Itau Unibanco Holding (ITUB) Tax Provisions (2009 - 2024)
Itau Unibanco Holding (ITUB) posted quarterly Tax Provisions of -$1.7 billion for Q4 2024, up 16.29% year-over-year from -$1.5 billion in Q1 2024, and up 16.29% quarter-over-quarter from -$2.0 billion in Q4 2023.
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 FY2017 annual figure was -$2.2 billion, up 10.43% from the prior year.
- Tax Provisions for Q4 2024 stood at -$1.7 billion, up from -$2.0 billion in the prior quarter.
- The five-year high for Tax Provisions was -$473.5 million in Q1 2023, with the low at -$2.0 billion in Q4 2023.
- The 5-year median for Tax Provisions is -$1.3 billion (2021), against an average of -$1.3 billion.
- The sharpest annual moves came in 2021 and 2024: Tax Provisions plunged 31.21% in 2021, then advanced 16.29% in 2024.
- Itau Unibanco Holding's Tax Provisions stood at -$1.1 billion in 2020, then slumped by 31.21% to -$1.5 billion in 2021, then fell by 21.35% to -$1.8 billion in 2022, then decreased by 10.66% to -$2.0 billion in 2023, then rose by 16.29% to -$1.7 billion in 2024.
- Business Quant data shows ITUB's Tax Provisions at -$1.7 billion in Q4 2024, -$2.0 billion in Q4 2023, and -$1.5 billion in Q3 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 531.00 Mn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 537.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -939.17 Mn |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -821.11 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | 1.12 Bn |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | -175.22 Mn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 262.00 Mn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 235.00 Mn |
| 10 | Itau Unibanco Holding | 40.31 Bn | 42.00 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -817.72 Mn |
| Mar 31, 2018 | -552.42 Mn |
| Dec 31, 2017 | -2.03 Bn |
| Sep 30, 2017 | 4.80 Bn |
| Jun 30, 2017 | -1.08 Bn |
| Mar 31, 2017 | -608.39 Mn |
| Dec 31, 2016 | -2.34 Bn |