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| 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 | -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 |