Itau Unibanco Holding (ITUB) Tax Provisions (2009 - 2024)

Itau Unibanco Holding (ITUB) recorded quarterly Tax Provisions of -$1.7 billion in Q4 2024, up 16.29% quarter-over-quarter from -$2.0 billion in Q4 2023, and up 16.29% on a YoY basis from -$1.5 billion in Q1 2024.

Itau Unibanco Holding (ITUB) Tax Provisions (2009 - 2024) Analysis & Trends

Itau Unibanco Holding's Tax Provisions history runs 15 years deep, the most recent figure standing at -$1.7 billion for Q4 2024.

  • In Q4 2024, Tax Provisions rose 16.29% year-over-year to -$1.7 billion; the TTM figure through Dec 2024 stood at -$6.2 billion (down 24.14% YoY), while the FY2024 annual figure was -$1.7 billion, up 16.29% from the prior year.
  • Tax Provisions was -$1.7 billion for Q4 2024 at Itau Unibanco Holding, up from -$2.0 billion in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of -$473.5 million in Q1 2023 to a low of -$2.0 billion in Q4 2023.
  • Historically, Tax Provisions has averaged -$1.3 billion across 5 years, with a median of -$1.3 billion in 2021.
  • The sharpest annual moves came in 2021 and 2024: Tax Provisions sank 31.21% in 2021, then climbed 16.29% in 2024.
  • A 5-year view of Tax Provisions shows it stood at -$1.1 billion in 2020, then tumbled by 31.21% to -$1.5 billion in 2021, then retreated by 21.35% to -$1.8 billion in 2022, then slipped by 10.66% to -$2.0 billion in 2023, then gained by 16.29% to -$1.7 billion in 2024.
  • The last three Tax Provisions figures came in at -$1.7 billion (Q4 2024), -$2.0 billion (Q4 2023), and -$1.5 billion (Q3 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - -78,154.00
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -633.64 Mn
4 First Capital 215.78 Bn 215.63 Bn - 1.03 Mn
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 1.25 Mn
7 NatWest 168.65 Bn -51.67 Bn - -709.14 Mn
8 Shinhan Financial 136.54 Bn 104.11 Bn - 391.52 Mn
9 Mizuho Financial 112.02 Bn 112.56 Bn - -
10 Pnc Financial Services 96.18 Bn 96.23 Bn - 415.00 Mn

Historic Data

Download Data
DateValue
Dec 31, 2024 -1.69 Bn
Dec 31, 2023 -2.02 Bn
Sep 30, 2023 -1.51 Bn
Jun 30, 2023 -1.03 Bn
Mar 31, 2023 -473.55 Mn
Dec 31, 2022 -1.82 Bn
Sep 30, 2022 -1.36 Bn
Jun 30, 2022 -977.39 Mn
Mar 31, 2022 -484.48 Mn
Dec 31, 2021 -1.50 Bn
Sep 30, 2021 -1.16 Bn
Dec 31, 2020 -1.14 Bn
Sep 30, 2018 -1.16 Bn
Jun 30, 2018 -40.56 Mn
Mar 31, 2018 -552.42 Mn
Dec 31, 2017 -2.03 Bn
Sep 30, 2017 -108.01 Mn
Jun 30, 2017 -1.08 Bn
Mar 31, 2017 -608.39 Mn
Dec 31, 2016 -2.34 Bn