Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Brazil
  4. Bolsa de Valores de Sao Paulo
  5. Itaúsa - Investimentos Itaú SA
  6. News
  7. Summary
    ITSA4   BRITSAACNPR7

ITAÚSA - INVESTIMENTOS ITAÚ SA

(ITSA4)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Itaúsa 1Q Net Income Rose to BRL2.2 Billion From Year-Earlier BRL1.0 Billion

05/10/2021 | 05:43pm EDT

By Jeffrey T. Lewis

SÃO PAULO--Brazilian holding company Itaúsa SA said Monday its recurring profit rose in the first quarter from a year earlier as the performance of lender Itaú Unibanco SA improved in the period.

São Paulo-based Itaúsa said net income rose in the first quarter to 2.2 billion reais, the equivalent of $421 million, from BRL1.0 billion in the same quarter a year earlier. Recurring net income, which excludes one-time items, rose to BRL2.4 billion from BRL1.1 billion a year earlier.

Itaúsa is a holding company that owns stakes in Itaú Unibanco, Brazil's biggest bank by assets, Alpargatas SA, the maker of the Havaianas brand of flip-flops, and building supply maker Duratex SA, among others.

Itaú Unibanco reported last week that its profit jumped in the first quarter from a year earlier as the bank reduced the amount of money it set aside as provisions for bad loans.

Write to Jeffrey T. Lewis at jeffrey.lewis@wsj.com

(END) Dow Jones Newswires

05-10-21 1943ET

Stocks mentioned in the article
ChangeLast1st jan.
ALPARGATAS S.A. -0.83% 57.07 End-of-day quote.35.88%
DEXCO S.A. -0.65% 18.39 End-of-day quote.-3.92%
ITAÚ UNIBANCO HOLDING S.A. -2.39% 27.82 End-of-day quote.-12.05%
ITAÚSA - INVESTIMENTOS ITAÚ SA -2.16% 10.88 End-of-day quote.-7.25%
All news about ITAÚSA - INVESTIMENTOS ITAÚ SA
09/01ITAÚSA - INVESTIMENTOS ITAÚ SA : Ex-dividend day for quarterly dividend
FA
08/16ITAÚSA - INVESTIMENTOS ITAÚ SA : Ex-dividend day for
FA
08/10Brazil's Itausa mulls investments in agribusiness, renewable energy
RE
08/09Itaúsa - Investimentos Itaú Sa Reports Earnings Results for the Second Quarte..
CI
08/09Tranche Update on Itaúsa - Investimentos Itaú SA's Equity Buyback Plan announ..
CI
08/09Itausa 2Q Recurring Net Income Rose to BRL2.9 Billion From Year-Earlier BRL1...
DJ
07/13ITAÚSA INVESTIMENTOS ITAÚ : Brazil's Rio state plans second sanitation privatiza..
RE
06/01ITAÚSA - INVESTIMENTOS ITAÚ SA : Ex-dividend day for quarterly dividend
FA
05/25ITAÚSA - INVESTIMENTOS ITAÚ SA : Ex-dividend day for
FA
05/10Itaúsa - Investimentos Itaú SA Reports Earnings Results for the First Quarter..
CI
More news
Financials
Sales 2021 10 564 M 1 999 M 1 999 M
Net income 2021 9 774 M 1 850 M 1 850 M
Net Debt 2021 - - -
P/E ratio 2021 9,38x
Yield 2021 3,80%
Capitalization 91 799 M 17 293 M 17 375 M
Capi. / Sales 2021 8,69x
Capi. / Sales 2022 7,81x
Nbr of Employees -
Free-Float 55,5%
Chart ITAÚSA - INVESTIMENTOS ITAÚ SA
Duration : Period :
Itaúsa - Investimentos Itaú SA Technical Analysis Chart | ITSA4 | BRITSAACNPR7 | MarketScreener
Technical analysis trends ITAÚSA - INVESTIMENTOS ITAÚ SA
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 9
Last Close Price 10,88 BRL
Average target price 13,91 BRL
Spread / Average Target 27,9%
EPS Revisions
Managers and Directors
Alfredo Egydio Setubal Vice Chairman & Chief Executive Officer
Henri Penchas Non-Executive Chairman
Paulo Setubal Neto Non-Executive Director
Rodolfo Villela Marino Director & Vice President
Ana Lúcia de Mattos Barretto Villela Vice Chairman
Sector and Competitors