Itaú Is A Safe Bet For Reliable Dividends In Brazil
Itau Unibanco S.A.(ITUB) Seeking Alpha·2024-08-22 13:02
Joa_Souza In my opinion, Itaú Unibanco Holding (NYSE:ITUB) is the most solid financial institution in Brazil backed by its tradition, high number of customers, and consistently high net profit. After being overtaken by Nu Holdings (NU), it is no longer the largest bank in market cap but still deserves a distinguished status for its consolidation and tradition in the banking sector. In Q2 earnings, this continued to be reinforced, with Itaú reporting R$10bn in net income, while Banco do Brasil (OTCPK:BDORY) ...