Itau Unibanco Holding (ITUB) Tax Rate (2009 - 2023)

Itau Unibanco Holding's Tax Rate history runs 14 years deep, the most recent figure standing at 25.16% for Q4 2023.

• On a quarterly basis, Tax Rate rose 98.0% year-over-year to 25.16% in Q4 2023; TTM through Dec 2023 was 25.76%, a 7.0% decrease from a year earlier, with the FY2021 full-year figure at 32.79%, up 562.0% from the prior year.
• Tax Rate eased to 25.16% in Q4 2023 per ITUB's latest filing, from 24.94% in the prior quarter.
• Across five years, Tax Rate topped out at 19.01% in Q3 2021 and bottomed at 118.18% in Q4 2020.
• The 4-year median for Tax Rate is 25.16% (2023), against an average of 33.4%.
• Across the five-year window, Tax Rate jumped 9834 bps in 2021 and plunged 629 bps in 2022, its largest moves.
• Year by year, Tax Rate stood at 118.18% in 2020, then soared by 83 bps to 19.84% in 2021, then slumped by 32 bps to 26.14% in 2022, then grew by 4 bps to 25.16% in 2023.
• Per Business Quant, the three latest ITUB Tax Rate figures stand at 25.16% (Q4 2023), 24.94% (Q3 2023), and 26.61% (Q2 2023).