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Itaú Unibanco Boosts Additional Tier 1 Capital with BRL 3 Billion Perpetual Subordinated Issue

Tipranks - Fri Jun 12, 5:32AM CDT

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Itau Unibanco ( (ITUB) ) just unveiled an update.

On June 10, 2026, Itaú Unibanco announced it had issued BRL 3 billion in perpetual subordinated financial bills to professional investors, instruments that have no set maturity and can be repurchased from 2031 with prior approval from the Central Bank of Brazil. Under Brazilian Central Bank Resolutions 122 and 5,007, these securities will qualify as Additional Tier 1 capital, adding an estimated 19 basis points to the bank’s Tier 1 capital ratio based on its March 31, 2026 capital base, thereby modestly strengthening its regulatory capital position and balance-sheet resilience.

The transaction underscores Itaú Unibanco’s ongoing focus on optimizing its capital structure and meeting evolving regulatory standards while tapping institutional demand for hybrid capital instruments. For investors and regulators, the issuance signals proactive capital management in a higher-regulation environment, potentially enhancing the bank’s capacity to absorb losses and support lending without resorting to common equity issuance.

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 supported primarily by solid financial performance (durable profitability/high ROE) and attractive valuation (moderate P/E and high dividend yield). These positives are tempered by elevated leverage and volatile cash flow coverage, and by weak technical momentum with the stock trading below key moving averages and a negative MACD.

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 in retail, commercial, and wholesale banking, as well as capital markets and investment services. The bank serves individuals, corporations, and institutional clients in Brazil and internationally, maintaining a strong capital base to support growth and regulatory requirements.

Average Trading Volume: 23,866,631

Technical Sentiment Signal: Buy

Current Market Cap: $86.2B

For a thorough assessment of ITUB stock, go to TipRanks’ Stock Analysis page.

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