v3.26.1
Goodwill and Intangible assets
 12 Months Ended
Dec. 31, 2025
Goodwill And Intangible Assets [Abstract]  
Goodwill and Intangible assets Goodwill and Intangible assets
The accounting policies on goodwill and intangible assets and impairment of non-financial assets are presented in Note 2c IX, 2c X.
Goodwill and intangible from
incorporation		Intangible assetsTotal
Association for the promotion and
offer of financial products and
services		Software acquiredInternally developed software
Other intangible assets (1)
Annual amortization rates8%20%20%
10% to 20%
Cost
Balance at 12/31/202413,317 2,366 5,869 23,568 7,996 53,116 
Acquisitions60 - 789 4,556 807 6,212 
Termination / write-offs- — (9)(261)(489)(759)
Exchange variation(160)41 (6)(28)(21)(174)
Other1 (16)30 (7)- 8 
Balance at 12/31/202513,218 2,391 6,673 27,828 8,293 58,403 
Amortization
Balance at 12/31/2024- (1,378)(4,318)(11,557)(4,569)(21,822)
Amortization expense- (79)(509)(3,368)(1,247)(5,203)
Termination / write-offs- — 5 — 486 491 
Exchange variation- (16)(11)8 19 — 
Other- 16 — - - 16 
Balance at 12/31/2025- (1,457)(4,833)(14,917)(5,311)(26,518)
Impairment
Balance at 12/31/2024(4,968)(729)(174)(1,326)(100)(7,297)
Increase- - - (558)— (558)
Exchange variation95 (26)- - - 69 
Balance at 12/31/2025(4,873)(755)(174)(1,884)(100)(7,786)
Book value
Balance at 12/31/20258,345 179 1,666 11,027 2,882 24,099 
1) Includes amounts paid to the rights for acquisition of payrolls, proceeds, retirements and pension benefits and similar benefits.
Goodwill and intangible from
incorporation		Intangible assetsTotal
Association for the promotion and
offer of financial products and
services		Software acquiredInternally developed software
Other intangible assets (1)
Annual amortization rates8%20%20%
10% to 20%
Cost
Balance at 12/31/202312,255 2,227 5,177 19,577 7,602 46,838 
Acquisitions135 - 412 4,125 863 5,535 
Termination / write-offs- (7)(5)(269)(591)(872)
Exchange variation927 162 263 138 122 1,612 
Other- (16)22 (3)- 3 
Balance at 12/31/202413,317 2,366 5,869 23,568 7,996 53,116 
Amortization
Balance at 12/31/2023- (1,242)(3,713)(8,422)(3,766)(17,143)
Amortization expense- (82)(448)(3,048)(1,278)(4,856)
Termination / write-offs- 6 4 1 591 602 
Exchange variation- (76)(162)(88)(116)(442)
Other- 16 1 - - 17 
Balance at 12/31/2024- (1,378)(4,318)(11,557)(4,569)(21,822)
Impairment
Balance at 12/31/2023(4,420)(648)(174)(1,089)- (6,331)
Increase- - - (237)(100)(337)
Exchange variation(548)(81)- - - (629)
Balance at 12/31/2024(4,968)(729)(174)(1,326)(100)(7,297)
Book value
Balance at 12/31/20248,349 259 1,377 10,685 3,327 23,997 
1) Includes amounts paid to the rights for acquisition of payrolls, proceeds, retirement and pension benefits and similar benefits.

Amortization expense related to the rights for acquisition of payrolls and associations, in the amount of R$ (1,297) (R$ (1,313) at 12/31/2024) is disclosed in the General and administrative expenses (Note 23).
Goodwill and Intangible assets from incorporation are mainly represented by Banco Itaú Chile’s goodwill in the amount of R$ 3,010 (R$ 3,073 at 12/31/2024).