Itaúsa (ITSA4) reported net income of R$ 9.6 bn in the first half of 2026 (1H26), an increase of 22% compared to 1H25. Recurring net income totaled R$ 8.8 bn, up 12% in the same comparison, with return on equity (ROE) of 21.2% per year and recurring ROE of 19.3% per year.
In 1H26, recurring IFRS net income attributable to investees was R$ 24.0 bn, up 10% versus 1H25, with recurring IFRS ROE of 22.8% per year. The non-financial segment contributed recurring net income of R$ 602 million, an increase of 34% year over year.
The company reported that non-recurring events totaled R$ 857 million in 1H26, boosting net income for the period. Shareholders’ equity reached R$ 93.8 bn, 5% above the level seen in 1H25.
In liquidity management, Itaúsa’s net debt stood at R$ 1.2 bn on June 30, 2026, down 80% from September 30, 2022. Gross debt totaled R$ 3.4 bn, with an average maturity of 6.7 years and an average cost equivalent to CDI + 1.11% per year.
Regarding shareholder distributions, Itaúsa declared net proceeds of R$ 2.8 bn in 1H26, equivalent to R$ 0.25 per share, an increase of 3% over the R$ 2.726 bn (R$ 0.25 per share) in 1H25. Of the total, R$ 2.3 bn will be paid as JCP (interest on equity) on August 28, 2026, in the net amount of R$ 0.20955 per share, based on shareholdings as of March 19, 2026 and June 18, 2026.
