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| 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 | -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 |