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| 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 | -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 |