Itaú Unibanco (ITUB4) reported managerial recurring net income (a measure that excludes extraordinary items) of R$ 12.6 billion in the third quarter of 2026 (3Q26). The figure represents an increase of 6.7% over 3Q25 and 2.5% over 2Q26.
Consolidated managerial recurring ROE (return on equity) was 23.6% in 3Q26, down 0.7 p.p. from 2Q26 and up 0.3 p.p. from 3Q25. In Brazil, ROE was 24.5%, down 1.2 p.p. from 2Q26 and up 0.4 p.p. from 3Q25. Considering Common Equity Tier 1 (CET I) at 11.5%, consolidated ROE would be 24.7% and Brazil's would be 25.8%.
Net interest income from clients totaled R$ 33.3 billion in 3Q26, up 2.6% from 2Q26 and 6.9% from 3Q25. The consolidated efficiency ratio was 37.5%, up 0.1 p.p. from 2Q26 and down 1.3 p.p. from 3Q25. In Brazil, the ratio was 35.7%.
The credit portfolio totaled R$ 1,544 billion in September 2026, up 2.2% from June 2026 and 10.9% from September 2025. Individuals totaled R$ 500.4 billion, micro, small and medium-sized companies R$ 320.4 billion, and large companies R$ 479.4 billion. Latin America reached R$ 244.2 billion. Common Equity Tier 1 (CET I) was 12.7% in September 2026, up 0.4 p.p. from June and down 0.8 p.p. from September 2025.
On credit quality, the consolidated NPL (nonperforming loans) ratio over 90 days was 2.0% in September 2026, compared with 1.9% in June. The period variation figures take into account the sale of the Colombia retail operation, completed in July 2026.
