The document summarizes Itaú Unibanco's 4th quarter 2015 earnings review conference call. Key highlights include:
- Financial margin with clients increased 1.1% quarter-over-quarter and 15.6% year-over-year.
- Recurring net income decreased 5.6% quarter-over-quarter but increased 15.6% year-over-year.
- The credit portfolio increased 0.8% quarter-over-quarter and 4.3% year-over-year, with growth in most segments except vehicle and mortgage loans.
- Itaú Unibanco Holding S.A. reported financial results for the first quarter of 2016, with recurring net income down 9.3% from the previous quarter and 9.9% from the first quarter of 2015.
- Key metrics such as financial margin with clients, fees and results from insurance, and credit portfolio all declined compared to the previous quarter and the prior year period. However, financial margin with the market increased compared to both periods.
- The company saw declines in non-interest expenses and provision for loan losses compared to the previous quarter, but increases compared to the first quarter of 2015.
- Credit quality metrics such as the NPL ratio improved slightly compared to both the previous quarter
The document is the transcript of a quarterly earnings call by Itaú Unibanco Holding S.A. for the third quarter of 2015.
Key highlights from the document include:
- Financial margins with clients and the market increased significantly compared to the previous quarter and year-to-date.
- Provision for loan losses and non-interest expenses also increased compared to the previous periods.
- Recurring net income was R$6.1 billion for the quarter.
The document is the transcript of a conference call discussing Itaú Unibanco Holding's third quarter 2016 earnings. It provides pro forma financial information combining Itaú Unibanco and CorpBanca following their April 2016 merger. Key highlights include a 0.4% increase in recurring net income compared to last quarter and a 4.2% increase in operating revenues. Recurring return on equity was 19.9%, down 70 basis points from the previous quarter.
This document provides an earnings review conference call for Itaú Unibanco Holding S.A. for the second quarter of 2016. It includes the following key points:
- Itaú CorpBanca, resulting from the merger between Itaú Chile and CorpBanca, has been consolidated into Itaú Unibanco's financial statements. Pro forma historical data is presented for comparison.
- Recurring net income for the second quarter was R$5.6 billion, an 8.0% increase from the previous quarter. Recurring return on equity was 20.6%.
- Total credit portfolio for individuals was R$182.6 billion, a 0.9% decrease
The document is the transcript of a conference call discussing the financial results of Itaú Unibanco Holding S.A. for the second quarter of 2015. Some of the key highlights mentioned are a 4.1% increase in financial margin with clients compared to the previous quarter, a 16.5% increase in financial margin with the market, loan loss provision expenses increasing 0.1%, fees and insurance results increasing 1.2%, non-interest expenses increasing 1.0%, and recurring net income increasing 5.6% compared to the previous quarter. The loan portfolio increased 2.2% compared to the previous quarter.
This document provides financial highlights from Banco ABC Brasil's 4Q09 earnings release. It summarizes that Banco ABC Brasil reported net income of BRL 53 million in 4Q09 and BRL 151 million for 2009. It also reported an adjusted return on equity of 14.8% annually in 4Q09 and 12.1% for 2009. The bank saw growth in its credit portfolio, which reached BRL 8.5 billion at the end of 2009, a 31% increase from the previous year.
Banco ABC Brasil reported third quarter 2010 results. Net income reached 51.1 million Brazilian reals, with an annualized return on equity of 15.8%. The credit portfolio totaled 10.7 billion reals, with high quality as 97.6% of loans were rated AA-C. For 2010, Banco ABC Brasil estimates its credit portfolio will grow 25-30%, with corporate loans growing 22-25% and middle market loans 30-40%. Personnel and administrative expenses are expected to increase 5-10%.
This document provides an earnings review conference call transcript for Itaú Unibanco Holding S.A. for the third quarter of 2017. It includes:
1) An introduction and welcome from the President and CEO and other executive officers.
2) An explanation that historical pro forma financial data is presented to allow comparison prior to the merger between Itaú Chile and CorpBanca, which was completed in April 2016.
3) A discussion of Itaú Unibanco's main challenges, including focusing on clients, profitability, internationalization, people management, risk management, and digital transformation.
- Itaú Unibanco Holding S.A. reported financial results for the first quarter of 2016, with recurring net income down 9.3% from the previous quarter and 9.9% from the first quarter of 2015.
- Key metrics such as financial margin with clients, fees and results from insurance, and credit portfolio all declined compared to the previous quarter and the prior year period. However, financial margin with the market increased compared to both periods.
- The company saw declines in non-interest expenses and provision for loan losses compared to the previous quarter, but increases compared to the first quarter of 2015.
- Credit quality metrics such as the NPL ratio improved slightly compared to both the previous quarter
The document is the transcript of a quarterly earnings call by Itaú Unibanco Holding S.A. for the third quarter of 2015.
Key highlights from the document include:
- Financial margins with clients and the market increased significantly compared to the previous quarter and year-to-date.
- Provision for loan losses and non-interest expenses also increased compared to the previous periods.
- Recurring net income was R$6.1 billion for the quarter.
The document is the transcript of a conference call discussing Itaú Unibanco Holding's third quarter 2016 earnings. It provides pro forma financial information combining Itaú Unibanco and CorpBanca following their April 2016 merger. Key highlights include a 0.4% increase in recurring net income compared to last quarter and a 4.2% increase in operating revenues. Recurring return on equity was 19.9%, down 70 basis points from the previous quarter.
This document provides an earnings review conference call for Itaú Unibanco Holding S.A. for the second quarter of 2016. It includes the following key points:
- Itaú CorpBanca, resulting from the merger between Itaú Chile and CorpBanca, has been consolidated into Itaú Unibanco's financial statements. Pro forma historical data is presented for comparison.
- Recurring net income for the second quarter was R$5.6 billion, an 8.0% increase from the previous quarter. Recurring return on equity was 20.6%.
- Total credit portfolio for individuals was R$182.6 billion, a 0.9% decrease
The document is the transcript of a conference call discussing the financial results of Itaú Unibanco Holding S.A. for the second quarter of 2015. Some of the key highlights mentioned are a 4.1% increase in financial margin with clients compared to the previous quarter, a 16.5% increase in financial margin with the market, loan loss provision expenses increasing 0.1%, fees and insurance results increasing 1.2%, non-interest expenses increasing 1.0%, and recurring net income increasing 5.6% compared to the previous quarter. The loan portfolio increased 2.2% compared to the previous quarter.
This document provides financial highlights from Banco ABC Brasil's 4Q09 earnings release. It summarizes that Banco ABC Brasil reported net income of BRL 53 million in 4Q09 and BRL 151 million for 2009. It also reported an adjusted return on equity of 14.8% annually in 4Q09 and 12.1% for 2009. The bank saw growth in its credit portfolio, which reached BRL 8.5 billion at the end of 2009, a 31% increase from the previous year.
Banco ABC Brasil reported third quarter 2010 results. Net income reached 51.1 million Brazilian reals, with an annualized return on equity of 15.8%. The credit portfolio totaled 10.7 billion reals, with high quality as 97.6% of loans were rated AA-C. For 2010, Banco ABC Brasil estimates its credit portfolio will grow 25-30%, with corporate loans growing 22-25% and middle market loans 30-40%. Personnel and administrative expenses are expected to increase 5-10%.
This document provides an earnings review conference call transcript for Itaú Unibanco Holding S.A. for the third quarter of 2017. It includes:
1) An introduction and welcome from the President and CEO and other executive officers.
2) An explanation that historical pro forma financial data is presented to allow comparison prior to the merger between Itaú Chile and CorpBanca, which was completed in April 2016.
3) A discussion of Itaú Unibanco's main challenges, including focusing on clients, profitability, internationalization, people management, risk management, and digital transformation.
Itaú Unibanco reported its 1st quarter 2012 earnings results. Recurring net income reached R$3.5 billion, a 20.0% return on equity. The loan portfolio exceeded R$400 billion, growing 0.9% from the previous quarter and 16.1% year-over-year. Financial margin with clients grew 3.2% in the quarter to R$12.4 billion, with net interest margin increasing 20 basis points. Non-performing loans ratio increased to 5.1% while non-interest expenses decreased 4.6% compared to the previous quarter.
Itaú Unibanco Holding S.A. reported its financial results for the first quarter of 2017. Key highlights include:
- Recurring net income increased 6.2% compared to the fourth quarter of 2016 and 19.6% compared to the first quarter of 2016.
- Recurring return on equity was 23.5% for the first quarter of 2017, up from 22.0% in the fourth quarter of 2016.
- Loan loss provisions decreased 7.4% compared to the fourth quarter driven by lower delinquency rates in Brazil.
This document summarizes the key points from a conference call about Itaú Unibanco's 3rd quarter 2011 earnings results. The main highlights include:
- Recurring net income reached R$3.9 billion, up 18.8% from the previous quarter.
- Loan portfolio grew 6.1% over the previous quarter to R$382.2 billion.
- Financial margin with clients was R$11.8 billion, up 5.3% over the previous quarter.
- Non-performing loans ratio increased slightly to 4.7% while short-term delinquencies declined.
- Efficiency ratio improved to 47.5% due to higher revenue growth compared to expense
- Recurring net income for the quarter was R$3.4 billion, a 4.8% decrease from the previous quarter. For the first nine months of 2012, recurring net income was R$10.5 billion, a 3.2% decrease from the same period in 2011.
- The total loan portfolio grew 1.1% from the previous quarter to R$437.6 billion, and increased 10% from September 2011.
- Financial margin with clients decreased 3% from the previous quarter to R$12 billion due to a fall in interest rates and higher growth in lower risk loans.
1. Itaú Unibanco Holding S.A. reported its financial results for the fourth quarter and full year of 2016.
2. For 2016, net income was R$21.6 billion, down 7.6% from 2015. Recurring net income was R$22.1 billion, down 7% over the same period.
3. The presentation included comparisons of financial results from the fourth quarter of 2016 to both the third quarter of 2016 and the fourth quarter of 2015.
The document provides a summary of CCR's 4Q09 results and upcoming events. Key highlights include:
- Traffic grew 19.5% in 4Q09 and 17.1% in 2009, excluding new assets. EBITDA increased 10% in 4Q09.
- Management proposes an additional dividend of R$101.5 million for 2009, totaling an 89.7% payout ratio.
- A capital increase of R$1.276 billion through the issue of new shares was completed.
- Capex is projected to be R$483 million for AutoBAn and R$308.2 million for NovaDutra in 2010.
This document summarizes Itaú Unibanco's financial results for the 4th quarter of 2013. Key highlights include:
- Net income increased 16.3% compared to the previous quarter totaling R$4.6 billion.
- Loan loss provisions decreased 7.6% compared to the previous quarter. The non-performing loan ratio reached its lowest level since the Itaú and Unibanco merger.
- Total loan portfolio grew 5.9% compared to the previous quarter reaching R$509.9 billion, driven by a 25.9% increase in credit cards and 66.6% increase in payroll loans.
- Itaú Unibanco reported a 3.1% increase in recurring net income for the 2nd quarter of 2013 compared to the previous quarter, totaling R$3.6 billion.
- Operational performance was positive, with the credit portfolio growing 2.5% in the quarter. Financial margin with clients grew 3.4% compared to the previous quarter.
- Credit quality improved, with non-performing loans decreasing 30 basis points in the quarter and 100 basis points over 12 months. Loan loss provisions expenses were stable compared to the previous quarter.
The document summarizes the financial results of a bank for the second quarter of 2012. Some key highlights include:
- Recurring net income reached R$3.6 billion, an 8.1% increase over the second quarter of 2011.
- The loan portfolio grew 3.6% over the previous quarter to R$432.7 billion, a 15.2% increase from a year ago.
- Non-interest expenses increased 3.2% over the previous quarter and operating revenues grew 1.8%.
- The 90-day non-performing loan ratio increased to 5.2% from the previous quarter.
Itaú Unibanco reported its 4th quarter 2011 earnings results. Recurring net income reached R$3.7 billion in Q4 2011 and R$14.6 billion for the full year 2011. The loan portfolio grew 3.9% in Q4 2011 and 19.1% over 2010 to a total of R$397 billion. Non-interest expenses grew 1.7% in Q4 2011 and 9.5% for the full year. Total assets grew 4.6% in Q4 2011 to R$851.3 billion while stockholders' equity increased 8% to R$71.3 billion.
The document provides an earnings review and highlights for Itaú Unibanco for the first quarter of 2014. Key points include:
- Net income was R$4.4 billion, down 4.9% from the previous quarter but up 27.3% from the prior year period. Recurring net income was R$4.5 billion, down 3.2% from the previous quarter but up 29% from the prior year period.
- Non-interest expenses totaled R$9 billion, down 3.4% from the previous quarter due to cost control efforts despite the acquisition of Credicard.
- Loan loss provision expenses decreased 1.4% from the previous quarter and 13
The document provides the company's 3Q09 results. It highlights that traffic grew 14.5% in 3Q09 and 16.3% in 9M09. Net revenue increased 6.9% in 3Q09 and 12.4% in 9M09. EBITDA grew 7.5% in 3Q09 to R$518.7 million with an EBITDA margin of 65.2%. The company also paid a dividend of R$1.26 per share totaling R$507.9 million in September 2009 and completed a capital increase of R$1,098.9 million through the issue of new shares.
SK broadband reported a 1.9% increase in operating revenues for 2013 compared to 2012. While broadband revenues decreased 2.8% due to lower ARPU, TV revenues increased 55.4% from subscriber growth. Net income decreased 45.3% for the year. Capital expenditures increased 33.6% in 2013 to KRW 576.2 billion, with KRW 226.3 billion spent on last-mile investments. Subscriber counts grew for broadband, TV and corporate voice customers in the fourth quarter of 2013.
This document provides condensed consolidated interim financial statements for Hyundai Capital Services, Inc. and its subsidiaries for the period ended September 30, 2015. It includes statements of financial position, comprehensive income, changes in equity, and cash flows. Key information includes total assets of $23.5 billion, total liabilities of $19.7 billion, net income of $244.9 million, and total equity of $3.7 billion. An independent auditor reviewed the statements and found them to be prepared in accordance with relevant accounting standards.
Tricumen / FY15 Capital Markets: Regions_open 080316Tricumen Ltd
This publication is supplementary to our quarterly Results Review; it shows banks' capital markets quarterly revenue and semi-annual pre-tax profit and productivity dynamics relative to their peers in major regions. The full dataset includes operating revenue, expenses and pre-tax profit at the Level 3 product detail in 7 regions, as well as normalised client segment revenue allocations, RWA and Equity.
All data is reconciled against the published financial statements. Further detail is available on request.
Banco ABC - 3rd Quarter 2009 Earnings PresentationBanco ABC Brasil
Banco ABC Brasil reported financial results for the third quarter of 2009. Some key highlights include:
- The credit portfolio reached BRL 7.4 billion, an increase of 12.5% over the previous quarter. Credit quality improved with the non-performing loan ratio falling to 0.6%.
- Net income totaled BRL 38.1 million, up 7.7% from the previous quarter. BRL 16.4 million in interest on equity was paid to shareholders.
- The return on average equity was 13.0% for the quarter, up from 12.0% in the prior quarter.
- The credit portfolio rating remained strong with 95% rated AA-C
This document provides the consolidated financial statements of Hyundai Capital Services, Inc. and its subsidiaries for the years ended December 31, 2015 and 2014. It includes the consolidated statements of financial position, comprehensive income, changes in equity, and cash flows, as well as notes to the consolidated financial statements. The financial statements show that in 2015 the company reported total operating revenue of KRW 2.94 trillion, profit for the year of KRW 276.7 billion, and total assets of KRW 24.31 trillion.
The presentation summarizes Bladex's 1Q19 earnings results. Net interest income remained stable at $28 million compared to the previous quarter, driven by higher margins. Operating expenses decreased by 20% from the previous quarter to $9.9 million, improving efficiency to 30.8%. Quarterly profit increased to $21.2 million, the highest level in the last 8 quarters. Credit quality remained stable with credit impaired loans at 4% of the total portfolio and allowance coverage above 50%. Overall, the results showed a continued positive trend in profitability and sound financial metrics.
The document provides Hyundai Capital Services' 3Q15 earnings release, summarizing that while auto sales were stagnant, the company improved asset quality and profitability through risk management. It also expanded overseas through strengthened global capabilities. However, macroeconomic uncertainty and low interest rates continued to pose challenges for profitability.
This document summarizes the key financial highlights and results of Itaú Unibanco for the 4th quarter of 2014. Some of the highlights include:
- Financial margin with clients totaled R$13.7 billion in Q4 2014, up 3.0% from Q3 2014 and 12.8% from 2013.
- Loan loss provision expenses reached R$4.6 billion in Q4 2014, up 2.7% from Q3 2014 and 10.1% from 2013.
- Recurring net income for Q4 2014 was R$5.7 billion, up 3.7% from Q3 2014 and 20.9% from 2013.
- The loan
Banco ABC Brasil had strong financial results in 4Q07. Net income increased 154.6% compared to 4Q06 to R$50.7 million. The credit portfolio grew 71% to R$4,992.2 million with high credit quality maintained. Business segments all saw growth in 4Q07 compared to prior periods. Expenses were well controlled while profitability and efficiency metrics improved. The bank ended 2007 with net income up 93.8% and a solid capital and ratings position supported by its controlling shareholder ABC Banking Corporation.
Itaú Unibanco reported its 1st quarter 2012 earnings results. Recurring net income reached R$3.5 billion, a 20.0% return on equity. The loan portfolio exceeded R$400 billion, growing 0.9% from the previous quarter and 16.1% year-over-year. Financial margin with clients grew 3.2% in the quarter to R$12.4 billion, with net interest margin increasing 20 basis points. Non-performing loans ratio increased to 5.1% while non-interest expenses decreased 4.6% compared to the previous quarter.
Itaú Unibanco Holding S.A. reported its financial results for the first quarter of 2017. Key highlights include:
- Recurring net income increased 6.2% compared to the fourth quarter of 2016 and 19.6% compared to the first quarter of 2016.
- Recurring return on equity was 23.5% for the first quarter of 2017, up from 22.0% in the fourth quarter of 2016.
- Loan loss provisions decreased 7.4% compared to the fourth quarter driven by lower delinquency rates in Brazil.
This document summarizes the key points from a conference call about Itaú Unibanco's 3rd quarter 2011 earnings results. The main highlights include:
- Recurring net income reached R$3.9 billion, up 18.8% from the previous quarter.
- Loan portfolio grew 6.1% over the previous quarter to R$382.2 billion.
- Financial margin with clients was R$11.8 billion, up 5.3% over the previous quarter.
- Non-performing loans ratio increased slightly to 4.7% while short-term delinquencies declined.
- Efficiency ratio improved to 47.5% due to higher revenue growth compared to expense
- Recurring net income for the quarter was R$3.4 billion, a 4.8% decrease from the previous quarter. For the first nine months of 2012, recurring net income was R$10.5 billion, a 3.2% decrease from the same period in 2011.
- The total loan portfolio grew 1.1% from the previous quarter to R$437.6 billion, and increased 10% from September 2011.
- Financial margin with clients decreased 3% from the previous quarter to R$12 billion due to a fall in interest rates and higher growth in lower risk loans.
1. Itaú Unibanco Holding S.A. reported its financial results for the fourth quarter and full year of 2016.
2. For 2016, net income was R$21.6 billion, down 7.6% from 2015. Recurring net income was R$22.1 billion, down 7% over the same period.
3. The presentation included comparisons of financial results from the fourth quarter of 2016 to both the third quarter of 2016 and the fourth quarter of 2015.
The document provides a summary of CCR's 4Q09 results and upcoming events. Key highlights include:
- Traffic grew 19.5% in 4Q09 and 17.1% in 2009, excluding new assets. EBITDA increased 10% in 4Q09.
- Management proposes an additional dividend of R$101.5 million for 2009, totaling an 89.7% payout ratio.
- A capital increase of R$1.276 billion through the issue of new shares was completed.
- Capex is projected to be R$483 million for AutoBAn and R$308.2 million for NovaDutra in 2010.
This document summarizes Itaú Unibanco's financial results for the 4th quarter of 2013. Key highlights include:
- Net income increased 16.3% compared to the previous quarter totaling R$4.6 billion.
- Loan loss provisions decreased 7.6% compared to the previous quarter. The non-performing loan ratio reached its lowest level since the Itaú and Unibanco merger.
- Total loan portfolio grew 5.9% compared to the previous quarter reaching R$509.9 billion, driven by a 25.9% increase in credit cards and 66.6% increase in payroll loans.
- Itaú Unibanco reported a 3.1% increase in recurring net income for the 2nd quarter of 2013 compared to the previous quarter, totaling R$3.6 billion.
- Operational performance was positive, with the credit portfolio growing 2.5% in the quarter. Financial margin with clients grew 3.4% compared to the previous quarter.
- Credit quality improved, with non-performing loans decreasing 30 basis points in the quarter and 100 basis points over 12 months. Loan loss provisions expenses were stable compared to the previous quarter.
The document summarizes the financial results of a bank for the second quarter of 2012. Some key highlights include:
- Recurring net income reached R$3.6 billion, an 8.1% increase over the second quarter of 2011.
- The loan portfolio grew 3.6% over the previous quarter to R$432.7 billion, a 15.2% increase from a year ago.
- Non-interest expenses increased 3.2% over the previous quarter and operating revenues grew 1.8%.
- The 90-day non-performing loan ratio increased to 5.2% from the previous quarter.
Itaú Unibanco reported its 4th quarter 2011 earnings results. Recurring net income reached R$3.7 billion in Q4 2011 and R$14.6 billion for the full year 2011. The loan portfolio grew 3.9% in Q4 2011 and 19.1% over 2010 to a total of R$397 billion. Non-interest expenses grew 1.7% in Q4 2011 and 9.5% for the full year. Total assets grew 4.6% in Q4 2011 to R$851.3 billion while stockholders' equity increased 8% to R$71.3 billion.
The document provides an earnings review and highlights for Itaú Unibanco for the first quarter of 2014. Key points include:
- Net income was R$4.4 billion, down 4.9% from the previous quarter but up 27.3% from the prior year period. Recurring net income was R$4.5 billion, down 3.2% from the previous quarter but up 29% from the prior year period.
- Non-interest expenses totaled R$9 billion, down 3.4% from the previous quarter due to cost control efforts despite the acquisition of Credicard.
- Loan loss provision expenses decreased 1.4% from the previous quarter and 13
The document provides the company's 3Q09 results. It highlights that traffic grew 14.5% in 3Q09 and 16.3% in 9M09. Net revenue increased 6.9% in 3Q09 and 12.4% in 9M09. EBITDA grew 7.5% in 3Q09 to R$518.7 million with an EBITDA margin of 65.2%. The company also paid a dividend of R$1.26 per share totaling R$507.9 million in September 2009 and completed a capital increase of R$1,098.9 million through the issue of new shares.
SK broadband reported a 1.9% increase in operating revenues for 2013 compared to 2012. While broadband revenues decreased 2.8% due to lower ARPU, TV revenues increased 55.4% from subscriber growth. Net income decreased 45.3% for the year. Capital expenditures increased 33.6% in 2013 to KRW 576.2 billion, with KRW 226.3 billion spent on last-mile investments. Subscriber counts grew for broadband, TV and corporate voice customers in the fourth quarter of 2013.
This document provides condensed consolidated interim financial statements for Hyundai Capital Services, Inc. and its subsidiaries for the period ended September 30, 2015. It includes statements of financial position, comprehensive income, changes in equity, and cash flows. Key information includes total assets of $23.5 billion, total liabilities of $19.7 billion, net income of $244.9 million, and total equity of $3.7 billion. An independent auditor reviewed the statements and found them to be prepared in accordance with relevant accounting standards.
Tricumen / FY15 Capital Markets: Regions_open 080316Tricumen Ltd
This publication is supplementary to our quarterly Results Review; it shows banks' capital markets quarterly revenue and semi-annual pre-tax profit and productivity dynamics relative to their peers in major regions. The full dataset includes operating revenue, expenses and pre-tax profit at the Level 3 product detail in 7 regions, as well as normalised client segment revenue allocations, RWA and Equity.
All data is reconciled against the published financial statements. Further detail is available on request.
Banco ABC - 3rd Quarter 2009 Earnings PresentationBanco ABC Brasil
Banco ABC Brasil reported financial results for the third quarter of 2009. Some key highlights include:
- The credit portfolio reached BRL 7.4 billion, an increase of 12.5% over the previous quarter. Credit quality improved with the non-performing loan ratio falling to 0.6%.
- Net income totaled BRL 38.1 million, up 7.7% from the previous quarter. BRL 16.4 million in interest on equity was paid to shareholders.
- The return on average equity was 13.0% for the quarter, up from 12.0% in the prior quarter.
- The credit portfolio rating remained strong with 95% rated AA-C
This document provides the consolidated financial statements of Hyundai Capital Services, Inc. and its subsidiaries for the years ended December 31, 2015 and 2014. It includes the consolidated statements of financial position, comprehensive income, changes in equity, and cash flows, as well as notes to the consolidated financial statements. The financial statements show that in 2015 the company reported total operating revenue of KRW 2.94 trillion, profit for the year of KRW 276.7 billion, and total assets of KRW 24.31 trillion.
The presentation summarizes Bladex's 1Q19 earnings results. Net interest income remained stable at $28 million compared to the previous quarter, driven by higher margins. Operating expenses decreased by 20% from the previous quarter to $9.9 million, improving efficiency to 30.8%. Quarterly profit increased to $21.2 million, the highest level in the last 8 quarters. Credit quality remained stable with credit impaired loans at 4% of the total portfolio and allowance coverage above 50%. Overall, the results showed a continued positive trend in profitability and sound financial metrics.
The document provides Hyundai Capital Services' 3Q15 earnings release, summarizing that while auto sales were stagnant, the company improved asset quality and profitability through risk management. It also expanded overseas through strengthened global capabilities. However, macroeconomic uncertainty and low interest rates continued to pose challenges for profitability.
This document summarizes the key financial highlights and results of Itaú Unibanco for the 4th quarter of 2014. Some of the highlights include:
- Financial margin with clients totaled R$13.7 billion in Q4 2014, up 3.0% from Q3 2014 and 12.8% from 2013.
- Loan loss provision expenses reached R$4.6 billion in Q4 2014, up 2.7% from Q3 2014 and 10.1% from 2013.
- Recurring net income for Q4 2014 was R$5.7 billion, up 3.7% from Q3 2014 and 20.9% from 2013.
- The loan
Banco ABC Brasil had strong financial results in 4Q07. Net income increased 154.6% compared to 4Q06 to R$50.7 million. The credit portfolio grew 71% to R$4,992.2 million with high credit quality maintained. Business segments all saw growth in 4Q07 compared to prior periods. Expenses were well controlled while profitability and efficiency metrics improved. The bank ended 2007 with net income up 93.8% and a solid capital and ratings position supported by its controlling shareholder ABC Banking Corporation.
The document is the earnings review for Itaú Unibanco Holding S.A. for 3rd quarter 2014. Key highlights include:
- Financial margin with clients increased 4.5% quarter-over-quarter and 12.3% year-over-year.
- Loan loss provision expenses increased 6.2% quarter-over-quarter and 6.5% year-over-year.
- Fees and insurance results increased 4.1% quarter-over-quarter and 14.7% year-over-year.
- Recurring net income increased 9.7% quarter-over-quarter and 35.7% year-over-year.
The document provides highlights and key metrics from Itaú Unibanco Holding S.A.'s first quarter 2015 earnings review conference call. Financial margins increased compared to the previous quarter and year-over-year. Loan loss provisions, fees and expenses also increased compared to the prior periods. Credit quality remained stable with non-performing loans at 3.0% of the total portfolio. Recurring net income reached R$5.8 billion, up 2.6% from the previous quarter.
Banco ABC Brasil reported a net income of BRL 35.4 million for 2Q09, an increase of 47.7% compared to 1Q09. The credit portfolio reached BRL 6,598.1 million, an increase of 2.5% over 1Q09. The middle market credit portfolio increased 22.1% compared to 1Q09. The return on average equity was 12.0% for 2Q09, up from 8.3% in 1Q09.
This document is a presentation of the 1Q08 results for Banco ABC Brasil. Some key highlights include:
- The loan portfolio grew 15.8% compared to 4Q07 and 80.9% compared to 1Q07.
- Net income increased 106.4% to R$38.0 million compared to 1Q07.
- The quality of the loan portfolio remained high, with 99.4% rated between AA-C on Brazil's rating scale.
- Several new business segments were inaugurated in regions like Rio de Janeiro and Minas Gerais.
- Guidance for 2008 includes targeted credit portfolio growth of 50-60% and personnel expense growth of 12
The expanded credit portfolio of Banco ABC Brasil reached BRL 14.9 billion in the second quarter of 2012, an increase of 8.9% from the previous quarter. Net income in Q2 2012 totaled BRL 55 million. The annualized return on equity was 14.2% for the quarter. Loan transactions rated between AA and C represented 97.5% of the total loan portfolio. Guidance for full year 2012 credit portfolio growth was revised down to between 17-21% from the previous range of 18-22%.
The document is a presentation from Banco ABC Brasil S.A. reporting on their 2Q10 earnings. It summarizes that net income reached R$50.2 million, up 6.9% from 1Q10. Return on average equity was 15.9%. The credit portfolio grew 8.1% to R$10.25 billion. Credit quality remained high with 97% of loans rated AA-C. Net interest income was R$104.3 million, up 10.1% from 2Q09. Guidance for 2010 forecasts credit portfolio growth of 25-30% and personnel expenses increasing 5-10%.
This document provides highlights from Itaú Unibanco Holding's 1st quarter 2013 earnings call. Key points include:
- Recurring net income increased 0.3% from the previous quarter to R$3.5 billion, with a recurring ROE of 19.1%.
- Managerial financial margin totaled R$11.5 billion, down from R$11.7 billion in 4Q12 and R$12.6 billion in 1Q12.
- Credit quality improved with the 90-day NPL ratio down 30 bps from 4Q12 and 60 bps from 1Q12, while allowance for loan losses decreased 14% from 4Q12.
Interplex Holdings Ltd reported financial results for the fourth quarter of fiscal year 2015, with revenue increasing 57% year-over-year to $238.4 million. Gross profit margin improved from 14.2% to 17.3% over the same period. Profit after tax also increased substantially, growing from $2 million in 4QFY14 to $18.3 million in 4QFY15. For the full fiscal year 2015, revenue rose 53% to $969.5 million compared to fiscal year 2014, with net profits up 147% to $44.4 million. The company saw growth across most industry segments, with consumer electronics and networking/enterprise servers representing its largest sources of revenue.
This document provides an investor presentation for Banco ABC Brasil covering their strategy, business segments, funding and capital base, and financial highlights. It summarizes that Banco ABC Brasil focuses on providing commercial banking services to large corporate and middle-market clients in Brazil. Their strategy is to increase profitability per large corporate client through cross-selling more products, and grow their middle-market client base. They have a diversified funding base and strong capital and financial ratios.
This document summarizes CCR's 2Q09 results. It reports that EBITDA increased 23.9% in 2Q09 and 18.3% in 1H09 compared to the previous year. Net income increased 28.2% in 2Q09 and 11.1% in 1H09. Traffic grew 18.1% in 2Q09 and 17.2% excluding recent acquisitions. The number of electronic payment tags increased 48%. CCR concluded issuing $598 million in debentures and approved a dividend payment of $507.9 million. The document also provides details on financial results, business dynamics, indebtedness, traffic trends and debt amortization.
- Global sales and earnings declined in Q1 2022 due to external factors like prolonged COVID-19 pandemic and Russian invasion of Ukraine. However, earnings increased due to higher sales of larger and more profitable models.
- Asset quality was stable with delinquency staying below 1% despite slowing global car sales, supported by diversified funding portfolio and strong partnerships with Hyundai Motor Group.
- While revenue grew with expanding auto loan assets, earnings increased modestly as stable bad debt expenses and improved efficiency offset slowing sales. Financial structure was soundly maintained within regulatory guidelines.
- Sales and profits recovered in 2022 despite external uncertainties such as chip shortages and the Ukraine war. Asset growth was driven by increased car sales, particularly of high-ASP models.
- Profitability increased sharply due to sales growth of more profitable vehicles and a stable domestic car market. The operating margin rose to 7.5% from 5.9% the previous year.
- The lease business continued expanding, contributing to revenue and profit growth. Non-auto assets also increased through partnerships with Hyundai Motor. Financial stability was maintained within regulatory guidelines.
Description: Presentation given by CEO Jeff Weiner, and CFO Steve Sordello, at LinkedIn Q2 2015 Earnings Call. For more information, check out http://investors.linkedin.com/.
LinkedIn reported its Q2 2015 results, with revenue growing 33% year-over-year to $712 million. Membership declined 21% year-over-year to 161 million, continuing a multi-quarter trend of slowing growth. Adjusted EBITDA was $163 million, an increase over last year, with a margin of 23% of revenue. For the third quarter, LinkedIn expects revenue of $745-750 million and adjusted EBITDA of $146-148 million.
Presentation given by CEO Jeff Weiner, and CFO Steve Sordello, at LinkedIn Q3 2015 Earnings Call. For more information, check out http://investors.linkedin.com/.
The document summarizes Alupar Investimento S.A.'s 1Q15 results. Key highlights include adjusted net revenue increasing 10.3% year-over-year to R$357.6 million. EBITDA grew 12.5% to R$316 million and net income rose 1.6% to R$178.2 million. Transmission saw adjusted net revenue and EBITDA increase 11.7% and 12.3% respectively. Generation reported higher net revenue and lower net income compared to 1Q14. Net debt increased 36% to R$3.379 billion at the end of 1Q15.
- Sales and profits were impacted by external factors such as chip shortages and the Ukraine war, however margin increased due to an improved product mix.
- Assets and income grew due to increased lease volume and a focus on high-value models, despite a decline in overall vehicle sales.
- Solid financial performance was maintained through efficient operations and strong asset quality, while further diversifying funding sources.
This document provides financial highlights and key metrics for Itaú Unibanco's 3rd quarter 2019 earnings. Recurring net income was R$7.2 billion for consolidated operations and R$6.8 billion for Brazil operations. Return on equity was 23.5% consolidated and 24.6% in Brazil. Cost of credit was R$4.5 billion consolidated and R$3.9 billion in Brazil. Total credit portfolio reached R$689.0 billion consolidated and R$518.0 billion in Brazil. Financial margin with clients was R$17.6 billion consolidated and R$15.8 billion in Brazil.
Apresentação da Teleconferência de Resultados 3T19ItauRI
1. O Itaú Unibanco apresentou lucro líquido recorrente de R$7,2 bilhões no 3o trimestre de 2019, com ROE de 23,5%.
2. A carteira de crédito total chegou a R$689 bilhões, com crescimento de 4,4% em relação ao trimestre anterior.
3. Os índices de inadimplência se mantiveram estáveis, com taxa de 90 dias de 2,9% no consolidado e 3,4% no Brasil.
The document summarizes the 2nd quarter 2019 earnings results for Itaú Unibanco. Key highlights include:
- Recurring net income of R$7.0 billion in consolidated results and R$6.7 billion in Brazil results. Recurring ROE of 23.5% consolidated and 24.6% in Brazil.
- Total credit portfolio of R$659.7 billion, up 2% from the prior quarter. Loan origination increased 28% year-over-year.
- Financial margin with clients of R$16.9 billion, up 2.8% from the prior quarter. Commission, fees and insurance results totaled R$10.7 billion,
A transmissão do áudio é compatível com o Internet Explorer 9, ou superior, e com o Chrome, Firefox e dispositivos móveis (IOS 8, ou superior, e Android 3.0, ou superior).
The document provides a summary of Itaú Unibanco's first quarter 2019 earnings review conference call. Key highlights include:
- Recurring net income of R$6.9 billion for consolidated operations and R$6.5 billion for Brazil operations.
- Financial margin with clients increased 7.6% for consolidated operations and 6.3% for Brazil.
- Cost of credit was 4.6% for consolidated operations and 4.4% for Brazil.
- Non-interest expenses decreased 5% for consolidated operations.
Teleconferência de Resultados 1T19 - Itaú UnibancoItauRI
O documento apresenta os resultados do primeiro trimestre de 2019 do Itaú Unibanco. Destaca-se lucro líquido recorrente de R$6,9 bilhões, aumento de 7,1% na carteira de crédito e crescimento de 4,1% na receita de serviços. Apresenta também índices de inadimplência, custo do crédito e resultados por segmento de negócio.
Conference Call 2018 Earnings Review
Candido Botelho Bracher - President and CEO
Milton Maluhy Filho - Executive Vice-President, CFO and CRO
Alexsandro Broedel - Executive Finance Director and Head of Investor Relations
O documento apresenta os resultados financeiros e operacionais do Itaú Unibanco para 2018. Destaca-se lucro líquido recorrente de R$6,5 bilhões no quarto trimestre, com ROE de 21,8% e índice de inadimplência de 0,9%. A carteira de crédito total cresceu 6,1% em 2018.
O Itaú Unibanco apresentou os seguintes resultados no 3o trimestre de 2018:
- Lucro líquido recorrente de R$6,5 bilhões, aumento de 0,2% em relação ao trimestre anterior.
- Índice de inadimplência de 3,5%, queda de 0,1 ponto percentual no trimestre.
- Participação das transações realizadas nos canais digitais atingiu 74% para pagamentos.
The document summarizes Itaú Unibanco's 3rd quarter 2018 earnings results. Recurring net income was R$6.5 billion, up 0.2% from the previous quarter. Recurring ROE was 21.3%, down 30 basis points from the prior quarter. Digital transactions accounted for 74% of credit, 40% of investments, and 18% of payments. Credit quality remained stable with the 90-day default ratio at 2.9% and the cost of credit at 3.4% excluding a specific client reversal. Capital ratios remained strong with Basel III at 14.8% and Tier I at 11.6%. In August 2018, Itaú completed its acquisition of a 49
The document summarizes the 3rd quarter 2018 earnings results of Itaú Unibanco. Key highlights include:
- Recurring net income of R$6.5 billion in Brazil and R$19.3 billion consolidated.
- ROE of 21.3% in Brazil and 21.7% consolidated.
- Non-performing loan ratios of 2.9% in Brazil and 3.5% consolidated.
- Digital channels accounted for 18% of credit transactions, 40% of investments, and 74% of payments.
O Itaú Unibanco apresentou os resultados do 3o trimestre de 2018. O lucro líquido recorrente foi de R$6,5 bilhões, um aumento de 0,2% em relação ao trimestre anterior. A carteira de crédito cresceu 1,1% no trimestre. As despesas não decorrentes de juros tiveram redução de 0,2 p.p. em relação ao trimestre anterior. A qualidade do crédito se manteve estável com NPL de 2,9%.
The document summarizes an agreement where Itaú Unibanco will acquire a minority stake in XP Inc. over time. Specifically:
- Itaú Unibanco will initially acquire a 12.5% stake in XP Inc. for $600 million in new capital and $5.7 billion for existing shares, valuing XP Inc at $12 billion.
- Over time, Itaú Unibanco can increase its stake to 49.9% through additional acquisitions based on earnings multiples.
- After 2024, XP Controle has a put option to sell its remaining shares to Itaú Unibanco, and after 2033 Itaú Unibanco has a
This document summarizes the key financial results of Itaú Unibanco Holding S.A. for the second quarter of 2011:
- Net income was R$3.6 billion, up 2.1% from the previous quarter. Recurring net income was R$3.3 billion, down 8.8% from the prior quarter.
- The loan portfolio totaled R$360.1 billion, up 4.4% from the previous quarter and 22.3% from a year ago.
- Non-interest expenses increased 3.7% compared to the previous quarter to R$8.0 billion, confirming a trend of deceleration.
1. O documento apresenta os resultados do 2o trimestre de 2011 do Itaú Unibanco. O lucro líquido recorrente foi de R$3,3 bilhões, com crescimento de 7,6% no primeiro semestre de 2011.
2. A carteira de crédito atingiu R$360,1 bilhões, com crescimento de 4,4% no trimestre.
3. As receitas de prestação de serviços cresceram 4,6% no trimestre, enquanto as despesas não decorrentes de juros aumentaram 3,7%.
O Itaú Unibanco anunciou seus resultados do 3o trimestre de 2011, com lucro líquido recorrente de R$3,9 bilhões, um aumento de 18,8% em relação ao trimestre anterior. A carteira de crédito cresceu 6,1% no trimestre. A margem financeira com clientes aumentou 5,3% e as despesas não decorrentes de juros cresceram 5,7%.
O lucro líquido recorrente do Itaú Unibanco alcançou R$3,7 bilhões no 4o trimestre de 2011 e R$14,6 bilhões no ano. A carteira de crédito atingiu R$397 bilhões em dezembro, com crescimento de 3,9% no trimestre. O índice de inadimplência acima de 90 dias foi de 4,9% ao final de 2011, aumento de 0,2 ponto percentual no trimestre.
O lucro líquido recorrente atingiu R$ 3,5 bilhões no primeiro trimestre de 2012, com a carteira de crédito ultrapassando R$ 400 bilhões e a margem financeira com clientes totalizando R$ 12,4 bilhões. As despesas com provisão para créditos de liquidação duvidosa atingiram R$ 6 bilhões.
1. O lucro líquido recorrente atingiu R$3,6 bilhões no segundo trimestre de 2012, com crescimento de 8,1% em relação ao mesmo período do ano anterior. A carteira de crédito total ultrapassou R$432,7 bilhões em junho de 2012, com crescimento de 3,6% no trimestre.
2. As despesas com provisão para créditos de liquidação duvidosa atingiram R$4,9 bilhões no segundo trimestre, estáveis em relação ao trimestre anterior, enquanto o
O lucro líquido recorrente foi de R$3,4 bilhões no 3o trimestre de 2012, com queda de 4,8% em relação ao trimestre anterior. A carteira de crédito total ultrapassou R$437,6 bilhões em setembro de 2012, com crescimento de 1,1% no trimestre. A margem financeira com clientes totalizou R$12 bilhões no 3o trimestre, com queda de 3% na comparação trimestral.
ZKsync airdrop of 3.6 billion ZK tokens is scheduled by ZKsync for next week.pdfSOFTTECHHUB
The world of blockchain and decentralized technologies is about to witness a groundbreaking event. ZKsync, the pioneering Ethereum Layer 2 network, has announced the highly anticipated airdrop of its native token, ZK. This move marks a significant milestone in the protocol's journey, empowering the community to take the reins and shape the future of this revolutionary ecosystem.
Cleades Robinson, a respected leader in Philadelphia's police force, is known for his diplomatic and tactful approach, fostering a strong community rapport.
Methanex is the world's largest producer and supplier of methanol. We create value through our leadership in the global production, marketing and delivery of methanol to customers. View our latest Investor Presentation for more details.
World economy charts case study presented by a Big 4
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World economy charts case study presented by a Big 4
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UnityNet World Environment Day Abraham Project 2024 Press ReleaseLHelferty
June 12, 2024 UnityNet International (#UNI) World Environment Day Abraham Project 2024 Press Release from Markham / Mississauga, Ontario in the, Greater Tkaronto Bioregion, Canada in the North American Great Lakes Watersheds of North America (Turtle Island).
2. Itaú Unibanco Holding S.A. 2
Financial Margin with Clients: 1.1% (4Q15/3Q15) and 15.6% (2015/2014)
totaled R$15.5 billion in the quarter and R$59.6 billion in the year
Financial Margin with the Market: 44.2% (4Q15/3Q15) and 94.1% (2015/2014)
totaled R$1.3 billion in the quarter and R$7.0 billion in the year
Provision for Loan Losses: 6.4% (4Q15/3Q15) and 26.7% (2015/2014)
reached R$6.1 billion in the quarter and R$22.9 billion in the year
Fees and Result from Insurance1: 7.0% (4Q15/3Q15) and 9.9% (2015/2014)
reached R$9.3 billion in the quarter and R$34.7 billion in the year
Non-Interest Expenses : 1.9% (4Q15/3Q15) and 8.8% (2015/2014)
reached R$11.1 billion in the quarter and R$41.9 billion in the year
Efficiency Ratio : 130 bps (4Q15/3Q15) and 100 bps (4Q15/4Q14)
reached 45.5% in the quarter and Risk-Adjusted Efficiency Ratio reached 64.5%
Credit Portfolio: 0.8% (Dec/15 – Sep/15) and 4.3% (Dec/15 – Dec/14)
including private securities 0.9% in the quarter and 4.6% (Dec/15 – Dec/14)
Highlights
170 bps (4Q15/3Q15)
10 bps (2015/2014)
R$5.8
billion
Recurring Net Income
22.3%
Recurring ROE (p.a.)
12-month ROE was 23.9%
20 bps (4Q15/3Q15)
40 bps (4Q15/4Q14)
3.5%
NPL 90
Credit Quality
-5.6% (4Q15/3Q15)
15.6% (2015/2014)
1 Result from Insurance (-) Retained Claims (-) Insurance Selling Expenses
NPL 15-90: 2.6% 40 bps (4Q15/3Q15)
10 bps (4Q15/4Q14)
4. Itaú Unibanco Holding S.A. 4
Results
1 Result from Insurance includes the Result from Insurance, Pension Plan and Premium Bonds Operations before Retained Claims and Selling Expenses.
2 Include Tax Expenses (ISS, PIS, COFINS and other) and Insurance Selling Expenses.
3 Calculated based on the number of outstanding shares at the end of each period, adjusted to reflect the 10% share bonus granted on June 05, 2014 and July 17, 2015.
* There was a restructuring of one operation of a specific group that had already been written off as a loss. This restructuring totaled R$488 million in recovery of loans written off as losses, of
which R$283 million refers to financial assets received and R$205 million to a new loan operation which was booked with 100% of provision in accordance with the current regulation. There was a
negative adjust of R$125 million in the financial margin with the market to adjust to market value the financial asset received. This operation generated an effect of R$158 million before taxes and
of R$87 million in our net income.
In R$millions 4Q15 3Q15 4Q14 2015 2014
Operating Revenues 26,680 26,945 (266) -1.0% 23,754 2,926 12.3% 103,910 89,840 14,070 15.7%
Managerial Financial Margin 16,764 17,595 (831) -4.7% 14,705 2,059 14.0% 66,557 55,155 11,402 20.7%
Financial MarginwithClients 15,495 15,319 176 1.1% 13,687 1,808 13.2% 59,580 51,560 8,020 15.6%
Financial Marginwiththe Market
*
1,269 2,276 (1,007) -44.2% 1,018 251 24.6% 6,977 3,595 3,382 94.1%
Commissions andFees 7,645 7,082 563 7.9% 6,825 820 12.0% 28,500 25,777 2,723 10.6%
Result from Insurance
1
2,271 2,268 3 0.1% 2,224 47 2.1% 8,853 8,908 (55) -0.6%
Result from Loan Losses
*
(4,634) (4,653) 19 -0.4% (3,284) (1,350) 41.1% (18,129) (13,023) (5,106) 39.2%
Provision for LoanLosses (6,116) (5,747) (369) 6.4% (4,614) (1,502) 32.6% (22,898) (18,071) (4,827) 26.7%
Recoveryof Loans WrittenOff as Losses 1,482 1,094 387 35.4% 1,330 152 11.4% 4,769 5,049 (279) -5.5%
Retained Claims (406) (437) 31 -7.0% (497) 91 -18.3% (1,597) (2,023) 426 -21.1%
Other Operating Expenses (12,959) (12,748) (211) 1.7% (11,633) (1,326) 11.4% (49,001) (44,439) (4,563) 10.3%
Non-interest Expenses (11,119) (10,906) (212) 1.9% (10,113) (1,006) 9.9% (41,886) (38,483) (3,403) 8.8%
Tax Expenses andOther
2
(1,840) (1,841) 1 -0.1% (1,520) (320) 21.1% (7,116) (5,956) (1,160) 19.5%
Income before Tax and Minority Interests 8,680 9,108 (427) -4.7% 8,340 341 4.1% 35,183 30,356 4,827 15.9%
Income Tax and Social Contribution (2,815) (2,911) 96 -3.3% (2,595) (220) 8.5% (10,994) (9,427) (1,568) 16.6%
Minority Interests in Subsidiaries (92) (79) (13) 16.4% (85) (7) 8.6% (356) (311) (45) 14.5%
Recurring Net Income 5,773 6,117 (344) -5.6% 5,660 113 2.0% 23,832 20,619 3,214 15.6%
Non-recurring Events (75) (172) 97 -56.4% (140) 65 -46.4% (473) (377) (95) 25.3%
Net Income 5,698 5,945 (247) -4.2% 5,520 178 3.2% 23,360 20,242 3,118 15.4%
Recurring Net Income per Share
3
0.97 1.03 (0.05) -5.2% 0.94 0.04 3.8% 4.02 3.42 0.60 17.6%
change change change
5. Itaú Unibanco Holding S.A. 5
Results
1 Includes units abroad ex-Latin America.
2 Result from Insurance includes the Result from Insurance, Pension Plan and Premium Bonds Operations before Retained Claims and Selling Expenses.
3 Include Tax Expenses (ISS, PIS, COFINS and other) and Insurance Selling Expenses.
Note: Latin America information is presented in nominal currency.
Latin Latin Latin
In R$millions Consolidated Brazil 1
America Consolidated Brazil 1
America Consolidated Brazil 1
America
Operating Revenues 103,910 98,228 5,683 89,840 85,529 4,311 15.7% 14.8% 31.8%
Managerial Financial Margin 66,557 62,845 3,712 55,155 52,267 2,888 20.7% 20.2% 28.5%
Financial Marginwith Clients 59,580 56,356 3,224 51,560 49,150 2,410 15.6% 14.7% 33.8%
Financial Marginwith the Market 6,977 6,489 488 3,595 3,117 478 94.1% 108.2% 2.1%
Commissions andFees 28,500 26,630 1,870 25,777 24,402 1,375 10.6% 9.1% 35.9%
Result from Insurance 2
8,853 8,752 101 8,908 8,861 47 -0.6% -1.2% 114.5%
Result from Loan Losses (18,129) (17,609) (519) (13,023) (12,589) (434) 39.2% 39.9% 19.8%
Provisionfor LoanLosses (22,898) (22,312) (586) (18,071) (17,591) (481) 26.7% 26.8% 21.9%
Recoveryof Loans Written Off as Losses 4,769 4,703 66 5,049 5,002 47 -5.5% -6.0% 41.3%
Retained Claims (1,597) (1,567) (30) (2,023) (2,007) (15) -21.1% -21.9% 93.4%
Other Operating Expenses (49,001) (45,523) (3,479) (44,439) (41,844) (2,594) 10.3% 8.8% 34.1%
Non-interest Expenses (41,886) (38,526) (3,359) (38,483) (35,993) (2,489) 8.8% 7.0% 34.9%
Tax Expenses andOther 3
(7,116) (6,996) (119) (5,956) (5,851) (105) 19.5% 19.6% 14.2%
Income before Tax and Minority Interests 35,183 33,528 1,655 30,356 29,088 1,268 15.9% 15.3% 30.5%
Income Tax and Social Contribution (10,994) (10,452) (542) (9,427) (9,018) (409) 16.6% 15.9% 32.7%
Minority Interests in Subsidiaries (356) (356) - (311) (311) - 14.5% 14.5% 0.0%
Recurring Net Income 23,832 22,720 1,113 20,619 19,759 859 15.6% 15.0% 29.5%
Regulatory Capital 106,462 99,062 7,401 95,848 90,426 5,422
Recurring ROE 23.9% 24.4% 17.5% 24.0% 24.5% 16.3%
2015 2014 change
6. Itaú Unibanco Holding S.A. 6
Credit and Trading & Insurance and Services
Operating Revenues 103.9 55.9 46.9 1.0 89.8 49.6 40.2 0.1 15.7% 12.8% 16.8% -
Managerial Financial Margin 66.6 46.7 18.8 1.0 55.2 41.0 14.1 0.1 20.7% 14.0% 33.3% -
Commissions and Fees 28.5 9.2 19.3 - 25.8 8.6 17.2 - 10.6% 7.2% 12.3% -
Result from Insurance 8.9 - 8.9 - 8.9 - 8.9 - -0.6% - -0.6% -
Result from Loan Losses (18.1) (18.1) - - (13.0) (13.0) - - 39.2% 39.2% - -
Retained Claims (1.6) - (1.6) - (2.0) - (2.0) - -21.1% - -21.1% -
Non-interest Expenses and
Other Expenses
(49.4) (23.3) (26.0) (0.0) (44.7) (21.8) (22.9) (0.0) 10.3% 6.9% 13.3% -
Recurring Net Income 23.8 10.2 12.9 0.8 20.6 10.0 10.5 0.1 15.6% 1.4% 22.2% -
Regulatory Capital 106.5 64.3 30.1 12.0 95.8 59.8 27.5 8.5 11.1% 7.5% 9.6% 40.7%
Recurring Return 23.9% 15.3% 43.2% 11.9% 24.0% 15.4% 40.5% 7.1% -10 bps -10 bps 270 bps 480 bps
In R$ billions
2015 2014 change
Consolidated
Credit and
Trading
Insurance
and Services
Excess
Capital
Consolidated
Credit and
Trading
Insurance
and Services
Excess
Capital
Consolidated
Credit and
Trading
Insurance
and Services
Excess
Capital
7. Itaú Unibanco Holding S.A. 7
Credit Portfolio
In R$millions, end of period 4Q15 3Q15 change 4Q14 change
Individuals 187,556 186,128 0.8% 186,212 0.7%
Credit CardLoans 58,542 55,051 6.3% 59,321 -1.3%
Personal Loans 28,961 30,256 -4.3% 28,541 1.5%
Payroll Loans 45,437 45,695 -0.6% 40,525 12.1%
Vehicle Loans 19,984 21,632 -7.6% 28,927 -30.9%
Mortgage Loans 34,631 33,493 3.4% 28,898 19.8%
Companies 288,393 293,686 -1.8% 285,816 0.9%
Corporate Loans (1) (2)
205,704 208,947 -1.6% 201,692 2.0%
VerySmall, Small andMiddle Market Loans 82,688 84,739 -2.4% 84,125 -1.7%
Latin America
(2)
72,125 72,528 -0.6% 53,491 34.8%
Total with Endorsements and Sureties 548,073 552,342 -0.8% 525,519 4.3%
Corporate - Private Securities 37,431 38,332 -2.4% 34,175 9.5%
Total with Endorsements, Sureties and Private Securities 585,504 590,674 -0.9% 559,694 4.6%
Total with Endorsements, Sureties and Private Securities
(ex-foreign exchange rate variation)
585,504 585,556 0.0% 603,046 -2.9%
Corpbanca
(3)
81,263 83,378 -2.5% 62,102 30.9%
(1) There were transfers of financial assets with no risk retention and with low probability of recovery in the short term, to affiliated company, related to operations of specific economic groups,
with a negative effect of R$17 million on net income. Had we not transferred the financial assets, the 90-day NPL of the total portfolio would have reached 3.7% instead of 3.5%. (2) Certain credits
that were classified as Corporate Loans were reclassified to the Latin America segment, and for comparison purposes, prior periods have been reclassified. (3) Source: Corpbanca´s Investors
Relations.
Note: Growth of the average total loan portfolio, including endorsements and sureties and private securities, was 9.4% in 2015 when compared to 2014.
9. Itaú Unibanco Holding S.A. 9
Financial Margin with the Market
In R$ millions
The quarterly average Financial Margin with the Market for the past 8 quarters was R$1,322 million.
700
1,039
1,128
875
268
739
614
881
1,083 1,018
1,871
1,561
2,276
1,269
900
833
926
884
638
470 474
628
829 899
1,213
1,383
1,682
1,744
175
100
36
2Q11 4Q11 2Q12 4Q12 2Q13 4Q13 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15
Sale of Cetip/BM&FBovespa Shares
Financial Margin with the Market
1-year moving average of Financial Margin with the Market (ex-Sale of Shares)
10. Itaú Unibanco Holding S.A. 10
5.8
6.6
7.3 6.9
6.4
5.8
5.4 5.2 5.0 4.7 4.5 4.6
5.1
5.4
4.5
4.9 5.2
4.8
4.2
3.7 3.5 3.4 3.2 3.1 3.0
3.3 3.3 3.5
0.6
0.3 0.5 0.3 0.4 0.4 0.5 0.5 0.7 0.8 1.0
1.6 1.3 0.9
6.3
6.8
6.6 6.4 5.2
4.2 3.9 3.7 3.5 3.3 3.1
3.0 3.1 3.4
Jun-11 Dec-11 Jun-12 Dec-12 Jun-13 Dec-13 Mar-14 Jun-14 Sep-14 Dec-14 Mar-15 Jun-15 Sep-15 Dec-15
7.2
6.9
7.5
6.3
5.9
4.7 4.9
4.6
4.2
3.8
4.1 4.2 4.1
3.8
4.5 4.4 4.5
3.6 3.4
3.0 3.0 2.7 2.6
2.5 2.9
3.0 3.0
2.6
0.7 0.9 0.7
0.3 0.2
0.7 0.6 0.5 0.4
0.7
1.0 1.3
1.7
0.8
3.9 3.8 3.7
3.0 2.8 2.8
2.4 2.2
2.5
2.7
3.0
2.9
2.6
2.9
Jun-11 Dec-11 Jun-12 Dec-12 Jun-13 Dec-13 Mar-14 Jun-14 Sep-14 Dec-14 Mar-15 Jun-15 Sep-15 Dec-15
15 to 90-day NPL Ratio
Credit Quality
90-day NPL Ratio
%
%
Individuals
Total
Corporate
Very Small, Small
and Middle Market
Companies
Individuals
Total
Corporate
Very Small, Small
and Middle Market
Companies
1
1
1 There were transfers of financial assets with no risk retention and with low probability of recovery in the short term, to affiliated company, related to operations of specific economic groups, with a negative effect of R$17 million on net
income. Had we not transferred the financial assets, the 90-day NPL of the total portfolio would have reached 3.7% instead of 3.5% and the corporate portfolio ratio would have reached 1.7%. There was no effect on the 15 to 90-day NPL
ratio.
12. Itaú Unibanco Holding S.A. 12
Days overdue:
measured at the moment
of renegotiation
2.9 3.6
4.9 3.9 2.8 2.7 2.7 2.5 2.8
163% 149% 153% 173%
210% 218% 212% 233% 228%
Dec-10 Dec-11 Dec-12 Dec-13 Dec-14 Mar-15 Jun-15 Sep-15 Dec-15
90-day NPL Balance (R$ billion) 90-day NPL Coverage
Renegotiated Loan Operations
Delinquency and Allowance for Loan Losses Coverage (Renegotiated Loans over 30 days overdue)*
Total Renegotiated Portfolio | Breakdown by Days Overdue* (in R$ billion)
* Measured at the moment of renegotiation.
31.4% 30.3% 33.1% 30.0%
24.1% 22.0% 21.5% 18.1% 18.8%
90-day NPL ratio
* Measured at the moment of renegotiation.
3.6 3.6 3.5 3.4 3.5 3.7 3.9 3.9 4.4 4.9 5.3 5.4
1.5 1.5 1.5 1.3 1.3 1.2 1.2 1.1 2.5 2.6 3.1 2.6
7.1 6.7 6.1 5.6 5.3 5.0 4.8 4.2
5.1 5.2 5.8 6.7
5.7 5.6 5.7 5.6 5.4 5.5 5.7 5.5
5.5 5.4
5.8 6.21.3 1.4 1.5 1.6 1.6 1.6 1.8 1.9
1.8 1.9
1.9 2.119.1 18.8 18.3 17.6 17.1 17.0 17.4 16.6
19.4 20.0
21.9 23.0
Mar-13 Jun-13 Sep-13 Dec-13 Mar-14 Jun-14 Sep-14 Dec-14 Mar-15 Jun-15 Sep-15 Dec-15
Write-off
Over 90 days overdue
31-90 days overdue
Up to 30 days overdue
Non-overdue
13. Itaú Unibanco Holding S.A. 13
No impact on the NPL ratio No impact on the NPL ratioImpact on the NPL ratio
Total: 20 bps
Corporate: 80 bps
Assets Book Value:
Provision Balance:
Assets Net Value:
Assets Sale Value:
Impact on Income Before
Taxes:
Impact on Net Income:
256
4
252
332
80
44
Transfer of assets with low
probability of recovery, with no risk
retention, to affiliated company
Sale and Transfer of Financial Assets – 4Q15
Sale of student loan portfolios in
Chile with no risk retention
Sale of portfolios of the Middle
Market segment that had already
been written off as losses
1,249
933
316
301
(17)
(32)
(17)
0
44
44
24
Assets Book Value:
Average Provision (75%):
Assets Net Value:
Assets Sale Value:
Provision Expense:
Impact on Income Before
Taxes:
Impact on Net Income:
in R$ millions
Assets Book Value:
Assets Sale Value:
Impact on Income Before
Taxes:
Impact on Net Income:
(1) Based on appraisal report;
(2) Recognized in the company that acquired the portfolio and that is consolidated in our financial statements;
(3) Additionally, there were transfers of assets with no impact on the NPL ratio, which generated an effect of R$ 11 million on income before taxes, as demonstrated in the Note 8-F of the Financial Statements;
(4) R$ 2,104 million that had already been written off as losses.
1
2
3
3
4
18. Itaú Unibanco Holding S.A. 18
12.3%
14.0%-0.2%0.7% 0.4% 0.8%
Common Equity Tier I
(CET I) Sep-15
Net Income 4Q15 Dividends Distribution
4Q15 and Other Changes
in Stockholders’ Equity
Decrease in Tax Credits RWA and Other Common Equity Tier I
(CET I) Dec-15
Core Capital Ratio (Common Equity Tier I)
Changes in the Core Capital Ratio in the 4Q15
1
2 3
4
14.0%
12.1% 11.8%
13.6%-1.9%
-0.3%
1.8%
Common Equity Tier I
(CET I) Dec-15
Deductions Schedule
Anticipation
CET I with Full
Deductions
Risk-weighted Assets
Rules Anticipation
CET I with Fully
Loaded
Basel III Rules
Use of all Tax Credits Simulated CET I with
Fully Loaded Basel III
Rules
Full application of Basel III rules │ December 31, 2015
1 Includes the increase in treasury shares and the increase in the negative balance of asset valuation adjustment. 2 Includes deductions of Goodwill, Intangible Assets, Tax Credits from Temporary Differences
and Tax Loss, Pension Fund Assets, Equity Investments in Financial Institutions, Insurance and similar companies. 3 Includes the increase of the multiplier of the market risk, operational risk and certain credit
risk accounts. This multiplier, which is at 9.09 nowadays, will be to 12.5 in 2019. 4 Does not include any reversal of the complementary allowance for loan losses.
19. Itaú Unibanco Holding S.A. 19
2015 Forecast
1 Includes endorsements, sureties and private securities;
2 Excluding Foreign Exchange Rate Variation – Decrease of 2.9%;
3 Includes Financial Margin with Clients and Financial Margin with Market;
4 Service Fees (+) Income from Insurance, Pension Plan and Premium Bonds (-) Retained Claims (-) Selling Expenses with Insurance, Pension Plan and Premium Bonds.
Note: The forecast does not include the effects of the CorpBanca’s transaction.
Total Credit Portfolio1
Growthof 3.0% to7.0% Growthof 4.6% 2
Managerial Financial Margin3
Growthof 14.5% to17.5% Growthof 20.7%
Provisionfor LoanLosses Net of Recovery of Loans BetweenR$15 billionand R$18 billion R$18.1 billion
Commissions and Fees and Result fromInsurance Operations 4
Growthof 9.5% to11.5% Growthof 9.9%
Non-Interest Expenses Growthof 7.0% to10.0% Growthof 8.8%
Actual
20. Itaú Unibanco Holding S.A. 20
2016 Forecast
1 Includes units abroad ex-Latin America;
2 Includes endorsements, sureties and private securities;
3 Service Fees (+) Income from Insurance, Pension Plan and Premium Bonds (-) Retained Claims (-) Selling Expenses with Insurance, Pension Plan and Premium Bonds.
Note: The forecast does not include the effects of the CorpBanca’s transaction.
Consolidated Brazil 1
Total Credit Portfolio2
from-0.5% to4.5% from-1.0% to3.0%
Financial MarginwithClients Growthof 2.0% to5.0% Growthof 1.0% to4.0%
Provisionfor LoanLosses Net of Recovery of Loans BetweenR$22 billionand R$25 billion BetweenR$21 billionand R$24 billion
Commissions and Fees
3 Growthof 6.0% to 9.0% Growthof 4.5% to7.5%
Non-Interest Expenses Growthof 5.0% to 7.5% Growthof 4.0% to6.5%
21. Itaú Unibanco Holding S.A. 21
2.4% 2.2% 2.4%
3.0% 2.8% 3.0%
3.8%
13.6 x
11.5 x
9.3 x 9.5 x 9.1 x 8.7 x
6.9 x
368 443 459 410 333 409 506
191
207 277 292
326
419
478
559
650
736 702 659
827
984
175.1 179.6
152.8 150.6 157.0
190.2
155.7
2009 2010 2011 2012 2013 2014 2015
BM&FBOVESPA(Non-voting + Common) NYSE (ADR)
Stock Market Performance
Average Daily Trading Volume (in R$ millions)
Market Capitalization (in R$ billions)
Net DividendYield 1
Price/Earnings 2
1 Dividends and Interest on Capital Distributed in the last 12 months of each period/average price of the non-voting shares on the first day of each period; 2 Source: Bloomberg (considered analysts
expectations for the next 12 months, as of each date, and ITUB4 closing price).
22. Itaú Unibanco Holding S.A. 22
Year
Number
(Units)
Average Price
(R$)
Amount
(R$ million)
2015 115,440,280 28.80 3,324.4
2016 7,990,000 25.06 200.2
The balance of treasury non-voting shares** accounts for 5.7%
of total outstanding shares of the same class (free float).
Shares Buybacks
Non-voting Shares Acquired *
Shares Buyback Program
3.8% of the capital stock in non-voting shares
1.9% of total capital stock
Effective
From February 3, 2016
to August 2, 2017
50
million
non-voting shares
Authorizes the acquisition of up to:
10
million
common shares
* All values were adjusted to reflect the 10% bonus share
In February 2016, the renewal of the
share buyback program was approved
in a Board of Directors meeting.
** As at December 31, 2015, the balance of treasury non-voting shares was 162.6 million.