Itau Unibanco Holding (ITUB) Operating Expenses (2009 - 2024)
Itau Unibanco Holding's (ITUB) quarterly Operating Expenses came in at -$13.7 billion in Q4 2024, up 10.7% year-on-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.
- On a quarterly basis, Operating Expenses rose 10.7% year-over-year to -$13.7 billion in Q4 2024; TTM through Dec 2025 was -$40.5 billion, a 15.33% increase from a year earlier, with the FY2025 full-year figure at -$47.3 million, up 50.56% from the prior year.
- Operating Expenses rose to -$13.7 billion in Q4 2024 per ITUB's latest filing, from -$15.3 billion in the prior quarter.
- Across five years, Operating Expenses topped out at -$3.2 billion in Q1 2022 and bottomed 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.
- Across the five-year window, Operating Expenses decreased 19.59% in 2023 and climbed 10.7% in 2024, its largest moves.
- Year by year, Operating Expenses stood at -$11.9 billion in 2020, then increased by 5.71% to -$11.2 billion in 2021, then dropped by 16.84% to -$13.1 billion in 2022, then retreated by 16.79% to -$15.3 billion in 2023, then grew by 10.7% to -$13.7 billion in 2024.
- Per Business Quant, the three latest ITUB Operating Expenses figures stand at -$13.7 billion (Q4 2024), -$15.3 billion (Q4 2023), and -$11.5 billion (Q3 2023).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 42,090.38 Bn | 42,090.38 Bn | -786,828.77 | -20.00 Mn |
| 2 | Shinhan Financial | 33,919.15 Bn | 33,919.15 Bn | - | -1.06 Bn |
| 3 | Bank Of Chile | 4,123.52 Bn | 4,123.52 Bn | 167,623.00 | -287,925.00 |
| 4 | Lloyds Banking | 360.83 Bn | 360.83 Bn | - | -3.86 Bn |
| 5 | First Capital | 204.17 Bn | 203.82 Bn | - | 7.75 Mn |
| 6 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 11.90 Mn |
| 7 | NatWest | 144.82 Bn | -51.17 Bn | - | -2.75 Bn |
| 8 | Pnc Financial Services | 101.80 Bn | 101.80 Bn | - | 3.77 Bn |
| 9 | Us Bancorp | 99.51 Bn | 99.51 Bn | - | 4.27 Bn |
| 10 | Itau Unibanco Holding | 89.22 Bn | 46.51 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -26.33 Mn |
| Jun 30, 2018 | -19.95 Mn |
| Mar 31, 2018 | -11.71 Mn |
| Dec 31, 2017 | -14.50 Bn |
| Sep 30, 2017 | -10.87 Bn |
| Jun 30, 2017 | -3.60 Bn |
| Mar 31, 2017 | -3.50 Bn |
| Dec 31, 2016 | -14.15 Bn |