Itaú Unibanco Board Approves Interest on Capital Distribution on May 28, 2026
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An update from Itau Unibanco ( (ITUB) ) is now available.
On May 28, 2026, Itaú Unibanco’s board of directors met in São Paulo under co-chairmen Pedro Moreira Salles and Roberto Egydio Setubal, with a majority quorum in accordance with the company’s bylaws. At this meeting, directors unanimously approved the payment of interest on capital to shareholders, subject to ratification at the next general shareholders’ meeting.
The board set gross interest on capital at R$0.36188 per share, with 17.5% income tax withholding, resulting in net proceeds of R$0.298551 per share for most investors. The credit will be recorded on June 29, 2026, based on shareholders of record as of June 18, 2026, with the company’s shares trading ex-rights from June 19, 2026 and payment to be completed by August 31, 2026, reinforcing Itaú Unibanco’s ongoing capital remuneration policy.
The most recent analyst rating on (ITUB) stock is a Buy with a $9.00 price target. To see the full list of analyst forecasts on Itau Unibanco stock, see the ITUB Stock Forecast page.
Spark’s Take on ITUB Stock
According to Spark, TipRanks’ AI Analyst, ITUB is a Neutral.
The score is driven mainly by solid underlying financial performance and a constructive earnings outlook, supported by attractive valuation (low P/E and high dividend yield). These positives are partially offset by weak near-term technical momentum and financial risks tied to higher leverage and cash-flow volatility.
To see Spark’s full report on ITUB stock, click here.
More about Itau Unibanco
Itaú Unibanco Holding S.A. is a leading Brazilian financial institution operating primarily in commercial and retail banking, credit, investment banking and asset management. The group serves individuals and corporate clients across Brazil and internationally, and its shares are listed in both the local market and in the U.S. via depositary receipts, making it a key player in Latin America’s banking sector.
Average Trading Volume: 25,500,629
Technical Sentiment Signal: Buy
Current Market Cap: $88.32B
For detailed information about ITUB stock, go to TipRanks’ Stock Analysis page.
