median is 2.28 vs. the industry median of 0.58, Itau Unibanco Holding has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Banks company?
The median Debt-to-Equity among Banks companies is 0.58, based on 1,421 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Itau Unibanco Holding's current Debt-to-Equity of 2.57 is 343.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Itau Unibanco Holding and its competitors. For the Banks industry, the median Debt-to-Equity is 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Itau Unibanco Holding's current Debt-to-Equity is 2.57, which is 13% above median its own 10-year median of 2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Itau Unibanco Holding stock overvalued right now?
Based on GuruFocus' analysis, Itau Unibanco Holding (BSP:ITUB4) is currently considered Significantly Overvalued. The stock's GF Value™ is R$28.52, compared to a current price of R$40.75 — trading 42.9% above its estimated fair value. The current Debt-to-Equity is 2.57, which is 13% above median its 10-year median of 2.28 and 343.1% above the Banks industry median of 0.58. Itau Unibanco Holding's overall GF Score™ is 67/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Itau Unibanco Holding (BSP:ITUB4), the current Debt-to-Equity is 2.57 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Itau Unibanco Holding (BSP:ITUB4) Overvalued in 2026?
Based on GuruFocus' analysis, Itau Unibanco Holding stock appears to be overvalued.
The current stock price of R$40.75 is trading 42.9% above its estimated GF Value™ of R$28.52.
GuruFocus considers Itau Unibanco Holding to be Significantly Overvalued.
Key valuation signals for BSP:ITUB4:
Debt-to-Equity: 2.57 (13% above median its 10-year median of 2.28)
GF Value™: R$28.52 vs. price of R$40.75 (42.9% above fair value)
Industry Position: 343.1% above the Banks median (#1274 of 1421)
No single metric tells the full story. See the BSP:ITUB4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 35% and 43% of the bank's total loans, respectively, while foreign loans account for 22% of its portfolio as of the end of 2025. 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.
67GF Score
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