v3.26.1
Earnings per share
12 Months Ended
Dec. 31, 2025
Notes and other explanatory information [abstract]  
Earnings per share Earnings per share
a) Basic earnings per share
Net income attributable to ITAÚ UNIBANCO HOLDING's shareholders is divided by the average number of outstanding shares in the period, excluding treasury shares.
01/01 to 12/31/2025
01/01 to 31/12/2024 (1)
01/01 to 31/12/2023 (1)
Net income attributable to owners of the parent company44,857 41,085 33,105 
Minimum non-cumulative dividends on preferred shares(120)(120)(121)
Retained earnings to be distributed to common equity owners in an amount per share equal to the minimum dividend payable to preferred equity owners(124)(124)(123)
Retained earnings to be distributed, on a pro rata basis, to common and preferred equity owners:
Common22,624 20,687 16,631 
Preferred21,989 20,154 16,230 
Total net income available to equity owners
Common22,748 20,811 16,754 
Preferred22,109 20,274 16,351 
Weighted average number of outstanding shares
Common5,617,742,9775,617,742,9775,617,742,977
Preferred5,459,926,6305,472,801,1295,482,580,990
Basic earnings per share – R$
Common4.05 3.70 2.98 
Preferred4.05 3.70 2.98 
1) For better comparability, the numbers of shares presented were adjusted to reflect bonus shares issued on March 20, 2025, in the proportion of one new share for every 10 held, and on December 30, 2025, in the proportion of three new shares for every 100 held.

b) Diluted earnings per share
Calculated similarly to the basic earnings per share, however, it includes the conversion of all preferred shares potentially dilutable in the denominator.
01/01 to 12/31/2025
01/01 to 31/12/2024 (1)
01/01 to 31/12/2023 (1)
Net income available to preferred equity owners22,109 20,274 16,351 
Dividends on preferred shares after dilution effects227 149 101 
Net income available to preferred equity owners considering preferred shares after the dilution effect22,336 20,423 16,452 
Net income available to ordinary equity owners22,748 20,811 16,754 
Dividend on preferred shares after dilution effects(227)(149)(101)
Net income available to ordinary equity owners considering preferred shares after the dilution effect22,521 20,662 16,653 
Adjusted weighted average of shares
Common5,617,742,9775,617,742,9775,617,742,977
Preferred5,571,684,6205,552,704,0855,549,980,489
Preferred5,459,926,6305,472,801,1295,482,580,990
Incremental as per share-based payment plans111,757,99079,902,95667,399,499
Diluted earnings per share – R$
Common4.01 3.68 2.96 
Preferred4.01 3.68 2.96 
1) For better comparability, the numbers of shares presented were adjusted to reflect bonus shares issued on March 20, 2025, in the proportion of one new share for every 10 held, and on December 30, 2025, in the proportion of three new shares for every 100 held.
There was no potentially antidilutive effect of the shares in share-based payment plans in any of the periods.