Itaú Unibanco 1H FY26 net income rises 9.5% to R$ 24.2 billion

• Itaú Unibanco reported 1H26 recurring profit of R$ 24 billion, up 10.3% year over year.
• Net income rose 9.5% to R$ 24.2 billion, while profit attributable to shareholders increased 9.1% to R$ 23.6 billion.
• Recurring ROE climbed 1.7 percentage points to 22.8%, while the efficiency ratio improved 0.3 percentage points to 37.3%.
• Net interest income edged up 0.6% to R$ 62.9 billion, while service and insurance fees rose 6.7% to R$ 28.8 billion.
• Expected credit losses widened 5.8% to R$ 18.4 billion, while the loan book expanded 9.6% to R$ 1.5 trillion.

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