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Itau Unibanco (ITUB) Rides on Strategic Buyouts Amid High Costs
ITUBItau Unibanco S.A.(ITUB) ZACKS·2024-06-27 15:00

The bank has recorded revenue growth over the years, driven by increased commissions and fees as well as strong performance in insurance operations. The rise was primarily due to an increase in asset management, credit operations and guarantees provided, as well as credit and debit cards. Given the company's dominant position in the asset management and investment banking sectors in Latin America, along with growth opportunities in the insurance market, the bank is well-positioned to sustain and enhance its ...