Itau Unibanco Holding ITUB
NYSE ITUB
$7.18 -0.21 (-2.84%)
At close: Aug 20, 2026 · 4:00 PM EDT

Itau Unibanco Holding (ITUB) Operating Expenses (2009 - 2024)

Itau Unibanco Holding (ITUB) posted quarterly Operating Expenses of -$13.7 billion for Q4 2024, up 10.7% year-over-year from -$12.3 billion in Q1 2024, and up 10.7% quarter-over-quarter from -$15.3 billion in Q4 2023.

Itau Unibanco Holding (ITUB) Operating Expenses (2009 - 2024) Analysis & Trends

Itau Unibanco Holding's Operating Expenses history runs 15 years deep, the most recent figure standing at -$13.7 billion for Q4 2024.

  • In Q4 2024, Operating Expenses rose 10.7% year-over-year to -$13.7 billion; the TTM figure through Dec 2025 stood at -$40.5 billion (up 15.33% YoY), while the FY2025 annual figure was -$47.3 million, up 50.56% from the prior year.
  • Operating Expenses for Q4 2024 stood at -$13.7 billion, up from -$15.3 billion in the prior quarter.
  • The five-year high for Operating Expenses was -$3.2 billion in Q1 2022, with the low at -$15.3 billion in Q4 2023.
  • The 5-year median for Operating Expenses is -$10.4 billion (2021), against an average of -$9.6 billion.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses declined 19.59% in 2023, then rose 10.7% in 2024.
  • Itau Unibanco Holding's Operating Expenses stood at -$11.9 billion in 2020, then grew by 5.71% to -$11.2 billion in 2021, then slipped by 16.84% to -$13.1 billion in 2022, then fell by 16.79% to -$15.3 billion in 2023, then climbed by 10.7% to -$13.7 billion in 2024.
  • Business Quant data shows ITUB's Operating Expenses at -$13.7 billion in Q4 2024, -$15.3 billion in Q4 2023, and -$11.5 billion in Q3 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Hdfc Bank 119.58 Bn 83.39 Bn - -
2 Pnc Financial Services 97.75 Bn 97.75 Bn - 4.10 Bn
3 Us Bancorp 96.33 Bn 96.33 Bn - 4.43 Bn
4 Lloyds Banking 93.61 Bn 93.91 Bn - -3.83 Bn
5 NatWest 73.86 Bn -145.23 Bn - -2.79 Bn
6 Deutsche Bank Aktiengesellschaft 71.72 Bn -81.60 Bn - 2.60 Bn
7 Nu Holdings 68.51 Bn 54.82 Bn 2.35 Bn -599.79 Mn
8 Truist Financial 61.69 Bn 61.69 Bn - 3.06 Bn
9 Fifth Third Bancorp 49.73 Bn 26.00 Bn - 2.11 Bn
10 Itau Unibanco Holding 40.31 Bn 42.00 Bn - -

Historic Data

Download Data
DateValue
Dec 31, 2024 -13.67 Bn
Dec 31, 2023 -15.30 Bn
Sep 30, 2023 -11.52 Bn
Jun 30, 2023 -7.33 Bn
Mar 31, 2023 -3.34 Bn
Dec 31, 2022 -13.10 Bn
Sep 30, 2022 -9.64 Bn
Jun 30, 2022 -6.78 Bn
Mar 31, 2022 -3.22 Bn
Dec 31, 2021 -11.21 Bn
Sep 30, 2021 -8.77 Bn
Dec 31, 2020 -11.89 Bn
Sep 30, 2018 -18.53 Bn
Jun 30, 2018 -10.16 Bn
Mar 31, 2018 -5.67 Bn
Dec 31, 2017 -27.13 Bn
Sep 30, 2017 -22.24 Bn
Jun 30, 2017 -3.60 Bn
Mar 31, 2017 -8.47 Bn
Dec 31, 2016 -31.80 Bn