Itaú Unibanco (ITUB4) ended the third quarter of 2026 (3Q26) with a Basel Ratio of 15.4%, which measures the relationship between the institution's capital and its risk-weighted assets (RWA). Regulatory Capital (PR) reached R$ 251,266 million (R$ 251.3 bn) on September 30, 2026, of which R$ 230,718 million was Tier 1 and R$ 20,548 million was Tier 2. The data are from the Risk and Capital Management report (Pillar 3).
The Common Equity Tier 1 Ratio stood at 12.7%, versus 12.3% on June 30, 2026, and the Tier 1 Ratio was 14.2%, versus 14.0%. Common Equity Tier 1 capital totaled R$ 206,009 million, compared with R$ 194,742 million in the previous quarter. Total RWA reached R$ 1,626,445 million (R$ 1.6 tn), versus R$ 1,581,951 million in June.
The Basel Ratio was 0.2 percentage point above the figure recorded on December 31, 2025. According to the document, the increase mainly reflects the period's earnings and the issuance of perpetual subordinated debt, partially offset by the payment of JCP (Interest on Equity) and by RWA growth. The cushion over the minimum required PR is R$ 121,150 million, equivalent to 7.4 percentage points above the regulatory minimum of 8%. The required additional common equity tier 1 capital is 3.6% (R$ 57,895 million).
In September 2026, Itaú Unibanco Holding issued R$ 5.0 bn in Tier 2 Subordinated Financial Notes, maturing in October 2036 and April 2037, which contributed 0.3 percentage point to Tier 2 Capital. In the same period, it repurchased R$ 1.4 bn in Tier 1 Subordinated Financial Notes, issued in January 2019, and R$ 6.6 bn in Tier 2 Subordinated Financial Notes, issued in September 2021. The impact of the repurchases on the ratios was 0.1 and 0.4 percentage point, respectively.
On liquidity indicators, the LCR (short-term liquidity coverage ratio) was 205.8% on average in 3Q26, versus 202.0% in 2Q26, with a regulatory minimum of 100%. The NSFR (long-term liquidity indicator) closed at 123.7%, versus 122.1% in June. The Leverage Ratio was 7.0%, versus 6.8% in the previous quarter, with a minimum requirement of 3%.
