United States

Profile: Itau Unibanco Holding SA (ITUB.K)

ITUB.K on New York Consolidated

13 Jan 2017
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Itau Unibanco Holding S.A. (Itau Unibanco Holding), incorporated on October 9, 1943, is a holding company. The Company provides a range of financial products and services to individual and corporate clients in Brazil and abroad. The Company operates through three segments: Retail Banking, Wholesale Banking, and Activities with the Market + Corporation. The Company is engaged in banking activities, through its commercial, investment, real estate loan, finance and investment credit, and lease portfolios, including foreign exchange operations and other complementary activities, with emphasis on insurance, private pension plans, capitalization, securities brokerage and administration of credit cards, consortia, investment funds and managed portfolios. The Company's distribution network is divided into standard channels, which include branches, customer site branches (which are banking service centers located at certain corporate clients) (CSBs), automatic teller machines (ATMs), telephones, and digital channels, such as Internet banking and mobile banking. Its standard branch network reaches approximately 3,910 branches. It has over 25 branches in Brazil. Its products and services include credit cards, payroll loans, vehicles, real estate financing and mortgages, consortia services fees, merchant acquirer, insurance, pension plans, premium bonds and retail banking.

The Company has over 31.40 thousand points of service distributed throughout Brazil and abroad, by means of approximately 4.13 thousand branches, over 850 service centers and over 26.41 thousand ATMs. It has presence in over 20 countries other than Brazil, in commercial banking and institutional client operations, and investment, wholesale and private banking activities. Its operations also comprise North America, Central America, Europe, Asia and Middle East. In Brazil, the Company serves retail clients through the branch network of Itau Unibanco S.A. (Itau Unibanco) and to wholesale clients through Banco Itau BBA S.A. (Itau BBA), and overseas through branches in New York, Grand Cayman, Tokyo and Nassau, and through subsidiaries in Argentina, Chile, the United States (New York and Miami), and Europe (Lisbon, London, Luxembourg and Switzerland), Cayman Islands, Paraguay, Uruguay and Colombia. It offers a portfolio of banking products and services from cash management to structured operations and transactions in capital markets.

Retail Banking

The Company's Retail Banking segment offers banking products and services to a client base of account holders and non-account holders, individuals and companies. The Retail Banking segment includes retail clients, high net worth clients, and the corporate segment (very small and small companies). In addition, the Company's Retail Banking segment comprises financing and lending activities carried out in units other than the branch network, and offering of credit cards.

Wholesale Banking

The Company's Wholesale Banking segment offers products and services to middle-market companies, private banking clients, from the activities of Latin America units and the activities of Banco Itau BBA S.A. (Itau BBA), which is a unit in charge of commercial operations with the companies and performing as an investment banking unit. The Wholesale Banking's loan portfolio is approximately $251,060 million rupees.

Activities with the Market + Corporation

The Activities with the Market + Corporation segment records the result arising from capital surplus, subordinated debt surplus and the net balance of tax credits and debits. It also shows the financial margin with the market, the treasury operating cost, the equity in earnings of companies not associated to each segment and the interest in Porto Seguro. The Activities with the Market + Corporation manages the financial results associated with capital surplus, subordinated debt, and net debt of tax credits and debits of the Company.

The Company competes with Banco do Brasil S.A., Banco Bradesco S.A., Banco Santander Brasil S.A., Caixa Economica Federal, Banco Santander (Brasil) S.A, Bradesco Adm. Consortia, BB Consortia, Cielo S.A., Getnet Tecnologia em Captura e Processamento de Transacoes H.U.A.H. S.A., Banco Bankpar S.A., BTG Pactual, Credit Suisse Hedging Griffo, Banco Citibank S.A., JP Morgan's Securities Services, XP Investimentos, Agora Corretora de Titulos e Valores Mobiliarios S.A., Rico Corretora de Titulos e Valores Mobiliarios S.A., BB Gestao de Recursos Distribuidora de Titulos e Valores Mobiliarios S.A., Credit Suisse Hedging-Griffo Corretora de Valores S.A., UBS Brasil Corretora, Morgan Stanley Corretora de Titulos e Valores Mobiliarios S.A., Merrill Lynch S.A. Corretora de Titulos e Valores Mobiliarios, Corretora de Titulos e Valores Mobiliarios., BTG Pactual Corretora de Titulos e Valores Mobiliarios S.A., ICAP do Brasil Corretora de Titulos e Valores Mobiliarios Ltda., Tullett Prebon Brasil S.A. Corretora de Valores e Cambio, BGC Liquidez Distribuidora de Titulos e Valores Mobiliarios Ltda, J.P. Morgan Corretora de Cambio e Valores Mobiliarios S.A., Bank of America Merrill Lynch S.A. Corretora de Titulos e Valores Mobiliarios, Banco Santander Rio S.A., Banco de Galicia y Buenos Aires S.A., BBVA Banco Frances S.A, Banco Macro S.A., Banco Santander-Chile S.A., Banco de Chile S.A., Banco de Credito e Inversiones S.A., Banco Bilbao Vizcaya Argentaria Chile S.A., Banco Continental S.A.E.C.A., Banco Regional S.A.E.C.A., Banco Bilbao Viscaya Argentaria Paraguay S.A., Banco Santander S.A., Banco Bilbao Vizcaya Argentaria Uruguay S.A. and Scotiabank Uruguay S.A.

Company Address

Itau Unibanco Holding SA

Praca Alfredo Egydio de Souza Ar
100, T. Olavo Setubal, Parque Ja
SAO PAULO     04.344-902
P: +5511.27943547
F: +5511.50198717

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