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

Itau Unibanco Holding's (ITUB) quarterly Tax Provisions came in at -$1.7 billion in Q4 2024, up 16.29% year-on-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.

  • On a quarterly basis, Tax Provisions rose 16.29% year-over-year to -$1.7 billion in Q4 2024; TTM through Dec 2024 was -$6.2 billion, a 24.14% decrease from a year earlier, with the FY2021 full-year figure at -$1.5 billion, down 31.21% from the prior year.
  • Tax Provisions improved to -$1.7 billion in Q4 2024 per ITUB's latest filing, from -$2.0 billion in the prior quarter.
  • Across five years, Tax Provisions topped out at -$473.5 million in Q1 2023 and bottomed 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.
  • Across the five-year window, Tax Provisions sank 31.21% in 2021 and increased 16.29% in 2024, its largest moves.
  • Year by year, Tax Provisions stood at -$1.1 billion in 2020, then sank 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.
  • Per Business Quant, the three latest ITUB Tax Provisions figures stand at -$1.7 billion (Q4 2024), -$2.0 billion (Q4 2023), and -$1.5 billion (Q3 2023).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 KB Financial 42,090.38 Bn 42,090.38 Bn -786,828.77 428,992.73
2 Shinhan Financial 33,919.15 Bn 33,919.15 Bn - 391.52 Mn
3 Bank Of Chile 4,123.52 Bn 4,123.52 Bn 167,623.00 -78,154.00
4 Lloyds Banking 360.83 Bn 360.83 Bn - -633.64 Mn
5 First Capital 204.17 Bn 203.82 Bn - 1.03 Mn
6 Landmark Bancorp 187.97 Bn 187.94 Bn - 1.25 Mn
7 NatWest 144.82 Bn -51.17 Bn - -709.14 Mn
8 Pnc Financial Services 101.80 Bn 101.80 Bn - 415.00 Mn
9 Us Bancorp 99.51 Bn 99.51 Bn - 469.00 Mn
10 Itau Unibanco Holding 89.22 Bn 46.51 Bn - -

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 -59.00 Mn
Jun 30, 2018 -40.56 Mn
Mar 31, 2018 -22.39 Mn
Dec 31, 2017 -2.03 Bn
Sep 30, 2017 -108.01 Mn
Jun 30, 2017 -58.27 Mn
Mar 31, 2017 -29.14 Mn
Dec 31, 2016 -2.34 Bn