<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with the Workiva Platform-->
<!--Copyright 2026 Workiva-->
<!--r:4d45fbf5-a68e-4f60-abf4-fa99d55951b5,g:9eaec959-e623-4732-b47a-01bb8b7e7ed6-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/netLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel"/>
  <link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
    <link:label id="lab_itub_LessProvisionsGuaranteedByIndemnityClause_b2f1c657-f7f8-43a6-8885-3a29033097fd_terseLabel_en-US" xlink:label="lab_itub_LessProvisionsGuaranteedByIndemnityClause" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">(-) Provisions guaranteed by indemnity clause</link:label>
    <link:label id="lab_itub_LessProvisionsGuaranteedByIndemnityClause_label_en-US" xlink:label="lab_itub_LessProvisionsGuaranteedByIndemnityClause" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Less: Provisions Guaranteed By Indemnity Clause</link:label>
    <link:label id="lab_itub_LessProvisionsGuaranteedByIndemnityClause_documentation_en-US" xlink:label="lab_itub_LessProvisionsGuaranteedByIndemnityClause" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Less: Provisions Guaranteed By Indemnity Clause</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LessProvisionsGuaranteedByIndemnityClause" xlink:href="itub-20251231.xsd#itub_LessProvisionsGuaranteedByIndemnityClause"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LessProvisionsGuaranteedByIndemnityClause" xlink:to="lab_itub_LessProvisionsGuaranteedByIndemnityClause" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfHedgeAccountingTableTextBlock_190e895a-f327-453d-b4f1-449288d30de2_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfHedgeAccountingTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Hedge Accounting</link:label>
    <link:label id="lab_itub_ScheduleOfHedgeAccountingTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfHedgeAccountingTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of hedge accounting [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfHedgeAccountingTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfHedgeAccountingTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of hedge accounting</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfHedgeAccountingTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfHedgeAccountingTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfHedgeAccountingTableTextBlock" xlink:to="lab_itub_ScheduleOfHedgeAccountingTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ObligationsOnSecuritiesAbroadMember_b9824df1-67f2-4a2e-be24-a601757c799a_terseLabel_en-US" xlink:label="lab_itub_ObligationsOnSecuritiesAbroadMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign loans through securities</link:label>
    <link:label id="lab_itub_ObligationsOnSecuritiesAbroadMember_label_en-US" xlink:label="lab_itub_ObligationsOnSecuritiesAbroadMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Obligations On Securities Abroad [Member]</link:label>
    <link:label id="lab_itub_ObligationsOnSecuritiesAbroadMember_documentation_en-US" xlink:label="lab_itub_ObligationsOnSecuritiesAbroadMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Obligations On Securities Abroad [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ObligationsOnSecuritiesAbroadMember" xlink:href="itub-20251231.xsd#itub_ObligationsOnSecuritiesAbroadMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ObligationsOnSecuritiesAbroadMember" xlink:to="lab_itub_ObligationsOnSecuritiesAbroadMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TierOneCommonEquityTierOneAndAdditionalTierOneCapital_4616d449-6dab-4238-898e-dc8ed93feb9b_terseLabel_en-US" xlink:label="lab_itub_TierOneCommonEquityTierOneAndAdditionalTierOneCapital" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Tier 1</link:label>
    <link:label id="lab_itub_TierOneCommonEquityTierOneAndAdditionalTierOneCapital_label_en-US" xlink:label="lab_itub_TierOneCommonEquityTierOneAndAdditionalTierOneCapital" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tier 1</link:label>
    <link:label id="lab_itub_TierOneCommonEquityTierOneAndAdditionalTierOneCapital_documentation_en-US" xlink:label="lab_itub_TierOneCommonEquityTierOneAndAdditionalTierOneCapital" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tier 1</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TierOneCommonEquityTierOneAndAdditionalTierOneCapital" xlink:href="itub-20251231.xsd#itub_TierOneCommonEquityTierOneAndAdditionalTierOneCapital"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TierOneCommonEquityTierOneAndAdditionalTierOneCapital" xlink:to="lab_itub_TierOneCommonEquityTierOneAndAdditionalTierOneCapital" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PremiumOnSubscriptionOfSharesMember_9bbbe78e-36fb-40e2-b80d-a387c1c0e612_terseLabel_en-US" xlink:label="lab_itub_PremiumOnSubscriptionOfSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Premium on subscription of shares</link:label>
    <link:label id="lab_itub_PremiumOnSubscriptionOfSharesMember_label_en-US" xlink:label="lab_itub_PremiumOnSubscriptionOfSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Premium On Subscription Of Shares [Member]</link:label>
    <link:label id="lab_itub_PremiumOnSubscriptionOfSharesMember_documentation_en-US" xlink:label="lab_itub_PremiumOnSubscriptionOfSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Premium On Subscription Of Shares [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PremiumOnSubscriptionOfSharesMember" xlink:href="itub-20251231.xsd#itub_PremiumOnSubscriptionOfSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PremiumOnSubscriptionOfSharesMember" xlink:to="lab_itub_PremiumOnSubscriptionOfSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfBreakdownOfIndicatorsOfCreditQualityTableTextBlock_0da64b59-c881-4cc5-b951-c92347bcbf74_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfBreakdownOfIndicatorsOfCreditQualityTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Breakdown of Indicators of Credit Quality</link:label>
    <link:label id="lab_itub_ScheduleOfBreakdownOfIndicatorsOfCreditQualityTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfBreakdownOfIndicatorsOfCreditQualityTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Breakdown Of Indicators Of Credit Quality [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfBreakdownOfIndicatorsOfCreditQualityTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfBreakdownOfIndicatorsOfCreditQualityTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Breakdown Of Indicators Of Credit Quality</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfBreakdownOfIndicatorsOfCreditQualityTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfBreakdownOfIndicatorsOfCreditQualityTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfBreakdownOfIndicatorsOfCreditQualityTableTextBlock" xlink:to="lab_itub_ScheduleOfBreakdownOfIndicatorsOfCreditQualityTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_019d6930-a0ed-7d8f-bcf4-5c25bc5af3d8_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">(Purchase) / Redemptions of financial assets at amortized cost</link:label>
    <link:label id="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_label_en-US" xlink:label="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchase of property, plant and equipment, classified as investing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:to="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_GovernmentAndCorporateDebtSecuritiesMember_019d6513-e08b-750d-b5d5-0e86cb69acc4_terseLabel_en-US" xlink:label="lab_itub_GovernmentAndCorporateDebtSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_itub_GovernmentAndCorporateDebtSecuritiesMember_label_en-US" xlink:label="lab_itub_GovernmentAndCorporateDebtSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Government and Corporate Debt Securities [Member]</link:label>
    <link:label id="lab_itub_GovernmentAndCorporateDebtSecuritiesMember_documentation_en-US" xlink:label="lab_itub_GovernmentAndCorporateDebtSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Government and Corporate Debt Securities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_GovernmentAndCorporateDebtSecuritiesMember" xlink:href="itub-20251231.xsd#itub_GovernmentAndCorporateDebtSecuritiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_GovernmentAndCorporateDebtSecuritiesMember" xlink:to="lab_itub_GovernmentAndCorporateDebtSecuritiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestAndSimilarIncomeAndExpensesAndIncomeOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossAbstract_2345299d-e297-4694-8f6d-d20b3d0beeab_terseLabel_en-US" xlink:label="lab_itub_InterestAndSimilarIncomeAndExpensesAndIncomeOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest And Similar Income And Expenses And Income Of Financial Assets And Liabilities At Fair Value Through Profit Or Loss</link:label>
    <link:label id="lab_itub_InterestAndSimilarIncomeAndExpensesAndIncomeOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossAbstract_label_en-US" xlink:label="lab_itub_InterestAndSimilarIncomeAndExpensesAndIncomeOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest And Similar Income And Expenses And Income Of Financial Assets And Liabilities At Fair Value Through Profit Or Loss [Abstract]</link:label>
    <link:label id="lab_itub_InterestAndSimilarIncomeAndExpensesAndIncomeOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossAbstract_documentation_en-US" xlink:label="lab_itub_InterestAndSimilarIncomeAndExpensesAndIncomeOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest And Similar Income And Expenses And Income Of Financial Assets And Liabilities At Fair Value Through Profit Or Loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestAndSimilarIncomeAndExpensesAndIncomeOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossAbstract" xlink:href="itub-20251231.xsd#itub_InterestAndSimilarIncomeAndExpensesAndIncomeOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestAndSimilarIncomeAndExpensesAndIncomeOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossAbstract" xlink:to="lab_itub_InterestAndSimilarIncomeAndExpensesAndIncomeOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfPrimarySourceOfFundingTableTextBlock_8a70cfdd-2baf-46ba-9c38-15e1658710b5_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfPrimarySourceOfFundingTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Primary Source of Funding</link:label>
    <link:label id="lab_itub_ScheduleOfPrimarySourceOfFundingTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfPrimarySourceOfFundingTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Primary Source Of Funding [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfPrimarySourceOfFundingTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfPrimarySourceOfFundingTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Primary Source Of Funding</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfPrimarySourceOfFundingTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfPrimarySourceOfFundingTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfPrimarySourceOfFundingTableTextBlock" xlink:to="lab_itub_ScheduleOfPrimarySourceOfFundingTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LoanAndLeaseOperationsAbstract_d2c8aa97-82ce-439b-948d-bda9d92d9b43_terseLabel_en-US" xlink:label="lab_itub_LoanAndLeaseOperationsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loan And Lease Operations</link:label>
    <link:label id="lab_itub_LoanAndLeaseOperationsAbstract_label_en-US" xlink:label="lab_itub_LoanAndLeaseOperationsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loan and Lease Operations [Abstract]</link:label>
    <link:label id="lab_itub_LoanAndLeaseOperationsAbstract_documentation_en-US" xlink:label="lab_itub_LoanAndLeaseOperationsAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loan and Lease Operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LoanAndLeaseOperationsAbstract" xlink:href="itub-20251231.xsd#itub_LoanAndLeaseOperationsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LoanAndLeaseOperationsAbstract" xlink:to="lab_itub_LoanAndLeaseOperationsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RestrictedInvestmentWithCoObligationMember_019d6686-afe2-78ed-9454-34ab4aa295cb_terseLabel_en-US" xlink:label="lab_itub_RestrictedInvestmentWithCoObligationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted Investment With Co-Obligation</link:label>
    <link:label id="lab_itub_RestrictedInvestmentWithCoObligationMember_label_en-US" xlink:label="lab_itub_RestrictedInvestmentWithCoObligationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restricted Investment With Co-Obligation [Member]</link:label>
    <link:label id="lab_itub_RestrictedInvestmentWithCoObligationMember_documentation_en-US" xlink:label="lab_itub_RestrictedInvestmentWithCoObligationMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Restricted Investment With Co-Obligation</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RestrictedInvestmentWithCoObligationMember" xlink:href="itub-20251231.xsd#itub_RestrictedInvestmentWithCoObligationMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RestrictedInvestmentWithCoObligationMember" xlink:to="lab_itub_RestrictedInvestmentWithCoObligationMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityFileNumber_6f14094a-e68d-4d93-8953-ed1aca0bdf5d_terseLabel_en-US" xlink:label="lab_dei_EntityFileNumber" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity File Number</link:label>
    <link:label id="lab_dei_EntityFileNumber_label_en-US" xlink:label="lab_dei_EntityFileNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity File Number</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityFileNumber" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityFileNumber"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityFileNumber" xlink:to="lab_dei_EntityFileNumber" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_EffectOfFairValueHedgeAdjustments_65f24a92-ae9c-4409-9d59-dc4fc7543509_terseLabel_en-US" xlink:label="lab_itub_EffectOfFairValueHedgeAdjustments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effect of fair value hedge adjustments</link:label>
    <link:label id="lab_itub_EffectOfFairValueHedgeAdjustments_label_en-US" xlink:label="lab_itub_EffectOfFairValueHedgeAdjustments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effect of fair value hedge adjustments</link:label>
    <link:label id="lab_itub_EffectOfFairValueHedgeAdjustments_documentation_en-US" xlink:label="lab_itub_EffectOfFairValueHedgeAdjustments" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Effect of fair value hedge adjustments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_EffectOfFairValueHedgeAdjustments" xlink:href="itub-20251231.xsd#itub_EffectOfFairValueHedgeAdjustments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_EffectOfFairValueHedgeAdjustments" xlink:to="lab_itub_EffectOfFairValueHedgeAdjustments" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory_7af140b9-c686-4668-ae15-a94c4f83cf23_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Goodwill and Intangible assets</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about intangible assets [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_EntitySectorIndustryClassificationsSectorDomain_9de21f7f-9a4f-4fe5-8347-baca1a2a306c_terseLabel_en-US" xlink:label="lab_itub_EntitySectorIndustryClassificationsSectorDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Sector Industry Classifications Sector [Domain]</link:label>
    <link:label id="lab_itub_EntitySectorIndustryClassificationsSectorDomain_label_en-US" xlink:label="lab_itub_EntitySectorIndustryClassificationsSectorDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Sector Industry Classifications Sector [Domain]</link:label>
    <link:label id="lab_itub_EntitySectorIndustryClassificationsSectorDomain_documentation_en-US" xlink:label="lab_itub_EntitySectorIndustryClassificationsSectorDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Entity Sector Industry Classifications Sector</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_EntitySectorIndustryClassificationsSectorDomain" xlink:href="itub-20251231.xsd#itub_EntitySectorIndustryClassificationsSectorDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_EntitySectorIndustryClassificationsSectorDomain" xlink:to="lab_itub_EntitySectorIndustryClassificationsSectorDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ChangesInOtherProvisions_29b25246-faf7-4892-aa5b-4fca5b635414_verboseLabel_en-US" xlink:label="lab_ifrs-full_ChangesInOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Subtotal</link:label>
    <link:label id="lab_ifrs-full_ChangesInOtherProvisions_label_en-US" xlink:label="lab_ifrs-full_ChangesInOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) in other provisions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ChangesInOtherProvisions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ChangesInOtherProvisions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ChangesInOtherProvisions" xlink:to="lab_ifrs-full_ChangesInOtherProvisions" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LevelsOfFairValueHierarchyDomain_bbdbed94-c286-4e5d-9dd9-9b1a1284ee61_terseLabel_en-US" xlink:label="lab_ifrs-full_LevelsOfFairValueHierarchyDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Levels of fair value hierarchy [domain]</link:label>
    <link:label id="lab_ifrs-full_LevelsOfFairValueHierarchyDomain_label_en-US" xlink:label="lab_ifrs-full_LevelsOfFairValueHierarchyDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Levels of fair value hierarchy [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LevelsOfFairValueHierarchyDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LevelsOfFairValueHierarchyDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LevelsOfFairValueHierarchyDomain" xlink:to="lab_ifrs-full_LevelsOfFairValueHierarchyDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NetDefinedBenefitLiabilityAssetAxis_58a2a529-33ce-4de5-b5b8-854c2e9acdd0_terseLabel_en-US" xlink:label="lab_ifrs-full_NetDefinedBenefitLiabilityAssetAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net defined benefit liability (asset) [axis]</link:label>
    <link:label id="lab_ifrs-full_NetDefinedBenefitLiabilityAssetAxis_label_en-US" xlink:label="lab_ifrs-full_NetDefinedBenefitLiabilityAssetAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net defined benefit liability (asset) [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NetDefinedBenefitLiabilityAssetAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NetDefinedBenefitLiabilityAssetAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NetDefinedBenefitLiabilityAssetAxis" xlink:to="lab_ifrs-full_NetDefinedBenefitLiabilityAssetAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AdjustmentsForIncreaseDecreaseInFundsFromInterbankMarkets_b8413d69-9c17-4585-ab02-70f97ab7400d_terseLabel_en-US" xlink:label="lab_itub_AdjustmentsForIncreaseDecreaseInFundsFromInterbankMarkets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Funds from interbank markets</link:label>
    <link:label id="lab_itub_AdjustmentsForIncreaseDecreaseInFundsFromInterbankMarkets_label_en-US" xlink:label="lab_itub_AdjustmentsForIncreaseDecreaseInFundsFromInterbankMarkets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Funds from interbank markets</link:label>
    <link:label id="lab_itub_AdjustmentsForIncreaseDecreaseInFundsFromInterbankMarkets_documentation_en-US" xlink:label="lab_itub_AdjustmentsForIncreaseDecreaseInFundsFromInterbankMarkets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Funds from interbank markets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AdjustmentsForIncreaseDecreaseInFundsFromInterbankMarkets" xlink:href="itub-20251231.xsd#itub_AdjustmentsForIncreaseDecreaseInFundsFromInterbankMarkets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AdjustmentsForIncreaseDecreaseInFundsFromInterbankMarkets" xlink:to="lab_itub_AdjustmentsForIncreaseDecreaseInFundsFromInterbankMarkets" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_GovernmentSecuritiesMember_3f8cb9e6-cc7d-40a5-ad5e-60188874d5e7_terseLabel_en-US" xlink:label="lab_itub_GovernmentSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Government securities</link:label>
    <link:label id="lab_itub_GovernmentSecuritiesMember_label_en-US" xlink:label="lab_itub_GovernmentSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Government Securities [Member]</link:label>
    <link:label id="lab_itub_GovernmentSecuritiesMember_documentation_en-US" xlink:label="lab_itub_GovernmentSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Government securities abroad.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_GovernmentSecuritiesMember" xlink:href="itub-20251231.xsd#itub_GovernmentSecuritiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_GovernmentSecuritiesMember" xlink:to="lab_itub_GovernmentSecuritiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanSixMonthsAndNotLaterThanOneYearMember_34bf56ec-a593-45cc-b6d1-2117354ecb8a_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanSixMonthsAndNotLaterThanOneYearMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">366-720</link:label>
    <link:label id="lab_ifrs-full_LaterThanSixMonthsAndNotLaterThanOneYearMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanSixMonthsAndNotLaterThanOneYearMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than six months and not later than one year [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanSixMonthsAndNotLaterThanOneYearMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanSixMonthsAndNotLaterThanOneYearMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanSixMonthsAndNotLaterThanOneYearMember" xlink:to="lab_ifrs-full_LaterThanSixMonthsAndNotLaterThanOneYearMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_BancoItaucardSAMember_af223f47-634a-46ca-aec5-aeb99181ff7f_terseLabel_en-US" xlink:label="lab_itub_BancoItaucardSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Banco Itaucard S.A.</link:label>
    <link:label id="lab_itub_BancoItaucardSAMember_label_en-US" xlink:label="lab_itub_BancoItaucardSAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Banco Itaucard S.A [Member]</link:label>
    <link:label id="lab_itub_BancoItaucardSAMember_documentation_en-US" xlink:label="lab_itub_BancoItaucardSAMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Banco Itaucard S.A.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_BancoItaucardSAMember" xlink:href="itub-20251231.xsd#itub_BancoItaucardSAMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_BancoItaucardSAMember" xlink:to="lab_itub_BancoItaucardSAMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ExpectedLossWithOtherFinancialAssets_019dbe70-77fa-7a88-9cc0-0f7744a48a1e_verboseLabel_en-US" xlink:label="lab_itub_ExpectedLossWithOtherFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Expected Credit Loss with Other Financial Asset, net</link:label>
    <link:label id="lab_itub_ExpectedLossWithOtherFinancialAssets_label_en-US" xlink:label="lab_itub_ExpectedLossWithOtherFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expected Loss With Other Financial Assets</link:label>
    <link:label id="lab_itub_ExpectedLossWithOtherFinancialAssets_documentation_en-US" xlink:label="lab_itub_ExpectedLossWithOtherFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Expected Loss With Other Financial Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ExpectedLossWithOtherFinancialAssets" xlink:href="itub-20251231.xsd#itub_ExpectedLossWithOtherFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ExpectedLossWithOtherFinancialAssets" xlink:to="lab_itub_ExpectedLossWithOtherFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LatinAmericaGovernmentSecuritiesMember_019c8ac6-abe9-75a6-bff6-4984c79262d7_terseLabel_en-US" xlink:label="lab_itub_LatinAmericaGovernmentSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Latin America</link:label>
    <link:label id="lab_itub_LatinAmericaGovernmentSecuritiesMember_label_en-US" xlink:label="lab_itub_LatinAmericaGovernmentSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Latin America Government Securities [Member]</link:label>
    <link:label id="lab_itub_LatinAmericaGovernmentSecuritiesMember_documentation_en-US" xlink:label="lab_itub_LatinAmericaGovernmentSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Latin America Government Securities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LatinAmericaGovernmentSecuritiesMember" xlink:href="itub-20251231.xsd#itub_LatinAmericaGovernmentSecuritiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LatinAmericaGovernmentSecuritiesMember" xlink:to="lab_itub_LatinAmericaGovernmentSecuritiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfTreasurySharesExplanatory_aed5c9bb-b766-487b-b453-15c339ef51e6_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfTreasurySharesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Cost of Shares Purchased and Average Cost of Treasury Shares and Market Price</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfTreasurySharesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfTreasurySharesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of treasury shares [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfTreasurySharesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfTreasurySharesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTreasurySharesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfTreasurySharesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_MarketPricePerShare_7538438b-43df-4660-9c8c-6dc6e1940ab2_terseLabel_en-US" xlink:label="lab_itub_MarketPricePerShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Market value on the last day of the base date (in brl per share)</link:label>
    <link:label id="lab_itub_MarketPricePerShare_label_en-US" xlink:label="lab_itub_MarketPricePerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Market Price Per Share</link:label>
    <link:label id="lab_itub_MarketPricePerShare_documentation_en-US" xlink:label="lab_itub_MarketPricePerShare" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Market Price Per Share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_MarketPricePerShare" xlink:href="itub-20251231.xsd#itub_MarketPricePerShare"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_MarketPricePerShare" xlink:to="lab_itub_MarketPricePerShare" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IntangibleAssetsAndGoodwill_fa16707d-10ec-43c8-85f6-7314d4aaa004_terseLabel_en-US" xlink:label="lab_ifrs-full_IntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Goodwill and Intangible assets, net</link:label>
    <link:label id="lab_ifrs-full_IntangibleAssetsAndGoodwill_cb85b801-06ce-4260-bb27-3e7caf8fd3d2_periodStartLabel_en-US" xlink:label="lab_ifrs-full_IntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance</link:label>
    <link:label id="lab_ifrs-full_IntangibleAssetsAndGoodwill_b383bd43-b550-4504-96d4-339e88eed564_periodEndLabel_en-US" xlink:label="lab_ifrs-full_IntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance</link:label>
    <link:label id="lab_ifrs-full_IntangibleAssetsAndGoodwill_ee6ac34b-2db4-45b8-9940-5c27e21b255c_verboseLabel_en-US" xlink:label="lab_ifrs-full_IntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Goodwill and intangible assets</link:label>
    <link:label id="lab_ifrs-full_IntangibleAssetsAndGoodwill_label_en-US" xlink:label="lab_ifrs-full_IntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Intangible assets and goodwill</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IntangibleAssetsAndGoodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IntangibleAssetsAndGoodwill"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IntangibleAssetsAndGoodwill" xlink:to="lab_ifrs-full_IntangibleAssetsAndGoodwill" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatementOfComprehensiveIncomeAbstract_label_en-US" xlink:label="lab_ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of comprehensive income [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfComprehensiveIncomeAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:to="lab_ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CapitalReservesMember_f2f799b3-42c7-40d7-a127-1ae693c82254_terseLabel_en-US" xlink:label="lab_itub_CapitalReservesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital reserves</link:label>
    <link:label id="lab_itub_CapitalReservesMember_label_en-US" xlink:label="lab_itub_CapitalReservesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Reserves [Member]</link:label>
    <link:label id="lab_itub_CapitalReservesMember_documentation_en-US" xlink:label="lab_itub_CapitalReservesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Capital Reserves [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CapitalReservesMember" xlink:href="itub-20251231.xsd#itub_CapitalReservesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CapitalReservesMember" xlink:to="lab_itub_CapitalReservesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FundacaoItauUnibancoPrevidenciaComplementarMember_969cdd18-a7c7-4225-ae8d-3391183fb670_terseLabel_en-US" xlink:label="lab_itub_FundacaoItauUnibancoPrevidenciaComplementarMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Pension plan - FIU</link:label>
    <link:label id="lab_itub_FundacaoItauUnibancoPrevidenciaComplementarMember_label_en-US" xlink:label="lab_itub_FundacaoItauUnibancoPrevidenciaComplementarMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fundacao Itau Unibanco Previdencia Complementar [Member]</link:label>
    <link:label id="lab_itub_FundacaoItauUnibancoPrevidenciaComplementarMember_documentation_en-US" xlink:label="lab_itub_FundacaoItauUnibancoPrevidenciaComplementarMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fundacao Itau Unibanco Previdencia Complementar [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FundacaoItauUnibancoPrevidenciaComplementarMember" xlink:href="itub-20251231.xsd#itub_FundacaoItauUnibancoPrevidenciaComplementarMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FundacaoItauUnibancoPrevidenciaComplementarMember" xlink:to="lab_itub_FundacaoItauUnibancoPrevidenciaComplementarMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfFinancialAssetsIndividuallyEvaluatedClassifiedByRatingTableTextBlock_dd72a7e8-b816-4ad1-8296-540c62deea02_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfFinancialAssetsIndividuallyEvaluatedClassifiedByRatingTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Financial Assets Individually Evaluated Classified by Rating</link:label>
    <link:label id="lab_itub_ScheduleOfFinancialAssetsIndividuallyEvaluatedClassifiedByRatingTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfFinancialAssetsIndividuallyEvaluatedClassifiedByRatingTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Financial Assets Individually Evaluated Classified By Rating [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfFinancialAssetsIndividuallyEvaluatedClassifiedByRatingTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfFinancialAssetsIndividuallyEvaluatedClassifiedByRatingTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Financial Assets Individually Evaluated Classified By Rating</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfFinancialAssetsIndividuallyEvaluatedClassifiedByRatingTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfFinancialAssetsIndividuallyEvaluatedClassifiedByRatingTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfFinancialAssetsIndividuallyEvaluatedClassifiedByRatingTableTextBlock" xlink:to="lab_itub_ScheduleOfFinancialAssetsIndividuallyEvaluatedClassifiedByRatingTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CdiPlusOnePointOnePercentageMember_3fe28ec8-dd57-40d9-9f30-83cbe88a6563_terseLabel_en-US" xlink:label="lab_itub_CdiPlusOnePointOnePercentageMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CDI + 1.1%</link:label>
    <link:label id="lab_itub_CdiPlusOnePointOnePercentageMember_label_en-US" xlink:label="lab_itub_CdiPlusOnePointOnePercentageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cdi Plus One Point One Percentage [Member]</link:label>
    <link:label id="lab_itub_CdiPlusOnePointOnePercentageMember_documentation_en-US" xlink:label="lab_itub_CdiPlusOnePointOnePercentageMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cdi Plus One Point One Percentage [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CdiPlusOnePointOnePercentageMember" xlink:href="itub-20251231.xsd#itub_CdiPlusOnePointOnePercentageMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CdiPlusOnePointOnePercentageMember" xlink:to="lab_itub_CdiPlusOnePointOnePercentageMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherTaxLiabilities_3c2058cc-6c86-49a3-a162-096c3a4fc69d_verboseLabel_en-US" xlink:label="lab_itub_OtherTaxLiabilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_itub_OtherTaxLiabilities_label_en-US" xlink:label="lab_itub_OtherTaxLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Tax Liabilities</link:label>
    <link:label id="lab_itub_OtherTaxLiabilities_documentation_en-US" xlink:label="lab_itub_OtherTaxLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Tax Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherTaxLiabilities" xlink:href="itub-20251231.xsd#itub_OtherTaxLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherTaxLiabilities" xlink:to="lab_itub_OtherTaxLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ProvisionForSundryPaymentsMember_f3e208fc-ccbd-4b40-9521-b9e4854423de_terseLabel_en-US" xlink:label="lab_itub_ProvisionForSundryPaymentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Provision for sundry payments</link:label>
    <link:label id="lab_itub_ProvisionForSundryPaymentsMember_label_en-US" xlink:label="lab_itub_ProvisionForSundryPaymentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Provision For Sundry Payments [Member]</link:label>
    <link:label id="lab_itub_ProvisionForSundryPaymentsMember_documentation_en-US" xlink:label="lab_itub_ProvisionForSundryPaymentsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Provision For Sundry Payments [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ProvisionForSundryPaymentsMember" xlink:href="itub-20251231.xsd#itub_ProvisionForSundryPaymentsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ProvisionForSundryPaymentsMember" xlink:to="lab_itub_ProvisionForSundryPaymentsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DerivativesAmountContributedToFairValueOfPlanAssets_00422289-c3d4-433c-8b59-4aa68b602bca_terseLabel_en-US" xlink:label="lab_ifrs-full_DerivativesAmountContributedToFairValueOfPlanAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivatives, amount contributed to fair value of plan assets</link:label>
    <link:label id="lab_ifrs-full_DerivativesAmountContributedToFairValueOfPlanAssets_label_en-US" xlink:label="lab_ifrs-full_DerivativesAmountContributedToFairValueOfPlanAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivatives, amount contributed to fair value of plan assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DerivativesAmountContributedToFairValueOfPlanAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DerivativesAmountContributedToFairValueOfPlanAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DerivativesAmountContributedToFairValueOfPlanAssets" xlink:to="lab_ifrs-full_DerivativesAmountContributedToFairValueOfPlanAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfInterestIncomeExplanatory_906c16ae-e511-422b-b83d-86a216a07417_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfInterestIncomeExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Interest and Similar Income</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfInterestIncomeExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfInterestIncomeExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of interest income [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfInterestIncomeExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfInterestIncomeExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInterestIncomeExplanatory" xlink:to="lab_ifrs-full_DisclosureOfInterestIncomeExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IntangibleAssetsUnderDevelopmentMember_50892f04-f35d-43f3-9a96-17836f359ba0_terseLabel_en-US" xlink:label="lab_ifrs-full_IntangibleAssetsUnderDevelopmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Internally developed software</link:label>
    <link:label id="lab_ifrs-full_IntangibleAssetsUnderDevelopmentMember_label_en-US" xlink:label="lab_ifrs-full_IntangibleAssetsUnderDevelopmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Intangible assets under development [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IntangibleAssetsUnderDevelopmentMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IntangibleAssetsUnderDevelopmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IntangibleAssetsUnderDevelopmentMember" xlink:to="lab_ifrs-full_IntangibleAssetsUnderDevelopmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill_269b4829-578f-408d-8cb3-f4f8cf0e0292_terseLabel_en-US" xlink:label="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquisitions</link:label>
    <link:label id="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill_label_en-US" xlink:label="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Acquisitions through business combinations, intangible assets and goodwill</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill" xlink:to="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatutoryReserve_026bec4a-3e6b-45f2-930c-0b3168152f8c_terseLabel_en-US" xlink:label="lab_ifrs-full_StatutoryReserve" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statutory net income</link:label>
    <link:label id="lab_ifrs-full_StatutoryReserve_label_en-US" xlink:label="lab_ifrs-full_StatutoryReserve" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statutory reserve</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatutoryReserve" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatutoryReserve"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatutoryReserve" xlink:to="lab_ifrs-full_StatutoryReserve" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AdjustedNetIncomeRate_e980ad5f-17a9-47bb-808f-241beff7ca3f_terseLabel_en-US" xlink:label="lab_itub_AdjustedNetIncomeRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjusted net income rate</link:label>
    <link:label id="lab_itub_AdjustedNetIncomeRate_label_en-US" xlink:label="lab_itub_AdjustedNetIncomeRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjusted Net Income Rate</link:label>
    <link:label id="lab_itub_AdjustedNetIncomeRate_documentation_en-US" xlink:label="lab_itub_AdjustedNetIncomeRate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Adjusted Net Income Rate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AdjustedNetIncomeRate" xlink:href="itub-20251231.xsd#itub_AdjustedNetIncomeRate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AdjustedNetIncomeRate" xlink:to="lab_itub_AdjustedNetIncomeRate" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValue_019d6a9f-b94e-701f-a812-9f195bcff737_periodEndLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValue" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">At fair value through profit or loss, ending balance</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValue_label_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets at fair value through profit or loss, mandatorily measured at fair value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValue" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValue" xlink:to="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValue" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestOnCapitalMonthlyInstallmentWHT_019dd23f-1e93-71c9-acdf-696df834ba77_negatedTerseLabel_en-US" xlink:label="lab_itub_InterestOnCapitalMonthlyInstallmentWHT" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Interest on capital - 1 monthly installment, WHT</link:label>
    <link:label id="lab_itub_InterestOnCapitalMonthlyInstallmentWHT_label_en-US" xlink:label="lab_itub_InterestOnCapitalMonthlyInstallmentWHT" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest On Capital - Monthly Installment, WHT</link:label>
    <link:label id="lab_itub_InterestOnCapitalMonthlyInstallmentWHT_documentation_en-US" xlink:label="lab_itub_InterestOnCapitalMonthlyInstallmentWHT" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest On Capital - Monthly Installment, WHT</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestOnCapitalMonthlyInstallmentWHT" xlink:href="itub-20251231.xsd#itub_InterestOnCapitalMonthlyInstallmentWHT"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestOnCapitalMonthlyInstallmentWHT" xlink:to="lab_itub_InterestOnCapitalMonthlyInstallmentWHT" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_NonCurrentAssetsLiabilities_03df3288-5ccd-466b-965f-72da9356ec5d_verboseLabel_en-US" xlink:label="lab_itub_NonCurrentAssetsLiabilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Non-current</link:label>
    <link:label id="lab_itub_NonCurrentAssetsLiabilities_label_en-US" xlink:label="lab_itub_NonCurrentAssetsLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non Current Assets Liabilities</link:label>
    <link:label id="lab_itub_NonCurrentAssetsLiabilities_documentation_en-US" xlink:label="lab_itub_NonCurrentAssetsLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Non Current Assets Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_NonCurrentAssetsLiabilities" xlink:href="itub-20251231.xsd#itub_NonCurrentAssetsLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_NonCurrentAssetsLiabilities" xlink:to="lab_itub_NonCurrentAssetsLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RealEstateCreditBillsMember_c7808179-a413-4640-a100-9cc701333f62_terseLabel_en-US" xlink:label="lab_itub_RealEstateCreditBillsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Real estate credit bills</link:label>
    <link:label id="lab_itub_RealEstateCreditBillsMember_label_en-US" xlink:label="lab_itub_RealEstateCreditBillsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate Credit Bills [Member]</link:label>
    <link:label id="lab_itub_RealEstateCreditBillsMember_documentation_en-US" xlink:label="lab_itub_RealEstateCreditBillsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Real Estate Credit Bills [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RealEstateCreditBillsMember" xlink:href="itub-20251231.xsd#itub_RealEstateCreditBillsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RealEstateCreditBillsMember" xlink:to="lab_itub_RealEstateCreditBillsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfMaturityAnalysisOfUndiscountedCashOutflowsToRepurchaseDerecognisedFinancialAssetsExplanatory_614b1507-1011-47fd-94ea-d7a732629d5a_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfMaturityAnalysisOfUndiscountedCashOutflowsToRepurchaseDerecognisedFinancialAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Maturity Analysis of Estimated Undiscounted Future Cash Flows</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfMaturityAnalysisOfUndiscountedCashOutflowsToRepurchaseDerecognisedFinancialAssetsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfMaturityAnalysisOfUndiscountedCashOutflowsToRepurchaseDerecognisedFinancialAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of maturity analysis of undiscounted cash outflows to repurchase derecognised financial assets or amounts payable to transferee in respect of transferred assets [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfMaturityAnalysisOfUndiscountedCashOutflowsToRepurchaseDerecognisedFinancialAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfMaturityAnalysisOfUndiscountedCashOutflowsToRepurchaseDerecognisedFinancialAssetsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfMaturityAnalysisOfUndiscountedCashOutflowsToRepurchaseDerecognisedFinancialAssetsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfMaturityAnalysisOfUndiscountedCashOutflowsToRepurchaseDerecognisedFinancialAssetsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ReservesFromTaxIncentivesRestatementOfEquitySecuritiesAndOtherMember_84cc82c6-8a53-4c9f-8d9f-9a5e6c1944d3_terseLabel_en-US" xlink:label="lab_itub_ReservesFromTaxIncentivesRestatementOfEquitySecuritiesAndOtherMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reserves from tax incentives, restatement of equity securities and other</link:label>
    <link:label id="lab_itub_ReservesFromTaxIncentivesRestatementOfEquitySecuritiesAndOtherMember_label_en-US" xlink:label="lab_itub_ReservesFromTaxIncentivesRestatementOfEquitySecuritiesAndOtherMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reserves From Tax Incentives Restatement Of Equity Securities And Other [Member]</link:label>
    <link:label id="lab_itub_ReservesFromTaxIncentivesRestatementOfEquitySecuritiesAndOtherMember_documentation_en-US" xlink:label="lab_itub_ReservesFromTaxIncentivesRestatementOfEquitySecuritiesAndOtherMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Reserves From Tax Incentives Restatement Of Equity Securities And Other [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ReservesFromTaxIncentivesRestatementOfEquitySecuritiesAndOtherMember" xlink:href="itub-20251231.xsd#itub_ReservesFromTaxIncentivesRestatementOfEquitySecuritiesAndOtherMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ReservesFromTaxIncentivesRestatementOfEquitySecuritiesAndOtherMember" xlink:to="lab_itub_ReservesFromTaxIncentivesRestatementOfEquitySecuritiesAndOtherMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfAmountsRecognizedInStatementOfNetIncomeLossTableTextBlock_e749a263-a95d-4f7a-ae2a-e68c50d302a7_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfAmountsRecognizedInStatementOfNetIncomeLossTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Amounts Recognized in Statement of Net Income Loss</link:label>
    <link:label id="lab_itub_ScheduleOfAmountsRecognizedInStatementOfNetIncomeLossTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfAmountsRecognizedInStatementOfNetIncomeLossTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Amounts Recognized In Statement Of Net Income Loss [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfAmountsRecognizedInStatementOfNetIncomeLossTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfAmountsRecognizedInStatementOfNetIncomeLossTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Amounts Recognized In Statement Of Net Income Loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfAmountsRecognizedInStatementOfNetIncomeLossTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfAmountsRecognizedInStatementOfNetIncomeLossTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfAmountsRecognizedInStatementOfNetIncomeLossTableTextBlock" xlink:to="lab_itub_ScheduleOfAmountsRecognizedInStatementOfNetIncomeLossTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PurchaseOfDerivativeAssets_287a8999-2077-49fe-9f0b-9e592a5542f8_verboseLabel_en-US" xlink:label="lab_itub_PurchaseOfDerivativeAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Derivatives assets, Purchases</link:label>
    <link:label id="lab_itub_PurchaseOfDerivativeAssets_label_en-US" xlink:label="lab_itub_PurchaseOfDerivativeAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchase Of Derivative Assets</link:label>
    <link:label id="lab_itub_PurchaseOfDerivativeAssets_documentation_en-US" xlink:label="lab_itub_PurchaseOfDerivativeAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Purchase Of Derivative Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PurchaseOfDerivativeAssets" xlink:href="itub-20251231.xsd#itub_PurchaseOfDerivativeAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PurchaseOfDerivativeAssets" xlink:to="lab_itub_PurchaseOfDerivativeAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CommissionsAndBankingFees_28152a46-ed8f-45ec-b16e-d54456999507_terseLabel_en-US" xlink:label="lab_itub_CommissionsAndBankingFees" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commissions and Banking Fees</link:label>
    <link:label id="lab_itub_CommissionsAndBankingFees_019d643b-a351-7a66-8152-26500e1d7b5d_totalLabel_en-US" xlink:label="lab_itub_CommissionsAndBankingFees" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_itub_CommissionsAndBankingFees_label_en-US" xlink:label="lab_itub_CommissionsAndBankingFees" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commissions And Banking Fees</link:label>
    <link:label id="lab_itub_CommissionsAndBankingFees_documentation_en-US" xlink:label="lab_itub_CommissionsAndBankingFees" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Commissions And Banking Fees</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CommissionsAndBankingFees" xlink:href="itub-20251231.xsd#itub_CommissionsAndBankingFees"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CommissionsAndBankingFees" xlink:to="lab_itub_CommissionsAndBankingFees" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingExplanatory_8ae8412b-e76f-4234-b102-4effae926bdd_verboseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingExplanatory" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Breakdown by Maturity of Hedging Strategies</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of risk management strategy related to hedge accounting [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingExplanatory" xlink:to="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis_67fcf185-c5ce-4193-a9ca-d1f61c589a7b_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of intangible assets other than goodwill [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of intangible assets other than goodwill [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:to="lab_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CollateralHeldUnderAgreementToResell_cced5646-8c0d-4426-b4d1-7898e577c042_terseLabel_en-US" xlink:label="lab_itub_CollateralHeldUnderAgreementToResell" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Collateral held</link:label>
    <link:label id="lab_itub_CollateralHeldUnderAgreementToResell_label_en-US" xlink:label="lab_itub_CollateralHeldUnderAgreementToResell" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Collateral held</link:label>
    <link:label id="lab_itub_CollateralHeldUnderAgreementToResell_documentation_en-US" xlink:label="lab_itub_CollateralHeldUnderAgreementToResell" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Collateral held</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CollateralHeldUnderAgreementToResell" xlink:href="itub-20251231.xsd#itub_CollateralHeldUnderAgreementToResell"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CollateralHeldUnderAgreementToResell" xlink:to="lab_itub_CollateralHeldUnderAgreementToResell" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_KineaPrivateEquityInvestimentosSAMember_fe7ebf3c-2e94-4c43-a752-f8d6b45ad335_terseLabel_en-US" xlink:label="lab_itub_KineaPrivateEquityInvestimentosSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Kinea Private Equity Investimentos S.A.</link:label>
    <link:label id="lab_itub_KineaPrivateEquityInvestimentosSAMember_label_en-US" xlink:label="lab_itub_KineaPrivateEquityInvestimentosSAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Kinea Private Equity Investimentos S A [Member]</link:label>
    <link:label id="lab_itub_KineaPrivateEquityInvestimentosSAMember_documentation_en-US" xlink:label="lab_itub_KineaPrivateEquityInvestimentosSAMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Kinea Private Equity Investimentos S A [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_KineaPrivateEquityInvestimentosSAMember" xlink:href="itub-20251231.xsd#itub_KineaPrivateEquityInvestimentosSAMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_KineaPrivateEquityInvestimentosSAMember" xlink:to="lab_itub_KineaPrivateEquityInvestimentosSAMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherNondeductibleExpensesNetOfNonTaxableIncome_3fcf6c5f-bab4-41e5-be14-d6e5b1da41af_terseLabel_en-US" xlink:label="lab_itub_OtherNondeductibleExpensesNetOfNonTaxableIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other nondeductible expenses net of non taxable income</link:label>
    <link:label id="lab_itub_OtherNondeductibleExpensesNetOfNonTaxableIncome_label_en-US" xlink:label="lab_itub_OtherNondeductibleExpensesNetOfNonTaxableIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Nondeductible Expenses Net Of Non Taxable Income</link:label>
    <link:label id="lab_itub_OtherNondeductibleExpensesNetOfNonTaxableIncome_documentation_en-US" xlink:label="lab_itub_OtherNondeductibleExpensesNetOfNonTaxableIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Nondeductible Expenses Net Of Non Taxable Income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherNondeductibleExpensesNetOfNonTaxableIncome" xlink:href="itub-20251231.xsd#itub_OtherNondeductibleExpensesNetOfNonTaxableIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherNondeductibleExpensesNetOfNonTaxableIncome" xlink:to="lab_itub_OtherNondeductibleExpensesNetOfNonTaxableIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ConsolidatedAndSeparateFinancialStatementAxis_acc63fdb-c8c0-464d-ae72-cc455db8c2c4_terseLabel_en-US" xlink:label="lab_itub_ConsolidatedAndSeparateFinancialStatementAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Consolidated And Separate Financial Statement [Axis]</link:label>
    <link:label id="lab_itub_ConsolidatedAndSeparateFinancialStatementAxis_label_en-US" xlink:label="lab_itub_ConsolidatedAndSeparateFinancialStatementAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidated And Separate Financial Statement [Axis]</link:label>
    <link:label id="lab_itub_ConsolidatedAndSeparateFinancialStatementAxis_documentation_en-US" xlink:label="lab_itub_ConsolidatedAndSeparateFinancialStatementAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Consolidated And Separate Financial Statement [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ConsolidatedAndSeparateFinancialStatementAxis" xlink:href="itub-20251231.xsd#itub_ConsolidatedAndSeparateFinancialStatementAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ConsolidatedAndSeparateFinancialStatementAxis" xlink:to="lab_itub_ConsolidatedAndSeparateFinancialStatementAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DeferredTaxAssetsTaxLossSocialContributionLossCarryforwardsPercentage_743095ae-ad7a-438e-900f-0e5d49682d5c_terseLabel_en-US" xlink:label="lab_itub_DeferredTaxAssetsTaxLossSocialContributionLossCarryforwardsPercentage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Tax loss / social contribution loss carryforwards, percentage</link:label>
    <link:label id="lab_itub_DeferredTaxAssetsTaxLossSocialContributionLossCarryforwardsPercentage_label_en-US" xlink:label="lab_itub_DeferredTaxAssetsTaxLossSocialContributionLossCarryforwardsPercentage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets Tax Loss / Social Contribution Loss Carryforwards, Percentage</link:label>
    <link:label id="lab_itub_DeferredTaxAssetsTaxLossSocialContributionLossCarryforwardsPercentage_documentation_en-US" xlink:label="lab_itub_DeferredTaxAssetsTaxLossSocialContributionLossCarryforwardsPercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets Tax Loss / Social Contribution Loss Carryforwards, Percentage</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DeferredTaxAssetsTaxLossSocialContributionLossCarryforwardsPercentage" xlink:href="itub-20251231.xsd#itub_DeferredTaxAssetsTaxLossSocialContributionLossCarryforwardsPercentage"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DeferredTaxAssetsTaxLossSocialContributionLossCarryforwardsPercentage" xlink:to="lab_itub_DeferredTaxAssetsTaxLossSocialContributionLossCarryforwardsPercentage" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AverageMember_e158e189-e881-495c-9411-b492d63a5faf_terseLabel_en-US" xlink:label="lab_itub_AverageMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Average</link:label>
    <link:label id="lab_itub_AverageMember_label_en-US" xlink:label="lab_itub_AverageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Average [Member]</link:label>
    <link:label id="lab_itub_AverageMember_documentation_en-US" xlink:label="lab_itub_AverageMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Average [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AverageMember" xlink:href="itub-20251231.xsd#itub_AverageMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AverageMember" xlink:to="lab_itub_AverageMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset_ec2353e6-2ffc-4264-8939-968afa0ab4a0_terseLabel_en-US" xlink:label="lab_ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">6 - Remeasurements</link:label>
    <link:label id="lab_ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset_label_en-US" xlink:label="lab_ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Decrease (increase) in net defined benefit liability (asset) resulting from gain (loss) on remeasurement in other comprehensive income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset" xlink:to="lab_ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ComprehensiveIncome_f560b791-7473-4715-aeb1-a6133ea09303_totalLabel_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total comprehensive income</link:label>
    <link:label id="lab_ifrs-full_ComprehensiveIncome_fef79267-00e6-4654-bc2e-966dbc2c5ee0_terseLabel_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total Income</link:label>
    <link:label id="lab_ifrs-full_ComprehensiveIncome_label_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComprehensiveIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComprehensiveIncome" xlink:to="lab_ifrs-full_ComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_HedgeOfFundingMember_bc56b18c-2876-4315-94f8-c5ab9ec65a05_terseLabel_en-US" xlink:label="lab_itub_HedgeOfFundingMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hedge of funding</link:label>
    <link:label id="lab_itub_HedgeOfFundingMember_label_en-US" xlink:label="lab_itub_HedgeOfFundingMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedge Of Funding [Member]</link:label>
    <link:label id="lab_itub_HedgeOfFundingMember_documentation_en-US" xlink:label="lab_itub_HedgeOfFundingMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Hedge Of Funding [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_HedgeOfFundingMember" xlink:href="itub-20251231.xsd#itub_HedgeOfFundingMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_HedgeOfFundingMember" xlink:to="lab_itub_HedgeOfFundingMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TotalOfBankCET1SpecificBufferRequirements_17220b95-1472-48c3-a953-65b49aec32cc_terseLabel_en-US" xlink:label="lab_itub_TotalOfBankCET1SpecificBufferRequirements" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total of bank CET1 specific buffer requirements (%)</link:label>
    <link:label id="lab_itub_TotalOfBankCET1SpecificBufferRequirements_label_en-US" xlink:label="lab_itub_TotalOfBankCET1SpecificBufferRequirements" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Of Bank CET1 Specific Buffer Requirements (%)</link:label>
    <link:label id="lab_itub_TotalOfBankCET1SpecificBufferRequirements_documentation_en-US" xlink:label="lab_itub_TotalOfBankCET1SpecificBufferRequirements" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total Of Bank CET1 Specific Buffer Requirements (%)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TotalOfBankCET1SpecificBufferRequirements" xlink:href="itub-20251231.xsd#itub_TotalOfBankCET1SpecificBufferRequirements"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TotalOfBankCET1SpecificBufferRequirements" xlink:to="lab_itub_TotalOfBankCET1SpecificBufferRequirements" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CreditRiskStandardisedApproachCreditRiskMember_62cdb249-c292-466b-aa48-6448688303c4_terseLabel_en-US" xlink:label="lab_itub_CreditRiskStandardisedApproachCreditRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Of which: standardized approach for credit risk</link:label>
    <link:label id="lab_itub_CreditRiskStandardisedApproachCreditRiskMember_label_en-US" xlink:label="lab_itub_CreditRiskStandardisedApproachCreditRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Risk Standardised Approach Credit Risk [Member]</link:label>
    <link:label id="lab_itub_CreditRiskStandardisedApproachCreditRiskMember_documentation_en-US" xlink:label="lab_itub_CreditRiskStandardisedApproachCreditRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Credit Risk Standardised Approach Credit Risk [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CreditRiskStandardisedApproachCreditRiskMember" xlink:href="itub-20251231.xsd#itub_CreditRiskStandardisedApproachCreditRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CreditRiskStandardisedApproachCreditRiskMember" xlink:to="lab_itub_CreditRiskStandardisedApproachCreditRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OperatingIncomeFromInsuranceContractsAndPrivatePensionNetOfReinsurance_8f44dbf6-1061-46e4-86b1-5551b76a354d_terseLabel_en-US" xlink:label="lab_itub_OperatingIncomeFromInsuranceContractsAndPrivatePensionNetOfReinsurance" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income from Insurance Contracts and Private Pension, net of Reinsurance</link:label>
    <link:label id="lab_itub_OperatingIncomeFromInsuranceContractsAndPrivatePensionNetOfReinsurance_label_en-US" xlink:label="lab_itub_OperatingIncomeFromInsuranceContractsAndPrivatePensionNetOfReinsurance" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income from Insurance Contracts and Private Pension, net of Reinsurance</link:label>
    <link:label id="lab_itub_OperatingIncomeFromInsuranceContractsAndPrivatePensionNetOfReinsurance_documentation_en-US" xlink:label="lab_itub_OperatingIncomeFromInsuranceContractsAndPrivatePensionNetOfReinsurance" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Income from Insurance Contracts and Private Pension, net of Reinsurance</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OperatingIncomeFromInsuranceContractsAndPrivatePensionNetOfReinsurance" xlink:href="itub-20251231.xsd#itub_OperatingIncomeFromInsuranceContractsAndPrivatePensionNetOfReinsurance"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OperatingIncomeFromInsuranceContractsAndPrivatePensionNetOfReinsurance" xlink:to="lab_itub_OperatingIncomeFromInsuranceContractsAndPrivatePensionNetOfReinsurance" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory_e77d9056-9661-4d30-9d0c-4f0fda046652_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Change in Net Amount Recognized in Balance Sheet</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of net defined benefit liability (asset) [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory" xlink:to="lab_ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CreditImpairedMember_26ca56e2-bab9-4062-bba4-f46ac50b0b4f_terseLabel_en-US" xlink:label="lab_itub_CreditImpairedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit-impaired</link:label>
    <link:label id="lab_itub_CreditImpairedMember_label_en-US" xlink:label="lab_itub_CreditImpairedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Impaired [Member]</link:label>
    <link:label id="lab_itub_CreditImpairedMember_documentation_en-US" xlink:label="lab_itub_CreditImpairedMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Credit Impaired [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CreditImpairedMember" xlink:href="itub-20251231.xsd#itub_CreditImpairedMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CreditImpairedMember" xlink:to="lab_itub_CreditImpairedMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_NetIncomeRemainingAfterTheDistributionOfDividendsAndAppropriationsToStatutoryReserves_8de69863-67d9-40df-bf10-f27c766696c0_terseLabel_en-US" xlink:label="lab_itub_NetIncomeRemainingAfterTheDistributionOfDividendsAndAppropriationsToStatutoryReserves" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net income remaining after the distribution of dividends and appropriations to statutory reserves</link:label>
    <link:label id="lab_itub_NetIncomeRemainingAfterTheDistributionOfDividendsAndAppropriationsToStatutoryReserves_label_en-US" xlink:label="lab_itub_NetIncomeRemainingAfterTheDistributionOfDividendsAndAppropriationsToStatutoryReserves" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Income Remaining After The Distribution Of Dividends And Appropriations To Statutory Reserves</link:label>
    <link:label id="lab_itub_NetIncomeRemainingAfterTheDistributionOfDividendsAndAppropriationsToStatutoryReserves_documentation_en-US" xlink:label="lab_itub_NetIncomeRemainingAfterTheDistributionOfDividendsAndAppropriationsToStatutoryReserves" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net Income Remaining After The Distribution Of Dividends And Appropriations To Statutory Reserves</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_NetIncomeRemainingAfterTheDistributionOfDividendsAndAppropriationsToStatutoryReserves" xlink:href="itub-20251231.xsd#itub_NetIncomeRemainingAfterTheDistributionOfDividendsAndAppropriationsToStatutoryReserves"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_NetIncomeRemainingAfterTheDistributionOfDividendsAndAppropriationsToStatutoryReserves" xlink:to="lab_itub_NetIncomeRemainingAfterTheDistributionOfDividendsAndAppropriationsToStatutoryReserves" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition_019dbc58-4642-7ec5-bb9a-09d8d3570b06_totalLabel_en-US" xlink:label="lab_ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net amount of financial assets presented in the statement of financial position</link:label>
    <link:label id="lab_ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition_label_en-US" xlink:label="lab_ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net financial liabilities subject to offsetting, enforceable master netting arrangements or similar agreements in statement of financial position</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xlink:to="lab_ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DividendCalculationBasis_94920b38-4d43-4c61-aa85-68cef45de3ac_terseLabel_en-US" xlink:label="lab_itub_DividendCalculationBasis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividend calculation basis</link:label>
    <link:label id="lab_itub_DividendCalculationBasis_label_en-US" xlink:label="lab_itub_DividendCalculationBasis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividend Calculation Basis</link:label>
    <link:label id="lab_itub_DividendCalculationBasis_documentation_en-US" xlink:label="lab_itub_DividendCalculationBasis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Dividend Calculation Basis</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DividendCalculationBasis" xlink:href="itub-20251231.xsd#itub_DividendCalculationBasis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DividendCalculationBasis" xlink:to="lab_itub_DividendCalculationBasis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByRemainingCoverageAndIncurredClaimsLineItems_7343ed91-d981-46b8-ac02-3cb9255875de_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByRemainingCoverageAndIncurredClaimsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of reconciliation of changes in insurance contracts by remaining coverage and incurred claims [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByRemainingCoverageAndIncurredClaimsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByRemainingCoverageAndIncurredClaimsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of reconciliation of changes in insurance contracts by remaining coverage and incurred claims [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByRemainingCoverageAndIncurredClaimsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByRemainingCoverageAndIncurredClaimsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByRemainingCoverageAndIncurredClaimsLineItems" xlink:to="lab_ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByRemainingCoverageAndIncurredClaimsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DisclosureOfEntityReportableSegmentExplanatoryTextBlock_7ccd1e02-cf97-4852-b498-205cfacd27b6_verboseLabel_en-US" xlink:label="lab_itub_DisclosureOfEntityReportableSegmentExplanatoryTextBlock" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Segment Information</link:label>
    <link:label id="lab_itub_DisclosureOfEntityReportableSegmentExplanatoryTextBlock_label_en-US" xlink:label="lab_itub_DisclosureOfEntityReportableSegmentExplanatoryTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Entity Reportable Segment Explanatory [Text Block]</link:label>
    <link:label id="lab_itub_DisclosureOfEntityReportableSegmentExplanatoryTextBlock_documentation_en-US" xlink:label="lab_itub_DisclosureOfEntityReportableSegmentExplanatoryTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure Of Entity Reportable Segment Explanatory</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DisclosureOfEntityReportableSegmentExplanatoryTextBlock" xlink:href="itub-20251231.xsd#itub_DisclosureOfEntityReportableSegmentExplanatoryTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DisclosureOfEntityReportableSegmentExplanatoryTextBlock" xlink:to="lab_itub_DisclosureOfEntityReportableSegmentExplanatoryTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherSectorsMember_40243bdd-a739-4cc1-9573-ba1b31f629a9_terseLabel_en-US" xlink:label="lab_itub_OtherSectorsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other sectors</link:label>
    <link:label id="lab_itub_OtherSectorsMember_label_en-US" xlink:label="lab_itub_OtherSectorsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Sectors [Member]</link:label>
    <link:label id="lab_itub_OtherSectorsMember_documentation_en-US" xlink:label="lab_itub_OtherSectorsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Sectors [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherSectorsMember" xlink:href="itub-20251231.xsd#itub_OtherSectorsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherSectorsMember" xlink:to="lab_itub_OtherSectorsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_EncryptedDigitalAssetsMember_dc3b5251-30e6-48ae-b019-4628d2498297_terseLabel_en-US" xlink:label="lab_itub_EncryptedDigitalAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other non-financial assets</link:label>
    <link:label id="lab_itub_EncryptedDigitalAssetsMember_label_en-US" xlink:label="lab_itub_EncryptedDigitalAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Encrypted Digital Assets [Member]</link:label>
    <link:label id="lab_itub_EncryptedDigitalAssetsMember_documentation_en-US" xlink:label="lab_itub_EncryptedDigitalAssetsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Encrypted Digital Assets [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_EncryptedDigitalAssetsMember" xlink:href="itub-20251231.xsd#itub_EncryptedDigitalAssetsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_EncryptedDigitalAssetsMember" xlink:to="lab_itub_EncryptedDigitalAssetsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_NonInterestBearingDepositsMember_2c80511c-9c83-4666-adf4-10bd9e6052b8_terseLabel_en-US" xlink:label="lab_itub_NonInterestBearingDepositsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-interest-bearing deposits</link:label>
    <link:label id="lab_itub_NonInterestBearingDepositsMember_label_en-US" xlink:label="lab_itub_NonInterestBearingDepositsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non Interest Bearing Deposits [Member]</link:label>
    <link:label id="lab_itub_NonInterestBearingDepositsMember_documentation_en-US" xlink:label="lab_itub_NonInterestBearingDepositsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Non Interest Bearing Deposits [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_NonInterestBearingDepositsMember" xlink:href="itub-20251231.xsd#itub_NonInterestBearingDepositsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_NonInterestBearingDepositsMember" xlink:to="lab_itub_NonInterestBearingDepositsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherFinancialLiabilities_82872f56-b980-43e5-98a9-a4b7f2cc88eb_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other financial liabilities</link:label>
    <link:label id="lab_ifrs-full_OtherFinancialLiabilities_label_en-US" xlink:label="lab_ifrs-full_OtherFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other financial liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherFinancialLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherFinancialLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherFinancialLiabilities" xlink:to="lab_ifrs-full_OtherFinancialLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory_00587bb4-a4c2-48b0-9687-eec0a07fec74_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income tax and social contribution</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for income tax [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TransfersIntoLevelOfFairValueHierarchyDerivativeLiabilities_11faffcd-d170-4264-b01c-847de1243b69_verboseLabel_en-US" xlink:label="lab_itub_TransfersIntoLevelOfFairValueHierarchyDerivativeLiabilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Derivatives - liabilities, Transfers in the hierarchy</link:label>
    <link:label id="lab_itub_TransfersIntoLevelOfFairValueHierarchyDerivativeLiabilities_label_en-US" xlink:label="lab_itub_TransfersIntoLevelOfFairValueHierarchyDerivativeLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfers Into Level Of Fair Value Hierarchy Derivative Liabilities</link:label>
    <link:label id="lab_itub_TransfersIntoLevelOfFairValueHierarchyDerivativeLiabilities_documentation_en-US" xlink:label="lab_itub_TransfersIntoLevelOfFairValueHierarchyDerivativeLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Transfers Into Level Of Fair Value Hierarchy Derivative Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TransfersIntoLevelOfFairValueHierarchyDerivativeLiabilities" xlink:href="itub-20251231.xsd#itub_TransfersIntoLevelOfFairValueHierarchyDerivativeLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TransfersIntoLevelOfFairValueHierarchyDerivativeLiabilities" xlink:to="lab_itub_TransfersIntoLevelOfFairValueHierarchyDerivativeLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_TradingSymbol_785381e7-dd30-45b8-b097-4efc85112830_terseLabel_en-US" xlink:label="lab_dei_TradingSymbol" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trading Symbol</link:label>
    <link:label id="lab_dei_TradingSymbol_label_en-US" xlink:label="lab_dei_TradingSymbol" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trading Symbol</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_TradingSymbol" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_TradingSymbol"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_TradingSymbol" xlink:to="lab_dei_TradingSymbol" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AppropriationsOfReserveAbstract_6d0f923f-2d96-44a3-bd48-7763445e6ea3_terseLabel_en-US" xlink:label="lab_itub_AppropriationsOfReserveAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Appropriations:</link:label>
    <link:label id="lab_itub_AppropriationsOfReserveAbstract_label_en-US" xlink:label="lab_itub_AppropriationsOfReserveAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Appropriations:</link:label>
    <link:label id="lab_itub_AppropriationsOfReserveAbstract_documentation_en-US" xlink:label="lab_itub_AppropriationsOfReserveAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Appropriations:</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AppropriationsOfReserveAbstract" xlink:href="itub-20251231.xsd#itub_AppropriationsOfReserveAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AppropriationsOfReserveAbstract" xlink:to="lab_itub_AppropriationsOfReserveAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_019da9ca-20d4-7d41-ad0a-88a7e330a04c_totalLabel_en-US" xlink:label="lab_ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net amount</link:label>
    <link:label id="lab_ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_label_en-US" xlink:label="lab_ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net financial liabilities subject to offsetting, enforceable master netting arrangements or similar agreements</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:to="lab_ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ForwardContractMember_8478b7d3-0022-43c7-88e9-c85080ebffba_terseLabel_en-US" xlink:label="lab_ifrs-full_ForwardContractMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Forward</link:label>
    <link:label id="lab_ifrs-full_ForwardContractMember_label_en-US" xlink:label="lab_ifrs-full_ForwardContractMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Forward contract [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ForwardContractMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ForwardContractMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ForwardContractMember" xlink:to="lab_ifrs-full_ForwardContractMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ImpactStockholdersEquity_2a533de7-851b-4450-93cc-d0a37927ff57_terseLabel_en-US" xlink:label="lab_itub_ImpactStockholdersEquity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Impact, Stockholders' equity</link:label>
    <link:label id="lab_itub_ImpactStockholdersEquity_label_en-US" xlink:label="lab_itub_ImpactStockholdersEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Impact, Stockholders' Equity</link:label>
    <link:label id="lab_itub_ImpactStockholdersEquity_documentation_en-US" xlink:label="lab_itub_ImpactStockholdersEquity" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Impact, Stockholders' Equity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ImpactStockholdersEquity" xlink:href="itub-20251231.xsd#itub_ImpactStockholdersEquity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ImpactStockholdersEquity" xlink:to="lab_itub_ImpactStockholdersEquity" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SubordinatedDebtObligationsRedemptions_84c9c23a-dc82-407e-95c5-987180e7caba_negatedLabel_en-US" xlink:label="lab_itub_SubordinatedDebtObligationsRedemptions" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Redemption of subordinated debt obligations</link:label>
    <link:label id="lab_itub_SubordinatedDebtObligationsRedemptions_label_en-US" xlink:label="lab_itub_SubordinatedDebtObligationsRedemptions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">SubordinatedDebtObligationsRedemptions</link:label>
    <link:label id="lab_itub_SubordinatedDebtObligationsRedemptions_documentation_en-US" xlink:label="lab_itub_SubordinatedDebtObligationsRedemptions" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">SubordinatedDebtObligationsRedemptions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SubordinatedDebtObligationsRedemptions" xlink:href="itub-20251231.xsd#itub_SubordinatedDebtObligationsRedemptions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SubordinatedDebtObligationsRedemptions" xlink:to="lab_itub_SubordinatedDebtObligationsRedemptions" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfOtherProvisionsDomain_1459c206-063a-4f97-8126-5b5a52c73775_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfOtherProvisionsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of other provisions [domain]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfOtherProvisionsDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfOtherProvisionsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of other provisions [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfOtherProvisionsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfOtherProvisionsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfOtherProvisionsDomain" xlink:to="lab_ifrs-full_ClassesOfOtherProvisionsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IncomeRelatedToFinancialOperations_7ba72a60-531c-4a4b-a591-1131b3823169_terseLabel_en-US" xlink:label="lab_itub_IncomeRelatedToFinancialOperations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income related to interest and similar</link:label>
    <link:label id="lab_itub_IncomeRelatedToFinancialOperations_label_en-US" xlink:label="lab_itub_IncomeRelatedToFinancialOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Related To Financial Operations</link:label>
    <link:label id="lab_itub_IncomeRelatedToFinancialOperations_documentation_en-US" xlink:label="lab_itub_IncomeRelatedToFinancialOperations" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Income Related To Financial Operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IncomeRelatedToFinancialOperations" xlink:href="itub-20251231.xsd#itub_IncomeRelatedToFinancialOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IncomeRelatedToFinancialOperations" xlink:to="lab_itub_IncomeRelatedToFinancialOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfInformationAboutTermsAndConditionsOfHedgingInstrumentsAndHowTheyAffectFutureCashFlowsLineItems_5f7f6c59-b3d8-4b68-9c3d-6da1fd43018b_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfInformationAboutTermsAndConditionsOfHedgingInstrumentsAndHowTheyAffectFutureCashFlowsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of information about terms and conditions of hedging instruments and how they affect future cash flows [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfInformationAboutTermsAndConditionsOfHedgingInstrumentsAndHowTheyAffectFutureCashFlowsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfInformationAboutTermsAndConditionsOfHedgingInstrumentsAndHowTheyAffectFutureCashFlowsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of information about terms and conditions of hedging instruments and how they affect future cash flows [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfInformationAboutTermsAndConditionsOfHedgingInstrumentsAndHowTheyAffectFutureCashFlowsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfInformationAboutTermsAndConditionsOfHedgingInstrumentsAndHowTheyAffectFutureCashFlowsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInformationAboutTermsAndConditionsOfHedgingInstrumentsAndHowTheyAffectFutureCashFlowsLineItems" xlink:to="lab_ifrs-full_DisclosureOfInformationAboutTermsAndConditionsOfHedgingInstrumentsAndHowTheyAffectFutureCashFlowsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ProportionOfOwnershipInterestAmount_019c9421-8f15-73c6-ba7d-ba77793b5239_terseLabel_en-US" xlink:label="lab_itub_ProportionOfOwnershipInterestAmount" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proportion of ownership interest amount</link:label>
    <link:label id="lab_itub_ProportionOfOwnershipInterestAmount_label_en-US" xlink:label="lab_itub_ProportionOfOwnershipInterestAmount" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proportion Of Ownership Interest Amount</link:label>
    <link:label id="lab_itub_ProportionOfOwnershipInterestAmount_documentation_en-US" xlink:label="lab_itub_ProportionOfOwnershipInterestAmount" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Proportion Of Ownership Interest Amount</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ProportionOfOwnershipInterestAmount" xlink:href="itub-20251231.xsd#itub_ProportionOfOwnershipInterestAmount"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ProportionOfOwnershipInterestAmount" xlink:to="lab_itub_ProportionOfOwnershipInterestAmount" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RestrictedInvestmentTypeAxis_019d6685-c928-7cc0-bd54-cc8360c63c24_terseLabel_en-US" xlink:label="lab_itub_RestrictedInvestmentTypeAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted Investment Type [Axis]</link:label>
    <link:label id="lab_itub_RestrictedInvestmentTypeAxis_label_en-US" xlink:label="lab_itub_RestrictedInvestmentTypeAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restricted Investment Type [Axis]</link:label>
    <link:label id="lab_itub_RestrictedInvestmentTypeAxis_documentation_en-US" xlink:label="lab_itub_RestrictedInvestmentTypeAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Restricted Investment Type</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RestrictedInvestmentTypeAxis" xlink:href="itub-20251231.xsd#itub_RestrictedInvestmentTypeAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RestrictedInvestmentTypeAxis" xlink:to="lab_itub_RestrictedInvestmentTypeAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OperationalRiskMember_19222daa-2910-4152-8835-803e20c0e93e_terseLabel_en-US" xlink:label="lab_itub_OperationalRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operational Risk</link:label>
    <link:label id="lab_itub_OperationalRiskMember_label_en-US" xlink:label="lab_itub_OperationalRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operational Risk [Member]</link:label>
    <link:label id="lab_itub_OperationalRiskMember_documentation_en-US" xlink:label="lab_itub_OperationalRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Operational Risk [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OperationalRiskMember" xlink:href="itub-20251231.xsd#itub_OperationalRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OperationalRiskMember" xlink:to="lab_itub_OperationalRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherDerivativeFinancialInstrumentsMember_5fe6b463-e4b6-432a-b658-916d56d0e65d_terseLabel_en-US" xlink:label="lab_itub_OtherDerivativeFinancialInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_itub_OtherDerivativeFinancialInstrumentsMember_label_en-US" xlink:label="lab_itub_OtherDerivativeFinancialInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Derivative Financial Instruments [Member]</link:label>
    <link:label id="lab_itub_OtherDerivativeFinancialInstrumentsMember_documentation_en-US" xlink:label="lab_itub_OtherDerivativeFinancialInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Derivative Financial Instruments [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherDerivativeFinancialInstrumentsMember" xlink:href="itub-20251231.xsd#itub_OtherDerivativeFinancialInstrumentsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherDerivativeFinancialInstrumentsMember" xlink:to="lab_itub_OtherDerivativeFinancialInstrumentsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets_fd15bf48-937f-46f8-95bd-37c98632c637_negatedLabel_en-US" xlink:label="lab_ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Related amounts not offset in the statement of Financial position, financial instruments</link:label>
    <link:label id="lab_ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets_label_en-US" xlink:label="lab_ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial instruments subject to enforceable master netting arrangement or similar agreement not set off against financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets" xlink:to="lab_ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialIncomeFromInsuranceContractsAndPrivatePension_8fa163a0-9215-4acf-9187-38aab48c3bd2_terseLabel_en-US" xlink:label="lab_itub_FinancialIncomeFromInsuranceContractsAndPrivatePension" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial income from insurance contracts and private pension</link:label>
    <link:label id="lab_itub_FinancialIncomeFromInsuranceContractsAndPrivatePension_label_en-US" xlink:label="lab_itub_FinancialIncomeFromInsuranceContractsAndPrivatePension" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Income From Insurance Contracts And Private Pension</link:label>
    <link:label id="lab_itub_FinancialIncomeFromInsuranceContractsAndPrivatePension_documentation_en-US" xlink:label="lab_itub_FinancialIncomeFromInsuranceContractsAndPrivatePension" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial Income From Insurance Contracts And Private Pension</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialIncomeFromInsuranceContractsAndPrivatePension" xlink:href="itub-20251231.xsd#itub_FinancialIncomeFromInsuranceContractsAndPrivatePension"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialIncomeFromInsuranceContractsAndPrivatePension" xlink:to="lab_itub_FinancialIncomeFromInsuranceContractsAndPrivatePension" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PurchasesFairValueMeasurementFinancialAssetsAtFairValueThroughProfitLoss_019d6a5b-fdf2-71bd-9fb3-c46c6ed59cdf_terseLabel_en-US" xlink:label="lab_itub_PurchasesFairValueMeasurementFinancialAssetsAtFairValueThroughProfitLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Purchases</link:label>
    <link:label id="lab_itub_PurchasesFairValueMeasurementFinancialAssetsAtFairValueThroughProfitLoss_label_en-US" xlink:label="lab_itub_PurchasesFairValueMeasurementFinancialAssetsAtFairValueThroughProfitLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchases, Fair Value Measurement, Financial Assets At Fair Value Through Profit (Loss)</link:label>
    <link:label id="lab_itub_PurchasesFairValueMeasurementFinancialAssetsAtFairValueThroughProfitLoss_documentation_en-US" xlink:label="lab_itub_PurchasesFairValueMeasurementFinancialAssetsAtFairValueThroughProfitLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Purchases, Fair Value Measurement, Financial Assets At Fair Value Through Profit (Loss)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PurchasesFairValueMeasurementFinancialAssetsAtFairValueThroughProfitLoss" xlink:href="itub-20251231.xsd#itub_PurchasesFairValueMeasurementFinancialAssetsAtFairValueThroughProfitLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PurchasesFairValueMeasurementFinancialAssetsAtFairValueThroughProfitLoss" xlink:to="lab_itub_PurchasesFairValueMeasurementFinancialAssetsAtFairValueThroughProfitLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OffBalanceSheetExposureFinancialGuarantees_afc64e0d-5038-4bfb-81da-6aaab7a54d5e_verboseLabel_en-US" xlink:label="lab_itub_OffBalanceSheetExposureFinancialGuarantees" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Financial guarantees</link:label>
    <link:label id="lab_itub_OffBalanceSheetExposureFinancialGuarantees_label_en-US" xlink:label="lab_itub_OffBalanceSheetExposureFinancialGuarantees" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Off Balance Sheet Exposure Financial Guarantees</link:label>
    <link:label id="lab_itub_OffBalanceSheetExposureFinancialGuarantees_documentation_en-US" xlink:label="lab_itub_OffBalanceSheetExposureFinancialGuarantees" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Off Balance Sheet Exposure Financial Guarantees</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OffBalanceSheetExposureFinancialGuarantees" xlink:href="itub-20251231.xsd#itub_OffBalanceSheetExposureFinancialGuarantees"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OffBalanceSheetExposureFinancialGuarantees" xlink:to="lab_itub_OffBalanceSheetExposureFinancialGuarantees" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialInstrumentsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRiskDomain_433797ef-86cd-4371-9404-e4c093aca7a5_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialInstrumentsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRiskDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial instruments measured at fair value through profit or loss because credit derivative is used to manage credit risk [domain]</link:label>
    <link:label id="lab_ifrs-full_FinancialInstrumentsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRiskDomain_label_en-US" xlink:label="lab_ifrs-full_FinancialInstrumentsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRiskDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial instruments measured at fair value through profit or loss because credit derivative is used to manage credit risk [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialInstrumentsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRiskDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialInstrumentsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRiskDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialInstrumentsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRiskDomain" xlink:to="lab_ifrs-full_FinancialInstrumentsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRiskDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatutoryReserveMember_2f2998fd-9e23-47c7-ae38-e35bcc3a88ff_terseLabel_en-US" xlink:label="lab_ifrs-full_StatutoryReserveMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statutory</link:label>
    <link:label id="lab_ifrs-full_StatutoryReserveMember_label_en-US" xlink:label="lab_ifrs-full_StatutoryReserveMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statutory reserve [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatutoryReserveMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatutoryReserveMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatutoryReserveMember" xlink:to="lab_ifrs-full_StatutoryReserveMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SellingGeneralAndAdministrativeExpenses_019d644b-6b08-7d5d-86c5-c1e64cf11861_negatedTotalLabel_en-US" xlink:label="lab_itub_SellingGeneralAndAdministrativeExpenses" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_itub_SellingGeneralAndAdministrativeExpenses_label_en-US" xlink:label="lab_itub_SellingGeneralAndAdministrativeExpenses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Selling General And Administrative Expenses</link:label>
    <link:label id="lab_itub_SellingGeneralAndAdministrativeExpenses_documentation_en-US" xlink:label="lab_itub_SellingGeneralAndAdministrativeExpenses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Selling General And Administrative Expenses</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SellingGeneralAndAdministrativeExpenses" xlink:href="itub-20251231.xsd#itub_SellingGeneralAndAdministrativeExpenses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SellingGeneralAndAdministrativeExpenses" xlink:to="lab_itub_SellingGeneralAndAdministrativeExpenses" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_StageThreeMember_d2a88bba-d9dc-4aa1-8b29-a397c7b07dbe_terseLabel_en-US" xlink:label="lab_itub_StageThreeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stage 3</link:label>
    <link:label id="lab_itub_StageThreeMember_label_en-US" xlink:label="lab_itub_StageThreeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stage Three [Member]</link:label>
    <link:label id="lab_itub_StageThreeMember_documentation_en-US" xlink:label="lab_itub_StageThreeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Stage Three [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_StageThreeMember" xlink:href="itub-20251231.xsd#itub_StageThreeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_StageThreeMember" xlink:to="lab_itub_StageThreeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CentralBankOfBrazilDeposits_025572dd-09a7-4f93-89ba-86df957fc388_terseLabel_en-US" xlink:label="lab_itub_CentralBankOfBrazilDeposits" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Central Bank of Brazil deposits</link:label>
    <link:label id="lab_itub_CentralBankOfBrazilDeposits_label_en-US" xlink:label="lab_itub_CentralBankOfBrazilDeposits" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Central Bank of Brazil deposits</link:label>
    <link:label id="lab_itub_CentralBankOfBrazilDeposits_documentation_en-US" xlink:label="lab_itub_CentralBankOfBrazilDeposits" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Central Bank of Brazil deposits</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CentralBankOfBrazilDeposits" xlink:href="itub-20251231.xsd#itub_CentralBankOfBrazilDeposits"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CentralBankOfBrazilDeposits" xlink:to="lab_itub_CentralBankOfBrazilDeposits" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateLineItems_7d02c751-9d80-4742-8cc8-1b232de82297_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of amounts to be recovered or settled after twelve months for classes of assets and liabilities that contain amounts to be recovered or settled both no more and more than twelve months after reporting date [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of amounts to be recovered or settled after twelve months for classes of assets and liabilities that contain amounts to be recovered or settled both no more and more than twelve months after reporting date [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateLineItems" xlink:to="lab_ifrs-full_DisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember_33c2b2f3-8d69-422c-8b19-bdf1205b9745_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">91-365</link:label>
    <link:label id="lab_ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember_019c90ce-e566-7624-b68a-593f089630e9_verboseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">3 months to 1 year</link:label>
    <link:label id="lab_ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than three months and not later than one year [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember" xlink:to="lab_ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AssetsAbstract_c672aea2-7728-494a-a53d-39499a4a2b84_terseLabel_en-US" xlink:label="lab_ifrs-full_AssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:label id="lab_ifrs-full_AssetsAbstract_label_en-US" xlink:label="lab_ifrs-full_AssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AssetsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AssetsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AssetsAbstract" xlink:to="lab_ifrs-full_AssetsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfLoanAndLeaseOperationsTableTextBlock_9f14983b-eb6b-4a68-b59d-9ab13d888c39_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfLoanAndLeaseOperationsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Loan and Lease Operations</link:label>
    <link:label id="lab_itub_ScheduleOfLoanAndLeaseOperationsTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfLoanAndLeaseOperationsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Loan And Lease Operations [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfLoanAndLeaseOperationsTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfLoanAndLeaseOperationsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Loan And Lease Operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfLoanAndLeaseOperationsTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfLoanAndLeaseOperationsTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfLoanAndLeaseOperationsTableTextBlock" xlink:to="lab_itub_ScheduleOfLoanAndLeaseOperationsTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_GeneralAndAdministrativeExpense2_e6229ff1-16d0-4dfd-b3b8-f811dd4146b8_negatedLabel_en-US" xlink:label="lab_itub_GeneralAndAdministrativeExpense2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">General and administrative expenses</link:label>
    <link:label id="lab_itub_GeneralAndAdministrativeExpense2_label_en-US" xlink:label="lab_itub_GeneralAndAdministrativeExpense2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">General And Administrative Expense 2</link:label>
    <link:label id="lab_itub_GeneralAndAdministrativeExpense2_documentation_en-US" xlink:label="lab_itub_GeneralAndAdministrativeExpense2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">General And Administrative Expense 2</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_GeneralAndAdministrativeExpense2" xlink:href="itub-20251231.xsd#itub_GeneralAndAdministrativeExpense2"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_GeneralAndAdministrativeExpense2" xlink:to="lab_itub_GeneralAndAdministrativeExpense2" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfVarTotalHistoricalSimulationTableTextBlock_043311f5-88d5-4674-8fe1-b47b9538d03f_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfVarTotalHistoricalSimulationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule Of Var Total - Historical Simulation</link:label>
    <link:label id="lab_itub_ScheduleOfVarTotalHistoricalSimulationTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfVarTotalHistoricalSimulationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Var Total - Historical Simulation [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfVarTotalHistoricalSimulationTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfVarTotalHistoricalSimulationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Var Total - Historical Simulation</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfVarTotalHistoricalSimulationTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfVarTotalHistoricalSimulationTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfVarTotalHistoricalSimulationTableTextBlock" xlink:to="lab_itub_ScheduleOfVarTotalHistoricalSimulationTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_GuaranteesRelatedToLegalProceedings_808778cc-1b1f-4a4c-b2cc-942d2a912101_verboseLabel_en-US" xlink:label="lab_itub_GuaranteesRelatedToLegalProceedings" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_itub_GuaranteesRelatedToLegalProceedings_label_en-US" xlink:label="lab_itub_GuaranteesRelatedToLegalProceedings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Guarantees Related To Legal Proceedings</link:label>
    <link:label id="lab_itub_GuaranteesRelatedToLegalProceedings_documentation_en-US" xlink:label="lab_itub_GuaranteesRelatedToLegalProceedings" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Guarantees Related To Legal Proceedings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_GuaranteesRelatedToLegalProceedings" xlink:href="itub-20251231.xsd#itub_GuaranteesRelatedToLegalProceedings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_GuaranteesRelatedToLegalProceedings" xlink:to="lab_itub_GuaranteesRelatedToLegalProceedings" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentDepositsFromCustomers_62ad4100-a26c-451e-920f-f1b1bd18d66e_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentDepositsFromCustomers" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current</link:label>
    <link:label id="lab_ifrs-full_CurrentDepositsFromCustomers_label_en-US" xlink:label="lab_ifrs-full_CurrentDepositsFromCustomers" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current deposits from customers</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentDepositsFromCustomers" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentDepositsFromCustomers"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentDepositsFromCustomers" xlink:to="lab_ifrs-full_CurrentDepositsFromCustomers" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SubordinatedDebttierIICapitalMember_fe0dc4f7-3483-4223-819a-17bcaabd97b3_terseLabel_en-US" xlink:label="lab_itub_SubordinatedDebttierIICapitalMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subordinated Debttier II Capital</link:label>
    <link:label id="lab_itub_SubordinatedDebttierIICapitalMember_label_en-US" xlink:label="lab_itub_SubordinatedDebttierIICapitalMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subordinated Debttier II Capital [Member]</link:label>
    <link:label id="lab_itub_SubordinatedDebttierIICapitalMember_documentation_en-US" xlink:label="lab_itub_SubordinatedDebttierIICapitalMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Subordinated Debttier Ii Capital [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SubordinatedDebttierIICapitalMember" xlink:href="itub-20251231.xsd#itub_SubordinatedDebttierIICapitalMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SubordinatedDebttierIICapitalMember" xlink:to="lab_itub_SubordinatedDebttierIICapitalMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling_d6f067fe-5d1a-4d7b-ae5f-bf3b413bac00_terseLabel_en-US" xlink:label="lab_ifrs-full_GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">5 - Effects on asset ceiling</link:label>
    <link:label id="lab_ifrs-full_GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling_label_en-US" xlink:label="lab_ifrs-full_GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Decrease (increase) in net defined benefit liability (asset) resulting from gain (loss) on changes in effect of limiting net defined benefit asset to asset ceiling excluding interest income or expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling" xlink:to="lab_ifrs-full_GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SubsequentMeasurementOfFinancialInstrumentsPolicyTextBlock_201778d9-5116-49cc-a9da-68212de0121f_terseLabel_en-US" xlink:label="lab_itub_SubsequentMeasurementOfFinancialInstrumentsPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsequent measurement of financial instruments</link:label>
    <link:label id="lab_itub_SubsequentMeasurementOfFinancialInstrumentsPolicyTextBlock_label_en-US" xlink:label="lab_itub_SubsequentMeasurementOfFinancialInstrumentsPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent measurement of financial instruments [Policy Text Block]</link:label>
    <link:label id="lab_itub_SubsequentMeasurementOfFinancialInstrumentsPolicyTextBlock_documentation_en-US" xlink:label="lab_itub_SubsequentMeasurementOfFinancialInstrumentsPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Subsequent measurement of financial instruments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SubsequentMeasurementOfFinancialInstrumentsPolicyTextBlock" xlink:href="itub-20251231.xsd#itub_SubsequentMeasurementOfFinancialInstrumentsPolicyTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SubsequentMeasurementOfFinancialInstrumentsPolicyTextBlock" xlink:to="lab_itub_SubsequentMeasurementOfFinancialInstrumentsPolicyTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfReservesWithinEquityTable_c7896b06-48ec-451c-9fbc-fe8c57a40d3c_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfReservesWithinEquityTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of reserves within equity [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfReservesWithinEquityTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfReservesWithinEquityTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of reserves within equity [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfReservesWithinEquityTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfReservesWithinEquityTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfReservesWithinEquityTable" xlink:to="lab_ifrs-full_DisclosureOfReservesWithinEquityTable" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SecuritiesAtFairValueThroughProfitOrLoss_019dbe56-3776-7462-87fe-8ca8c089b7f5_terseLabel_en-US" xlink:label="lab_itub_SecuritiesAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Securities</link:label>
    <link:label id="lab_itub_SecuritiesAtFairValueThroughProfitOrLoss_label_en-US" xlink:label="lab_itub_SecuritiesAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Securities At Fair Value Through Profit Or Loss</link:label>
    <link:label id="lab_itub_SecuritiesAtFairValueThroughProfitOrLoss_documentation_en-US" xlink:label="lab_itub_SecuritiesAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Securities At Fair Value Through Profit Or Loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SecuritiesAtFairValueThroughProfitOrLoss" xlink:href="itub-20251231.xsd#itub_SecuritiesAtFairValueThroughProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SecuritiesAtFairValueThroughProfitOrLoss" xlink:to="lab_itub_SecuritiesAtFairValueThroughProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfLeaseLiabilitiesUndiscountedTableTextBlock_a1824e25-e67f-420d-9864-483c8c35cd11_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfLeaseLiabilitiesUndiscountedTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Lease Liabilities Undiscounted</link:label>
    <link:label id="lab_itub_ScheduleOfLeaseLiabilitiesUndiscountedTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfLeaseLiabilitiesUndiscountedTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Lease Liabilities Undiscounted [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfLeaseLiabilitiesUndiscountedTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfLeaseLiabilitiesUndiscountedTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Lease Liabilities Undiscounted</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfLeaseLiabilitiesUndiscountedTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfLeaseLiabilitiesUndiscountedTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfLeaseLiabilitiesUndiscountedTableTextBlock" xlink:to="lab_itub_ScheduleOfLeaseLiabilitiesUndiscountedTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PurchaseCashFromTheSaleOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncome_deeaf08f-1686-46c0-a8e6-b32f8a978451_terseLabel_en-US" xlink:label="lab_itub_PurchaseCashFromTheSaleOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">(Purchase) / Sale of fixed assets</link:label>
    <link:label id="lab_itub_PurchaseCashFromTheSaleOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncome_label_en-US" xlink:label="lab_itub_PurchaseCashFromTheSaleOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">(Purchase) / Cash From The Sale Of Financial Assets At Fair Value Through Other Comprehensive Income</link:label>
    <link:label id="lab_itub_PurchaseCashFromTheSaleOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncome_documentation_en-US" xlink:label="lab_itub_PurchaseCashFromTheSaleOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">(Purchase) / Cash From The Sale Of Financial Assets At Fair Value Through Other Comprehensive Income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PurchaseCashFromTheSaleOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:href="itub-20251231.xsd#itub_PurchaseCashFromTheSaleOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PurchaseCashFromTheSaleOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:to="lab_itub_PurchaseCashFromTheSaleOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterbankMarketFundFinancingNonCurrent_019d4455-94f7-72b2-9d5f-53de0d9f17e6_terseLabel_en-US" xlink:label="lab_itub_InterbankMarketFundFinancingNonCurrent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-current</link:label>
    <link:label id="lab_itub_InterbankMarketFundFinancingNonCurrent_label_en-US" xlink:label="lab_itub_InterbankMarketFundFinancingNonCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interbank Market Fund Financing, Non-Current</link:label>
    <link:label id="lab_itub_InterbankMarketFundFinancingNonCurrent_documentation_en-US" xlink:label="lab_itub_InterbankMarketFundFinancingNonCurrent" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interbank Market Fund Financing, Non-Current</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterbankMarketFundFinancingNonCurrent" xlink:href="itub-20251231.xsd#itub_InterbankMarketFundFinancingNonCurrent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterbankMarketFundFinancingNonCurrent" xlink:to="lab_itub_InterbankMarketFundFinancingNonCurrent" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_VaRCalculationConfidenceLevelPeriod_019dbeda-d383-730c-930b-e0fe98ee61b4_terseLabel_en-US" xlink:label="lab_itub_VaRCalculationConfidenceLevelPeriod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">VaR calculation period</link:label>
    <link:label id="lab_itub_VaRCalculationConfidenceLevelPeriod_label_en-US" xlink:label="lab_itub_VaRCalculationConfidenceLevelPeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">VaR Calculation Confidence Level Period</link:label>
    <link:label id="lab_itub_VaRCalculationConfidenceLevelPeriod_documentation_en-US" xlink:label="lab_itub_VaRCalculationConfidenceLevelPeriod" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">VaR Calculation Confidence Level Period</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_VaRCalculationConfidenceLevelPeriod" xlink:href="itub-20251231.xsd#itub_VaRCalculationConfidenceLevelPeriod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_VaRCalculationConfidenceLevelPeriod" xlink:to="lab_itub_VaRCalculationConfidenceLevelPeriod" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TotalComprehensiveIncome_019da9b6-c08b-7c3b-9b8e-123c831174fa_totalLabel_en-US" xlink:label="lab_itub_TotalComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total comprehensive income</link:label>
    <link:label id="lab_itub_TotalComprehensiveIncome_label_en-US" xlink:label="lab_itub_TotalComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total comprehensive income</link:label>
    <link:label id="lab_itub_TotalComprehensiveIncome_documentation_en-US" xlink:label="lab_itub_TotalComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total comprehensive income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TotalComprehensiveIncome" xlink:href="itub-20251231.xsd#itub_TotalComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TotalComprehensiveIncome" xlink:to="lab_itub_TotalComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ExpectedLossWithLoanOperationsAndLeaseOperations_019da9cc-8fd5-7fd3-a9be-eb89c5069084_negatedTerseLabel_en-US" xlink:label="lab_itub_ExpectedLossWithLoanOperationsAndLeaseOperations" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Expected Credit Loss with Loan and Lease Operations</link:label>
    <link:label id="lab_itub_ExpectedLossWithLoanOperationsAndLeaseOperations_label_en-US" xlink:label="lab_itub_ExpectedLossWithLoanOperationsAndLeaseOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expected Loss with Loan and Lease Operations</link:label>
    <link:label id="lab_itub_ExpectedLossWithLoanOperationsAndLeaseOperations_documentation_en-US" xlink:label="lab_itub_ExpectedLossWithLoanOperationsAndLeaseOperations" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Expected Loss with Loan and Lease Operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ExpectedLossWithLoanOperationsAndLeaseOperations" xlink:href="itub-20251231.xsd#itub_ExpectedLossWithLoanOperationsAndLeaseOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ExpectedLossWithLoanOperationsAndLeaseOperations" xlink:to="lab_itub_ExpectedLossWithLoanOperationsAndLeaseOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SecuritiesMember_bbd83696-967e-4641-9bed-d3355a2f2778_terseLabel_en-US" xlink:label="lab_itub_SecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Securities</link:label>
    <link:label id="lab_itub_SecuritiesMember_label_en-US" xlink:label="lab_itub_SecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Securities [Member]</link:label>
    <link:label id="lab_itub_SecuritiesMember_documentation_en-US" xlink:label="lab_itub_SecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Securities [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SecuritiesMember" xlink:href="itub-20251231.xsd#itub_SecuritiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SecuritiesMember" xlink:to="lab_itub_SecuritiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RedeAgroFidelidadeeIntermediacaoSAMember_86fa524a-19bc-40e6-a73f-20633e8f03cc_terseLabel_en-US" xlink:label="lab_itub_RedeAgroFidelidadeeIntermediacaoSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Rede Agro Fidelidade e Intermedia&#231;&#227;o S.A.</link:label>
    <link:label id="lab_itub_RedeAgroFidelidadeeIntermediacaoSAMember_label_en-US" xlink:label="lab_itub_RedeAgroFidelidadeeIntermediacaoSAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rede Agro Fidelidadee Intermediacao S A [Member]</link:label>
    <link:label id="lab_itub_RedeAgroFidelidadeeIntermediacaoSAMember_documentation_en-US" xlink:label="lab_itub_RedeAgroFidelidadeeIntermediacaoSAMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Rede Agro Fidelidadee Intermediacao S A [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RedeAgroFidelidadeeIntermediacaoSAMember" xlink:href="itub-20251231.xsd#itub_RedeAgroFidelidadeeIntermediacaoSAMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RedeAgroFidelidadeeIntermediacaoSAMember" xlink:to="lab_itub_RedeAgroFidelidadeeIntermediacaoSAMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SecuritiesAndDerivativesAssetAndLiabilityPosition_bb9b4562-ee64-4690-a968-93add3fe66e7_terseLabel_en-US" xlink:label="lab_itub_SecuritiesAndDerivativesAssetAndLiabilityPosition" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Securities and derivatives (assets and liabilities)</link:label>
    <link:label id="lab_itub_SecuritiesAndDerivativesAssetAndLiabilityPosition_label_en-US" xlink:label="lab_itub_SecuritiesAndDerivativesAssetAndLiabilityPosition" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Securities And Derivatives (Asset And Liability Position)</link:label>
    <link:label id="lab_itub_SecuritiesAndDerivativesAssetAndLiabilityPosition_documentation_en-US" xlink:label="lab_itub_SecuritiesAndDerivativesAssetAndLiabilityPosition" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Securities And Derivatives (Asset And Liability Position)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SecuritiesAndDerivativesAssetAndLiabilityPosition" xlink:href="itub-20251231.xsd#itub_SecuritiesAndDerivativesAssetAndLiabilityPosition"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SecuritiesAndDerivativesAssetAndLiabilityPosition" xlink:to="lab_itub_SecuritiesAndDerivativesAssetAndLiabilityPosition" xlink:type="arc" order="1"/>
    <link:label id="lab_currency_COP_b187cbf5-f608-4bde-b5e4-65f39279de77_terseLabel_en-US" xlink:label="lab_currency_COP" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subordinated bonds - COP</link:label>
    <link:label id="lab_currency_COP_label_en-US" xlink:label="lab_currency_COP" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Colombia, Pesos</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_currency_COP" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_COP"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_COP" xlink:to="lab_currency_COP" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_BrazilianGovernmentSecuritiesMember_6f8fe15b-4182-47a1-867f-d1a6f52c703b_terseLabel_en-US" xlink:label="lab_itub_BrazilianGovernmentSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Brazil</link:label>
    <link:label id="lab_itub_BrazilianGovernmentSecuritiesMember_label_en-US" xlink:label="lab_itub_BrazilianGovernmentSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Brazilian Government Securities [member]</link:label>
    <link:label id="lab_itub_BrazilianGovernmentSecuritiesMember_documentation_en-US" xlink:label="lab_itub_BrazilianGovernmentSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Brazilian government securities.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_BrazilianGovernmentSecuritiesMember" xlink:href="itub-20251231.xsd#itub_BrazilianGovernmentSecuritiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_BrazilianGovernmentSecuritiesMember" xlink:to="lab_itub_BrazilianGovernmentSecuritiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InsuranceMember_5d3cf4d3-4d11-49ac-9870-fc4decaa1f85_terseLabel_en-US" xlink:label="lab_itub_InsuranceMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">lnsurance</link:label>
    <link:label id="lab_itub_InsuranceMember_label_en-US" xlink:label="lab_itub_InsuranceMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Insurance [Member]</link:label>
    <link:label id="lab_itub_InsuranceMember_documentation_en-US" xlink:label="lab_itub_InsuranceMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Insurance [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InsuranceMember" xlink:href="itub-20251231.xsd#itub_InsuranceMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InsuranceMember" xlink:to="lab_itub_InsuranceMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ResultsFromForeignExchangeOperation_427a78f1-b73f-4c47-a9c8-ad146dee44b6_terseLabel_en-US" xlink:label="lab_itub_ResultsFromForeignExchangeOperation" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Results from foreign exchange operation</link:label>
    <link:label id="lab_itub_ResultsFromForeignExchangeOperation_label_en-US" xlink:label="lab_itub_ResultsFromForeignExchangeOperation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Results From Foreign Exchange Operation</link:label>
    <link:label id="lab_itub_ResultsFromForeignExchangeOperation_documentation_en-US" xlink:label="lab_itub_ResultsFromForeignExchangeOperation" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Results From Foreign Exchange Operation</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ResultsFromForeignExchangeOperation" xlink:href="itub-20251231.xsd#itub_ResultsFromForeignExchangeOperation"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ResultsFromForeignExchangeOperation" xlink:to="lab_itub_ResultsFromForeignExchangeOperation" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_VariableIncomeSecuritiesMember_5ec466dc-25b7-4266-98b8-43957c680347_terseLabel_en-US" xlink:label="lab_itub_VariableIncomeSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable income securities</link:label>
    <link:label id="lab_itub_VariableIncomeSecuritiesMember_label_en-US" xlink:label="lab_itub_VariableIncomeSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Income Securities [Member]</link:label>
    <link:label id="lab_itub_VariableIncomeSecuritiesMember_documentation_en-US" xlink:label="lab_itub_VariableIncomeSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Variable Income Securities [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_VariableIncomeSecuritiesMember" xlink:href="itub-20251231.xsd#itub_VariableIncomeSecuritiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_VariableIncomeSecuritiesMember" xlink:to="lab_itub_VariableIncomeSecuritiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ReservesWithinEquityAxis_31cc9917-431e-49b8-91ce-858625db22b2_terseLabel_en-US" xlink:label="lab_ifrs-full_ReservesWithinEquityAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reserves within equity [axis]</link:label>
    <link:label id="lab_ifrs-full_ReservesWithinEquityAxis_label_en-US" xlink:label="lab_ifrs-full_ReservesWithinEquityAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reserves within equity [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReservesWithinEquityAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ReservesWithinEquityAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReservesWithinEquityAxis" xlink:to="lab_ifrs-full_ReservesWithinEquityAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Cash_69d29a4a-1406-467d-a6d2-e22a1f480cad_terseLabel_en-US" xlink:label="lab_ifrs-full_Cash" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash</link:label>
    <link:label id="lab_ifrs-full_Cash_fd7bf61c-89d1-4229-9440-30d4c99fdd1a_periodEndLabel_en-US" xlink:label="lab_ifrs-full_Cash" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Cash</link:label>
    <link:label id="lab_ifrs-full_Cash_label_en-US" xlink:label="lab_ifrs-full_Cash" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Cash" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Cash"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Cash" xlink:to="lab_ifrs-full_Cash" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PercentageInterestInVotingCapital_fe5c9650-151f-43f3-8e37-c1d137b8b42e_terseLabel_en-US" xlink:label="lab_itub_PercentageInterestInVotingCapital" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage interest in voting capital</link:label>
    <link:label id="lab_itub_PercentageInterestInVotingCapital_label_en-US" xlink:label="lab_itub_PercentageInterestInVotingCapital" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Interest In Voting Capital</link:label>
    <link:label id="lab_itub_PercentageInterestInVotingCapital_documentation_en-US" xlink:label="lab_itub_PercentageInterestInVotingCapital" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage Interest In Voting Capital</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PercentageInterestInVotingCapital" xlink:href="itub-20251231.xsd#itub_PercentageInterestInVotingCapital"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PercentageInterestInVotingCapital" xlink:to="lab_itub_PercentageInterestInVotingCapital" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DecreaseThroughDerecognitionFinancialAsset_3c1e20e4-822c-4c9d-b412-295a16a04702_negatedLabel_en-US" xlink:label="lab_itub_DecreaseThroughDerecognitionFinancialAsset" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Acquisition / (Settlement)</link:label>
    <link:label id="lab_itub_DecreaseThroughDerecognitionFinancialAsset_label_en-US" xlink:label="lab_itub_DecreaseThroughDerecognitionFinancialAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Decrease Through Derecognition Financial Asset</link:label>
    <link:label id="lab_itub_DecreaseThroughDerecognitionFinancialAsset_documentation_en-US" xlink:label="lab_itub_DecreaseThroughDerecognitionFinancialAsset" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Decrease Through Derecognition Financial Asset</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DecreaseThroughDerecognitionFinancialAsset" xlink:href="itub-20251231.xsd#itub_DecreaseThroughDerecognitionFinancialAsset"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DecreaseThroughDerecognitionFinancialAsset" xlink:to="lab_itub_DecreaseThroughDerecognitionFinancialAsset" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AcquisitionOfPayrollsAndAssociationsRightsMember_c31febe4-8abf-49f8-8f6c-4e0c1d14ce0c_terseLabel_en-US" xlink:label="lab_itub_AcquisitionOfPayrollsAndAssociationsRightsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquisition of Payrolls and Associations Rights</link:label>
    <link:label id="lab_itub_AcquisitionOfPayrollsAndAssociationsRightsMember_label_en-US" xlink:label="lab_itub_AcquisitionOfPayrollsAndAssociationsRightsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Acquisition Of Payrolls And Associations Rights [Member]</link:label>
    <link:label id="lab_itub_AcquisitionOfPayrollsAndAssociationsRightsMember_documentation_en-US" xlink:label="lab_itub_AcquisitionOfPayrollsAndAssociationsRightsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Acquisition Of Payrolls And Associations Rights [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AcquisitionOfPayrollsAndAssociationsRightsMember" xlink:href="itub-20251231.xsd#itub_AcquisitionOfPayrollsAndAssociationsRightsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AcquisitionOfPayrollsAndAssociationsRightsMember" xlink:to="lab_itub_AcquisitionOfPayrollsAndAssociationsRightsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IncomeTaxAndSocialContributionExpenses_02d01542-4074-408f-a7d3-7d5e2d30ecf7_negatedLabel_en-US" xlink:label="lab_itub_IncomeTaxAndSocialContributionExpenses" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Total income tax and social contribution expenses</link:label>
    <link:label id="lab_itub_IncomeTaxAndSocialContributionExpenses_label_en-US" xlink:label="lab_itub_IncomeTaxAndSocialContributionExpenses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax And Social Contribution Expenses</link:label>
    <link:label id="lab_itub_IncomeTaxAndSocialContributionExpenses_documentation_en-US" xlink:label="lab_itub_IncomeTaxAndSocialContributionExpenses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Income Tax And Social Contribution Expenses</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IncomeTaxAndSocialContributionExpenses" xlink:href="itub-20251231.xsd#itub_IncomeTaxAndSocialContributionExpenses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IncomeTaxAndSocialContributionExpenses" xlink:to="lab_itub_IncomeTaxAndSocialContributionExpenses" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypesOfFinancialAssetsDomain_705e3e22-3b0b-4dbd-936d-2b4f501a27b7_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfFinancialAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types of financial assets [domain]</link:label>
    <link:label id="lab_ifrs-full_TypesOfFinancialAssetsDomain_label_en-US" xlink:label="lab_ifrs-full_TypesOfFinancialAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Types of financial assets [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfFinancialAssetsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfFinancialAssetsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfFinancialAssetsDomain" xlink:to="lab_ifrs-full_TypesOfFinancialAssetsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents_89510c6f-ae26-4fbe-9fcf-2a18969e08d2_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for determining components of cash and cash equivalents [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentDividendPayables_4e163cf1-5796-4ba0-9088-a36000f7fdcf_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentDividendPayables" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current dividend payables</link:label>
    <link:label id="lab_ifrs-full_CurrentDividendPayables_label_en-US" xlink:label="lab_ifrs-full_CurrentDividendPayables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current dividend payables</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentDividendPayables" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentDividendPayables"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentDividendPayables" xlink:to="lab_ifrs-full_CurrentDividendPayables" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_HedgeOfHighlyProbableForecastTransactionsMember_b1d821e8-b977-4779-8ec6-565b84c8950a_terseLabel_en-US" xlink:label="lab_itub_HedgeOfHighlyProbableForecastTransactionsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hedge of highly probable forecast transactions</link:label>
    <link:label id="lab_itub_HedgeOfHighlyProbableForecastTransactionsMember_label_en-US" xlink:label="lab_itub_HedgeOfHighlyProbableForecastTransactionsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedge Of Highly Probable Forecast Transactions [Member]</link:label>
    <link:label id="lab_itub_HedgeOfHighlyProbableForecastTransactionsMember_documentation_en-US" xlink:label="lab_itub_HedgeOfHighlyProbableForecastTransactionsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Hedge Of Highly Probable Forecast Transactions [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_HedgeOfHighlyProbableForecastTransactionsMember" xlink:href="itub-20251231.xsd#itub_HedgeOfHighlyProbableForecastTransactionsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_HedgeOfHighlyProbableForecastTransactionsMember" xlink:to="lab_itub_HedgeOfHighlyProbableForecastTransactionsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ValueAtRisk_956deac4-d03e-4cd8-9c7c-c33bba10fb2e_terseLabel_en-US" xlink:label="lab_ifrs-full_ValueAtRisk" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Value at risk</link:label>
    <link:label id="lab_ifrs-full_ValueAtRisk_d4cc5876-0468-4f7d-8dfe-4da66fdd8e2d_verboseLabel_en-US" xlink:label="lab_ifrs-full_ValueAtRisk" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Total risk</link:label>
    <link:label id="lab_ifrs-full_ValueAtRisk_label_en-US" xlink:label="lab_ifrs-full_ValueAtRisk" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Value at risk</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ValueAtRisk" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ValueAtRisk"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ValueAtRisk" xlink:to="lab_ifrs-full_ValueAtRisk" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestAndSimilarIncomeAndExpensesAndIncomeOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossTextBlock_a133d044-9a74-4bb5-8fa4-8c609ce1ca36_terseLabel_en-US" xlink:label="lab_itub_InterestAndSimilarIncomeAndExpensesAndIncomeOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest and similar income and expenses and income of financial assets and liabilities at fair value through profit or loss</link:label>
    <link:label id="lab_itub_InterestAndSimilarIncomeAndExpensesAndIncomeOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossTextBlock_label_en-US" xlink:label="lab_itub_InterestAndSimilarIncomeAndExpensesAndIncomeOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest and similar income and expenses and income of financial assets and liabilities at fair value through profit or loss [Text Block]</link:label>
    <link:label id="lab_itub_InterestAndSimilarIncomeAndExpensesAndIncomeOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossTextBlock_documentation_en-US" xlink:label="lab_itub_InterestAndSimilarIncomeAndExpensesAndIncomeOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest and similar income and expenses and income of financial assets and liabilities at fair value through profit or loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestAndSimilarIncomeAndExpensesAndIncomeOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossTextBlock" xlink:href="itub-20251231.xsd#itub_InterestAndSimilarIncomeAndExpensesAndIncomeOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestAndSimilarIncomeAndExpensesAndIncomeOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossTextBlock" xlink:to="lab_itub_InterestAndSimilarIncomeAndExpensesAndIncomeOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentAssets_9e10a235-a4d0-42cc-933e-fb378e55f258_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-current assets</link:label>
    <link:label id="lab_ifrs-full_NoncurrentAssets_label_en-US" xlink:label="lab_ifrs-full_NoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentAssets" xlink:to="lab_ifrs-full_NoncurrentAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SecuritiesPurchasedUnderAgreementsToResellMember_acbf53db-43e5-410c-b6ca-b5e4f8d47f48_terseLabel_en-US" xlink:label="lab_itub_SecuritiesPurchasedUnderAgreementsToResellMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Securities purchased under agreements to resell</link:label>
    <link:label id="lab_itub_SecuritiesPurchasedUnderAgreementsToResellMember_label_en-US" xlink:label="lab_itub_SecuritiesPurchasedUnderAgreementsToResellMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Securities Purchased Under Agreements To Resell [Member]</link:label>
    <link:label id="lab_itub_SecuritiesPurchasedUnderAgreementsToResellMember_documentation_en-US" xlink:label="lab_itub_SecuritiesPurchasedUnderAgreementsToResellMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Securities Purchased Under Agreements To Resell [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SecuritiesPurchasedUnderAgreementsToResellMember" xlink:href="itub-20251231.xsd#itub_SecuritiesPurchasedUnderAgreementsToResellMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SecuritiesPurchasedUnderAgreementsToResellMember" xlink:to="lab_itub_SecuritiesPurchasedUnderAgreementsToResellMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossTableTextBlock_22da9926-e294-46eb-8789-383e0808720b_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Financial Assets and Liabilities at Fair Value Through Profit or Loss</link:label>
    <link:label id="lab_itub_ScheduleOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Financial Assets And Liabilities At Fair Value Through Profit Or Loss [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Financial Assets And Liabilities At Fair Value Through Profit Or Loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossTableTextBlock" xlink:to="lab_itub_ScheduleOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDefinedBenefitPlansTable_ea5c60a0-aadd-4128-ba88-154fd976307c_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of defined benefit plans [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDefinedBenefitPlansTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of defined benefit plans [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:to="lab_ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CivilLawsuitsMember_991ba10c-716d-49ec-8ae9-1b827de77601_terseLabel_en-US" xlink:label="lab_itub_CivilLawsuitsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Civil lawsuits</link:label>
    <link:label id="lab_itub_CivilLawsuitsMember_label_en-US" xlink:label="lab_itub_CivilLawsuitsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Civil Lawsuits [Member]</link:label>
    <link:label id="lab_itub_CivilLawsuitsMember_documentation_en-US" xlink:label="lab_itub_CivilLawsuitsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Civil Lawsuits [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CivilLawsuitsMember" xlink:href="itub-20251231.xsd#itub_CivilLawsuitsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CivilLawsuitsMember" xlink:to="lab_itub_CivilLawsuitsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TwoYearsBeforeReportingYearMember_b2aa61a0-80c7-4517-926c-17ea0bd9dfc1_terseLabel_en-US" xlink:label="lab_ifrs-full_TwoYearsBeforeReportingYearMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">12/31/2023</link:label>
    <link:label id="lab_ifrs-full_TwoYearsBeforeReportingYearMember_label_en-US" xlink:label="lab_ifrs-full_TwoYearsBeforeReportingYearMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Two years before reporting year [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TwoYearsBeforeReportingYearMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TwoYearsBeforeReportingYearMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TwoYearsBeforeReportingYearMember" xlink:to="lab_ifrs-full_TwoYearsBeforeReportingYearMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ItausaInvestimentosSAMember_5e5e0e8d-46ea-4e41-bd8a-18b1adac2df6_terseLabel_en-US" xlink:label="lab_itub_ItausaInvestimentosSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Itausa Investimentos S A</link:label>
    <link:label id="lab_itub_ItausaInvestimentosSAMember_label_en-US" xlink:label="lab_itub_ItausaInvestimentosSAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Itausa Investimentos S A [Member]</link:label>
    <link:label id="lab_itub_ItausaInvestimentosSAMember_documentation_en-US" xlink:label="lab_itub_ItausaInvestimentosSAMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Itausa Investimentos S A [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ItausaInvestimentosSAMember" xlink:href="itub-20251231.xsd#itub_ItausaInvestimentosSAMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ItausaInvestimentosSAMember" xlink:to="lab_itub_ItausaInvestimentosSAMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfMaturityProfileOfDefinedBenefitLiabilitiesTableTextBlock_1b28d73f-a379-4ac0-8899-1521b6d170e0_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfMaturityProfileOfDefinedBenefitLiabilitiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Maturity Profile of Defined Benefit Liabilities</link:label>
    <link:label id="lab_itub_ScheduleOfMaturityProfileOfDefinedBenefitLiabilitiesTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfMaturityProfileOfDefinedBenefitLiabilitiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Maturity Profile of Defined Benefit Liabilities [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfMaturityProfileOfDefinedBenefitLiabilitiesTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfMaturityProfileOfDefinedBenefitLiabilitiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Maturity Profile of Defined Benefit Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfMaturityProfileOfDefinedBenefitLiabilitiesTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfMaturityProfileOfDefinedBenefitLiabilitiesTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfMaturityProfileOfDefinedBenefitLiabilitiesTableTextBlock" xlink:to="lab_itub_ScheduleOfMaturityProfileOfDefinedBenefitLiabilitiesTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_EstimatedValueOfFinancialAssets_b68d57c4-75c7-402e-b946-0c8c8d9311db_terseLabel_en-US" xlink:label="lab_itub_EstimatedValueOfFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Estimated value of financial assets</link:label>
    <link:label id="lab_itub_EstimatedValueOfFinancialAssets_label_en-US" xlink:label="lab_itub_EstimatedValueOfFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Estimated Value Of Financial Assets</link:label>
    <link:label id="lab_itub_EstimatedValueOfFinancialAssets_documentation_en-US" xlink:label="lab_itub_EstimatedValueOfFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Estimated Value Of Financial Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_EstimatedValueOfFinancialAssets" xlink:href="itub-20251231.xsd#itub_EstimatedValueOfFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_EstimatedValueOfFinancialAssets" xlink:to="lab_itub_EstimatedValueOfFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis_d32eb088-2590-48e8-ae11-91e8028f67b0_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of property, plant and equipment [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of property, plant and equipment [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:to="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForReconcileProfitLoss_4981f2f1-69ff-48c3-a207-9ec8713d633a_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForReconcileProfitLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjustments to net income:</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForReconcileProfitLoss_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForReconcileProfitLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments to reconcile profit (loss)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForReconcileProfitLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForReconcileProfitLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForReconcileProfitLoss" xlink:to="lab_ifrs-full_AdjustmentsForReconcileProfitLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ThreeYearMember_bfdc0cd4-9f2b-4d7c-8792-4556ebc7bb78_terseLabel_en-US" xlink:label="lab_itub_ThreeYearMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">3 years</link:label>
    <link:label id="lab_itub_ThreeYearMember_label_en-US" xlink:label="lab_itub_ThreeYearMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Three Year [Member]</link:label>
    <link:label id="lab_itub_ThreeYearMember_documentation_en-US" xlink:label="lab_itub_ThreeYearMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Three Year [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ThreeYearMember" xlink:href="itub-20251231.xsd#itub_ThreeYearMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ThreeYearMember" xlink:to="lab_itub_ThreeYearMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ActuarialAssumptionsDomain_a4e74a38-819c-4155-a05c-8239a2816896_terseLabel_en-US" xlink:label="lab_ifrs-full_ActuarialAssumptionsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Actuarial assumptions [domain]</link:label>
    <link:label id="lab_ifrs-full_ActuarialAssumptionsDomain_label_en-US" xlink:label="lab_ifrs-full_ActuarialAssumptionsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Actuarial assumptions [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ActuarialAssumptionsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ActuarialAssumptionsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ActuarialAssumptionsDomain" xlink:to="lab_ifrs-full_ActuarialAssumptionsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NotLaterThanOneMonthMember_82099b7b-8a23-4c34-a488-fee4e7c2c45d_terseLabel_en-US" xlink:label="lab_ifrs-full_NotLaterThanOneMonthMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">0-30</link:label>
    <link:label id="lab_ifrs-full_NotLaterThanOneMonthMember_label_en-US" xlink:label="lab_ifrs-full_NotLaterThanOneMonthMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Not later than one month [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NotLaterThanOneMonthMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NotLaterThanOneMonthMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NotLaterThanOneMonthMember" xlink:to="lab_ifrs-full_NotLaterThanOneMonthMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LoansOperationsMember_930b05af-98d1-4b53-85c4-943ce8549567_terseLabel_en-US" xlink:label="lab_itub_LoansOperationsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loan operations</link:label>
    <link:label id="lab_itub_LoansOperationsMember_label_en-US" xlink:label="lab_itub_LoansOperationsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans Operations [Member]</link:label>
    <link:label id="lab_itub_LoansOperationsMember_documentation_en-US" xlink:label="lab_itub_LoansOperationsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loans Operations [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LoansOperationsMember" xlink:href="itub-20251231.xsd#itub_LoansOperationsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LoansOperationsMember" xlink:to="lab_itub_LoansOperationsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TwoThousandAndTwentyFiveMember_b8876b44-51b0-41de-9bed-e36913503dac_terseLabel_en-US" xlink:label="lab_itub_TwoThousandAndTwentyFiveMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2025</link:label>
    <link:label id="lab_itub_TwoThousandAndTwentyFiveMember_label_en-US" xlink:label="lab_itub_TwoThousandAndTwentyFiveMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Two Thousand And Twenty Five [Member]</link:label>
    <link:label id="lab_itub_TwoThousandAndTwentyFiveMember_documentation_en-US" xlink:label="lab_itub_TwoThousandAndTwentyFiveMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Two Thousand And Twenty Five [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TwoThousandAndTwentyFiveMember" xlink:href="itub-20251231.xsd#itub_TwoThousandAndTwentyFiveMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TwoThousandAndTwentyFiveMember" xlink:to="lab_itub_TwoThousandAndTwentyFiveMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_NetPosition_019dbe99-b37b-74bb-b769-0d0282f4615f_negatedTotalLabel_en-US" xlink:label="lab_itub_NetPosition" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US">Net risk</link:label>
    <link:label id="lab_itub_NetPosition_label_en-US" xlink:label="lab_itub_NetPosition" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net position</link:label>
    <link:label id="lab_itub_NetPosition_documentation_en-US" xlink:label="lab_itub_NetPosition" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net position</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_NetPosition" xlink:href="itub-20251231.xsd#itub_NetPosition"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_NetPosition" xlink:to="lab_itub_NetPosition" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AdjustedNetIncome_85c2e687-7b3d-4600-a333-e952fd0b333b_terseLabel_en-US" xlink:label="lab_itub_AdjustedNetIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjusted net income</link:label>
    <link:label id="lab_itub_AdjustedNetIncome_label_en-US" xlink:label="lab_itub_AdjustedNetIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjusted net income</link:label>
    <link:label id="lab_itub_AdjustedNetIncome_documentation_en-US" xlink:label="lab_itub_AdjustedNetIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Adjusted net income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AdjustedNetIncome" xlink:href="itub-20251231.xsd#itub_AdjustedNetIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AdjustedNetIncome" xlink:to="lab_itub_AdjustedNetIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents_4313eda4-8148-417b-95ef-cec45864154b_verboseLabel_en-US" xlink:label="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Effect of changes in exchange rates on cash and cash equivalents</link:label>
    <link:label id="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents_label_en-US" xlink:label="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effect of exchange rate changes on cash and cash equivalents</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:to="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ExpectedCreditLoss_e9da0235-309f-48e7-8d8f-e299e8fdd85b_terseLabel_en-US" xlink:label="lab_itub_ExpectedCreditLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expected credit loss</link:label>
    <link:label id="lab_itub_ExpectedCreditLoss_2346f354-30e8-41ef-8999-d00437b83e26_negatedTerseLabel_en-US" xlink:label="lab_itub_ExpectedCreditLoss" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Expected loss</link:label>
    <link:label id="lab_itub_ExpectedCreditLoss_label_en-US" xlink:label="lab_itub_ExpectedCreditLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expected Loss</link:label>
    <link:label id="lab_itub_ExpectedCreditLoss_documentation_en-US" xlink:label="lab_itub_ExpectedCreditLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Expected Loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ExpectedCreditLoss" xlink:href="itub-20251231.xsd#itub_ExpectedCreditLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ExpectedCreditLoss" xlink:to="lab_itub_ExpectedCreditLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PreferredSharesOfOwnIssue_edecb4ea-1c58-4042-9e38-2aae3b191cd7_terseLabel_en-US" xlink:label="lab_itub_PreferredSharesOfOwnIssue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred shares of own issue (in shares)</link:label>
    <link:label id="lab_itub_PreferredSharesOfOwnIssue_label_en-US" xlink:label="lab_itub_PreferredSharesOfOwnIssue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Shares Of Own Issue</link:label>
    <link:label id="lab_itub_PreferredSharesOfOwnIssue_documentation_en-US" xlink:label="lab_itub_PreferredSharesOfOwnIssue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Preferred Shares Of Own Issue</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PreferredSharesOfOwnIssue" xlink:href="itub-20251231.xsd#itub_PreferredSharesOfOwnIssue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PreferredSharesOfOwnIssue" xlink:to="lab_itub_PreferredSharesOfOwnIssue" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FeesForGuaranteesIssuedAndCreditLines_019dbee5-c33f-7c2a-96e6-6f719bb85ec2_negatedTotalLabel_en-US" xlink:label="lab_itub_FeesForGuaranteesIssuedAndCreditLines" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US">Credit operations and financial guarantees</link:label>
    <link:label id="lab_itub_FeesForGuaranteesIssuedAndCreditLines_label_en-US" xlink:label="lab_itub_FeesForGuaranteesIssuedAndCreditLines" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fees For Guarantees Issued And Credit Lines</link:label>
    <link:label id="lab_itub_FeesForGuaranteesIssuedAndCreditLines_documentation_en-US" xlink:label="lab_itub_FeesForGuaranteesIssuedAndCreditLines" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fees For Guarantees Issued And Credit Lines</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FeesForGuaranteesIssuedAndCreditLines" xlink:href="itub-20251231.xsd#itub_FeesForGuaranteesIssuedAndCreditLines"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FeesForGuaranteesIssuedAndCreditLines" xlink:to="lab_itub_FeesForGuaranteesIssuedAndCreditLines" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SharePurchaseAgreementNumberOfPhases_019dd2b9-f109-70b3-8c0e-4b0af4885010_terseLabel_en-US" xlink:label="lab_itub_SharePurchaseAgreementNumberOfPhases" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of phases of purchase agreement</link:label>
    <link:label id="lab_itub_SharePurchaseAgreementNumberOfPhases_label_en-US" xlink:label="lab_itub_SharePurchaseAgreementNumberOfPhases" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share Purchase Agreement, Number Of Phases</link:label>
    <link:label id="lab_itub_SharePurchaseAgreementNumberOfPhases_documentation_en-US" xlink:label="lab_itub_SharePurchaseAgreementNumberOfPhases" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share Purchase Agreement, Number Of Phases</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SharePurchaseAgreementNumberOfPhases" xlink:href="itub-20251231.xsd#itub_SharePurchaseAgreementNumberOfPhases"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SharePurchaseAgreementNumberOfPhases" xlink:to="lab_itub_SharePurchaseAgreementNumberOfPhases" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries_b9dbfed0-c086-4be0-a6ce-4005fcfbcdd5_terseLabel_en-US" xlink:label="lab_ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Payments from changes in ownership interests in subsidiaries that do not result in loss of control</link:label>
    <link:label id="lab_ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries_label_en-US" xlink:label="lab_ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments from changes in ownership interests in subsidiaries that do not result in loss of control</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries" xlink:to="lab_ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestOnCapitalWHT_019dd23f-1e93-7ce7-b7c6-30005ada09fd_negatedTerseLabel_en-US" xlink:label="lab_itub_InterestOnCapitalWHT" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Interest on capital, WHT</link:label>
    <link:label id="lab_itub_InterestOnCapitalWHT_label_en-US" xlink:label="lab_itub_InterestOnCapitalWHT" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest On Capital, WHT</link:label>
    <link:label id="lab_itub_InterestOnCapitalWHT_documentation_en-US" xlink:label="lab_itub_InterestOnCapitalWHT" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest On Capital, WHT</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestOnCapitalWHT" xlink:href="itub-20251231.xsd#itub_InterestOnCapitalWHT"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestOnCapitalWHT" xlink:to="lab_itub_InterestOnCapitalWHT" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DebtSecurities_88bde352-3b92-41ac-a8f3-1b89552b628a_terseLabel_en-US" xlink:label="lab_ifrs-full_DebtSecurities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Institutional market funds</link:label>
    <link:label id="lab_ifrs-full_DebtSecurities_019d444e-8872-736e-a075-947fdaad5295_totalLabel_en-US" xlink:label="lab_ifrs-full_DebtSecurities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Institutional market funds</link:label>
    <link:label id="lab_ifrs-full_DebtSecurities_label_en-US" xlink:label="lab_ifrs-full_DebtSecurities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt instruments issued</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DebtSecurities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DebtSecurities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DebtSecurities" xlink:to="lab_ifrs-full_DebtSecurities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScenarioTwoMember_1aa80526-d3b1-433b-89d7-2d9f78bba7fc_terseLabel_en-US" xlink:label="lab_itub_ScenarioTwoMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Scenario II</link:label>
    <link:label id="lab_itub_ScenarioTwoMember_label_en-US" xlink:label="lab_itub_ScenarioTwoMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Scenario Two [Member]</link:label>
    <link:label id="lab_itub_ScenarioTwoMember_documentation_en-US" xlink:label="lab_itub_ScenarioTwoMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Scenario Two [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScenarioTwoMember" xlink:href="itub-20251231.xsd#itub_ScenarioTwoMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScenarioTwoMember" xlink:to="lab_itub_ScenarioTwoMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsTable_8d8364c2-5e2c-4766-ab5d-56f95e8d9d1a_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about financial instruments [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about financial instruments [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:to="lab_ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfOperatingSegmentsTableTextBlock_9b878c7f-8aac-4e54-b5b2-b59192ef180a_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfOperatingSegmentsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Operating Segments</link:label>
    <link:label id="lab_itub_ScheduleOfOperatingSegmentsTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfOperatingSegmentsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Operating Segments [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfOperatingSegmentsTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfOperatingSegmentsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Operating Segments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfOperatingSegmentsTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfOperatingSegmentsTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfOperatingSegmentsTableTextBlock" xlink:to="lab_itub_ScheduleOfOperatingSegmentsTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PercentageOfSocialContributionOnNetProfits_019c942d-cbd1-7432-b259-a04b5a1c3b1c_terseLabel_en-US" xlink:label="lab_itub_PercentageOfSocialContributionOnNetProfits" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of social contribution on net profits</link:label>
    <link:label id="lab_itub_PercentageOfSocialContributionOnNetProfits_label_en-US" xlink:label="lab_itub_PercentageOfSocialContributionOnNetProfits" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Social Contribution On Net Profits</link:label>
    <link:label id="lab_itub_PercentageOfSocialContributionOnNetProfits_documentation_en-US" xlink:label="lab_itub_PercentageOfSocialContributionOnNetProfits" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage Of Social Contribution On Net Profits</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PercentageOfSocialContributionOnNetProfits" xlink:href="itub-20251231.xsd#itub_PercentageOfSocialContributionOnNetProfits"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PercentageOfSocialContributionOnNetProfits" xlink:to="lab_itub_PercentageOfSocialContributionOnNetProfits" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityInteractiveDataCurrent_632a9429-0193-44a1-b8f7-b919b96f2539_terseLabel_en-US" xlink:label="lab_dei_EntityInteractiveDataCurrent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Interactive Data Current</link:label>
    <link:label id="lab_dei_EntityInteractiveDataCurrent_label_en-US" xlink:label="lab_dei_EntityInteractiveDataCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Interactive Data Current</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityInteractiveDataCurrent" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityInteractiveDataCurrent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityInteractiveDataCurrent" xlink:to="lab_dei_EntityInteractiveDataCurrent" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SubordinatedFinancialBillsMember_b8b34552-ec20-435d-808e-1ddd38b69d25_terseLabel_en-US" xlink:label="lab_itub_SubordinatedFinancialBillsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subordinated Financial Bills</link:label>
    <link:label id="lab_itub_SubordinatedFinancialBillsMember_label_en-US" xlink:label="lab_itub_SubordinatedFinancialBillsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subordinated Financial Bills [Member]</link:label>
    <link:label id="lab_itub_SubordinatedFinancialBillsMember_documentation_en-US" xlink:label="lab_itub_SubordinatedFinancialBillsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Subordinated Financial Bills [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SubordinatedFinancialBillsMember" xlink:href="itub-20251231.xsd#itub_SubordinatedFinancialBillsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SubordinatedFinancialBillsMember" xlink:to="lab_itub_SubordinatedFinancialBillsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FiveYearsBeforeReportingYearMember_f4c83927-b7f9-4ba9-ace1-bbb44abdc22f_terseLabel_en-US" xlink:label="lab_ifrs-full_FiveYearsBeforeReportingYearMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">12/31/2020</link:label>
    <link:label id="lab_ifrs-full_FiveYearsBeforeReportingYearMember_label_en-US" xlink:label="lab_ifrs-full_FiveYearsBeforeReportingYearMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Five years before reporting year [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FiveYearsBeforeReportingYearMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FiveYearsBeforeReportingYearMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FiveYearsBeforeReportingYearMember" xlink:to="lab_ifrs-full_FiveYearsBeforeReportingYearMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfAttributionOfExpensesByNatureToTheirFunctionLineItems_ce5b35ea-5930-47a7-9d50-fcc4189ee931_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfAttributionOfExpensesByNatureToTheirFunctionLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of attribution of expenses by nature to their function [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfAttributionOfExpensesByNatureToTheirFunctionLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfAttributionOfExpensesByNatureToTheirFunctionLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of attribution of expenses by nature to their function [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfAttributionOfExpensesByNatureToTheirFunctionLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfAttributionOfExpensesByNatureToTheirFunctionLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfAttributionOfExpensesByNatureToTheirFunctionLineItems" xlink:to="lab_ifrs-full_DisclosureOfAttributionOfExpensesByNatureToTheirFunctionLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PresentValueOfDeferredTaxesLiabilities_b8785a95-91fb-4cdf-85cf-d6492efae362_terseLabel_en-US" xlink:label="lab_itub_PresentValueOfDeferredTaxesLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Present value of deferred taxes liabilities</link:label>
    <link:label id="lab_itub_PresentValueOfDeferredTaxesLiabilities_label_en-US" xlink:label="lab_itub_PresentValueOfDeferredTaxesLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Present Value Of Deferred Taxes Liabilities</link:label>
    <link:label id="lab_itub_PresentValueOfDeferredTaxesLiabilities_documentation_en-US" xlink:label="lab_itub_PresentValueOfDeferredTaxesLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Present Value Of Deferred Taxes Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PresentValueOfDeferredTaxesLiabilities" xlink:href="itub-20251231.xsd#itub_PresentValueOfDeferredTaxesLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PresentValueOfDeferredTaxesLiabilities" xlink:to="lab_itub_PresentValueOfDeferredTaxesLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_currency_CLP_ebf8dc78-76fd-4fe1-ab9a-b3349845d9f0_terseLabel_en-US" xlink:label="lab_currency_CLP" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subordinated bonds - CLP</link:label>
    <link:label id="lab_currency_CLP_label_en-US" xlink:label="lab_currency_CLP" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Chile, Pesos</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_currency_CLP" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_CLP"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_CLP" xlink:to="lab_currency_CLP" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LevelsOfFairValueHierarchyAxis_f24f091d-45d4-4d54-aeca-8d4fe6773c63_terseLabel_en-US" xlink:label="lab_ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Levels of fair value hierarchy [axis]</link:label>
    <link:label id="lab_ifrs-full_LevelsOfFairValueHierarchyAxis_label_en-US" xlink:label="lab_ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Levels of fair value hierarchy [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LevelsOfFairValueHierarchyAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:to="lab_ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FundsFromAcceptancesAndIssuanceOfSecurities_019d987e-3615-7b82-b9c0-f6c6102b4c77_negatedTerseLabel_en-US" xlink:label="lab_itub_FundsFromAcceptancesAndIssuanceOfSecurities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Debt instruments</link:label>
    <link:label id="lab_itub_FundsFromAcceptancesAndIssuanceOfSecurities_4484c47f-aaed-447a-8830-83508dd864ae_verboseLabel_en-US" xlink:label="lab_itub_FundsFromAcceptancesAndIssuanceOfSecurities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Interbank market funds</link:label>
    <link:label id="lab_itub_FundsFromAcceptancesAndIssuanceOfSecurities_label_en-US" xlink:label="lab_itub_FundsFromAcceptancesAndIssuanceOfSecurities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Funds From Acceptances And Issuance Of Securities</link:label>
    <link:label id="lab_itub_FundsFromAcceptancesAndIssuanceOfSecurities_documentation_en-US" xlink:label="lab_itub_FundsFromAcceptancesAndIssuanceOfSecurities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Funds From Acceptances And Issuance Of Securities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FundsFromAcceptancesAndIssuanceOfSecurities" xlink:href="itub-20251231.xsd#itub_FundsFromAcceptancesAndIssuanceOfSecurities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FundsFromAcceptancesAndIssuanceOfSecurities" xlink:to="lab_itub_FundsFromAcceptancesAndIssuanceOfSecurities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EquityAttributableToOwnersOfParentMember_e88741cb-df2e-4744-a4aa-611ba4ea4ce9_terseLabel_en-US" xlink:label="lab_ifrs-full_EquityAttributableToOwnersOfParentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total stockholders&#8217; equity &#8211; owners of the parent company</link:label>
    <link:label id="lab_ifrs-full_EquityAttributableToOwnersOfParentMember_label_en-US" xlink:label="lab_ifrs-full_EquityAttributableToOwnersOfParentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity attributable to owners of parent [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EquityAttributableToOwnersOfParentMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EquityAttributableToOwnersOfParentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityAttributableToOwnersOfParentMember" xlink:to="lab_ifrs-full_EquityAttributableToOwnersOfParentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RecognizedInOtherComprehensiveIncome_34b3cfcb-2d0d-4155-adf9-b69f51071a8e_terseLabel_en-US" xlink:label="lab_itub_RecognizedInOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Recognized in other comprehensive income</link:label>
    <link:label id="lab_itub_RecognizedInOtherComprehensiveIncome_label_en-US" xlink:label="lab_itub_RecognizedInOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Recognized In Other Comprehensive Income</link:label>
    <link:label id="lab_itub_RecognizedInOtherComprehensiveIncome_documentation_en-US" xlink:label="lab_itub_RecognizedInOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Recognized In Other Comprehensive Income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RecognizedInOtherComprehensiveIncome" xlink:href="itub-20251231.xsd#itub_RecognizedInOtherComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RecognizedInOtherComprehensiveIncome" xlink:to="lab_itub_RecognizedInOtherComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherNonfinancialLiabilitiesMember_b8bb7c34-e6be-4882-ab14-926ffc9da3ba_terseLabel_en-US" xlink:label="lab_itub_OtherNonfinancialLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_itub_OtherNonfinancialLiabilitiesMember_label_en-US" xlink:label="lab_itub_OtherNonfinancialLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Nonfinancial Liabilities [Member]</link:label>
    <link:label id="lab_itub_OtherNonfinancialLiabilitiesMember_documentation_en-US" xlink:label="lab_itub_OtherNonfinancialLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Nonfinancial Liabilities [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherNonfinancialLiabilitiesMember" xlink:href="itub-20251231.xsd#itub_OtherNonfinancialLiabilitiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherNonfinancialLiabilitiesMember" xlink:to="lab_itub_OtherNonfinancialLiabilitiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SubordinatedDebttierICapitalMember_3c443565-830e-4b17-8390-cd2a51d0062d_terseLabel_en-US" xlink:label="lab_itub_SubordinatedDebttierICapitalMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subordinated Debttier I Capital</link:label>
    <link:label id="lab_itub_SubordinatedDebttierICapitalMember_label_en-US" xlink:label="lab_itub_SubordinatedDebttierICapitalMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subordinated Debttier I Capital [Member]</link:label>
    <link:label id="lab_itub_SubordinatedDebttierICapitalMember_documentation_en-US" xlink:label="lab_itub_SubordinatedDebttierICapitalMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Subordinated Debttier I Capital [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SubordinatedDebttierICapitalMember" xlink:href="itub-20251231.xsd#itub_SubordinatedDebttierICapitalMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SubordinatedDebttierICapitalMember" xlink:to="lab_itub_SubordinatedDebttierICapitalMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DerivativesAssetsTotalGainsOrLossesUnrealized_3e852cc4-be91-41fa-afd8-88abed92162b_terseLabel_en-US" xlink:label="lab_itub_DerivativesAssetsTotalGainsOrLossesUnrealized" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivatives assets, Total gains or losses (unrealized)</link:label>
    <link:label id="lab_itub_DerivativesAssetsTotalGainsOrLossesUnrealized_label_en-US" xlink:label="lab_itub_DerivativesAssetsTotalGainsOrLossesUnrealized" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivatives Assets, Total Gains Or Losses (Unrealized)</link:label>
    <link:label id="lab_itub_DerivativesAssetsTotalGainsOrLossesUnrealized_documentation_en-US" xlink:label="lab_itub_DerivativesAssetsTotalGainsOrLossesUnrealized" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Derivatives Assets, Total Gains Or Losses (Unrealized)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DerivativesAssetsTotalGainsOrLossesUnrealized" xlink:href="itub-20251231.xsd#itub_DerivativesAssetsTotalGainsOrLossesUnrealized"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DerivativesAssetsTotalGainsOrLossesUnrealized" xlink:to="lab_itub_DerivativesAssetsTotalGainsOrLossesUnrealized" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AccumulatedPaymentsThroughBaseDate_3dc0c32a-cdde-47e5-9e20-da5115bbcdeb_terseLabel_en-US" xlink:label="lab_itub_AccumulatedPaymentsThroughBaseDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated payments through base date</link:label>
    <link:label id="lab_itub_AccumulatedPaymentsThroughBaseDate_label_en-US" xlink:label="lab_itub_AccumulatedPaymentsThroughBaseDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated Payments Through Base Date</link:label>
    <link:label id="lab_itub_AccumulatedPaymentsThroughBaseDate_documentation_en-US" xlink:label="lab_itub_AccumulatedPaymentsThroughBaseDate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Accumulated Payments Through Base Date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AccumulatedPaymentsThroughBaseDate" xlink:href="itub-20251231.xsd#itub_AccumulatedPaymentsThroughBaseDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AccumulatedPaymentsThroughBaseDate" xlink:to="lab_itub_AccumulatedPaymentsThroughBaseDate" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherDepositsMember_019cb911-0188-7e17-880e-d0b0b3698231_verboseLabel_en-US" xlink:label="lab_itub_OtherDepositsMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_itub_OtherDepositsMember_7304bfd1-1952-4f9b-a5bb-7c7ac65b7510_terseLabel_en-US" xlink:label="lab_itub_OtherDepositsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other deposits</link:label>
    <link:label id="lab_itub_OtherDepositsMember_label_en-US" xlink:label="lab_itub_OtherDepositsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Deposits [Member]</link:label>
    <link:label id="lab_itub_OtherDepositsMember_documentation_en-US" xlink:label="lab_itub_OtherDepositsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Deposits [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherDepositsMember" xlink:href="itub-20251231.xsd#itub_OtherDepositsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherDepositsMember" xlink:to="lab_itub_OtherDepositsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IndividualAssetsOrCashgeneratingUnitsDomain_fc1bede8-f616-411e-ae02-57f8c3ff5090_terseLabel_en-US" xlink:label="lab_ifrs-full_IndividualAssetsOrCashgeneratingUnitsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Individual assets or cash-generating units [domain]</link:label>
    <link:label id="lab_ifrs-full_IndividualAssetsOrCashgeneratingUnitsDomain_label_en-US" xlink:label="lab_ifrs-full_IndividualAssetsOrCashgeneratingUnitsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Individual assets or cash-generating units [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IndividualAssetsOrCashgeneratingUnitsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IndividualAssetsOrCashgeneratingUnitsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IndividualAssetsOrCashgeneratingUnitsDomain" xlink:to="lab_ifrs-full_IndividualAssetsOrCashgeneratingUnitsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LiabilitiesRecognizedInTheBalanceSheet_47f6032c-54ca-4b2f-9a99-468e921027f7_terseLabel_en-US" xlink:label="lab_itub_LiabilitiesRecognizedInTheBalanceSheet" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities recognized in the balance sheet</link:label>
    <link:label id="lab_itub_LiabilitiesRecognizedInTheBalanceSheet_label_en-US" xlink:label="lab_itub_LiabilitiesRecognizedInTheBalanceSheet" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities Recognized In The Balance Sheet</link:label>
    <link:label id="lab_itub_LiabilitiesRecognizedInTheBalanceSheet_documentation_en-US" xlink:label="lab_itub_LiabilitiesRecognizedInTheBalanceSheet" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Liabilities Recognized In The Balance Sheet</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LiabilitiesRecognizedInTheBalanceSheet" xlink:href="itub-20251231.xsd#itub_LiabilitiesRecognizedInTheBalanceSheet"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LiabilitiesRecognizedInTheBalanceSheet" xlink:to="lab_itub_LiabilitiesRecognizedInTheBalanceSheet" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CreditDerivativeBookValue_8d90d8c3-d83a-4074-a1ca-9dfdc864260c_terseLabel_en-US" xlink:label="lab_itub_CreditDerivativeBookValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gross book value</link:label>
    <link:label id="lab_itub_CreditDerivativeBookValue_label_en-US" xlink:label="lab_itub_CreditDerivativeBookValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Derivative, Book Value</link:label>
    <link:label id="lab_itub_CreditDerivativeBookValue_documentation_en-US" xlink:label="lab_itub_CreditDerivativeBookValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Credit Derivative, Book Value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CreditDerivativeBookValue" xlink:href="itub-20251231.xsd#itub_CreditDerivativeBookValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CreditDerivativeBookValue" xlink:to="lab_itub_CreditDerivativeBookValue" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsLineItems_9590a2d8-071e-49c6-9423-4e9c0c3ac47d_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about hedged items [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about hedged items [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsLineItems" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IncomeTaxAndSocialContributionDeferredLiabilities_e3b06782-9c67-4ee6-b037-e832281bfed5_verboseLabel_en-US" xlink:label="lab_itub_IncomeTaxAndSocialContributionDeferredLiabilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Income tax and social contribution - deferred</link:label>
    <link:label id="lab_itub_IncomeTaxAndSocialContributionDeferredLiabilities_label_en-US" xlink:label="lab_itub_IncomeTaxAndSocialContributionDeferredLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">IncomeTaxAndSocialContributionDeferredLiabilities</link:label>
    <link:label id="lab_itub_IncomeTaxAndSocialContributionDeferredLiabilities_documentation_en-US" xlink:label="lab_itub_IncomeTaxAndSocialContributionDeferredLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">IncomeTaxAndSocialContributionDeferredLiabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IncomeTaxAndSocialContributionDeferredLiabilities" xlink:href="itub-20251231.xsd#itub_IncomeTaxAndSocialContributionDeferredLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IncomeTaxAndSocialContributionDeferredLiabilities" xlink:to="lab_itub_IncomeTaxAndSocialContributionDeferredLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FundsFromOwnIssue_c5a25445-ab33-4e10-b53a-08d758b7e04c_terseLabel_en-US" xlink:label="lab_itub_FundsFromOwnIssue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Funds from own issue</link:label>
    <link:label id="lab_itub_FundsFromOwnIssue_label_en-US" xlink:label="lab_itub_FundsFromOwnIssue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Funds From Own Issue</link:label>
    <link:label id="lab_itub_FundsFromOwnIssue_documentation_en-US" xlink:label="lab_itub_FundsFromOwnIssue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Funds From Own Issue</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FundsFromOwnIssue" xlink:href="itub-20251231.xsd#itub_FundsFromOwnIssue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FundsFromOwnIssue" xlink:to="lab_itub_FundsFromOwnIssue" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CreditDerivativesMember_1a326a9f-6da5-4bb8-9d7d-50067c17f5fa_terseLabel_en-US" xlink:label="lab_itub_CreditDerivativesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit derivatives</link:label>
    <link:label id="lab_itub_CreditDerivativesMember_label_en-US" xlink:label="lab_itub_CreditDerivativesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Derivatives [Member]</link:label>
    <link:label id="lab_itub_CreditDerivativesMember_documentation_en-US" xlink:label="lab_itub_CreditDerivativesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Credit Derivatives [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CreditDerivativesMember" xlink:href="itub-20251231.xsd#itub_CreditDerivativesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CreditDerivativesMember" xlink:to="lab_itub_CreditDerivativesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TotalReservesAtParentCompany_019da96c-88cc-78ec-8a2d-b37e5bb5a9cc_totalLabel_en-US" xlink:label="lab_itub_TotalReservesAtParentCompany" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total reserves at parent company</link:label>
    <link:label id="lab_itub_TotalReservesAtParentCompany_label_en-US" xlink:label="lab_itub_TotalReservesAtParentCompany" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Reserves At Parent Company</link:label>
    <link:label id="lab_itub_TotalReservesAtParentCompany_documentation_en-US" xlink:label="lab_itub_TotalReservesAtParentCompany" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total Reserves At Parent Company</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TotalReservesAtParentCompany" xlink:href="itub-20251231.xsd#itub_TotalReservesAtParentCompany"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TotalReservesAtParentCompany" xlink:to="lab_itub_TotalReservesAtParentCompany" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityCentralIndexKey_1209cf30-b1bf-4c4b-84b2-c24211d05331_terseLabel_en-US" xlink:label="lab_dei_EntityCentralIndexKey" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:label id="lab_dei_EntityCentralIndexKey_label_en-US" xlink:label="lab_dei_EntityCentralIndexKey" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCentralIndexKey" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCentralIndexKey"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCentralIndexKey" xlink:to="lab_dei_EntityCentralIndexKey" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DeferredIncomeTaxAndSocialContribution_d0b5f932-50fd-4d2f-a15b-36ae0c8a3522_terseLabel_en-US" xlink:label="lab_itub_DeferredIncomeTaxAndSocialContribution" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred income tax and social contribution</link:label>
    <link:label id="lab_itub_DeferredIncomeTaxAndSocialContribution_label_en-US" xlink:label="lab_itub_DeferredIncomeTaxAndSocialContribution" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred income tax and social contribution</link:label>
    <link:label id="lab_itub_DeferredIncomeTaxAndSocialContribution_documentation_en-US" xlink:label="lab_itub_DeferredIncomeTaxAndSocialContribution" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred income tax and social contribution</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DeferredIncomeTaxAndSocialContribution" xlink:href="itub-20251231.xsd#itub_DeferredIncomeTaxAndSocialContribution"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DeferredIncomeTaxAndSocialContribution" xlink:to="lab_itub_DeferredIncomeTaxAndSocialContribution" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TotalInsuranceContractsAndPrivatePension_019dac8e-736f-71d9-ade3-41862b52031d_totalLabel_en-US" xlink:label="lab_itub_TotalInsuranceContractsAndPrivatePension" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total Insurance contracts and private pension</link:label>
    <link:label id="lab_itub_TotalInsuranceContractsAndPrivatePension_label_en-US" xlink:label="lab_itub_TotalInsuranceContractsAndPrivatePension" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Insurance Contracts And Private Pension</link:label>
    <link:label id="lab_itub_TotalInsuranceContractsAndPrivatePension_documentation_en-US" xlink:label="lab_itub_TotalInsuranceContractsAndPrivatePension" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total Insurance Contracts And Private Pension</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TotalInsuranceContractsAndPrivatePension" xlink:href="itub-20251231.xsd#itub_TotalInsuranceContractsAndPrivatePension"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TotalInsuranceContractsAndPrivatePension" xlink:to="lab_itub_TotalInsuranceContractsAndPrivatePension" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RevenueFromPrivatePension_d0fbb67f-4378-43b1-a08e-80c9a1b042ef_terseLabel_en-US" xlink:label="lab_itub_RevenueFromPrivatePension" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue from private pension</link:label>
    <link:label id="lab_itub_RevenueFromPrivatePension_label_en-US" xlink:label="lab_itub_RevenueFromPrivatePension" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue From Private Pension</link:label>
    <link:label id="lab_itub_RevenueFromPrivatePension_documentation_en-US" xlink:label="lab_itub_RevenueFromPrivatePension" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Revenue From Private Pension</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RevenueFromPrivatePension" xlink:href="itub-20251231.xsd#itub_RevenueFromPrivatePension"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RevenueFromPrivatePension" xlink:to="lab_itub_RevenueFromPrivatePension" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PostEmploymentBenefits1Member_3085640d-2c72-44f5-9d40-db670b460db9_terseLabel_en-US" xlink:label="lab_itub_PostEmploymentBenefits1Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Post-employment benefits</link:label>
    <link:label id="lab_itub_PostEmploymentBenefits1Member_label_en-US" xlink:label="lab_itub_PostEmploymentBenefits1Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Post Employment Benefits 1 [Member]</link:label>
    <link:label id="lab_itub_PostEmploymentBenefits1Member_documentation_en-US" xlink:label="lab_itub_PostEmploymentBenefits1Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Post Employment Benefits 1 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PostEmploymentBenefits1Member" xlink:href="itub-20251231.xsd#itub_PostEmploymentBenefits1Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PostEmploymentBenefits1Member" xlink:to="lab_itub_PostEmploymentBenefits1Member" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinanceLeaseIncome_b614e863-338b-476c-a885-c8e45b5419bb_totalLabel_en-US" xlink:label="lab_itub_FinanceLeaseIncome" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_itub_FinanceLeaseIncome_label_en-US" xlink:label="lab_itub_FinanceLeaseIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finance Lease Income</link:label>
    <link:label id="lab_itub_FinanceLeaseIncome_documentation_en-US" xlink:label="lab_itub_FinanceLeaseIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Finance Lease Income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinanceLeaseIncome" xlink:href="itub-20251231.xsd#itub_FinanceLeaseIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinanceLeaseIncome" xlink:to="lab_itub_FinanceLeaseIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SoftwareAcquisitionMember_3edaf64f-cb9b-4bb6-827b-b5e13e448140_terseLabel_en-US" xlink:label="lab_itub_SoftwareAcquisitionMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Software acquired</link:label>
    <link:label id="lab_itub_SoftwareAcquisitionMember_label_en-US" xlink:label="lab_itub_SoftwareAcquisitionMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Software Acquisition [Member]</link:label>
    <link:label id="lab_itub_SoftwareAcquisitionMember_documentation_en-US" xlink:label="lab_itub_SoftwareAcquisitionMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Software Acquisition [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SoftwareAcquisitionMember" xlink:href="itub-20251231.xsd#itub_SoftwareAcquisitionMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SoftwareAcquisitionMember" xlink:to="lab_itub_SoftwareAcquisitionMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainsLossesOnCashFlowHedgesBeforeTax_70e2bdab-54cf-4f5b-8b50-598d641b2d49_verboseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnCashFlowHedgesBeforeTax" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Change in fair value</link:label>
    <link:label id="lab_ifrs-full_GainsLossesOnCashFlowHedgesBeforeTax_label_en-US" xlink:label="lab_ifrs-full_GainsLossesOnCashFlowHedgesBeforeTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (losses) on cash flow hedges, before tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesOnCashFlowHedgesBeforeTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesOnCashFlowHedgesBeforeTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesOnCashFlowHedgesBeforeTax" xlink:to="lab_ifrs-full_GainsLossesOnCashFlowHedgesBeforeTax" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PrexHoldingLLCMember_1e2cd166-8028-43df-b611-977f7b24a57a_terseLabel_en-US" xlink:label="lab_itub_PrexHoldingLLCMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Prex Holding LLC</link:label>
    <link:label id="lab_itub_PrexHoldingLLCMember_label_en-US" xlink:label="lab_itub_PrexHoldingLLCMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Prex Holding L L C [Member]</link:label>
    <link:label id="lab_itub_PrexHoldingLLCMember_documentation_en-US" xlink:label="lab_itub_PrexHoldingLLCMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Prex Holding L L C [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PrexHoldingLLCMember" xlink:href="itub-20251231.xsd#itub_PrexHoldingLLCMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PrexHoldingLLCMember" xlink:to="lab_itub_PrexHoldingLLCMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LegalEntitiesOfCapitalizationAndCreditFinancingAndInvestmentCompaniesMember_019c942a-d656-7d52-b72a-a94f8d76919f_terseLabel_en-US" xlink:label="lab_itub_LegalEntitiesOfCapitalizationAndCreditFinancingAndInvestmentCompaniesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Legal Entities of Capitalization and Credit, Financing and Investment Companies</link:label>
    <link:label id="lab_itub_LegalEntitiesOfCapitalizationAndCreditFinancingAndInvestmentCompaniesMember_label_en-US" xlink:label="lab_itub_LegalEntitiesOfCapitalizationAndCreditFinancingAndInvestmentCompaniesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Legal Entities Of Capitalization And Credit, Financing And Investment Companies [Member]</link:label>
    <link:label id="lab_itub_LegalEntitiesOfCapitalizationAndCreditFinancingAndInvestmentCompaniesMember_documentation_en-US" xlink:label="lab_itub_LegalEntitiesOfCapitalizationAndCreditFinancingAndInvestmentCompaniesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Legal Entities Of Capitalization And Credit, Financing And Investment Companies</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LegalEntitiesOfCapitalizationAndCreditFinancingAndInvestmentCompaniesMember" xlink:href="itub-20251231.xsd#itub_LegalEntitiesOfCapitalizationAndCreditFinancingAndInvestmentCompaniesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LegalEntitiesOfCapitalizationAndCreditFinancingAndInvestmentCompaniesMember" xlink:to="lab_itub_LegalEntitiesOfCapitalizationAndCreditFinancingAndInvestmentCompaniesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScenarioOneMember_4b31d559-e97b-48c7-bb37-dd5617d97214_terseLabel_en-US" xlink:label="lab_itub_ScenarioOneMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Scenario I</link:label>
    <link:label id="lab_itub_ScenarioOneMember_label_en-US" xlink:label="lab_itub_ScenarioOneMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Scenario One [Member]</link:label>
    <link:label id="lab_itub_ScenarioOneMember_documentation_en-US" xlink:label="lab_itub_ScenarioOneMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Scenario One [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScenarioOneMember" xlink:href="itub-20251231.xsd#itub_ScenarioOneMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScenarioOneMember" xlink:to="lab_itub_ScenarioOneMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InsuranceAndPrivatePension_bb144a9d-49b5-4692-9f58-57728bec28ab_totalLabel_en-US" xlink:label="lab_itub_InsuranceAndPrivatePension" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_itub_InsuranceAndPrivatePension_label_en-US" xlink:label="lab_itub_InsuranceAndPrivatePension" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Insurance And Private Pension</link:label>
    <link:label id="lab_itub_InsuranceAndPrivatePension_documentation_en-US" xlink:label="lab_itub_InsuranceAndPrivatePension" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Insurance And Private Pension</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InsuranceAndPrivatePension" xlink:href="itub-20251231.xsd#itub_InsuranceAndPrivatePension"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InsuranceAndPrivatePension" xlink:to="lab_itub_InsuranceAndPrivatePension" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfCommissionsAndBankingFeesTableTextBlock_f4291221-afae-4b51-8bae-80dd8d292bc9_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfCommissionsAndBankingFeesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Commissions and Banking Fees</link:label>
    <link:label id="lab_itub_ScheduleOfCommissionsAndBankingFeesTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfCommissionsAndBankingFeesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Commissions And Banking Fees [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfCommissionsAndBankingFeesTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfCommissionsAndBankingFeesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Commissions And Banking Fees</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfCommissionsAndBankingFeesTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfCommissionsAndBankingFeesTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfCommissionsAndBankingFeesTableTextBlock" xlink:to="lab_itub_ScheduleOfCommissionsAndBankingFeesTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AdjustmentsForOtherTaxAssets_0409a9f4-dc02-4ec6-bc02-ab19a411b354_terseLabel_en-US" xlink:label="lab_itub_AdjustmentsForOtherTaxAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Tax assets</link:label>
    <link:label id="lab_itub_AdjustmentsForOtherTaxAssets_label_en-US" xlink:label="lab_itub_AdjustmentsForOtherTaxAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other tax assets</link:label>
    <link:label id="lab_itub_AdjustmentsForOtherTaxAssets_documentation_en-US" xlink:label="lab_itub_AdjustmentsForOtherTaxAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other tax assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AdjustmentsForOtherTaxAssets" xlink:href="itub-20251231.xsd#itub_AdjustmentsForOtherTaxAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AdjustmentsForOtherTaxAssets" xlink:to="lab_itub_AdjustmentsForOtherTaxAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ForeignLoansLatinAmericaConsolidatedStageMember_22e3aea9-2fa9-4376-a894-bcebf6582cf8_terseLabel_en-US" xlink:label="lab_itub_ForeignLoansLatinAmericaConsolidatedStageMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign units Latin America</link:label>
    <link:label id="lab_itub_ForeignLoansLatinAmericaConsolidatedStageMember_label_en-US" xlink:label="lab_itub_ForeignLoansLatinAmericaConsolidatedStageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Foreign Loans Latin America Consolidated Stage [Member]</link:label>
    <link:label id="lab_itub_ForeignLoansLatinAmericaConsolidatedStageMember_documentation_en-US" xlink:label="lab_itub_ForeignLoansLatinAmericaConsolidatedStageMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Foreign Loans Latin America Consolidated Stage [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ForeignLoansLatinAmericaConsolidatedStageMember" xlink:href="itub-20251231.xsd#itub_ForeignLoansLatinAmericaConsolidatedStageMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ForeignLoansLatinAmericaConsolidatedStageMember" xlink:to="lab_itub_ForeignLoansLatinAmericaConsolidatedStageMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IncomeTaxAndSocialContributionCurrentLiabilities_9cf5261c-77b3-4119-b8d5-f3cd2c1202ee_verboseLabel_en-US" xlink:label="lab_itub_IncomeTaxAndSocialContributionCurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Income tax and social contribution - current</link:label>
    <link:label id="lab_itub_IncomeTaxAndSocialContributionCurrentLiabilities_label_en-US" xlink:label="lab_itub_IncomeTaxAndSocialContributionCurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">IncomeTaxAndSocialContributionCurrentLiabilities</link:label>
    <link:label id="lab_itub_IncomeTaxAndSocialContributionCurrentLiabilities_documentation_en-US" xlink:label="lab_itub_IncomeTaxAndSocialContributionCurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">IncomeTaxAndSocialContributionCurrentLiabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IncomeTaxAndSocialContributionCurrentLiabilities" xlink:href="itub-20251231.xsd#itub_IncomeTaxAndSocialContributionCurrentLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IncomeTaxAndSocialContributionCurrentLiabilities" xlink:to="lab_itub_IncomeTaxAndSocialContributionCurrentLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_MarketRiskAxis_f99f9c2a-fc8e-47c8-801d-21b079cffdbc_terseLabel_en-US" xlink:label="lab_itub_MarketRiskAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Market Risk [Axis]</link:label>
    <link:label id="lab_itub_MarketRiskAxis_label_en-US" xlink:label="lab_itub_MarketRiskAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Market Risk [Axis]</link:label>
    <link:label id="lab_itub_MarketRiskAxis_documentation_en-US" xlink:label="lab_itub_MarketRiskAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Market Risk [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_MarketRiskAxis" xlink:href="itub-20251231.xsd#itub_MarketRiskAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_MarketRiskAxis" xlink:to="lab_itub_MarketRiskAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestOnCapitalCreditedMember_04bc68c3-bfad-4b93-bc6d-d4b541723690_terseLabel_en-US" xlink:label="lab_itub_InterestOnCapitalCreditedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest On Capital Credited</link:label>
    <link:label id="lab_itub_InterestOnCapitalCreditedMember_label_en-US" xlink:label="lab_itub_InterestOnCapitalCreditedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest On Capital Credited [Member]</link:label>
    <link:label id="lab_itub_InterestOnCapitalCreditedMember_documentation_en-US" xlink:label="lab_itub_InterestOnCapitalCreditedMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest On Capital Credited [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestOnCapitalCreditedMember" xlink:href="itub-20251231.xsd#itub_InterestOnCapitalCreditedMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestOnCapitalCreditedMember" xlink:to="lab_itub_InterestOnCapitalCreditedMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfLeasesExplanatory_005bf8c1-be93-4555-9408-dce320347220_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfLeasesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Lease operations - Lessee</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfLeasesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfLeasesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of leases [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfLeasesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfLeasesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfLeasesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfLeasesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BenefitsPaidOrPayable_2ae6e06b-56ec-49e7-a017-ddb3dbc047c6_terseLabel_en-US" xlink:label="lab_ifrs-full_BenefitsPaidOrPayable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">9 - Benefits paid</link:label>
    <link:label id="lab_ifrs-full_BenefitsPaidOrPayable_label_en-US" xlink:label="lab_ifrs-full_BenefitsPaidOrPayable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Benefits paid or payable</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BenefitsPaidOrPayable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BenefitsPaidOrPayable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BenefitsPaidOrPayable" xlink:to="lab_ifrs-full_BenefitsPaidOrPayable" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ForeignLoansInLatinAmericaMember_019d6adb-c700-7aae-852e-d455634d0d09_terseLabel_en-US" xlink:label="lab_itub_ForeignLoansInLatinAmericaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign Loans In Latin America</link:label>
    <link:label id="lab_itub_ForeignLoansInLatinAmericaMember_label_en-US" xlink:label="lab_itub_ForeignLoansInLatinAmericaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Foreign Loans In Latin America [Member]</link:label>
    <link:label id="lab_itub_ForeignLoansInLatinAmericaMember_documentation_en-US" xlink:label="lab_itub_ForeignLoansInLatinAmericaMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Foreign Loans In Latin America</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ForeignLoansInLatinAmericaMember" xlink:href="itub-20251231.xsd#itub_ForeignLoansInLatinAmericaMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ForeignLoansInLatinAmericaMember" xlink:to="lab_itub_ForeignLoansInLatinAmericaMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DebenturesMember_a7ce3911-bd66-4947-b838-d69399fe0857_terseLabel_en-US" xlink:label="lab_itub_DebenturesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debentures</link:label>
    <link:label id="lab_itub_DebenturesMember_019c74f9-2751-7c68-b67a-0d70e96e9b24_verboseLabel_en-US" xlink:label="lab_itub_DebenturesMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Debentures</link:label>
    <link:label id="lab_itub_DebenturesMember_label_en-US" xlink:label="lab_itub_DebenturesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debentures [member]</link:label>
    <link:label id="lab_itub_DebenturesMember_documentation_en-US" xlink:label="lab_itub_DebenturesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debentures.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DebenturesMember" xlink:href="itub-20251231.xsd#itub_DebenturesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DebenturesMember" xlink:to="lab_itub_DebenturesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialGuaranteeAmount_e222be19-cda7-439f-9991-12ac3c962a37_terseLabel_en-US" xlink:label="lab_itub_FinancialGuaranteeAmount" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial guarantee amount</link:label>
    <link:label id="lab_itub_FinancialGuaranteeAmount_label_en-US" xlink:label="lab_itub_FinancialGuaranteeAmount" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Guarantee Amount</link:label>
    <link:label id="lab_itub_FinancialGuaranteeAmount_documentation_en-US" xlink:label="lab_itub_FinancialGuaranteeAmount" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial Guarantee Amount</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialGuaranteeAmount" xlink:href="itub-20251231.xsd#itub_FinancialGuaranteeAmount"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialGuaranteeAmount" xlink:to="lab_itub_FinancialGuaranteeAmount" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AdjustmentOfEscrowDepositsAndProvisionsMember_9dc46bf4-4bcb-4736-a641-53706bda738c_terseLabel_en-US" xlink:label="lab_itub_AdjustmentOfEscrowDepositsAndProvisionsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjustment of deposits in guarantee and provisions</link:label>
    <link:label id="lab_itub_AdjustmentOfEscrowDepositsAndProvisionsMember_label_en-US" xlink:label="lab_itub_AdjustmentOfEscrowDepositsAndProvisionsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustment Of Escrow Deposits And Provisions [Member]</link:label>
    <link:label id="lab_itub_AdjustmentOfEscrowDepositsAndProvisionsMember_documentation_en-US" xlink:label="lab_itub_AdjustmentOfEscrowDepositsAndProvisionsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Adjustment Of Escrow Deposits And Provisions [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AdjustmentOfEscrowDepositsAndProvisionsMember" xlink:href="itub-20251231.xsd#itub_AdjustmentOfEscrowDepositsAndProvisionsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AdjustmentOfEscrowDepositsAndProvisionsMember" xlink:to="lab_itub_AdjustmentOfEscrowDepositsAndProvisionsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DibensLeasingArrendamentoMercantilMember_5ba5aebc-3a86-40b6-a0b2-a0d413ffbf25_terseLabel_en-US" xlink:label="lab_itub_DibensLeasingArrendamentoMercantilMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dibens Leasing S.A. - Arrendamento Mercantil</link:label>
    <link:label id="lab_itub_DibensLeasingArrendamentoMercantilMember_label_en-US" xlink:label="lab_itub_DibensLeasingArrendamentoMercantilMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dibens Leasing S.A. - Arrendamento Mercantil [Member]</link:label>
    <link:label id="lab_itub_DibensLeasingArrendamentoMercantilMember_documentation_en-US" xlink:label="lab_itub_DibensLeasingArrendamentoMercantilMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Dibens Leasing S.A. - Arrendamento Mercantil.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DibensLeasingArrendamentoMercantilMember" xlink:href="itub-20251231.xsd#itub_DibensLeasingArrendamentoMercantilMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DibensLeasingArrendamentoMercantilMember" xlink:to="lab_itub_DibensLeasingArrendamentoMercantilMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FixedAssetsAbstract_2478705e-7132-4ae3-a203-d3285779aaec_terseLabel_en-US" xlink:label="lab_itub_FixedAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fixed Assets</link:label>
    <link:label id="lab_itub_FixedAssetsAbstract_label_en-US" xlink:label="lab_itub_FixedAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fixed Assets [Abstract]</link:label>
    <link:label id="lab_itub_FixedAssetsAbstract_documentation_en-US" xlink:label="lab_itub_FixedAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fixed Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FixedAssetsAbstract" xlink:href="itub-20251231.xsd#itub_FixedAssetsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FixedAssetsAbstract" xlink:to="lab_itub_FixedAssetsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CreditRiskDomain_e716feab-7e39-4343-a31d-61b84fcac5d6_terseLabel_en-US" xlink:label="lab_itub_CreditRiskDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit Risk [Domain]</link:label>
    <link:label id="lab_itub_CreditRiskDomain_label_en-US" xlink:label="lab_itub_CreditRiskDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Risk [Domain]</link:label>
    <link:label id="lab_itub_CreditRiskDomain_documentation_en-US" xlink:label="lab_itub_CreditRiskDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Credit Risk</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CreditRiskDomain" xlink:href="itub-20251231.xsd#itub_CreditRiskDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CreditRiskDomain" xlink:to="lab_itub_CreditRiskDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatementOfCashFlowsAbstract_2051cfce-bb47-40e8-8e90-06871ea5fe9e_terseLabel_en-US" xlink:label="lab_ifrs-full_StatementOfCashFlowsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement of cash flows [abstract]</link:label>
    <link:label id="lab_ifrs-full_StatementOfCashFlowsAbstract_label_en-US" xlink:label="lab_ifrs-full_StatementOfCashFlowsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of cash flows [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfCashFlowsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfCashFlowsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfCashFlowsAbstract" xlink:to="lab_ifrs-full_StatementOfCashFlowsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeAttributableToNoncontrollingInterests_019d278f-24fb-791a-905c-bed65a913ee1_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive income of non-controlling interests</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeAttributableToNoncontrollingInterests_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income, attributable to non-controlling interests</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeAttributableToNoncontrollingInterests"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypeOfMeasurementOfExpectedCreditLossesAxis_1a28ea44-add1-456c-925c-6c416ca568f9_terseLabel_en-US" xlink:label="lab_ifrs-full_TypeOfMeasurementOfExpectedCreditLossesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Type of measurement of expected credit losses [axis]</link:label>
    <link:label id="lab_ifrs-full_TypeOfMeasurementOfExpectedCreditLossesAxis_label_en-US" xlink:label="lab_ifrs-full_TypeOfMeasurementOfExpectedCreditLossesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Type of measurement of expected credit losses [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypeOfMeasurementOfExpectedCreditLossesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypeOfMeasurementOfExpectedCreditLossesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypeOfMeasurementOfExpectedCreditLossesAxis" xlink:to="lab_ifrs-full_TypeOfMeasurementOfExpectedCreditLossesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DerivativeFinancialLiabilitiesAtFairValueThroughProfitOrLoss_019db973-5188-7060-845b-ffdcd4aba9ec_verboseLabel_en-US" xlink:label="lab_itub_DerivativeFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Derivatives</link:label>
    <link:label id="lab_itub_DerivativeFinancialLiabilitiesAtFairValueThroughProfitOrLoss_label_en-US" xlink:label="lab_itub_DerivativeFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Financial Liabilities At Fair Value Through Profit Or Loss</link:label>
    <link:label id="lab_itub_DerivativeFinancialLiabilitiesAtFairValueThroughProfitOrLoss_documentation_en-US" xlink:label="lab_itub_DerivativeFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Derivative Financial Liabilities At Fair Value Through Profit Or Loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DerivativeFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:href="itub-20251231.xsd#itub_DerivativeFinancialLiabilitiesAtFairValueThroughProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DerivativeFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:to="lab_itub_DerivativeFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForCurrentTaxOfPriorPeriod_e81d1004-81a2-47d1-8198-d5feb4afe2bc_negatedLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForCurrentTaxOfPriorPeriod" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Increase / (reversal) for the period</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForCurrentTaxOfPriorPeriod_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForCurrentTaxOfPriorPeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for current tax of prior periods</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForCurrentTaxOfPriorPeriod" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForCurrentTaxOfPriorPeriod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForCurrentTaxOfPriorPeriod" xlink:to="lab_ifrs-full_AdjustmentsForCurrentTaxOfPriorPeriod" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RealEstate1Member_5584e855-1e8d-46f1-a2df-93f7750f42a9_terseLabel_en-US" xlink:label="lab_itub_RealEstate1Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Real estate</link:label>
    <link:label id="lab_itub_RealEstate1Member_label_en-US" xlink:label="lab_itub_RealEstate1Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate 1 [Member]</link:label>
    <link:label id="lab_itub_RealEstate1Member_documentation_en-US" xlink:label="lab_itub_RealEstate1Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Real Estate 1 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RealEstate1Member" xlink:href="itub-20251231.xsd#itub_RealEstate1Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RealEstate1Member" xlink:to="lab_itub_RealEstate1Member" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherDerivativesMember_a7d808c5-8f3f-44ab-adcf-5830f8dfe2fc_terseLabel_en-US" xlink:label="lab_itub_OtherDerivativesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other derivatives</link:label>
    <link:label id="lab_itub_OtherDerivativesMember_label_en-US" xlink:label="lab_itub_OtherDerivativesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Derivatives [Member]</link:label>
    <link:label id="lab_itub_OtherDerivativesMember_documentation_en-US" xlink:label="lab_itub_OtherDerivativesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Derivatives [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherDerivativesMember" xlink:href="itub-20251231.xsd#itub_OtherDerivativesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherDerivativesMember" xlink:to="lab_itub_OtherDerivativesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FixedAssetsTextBlock_199214e1-15f9-422a-9864-d19827e908f0_terseLabel_en-US" xlink:label="lab_itub_FixedAssetsTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fixed assets</link:label>
    <link:label id="lab_itub_FixedAssetsTextBlock_label_en-US" xlink:label="lab_itub_FixedAssetsTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fixed Assets [Text Block]</link:label>
    <link:label id="lab_itub_FixedAssetsTextBlock_documentation_en-US" xlink:label="lab_itub_FixedAssetsTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fixed Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FixedAssetsTextBlock" xlink:href="itub-20251231.xsd#itub_FixedAssetsTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FixedAssetsTextBlock" xlink:to="lab_itub_FixedAssetsTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfProvisionMatrixTable_a09fb6a5-d899-496a-bb11-2503b02bc24a_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfProvisionMatrixTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of provision matrix [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfProvisionMatrixTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfProvisionMatrixTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of provision matrix [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfProvisionMatrixTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfProvisionMatrixTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfProvisionMatrixTable" xlink:to="lab_ifrs-full_DisclosureOfProvisionMatrixTable" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfCompositionOfDerivativesByIndexTableTextBlock_0fad14df-5875-48f4-95d8-c8c2b476fbe5_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfCompositionOfDerivativesByIndexTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule Of Composition Of Derivatives By Index</link:label>
    <link:label id="lab_itub_ScheduleOfCompositionOfDerivativesByIndexTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfCompositionOfDerivativesByIndexTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of composition of derivatives by index [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfCompositionOfDerivativesByIndexTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfCompositionOfDerivativesByIndexTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of composition of derivatives by index</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfCompositionOfDerivativesByIndexTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfCompositionOfDerivativesByIndexTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfCompositionOfDerivativesByIndexTableTextBlock" xlink:to="lab_itub_ScheduleOfCompositionOfDerivativesByIndexTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiability_019c7539-5812-7e6d-89c6-df6eb407d41c_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiability" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Own credit risk</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiability_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiability" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income, before tax, change in fair value of financial liability attributable to change in credit risk of liability</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeBeforeTaxChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiability" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeBeforeTaxChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiability"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeBeforeTaxChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiability" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiability" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_HedgeOfLoanOperationsMember_9aa0593d-e489-461e-b38e-e5685e749f00_terseLabel_en-US" xlink:label="lab_itub_HedgeOfLoanOperationsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hedge of loan operations</link:label>
    <link:label id="lab_itub_HedgeOfLoanOperationsMember_label_en-US" xlink:label="lab_itub_HedgeOfLoanOperationsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedge Of Loan Operations [Member]</link:label>
    <link:label id="lab_itub_HedgeOfLoanOperationsMember_documentation_en-US" xlink:label="lab_itub_HedgeOfLoanOperationsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Hedge Of Loan Operations [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_HedgeOfLoanOperationsMember" xlink:href="itub-20251231.xsd#itub_HedgeOfLoanOperationsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_HedgeOfLoanOperationsMember" xlink:to="lab_itub_HedgeOfLoanOperationsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OverAllAdjustedWeightedAverageShares_f2d95ba5-ef46-40f7-a963-29c2a42837d0_terseLabel_en-US" xlink:label="lab_itub_OverAllAdjustedWeightedAverageShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjusted weighted average of shares Common, Preferred (in shares)</link:label>
    <link:label id="lab_itub_OverAllAdjustedWeightedAverageShares_label_en-US" xlink:label="lab_itub_OverAllAdjustedWeightedAverageShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred</link:label>
    <link:label id="lab_itub_OverAllAdjustedWeightedAverageShares_documentation_en-US" xlink:label="lab_itub_OverAllAdjustedWeightedAverageShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Preferred</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OverAllAdjustedWeightedAverageShares" xlink:href="itub-20251231.xsd#itub_OverAllAdjustedWeightedAverageShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OverAllAdjustedWeightedAverageShares" xlink:to="lab_itub_OverAllAdjustedWeightedAverageShares" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestRevenueAndForeignExchangeIncomeForFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_e815f880-3f68-4256-9e7a-4be21f03caa5_negatedLabel_en-US" xlink:label="lab_itub_InterestRevenueAndForeignExchangeIncomeForFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Income from interest and foreign exchange variation of financial assets at fair value through other comprehensive income</link:label>
    <link:label id="lab_itub_InterestRevenueAndForeignExchangeIncomeForFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_label_en-US" xlink:label="lab_itub_InterestRevenueAndForeignExchangeIncomeForFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">InterestRevenueAndForeignExchangeIncomeForFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome</link:label>
    <link:label id="lab_itub_InterestRevenueAndForeignExchangeIncomeForFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_documentation_en-US" xlink:label="lab_itub_InterestRevenueAndForeignExchangeIncomeForFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">InterestRevenueAndForeignExchangeIncomeForFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestRevenueAndForeignExchangeIncomeForFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:href="itub-20251231.xsd#itub_InterestRevenueAndForeignExchangeIncomeForFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestRevenueAndForeignExchangeIncomeForFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:to="lab_itub_InterestRevenueAndForeignExchangeIncomeForFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CommoditiesIndexesAndSharesMember_b6c9f8d3-f59c-4d01-8b6b-c5ac304e9f02_terseLabel_en-US" xlink:label="lab_itub_CommoditiesIndexesAndSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commodities, Indexes and Shares</link:label>
    <link:label id="lab_itub_CommoditiesIndexesAndSharesMember_label_en-US" xlink:label="lab_itub_CommoditiesIndexesAndSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commodities Indexes And Shares [Member]</link:label>
    <link:label id="lab_itub_CommoditiesIndexesAndSharesMember_documentation_en-US" xlink:label="lab_itub_CommoditiesIndexesAndSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Commodities Indexes And Shares [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CommoditiesIndexesAndSharesMember" xlink:href="itub-20251231.xsd#itub_CommoditiesIndexesAndSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CommoditiesIndexesAndSharesMember" xlink:to="lab_itub_CommoditiesIndexesAndSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_BrokerageCommission_9ac5046b-ee9e-450c-a153-3ba51872711b_negatedLabel_en-US" xlink:label="lab_itub_BrokerageCommission" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Economic, financial and brokerage advisory</link:label>
    <link:label id="lab_itub_BrokerageCommission_label_en-US" xlink:label="lab_itub_BrokerageCommission" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Brokerage Commission</link:label>
    <link:label id="lab_itub_BrokerageCommission_documentation_en-US" xlink:label="lab_itub_BrokerageCommission" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Brokerage Commission</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_BrokerageCommission" xlink:href="itub-20251231.xsd#itub_BrokerageCommission"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_BrokerageCommission" xlink:to="lab_itub_BrokerageCommission" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FourPointThreeFivePercentageMember_af837456-9074-4612-920b-efe63a231c9a_terseLabel_en-US" xlink:label="lab_itub_FourPointThreeFivePercentageMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">4.35%</link:label>
    <link:label id="lab_itub_FourPointThreeFivePercentageMember_label_en-US" xlink:label="lab_itub_FourPointThreeFivePercentageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Four Point Three Five Percentage [Member]</link:label>
    <link:label id="lab_itub_FourPointThreeFivePercentageMember_documentation_en-US" xlink:label="lab_itub_FourPointThreeFivePercentageMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Four Point Three Five Percentage [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FourPointThreeFivePercentageMember" xlink:href="itub-20251231.xsd#itub_FourPointThreeFivePercentageMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FourPointThreeFivePercentageMember" xlink:to="lab_itub_FourPointThreeFivePercentageMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_After2Years_33c9105c-399e-4398-89ce-8dcfa2dba65a_terseLabel_en-US" xlink:label="lab_itub_After2Years" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">After 2 years</link:label>
    <link:label id="lab_itub_After2Years_label_en-US" xlink:label="lab_itub_After2Years" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">After 2 Years</link:label>
    <link:label id="lab_itub_After2Years_documentation_en-US" xlink:label="lab_itub_After2Years" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">After 2 Years</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_After2Years" xlink:href="itub-20251231.xsd#itub_After2Years"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_After2Years" xlink:to="lab_itub_After2Years" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CollectionCommissions_7dc7f33d-3cd5-49e4-b4f0-64d0b88e0620_negatedLabel_en-US" xlink:label="lab_itub_CollectionCommissions" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Payments and collections</link:label>
    <link:label id="lab_itub_CollectionCommissions_label_en-US" xlink:label="lab_itub_CollectionCommissions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Collection Commissions</link:label>
    <link:label id="lab_itub_CollectionCommissions_documentation_en-US" xlink:label="lab_itub_CollectionCommissions" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Collection Commissions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CollectionCommissions" xlink:href="itub-20251231.xsd#itub_CollectionCommissions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CollectionCommissions" xlink:to="lab_itub_CollectionCommissions" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherCurrentFinancialLiabilities_5e8e9dce-1371-442a-b18c-db2d0959488b_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherCurrentFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other current financial liabilities</link:label>
    <link:label id="lab_ifrs-full_OtherCurrentFinancialLiabilities_label_en-US" xlink:label="lab_ifrs-full_OtherCurrentFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other current financial liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherCurrentFinancialLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherCurrentFinancialLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherCurrentFinancialLiabilities" xlink:to="lab_ifrs-full_OtherCurrentFinancialLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ForeignCurrencyConversionReserve_57c00b18-4118-4125-af6e-95ffdcc3b642_terseLabel_en-US" xlink:label="lab_itub_ForeignCurrencyConversionReserve" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign currency conversion reserve</link:label>
    <link:label id="lab_itub_ForeignCurrencyConversionReserve_label_en-US" xlink:label="lab_itub_ForeignCurrencyConversionReserve" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Foreign currency conversion reserve</link:label>
    <link:label id="lab_itub_ForeignCurrencyConversionReserve_documentation_en-US" xlink:label="lab_itub_ForeignCurrencyConversionReserve" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Foreign currency conversion reserve</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ForeignCurrencyConversionReserve" xlink:href="itub-20251231.xsd#itub_ForeignCurrencyConversionReserve"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ForeignCurrencyConversionReserve" xlink:to="lab_itub_ForeignCurrencyConversionReserve" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialAssetsAvailableforsaleCategoryMember_93e760c8-ae24-49de-82b6-89f8fc52056b_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAvailableforsaleCategoryMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial assets at fair value through profit or loss</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAvailableforsaleCategoryMember_label_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAvailableforsaleCategoryMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets available-for-sale, category [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialAssetsAvailableforsaleCategoryMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssetsAvailableforsaleCategoryMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssetsAvailableforsaleCategoryMember" xlink:to="lab_ifrs-full_FinancialAssetsAvailableforsaleCategoryMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome_ec460ac0-5cd3-4fe6-87e8-452a83fcc4b4_negatedLabel_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Tax effect</link:label>
    <link:label id="lab_ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome_label_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income tax relating to cash flow hedges included in other comprehensive income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome" xlink:to="lab_ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InvestmentsInAssociatesAndJointVentures_48dcd8ed-2130-4a68-8561-6c011c3ff326_terseLabel_en-US" xlink:label="lab_itub_InvestmentsInAssociatesAndJointVentures" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments in associates and joint ventures</link:label>
    <link:label id="lab_itub_InvestmentsInAssociatesAndJointVentures_label_en-US" xlink:label="lab_itub_InvestmentsInAssociatesAndJointVentures" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments In Associates And Joint Ventures</link:label>
    <link:label id="lab_itub_InvestmentsInAssociatesAndJointVentures_documentation_en-US" xlink:label="lab_itub_InvestmentsInAssociatesAndJointVentures" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Investments In Associates And Joint Ventures</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InvestmentsInAssociatesAndJointVentures" xlink:href="itub-20251231.xsd#itub_InvestmentsInAssociatesAndJointVentures"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InvestmentsInAssociatesAndJointVentures" xlink:to="lab_itub_InvestmentsInAssociatesAndJointVentures" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_BonusShareIssuanceRatio_019dd543-64fd-7b91-bcce-ae2e3625d536_terseLabel_en-US" xlink:label="lab_itub_BonusShareIssuanceRatio" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bonus share issuance ratio</link:label>
    <link:label id="lab_itub_BonusShareIssuanceRatio_label_en-US" xlink:label="lab_itub_BonusShareIssuanceRatio" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Bonus Share Issuance Ratio</link:label>
    <link:label id="lab_itub_BonusShareIssuanceRatio_documentation_en-US" xlink:label="lab_itub_BonusShareIssuanceRatio" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Bonus Share Issuance Ratio</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_BonusShareIssuanceRatio" xlink:href="itub-20251231.xsd#itub_BonusShareIssuanceRatio"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_BonusShareIssuanceRatio" xlink:to="lab_itub_BonusShareIssuanceRatio" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FundingFromCustomers_019d9895-7174-782f-9487-77339ed75945_totalLabel_en-US" xlink:label="lab_itub_FundingFromCustomers" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_itub_FundingFromCustomers_label_en-US" xlink:label="lab_itub_FundingFromCustomers" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Funding From Customers</link:label>
    <link:label id="lab_itub_FundingFromCustomers_documentation_en-US" xlink:label="lab_itub_FundingFromCustomers" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Funding From Customers</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FundingFromCustomers" xlink:href="itub-20251231.xsd#itub_FundingFromCustomers"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FundingFromCustomers" xlink:to="lab_itub_FundingFromCustomers" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ContractualServiceMargin_d3fd25fc-1467-48aa-a754-79f0f6204951_terseLabel_en-US" xlink:label="lab_ifrs-full_ContractualServiceMargin" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contractual service margin</link:label>
    <link:label id="lab_ifrs-full_ContractualServiceMargin_label_en-US" xlink:label="lab_ifrs-full_ContractualServiceMargin" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contractual service margin</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ContractualServiceMargin" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ContractualServiceMargin"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ContractualServiceMargin" xlink:to="lab_ifrs-full_ContractualServiceMargin" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TotalGainsOrLossesRealizedUnrealizedRecognizedInTheResult_02da429e-efef-4327-a970-a45b4df2b73d_terseLabel_en-US" xlink:label="lab_itub_TotalGainsOrLossesRealizedUnrealizedRecognizedInTheResult" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivatives - assets, Total gains or losses (realized / unrealized), Income</link:label>
    <link:label id="lab_itub_TotalGainsOrLossesRealizedUnrealizedRecognizedInTheResult_label_en-US" xlink:label="lab_itub_TotalGainsOrLossesRealizedUnrealizedRecognizedInTheResult" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Gains Or Losses (Realized / Unrealized), Recognized In The Result</link:label>
    <link:label id="lab_itub_TotalGainsOrLossesRealizedUnrealizedRecognizedInTheResult_documentation_en-US" xlink:label="lab_itub_TotalGainsOrLossesRealizedUnrealizedRecognizedInTheResult" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total Gains Or Losses (Realized / Unrealized), Recognized In The Result</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TotalGainsOrLossesRealizedUnrealizedRecognizedInTheResult" xlink:href="itub-20251231.xsd#itub_TotalGainsOrLossesRealizedUnrealizedRecognizedInTheResult"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TotalGainsOrLossesRealizedUnrealizedRecognizedInTheResult" xlink:to="lab_itub_TotalGainsOrLossesRealizedUnrealizedRecognizedInTheResult" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_VehiclesLoansMember_54afa154-08b9-43b5-a3c6-e708c03b1c07_terseLabel_en-US" xlink:label="lab_itub_VehiclesLoansMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Vehicles</link:label>
    <link:label id="lab_itub_VehiclesLoansMember_label_en-US" xlink:label="lab_itub_VehiclesLoansMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Vehicles Loans [Member]</link:label>
    <link:label id="lab_itub_VehiclesLoansMember_documentation_en-US" xlink:label="lab_itub_VehiclesLoansMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Vehicles Loans [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_VehiclesLoansMember" xlink:href="itub-20251231.xsd#itub_VehiclesLoansMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_VehiclesLoansMember" xlink:to="lab_itub_VehiclesLoansMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncome_22a1ef11-0f4b-4866-bec6-12624b3d1264_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-current fair value</link:label>
    <link:label id="lab_ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncome_label_en-US" xlink:label="lab_ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current financial assets at fair value through other comprehensive income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:to="lab_ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PromissoryNotesMember_0e9633d3-5491-44e5-9579-8e8552699ae3_terseLabel_en-US" xlink:label="lab_itub_PromissoryNotesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Promissory and commercial notes</link:label>
    <link:label id="lab_itub_PromissoryNotesMember_label_en-US" xlink:label="lab_itub_PromissoryNotesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Promissory Notes [Member]</link:label>
    <link:label id="lab_itub_PromissoryNotesMember_documentation_en-US" xlink:label="lab_itub_PromissoryNotesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Promissory Notes [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PromissoryNotesMember" xlink:href="itub-20251231.xsd#itub_PromissoryNotesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PromissoryNotesMember" xlink:to="lab_itub_PromissoryNotesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EffectOfAssetCeilingMember_4dba2a4d-48d6-4e03-b580-f1fe6ec3f867_terseLabel_en-US" xlink:label="lab_ifrs-full_EffectOfAssetCeilingMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Asset ceiling</link:label>
    <link:label id="lab_ifrs-full_EffectOfAssetCeilingMember_label_en-US" xlink:label="lab_ifrs-full_EffectOfAssetCeilingMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effect of asset ceiling [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EffectOfAssetCeilingMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EffectOfAssetCeilingMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EffectOfAssetCeilingMember" xlink:to="lab_ifrs-full_EffectOfAssetCeilingMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ExpectedCreditLossesForFinancialGuaranteesCreditCommitmentsAndCreditsToBeReleasedMember_019d6af6-e424-7758-87e0-d2a6bd70940b_terseLabel_en-US" xlink:label="lab_itub_ExpectedCreditLossesForFinancialGuaranteesCreditCommitmentsAndCreditsToBeReleasedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expected Credit Losses For Financial Guarantees, Credit Commitments and Credits to Be Released</link:label>
    <link:label id="lab_itub_ExpectedCreditLossesForFinancialGuaranteesCreditCommitmentsAndCreditsToBeReleasedMember_label_en-US" xlink:label="lab_itub_ExpectedCreditLossesForFinancialGuaranteesCreditCommitmentsAndCreditsToBeReleasedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expected Credit Losses For Financial Guarantees, Credit Commitments and Credits to Be Released [Member]</link:label>
    <link:label id="lab_itub_ExpectedCreditLossesForFinancialGuaranteesCreditCommitmentsAndCreditsToBeReleasedMember_documentation_en-US" xlink:label="lab_itub_ExpectedCreditLossesForFinancialGuaranteesCreditCommitmentsAndCreditsToBeReleasedMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Expected Credit Losses For Financial Guarantees, Credit Commitments and Credits to Be Released</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ExpectedCreditLossesForFinancialGuaranteesCreditCommitmentsAndCreditsToBeReleasedMember" xlink:href="itub-20251231.xsd#itub_ExpectedCreditLossesForFinancialGuaranteesCreditCommitmentsAndCreditsToBeReleasedMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ExpectedCreditLossesForFinancialGuaranteesCreditCommitmentsAndCreditsToBeReleasedMember" xlink:to="lab_itub_ExpectedCreditLossesForFinancialGuaranteesCreditCommitmentsAndCreditsToBeReleasedMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentShellCompanyReport_a12f7127-896e-4d2f-a92f-acdc3e8f6a52_terseLabel_en-US" xlink:label="lab_dei_DocumentShellCompanyReport" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Shell Company Report</link:label>
    <link:label id="lab_dei_DocumentShellCompanyReport_label_en-US" xlink:label="lab_dei_DocumentShellCompanyReport" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Shell Company Report</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentShellCompanyReport" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentShellCompanyReport"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentShellCompanyReport" xlink:to="lab_dei_DocumentShellCompanyReport" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_EmployeeProfitSharing_c77766f5-3bef-4c79-88d0-caf5c2a42b61_negatedLabel_en-US" xlink:label="lab_itub_EmployeeProfitSharing" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Employees&#8217; profit sharing and share-based payment</link:label>
    <link:label id="lab_itub_EmployeeProfitSharing_label_en-US" xlink:label="lab_itub_EmployeeProfitSharing" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Profit Sharing</link:label>
    <link:label id="lab_itub_EmployeeProfitSharing_documentation_en-US" xlink:label="lab_itub_EmployeeProfitSharing" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Employee Profit Sharing</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_EmployeeProfitSharing" xlink:href="itub-20251231.xsd#itub_EmployeeProfitSharing"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_EmployeeProfitSharing" xlink:to="lab_itub_EmployeeProfitSharing" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CommitmentsReleased_ea37b1ab-3347-43ea-b603-4c7da58dea6a_negatedLabel_en-US" xlink:label="lab_itub_CommitmentsReleased" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">(-) Provision for expected credit loss</link:label>
    <link:label id="lab_itub_CommitmentsReleased_72e4ce66-11c2-4bab-ada0-f72c14655097_periodStartLabel_en-US" xlink:label="lab_itub_CommitmentsReleased" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance</link:label>
    <link:label id="lab_itub_CommitmentsReleased_df7d1fbf-57cf-48d2-bcf6-b6990e874164_periodEndLabel_en-US" xlink:label="lab_itub_CommitmentsReleased" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance</link:label>
    <link:label id="lab_itub_CommitmentsReleased_label_en-US" xlink:label="lab_itub_CommitmentsReleased" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commitments Released</link:label>
    <link:label id="lab_itub_CommitmentsReleased_documentation_en-US" xlink:label="lab_itub_CommitmentsReleased" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Commitments Released</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CommitmentsReleased" xlink:href="itub-20251231.xsd#itub_CommitmentsReleased"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CommitmentsReleased" xlink:to="lab_itub_CommitmentsReleased" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfOtherProvisionsLineItems_91f23af5-070d-47f7-9e18-3a140e21b8ea_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherProvisionsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of other provisions [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfOtherProvisionsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherProvisionsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of other provisions [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOtherProvisionsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOtherProvisionsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOtherProvisionsLineItems" xlink:to="lab_ifrs-full_DisclosureOfOtherProvisionsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_EquityNetOfTaxPercentageMember_019c36d9-a837-70ff-abf1-be2b0e0b3365_terseLabel_en-US" xlink:label="lab_itub_EquityNetOfTaxPercentageMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Net of Tax Percentage</link:label>
    <link:label id="lab_itub_EquityNetOfTaxPercentageMember_label_en-US" xlink:label="lab_itub_EquityNetOfTaxPercentageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Net Of Tax, Percentage [Member]</link:label>
    <link:label id="lab_itub_EquityNetOfTaxPercentageMember_documentation_en-US" xlink:label="lab_itub_EquityNetOfTaxPercentageMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Equity Net Of Tax, Percentage</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_EquityNetOfTaxPercentageMember" xlink:href="itub-20251231.xsd#itub_EquityNetOfTaxPercentageMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_EquityNetOfTaxPercentageMember" xlink:to="lab_itub_EquityNetOfTaxPercentageMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherAsset_ccdf1d7e-3db7-4392-bed0-8106e37b20cf_verboseLabel_en-US" xlink:label="lab_itub_OtherAsset" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other assets</link:label>
    <link:label id="lab_itub_OtherAsset_label_en-US" xlink:label="lab_itub_OtherAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Asset</link:label>
    <link:label id="lab_itub_OtherAsset_documentation_en-US" xlink:label="lab_itub_OtherAsset" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Asset</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherAsset" xlink:href="itub-20251231.xsd#itub_OtherAsset"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherAsset" xlink:to="lab_itub_OtherAsset" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfCalculationForTaxRatesTableTextBlock_1bedd73c-d14b-419f-80e7-212704aa4fce_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfCalculationForTaxRatesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Calculation of Tax Rates</link:label>
    <link:label id="lab_itub_ScheduleOfCalculationForTaxRatesTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfCalculationForTaxRatesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Calculation For Tax Rates [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfCalculationForTaxRatesTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfCalculationForTaxRatesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Calculation For Tax Rates</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfCalculationForTaxRatesTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfCalculationForTaxRatesTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfCalculationForTaxRatesTableTextBlock" xlink:to="lab_itub_ScheduleOfCalculationForTaxRatesTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_NetAmountReceivableFromReimbursementOfProvisionsMember_776bd2eb-869b-4738-8f5e-c227920d20a9_terseLabel_en-US" xlink:label="lab_itub_NetAmountReceivableFromReimbursementOfProvisionsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net amount receivables from reimbursement of provisions</link:label>
    <link:label id="lab_itub_NetAmountReceivableFromReimbursementOfProvisionsMember_label_en-US" xlink:label="lab_itub_NetAmountReceivableFromReimbursementOfProvisionsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Amount Receivable From Reimbursement Of Provisions [Member]</link:label>
    <link:label id="lab_itub_NetAmountReceivableFromReimbursementOfProvisionsMember_documentation_en-US" xlink:label="lab_itub_NetAmountReceivableFromReimbursementOfProvisionsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net Amount Receivable From Reimbursement Of Provisions [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_NetAmountReceivableFromReimbursementOfProvisionsMember" xlink:href="itub-20251231.xsd#itub_NetAmountReceivableFromReimbursementOfProvisionsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_NetAmountReceivableFromReimbursementOfProvisionsMember" xlink:to="lab_itub_NetAmountReceivableFromReimbursementOfProvisionsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentProvisions_7ef2c6b9-dd0f-417b-be4e-855db990496a_verboseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentProvisions" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Non-current</link:label>
    <link:label id="lab_ifrs-full_NoncurrentProvisions_label_en-US" xlink:label="lab_ifrs-full_NoncurrentProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current provisions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentProvisions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentProvisions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentProvisions" xlink:to="lab_ifrs-full_NoncurrentProvisions" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ActuarialAssumptionOfDiscountRates_a1487774-5f1c-4061-90c3-3dbd6c4e6119_terseLabel_en-US" xlink:label="lab_ifrs-full_ActuarialAssumptionOfDiscountRates" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Nominal discount rate</link:label>
    <link:label id="lab_ifrs-full_ActuarialAssumptionOfDiscountRates_label_en-US" xlink:label="lab_ifrs-full_ActuarialAssumptionOfDiscountRates" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Actuarial assumption of discount rates</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ActuarialAssumptionOfDiscountRates" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ActuarialAssumptionOfDiscountRates"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ActuarialAssumptionOfDiscountRates" xlink:to="lab_ifrs-full_ActuarialAssumptionOfDiscountRates" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OperationsAbstract_895bfe1d-bbc1-4afb-9bee-9b324906b72a_terseLabel_en-US" xlink:label="lab_itub_OperationsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operations</link:label>
    <link:label id="lab_itub_OperationsAbstract_label_en-US" xlink:label="lab_itub_OperationsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operations [Abstract]</link:label>
    <link:label id="lab_itub_OperationsAbstract_documentation_en-US" xlink:label="lab_itub_OperationsAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OperationsAbstract" xlink:href="itub-20251231.xsd#itub_OperationsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OperationsAbstract" xlink:to="lab_itub_OperationsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SecuritiesOnReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed_d8950928-df94-4f2a-bd42-3125af8b117c_verboseLabel_en-US" xlink:label="lab_itub_SecuritiesOnReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Securities</link:label>
    <link:label id="lab_itub_SecuritiesOnReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed_label_en-US" xlink:label="lab_itub_SecuritiesOnReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Securities On Reverse Repurchase Agreements And Cash Collateral On Securities Borrowed</link:label>
    <link:label id="lab_itub_SecuritiesOnReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed_documentation_en-US" xlink:label="lab_itub_SecuritiesOnReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Securities On Reverse Repurchase Agreements And Cash Collateral On Securities Borrowed</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SecuritiesOnReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed" xlink:href="itub-20251231.xsd#itub_SecuritiesOnReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SecuritiesOnReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed" xlink:to="lab_itub_SecuritiesOnReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ItauUnibancoSaMember_057df67f-042d-43c6-bb17-69125fc4f4a8_terseLabel_en-US" xlink:label="lab_itub_ItauUnibancoSaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ita&#250; Unibanco S.A.</link:label>
    <link:label id="lab_itub_ItauUnibancoSaMember_label_en-US" xlink:label="lab_itub_ItauUnibancoSaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Itau Unibanco SA [Member]</link:label>
    <link:label id="lab_itub_ItauUnibancoSaMember_documentation_en-US" xlink:label="lab_itub_ItauUnibancoSaMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Itau Unibanco SA [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ItauUnibancoSaMember" xlink:href="itub-20251231.xsd#itub_ItauUnibancoSaMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ItauUnibancoSaMember" xlink:to="lab_itub_ItauUnibancoSaMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FiveYearMember_235bbe15-157b-4297-8e90-1c984d5e68e1_terseLabel_en-US" xlink:label="lab_itub_FiveYearMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">5 years</link:label>
    <link:label id="lab_itub_FiveYearMember_label_en-US" xlink:label="lab_itub_FiveYearMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Five Year [Member]</link:label>
    <link:label id="lab_itub_FiveYearMember_documentation_en-US" xlink:label="lab_itub_FiveYearMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Five Year [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FiveYearMember" xlink:href="itub-20251231.xsd#itub_FiveYearMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FiveYearMember" xlink:to="lab_itub_FiveYearMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TransactionsRelatedToUnclaimedDividendsAndInterestOnCapitalWithOwnersOfEntity_6758c7b9-9e5c-4ec0-b529-9b68264fa499_terseLabel_en-US" xlink:label="lab_itub_TransactionsRelatedToUnclaimedDividendsAndInterestOnCapitalWithOwnersOfEntity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unclaimed dividends and Interest on capital</link:label>
    <link:label id="lab_itub_TransactionsRelatedToUnclaimedDividendsAndInterestOnCapitalWithOwnersOfEntity_label_en-US" xlink:label="lab_itub_TransactionsRelatedToUnclaimedDividendsAndInterestOnCapitalWithOwnersOfEntity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unclaimed dividends and Interest on capital</link:label>
    <link:label id="lab_itub_TransactionsRelatedToUnclaimedDividendsAndInterestOnCapitalWithOwnersOfEntity_documentation_en-US" xlink:label="lab_itub_TransactionsRelatedToUnclaimedDividendsAndInterestOnCapitalWithOwnersOfEntity" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Unclaimed dividends and Interest on capital</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TransactionsRelatedToUnclaimedDividendsAndInterestOnCapitalWithOwnersOfEntity" xlink:href="itub-20251231.xsd#itub_TransactionsRelatedToUnclaimedDividendsAndInterestOnCapitalWithOwnersOfEntity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TransactionsRelatedToUnclaimedDividendsAndInterestOnCapitalWithOwnersOfEntity" xlink:to="lab_itub_TransactionsRelatedToUnclaimedDividendsAndInterestOnCapitalWithOwnersOfEntity" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LuizacredSASocCredFinanciamentoInvestimentoMember_ed10bbaf-1f48-491d-9659-44b2a1394ed6_terseLabel_en-US" xlink:label="lab_itub_LuizacredSASocCredFinanciamentoInvestimentoMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Luizacred S.A. Soc. Cred. Financiamento Investimento</link:label>
    <link:label id="lab_itub_LuizacredSASocCredFinanciamentoInvestimentoMember_label_en-US" xlink:label="lab_itub_LuizacredSASocCredFinanciamentoInvestimentoMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Luizacred S A Soc Cred Financiamento Investimento [Member]</link:label>
    <link:label id="lab_itub_LuizacredSASocCredFinanciamentoInvestimentoMember_documentation_en-US" xlink:label="lab_itub_LuizacredSASocCredFinanciamentoInvestimentoMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Luizacred S A Soc Cred Financiamento Investimento [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LuizacredSASocCredFinanciamentoInvestimentoMember" xlink:href="itub-20251231.xsd#itub_LuizacredSASocCredFinanciamentoInvestimentoMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LuizacredSASocCredFinanciamentoInvestimentoMember" xlink:to="lab_itub_LuizacredSASocCredFinanciamentoInvestimentoMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PercentageOfFundingFromClients_fc49e7ab-804a-4d84-9f18-9d12ee93bd28_terseLabel_en-US" xlink:label="lab_itub_PercentageOfFundingFromClients" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Funding from customers, percentage</link:label>
    <link:label id="lab_itub_PercentageOfFundingFromClients_label_en-US" xlink:label="lab_itub_PercentageOfFundingFromClients" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Funding From Clients</link:label>
    <link:label id="lab_itub_PercentageOfFundingFromClients_documentation_en-US" xlink:label="lab_itub_PercentageOfFundingFromClients" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage Of Funding From Clients</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PercentageOfFundingFromClients" xlink:href="itub-20251231.xsd#itub_PercentageOfFundingFromClients"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PercentageOfFundingFromClients" xlink:to="lab_itub_PercentageOfFundingFromClients" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome_019d68c5-15c5-76c6-ba52-da2f7261b3fd_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial assets at fair value through other comprehensive income</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome_019d6a9e-2e97-721a-addc-1a2b43a45de0_periodStartLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">At fair value through other comprehensive income, beginning balance</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome_019d6a9e-b5e6-7a79-8659-d4eee2ddef62_periodEndLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">At fair value through other comprehensive income, ending balance</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome_label_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets at fair value through other comprehensive income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:to="lab_ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IncreaseInProvisionGuaranteedByIndemnityClause_a4ab418f-6d1a-4ff0-9b77-d088bcbeaafc_verboseLabel_en-US" xlink:label="lab_itub_IncreaseInProvisionGuaranteedByIndemnityClause" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">(+) Provisions guaranteed by indemnity clause</link:label>
    <link:label id="lab_itub_IncreaseInProvisionGuaranteedByIndemnityClause_label_en-US" xlink:label="lab_itub_IncreaseInProvisionGuaranteedByIndemnityClause" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase In Provision Guaranteed By Indemnity Clause</link:label>
    <link:label id="lab_itub_IncreaseInProvisionGuaranteedByIndemnityClause_documentation_en-US" xlink:label="lab_itub_IncreaseInProvisionGuaranteedByIndemnityClause" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase In Provision Guaranteed By Indemnity Clause</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IncreaseInProvisionGuaranteedByIndemnityClause" xlink:href="itub-20251231.xsd#itub_IncreaseInProvisionGuaranteedByIndemnityClause"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IncreaseInProvisionGuaranteedByIndemnityClause" xlink:to="lab_itub_IncreaseInProvisionGuaranteedByIndemnityClause" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestOnCapitalWithholdingTax_019dd23f-4c9b-7f7a-8415-b85c0bd1c069_negatedLabel_en-US" xlink:label="lab_itub_InterestOnCapitalWithholdingTax" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Interest on capital, WHT</link:label>
    <link:label id="lab_itub_InterestOnCapitalWithholdingTax_label_en-US" xlink:label="lab_itub_InterestOnCapitalWithholdingTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest On Capital Withholding Tax</link:label>
    <link:label id="lab_itub_InterestOnCapitalWithholdingTax_documentation_en-US" xlink:label="lab_itub_InterestOnCapitalWithholdingTax" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest On Capital Withholding Tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestOnCapitalWithholdingTax" xlink:href="itub-20251231.xsd#itub_InterestOnCapitalWithholdingTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestOnCapitalWithholdingTax" xlink:to="lab_itub_InterestOnCapitalWithholdingTax" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementAssets_019d6a65-234b-7a2e-ae2c-68eb28f64c43_totalLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementAssets" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Income</link:label>
    <link:label id="lab_ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementAssets_label_en-US" xlink:label="lab_ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (losses) recognised in profit or loss including exchange differences, fair value measurement, assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementAssets" xlink:to="lab_ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ActuarialAssumptionOfInterestRatesMember_24a92419-a3ea-4b8e-8cdd-4e926a8a31ca_terseLabel_en-US" xlink:label="lab_itub_ActuarialAssumptionOfInterestRatesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Discount rate</link:label>
    <link:label id="lab_itub_ActuarialAssumptionOfInterestRatesMember_label_en-US" xlink:label="lab_itub_ActuarialAssumptionOfInterestRatesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Actuarial Assumption Of Interest Rates [Member]</link:label>
    <link:label id="lab_itub_ActuarialAssumptionOfInterestRatesMember_documentation_en-US" xlink:label="lab_itub_ActuarialAssumptionOfInterestRatesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Actuarial Assumption Of Interest Rates [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ActuarialAssumptionOfInterestRatesMember" xlink:href="itub-20251231.xsd#itub_ActuarialAssumptionOfInterestRatesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ActuarialAssumptionOfInterestRatesMember" xlink:to="lab_itub_ActuarialAssumptionOfInterestRatesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherFixedAssetsMember_8c226b14-2445-4b86-893e-14fdd32de221_terseLabel_en-US" xlink:label="lab_itub_OtherFixedAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other fixed assets</link:label>
    <link:label id="lab_itub_OtherFixedAssetsMember_label_en-US" xlink:label="lab_itub_OtherFixedAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Fixed Assets [Member]</link:label>
    <link:label id="lab_itub_OtherFixedAssetsMember_documentation_en-US" xlink:label="lab_itub_OtherFixedAssetsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Fixed Assets [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherFixedAssetsMember" xlink:href="itub-20251231.xsd#itub_OtherFixedAssetsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherFixedAssetsMember" xlink:to="lab_itub_OtherFixedAssetsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SettlementsOfDerivativeAssets_019d6933-f791-73ed-b8cf-58ae0065d4d2_negatedLabel_en-US" xlink:label="lab_itub_SettlementsOfDerivativeAssets" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Derivatives assets, Settlements</link:label>
    <link:label id="lab_itub_SettlementsOfDerivativeAssets_label_en-US" xlink:label="lab_itub_SettlementsOfDerivativeAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Settlements Of Derivative Assets</link:label>
    <link:label id="lab_itub_SettlementsOfDerivativeAssets_documentation_en-US" xlink:label="lab_itub_SettlementsOfDerivativeAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Settlements Of Derivative Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SettlementsOfDerivativeAssets" xlink:href="itub-20251231.xsd#itub_SettlementsOfDerivativeAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SettlementsOfDerivativeAssets" xlink:to="lab_itub_SettlementsOfDerivativeAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherExpenseByFunction_019d693e-f340-7a59-92f1-a94db84a2849_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_OtherExpenseByFunction" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Other income / (expenses)</link:label>
    <link:label id="lab_ifrs-full_OtherExpenseByFunction_label_en-US" xlink:label="lab_ifrs-full_OtherExpenseByFunction" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other expense, by function</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherExpenseByFunction" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherExpenseByFunction"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherExpenseByFunction" xlink:to="lab_ifrs-full_OtherExpenseByFunction" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialInstrumentAssets_d59a3d92-dab4-463d-b794-4392e53266f2_terseLabel_en-US" xlink:label="lab_itub_FinancialInstrumentAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial assets</link:label>
    <link:label id="lab_itub_FinancialInstrumentAssets_label_en-US" xlink:label="lab_itub_FinancialInstrumentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Instrument Assets</link:label>
    <link:label id="lab_itub_FinancialInstrumentAssets_documentation_en-US" xlink:label="lab_itub_FinancialInstrumentAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial Instrument Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialInstrumentAssets" xlink:href="itub-20251231.xsd#itub_FinancialInstrumentAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialInstrumentAssets" xlink:to="lab_itub_FinancialInstrumentAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_Deposit_019d987e-3615-7ace-b8e1-1025441d4172_negatedLabel_en-US" xlink:label="lab_itub_Deposit" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Deposits</link:label>
    <link:label id="lab_itub_Deposit_label_en-US" xlink:label="lab_itub_Deposit" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deposit</link:label>
    <link:label id="lab_itub_Deposit_documentation_en-US" xlink:label="lab_itub_Deposit" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deposit</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_Deposit" xlink:href="itub-20251231.xsd#itub_Deposit"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_Deposit" xlink:to="lab_itub_Deposit" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ActuarialRemeasurements_c03977a1-7342-45b3-ac70-cb63d074b1cd_terseLabel_en-US" xlink:label="lab_itub_ActuarialRemeasurements" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Actuarial Remeasurements</link:label>
    <link:label id="lab_itub_ActuarialRemeasurements_label_en-US" xlink:label="lab_itub_ActuarialRemeasurements" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Actuarial Remeasurements</link:label>
    <link:label id="lab_itub_ActuarialRemeasurements_documentation_en-US" xlink:label="lab_itub_ActuarialRemeasurements" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Actuarial Remeasurements</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ActuarialRemeasurements" xlink:href="itub-20251231.xsd#itub_ActuarialRemeasurements"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ActuarialRemeasurements" xlink:to="lab_itub_ActuarialRemeasurements" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ServicesMember_2ac0b2f3-130c-499d-979f-ed34033a4c41_terseLabel_en-US" xlink:label="lab_itub_ServicesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Services</link:label>
    <link:label id="lab_itub_ServicesMember_label_en-US" xlink:label="lab_itub_ServicesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Services [Member]</link:label>
    <link:label id="lab_itub_ServicesMember_documentation_en-US" xlink:label="lab_itub_ServicesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Services [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ServicesMember" xlink:href="itub-20251231.xsd#itub_ServicesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ServicesMember" xlink:to="lab_itub_ServicesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfReservesWithinEquityLineItems_bebb849e-0d55-48cc-b2df-60b03f35b812_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfReservesWithinEquityLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of reserves within equity [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfReservesWithinEquityLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfReservesWithinEquityLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of reserves within equity [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfReservesWithinEquityLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfReservesWithinEquityLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfReservesWithinEquityLineItems" xlink:to="lab_ifrs-full_DisclosureOfReservesWithinEquityLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TaxableEntityMember_5557650d-1e7c-46f4-a778-f1fca6c758d8_terseLabel_en-US" xlink:label="lab_itub_TaxableEntityMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Taxable Entity</link:label>
    <link:label id="lab_itub_TaxableEntityMember_label_en-US" xlink:label="lab_itub_TaxableEntityMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Taxable Entity [Member]</link:label>
    <link:label id="lab_itub_TaxableEntityMember_documentation_en-US" xlink:label="lab_itub_TaxableEntityMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Taxable Entity [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TaxableEntityMember" xlink:href="itub-20251231.xsd#itub_TaxableEntityMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TaxableEntityMember" xlink:to="lab_itub_TaxableEntityMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TwoYearMember_806bdd62-4a9b-4d44-8351-d22e7360bbe4_terseLabel_en-US" xlink:label="lab_itub_TwoYearMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2 years</link:label>
    <link:label id="lab_itub_TwoYearMember_label_en-US" xlink:label="lab_itub_TwoYearMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Two Year [Member]</link:label>
    <link:label id="lab_itub_TwoYearMember_documentation_en-US" xlink:label="lab_itub_TwoYearMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Two Year [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TwoYearMember" xlink:href="itub-20251231.xsd#itub_TwoYearMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TwoYearMember" xlink:to="lab_itub_TwoYearMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory_49a989d8-14e7-4478-86c2-ef4f1a768846_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsequent event</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of events after reporting period [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:to="lab_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TreasurySharesSharesCancellationOfSharesDuringPeriod_019d793d-d89a-79ff-a4cc-06d6667e7be8_negatedTerseLabel_en-US" xlink:label="lab_itub_TreasurySharesSharesCancellationOfSharesDuringPeriod" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">(-) Cancellation of Shares - Meeting of the Board of Directors at 11/27/2025 (in shares)</link:label>
    <link:label id="lab_itub_TreasurySharesSharesCancellationOfSharesDuringPeriod_label_en-US" xlink:label="lab_itub_TreasurySharesSharesCancellationOfSharesDuringPeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Treasury Shares, Shares, Cancellation Of Shares During Period</link:label>
    <link:label id="lab_itub_TreasurySharesSharesCancellationOfSharesDuringPeriod_documentation_en-US" xlink:label="lab_itub_TreasurySharesSharesCancellationOfSharesDuringPeriod" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Treasury Shares, Shares, Cancellation Of Shares During Period</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TreasurySharesSharesCancellationOfSharesDuringPeriod" xlink:href="itub-20251231.xsd#itub_TreasurySharesSharesCancellationOfSharesDuringPeriod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TreasurySharesSharesCancellationOfSharesDuringPeriod" xlink:to="lab_itub_TreasurySharesSharesCancellationOfSharesDuringPeriod" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AssetsHeldAsCollateralNotPermittedToBeSoldOrRepledgedAtFairValue_824da693-ff5f-4e67-84f1-fcca26685813_terseLabel_en-US" xlink:label="lab_itub_AssetsHeldAsCollateralNotPermittedToBeSoldOrRepledgedAtFairValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets received as collateral without right to sell or repledge</link:label>
    <link:label id="lab_itub_AssetsHeldAsCollateralNotPermittedToBeSoldOrRepledgedAtFairValue_label_en-US" xlink:label="lab_itub_AssetsHeldAsCollateralNotPermittedToBeSoldOrRepledgedAtFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets Held As Collateral Not Permitted To Be Sold Or Repledged At Fair Value</link:label>
    <link:label id="lab_itub_AssetsHeldAsCollateralNotPermittedToBeSoldOrRepledgedAtFairValue_documentation_en-US" xlink:label="lab_itub_AssetsHeldAsCollateralNotPermittedToBeSoldOrRepledgedAtFairValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Assets Held As Collateral Not Permitted To Be Sold Or Repledged At Fair Value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AssetsHeldAsCollateralNotPermittedToBeSoldOrRepledgedAtFairValue" xlink:href="itub-20251231.xsd#itub_AssetsHeldAsCollateralNotPermittedToBeSoldOrRepledgedAtFairValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AssetsHeldAsCollateralNotPermittedToBeSoldOrRepledgedAtFairValue" xlink:to="lab_itub_AssetsHeldAsCollateralNotPermittedToBeSoldOrRepledgedAtFairValue" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_NonquotedInAnActiveMarketMember_5783671f-7cc9-4252-8ff8-83c7c3fc71ba_terseLabel_en-US" xlink:label="lab_itub_NonquotedInAnActiveMarketMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non quoted in an active market</link:label>
    <link:label id="lab_itub_NonquotedInAnActiveMarketMember_label_en-US" xlink:label="lab_itub_NonquotedInAnActiveMarketMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Nonquoted In An Active Market [Member]</link:label>
    <link:label id="lab_itub_NonquotedInAnActiveMarketMember_documentation_en-US" xlink:label="lab_itub_NonquotedInAnActiveMarketMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Nonquoted In An Active Market [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_NonquotedInAnActiveMarketMember" xlink:href="itub-20251231.xsd#itub_NonquotedInAnActiveMarketMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_NonquotedInAnActiveMarketMember" xlink:to="lab_itub_NonquotedInAnActiveMarketMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_36a9a374-695b-41b9-86fa-a06fc8a0e99c_terseLabel_en-US" xlink:label="lab_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share of profit or (loss) in associates and joint ventures</link:label>
    <link:label id="lab_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_label_en-US" xlink:label="lab_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share of profit (loss) of associates and joint ventures accounted for using equity method</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:to="lab_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentPeriodEndDate_768b5c8e-468c-4b44-80a0-4dbfa390ee78_terseLabel_en-US" xlink:label="lab_dei_DocumentPeriodEndDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Period End Date</link:label>
    <link:label id="lab_dei_DocumentPeriodEndDate_label_en-US" xlink:label="lab_dei_DocumentPeriodEndDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Period End Date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentPeriodEndDate" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentPeriodEndDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentPeriodEndDate" xlink:to="lab_dei_DocumentPeriodEndDate" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DividendsNet_828261b9-948f-42b1-8a87-d7f2528d77d6_terseLabel_en-US" xlink:label="lab_itub_DividendsNet" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividends, Net</link:label>
    <link:label id="lab_itub_DividendsNet_label_en-US" xlink:label="lab_itub_DividendsNet" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends, Net</link:label>
    <link:label id="lab_itub_DividendsNet_documentation_en-US" xlink:label="lab_itub_DividendsNet" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Dividends, Net</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DividendsNet" xlink:href="itub-20251231.xsd#itub_DividendsNet"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DividendsNet" xlink:to="lab_itub_DividendsNet" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfPositionOfAccountsSubjectToInterestRateRiskTableTextBlock_abeac889-63c0-419b-9b31-a96659f325f5_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfPositionOfAccountsSubjectToInterestRateRiskTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Position of Accounts Subject to Interest Rate Risk</link:label>
    <link:label id="lab_itub_ScheduleOfPositionOfAccountsSubjectToInterestRateRiskTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfPositionOfAccountsSubjectToInterestRateRiskTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Position Of Accounts Subject To Interest Rate Risk [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfPositionOfAccountsSubjectToInterestRateRiskTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfPositionOfAccountsSubjectToInterestRateRiskTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Position Of Accounts Subject To Interest Rate Risk</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfPositionOfAccountsSubjectToInterestRateRiskTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfPositionOfAccountsSubjectToInterestRateRiskTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfPositionOfAccountsSubjectToInterestRateRiskTableTextBlock" xlink:to="lab_itub_ScheduleOfPositionOfAccountsSubjectToInterestRateRiskTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain_d1ffe358-6ebc-4e33-a78c-86f15503475e_terseLabel_en-US" xlink:label="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-adjusting events after reporting period [domain]</link:label>
    <link:label id="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain_label_en-US" xlink:label="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-adjusting events after reporting period [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NonadjustingEventsAfterReportingPeriodDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain" xlink:to="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NotLaterThanThreeMonthsMember_2c3962f0-cf8f-4987-8114-442251505ab5_terseLabel_en-US" xlink:label="lab_ifrs-full_NotLaterThanThreeMonthsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Up to 3 months</link:label>
    <link:label id="lab_ifrs-full_NotLaterThanThreeMonthsMember_label_en-US" xlink:label="lab_ifrs-full_NotLaterThanThreeMonthsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Not later than three months [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NotLaterThanThreeMonthsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NotLaterThanThreeMonthsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NotLaterThanThreeMonthsMember" xlink:to="lab_ifrs-full_NotLaterThanThreeMonthsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_GestoraDeInteligenciaDeCreditoSAMember_3453afb2-6b33-4625-9896-a86c7220bdde_terseLabel_en-US" xlink:label="lab_itub_GestoraDeInteligenciaDeCreditoSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gestora de Intelig&#234;ncia de Cr&#233;dito S.A.</link:label>
    <link:label id="lab_itub_GestoraDeInteligenciaDeCreditoSAMember_label_en-US" xlink:label="lab_itub_GestoraDeInteligenciaDeCreditoSAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gestora De Inteligencia De Credito S A [Member]</link:label>
    <link:label id="lab_itub_GestoraDeInteligenciaDeCreditoSAMember_documentation_en-US" xlink:label="lab_itub_GestoraDeInteligenciaDeCreditoSAMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Gestora De Inteligencia De Credito S A [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_GestoraDeInteligenciaDeCreditoSAMember" xlink:href="itub-20251231.xsd#itub_GestoraDeInteligenciaDeCreditoSAMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_GestoraDeInteligenciaDeCreditoSAMember" xlink:to="lab_itub_GestoraDeInteligenciaDeCreditoSAMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SaleOrIssueOfTreasuryShares_debba69c-e232-45b6-9195-a8856d0b70f3_terseLabel_en-US" xlink:label="lab_ifrs-full_SaleOrIssueOfTreasuryShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Result of delivery of treasury shares</link:label>
    <link:label id="lab_ifrs-full_SaleOrIssueOfTreasuryShares_label_en-US" xlink:label="lab_ifrs-full_SaleOrIssueOfTreasuryShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sale or issue of treasury shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SaleOrIssueOfTreasuryShares" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SaleOrIssueOfTreasuryShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SaleOrIssueOfTreasuryShares" xlink:to="lab_ifrs-full_SaleOrIssueOfTreasuryShares" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialLiabilitiesAtFairValuesThroughProfitOrLoss_019dbec1-5bdf-7937-97bd-397ea5470ebf_negatedLabel_en-US" xlink:label="lab_itub_FinancialLiabilitiesAtFairValuesThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Financial liabilities at fair value through profit or loss</link:label>
    <link:label id="lab_itub_FinancialLiabilitiesAtFairValuesThroughProfitOrLoss_label_en-US" xlink:label="lab_itub_FinancialLiabilitiesAtFairValuesThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Liabilities At Fair Values Through Profit Or Loss</link:label>
    <link:label id="lab_itub_FinancialLiabilitiesAtFairValuesThroughProfitOrLoss_documentation_en-US" xlink:label="lab_itub_FinancialLiabilitiesAtFairValuesThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial Liabilities At Fair Values Through Profit Or Loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialLiabilitiesAtFairValuesThroughProfitOrLoss" xlink:href="itub-20251231.xsd#itub_FinancialLiabilitiesAtFairValuesThroughProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialLiabilitiesAtFairValuesThroughProfitOrLoss" xlink:to="lab_itub_FinancialLiabilitiesAtFairValuesThroughProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfFinancialInstrumentsAxis_dd9f3ed6-5d6c-43e0-90f3-4804c7bc46f7_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialInstrumentsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of financial instruments [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfFinancialInstrumentsAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialInstrumentsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of financial instruments [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfFinancialInstrumentsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfFinancialInstrumentsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfFinancialInstrumentsAxis" xlink:to="lab_ifrs-full_ClassesOfFinancialInstrumentsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SocialContributionOnNetIncome_823c6273-87a9-40db-adb9-27a8f41f10cd_terseLabel_en-US" xlink:label="lab_itub_SocialContributionOnNetIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Social contribution on net income</link:label>
    <link:label id="lab_itub_SocialContributionOnNetIncome_label_en-US" xlink:label="lab_itub_SocialContributionOnNetIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Social Contribution On Net Income</link:label>
    <link:label id="lab_itub_SocialContributionOnNetIncome_documentation_en-US" xlink:label="lab_itub_SocialContributionOnNetIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Social Contribution On Net Income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SocialContributionOnNetIncome" xlink:href="itub-20251231.xsd#itub_SocialContributionOnNetIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SocialContributionOnNetIncome" xlink:to="lab_itub_SocialContributionOnNetIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DividendsGrossValuePerShare_fe637682-d417-4ef5-8368-ab1fa936e9a1_terseLabel_en-US" xlink:label="lab_itub_DividendsGrossValuePerShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividends, Gross value per share (in brl per share)</link:label>
    <link:label id="lab_itub_DividendsGrossValuePerShare_label_en-US" xlink:label="lab_itub_DividendsGrossValuePerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends, Gross Value Per Share</link:label>
    <link:label id="lab_itub_DividendsGrossValuePerShare_documentation_en-US" xlink:label="lab_itub_DividendsGrossValuePerShare" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Dividends, Gross Value Per Share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DividendsGrossValuePerShare" xlink:href="itub-20251231.xsd#itub_DividendsGrossValuePerShare"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DividendsGrossValuePerShare" xlink:to="lab_itub_DividendsGrossValuePerShare" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialAssetAtFairValueAdjustmentsThroughOtherComprehensiveIncomeSecurities_6dfaa2c6-4e03-429b-9347-480dd3194bb6_terseLabel_en-US" xlink:label="lab_itub_FinancialAssetAtFairValueAdjustmentsThroughOtherComprehensiveIncomeSecurities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value adjustment</link:label>
    <link:label id="lab_itub_FinancialAssetAtFairValueAdjustmentsThroughOtherComprehensiveIncomeSecurities_label_en-US" xlink:label="lab_itub_FinancialAssetAtFairValueAdjustmentsThroughOtherComprehensiveIncomeSecurities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair value adjustments (in stockholders' equity)</link:label>
    <link:label id="lab_itub_FinancialAssetAtFairValueAdjustmentsThroughOtherComprehensiveIncomeSecurities_documentation_en-US" xlink:label="lab_itub_FinancialAssetAtFairValueAdjustmentsThroughOtherComprehensiveIncomeSecurities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fair value adjustments (in stockholders' equity)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialAssetAtFairValueAdjustmentsThroughOtherComprehensiveIncomeSecurities" xlink:href="itub-20251231.xsd#itub_FinancialAssetAtFairValueAdjustmentsThroughOtherComprehensiveIncomeSecurities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialAssetAtFairValueAdjustmentsThroughOtherComprehensiveIncomeSecurities" xlink:to="lab_itub_FinancialAssetAtFairValueAdjustmentsThroughOtherComprehensiveIncomeSecurities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FunbepFundoDePensaoMultipatrocinadoMember_56657a37-0cd4-47b3-bd0a-a18feea04bc2_terseLabel_en-US" xlink:label="lab_itub_FunbepFundoDePensaoMultipatrocinadoMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retirement plan - FUNBEP</link:label>
    <link:label id="lab_itub_FunbepFundoDePensaoMultipatrocinadoMember_06979910-b00f-4af0-85ab-8467e2a98904_verboseLabel_en-US" xlink:label="lab_itub_FunbepFundoDePensaoMultipatrocinadoMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Pension plan - FUNBEP</link:label>
    <link:label id="lab_itub_FunbepFundoDePensaoMultipatrocinadoMember_label_en-US" xlink:label="lab_itub_FunbepFundoDePensaoMultipatrocinadoMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Funbep Fundo De Pensao Multipatrocinado [Member]</link:label>
    <link:label id="lab_itub_FunbepFundoDePensaoMultipatrocinadoMember_documentation_en-US" xlink:label="lab_itub_FunbepFundoDePensaoMultipatrocinadoMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Funbep Fundo De Pensao Multipatrocinado [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FunbepFundoDePensaoMultipatrocinadoMember" xlink:href="itub-20251231.xsd#itub_FunbepFundoDePensaoMultipatrocinadoMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FunbepFundoDePensaoMultipatrocinadoMember" xlink:to="lab_itub_FunbepFundoDePensaoMultipatrocinadoMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TwoThousandAndTwentyFourMember_019c7521-7029-757c-9c9b-d88e96491b9d_terseLabel_en-US" xlink:label="lab_itub_TwoThousandAndTwentyFourMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2024</link:label>
    <link:label id="lab_itub_TwoThousandAndTwentyFourMember_label_en-US" xlink:label="lab_itub_TwoThousandAndTwentyFourMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Two Thousand And Twenty Four [Member]</link:label>
    <link:label id="lab_itub_TwoThousandAndTwentyFourMember_documentation_en-US" xlink:label="lab_itub_TwoThousandAndTwentyFourMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Two Thousand And Twenty Four</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TwoThousandAndTwentyFourMember" xlink:href="itub-20251231.xsd#itub_TwoThousandAndTwentyFourMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TwoThousandAndTwentyFourMember" xlink:to="lab_itub_TwoThousandAndTwentyFourMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees_b6371ed9-d47e-4796-8b2d-cb1ebbfe91ed_terseLabel_en-US" xlink:label="lab_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expense from share-based payment transactions with employees</link:label>
    <link:label id="lab_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees_label_en-US" xlink:label="lab_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expense from share-based payment transactions with employees</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees" xlink:to="lab_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfReconciliationOfPrivatePensionOneTableTextBlock_09ca2b10-8c18-4d65-9668-d73a158f9296_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfReconciliationOfPrivatePensionOneTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Reconciliation of Private Pension One</link:label>
    <link:label id="lab_itub_ScheduleOfReconciliationOfPrivatePensionOneTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfReconciliationOfPrivatePensionOneTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Reconciliation Of Private Pension One [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfReconciliationOfPrivatePensionOneTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfReconciliationOfPrivatePensionOneTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Reconciliation Of Private Pension One</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfReconciliationOfPrivatePensionOneTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfReconciliationOfPrivatePensionOneTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfReconciliationOfPrivatePensionOneTableTextBlock" xlink:to="lab_itub_ScheduleOfReconciliationOfPrivatePensionOneTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TotalOneMember_4fec2fc3-0d54-4c0b-b816-25dd3c2b81cc_terseLabel_en-US" xlink:label="lab_itub_TotalOneMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_itub_TotalOneMember_label_en-US" xlink:label="lab_itub_TotalOneMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total One [Member]</link:label>
    <link:label id="lab_itub_TotalOneMember_documentation_en-US" xlink:label="lab_itub_TotalOneMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total One [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TotalOneMember" xlink:href="itub-20251231.xsd#itub_TotalOneMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TotalOneMember" xlink:to="lab_itub_TotalOneMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfFinancialAssetsAxis_2228a8db-3488-4b05-89d9-53167e9e1e4b_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of financial assets [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfFinancialAssetsAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of financial assets [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfFinancialAssetsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfFinancialAssetsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfFinancialAssetsAxis" xlink:to="lab_ifrs-full_ClassesOfFinancialAssetsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GrossLeaseLiabilities_6cc25779-34c7-48b2-a779-4c4e1ad5ed70_terseLabel_en-US" xlink:label="lab_ifrs-full_GrossLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total financial liability</link:label>
    <link:label id="lab_ifrs-full_GrossLeaseLiabilities_label_en-US" xlink:label="lab_ifrs-full_GrossLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gross lease liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GrossLeaseLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GrossLeaseLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GrossLeaseLiabilities" xlink:to="lab_ifrs-full_GrossLeaseLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IncreaseInCapitalShares_019c9487-90a8-7e34-a734-b27800911c6e_terseLabel_en-US" xlink:label="lab_itub_IncreaseInCapitalShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase capital (in shares)</link:label>
    <link:label id="lab_itub_IncreaseInCapitalShares_label_en-US" xlink:label="lab_itub_IncreaseInCapitalShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase In Capital, Shares</link:label>
    <link:label id="lab_itub_IncreaseInCapitalShares_documentation_en-US" xlink:label="lab_itub_IncreaseInCapitalShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase In Capital, Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IncreaseInCapitalShares" xlink:href="itub-20251231.xsd#itub_IncreaseInCapitalShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IncreaseInCapitalShares" xlink:to="lab_itub_IncreaseInCapitalShares" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax_f6a4883d-92d7-438c-a908-91080b0703af_terseLabel_en-US" xlink:label="lab_ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amount reclassified from cash flow hedge reserve to income</link:label>
    <link:label id="lab_ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax_019c8b64-c518-7f3b-ac1c-87052c5b47cc_verboseLabel_en-US" xlink:label="lab_ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Amount reclassified from foreign currency conversion reserve into income</link:label>
    <link:label id="lab_ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax_label_en-US" xlink:label="lab_ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reclassification adjustments on cash flow hedges, net of tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xlink:to="lab_ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LandMember_6a64381b-11ae-451f-9b4d-7af4ce37bb28_terseLabel_en-US" xlink:label="lab_ifrs-full_LandMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Land</link:label>
    <link:label id="lab_ifrs-full_LandMember_label_en-US" xlink:label="lab_ifrs-full_LandMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Land [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LandMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LandMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LandMember" xlink:to="lab_ifrs-full_LandMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfAssetsAxis_c7564cfe-c2e2-47e5-abba-465b15193ac6_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of assets [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfAssetsAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of assets [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfAssetsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfAssetsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfAssetsAxis" xlink:to="lab_ifrs-full_ClassesOfAssetsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember_e78fde81-0f95-4285-822c-dc9cc1bfc5cd_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">From 4 to 5 years</link:label>
    <link:label id="lab_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember_44d501af-7178-4a6c-a7a0-bab60ff624bd_verboseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">2030</link:label>
    <link:label id="lab_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than four years and not later than five years [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:to="lab_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CurrentIncomeTaxAndSocialContributionExpenseBenefit_b5d250ca-db33-4c18-a344-8d6bdae4809b_negatedLabel_en-US" xlink:label="lab_itub_CurrentIncomeTaxAndSocialContributionExpenseBenefit" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Income tax and social contribution expenses</link:label>
    <link:label id="lab_itub_CurrentIncomeTaxAndSocialContributionExpenseBenefit_label_en-US" xlink:label="lab_itub_CurrentIncomeTaxAndSocialContributionExpenseBenefit" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Income Tax And Social Contribution Expense Benefit</link:label>
    <link:label id="lab_itub_CurrentIncomeTaxAndSocialContributionExpenseBenefit_documentation_en-US" xlink:label="lab_itub_CurrentIncomeTaxAndSocialContributionExpenseBenefit" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Current Income Tax And Social Contribution Expense Benefit</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CurrentIncomeTaxAndSocialContributionExpenseBenefit" xlink:href="itub-20251231.xsd#itub_CurrentIncomeTaxAndSocialContributionExpenseBenefit"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CurrentIncomeTaxAndSocialContributionExpenseBenefit" xlink:to="lab_itub_CurrentIncomeTaxAndSocialContributionExpenseBenefit" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesTable_7f83a198-023b-4aa6-870f-4512994b05e2_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of actual claims compared with previous estimates [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of actual claims compared with previous estimates [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesTable" xlink:to="lab_ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_GuaranteedRealStateNotesMember_57078ac8-e2a5-48a0-9878-eb5e154c86c7_terseLabel_en-US" xlink:label="lab_itub_GuaranteedRealStateNotesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Guaranteed real estate bills</link:label>
    <link:label id="lab_itub_GuaranteedRealStateNotesMember_label_en-US" xlink:label="lab_itub_GuaranteedRealStateNotesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Guaranteed Real State Notes [Member]</link:label>
    <link:label id="lab_itub_GuaranteedRealStateNotesMember_documentation_en-US" xlink:label="lab_itub_GuaranteedRealStateNotesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Guaranteed Real State Notes [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_GuaranteedRealStateNotesMember" xlink:href="itub-20251231.xsd#itub_GuaranteedRealStateNotesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_GuaranteedRealStateNotesMember" xlink:to="lab_itub_GuaranteedRealStateNotesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RangeAxis_c6957755-ff67-4e69-900b-0427ab5cb209_terseLabel_en-US" xlink:label="lab_ifrs-full_RangeAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Range [axis]</link:label>
    <link:label id="lab_ifrs-full_RangeAxis_label_en-US" xlink:label="lab_ifrs-full_RangeAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Range [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RangeAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RangeAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RangeAxis" xlink:to="lab_ifrs-full_RangeAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherFinancialAssetMember_ccfaef03-dd77-45e5-ae02-e2d43762444e_terseLabel_en-US" xlink:label="lab_itub_OtherFinancialAssetMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other financial assets</link:label>
    <link:label id="lab_itub_OtherFinancialAssetMember_label_en-US" xlink:label="lab_itub_OtherFinancialAssetMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Financial Asset [Member]</link:label>
    <link:label id="lab_itub_OtherFinancialAssetMember_documentation_en-US" xlink:label="lab_itub_OtherFinancialAssetMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Financial Asset [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherFinancialAssetMember" xlink:href="itub-20251231.xsd#itub_OtherFinancialAssetMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherFinancialAssetMember" xlink:to="lab_itub_OtherFinancialAssetMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_StockExchangeMember_019c755c-1465-7844-90f9-a07db1caa8e2_terseLabel_en-US" xlink:label="lab_itub_StockExchangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock exchange</link:label>
    <link:label id="lab_itub_StockExchangeMember_label_en-US" xlink:label="lab_itub_StockExchangeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock exchange [Member]</link:label>
    <link:label id="lab_itub_StockExchangeMember_documentation_en-US" xlink:label="lab_itub_StockExchangeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Stock exchange</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_StockExchangeMember" xlink:href="itub-20251231.xsd#itub_StockExchangeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_StockExchangeMember" xlink:to="lab_itub_StockExchangeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfSensitivityAnalysesOperationsTableTextBlock_f8bbfacb-8335-4691-9095-3f6d2c890ace_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfSensitivityAnalysesOperationsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Sensitivity Analyses Operations</link:label>
    <link:label id="lab_itub_ScheduleOfSensitivityAnalysesOperationsTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfSensitivityAnalysesOperationsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Sensitivity Analyses Operations [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfSensitivityAnalysesOperationsTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfSensitivityAnalysesOperationsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Sensitivity Analyses Operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfSensitivityAnalysesOperationsTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfSensitivityAnalysesOperationsTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfSensitivityAnalysesOperationsTableTextBlock" xlink:to="lab_itub_ScheduleOfSensitivityAnalysesOperationsTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestsOnCapitalGrossValuePerShare_5f990455-5804-4905-81c1-b4dae5cea270_terseLabel_en-US" xlink:label="lab_itub_InterestsOnCapitalGrossValuePerShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest on capital, Gross value per share (in brl per share)</link:label>
    <link:label id="lab_itub_InterestsOnCapitalGrossValuePerShare_label_en-US" xlink:label="lab_itub_InterestsOnCapitalGrossValuePerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interests On Capital, Gross Value Per Share</link:label>
    <link:label id="lab_itub_InterestsOnCapitalGrossValuePerShare_documentation_en-US" xlink:label="lab_itub_InterestsOnCapitalGrossValuePerShare" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interests On Capital, Gross Value Per Share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestsOnCapitalGrossValuePerShare" xlink:href="itub-20251231.xsd#itub_InterestsOnCapitalGrossValuePerShare"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestsOnCapitalGrossValuePerShare" xlink:to="lab_itub_InterestsOnCapitalGrossValuePerShare" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AdjustmentsForGainLossOnSaleOfInvestmentsAndFixedAssets_d7ea91ba-003f-4547-9705-dbc4db5ba334_negatedLabel_en-US" xlink:label="lab_itub_AdjustmentsForGainLossOnSaleOfInvestmentsAndFixedAssets" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Income from sale of investments and fixed assets</link:label>
    <link:label id="lab_itub_AdjustmentsForGainLossOnSaleOfInvestmentsAndFixedAssets_label_en-US" xlink:label="lab_itub_AdjustmentsForGainLossOnSaleOfInvestmentsAndFixedAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments For Gain Loss On Sale Of Investments And Fixed Assets</link:label>
    <link:label id="lab_itub_AdjustmentsForGainLossOnSaleOfInvestmentsAndFixedAssets_documentation_en-US" xlink:label="lab_itub_AdjustmentsForGainLossOnSaleOfInvestmentsAndFixedAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Adjustments For Gain Loss On Sale Of Investments And Fixed Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AdjustmentsForGainLossOnSaleOfInvestmentsAndFixedAssets" xlink:href="itub-20251231.xsd#itub_AdjustmentsForGainLossOnSaleOfInvestmentsAndFixedAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AdjustmentsForGainLossOnSaleOfInvestmentsAndFixedAssets" xlink:to="lab_itub_AdjustmentsForGainLossOnSaleOfInvestmentsAndFixedAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_f0b7b298-0a10-4667-ae6e-5e725c07f503_terseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">(Purchase) / Funds from the sale of financial assets at fair value through other comprehensive income</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from losing control of subsidiaries or other businesses, classified as investing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:to="lab_ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CapitalReserve_22d6056c-0286-4b24-a6e3-7627804fa9c0_terseLabel_en-US" xlink:label="lab_ifrs-full_CapitalReserve" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital reserves</link:label>
    <link:label id="lab_ifrs-full_CapitalReserve_label_en-US" xlink:label="lab_ifrs-full_CapitalReserve" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital reserve</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CapitalReserve" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CapitalReserve"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CapitalReserve" xlink:to="lab_ifrs-full_CapitalReserve" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SellingExpense_f58547fb-7aea-4a5d-9bd3-48748dc18a35_negatedLabel_en-US" xlink:label="lab_ifrs-full_SellingExpense" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Selling - credit cards</link:label>
    <link:label id="lab_ifrs-full_SellingExpense_label_en-US" xlink:label="lab_ifrs-full_SellingExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Selling expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SellingExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SellingExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SellingExpense" xlink:to="lab_ifrs-full_SellingExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ItauColombiaSAMember_a228b625-e9ca-4003-a422-be72d586ba96_terseLabel_en-US" xlink:label="lab_itub_ItauColombiaSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ita&#250; Colombia S.A.</link:label>
    <link:label id="lab_itub_ItauColombiaSAMember_label_en-US" xlink:label="lab_itub_ItauColombiaSAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Itau Colombia S A [Member]</link:label>
    <link:label id="lab_itub_ItauColombiaSAMember_documentation_en-US" xlink:label="lab_itub_ItauColombiaSAMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Itau Colombia S A [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ItauColombiaSAMember" xlink:href="itub-20251231.xsd#itub_ItauColombiaSAMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ItauColombiaSAMember" xlink:to="lab_itub_ItauColombiaSAMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherBankingServices_6dda6606-d3e7-4c20-8f4b-455c1eec6e1e_negatedLabel_en-US" xlink:label="lab_itub_OtherBankingServices" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_itub_OtherBankingServices_label_en-US" xlink:label="lab_itub_OtherBankingServices" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Banking Services</link:label>
    <link:label id="lab_itub_OtherBankingServices_documentation_en-US" xlink:label="lab_itub_OtherBankingServices" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Banking Services</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherBankingServices" xlink:href="itub-20251231.xsd#itub_OtherBankingServices"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherBankingServices" xlink:to="lab_itub_OtherBankingServices" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AllOtherCountriesSecuritiesMember_019dcdc1-3601-7757-9f7a-164dd054fcfd_terseLabel_en-US" xlink:label="lab_itub_AllOtherCountriesSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Abroad</link:label>
    <link:label id="lab_itub_AllOtherCountriesSecuritiesMember_label_en-US" xlink:label="lab_itub_AllOtherCountriesSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">All Other Countries Securities [Member]</link:label>
    <link:label id="lab_itub_AllOtherCountriesSecuritiesMember_documentation_en-US" xlink:label="lab_itub_AllOtherCountriesSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">All Other Countries Securities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AllOtherCountriesSecuritiesMember" xlink:href="itub-20251231.xsd#itub_AllOtherCountriesSecuritiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AllOtherCountriesSecuritiesMember" xlink:to="lab_itub_AllOtherCountriesSecuritiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IndividualsMember_50ef0a44-15b5-43bb-8d88-f9b1971430fe_terseLabel_en-US" xlink:label="lab_itub_IndividualsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Individuals</link:label>
    <link:label id="lab_itub_IndividualsMember_label_en-US" xlink:label="lab_itub_IndividualsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Individuals [Member]</link:label>
    <link:label id="lab_itub_IndividualsMember_documentation_en-US" xlink:label="lab_itub_IndividualsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Individuals [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IndividualsMember" xlink:href="itub-20251231.xsd#itub_IndividualsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IndividualsMember" xlink:to="lab_itub_IndividualsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherNonFinancialAssetsPolicyTextBlock_faa1edfe-aa96-4428-8bd9-75119e7ea254_terseLabel_en-US" xlink:label="lab_itub_OtherNonFinancialAssetsPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other non-financial assets</link:label>
    <link:label id="lab_itub_OtherNonFinancialAssetsPolicyTextBlock_label_en-US" xlink:label="lab_itub_OtherNonFinancialAssetsPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other non-financial assets [Policy Text Block]</link:label>
    <link:label id="lab_itub_OtherNonFinancialAssetsPolicyTextBlock_documentation_en-US" xlink:label="lab_itub_OtherNonFinancialAssetsPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other non-financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherNonFinancialAssetsPolicyTextBlock" xlink:href="itub-20251231.xsd#itub_OtherNonFinancialAssetsPolicyTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherNonFinancialAssetsPolicyTextBlock" xlink:to="lab_itub_OtherNonFinancialAssetsPolicyTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory_a4790c2a-ee4d-4485-a885-12a9e0102318_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stockholders&#8217; equity</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of share capital, reserves and other equity interest [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:to="lab_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TotalInsuranceContractsAndPrivatePensionInsurance_6506aa46-1087-4c8a-a74b-9fcd2e0089f8_verboseLabel_en-US" xlink:label="lab_itub_TotalInsuranceContractsAndPrivatePensionInsurance" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">lnsurance</link:label>
    <link:label id="lab_itub_TotalInsuranceContractsAndPrivatePensionInsurance_label_en-US" xlink:label="lab_itub_TotalInsuranceContractsAndPrivatePensionInsurance" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Insurance Contracts And Private Pension Insurance</link:label>
    <link:label id="lab_itub_TotalInsuranceContractsAndPrivatePensionInsurance_documentation_en-US" xlink:label="lab_itub_TotalInsuranceContractsAndPrivatePensionInsurance" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total Insurance Contracts And Private Pension Insurance</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TotalInsuranceContractsAndPrivatePensionInsurance" xlink:href="itub-20251231.xsd#itub_TotalInsuranceContractsAndPrivatePensionInsurance"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TotalInsuranceContractsAndPrivatePensionInsurance" xlink:to="lab_itub_TotalInsuranceContractsAndPrivatePensionInsurance" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FuturesContractMember_cb2879db-d620-4fb7-ab62-c3b8e914bbee_terseLabel_en-US" xlink:label="lab_ifrs-full_FuturesContractMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Futures</link:label>
    <link:label id="lab_ifrs-full_FuturesContractMember_label_en-US" xlink:label="lab_ifrs-full_FuturesContractMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Futures contract [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FuturesContractMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FuturesContractMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FuturesContractMember" xlink:to="lab_ifrs-full_FuturesContractMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfOtherProvisionsTable_5107c126-d15c-484a-84e0-3e818dca045d_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherProvisionsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of other provisions [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfOtherProvisionsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherProvisionsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of other provisions [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOtherProvisionsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOtherProvisionsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOtherProvisionsTable" xlink:to="lab_ifrs-full_DisclosureOfOtherProvisionsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SimplifiedModelPaaInsurance_ddc31042-927b-47b6-aada-5403b39a2899_verboseLabel_en-US" xlink:label="lab_itub_SimplifiedModelPaaInsurance" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">lnsurance</link:label>
    <link:label id="lab_itub_SimplifiedModelPaaInsurance_label_en-US" xlink:label="lab_itub_SimplifiedModelPaaInsurance" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Simplified Model Paa Insurance</link:label>
    <link:label id="lab_itub_SimplifiedModelPaaInsurance_documentation_en-US" xlink:label="lab_itub_SimplifiedModelPaaInsurance" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Simplified Model Paa Insurance</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SimplifiedModelPaaInsurance" xlink:href="itub-20251231.xsd#itub_SimplifiedModelPaaInsurance"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SimplifiedModelPaaInsurance" xlink:to="lab_itub_SimplifiedModelPaaInsurance" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_EstimatedExpectedCreditLossWriteOffPeriod_019dd2bf-7600-7b67-ac77-0e9c8f026d66_terseLabel_en-US" xlink:label="lab_itub_EstimatedExpectedCreditLossWriteOffPeriod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Estimated expected credit loss write-off period</link:label>
    <link:label id="lab_itub_EstimatedExpectedCreditLossWriteOffPeriod_label_en-US" xlink:label="lab_itub_EstimatedExpectedCreditLossWriteOffPeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Estimated Expected Credit Loss Write-Off Period</link:label>
    <link:label id="lab_itub_EstimatedExpectedCreditLossWriteOffPeriod_documentation_en-US" xlink:label="lab_itub_EstimatedExpectedCreditLossWriteOffPeriod" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Estimated Expected Credit Loss Write-Off Period</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_EstimatedExpectedCreditLossWriteOffPeriod" xlink:href="itub-20251231.xsd#itub_EstimatedExpectedCreditLossWriteOffPeriod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_EstimatedExpectedCreditLossWriteOffPeriod" xlink:to="lab_itub_EstimatedExpectedCreditLossWriteOffPeriod" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DividendsInterestOnCapitalDeclaredAfterPreviousPeriod_316ecdbc-1fa4-4147-991f-4fa3fe181980_terseLabel_en-US" xlink:label="lab_itub_DividendsInterestOnCapitalDeclaredAfterPreviousPeriod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividends / Interest on capital - declared after previous period</link:label>
    <link:label id="lab_itub_DividendsInterestOnCapitalDeclaredAfterPreviousPeriod_label_en-US" xlink:label="lab_itub_DividendsInterestOnCapitalDeclaredAfterPreviousPeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends / Interest on capital - declared after previous period</link:label>
    <link:label id="lab_itub_DividendsInterestOnCapitalDeclaredAfterPreviousPeriod_documentation_en-US" xlink:label="lab_itub_DividendsInterestOnCapitalDeclaredAfterPreviousPeriod" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Dividends / Interest on capital - declared after previous period</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DividendsInterestOnCapitalDeclaredAfterPreviousPeriod" xlink:href="itub-20251231.xsd#itub_DividendsInterestOnCapitalDeclaredAfterPreviousPeriod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DividendsInterestOnCapitalDeclaredAfterPreviousPeriod" xlink:to="lab_itub_DividendsInterestOnCapitalDeclaredAfterPreviousPeriod" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfFinancialInstrumentsDomain_326381e9-1dc2-4936-8dda-85c8997415a0_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialInstrumentsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of financial instruments [domain]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfFinancialInstrumentsDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialInstrumentsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of financial instruments [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfFinancialInstrumentsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfFinancialInstrumentsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfFinancialInstrumentsDomain" xlink:to="lab_ifrs-full_ClassesOfFinancialInstrumentsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfBusinessCombinationsTable_bcd495c8-85f2-4594-9765-fdbc92c30c44_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfBusinessCombinationsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about business combination [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfBusinessCombinationsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfBusinessCombinationsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about business combination [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfBusinessCombinationsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfBusinessCombinationsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfBusinessCombinationsTable" xlink:to="lab_ifrs-full_DisclosureOfBusinessCombinationsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LegalMember_9c9c6128-a1cb-47b8-a9b5-c66e66448dbf_terseLabel_en-US" xlink:label="lab_itub_LegalMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Legal</link:label>
    <link:label id="lab_itub_LegalMember_label_en-US" xlink:label="lab_itub_LegalMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Legal [Member]</link:label>
    <link:label id="lab_itub_LegalMember_documentation_en-US" xlink:label="lab_itub_LegalMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Legal [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LegalMember" xlink:href="itub-20251231.xsd#itub_LegalMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LegalMember" xlink:to="lab_itub_LegalMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InterestReceivedClassifiedAsOperatingActivities_27372a34-aba3-4002-9648-412693bf44b9_terseLabel_en-US" xlink:label="lab_ifrs-full_InterestReceivedClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest received</link:label>
    <link:label id="lab_ifrs-full_InterestReceivedClassifiedAsOperatingActivities_label_en-US" xlink:label="lab_ifrs-full_InterestReceivedClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest received, classified as operating activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestReceivedClassifiedAsOperatingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestReceivedClassifiedAsOperatingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestReceivedClassifiedAsOperatingActivities" xlink:to="lab_ifrs-full_InterestReceivedClassifiedAsOperatingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InsuranceContractsDomain_abc049c6-470e-40a9-8e1d-4f68f9fd0b2a_terseLabel_en-US" xlink:label="lab_ifrs-full_InsuranceContractsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Insurance contracts [domain]</link:label>
    <link:label id="lab_ifrs-full_InsuranceContractsDomain_label_en-US" xlink:label="lab_ifrs-full_InsuranceContractsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Insurance contracts [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InsuranceContractsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InsuranceContractsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InsuranceContractsDomain" xlink:to="lab_ifrs-full_InsuranceContractsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanOneMonthAndNotLaterThanSixMonthsMember_b86707bd-2c4a-41b9-837d-6ff2f4e59e2a_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanOneMonthAndNotLaterThanSixMonthsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">31-180 days</link:label>
    <link:label id="lab_ifrs-full_LaterThanOneMonthAndNotLaterThanSixMonthsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanOneMonthAndNotLaterThanSixMonthsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than one month and not later than six months [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanOneMonthAndNotLaterThanSixMonthsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanOneMonthAndNotLaterThanSixMonthsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanOneMonthAndNotLaterThanSixMonthsMember" xlink:to="lab_ifrs-full_LaterThanOneMonthAndNotLaterThanSixMonthsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PerpetualMember_07275e91-89cd-40d3-a6d4-aee29a3c2941_terseLabel_en-US" xlink:label="lab_itub_PerpetualMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Perpetual</link:label>
    <link:label id="lab_itub_PerpetualMember_label_en-US" xlink:label="lab_itub_PerpetualMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Perpetual [Member]</link:label>
    <link:label id="lab_itub_PerpetualMember_documentation_en-US" xlink:label="lab_itub_PerpetualMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Perpetual [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PerpetualMember" xlink:href="itub-20251231.xsd#itub_PerpetualMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PerpetualMember" xlink:to="lab_itub_PerpetualMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_HedgeOfAssetsDenominatedInChileanUnitOfAccountMember_019c8a7d-564a-7bc8-b4f7-a27be1d0464e_terseLabel_en-US" xlink:label="lab_itub_HedgeOfAssetsDenominatedInChileanUnitOfAccountMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hedge of assets denominated in Chilean unit of account</link:label>
    <link:label id="lab_itub_HedgeOfAssetsDenominatedInChileanUnitOfAccountMember_label_en-US" xlink:label="lab_itub_HedgeOfAssetsDenominatedInChileanUnitOfAccountMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedge Of Assets Denominated In Chilean Unit Of Account [Member]</link:label>
    <link:label id="lab_itub_HedgeOfAssetsDenominatedInChileanUnitOfAccountMember_documentation_en-US" xlink:label="lab_itub_HedgeOfAssetsDenominatedInChileanUnitOfAccountMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Hedge Of Assets Denominated In Chilean Unit Of Account</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_HedgeOfAssetsDenominatedInChileanUnitOfAccountMember" xlink:href="itub-20251231.xsd#itub_HedgeOfAssetsDenominatedInChileanUnitOfAccountMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_HedgeOfAssetsDenominatedInChileanUnitOfAccountMember" xlink:to="lab_itub_HedgeOfAssetsDenominatedInChileanUnitOfAccountMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AdjustmentsIncomeTaxAndSocialContributionPaidClassifiedAsOperatingActivities_0e543c16-8d39-464a-a57e-4b4347017709_terseLabel_en-US" xlink:label="lab_itub_AdjustmentsIncomeTaxAndSocialContributionPaidClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Payment of income tax and social contribution</link:label>
    <link:label id="lab_itub_AdjustmentsIncomeTaxAndSocialContributionPaidClassifiedAsOperatingActivities_label_en-US" xlink:label="lab_itub_AdjustmentsIncomeTaxAndSocialContributionPaidClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payment of income tax and social contribution</link:label>
    <link:label id="lab_itub_AdjustmentsIncomeTaxAndSocialContributionPaidClassifiedAsOperatingActivities_documentation_en-US" xlink:label="lab_itub_AdjustmentsIncomeTaxAndSocialContributionPaidClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Payment of income tax and social contribution</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AdjustmentsIncomeTaxAndSocialContributionPaidClassifiedAsOperatingActivities" xlink:href="itub-20251231.xsd#itub_AdjustmentsIncomeTaxAndSocialContributionPaidClassifiedAsOperatingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AdjustmentsIncomeTaxAndSocialContributionPaidClassifiedAsOperatingActivities" xlink:to="lab_itub_AdjustmentsIncomeTaxAndSocialContributionPaidClassifiedAsOperatingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RevenueFromRenderingOfServices_6df8c600-9bef-4084-8bbb-1227ea667bbc_terseLabel_en-US" xlink:label="lab_ifrs-full_RevenueFromRenderingOfServices" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue from rendering of services</link:label>
    <link:label id="lab_ifrs-full_RevenueFromRenderingOfServices_label_en-US" xlink:label="lab_ifrs-full_RevenueFromRenderingOfServices" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue from rendering of services</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RevenueFromRenderingOfServices" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RevenueFromRenderingOfServices"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RevenueFromRenderingOfServices" xlink:to="lab_ifrs-full_RevenueFromRenderingOfServices" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SubordinatedDebtObligationsRaisings_c9f62e2d-ac39-4bab-9b75-835416bba35a_terseLabel_en-US" xlink:label="lab_itub_SubordinatedDebtObligationsRaisings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Raising of subordinated debt obligations</link:label>
    <link:label id="lab_itub_SubordinatedDebtObligationsRaisings_label_en-US" xlink:label="lab_itub_SubordinatedDebtObligationsRaisings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subordinated debt obligations raisings</link:label>
    <link:label id="lab_itub_SubordinatedDebtObligationsRaisings_documentation_en-US" xlink:label="lab_itub_SubordinatedDebtObligationsRaisings" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Subordinated debt obligations raisings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SubordinatedDebtObligationsRaisings" xlink:href="itub-20251231.xsd#itub_SubordinatedDebtObligationsRaisings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SubordinatedDebtObligationsRaisings" xlink:to="lab_itub_SubordinatedDebtObligationsRaisings" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PartnersPlanMember_1dc06c7f-d9b7-4d82-9034-a3a2403e1168_terseLabel_en-US" xlink:label="lab_itub_PartnersPlanMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Partner plan</link:label>
    <link:label id="lab_itub_PartnersPlanMember_label_en-US" xlink:label="lab_itub_PartnersPlanMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Partners Plan [Member]</link:label>
    <link:label id="lab_itub_PartnersPlanMember_documentation_en-US" xlink:label="lab_itub_PartnersPlanMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Partners Plan [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PartnersPlanMember" xlink:href="itub-20251231.xsd#itub_PartnersPlanMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PartnersPlanMember" xlink:to="lab_itub_PartnersPlanMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FourPointSevenFivePercentageMember_27cfc041-2986-4562-aaed-c86fd4cdaef3_terseLabel_en-US" xlink:label="lab_itub_FourPointSevenFivePercentageMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">4.75%</link:label>
    <link:label id="lab_itub_FourPointSevenFivePercentageMember_label_en-US" xlink:label="lab_itub_FourPointSevenFivePercentageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Four Point Seven Five Percentage [Member]</link:label>
    <link:label id="lab_itub_FourPointSevenFivePercentageMember_documentation_en-US" xlink:label="lab_itub_FourPointSevenFivePercentageMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Four Point Seven Five Percentage [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FourPointSevenFivePercentageMember" xlink:href="itub-20251231.xsd#itub_FourPointSevenFivePercentageMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FourPointSevenFivePercentageMember" xlink:to="lab_itub_FourPointSevenFivePercentageMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ItauCorretoradeValoresSAMember_babe4636-37ad-43be-a249-ecd3cbcb6e70_terseLabel_en-US" xlink:label="lab_itub_ItauCorretoradeValoresSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ita&#250; Corretora de Valores S.A.</link:label>
    <link:label id="lab_itub_ItauCorretoradeValoresSAMember_label_en-US" xlink:label="lab_itub_ItauCorretoradeValoresSAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Itau Corretora de Valores S.A. [Member]</link:label>
    <link:label id="lab_itub_ItauCorretoradeValoresSAMember_documentation_en-US" xlink:label="lab_itub_ItauCorretoradeValoresSAMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Itau Corretora de Valores S.A.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ItauCorretoradeValoresSAMember" xlink:href="itub-20251231.xsd#itub_ItauCorretoradeValoresSAMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ItauCorretoradeValoresSAMember" xlink:to="lab_itub_ItauCorretoradeValoresSAMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_NetDeferredTaxesPercentage_6dae8196-2ac7-44a8-ac7d-24ca27e992a9_terseLabel_en-US" xlink:label="lab_itub_NetDeferredTaxesPercentage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net deferred taxes, percentage</link:label>
    <link:label id="lab_itub_NetDeferredTaxesPercentage_label_en-US" xlink:label="lab_itub_NetDeferredTaxesPercentage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Deferred Taxes, Percentage</link:label>
    <link:label id="lab_itub_NetDeferredTaxesPercentage_documentation_en-US" xlink:label="lab_itub_NetDeferredTaxesPercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net Deferred Taxes, Percentage</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_NetDeferredTaxesPercentage" xlink:href="itub-20251231.xsd#itub_NetDeferredTaxesPercentage"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_NetDeferredTaxesPercentage" xlink:to="lab_itub_NetDeferredTaxesPercentage" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsExplanatory_7e039c5d-7839-4056-be48-eaec8b47b04c_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Realization and Present Value of Tax Credits and From Provision for Deferred Income Tax and Social Contribution</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of temporary difference, unused tax losses and unused tax credits [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfLevel3RecurringFairValueChangesTableTextBlock_9ec45639-fad6-4adb-8e79-7016264d8f27_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfLevel3RecurringFairValueChangesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Level 3 Recurring Fair Value Changes</link:label>
    <link:label id="lab_itub_ScheduleOfLevel3RecurringFairValueChangesTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfLevel3RecurringFairValueChangesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Level 3 Recurring Fair Value Changes [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfLevel3RecurringFairValueChangesTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfLevel3RecurringFairValueChangesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Level 3 Recurring Fair Value Changes</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfLevel3RecurringFairValueChangesTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfLevel3RecurringFairValueChangesTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfLevel3RecurringFairValueChangesTableTextBlock" xlink:to="lab_itub_ScheduleOfLevel3RecurringFairValueChangesTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfIntangibleAssetsTable_0b70dda8-528f-4dd7-8f6f-ee6588133ab7_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfIntangibleAssetsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about intangible assets [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfIntangibleAssetsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfIntangibleAssetsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about intangible assets [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfIntangibleAssetsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfIntangibleAssetsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfIntangibleAssetsTable" xlink:to="lab_ifrs-full_DisclosureOfIntangibleAssetsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AdjustmentForIncreaseDecreaseInOtherFinancialLiability_b840dbc6-ddda-45f7-90d9-43b52bdc5377_verboseLabel_en-US" xlink:label="lab_itub_AdjustmentForIncreaseDecreaseInOtherFinancialLiability" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other financial liabilities</link:label>
    <link:label id="lab_itub_AdjustmentForIncreaseDecreaseInOtherFinancialLiability_label_en-US" xlink:label="lab_itub_AdjustmentForIncreaseDecreaseInOtherFinancialLiability" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustment For Increase Decrease In Other Financial Liability</link:label>
    <link:label id="lab_itub_AdjustmentForIncreaseDecreaseInOtherFinancialLiability_documentation_en-US" xlink:label="lab_itub_AdjustmentForIncreaseDecreaseInOtherFinancialLiability" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Adjustment For Increase Decrease In Other Financial Liability</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AdjustmentForIncreaseDecreaseInOtherFinancialLiability" xlink:href="itub-20251231.xsd#itub_AdjustmentForIncreaseDecreaseInOtherFinancialLiability"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AdjustmentForIncreaseDecreaseInOtherFinancialLiability" xlink:to="lab_itub_AdjustmentForIncreaseDecreaseInOtherFinancialLiability" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SevenPointOneEightPercentageMember_fae5c863-317d-4a00-b932-803524bafb1b_terseLabel_en-US" xlink:label="lab_itub_SevenPointOneEightPercentageMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">7.18%</link:label>
    <link:label id="lab_itub_SevenPointOneEightPercentageMember_label_en-US" xlink:label="lab_itub_SevenPointOneEightPercentageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Seven Point One Eight Percentage [Member]</link:label>
    <link:label id="lab_itub_SevenPointOneEightPercentageMember_documentation_en-US" xlink:label="lab_itub_SevenPointOneEightPercentageMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Seven Point One Eight Percentage [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SevenPointOneEightPercentageMember" xlink:href="itub-20251231.xsd#itub_SevenPointOneEightPercentageMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SevenPointOneEightPercentageMember" xlink:to="lab_itub_SevenPointOneEightPercentageMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LoanCommitmentsMember_a46cbe7f-41fe-4b41-9db4-bb33fb19aef0_terseLabel_en-US" xlink:label="lab_ifrs-full_LoanCommitmentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loan Commitments</link:label>
    <link:label id="lab_ifrs-full_LoanCommitmentsMember_label_en-US" xlink:label="lab_ifrs-full_LoanCommitmentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loan commitments [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LoanCommitmentsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LoanCommitmentsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LoanCommitmentsMember" xlink:to="lab_ifrs-full_LoanCommitmentsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestAndDividendsReceivedClassifiedAsInvestingActivities_107fa421-c0e5-4884-af4c-cc8ba263c343_terseLabel_en-US" xlink:label="lab_itub_InterestAndDividendsReceivedClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividends / Interest on capital received from investments in associates and joint ventures</link:label>
    <link:label id="lab_itub_InterestAndDividendsReceivedClassifiedAsInvestingActivities_label_en-US" xlink:label="lab_itub_InterestAndDividendsReceivedClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends / Interest on capital received from investments in associates and joint ventures</link:label>
    <link:label id="lab_itub_InterestAndDividendsReceivedClassifiedAsInvestingActivities_documentation_en-US" xlink:label="lab_itub_InterestAndDividendsReceivedClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Dividends / Interest on capital received from investments in associates and joint ventures</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestAndDividendsReceivedClassifiedAsInvestingActivities" xlink:href="itub-20251231.xsd#itub_InterestAndDividendsReceivedClassifiedAsInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestAndDividendsReceivedClassifiedAsInvestingActivities" xlink:to="lab_itub_InterestAndDividendsReceivedClassifiedAsInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_HipercardBancoMultiploSAMember_abc08578-c893-4fc7-8949-f463d6f6672a_terseLabel_en-US" xlink:label="lab_itub_HipercardBancoMultiploSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hipercard Banco M&#250;ltiplo S.A.</link:label>
    <link:label id="lab_itub_HipercardBancoMultiploSAMember_label_en-US" xlink:label="lab_itub_HipercardBancoMultiploSAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hipercard Banco Multiplo S.A. [Member]</link:label>
    <link:label id="lab_itub_HipercardBancoMultiploSAMember_documentation_en-US" xlink:label="lab_itub_HipercardBancoMultiploSAMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Hipercard Banco Multiplo S.A.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_HipercardBancoMultiploSAMember" xlink:href="itub-20251231.xsd#itub_HipercardBancoMultiploSAMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_HipercardBancoMultiploSAMember" xlink:to="lab_itub_HipercardBancoMultiploSAMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherFinancialsLiabilitiesMember_d1d36fbe-2a08-4dd9-a6fb-93dec289af54_terseLabel_en-US" xlink:label="lab_itub_OtherFinancialsLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other financial liabilities</link:label>
    <link:label id="lab_itub_OtherFinancialsLiabilitiesMember_label_en-US" xlink:label="lab_itub_OtherFinancialsLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Financials Liabilities [Member]</link:label>
    <link:label id="lab_itub_OtherFinancialsLiabilitiesMember_documentation_en-US" xlink:label="lab_itub_OtherFinancialsLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Financials Liabilities [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherFinancialsLiabilitiesMember" xlink:href="itub-20251231.xsd#itub_OtherFinancialsLiabilitiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherFinancialsLiabilitiesMember" xlink:to="lab_itub_OtherFinancialsLiabilitiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_1d347ece-a080-4b87-8f0e-bea3ac6c0619_negatedLabel_en-US" xlink:label="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Impairment</link:label>
    <link:label id="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Impairment loss recognised in profit or loss, property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_EurobondsAndOthersMember_88b26ba2-7096-4dfa-8580-53e72156e937_terseLabel_en-US" xlink:label="lab_itub_EurobondsAndOthersMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Eurobonds and other</link:label>
    <link:label id="lab_itub_EurobondsAndOthersMember_label_en-US" xlink:label="lab_itub_EurobondsAndOthersMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Eurobonds And Others [Member]</link:label>
    <link:label id="lab_itub_EurobondsAndOthersMember_documentation_en-US" xlink:label="lab_itub_EurobondsAndOthersMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Eurobonds And Others [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_EurobondsAndOthersMember" xlink:href="itub-20251231.xsd#itub_EurobondsAndOthersMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_EurobondsAndOthersMember" xlink:to="lab_itub_EurobondsAndOthersMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ChangesInGoodwill_53215dfb-4d69-46b7-a022-f2f4f75a340c_terseLabel_en-US" xlink:label="lab_ifrs-full_ChangesInGoodwill" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase (decrease) in goodwill</link:label>
    <link:label id="lab_ifrs-full_ChangesInGoodwill_label_en-US" xlink:label="lab_ifrs-full_ChangesInGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) in goodwill</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ChangesInGoodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ChangesInGoodwill"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ChangesInGoodwill" xlink:to="lab_ifrs-full_ChangesInGoodwill" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities_1e953d78-8252-44bb-a89a-78cb1c8ee0c8_totalLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash from / (used in) financing activities</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) financing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:to="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_StagesOneMember_d431876f-baa7-4473-964c-ff0e1391b70f_terseLabel_en-US" xlink:label="lab_itub_StagesOneMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stage 1</link:label>
    <link:label id="lab_itub_StagesOneMember_label_en-US" xlink:label="lab_itub_StagesOneMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stages One [Member]</link:label>
    <link:label id="lab_itub_StagesOneMember_documentation_en-US" xlink:label="lab_itub_StagesOneMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Stages One [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_StagesOneMember" xlink:href="itub-20251231.xsd#itub_StagesOneMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_StagesOneMember" xlink:to="lab_itub_StagesOneMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CounterpartiesAxis_daa26de8-d8f0-4580-8657-10ac20d09573_terseLabel_en-US" xlink:label="lab_ifrs-full_CounterpartiesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Counterparties [axis]</link:label>
    <link:label id="lab_ifrs-full_CounterpartiesAxis_label_en-US" xlink:label="lab_ifrs-full_CounterpartiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Counterparties [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CounterpartiesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CounterpartiesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CounterpartiesAxis" xlink:to="lab_ifrs-full_CounterpartiesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PreferenceSharesMember_7fe1baa0-80b5-49f8-b107-d1d351b069c9_terseLabel_en-US" xlink:label="lab_ifrs-full_PreferenceSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred</link:label>
    <link:label id="lab_ifrs-full_PreferenceSharesMember_label_en-US" xlink:label="lab_ifrs-full_PreferenceSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preference shares [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PreferenceSharesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PreferenceSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PreferenceSharesMember" xlink:to="lab_ifrs-full_PreferenceSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RestrictedInvestmentWithoutCoObligationMember_019d6687-ccdd-7326-93b7-bfd1cdc8fbbc_terseLabel_en-US" xlink:label="lab_itub_RestrictedInvestmentWithoutCoObligationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted Investment Without Co-Obligation</link:label>
    <link:label id="lab_itub_RestrictedInvestmentWithoutCoObligationMember_label_en-US" xlink:label="lab_itub_RestrictedInvestmentWithoutCoObligationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restricted Investment Without Co-Obligation [Member]</link:label>
    <link:label id="lab_itub_RestrictedInvestmentWithoutCoObligationMember_documentation_en-US" xlink:label="lab_itub_RestrictedInvestmentWithoutCoObligationMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Restricted Investment Without Co-Obligation</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RestrictedInvestmentWithoutCoObligationMember" xlink:href="itub-20251231.xsd#itub_RestrictedInvestmentWithoutCoObligationMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RestrictedInvestmentWithoutCoObligationMember" xlink:to="lab_itub_RestrictedInvestmentWithoutCoObligationMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PlanAssetsAtFairValue_6b9e9233-d543-4b87-9867-7e1fd7a31c2c_verboseLabel_en-US" xlink:label="lab_ifrs-full_PlanAssetsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Fair value</link:label>
    <link:label id="lab_ifrs-full_PlanAssetsAtFairValue_df3c092e-b660-430a-a131-25537ad02879_terseLabel_en-US" xlink:label="lab_ifrs-full_PlanAssetsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Plan assets, at fair value</link:label>
    <link:label id="lab_ifrs-full_PlanAssetsAtFairValue_label_en-US" xlink:label="lab_ifrs-full_PlanAssetsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Plan assets, at fair value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PlanAssetsAtFairValue" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PlanAssetsAtFairValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PlanAssetsAtFairValue" xlink:to="lab_ifrs-full_PlanAssetsAtFairValue" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TreasuryShares_ec7e4abf-6deb-4a81-b7af-4cf3994ef36c_negatedLabel_en-US" xlink:label="lab_ifrs-full_TreasuryShares" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Treasury shares</link:label>
    <link:label id="lab_ifrs-full_TreasuryShares_label_en-US" xlink:label="lab_ifrs-full_TreasuryShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Treasury shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TreasuryShares" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TreasuryShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TreasuryShares" xlink:to="lab_ifrs-full_TreasuryShares" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialAssetsDesignatedAtFairValueThroughProfitOrLossEquitySecuritiesMember_1f91ade7-e1e1-433e-87c9-fe33d0d95339_terseLabel_en-US" xlink:label="lab_itub_FinancialAssetsDesignatedAtFairValueThroughProfitOrLossEquitySecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial assets designated at fair value through profit or loss</link:label>
    <link:label id="lab_itub_FinancialAssetsDesignatedAtFairValueThroughProfitOrLossEquitySecuritiesMember_label_en-US" xlink:label="lab_itub_FinancialAssetsDesignatedAtFairValueThroughProfitOrLossEquitySecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Assets Designated At Fair Value Through Profit Or Loss Equity Securities [Member]</link:label>
    <link:label id="lab_itub_FinancialAssetsDesignatedAtFairValueThroughProfitOrLossEquitySecuritiesMember_documentation_en-US" xlink:label="lab_itub_FinancialAssetsDesignatedAtFairValueThroughProfitOrLossEquitySecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial Assets Designated At Fair Value Through Profit Or Loss Equity Securities [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialAssetsDesignatedAtFairValueThroughProfitOrLossEquitySecuritiesMember" xlink:href="itub-20251231.xsd#itub_FinancialAssetsDesignatedAtFairValueThroughProfitOrLossEquitySecuritiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialAssetsDesignatedAtFairValueThroughProfitOrLossEquitySecuritiesMember" xlink:to="lab_itub_FinancialAssetsDesignatedAtFairValueThroughProfitOrLossEquitySecuritiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_NonFinancialAssetsAtFairValue_e94e1f8e-bbcf-406f-8660-6c174354a742_verboseLabel_en-US" xlink:label="lab_itub_NonFinancialAssetsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Non-financial assets</link:label>
    <link:label id="lab_itub_NonFinancialAssetsAtFairValue_label_en-US" xlink:label="lab_itub_NonFinancialAssetsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non Financial Assets At Fair Value</link:label>
    <link:label id="lab_itub_NonFinancialAssetsAtFairValue_documentation_en-US" xlink:label="lab_itub_NonFinancialAssetsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Non Financial Assets At Fair Value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_NonFinancialAssetsAtFairValue" xlink:href="itub-20251231.xsd#itub_NonFinancialAssetsAtFairValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_NonFinancialAssetsAtFairValue" xlink:to="lab_itub_NonFinancialAssetsAtFairValue" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestOnCapitalNet_2fe2c2aa-5b02-4fbb-9fac-12890371b729_verboseLabel_en-US" xlink:label="lab_itub_InterestOnCapitalNet" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Interest on capital, Net</link:label>
    <link:label id="lab_itub_InterestOnCapitalNet_label_en-US" xlink:label="lab_itub_InterestOnCapitalNet" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest On Capital Net</link:label>
    <link:label id="lab_itub_InterestOnCapitalNet_documentation_en-US" xlink:label="lab_itub_InterestOnCapitalNet" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest On Capital Net</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestOnCapitalNet" xlink:href="itub-20251231.xsd#itub_InterestOnCapitalNet"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestOnCapitalNet" xlink:to="lab_itub_InterestOnCapitalNet" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FourPointFourFivePercentageMember_71195be2-bb7b-45a5-987e-2daddcc41d01_terseLabel_en-US" xlink:label="lab_itub_FourPointFourFivePercentageMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">4.45%</link:label>
    <link:label id="lab_itub_FourPointFourFivePercentageMember_label_en-US" xlink:label="lab_itub_FourPointFourFivePercentageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Four Point Four Five Percentage [Member]</link:label>
    <link:label id="lab_itub_FourPointFourFivePercentageMember_documentation_en-US" xlink:label="lab_itub_FourPointFourFivePercentageMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Four Point Four Five Percentage [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FourPointFourFivePercentageMember" xlink:href="itub-20251231.xsd#itub_FourPointFourFivePercentageMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FourPointFourFivePercentageMember" xlink:to="lab_itub_FourPointFourFivePercentageMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PromotionAndOfferOfFinancialProductsAndServiceMember_15213390-ae58-4f0c-bb4a-cee0215748df_terseLabel_en-US" xlink:label="lab_itub_PromotionAndOfferOfFinancialProductsAndServiceMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Association for the promotion and offer of financial products and services</link:label>
    <link:label id="lab_itub_PromotionAndOfferOfFinancialProductsAndServiceMember_label_en-US" xlink:label="lab_itub_PromotionAndOfferOfFinancialProductsAndServiceMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Promotion And Offer Of Financial Products And Service [Member]</link:label>
    <link:label id="lab_itub_PromotionAndOfferOfFinancialProductsAndServiceMember_documentation_en-US" xlink:label="lab_itub_PromotionAndOfferOfFinancialProductsAndServiceMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Promotion And Offer Of Financial Products And Service [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PromotionAndOfferOfFinancialProductsAndServiceMember" xlink:href="itub-20251231.xsd#itub_PromotionAndOfferOfFinancialProductsAndServiceMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PromotionAndOfferOfFinancialProductsAndServiceMember" xlink:to="lab_itub_PromotionAndOfferOfFinancialProductsAndServiceMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatementOfChangesInEquityTable_4bab182a-fb0a-4826-8d23-43e2ff3aeb19_terseLabel_en-US" xlink:label="lab_ifrs-full_StatementOfChangesInEquityTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement of changes in equity [table]</link:label>
    <link:label id="lab_ifrs-full_StatementOfChangesInEquityTable_label_en-US" xlink:label="lab_ifrs-full_StatementOfChangesInEquityTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of changes in equity [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfChangesInEquityTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfChangesInEquityTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfChangesInEquityTable" xlink:to="lab_ifrs-full_StatementOfChangesInEquityTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ActuarialAssumptionsAxis_b3ec37ca-84ee-4f14-9703-be3bb63a9f07_terseLabel_en-US" xlink:label="lab_ifrs-full_ActuarialAssumptionsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Actuarial assumptions [axis]</link:label>
    <link:label id="lab_ifrs-full_ActuarialAssumptionsAxis_label_en-US" xlink:label="lab_ifrs-full_ActuarialAssumptionsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Actuarial assumptions [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ActuarialAssumptionsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ActuarialAssumptionsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ActuarialAssumptionsAxis" xlink:to="lab_ifrs-full_ActuarialAssumptionsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LoanOperationsAndLeaseOperationsPortfolio_d719e30e-fbf5-4b4c-a0fa-3fe68a1352f1_terseLabel_en-US" xlink:label="lab_itub_LoanOperationsAndLeaseOperationsPortfolio" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loan and lease operations</link:label>
    <link:label id="lab_itub_LoanOperationsAndLeaseOperationsPortfolio_2fdbfbd0-30b7-4db6-b505-3342e3a153a8_verboseLabel_en-US" xlink:label="lab_itub_LoanOperationsAndLeaseOperationsPortfolio" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Loan and lease operations</link:label>
    <link:label id="lab_itub_LoanOperationsAndLeaseOperationsPortfolio_label_en-US" xlink:label="lab_itub_LoanOperationsAndLeaseOperationsPortfolio" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loan Operations And Lease Operations Portfolio</link:label>
    <link:label id="lab_itub_LoanOperationsAndLeaseOperationsPortfolio_documentation_en-US" xlink:label="lab_itub_LoanOperationsAndLeaseOperationsPortfolio" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loan Operations And Lease Operations Portfolio</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LoanOperationsAndLeaseOperationsPortfolio" xlink:href="itub-20251231.xsd#itub_LoanOperationsAndLeaseOperationsPortfolio"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LoanOperationsAndLeaseOperationsPortfolio" xlink:to="lab_itub_LoanOperationsAndLeaseOperationsPortfolio" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CivilLaborAndOtherProvisionsMember_118dee75-39a9-4eaa-9e9d-b06b4f7a6206_terseLabel_en-US" xlink:label="lab_itub_CivilLaborAndOtherProvisionsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_itub_CivilLaborAndOtherProvisionsMember_label_en-US" xlink:label="lab_itub_CivilLaborAndOtherProvisionsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Civil Labor And Other Provisions [Member]</link:label>
    <link:label id="lab_itub_CivilLaborAndOtherProvisionsMember_documentation_en-US" xlink:label="lab_itub_CivilLaborAndOtherProvisionsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Civil Labor And Other Provisions [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CivilLaborAndOtherProvisionsMember" xlink:href="itub-20251231.xsd#itub_CivilLaborAndOtherProvisionsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CivilLaborAndOtherProvisionsMember" xlink:to="lab_itub_CivilLaborAndOtherProvisionsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_BankGSIBAndOrDSIBAdditionalRequirements_d66c985e-d1c0-4be0-82cc-370b762bfee7_terseLabel_en-US" xlink:label="lab_itub_BankGSIBAndOrDSIBAdditionalRequirements" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bank G-SIB and/or D-SIB additional requirements (%)</link:label>
    <link:label id="lab_itub_BankGSIBAndOrDSIBAdditionalRequirements_label_en-US" xlink:label="lab_itub_BankGSIBAndOrDSIBAdditionalRequirements" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Bank G-SIB And/Or D-SIB Additional Requirements (%)</link:label>
    <link:label id="lab_itub_BankGSIBAndOrDSIBAdditionalRequirements_documentation_en-US" xlink:label="lab_itub_BankGSIBAndOrDSIBAdditionalRequirements" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Bank G-SIB And/Or D-SIB Additional Requirements (%)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_BankGSIBAndOrDSIBAdditionalRequirements" xlink:href="itub-20251231.xsd#itub_BankGSIBAndOrDSIBAdditionalRequirements"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_BankGSIBAndOrDSIBAdditionalRequirements" xlink:to="lab_itub_BankGSIBAndOrDSIBAdditionalRequirements" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TotalUnrealizedGainsLossesOnFinancialAssetsFairValue_019d6a6a-2e7f-7d79-8334-d6b40acd4b18_totalLabel_en-US" xlink:label="lab_itub_TotalUnrealizedGainsLossesOnFinancialAssetsFairValue" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total gains or Losses (unrealized)</link:label>
    <link:label id="lab_itub_TotalUnrealizedGainsLossesOnFinancialAssetsFairValue_label_en-US" xlink:label="lab_itub_TotalUnrealizedGainsLossesOnFinancialAssetsFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Unrealized Gains (Losses) On Financial Assets, Fair Value</link:label>
    <link:label id="lab_itub_TotalUnrealizedGainsLossesOnFinancialAssetsFairValue_documentation_en-US" xlink:label="lab_itub_TotalUnrealizedGainsLossesOnFinancialAssetsFairValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total Unrealized Gains (Losses) On Financial Assets, Fair Value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TotalUnrealizedGainsLossesOnFinancialAssetsFairValue" xlink:href="itub-20251231.xsd#itub_TotalUnrealizedGainsLossesOnFinancialAssetsFairValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TotalUnrealizedGainsLossesOnFinancialAssetsFairValue" xlink:to="lab_itub_TotalUnrealizedGainsLossesOnFinancialAssetsFairValue" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TwoThousandAndTwentyEightMember_e46e5272-9c01-4bb9-bf49-764a1434f666_terseLabel_en-US" xlink:label="lab_itub_TwoThousandAndTwentyEightMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2028</link:label>
    <link:label id="lab_itub_TwoThousandAndTwentyEightMember_label_en-US" xlink:label="lab_itub_TwoThousandAndTwentyEightMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Two Thousand And Twenty Eight [Member]</link:label>
    <link:label id="lab_itub_TwoThousandAndTwentyEightMember_documentation_en-US" xlink:label="lab_itub_TwoThousandAndTwentyEightMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Two Thousand And Twenty Eight [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TwoThousandAndTwentyEightMember" xlink:href="itub-20251231.xsd#itub_TwoThousandAndTwentyEightMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TwoThousandAndTwentyEightMember" xlink:to="lab_itub_TwoThousandAndTwentyEightMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CurrencyOptionsContractMember_44fe9fb9-88a0-471a-9044-4166840e7541_terseLabel_en-US" xlink:label="lab_itub_CurrencyOptionsContractMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Options</link:label>
    <link:label id="lab_itub_CurrencyOptionsContractMember_label_en-US" xlink:label="lab_itub_CurrencyOptionsContractMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Currency Options Contract [Member]</link:label>
    <link:label id="lab_itub_CurrencyOptionsContractMember_documentation_en-US" xlink:label="lab_itub_CurrencyOptionsContractMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Currency Options Contract [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CurrencyOptionsContractMember" xlink:href="itub-20251231.xsd#itub_CurrencyOptionsContractMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CurrencyOptionsContractMember" xlink:to="lab_itub_CurrencyOptionsContractMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfAssetsDomain_2d228293-dd1e-4d0f-95a8-246fb2006fa0_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of assets [domain]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfAssetsDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of assets [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfAssetsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfAssetsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfAssetsDomain" xlink:to="lab_ifrs-full_ClassesOfAssetsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CapitalCompensationPolicyTextBlock_ede15393-efa9-4bb3-9dad-bd24aa12a466_terseLabel_en-US" xlink:label="lab_itub_CapitalCompensationPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital compensation</link:label>
    <link:label id="lab_itub_CapitalCompensationPolicyTextBlock_label_en-US" xlink:label="lab_itub_CapitalCompensationPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital compensation [Policy Text Block]</link:label>
    <link:label id="lab_itub_CapitalCompensationPolicyTextBlock_documentation_en-US" xlink:label="lab_itub_CapitalCompensationPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Capital compensation</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CapitalCompensationPolicyTextBlock" xlink:href="itub-20251231.xsd#itub_CapitalCompensationPolicyTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CapitalCompensationPolicyTextBlock" xlink:to="lab_itub_CapitalCompensationPolicyTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_fca21106-51e0-4def-bc75-0a50b44fefb4_terseLabel_en-US" xlink:label="lab_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">(Purchase) / Redemptions of financial assets at amortized cost</link:label>
    <link:label id="lab_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_label_en-US" xlink:label="lab_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from sales of property, plant and equipment, classified as investing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:to="lab_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfMainInvestmentsTableTextBlock_c184fb23-6fcc-4d99-88f6-79e920d7f11d_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfMainInvestmentsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Non-Material Individual Investments</link:label>
    <link:label id="lab_itub_ScheduleOfMainInvestmentsTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfMainInvestmentsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Main Investments [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfMainInvestmentsTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfMainInvestmentsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Main Investments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfMainInvestmentsTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfMainInvestmentsTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfMainInvestmentsTableTextBlock" xlink:to="lab_itub_ScheduleOfMainInvestmentsTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TransfersFromStageTwoAllowanceAccountForCreditLossesOfFinancialAssets_1584f3a4-c486-437b-86ad-11f550f1c14b_terseLabel_en-US" xlink:label="lab_itub_TransfersFromStageTwoAllowanceAccountForCreditLossesOfFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transfer from Stage 2</link:label>
    <link:label id="lab_itub_TransfersFromStageTwoAllowanceAccountForCreditLossesOfFinancialAssets_label_en-US" xlink:label="lab_itub_TransfersFromStageTwoAllowanceAccountForCreditLossesOfFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfer from Stage 2</link:label>
    <link:label id="lab_itub_TransfersFromStageTwoAllowanceAccountForCreditLossesOfFinancialAssets_documentation_en-US" xlink:label="lab_itub_TransfersFromStageTwoAllowanceAccountForCreditLossesOfFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Transfer from Stage 2</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TransfersFromStageTwoAllowanceAccountForCreditLossesOfFinancialAssets" xlink:href="itub-20251231.xsd#itub_TransfersFromStageTwoAllowanceAccountForCreditLossesOfFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TransfersFromStageTwoAllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="lab_itub_TransfersFromStageTwoAllowanceAccountForCreditLossesOfFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypesOfHedgesDomain_918a42ba-9c98-4189-b975-759c25a1668c_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfHedgesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types of hedges [domain]</link:label>
    <link:label id="lab_ifrs-full_TypesOfHedgesDomain_label_en-US" xlink:label="lab_ifrs-full_TypesOfHedgesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Types of hedges [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfHedgesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfHedgesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfHedgesDomain" xlink:to="lab_ifrs-full_TypesOfHedgesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfOffBalanceCommitmentsTableTextBlock_b612f4bd-dee0-4ed0-9602-a250de76d189_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfOffBalanceCommitmentsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Off Balance Commitments</link:label>
    <link:label id="lab_itub_ScheduleOfOffBalanceCommitmentsTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfOffBalanceCommitmentsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Off Balance Commitments [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfOffBalanceCommitmentsTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfOffBalanceCommitmentsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Off Balance Commitments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfOffBalanceCommitmentsTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfOffBalanceCommitmentsTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfOffBalanceCommitmentsTableTextBlock" xlink:to="lab_itub_ScheduleOfOffBalanceCommitmentsTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IncomeTaxRelatingToAvailableforsaleFinancialAssetOfOtherComprehensiveIncome_976a2a2b-b93a-4752-ae23-c3f92919f59a_terseLabel_en-US" xlink:label="lab_itub_IncomeTaxRelatingToAvailableforsaleFinancialAssetOfOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Tax effect</link:label>
    <link:label id="lab_itub_IncomeTaxRelatingToAvailableforsaleFinancialAssetOfOtherComprehensiveIncome_label_en-US" xlink:label="lab_itub_IncomeTaxRelatingToAvailableforsaleFinancialAssetOfOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax effect</link:label>
    <link:label id="lab_itub_IncomeTaxRelatingToAvailableforsaleFinancialAssetOfOtherComprehensiveIncome_documentation_en-US" xlink:label="lab_itub_IncomeTaxRelatingToAvailableforsaleFinancialAssetOfOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tax effect</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IncomeTaxRelatingToAvailableforsaleFinancialAssetOfOtherComprehensiveIncome" xlink:href="itub-20251231.xsd#itub_IncomeTaxRelatingToAvailableforsaleFinancialAssetOfOtherComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IncomeTaxRelatingToAvailableforsaleFinancialAssetOfOtherComprehensiveIncome" xlink:to="lab_itub_IncomeTaxRelatingToAvailableforsaleFinancialAssetOfOtherComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TotaledAverageSovereignSecurities_d160854d-8340-4975-b2f7-e41a958f4c01_terseLabel_en-US" xlink:label="lab_itub_TotaledAverageSovereignSecurities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Totaled average sovereign securities</link:label>
    <link:label id="lab_itub_TotaledAverageSovereignSecurities_label_en-US" xlink:label="lab_itub_TotaledAverageSovereignSecurities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Totaled Average Sovereign Securities</link:label>
    <link:label id="lab_itub_TotaledAverageSovereignSecurities_documentation_en-US" xlink:label="lab_itub_TotaledAverageSovereignSecurities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Totaled Average Sovereign Securities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TotaledAverageSovereignSecurities" xlink:href="itub-20251231.xsd#itub_TotaledAverageSovereignSecurities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TotaledAverageSovereignSecurities" xlink:to="lab_itub_TotaledAverageSovereignSecurities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BottomOfRangeMember_c84ec6e0-dd24-4cae-9a5b-5715a050f136_terseLabel_en-US" xlink:label="lab_ifrs-full_BottomOfRangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Minimum</link:label>
    <link:label id="lab_ifrs-full_BottomOfRangeMember_label_en-US" xlink:label="lab_ifrs-full_BottomOfRangeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Bottom of range [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BottomOfRangeMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BottomOfRangeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BottomOfRangeMember" xlink:to="lab_ifrs-full_BottomOfRangeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed_02586a4d-bdb7-4821-9067-7227445570e8_negatedLabel_en-US" xlink:label="lab_ifrs-full_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Lease expenses for low value assets</link:label>
    <link:label id="lab_ifrs-full_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed_label_en-US" xlink:label="lab_ifrs-full_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expense relating to leases of low-value assets for which recognition exemption has been used</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed" xlink:to="lab_ifrs-full_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfCollateralForLoansAndFinancialLeaseOperationsTableTextBlock_5d1a4abd-455d-4888-a710-781b3fd8e84e_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfCollateralForLoansAndFinancialLeaseOperationsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Collateral for Loans and Financial Lease Operations</link:label>
    <link:label id="lab_itub_ScheduleOfCollateralForLoansAndFinancialLeaseOperationsTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfCollateralForLoansAndFinancialLeaseOperationsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Collateral For Loans And Financial Lease Operations [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfCollateralForLoansAndFinancialLeaseOperationsTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfCollateralForLoansAndFinancialLeaseOperationsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Collateral For Loans And Financial Lease Operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfCollateralForLoansAndFinancialLeaseOperationsTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfCollateralForLoansAndFinancialLeaseOperationsTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfCollateralForLoansAndFinancialLeaseOperationsTableTextBlock" xlink:to="lab_itub_ScheduleOfCollateralForLoansAndFinancialLeaseOperationsTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OthersFinancialAssets_5dbb639d-f223-4450-aa45-329b038092e9_verboseLabel_en-US" xlink:label="lab_itub_OthersFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other financial assets</link:label>
    <link:label id="lab_itub_OthersFinancialAssets_label_en-US" xlink:label="lab_itub_OthersFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Others Financial Assets</link:label>
    <link:label id="lab_itub_OthersFinancialAssets_documentation_en-US" xlink:label="lab_itub_OthersFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Others Financial Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OthersFinancialAssets" xlink:href="itub-20251231.xsd#itub_OthersFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OthersFinancialAssets" xlink:to="lab_itub_OthersFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_BasisOfPreparationPolicyTextBlock_570c0510-83cf-42ec-b1d1-75f397109671_terseLabel_en-US" xlink:label="lab_itub_BasisOfPreparationPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basis of preparation</link:label>
    <link:label id="lab_itub_BasisOfPreparationPolicyTextBlock_label_en-US" xlink:label="lab_itub_BasisOfPreparationPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Basis of preparation [Policy Text Block]</link:label>
    <link:label id="lab_itub_BasisOfPreparationPolicyTextBlock_documentation_en-US" xlink:label="lab_itub_BasisOfPreparationPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Basis of preparation</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_BasisOfPreparationPolicyTextBlock" xlink:href="itub-20251231.xsd#itub_BasisOfPreparationPolicyTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_BasisOfPreparationPolicyTextBlock" xlink:to="lab_itub_BasisOfPreparationPolicyTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CategoriesOfRelatedPartiesAxis_97fcbf0c-d3b8-4872-95c9-9f70a868bfb5_terseLabel_en-US" xlink:label="lab_ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Categories of related parties [axis]</link:label>
    <link:label id="lab_ifrs-full_CategoriesOfRelatedPartiesAxis_label_en-US" xlink:label="lab_ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Categories of related parties [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CategoriesOfRelatedPartiesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:to="lab_ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory_bdd22d39-42ef-475d-94f4-be3661485126_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Impairment of non-financial assets</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for impairment of non-financial assets [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AdjustmentsForLoanOperations_d0185970-3112-4468-879d-d19f372b6635_terseLabel_en-US" xlink:label="lab_itub_AdjustmentsForLoanOperations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loan and lease operations</link:label>
    <link:label id="lab_itub_AdjustmentsForLoanOperations_label_en-US" xlink:label="lab_itub_AdjustmentsForLoanOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loan operations</link:label>
    <link:label id="lab_itub_AdjustmentsForLoanOperations_documentation_en-US" xlink:label="lab_itub_AdjustmentsForLoanOperations" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loan operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AdjustmentsForLoanOperations" xlink:href="itub-20251231.xsd#itub_AdjustmentsForLoanOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AdjustmentsForLoanOperations" xlink:to="lab_itub_AdjustmentsForLoanOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProfitLoss_af7021f1-6bc3-4786-9f61-592779e1cb13_totalLabel_en-US" xlink:label="lab_ifrs-full_ProfitLoss" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net income / (loss)</link:label>
    <link:label id="lab_ifrs-full_ProfitLoss_34ab02aa-9fac-4108-973a-a36c9845bc0d_terseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net income / (loss)</link:label>
    <link:label id="lab_ifrs-full_ProfitLoss_932d7b71-7d93-47e4-afd3-24e8723b8b3b_verboseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLoss" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Net income</link:label>
    <link:label id="lab_ifrs-full_ProfitLoss_label_en-US" xlink:label="lab_ifrs-full_ProfitLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit (loss)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProfitLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLoss" xlink:to="lab_ifrs-full_ProfitLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TimeDepositsMember_019cb910-d098-7c84-9ff3-52c8bd018455_verboseLabel_en-US" xlink:label="lab_itub_TimeDepositsMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Time deposits</link:label>
    <link:label id="lab_itub_TimeDepositsMember_12e0a88f-bafa-427d-9e59-8fa7e7c4382f_terseLabel_en-US" xlink:label="lab_itub_TimeDepositsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Time deposit</link:label>
    <link:label id="lab_itub_TimeDepositsMember_label_en-US" xlink:label="lab_itub_TimeDepositsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Time Deposits [Member]</link:label>
    <link:label id="lab_itub_TimeDepositsMember_documentation_en-US" xlink:label="lab_itub_TimeDepositsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Time Deposits [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TimeDepositsMember" xlink:href="itub-20251231.xsd#itub_TimeDepositsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TimeDepositsMember" xlink:to="lab_itub_TimeDepositsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForUndistributedProfitsOfAssociates_b57e4fb5-9cd2-4990-b178-fbcad5ce7efc_negatedLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForUndistributedProfitsOfAssociates" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Income from share in the net income of associates and joint ventures and other investments</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForUndistributedProfitsOfAssociates_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForUndistributedProfitsOfAssociates" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for undistributed profits of associates</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForUndistributedProfitsOfAssociates" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForUndistributedProfitsOfAssociates"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForUndistributedProfitsOfAssociates" xlink:to="lab_ifrs-full_AdjustmentsForUndistributedProfitsOfAssociates" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_NumberOfShareOptionsCancelledInShareBasedPaymentArrangement_019da957-5ffd-7469-ac99-4e7c63a7f561_negatedTerseLabel_en-US" xlink:label="lab_itub_NumberOfShareOptionsCancelledInShareBasedPaymentArrangement" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Cancelled</link:label>
    <link:label id="lab_itub_NumberOfShareOptionsCancelledInShareBasedPaymentArrangement_label_en-US" xlink:label="lab_itub_NumberOfShareOptionsCancelledInShareBasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cancelled</link:label>
    <link:label id="lab_itub_NumberOfShareOptionsCancelledInShareBasedPaymentArrangement_documentation_en-US" xlink:label="lab_itub_NumberOfShareOptionsCancelledInShareBasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cancelled</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_NumberOfShareOptionsCancelledInShareBasedPaymentArrangement" xlink:href="itub-20251231.xsd#itub_NumberOfShareOptionsCancelledInShareBasedPaymentArrangement"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_NumberOfShareOptionsCancelledInShareBasedPaymentArrangement" xlink:to="lab_itub_NumberOfShareOptionsCancelledInShareBasedPaymentArrangement" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ITBHoldingBrasilParticipacoesLtda.Member_019dbecb-6702-7a9e-ba46-eef8e33162ee_terseLabel_en-US" xlink:label="lab_itub_ITBHoldingBrasilParticipacoesLtda.Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">ITB Holding Brasil Participa&#231;&#245;es Ltda.</link:label>
    <link:label id="lab_itub_ITBHoldingBrasilParticipacoesLtda.Member_label_en-US" xlink:label="lab_itub_ITBHoldingBrasilParticipacoesLtda.Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">ITB Holding Brasil Participa&#231;&#245;es Ltda. [Member]</link:label>
    <link:label id="lab_itub_ITBHoldingBrasilParticipacoesLtda.Member_documentation_en-US" xlink:label="lab_itub_ITBHoldingBrasilParticipacoesLtda.Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">ITB Holding Brasil Participa&#231;&#245;es Ltda.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ITBHoldingBrasilParticipacoesLtda.Member" xlink:href="itub-20251231.xsd#itub_ITBHoldingBrasilParticipacoesLtda.Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ITBHoldingBrasilParticipacoesLtda.Member" xlink:to="lab_itub_ITBHoldingBrasilParticipacoesLtda.Member" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_MaximumRevenuePercentageRepresentedByClients_28214b5b-e607-47c9-9aae-b71b756dc484_terseLabel_en-US" xlink:label="lab_itub_MaximumRevenuePercentageRepresentedByClients" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum revenue percentage represented by clients</link:label>
    <link:label id="lab_itub_MaximumRevenuePercentageRepresentedByClients_label_en-US" xlink:label="lab_itub_MaximumRevenuePercentageRepresentedByClients" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maximum Revenue Percentage Represented By Clients</link:label>
    <link:label id="lab_itub_MaximumRevenuePercentageRepresentedByClients_documentation_en-US" xlink:label="lab_itub_MaximumRevenuePercentageRepresentedByClients" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Maximum Revenue Percentage Represented By Clients</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_MaximumRevenuePercentageRepresentedByClients" xlink:href="itub-20251231.xsd#itub_MaximumRevenuePercentageRepresentedByClients"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_MaximumRevenuePercentageRepresentedByClients" xlink:to="lab_itub_MaximumRevenuePercentageRepresentedByClients" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DerivativesHeldTradingOfFinancialAssetsAtFairValueThroughProfitOrLossDesignatedRecognition_ed043da1-fbc3-408a-aac8-6ce17082738f_verboseLabel_en-US" xlink:label="lab_itub_DerivativesHeldTradingOfFinancialAssetsAtFairValueThroughProfitOrLossDesignatedRecognition" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Derivatives</link:label>
    <link:label id="lab_itub_DerivativesHeldTradingOfFinancialAssetsAtFairValueThroughProfitOrLossDesignatedRecognition_label_en-US" xlink:label="lab_itub_DerivativesHeldTradingOfFinancialAssetsAtFairValueThroughProfitOrLossDesignatedRecognition" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivatives Held Trading Of Financial Assets At Fair Value Through Profit Or Loss Designated Recognition</link:label>
    <link:label id="lab_itub_DerivativesHeldTradingOfFinancialAssetsAtFairValueThroughProfitOrLossDesignatedRecognition_documentation_en-US" xlink:label="lab_itub_DerivativesHeldTradingOfFinancialAssetsAtFairValueThroughProfitOrLossDesignatedRecognition" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Derivatives Held Trading Of Financial Assets At Fair Value Through Profit Or Loss Designated Recognition</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DerivativesHeldTradingOfFinancialAssetsAtFairValueThroughProfitOrLossDesignatedRecognition" xlink:href="itub-20251231.xsd#itub_DerivativesHeldTradingOfFinancialAssetsAtFairValueThroughProfitOrLossDesignatedRecognition"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DerivativesHeldTradingOfFinancialAssetsAtFairValueThroughProfitOrLossDesignatedRecognition" xlink:to="lab_itub_DerivativesHeldTradingOfFinancialAssetsAtFairValueThroughProfitOrLossDesignatedRecognition" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AssetsPledgedAsCollateralMember_59b4dbb0-294a-413e-b367-e32e926fce30_terseLabel_en-US" xlink:label="lab_itub_AssetsPledgedAsCollateralMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets pledged as collateral</link:label>
    <link:label id="lab_itub_AssetsPledgedAsCollateralMember_label_en-US" xlink:label="lab_itub_AssetsPledgedAsCollateralMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets Pledged As Collateral [Member]</link:label>
    <link:label id="lab_itub_AssetsPledgedAsCollateralMember_documentation_en-US" xlink:label="lab_itub_AssetsPledgedAsCollateralMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Assets Pledged As Collateral [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AssetsPledgedAsCollateralMember" xlink:href="itub-20251231.xsd#itub_AssetsPledgedAsCollateralMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AssetsPledgedAsCollateralMember" xlink:to="lab_itub_AssetsPledgedAsCollateralMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ClaimsRatesDecrease_08ec93aa-e7d0-46f0-98d5-c6ab265193c5_terseLabel_en-US" xlink:label="lab_itub_ClaimsRatesDecrease" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Claims rates, decrease</link:label>
    <link:label id="lab_itub_ClaimsRatesDecrease_label_en-US" xlink:label="lab_itub_ClaimsRatesDecrease" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Claims Rates, Decrease</link:label>
    <link:label id="lab_itub_ClaimsRatesDecrease_documentation_en-US" xlink:label="lab_itub_ClaimsRatesDecrease" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Claims Rates, Decrease</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ClaimsRatesDecrease" xlink:href="itub-20251231.xsd#itub_ClaimsRatesDecrease"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ClaimsRatesDecrease" xlink:to="lab_itub_ClaimsRatesDecrease" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentRegistrationStatement_0b91f80b-1c43-41a4-9f72-c6412715646c_terseLabel_en-US" xlink:label="lab_dei_DocumentRegistrationStatement" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Registration Statement</link:label>
    <link:label id="lab_dei_DocumentRegistrationStatement_label_en-US" xlink:label="lab_dei_DocumentRegistrationStatement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Registration Statement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentRegistrationStatement" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentRegistrationStatement"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentRegistrationStatement" xlink:to="lab_dei_DocumentRegistrationStatement" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SettlementsFairValueMeasurementFinancialAssetsOtherComprehensiveIncome_c4502c34-a107-4834-8a65-d306eb1e02f6_negatedLabel_en-US" xlink:label="lab_itub_SettlementsFairValueMeasurementFinancialAssetsOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Settlements</link:label>
    <link:label id="lab_itub_SettlementsFairValueMeasurementFinancialAssetsOtherComprehensiveIncome_label_en-US" xlink:label="lab_itub_SettlementsFairValueMeasurementFinancialAssetsOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Settlements, Fair Value Measurement, Financial Assets, Other Comprehensive Income</link:label>
    <link:label id="lab_itub_SettlementsFairValueMeasurementFinancialAssetsOtherComprehensiveIncome_documentation_en-US" xlink:label="lab_itub_SettlementsFairValueMeasurementFinancialAssetsOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Settlements, Fair Value Measurement, Financial Assets, Other Comprehensive Income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SettlementsFairValueMeasurementFinancialAssetsOtherComprehensiveIncome" xlink:href="itub-20251231.xsd#itub_SettlementsFairValueMeasurementFinancialAssetsOtherComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SettlementsFairValueMeasurementFinancialAssetsOtherComprehensiveIncome" xlink:to="lab_itub_SettlementsFairValueMeasurementFinancialAssetsOtherComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AssociatesMember_d3a4a3f7-3ba7-4013-a4e6-fd51205da507_terseLabel_en-US" xlink:label="lab_ifrs-full_AssociatesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Associates</link:label>
    <link:label id="lab_ifrs-full_AssociatesMember_label_en-US" xlink:label="lab_ifrs-full_AssociatesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total for all associates [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AssociatesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AssociatesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AssociatesMember" xlink:to="lab_ifrs-full_AssociatesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_NumberOfShareOptionsDeliveredInShareBasedPaymentArrangement_019da957-1e26-750b-ba65-b26b10050332_negatedTerseLabel_en-US" xlink:label="lab_itub_NumberOfShareOptionsDeliveredInShareBasedPaymentArrangement" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Delivered</link:label>
    <link:label id="lab_itub_NumberOfShareOptionsDeliveredInShareBasedPaymentArrangement_label_en-US" xlink:label="lab_itub_NumberOfShareOptionsDeliveredInShareBasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Delivered</link:label>
    <link:label id="lab_itub_NumberOfShareOptionsDeliveredInShareBasedPaymentArrangement_documentation_en-US" xlink:label="lab_itub_NumberOfShareOptionsDeliveredInShareBasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Delivered</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_NumberOfShareOptionsDeliveredInShareBasedPaymentArrangement" xlink:href="itub-20251231.xsd#itub_NumberOfShareOptionsDeliveredInShareBasedPaymentArrangement"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_NumberOfShareOptionsDeliveredInShareBasedPaymentArrangement" xlink:to="lab_itub_NumberOfShareOptionsDeliveredInShareBasedPaymentArrangement" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ManagementMembersMembersOfTheAuditCommitteeAndTheBoardOfDirectorsMember_7fa759d3-327e-4aa3-943d-524086421f2b_terseLabel_en-US" xlink:label="lab_itub_ManagementMembersMembersOfTheAuditCommitteeAndTheBoardOfDirectorsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Management Members Members of the Audit Committee and the Board of Directors</link:label>
    <link:label id="lab_itub_ManagementMembersMembersOfTheAuditCommitteeAndTheBoardOfDirectorsMember_label_en-US" xlink:label="lab_itub_ManagementMembersMembersOfTheAuditCommitteeAndTheBoardOfDirectorsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Management Members Members Of The Audit Committee And The Board Of Directors [Member]</link:label>
    <link:label id="lab_itub_ManagementMembersMembersOfTheAuditCommitteeAndTheBoardOfDirectorsMember_documentation_en-US" xlink:label="lab_itub_ManagementMembersMembersOfTheAuditCommitteeAndTheBoardOfDirectorsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Management Members Members Of The Audit Committee And The Board Of Directors [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ManagementMembersMembersOfTheAuditCommitteeAndTheBoardOfDirectorsMember" xlink:href="itub-20251231.xsd#itub_ManagementMembersMembersOfTheAuditCommitteeAndTheBoardOfDirectorsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ManagementMembersMembersOfTheAuditCommitteeAndTheBoardOfDirectorsMember" xlink:to="lab_itub_ManagementMembersMembersOfTheAuditCommitteeAndTheBoardOfDirectorsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleSecuritizationOrTransferOfFinancialAssetsTableTextBlock_137e4e33-193a-45f6-9ff4-5b24d0416bcb_terseLabel_en-US" xlink:label="lab_itub_ScheduleSecuritizationOrTransferOfFinancialAssetsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Securitization or Transfer of Financial Assets</link:label>
    <link:label id="lab_itub_ScheduleSecuritizationOrTransferOfFinancialAssetsTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleSecuritizationOrTransferOfFinancialAssetsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Securitization Or Transfer Of Financial Assets [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleSecuritizationOrTransferOfFinancialAssetsTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleSecuritizationOrTransferOfFinancialAssetsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Securitization Or Transfer Of Financial Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleSecuritizationOrTransferOfFinancialAssetsTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleSecuritizationOrTransferOfFinancialAssetsTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleSecuritizationOrTransferOfFinancialAssetsTableTextBlock" xlink:to="lab_itub_ScheduleSecuritizationOrTransferOfFinancialAssetsTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_BancoItauSuisseSAMember_bbeac899-f59b-41e1-ac6d-edbe6f7dc929_terseLabel_en-US" xlink:label="lab_itub_BancoItauSuisseSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Banco Ita&#250; (Suisse) S.A.</link:label>
    <link:label id="lab_itub_BancoItauSuisseSAMember_label_en-US" xlink:label="lab_itub_BancoItauSuisseSAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Banco Itau (Suisse) SA [Member]</link:label>
    <link:label id="lab_itub_BancoItauSuisseSAMember_documentation_en-US" xlink:label="lab_itub_BancoItauSuisseSAMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Banco Itau (Suisse) SA.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_BancoItauSuisseSAMember" xlink:href="itub-20251231.xsd#itub_BancoItauSuisseSAMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_BancoItauSuisseSAMember" xlink:to="lab_itub_BancoItauSuisseSAMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentDebtInstrumentsIssued_019d444c-d060-7b6f-b731-870675b2b940_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentDebtInstrumentsIssued" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-current</link:label>
    <link:label id="lab_ifrs-full_NoncurrentDebtInstrumentsIssued_label_en-US" xlink:label="lab_ifrs-full_NoncurrentDebtInstrumentsIssued" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current debt instruments issued</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentDebtInstrumentsIssued" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentDebtInstrumentsIssued"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentDebtInstrumentsIssued" xlink:to="lab_ifrs-full_NoncurrentDebtInstrumentsIssued" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InvestmentIncome_3a593b5e-7702-41b2-a19a-ec12b8367026_terseLabel_en-US" xlink:label="lab_ifrs-full_InvestmentIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment</link:label>
    <link:label id="lab_ifrs-full_InvestmentIncome_label_en-US" xlink:label="lab_ifrs-full_InvestmentIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InvestmentIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InvestmentIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InvestmentIncome" xlink:to="lab_ifrs-full_InvestmentIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PresentValueOfDefinedBenefitObligationMember_0507cfc9-8971-46e4-bb44-076c508f2378_terseLabel_en-US" xlink:label="lab_ifrs-full_PresentValueOfDefinedBenefitObligationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Actuarial liabilities</link:label>
    <link:label id="lab_ifrs-full_PresentValueOfDefinedBenefitObligationMember_label_en-US" xlink:label="lab_ifrs-full_PresentValueOfDefinedBenefitObligationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Present value of defined benefit obligation [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PresentValueOfDefinedBenefitObligationMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PresentValueOfDefinedBenefitObligationMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PresentValueOfDefinedBenefitObligationMember" xlink:to="lab_ifrs-full_PresentValueOfDefinedBenefitObligationMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory_30243e21-61d2-4a63-8c0d-cf7688006bf0_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Lease operations (Lessee)</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for leases [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TreasuryShare_518c0b71-994d-49b6-a0fe-9d5b25d6f962_negatedPeriodStartLabel_en-US" xlink:label="lab_itub_TreasuryShare" xlink:role="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:type="resource" xml:lang="en-US">Treasury shares, beginning balance</link:label>
    <link:label id="lab_itub_TreasuryShare_25cad7ea-db05-4a27-a680-3289c22a3c7d_negatedPeriodEndLabel_en-US" xlink:label="lab_itub_TreasuryShare" xlink:role="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:type="resource" xml:lang="en-US">Treasury shares, ending balance</link:label>
    <link:label id="lab_itub_TreasuryShare_label_en-US" xlink:label="lab_itub_TreasuryShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Treasury Share</link:label>
    <link:label id="lab_itub_TreasuryShare_documentation_en-US" xlink:label="lab_itub_TreasuryShare" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Treasury Share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TreasuryShare" xlink:href="itub-20251231.xsd#itub_TreasuryShare"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TreasuryShare" xlink:to="lab_itub_TreasuryShare" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AdjustmentForIncreaseDecreaseInDeposit_5df3f92d-17f4-4a7d-8dba-462d29584ff8_verboseLabel_en-US" xlink:label="lab_itub_AdjustmentForIncreaseDecreaseInDeposit" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Deposits</link:label>
    <link:label id="lab_itub_AdjustmentForIncreaseDecreaseInDeposit_label_en-US" xlink:label="lab_itub_AdjustmentForIncreaseDecreaseInDeposit" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustment For Increase Decrease In Deposit</link:label>
    <link:label id="lab_itub_AdjustmentForIncreaseDecreaseInDeposit_documentation_en-US" xlink:label="lab_itub_AdjustmentForIncreaseDecreaseInDeposit" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Adjustment For Increase Decrease In Deposit</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AdjustmentForIncreaseDecreaseInDeposit" xlink:href="itub-20251231.xsd#itub_AdjustmentForIncreaseDecreaseInDeposit"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AdjustmentForIncreaseDecreaseInDeposit" xlink:to="lab_itub_AdjustmentForIncreaseDecreaseInDeposit" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfProvisionMatrixLineItems_f9cac8c0-6cea-4127-b656-811cccdd4c33_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfProvisionMatrixLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of provision matrix [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfProvisionMatrixLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfProvisionMatrixLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of provision matrix [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfProvisionMatrixLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfProvisionMatrixLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfProvisionMatrixLineItems" xlink:to="lab_ifrs-full_DisclosureOfProvisionMatrixLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_BusinessContactMember_257f26a6-a657-496e-b7f4-cffcee7a7dac_terseLabel_en-US" xlink:label="lab_dei_BusinessContactMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business Contact</link:label>
    <link:label id="lab_dei_BusinessContactMember_label_en-US" xlink:label="lab_dei_BusinessContactMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Contact [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_BusinessContactMember" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_BusinessContactMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_BusinessContactMember" xlink:to="lab_dei_BusinessContactMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfChangeInShareBasedVariableCompensationTableTextBlock_eb394d2c-3d5b-442e-8855-c887b1e9fdc7_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfChangeInShareBasedVariableCompensationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Change in Share-Based Variable Compensation</link:label>
    <link:label id="lab_itub_ScheduleOfChangeInShareBasedVariableCompensationTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfChangeInShareBasedVariableCompensationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Change in Share-Based Variable Compensation [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfChangeInShareBasedVariableCompensationTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfChangeInShareBasedVariableCompensationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Change in Share-Based Variable Compensation</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfChangeInShareBasedVariableCompensationTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfChangeInShareBasedVariableCompensationTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfChangeInShareBasedVariableCompensationTableTextBlock" xlink:to="lab_itub_ScheduleOfChangeInShareBasedVariableCompensationTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LiabilitiesAbstract_ad12c7b0-2ac7-4ba4-8f7d-fc792c36575a_verboseLabel_en-US" xlink:label="lab_ifrs-full_LiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Liabilities</link:label>
    <link:label id="lab_ifrs-full_LiabilitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_LiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LiabilitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LiabilitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LiabilitiesAbstract" xlink:to="lab_ifrs-full_LiabilitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PromissoryAndCommercialNotesMember_eef7ee3a-d705-4225-b363-da25ade4167c_terseLabel_en-US" xlink:label="lab_itub_PromissoryAndCommercialNotesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Promissory and commercial notes</link:label>
    <link:label id="lab_itub_PromissoryAndCommercialNotesMember_label_en-US" xlink:label="lab_itub_PromissoryAndCommercialNotesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Promissory And Commercial Notes [Member]</link:label>
    <link:label id="lab_itub_PromissoryAndCommercialNotesMember_documentation_en-US" xlink:label="lab_itub_PromissoryAndCommercialNotesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Promissory And Commercial Notes [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PromissoryAndCommercialNotesMember" xlink:href="itub-20251231.xsd#itub_PromissoryAndCommercialNotesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PromissoryAndCommercialNotesMember" xlink:to="lab_itub_PromissoryAndCommercialNotesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CounterpartyCreditRiskMember_d6e9921e-369c-466a-98cc-c324f25645ae_terseLabel_en-US" xlink:label="lab_itub_CounterpartyCreditRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Counterparty credit risk (CCR)</link:label>
    <link:label id="lab_itub_CounterpartyCreditRiskMember_label_en-US" xlink:label="lab_itub_CounterpartyCreditRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Counterparty Credit Risk [Member]</link:label>
    <link:label id="lab_itub_CounterpartyCreditRiskMember_documentation_en-US" xlink:label="lab_itub_CounterpartyCreditRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Counterparty Credit Risk [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CounterpartyCreditRiskMember" xlink:href="itub-20251231.xsd#itub_CounterpartyCreditRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CounterpartyCreditRiskMember" xlink:to="lab_itub_CounterpartyCreditRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading_d0b6cbaa-5d9a-46c6-a0d2-6b6f325ab49b_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current</link:label>
    <link:label id="lab_ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading_label_en-US" xlink:label="lab_ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current financial assets at fair value through profit or loss, classified as held for trading</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading" xlink:to="lab_ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CarryingAmountMember_9048b47a-9e56-4d34-8d73-52652755ffca_terseLabel_en-US" xlink:label="lab_ifrs-full_CarryingAmountMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Carrying amount [member]</link:label>
    <link:label id="lab_ifrs-full_CarryingAmountMember_label_en-US" xlink:label="lab_ifrs-full_CarryingAmountMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Carrying amount [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CarryingAmountMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CarryingAmountMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CarryingAmountMember" xlink:to="lab_ifrs-full_CarryingAmountMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_BiometricTablesDecrease_f95971ba-120a-47e6-a0cb-3b8fb03fe366_terseLabel_en-US" xlink:label="lab_itub_BiometricTablesDecrease" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Biometric tables, decrease</link:label>
    <link:label id="lab_itub_BiometricTablesDecrease_label_en-US" xlink:label="lab_itub_BiometricTablesDecrease" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Biometric Tables, Decrease</link:label>
    <link:label id="lab_itub_BiometricTablesDecrease_documentation_en-US" xlink:label="lab_itub_BiometricTablesDecrease" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Biometric Tables, Decrease</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_BiometricTablesDecrease" xlink:href="itub-20251231.xsd#itub_BiometricTablesDecrease"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_BiometricTablesDecrease" xlink:to="lab_itub_BiometricTablesDecrease" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_HedgedItemLiabilities_99b53fb1-532d-40f1-a924-b8f3ed22d336_terseLabel_en-US" xlink:label="lab_ifrs-full_HedgedItemLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities</link:label>
    <link:label id="lab_ifrs-full_HedgedItemLiabilities_019c8b70-fef4-7456-805c-5cca3e1f827f_verboseLabel_en-US" xlink:label="lab_ifrs-full_HedgedItemLiabilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Book value, liabilities</link:label>
    <link:label id="lab_ifrs-full_HedgedItemLiabilities_label_en-US" xlink:label="lab_ifrs-full_HedgedItemLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedged item, liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_HedgedItemLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_HedgedItemLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_HedgedItemLiabilities" xlink:to="lab_ifrs-full_HedgedItemLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterbankDepositsMember_c4b24e9e-cca0-4388-95cd-b4d64d680d42_terseLabel_en-US" xlink:label="lab_itub_InterbankDepositsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interbank</link:label>
    <link:label id="lab_itub_InterbankDepositsMember_label_en-US" xlink:label="lab_itub_InterbankDepositsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interbank Deposits [Member]</link:label>
    <link:label id="lab_itub_InterbankDepositsMember_documentation_en-US" xlink:label="lab_itub_InterbankDepositsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interbank Deposits [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterbankDepositsMember" xlink:href="itub-20251231.xsd#itub_InterbankDepositsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterbankDepositsMember" xlink:to="lab_itub_InterbankDepositsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SupplementaryInformationAbstract_c883c14d-d9cb-4b16-bd42-6ad76932cb33_terseLabel_en-US" xlink:label="lab_itub_SupplementaryInformationAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Supplementary Information</link:label>
    <link:label id="lab_itub_SupplementaryInformationAbstract_label_en-US" xlink:label="lab_itub_SupplementaryInformationAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Supplementary Information [Abstract]</link:label>
    <link:label id="lab_itub_SupplementaryInformationAbstract_documentation_en-US" xlink:label="lab_itub_SupplementaryInformationAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Supplementary Information</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SupplementaryInformationAbstract" xlink:href="itub-20251231.xsd#itub_SupplementaryInformationAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SupplementaryInformationAbstract" xlink:to="lab_itub_SupplementaryInformationAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_SecurityExchangeName_16afec94-5900-4a49-9aa3-f5f2456fc104_terseLabel_en-US" xlink:label="lab_dei_SecurityExchangeName" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Security Exchange Name</link:label>
    <link:label id="lab_dei_SecurityExchangeName_label_en-US" xlink:label="lab_dei_SecurityExchangeName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Security Exchange Name</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SecurityExchangeName" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_SecurityExchangeName"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_SecurityExchangeName" xlink:to="lab_dei_SecurityExchangeName" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProceedsFromSaleOrIssueOfTreasuryShares_f0cac818-2792-4109-9d3c-2168ede592e2_verboseLabel_en-US" xlink:label="lab_ifrs-full_ProceedsFromSaleOrIssueOfTreasuryShares" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Result of delivery of treasury shares</link:label>
    <link:label id="lab_ifrs-full_ProceedsFromSaleOrIssueOfTreasuryShares_label_en-US" xlink:label="lab_ifrs-full_ProceedsFromSaleOrIssueOfTreasuryShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from sale or issue of treasury shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProceedsFromSaleOrIssueOfTreasuryShares" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProceedsFromSaleOrIssueOfTreasuryShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProceedsFromSaleOrIssueOfTreasuryShares" xlink:to="lab_ifrs-full_ProceedsFromSaleOrIssueOfTreasuryShares" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_NotionalAmountofCreditProtectionSold_019dbe99-9e0c-7cd4-a7da-db3b8a41b4fb_negatedTerseLabel_en-US" xlink:label="lab_itub_NotionalAmountofCreditProtectionSold" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Received risk</link:label>
    <link:label id="lab_itub_NotionalAmountofCreditProtectionSold_label_en-US" xlink:label="lab_itub_NotionalAmountofCreditProtectionSold" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Notional amount of credit protection sold</link:label>
    <link:label id="lab_itub_NotionalAmountofCreditProtectionSold_documentation_en-US" xlink:label="lab_itub_NotionalAmountofCreditProtectionSold" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Notional amount of credit protection sold</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_NotionalAmountofCreditProtectionSold" xlink:href="itub-20251231.xsd#itub_NotionalAmountofCreditProtectionSold"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_NotionalAmountofCreditProtectionSold" xlink:to="lab_itub_NotionalAmountofCreditProtectionSold" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfAssetsAndLiabilitiesWithSignificantRiskOfMaterialAdjustmentLineItems_54f696c0-7b39-4a04-bdf6-1c58ea81eec4_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfAssetsAndLiabilitiesWithSignificantRiskOfMaterialAdjustmentLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of assets and liabilities with significant risk of material adjustment [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfAssetsAndLiabilitiesWithSignificantRiskOfMaterialAdjustmentLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfAssetsAndLiabilitiesWithSignificantRiskOfMaterialAdjustmentLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of assets and liabilities with significant risk of material adjustment [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfAssetsAndLiabilitiesWithSignificantRiskOfMaterialAdjustmentLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfAssetsAndLiabilitiesWithSignificantRiskOfMaterialAdjustmentLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfAssetsAndLiabilitiesWithSignificantRiskOfMaterialAdjustmentLineItems" xlink:to="lab_ifrs-full_DisclosureOfAssetsAndLiabilitiesWithSignificantRiskOfMaterialAdjustmentLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfBreakdownOfIncomeTaxAndSocialContributionExpenseTableTextBlock_ae712c6d-9f6d-4944-aba5-75b803093208_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfBreakdownOfIncomeTaxAndSocialContributionExpenseTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Breakdown of Income Tax and Social Contribution Expense</link:label>
    <link:label id="lab_itub_ScheduleOfBreakdownOfIncomeTaxAndSocialContributionExpenseTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfBreakdownOfIncomeTaxAndSocialContributionExpenseTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Breakdown Of Income Tax And Social Contribution Expense [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfBreakdownOfIncomeTaxAndSocialContributionExpenseTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfBreakdownOfIncomeTaxAndSocialContributionExpenseTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Breakdown Of Income Tax And Social Contribution Expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfBreakdownOfIncomeTaxAndSocialContributionExpenseTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfBreakdownOfIncomeTaxAndSocialContributionExpenseTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfBreakdownOfIncomeTaxAndSocialContributionExpenseTableTextBlock" xlink:to="lab_itub_ScheduleOfBreakdownOfIncomeTaxAndSocialContributionExpenseTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents_3d5f22b1-bb3e-4fe1-b6b0-d4e99a083d59_terseLabel_en-US" xlink:label="lab_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interbank deposits</link:label>
    <link:label id="lab_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents_019d44ac-ff2b-7015-b021-3f0212093cb5_verboseLabel_en-US" xlink:label="lab_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Interbank deposits</link:label>
    <link:label id="lab_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents_label_en-US" xlink:label="lab_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Short-term deposits, classified as cash equivalents</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents" xlink:to="lab_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NetAssetsLiabilities_dcb59611-095a-4962-ad4c-25785ce9b5d4_terseLabel_en-US" xlink:label="lab_ifrs-full_NetAssetsLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Difference assets / liabilities</link:label>
    <link:label id="lab_ifrs-full_NetAssetsLiabilities_label_en-US" xlink:label="lab_ifrs-full_NetAssetsLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets (liabilities)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NetAssetsLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NetAssetsLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NetAssetsLiabilities" xlink:to="lab_ifrs-full_NetAssetsLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_StockholdersEquityNetOfTaxPercentage_019c36d5-b3ac-783a-b25a-8245074b86ad_terseLabel_en-US" xlink:label="lab_itub_StockholdersEquityNetOfTaxPercentage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stockholders&#8217; equity, net of tax. percentage</link:label>
    <link:label id="lab_itub_StockholdersEquityNetOfTaxPercentage_label_en-US" xlink:label="lab_itub_StockholdersEquityNetOfTaxPercentage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders&#8217; Equity, Net Of Tax Percentage</link:label>
    <link:label id="lab_itub_StockholdersEquityNetOfTaxPercentage_documentation_en-US" xlink:label="lab_itub_StockholdersEquityNetOfTaxPercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Stockholders&#8217; Equity, Net Of Tax Percentage</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_StockholdersEquityNetOfTaxPercentage" xlink:href="itub-20251231.xsd#itub_StockholdersEquityNetOfTaxPercentage"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_StockholdersEquityNetOfTaxPercentage" xlink:to="lab_itub_StockholdersEquityNetOfTaxPercentage" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TwoThousandAndThirtyThreeMember_c67240d6-ff52-4149-899e-8baa608b3053_terseLabel_en-US" xlink:label="lab_itub_TwoThousandAndThirtyThreeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2033</link:label>
    <link:label id="lab_itub_TwoThousandAndThirtyThreeMember_label_en-US" xlink:label="lab_itub_TwoThousandAndThirtyThreeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Two Thousand And Thirty Three [Member]</link:label>
    <link:label id="lab_itub_TwoThousandAndThirtyThreeMember_documentation_en-US" xlink:label="lab_itub_TwoThousandAndThirtyThreeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Two Thousand And Thirty Three [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TwoThousandAndThirtyThreeMember" xlink:href="itub-20251231.xsd#itub_TwoThousandAndThirtyThreeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TwoThousandAndThirtyThreeMember" xlink:to="lab_itub_TwoThousandAndThirtyThreeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PercentageOfReinsurancePremiumsOperations_6aaa1a59-aadb-4568-9f86-bbd562f651c6_negatedTerseLabel_en-US" xlink:label="lab_itub_PercentageOfReinsurancePremiumsOperations" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Percentage of reinsurance premiums operations</link:label>
    <link:label id="lab_itub_PercentageOfReinsurancePremiumsOperations_label_en-US" xlink:label="lab_itub_PercentageOfReinsurancePremiumsOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Reinsurance Premiums Operations</link:label>
    <link:label id="lab_itub_PercentageOfReinsurancePremiumsOperations_documentation_en-US" xlink:label="lab_itub_PercentageOfReinsurancePremiumsOperations" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage Of Reinsurance Premiums Operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PercentageOfReinsurancePremiumsOperations" xlink:href="itub-20251231.xsd#itub_PercentageOfReinsurancePremiumsOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PercentageOfReinsurancePremiumsOperations" xlink:to="lab_itub_PercentageOfReinsurancePremiumsOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_EquityInvestmentsInFundsLookThroughApproachMember_b1130b1b-5611-4694-8136-5fa347e9827c_terseLabel_en-US" xlink:label="lab_itub_EquityInvestmentsInFundsLookThroughApproachMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity investments in funds - look-through approach</link:label>
    <link:label id="lab_itub_EquityInvestmentsInFundsLookThroughApproachMember_label_en-US" xlink:label="lab_itub_EquityInvestmentsInFundsLookThroughApproachMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Investments In Funds Look Through Approach [Member]</link:label>
    <link:label id="lab_itub_EquityInvestmentsInFundsLookThroughApproachMember_documentation_en-US" xlink:label="lab_itub_EquityInvestmentsInFundsLookThroughApproachMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Equity Investments In Funds Look Through Approach [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_EquityInvestmentsInFundsLookThroughApproachMember" xlink:href="itub-20251231.xsd#itub_EquityInvestmentsInFundsLookThroughApproachMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_EquityInvestmentsInFundsLookThroughApproachMember" xlink:to="lab_itub_EquityInvestmentsInFundsLookThroughApproachMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialAssetsAtFairValueThroughProfitOrLossAndDesignatedAtFairValueThroughProfitOrLossSecuritiesAbstract_57ab2158-a551-45ba-9448-2a3e932bfcb4_terseLabel_en-US" xlink:label="lab_itub_FinancialAssetsAtFairValueThroughProfitOrLossAndDesignatedAtFairValueThroughProfitOrLossSecuritiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial Assets At Fair Value Through Profit Or Loss And Designated At Fair Value Through Profit Or Loss - Securities</link:label>
    <link:label id="lab_itub_FinancialAssetsAtFairValueThroughProfitOrLossAndDesignatedAtFairValueThroughProfitOrLossSecuritiesAbstract_label_en-US" xlink:label="lab_itub_FinancialAssetsAtFairValueThroughProfitOrLossAndDesignatedAtFairValueThroughProfitOrLossSecuritiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Assets At Fair Value Through Profit Or Loss And Designated At Fair Value Through Profit Or Loss - Securities [Abstract]</link:label>
    <link:label id="lab_itub_FinancialAssetsAtFairValueThroughProfitOrLossAndDesignatedAtFairValueThroughProfitOrLossSecuritiesAbstract_documentation_en-US" xlink:label="lab_itub_FinancialAssetsAtFairValueThroughProfitOrLossAndDesignatedAtFairValueThroughProfitOrLossSecuritiesAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial Assets At Fair Value Through Profit Or Loss And Designated At Fair Value Through Profit Or Loss - Securities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialAssetsAtFairValueThroughProfitOrLossAndDesignatedAtFairValueThroughProfitOrLossSecuritiesAbstract" xlink:href="itub-20251231.xsd#itub_FinancialAssetsAtFairValueThroughProfitOrLossAndDesignatedAtFairValueThroughProfitOrLossSecuritiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialAssetsAtFairValueThroughProfitOrLossAndDesignatedAtFairValueThroughProfitOrLossSecuritiesAbstract" xlink:to="lab_itub_FinancialAssetsAtFairValueThroughProfitOrLossAndDesignatedAtFairValueThroughProfitOrLossSecuritiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdditionalRecognitionGoodwill_4531506b-2b5c-4588-8476-010d6df26aba_terseLabel_en-US" xlink:label="lab_ifrs-full_AdditionalRecognitionGoodwill" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional recognition, goodwill</link:label>
    <link:label id="lab_ifrs-full_AdditionalRecognitionGoodwill_label_en-US" xlink:label="lab_ifrs-full_AdditionalRecognitionGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additional recognition, goodwill</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdditionalRecognitionGoodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdditionalRecognitionGoodwill"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdditionalRecognitionGoodwill" xlink:to="lab_ifrs-full_AdditionalRecognitionGoodwill" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DisclosureOfDetailedInformationAboutBreakDownOfSecuritiesSoldUnderRepurchaseAgreementExplanatoryTableTextBlock_75d51b91-3eac-4b16-9a75-af0e7642abe9_verboseLabel_en-US" xlink:label="lab_itub_DisclosureOfDetailedInformationAboutBreakDownOfSecuritiesSoldUnderRepurchaseAgreementExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Financial Assets and Liabilities</link:label>
    <link:label id="lab_itub_DisclosureOfDetailedInformationAboutBreakDownOfSecuritiesSoldUnderRepurchaseAgreementExplanatoryTableTextBlock_label_en-US" xlink:label="lab_itub_DisclosureOfDetailedInformationAboutBreakDownOfSecuritiesSoldUnderRepurchaseAgreementExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Detailed Information About Break Down Of Securities Sold Under Repurchase Agreement Explanatory [Table Text Block]</link:label>
    <link:label id="lab_itub_DisclosureOfDetailedInformationAboutBreakDownOfSecuritiesSoldUnderRepurchaseAgreementExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_itub_DisclosureOfDetailedInformationAboutBreakDownOfSecuritiesSoldUnderRepurchaseAgreementExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure Of Detailed Information About Break Down Of Securities Sold Under Repurchase Agreement Explanatory</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DisclosureOfDetailedInformationAboutBreakDownOfSecuritiesSoldUnderRepurchaseAgreementExplanatoryTableTextBlock" xlink:href="itub-20251231.xsd#itub_DisclosureOfDetailedInformationAboutBreakDownOfSecuritiesSoldUnderRepurchaseAgreementExplanatoryTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DisclosureOfDetailedInformationAboutBreakDownOfSecuritiesSoldUnderRepurchaseAgreementExplanatoryTableTextBlock" xlink:to="lab_itub_DisclosureOfDetailedInformationAboutBreakDownOfSecuritiesSoldUnderRepurchaseAgreementExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OverdueAsFromOneDayMember_5a3b4eaf-7ba5-41ac-a3ca-56e0e8cf886e_terseLabel_en-US" xlink:label="lab_itub_OverdueAsFromOneDayMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Overdue as from 1 day</link:label>
    <link:label id="lab_itub_OverdueAsFromOneDayMember_label_en-US" xlink:label="lab_itub_OverdueAsFromOneDayMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Overdue As From One Day [Member]</link:label>
    <link:label id="lab_itub_OverdueAsFromOneDayMember_documentation_en-US" xlink:label="lab_itub_OverdueAsFromOneDayMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Overdue As From One Day [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OverdueAsFromOneDayMember" xlink:href="itub-20251231.xsd#itub_OverdueAsFromOneDayMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OverdueAsFromOneDayMember" xlink:to="lab_itub_OverdueAsFromOneDayMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfGeographicalAreasExplanatory_6a1701f8-9a76-4ff0-9575-3ccdf19b4121_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfGeographicalAreasExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Result of Non-Current Assets and Main Services and Products by Geographic Region</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfGeographicalAreasExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfGeographicalAreasExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of geographical areas [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfGeographicalAreasExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfGeographicalAreasExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfGeographicalAreasExplanatory" xlink:to="lab_ifrs-full_DisclosureOfGeographicalAreasExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialAssetsAndLiabilitiesPolicyTextBlock_0e29a1fd-c117-4001-b4b6-83a6a4268233_terseLabel_en-US" xlink:label="lab_itub_FinancialAssetsAndLiabilitiesPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial assets and liabilities</link:label>
    <link:label id="lab_itub_FinancialAssetsAndLiabilitiesPolicyTextBlock_label_en-US" xlink:label="lab_itub_FinancialAssetsAndLiabilitiesPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets and liabilities [Policy Text Block]</link:label>
    <link:label id="lab_itub_FinancialAssetsAndLiabilitiesPolicyTextBlock_documentation_en-US" xlink:label="lab_itub_FinancialAssetsAndLiabilitiesPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial assets and liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialAssetsAndLiabilitiesPolicyTextBlock" xlink:href="itub-20251231.xsd#itub_FinancialAssetsAndLiabilitiesPolicyTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialAssetsAndLiabilitiesPolicyTextBlock" xlink:to="lab_itub_FinancialAssetsAndLiabilitiesPolicyTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValue_019d6a5a-2c51-7977-aa1d-d0b9baaf1855_totalLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Financial assets</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValue_019d6a9b-7d88-70bd-9c0b-ac2d22721b47_periodStartLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Financial assets, beginning value</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValue_019d6a9b-dbcf-723e-b49e-99520268dac5_periodEndLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Financial assets, ending value</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValue_label_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets, at fair value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialAssetsAtFairValue" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssetsAtFairValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssetsAtFairValue" xlink:to="lab_ifrs-full_FinancialAssetsAtFairValue" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ShareBasedCompensationArrangementVariableCompensationArrangementShareDeferralBasisPercentageDeliveredPerYear_019dd2ad-64e1-7f86-9d2f-bbc46f677bf9_terseLabel_en-US" xlink:label="lab_itub_ShareBasedCompensationArrangementVariableCompensationArrangementShareDeferralBasisPercentageDeliveredPerYear" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred shares delivered per year percentage</link:label>
    <link:label id="lab_itub_ShareBasedCompensationArrangementVariableCompensationArrangementShareDeferralBasisPercentageDeliveredPerYear_label_en-US" xlink:label="lab_itub_ShareBasedCompensationArrangementVariableCompensationArrangementShareDeferralBasisPercentageDeliveredPerYear" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement, Variable Compensation Arrangement, Share Deferral Basis, Percentage Delivered Per Year</link:label>
    <link:label id="lab_itub_ShareBasedCompensationArrangementVariableCompensationArrangementShareDeferralBasisPercentageDeliveredPerYear_documentation_en-US" xlink:label="lab_itub_ShareBasedCompensationArrangementVariableCompensationArrangementShareDeferralBasisPercentageDeliveredPerYear" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement, Variable Compensation Arrangement, Share Deferral Basis, Percentage Delivered Per Year</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ShareBasedCompensationArrangementVariableCompensationArrangementShareDeferralBasisPercentageDeliveredPerYear" xlink:href="itub-20251231.xsd#itub_ShareBasedCompensationArrangementVariableCompensationArrangementShareDeferralBasisPercentageDeliveredPerYear"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ShareBasedCompensationArrangementVariableCompensationArrangementShareDeferralBasisPercentageDeliveredPerYear" xlink:to="lab_itub_ShareBasedCompensationArrangementVariableCompensationArrangementShareDeferralBasisPercentageDeliveredPerYear" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AdjustmentsForCentralBankOfBrazilDeposits_50abee38-822f-4b46-a697-4b25e936ee3a_terseLabel_en-US" xlink:label="lab_itub_AdjustmentsForCentralBankOfBrazilDeposits" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Central Bank of Brazil deposits</link:label>
    <link:label id="lab_itub_AdjustmentsForCentralBankOfBrazilDeposits_label_en-US" xlink:label="lab_itub_AdjustmentsForCentralBankOfBrazilDeposits" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Central Bank of Brazil deposits&#160;</link:label>
    <link:label id="lab_itub_AdjustmentsForCentralBankOfBrazilDeposits_documentation_en-US" xlink:label="lab_itub_AdjustmentsForCentralBankOfBrazilDeposits" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Central Bank of Brazil deposits&#160;</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AdjustmentsForCentralBankOfBrazilDeposits" xlink:href="itub-20251231.xsd#itub_AdjustmentsForCentralBankOfBrazilDeposits"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AdjustmentsForCentralBankOfBrazilDeposits" xlink:to="lab_itub_AdjustmentsForCentralBankOfBrazilDeposits" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestOnCapitalFourMember_c66592f5-1d2e-436a-b28a-d6c81ee157d3_terseLabel_en-US" xlink:label="lab_itub_InterestOnCapitalFourMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest On Capital Four</link:label>
    <link:label id="lab_itub_InterestOnCapitalFourMember_label_en-US" xlink:label="lab_itub_InterestOnCapitalFourMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest On Capital Four [Member]</link:label>
    <link:label id="lab_itub_InterestOnCapitalFourMember_documentation_en-US" xlink:label="lab_itub_InterestOnCapitalFourMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest On Capital Four [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestOnCapitalFourMember" xlink:href="itub-20251231.xsd#itub_InterestOnCapitalFourMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestOnCapitalFourMember" xlink:to="lab_itub_InterestOnCapitalFourMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherAdministrativeExpenses_bf53862e-5c57-48f3-aece-544e1c97834f_negatedLabel_en-US" xlink:label="lab_itub_OtherAdministrativeExpenses" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Depreciation and amortization</link:label>
    <link:label id="lab_itub_OtherAdministrativeExpenses_label_en-US" xlink:label="lab_itub_OtherAdministrativeExpenses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Administrative Expenses</link:label>
    <link:label id="lab_itub_OtherAdministrativeExpenses_documentation_en-US" xlink:label="lab_itub_OtherAdministrativeExpenses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Administrative Expenses</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherAdministrativeExpenses" xlink:href="itub-20251231.xsd#itub_OtherAdministrativeExpenses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherAdministrativeExpenses" xlink:to="lab_itub_OtherAdministrativeExpenses" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OthersFinancialLiabilitiesMember_f5138f89-c809-437b-8ff7-aaa47765ea6a_terseLabel_en-US" xlink:label="lab_itub_OthersFinancialLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other financial liabilities</link:label>
    <link:label id="lab_itub_OthersFinancialLiabilitiesMember_label_en-US" xlink:label="lab_itub_OthersFinancialLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Others Financial Liabilities [Member]</link:label>
    <link:label id="lab_itub_OthersFinancialLiabilitiesMember_documentation_en-US" xlink:label="lab_itub_OthersFinancialLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Others Financial Liabilities [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OthersFinancialLiabilitiesMember" xlink:href="itub-20251231.xsd#itub_OthersFinancialLiabilitiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OthersFinancialLiabilitiesMember" xlink:to="lab_itub_OthersFinancialLiabilitiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_BrazilianGovernmentMember_019cb3f1-bf10-7db2-9fbc-6a49ed7239c0_verboseLabel_en-US" xlink:label="lab_itub_BrazilianGovernmentMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Brazilian government</link:label>
    <link:label id="lab_itub_BrazilianGovernmentMember_label_en-US" xlink:label="lab_itub_BrazilianGovernmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Brazilian Government [Member]</link:label>
    <link:label id="lab_itub_BrazilianGovernmentMember_documentation_en-US" xlink:label="lab_itub_BrazilianGovernmentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Brazilian Government [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_BrazilianGovernmentMember" xlink:href="itub-20251231.xsd#itub_BrazilianGovernmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_BrazilianGovernmentMember" xlink:to="lab_itub_BrazilianGovernmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CountryOfBrazilMember_6b8d25f0-e002-4b89-a5f8-946c24db9422_terseLabel_en-US" xlink:label="lab_itub_CountryOfBrazilMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Brazil</link:label>
    <link:label id="lab_itub_CountryOfBrazilMember_label_en-US" xlink:label="lab_itub_CountryOfBrazilMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Country Of Brazil [Member]</link:label>
    <link:label id="lab_itub_CountryOfBrazilMember_documentation_en-US" xlink:label="lab_itub_CountryOfBrazilMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Country Of Brazil [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CountryOfBrazilMember" xlink:href="itub-20251231.xsd#itub_CountryOfBrazilMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CountryOfBrazilMember" xlink:to="lab_itub_CountryOfBrazilMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_HigherRiskMember_6f7b1e1f-783a-424b-9174-f63ff8a5a15c_terseLabel_en-US" xlink:label="lab_itub_HigherRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">High</link:label>
    <link:label id="lab_itub_HigherRiskMember_label_en-US" xlink:label="lab_itub_HigherRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Higher Risk [Member]</link:label>
    <link:label id="lab_itub_HigherRiskMember_documentation_en-US" xlink:label="lab_itub_HigherRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Higher Risk [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_HigherRiskMember" xlink:href="itub-20251231.xsd#itub_HigherRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_HigherRiskMember" xlink:to="lab_itub_HigherRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TwoThousandAndThirtyTwoMember_e4735454-5536-447c-8054-ed500dd3bab8_terseLabel_en-US" xlink:label="lab_itub_TwoThousandAndThirtyTwoMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2032</link:label>
    <link:label id="lab_itub_TwoThousandAndThirtyTwoMember_label_en-US" xlink:label="lab_itub_TwoThousandAndThirtyTwoMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Two Thousand And Thirty Two [Member]</link:label>
    <link:label id="lab_itub_TwoThousandAndThirtyTwoMember_documentation_en-US" xlink:label="lab_itub_TwoThousandAndThirtyTwoMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Two Thousand And Thirty Two [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TwoThousandAndThirtyTwoMember" xlink:href="itub-20251231.xsd#itub_TwoThousandAndThirtyTwoMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TwoThousandAndThirtyTwoMember" xlink:to="lab_itub_TwoThousandAndThirtyTwoMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DividendsAndInterestOnCapitalDeclaredAndNotYetPaid_a91b590f-7b6c-4689-a559-c608e9adee31_terseLabel_en-US" xlink:label="lab_itub_DividendsAndInterestOnCapitalDeclaredAndNotYetPaid" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividends and interest on capital declared and not yet paid</link:label>
    <link:label id="lab_itub_DividendsAndInterestOnCapitalDeclaredAndNotYetPaid_label_en-US" xlink:label="lab_itub_DividendsAndInterestOnCapitalDeclaredAndNotYetPaid" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends and interest on capital declared and not yet paid</link:label>
    <link:label id="lab_itub_DividendsAndInterestOnCapitalDeclaredAndNotYetPaid_documentation_en-US" xlink:label="lab_itub_DividendsAndInterestOnCapitalDeclaredAndNotYetPaid" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Dividends and interest on capital declared and not yet paid</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DividendsAndInterestOnCapitalDeclaredAndNotYetPaid" xlink:href="itub-20251231.xsd#itub_DividendsAndInterestOnCapitalDeclaredAndNotYetPaid"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DividendsAndInterestOnCapitalDeclaredAndNotYetPaid" xlink:to="lab_itub_DividendsAndInterestOnCapitalDeclaredAndNotYetPaid" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialAssetsAtAmortisedCostMember_4e89950f-8996-4bf6-89ef-fe506db98a00_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtAmortisedCostMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial assets at amortised cost, class</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtAmortisedCostMember_label_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtAmortisedCostMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets at amortised cost, class [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialAssetsAtAmortisedCostMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssetsAtAmortisedCostMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssetsAtAmortisedCostMember" xlink:to="lab_ifrs-full_FinancialAssetsAtAmortisedCostMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfReconciliationOfPrivatePensionTableTextBlock_ea1c9559-30ea-4f95-a6ef-8f55da6ab5ff_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfReconciliationOfPrivatePensionTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Reconciliation of Private Pension</link:label>
    <link:label id="lab_itub_ScheduleOfReconciliationOfPrivatePensionTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfReconciliationOfPrivatePensionTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Reconciliation Of Private Pension [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfReconciliationOfPrivatePensionTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfReconciliationOfPrivatePensionTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Reconciliation Of Private Pension</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfReconciliationOfPrivatePensionTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfReconciliationOfPrivatePensionTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfReconciliationOfPrivatePensionTableTextBlock" xlink:to="lab_itub_ScheduleOfReconciliationOfPrivatePensionTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities_8068a069-52f7-4d93-af3d-e08b50c3f1e1_negatedLabel_en-US" xlink:label="lab_ifrs-full_ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Variable expenses not included in lease liabilities</link:label>
    <link:label id="lab_ifrs-full_ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities_label_en-US" xlink:label="lab_ifrs-full_ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expense relating to variable lease payments not included in measurement of lease liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities" xlink:to="lab_ifrs-full_ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CdiPlusTwoPointFourPercentageMember_7dbde45a-5c66-4a59-b4bb-c4edbb05c01a_terseLabel_en-US" xlink:label="lab_itub_CdiPlusTwoPointFourPercentageMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CDI + 2.4%</link:label>
    <link:label id="lab_itub_CdiPlusTwoPointFourPercentageMember_label_en-US" xlink:label="lab_itub_CdiPlusTwoPointFourPercentageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cdi Plus Two Point Four Percentage [Member]</link:label>
    <link:label id="lab_itub_CdiPlusTwoPointFourPercentageMember_documentation_en-US" xlink:label="lab_itub_CdiPlusTwoPointFourPercentageMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cdi Plus Two Point Four Percentage [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CdiPlusTwoPointFourPercentageMember" xlink:href="itub-20251231.xsd#itub_CdiPlusTwoPointFourPercentageMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CdiPlusTwoPointFourPercentageMember" xlink:to="lab_itub_CdiPlusTwoPointFourPercentageMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ChangeInAccountingEstimateGeneratedImpact_019b22b8-b650-74e5-8de0-e4ecc5e2e559_terseLabel_en-US" xlink:label="lab_itub_ChangeInAccountingEstimateGeneratedImpact" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in accounting estimate generated impact</link:label>
    <link:label id="lab_itub_ChangeInAccountingEstimateGeneratedImpact_label_en-US" xlink:label="lab_itub_ChangeInAccountingEstimateGeneratedImpact" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Change In Accounting Estimate Generated Impact</link:label>
    <link:label id="lab_itub_ChangeInAccountingEstimateGeneratedImpact_documentation_en-US" xlink:label="lab_itub_ChangeInAccountingEstimateGeneratedImpact" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Change In Accounting Estimate Generated Impact</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ChangeInAccountingEstimateGeneratedImpact" xlink:href="itub-20251231.xsd#itub_ChangeInAccountingEstimateGeneratedImpact"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ChangeInAccountingEstimateGeneratedImpact" xlink:to="lab_itub_ChangeInAccountingEstimateGeneratedImpact" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherSubsidiariesMember_9718babb-adf9-4d4c-89fe-8a88e79e856c_terseLabel_en-US" xlink:label="lab_itub_OtherSubsidiariesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_itub_OtherSubsidiariesMember_label_en-US" xlink:label="lab_itub_OtherSubsidiariesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Subsidiaries [Member]</link:label>
    <link:label id="lab_itub_OtherSubsidiariesMember_documentation_en-US" xlink:label="lab_itub_OtherSubsidiariesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Subsidiaries [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherSubsidiariesMember" xlink:href="itub-20251231.xsd#itub_OtherSubsidiariesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherSubsidiariesMember" xlink:to="lab_itub_OtherSubsidiariesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DeferredIncomeMember_8537c2f8-39d3-4ba6-9239-855591126731_terseLabel_en-US" xlink:label="lab_itub_DeferredIncomeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred income</link:label>
    <link:label id="lab_itub_DeferredIncomeMember_label_en-US" xlink:label="lab_itub_DeferredIncomeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Income [Member]</link:label>
    <link:label id="lab_itub_DeferredIncomeMember_documentation_en-US" xlink:label="lab_itub_DeferredIncomeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Income [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DeferredIncomeMember" xlink:href="itub-20251231.xsd#itub_DeferredIncomeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DeferredIncomeMember" xlink:to="lab_itub_DeferredIncomeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FundingExpenses_782064f2-b794-4972-ac1c-c110e9bf2678_terseLabel_en-US" xlink:label="lab_itub_FundingExpenses" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Funding expenses</link:label>
    <link:label id="lab_itub_FundingExpenses_label_en-US" xlink:label="lab_itub_FundingExpenses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Funding Expenses</link:label>
    <link:label id="lab_itub_FundingExpenses_documentation_en-US" xlink:label="lab_itub_FundingExpenses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Funding Expenses</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FundingExpenses" xlink:href="itub-20251231.xsd#itub_FundingExpenses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FundingExpenses" xlink:to="lab_itub_FundingExpenses" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressesAddressTypeAxis_1a2a32e7-82dd-445d-a600-1f8ae72eebf5_terseLabel_en-US" xlink:label="lab_dei_EntityAddressesAddressTypeAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Addresses, Address Type [Axis]</link:label>
    <link:label id="lab_dei_EntityAddressesAddressTypeAxis_label_en-US" xlink:label="lab_dei_EntityAddressesAddressTypeAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Addresses, Address Type [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressesAddressTypeAxis" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressesAddressTypeAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressesAddressTypeAxis" xlink:to="lab_dei_EntityAddressesAddressTypeAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipment_7d81b527-ad10-4aad-866e-b1c41d7b49a9_terseLabel_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fixed assets, net</link:label>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PropertyPlantAndEquipment" xlink:to="lab_ifrs-full_PropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DividendsPaidAndPrepaidGross_019da971-4785-758f-8095-e01625ba30b8_totalLabel_en-US" xlink:label="lab_itub_DividendsPaidAndPrepaidGross" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Paid / prepaid, value</link:label>
    <link:label id="lab_itub_DividendsPaidAndPrepaidGross_label_en-US" xlink:label="lab_itub_DividendsPaidAndPrepaidGross" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Paid / prepaid, value</link:label>
    <link:label id="lab_itub_DividendsPaidAndPrepaidGross_documentation_en-US" xlink:label="lab_itub_DividendsPaidAndPrepaidGross" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Paid / prepaid, value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DividendsPaidAndPrepaidGross" xlink:href="itub-20251231.xsd#itub_DividendsPaidAndPrepaidGross"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DividendsPaidAndPrepaidGross" xlink:to="lab_itub_DividendsPaidAndPrepaidGross" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TerminationOfIntangibleAssetAgreements_fe271c53-6c38-4578-bc96-ddd33e14a347_terseLabel_en-US" xlink:label="lab_itub_TerminationOfIntangibleAssetAgreements" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">(Purchase) / Sale of investments in associates and joint ventures</link:label>
    <link:label id="lab_itub_TerminationOfIntangibleAssetAgreements_label_en-US" xlink:label="lab_itub_TerminationOfIntangibleAssetAgreements" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Termination of intangible asset agreements</link:label>
    <link:label id="lab_itub_TerminationOfIntangibleAssetAgreements_documentation_en-US" xlink:label="lab_itub_TerminationOfIntangibleAssetAgreements" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Termination of intangible asset agreements</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TerminationOfIntangibleAssetAgreements" xlink:href="itub-20251231.xsd#itub_TerminationOfIntangibleAssetAgreements"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TerminationOfIntangibleAssetAgreements" xlink:to="lab_itub_TerminationOfIntangibleAssetAgreements" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DividendPerShare_0cad02bb-cea5-4b98-8698-7b3dcd474055_terseLabel_en-US" xlink:label="lab_itub_DividendPerShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividends per share (in brl per share)</link:label>
    <link:label id="lab_itub_DividendPerShare_label_en-US" xlink:label="lab_itub_DividendPerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividend Per Share</link:label>
    <link:label id="lab_itub_DividendPerShare_documentation_en-US" xlink:label="lab_itub_DividendPerShare" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Dividend Per Share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DividendPerShare" xlink:href="itub-20251231.xsd#itub_DividendPerShare"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DividendPerShare" xlink:to="lab_itub_DividendPerShare" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PlanoDeBeneficiosIIMember_d7db25aa-a8c7-4778-8fc0-3460c4bd63b0_terseLabel_en-US" xlink:label="lab_itub_PlanoDeBeneficiosIIMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Plano De Beneficios I I</link:label>
    <link:label id="lab_itub_PlanoDeBeneficiosIIMember_label_en-US" xlink:label="lab_itub_PlanoDeBeneficiosIIMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Plano De Beneficios I I [Member]</link:label>
    <link:label id="lab_itub_PlanoDeBeneficiosIIMember_documentation_en-US" xlink:label="lab_itub_PlanoDeBeneficiosIIMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Plano De Beneficios I I [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PlanoDeBeneficiosIIMember" xlink:href="itub-20251231.xsd#itub_PlanoDeBeneficiosIIMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PlanoDeBeneficiosIIMember" xlink:to="lab_itub_PlanoDeBeneficiosIIMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AdjustmentsForIncreaseDecreaseInDerivativeAssetsLiabilities_67dc147c-3580-4aef-b633-ee494c596e47_terseLabel_en-US" xlink:label="lab_itub_AdjustmentsForIncreaseDecreaseInDerivativeAssetsLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivatives (assets / liabilities)</link:label>
    <link:label id="lab_itub_AdjustmentsForIncreaseDecreaseInDerivativeAssetsLiabilities_label_en-US" xlink:label="lab_itub_AdjustmentsForIncreaseDecreaseInDerivativeAssetsLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivatives (assets / liabilities)</link:label>
    <link:label id="lab_itub_AdjustmentsForIncreaseDecreaseInDerivativeAssetsLiabilities_documentation_en-US" xlink:label="lab_itub_AdjustmentsForIncreaseDecreaseInDerivativeAssetsLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Derivatives (assets / liabilities)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AdjustmentsForIncreaseDecreaseInDerivativeAssetsLiabilities" xlink:href="itub-20251231.xsd#itub_AdjustmentsForIncreaseDecreaseInDerivativeAssetsLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AdjustmentsForIncreaseDecreaseInDerivativeAssetsLiabilities" xlink:to="lab_itub_AdjustmentsForIncreaseDecreaseInDerivativeAssetsLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherCurrentLiabilities_64102238-8b61-4c74-85e5-0d9a80bb8b47_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherCurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other liabilities</link:label>
    <link:label id="lab_ifrs-full_OtherCurrentLiabilities_label_en-US" xlink:label="lab_ifrs-full_OtherCurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other current liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherCurrentLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherCurrentLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherCurrentLiabilities" xlink:to="lab_ifrs-full_OtherCurrentLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherAssets_d81671f0-f306-4e5f-9098-ec6455facbce_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other assets</link:label>
    <link:label id="lab_ifrs-full_OtherAssets_label_en-US" xlink:label="lab_ifrs-full_OtherAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherAssets" xlink:to="lab_ifrs-full_OtherAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherNonfinancialAssets_4546425e-7b72-423c-a4a2-738a898a0a84_verboseLabel_en-US" xlink:label="lab_ifrs-full_OtherNonfinancialAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other non-financial assets</link:label>
    <link:label id="lab_ifrs-full_OtherNonfinancialAssets_label_en-US" xlink:label="lab_ifrs-full_OtherNonfinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other non-financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherNonfinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherNonfinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherNonfinancialAssets" xlink:to="lab_ifrs-full_OtherNonfinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Level1OfFairValueHierarchyMember_0ee00a47-bd88-4279-a55c-93d6d0609380_terseLabel_en-US" xlink:label="lab_ifrs-full_Level1OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Level 1</link:label>
    <link:label id="lab_ifrs-full_Level1OfFairValueHierarchyMember_label_en-US" xlink:label="lab_ifrs-full_Level1OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Level 1 of fair value hierarchy [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Level1OfFairValueHierarchyMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Level1OfFairValueHierarchyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Level1OfFairValueHierarchyMember" xlink:to="lab_ifrs-full_Level1OfFairValueHierarchyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement_725a181f-9c7f-48f4-8035-4a122acb603d_terseLabel_en-US" xlink:label="lab_ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">New</link:label>
    <link:label id="lab_ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement_label_en-US" xlink:label="lab_ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of share options granted in share-based payment arrangement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement" xlink:to="lab_ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherNonfinancialLiabilities_7db1d1ff-2cd3-4713-bf67-fd43d4e12ede_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherNonfinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other non-financial liabilities</link:label>
    <link:label id="lab_ifrs-full_OtherNonfinancialLiabilities_label_en-US" xlink:label="lab_ifrs-full_OtherNonfinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other non-financial liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherNonfinancialLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherNonfinancialLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherNonfinancialLiabilities" xlink:to="lab_ifrs-full_OtherNonfinancialLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LabourMember_66a1d99d-0fc6-422a-afb7-b3d250a87cf9_terseLabel_en-US" xlink:label="lab_itub_LabourMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Labor</link:label>
    <link:label id="lab_itub_LabourMember_label_en-US" xlink:label="lab_itub_LabourMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Labour [Member]</link:label>
    <link:label id="lab_itub_LabourMember_documentation_en-US" xlink:label="lab_itub_LabourMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Labour [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LabourMember" xlink:href="itub-20251231.xsd#itub_LabourMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LabourMember" xlink:to="lab_itub_LabourMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AllowanceAccountForExpectedLoanLossesForLoanOperationsAndLeaseOperations_6c6ee27a-1227-4c56-9bf7-fdaf9fcc1443_periodStartLabel_en-US" xlink:label="lab_itub_AllowanceAccountForExpectedLoanLossesForLoanOperationsAndLeaseOperations" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance</link:label>
    <link:label id="lab_itub_AllowanceAccountForExpectedLoanLossesForLoanOperationsAndLeaseOperations_fc774cb6-99cc-42c6-8602-1847430135d6_periodEndLabel_en-US" xlink:label="lab_itub_AllowanceAccountForExpectedLoanLossesForLoanOperationsAndLeaseOperations" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance</link:label>
    <link:label id="lab_itub_AllowanceAccountForExpectedLoanLossesForLoanOperationsAndLeaseOperations_label_en-US" xlink:label="lab_itub_AllowanceAccountForExpectedLoanLossesForLoanOperationsAndLeaseOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">AllowanceAccountForExpectedLoanLossesForLoanOperationsAndLeaseOperations</link:label>
    <link:label id="lab_itub_AllowanceAccountForExpectedLoanLossesForLoanOperationsAndLeaseOperations_documentation_en-US" xlink:label="lab_itub_AllowanceAccountForExpectedLoanLossesForLoanOperationsAndLeaseOperations" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">AllowanceAccountForExpectedLoanLossesForLoanOperationsAndLeaseOperations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AllowanceAccountForExpectedLoanLossesForLoanOperationsAndLeaseOperations" xlink:href="itub-20251231.xsd#itub_AllowanceAccountForExpectedLoanLossesForLoanOperationsAndLeaseOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AllowanceAccountForExpectedLoanLossesForLoanOperationsAndLeaseOperations" xlink:to="lab_itub_AllowanceAccountForExpectedLoanLossesForLoanOperationsAndLeaseOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfTaxLiabilitiesTableTextBlock_7bf4f180-fcae-4019-87e7-2ff90bb73243_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfTaxLiabilitiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Tax Liabilities</link:label>
    <link:label id="lab_itub_ScheduleOfTaxLiabilitiesTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfTaxLiabilitiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Tax Liabilities [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfTaxLiabilitiesTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfTaxLiabilitiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Tax Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfTaxLiabilitiesTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfTaxLiabilitiesTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfTaxLiabilitiesTableTextBlock" xlink:to="lab_itub_ScheduleOfTaxLiabilitiesTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_NonCashTransactionsAbstract_37953b6d-3e32-42f0-8616-ec2d4e435682_terseLabel_en-US" xlink:label="lab_itub_NonCashTransactionsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-cash transactions</link:label>
    <link:label id="lab_itub_NonCashTransactionsAbstract_label_en-US" xlink:label="lab_itub_NonCashTransactionsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-cash transactions</link:label>
    <link:label id="lab_itub_NonCashTransactionsAbstract_documentation_en-US" xlink:label="lab_itub_NonCashTransactionsAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Non-cash transactions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_NonCashTransactionsAbstract" xlink:href="itub-20251231.xsd#itub_NonCashTransactionsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_NonCashTransactionsAbstract" xlink:to="lab_itub_NonCashTransactionsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IFRS17Member_a3120831-ce60-4c74-aef4-4c8ebe16ebab_terseLabel_en-US" xlink:label="lab_ifrs-full_IFRS17Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">IFRS 17</link:label>
    <link:label id="lab_ifrs-full_IFRS17Member_label_en-US" xlink:label="lab_ifrs-full_IFRS17Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">IFRS 17 [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IFRS17Member" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IFRS17Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IFRS17Member" xlink:to="lab_ifrs-full_IFRS17Member" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AdditionalIncomeTax_08068898-f5b7-4b37-933f-cc816a459428_terseLabel_en-US" xlink:label="lab_itub_AdditionalIncomeTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional income tax</link:label>
    <link:label id="lab_itub_AdditionalIncomeTax_label_en-US" xlink:label="lab_itub_AdditionalIncomeTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additional Income Tax</link:label>
    <link:label id="lab_itub_AdditionalIncomeTax_documentation_en-US" xlink:label="lab_itub_AdditionalIncomeTax" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Additional Income Tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AdditionalIncomeTax" xlink:href="itub-20251231.xsd#itub_AdditionalIncomeTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AdditionalIncomeTax" xlink:to="lab_itub_AdditionalIncomeTax" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_BookValueMember_80eb0fa5-2903-4be0-a2ad-d086c0aa1ef9_terseLabel_en-US" xlink:label="lab_itub_BookValueMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Book value</link:label>
    <link:label id="lab_itub_BookValueMember_label_en-US" xlink:label="lab_itub_BookValueMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Book Value [Member]</link:label>
    <link:label id="lab_itub_BookValueMember_documentation_en-US" xlink:label="lab_itub_BookValueMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Book Value [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_BookValueMember" xlink:href="itub-20251231.xsd#itub_BookValueMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_BookValueMember" xlink:to="lab_itub_BookValueMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CureToStageOneAllowanceAccountForCreditLossesOfFinancialAssets_019dabfd-3906-7ddc-b5cd-b76026fddfb3_negatedTerseLabel_en-US" xlink:label="lab_itub_CureToStageOneAllowanceAccountForCreditLossesOfFinancialAssets" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Cure to Stage 1</link:label>
    <link:label id="lab_itub_CureToStageOneAllowanceAccountForCreditLossesOfFinancialAssets_label_en-US" xlink:label="lab_itub_CureToStageOneAllowanceAccountForCreditLossesOfFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cure to Stage 1</link:label>
    <link:label id="lab_itub_CureToStageOneAllowanceAccountForCreditLossesOfFinancialAssets_documentation_en-US" xlink:label="lab_itub_CureToStageOneAllowanceAccountForCreditLossesOfFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cure to Stage 1</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CureToStageOneAllowanceAccountForCreditLossesOfFinancialAssets" xlink:href="itub-20251231.xsd#itub_CureToStageOneAllowanceAccountForCreditLossesOfFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CureToStageOneAllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="lab_itub_CureToStageOneAllowanceAccountForCreditLossesOfFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainLossOnChangeInFairValueOfHedgedItemUsedAsBasisForRecognisingHedgeIneffectiveness_4ec4d44e-367e-4ec8-b79a-aeea58f1b2cf_terseLabel_en-US" xlink:label="lab_ifrs-full_GainLossOnChangeInFairValueOfHedgedItemUsedAsBasisForRecognisingHedgeIneffectiveness" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variation in fair value used to calculate hedge ineffectiveness</link:label>
    <link:label id="lab_ifrs-full_GainLossOnChangeInFairValueOfHedgedItemUsedAsBasisForRecognisingHedgeIneffectiveness_0452bdf1-2f60-4d3f-8ef7-b5ed6deae824_verboseLabel_en-US" xlink:label="lab_ifrs-full_GainLossOnChangeInFairValueOfHedgedItemUsedAsBasisForRecognisingHedgeIneffectiveness" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Variation in fair value recognized in income</link:label>
    <link:label id="lab_ifrs-full_GainLossOnChangeInFairValueOfHedgedItemUsedAsBasisForRecognisingHedgeIneffectiveness_label_en-US" xlink:label="lab_ifrs-full_GainLossOnChangeInFairValueOfHedgedItemUsedAsBasisForRecognisingHedgeIneffectiveness" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (loss) on change in fair value of hedged item used as basis for recognising hedge ineffectiveness</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainLossOnChangeInFairValueOfHedgedItemUsedAsBasisForRecognisingHedgeIneffectiveness" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainLossOnChangeInFairValueOfHedgedItemUsedAsBasisForRecognisingHedgeIneffectiveness"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainLossOnChangeInFairValueOfHedgedItemUsedAsBasisForRecognisingHedgeIneffectiveness" xlink:to="lab_ifrs-full_GainLossOnChangeInFairValueOfHedgedItemUsedAsBasisForRecognisingHedgeIneffectiveness" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading_76a70d7d-52f1-4d11-b5f6-7f08976e6982_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial liabilities at fair value through profit or loss that meet definition of held for trading</link:label>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading_label_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial liabilities at fair value through profit or loss that meet definition of held for trading</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading" xlink:to="lab_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearTwo_098475a9-e63e-4a6e-945e-5f427d7644c8_terseLabel_en-US" xlink:label="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearTwo" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2027</link:label>
    <link:label id="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearTwo_label_en-US" xlink:label="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearTwo" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan Expected Future Benefit Payment Year Two</link:label>
    <link:label id="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearTwo_documentation_en-US" xlink:label="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearTwo" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan Expected Future Benefit Payment Year Two</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearTwo" xlink:href="itub-20251231.xsd#itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearTwo"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearTwo" xlink:to="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearTwo" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialAssetsAtFairValueThroughProfitOrLossMember_a4b1a852-3dad-4db1-a3f5-98d788e995ac_terseLabel_en-US" xlink:label="lab_itub_FinancialAssetsAtFairValueThroughProfitOrLossMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Securities</link:label>
    <link:label id="lab_itub_FinancialAssetsAtFairValueThroughProfitOrLossMember_label_en-US" xlink:label="lab_itub_FinancialAssetsAtFairValueThroughProfitOrLossMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Assets At Fair Value Through Profit Or Loss [Member]</link:label>
    <link:label id="lab_itub_FinancialAssetsAtFairValueThroughProfitOrLossMember_documentation_en-US" xlink:label="lab_itub_FinancialAssetsAtFairValueThroughProfitOrLossMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial Assets At Fair Value Through Profit Or Loss [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialAssetsAtFairValueThroughProfitOrLossMember" xlink:href="itub-20251231.xsd#itub_FinancialAssetsAtFairValueThroughProfitOrLossMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialAssetsAtFairValueThroughProfitOrLossMember" xlink:to="lab_itub_FinancialAssetsAtFairValueThroughProfitOrLossMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TransfersIntoLevelOfFairValueHierarchyDerivativeAssets_cb4e649b-53f4-4430-8b03-6cad95a36cf4_verboseLabel_en-US" xlink:label="lab_itub_TransfersIntoLevelOfFairValueHierarchyDerivativeAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Derivatives assets, Transfers in and / or out of Level</link:label>
    <link:label id="lab_itub_TransfersIntoLevelOfFairValueHierarchyDerivativeAssets_label_en-US" xlink:label="lab_itub_TransfersIntoLevelOfFairValueHierarchyDerivativeAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfers Into Level Of Fair Value Hierarchy Derivative Assets</link:label>
    <link:label id="lab_itub_TransfersIntoLevelOfFairValueHierarchyDerivativeAssets_documentation_en-US" xlink:label="lab_itub_TransfersIntoLevelOfFairValueHierarchyDerivativeAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Transfers Into Level Of Fair Value Hierarchy Derivative Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TransfersIntoLevelOfFairValueHierarchyDerivativeAssets" xlink:href="itub-20251231.xsd#itub_TransfersIntoLevelOfFairValueHierarchyDerivativeAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TransfersIntoLevelOfFairValueHierarchyDerivativeAssets" xlink:to="lab_itub_TransfersIntoLevelOfFairValueHierarchyDerivativeAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestAndSimilarIncome_6ac42850-d27f-442b-8740-c0fb086bac3e_verboseLabel_en-US" xlink:label="lab_itub_InterestAndSimilarIncome" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_itub_InterestAndSimilarIncome_label_en-US" xlink:label="lab_itub_InterestAndSimilarIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest And Similar Income</link:label>
    <link:label id="lab_itub_InterestAndSimilarIncome_documentation_en-US" xlink:label="lab_itub_InterestAndSimilarIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest And Similar Income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestAndSimilarIncome" xlink:href="itub-20251231.xsd#itub_InterestAndSimilarIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestAndSimilarIncome" xlink:to="lab_itub_InterestAndSimilarIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CorporatesDebtSecuritiesMember_54adfd10-b56a-44d5-9967-ce64b761611d_terseLabel_en-US" xlink:label="lab_itub_CorporatesDebtSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Corporate securities</link:label>
    <link:label id="lab_itub_CorporatesDebtSecuritiesMember_label_en-US" xlink:label="lab_itub_CorporatesDebtSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Corporates Debt Securities [Member]</link:label>
    <link:label id="lab_itub_CorporatesDebtSecuritiesMember_documentation_en-US" xlink:label="lab_itub_CorporatesDebtSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Corporates Debt Securities [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CorporatesDebtSecuritiesMember" xlink:href="itub-20251231.xsd#itub_CorporatesDebtSecuritiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CorporatesDebtSecuritiesMember" xlink:to="lab_itub_CorporatesDebtSecuritiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss_019c8b64-93c4-7a7f-b721-a144c3b0dc25_verboseLabel_en-US" xlink:label="lab_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Hedge ineffectiveness recognized in income</link:label>
    <link:label id="lab_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss_019c8b67-3c57-7be8-b1f3-ad1b22be6c8d_netLabel_en-US" xlink:label="lab_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Hedge ineffectiveness recognized in income</link:label>
    <link:label id="lab_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss_label_en-US" xlink:label="lab_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (loss) on hedge ineffectiveness recognised in profit or loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss" xlink:to="lab_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis_da8d0ffc-e2f2-45be-9fd9-0a4410bf9ade_terseLabel_en-US" xlink:label="lab_ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Individual assets or cash-generating units [axis]</link:label>
    <link:label id="lab_ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis_label_en-US" xlink:label="lab_ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Individual assets or cash-generating units [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis" xlink:to="lab_ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_23cec728-6ee0-44ce-82df-9a58df034d76_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase (decrease) in defined benefit obligation due to reasonably possible decrease in actuarial assumption</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) in defined benefit obligation due to reasonably possible decrease in actuarial assumption</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption" xlink:to="lab_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherFinancialAssetsAtFairValueThroughProfitOrLoss_c804db64-6fee-4f0a-bdd2-060db2ae4757_terseLabel_en-US" xlink:label="lab_itub_OtherFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other financial assets at fair value through profit or loss</link:label>
    <link:label id="lab_itub_OtherFinancialAssetsAtFairValueThroughProfitOrLoss_label_en-US" xlink:label="lab_itub_OtherFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Financial Assets At Fair Value Through Profit Or Loss</link:label>
    <link:label id="lab_itub_OtherFinancialAssetsAtFairValueThroughProfitOrLoss_documentation_en-US" xlink:label="lab_itub_OtherFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Financial Assets At Fair Value Through Profit Or Loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:href="itub-20251231.xsd#itub_OtherFinancialAssetsAtFairValueThroughProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:to="lab_itub_OtherFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AdjustmentsForSecuritiesPurchasedUnderAgreementsToResell_beabf222-4c61-4a24-b4a8-d736852062b7_verboseLabel_en-US" xlink:label="lab_itub_AdjustmentsForSecuritiesPurchasedUnderAgreementsToResell" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Securities purchased under agreements to resell</link:label>
    <link:label id="lab_itub_AdjustmentsForSecuritiesPurchasedUnderAgreementsToResell_label_en-US" xlink:label="lab_itub_AdjustmentsForSecuritiesPurchasedUnderAgreementsToResell" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments For Securities Purchased Under Agreements To Resell</link:label>
    <link:label id="lab_itub_AdjustmentsForSecuritiesPurchasedUnderAgreementsToResell_documentation_en-US" xlink:label="lab_itub_AdjustmentsForSecuritiesPurchasedUnderAgreementsToResell" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Adjustments For Securities Purchased Under Agreements To Resell</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AdjustmentsForSecuritiesPurchasedUnderAgreementsToResell" xlink:href="itub-20251231.xsd#itub_AdjustmentsForSecuritiesPurchasedUnderAgreementsToResell"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AdjustmentsForSecuritiesPurchasedUnderAgreementsToResell" xlink:to="lab_itub_AdjustmentsForSecuritiesPurchasedUnderAgreementsToResell" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IncomeTaxAndSocialContributionCurrentAssets_ee2c7a5b-57e6-4937-a4e9-dc04178f581f_terseLabel_en-US" xlink:label="lab_itub_IncomeTaxAndSocialContributionCurrentAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income tax and social contribution - current</link:label>
    <link:label id="lab_itub_IncomeTaxAndSocialContributionCurrentAssets_label_en-US" xlink:label="lab_itub_IncomeTaxAndSocialContributionCurrentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income tax and social contribution - current</link:label>
    <link:label id="lab_itub_IncomeTaxAndSocialContributionCurrentAssets_documentation_en-US" xlink:label="lab_itub_IncomeTaxAndSocialContributionCurrentAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Income tax and social contribution - current</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IncomeTaxAndSocialContributionCurrentAssets" xlink:href="itub-20251231.xsd#itub_IncomeTaxAndSocialContributionCurrentAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IncomeTaxAndSocialContributionCurrentAssets" xlink:to="lab_itub_IncomeTaxAndSocialContributionCurrentAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CreditRiskAxis_f56a5105-69f2-477a-b612-5728c1726969_terseLabel_en-US" xlink:label="lab_itub_CreditRiskAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit Risk [Axis]</link:label>
    <link:label id="lab_itub_CreditRiskAxis_label_en-US" xlink:label="lab_itub_CreditRiskAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Risk [Axis]</link:label>
    <link:label id="lab_itub_CreditRiskAxis_documentation_en-US" xlink:label="lab_itub_CreditRiskAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Credit Risk [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CreditRiskAxis" xlink:href="itub-20251231.xsd#itub_CreditRiskAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CreditRiskAxis" xlink:to="lab_itub_CreditRiskAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SupplementaryInformationTable_019c9424-d432-710d-8737-6deeb711c3e7_terseLabel_en-US" xlink:label="lab_itub_SupplementaryInformationTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Supplementary Information [Table]</link:label>
    <link:label id="lab_itub_SupplementaryInformationTable_label_en-US" xlink:label="lab_itub_SupplementaryInformationTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Supplementary Information [Table]</link:label>
    <link:label id="lab_itub_SupplementaryInformationTable_documentation_en-US" xlink:label="lab_itub_SupplementaryInformationTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Supplementary Information</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SupplementaryInformationTable" xlink:href="itub-20251231.xsd#itub_SupplementaryInformationTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SupplementaryInformationTable" xlink:to="lab_itub_SupplementaryInformationTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems_beabc832-a8eb-4a78-9e41-3469fcf44296_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of temporary difference, unused tax losses and unused tax credits [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of temporary difference, unused tax losses and unused tax credits [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems" xlink:to="lab_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LnterbankAndLnterbranchAccountsAssetsAndLiabilities_019d987e-3615-7161-ab4c-746d23d38d66_negatedTerseLabel_en-US" xlink:label="lab_itub_LnterbankAndLnterbranchAccountsAssetsAndLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">lnterbank And lnterbranch Accounts (Assets And Liabilities)</link:label>
    <link:label id="lab_itub_LnterbankAndLnterbranchAccountsAssetsAndLiabilities_label_en-US" xlink:label="lab_itub_LnterbankAndLnterbranchAccountsAssetsAndLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">lnterbank And lnterbranch Accounts (Assets And Liabilities)</link:label>
    <link:label id="lab_itub_LnterbankAndLnterbranchAccountsAssetsAndLiabilities_documentation_en-US" xlink:label="lab_itub_LnterbankAndLnterbranchAccountsAssetsAndLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">lnterbank And lnterbranch Accounts (Assets And Liabilities)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LnterbankAndLnterbranchAccountsAssetsAndLiabilities" xlink:href="itub-20251231.xsd#itub_LnterbankAndLnterbranchAccountsAssetsAndLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LnterbankAndLnterbranchAccountsAssetsAndLiabilities" xlink:to="lab_itub_LnterbankAndLnterbranchAccountsAssetsAndLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ThreePointFiveZeroPercentageToFourPointNineTwoPercentageMember_925dc662-1d9c-48e5-bf39-d94b8a25e75b_terseLabel_en-US" xlink:label="lab_itub_ThreePointFiveZeroPercentageToFourPointNineTwoPercentageMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">3.50% to 4.92%</link:label>
    <link:label id="lab_itub_ThreePointFiveZeroPercentageToFourPointNineTwoPercentageMember_label_en-US" xlink:label="lab_itub_ThreePointFiveZeroPercentageToFourPointNineTwoPercentageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Three Point Five Zero Percentage To Four Point Nine Two Percentage [Member]</link:label>
    <link:label id="lab_itub_ThreePointFiveZeroPercentageToFourPointNineTwoPercentageMember_documentation_en-US" xlink:label="lab_itub_ThreePointFiveZeroPercentageToFourPointNineTwoPercentageMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Three Point Five Zero Percentage To Four Point Nine Two Percentage [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ThreePointFiveZeroPercentageToFourPointNineTwoPercentageMember" xlink:href="itub-20251231.xsd#itub_ThreePointFiveZeroPercentageToFourPointNineTwoPercentageMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ThreePointFiveZeroPercentageToFourPointNineTwoPercentageMember" xlink:to="lab_itub_ThreePointFiveZeroPercentageToFourPointNineTwoPercentageMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatementOfChangesInEquityAbstract_label_en-US" xlink:label="lab_ifrs-full_StatementOfChangesInEquityAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of changes in equity [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfChangesInEquityAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfChangesInEquityAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfChangesInEquityAbstract" xlink:to="lab_ifrs-full_StatementOfChangesInEquityAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LoanOperationsAndLeaseOperationsValue_575862e7-d66a-42c8-9f16-90a20d928c84_terseLabel_en-US" xlink:label="lab_itub_LoanOperationsAndLeaseOperationsValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loan operations and lease operations value</link:label>
    <link:label id="lab_itub_LoanOperationsAndLeaseOperationsValue_f3dcd5b3-79c6-4ed8-b0bd-fdbe4c612ae5_verboseLabel_en-US" xlink:label="lab_itub_LoanOperationsAndLeaseOperationsValue" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Loan operations and lease operations portfolio</link:label>
    <link:label id="lab_itub_LoanOperationsAndLeaseOperationsValue_label_en-US" xlink:label="lab_itub_LoanOperationsAndLeaseOperationsValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loan Operations And Lease Operations Value</link:label>
    <link:label id="lab_itub_LoanOperationsAndLeaseOperationsValue_documentation_en-US" xlink:label="lab_itub_LoanOperationsAndLeaseOperationsValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loan Operations And Lease Operations Value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LoanOperationsAndLeaseOperationsValue" xlink:href="itub-20251231.xsd#itub_LoanOperationsAndLeaseOperationsValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LoanOperationsAndLeaseOperationsValue" xlink:to="lab_itub_LoanOperationsAndLeaseOperationsValue" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_MeasurementDomain_d7bac6c8-b94c-40ab-b2e9-c05dfdfe6c0d_terseLabel_en-US" xlink:label="lab_ifrs-full_MeasurementDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Measurement [domain]</link:label>
    <link:label id="lab_ifrs-full_MeasurementDomain_label_en-US" xlink:label="lab_ifrs-full_MeasurementDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Measurement [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MeasurementDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MeasurementDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MeasurementDomain" xlink:to="lab_ifrs-full_MeasurementDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TotalUnrealizedGainsLossesOnFinancialAssetsFairValueThroughProfitLoss_019d6a69-85c1-7159-8cd7-941721addefe_terseLabel_en-US" xlink:label="lab_itub_TotalUnrealizedGainsLossesOnFinancialAssetsFairValueThroughProfitLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total gains or losses (unrealized)</link:label>
    <link:label id="lab_itub_TotalUnrealizedGainsLossesOnFinancialAssetsFairValueThroughProfitLoss_label_en-US" xlink:label="lab_itub_TotalUnrealizedGainsLossesOnFinancialAssetsFairValueThroughProfitLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Unrealized Gains (Losses) On Financial Assets, Fair Value Through Profit (Loss)</link:label>
    <link:label id="lab_itub_TotalUnrealizedGainsLossesOnFinancialAssetsFairValueThroughProfitLoss_documentation_en-US" xlink:label="lab_itub_TotalUnrealizedGainsLossesOnFinancialAssetsFairValueThroughProfitLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total Unrealized Gains (Losses) On Financial Assets, Fair Value Through Profit (Loss)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TotalUnrealizedGainsLossesOnFinancialAssetsFairValueThroughProfitLoss" xlink:href="itub-20251231.xsd#itub_TotalUnrealizedGainsLossesOnFinancialAssetsFairValueThroughProfitLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TotalUnrealizedGainsLossesOnFinancialAssetsFairValueThroughProfitLoss" xlink:to="lab_itub_TotalUnrealizedGainsLossesOnFinancialAssetsFairValueThroughProfitLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_0c6d106f-b8ce-41d0-a575-2c8be8630d6d_terseLabel_en-US" xlink:label="lab_ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gross financial assets subject to offsetting, enforceable master netting arrangements or similar agreements</link:label>
    <link:label id="lab_ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_label_en-US" xlink:label="lab_ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gross financial assets subject to offsetting, enforceable master netting arrangements or similar agreements</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:to="lab_ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OffBalanceSheetItem_fec72d6f-ab6f-49a9-9ee1-21183d1ba808_totalLabel_en-US" xlink:label="lab_itub_OffBalanceSheetItem" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_itub_OffBalanceSheetItem_label_en-US" xlink:label="lab_itub_OffBalanceSheetItem" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Off Balance Sheet Item</link:label>
    <link:label id="lab_itub_OffBalanceSheetItem_documentation_en-US" xlink:label="lab_itub_OffBalanceSheetItem" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Off Balance Sheet Item</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OffBalanceSheetItem" xlink:href="itub-20251231.xsd#itub_OffBalanceSheetItem"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OffBalanceSheetItem" xlink:to="lab_itub_OffBalanceSheetItem" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CdiPlusOnePointNinePercentageMember_401e3882-a053-46a0-ab82-ac2acf35d2bc_terseLabel_en-US" xlink:label="lab_itub_CdiPlusOnePointNinePercentageMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CDI + 1.9%</link:label>
    <link:label id="lab_itub_CdiPlusOnePointNinePercentageMember_label_en-US" xlink:label="lab_itub_CdiPlusOnePointNinePercentageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cdi Plus One Point Nine Percentage [Member]</link:label>
    <link:label id="lab_itub_CdiPlusOnePointNinePercentageMember_documentation_en-US" xlink:label="lab_itub_CdiPlusOnePointNinePercentageMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cdi Plus One Point Nine Percentage [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CdiPlusOnePointNinePercentageMember" xlink:href="itub-20251231.xsd#itub_CdiPlusOnePointNinePercentageMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CdiPlusOnePointNinePercentageMember" xlink:to="lab_itub_CdiPlusOnePointNinePercentageMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CommoditiesMember_019c75e6-8d10-7433-9121-98b3e851ce67_terseLabel_en-US" xlink:label="lab_itub_CommoditiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commodities</link:label>
    <link:label id="lab_itub_CommoditiesMember_label_en-US" xlink:label="lab_itub_CommoditiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commodities [Member]</link:label>
    <link:label id="lab_itub_CommoditiesMember_documentation_en-US" xlink:label="lab_itub_CommoditiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Commodities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CommoditiesMember" xlink:href="itub-20251231.xsd#itub_CommoditiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CommoditiesMember" xlink:to="lab_itub_CommoditiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InflationRate_053cb2b9-4eb1-4893-9ba1-786950bbc52c_terseLabel_en-US" xlink:label="lab_itub_InflationRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Inflation rate</link:label>
    <link:label id="lab_itub_InflationRate_label_en-US" xlink:label="lab_itub_InflationRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Inflation Rate</link:label>
    <link:label id="lab_itub_InflationRate_documentation_en-US" xlink:label="lab_itub_InflationRate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Inflation Rate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InflationRate" xlink:href="itub-20251231.xsd#itub_InflationRate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InflationRate" xlink:to="lab_itub_InflationRate" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AccumulatedFairValueHedgeAdjustmentOnHedgedItemIncludedInCarryingAmountAssets_02757093-fe28-4575-bc70-66758432136a_terseLabel_en-US" xlink:label="lab_ifrs-full_AccumulatedFairValueHedgeAdjustmentOnHedgedItemIncludedInCarryingAmountAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value, assets</link:label>
    <link:label id="lab_ifrs-full_AccumulatedFairValueHedgeAdjustmentOnHedgedItemIncludedInCarryingAmountAssets_label_en-US" xlink:label="lab_ifrs-full_AccumulatedFairValueHedgeAdjustmentOnHedgedItemIncludedInCarryingAmountAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated fair value hedge adjustment on hedged item included in carrying amount, assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AccumulatedFairValueHedgeAdjustmentOnHedgedItemIncludedInCarryingAmountAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AccumulatedFairValueHedgeAdjustmentOnHedgedItemIncludedInCarryingAmountAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AccumulatedFairValueHedgeAdjustmentOnHedgedItemIncludedInCarryingAmountAssets" xlink:to="lab_ifrs-full_AccumulatedFairValueHedgeAdjustmentOnHedgedItemIncludedInCarryingAmountAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypesOfRisksDomain_69987fc6-867d-4f29-9d3d-30af45793fb0_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfRisksDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types of risks [domain]</link:label>
    <link:label id="lab_ifrs-full_TypesOfRisksDomain_label_en-US" xlink:label="lab_ifrs-full_TypesOfRisksDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Types of risks [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfRisksDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfRisksDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfRisksDomain" xlink:to="lab_ifrs-full_TypesOfRisksDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PercentageOfVotingEquityInterestsAcquires_2afffd86-e25e-4e49-9195-645f906a8340_terseLabel_en-US" xlink:label="lab_itub_PercentageOfVotingEquityInterestsAcquires" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of voting equity interests acquires</link:label>
    <link:label id="lab_itub_PercentageOfVotingEquityInterestsAcquires_label_en-US" xlink:label="lab_itub_PercentageOfVotingEquityInterestsAcquires" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Voting Equity Interests Acquires</link:label>
    <link:label id="lab_itub_PercentageOfVotingEquityInterestsAcquires_documentation_en-US" xlink:label="lab_itub_PercentageOfVotingEquityInterestsAcquires" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage Of Voting Equity Interests Acquires</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PercentageOfVotingEquityInterestsAcquires" xlink:href="itub-20251231.xsd#itub_PercentageOfVotingEquityInterestsAcquires"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PercentageOfVotingEquityInterestsAcquires" xlink:to="lab_itub_PercentageOfVotingEquityInterestsAcquires" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ForeignSecuritiesMember_f28bb39a-7cfe-4f66-823f-2ddc2ec3af9c_terseLabel_en-US" xlink:label="lab_itub_ForeignSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign securities</link:label>
    <link:label id="lab_itub_ForeignSecuritiesMember_label_en-US" xlink:label="lab_itub_ForeignSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Foreign Securities [Member]</link:label>
    <link:label id="lab_itub_ForeignSecuritiesMember_documentation_en-US" xlink:label="lab_itub_ForeignSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Foreign Securities [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ForeignSecuritiesMember" xlink:href="itub-20251231.xsd#itub_ForeignSecuritiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ForeignSecuritiesMember" xlink:to="lab_itub_ForeignSecuritiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SignificantInvestmentsInSubsidiariesAxis_8e1c1bd0-4f3a-463a-bf51-3c1d67771c37_terseLabel_en-US" xlink:label="lab_ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsidiaries [axis]</link:label>
    <link:label id="lab_ifrs-full_SignificantInvestmentsInSubsidiariesAxis_label_en-US" xlink:label="lab_ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsidiaries [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SignificantInvestmentsInSubsidiariesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:to="lab_ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InterestPaidClassifiedAsOperatingActivities_0e193c0c-439a-4e16-be9f-bef195f913e5_terseLabel_en-US" xlink:label="lab_ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest paid</link:label>
    <link:label id="lab_ifrs-full_InterestPaidClassifiedAsOperatingActivities_label_en-US" xlink:label="lab_ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest paid, classified as operating activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestPaidClassifiedAsOperatingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:to="lab_ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading_019d54eb-1810-7c5e-a8b3-893b51fac8b9_verboseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Fair value</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading_019d5510-9400-74c5-984c-b5e1c8b075a1_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading_019d5510-ca1e-7641-b376-b06e9a1f5622_totalLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading_label_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets at fair value through profit or loss, classified as held for trading</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading" xlink:to="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ProceedsFromContributionsOfNoncontrollingInterest_a4bf7a85-460b-4352-a7f7-af3150380911_terseLabel_en-US" xlink:label="lab_itub_ProceedsFromContributionsOfNoncontrollingInterest" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in non-controlling interests stockholders</link:label>
    <link:label id="lab_itub_ProceedsFromContributionsOfNoncontrollingInterest_label_en-US" xlink:label="lab_itub_ProceedsFromContributionsOfNoncontrollingInterest" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Change in non-controlling interests stockholders</link:label>
    <link:label id="lab_itub_ProceedsFromContributionsOfNoncontrollingInterest_documentation_en-US" xlink:label="lab_itub_ProceedsFromContributionsOfNoncontrollingInterest" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Change in non-controlling interests stockholders</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ProceedsFromContributionsOfNoncontrollingInterest" xlink:href="itub-20251231.xsd#itub_ProceedsFromContributionsOfNoncontrollingInterest"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ProceedsFromContributionsOfNoncontrollingInterest" xlink:to="lab_itub_ProceedsFromContributionsOfNoncontrollingInterest" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AdjustmentsForOtherFinancialAssets_384c1ff4-eb27-4255-a476-4c6d2c3c3809_verboseLabel_en-US" xlink:label="lab_itub_AdjustmentsForOtherFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other financial assets</link:label>
    <link:label id="lab_itub_AdjustmentsForOtherFinancialAssets_label_en-US" xlink:label="lab_itub_AdjustmentsForOtherFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments For Other Financial Assets</link:label>
    <link:label id="lab_itub_AdjustmentsForOtherFinancialAssets_documentation_en-US" xlink:label="lab_itub_AdjustmentsForOtherFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Adjustments For Other Financial Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AdjustmentsForOtherFinancialAssets" xlink:href="itub-20251231.xsd#itub_AdjustmentsForOtherFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AdjustmentsForOtherFinancialAssets" xlink:to="lab_itub_AdjustmentsForOtherFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OperatingRevenues_2086235e-9a6e-4b5d-b5b1-d5412880e52d_terseLabel_en-US" xlink:label="lab_itub_OperatingRevenues" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating revenues</link:label>
    <link:label id="lab_itub_OperatingRevenues_label_en-US" xlink:label="lab_itub_OperatingRevenues" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Revenues</link:label>
    <link:label id="lab_itub_OperatingRevenues_documentation_en-US" xlink:label="lab_itub_OperatingRevenues" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Operating Revenues</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OperatingRevenues" xlink:href="itub-20251231.xsd#itub_OperatingRevenues"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OperatingRevenues" xlink:to="lab_itub_OperatingRevenues" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AtTheEndOfEventPeriod_71c0cad7-cb32-4945-9586-918bebb8c3be_terseLabel_en-US" xlink:label="lab_itub_AtTheEndOfEventPeriod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">At the end of event period</link:label>
    <link:label id="lab_itub_AtTheEndOfEventPeriod_label_en-US" xlink:label="lab_itub_AtTheEndOfEventPeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">At The End Of Event Period</link:label>
    <link:label id="lab_itub_AtTheEndOfEventPeriod_documentation_en-US" xlink:label="lab_itub_AtTheEndOfEventPeriod" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">At The End Of Event Period</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AtTheEndOfEventPeriod" xlink:href="itub-20251231.xsd#itub_AtTheEndOfEventPeriod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AtTheEndOfEventPeriod" xlink:to="lab_itub_AtTheEndOfEventPeriod" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NetDefinedBenefitLiabilityAssetDomain_68f636ab-17ff-49a1-8c05-6661416caf2e_terseLabel_en-US" xlink:label="lab_ifrs-full_NetDefinedBenefitLiabilityAssetDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net defined benefit liability (asset) [domain]</link:label>
    <link:label id="lab_ifrs-full_NetDefinedBenefitLiabilityAssetDomain_label_en-US" xlink:label="lab_ifrs-full_NetDefinedBenefitLiabilityAssetDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net defined benefit liability (asset) [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NetDefinedBenefitLiabilityAssetDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NetDefinedBenefitLiabilityAssetDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NetDefinedBenefitLiabilityAssetDomain" xlink:to="lab_ifrs-full_NetDefinedBenefitLiabilityAssetDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_BancoItauUruguaySAMember_a57cb6d8-ba8d-42fe-99db-481376da5a16_terseLabel_en-US" xlink:label="lab_itub_BancoItauUruguaySAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Banco Ita&#250; Uruguay S.A.</link:label>
    <link:label id="lab_itub_BancoItauUruguaySAMember_label_en-US" xlink:label="lab_itub_BancoItauUruguaySAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Banco Itau Uruguay S.A. [Member]</link:label>
    <link:label id="lab_itub_BancoItauUruguaySAMember_documentation_en-US" xlink:label="lab_itub_BancoItauUruguaySAMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Banco Itau Uruguay S.A.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_BancoItauUruguaySAMember" xlink:href="itub-20251231.xsd#itub_BancoItauUruguaySAMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_BancoItauUruguaySAMember" xlink:to="lab_itub_BancoItauUruguaySAMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ChangeInAccountingEstimateGeneratedImpactNetOfTaxes_019b22ba-120d-7068-b6ff-880ccf0e3f06_terseLabel_en-US" xlink:label="lab_itub_ChangeInAccountingEstimateGeneratedImpactNetOfTaxes" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in accounting estimate generated impact net of taxes</link:label>
    <link:label id="lab_itub_ChangeInAccountingEstimateGeneratedImpactNetOfTaxes_label_en-US" xlink:label="lab_itub_ChangeInAccountingEstimateGeneratedImpactNetOfTaxes" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Change In Accounting Estimate Generated Impact Net Of Taxes</link:label>
    <link:label id="lab_itub_ChangeInAccountingEstimateGeneratedImpactNetOfTaxes_documentation_en-US" xlink:label="lab_itub_ChangeInAccountingEstimateGeneratedImpactNetOfTaxes" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Change In Accounting Estimate Generated Impact Net Of Taxes</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ChangeInAccountingEstimateGeneratedImpactNetOfTaxes" xlink:href="itub-20251231.xsd#itub_ChangeInAccountingEstimateGeneratedImpactNetOfTaxes"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ChangeInAccountingEstimateGeneratedImpactNetOfTaxes" xlink:to="lab_itub_ChangeInAccountingEstimateGeneratedImpactNetOfTaxes" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AccumulatedFairValueHedgeAdjustmentOnHedgedItemIncludedInCarryingAmountLiabilities_0fed83d7-aa3a-4c1e-94a1-545217fae28b_terseLabel_en-US" xlink:label="lab_ifrs-full_AccumulatedFairValueHedgeAdjustmentOnHedgedItemIncludedInCarryingAmountLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value, liabilities</link:label>
    <link:label id="lab_ifrs-full_AccumulatedFairValueHedgeAdjustmentOnHedgedItemIncludedInCarryingAmountLiabilities_label_en-US" xlink:label="lab_ifrs-full_AccumulatedFairValueHedgeAdjustmentOnHedgedItemIncludedInCarryingAmountLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated fair value hedge adjustment on hedged item included in carrying amount, liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AccumulatedFairValueHedgeAdjustmentOnHedgedItemIncludedInCarryingAmountLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AccumulatedFairValueHedgeAdjustmentOnHedgedItemIncludedInCarryingAmountLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AccumulatedFairValueHedgeAdjustmentOnHedgedItemIncludedInCarryingAmountLiabilities" xlink:to="lab_ifrs-full_AccumulatedFairValueHedgeAdjustmentOnHedgedItemIncludedInCarryingAmountLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityCommonStockSharesOutstanding_fe16dc0a-2494-4d45-a2e3-616f4457ddd1_terseLabel_en-US" xlink:label="lab_dei_EntityCommonStockSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
    <link:label id="lab_dei_EntityCommonStockSharesOutstanding_label_en-US" xlink:label="lab_dei_EntityCommonStockSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCommonStockSharesOutstanding" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCommonStockSharesOutstanding"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCommonStockSharesOutstanding" xlink:to="lab_dei_EntityCommonStockSharesOutstanding" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RevenuesFromLeases_019c8ece-0afb-7822-97fa-8caa2c0972b0_terseLabel_en-US" xlink:label="lab_itub_RevenuesFromLeases" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenues from leases</link:label>
    <link:label id="lab_itub_RevenuesFromLeases_label_en-US" xlink:label="lab_itub_RevenuesFromLeases" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenues From Leases</link:label>
    <link:label id="lab_itub_RevenuesFromLeases_documentation_en-US" xlink:label="lab_itub_RevenuesFromLeases" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Revenues From Leases</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RevenuesFromLeases" xlink:href="itub-20251231.xsd#itub_RevenuesFromLeases"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RevenuesFromLeases" xlink:to="lab_itub_RevenuesFromLeases" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DividendsAndInterestOnCapitalPaidAccrued_ec991b7f-5926-43d7-b001-bf75dd643469_terseLabel_en-US" xlink:label="lab_itub_DividendsAndInterestOnCapitalPaidAccrued" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividends and interest on capital paid / accrued / identified</link:label>
    <link:label id="lab_itub_DividendsAndInterestOnCapitalPaidAccrued_label_en-US" xlink:label="lab_itub_DividendsAndInterestOnCapitalPaidAccrued" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends And Interest On Capital Paid / Accrued</link:label>
    <link:label id="lab_itub_DividendsAndInterestOnCapitalPaidAccrued_documentation_en-US" xlink:label="lab_itub_DividendsAndInterestOnCapitalPaidAccrued" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Dividends And Interest On Capital Paid / Accrued</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DividendsAndInterestOnCapitalPaidAccrued" xlink:href="itub-20251231.xsd#itub_DividendsAndInterestOnCapitalPaidAccrued"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DividendsAndInterestOnCapitalPaidAccrued" xlink:to="lab_itub_DividendsAndInterestOnCapitalPaidAccrued" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentFinStmtErrorCorrectionFlag_a55a3498-f395-4ba8-9b2c-6cc8c9b55d11_terseLabel_en-US" xlink:label="lab_dei_DocumentFinStmtErrorCorrectionFlag" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Financial Statement Error Correction</link:label>
    <link:label id="lab_dei_DocumentFinStmtErrorCorrectionFlag_label_en-US" xlink:label="lab_dei_DocumentFinStmtErrorCorrectionFlag" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Financial Statement Error Correction [Flag]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentFinStmtErrorCorrectionFlag" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentFinStmtErrorCorrectionFlag"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentFinStmtErrorCorrectionFlag" xlink:to="lab_dei_DocumentFinStmtErrorCorrectionFlag" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable_1445a583-d777-4b87-bd72-27a052b5672c_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of fair value measurement of assets [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of fair value measurement of assets [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable" xlink:to="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ProvisionForDeferredTaxAndContributions_0b764180-be12-4ff5-8aac-7858d9b5f957_periodStartLabel_en-US" xlink:label="lab_itub_ProvisionForDeferredTaxAndContributions" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance, deferred tax liabilities</link:label>
    <link:label id="lab_itub_ProvisionForDeferredTaxAndContributions_b7563c42-1653-4da8-bc78-8721fd17cbef_periodEndLabel_en-US" xlink:label="lab_itub_ProvisionForDeferredTaxAndContributions" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance, deferred tax liabilities</link:label>
    <link:label id="lab_itub_ProvisionForDeferredTaxAndContributions_label_en-US" xlink:label="lab_itub_ProvisionForDeferredTaxAndContributions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Provision For Deferred Tax And Contributions</link:label>
    <link:label id="lab_itub_ProvisionForDeferredTaxAndContributions_documentation_en-US" xlink:label="lab_itub_ProvisionForDeferredTaxAndContributions" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Provision For Deferred Tax And Contributions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ProvisionForDeferredTaxAndContributions" xlink:href="itub-20251231.xsd#itub_ProvisionForDeferredTaxAndContributions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ProvisionForDeferredTaxAndContributions" xlink:to="lab_itub_ProvisionForDeferredTaxAndContributions" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SimplifiedModelPaaReinsurance_a41e4d1d-da0d-48b1-946e-f933c7620839_terseLabel_en-US" xlink:label="lab_itub_SimplifiedModelPaaReinsurance" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reinsurance</link:label>
    <link:label id="lab_itub_SimplifiedModelPaaReinsurance_label_en-US" xlink:label="lab_itub_SimplifiedModelPaaReinsurance" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reinsurance</link:label>
    <link:label id="lab_itub_SimplifiedModelPaaReinsurance_documentation_en-US" xlink:label="lab_itub_SimplifiedModelPaaReinsurance" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Reinsurance</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SimplifiedModelPaaReinsurance" xlink:href="itub-20251231.xsd#itub_SimplifiedModelPaaReinsurance"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SimplifiedModelPaaReinsurance" xlink:to="lab_itub_SimplifiedModelPaaReinsurance" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RelatedToTemporaryDifferences_9cc5f30e-8135-4a89-9812-3b0dfd9b448a_terseLabel_en-US" xlink:label="lab_itub_RelatedToTemporaryDifferences" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Related to temporary differences</link:label>
    <link:label id="lab_itub_RelatedToTemporaryDifferences_label_en-US" xlink:label="lab_itub_RelatedToTemporaryDifferences" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related To Temporary Differences</link:label>
    <link:label id="lab_itub_RelatedToTemporaryDifferences_documentation_en-US" xlink:label="lab_itub_RelatedToTemporaryDifferences" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Related To Temporary Differences</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RelatedToTemporaryDifferences" xlink:href="itub-20251231.xsd#itub_RelatedToTemporaryDifferences"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RelatedToTemporaryDifferences" xlink:to="lab_itub_RelatedToTemporaryDifferences" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PurchasesFairValueMeasurementOnFinancialAssetsOtherComprehensiveIncome_fda22af9-a261-4ce2-b91e-945945382878_verboseLabel_en-US" xlink:label="lab_itub_PurchasesFairValueMeasurementOnFinancialAssetsOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Purchases</link:label>
    <link:label id="lab_itub_PurchasesFairValueMeasurementOnFinancialAssetsOtherComprehensiveIncome_label_en-US" xlink:label="lab_itub_PurchasesFairValueMeasurementOnFinancialAssetsOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchases Fair Value Measurement On Financial Assets Other Comprehensive Income</link:label>
    <link:label id="lab_itub_PurchasesFairValueMeasurementOnFinancialAssetsOtherComprehensiveIncome_documentation_en-US" xlink:label="lab_itub_PurchasesFairValueMeasurementOnFinancialAssetsOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Purchases Fair Value Measurement On Financial Assets Other Comprehensive Income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PurchasesFairValueMeasurementOnFinancialAssetsOtherComprehensiveIncome" xlink:href="itub-20251231.xsd#itub_PurchasesFairValueMeasurementOnFinancialAssetsOtherComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PurchasesFairValueMeasurementOnFinancialAssetsOtherComprehensiveIncome" xlink:to="lab_itub_PurchasesFairValueMeasurementOnFinancialAssetsOtherComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AdjustmentsForExpectedLossFromFinancialAssetsAndClaims_38da4113-b5cd-4272-847b-ccd2837b54dc_terseLabel_en-US" xlink:label="lab_itub_AdjustmentsForExpectedLossFromFinancialAssetsAndClaims" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expected credit loss with financial assets</link:label>
    <link:label id="lab_itub_AdjustmentsForExpectedLossFromFinancialAssetsAndClaims_label_en-US" xlink:label="lab_itub_AdjustmentsForExpectedLossFromFinancialAssetsAndClaims" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expected loss from financial assets</link:label>
    <link:label id="lab_itub_AdjustmentsForExpectedLossFromFinancialAssetsAndClaims_documentation_en-US" xlink:label="lab_itub_AdjustmentsForExpectedLossFromFinancialAssetsAndClaims" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Expected loss from financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AdjustmentsForExpectedLossFromFinancialAssetsAndClaims" xlink:href="itub-20251231.xsd#itub_AdjustmentsForExpectedLossFromFinancialAssetsAndClaims"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AdjustmentsForExpectedLossFromFinancialAssetsAndClaims" xlink:to="lab_itub_AdjustmentsForExpectedLossFromFinancialAssetsAndClaims" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CivilMember_60fda96f-0970-448d-b02f-50f3f9ebfaa3_terseLabel_en-US" xlink:label="lab_itub_CivilMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Civil</link:label>
    <link:label id="lab_itub_CivilMember_label_en-US" xlink:label="lab_itub_CivilMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Civil [Member]</link:label>
    <link:label id="lab_itub_CivilMember_documentation_en-US" xlink:label="lab_itub_CivilMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Civil [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CivilMember" xlink:href="itub-20251231.xsd#itub_CivilMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CivilMember" xlink:to="lab_itub_CivilMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DesignatedAsFairValueThroughProfitOrLoss_a741d877-8f36-4f9b-97b9-c8ae35f25550_terseLabel_en-US" xlink:label="lab_itub_DesignatedAsFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Designated as fair value through profit or loss</link:label>
    <link:label id="lab_itub_DesignatedAsFairValueThroughProfitOrLoss_label_en-US" xlink:label="lab_itub_DesignatedAsFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Designated As Fair Value Through Profit Or Loss</link:label>
    <link:label id="lab_itub_DesignatedAsFairValueThroughProfitOrLoss_documentation_en-US" xlink:label="lab_itub_DesignatedAsFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Designated As Fair Value Through Profit Or Loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DesignatedAsFairValueThroughProfitOrLoss" xlink:href="itub-20251231.xsd#itub_DesignatedAsFairValueThroughProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DesignatedAsFairValueThroughProfitOrLoss" xlink:to="lab_itub_DesignatedAsFairValueThroughProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashCollateralReceivedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets_f67f5a9a-089f-4831-a04e-9892338d2a00_negatedLabel_en-US" xlink:label="lab_ifrs-full_CashCollateralReceivedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Related amounts not offset in the statement of Financial position, cash collateral received</link:label>
    <link:label id="lab_ifrs-full_CashCollateralReceivedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets_label_en-US" xlink:label="lab_ifrs-full_CashCollateralReceivedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash collateral received subject to enforceable master netting arrangement or similar agreement not set off against financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashCollateralReceivedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashCollateralReceivedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashCollateralReceivedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets" xlink:to="lab_ifrs-full_CashCollateralReceivedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_ed1e2c6e-e8c6-4a63-8410-dd4bb878230e_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Transactions Between Related Parties</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of transactions between related parties [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EquityAndLiabilities_ea94b5a4-111d-41b9-a96f-40664576d931_totalLabel_en-US" xlink:label="lab_ifrs-full_EquityAndLiabilities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total liabilities and stockholders' equity</link:label>
    <link:label id="lab_ifrs-full_EquityAndLiabilities_label_en-US" xlink:label="lab_ifrs-full_EquityAndLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity and liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EquityAndLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EquityAndLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityAndLiabilities" xlink:to="lab_ifrs-full_EquityAndLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherPostEmploymentBenefitsMember_261aa54b-8c47-4540-95ef-a0b5cfb7b07b_terseLabel_en-US" xlink:label="lab_itub_OtherPostEmploymentBenefitsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other post-employment benefits</link:label>
    <link:label id="lab_itub_OtherPostEmploymentBenefitsMember_label_en-US" xlink:label="lab_itub_OtherPostEmploymentBenefitsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Post Employment Benefits [Member]</link:label>
    <link:label id="lab_itub_OtherPostEmploymentBenefitsMember_documentation_en-US" xlink:label="lab_itub_OtherPostEmploymentBenefitsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Post Employment Benefits [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherPostEmploymentBenefitsMember" xlink:href="itub-20251231.xsd#itub_OtherPostEmploymentBenefitsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherPostEmploymentBenefitsMember" xlink:to="lab_itub_OtherPostEmploymentBenefitsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IndustryAndCommerceMember_071db18b-111c-4d07-9d6e-f20ff3ac1307_terseLabel_en-US" xlink:label="lab_itub_IndustryAndCommerceMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Industry and commerce</link:label>
    <link:label id="lab_itub_IndustryAndCommerceMember_label_en-US" xlink:label="lab_itub_IndustryAndCommerceMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Industry And Commerce [Member]</link:label>
    <link:label id="lab_itub_IndustryAndCommerceMember_documentation_en-US" xlink:label="lab_itub_IndustryAndCommerceMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Industry And Commerce [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IndustryAndCommerceMember" xlink:href="itub-20251231.xsd#itub_IndustryAndCommerceMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IndustryAndCommerceMember" xlink:to="lab_itub_IndustryAndCommerceMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AdditionalInformationOnCashFlowsAbstract_73582ebc-50c6-4279-ab13-3716e7bdaa81_terseLabel_en-US" xlink:label="lab_itub_AdditionalInformationOnCashFlowsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional information on cash flow (Mainly operating activities)</link:label>
    <link:label id="lab_itub_AdditionalInformationOnCashFlowsAbstract_label_en-US" xlink:label="lab_itub_AdditionalInformationOnCashFlowsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additional information on cash flow (Mainly operating activities)</link:label>
    <link:label id="lab_itub_AdditionalInformationOnCashFlowsAbstract_documentation_en-US" xlink:label="lab_itub_AdditionalInformationOnCashFlowsAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Additional information on cash flow (Mainly operating activities)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AdditionalInformationOnCashFlowsAbstract" xlink:href="itub-20251231.xsd#itub_AdditionalInformationOnCashFlowsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AdditionalInformationOnCashFlowsAbstract" xlink:to="lab_itub_AdditionalInformationOnCashFlowsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BusinessCombinationsDomain_2abaeb88-8014-4ddb-b164-e85a2527b49e_terseLabel_en-US" xlink:label="lab_ifrs-full_BusinessCombinationsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business combinations [domain]</link:label>
    <link:label id="lab_ifrs-full_BusinessCombinationsDomain_label_en-US" xlink:label="lab_ifrs-full_BusinessCombinationsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business combinations [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BusinessCombinationsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BusinessCombinationsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BusinessCombinationsDomain" xlink:to="lab_ifrs-full_BusinessCombinationsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CostPropertyPlantAndEquipment_1bf81b41-debb-4de6-b4d0-2a2b729b23a7_verboseLabel_en-US" xlink:label="lab_itub_CostPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Cost</link:label>
    <link:label id="lab_itub_CostPropertyPlantAndEquipment_label_en-US" xlink:label="lab_itub_CostPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cost Property Plant And Equipment</link:label>
    <link:label id="lab_itub_CostPropertyPlantAndEquipment_documentation_en-US" xlink:label="lab_itub_CostPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cost Property Plant And Equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CostPropertyPlantAndEquipment" xlink:href="itub-20251231.xsd#itub_CostPropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CostPropertyPlantAndEquipment" xlink:to="lab_itub_CostPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfNetInvestmentInFinanceLease_e103e963-75f4-486a-85a6-fb18cc99d9d5_terseLabel_en-US" xlink:label="lab_ifrs-full_IncomeRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfNetInvestmentInFinanceLease" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Written off operations (WO)</link:label>
    <link:label id="lab_ifrs-full_IncomeRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfNetInvestmentInFinanceLease_label_en-US" xlink:label="lab_ifrs-full_IncomeRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfNetInvestmentInFinanceLease" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income relating to variable lease payments not included in measurement of net investment in finance lease</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfNetInvestmentInFinanceLease" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfNetInvestmentInFinanceLease"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfNetInvestmentInFinanceLease" xlink:to="lab_ifrs-full_IncomeRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfNetInvestmentInFinanceLease" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialAssetsAtFairValueThroughProfitOrLossIncludingGovernmentSecuritiesMember_019dcdd8-1cfe-7223-8187-2a5b08c0f05d_terseLabel_en-US" xlink:label="lab_itub_FinancialAssetsAtFairValueThroughProfitOrLossIncludingGovernmentSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial Assets At Fair Value Through Profit Or Loss, Including Government Securities</link:label>
    <link:label id="lab_itub_FinancialAssetsAtFairValueThroughProfitOrLossIncludingGovernmentSecuritiesMember_label_en-US" xlink:label="lab_itub_FinancialAssetsAtFairValueThroughProfitOrLossIncludingGovernmentSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Assets At Fair Value Through Profit Or Loss, Including Government Securities [Member]</link:label>
    <link:label id="lab_itub_FinancialAssetsAtFairValueThroughProfitOrLossIncludingGovernmentSecuritiesMember_documentation_en-US" xlink:label="lab_itub_FinancialAssetsAtFairValueThroughProfitOrLossIncludingGovernmentSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial Assets At Fair Value Through Profit Or Loss, Including Government Securities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialAssetsAtFairValueThroughProfitOrLossIncludingGovernmentSecuritiesMember" xlink:href="itub-20251231.xsd#itub_FinancialAssetsAtFairValueThroughProfitOrLossIncludingGovernmentSecuritiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialAssetsAtFairValueThroughProfitOrLossIncludingGovernmentSecuritiesMember" xlink:to="lab_itub_FinancialAssetsAtFairValueThroughProfitOrLossIncludingGovernmentSecuritiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LettersOfCreditAndCreditsToBeReleased_649a36aa-3a5a-43de-ba9c-08bc51a48c9f_terseLabel_en-US" xlink:label="lab_itub_LettersOfCreditAndCreditsToBeReleased" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit commitments and credits to be released</link:label>
    <link:label id="lab_itub_LettersOfCreditAndCreditsToBeReleased_label_en-US" xlink:label="lab_itub_LettersOfCreditAndCreditsToBeReleased" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Letters Of Credit And Credits To Be Released</link:label>
    <link:label id="lab_itub_LettersOfCreditAndCreditsToBeReleased_documentation_en-US" xlink:label="lab_itub_LettersOfCreditAndCreditsToBeReleased" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Letters Of Credit And Credits To Be Released</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LettersOfCreditAndCreditsToBeReleased" xlink:href="itub-20251231.xsd#itub_LettersOfCreditAndCreditsToBeReleased"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LettersOfCreditAndCreditsToBeReleased" xlink:to="lab_itub_LettersOfCreditAndCreditsToBeReleased" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CurrentAccountServices_38d2d463-d42f-4d7c-80bc-12820efa7018_negatedLabel_en-US" xlink:label="lab_itub_CurrentAccountServices" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Current account services</link:label>
    <link:label id="lab_itub_CurrentAccountServices_label_en-US" xlink:label="lab_itub_CurrentAccountServices" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Account Services</link:label>
    <link:label id="lab_itub_CurrentAccountServices_documentation_en-US" xlink:label="lab_itub_CurrentAccountServices" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Current Account Services</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CurrentAccountServices" xlink:href="itub-20251231.xsd#itub_CurrentAccountServices"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CurrentAccountServices" xlink:to="lab_itub_CurrentAccountServices" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_BorrowingInterestRateAxis_2d9521c9-1dc9-4811-8451-42b0c54ad422_terseLabel_en-US" xlink:label="lab_itub_BorrowingInterestRateAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Borrowing Interest Rate [Axis]</link:label>
    <link:label id="lab_itub_BorrowingInterestRateAxis_label_en-US" xlink:label="lab_itub_BorrowingInterestRateAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowing Interest Rate [Axis]</link:label>
    <link:label id="lab_itub_BorrowingInterestRateAxis_documentation_en-US" xlink:label="lab_itub_BorrowingInterestRateAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Borrowing Interest Rate [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_BorrowingInterestRateAxis" xlink:href="itub-20251231.xsd#itub_BorrowingInterestRateAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_BorrowingInterestRateAxis" xlink:to="lab_itub_BorrowingInterestRateAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_VariableFeeApproachVfaPrivatePension_8548a7da-abbf-4c81-a396-d948b4f4149e_verboseLabel_en-US" xlink:label="lab_itub_VariableFeeApproachVfaPrivatePension" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Private pension</link:label>
    <link:label id="lab_itub_VariableFeeApproachVfaPrivatePension_label_en-US" xlink:label="lab_itub_VariableFeeApproachVfaPrivatePension" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Fee Approach Vfa Private Pension</link:label>
    <link:label id="lab_itub_VariableFeeApproachVfaPrivatePension_documentation_en-US" xlink:label="lab_itub_VariableFeeApproachVfaPrivatePension" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Variable Fee Approach Vfa Private Pension</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_VariableFeeApproachVfaPrivatePension" xlink:href="itub-20251231.xsd#itub_VariableFeeApproachVfaPrivatePension"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_VariableFeeApproachVfaPrivatePension" xlink:to="lab_itub_VariableFeeApproachVfaPrivatePension" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InsuranceContractsThatAreAssets_57d39aa1-affa-46b5-8fd2-6e8e3ae8b7c3_terseLabel_en-US" xlink:label="lab_ifrs-full_InsuranceContractsThatAreAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Insurance contracts</link:label>
    <link:label id="lab_ifrs-full_InsuranceContractsThatAreAssets_label_en-US" xlink:label="lab_ifrs-full_InsuranceContractsThatAreAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Insurance contracts that are assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InsuranceContractsThatAreAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InsuranceContractsThatAreAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InsuranceContractsThatAreAssets" xlink:to="lab_ifrs-full_InsuranceContractsThatAreAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LoanAndLeaseOperations_d5a30c39-9602-44cf-927d-4f514d909eed_verboseLabel_en-US" xlink:label="lab_itub_LoanAndLeaseOperations" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Loan and lease operations</link:label>
    <link:label id="lab_itub_LoanAndLeaseOperations_label_en-US" xlink:label="lab_itub_LoanAndLeaseOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loan And Lease Operations</link:label>
    <link:label id="lab_itub_LoanAndLeaseOperations_documentation_en-US" xlink:label="lab_itub_LoanAndLeaseOperations" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loan And Lease Operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LoanAndLeaseOperations" xlink:href="itub-20251231.xsd#itub_LoanAndLeaseOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LoanAndLeaseOperations" xlink:to="lab_itub_LoanAndLeaseOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RightOfUseMember_019c90db-7ddc-7b42-b9b3-570286d1aab7_terseLabel_en-US" xlink:label="lab_itub_RightOfUseMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Right of use</link:label>
    <link:label id="lab_itub_RightOfUseMember_label_en-US" xlink:label="lab_itub_RightOfUseMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Right Of Use [Member]</link:label>
    <link:label id="lab_itub_RightOfUseMember_documentation_en-US" xlink:label="lab_itub_RightOfUseMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Right Of Use</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RightOfUseMember" xlink:href="itub-20251231.xsd#itub_RightOfUseMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RightOfUseMember" xlink:to="lab_itub_RightOfUseMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_JointVenturesDomain_81fdce8c-37e8-4a89-a36f-78260a5929c7_terseLabel_en-US" xlink:label="lab_ifrs-full_JointVenturesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Joint ventures [domain]</link:label>
    <link:label id="lab_ifrs-full_JointVenturesDomain_label_en-US" xlink:label="lab_ifrs-full_JointVenturesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Joint ventures [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_JointVenturesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_JointVenturesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_JointVenturesDomain" xlink:to="lab_ifrs-full_JointVenturesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory_44833a2d-60cb-461b-9140-ea15b41c8dbd_verboseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Investments in associates and joint ventures</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for investment in associates and joint ventures [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfManagementStrategyGuidelinesTableTextBlock_00ea07aa-5405-4529-8f80-b8928860735d_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfManagementStrategyGuidelinesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Management Strategy Guidelines</link:label>
    <link:label id="lab_itub_ScheduleOfManagementStrategyGuidelinesTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfManagementStrategyGuidelinesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of management strategy guidelines [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfManagementStrategyGuidelinesTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfManagementStrategyGuidelinesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of management strategy guidelines</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfManagementStrategyGuidelinesTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfManagementStrategyGuidelinesTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfManagementStrategyGuidelinesTableTextBlock" xlink:to="lab_itub_ScheduleOfManagementStrategyGuidelinesTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RiskExposureCoveragePercentage_ce237dab-30e2-46bc-858e-91cae3f5e61a_terseLabel_en-US" xlink:label="lab_itub_RiskExposureCoveragePercentage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Risk factor designated coverage ratio</link:label>
    <link:label id="lab_itub_RiskExposureCoveragePercentage_label_en-US" xlink:label="lab_itub_RiskExposureCoveragePercentage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Risk factor designated coverage ratio</link:label>
    <link:label id="lab_itub_RiskExposureCoveragePercentage_documentation_en-US" xlink:label="lab_itub_RiskExposureCoveragePercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Risk factor designated coverage ratio</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RiskExposureCoveragePercentage" xlink:href="itub-20251231.xsd#itub_RiskExposureCoveragePercentage"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RiskExposureCoveragePercentage" xlink:to="lab_itub_RiskExposureCoveragePercentage" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_CityAreaCode_7d7ec0cc-e379-4e08-9553-e1fb6b3869f4_terseLabel_en-US" xlink:label="lab_dei_CityAreaCode" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">City Area Code</link:label>
    <link:label id="lab_dei_CityAreaCode_label_en-US" xlink:label="lab_dei_CityAreaCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">City Area Code</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CityAreaCode" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CityAreaCode"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CityAreaCode" xlink:to="lab_dei_CityAreaCode" xlink:type="arc" order="1"/>
    <link:label id="lab_currency_USD_e4bb763b-daa0-4ef5-85de-ea22e1e643e7_terseLabel_en-US" xlink:label="lab_currency_USD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subordinated euronotes and bonds - USD</link:label>
    <link:label id="lab_currency_USD_label_en-US" xlink:label="lab_currency_USD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">United States of America, Dollars</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_currency_USD" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_USD"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_USD" xlink:to="lab_currency_USD" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems_7880a939-515f-4dd4-a3c9-64c220586cd9_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of financial assets that are either past due or impaired [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of financial assets that are either past due or impaired [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems" xlink:to="lab_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ChangesInFinancialAssumptions_2cb2d6c3-0f6e-4bd0-8cf3-e6170aa50287_terseLabel_en-US" xlink:label="lab_itub_ChangesInFinancialAssumptions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Changes in financial assumptions</link:label>
    <link:label id="lab_itub_ChangesInFinancialAssumptions_label_en-US" xlink:label="lab_itub_ChangesInFinancialAssumptions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Changes In Financial Assumptions</link:label>
    <link:label id="lab_itub_ChangesInFinancialAssumptions_documentation_en-US" xlink:label="lab_itub_ChangesInFinancialAssumptions" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Changes In Financial Assumptions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ChangesInFinancialAssumptions" xlink:href="itub-20251231.xsd#itub_ChangesInFinancialAssumptions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ChangesInFinancialAssumptions" xlink:to="lab_itub_ChangesInFinancialAssumptions" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SettlementsFairValueMeasurementFinancialAssetsAtFairValueThroughProfitLoss_019d6a59-0382-726b-a0c2-940784d1a174_negatedTerseLabel_en-US" xlink:label="lab_itub_SettlementsFairValueMeasurementFinancialAssetsAtFairValueThroughProfitLoss" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Settlements</link:label>
    <link:label id="lab_itub_SettlementsFairValueMeasurementFinancialAssetsAtFairValueThroughProfitLoss_label_en-US" xlink:label="lab_itub_SettlementsFairValueMeasurementFinancialAssetsAtFairValueThroughProfitLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Settlements, Fair Value Measurement, Financial Assets At Fair Value Through Profit (Loss)</link:label>
    <link:label id="lab_itub_SettlementsFairValueMeasurementFinancialAssetsAtFairValueThroughProfitLoss_documentation_en-US" xlink:label="lab_itub_SettlementsFairValueMeasurementFinancialAssetsAtFairValueThroughProfitLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Settlements, Fair Value Measurement, Financial Assets At Fair Value Through Profit (Loss)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SettlementsFairValueMeasurementFinancialAssetsAtFairValueThroughProfitLoss" xlink:href="itub-20251231.xsd#itub_SettlementsFairValueMeasurementFinancialAssetsAtFairValueThroughProfitLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SettlementsFairValueMeasurementFinancialAssetsAtFairValueThroughProfitLoss" xlink:to="lab_itub_SettlementsFairValueMeasurementFinancialAssetsAtFairValueThroughProfitLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CategoriesOfFinancialLiabilitiesDomain_52d23304-bbf1-4d9d-8bac-c47427c1e7b9_terseLabel_en-US" xlink:label="lab_ifrs-full_CategoriesOfFinancialLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Categories of financial liabilities [domain]</link:label>
    <link:label id="lab_ifrs-full_CategoriesOfFinancialLiabilitiesDomain_label_en-US" xlink:label="lab_ifrs-full_CategoriesOfFinancialLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Categories of financial liabilities [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CategoriesOfFinancialLiabilitiesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CategoriesOfFinancialLiabilitiesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CategoriesOfFinancialLiabilitiesDomain" xlink:to="lab_ifrs-full_CategoriesOfFinancialLiabilitiesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CorporateLoansMember_603093b1-e183-499d-9e72-aeaca6d1d0f3_terseLabel_en-US" xlink:label="lab_ifrs-full_CorporateLoansMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Companies</link:label>
    <link:label id="lab_ifrs-full_CorporateLoansMember_label_en-US" xlink:label="lab_ifrs-full_CorporateLoansMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans to corporate entities [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CorporateLoansMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CorporateLoansMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CorporateLoansMember" xlink:to="lab_ifrs-full_CorporateLoansMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity_334f734e-a392-4e8f-b5d0-88822d07599a_verboseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through other changes, equity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfRelatedPartyExplanatory_31472993-18da-4490-ac8c-15b2f108c4a0_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Related parties</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfRelatedPartyExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of related party [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfRelatedPartyExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:to="lab_ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SecuritiesAtFairValueThroughOtherComprehensiveIncome_019dbe51-d990-782c-a421-464f4bd88651_terseLabel_en-US" xlink:label="lab_itub_SecuritiesAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Securities</link:label>
    <link:label id="lab_itub_SecuritiesAtFairValueThroughOtherComprehensiveIncome_label_en-US" xlink:label="lab_itub_SecuritiesAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Securities At Fair Value Through Other Comprehensive Income</link:label>
    <link:label id="lab_itub_SecuritiesAtFairValueThroughOtherComprehensiveIncome_documentation_en-US" xlink:label="lab_itub_SecuritiesAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Securities At Fair Value Through Other Comprehensive Income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SecuritiesAtFairValueThroughOtherComprehensiveIncome" xlink:href="itub-20251231.xsd#itub_SecuritiesAtFairValueThroughOtherComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SecuritiesAtFairValueThroughOtherComprehensiveIncome" xlink:to="lab_itub_SecuritiesAtFairValueThroughOtherComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsAndGoodwill_019dbe2a-0230-7a60-a71f-d6bd8d9d3e7a_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Increase</link:label>
    <link:label id="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsAndGoodwill_label_en-US" xlink:label="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Impairment loss recognised in profit or loss, intangible assets and goodwill</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsAndGoodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsAndGoodwill"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsAndGoodwill" xlink:to="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsAndGoodwill" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AdditionalTierOneCapitalRequired_506e9330-a080-4fe0-bdd6-58418705a88e_terseLabel_en-US" xlink:label="lab_itub_AdditionalTierOneCapitalRequired" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional Tier I capital, required</link:label>
    <link:label id="lab_itub_AdditionalTierOneCapitalRequired_label_en-US" xlink:label="lab_itub_AdditionalTierOneCapitalRequired" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additional Tier I Capital, Required</link:label>
    <link:label id="lab_itub_AdditionalTierOneCapitalRequired_documentation_en-US" xlink:label="lab_itub_AdditionalTierOneCapitalRequired" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Additional Tier I Capital, Required</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AdditionalTierOneCapitalRequired" xlink:href="itub-20251231.xsd#itub_AdditionalTierOneCapitalRequired"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AdditionalTierOneCapitalRequired" xlink:to="lab_itub_AdditionalTierOneCapitalRequired" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LoanOperationsAndLeaseOperationsByType_68a57949-ba1e-44f5-8436-c5cf1e85d41a_terseLabel_en-US" xlink:label="lab_itub_LoanOperationsAndLeaseOperationsByType" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_itub_LoanOperationsAndLeaseOperationsByType_label_en-US" xlink:label="lab_itub_LoanOperationsAndLeaseOperationsByType" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loan Operations And Lease Operations By Type</link:label>
    <link:label id="lab_itub_LoanOperationsAndLeaseOperationsByType_documentation_en-US" xlink:label="lab_itub_LoanOperationsAndLeaseOperationsByType" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loan Operations And Lease Operations By Type</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LoanOperationsAndLeaseOperationsByType" xlink:href="itub-20251231.xsd#itub_LoanOperationsAndLeaseOperationsByType"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LoanOperationsAndLeaseOperationsByType" xlink:to="lab_itub_LoanOperationsAndLeaseOperationsByType" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeNetOfTax_a50995e0-1306-408c-9c33-68f7d012d961_negatedLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeNetOfTax" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Income from financial assets at fair value through other comprehensive income</link:label>
    <link:label id="lab_ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeNetOfTax_label_en-US" xlink:label="lab_ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeNetOfTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (losses) on financial assets measured at fair value through other comprehensive income, net of tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeNetOfTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeNetOfTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeNetOfTax" xlink:to="lab_ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeNetOfTax" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Level3OfFairValueHierarchyMember_674d7a7e-e5ec-4622-8338-4d9050834bc8_terseLabel_en-US" xlink:label="lab_ifrs-full_Level3OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Level 3</link:label>
    <link:label id="lab_ifrs-full_Level3OfFairValueHierarchyMember_label_en-US" xlink:label="lab_ifrs-full_Level3OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Level 3 of fair value hierarchy [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Level3OfFairValueHierarchyMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Level3OfFairValueHierarchyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Level3OfFairValueHierarchyMember" xlink:to="lab_ifrs-full_Level3OfFairValueHierarchyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SubordinatedDebtsMember_7f58079f-945a-4cfd-97af-906404a3d563_terseLabel_en-US" xlink:label="lab_itub_SubordinatedDebtsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subordinated debt</link:label>
    <link:label id="lab_itub_SubordinatedDebtsMember_label_en-US" xlink:label="lab_itub_SubordinatedDebtsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subordinated Debts [Member]</link:label>
    <link:label id="lab_itub_SubordinatedDebtsMember_documentation_en-US" xlink:label="lab_itub_SubordinatedDebtsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Subordinated Debts [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SubordinatedDebtsMember" xlink:href="itub-20251231.xsd#itub_SubordinatedDebtsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SubordinatedDebtsMember" xlink:to="lab_itub_SubordinatedDebtsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_After3Years_e652c821-6221-408f-9a89-9c0633e5ac5d_terseLabel_en-US" xlink:label="lab_itub_After3Years" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">After 3 years</link:label>
    <link:label id="lab_itub_After3Years_label_en-US" xlink:label="lab_itub_After3Years" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">After 3 Years</link:label>
    <link:label id="lab_itub_After3Years_documentation_en-US" xlink:label="lab_itub_After3Years" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">After 3 Years</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_After3Years" xlink:href="itub-20251231.xsd#itub_After3Years"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_After3Years" xlink:to="lab_itub_After3Years" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SavingsAccountsMember_1acc1102-3848-4778-a082-097713559c85_terseLabel_en-US" xlink:label="lab_itub_SavingsAccountsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Savings</link:label>
    <link:label id="lab_itub_SavingsAccountsMember_label_en-US" xlink:label="lab_itub_SavingsAccountsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Savings Accounts [Member]</link:label>
    <link:label id="lab_itub_SavingsAccountsMember_documentation_en-US" xlink:label="lab_itub_SavingsAccountsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Savings Accounts [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SavingsAccountsMember" xlink:href="itub-20251231.xsd#itub_SavingsAccountsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SavingsAccountsMember" xlink:to="lab_itub_SavingsAccountsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_StageOneLoanMember_48b76786-8d43-4ea9-9d41-da181f793178_terseLabel_en-US" xlink:label="lab_itub_StageOneLoanMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stage 1</link:label>
    <link:label id="lab_itub_StageOneLoanMember_label_en-US" xlink:label="lab_itub_StageOneLoanMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stage One Loan [Member]</link:label>
    <link:label id="lab_itub_StageOneLoanMember_documentation_en-US" xlink:label="lab_itub_StageOneLoanMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Stage One Loan [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_StageOneLoanMember" xlink:href="itub-20251231.xsd#itub_StageOneLoanMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_StageOneLoanMember" xlink:to="lab_itub_StageOneLoanMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfClassesOfShareCapitalTable_cd066bd4-724d-40cf-8ca2-77704dd4fdce_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of classes of share capital [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfClassesOfShareCapitalTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of classes of share capital [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:to="lab_ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ImpairmentOfFinancialAssetsDomain_71b10daa-96b7-4b81-9cd1-c2235a38f120_terseLabel_en-US" xlink:label="lab_ifrs-full_ImpairmentOfFinancialAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Impairment of financial assets [domain]</link:label>
    <link:label id="lab_ifrs-full_ImpairmentOfFinancialAssetsDomain_label_en-US" xlink:label="lab_ifrs-full_ImpairmentOfFinancialAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Impairment of financial assets [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ImpairmentOfFinancialAssetsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ImpairmentOfFinancialAssetsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ImpairmentOfFinancialAssetsDomain" xlink:to="lab_ifrs-full_ImpairmentOfFinancialAssetsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DecreaseThroughWriteoffFinancialAssets_019d55a7-57a2-7ac6-8838-14f195b53e0d_terseLabel_en-US" xlink:label="lab_ifrs-full_DecreaseThroughWriteoffFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Write-off</link:label>
    <link:label id="lab_ifrs-full_DecreaseThroughWriteoffFinancialAssets_019d693f-9a83-7cf1-ad4c-60100aecfbf2_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_DecreaseThroughWriteoffFinancialAssets" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Write-off</link:label>
    <link:label id="lab_ifrs-full_DecreaseThroughWriteoffFinancialAssets_label_en-US" xlink:label="lab_ifrs-full_DecreaseThroughWriteoffFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Decrease through write-off, financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DecreaseThroughWriteoffFinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DecreaseThroughWriteoffFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DecreaseThroughWriteoffFinancialAssets" xlink:to="lab_ifrs-full_DecreaseThroughWriteoffFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ExpectedLossFromFinancialAssets_019da9cc-8fd5-7765-9eb7-85d2c0c712bb_negatedTotalLabel_en-US" xlink:label="lab_itub_ExpectedLossFromFinancialAssets" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US">Expected Credit Loss from Financial Assets</link:label>
    <link:label id="lab_itub_ExpectedLossFromFinancialAssets_label_en-US" xlink:label="lab_itub_ExpectedLossFromFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expected Loss From Financial Assets</link:label>
    <link:label id="lab_itub_ExpectedLossFromFinancialAssets_documentation_en-US" xlink:label="lab_itub_ExpectedLossFromFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Expected Loss From Financial Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ExpectedLossFromFinancialAssets" xlink:href="itub-20251231.xsd#itub_ExpectedLossFromFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ExpectedLossFromFinancialAssets" xlink:to="lab_itub_ExpectedLossFromFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TotalValue_f644a531-3789-4140-b53e-9ceec2d8e7ef_terseLabel_en-US" xlink:label="lab_itub_TotalValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total, value</link:label>
    <link:label id="lab_itub_TotalValue_label_en-US" xlink:label="lab_itub_TotalValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total, Value</link:label>
    <link:label id="lab_itub_TotalValue_documentation_en-US" xlink:label="lab_itub_TotalValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total, Value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TotalValue" xlink:href="itub-20251231.xsd#itub_TotalValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TotalValue" xlink:to="lab_itub_TotalValue" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems_4d8e755b-7325-493d-b092-fd0943bec0a8_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of disaggregation of revenue from contracts with customers [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of disaggregation of revenue from contracts with customers [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems" xlink:to="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherCurrentFinancialAssets_9da3f162-938b-4d3a-87d7-5b77dff4d924_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherCurrentFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other current financial assets</link:label>
    <link:label id="lab_ifrs-full_OtherCurrentFinancialAssets_label_en-US" xlink:label="lab_ifrs-full_OtherCurrentFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other current financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherCurrentFinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherCurrentFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherCurrentFinancialAssets" xlink:to="lab_ifrs-full_OtherCurrentFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners_f6279252-53cc-4e4f-99bc-0dd97810d8f8_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transactions with owners</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through transactions with owners, equity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PastDueStatusAxis_af4fe7a7-4300-4b41-9f2f-ee3477c7a5d5_terseLabel_en-US" xlink:label="lab_ifrs-full_PastDueStatusAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Past due status [axis]</link:label>
    <link:label id="lab_ifrs-full_PastDueStatusAxis_label_en-US" xlink:label="lab_ifrs-full_PastDueStatusAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Past due status [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PastDueStatusAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PastDueStatusAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PastDueStatusAxis" xlink:to="lab_ifrs-full_PastDueStatusAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DefinedBenefitPlanObligationAverageDuration_37788f19-94b6-4b7f-8d3f-b667486b7666_terseLabel_en-US" xlink:label="lab_itub_DefinedBenefitPlanObligationAverageDuration" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Duration</link:label>
    <link:label id="lab_itub_DefinedBenefitPlanObligationAverageDuration_label_en-US" xlink:label="lab_itub_DefinedBenefitPlanObligationAverageDuration" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan, Obligation, Average Duration</link:label>
    <link:label id="lab_itub_DefinedBenefitPlanObligationAverageDuration_documentation_en-US" xlink:label="lab_itub_DefinedBenefitPlanObligationAverageDuration" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan, Obligation, Average Duration</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DefinedBenefitPlanObligationAverageDuration" xlink:href="itub-20251231.xsd#itub_DefinedBenefitPlanObligationAverageDuration"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DefinedBenefitPlanObligationAverageDuration" xlink:to="lab_itub_DefinedBenefitPlanObligationAverageDuration" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RiasRedbancSAMember_6a248f6f-7d5a-41b4-93d3-ffb31ff865f5_terseLabel_en-US" xlink:label="lab_itub_RiasRedbancSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Rias Redbanc S.A.</link:label>
    <link:label id="lab_itub_RiasRedbancSAMember_label_en-US" xlink:label="lab_itub_RiasRedbancSAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rias Redbanc S A [Member]</link:label>
    <link:label id="lab_itub_RiasRedbancSAMember_documentation_en-US" xlink:label="lab_itub_RiasRedbancSAMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Rias Redbanc S A [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RiasRedbancSAMember" xlink:href="itub-20251231.xsd#itub_RiasRedbancSAMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RiasRedbancSAMember" xlink:to="lab_itub_RiasRedbancSAMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_MandatoryDividend_38c4c45d-b745-4a70-8095-28978a48397a_terseLabel_en-US" xlink:label="lab_itub_MandatoryDividend" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Minimum mandatory dividend</link:label>
    <link:label id="lab_itub_MandatoryDividend_label_en-US" xlink:label="lab_itub_MandatoryDividend" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mandatory Dividend</link:label>
    <link:label id="lab_itub_MandatoryDividend_documentation_en-US" xlink:label="lab_itub_MandatoryDividend" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mandatory Dividend</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_MandatoryDividend" xlink:href="itub-20251231.xsd#itub_MandatoryDividend"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_MandatoryDividend" xlink:to="lab_itub_MandatoryDividend" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory_d70c0233-b01f-4da7-8503-54aa4be22210_verboseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Share-based payment</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of share-based payment arrangements [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CurrentIncomeTaxAndSocialContribution_5d092ebd-c11e-4bd0-9864-67c38502a677_negatedLabel_en-US" xlink:label="lab_itub_CurrentIncomeTaxAndSocialContribution" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Current income tax and social contribution</link:label>
    <link:label id="lab_itub_CurrentIncomeTaxAndSocialContribution_label_en-US" xlink:label="lab_itub_CurrentIncomeTaxAndSocialContribution" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Income Tax And Social Contribution</link:label>
    <link:label id="lab_itub_CurrentIncomeTaxAndSocialContribution_documentation_en-US" xlink:label="lab_itub_CurrentIncomeTaxAndSocialContribution" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Current Income Tax And Social Contribution</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CurrentIncomeTaxAndSocialContribution" xlink:href="itub-20251231.xsd#itub_CurrentIncomeTaxAndSocialContribution"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CurrentIncomeTaxAndSocialContribution" xlink:to="lab_itub_CurrentIncomeTaxAndSocialContribution" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TotalReturnsSwapMember_bccc8ad1-9edc-438a-8e13-92bc8351c3cc_terseLabel_en-US" xlink:label="lab_itub_TotalReturnsSwapMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">TRS</link:label>
    <link:label id="lab_itub_TotalReturnsSwapMember_label_en-US" xlink:label="lab_itub_TotalReturnsSwapMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Returns Swap [Member]</link:label>
    <link:label id="lab_itub_TotalReturnsSwapMember_documentation_en-US" xlink:label="lab_itub_TotalReturnsSwapMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total Returns Swap [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TotalReturnsSwapMember" xlink:href="itub-20251231.xsd#itub_TotalReturnsSwapMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TotalReturnsSwapMember" xlink:to="lab_itub_TotalReturnsSwapMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PromissoryNoteMember_ff599884-77a7-4400-bb6c-fad5c4762c85_terseLabel_en-US" xlink:label="lab_itub_PromissoryNoteMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Promissory notes</link:label>
    <link:label id="lab_itub_PromissoryNoteMember_label_en-US" xlink:label="lab_itub_PromissoryNoteMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Promissory Note [Member]</link:label>
    <link:label id="lab_itub_PromissoryNoteMember_documentation_en-US" xlink:label="lab_itub_PromissoryNoteMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Promissory Note [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PromissoryNoteMember" xlink:href="itub-20251231.xsd#itub_PromissoryNoteMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PromissoryNoteMember" xlink:to="lab_itub_PromissoryNoteMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanOneYearMember_b5135440-5adb-4874-abf3-1b2e9971f9d6_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanOneYearMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">31 &#8211; 365</link:label>
    <link:label id="lab_ifrs-full_LaterThanOneYearMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanOneYearMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than one year [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanOneYearMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanOneYearMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanOneYearMember" xlink:to="lab_ifrs-full_LaterThanOneYearMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FallingDueMoreThanThreeMonthsButLessThanOneYearMember_b37d4818-aad0-4b97-9247-c9108623e02c_terseLabel_en-US" xlink:label="lab_itub_FallingDueMoreThanThreeMonthsButLessThanOneYearMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Falling due from 3 months to 12 months</link:label>
    <link:label id="lab_itub_FallingDueMoreThanThreeMonthsButLessThanOneYearMember_label_en-US" xlink:label="lab_itub_FallingDueMoreThanThreeMonthsButLessThanOneYearMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Falling Due More Than Three Months But Less Than One Year [Member]</link:label>
    <link:label id="lab_itub_FallingDueMoreThanThreeMonthsButLessThanOneYearMember_documentation_en-US" xlink:label="lab_itub_FallingDueMoreThanThreeMonthsButLessThanOneYearMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Falling Due More Than Three Months But Less Than One Year [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FallingDueMoreThanThreeMonthsButLessThanOneYearMember" xlink:href="itub-20251231.xsd#itub_FallingDueMoreThanThreeMonthsButLessThanOneYearMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FallingDueMoreThanThreeMonthsButLessThanOneYearMember" xlink:to="lab_itub_FallingDueMoreThanThreeMonthsButLessThanOneYearMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ReportingYearMember_870fb3f7-c1a9-46ac-a2ca-e84d6186e360_terseLabel_en-US" xlink:label="lab_ifrs-full_ReportingYearMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">12/31/2025</link:label>
    <link:label id="lab_ifrs-full_ReportingYearMember_label_en-US" xlink:label="lab_ifrs-full_ReportingYearMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reporting year [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReportingYearMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ReportingYearMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReportingYearMember" xlink:to="lab_ifrs-full_ReportingYearMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterbankMarketFundFinancing_26c82828-140a-4050-ba79-5fd7bbbd6557_terseLabel_en-US" xlink:label="lab_itub_InterbankMarketFundFinancing" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interbank market funds</link:label>
    <link:label id="lab_itub_InterbankMarketFundFinancing_019d4456-05b5-7951-ac09-7434832e7b92_totalLabel_en-US" xlink:label="lab_itub_InterbankMarketFundFinancing" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Interbank market funds</link:label>
    <link:label id="lab_itub_InterbankMarketFundFinancing_71c84918-ace1-49cb-acde-e375eabc6dbc_verboseLabel_en-US" xlink:label="lab_itub_InterbankMarketFundFinancing" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Interbank market funds</link:label>
    <link:label id="lab_itub_InterbankMarketFundFinancing_label_en-US" xlink:label="lab_itub_InterbankMarketFundFinancing" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interbank Market Fund Financing</link:label>
    <link:label id="lab_itub_InterbankMarketFundFinancing_documentation_en-US" xlink:label="lab_itub_InterbankMarketFundFinancing" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interbank Market Fund Financing</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterbankMarketFundFinancing" xlink:href="itub-20251231.xsd#itub_InterbankMarketFundFinancing"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterbankMarketFundFinancing" xlink:to="lab_itub_InterbankMarketFundFinancing" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_BiomasServicosAmbientaisRestauracaoeCarbonoSAMember_122bd59c-01d2-43dc-abad-5f49c2ac6ab2_terseLabel_en-US" xlink:label="lab_itub_BiomasServicosAmbientaisRestauracaoeCarbonoSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Biomas &#8211; Servi&#231;os Ambientais, Restaura&#231;&#227;o e Carbono S.A.</link:label>
    <link:label id="lab_itub_BiomasServicosAmbientaisRestauracaoeCarbonoSAMember_label_en-US" xlink:label="lab_itub_BiomasServicosAmbientaisRestauracaoeCarbonoSAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Biomas Servicos Ambientais Restauracaoe Carbono S A [Member]</link:label>
    <link:label id="lab_itub_BiomasServicosAmbientaisRestauracaoeCarbonoSAMember_documentation_en-US" xlink:label="lab_itub_BiomasServicosAmbientaisRestauracaoeCarbonoSAMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Biomas Servicos Ambientais Restauracaoe Carbono S A [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_BiomasServicosAmbientaisRestauracaoeCarbonoSAMember" xlink:href="itub-20251231.xsd#itub_BiomasServicosAmbientaisRestauracaoeCarbonoSAMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_BiomasServicosAmbientaisRestauracaoeCarbonoSAMember" xlink:to="lab_itub_BiomasServicosAmbientaisRestauracaoeCarbonoSAMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AcquisitionOfTreasuryShare_3d09a65c-893a-4952-9bd9-67ad31bf441e_negatedLabel_en-US" xlink:label="lab_itub_AcquisitionOfTreasuryShare" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Acquisition of treasury shares</link:label>
    <link:label id="lab_itub_AcquisitionOfTreasuryShare_label_en-US" xlink:label="lab_itub_AcquisitionOfTreasuryShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Acquisition Of Treasury Share</link:label>
    <link:label id="lab_itub_AcquisitionOfTreasuryShare_documentation_en-US" xlink:label="lab_itub_AcquisitionOfTreasuryShare" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Acquisition Of Treasury Share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AcquisitionOfTreasuryShare" xlink:href="itub-20251231.xsd#itub_AcquisitionOfTreasuryShare"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AcquisitionOfTreasuryShare" xlink:to="lab_itub_AcquisitionOfTreasuryShare" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ReflectedInStockholderEquityMember_93f9bed7-b5dd-4a12-95ce-5593bff73eeb_terseLabel_en-US" xlink:label="lab_itub_ReflectedInStockholderEquityMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reflected in stockholders&#8217; equity</link:label>
    <link:label id="lab_itub_ReflectedInStockholderEquityMember_label_en-US" xlink:label="lab_itub_ReflectedInStockholderEquityMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reflected In Stockholder Equity [Member]</link:label>
    <link:label id="lab_itub_ReflectedInStockholderEquityMember_documentation_en-US" xlink:label="lab_itub_ReflectedInStockholderEquityMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Reflected In Stockholder Equity [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ReflectedInStockholderEquityMember" xlink:href="itub-20251231.xsd#itub_ReflectedInStockholderEquityMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ReflectedInStockholderEquityMember" xlink:to="lab_itub_ReflectedInStockholderEquityMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfRepurchaseAndReverseRepurchaseAgreementsExplanatory_83ec2cc7-1fe8-42be-90fb-b62a5e41057b_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfRepurchaseAndReverseRepurchaseAgreementsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Securities sold under repurchase agreements and interbank and institutional market funds</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfRepurchaseAndReverseRepurchaseAgreementsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfRepurchaseAndReverseRepurchaseAgreementsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of repurchase and reverse repurchase agreements [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfRepurchaseAndReverseRepurchaseAgreementsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfRepurchaseAndReverseRepurchaseAgreementsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfRepurchaseAndReverseRepurchaseAgreementsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfRepurchaseAndReverseRepurchaseAgreementsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestOnCapitalGrossValue_90445a71-80e9-408f-9f7c-2fc0905f60c7_verboseLabel_en-US" xlink:label="lab_itub_InterestOnCapitalGrossValue" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Interest on capital, value</link:label>
    <link:label id="lab_itub_InterestOnCapitalGrossValue_label_en-US" xlink:label="lab_itub_InterestOnCapitalGrossValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest On Capital Gross Value</link:label>
    <link:label id="lab_itub_InterestOnCapitalGrossValue_documentation_en-US" xlink:label="lab_itub_InterestOnCapitalGrossValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest On Capital Gross Value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestOnCapitalGrossValue" xlink:href="itub-20251231.xsd#itub_InterestOnCapitalGrossValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestOnCapitalGrossValue" xlink:to="lab_itub_InterestOnCapitalGrossValue" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RuralProductNoteMember_7b5b5736-90d3-4531-a0be-73ca9a061e02_terseLabel_en-US" xlink:label="lab_itub_RuralProductNoteMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Rural product note</link:label>
    <link:label id="lab_itub_RuralProductNoteMember_label_en-US" xlink:label="lab_itub_RuralProductNoteMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rural Product Note [member]</link:label>
    <link:label id="lab_itub_RuralProductNoteMember_documentation_en-US" xlink:label="lab_itub_RuralProductNoteMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Rural product note.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RuralProductNoteMember" xlink:href="itub-20251231.xsd#itub_RuralProductNoteMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RuralProductNoteMember" xlink:to="lab_itub_RuralProductNoteMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialAssetAtFairValue_42805f0c-3cd5-4e6f-af8a-f67b71e40269_verboseLabel_en-US" xlink:label="lab_itub_FinancialAssetAtFairValue" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Financial assets at amortized cost</link:label>
    <link:label id="lab_itub_FinancialAssetAtFairValue_label_en-US" xlink:label="lab_itub_FinancialAssetAtFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Asset At Fair Value</link:label>
    <link:label id="lab_itub_FinancialAssetAtFairValue_documentation_en-US" xlink:label="lab_itub_FinancialAssetAtFairValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial Asset At Fair Value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialAssetAtFairValue" xlink:href="itub-20251231.xsd#itub_FinancialAssetAtFairValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialAssetAtFairValue" xlink:to="lab_itub_FinancialAssetAtFairValue" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory_0f174c99-891b-4c15-9791-ed15096f1139_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule Of Derivative Financial Instruments Portfolio (Assets And Liabilities)</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about financial instruments [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherAssetsMember_3bf5d2f1-0c69-495b-bda6-21500a7d0b32_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other financial assets</link:label>
    <link:label id="lab_ifrs-full_OtherAssetsMember_label_en-US" xlink:label="lab_ifrs-full_OtherAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other assets [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherAssetsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherAssetsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherAssetsMember" xlink:to="lab_ifrs-full_OtherAssetsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ItauSegurosSAMember_b58f5c76-59a7-4b52-833f-0fb8fcef19e5_terseLabel_en-US" xlink:label="lab_itub_ItauSegurosSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ita&#250; Seguros S.A.</link:label>
    <link:label id="lab_itub_ItauSegurosSAMember_label_en-US" xlink:label="lab_itub_ItauSegurosSAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Itau Seguros S.A. [Member]</link:label>
    <link:label id="lab_itub_ItauSegurosSAMember_documentation_en-US" xlink:label="lab_itub_ItauSegurosSAMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Itau Seguros S.A.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ItauSegurosSAMember" xlink:href="itub-20251231.xsd#itub_ItauSegurosSAMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ItauSegurosSAMember" xlink:to="lab_itub_ItauSegurosSAMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SeparateManagementEntitiesAxis_eccb158d-8b1f-4229-921a-1bad7d797d7c_terseLabel_en-US" xlink:label="lab_ifrs-full_SeparateManagementEntitiesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Separate management entities [axis]</link:label>
    <link:label id="lab_ifrs-full_SeparateManagementEntitiesAxis_label_en-US" xlink:label="lab_ifrs-full_SeparateManagementEntitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Separate management entities [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SeparateManagementEntitiesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SeparateManagementEntitiesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SeparateManagementEntitiesAxis" xlink:to="lab_ifrs-full_SeparateManagementEntitiesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LossOnSaleOfAssetsHeldForSaleFixedAssetsAndInvestmentsInAssociatesAndJointVentures_7f9d2825-a878-400a-9306-245df3cb87a8_negatedLabel_en-US" xlink:label="lab_itub_LossOnSaleOfAssetsHeldForSaleFixedAssetsAndInvestmentsInAssociatesAndJointVentures" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Loss on sale of other assets, fixed assets and investments in associates and joint ventures</link:label>
    <link:label id="lab_itub_LossOnSaleOfAssetsHeldForSaleFixedAssetsAndInvestmentsInAssociatesAndJointVentures_label_en-US" xlink:label="lab_itub_LossOnSaleOfAssetsHeldForSaleFixedAssetsAndInvestmentsInAssociatesAndJointVentures" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loss On Sale Of Assets Held For Sale Fixed Assets And Investments In Associates And Joint Ventures</link:label>
    <link:label id="lab_itub_LossOnSaleOfAssetsHeldForSaleFixedAssetsAndInvestmentsInAssociatesAndJointVentures_documentation_en-US" xlink:label="lab_itub_LossOnSaleOfAssetsHeldForSaleFixedAssetsAndInvestmentsInAssociatesAndJointVentures" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loss On Sale Of Assets Held For Sale Fixed Assets And Investments In Associates And Joint Ventures</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LossOnSaleOfAssetsHeldForSaleFixedAssetsAndInvestmentsInAssociatesAndJointVentures" xlink:href="itub-20251231.xsd#itub_LossOnSaleOfAssetsHeldForSaleFixedAssetsAndInvestmentsInAssociatesAndJointVentures"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LossOnSaleOfAssetsHeldForSaleFixedAssetsAndInvestmentsInAssociatesAndJointVentures" xlink:to="lab_itub_LossOnSaleOfAssetsHeldForSaleFixedAssetsAndInvestmentsInAssociatesAndJointVentures" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfProvisionsAxis_472b3db6-896c-4cf9-91b6-8a9b398dc86e_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfProvisionsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of other provisions [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfProvisionsAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfProvisionsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of other provisions [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfProvisionsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfProvisionsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfProvisionsAxis" xlink:to="lab_ifrs-full_ClassesOfProvisionsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FiftyLargestDebtorsMember_809f5486-a838-4008-b1e5-c61793c2a190_terseLabel_en-US" xlink:label="lab_itub_FiftyLargestDebtorsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">50 largest debtors</link:label>
    <link:label id="lab_itub_FiftyLargestDebtorsMember_label_en-US" xlink:label="lab_itub_FiftyLargestDebtorsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fifty Largest Debtors [Member]</link:label>
    <link:label id="lab_itub_FiftyLargestDebtorsMember_documentation_en-US" xlink:label="lab_itub_FiftyLargestDebtorsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fifty Largest Debtors [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FiftyLargestDebtorsMember" xlink:href="itub-20251231.xsd#itub_FiftyLargestDebtorsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FiftyLargestDebtorsMember" xlink:to="lab_itub_FiftyLargestDebtorsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TransfersInTheHierarchyAssetsAtFairValue_019d6a5d-a809-76d3-bed3-301b9c8b10f9_terseLabel_en-US" xlink:label="lab_itub_TransfersInTheHierarchyAssetsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transfers in the hierarchy</link:label>
    <link:label id="lab_itub_TransfersInTheHierarchyAssetsAtFairValue_label_en-US" xlink:label="lab_itub_TransfersInTheHierarchyAssetsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfers In The Hierarchy, Assets At Fair Value</link:label>
    <link:label id="lab_itub_TransfersInTheHierarchyAssetsAtFairValue_documentation_en-US" xlink:label="lab_itub_TransfersInTheHierarchyAssetsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Transfers In The Hierarchy, Assets At Fair Value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TransfersInTheHierarchyAssetsAtFairValue" xlink:href="itub-20251231.xsd#itub_TransfersInTheHierarchyAssetsAtFairValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TransfersInTheHierarchyAssetsAtFairValue" xlink:to="lab_itub_TransfersInTheHierarchyAssetsAtFairValue" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ImpactInStockholdersEquityPrivatePensionMember_a035bd6d-e67a-400e-818e-bff54cb813f5_terseLabel_en-US" xlink:label="lab_itub_ImpactInStockholdersEquityPrivatePensionMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Impact in Stockholders&#8217; Equity, Private Pension</link:label>
    <link:label id="lab_itub_ImpactInStockholdersEquityPrivatePensionMember_label_en-US" xlink:label="lab_itub_ImpactInStockholdersEquityPrivatePensionMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Impact In Stockholders Equity Private Pension [Member]</link:label>
    <link:label id="lab_itub_ImpactInStockholdersEquityPrivatePensionMember_documentation_en-US" xlink:label="lab_itub_ImpactInStockholdersEquityPrivatePensionMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Impact In Stockholders Equity Private Pension [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ImpactInStockholdersEquityPrivatePensionMember" xlink:href="itub-20251231.xsd#itub_ImpactInStockholdersEquityPrivatePensionMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ImpactInStockholdersEquityPrivatePensionMember" xlink:to="lab_itub_ImpactInStockholdersEquityPrivatePensionMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AverageCostPricePerShare_85925cea-1374-4342-8406-d350b6d9b1cd_terseLabel_en-US" xlink:label="lab_itub_AverageCostPricePerShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Average cost (in brl per share)</link:label>
    <link:label id="lab_itub_AverageCostPricePerShare_label_en-US" xlink:label="lab_itub_AverageCostPricePerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Average Cost Price Per Share</link:label>
    <link:label id="lab_itub_AverageCostPricePerShare_documentation_en-US" xlink:label="lab_itub_AverageCostPricePerShare" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Average Cost Price Per Share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AverageCostPricePerShare" xlink:href="itub-20251231.xsd#itub_AverageCostPricePerShare"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AverageCostPricePerShare" xlink:to="lab_itub_AverageCostPricePerShare" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialAssetsAtFairValueThroughProfitOrLossAndDesignatedAtFairValueThroughProfitOrLossSecuritiesTextBlock_faaf0dc0-2cf9-4c78-b529-7e6719a0e586_terseLabel_en-US" xlink:label="lab_itub_FinancialAssetsAtFairValueThroughProfitOrLossAndDesignatedAtFairValueThroughProfitOrLossSecuritiesTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Securities at fair value through profit or loss (FVPL)</link:label>
    <link:label id="lab_itub_FinancialAssetsAtFairValueThroughProfitOrLossAndDesignatedAtFairValueThroughProfitOrLossSecuritiesTextBlock_label_en-US" xlink:label="lab_itub_FinancialAssetsAtFairValueThroughProfitOrLossAndDesignatedAtFairValueThroughProfitOrLossSecuritiesTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets at fair value through profit or loss and designated at fair value through profit or loss - Securities [Text Block]</link:label>
    <link:label id="lab_itub_FinancialAssetsAtFairValueThroughProfitOrLossAndDesignatedAtFairValueThroughProfitOrLossSecuritiesTextBlock_documentation_en-US" xlink:label="lab_itub_FinancialAssetsAtFairValueThroughProfitOrLossAndDesignatedAtFairValueThroughProfitOrLossSecuritiesTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial assets at fair value through profit or loss and designated at fair value through profit or loss - Securities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialAssetsAtFairValueThroughProfitOrLossAndDesignatedAtFairValueThroughProfitOrLossSecuritiesTextBlock" xlink:href="itub-20251231.xsd#itub_FinancialAssetsAtFairValueThroughProfitOrLossAndDesignatedAtFairValueThroughProfitOrLossSecuritiesTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialAssetsAtFairValueThroughProfitOrLossAndDesignatedAtFairValueThroughProfitOrLossSecuritiesTextBlock" xlink:to="lab_itub_FinancialAssetsAtFairValueThroughProfitOrLossAndDesignatedAtFairValueThroughProfitOrLossSecuritiesTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CollateralRepledgeUnderAgreementToResell_3a55efce-ad50-49fb-9812-856da118fd7b_terseLabel_en-US" xlink:label="lab_itub_CollateralRepledgeUnderAgreementToResell" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Collateral repledge</link:label>
    <link:label id="lab_itub_CollateralRepledgeUnderAgreementToResell_label_en-US" xlink:label="lab_itub_CollateralRepledgeUnderAgreementToResell" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Collateral repledge</link:label>
    <link:label id="lab_itub_CollateralRepledgeUnderAgreementToResell_documentation_en-US" xlink:label="lab_itub_CollateralRepledgeUnderAgreementToResell" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Collateral repledge</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CollateralRepledgeUnderAgreementToResell" xlink:href="itub-20251231.xsd#itub_CollateralRepledgeUnderAgreementToResell"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CollateralRepledgeUnderAgreementToResell" xlink:to="lab_itub_CollateralRepledgeUnderAgreementToResell" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_EquityInvestmentInFundsFallBackApproachMember_1f28e07c-7c7a-43e3-8534-1dbca42d2e98_terseLabel_en-US" xlink:label="lab_itub_EquityInvestmentInFundsFallBackApproachMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity investments in funds - fall-back approach</link:label>
    <link:label id="lab_itub_EquityInvestmentInFundsFallBackApproachMember_label_en-US" xlink:label="lab_itub_EquityInvestmentInFundsFallBackApproachMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Investment In Funds Fall Back Approach [Member]</link:label>
    <link:label id="lab_itub_EquityInvestmentInFundsFallBackApproachMember_documentation_en-US" xlink:label="lab_itub_EquityInvestmentInFundsFallBackApproachMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Equity Investment In Funds Fall Back Approach [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_EquityInvestmentInFundsFallBackApproachMember" xlink:href="itub-20251231.xsd#itub_EquityInvestmentInFundsFallBackApproachMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_EquityInvestmentInFundsFallBackApproachMember" xlink:to="lab_itub_EquityInvestmentInFundsFallBackApproachMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DerivativeFinancialLiabilities_019c7539-9a9f-7047-b246-0c98646f1590_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_DerivativeFinancialLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Financial liabilities</link:label>
    <link:label id="lab_ifrs-full_DerivativeFinancialLiabilities_a2121cfb-fa74-4240-b7a5-aa51c8de3920_negatedLabel_en-US" xlink:label="lab_ifrs-full_DerivativeFinancialLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Liabilities</link:label>
    <link:label id="lab_ifrs-full_DerivativeFinancialLiabilities_0d1258ad-86c7-45f1-9482-1b6fca1dae4a_verboseLabel_en-US" xlink:label="lab_ifrs-full_DerivativeFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Derivatives</link:label>
    <link:label id="lab_ifrs-full_DerivativeFinancialLiabilities_f1724415-bfc7-4938-9487-d3f6f0276c3a_terseLabel_en-US" xlink:label="lab_ifrs-full_DerivativeFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivatives</link:label>
    <link:label id="lab_ifrs-full_DerivativeFinancialLiabilities_label_en-US" xlink:label="lab_ifrs-full_DerivativeFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative financial liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DerivativeFinancialLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DerivativeFinancialLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DerivativeFinancialLiabilities" xlink:to="lab_ifrs-full_DerivativeFinancialLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OlimpiaPromocaoeServicosSAMember_454db25a-4d37-4a75-81a5-5dca3c62cc6f_terseLabel_en-US" xlink:label="lab_itub_OlimpiaPromocaoeServicosSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ol&#237;mpia Promo&#231;&#227;o e Servi&#231;os S.A.</link:label>
    <link:label id="lab_itub_OlimpiaPromocaoeServicosSAMember_label_en-US" xlink:label="lab_itub_OlimpiaPromocaoeServicosSAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Olimpia Promocaoe Servicos S A [Member]</link:label>
    <link:label id="lab_itub_OlimpiaPromocaoeServicosSAMember_documentation_en-US" xlink:label="lab_itub_OlimpiaPromocaoeServicosSAMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Olimpia Promocaoe Servicos S A [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OlimpiaPromocaoeServicosSAMember" xlink:href="itub-20251231.xsd#itub_OlimpiaPromocaoeServicosSAMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OlimpiaPromocaoeServicosSAMember" xlink:to="lab_itub_OlimpiaPromocaoeServicosSAMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDefinedBenefitPlansExplanatory_cebfe6dc-7de1-4f81-935d-f5b62c7aafe5_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDefinedBenefitPlansExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Allocation of Assets by Category Segmented into Quoted and Not Quoted in Active Market</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDefinedBenefitPlansExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDefinedBenefitPlansExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of defined benefit plans [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDefinedBenefitPlansExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDefinedBenefitPlansExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDefinedBenefitPlansExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OrdinarySharesMember_58f16bcb-54e7-4d61-9cef-e8cfba0ae600_terseLabel_en-US" xlink:label="lab_ifrs-full_OrdinarySharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common</link:label>
    <link:label id="lab_ifrs-full_OrdinarySharesMember_label_en-US" xlink:label="lab_ifrs-full_OrdinarySharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ordinary shares [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OrdinarySharesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OrdinarySharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OrdinarySharesMember" xlink:to="lab_ifrs-full_OrdinarySharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_MarketValueWeightedAverage_1ae318b0-9755-45e7-875b-52d536074c6c_terseLabel_en-US" xlink:label="lab_itub_MarketValueWeightedAverage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted average (in brl per share)</link:label>
    <link:label id="lab_itub_MarketValueWeightedAverage_label_en-US" xlink:label="lab_itub_MarketValueWeightedAverage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Market Value Weighted Average</link:label>
    <link:label id="lab_itub_MarketValueWeightedAverage_documentation_en-US" xlink:label="lab_itub_MarketValueWeightedAverage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Market Value Weighted Average</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_MarketValueWeightedAverage" xlink:href="itub-20251231.xsd#itub_MarketValueWeightedAverage"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_MarketValueWeightedAverage" xlink:to="lab_itub_MarketValueWeightedAverage" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TransferToLifetimeExpectedCreditLossesNotCreditImpairedMember_019d55bc-76c1-7b53-8653-a7a203ac7052_terseLabel_en-US" xlink:label="lab_itub_TransferToLifetimeExpectedCreditLossesNotCreditImpairedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transfer to stage 2</link:label>
    <link:label id="lab_itub_TransferToLifetimeExpectedCreditLossesNotCreditImpairedMember_label_en-US" xlink:label="lab_itub_TransferToLifetimeExpectedCreditLossesNotCreditImpairedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfer To Lifetime Expected Credit Losses Not Credit Impaired [Member]</link:label>
    <link:label id="lab_itub_TransferToLifetimeExpectedCreditLossesNotCreditImpairedMember_documentation_en-US" xlink:label="lab_itub_TransferToLifetimeExpectedCreditLossesNotCreditImpairedMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Transfer To Lifetime Expected Credit Losses Not Credit Impaired</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TransferToLifetimeExpectedCreditLossesNotCreditImpairedMember" xlink:href="itub-20251231.xsd#itub_TransferToLifetimeExpectedCreditLossesNotCreditImpairedMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TransferToLifetimeExpectedCreditLossesNotCreditImpairedMember" xlink:to="lab_itub_TransferToLifetimeExpectedCreditLossesNotCreditImpairedMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfEarningsPerShareExplanatory_6bbdcbe5-7270-43a8-bf7a-626ce05e6aed_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfEarningsPerShareExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Earnings per share</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfEarningsPerShareExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfEarningsPerShareExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of earnings per share [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfEarningsPerShareExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfEarningsPerShareExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfEarningsPerShareExplanatory" xlink:to="lab_ifrs-full_DisclosureOfEarningsPerShareExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GrossCarryingAmountMember_7d7cecfa-193b-47ad-9cff-986551243aa9_terseLabel_en-US" xlink:label="lab_ifrs-full_GrossCarryingAmountMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gross carrying amount</link:label>
    <link:label id="lab_ifrs-full_GrossCarryingAmountMember_5a375e34-2d90-4ced-8b74-4e35127307d6_verboseLabel_en-US" xlink:label="lab_ifrs-full_GrossCarryingAmountMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Cost</link:label>
    <link:label id="lab_ifrs-full_GrossCarryingAmountMember_label_en-US" xlink:label="lab_ifrs-full_GrossCarryingAmountMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gross carrying amount [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GrossCarryingAmountMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GrossCarryingAmountMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GrossCarryingAmountMember" xlink:to="lab_ifrs-full_GrossCarryingAmountMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_NewRecognizedInsuranceContracts_2ce51a6a-442b-4f85-97e1-52c1232a3059_terseLabel_en-US" xlink:label="lab_itub_NewRecognizedInsuranceContracts" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">New recognized insurance contracts</link:label>
    <link:label id="lab_itub_NewRecognizedInsuranceContracts_label_en-US" xlink:label="lab_itub_NewRecognizedInsuranceContracts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">New Recognized Insurance Contracts</link:label>
    <link:label id="lab_itub_NewRecognizedInsuranceContracts_documentation_en-US" xlink:label="lab_itub_NewRecognizedInsuranceContracts" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">New Recognized Insurance Contracts</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_NewRecognizedInsuranceContracts" xlink:href="itub-20251231.xsd#itub_NewRecognizedInsuranceContracts"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_NewRecognizedInsuranceContracts" xlink:to="lab_itub_NewRecognizedInsuranceContracts" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfInformationAboutCreditExposuresDesignatedAsMeasuredAtFairValueThroughProfitOrLossLineItems_ad081f91-22e4-49a3-baef-2224f938b1b5_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfInformationAboutCreditExposuresDesignatedAsMeasuredAtFairValueThroughProfitOrLossLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of information about credit exposures designated as measured at fair value through profit or loss [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfInformationAboutCreditExposuresDesignatedAsMeasuredAtFairValueThroughProfitOrLossLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfInformationAboutCreditExposuresDesignatedAsMeasuredAtFairValueThroughProfitOrLossLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of information about credit exposures designated as measured at fair value through profit or loss [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfInformationAboutCreditExposuresDesignatedAsMeasuredAtFairValueThroughProfitOrLossLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfInformationAboutCreditExposuresDesignatedAsMeasuredAtFairValueThroughProfitOrLossLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInformationAboutCreditExposuresDesignatedAsMeasuredAtFairValueThroughProfitOrLossLineItems" xlink:to="lab_ifrs-full_DisclosureOfInformationAboutCreditExposuresDesignatedAsMeasuredAtFairValueThroughProfitOrLossLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInOtherLiabilities_497cc108-5cc3-4029-9ca9-11e737e2ccf5_verboseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInOtherLiabilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other liabilities</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInOtherLiabilities_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInOtherLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for increase (decrease) in other liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForIncreaseDecreaseInOtherLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInOtherLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForIncreaseDecreaseInOtherLiabilities" xlink:to="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInOtherLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForFinanceCosts_5707eb90-7930-4302-a185-c8ba27cea954_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForFinanceCosts" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Provisions for civil lawsuits, labor and tax claims and social security lawsuits and other risks</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForFinanceCosts_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForFinanceCosts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for finance costs</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForFinanceCosts" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForFinanceCosts"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForFinanceCosts" xlink:to="lab_ifrs-full_AdjustmentsForFinanceCosts" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialMember_632d34da-b3b3-45d3-89f7-0f8348500e25_terseLabel_en-US" xlink:label="lab_itub_FinancialMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial</link:label>
    <link:label id="lab_itub_FinancialMember_label_en-US" xlink:label="lab_itub_FinancialMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial [Member]</link:label>
    <link:label id="lab_itub_FinancialMember_documentation_en-US" xlink:label="lab_itub_FinancialMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialMember" xlink:href="itub-20251231.xsd#itub_FinancialMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialMember" xlink:to="lab_itub_FinancialMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DecreaseIncreaseInNetDefinedBenefitLiabilityAssetResultingFromGainLossInChangesInDemographicAssumptions_019c8ab8-fcbd-7647-9fec-930615ad3170_terseLabel_en-US" xlink:label="lab_itub_DecreaseIncreaseInNetDefinedBenefitLiabilityAssetResultingFromGainLossInChangesInDemographicAssumptions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Changes in demographic assumptions</link:label>
    <link:label id="lab_itub_DecreaseIncreaseInNetDefinedBenefitLiabilityAssetResultingFromGainLossInChangesInDemographicAssumptions_label_en-US" xlink:label="lab_itub_DecreaseIncreaseInNetDefinedBenefitLiabilityAssetResultingFromGainLossInChangesInDemographicAssumptions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Decrease (increase) in net defined benefit liability (asset) resulting from gain (loss) in changes in demographic assumptions</link:label>
    <link:label id="lab_itub_DecreaseIncreaseInNetDefinedBenefitLiabilityAssetResultingFromGainLossInChangesInDemographicAssumptions_documentation_en-US" xlink:label="lab_itub_DecreaseIncreaseInNetDefinedBenefitLiabilityAssetResultingFromGainLossInChangesInDemographicAssumptions" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Decrease (increase) in net defined benefit liability (asset) resulting from gain (loss) in changes in demographic assumptions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DecreaseIncreaseInNetDefinedBenefitLiabilityAssetResultingFromGainLossInChangesInDemographicAssumptions" xlink:href="itub-20251231.xsd#itub_DecreaseIncreaseInNetDefinedBenefitLiabilityAssetResultingFromGainLossInChangesInDemographicAssumptions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DecreaseIncreaseInNetDefinedBenefitLiabilityAssetResultingFromGainLossInChangesInDemographicAssumptions" xlink:to="lab_itub_DecreaseIncreaseInNetDefinedBenefitLiabilityAssetResultingFromGainLossInChangesInDemographicAssumptions" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NotLaterThanOneYearMember_019cb3a9-2420-7075-9e4f-ec2feb337387_netLabel_en-US" xlink:label="lab_ifrs-full_NotLaterThanOneYearMember" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Up to one year</link:label>
    <link:label id="lab_ifrs-full_NotLaterThanOneYearMember_30193e29-bbf6-447e-8edc-bd0a47f8327e_terseLabel_en-US" xlink:label="lab_ifrs-full_NotLaterThanOneYearMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Up to 1 year</link:label>
    <link:label id="lab_ifrs-full_NotLaterThanOneYearMember_af8d4eab-d919-4de2-838f-fc8014526c36_verboseLabel_en-US" xlink:label="lab_ifrs-full_NotLaterThanOneYearMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">2026</link:label>
    <link:label id="lab_ifrs-full_NotLaterThanOneYearMember_label_en-US" xlink:label="lab_ifrs-full_NotLaterThanOneYearMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Not later than one year [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NotLaterThanOneYearMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NotLaterThanOneYearMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NotLaterThanOneYearMember" xlink:to="lab_ifrs-full_NotLaterThanOneYearMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DividendsPaidAndPrepaidWithholdingTax_019dd23f-1e93-72fc-a8d9-32e6f53ca8e0_negatedTerseLabel_en-US" xlink:label="lab_itub_DividendsPaidAndPrepaidWithholdingTax" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Paid / prepaid</link:label>
    <link:label id="lab_itub_DividendsPaidAndPrepaidWithholdingTax_label_en-US" xlink:label="lab_itub_DividendsPaidAndPrepaidWithholdingTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Paid / prepaid</link:label>
    <link:label id="lab_itub_DividendsPaidAndPrepaidWithholdingTax_documentation_en-US" xlink:label="lab_itub_DividendsPaidAndPrepaidWithholdingTax" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Paid / prepaid</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DividendsPaidAndPrepaidWithholdingTax" xlink:href="itub-20251231.xsd#itub_DividendsPaidAndPrepaidWithholdingTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DividendsPaidAndPrepaidWithholdingTax" xlink:to="lab_itub_DividendsPaidAndPrepaidWithholdingTax" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfAmountsIncurredByEntityForProvisionOfKeyManagementPersonnelServicesProvidedBySeparateManagementEntitiesExplanatory_6efa4767-7970-4cf6-b8cb-352886ce6b17_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfAmountsIncurredByEntityForProvisionOfKeyManagementPersonnelServicesProvidedBySeparateManagementEntitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Compensation and Benefits of Key Management Personnel</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfAmountsIncurredByEntityForProvisionOfKeyManagementPersonnelServicesProvidedBySeparateManagementEntitiesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfAmountsIncurredByEntityForProvisionOfKeyManagementPersonnelServicesProvidedBySeparateManagementEntitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of amounts incurred by entity for provision of key management personnel services provided by separate management entities [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfAmountsIncurredByEntityForProvisionOfKeyManagementPersonnelServicesProvidedBySeparateManagementEntitiesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfAmountsIncurredByEntityForProvisionOfKeyManagementPersonnelServicesProvidedBySeparateManagementEntitiesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfAmountsIncurredByEntityForProvisionOfKeyManagementPersonnelServicesProvidedBySeparateManagementEntitiesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfAmountsIncurredByEntityForProvisionOfKeyManagementPersonnelServicesProvidedBySeparateManagementEntitiesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RetainedEarningsToBeDistributedToCommonShares_a3e65399-3359-4bd3-b1f8-d468a8a4094f_terseLabel_en-US" xlink:label="lab_itub_RetainedEarningsToBeDistributedToCommonShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retained earnings to be distributed to common equity owners in an amount per share equal to the minimum dividend payable to preferred equity owners</link:label>
    <link:label id="lab_itub_RetainedEarningsToBeDistributedToCommonShares_label_en-US" xlink:label="lab_itub_RetainedEarningsToBeDistributedToCommonShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retained earnings To Be Distributed To Common Shares</link:label>
    <link:label id="lab_itub_RetainedEarningsToBeDistributedToCommonShares_documentation_en-US" xlink:label="lab_itub_RetainedEarningsToBeDistributedToCommonShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Retained earnings To Be Distributed To Common Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RetainedEarningsToBeDistributedToCommonShares" xlink:href="itub-20251231.xsd#itub_RetainedEarningsToBeDistributedToCommonShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RetainedEarningsToBeDistributedToCommonShares" xlink:to="lab_itub_RetainedEarningsToBeDistributedToCommonShares" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FeeAndCommissionIncome_abc963a1-a603-4707-a63d-28d9e062af05_verboseLabel_en-US" xlink:label="lab_ifrs-full_FeeAndCommissionIncome" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Commissions and Banking Fees</link:label>
    <link:label id="lab_ifrs-full_FeeAndCommissionIncome_label_en-US" xlink:label="lab_ifrs-full_FeeAndCommissionIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fee and commission income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FeeAndCommissionIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FeeAndCommissionIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FeeAndCommissionIncome" xlink:to="lab_ifrs-full_FeeAndCommissionIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LCRMember_a7f0537b-21e7-4d73-8e7d-e052377e419e_terseLabel_en-US" xlink:label="lab_itub_LCRMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">L C R</link:label>
    <link:label id="lab_itub_LCRMember_label_en-US" xlink:label="lab_itub_LCRMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">L C R [Member]</link:label>
    <link:label id="lab_itub_LCRMember_documentation_en-US" xlink:label="lab_itub_LCRMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">L C R [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LCRMember" xlink:href="itub-20251231.xsd#itub_LCRMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LCRMember" xlink:to="lab_itub_LCRMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember_50d23e61-f540-44f3-b617-250f7ce92b19_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial liabilities at fair value through profit or loss</link:label>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember_label_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial liabilities at fair value through profit or loss, category [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" xlink:to="lab_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TotalAssetsMember_c4f24a90-8b29-41c7-9a2b-895f33611287_terseLabel_en-US" xlink:label="lab_itub_TotalAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total assets</link:label>
    <link:label id="lab_itub_TotalAssetsMember_label_en-US" xlink:label="lab_itub_TotalAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Assets [Member]</link:label>
    <link:label id="lab_itub_TotalAssetsMember_documentation_en-US" xlink:label="lab_itub_TotalAssetsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total Assets [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TotalAssetsMember" xlink:href="itub-20251231.xsd#itub_TotalAssetsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TotalAssetsMember" xlink:to="lab_itub_TotalAssetsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AdjustmentsForIncreaseDecreaseInDepositsReceivedUnderSecuritiesRepurchaseAgreements_4bcb978a-3cc8-4a9f-bcc8-223596aa9b73_terseLabel_en-US" xlink:label="lab_itub_AdjustmentsForIncreaseDecreaseInDepositsReceivedUnderSecuritiesRepurchaseAgreements" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Securities sold under repurchase agreements</link:label>
    <link:label id="lab_itub_AdjustmentsForIncreaseDecreaseInDepositsReceivedUnderSecuritiesRepurchaseAgreements_label_en-US" xlink:label="lab_itub_AdjustmentsForIncreaseDecreaseInDepositsReceivedUnderSecuritiesRepurchaseAgreements" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deposits received under securities repurchase agreements</link:label>
    <link:label id="lab_itub_AdjustmentsForIncreaseDecreaseInDepositsReceivedUnderSecuritiesRepurchaseAgreements_documentation_en-US" xlink:label="lab_itub_AdjustmentsForIncreaseDecreaseInDepositsReceivedUnderSecuritiesRepurchaseAgreements" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deposits received under securities repurchase agreements</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AdjustmentsForIncreaseDecreaseInDepositsReceivedUnderSecuritiesRepurchaseAgreements" xlink:href="itub-20251231.xsd#itub_AdjustmentsForIncreaseDecreaseInDepositsReceivedUnderSecuritiesRepurchaseAgreements"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AdjustmentsForIncreaseDecreaseInDepositsReceivedUnderSecuritiesRepurchaseAgreements" xlink:to="lab_itub_AdjustmentsForIncreaseDecreaseInDepositsReceivedUnderSecuritiesRepurchaseAgreements" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition_019dbc58-2c33-7280-97fe-2d5f8c9af326_totalLabel_en-US" xlink:label="lab_ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net financial assets subject to offsetting, enforceable master netting arrangements or similar agreements in statement of financial position</link:label>
    <link:label id="lab_ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition_label_en-US" xlink:label="lab_ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net financial assets subject to offsetting, enforceable master netting arrangements or similar agreements in statement of financial position</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xlink:to="lab_ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialAssetsLineItems_b2da3975-0405-4278-bd3b-e3f7d7e31fb0_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of financial assets [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialAssetsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of financial assets [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialAssetsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialAssetsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialAssetsLineItems" xlink:to="lab_ifrs-full_DisclosureOfFinancialAssetsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember_10879453-a513-402d-89a5-f1045e7e01f7_terseLabel_en-US" xlink:label="lab_ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Provision for taxes other than income tax</link:label>
    <link:label id="lab_ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember_label_en-US" xlink:label="lab_ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Provision for taxes other than income tax [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember" xlink:to="lab_ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory_3cc49188-2775-4a65-a250-c27da985259a_verboseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Fixed assets</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for property, plant and equipment [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_MarketRiskMember_a1d21294-d7ca-4fd2-9f0f-0146950cb894_terseLabel_en-US" xlink:label="lab_ifrs-full_MarketRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Market Risk</link:label>
    <link:label id="lab_ifrs-full_MarketRiskMember_label_en-US" xlink:label="lab_ifrs-full_MarketRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Market risk [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MarketRiskMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MarketRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MarketRiskMember" xlink:to="lab_ifrs-full_MarketRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_Surety_d61f1f34-b359-4aa3-9b1e-c44d5852238d_terseLabel_en-US" xlink:label="lab_itub_Surety" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Surety</link:label>
    <link:label id="lab_itub_Surety_label_en-US" xlink:label="lab_itub_Surety" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Surety</link:label>
    <link:label id="lab_itub_Surety_documentation_en-US" xlink:label="lab_itub_Surety" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Surety</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_Surety" xlink:href="itub-20251231.xsd#itub_Surety"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_Surety" xlink:to="lab_itub_Surety" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfBusinessCombinationsExplanatory_28c26271-d73f-4861-b86d-f67e02a270a7_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfBusinessCombinationsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business development</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfBusinessCombinationsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfBusinessCombinationsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of business combinations [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfBusinessCombinationsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfBusinessCombinationsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfBusinessCombinationsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfBusinessCombinationsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_EntitySectorIndustryClassificationsSectorsAxis_cd9d6886-2ccb-4664-99d6-04d713cb2633_terseLabel_en-US" xlink:label="lab_itub_EntitySectorIndustryClassificationsSectorsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Sector Industry Classifications Sectors [Axis]</link:label>
    <link:label id="lab_itub_EntitySectorIndustryClassificationsSectorsAxis_label_en-US" xlink:label="lab_itub_EntitySectorIndustryClassificationsSectorsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Sector Industry Classifications Sectors [Axis]</link:label>
    <link:label id="lab_itub_EntitySectorIndustryClassificationsSectorsAxis_documentation_en-US" xlink:label="lab_itub_EntitySectorIndustryClassificationsSectorsAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Entity Sector Industry Classifications Sectors [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_EntitySectorIndustryClassificationsSectorsAxis" xlink:href="itub-20251231.xsd#itub_EntitySectorIndustryClassificationsSectorsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_EntitySectorIndustryClassificationsSectorsAxis" xlink:to="lab_itub_EntitySectorIndustryClassificationsSectorsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable_07e76eae-9a4d-4079-bd95-16f8445830da_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of risk management strategy related to hedge accounting [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of risk management strategy related to hedge accounting [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable" xlink:to="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustedWeightedAverageShares_f48dc8bd-d11c-483c-8348-b35137718456_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustedWeightedAverageShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted average number of outstanding shares - diluted (in shares)</link:label>
    <link:label id="lab_ifrs-full_AdjustedWeightedAverageShares_4f258546-f17e-450a-b05e-1281fabdf436_verboseLabel_en-US" xlink:label="lab_ifrs-full_AdjustedWeightedAverageShares" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Adjusted weighted average of shares, Common (in shares)</link:label>
    <link:label id="lab_ifrs-full_AdjustedWeightedAverageShares_label_en-US" xlink:label="lab_ifrs-full_AdjustedWeightedAverageShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted average number of ordinary shares used in calculating diluted earnings per share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustedWeightedAverageShares" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustedWeightedAverageShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustedWeightedAverageShares" xlink:to="lab_ifrs-full_AdjustedWeightedAverageShares" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_5d30988a-0c6f-453f-b136-1133e21d9cf4_terseLabel_en-US" xlink:label="lab_ifrs-full_GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gross financial liabilities subject to offsetting, enforceable master netting arrangements or similar agreements</link:label>
    <link:label id="lab_ifrs-full_GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_label_en-US" xlink:label="lab_ifrs-full_GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gross financial liabilities subject to offsetting, enforceable master netting arrangements or similar agreements</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:to="lab_ifrs-full_GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PublicSectorMember_f18e4205-313f-4016-b229-ce498cb0a1db_terseLabel_en-US" xlink:label="lab_itub_PublicSectorMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Public sector</link:label>
    <link:label id="lab_itub_PublicSectorMember_label_en-US" xlink:label="lab_itub_PublicSectorMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Public Sector [Member]</link:label>
    <link:label id="lab_itub_PublicSectorMember_documentation_en-US" xlink:label="lab_itub_PublicSectorMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Public Sector [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PublicSectorMember" xlink:href="itub-20251231.xsd#itub_PublicSectorMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PublicSectorMember" xlink:to="lab_itub_PublicSectorMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IncomeFromFinancialAssetsRelatedToInsuranceContractsAndPrivatePension_e3bc20ba-2ff5-4629-84bf-9ed1e5b33103_terseLabel_en-US" xlink:label="lab_itub_IncomeFromFinancialAssetsRelatedToInsuranceContractsAndPrivatePension" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income from Financial Assets related to Insurance Contracts and Private Pension</link:label>
    <link:label id="lab_itub_IncomeFromFinancialAssetsRelatedToInsuranceContractsAndPrivatePension_label_en-US" xlink:label="lab_itub_IncomeFromFinancialAssetsRelatedToInsuranceContractsAndPrivatePension" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income from Financial Assets related to Insurance Contracts and Private Pension</link:label>
    <link:label id="lab_itub_IncomeFromFinancialAssetsRelatedToInsuranceContractsAndPrivatePension_documentation_en-US" xlink:label="lab_itub_IncomeFromFinancialAssetsRelatedToInsuranceContractsAndPrivatePension" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Income from Financial Assets related to Insurance Contracts and Private Pension</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IncomeFromFinancialAssetsRelatedToInsuranceContractsAndPrivatePension" xlink:href="itub-20251231.xsd#itub_IncomeFromFinancialAssetsRelatedToInsuranceContractsAndPrivatePension"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IncomeFromFinancialAssetsRelatedToInsuranceContractsAndPrivatePension" xlink:to="lab_itub_IncomeFromFinancialAssetsRelatedToInsuranceContractsAndPrivatePension" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FeesForFinancialGuaranteesIssued_8f8ae230-5044-4834-81ad-88dff65e8a3c_negatedLabel_en-US" xlink:label="lab_itub_FeesForFinancialGuaranteesIssued" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Financial guarantees</link:label>
    <link:label id="lab_itub_FeesForFinancialGuaranteesIssued_label_en-US" xlink:label="lab_itub_FeesForFinancialGuaranteesIssued" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fees For Financial Guarantees Issued</link:label>
    <link:label id="lab_itub_FeesForFinancialGuaranteesIssued_documentation_en-US" xlink:label="lab_itub_FeesForFinancialGuaranteesIssued" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fees For Financial Guarantees Issued</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FeesForFinancialGuaranteesIssued" xlink:href="itub-20251231.xsd#itub_FeesForFinancialGuaranteesIssued"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FeesForFinancialGuaranteesIssued" xlink:to="lab_itub_FeesForFinancialGuaranteesIssued" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_WorksOfArtMember_019c90db-3304-7d77-af8d-0f3fbc7d9cce_terseLabel_en-US" xlink:label="lab_itub_WorksOfArtMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Works of art</link:label>
    <link:label id="lab_itub_WorksOfArtMember_label_en-US" xlink:label="lab_itub_WorksOfArtMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Works Of Art [Member]</link:label>
    <link:label id="lab_itub_WorksOfArtMember_documentation_en-US" xlink:label="lab_itub_WorksOfArtMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Works Of Art</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_WorksOfArtMember" xlink:href="itub-20251231.xsd#itub_WorksOfArtMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_WorksOfArtMember" xlink:to="lab_itub_WorksOfArtMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OptimisticScenarioMember_ca982735-e19c-4795-ad9e-21409f8dacd4_terseLabel_en-US" xlink:label="lab_itub_OptimisticScenarioMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Optimistic scenario</link:label>
    <link:label id="lab_itub_OptimisticScenarioMember_label_en-US" xlink:label="lab_itub_OptimisticScenarioMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Optimistic Scenario [Member]</link:label>
    <link:label id="lab_itub_OptimisticScenarioMember_documentation_en-US" xlink:label="lab_itub_OptimisticScenarioMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Optimistic Scenario [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OptimisticScenarioMember" xlink:href="itub-20251231.xsd#itub_OptimisticScenarioMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OptimisticScenarioMember" xlink:to="lab_itub_OptimisticScenarioMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RequiredStableFunding_75de3bf1-8522-4e77-80ab-ade284a910e8_terseLabel_en-US" xlink:label="lab_itub_RequiredStableFunding" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Required stable funding</link:label>
    <link:label id="lab_itub_RequiredStableFunding_label_en-US" xlink:label="lab_itub_RequiredStableFunding" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Required Stable Funding</link:label>
    <link:label id="lab_itub_RequiredStableFunding_documentation_en-US" xlink:label="lab_itub_RequiredStableFunding" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Required Stable Funding</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RequiredStableFunding" xlink:href="itub-20251231.xsd#itub_RequiredStableFunding"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RequiredStableFunding" xlink:to="lab_itub_RequiredStableFunding" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillDomain_171e9a18-1e2e-4846-8ee7-3e9dd33e4079_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of intangible assets other than goodwill [domain]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of intangible assets other than goodwill [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillDomain" xlink:to="lab_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LoanOperationsMember_c6cbb5ee-083a-489c-be4d-5eb014dccf14_terseLabel_en-US" xlink:label="lab_itub_LoanOperationsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loan operations</link:label>
    <link:label id="lab_itub_LoanOperationsMember_label_en-US" xlink:label="lab_itub_LoanOperationsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loan Operations [Member]</link:label>
    <link:label id="lab_itub_LoanOperationsMember_documentation_en-US" xlink:label="lab_itub_LoanOperationsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loan Operations [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LoanOperationsMember" xlink:href="itub-20251231.xsd#itub_LoanOperationsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LoanOperationsMember" xlink:to="lab_itub_LoanOperationsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IncomeFromInsuranceContractAndPrivatePension_781d6492-ae13-4263-8d97-8fad5c1bd410_terseLabel_en-US" xlink:label="lab_itub_IncomeFromInsuranceContractAndPrivatePension" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income from insurance contracts and private pension</link:label>
    <link:label id="lab_itub_IncomeFromInsuranceContractAndPrivatePension_label_en-US" xlink:label="lab_itub_IncomeFromInsuranceContractAndPrivatePension" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income From Insurance Contract And Private Pension</link:label>
    <link:label id="lab_itub_IncomeFromInsuranceContractAndPrivatePension_documentation_en-US" xlink:label="lab_itub_IncomeFromInsuranceContractAndPrivatePension" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Income From Insurance Contract And Private Pension</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IncomeFromInsuranceContractAndPrivatePension" xlink:href="itub-20251231.xsd#itub_IncomeFromInsuranceContractAndPrivatePension"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IncomeFromInsuranceContractAndPrivatePension" xlink:to="lab_itub_IncomeFromInsuranceContractAndPrivatePension" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PrivateEntitiesMember_d4698daa-ee92-49b1-b219-9958c129c283_terseLabel_en-US" xlink:label="lab_itub_PrivateEntitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Private entities</link:label>
    <link:label id="lab_itub_PrivateEntitiesMember_label_en-US" xlink:label="lab_itub_PrivateEntitiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Private Entities [Member]</link:label>
    <link:label id="lab_itub_PrivateEntitiesMember_documentation_en-US" xlink:label="lab_itub_PrivateEntitiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Private Entities [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PrivateEntitiesMember" xlink:href="itub-20251231.xsd#itub_PrivateEntitiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PrivateEntitiesMember" xlink:to="lab_itub_PrivateEntitiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SaleOrIssuanceOfTreasuryShares_019d793d-d89a-7759-9526-9a063ec0e3f3_negatedLabel_en-US" xlink:label="lab_itub_SaleOrIssuanceOfTreasuryShares" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Result of delivery of treasury shares (in shares)</link:label>
    <link:label id="lab_itub_SaleOrIssuanceOfTreasuryShares_label_en-US" xlink:label="lab_itub_SaleOrIssuanceOfTreasuryShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sale Or Issuance Of Treasury Shares</link:label>
    <link:label id="lab_itub_SaleOrIssuanceOfTreasuryShares_documentation_en-US" xlink:label="lab_itub_SaleOrIssuanceOfTreasuryShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Sale Or Issuance Of Treasury Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SaleOrIssuanceOfTreasuryShares" xlink:href="itub-20251231.xsd#itub_SaleOrIssuanceOfTreasuryShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SaleOrIssuanceOfTreasuryShares" xlink:to="lab_itub_SaleOrIssuanceOfTreasuryShares" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AdjustmentsForUpdateChargeExpenseProvisionForCivilLaborFiscalAndLegalObligations_03e47aaa-81c4-4578-a906-e7dee3bc57fa_terseLabel_en-US" xlink:label="lab_itub_AdjustmentsForUpdateChargeExpenseProvisionForCivilLaborFiscalAndLegalObligations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expense from update / charges on the provisions for civil lawsuits, labor and tax claims and social security lawsuits and other risks</link:label>
    <link:label id="lab_itub_AdjustmentsForUpdateChargeExpenseProvisionForCivilLaborFiscalAndLegalObligations_label_en-US" xlink:label="lab_itub_AdjustmentsForUpdateChargeExpenseProvisionForCivilLaborFiscalAndLegalObligations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expense from update / charges on the provision for civil, labor, tax and legal obligations</link:label>
    <link:label id="lab_itub_AdjustmentsForUpdateChargeExpenseProvisionForCivilLaborFiscalAndLegalObligations_documentation_en-US" xlink:label="lab_itub_AdjustmentsForUpdateChargeExpenseProvisionForCivilLaborFiscalAndLegalObligations" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Expense from update / charges on the provision for civil, labor, tax and legal obligations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AdjustmentsForUpdateChargeExpenseProvisionForCivilLaborFiscalAndLegalObligations" xlink:href="itub-20251231.xsd#itub_AdjustmentsForUpdateChargeExpenseProvisionForCivilLaborFiscalAndLegalObligations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AdjustmentsForUpdateChargeExpenseProvisionForCivilLaborFiscalAndLegalObligations" xlink:to="lab_itub_AdjustmentsForUpdateChargeExpenseProvisionForCivilLaborFiscalAndLegalObligations" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfJointVenturesLineItems_0106b857-966a-407d-aa58-d0c9413f4e7a_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfJointVenturesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of joint ventures [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfJointVenturesLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfJointVenturesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of joint ventures [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfJointVenturesLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfJointVenturesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfJointVenturesLineItems" xlink:to="lab_ifrs-full_DisclosureOfJointVenturesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis_9f828b0a-20f5-4b96-924b-a6ccb12194f8_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of intangible assets and goodwill [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of intangible assets and goodwill [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis" xlink:to="lab_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ForeignLoansLatinAmericaOneMember_26009386-0dd5-485e-900d-a282e0201008_terseLabel_en-US" xlink:label="lab_itub_ForeignLoansLatinAmericaOneMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign units Latin America</link:label>
    <link:label id="lab_itub_ForeignLoansLatinAmericaOneMember_label_en-US" xlink:label="lab_itub_ForeignLoansLatinAmericaOneMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Foreign Loans Latin America One [Member]</link:label>
    <link:label id="lab_itub_ForeignLoansLatinAmericaOneMember_documentation_en-US" xlink:label="lab_itub_ForeignLoansLatinAmericaOneMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Foreign Loans Latin America One [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ForeignLoansLatinAmericaOneMember" xlink:href="itub-20251231.xsd#itub_ForeignLoansLatinAmericaOneMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ForeignLoansLatinAmericaOneMember" xlink:to="lab_itub_ForeignLoansLatinAmericaOneMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RevenueFromInsurance_b4a787df-2474-4011-8796-f5a48f916cb4_terseLabel_en-US" xlink:label="lab_itub_RevenueFromInsurance" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue from insurance</link:label>
    <link:label id="lab_itub_RevenueFromInsurance_label_en-US" xlink:label="lab_itub_RevenueFromInsurance" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue From Insurance</link:label>
    <link:label id="lab_itub_RevenueFromInsurance_documentation_en-US" xlink:label="lab_itub_RevenueFromInsurance" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Revenue From Insurance</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RevenueFromInsurance" xlink:href="itub-20251231.xsd#itub_RevenueFromInsurance"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RevenueFromInsurance" xlink:to="lab_itub_RevenueFromInsurance" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ReservesWithinEquityDomain_fb15b16a-9547-46d4-bf73-081316b95b07_terseLabel_en-US" xlink:label="lab_ifrs-full_ReservesWithinEquityDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reserves within equity [domain]</link:label>
    <link:label id="lab_ifrs-full_ReservesWithinEquityDomain_label_en-US" xlink:label="lab_ifrs-full_ReservesWithinEquityDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reserves within equity [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReservesWithinEquityDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ReservesWithinEquityDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReservesWithinEquityDomain" xlink:to="lab_ifrs-full_ReservesWithinEquityDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfReconciliationOfExpectedLossForFinancialAssetsAtFairValueThroughOtherComprehensiveInstrumentSecuritiesSegregatedByStagesTableTextBlock_1ecf1781-7020-42b4-b0f0-549d7d1941ac_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfReconciliationOfExpectedLossForFinancialAssetsAtFairValueThroughOtherComprehensiveInstrumentSecuritiesSegregatedByStagesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Reconciliation of Expected Loss for Financial Assets at Fair Value Through Other Comprehensive Instrument- Securities, Segregated by Stages</link:label>
    <link:label id="lab_itub_ScheduleOfReconciliationOfExpectedLossForFinancialAssetsAtFairValueThroughOtherComprehensiveInstrumentSecuritiesSegregatedByStagesTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfReconciliationOfExpectedLossForFinancialAssetsAtFairValueThroughOtherComprehensiveInstrumentSecuritiesSegregatedByStagesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of reconciliation of expected loss for financial assets at fair value through other comprehensive instrument- securities, segregated by stages [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfReconciliationOfExpectedLossForFinancialAssetsAtFairValueThroughOtherComprehensiveInstrumentSecuritiesSegregatedByStagesTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfReconciliationOfExpectedLossForFinancialAssetsAtFairValueThroughOtherComprehensiveInstrumentSecuritiesSegregatedByStagesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of reconciliation of expected loss for financial assets at fair value through other comprehensive instrument- securities, segregated by stages</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfReconciliationOfExpectedLossForFinancialAssetsAtFairValueThroughOtherComprehensiveInstrumentSecuritiesSegregatedByStagesTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfReconciliationOfExpectedLossForFinancialAssetsAtFairValueThroughOtherComprehensiveInstrumentSecuritiesSegregatedByStagesTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfReconciliationOfExpectedLossForFinancialAssetsAtFairValueThroughOtherComprehensiveInstrumentSecuritiesSegregatedByStagesTableTextBlock" xlink:to="lab_itub_ScheduleOfReconciliationOfExpectedLossForFinancialAssetsAtFairValueThroughOtherComprehensiveInstrumentSecuritiesSegregatedByStagesTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProfitLossAttributableToNoncontrollingInterests_1ad318fc-e804-4f1a-af7b-a2e413da2561_terseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net income / (loss) attributable to non-controlling interests</link:label>
    <link:label id="lab_ifrs-full_ProfitLossAttributableToNoncontrollingInterests_b8dbdbe6-41b8-4424-8a67-51082b9a261a_verboseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Income</link:label>
    <link:label id="lab_ifrs-full_ProfitLossAttributableToNoncontrollingInterests_c8004ec8-e357-4c5f-9ea2-b3d113eebe81_negatedLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Non-controlling interests</link:label>
    <link:label id="lab_ifrs-full_ProfitLossAttributableToNoncontrollingInterests_label_en-US" xlink:label="lab_ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit (loss), attributable to non-controlling interests</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLossAttributableToNoncontrollingInterests"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:to="lab_ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressesLineItems_8b2c108e-4831-45ab-b084-f0ffcde204bc_terseLabel_en-US" xlink:label="lab_dei_EntityAddressesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Addresses [Line Items]</link:label>
    <link:label id="lab_dei_EntityAddressesLineItems_label_en-US" xlink:label="lab_dei_EntityAddressesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Addresses [Line Items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressesLineItems" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressesLineItems" xlink:to="lab_dei_EntityAddressesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RelatedToIncomeTaxAndSocialContributionTaxCarryforwardsMember_facfa064-e8eb-4754-a691-8ca37fab5822_terseLabel_en-US" xlink:label="lab_itub_RelatedToIncomeTaxAndSocialContributionTaxCarryforwardsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Related to tax losses and social contribution loss carryforwards</link:label>
    <link:label id="lab_itub_RelatedToIncomeTaxAndSocialContributionTaxCarryforwardsMember_label_en-US" xlink:label="lab_itub_RelatedToIncomeTaxAndSocialContributionTaxCarryforwardsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related To Income Tax And Social Contribution Tax Carryforwards [Member]</link:label>
    <link:label id="lab_itub_RelatedToIncomeTaxAndSocialContributionTaxCarryforwardsMember_documentation_en-US" xlink:label="lab_itub_RelatedToIncomeTaxAndSocialContributionTaxCarryforwardsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Related To Income Tax And Social Contribution Tax Carryforwards [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RelatedToIncomeTaxAndSocialContributionTaxCarryforwardsMember" xlink:href="itub-20251231.xsd#itub_RelatedToIncomeTaxAndSocialContributionTaxCarryforwardsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RelatedToIncomeTaxAndSocialContributionTaxCarryforwardsMember" xlink:to="lab_itub_RelatedToIncomeTaxAndSocialContributionTaxCarryforwardsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LaborProvisionMember_d4c1d533-fe0a-44f5-91ce-cb4d2e7bf61a_terseLabel_en-US" xlink:label="lab_itub_LaborProvisionMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Labor</link:label>
    <link:label id="lab_itub_LaborProvisionMember_label_en-US" xlink:label="lab_itub_LaborProvisionMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Labor Provision [Member]</link:label>
    <link:label id="lab_itub_LaborProvisionMember_documentation_en-US" xlink:label="lab_itub_LaborProvisionMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Labor Provision [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LaborProvisionMember" xlink:href="itub-20251231.xsd#itub_LaborProvisionMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LaborProvisionMember" xlink:to="lab_itub_LaborProvisionMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherFinancialAssetsMember_0d0706d3-ce94-4213-bc18-928c3394091f_terseLabel_en-US" xlink:label="lab_itub_OtherFinancialAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other financial assets</link:label>
    <link:label id="lab_itub_OtherFinancialAssetsMember_label_en-US" xlink:label="lab_itub_OtherFinancialAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Financial Assets [Member]</link:label>
    <link:label id="lab_itub_OtherFinancialAssetsMember_documentation_en-US" xlink:label="lab_itub_OtherFinancialAssetsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Financial Assets [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherFinancialAssetsMember" xlink:href="itub-20251231.xsd#itub_OtherFinancialAssetsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherFinancialAssetsMember" xlink:to="lab_itub_OtherFinancialAssetsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PayrollLoansMember_be958e91-cc7b-4905-a483-2da87667a9a5_terseLabel_en-US" xlink:label="lab_itub_PayrollLoansMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Payroll loans</link:label>
    <link:label id="lab_itub_PayrollLoansMember_label_en-US" xlink:label="lab_itub_PayrollLoansMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payroll Loans [Member]</link:label>
    <link:label id="lab_itub_PayrollLoansMember_documentation_en-US" xlink:label="lab_itub_PayrollLoansMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Payroll Loans [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PayrollLoansMember" xlink:href="itub-20251231.xsd#itub_PayrollLoansMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PayrollLoansMember" xlink:to="lab_itub_PayrollLoansMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesLineItems_28f95cd9-6bde-4c27-96ba-932d2f07d9fb_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of fair value measurement of liabilities [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of fair value measurement of liabilities [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesLineItems" xlink:to="lab_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CapitalizationByReserves_019cb37d-91ae-715a-80f4-2e748ad73acf_negatedLabel_en-US" xlink:label="lab_itub_CapitalizationByReserves" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Capitalization by reserves</link:label>
    <link:label id="lab_itub_CapitalizationByReserves_label_en-US" xlink:label="lab_itub_CapitalizationByReserves" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capitalization by reserves</link:label>
    <link:label id="lab_itub_CapitalizationByReserves_documentation_en-US" xlink:label="lab_itub_CapitalizationByReserves" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Capitalization by reserves</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CapitalizationByReserves" xlink:href="itub-20251231.xsd#itub_CapitalizationByReserves"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CapitalizationByReserves" xlink:to="lab_itub_CapitalizationByReserves" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AdjustmentsMember_c0bb5e96-13f0-4fdc-a882-1d836036b19d_terseLabel_en-US" xlink:label="lab_itub_AdjustmentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjustments</link:label>
    <link:label id="lab_itub_AdjustmentsMember_label_en-US" xlink:label="lab_itub_AdjustmentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments [Member]</link:label>
    <link:label id="lab_itub_AdjustmentsMember_documentation_en-US" xlink:label="lab_itub_AdjustmentsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Adjustments [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AdjustmentsMember" xlink:href="itub-20251231.xsd#itub_AdjustmentsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AdjustmentsMember" xlink:to="lab_itub_AdjustmentsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember_67b40286-a8e9-4f6c-a346-232f16e366b1_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial assets at fair value through other comprehensive income</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember_label_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets at fair value through other comprehensive income, category [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember" xlink:to="lab_ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CiaItaudeCapitalizacaoMember_0aa302fd-6ae9-47bb-a955-ef5f94fea26d_terseLabel_en-US" xlink:label="lab_itub_CiaItaudeCapitalizacaoMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cia. Ita&#250; de Capitaliza&#231;&#227;o</link:label>
    <link:label id="lab_itub_CiaItaudeCapitalizacaoMember_label_en-US" xlink:label="lab_itub_CiaItaudeCapitalizacaoMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cia. Itau de Capitalizacao [Member]</link:label>
    <link:label id="lab_itub_CiaItaudeCapitalizacaoMember_documentation_en-US" xlink:label="lab_itub_CiaItaudeCapitalizacaoMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cia. Ita ude Capitalizacao.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CiaItaudeCapitalizacaoMember" xlink:href="itub-20251231.xsd#itub_CiaItaudeCapitalizacaoMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CiaItaudeCapitalizacaoMember" xlink:to="lab_itub_CiaItaudeCapitalizacaoMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialIncomeFromInsuranceContractsAndPrivatePensionNetOfReinsurance_d5ae50f9-704b-40c4-9690-91f5cefbd4f9_terseLabel_en-US" xlink:label="lab_itub_FinancialIncomeFromInsuranceContractsAndPrivatePensionNetOfReinsurance" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial Income from Insurance Contracts and Private Pension, net of Reinsurance</link:label>
    <link:label id="lab_itub_FinancialIncomeFromInsuranceContractsAndPrivatePensionNetOfReinsurance_label_en-US" xlink:label="lab_itub_FinancialIncomeFromInsuranceContractsAndPrivatePensionNetOfReinsurance" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Income from Insurance Contracts and Private Pension, net of Reinsurance</link:label>
    <link:label id="lab_itub_FinancialIncomeFromInsuranceContractsAndPrivatePensionNetOfReinsurance_documentation_en-US" xlink:label="lab_itub_FinancialIncomeFromInsuranceContractsAndPrivatePensionNetOfReinsurance" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial Income from Insurance Contracts and Private Pension, net of Reinsurance</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialIncomeFromInsuranceContractsAndPrivatePensionNetOfReinsurance" xlink:href="itub-20251231.xsd#itub_FinancialIncomeFromInsuranceContractsAndPrivatePensionNetOfReinsurance"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialIncomeFromInsuranceContractsAndPrivatePensionNetOfReinsurance" xlink:to="lab_itub_FinancialIncomeFromInsuranceContractsAndPrivatePensionNetOfReinsurance" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IndividualsOneMember_deaf18bf-8ab9-441c-a847-ba5e96938c71_terseLabel_en-US" xlink:label="lab_itub_IndividualsOneMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Individuals</link:label>
    <link:label id="lab_itub_IndividualsOneMember_label_en-US" xlink:label="lab_itub_IndividualsOneMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Individuals One [Member]</link:label>
    <link:label id="lab_itub_IndividualsOneMember_documentation_en-US" xlink:label="lab_itub_IndividualsOneMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Individuals One [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IndividualsOneMember" xlink:href="itub-20251231.xsd#itub_IndividualsOneMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IndividualsOneMember" xlink:to="lab_itub_IndividualsOneMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RestrictedOperationsOnAssetsMember_019dac28-b2fc-7cbe-8b50-ca432a2a1b87_terseLabel_en-US" xlink:label="lab_itub_RestrictedOperationsOnAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted operations on assets</link:label>
    <link:label id="lab_itub_RestrictedOperationsOnAssetsMember_label_en-US" xlink:label="lab_itub_RestrictedOperationsOnAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restricted Operations On Assets [Member]</link:label>
    <link:label id="lab_itub_RestrictedOperationsOnAssetsMember_documentation_en-US" xlink:label="lab_itub_RestrictedOperationsOnAssetsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Restricted Operations On Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RestrictedOperationsOnAssetsMember" xlink:href="itub-20251231.xsd#itub_RestrictedOperationsOnAssetsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RestrictedOperationsOnAssetsMember" xlink:to="lab_itub_RestrictedOperationsOnAssetsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfConsolidatedCompaniesTableTextBlock_44b53d90-ae65-4e54-8ca6-bba5ce24dda1_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfConsolidatedCompaniesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Consolidated Companies</link:label>
    <link:label id="lab_itub_ScheduleOfConsolidatedCompaniesTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfConsolidatedCompaniesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of consolidated companies [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfConsolidatedCompaniesTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfConsolidatedCompaniesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of consolidated companies</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfConsolidatedCompaniesTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfConsolidatedCompaniesTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfConsolidatedCompaniesTableTextBlock" xlink:to="lab_itub_ScheduleOfConsolidatedCompaniesTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_MaximumPotentialAmountOfFuturePayments_e6372a85-3e98-4073-aa95-6a2d032c8ebc_terseLabel_en-US" xlink:label="lab_itub_MaximumPotentialAmountOfFuturePayments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum potential of future payments, gross</link:label>
    <link:label id="lab_itub_MaximumPotentialAmountOfFuturePayments_label_en-US" xlink:label="lab_itub_MaximumPotentialAmountOfFuturePayments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maximum potential amount of future payments</link:label>
    <link:label id="lab_itub_MaximumPotentialAmountOfFuturePayments_documentation_en-US" xlink:label="lab_itub_MaximumPotentialAmountOfFuturePayments" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Maximum potential amount of future payments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_MaximumPotentialAmountOfFuturePayments" xlink:href="itub-20251231.xsd#itub_MaximumPotentialAmountOfFuturePayments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_MaximumPotentialAmountOfFuturePayments" xlink:to="lab_itub_MaximumPotentialAmountOfFuturePayments" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsTable_34d0a5af-25ff-4b07-8ee0-82e4172500a4_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of temporary difference, unused tax losses and unused tax credits [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of temporary difference, unused tax losses and unused tax credits [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsTable" xlink:to="lab_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_GainLossOnHedgeIneffectivenessRecognisedInIncome_1f7051a3-7f1d-4f19-b9fe-4df17628fbd9_terseLabel_en-US" xlink:label="lab_itub_GainLossOnHedgeIneffectivenessRecognisedInIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variation in fair value used to calculate hedge ineffectiveness</link:label>
    <link:label id="lab_itub_GainLossOnHedgeIneffectivenessRecognisedInIncome_label_en-US" xlink:label="lab_itub_GainLossOnHedgeIneffectivenessRecognisedInIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variation in fair value used to calculate hedge ineffectiveness</link:label>
    <link:label id="lab_itub_GainLossOnHedgeIneffectivenessRecognisedInIncome_documentation_en-US" xlink:label="lab_itub_GainLossOnHedgeIneffectivenessRecognisedInIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Variation in fair value used to calculate hedge ineffectiveness</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_GainLossOnHedgeIneffectivenessRecognisedInIncome" xlink:href="itub-20251231.xsd#itub_GainLossOnHedgeIneffectivenessRecognisedInIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_GainLossOnHedgeIneffectivenessRecognisedInIncome" xlink:to="lab_itub_GainLossOnHedgeIneffectivenessRecognisedInIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ParentMember_d2c80be0-54b3-4306-bf58-e6063b048403_terseLabel_en-US" xlink:label="lab_ifrs-full_ParentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Parent companies</link:label>
    <link:label id="lab_ifrs-full_ParentMember_label_en-US" xlink:label="lab_ifrs-full_ParentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Parent [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ParentMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ParentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ParentMember" xlink:to="lab_ifrs-full_ParentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness_3fd53577-ce0f-46cf-94fc-2eaf201775a6_verboseLabel_en-US" xlink:label="lab_ifrs-full_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Variation in fair value used to calculate hedge ineffectiveness</link:label>
    <link:label id="lab_ifrs-full_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness_ab49dbb1-2041-4f36-b837-cd421317f734_terseLabel_en-US" xlink:label="lab_ifrs-full_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variations in fair value used to calculate hedge ineffectiveness</link:label>
    <link:label id="lab_ifrs-full_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness_label_en-US" xlink:label="lab_ifrs-full_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (loss) on change in fair value of hedging instrument used as basis for recognising hedge ineffectiveness</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness" xlink:to="lab_ifrs-full_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_AuditorFirmId_c79c580e-cadc-4f9a-8bbd-9bf0d9d4967d_terseLabel_en-US" xlink:label="lab_dei_AuditorFirmId" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Auditor Firm ID</link:label>
    <link:label id="lab_dei_AuditorFirmId_label_en-US" xlink:label="lab_dei_AuditorFirmId" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Auditor Firm ID</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AuditorFirmId" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AuditorFirmId"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AuditorFirmId" xlink:to="lab_dei_AuditorFirmId" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SundryDomesticMember_af980cf1-2ebd-4cfb-9847-ea9e4d838f28_terseLabel_en-US" xlink:label="lab_itub_SundryDomesticMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sundry domestic</link:label>
    <link:label id="lab_itub_SundryDomesticMember_label_en-US" xlink:label="lab_itub_SundryDomesticMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sundry Domestic [Member]</link:label>
    <link:label id="lab_itub_SundryDomesticMember_documentation_en-US" xlink:label="lab_itub_SundryDomesticMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Sundry Domestic [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SundryDomesticMember" xlink:href="itub-20251231.xsd#itub_SundryDomesticMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SundryDomesticMember" xlink:to="lab_itub_SundryDomesticMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SevenPointEightSixPercentageMember_34351fb8-514d-467e-b71e-7f4ccf8c0bb5_terseLabel_en-US" xlink:label="lab_itub_SevenPointEightSixPercentageMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">7.86%</link:label>
    <link:label id="lab_itub_SevenPointEightSixPercentageMember_label_en-US" xlink:label="lab_itub_SevenPointEightSixPercentageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Seven Point Eight Six Percentage [Member]</link:label>
    <link:label id="lab_itub_SevenPointEightSixPercentageMember_documentation_en-US" xlink:label="lab_itub_SevenPointEightSixPercentageMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Seven Point Eight Six Percentage [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SevenPointEightSixPercentageMember" xlink:href="itub-20251231.xsd#itub_SevenPointEightSixPercentageMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SevenPointEightSixPercentageMember" xlink:to="lab_itub_SevenPointEightSixPercentageMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestOnCapitalMonthlyInstallmentNet_49f1c83e-b7e2-49ca-9ae3-a3c7f45eab0c_terseLabel_en-US" xlink:label="lab_itub_InterestOnCapitalMonthlyInstallmentNet" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest on capital - 1 monthly installment, Net</link:label>
    <link:label id="lab_itub_InterestOnCapitalMonthlyInstallmentNet_label_en-US" xlink:label="lab_itub_InterestOnCapitalMonthlyInstallmentNet" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest On Capital - Monthly Installment, Net</link:label>
    <link:label id="lab_itub_InterestOnCapitalMonthlyInstallmentNet_documentation_en-US" xlink:label="lab_itub_InterestOnCapitalMonthlyInstallmentNet" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest On Capital - Monthly Installment, Net</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestOnCapitalMonthlyInstallmentNet" xlink:href="itub-20251231.xsd#itub_InterestOnCapitalMonthlyInstallmentNet"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestOnCapitalMonthlyInstallmentNet" xlink:to="lab_itub_InterestOnCapitalMonthlyInstallmentNet" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DeductibilityOfLossesInCreditOperations_4c974088-13ef-45ec-a2bb-8da30b983452_terseLabel_en-US" xlink:label="lab_itub_DeductibilityOfLossesInCreditOperations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deductibility of losses in credit operations</link:label>
    <link:label id="lab_itub_DeductibilityOfLossesInCreditOperations_label_en-US" xlink:label="lab_itub_DeductibilityOfLossesInCreditOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deductibility Of Losses In Credit Operations</link:label>
    <link:label id="lab_itub_DeductibilityOfLossesInCreditOperations_documentation_en-US" xlink:label="lab_itub_DeductibilityOfLossesInCreditOperations" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deductibility Of Losses In Credit Operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DeductibilityOfLossesInCreditOperations" xlink:href="itub-20251231.xsd#itub_DeductibilityOfLossesInCreditOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DeductibilityOfLossesInCreditOperations" xlink:to="lab_itub_DeductibilityOfLossesInCreditOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherOperatingRevenuesExpenses_d0a8c979-ff84-459d-920e-08fe9d89565a_terseLabel_en-US" xlink:label="lab_itub_OtherOperatingRevenuesExpenses" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other operating income / (expenses)</link:label>
    <link:label id="lab_itub_OtherOperatingRevenuesExpenses_label_en-US" xlink:label="lab_itub_OtherOperatingRevenuesExpenses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Operating Revenues / (Expenses)</link:label>
    <link:label id="lab_itub_OtherOperatingRevenuesExpenses_documentation_en-US" xlink:label="lab_itub_OtherOperatingRevenuesExpenses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Operating Revenues / (Expenses)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherOperatingRevenuesExpenses" xlink:href="itub-20251231.xsd#itub_OtherOperatingRevenuesExpenses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherOperatingRevenuesExpenses" xlink:to="lab_itub_OtherOperatingRevenuesExpenses" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialLiabilitiesHeldForTradingExplanatory_bb69893a-571f-4e09-aa3b-b3201637ad39_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialLiabilitiesHeldForTradingExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial liabilities designated at fair value through profit or loss</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialLiabilitiesHeldForTradingExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialLiabilitiesHeldForTradingExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of financial liabilities held for trading [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialLiabilitiesHeldForTradingExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialLiabilitiesHeldForTradingExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialLiabilitiesHeldForTradingExplanatory" xlink:to="lab_ifrs-full_DisclosureOfFinancialLiabilitiesHeldForTradingExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SimplifiedModelPaa_a473d8d0-6bb6-485f-bcee-a77761a6628f_terseLabel_en-US" xlink:label="lab_itub_SimplifiedModelPaa" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Simplified model (PAA)</link:label>
    <link:label id="lab_itub_SimplifiedModelPaa_label_en-US" xlink:label="lab_itub_SimplifiedModelPaa" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Simplified Model (PAA)</link:label>
    <link:label id="lab_itub_SimplifiedModelPaa_documentation_en-US" xlink:label="lab_itub_SimplifiedModelPaa" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Simplified Model (PAA)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SimplifiedModelPaa" xlink:href="itub-20251231.xsd#itub_SimplifiedModelPaa"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SimplifiedModelPaa" xlink:to="lab_itub_SimplifiedModelPaa" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FairValueInvestmentFunds_70d1779d-3d2b-4a82-bd32-1e44cf8490cd_terseLabel_en-US" xlink:label="lab_itub_FairValueInvestmentFunds" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value investment funds</link:label>
    <link:label id="lab_itub_FairValueInvestmentFunds_label_en-US" xlink:label="lab_itub_FairValueInvestmentFunds" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Investment Funds</link:label>
    <link:label id="lab_itub_FairValueInvestmentFunds_documentation_en-US" xlink:label="lab_itub_FairValueInvestmentFunds" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fair Value Investment Funds</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FairValueInvestmentFunds" xlink:href="itub-20251231.xsd#itub_FairValueInvestmentFunds"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FairValueInvestmentFunds" xlink:to="lab_itub_FairValueInvestmentFunds" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TypesOfInsuranceContractsDomainDomain_290e50b3-c955-4f46-aa3c-8895ff0c09ac_terseLabel_en-US" xlink:label="lab_itub_TypesOfInsuranceContractsDomainDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">TypesOfInsuranceContractsDomain</link:label>
    <link:label id="lab_itub_TypesOfInsuranceContractsDomainDomain_label_en-US" xlink:label="lab_itub_TypesOfInsuranceContractsDomainDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">TypesOfInsuranceContractsDomain [Domain]</link:label>
    <link:label id="lab_itub_TypesOfInsuranceContractsDomainDomain_documentation_en-US" xlink:label="lab_itub_TypesOfInsuranceContractsDomainDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">TypesOfInsuranceContractsDomain</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TypesOfInsuranceContractsDomainDomain" xlink:href="itub-20251231.xsd#itub_TypesOfInsuranceContractsDomainDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TypesOfInsuranceContractsDomainDomain" xlink:to="lab_itub_TypesOfInsuranceContractsDomainDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DividendsOrInterestOnCapitalRecognisedAsDistributionsToOwnersOfParentRelatingToPriorYearsWithholdingTax_019dd23f-1e93-79a1-8313-4253e8c45293_negatedTerseLabel_en-US" xlink:label="lab_itub_DividendsOrInterestOnCapitalRecognisedAsDistributionsToOwnersOfParentRelatingToPriorYearsWithholdingTax" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Total, WHT</link:label>
    <link:label id="lab_itub_DividendsOrInterestOnCapitalRecognisedAsDistributionsToOwnersOfParentRelatingToPriorYearsWithholdingTax_label_en-US" xlink:label="lab_itub_DividendsOrInterestOnCapitalRecognisedAsDistributionsToOwnersOfParentRelatingToPriorYearsWithholdingTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total, WHT</link:label>
    <link:label id="lab_itub_DividendsOrInterestOnCapitalRecognisedAsDistributionsToOwnersOfParentRelatingToPriorYearsWithholdingTax_documentation_en-US" xlink:label="lab_itub_DividendsOrInterestOnCapitalRecognisedAsDistributionsToOwnersOfParentRelatingToPriorYearsWithholdingTax" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total, WHT</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DividendsOrInterestOnCapitalRecognisedAsDistributionsToOwnersOfParentRelatingToPriorYearsWithholdingTax" xlink:href="itub-20251231.xsd#itub_DividendsOrInterestOnCapitalRecognisedAsDistributionsToOwnersOfParentRelatingToPriorYearsWithholdingTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DividendsOrInterestOnCapitalRecognisedAsDistributionsToOwnersOfParentRelatingToPriorYearsWithholdingTax" xlink:to="lab_itub_DividendsOrInterestOnCapitalRecognisedAsDistributionsToOwnersOfParentRelatingToPriorYearsWithholdingTax" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SubordinatedBondsMember_fa097bb6-6245-4d68-a9b2-a44291d7cf5d_terseLabel_en-US" xlink:label="lab_itub_SubordinatedBondsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subordinated Bonds</link:label>
    <link:label id="lab_itub_SubordinatedBondsMember_label_en-US" xlink:label="lab_itub_SubordinatedBondsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subordinated Bonds [Member]</link:label>
    <link:label id="lab_itub_SubordinatedBondsMember_documentation_en-US" xlink:label="lab_itub_SubordinatedBondsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Subordinated Bonds [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SubordinatedBondsMember" xlink:href="itub-20251231.xsd#itub_SubordinatedBondsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SubordinatedBondsMember" xlink:to="lab_itub_SubordinatedBondsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfInsuranceContractsAndPrivatePensionPortfoliosAndMeasurementApproachTableTextBlock_8f6a4fac-0412-4085-bdf1-384381b0ebe3_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfInsuranceContractsAndPrivatePensionPortfoliosAndMeasurementApproachTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Insurance Contracts and Private Pension Portfolios and Measurement Approach</link:label>
    <link:label id="lab_itub_ScheduleOfInsuranceContractsAndPrivatePensionPortfoliosAndMeasurementApproachTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfInsuranceContractsAndPrivatePensionPortfoliosAndMeasurementApproachTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Insurance Contracts And Private Pension Portfolios And Measurement Approach [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfInsuranceContractsAndPrivatePensionPortfoliosAndMeasurementApproachTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfInsuranceContractsAndPrivatePensionPortfoliosAndMeasurementApproachTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Insurance Contracts And Private Pension Portfolios And Measurement Approach</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfInsuranceContractsAndPrivatePensionPortfoliosAndMeasurementApproachTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfInsuranceContractsAndPrivatePensionPortfoliosAndMeasurementApproachTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfInsuranceContractsAndPrivatePensionPortfoliosAndMeasurementApproachTableTextBlock" xlink:to="lab_itub_ScheduleOfInsuranceContractsAndPrivatePensionPortfoliosAndMeasurementApproachTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialAssetsHeldForHedgingMember_8381df87-efe0-4b5e-8545-24ab0b1a481c_terseLabel_en-US" xlink:label="lab_itub_FinancialAssetsHeldForHedgingMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Future / Financial Assets</link:label>
    <link:label id="lab_itub_FinancialAssetsHeldForHedgingMember_label_en-US" xlink:label="lab_itub_FinancialAssetsHeldForHedgingMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Assets Held For Hedging [Member]</link:label>
    <link:label id="lab_itub_FinancialAssetsHeldForHedgingMember_documentation_en-US" xlink:label="lab_itub_FinancialAssetsHeldForHedgingMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial Assets Held For Hedging [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialAssetsHeldForHedgingMember" xlink:href="itub-20251231.xsd#itub_FinancialAssetsHeldForHedgingMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialAssetsHeldForHedgingMember" xlink:to="lab_itub_FinancialAssetsHeldForHedgingMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CapitalAmount_104c11d9-adb4-4b3d-a9f0-5e2588f8ff61_terseLabel_en-US" xlink:label="lab_itub_CapitalAmount" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital amount</link:label>
    <link:label id="lab_itub_CapitalAmount_label_en-US" xlink:label="lab_itub_CapitalAmount" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Amount</link:label>
    <link:label id="lab_itub_CapitalAmount_documentation_en-US" xlink:label="lab_itub_CapitalAmount" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Capital Amount</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CapitalAmount" xlink:href="itub-20251231.xsd#itub_CapitalAmount"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CapitalAmount" xlink:to="lab_itub_CapitalAmount" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable_99a31658-a7c1-4c10-88ba-0f7cb0fcf56e_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of subsidiaries [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of subsidiaries [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable" xlink:to="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PercentageOfFinancialAssets_160fd4eb-abb9-40a6-904d-8f7afe4fbca0_terseLabel_en-US" xlink:label="lab_itub_PercentageOfFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of financial assets</link:label>
    <link:label id="lab_itub_PercentageOfFinancialAssets_label_en-US" xlink:label="lab_itub_PercentageOfFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Financial Assets</link:label>
    <link:label id="lab_itub_PercentageOfFinancialAssets_documentation_en-US" xlink:label="lab_itub_PercentageOfFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage Of Financial Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PercentageOfFinancialAssets" xlink:href="itub-20251231.xsd#itub_PercentageOfFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PercentageOfFinancialAssets" xlink:to="lab_itub_PercentageOfFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TypeOfExpectedCreditLossesAxis_019d649c-c7ba-7874-8dc9-0a22d902de90_terseLabel_en-US" xlink:label="lab_itub_TypeOfExpectedCreditLossesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Type Of Expected Credit Losses [Axis]</link:label>
    <link:label id="lab_itub_TypeOfExpectedCreditLossesAxis_label_en-US" xlink:label="lab_itub_TypeOfExpectedCreditLossesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Type Of Expected Credit Losses [Axis]</link:label>
    <link:label id="lab_itub_TypeOfExpectedCreditLossesAxis_documentation_en-US" xlink:label="lab_itub_TypeOfExpectedCreditLossesAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Type Of Expected Credit Losses</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TypeOfExpectedCreditLossesAxis" xlink:href="itub-20251231.xsd#itub_TypeOfExpectedCreditLossesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TypeOfExpectedCreditLossesAxis" xlink:to="lab_itub_TypeOfExpectedCreditLossesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DerivativesAndUseOfHedgeAccountingPolicyTextBlock_3508c8ce-44bf-4a59-b3f8-dd519ba0e073_terseLabel_en-US" xlink:label="lab_itub_DerivativesAndUseOfHedgeAccountingPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivatives and use of hedge accounting</link:label>
    <link:label id="lab_itub_DerivativesAndUseOfHedgeAccountingPolicyTextBlock_label_en-US" xlink:label="lab_itub_DerivativesAndUseOfHedgeAccountingPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivatives and use of hedge accounting [Policy Text Block]</link:label>
    <link:label id="lab_itub_DerivativesAndUseOfHedgeAccountingPolicyTextBlock_documentation_en-US" xlink:label="lab_itub_DerivativesAndUseOfHedgeAccountingPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Derivatives and use of hedge accounting</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DerivativesAndUseOfHedgeAccountingPolicyTextBlock" xlink:href="itub-20251231.xsd#itub_DerivativesAndUseOfHedgeAccountingPolicyTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DerivativesAndUseOfHedgeAccountingPolicyTextBlock" xlink:to="lab_itub_DerivativesAndUseOfHedgeAccountingPolicyTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DecreaseInProvisionGuaranteedByIndemnityClause_2b283443-c6b6-4070-a914-3bb398253260_verboseLabel_en-US" xlink:label="lab_itub_DecreaseInProvisionGuaranteedByIndemnityClause" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">(-) Provisions guaranteed by indemnity clause</link:label>
    <link:label id="lab_itub_DecreaseInProvisionGuaranteedByIndemnityClause_label_en-US" xlink:label="lab_itub_DecreaseInProvisionGuaranteedByIndemnityClause" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Decrease In Provision Guaranteed By Indemnity Clause</link:label>
    <link:label id="lab_itub_DecreaseInProvisionGuaranteedByIndemnityClause_documentation_en-US" xlink:label="lab_itub_DecreaseInProvisionGuaranteedByIndemnityClause" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Decrease In Provision Guaranteed By Indemnity Clause</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DecreaseInProvisionGuaranteedByIndemnityClause" xlink:href="itub-20251231.xsd#itub_DecreaseInProvisionGuaranteedByIndemnityClause"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DecreaseInProvisionGuaranteedByIndemnityClause" xlink:to="lab_itub_DecreaseInProvisionGuaranteedByIndemnityClause" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterbankMarketFunds_68400e75-81ef-4a98-85b0-8cc339731ab8_verboseLabel_en-US" xlink:label="lab_itub_InterbankMarketFunds" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Interbank market funds</link:label>
    <link:label id="lab_itub_InterbankMarketFunds_label_en-US" xlink:label="lab_itub_InterbankMarketFunds" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interbank Market Funds</link:label>
    <link:label id="lab_itub_InterbankMarketFunds_documentation_en-US" xlink:label="lab_itub_InterbankMarketFunds" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interbank Market Funds</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterbankMarketFunds" xlink:href="itub-20251231.xsd#itub_InterbankMarketFunds"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterbankMarketFunds" xlink:to="lab_itub_InterbankMarketFunds" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_NotionalAmountofCreditProtectionPurchasedwithIdenticalUnderlyingAmount_adb70b93-9360-4e4d-84b3-8ee4ca4048be_terseLabel_en-US" xlink:label="lab_itub_NotionalAmountofCreditProtectionPurchasedwithIdenticalUnderlyingAmount" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transferred risk</link:label>
    <link:label id="lab_itub_NotionalAmountofCreditProtectionPurchasedwithIdenticalUnderlyingAmount_label_en-US" xlink:label="lab_itub_NotionalAmountofCreditProtectionPurchasedwithIdenticalUnderlyingAmount" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Notional amount of credit protection purchased with identical underlying amount</link:label>
    <link:label id="lab_itub_NotionalAmountofCreditProtectionPurchasedwithIdenticalUnderlyingAmount_documentation_en-US" xlink:label="lab_itub_NotionalAmountofCreditProtectionPurchasedwithIdenticalUnderlyingAmount" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Notional amount of credit protection purchased with identical underlying amount</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_NotionalAmountofCreditProtectionPurchasedwithIdenticalUnderlyingAmount" xlink:href="itub-20251231.xsd#itub_NotionalAmountofCreditProtectionPurchasedwithIdenticalUnderlyingAmount"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_NotionalAmountofCreditProtectionPurchasedwithIdenticalUnderlyingAmount" xlink:to="lab_itub_NotionalAmountofCreditProtectionPurchasedwithIdenticalUnderlyingAmount" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtAmortisedCost_31b11600-8fd0-4f3c-a677-7dce19302c50_totalLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtAmortisedCost" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">At Amortized Cost</link:label>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtAmortisedCost_label_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtAmortisedCost" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial liabilities at amortised cost</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialLiabilitiesAtAmortisedCost" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialLiabilitiesAtAmortisedCost"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialLiabilitiesAtAmortisedCost" xlink:to="lab_ifrs-full_FinancialLiabilitiesAtAmortisedCost" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfOtherAssetsExplanatory_2b19b643-4e06-4ce5-a2f0-bda029542886_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Other Assets</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfOtherAssetsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of other assets [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOtherAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOtherAssetsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOtherAssetsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfOtherAssetsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InsuranceBond_f3613326-12f9-4c4a-8a5b-ba45ec96c2d2_terseLabel_en-US" xlink:label="lab_itub_InsuranceBond" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Insurance bond</link:label>
    <link:label id="lab_itub_InsuranceBond_label_en-US" xlink:label="lab_itub_InsuranceBond" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Insurance Bond</link:label>
    <link:label id="lab_itub_InsuranceBond_documentation_en-US" xlink:label="lab_itub_InsuranceBond" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Insurance Bond</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InsuranceBond" xlink:href="itub-20251231.xsd#itub_InsuranceBond"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InsuranceBond" xlink:to="lab_itub_InsuranceBond" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DepositsFromBanks_3a746b57-cca6-4fee-b4a9-751920e76759_verboseLabel_en-US" xlink:label="lab_ifrs-full_DepositsFromBanks" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Deposits</link:label>
    <link:label id="lab_ifrs-full_DepositsFromBanks_label_en-US" xlink:label="lab_ifrs-full_DepositsFromBanks" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deposits from banks</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DepositsFromBanks" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DepositsFromBanks"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DepositsFromBanks" xlink:to="lab_ifrs-full_DepositsFromBanks" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CurrentDividendPayablesGross_019da971-ec9a-7c04-a14c-398e7b84706f_totalLabel_en-US" xlink:label="lab_itub_CurrentDividendPayablesGross" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Accrued (Recorded in Other Liabilities), value</link:label>
    <link:label id="lab_itub_CurrentDividendPayablesGross_label_en-US" xlink:label="lab_itub_CurrentDividendPayablesGross" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accrued (Recorded in Other Liabilities), value</link:label>
    <link:label id="lab_itub_CurrentDividendPayablesGross_documentation_en-US" xlink:label="lab_itub_CurrentDividendPayablesGross" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Accrued (Recorded in Other Liabilities), value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CurrentDividendPayablesGross" xlink:href="itub-20251231.xsd#itub_CurrentDividendPayablesGross"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CurrentDividendPayablesGross" xlink:to="lab_itub_CurrentDividendPayablesGross" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CdiPlusOnePointThreeFivePercentageMember_019c750f-c32d-75ee-8576-6beab0c029e6_terseLabel_en-US" xlink:label="lab_itub_CdiPlusOnePointThreeFivePercentageMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CDI + 1.35%</link:label>
    <link:label id="lab_itub_CdiPlusOnePointThreeFivePercentageMember_label_en-US" xlink:label="lab_itub_CdiPlusOnePointThreeFivePercentageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cdi plus One Point Three Five Percentage [Member]</link:label>
    <link:label id="lab_itub_CdiPlusOnePointThreeFivePercentageMember_documentation_en-US" xlink:label="lab_itub_CdiPlusOnePointThreeFivePercentageMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cdi plus One Point Three Five Percentage</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CdiPlusOnePointThreeFivePercentageMember" xlink:href="itub-20251231.xsd#itub_CdiPlusOnePointThreeFivePercentageMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CdiPlusOnePointThreeFivePercentageMember" xlink:to="lab_itub_CdiPlusOnePointThreeFivePercentageMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DepositsFromCustomers_116c5d62-834b-4f07-8fe5-a32f012bdbd1_terseLabel_en-US" xlink:label="lab_ifrs-full_DepositsFromCustomers" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deposits</link:label>
    <link:label id="lab_ifrs-full_DepositsFromCustomers_019d4485-eec8-7991-ba23-f86a69405842_totalLabel_en-US" xlink:label="lab_ifrs-full_DepositsFromCustomers" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Amortized cost</link:label>
    <link:label id="lab_ifrs-full_DepositsFromCustomers_label_en-US" xlink:label="lab_ifrs-full_DepositsFromCustomers" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deposits from customers</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DepositsFromCustomers" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DepositsFromCustomers"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DepositsFromCustomers" xlink:to="lab_ifrs-full_DepositsFromCustomers" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_MaximumExposureOfOtherFinancialAssets_4ac6e8ac-b770-4d97-b9c3-18dcb46453a1_verboseLabel_en-US" xlink:label="lab_itub_MaximumExposureOfOtherFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other financial assets</link:label>
    <link:label id="lab_itub_MaximumExposureOfOtherFinancialAssets_cc0aca2e-c0bf-4aef-903d-fbe32fbd4334_terseLabel_en-US" xlink:label="lab_itub_MaximumExposureOfOtherFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum exposure of other financial assets</link:label>
    <link:label id="lab_itub_MaximumExposureOfOtherFinancialAssets_label_en-US" xlink:label="lab_itub_MaximumExposureOfOtherFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maximum Exposure Of Other Financial Assets</link:label>
    <link:label id="lab_itub_MaximumExposureOfOtherFinancialAssets_documentation_en-US" xlink:label="lab_itub_MaximumExposureOfOtherFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Maximum Exposure Of Other Financial Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_MaximumExposureOfOtherFinancialAssets" xlink:href="itub-20251231.xsd#itub_MaximumExposureOfOtherFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_MaximumExposureOfOtherFinancialAssets" xlink:to="lab_itub_MaximumExposureOfOtherFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypeOfMeasurementOfExpectedCreditLossesDomain_5cb79ff6-b319-4856-abc5-cad9c21a1d63_terseLabel_en-US" xlink:label="lab_ifrs-full_TypeOfMeasurementOfExpectedCreditLossesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Type of measurement of expected credit losses [domain]</link:label>
    <link:label id="lab_ifrs-full_TypeOfMeasurementOfExpectedCreditLossesDomain_label_en-US" xlink:label="lab_ifrs-full_TypeOfMeasurementOfExpectedCreditLossesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Type of measurement of expected credit losses [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypeOfMeasurementOfExpectedCreditLossesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypeOfMeasurementOfExpectedCreditLossesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypeOfMeasurementOfExpectedCreditLossesDomain" xlink:to="lab_ifrs-full_TypeOfMeasurementOfExpectedCreditLossesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtFairValue_019dac21-f44a-78bf-9704-ba20dedac41f_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Fair value - liability</link:label>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtFairValue_2e3bc02a-5ea2-4535-b01b-3a0c728c1948_verboseLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Financial liabilities at amortized cost</link:label>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtFairValue_label_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial liabilities, at fair value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialLiabilitiesAtFairValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:to="lab_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember_019cb3a9-6814-712c-bbdb-5740c1ca33be_verboseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">From one to five years</link:label>
    <link:label id="lab_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember_b56d6f67-05e9-49e6-896d-debe9339bfa3_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">1 to 5 years</link:label>
    <link:label id="lab_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than one year and not later than five years [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:to="lab_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementDomain_79422360-acb8-4d2f-b45c-8ff52e3ecb9e_terseLabel_en-US" xlink:label="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Valuation techniques used in fair value measurement [domain]</link:label>
    <link:label id="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementDomain_label_en-US" xlink:label="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Valuation techniques used in fair value measurement [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ValuationTechniquesUsedInFairValueMeasurementDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementDomain" xlink:to="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FeesFromCreditAndDebitCardServices_6def2907-42c6-409a-bf57-98af036c123f_negatedLabel_en-US" xlink:label="lab_itub_FeesFromCreditAndDebitCardServices" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Credit and debit cards</link:label>
    <link:label id="lab_itub_FeesFromCreditAndDebitCardServices_label_en-US" xlink:label="lab_itub_FeesFromCreditAndDebitCardServices" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fees From Credit And Debit Card Services</link:label>
    <link:label id="lab_itub_FeesFromCreditAndDebitCardServices_documentation_en-US" xlink:label="lab_itub_FeesFromCreditAndDebitCardServices" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fees From Credit And Debit Card Services</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FeesFromCreditAndDebitCardServices" xlink:href="itub-20251231.xsd#itub_FeesFromCreditAndDebitCardServices"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FeesFromCreditAndDebitCardServices" xlink:to="lab_itub_FeesFromCreditAndDebitCardServices" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ItemsOfContingentLiabilitiesDomain_a2d946b0-6a79-415b-832c-d8c97ddb4e36_terseLabel_en-US" xlink:label="lab_ifrs-full_ItemsOfContingentLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Items of contingent liabilities [domain]</link:label>
    <link:label id="lab_ifrs-full_ItemsOfContingentLiabilitiesDomain_label_en-US" xlink:label="lab_ifrs-full_ItemsOfContingentLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Items of contingent liabilities [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ItemsOfContingentLiabilitiesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ItemsOfContingentLiabilitiesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ItemsOfContingentLiabilitiesDomain" xlink:to="lab_ifrs-full_ItemsOfContingentLiabilitiesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsTable_2f735447-477e-4401-b0da-8c0b04f7faf1_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about hedged items [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about hedged items [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsTable" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TopOfRangeMember_e52b8cfd-6237-4a66-b03a-7f8c21994f1a_terseLabel_en-US" xlink:label="lab_ifrs-full_TopOfRangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum</link:label>
    <link:label id="lab_ifrs-full_TopOfRangeMember_label_en-US" xlink:label="lab_ifrs-full_TopOfRangeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Top of range [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TopOfRangeMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TopOfRangeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TopOfRangeMember" xlink:to="lab_ifrs-full_TopOfRangeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughModificationOfContractualCashFlowsFinancialAssets_2d10d2eb-a24b-471a-9d95-3ada3adceec2_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughModificationOfContractualCashFlowsFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase (decrease) through modification of contractual cash flows, financial assets</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughModificationOfContractualCashFlowsFinancialAssets_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughModificationOfContractualCashFlowsFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through modification of contractual cash flows, financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughModificationOfContractualCashFlowsFinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughModificationOfContractualCashFlowsFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughModificationOfContractualCashFlowsFinancialAssets" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughModificationOfContractualCashFlowsFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_WeightedAverageSharePrice2019_ee12e5bb-d2d3-4b45-996d-3964616424ec_verboseLabel_en-US" xlink:label="lab_ifrs-full_WeightedAverageSharePrice2019" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Market value weighted average (in brl per share)</link:label>
    <link:label id="lab_ifrs-full_WeightedAverageSharePrice2019_label_en-US" xlink:label="lab_ifrs-full_WeightedAverageSharePrice2019" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted average share price</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_WeightedAverageSharePrice2019" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_WeightedAverageSharePrice2019"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_WeightedAverageSharePrice2019" xlink:to="lab_ifrs-full_WeightedAverageSharePrice2019" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_Insurance_6c4b3969-03eb-42ca-b8df-3399420060e1_terseLabel_en-US" xlink:label="lab_itub_Insurance" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Insurance</link:label>
    <link:label id="lab_itub_Insurance_label_en-US" xlink:label="lab_itub_Insurance" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Insurance</link:label>
    <link:label id="lab_itub_Insurance_documentation_en-US" xlink:label="lab_itub_Insurance" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Insurance</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_Insurance" xlink:href="itub-20251231.xsd#itub_Insurance"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_Insurance" xlink:to="lab_itub_Insurance" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeTaxRelatingToHedgesOfNetInvestmentsInForeignOperationsOfOtherComprehensiveIncome_948d0c6d-9f65-47b8-ad5e-482cfab958f1_negatedLabel_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToHedgesOfNetInvestmentsInForeignOperationsOfOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Tax effect</link:label>
    <link:label id="lab_ifrs-full_IncomeTaxRelatingToHedgesOfNetInvestmentsInForeignOperationsOfOtherComprehensiveIncome_label_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToHedgesOfNetInvestmentsInForeignOperationsOfOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income tax relating to hedges of net investments in foreign operations included in other comprehensive income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeTaxRelatingToHedgesOfNetInvestmentsInForeignOperationsOfOtherComprehensiveIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeTaxRelatingToHedgesOfNetInvestmentsInForeignOperationsOfOtherComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxRelatingToHedgesOfNetInvestmentsInForeignOperationsOfOtherComprehensiveIncome" xlink:to="lab_ifrs-full_IncomeTaxRelatingToHedgesOfNetInvestmentsInForeignOperationsOfOtherComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_BankDepositCertificatesMember_4030e17d-e494-4e46-a667-b0b7583c31d9_terseLabel_en-US" xlink:label="lab_itub_BankDepositCertificatesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bank deposit certificates</link:label>
    <link:label id="lab_itub_BankDepositCertificatesMember_label_en-US" xlink:label="lab_itub_BankDepositCertificatesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Bank Deposit Certificates [member]</link:label>
    <link:label id="lab_itub_BankDepositCertificatesMember_documentation_en-US" xlink:label="lab_itub_BankDepositCertificatesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Bank deposit certificates.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_BankDepositCertificatesMember" xlink:href="itub-20251231.xsd#itub_BankDepositCertificatesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_BankDepositCertificatesMember" xlink:to="lab_itub_BankDepositCertificatesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TwoThousandAndThirtyMember_5e2857ba-a9f0-4551-9a59-ea05e8f6ea0d_terseLabel_en-US" xlink:label="lab_itub_TwoThousandAndThirtyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2030</link:label>
    <link:label id="lab_itub_TwoThousandAndThirtyMember_label_en-US" xlink:label="lab_itub_TwoThousandAndThirtyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Two Thousand And Thirty [Member]</link:label>
    <link:label id="lab_itub_TwoThousandAndThirtyMember_documentation_en-US" xlink:label="lab_itub_TwoThousandAndThirtyMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Two Thousand And Thirty [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TwoThousandAndThirtyMember" xlink:href="itub-20251231.xsd#itub_TwoThousandAndThirtyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TwoThousandAndThirtyMember" xlink:to="lab_itub_TwoThousandAndThirtyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_HedgeOfSecuritiesAtAmortizedCostMember_019c8a8a-2442-7679-ba87-2f72a46cea65_terseLabel_en-US" xlink:label="lab_itub_HedgeOfSecuritiesAtAmortizedCostMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hedge of securities at amortized cost</link:label>
    <link:label id="lab_itub_HedgeOfSecuritiesAtAmortizedCostMember_label_en-US" xlink:label="lab_itub_HedgeOfSecuritiesAtAmortizedCostMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedge Of Securities At Amortized Cost [Member]</link:label>
    <link:label id="lab_itub_HedgeOfSecuritiesAtAmortizedCostMember_documentation_en-US" xlink:label="lab_itub_HedgeOfSecuritiesAtAmortizedCostMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Hedge Of Securities At Amortized Cost</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_HedgeOfSecuritiesAtAmortizedCostMember" xlink:href="itub-20251231.xsd#itub_HedgeOfSecuritiesAtAmortizedCostMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_HedgeOfSecuritiesAtAmortizedCostMember" xlink:to="lab_itub_HedgeOfSecuritiesAtAmortizedCostMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans_81b304e0-419e-41aa-a369-df0386f0723a_totalLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Remeasurements of liabilities for post-employment benefits</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income, net of tax, gains (losses) on remeasurements of defined benefit plans</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IndividualBorrowersMember_019d6ad2-3858-7a8f-b1ce-c7b6075aaefd_terseLabel_en-US" xlink:label="lab_itub_IndividualBorrowersMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Individual Borrowers</link:label>
    <link:label id="lab_itub_IndividualBorrowersMember_label_en-US" xlink:label="lab_itub_IndividualBorrowersMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Individual Borrowers [Member]</link:label>
    <link:label id="lab_itub_IndividualBorrowersMember_documentation_en-US" xlink:label="lab_itub_IndividualBorrowersMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Individual Borrowers</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IndividualBorrowersMember" xlink:href="itub-20251231.xsd#itub_IndividualBorrowersMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IndividualBorrowersMember" xlink:to="lab_itub_IndividualBorrowersMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DisclosureOfContractualMaturitiesOfAssetsAndLiabilitiesExplanatoryTableTextBlock_19963665-06a4-4e48-8817-f095e3e2b4a8_verboseLabel_en-US" xlink:label="lab_itub_DisclosureOfContractualMaturitiesOfAssetsAndLiabilitiesExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Contractual Maturities of Assets and Liabilities Explanatory</link:label>
    <link:label id="lab_itub_DisclosureOfContractualMaturitiesOfAssetsAndLiabilitiesExplanatoryTableTextBlock_label_en-US" xlink:label="lab_itub_DisclosureOfContractualMaturitiesOfAssetsAndLiabilitiesExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Contractual Maturities Of Assets And Liabilities Explanatory [Table Text Block]</link:label>
    <link:label id="lab_itub_DisclosureOfContractualMaturitiesOfAssetsAndLiabilitiesExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_itub_DisclosureOfContractualMaturitiesOfAssetsAndLiabilitiesExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure Of Contractual Maturities Of Assets And Liabilities Explanatory</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DisclosureOfContractualMaturitiesOfAssetsAndLiabilitiesExplanatoryTableTextBlock" xlink:href="itub-20251231.xsd#itub_DisclosureOfContractualMaturitiesOfAssetsAndLiabilitiesExplanatoryTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DisclosureOfContractualMaturitiesOfAssetsAndLiabilitiesExplanatoryTableTextBlock" xlink:to="lab_itub_DisclosureOfContractualMaturitiesOfAssetsAndLiabilitiesExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LegalLiabilitiesMember_8fb65db4-49f9-4da0-bd52-36001496bb7f_terseLabel_en-US" xlink:label="lab_itub_LegalLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Legal obligations</link:label>
    <link:label id="lab_itub_LegalLiabilitiesMember_label_en-US" xlink:label="lab_itub_LegalLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Legal Liabilities [Member]</link:label>
    <link:label id="lab_itub_LegalLiabilitiesMember_documentation_en-US" xlink:label="lab_itub_LegalLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Legal Liabilities [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LegalLiabilitiesMember" xlink:href="itub-20251231.xsd#itub_LegalLiabilitiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LegalLiabilitiesMember" xlink:to="lab_itub_LegalLiabilitiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LiabilityForClaimsIncurredAt12312024_a5a553e5-1b2f-45ba-9f10-26cb8f095c11_terseLabel_en-US" xlink:label="lab_itub_LiabilityForClaimsIncurredAt12312024" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liability For Claims Incurred At 12/31/2025</link:label>
    <link:label id="lab_itub_LiabilityForClaimsIncurredAt12312024_label_en-US" xlink:label="lab_itub_LiabilityForClaimsIncurredAt12312024" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liability For Claims Incurred At 12/31/2024</link:label>
    <link:label id="lab_itub_LiabilityForClaimsIncurredAt12312024_documentation_en-US" xlink:label="lab_itub_LiabilityForClaimsIncurredAt12312024" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Liability For Claims Incurred At 12/31/2024</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LiabilityForClaimsIncurredAt12312024" xlink:href="itub-20251231.xsd#itub_LiabilityForClaimsIncurredAt12312024"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LiabilityForClaimsIncurredAt12312024" xlink:to="lab_itub_LiabilityForClaimsIncurredAt12312024" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_e73b0b13-e702-4d3f-a26a-08e3870fff76_terseLabel_en-US" xlink:label="lab_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Carrying amount, accumulated depreciation, amortisation and impairment and gross carrying amount [axis]</link:label>
    <link:label id="lab_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_label_en-US" xlink:label="lab_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Carrying amount, accumulated depreciation, amortisation and impairment and gross carrying amount [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:to="lab_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NotesAndOtherExplanatoryInformationAbstract_df3c70f9-e90b-4f95-815d-3d304c278735_terseLabel_en-US" xlink:label="lab_ifrs-full_NotesAndOtherExplanatoryInformationAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Notes and other explanatory information [abstract]</link:label>
    <link:label id="lab_ifrs-full_NotesAndOtherExplanatoryInformationAbstract_label_en-US" xlink:label="lab_ifrs-full_NotesAndOtherExplanatoryInformationAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Notes and other explanatory information [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NotesAndOtherExplanatoryInformationAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NotesAndOtherExplanatoryInformationAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NotesAndOtherExplanatoryInformationAbstract" xlink:to="lab_ifrs-full_NotesAndOtherExplanatoryInformationAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ExpectedCreditLossesMember_e05b9bdb-93d5-4f2f-87a0-d5d5f68b8974_terseLabel_en-US" xlink:label="lab_itub_ExpectedCreditLossesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expected Credit Losses</link:label>
    <link:label id="lab_itub_ExpectedCreditLossesMember_label_en-US" xlink:label="lab_itub_ExpectedCreditLossesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expected Credit Losses [Member]</link:label>
    <link:label id="lab_itub_ExpectedCreditLossesMember_documentation_en-US" xlink:label="lab_itub_ExpectedCreditLossesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Expected Credit Losses [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ExpectedCreditLossesMember" xlink:href="itub-20251231.xsd#itub_ExpectedCreditLossesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ExpectedCreditLossesMember" xlink:to="lab_itub_ExpectedCreditLossesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DividendsInPaid_a990066f-598c-4c99-b9ac-77c8020124ae_negatedTerseLabel_en-US" xlink:label="lab_itub_DividendsInPaid" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Dividends</link:label>
    <link:label id="lab_itub_DividendsInPaid_label_en-US" xlink:label="lab_itub_DividendsInPaid" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends</link:label>
    <link:label id="lab_itub_DividendsInPaid_documentation_en-US" xlink:label="lab_itub_DividendsInPaid" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Dividends</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DividendsInPaid" xlink:href="itub-20251231.xsd#itub_DividendsInPaid"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DividendsInPaid" xlink:to="lab_itub_DividendsInPaid" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherRelatedPartiesMember_e6942904-4df5-4cc7-beb9-92b3768cd77d_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherRelatedPartiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other related parties</link:label>
    <link:label id="lab_ifrs-full_OtherRelatedPartiesMember_label_en-US" xlink:label="lab_ifrs-full_OtherRelatedPartiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other related parties [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherRelatedPartiesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherRelatedPartiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherRelatedPartiesMember" xlink:to="lab_ifrs-full_OtherRelatedPartiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_019d55a8-cd4c-7a56-aaf3-085c62d8074c_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">(Increase) / Reversal</link:label>
    <link:label id="lab_ifrs-full_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_019d55a8-c6ef-7492-b779-fea8c173da14_terseLabel_en-US" xlink:label="lab_ifrs-full_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Impairment loss (reversal of impairment loss) recognised in profit or loss</link:label>
    <link:label id="lab_ifrs-full_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_label_en-US" xlink:label="lab_ifrs-full_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Impairment loss (reversal of impairment loss) recognised in profit or loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:to="lab_ifrs-full_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrencyRiskMember_019c8b0e-8887-7019-a7ad-b60060fcfbdf_verboseLabel_en-US" xlink:label="lab_ifrs-full_CurrencyRiskMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Foreign exchange risk</link:label>
    <link:label id="lab_ifrs-full_CurrencyRiskMember_73e30099-4db2-4945-9185-88ccb3d9ecf6_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrencyRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Currencies</link:label>
    <link:label id="lab_ifrs-full_CurrencyRiskMember_label_en-US" xlink:label="lab_ifrs-full_CurrencyRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Currency risk [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrencyRiskMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrencyRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrencyRiskMember" xlink:to="lab_ifrs-full_CurrencyRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FunctionalOrPresentationCurrencyMember_e11e9ee0-c4b1-4453-be33-6f34a5b4c49a_terseLabel_en-US" xlink:label="lab_ifrs-full_FunctionalOrPresentationCurrencyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Functional or presentation currency</link:label>
    <link:label id="lab_ifrs-full_FunctionalOrPresentationCurrencyMember_label_en-US" xlink:label="lab_ifrs-full_FunctionalOrPresentationCurrencyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Functional or presentation currency [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FunctionalOrPresentationCurrencyMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FunctionalOrPresentationCurrencyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FunctionalOrPresentationCurrencyMember" xlink:to="lab_ifrs-full_FunctionalOrPresentationCurrencyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ProvisionForTaxAndSocialSecurityLawsuitsAndOtherRisks_ac57c288-fd9a-4de0-81fc-1e8e33b7ae54_negatedLabel_en-US" xlink:label="lab_itub_ProvisionForTaxAndSocialSecurityLawsuitsAndOtherRisks" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Provision for tax and social security lawsuits and other risks</link:label>
    <link:label id="lab_itub_ProvisionForTaxAndSocialSecurityLawsuitsAndOtherRisks_label_en-US" xlink:label="lab_itub_ProvisionForTaxAndSocialSecurityLawsuitsAndOtherRisks" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Provision For Tax And Social Security Lawsuits And Other Risks</link:label>
    <link:label id="lab_itub_ProvisionForTaxAndSocialSecurityLawsuitsAndOtherRisks_documentation_en-US" xlink:label="lab_itub_ProvisionForTaxAndSocialSecurityLawsuitsAndOtherRisks" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Provision For Tax And Social Security Lawsuits And Other Risks</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ProvisionForTaxAndSocialSecurityLawsuitsAndOtherRisks" xlink:href="itub-20251231.xsd#itub_ProvisionForTaxAndSocialSecurityLawsuitsAndOtherRisks"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ProvisionForTaxAndSocialSecurityLawsuitsAndOtherRisks" xlink:to="lab_itub_ProvisionForTaxAndSocialSecurityLawsuitsAndOtherRisks" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ShareIssuanceAxis_019d6a23-1393-7c35-89a4-719bc3d5e479_terseLabel_en-US" xlink:label="lab_itub_ShareIssuanceAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share Issuance [Axis]</link:label>
    <link:label id="lab_itub_ShareIssuanceAxis_label_en-US" xlink:label="lab_itub_ShareIssuanceAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share Issuance [Axis]</link:label>
    <link:label id="lab_itub_ShareIssuanceAxis_documentation_en-US" xlink:label="lab_itub_ShareIssuanceAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share Issuance</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ShareIssuanceAxis" xlink:href="itub-20251231.xsd#itub_ShareIssuanceAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ShareIssuanceAxis" xlink:to="lab_itub_ShareIssuanceAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncome_4a9aebe9-9c18-4ead-be1f-728265682654_totalLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total other comprehensive income</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncome_019d447b-f9bb-710d-a44f-c26d175c3f0b_netLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive income for the period</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncome_b3708cd1-1b61-4fae-81e8-8369fa8959c7_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive income</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncome_0d452d51-412e-481d-82d2-5a9c5a0e5b1b_verboseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive income</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncome_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncome" xlink:to="lab_ifrs-full_OtherComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfLiabilitiesAxis_15212b47-e86b-4f7d-8584-dc0fe3e4f3e2_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of liabilities [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfLiabilitiesAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of liabilities [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfLiabilitiesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfLiabilitiesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfLiabilitiesAxis" xlink:to="lab_ifrs-full_ClassesOfLiabilitiesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfReconciliationOfExpectedLoanLossesForLoanOperationsAndLeaseOperationsTableTextBlock_ee68b706-570c-4372-9196-a991ae5445e9_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfReconciliationOfExpectedLoanLossesForLoanOperationsAndLeaseOperationsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Reconciliation of Expected Loan Losses for Loan Operations and Lease Operations</link:label>
    <link:label id="lab_itub_ScheduleOfReconciliationOfExpectedLoanLossesForLoanOperationsAndLeaseOperationsTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfReconciliationOfExpectedLoanLossesForLoanOperationsAndLeaseOperationsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Reconciliation Of Expected Loan Losses For Loan Operations And Lease Operations [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfReconciliationOfExpectedLoanLossesForLoanOperationsAndLeaseOperationsTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfReconciliationOfExpectedLoanLossesForLoanOperationsAndLeaseOperationsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Reconciliation Of Expected Loan Losses For Loan Operations And Lease Operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfReconciliationOfExpectedLoanLossesForLoanOperationsAndLeaseOperationsTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfReconciliationOfExpectedLoanLossesForLoanOperationsAndLeaseOperationsTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfReconciliationOfExpectedLoanLossesForLoanOperationsAndLeaseOperationsTableTextBlock" xlink:to="lab_itub_ScheduleOfReconciliationOfExpectedLoanLossesForLoanOperationsAndLeaseOperationsTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CounterpartiesDomain_75ee600c-fcbf-44e4-9727-1adba7c07a8b_terseLabel_en-US" xlink:label="lab_ifrs-full_CounterpartiesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Counterparties [domain]</link:label>
    <link:label id="lab_ifrs-full_CounterpartiesDomain_label_en-US" xlink:label="lab_ifrs-full_CounterpartiesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Counterparties [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CounterpartiesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CounterpartiesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CounterpartiesDomain" xlink:to="lab_ifrs-full_CounterpartiesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PastDueStatusDomain_98911a8f-6dfd-4ed7-9999-a59fb0ca82c5_terseLabel_en-US" xlink:label="lab_ifrs-full_PastDueStatusDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Past due status [domain]</link:label>
    <link:label id="lab_ifrs-full_PastDueStatusDomain_label_en-US" xlink:label="lab_ifrs-full_PastDueStatusDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Past due status [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PastDueStatusDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PastDueStatusDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PastDueStatusDomain" xlink:to="lab_ifrs-full_PastDueStatusDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis_dcc3cb56-7f60-4797-8962-b12d4cc559ee_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types of share-based payment arrangements [axis]</link:label>
    <link:label id="lab_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis_label_en-US" xlink:label="lab_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Types of share-based payment arrangements [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfSharebasedPaymentArrangementsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis" xlink:to="lab_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense_0a830812-d7a1-45fe-9270-3f9cff73c96f_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Depreciation and amortization</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for depreciation and amortisation expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense" xlink:to="lab_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_Security12bTitle_06452051-22d6-4a22-8d92-1d4276683480_terseLabel_en-US" xlink:label="lab_dei_Security12bTitle" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Title of 12(b) Security</link:label>
    <link:label id="lab_dei_Security12bTitle_label_en-US" xlink:label="lab_dei_Security12bTitle" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Title of 12(b) Security</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_Security12bTitle" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_Security12bTitle"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_Security12bTitle" xlink:to="lab_dei_Security12bTitle" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_JointVenturesWhereEntityIsVenturerMember_dca99a65-a507-4f5d-8e2e-49c2734c97ac_terseLabel_en-US" xlink:label="lab_ifrs-full_JointVenturesWhereEntityIsVenturerMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Joint ventures</link:label>
    <link:label id="lab_ifrs-full_JointVenturesWhereEntityIsVenturerMember_label_en-US" xlink:label="lab_ifrs-full_JointVenturesWhereEntityIsVenturerMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Joint ventures where entity is venturer [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_JointVenturesWhereEntityIsVenturerMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_JointVenturesWhereEntityIsVenturerMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_JointVenturesWhereEntityIsVenturerMember" xlink:to="lab_ifrs-full_JointVenturesWhereEntityIsVenturerMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LoanOperationsAndLeaseOperationsPercentage_34796147-52b5-4d16-bd1a-85d6f9b14949_terseLabel_en-US" xlink:label="lab_itub_LoanOperationsAndLeaseOperationsPercentage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loan operations and lease operations percentage</link:label>
    <link:label id="lab_itub_LoanOperationsAndLeaseOperationsPercentage_573f5b15-8752-4c7b-9954-7ae91fc0ea2e_verboseLabel_en-US" xlink:label="lab_itub_LoanOperationsAndLeaseOperationsPercentage" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Percentage of loan operations and lease operations portfolio</link:label>
    <link:label id="lab_itub_LoanOperationsAndLeaseOperationsPercentage_label_en-US" xlink:label="lab_itub_LoanOperationsAndLeaseOperationsPercentage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loan Operations And Lease Operations Percentage</link:label>
    <link:label id="lab_itub_LoanOperationsAndLeaseOperationsPercentage_documentation_en-US" xlink:label="lab_itub_LoanOperationsAndLeaseOperationsPercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loan Operations And Lease Operations Percentage</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LoanOperationsAndLeaseOperationsPercentage" xlink:href="itub-20251231.xsd#itub_LoanOperationsAndLeaseOperationsPercentage"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LoanOperationsAndLeaseOperationsPercentage" xlink:to="lab_itub_LoanOperationsAndLeaseOperationsPercentage" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RealizationReversalProvisionForDeferredTaxAndContributions_5df1ef77-1e42-49f1-9250-fa3978e52f4a_verboseLabel_en-US" xlink:label="lab_itub_RealizationReversalProvisionForDeferredTaxAndContributions" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Realization / reversal</link:label>
    <link:label id="lab_itub_RealizationReversalProvisionForDeferredTaxAndContributions_label_en-US" xlink:label="lab_itub_RealizationReversalProvisionForDeferredTaxAndContributions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Realization Reversal Provision For Deferred Tax And Contributions</link:label>
    <link:label id="lab_itub_RealizationReversalProvisionForDeferredTaxAndContributions_documentation_en-US" xlink:label="lab_itub_RealizationReversalProvisionForDeferredTaxAndContributions" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Realization Reversal Provision For Deferred Tax And Contributions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RealizationReversalProvisionForDeferredTaxAndContributions" xlink:href="itub-20251231.xsd#itub_RealizationReversalProvisionForDeferredTaxAndContributions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RealizationReversalProvisionForDeferredTaxAndContributions" xlink:to="lab_itub_RealizationReversalProvisionForDeferredTaxAndContributions" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_HedgedItemsDomain_5f090270-c5a0-4707-9e51-fa532f919a0f_terseLabel_en-US" xlink:label="lab_ifrs-full_HedgedItemsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hedged items [domain]</link:label>
    <link:label id="lab_ifrs-full_HedgedItemsDomain_label_en-US" xlink:label="lab_ifrs-full_HedgedItemsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedged items [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_HedgedItemsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_HedgedItemsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_HedgedItemsDomain" xlink:to="lab_ifrs-full_HedgedItemsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AssetManagement_019dbee5-e394-7827-806c-821628e2871c_totalLabel_en-US" xlink:label="lab_itub_AssetManagement" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Asset management</link:label>
    <link:label id="lab_itub_AssetManagement_label_en-US" xlink:label="lab_itub_AssetManagement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Asset Management</link:label>
    <link:label id="lab_itub_AssetManagement_documentation_en-US" xlink:label="lab_itub_AssetManagement" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Asset Management</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AssetManagement" xlink:href="itub-20251231.xsd#itub_AssetManagement"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AssetManagement" xlink:to="lab_itub_AssetManagement" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DividendsAndInterestPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_b319813c-9192-45d6-8925-9b50d28cd5d4_negatedLabel_en-US" xlink:label="lab_itub_DividendsAndInterestPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Dividends / interest on capital paid to non-controlling interests</link:label>
    <link:label id="lab_itub_DividendsAndInterestPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_label_en-US" xlink:label="lab_itub_DividendsAndInterestPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">DividendsAndInterestPaidToNoncontrollingInterestsClassifiedAsFinancingActivities</link:label>
    <link:label id="lab_itub_DividendsAndInterestPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_documentation_en-US" xlink:label="lab_itub_DividendsAndInterestPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">DividendsAndInterestPaidToNoncontrollingInterestsClassifiedAsFinancingActivities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DividendsAndInterestPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xlink:href="itub-20251231.xsd#itub_DividendsAndInterestPaidToNoncontrollingInterestsClassifiedAsFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DividendsAndInterestPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xlink:to="lab_itub_DividendsAndInterestPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TransferToLifetimeExpectedCreditLossesCreditImpairedMember_019d55bd-b5cd-7585-a0d2-bffe1c18041a_terseLabel_en-US" xlink:label="lab_itub_TransferToLifetimeExpectedCreditLossesCreditImpairedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transfer to stage 3</link:label>
    <link:label id="lab_itub_TransferToLifetimeExpectedCreditLossesCreditImpairedMember_label_en-US" xlink:label="lab_itub_TransferToLifetimeExpectedCreditLossesCreditImpairedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfer To Lifetime Expected Credit Losses Credit Impaired [Member]</link:label>
    <link:label id="lab_itub_TransferToLifetimeExpectedCreditLossesCreditImpairedMember_documentation_en-US" xlink:label="lab_itub_TransferToLifetimeExpectedCreditLossesCreditImpairedMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Transfer To Lifetime Expected Credit Losses Credit Impaired</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TransferToLifetimeExpectedCreditLossesCreditImpairedMember" xlink:href="itub-20251231.xsd#itub_TransferToLifetimeExpectedCreditLossesCreditImpairedMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TransferToLifetimeExpectedCreditLossesCreditImpairedMember" xlink:to="lab_itub_TransferToLifetimeExpectedCreditLossesCreditImpairedMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SecuritiesHeldForTradingOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeDesignatedRecognition_df08a3f6-a9bf-4378-bdda-d11da21a1573_verboseLabel_en-US" xlink:label="lab_itub_SecuritiesHeldForTradingOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeDesignatedRecognition" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Securities</link:label>
    <link:label id="lab_itub_SecuritiesHeldForTradingOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeDesignatedRecognition_label_en-US" xlink:label="lab_itub_SecuritiesHeldForTradingOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeDesignatedRecognition" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Securities Held For Trading Of Financial Assets At Fair Value Through Other Comprehensive Income Designated Recognition</link:label>
    <link:label id="lab_itub_SecuritiesHeldForTradingOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeDesignatedRecognition_documentation_en-US" xlink:label="lab_itub_SecuritiesHeldForTradingOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeDesignatedRecognition" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Securities Held For Trading Of Financial Assets At Fair Value Through Other Comprehensive Income Designated Recognition</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SecuritiesHeldForTradingOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeDesignatedRecognition" xlink:href="itub-20251231.xsd#itub_SecuritiesHeldForTradingOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeDesignatedRecognition"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SecuritiesHeldForTradingOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeDesignatedRecognition" xlink:to="lab_itub_SecuritiesHeldForTradingOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeDesignatedRecognition" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialLiabilityDesignatedAtFairValueMember_fd609b7b-39f2-478f-a6ae-ce1d1c724860_terseLabel_en-US" xlink:label="lab_itub_FinancialLiabilityDesignatedAtFairValueMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial liabilities designated at fair value</link:label>
    <link:label id="lab_itub_FinancialLiabilityDesignatedAtFairValueMember_label_en-US" xlink:label="lab_itub_FinancialLiabilityDesignatedAtFairValueMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Liability Designated At Fair Value [Member]</link:label>
    <link:label id="lab_itub_FinancialLiabilityDesignatedAtFairValueMember_documentation_en-US" xlink:label="lab_itub_FinancialLiabilityDesignatedAtFairValueMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial Liability Designated At Fair Value [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialLiabilityDesignatedAtFairValueMember" xlink:href="itub-20251231.xsd#itub_FinancialLiabilityDesignatedAtFairValueMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialLiabilityDesignatedAtFairValueMember" xlink:to="lab_itub_FinancialLiabilityDesignatedAtFairValueMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfGeneralAndAdministrativeExpensesTableTextBlock_92cab800-fff9-4160-bdc2-b5ebdfa29e67_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfGeneralAndAdministrativeExpensesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of general and administrative expenses</link:label>
    <link:label id="lab_itub_ScheduleOfGeneralAndAdministrativeExpensesTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfGeneralAndAdministrativeExpensesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of General And Administrative Expenses [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfGeneralAndAdministrativeExpensesTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfGeneralAndAdministrativeExpensesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of General And Administrative Expenses</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfGeneralAndAdministrativeExpensesTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfGeneralAndAdministrativeExpensesTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfGeneralAndAdministrativeExpensesTableTextBlock" xlink:to="lab_itub_ScheduleOfGeneralAndAdministrativeExpensesTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProportionOfVotingPowerHeldInSubsidiary_fa6455a8-0697-4a25-9ef6-44fe9f1b3a70_terseLabel_en-US" xlink:label="lab_ifrs-full_ProportionOfVotingPowerHeldInSubsidiary" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest in voting capital %</link:label>
    <link:label id="lab_ifrs-full_ProportionOfVotingPowerHeldInSubsidiary_label_en-US" xlink:label="lab_ifrs-full_ProportionOfVotingPowerHeldInSubsidiary" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proportion of voting rights held in subsidiary</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProportionOfVotingPowerHeldInSubsidiary" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProportionOfVotingPowerHeldInSubsidiary"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProportionOfVotingPowerHeldInSubsidiary" xlink:to="lab_ifrs-full_ProportionOfVotingPowerHeldInSubsidiary" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfReconciliationOfGrossPortfolioOfLoansTableTextBlock_5152e032-eef3-4a51-993b-f9949d7dc7c8_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfReconciliationOfGrossPortfolioOfLoansTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Reconciliation of Gross Portfolio of Loans</link:label>
    <link:label id="lab_itub_ScheduleOfReconciliationOfGrossPortfolioOfLoansTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfReconciliationOfGrossPortfolioOfLoansTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Reconciliation Of Gross Portfolio Of Loans [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfReconciliationOfGrossPortfolioOfLoansTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfReconciliationOfGrossPortfolioOfLoansTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Reconciliation Of Gross Portfolio Of Loans</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfReconciliationOfGrossPortfolioOfLoansTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfReconciliationOfGrossPortfolioOfLoansTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfReconciliationOfGrossPortfolioOfLoansTableTextBlock" xlink:to="lab_itub_ScheduleOfReconciliationOfGrossPortfolioOfLoansTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_GovernmentSecuritiesLatinAmericaMember_f3aa116c-8fdf-4b8c-ac22-c35ec1aaa939_terseLabel_en-US" xlink:label="lab_itub_GovernmentSecuritiesLatinAmericaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Latin America</link:label>
    <link:label id="lab_itub_GovernmentSecuritiesLatinAmericaMember_label_en-US" xlink:label="lab_itub_GovernmentSecuritiesLatinAmericaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Government securities - Latin America [member]</link:label>
    <link:label id="lab_itub_GovernmentSecuritiesLatinAmericaMember_documentation_en-US" xlink:label="lab_itub_GovernmentSecuritiesLatinAmericaMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Government securities - Latin America [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_GovernmentSecuritiesLatinAmericaMember" xlink:href="itub-20251231.xsd#itub_GovernmentSecuritiesLatinAmericaMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_GovernmentSecuritiesLatinAmericaMember" xlink:to="lab_itub_GovernmentSecuritiesLatinAmericaMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RemainingAccumulatedMember_6ce6e010-62f8-4963-8f6a-f40285390dd2_terseLabel_en-US" xlink:label="lab_itub_RemainingAccumulatedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Remaining Accumulated</link:label>
    <link:label id="lab_itub_RemainingAccumulatedMember_label_en-US" xlink:label="lab_itub_RemainingAccumulatedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Remaining Accumulated [Member]</link:label>
    <link:label id="lab_itub_RemainingAccumulatedMember_documentation_en-US" xlink:label="lab_itub_RemainingAccumulatedMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Remaining Accumulated [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RemainingAccumulatedMember" xlink:href="itub-20251231.xsd#itub_RemainingAccumulatedMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RemainingAccumulatedMember" xlink:to="lab_itub_RemainingAccumulatedMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TaxMember_fe7dc50c-5efd-4249-b051-5a897c3b8bf8_terseLabel_en-US" xlink:label="lab_itub_TaxMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Tax</link:label>
    <link:label id="lab_itub_TaxMember_label_en-US" xlink:label="lab_itub_TaxMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax [Member]</link:label>
    <link:label id="lab_itub_TaxMember_documentation_en-US" xlink:label="lab_itub_TaxMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tax [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TaxMember" xlink:href="itub-20251231.xsd#itub_TaxMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TaxMember" xlink:to="lab_itub_TaxMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SignificantInvestmentsInSubsidiariesDomain_b1456965-b90b-47fb-86a8-0d54ec15b431_terseLabel_en-US" xlink:label="lab_ifrs-full_SignificantInvestmentsInSubsidiariesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsidiaries [domain]</link:label>
    <link:label id="lab_ifrs-full_SignificantInvestmentsInSubsidiariesDomain_label_en-US" xlink:label="lab_ifrs-full_SignificantInvestmentsInSubsidiariesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsidiaries [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SignificantInvestmentsInSubsidiariesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SignificantInvestmentsInSubsidiariesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SignificantInvestmentsInSubsidiariesDomain" xlink:to="lab_ifrs-full_SignificantInvestmentsInSubsidiariesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ConsolidatedAndSeparateFinancialStatementDomain_57439ce7-919b-4f58-b927-6ece12a68c59_terseLabel_en-US" xlink:label="lab_itub_ConsolidatedAndSeparateFinancialStatementDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">ConsolidatedAndSeparateFinancialStatement [Domain]</link:label>
    <link:label id="lab_itub_ConsolidatedAndSeparateFinancialStatementDomain_label_en-US" xlink:label="lab_itub_ConsolidatedAndSeparateFinancialStatementDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">ConsolidatedAndSeparateFinancialStatement [Domain]</link:label>
    <link:label id="lab_itub_ConsolidatedAndSeparateFinancialStatementDomain_documentation_en-US" xlink:label="lab_itub_ConsolidatedAndSeparateFinancialStatementDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">ConsolidatedAndSeparateFinancialStatement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ConsolidatedAndSeparateFinancialStatementDomain" xlink:href="itub-20251231.xsd#itub_ConsolidatedAndSeparateFinancialStatementDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ConsolidatedAndSeparateFinancialStatementDomain" xlink:to="lab_itub_ConsolidatedAndSeparateFinancialStatementDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfAmountsIncurredByEntityForProvisionOfKeyManagementPersonnelServicesProvidedBySeparateManagementEntitiesTable_7fa27abf-7196-4273-a10c-654e63092cb0_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfAmountsIncurredByEntityForProvisionOfKeyManagementPersonnelServicesProvidedBySeparateManagementEntitiesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of amounts incurred by entity for provision of key management personnel services provided by separate management entities [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfAmountsIncurredByEntityForProvisionOfKeyManagementPersonnelServicesProvidedBySeparateManagementEntitiesTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfAmountsIncurredByEntityForProvisionOfKeyManagementPersonnelServicesProvidedBySeparateManagementEntitiesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of amounts incurred by entity for provision of key management personnel services provided by separate management entities [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfAmountsIncurredByEntityForProvisionOfKeyManagementPersonnelServicesProvidedBySeparateManagementEntitiesTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfAmountsIncurredByEntityForProvisionOfKeyManagementPersonnelServicesProvidedBySeparateManagementEntitiesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfAmountsIncurredByEntityForProvisionOfKeyManagementPersonnelServicesProvidedBySeparateManagementEntitiesTable" xlink:to="lab_ifrs-full_DisclosureOfAmountsIncurredByEntityForProvisionOfKeyManagementPersonnelServicesProvidedBySeparateManagementEntitiesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ClaimsAndBenefitsPaidNetOfReinsuranceRecoveries_019da911-0b8f-7629-844c-e4390e2aae71_negatedTerseLabel_en-US" xlink:label="lab_itub_ClaimsAndBenefitsPaidNetOfReinsuranceRecoveries" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Claims</link:label>
    <link:label id="lab_itub_ClaimsAndBenefitsPaidNetOfReinsuranceRecoveries_label_en-US" xlink:label="lab_itub_ClaimsAndBenefitsPaidNetOfReinsuranceRecoveries" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Claims</link:label>
    <link:label id="lab_itub_ClaimsAndBenefitsPaidNetOfReinsuranceRecoveries_documentation_en-US" xlink:label="lab_itub_ClaimsAndBenefitsPaidNetOfReinsuranceRecoveries" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Claims</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ClaimsAndBenefitsPaidNetOfReinsuranceRecoveries" xlink:href="itub-20251231.xsd#itub_ClaimsAndBenefitsPaidNetOfReinsuranceRecoveries"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ClaimsAndBenefitsPaidNetOfReinsuranceRecoveries" xlink:to="lab_itub_ClaimsAndBenefitsPaidNetOfReinsuranceRecoveries" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InvestmentHoldingDomain_eb61824e-4bfa-469c-96e9-4c92a906feb4_terseLabel_en-US" xlink:label="lab_itub_InvestmentHoldingDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">InvestmentHoldingDomain</link:label>
    <link:label id="lab_itub_InvestmentHoldingDomain_label_en-US" xlink:label="lab_itub_InvestmentHoldingDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">InvestmentHolding [Domain]</link:label>
    <link:label id="lab_itub_InvestmentHoldingDomain_documentation_en-US" xlink:label="lab_itub_InvestmentHoldingDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">InvestmentHolding</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InvestmentHoldingDomain" xlink:href="itub-20251231.xsd#itub_InvestmentHoldingDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InvestmentHoldingDomain" xlink:to="lab_itub_InvestmentHoldingDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfCreditRiskExposureExplanatory_b569b0db-9475-4d41-9407-1d1f55b9a5a4_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfCreditRiskExposureExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Maximum Exposure of Financial Assets to Credit Risk</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfCreditRiskExposureExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfCreditRiskExposureExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of credit risk exposure [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfCreditRiskExposureExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfCreditRiskExposureExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfCreditRiskExposureExplanatory" xlink:to="lab_ifrs-full_DisclosureOfCreditRiskExposureExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_BSFHoldingSAMember_398543a8-d3e1-4816-9aa5-c10a4ef9932a_terseLabel_en-US" xlink:label="lab_itub_BSFHoldingSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">BSF Holding S.A.</link:label>
    <link:label id="lab_itub_BSFHoldingSAMember_label_en-US" xlink:label="lab_itub_BSFHoldingSAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">B S F Holding S A [Member]</link:label>
    <link:label id="lab_itub_BSFHoldingSAMember_documentation_en-US" xlink:label="lab_itub_BSFHoldingSAMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">B S F Holding S A [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_BSFHoldingSAMember" xlink:href="itub-20251231.xsd#itub_BSFHoldingSAMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_BSFHoldingSAMember" xlink:to="lab_itub_BSFHoldingSAMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BorrowingsByNameAxis_12d13c45-a50d-4a2f-91a9-160225d3228f_terseLabel_en-US" xlink:label="lab_ifrs-full_BorrowingsByNameAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Borrowings by name [axis]</link:label>
    <link:label id="lab_ifrs-full_BorrowingsByNameAxis_label_en-US" xlink:label="lab_ifrs-full_BorrowingsByNameAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings by name [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BorrowingsByNameAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BorrowingsByNameAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BorrowingsByNameAxis" xlink:to="lab_ifrs-full_BorrowingsByNameAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestMember_019c75e6-be49-728d-a267-4af9e6527b7f_terseLabel_en-US" xlink:label="lab_itub_InterestMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest</link:label>
    <link:label id="lab_itub_InterestMember_label_en-US" xlink:label="lab_itub_InterestMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest [Member]</link:label>
    <link:label id="lab_itub_InterestMember_documentation_en-US" xlink:label="lab_itub_InterestMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestMember" xlink:href="itub-20251231.xsd#itub_InterestMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestMember" xlink:to="lab_itub_InterestMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TwoThousandAndFortyTwoMember_1830b2ae-1e95-4cfe-bb40-3925afbe8ce7_terseLabel_en-US" xlink:label="lab_itub_TwoThousandAndFortyTwoMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2042</link:label>
    <link:label id="lab_itub_TwoThousandAndFortyTwoMember_label_en-US" xlink:label="lab_itub_TwoThousandAndFortyTwoMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Two Thousand And Forty Two [Member]</link:label>
    <link:label id="lab_itub_TwoThousandAndFortyTwoMember_documentation_en-US" xlink:label="lab_itub_TwoThousandAndFortyTwoMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Two Thousand And Forty Two [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TwoThousandAndFortyTwoMember" xlink:href="itub-20251231.xsd#itub_TwoThousandAndFortyTwoMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TwoThousandAndFortyTwoMember" xlink:to="lab_itub_TwoThousandAndFortyTwoMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_NetCashOutflowsTotaledAverage_98f823c0-cbae-47a7-b2b3-e6c8d6eafbfb_terseLabel_en-US" xlink:label="lab_itub_NetCashOutflowsTotaledAverage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net cash outflows totaled average</link:label>
    <link:label id="lab_itub_NetCashOutflowsTotaledAverage_label_en-US" xlink:label="lab_itub_NetCashOutflowsTotaledAverage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Outflows Totaled Average</link:label>
    <link:label id="lab_itub_NetCashOutflowsTotaledAverage_documentation_en-US" xlink:label="lab_itub_NetCashOutflowsTotaledAverage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net Cash Outflows Totaled Average</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_NetCashOutflowsTotaledAverage" xlink:href="itub-20251231.xsd#itub_NetCashOutflowsTotaledAverage"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_NetCashOutflowsTotaledAverage" xlink:to="lab_itub_NetCashOutflowsTotaledAverage" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestOnCapitalTwoMember_3a5db972-8b3e-423c-877d-90b426533058_terseLabel_en-US" xlink:label="lab_itub_InterestOnCapitalTwoMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest On Capital Two</link:label>
    <link:label id="lab_itub_InterestOnCapitalTwoMember_label_en-US" xlink:label="lab_itub_InterestOnCapitalTwoMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest On Capital Two [Member]</link:label>
    <link:label id="lab_itub_InterestOnCapitalTwoMember_documentation_en-US" xlink:label="lab_itub_InterestOnCapitalTwoMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest On Capital Two [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestOnCapitalTwoMember" xlink:href="itub-20251231.xsd#itub_InterestOnCapitalTwoMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestOnCapitalTwoMember" xlink:to="lab_itub_InterestOnCapitalTwoMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CommissionsAndBankingFeesTextBlock_f0710e5b-57a3-4042-9474-502f7bffddf4_terseLabel_en-US" xlink:label="lab_itub_CommissionsAndBankingFeesTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commissions and banking fees</link:label>
    <link:label id="lab_itub_CommissionsAndBankingFeesTextBlock_label_en-US" xlink:label="lab_itub_CommissionsAndBankingFeesTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commissions and banking fees [Text Block]</link:label>
    <link:label id="lab_itub_CommissionsAndBankingFeesTextBlock_documentation_en-US" xlink:label="lab_itub_CommissionsAndBankingFeesTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Commissions and banking fees</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CommissionsAndBankingFeesTextBlock" xlink:href="itub-20251231.xsd#itub_CommissionsAndBankingFeesTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CommissionsAndBankingFeesTextBlock" xlink:to="lab_itub_CommissionsAndBankingFeesTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDepositsFromCustomersExplanatory_7bf8825e-f246-48a2-99ef-dc399115dc2d_verboseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDepositsFromCustomersExplanatory" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Deposits</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDepositsFromCustomersExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDepositsFromCustomersExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of deposits from customers [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDepositsFromCustomersExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDepositsFromCustomersExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDepositsFromCustomersExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDepositsFromCustomersExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherFinancialAssetsThroughProfitOrLoss_7826b013-dc70-47bf-8406-de8047933816_verboseLabel_en-US" xlink:label="lab_itub_OtherFinancialAssetsThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other financial assets</link:label>
    <link:label id="lab_itub_OtherFinancialAssetsThroughProfitOrLoss_label_en-US" xlink:label="lab_itub_OtherFinancialAssetsThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Financial Assets Through Profit Or Loss</link:label>
    <link:label id="lab_itub_OtherFinancialAssetsThroughProfitOrLoss_documentation_en-US" xlink:label="lab_itub_OtherFinancialAssetsThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Financial Assets Through Profit Or Loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherFinancialAssetsThroughProfitOrLoss" xlink:href="itub-20251231.xsd#itub_OtherFinancialAssetsThroughProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherFinancialAssetsThroughProfitOrLoss" xlink:to="lab_itub_OtherFinancialAssetsThroughProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CentralBankCompulsoryDeposits_74343033-53a9-4694-9bb3-9ffc3642ded7_verboseLabel_en-US" xlink:label="lab_itub_CentralBankCompulsoryDeposits" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Central Bank of Brazil deposits</link:label>
    <link:label id="lab_itub_CentralBankCompulsoryDeposits_label_en-US" xlink:label="lab_itub_CentralBankCompulsoryDeposits" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Central Bank Compulsory Deposits</link:label>
    <link:label id="lab_itub_CentralBankCompulsoryDeposits_documentation_en-US" xlink:label="lab_itub_CentralBankCompulsoryDeposits" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Central Bank Compulsory Deposits</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CentralBankCompulsoryDeposits" xlink:href="itub-20251231.xsd#itub_CentralBankCompulsoryDeposits"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CentralBankCompulsoryDeposits" xlink:to="lab_itub_CentralBankCompulsoryDeposits" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IncomeRelatedToInsuranceAndPrivatePensionOperationsBeforeClaimAndSellingExpenses_b6762ceb-4da9-4ba6-ad6a-b735187395df_terseLabel_en-US" xlink:label="lab_itub_IncomeRelatedToInsuranceAndPrivatePensionOperationsBeforeClaimAndSellingExpenses" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income from insurance and private pension operations before claim and selling expenses</link:label>
    <link:label id="lab_itub_IncomeRelatedToInsuranceAndPrivatePensionOperationsBeforeClaimAndSellingExpenses_7222867d-158d-4645-8fda-de49aad86cb1_verboseLabel_en-US" xlink:label="lab_itub_IncomeRelatedToInsuranceAndPrivatePensionOperationsBeforeClaimAndSellingExpenses" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Income from insurance contracts and private pension</link:label>
    <link:label id="lab_itub_IncomeRelatedToInsuranceAndPrivatePensionOperationsBeforeClaimAndSellingExpenses_label_en-US" xlink:label="lab_itub_IncomeRelatedToInsuranceAndPrivatePensionOperationsBeforeClaimAndSellingExpenses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Related To Insurance And Private Pension Operations Before Claim And Selling Expenses</link:label>
    <link:label id="lab_itub_IncomeRelatedToInsuranceAndPrivatePensionOperationsBeforeClaimAndSellingExpenses_documentation_en-US" xlink:label="lab_itub_IncomeRelatedToInsuranceAndPrivatePensionOperationsBeforeClaimAndSellingExpenses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Income Related To Insurance And Private Pension Operations Before Claim And Selling Expenses</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IncomeRelatedToInsuranceAndPrivatePensionOperationsBeforeClaimAndSellingExpenses" xlink:href="itub-20251231.xsd#itub_IncomeRelatedToInsuranceAndPrivatePensionOperationsBeforeClaimAndSellingExpenses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IncomeRelatedToInsuranceAndPrivatePensionOperationsBeforeClaimAndSellingExpenses" xlink:to="lab_itub_IncomeRelatedToInsuranceAndPrivatePensionOperationsBeforeClaimAndSellingExpenses" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillDomain_4ab878ff-a379-4b72-9448-da0087579ffb_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of intangible assets and goodwill [domain]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of intangible assets and goodwill [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfIntangibleAssetsAndGoodwillDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillDomain" xlink:to="lab_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CreditFacilitiesAvailableForFinancingOfImportsAndExportsMember_9d7c73ce-3d41-48d9-b7fa-08b23fd7ed0d_terseLabel_en-US" xlink:label="lab_itub_CreditFacilitiesAvailableForFinancingOfImportsAndExportsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Import and export financing</link:label>
    <link:label id="lab_itub_CreditFacilitiesAvailableForFinancingOfImportsAndExportsMember_label_en-US" xlink:label="lab_itub_CreditFacilitiesAvailableForFinancingOfImportsAndExportsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Facilities Available For Financing Of Imports And Exports [Member]</link:label>
    <link:label id="lab_itub_CreditFacilitiesAvailableForFinancingOfImportsAndExportsMember_documentation_en-US" xlink:label="lab_itub_CreditFacilitiesAvailableForFinancingOfImportsAndExportsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Credit Facilities Available For Financing Of Imports And Exports [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CreditFacilitiesAvailableForFinancingOfImportsAndExportsMember" xlink:href="itub-20251231.xsd#itub_CreditFacilitiesAvailableForFinancingOfImportsAndExportsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CreditFacilitiesAvailableForFinancingOfImportsAndExportsMember" xlink:to="lab_itub_CreditFacilitiesAvailableForFinancingOfImportsAndExportsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_HedgingInstrumentAssets_019c8b63-a7b3-74dc-b9f6-73f3af663f8b_verboseLabel_en-US" xlink:label="lab_ifrs-full_HedgingInstrumentAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Book value, assets</link:label>
    <link:label id="lab_ifrs-full_HedgingInstrumentAssets_label_en-US" xlink:label="lab_ifrs-full_HedgingInstrumentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedging instrument, assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_HedgingInstrumentAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_HedgingInstrumentAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_HedgingInstrumentAssets" xlink:to="lab_ifrs-full_HedgingInstrumentAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ItauColombiaS.A.Member_019c7499-49fb-79f2-8e21-7051f3f3505c_terseLabel_en-US" xlink:label="lab_itub_ItauColombiaS.A.Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ita&#250; Colombia S.A.</link:label>
    <link:label id="lab_itub_ItauColombiaS.A.Member_label_en-US" xlink:label="lab_itub_ItauColombiaS.A.Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Itau Colombia S.A. [Member]</link:label>
    <link:label id="lab_itub_ItauColombiaS.A.Member_documentation_en-US" xlink:label="lab_itub_ItauColombiaS.A.Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Itau Colombia S.A.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ItauColombiaS.A.Member" xlink:href="itub-20251231.xsd#itub_ItauColombiaS.A.Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ItauColombiaS.A.Member" xlink:to="lab_itub_ItauColombiaS.A.Member" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ItauBankLtdMember_b944eeb1-e99d-4c2e-a2c1-b9ca1976a812_terseLabel_en-US" xlink:label="lab_itub_ItauBankLtdMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Itau Bank, Ltd.</link:label>
    <link:label id="lab_itub_ItauBankLtdMember_label_en-US" xlink:label="lab_itub_ItauBankLtdMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Itau Bank, Ltd. [Member]</link:label>
    <link:label id="lab_itub_ItauBankLtdMember_documentation_en-US" xlink:label="lab_itub_ItauBankLtdMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Itau Bank, Ltd. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ItauBankLtdMember" xlink:href="itub-20251231.xsd#itub_ItauBankLtdMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ItauBankLtdMember" xlink:to="lab_itub_ItauBankLtdMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ItauVidaePrevidenciaSAMember_4cf97594-3905-4b62-91b6-dd952f38d928_terseLabel_en-US" xlink:label="lab_itub_ItauVidaePrevidenciaSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ita&#250; Vida e Previd&#234;ncia S.A.</link:label>
    <link:label id="lab_itub_ItauVidaePrevidenciaSAMember_label_en-US" xlink:label="lab_itub_ItauVidaePrevidenciaSAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Itau Vida e Previdencia S.A. [Member]</link:label>
    <link:label id="lab_itub_ItauVidaePrevidenciaSAMember_documentation_en-US" xlink:label="lab_itub_ItauVidaePrevidenciaSAMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Itau Vida e Previdencia S.A.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ItauVidaePrevidenciaSAMember" xlink:href="itub-20251231.xsd#itub_ItauVidaePrevidenciaSAMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ItauVidaePrevidenciaSAMember" xlink:to="lab_itub_ItauVidaePrevidenciaSAMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScenarioThreeMember_de6a19c0-7888-4376-b91a-324aaa3a692d_terseLabel_en-US" xlink:label="lab_itub_ScenarioThreeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Scenario III</link:label>
    <link:label id="lab_itub_ScenarioThreeMember_label_en-US" xlink:label="lab_itub_ScenarioThreeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Scenario Three [Member]</link:label>
    <link:label id="lab_itub_ScenarioThreeMember_documentation_en-US" xlink:label="lab_itub_ScenarioThreeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Scenario Three [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScenarioThreeMember" xlink:href="itub-20251231.xsd#itub_ScenarioThreeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScenarioThreeMember" xlink:to="lab_itub_ScenarioThreeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherItemsReflectedInIncomeStockholderEquityMember_76a7a2fe-31e5-45fc-8e59-f37d973961a0_terseLabel_en-US" xlink:label="lab_itub_OtherItemsReflectedInIncomeStockholderEquityMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_itub_OtherItemsReflectedInIncomeStockholderEquityMember_label_en-US" xlink:label="lab_itub_OtherItemsReflectedInIncomeStockholderEquityMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Items Reflected In Income Stockholder Equity [Member]</link:label>
    <link:label id="lab_itub_OtherItemsReflectedInIncomeStockholderEquityMember_documentation_en-US" xlink:label="lab_itub_OtherItemsReflectedInIncomeStockholderEquityMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Items Reflected In Income Stockholder Equity [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherItemsReflectedInIncomeStockholderEquityMember" xlink:href="itub-20251231.xsd#itub_OtherItemsReflectedInIncomeStockholderEquityMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherItemsReflectedInIncomeStockholderEquityMember" xlink:to="lab_itub_OtherItemsReflectedInIncomeStockholderEquityMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_StagesTwoAndThreeMember_9ce0c285-11ae-4279-8bd0-4d05461d74ac_terseLabel_en-US" xlink:label="lab_itub_StagesTwoAndThreeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stages 2 and 3</link:label>
    <link:label id="lab_itub_StagesTwoAndThreeMember_label_en-US" xlink:label="lab_itub_StagesTwoAndThreeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stages 2 and 3 [Member]</link:label>
    <link:label id="lab_itub_StagesTwoAndThreeMember_documentation_en-US" xlink:label="lab_itub_StagesTwoAndThreeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Stages 2 and 3 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_StagesTwoAndThreeMember" xlink:href="itub-20251231.xsd#itub_StagesTwoAndThreeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_StagesTwoAndThreeMember" xlink:to="lab_itub_StagesTwoAndThreeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SecuritiesAtAmortizedCostMember_019d649e-4d7d-704b-a3ee-988503df45eb_terseLabel_en-US" xlink:label="lab_itub_SecuritiesAtAmortizedCostMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Securities At Amortized Cost</link:label>
    <link:label id="lab_itub_SecuritiesAtAmortizedCostMember_label_en-US" xlink:label="lab_itub_SecuritiesAtAmortizedCostMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Securities At Amortized Cost [Member]</link:label>
    <link:label id="lab_itub_SecuritiesAtAmortizedCostMember_documentation_en-US" xlink:label="lab_itub_SecuritiesAtAmortizedCostMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Securities At Amortized Cost</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SecuritiesAtAmortizedCostMember" xlink:href="itub-20251231.xsd#itub_SecuritiesAtAmortizedCostMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SecuritiesAtAmortizedCostMember" xlink:to="lab_itub_SecuritiesAtAmortizedCostMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RedecardInstituioDePagamentoS.a.Member_900a0306-662a-4b7c-8650-a0f9ef1bb08f_terseLabel_en-US" xlink:label="lab_itub_RedecardInstituioDePagamentoS.a.Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Redecard Institui&#231;&#227;o de Pagamento S.A.</link:label>
    <link:label id="lab_itub_RedecardInstituioDePagamentoS.a.Member_label_en-US" xlink:label="lab_itub_RedecardInstituioDePagamentoS.a.Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Redecard Instituio de Pagamento S.A. [Member]</link:label>
    <link:label id="lab_itub_RedecardInstituioDePagamentoS.a.Member_documentation_en-US" xlink:label="lab_itub_RedecardInstituioDePagamentoS.a.Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Redecard Institui&amp;amp;#63;&amp;amp;#63;o de Pagamento S.A.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RedecardInstituioDePagamentoS.a.Member" xlink:href="itub-20251231.xsd#itub_RedecardInstituioDePagamentoS.a.Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RedecardInstituioDePagamentoS.a.Member" xlink:to="lab_itub_RedecardInstituioDePagamentoS.a.Member" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_GuaranteesByTypeDomain_c72b228f-8d9b-4b3d-9de0-f18f596dcf53_terseLabel_en-US" xlink:label="lab_itub_GuaranteesByTypeDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">GuaranteesByType [Domain]</link:label>
    <link:label id="lab_itub_GuaranteesByTypeDomain_label_en-US" xlink:label="lab_itub_GuaranteesByTypeDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">GuaranteesByType [Domain]</link:label>
    <link:label id="lab_itub_GuaranteesByTypeDomain_documentation_en-US" xlink:label="lab_itub_GuaranteesByTypeDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">GuaranteesByType</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_GuaranteesByTypeDomain" xlink:href="itub-20251231.xsd#itub_GuaranteesByTypeDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_GuaranteesByTypeDomain" xlink:to="lab_itub_GuaranteesByTypeDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TreasurySharesBonusSharesIssued_019c91ca-1465-779e-9129-4b5f7732100e_terseLabel_en-US" xlink:label="lab_itub_TreasurySharesBonusSharesIssued" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bonus shares (in shares)</link:label>
    <link:label id="lab_itub_TreasurySharesBonusSharesIssued_label_en-US" xlink:label="lab_itub_TreasurySharesBonusSharesIssued" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Treasury Shares, Bonus Shares Issued</link:label>
    <link:label id="lab_itub_TreasurySharesBonusSharesIssued_documentation_en-US" xlink:label="lab_itub_TreasurySharesBonusSharesIssued" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Treasury Shares, Bonus Shares Issued</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TreasurySharesBonusSharesIssued" xlink:href="itub-20251231.xsd#itub_TreasurySharesBonusSharesIssued"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TreasurySharesBonusSharesIssued" xlink:to="lab_itub_TreasurySharesBonusSharesIssued" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInWorkingCapital_019d6ab3-c93c-7d96-b191-feb20b82d7c5_negatedTotalLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInWorkingCapital" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US">Change in assets and liabilities</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInWorkingCapital_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInWorkingCapital" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) in working capital</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseInWorkingCapital" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseInWorkingCapital"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseInWorkingCapital" xlink:to="lab_ifrs-full_IncreaseDecreaseInWorkingCapital" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ProvisionForCivilLawsuits_480f6752-64d7-4bed-8d7b-03e65ba52c00_negatedLabel_en-US" xlink:label="lab_itub_ProvisionForCivilLawsuits" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Provision for lawsuits civil</link:label>
    <link:label id="lab_itub_ProvisionForCivilLawsuits_label_en-US" xlink:label="lab_itub_ProvisionForCivilLawsuits" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Provision For Civil Lawsuits</link:label>
    <link:label id="lab_itub_ProvisionForCivilLawsuits_documentation_en-US" xlink:label="lab_itub_ProvisionForCivilLawsuits" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Provision For Civil Lawsuits</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ProvisionForCivilLawsuits" xlink:href="itub-20251231.xsd#itub_ProvisionForCivilLawsuits"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ProvisionForCivilLawsuits" xlink:to="lab_itub_ProvisionForCivilLawsuits" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TransferFromLifetimeExpectedCreditLossesNotCreditImpairedMember_019d55bc-bed1-7d4f-b4a5-ff7499ec0562_terseLabel_en-US" xlink:label="lab_itub_TransferFromLifetimeExpectedCreditLossesNotCreditImpairedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cure from stage 2</link:label>
    <link:label id="lab_itub_TransferFromLifetimeExpectedCreditLossesNotCreditImpairedMember_label_en-US" xlink:label="lab_itub_TransferFromLifetimeExpectedCreditLossesNotCreditImpairedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfer From Lifetime Expected Credit Losses Not Credit Impaired [Member]</link:label>
    <link:label id="lab_itub_TransferFromLifetimeExpectedCreditLossesNotCreditImpairedMember_documentation_en-US" xlink:label="lab_itub_TransferFromLifetimeExpectedCreditLossesNotCreditImpairedMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Transfer From Lifetime Expected Credit Losses Not Credit Impaired</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TransferFromLifetimeExpectedCreditLossesNotCreditImpairedMember" xlink:href="itub-20251231.xsd#itub_TransferFromLifetimeExpectedCreditLossesNotCreditImpairedMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TransferFromLifetimeExpectedCreditLossesNotCreditImpairedMember" xlink:to="lab_itub_TransferFromLifetimeExpectedCreditLossesNotCreditImpairedMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfTheEffectOfHedgeAccountingOnTheFinancialPositionAndPerformanceTableTextBlock_03126f9b-4961-4faf-81a4-5f2763ccefbc_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfTheEffectOfHedgeAccountingOnTheFinancialPositionAndPerformanceTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of the Effect of Hedge Accounting on the Financial Position and Performance</link:label>
    <link:label id="lab_itub_ScheduleOfTheEffectOfHedgeAccountingOnTheFinancialPositionAndPerformanceTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfTheEffectOfHedgeAccountingOnTheFinancialPositionAndPerformanceTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of the effect of hedge accounting on the financial position and performance [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfTheEffectOfHedgeAccountingOnTheFinancialPositionAndPerformanceTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfTheEffectOfHedgeAccountingOnTheFinancialPositionAndPerformanceTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of the effect of hedge accounting on the financial position and performance</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfTheEffectOfHedgeAccountingOnTheFinancialPositionAndPerformanceTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfTheEffectOfHedgeAccountingOnTheFinancialPositionAndPerformanceTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfTheEffectOfHedgeAccountingOnTheFinancialPositionAndPerformanceTableTextBlock" xlink:to="lab_itub_ScheduleOfTheEffectOfHedgeAccountingOnTheFinancialPositionAndPerformanceTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CustodyServices_fe650def-5ec2-484e-8812-1bb208a67033_negatedLabel_en-US" xlink:label="lab_itub_CustodyServices" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Custody services</link:label>
    <link:label id="lab_itub_CustodyServices_label_en-US" xlink:label="lab_itub_CustodyServices" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Custody Services</link:label>
    <link:label id="lab_itub_CustodyServices_documentation_en-US" xlink:label="lab_itub_CustodyServices" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Custody Services</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CustodyServices" xlink:href="itub-20251231.xsd#itub_CustodyServices"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CustodyServices" xlink:to="lab_itub_CustodyServices" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_QuotedInAnActiveMarketMember_664b6916-d00a-4953-8cad-75a73c95a639_terseLabel_en-US" xlink:label="lab_itub_QuotedInAnActiveMarketMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Quoted in an active market</link:label>
    <link:label id="lab_itub_QuotedInAnActiveMarketMember_label_en-US" xlink:label="lab_itub_QuotedInAnActiveMarketMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Quoted In An Active Market [Member]</link:label>
    <link:label id="lab_itub_QuotedInAnActiveMarketMember_documentation_en-US" xlink:label="lab_itub_QuotedInAnActiveMarketMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Quoted In An Active Market [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_QuotedInAnActiveMarketMember" xlink:href="itub-20251231.xsd#itub_QuotedInAnActiveMarketMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_QuotedInAnActiveMarketMember" xlink:to="lab_itub_QuotedInAnActiveMarketMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainsLossesOnChangeInValueOfForeignCurrencyBasisSpreadsNetOfTax_78df063f-393a-4b46-9a35-f819903d40e6_terseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnChangeInValueOfForeignCurrencyBasisSpreadsNetOfTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign currency conversion reserve</link:label>
    <link:label id="lab_ifrs-full_GainsLossesOnChangeInValueOfForeignCurrencyBasisSpreadsNetOfTax_label_en-US" xlink:label="lab_ifrs-full_GainsLossesOnChangeInValueOfForeignCurrencyBasisSpreadsNetOfTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (losses) on change in value of foreign currency basis spreads, net of tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesOnChangeInValueOfForeignCurrencyBasisSpreadsNetOfTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesOnChangeInValueOfForeignCurrencyBasisSpreadsNetOfTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesOnChangeInValueOfForeignCurrencyBasisSpreadsNetOfTax" xlink:to="lab_ifrs-full_GainsLossesOnChangeInValueOfForeignCurrencyBasisSpreadsNetOfTax" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentTaxLiabilitiesNoncurrent_830f4bf0-000d-41c2-a49c-0e93eb3a6851_verboseLabel_en-US" xlink:label="lab_ifrs-full_CurrentTaxLiabilitiesNoncurrent" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Non-current</link:label>
    <link:label id="lab_ifrs-full_CurrentTaxLiabilitiesNoncurrent_label_en-US" xlink:label="lab_ifrs-full_CurrentTaxLiabilitiesNoncurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current tax liabilities, non-current</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentTaxLiabilitiesNoncurrent" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentTaxLiabilitiesNoncurrent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentTaxLiabilitiesNoncurrent" xlink:to="lab_ifrs-full_CurrentTaxLiabilitiesNoncurrent" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_UndiscountedFinanceLeasePaymentsToBeReceived_822b6efc-32dc-41d1-9844-521a1f22bf6f_terseLabel_en-US" xlink:label="lab_ifrs-full_UndiscountedFinanceLeasePaymentsToBeReceived" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Present value</link:label>
    <link:label id="lab_ifrs-full_UndiscountedFinanceLeasePaymentsToBeReceived_label_en-US" xlink:label="lab_ifrs-full_UndiscountedFinanceLeasePaymentsToBeReceived" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Undiscounted finance lease payments to be received</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_UndiscountedFinanceLeasePaymentsToBeReceived" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_UndiscountedFinanceLeasePaymentsToBeReceived"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_UndiscountedFinanceLeasePaymentsToBeReceived" xlink:to="lab_ifrs-full_UndiscountedFinanceLeasePaymentsToBeReceived" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_StageOneMember_869322cd-9a3f-47d0-9f8f-b4952a4b6c37_terseLabel_en-US" xlink:label="lab_itub_StageOneMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stage 1</link:label>
    <link:label id="lab_itub_StageOneMember_label_en-US" xlink:label="lab_itub_StageOneMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stage One [Member]</link:label>
    <link:label id="lab_itub_StageOneMember_documentation_en-US" xlink:label="lab_itub_StageOneMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Stage One [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_StageOneMember" xlink:href="itub-20251231.xsd#itub_StageOneMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_StageOneMember" xlink:to="lab_itub_StageOneMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OneYearBeforeReportingYearMember_662bffab-4244-42da-bd79-fb4452479807_terseLabel_en-US" xlink:label="lab_ifrs-full_OneYearBeforeReportingYearMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">12/31/2024</link:label>
    <link:label id="lab_ifrs-full_OneYearBeforeReportingYearMember_label_en-US" xlink:label="lab_ifrs-full_OneYearBeforeReportingYearMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">One year before reporting year [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OneYearBeforeReportingYearMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OneYearBeforeReportingYearMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OneYearBeforeReportingYearMember" xlink:to="lab_ifrs-full_OneYearBeforeReportingYearMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OthersLiabilities_019d987e-3615-78a0-838b-05b404592d44_negatedLabel_en-US" xlink:label="lab_itub_OthersLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Other liabilities</link:label>
    <link:label id="lab_itub_OthersLiabilities_label_en-US" xlink:label="lab_itub_OthersLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Others Liabilities</link:label>
    <link:label id="lab_itub_OthersLiabilities_documentation_en-US" xlink:label="lab_itub_OthersLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Others Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OthersLiabilities" xlink:href="itub-20251231.xsd#itub_OthersLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OthersLiabilities" xlink:to="lab_itub_OthersLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable_23846e86-a94e-4be4-a4d7-9c699f868e00_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of transactions between related parties [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of transactions between related parties [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ProvisionForProfitSharingMember_849d7315-3a1d-42be-b1ce-80acbd1e7b1e_terseLabel_en-US" xlink:label="lab_itub_ProvisionForProfitSharingMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Provision for profit sharing</link:label>
    <link:label id="lab_itub_ProvisionForProfitSharingMember_label_en-US" xlink:label="lab_itub_ProvisionForProfitSharingMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Provision For Profit Sharing [Member]</link:label>
    <link:label id="lab_itub_ProvisionForProfitSharingMember_documentation_en-US" xlink:label="lab_itub_ProvisionForProfitSharingMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Provision For Profit Sharing [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ProvisionForProfitSharingMember" xlink:href="itub-20251231.xsd#itub_ProvisionForProfitSharingMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ProvisionForProfitSharingMember" xlink:to="lab_itub_ProvisionForProfitSharingMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DepreciationPropertyPlantAndEquipment_7d96a1f1-44e2-4fed-b3cb-dfb63269605c_negatedLabel_en-US" xlink:label="lab_ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Depreciation</link:label>
    <link:label id="lab_ifrs-full_DepreciationPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Depreciation, property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DepreciationPropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypesOfHedgesAxis_d068b85d-7adc-43b1-bb44-c0c6048dc10c_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfHedgesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types of hedges [axis]</link:label>
    <link:label id="lab_ifrs-full_TypesOfHedgesAxis_label_en-US" xlink:label="lab_ifrs-full_TypesOfHedgesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Types of hedges [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfHedgesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfHedgesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfHedgesAxis" xlink:to="lab_ifrs-full_TypesOfHedgesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AttributionOfExpensesByNatureToTheirFunctionAxis_462215d3-8341-4ff0-b241-666e57b8ef2c_terseLabel_en-US" xlink:label="lab_ifrs-full_AttributionOfExpensesByNatureToTheirFunctionAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Attribution of expenses by nature to their function [axis]</link:label>
    <link:label id="lab_ifrs-full_AttributionOfExpensesByNatureToTheirFunctionAxis_label_en-US" xlink:label="lab_ifrs-full_AttributionOfExpensesByNatureToTheirFunctionAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Attribution of expenses by nature to their function [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AttributionOfExpensesByNatureToTheirFunctionAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AttributionOfExpensesByNatureToTheirFunctionAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AttributionOfExpensesByNatureToTheirFunctionAxis" xlink:to="lab_ifrs-full_AttributionOfExpensesByNatureToTheirFunctionAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CommitmentsToBeReleasedMember_d6e2d46f-a052-441a-870f-29c38eaf21c6_terseLabel_en-US" xlink:label="lab_itub_CommitmentsToBeReleasedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit commitments</link:label>
    <link:label id="lab_itub_CommitmentsToBeReleasedMember_label_en-US" xlink:label="lab_itub_CommitmentsToBeReleasedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commitments To Be Released [Member]</link:label>
    <link:label id="lab_itub_CommitmentsToBeReleasedMember_documentation_en-US" xlink:label="lab_itub_CommitmentsToBeReleasedMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Commitments To Be Released [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CommitmentsToBeReleasedMember" xlink:href="itub-20251231.xsd#itub_CommitmentsToBeReleasedMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CommitmentsToBeReleasedMember" xlink:to="lab_itub_CommitmentsToBeReleasedMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_MediumMember_1a8634af-7b28-4866-bcce-a53fe13789d6_terseLabel_en-US" xlink:label="lab_itub_MediumMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Medium</link:label>
    <link:label id="lab_itub_MediumMember_label_en-US" xlink:label="lab_itub_MediumMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Medium [Member]</link:label>
    <link:label id="lab_itub_MediumMember_documentation_en-US" xlink:label="lab_itub_MediumMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Medium [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_MediumMember" xlink:href="itub-20251231.xsd#itub_MediumMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_MediumMember" xlink:to="lab_itub_MediumMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember_26c03d60-81d5-4d20-a906-4c1d46775d75_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">From five to ten years</link:label>
    <link:label id="lab_ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than five years and not later than ten years [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember" xlink:to="lab_ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ReversalOfRevenuesFromDepreciationInExcess_2beeb713-d59c-4fb9-b5a8-d083d9e61648_terseLabel_en-US" xlink:label="lab_itub_ReversalOfRevenuesFromDepreciationInExcess" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reversal of revenues from depreciation in excess</link:label>
    <link:label id="lab_itub_ReversalOfRevenuesFromDepreciationInExcess_label_en-US" xlink:label="lab_itub_ReversalOfRevenuesFromDepreciationInExcess" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reversal Of Revenues From Depreciation In Excess</link:label>
    <link:label id="lab_itub_ReversalOfRevenuesFromDepreciationInExcess_documentation_en-US" xlink:label="lab_itub_ReversalOfRevenuesFromDepreciationInExcess" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Reversal Of Revenues From Depreciation In Excess</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ReversalOfRevenuesFromDepreciationInExcess" xlink:href="itub-20251231.xsd#itub_ReversalOfRevenuesFromDepreciationInExcess"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ReversalOfRevenuesFromDepreciationInExcess" xlink:to="lab_itub_ReversalOfRevenuesFromDepreciationInExcess" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable_89ff33ad-a8f4-41a7-b8ad-2fa7e20b4024_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of non-adjusting events after reporting period [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of non-adjusting events after reporting period [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:to="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember_9a71aaaa-695b-4c2a-b95d-eef87d09be80_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">From 3 to 5 years</link:label>
    <link:label id="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than three years and not later than five years [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xlink:to="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfReconciliationOfInsuranceTableTextBlock_ca841ce6-c23f-4f4d-8a07-2302f41fa280_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfReconciliationOfInsuranceTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Reconciliation of Insurance</link:label>
    <link:label id="lab_itub_ScheduleOfReconciliationOfInsuranceTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfReconciliationOfInsuranceTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Reconciliation Of Insurance [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfReconciliationOfInsuranceTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfReconciliationOfInsuranceTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Reconciliation Of Insurance</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfReconciliationOfInsuranceTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfReconciliationOfInsuranceTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfReconciliationOfInsuranceTableTextBlock" xlink:to="lab_itub_ScheduleOfReconciliationOfInsuranceTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AcquisitionOfTreasurySharesValue_019d793e-53f9-7f0e-b6fa-346835f13f74_negatedTerseLabel_en-US" xlink:label="lab_itub_AcquisitionOfTreasurySharesValue" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Acquisition of treasury shares</link:label>
    <link:label id="lab_itub_AcquisitionOfTreasurySharesValue_label_en-US" xlink:label="lab_itub_AcquisitionOfTreasurySharesValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Acquisition Of Treasury Shares Value</link:label>
    <link:label id="lab_itub_AcquisitionOfTreasurySharesValue_documentation_en-US" xlink:label="lab_itub_AcquisitionOfTreasurySharesValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Acquisition Of Treasury Shares Value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AcquisitionOfTreasurySharesValue" xlink:href="itub-20251231.xsd#itub_AcquisitionOfTreasurySharesValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AcquisitionOfTreasurySharesValue" xlink:to="lab_itub_AcquisitionOfTreasurySharesValue" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IncreaseCapital_47e55275-d3f2-4ed2-ab19-87ce24504185_terseLabel_en-US" xlink:label="lab_itub_IncreaseCapital" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase capital</link:label>
    <link:label id="lab_itub_IncreaseCapital_label_en-US" xlink:label="lab_itub_IncreaseCapital" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase Capital</link:label>
    <link:label id="lab_itub_IncreaseCapital_documentation_en-US" xlink:label="lab_itub_IncreaseCapital" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase Capital</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IncreaseCapital" xlink:href="itub-20251231.xsd#itub_IncreaseCapital"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IncreaseCapital" xlink:to="lab_itub_IncreaseCapital" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_MinimumNonCumulativeDividendsOnPreferredShares_1f444b4e-4f0c-4ab4-885b-cc71a6b84093_terseLabel_en-US" xlink:label="lab_itub_MinimumNonCumulativeDividendsOnPreferredShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Minimum non-cumulative dividends on preferred shares</link:label>
    <link:label id="lab_itub_MinimumNonCumulativeDividendsOnPreferredShares_label_en-US" xlink:label="lab_itub_MinimumNonCumulativeDividendsOnPreferredShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Minimum Non-Cumulative Dividends On Preferred Shares</link:label>
    <link:label id="lab_itub_MinimumNonCumulativeDividendsOnPreferredShares_documentation_en-US" xlink:label="lab_itub_MinimumNonCumulativeDividendsOnPreferredShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Minimum Non-Cumulative Dividends On Preferred Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_MinimumNonCumulativeDividendsOnPreferredShares" xlink:href="itub-20251231.xsd#itub_MinimumNonCumulativeDividendsOnPreferredShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_MinimumNonCumulativeDividendsOnPreferredShares" xlink:to="lab_itub_MinimumNonCumulativeDividendsOnPreferredShares" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeFromSubleasingRightofuseAssets_aa9bb70f-5f89-49ac-b2d9-6d09ac87b4d8_terseLabel_en-US" xlink:label="lab_ifrs-full_IncomeFromSubleasingRightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sublease revenues</link:label>
    <link:label id="lab_ifrs-full_IncomeFromSubleasingRightofuseAssets_label_en-US" xlink:label="lab_ifrs-full_IncomeFromSubleasingRightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income from subleasing right-of-use assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeFromSubleasingRightofuseAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeFromSubleasingRightofuseAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeFromSubleasingRightofuseAssets" xlink:to="lab_ifrs-full_IncomeFromSubleasingRightofuseAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ComponentsOfEquityDomain_fcf98f69-a97f-48ea-896f-5cb777bbd4c0_terseLabel_en-US" xlink:label="lab_ifrs-full_ComponentsOfEquityDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Components of equity [domain]</link:label>
    <link:label id="lab_ifrs-full_ComponentsOfEquityDomain_label_en-US" xlink:label="lab_ifrs-full_ComponentsOfEquityDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Components of equity [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComponentsOfEquityDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComponentsOfEquityDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComponentsOfEquityDomain" xlink:to="lab_ifrs-full_ComponentsOfEquityDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterbankDeposits_e367491a-2174-41cd-b26e-bbe3a95f4a03_verboseLabel_en-US" xlink:label="lab_itub_InterbankDeposits" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Interbank deposits</link:label>
    <link:label id="lab_itub_InterbankDeposits_9fc8524c-1e01-4f34-a7e1-f49c26edd96e_terseLabel_en-US" xlink:label="lab_itub_InterbankDeposits" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interbank deposits</link:label>
    <link:label id="lab_itub_InterbankDeposits_label_en-US" xlink:label="lab_itub_InterbankDeposits" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interbank Deposits</link:label>
    <link:label id="lab_itub_InterbankDeposits_documentation_en-US" xlink:label="lab_itub_InterbankDeposits" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interbank Deposits</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterbankDeposits" xlink:href="itub-20251231.xsd#itub_InterbankDeposits"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterbankDeposits" xlink:to="lab_itub_InterbankDeposits" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TaxesAndContributionsOnIncomePayable_39b999ed-1dc8-495f-9717-a6e64d11f58e_terseLabel_en-US" xlink:label="lab_itub_TaxesAndContributionsOnIncomePayable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Taxes and contributions on income payable</link:label>
    <link:label id="lab_itub_TaxesAndContributionsOnIncomePayable_label_en-US" xlink:label="lab_itub_TaxesAndContributionsOnIncomePayable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Taxes And Contributions On Income Payable</link:label>
    <link:label id="lab_itub_TaxesAndContributionsOnIncomePayable_documentation_en-US" xlink:label="lab_itub_TaxesAndContributionsOnIncomePayable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Taxes And Contributions On Income Payable</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TaxesAndContributionsOnIncomePayable" xlink:href="itub-20251231.xsd#itub_TaxesAndContributionsOnIncomePayable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TaxesAndContributionsOnIncomePayable" xlink:to="lab_itub_TaxesAndContributionsOnIncomePayable" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DepreciationsAndAmortisationExpenses_019d79af-de55-7d9d-965d-152939126cff_negatedLabel_en-US" xlink:label="lab_itub_DepreciationsAndAmortisationExpenses" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Depreciation and amortization expenses</link:label>
    <link:label id="lab_itub_DepreciationsAndAmortisationExpenses_label_en-US" xlink:label="lab_itub_DepreciationsAndAmortisationExpenses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Depreciations And Amortisation Expenses</link:label>
    <link:label id="lab_itub_DepreciationsAndAmortisationExpenses_documentation_en-US" xlink:label="lab_itub_DepreciationsAndAmortisationExpenses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Depreciations And Amortisation Expenses</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DepreciationsAndAmortisationExpenses" xlink:href="itub-20251231.xsd#itub_DepreciationsAndAmortisationExpenses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DepreciationsAndAmortisationExpenses" xlink:to="lab_itub_DepreciationsAndAmortisationExpenses" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TotalUnrealizedGainsLossesOnFinancialAssetsFairValueThroughOtherComprehensiveIncome_c09bcbeb-ea33-48b0-8645-999726d2cf0b_terseLabel_en-US" xlink:label="lab_itub_TotalUnrealizedGainsLossesOnFinancialAssetsFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total gains or losses (unrealized)</link:label>
    <link:label id="lab_itub_TotalUnrealizedGainsLossesOnFinancialAssetsFairValueThroughOtherComprehensiveIncome_label_en-US" xlink:label="lab_itub_TotalUnrealizedGainsLossesOnFinancialAssetsFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Unrealized Gains (Losses) On Financial Assets, Fair Value Through Other Comprehensive Income</link:label>
    <link:label id="lab_itub_TotalUnrealizedGainsLossesOnFinancialAssetsFairValueThroughOtherComprehensiveIncome_documentation_en-US" xlink:label="lab_itub_TotalUnrealizedGainsLossesOnFinancialAssetsFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total Unrealized Gains (Losses) On Financial Assets, Fair Value Through Other Comprehensive Income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TotalUnrealizedGainsLossesOnFinancialAssetsFairValueThroughOtherComprehensiveIncome" xlink:href="itub-20251231.xsd#itub_TotalUnrealizedGainsLossesOnFinancialAssetsFairValueThroughOtherComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TotalUnrealizedGainsLossesOnFinancialAssetsFairValueThroughOtherComprehensiveIncome" xlink:to="lab_itub_TotalUnrealizedGainsLossesOnFinancialAssetsFairValueThroughOtherComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_BancoItauChileMember_56094411-e6df-4ee6-b5ec-538b253b9b34_terseLabel_en-US" xlink:label="lab_itub_BancoItauChileMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Banco Ita&#250; Chile</link:label>
    <link:label id="lab_itub_BancoItauChileMember_label_en-US" xlink:label="lab_itub_BancoItauChileMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Banco Itau Chile [Member]</link:label>
    <link:label id="lab_itub_BancoItauChileMember_documentation_en-US" xlink:label="lab_itub_BancoItauChileMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Banco Itau Chile [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_BancoItauChileMember" xlink:href="itub-20251231.xsd#itub_BancoItauChileMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_BancoItauChileMember" xlink:to="lab_itub_BancoItauChileMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProvisionUsedOtherProvisions_b982d770-fc9e-486c-97ae-7d3e1e27a767_negatedLabel_en-US" xlink:label="lab_ifrs-full_ProvisionUsedOtherProvisions" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Payment / Transfer</link:label>
    <link:label id="lab_ifrs-full_ProvisionUsedOtherProvisions_d65713f2-8a51-4211-abbb-343c67c89550_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_ProvisionUsedOtherProvisions" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Payment</link:label>
    <link:label id="lab_ifrs-full_ProvisionUsedOtherProvisions_label_en-US" xlink:label="lab_ifrs-full_ProvisionUsedOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Provision used, other provisions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProvisionUsedOtherProvisions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProvisionUsedOtherProvisions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProvisionUsedOtherProvisions" xlink:to="lab_ifrs-full_ProvisionUsedOtherProvisions" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TOTVSTechfinSAMember_900ca646-825b-4ac2-a2fb-ddfeb164509a_terseLabel_en-US" xlink:label="lab_itub_TOTVSTechfinSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">TOTVS Techfin S.A.</link:label>
    <link:label id="lab_itub_TOTVSTechfinSAMember_label_en-US" xlink:label="lab_itub_TOTVSTechfinSAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Totvs Techfin S.A. [Member]</link:label>
    <link:label id="lab_itub_TOTVSTechfinSAMember_documentation_en-US" xlink:label="lab_itub_TOTVSTechfinSAMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Totvs Techfin S.A. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TOTVSTechfinSAMember" xlink:href="itub-20251231.xsd#itub_TOTVSTechfinSAMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TOTVSTechfinSAMember" xlink:to="lab_itub_TOTVSTechfinSAMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RangeDomain_a6ca8e6f-8e18-480f-8f40-733b79ab6325_terseLabel_en-US" xlink:label="lab_ifrs-full_RangeDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Range [domain]</link:label>
    <link:label id="lab_ifrs-full_RangeDomain_label_en-US" xlink:label="lab_ifrs-full_RangeDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Range [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RangeDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RangeDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RangeDomain" xlink:to="lab_ifrs-full_RangeDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TenYearMember_0fc33c3d-16a1-4849-98af-8d5e0b11ea02_terseLabel_en-US" xlink:label="lab_itub_TenYearMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">10 years</link:label>
    <link:label id="lab_itub_TenYearMember_label_en-US" xlink:label="lab_itub_TenYearMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ten Year [Member]</link:label>
    <link:label id="lab_itub_TenYearMember_documentation_en-US" xlink:label="lab_itub_TenYearMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Ten Year [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TenYearMember" xlink:href="itub-20251231.xsd#itub_TenYearMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TenYearMember" xlink:to="lab_itub_TenYearMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinanceiraItauCBDS.A.CreditoFinanciamentoEInvestimentoMember_019d933f-7913-7caf-9bac-2acb19ca1782_terseLabel_en-US" xlink:label="lab_itub_FinanceiraItauCBDS.A.CreditoFinanciamentoEInvestimentoMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financeira Ita&#250; CBD S.A. - Cr&#233;dito, Financiamento e Investimento</link:label>
    <link:label id="lab_itub_FinanceiraItauCBDS.A.CreditoFinanciamentoEInvestimentoMember_label_en-US" xlink:label="lab_itub_FinanceiraItauCBDS.A.CreditoFinanciamentoEInvestimentoMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financeira Ita&#250; CBD S.A. - Cr&#233;dito, Financiamento e Investimento [Member]</link:label>
    <link:label id="lab_itub_FinanceiraItauCBDS.A.CreditoFinanciamentoEInvestimentoMember_documentation_en-US" xlink:label="lab_itub_FinanceiraItauCBDS.A.CreditoFinanciamentoEInvestimentoMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financeira Ita&#250; CBD S.A. - Cr&#233;dito, Financiamento e Investimento</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinanceiraItauCBDS.A.CreditoFinanciamentoEInvestimentoMember" xlink:href="itub-20251231.xsd#itub_FinanceiraItauCBDS.A.CreditoFinanciamentoEInvestimentoMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinanceiraItauCBDS.A.CreditoFinanciamentoEInvestimentoMember" xlink:to="lab_itub_FinanceiraItauCBDS.A.CreditoFinanciamentoEInvestimentoMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfDilutedEarningsPerShareTableTextBlock_8eb014a5-9d24-4fa9-a42c-d2dda0476010_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfDilutedEarningsPerShareTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Diluted Earnings Per Share</link:label>
    <link:label id="lab_itub_ScheduleOfDilutedEarningsPerShareTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfDilutedEarningsPerShareTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Diluted Earnings Per Share [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfDilutedEarningsPerShareTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfDilutedEarningsPerShareTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Diluted Earnings Per Share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfDilutedEarningsPerShareTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfDilutedEarningsPerShareTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfDilutedEarningsPerShareTableTextBlock" xlink:to="lab_itub_ScheduleOfDilutedEarningsPerShareTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ChargesInIncomeTaxAndSocialContributionAtRatesInEffect_b7cbf4ba-428c-4b34-afbf-a2831b1aad1e_negatedLabel_en-US" xlink:label="lab_itub_ChargesInIncomeTaxAndSocialContributionAtRatesInEffect" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Charges (income tax and social contribution) at the rates in effect</link:label>
    <link:label id="lab_itub_ChargesInIncomeTaxAndSocialContributionAtRatesInEffect_label_en-US" xlink:label="lab_itub_ChargesInIncomeTaxAndSocialContributionAtRatesInEffect" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Charges In Income Tax And Social Contribution At Rates In Effect</link:label>
    <link:label id="lab_itub_ChargesInIncomeTaxAndSocialContributionAtRatesInEffect_documentation_en-US" xlink:label="lab_itub_ChargesInIncomeTaxAndSocialContributionAtRatesInEffect" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Charges In Income Tax And Social Contribution At Rates In Effect</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ChargesInIncomeTaxAndSocialContributionAtRatesInEffect" xlink:href="itub-20251231.xsd#itub_ChargesInIncomeTaxAndSocialContributionAtRatesInEffect"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ChargesInIncomeTaxAndSocialContributionAtRatesInEffect" xlink:to="lab_itub_ChargesInIncomeTaxAndSocialContributionAtRatesInEffect" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IncreaseDecreaseInReferentialEquity_79e4215b-0cd9-468c-94c3-fee723978df3_terseLabel_en-US" xlink:label="lab_itub_IncreaseDecreaseInReferentialEquity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase decrease in referential equity</link:label>
    <link:label id="lab_itub_IncreaseDecreaseInReferentialEquity_label_en-US" xlink:label="lab_itub_IncreaseDecreaseInReferentialEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase Decrease In Referential Equity</link:label>
    <link:label id="lab_itub_IncreaseDecreaseInReferentialEquity_documentation_en-US" xlink:label="lab_itub_IncreaseDecreaseInReferentialEquity" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase Decrease In Referential Equity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IncreaseDecreaseInReferentialEquity" xlink:href="itub-20251231.xsd#itub_IncreaseDecreaseInReferentialEquity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IncreaseDecreaseInReferentialEquity" xlink:to="lab_itub_IncreaseDecreaseInReferentialEquity" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CorporateLoansConsolidatedStageMember_654fcb66-bf9b-4388-8f68-9b57d1238349_terseLabel_en-US" xlink:label="lab_itub_CorporateLoansConsolidatedStageMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Companies</link:label>
    <link:label id="lab_itub_CorporateLoansConsolidatedStageMember_label_en-US" xlink:label="lab_itub_CorporateLoansConsolidatedStageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Corporate Loans Consolidated Stage [Member]</link:label>
    <link:label id="lab_itub_CorporateLoansConsolidatedStageMember_documentation_en-US" xlink:label="lab_itub_CorporateLoansConsolidatedStageMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Corporate Loans Consolidated Stage [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CorporateLoansConsolidatedStageMember" xlink:href="itub-20251231.xsd#itub_CorporateLoansConsolidatedStageMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CorporateLoansConsolidatedStageMember" xlink:to="lab_itub_CorporateLoansConsolidatedStageMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AdjustmentsForIncreaseDecreaseInTaxLiabilities_decbc619-a147-4db7-8b1b-77e65d02bdec_terseLabel_en-US" xlink:label="lab_itub_AdjustmentsForIncreaseDecreaseInTaxLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Tax liabilities</link:label>
    <link:label id="lab_itub_AdjustmentsForIncreaseDecreaseInTaxLiabilities_label_en-US" xlink:label="lab_itub_AdjustmentsForIncreaseDecreaseInTaxLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax liabilities</link:label>
    <link:label id="lab_itub_AdjustmentsForIncreaseDecreaseInTaxLiabilities_documentation_en-US" xlink:label="lab_itub_AdjustmentsForIncreaseDecreaseInTaxLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tax liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AdjustmentsForIncreaseDecreaseInTaxLiabilities" xlink:href="itub-20251231.xsd#itub_AdjustmentsForIncreaseDecreaseInTaxLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AdjustmentsForIncreaseDecreaseInTaxLiabilities" xlink:to="lab_itub_AdjustmentsForIncreaseDecreaseInTaxLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ExpectedCreditLossRate_3e786b8e-22c3-4322-bf6b-1f4041131971_terseLabel_en-US" xlink:label="lab_ifrs-full_ExpectedCreditLossRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expected credit loss rate</link:label>
    <link:label id="lab_ifrs-full_ExpectedCreditLossRate_label_en-US" xlink:label="lab_ifrs-full_ExpectedCreditLossRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expected credit loss rate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ExpectedCreditLossRate" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ExpectedCreditLossRate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ExpectedCreditLossRate" xlink:to="lab_ifrs-full_ExpectedCreditLossRate" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherCorporateDebtSecuritiesMember_019d6a74-c6fe-7e1a-8ef2-3399739fc979_terseLabel_en-US" xlink:label="lab_itub_OtherCorporateDebtSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_itub_OtherCorporateDebtSecuritiesMember_label_en-US" xlink:label="lab_itub_OtherCorporateDebtSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Corporate Debt Securities [Member]</link:label>
    <link:label id="lab_itub_OtherCorporateDebtSecuritiesMember_documentation_en-US" xlink:label="lab_itub_OtherCorporateDebtSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Corporate Debt Securities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherCorporateDebtSecuritiesMember" xlink:href="itub-20251231.xsd#itub_OtherCorporateDebtSecuritiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherCorporateDebtSecuritiesMember" xlink:to="lab_itub_OtherCorporateDebtSecuritiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FeesMember_b79fad8e-425b-493a-a393-10fd61cca564_terseLabel_en-US" xlink:label="lab_itub_FeesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fees</link:label>
    <link:label id="lab_itub_FeesMember_label_en-US" xlink:label="lab_itub_FeesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fees [Member]</link:label>
    <link:label id="lab_itub_FeesMember_documentation_en-US" xlink:label="lab_itub_FeesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fees [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FeesMember" xlink:href="itub-20251231.xsd#itub_FeesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FeesMember" xlink:to="lab_itub_FeesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherTaxLiability_709d8095-8858-47b2-96fc-41a4457d9d7e_verboseLabel_en-US" xlink:label="lab_itub_OtherTaxLiability" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_itub_OtherTaxLiability_label_en-US" xlink:label="lab_itub_OtherTaxLiability" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Tax Liability</link:label>
    <link:label id="lab_itub_OtherTaxLiability_documentation_en-US" xlink:label="lab_itub_OtherTaxLiability" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Tax Liability</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherTaxLiability" xlink:href="itub-20251231.xsd#itub_OtherTaxLiability"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherTaxLiability" xlink:to="lab_itub_OtherTaxLiability" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ShareIssuanceDomain_019d6a23-1393-723b-88d1-c106b195b49a_terseLabel_en-US" xlink:label="lab_itub_ShareIssuanceDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share Issuance [Domain]</link:label>
    <link:label id="lab_itub_ShareIssuanceDomain_label_en-US" xlink:label="lab_itub_ShareIssuanceDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share Issuance [Domain]</link:label>
    <link:label id="lab_itub_ShareIssuanceDomain_documentation_en-US" xlink:label="lab_itub_ShareIssuanceDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share Issuance [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ShareIssuanceDomain" xlink:href="itub-20251231.xsd#itub_ShareIssuanceDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ShareIssuanceDomain" xlink:to="lab_itub_ShareIssuanceDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_AddressTypeDomain_228df761-656b-4e30-bdba-22ff0b8cbdda_terseLabel_en-US" xlink:label="lab_dei_AddressTypeDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Address Type [Domain]</link:label>
    <link:label id="lab_dei_AddressTypeDomain_label_en-US" xlink:label="lab_dei_AddressTypeDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Address Type [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AddressTypeDomain" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AddressTypeDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AddressTypeDomain" xlink:to="lab_dei_AddressTypeDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NotionalAmount_9fe72352-5563-4fc3-b070-b63edeb997ec_terseLabel_en-US" xlink:label="lab_ifrs-full_NotionalAmount" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Notional amount</link:label>
    <link:label id="lab_ifrs-full_NotionalAmount_label_en-US" xlink:label="lab_ifrs-full_NotionalAmount" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Notional amount</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NotionalAmount" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NotionalAmount"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NotionalAmount" xlink:to="lab_ifrs-full_NotionalAmount" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InsuranceContractsAndPrivatePensionMember_ee4396bc-1081-46de-bb15-7ee4822375b8_terseLabel_en-US" xlink:label="lab_itub_InsuranceContractsAndPrivatePensionMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Insurance contracts and private pension</link:label>
    <link:label id="lab_itub_InsuranceContractsAndPrivatePensionMember_label_en-US" xlink:label="lab_itub_InsuranceContractsAndPrivatePensionMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Insurance Contracts And Private Pension [Member]</link:label>
    <link:label id="lab_itub_InsuranceContractsAndPrivatePensionMember_documentation_en-US" xlink:label="lab_itub_InsuranceContractsAndPrivatePensionMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Insurance Contracts And Private Pension [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InsuranceContractsAndPrivatePensionMember" xlink:href="itub-20251231.xsd#itub_InsuranceContractsAndPrivatePensionMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InsuranceContractsAndPrivatePensionMember" xlink:to="lab_itub_InsuranceContractsAndPrivatePensionMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ReserveOfCashFlowHedgesMember_40db117d-edef-4962-83e6-ea5f39aa7b9a_terseLabel_en-US" xlink:label="lab_ifrs-full_ReserveOfCashFlowHedgesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gains and losses &#8211; hedge</link:label>
    <link:label id="lab_ifrs-full_ReserveOfCashFlowHedgesMember_label_en-US" xlink:label="lab_ifrs-full_ReserveOfCashFlowHedgesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reserve of cash flow hedges [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReserveOfCashFlowHedgesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ReserveOfCashFlowHedgesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReserveOfCashFlowHedgesMember" xlink:to="lab_ifrs-full_ReserveOfCashFlowHedgesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FundsFromClients_3a37748d-ffe5-4e7c-9247-009997347daf_terseLabel_en-US" xlink:label="lab_itub_FundsFromClients" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Funds from clients</link:label>
    <link:label id="lab_itub_FundsFromClients_label_en-US" xlink:label="lab_itub_FundsFromClients" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Funds From Clients</link:label>
    <link:label id="lab_itub_FundsFromClients_documentation_en-US" xlink:label="lab_itub_FundsFromClients" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Funds From Clients</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FundsFromClients" xlink:href="itub-20251231.xsd#itub_FundsFromClients"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FundsFromClients" xlink:to="lab_itub_FundsFromClients" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory_5b369a74-fee2-4482-8283-fdd7681eaba4_verboseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Investments in associates and joint ventures</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of investments accounted for using equity method [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:to="lab_ifrs-full_DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RealizedOrUnrealizedGainsLossesOnDerivativeLiabilities_d7bcb6d1-c16f-4f7e-a0dc-12c927786636_verboseLabel_en-US" xlink:label="lab_itub_RealizedOrUnrealizedGainsLossesOnDerivativeLiabilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Derivatives - liabilities, Total gains or losses (realized / unrealized), Income</link:label>
    <link:label id="lab_itub_RealizedOrUnrealizedGainsLossesOnDerivativeLiabilities_label_en-US" xlink:label="lab_itub_RealizedOrUnrealizedGainsLossesOnDerivativeLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Realized Or Unrealized Gains Losses On Derivative Liabilities</link:label>
    <link:label id="lab_itub_RealizedOrUnrealizedGainsLossesOnDerivativeLiabilities_documentation_en-US" xlink:label="lab_itub_RealizedOrUnrealizedGainsLossesOnDerivativeLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Realized Or Unrealized Gains Losses On Derivative Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RealizedOrUnrealizedGainsLossesOnDerivativeLiabilities" xlink:href="itub-20251231.xsd#itub_RealizedOrUnrealizedGainsLossesOnDerivativeLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RealizedOrUnrealizedGainsLossesOnDerivativeLiabilities" xlink:to="lab_itub_RealizedOrUnrealizedGainsLossesOnDerivativeLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherFinancialAssetsPercentage_dde925e7-fa15-4173-887e-e20847f167c6_terseLabel_en-US" xlink:label="lab_itub_OtherFinancialAssetsPercentage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other financial assets percentage</link:label>
    <link:label id="lab_itub_OtherFinancialAssetsPercentage_12d40277-3927-444a-aef9-ec80ff2db21c_verboseLabel_en-US" xlink:label="lab_itub_OtherFinancialAssetsPercentage" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other financial assets, percentage</link:label>
    <link:label id="lab_itub_OtherFinancialAssetsPercentage_label_en-US" xlink:label="lab_itub_OtherFinancialAssetsPercentage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Financial Assets Percentage</link:label>
    <link:label id="lab_itub_OtherFinancialAssetsPercentage_documentation_en-US" xlink:label="lab_itub_OtherFinancialAssetsPercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Financial Assets Percentage</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherFinancialAssetsPercentage" xlink:href="itub-20251231.xsd#itub_OtherFinancialAssetsPercentage"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherFinancialAssetsPercentage" xlink:to="lab_itub_OtherFinancialAssetsPercentage" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DepreciationInExcessFinanceLeaseMember_08dc7b4c-3a89-4eba-b45f-06546fd6dce5_terseLabel_en-US" xlink:label="lab_itub_DepreciationInExcessFinanceLeaseMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Supervenience of depreciation of finance lease</link:label>
    <link:label id="lab_itub_DepreciationInExcessFinanceLeaseMember_label_en-US" xlink:label="lab_itub_DepreciationInExcessFinanceLeaseMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Depreciation In Excess Finance Lease [Member]</link:label>
    <link:label id="lab_itub_DepreciationInExcessFinanceLeaseMember_documentation_en-US" xlink:label="lab_itub_DepreciationInExcessFinanceLeaseMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Depreciation In Excess Finance Lease [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DepreciationInExcessFinanceLeaseMember" xlink:href="itub-20251231.xsd#itub_DepreciationInExcessFinanceLeaseMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DepreciationInExcessFinanceLeaseMember" xlink:to="lab_itub_DepreciationInExcessFinanceLeaseMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DilutedEarningsLossPerShare_6a93cb49-534f-4b6d-ae09-337244f20e1f_terseLabel_en-US" xlink:label="lab_ifrs-full_DilutedEarningsLossPerShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Earnings per share - diluted (in brl per share)</link:label>
    <link:label id="lab_ifrs-full_DilutedEarningsLossPerShare_81566857-ca03-4ceb-8de0-78f0fbfd993d_verboseLabel_en-US" xlink:label="lab_ifrs-full_DilutedEarningsLossPerShare" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Diluted earnings per share (in brl per share)</link:label>
    <link:label id="lab_ifrs-full_DilutedEarningsLossPerShare_label_en-US" xlink:label="lab_ifrs-full_DilutedEarningsLossPerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Diluted earnings (loss) per share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DilutedEarningsLossPerShare" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DilutedEarningsLossPerShare"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DilutedEarningsLossPerShare" xlink:to="lab_ifrs-full_DilutedEarningsLossPerShare" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_MaturityDomain_4155ff91-aef3-4092-a715-97abd5defd55_terseLabel_en-US" xlink:label="lab_ifrs-full_MaturityDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maturity [domain]</link:label>
    <link:label id="lab_ifrs-full_MaturityDomain_label_en-US" xlink:label="lab_ifrs-full_MaturityDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maturity [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MaturityDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MaturityDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MaturityDomain" xlink:to="lab_ifrs-full_MaturityDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SelicPlusOnePointOneSevenPercentageToOnePointOneNinePercentageMember_71350429-ddbb-44fb-bc81-e5e0b8d54ce8_terseLabel_en-US" xlink:label="lab_itub_SelicPlusOnePointOneSevenPercentageToOnePointOneNinePercentageMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">SELIC + 1.17% to 1.19%</link:label>
    <link:label id="lab_itub_SelicPlusOnePointOneSevenPercentageToOnePointOneNinePercentageMember_label_en-US" xlink:label="lab_itub_SelicPlusOnePointOneSevenPercentageToOnePointOneNinePercentageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Selic Plus One Point One Seven Percentage To One Point One Nine Percentage [Member]</link:label>
    <link:label id="lab_itub_SelicPlusOnePointOneSevenPercentageToOnePointOneNinePercentageMember_documentation_en-US" xlink:label="lab_itub_SelicPlusOnePointOneSevenPercentageToOnePointOneNinePercentageMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Selic Plus One Point One Seven Percentage To One Point One Nine Percentage [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SelicPlusOnePointOneSevenPercentageToOnePointOneNinePercentageMember" xlink:href="itub-20251231.xsd#itub_SelicPlusOnePointOneSevenPercentageToOnePointOneNinePercentageMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SelicPlusOnePointOneSevenPercentageToOnePointOneNinePercentageMember" xlink:to="lab_itub_SelicPlusOnePointOneSevenPercentageToOnePointOneNinePercentageMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CategoriesOfFinancialLiabilitiesAxis_1e78f950-89c0-4473-a08c-7d3aba6ffc8b_terseLabel_en-US" xlink:label="lab_ifrs-full_CategoriesOfFinancialLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Categories of financial liabilities [axis]</link:label>
    <link:label id="lab_ifrs-full_CategoriesOfFinancialLiabilitiesAxis_label_en-US" xlink:label="lab_ifrs-full_CategoriesOfFinancialLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Categories of financial liabilities [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CategoriesOfFinancialLiabilitiesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CategoriesOfFinancialLiabilitiesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CategoriesOfFinancialLiabilitiesAxis" xlink:to="lab_ifrs-full_CategoriesOfFinancialLiabilitiesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IncomeOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLoss_878f0e90-3844-4725-bb8a-bc4536509cfe_terseLabel_en-US" xlink:label="lab_itub_IncomeOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income of Financial Assets and Liabilities at Fair Value through Profit or Loss</link:label>
    <link:label id="lab_itub_IncomeOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLoss_label_en-US" xlink:label="lab_itub_IncomeOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income of Financial Assets and Liabilities at Fair Value through Profit or Loss</link:label>
    <link:label id="lab_itub_IncomeOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLoss_documentation_en-US" xlink:label="lab_itub_IncomeOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Income of Financial Assets and Liabilities at Fair Value through Profit or Loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IncomeOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLoss" xlink:href="itub-20251231.xsd#itub_IncomeOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IncomeOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLoss" xlink:to="lab_itub_IncomeOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SettlementsOfDerivativeLiabilities_b11e5bde-992e-4a20-80c3-baaf91e4546a_verboseLabel_en-US" xlink:label="lab_itub_SettlementsOfDerivativeLiabilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Derivatives - liabilities, Settlements</link:label>
    <link:label id="lab_itub_SettlementsOfDerivativeLiabilities_label_en-US" xlink:label="lab_itub_SettlementsOfDerivativeLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Settlements Of Derivative Liabilities</link:label>
    <link:label id="lab_itub_SettlementsOfDerivativeLiabilities_documentation_en-US" xlink:label="lab_itub_SettlementsOfDerivativeLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Settlements Of Derivative Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SettlementsOfDerivativeLiabilities" xlink:href="itub-20251231.xsd#itub_SettlementsOfDerivativeLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SettlementsOfDerivativeLiabilities" xlink:to="lab_itub_SettlementsOfDerivativeLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DividendOnPreferredSharesAfterDilutionEffects_6c2afc50-6d02-4629-a7ac-5d95719143cd_terseLabel_en-US" xlink:label="lab_itub_DividendOnPreferredSharesAfterDilutionEffects" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividends on preferred shares after dilution effects</link:label>
    <link:label id="lab_itub_DividendOnPreferredSharesAfterDilutionEffects_label_en-US" xlink:label="lab_itub_DividendOnPreferredSharesAfterDilutionEffects" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividend On Preferred Shares After Dilution Effects</link:label>
    <link:label id="lab_itub_DividendOnPreferredSharesAfterDilutionEffects_documentation_en-US" xlink:label="lab_itub_DividendOnPreferredSharesAfterDilutionEffects" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Dividend On Preferred Shares After Dilution Effects</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DividendOnPreferredSharesAfterDilutionEffects" xlink:href="itub-20251231.xsd#itub_DividendOnPreferredSharesAfterDilutionEffects"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DividendOnPreferredSharesAfterDilutionEffects" xlink:to="lab_itub_DividendOnPreferredSharesAfterDilutionEffects" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_GovernmentSecuritiesDesignedAtFVPLMember_019c7505-ed04-7dcd-96d8-951e9ac4be87_terseLabel_en-US" xlink:label="lab_itub_GovernmentSecuritiesDesignedAtFVPLMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Government securities (Designated at FVPL)</link:label>
    <link:label id="lab_itub_GovernmentSecuritiesDesignedAtFVPLMember_label_en-US" xlink:label="lab_itub_GovernmentSecuritiesDesignedAtFVPLMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Government securities (Designed at FVPL) [Member]</link:label>
    <link:label id="lab_itub_GovernmentSecuritiesDesignedAtFVPLMember_documentation_en-US" xlink:label="lab_itub_GovernmentSecuritiesDesignedAtFVPLMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Government securities (Designed at FVPL)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_GovernmentSecuritiesDesignedAtFVPLMember" xlink:href="itub-20251231.xsd#itub_GovernmentSecuritiesDesignedAtFVPLMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_GovernmentSecuritiesDesignedAtFVPLMember" xlink:to="lab_itub_GovernmentSecuritiesDesignedAtFVPLMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AddProvisionsGuaranteedByIndemnityClauses_70c20ec1-34fd-425a-b67c-a2644afdaed4_terseLabel_en-US" xlink:label="lab_itub_AddProvisionsGuaranteedByIndemnityClauses" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">(+) Provisions guaranteed by indemnity clause</link:label>
    <link:label id="lab_itub_AddProvisionsGuaranteedByIndemnityClauses_label_en-US" xlink:label="lab_itub_AddProvisionsGuaranteedByIndemnityClauses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Add: Provisions Guaranteed By Indemnity Clauses</link:label>
    <link:label id="lab_itub_AddProvisionsGuaranteedByIndemnityClauses_documentation_en-US" xlink:label="lab_itub_AddProvisionsGuaranteedByIndemnityClauses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Add: Provisions Guaranteed By Indemnity Clauses</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AddProvisionsGuaranteedByIndemnityClauses" xlink:href="itub-20251231.xsd#itub_AddProvisionsGuaranteedByIndemnityClauses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AddProvisionsGuaranteedByIndemnityClauses" xlink:to="lab_itub_AddProvisionsGuaranteedByIndemnityClauses" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ContributionsAndInvestmentsFromSponsor_60057b73-a948-4826-af21-6b8bcbf24a91_terseLabel_en-US" xlink:label="lab_itub_ContributionsAndInvestmentsFromSponsor" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">10 - Contributions and investments from sponsor</link:label>
    <link:label id="lab_itub_ContributionsAndInvestmentsFromSponsor_label_en-US" xlink:label="lab_itub_ContributionsAndInvestmentsFromSponsor" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contributions And Investments From Sponsor</link:label>
    <link:label id="lab_itub_ContributionsAndInvestmentsFromSponsor_documentation_en-US" xlink:label="lab_itub_ContributionsAndInvestmentsFromSponsor" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Contributions And Investments From Sponsor</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ContributionsAndInvestmentsFromSponsor" xlink:href="itub-20251231.xsd#itub_ContributionsAndInvestmentsFromSponsor"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ContributionsAndInvestmentsFromSponsor" xlink:to="lab_itub_ContributionsAndInvestmentsFromSponsor" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityIncorporationStateCountryCode_3977a76e-2879-47e6-9efa-a63c0adb503d_terseLabel_en-US" xlink:label="lab_dei_EntityIncorporationStateCountryCode" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
    <link:label id="lab_dei_EntityIncorporationStateCountryCode_label_en-US" xlink:label="lab_dei_EntityIncorporationStateCountryCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityIncorporationStateCountryCode" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityIncorporationStateCountryCode"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityIncorporationStateCountryCode" xlink:to="lab_dei_EntityIncorporationStateCountryCode" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DemandDepositMember_ffc703af-0f4b-419b-b35e-b8864bcbad66_terseLabel_en-US" xlink:label="lab_itub_DemandDepositMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Demand</link:label>
    <link:label id="lab_itub_DemandDepositMember_label_en-US" xlink:label="lab_itub_DemandDepositMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Demand Deposit [Member]</link:label>
    <link:label id="lab_itub_DemandDepositMember_documentation_en-US" xlink:label="lab_itub_DemandDepositMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Demand Deposit [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DemandDepositMember" xlink:href="itub-20251231.xsd#itub_DemandDepositMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DemandDepositMember" xlink:to="lab_itub_DemandDepositMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AssetsLiabilitiesMember_f14dccad-d6cf-4fab-8f4b-7d2d8096b100_terseLabel_en-US" xlink:label="lab_itub_AssetsLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">(Assets) / liabilities</link:label>
    <link:label id="lab_itub_AssetsLiabilitiesMember_label_en-US" xlink:label="lab_itub_AssetsLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets Liabilities [Member]</link:label>
    <link:label id="lab_itub_AssetsLiabilitiesMember_documentation_en-US" xlink:label="lab_itub_AssetsLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Assets Liabilities [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AssetsLiabilitiesMember" xlink:href="itub-20251231.xsd#itub_AssetsLiabilitiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AssetsLiabilitiesMember" xlink:to="lab_itub_AssetsLiabilitiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_UnderCollateralizedAssetsFairValueOfCollateral_8348f0f9-7add-4629-bf70-503df18a0c7f_terseLabel_en-US" xlink:label="lab_itub_UnderCollateralizedAssetsFairValueOfCollateral" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Under-collateralized assets, Fair value of collateral</link:label>
    <link:label id="lab_itub_UnderCollateralizedAssetsFairValueOfCollateral_label_en-US" xlink:label="lab_itub_UnderCollateralizedAssetsFairValueOfCollateral" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Under-Collateralized Assets, Fair Value Of Collateral</link:label>
    <link:label id="lab_itub_UnderCollateralizedAssetsFairValueOfCollateral_documentation_en-US" xlink:label="lab_itub_UnderCollateralizedAssetsFairValueOfCollateral" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Under-Collateralized Assets, Fair Value Of Collateral</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_UnderCollateralizedAssetsFairValueOfCollateral" xlink:href="itub-20251231.xsd#itub_UnderCollateralizedAssetsFairValueOfCollateral"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_UnderCollateralizedAssetsFairValueOfCollateral" xlink:to="lab_itub_UnderCollateralizedAssetsFairValueOfCollateral" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TaxExpenseOtherThanIncomeTaxExpense_f6aeceb9-f6ac-49a4-813c-50e304ea7690_negatedLabel_en-US" xlink:label="lab_ifrs-full_TaxExpenseOtherThanIncomeTaxExpense" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Tax expenses</link:label>
    <link:label id="lab_ifrs-full_TaxExpenseOtherThanIncomeTaxExpense_e632c1ac-3cc6-4b2f-9b10-502982ec5fe2_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_TaxExpenseOtherThanIncomeTaxExpense" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Tax expenses for ISS, PIS and COFINS and Other</link:label>
    <link:label id="lab_ifrs-full_TaxExpenseOtherThanIncomeTaxExpense_label_en-US" xlink:label="lab_ifrs-full_TaxExpenseOtherThanIncomeTaxExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax expense other than income tax expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TaxExpenseOtherThanIncomeTaxExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TaxExpenseOtherThanIncomeTaxExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TaxExpenseOtherThanIncomeTaxExpense" xlink:to="lab_ifrs-full_TaxExpenseOtherThanIncomeTaxExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentDebtInstrumentsIssued_019d444d-2dab-75d6-8307-0454a7aa3600_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentDebtInstrumentsIssued" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current</link:label>
    <link:label id="lab_ifrs-full_CurrentDebtInstrumentsIssued_label_en-US" xlink:label="lab_ifrs-full_CurrentDebtInstrumentsIssued" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current debt instruments issued</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentDebtInstrumentsIssued" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentDebtInstrumentsIssued"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentDebtInstrumentsIssued" xlink:to="lab_ifrs-full_CurrentDebtInstrumentsIssued" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ReductionIncreaseOfExpectedLoss_c158fac1-4452-449a-90b3-de744a7e53f7_terseLabel_en-US" xlink:label="lab_itub_ReductionIncreaseOfExpectedLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reduction/(Increase) of expected loss</link:label>
    <link:label id="lab_itub_ReductionIncreaseOfExpectedLoss_label_en-US" xlink:label="lab_itub_ReductionIncreaseOfExpectedLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reduction/(Increase) Of Expected Loss</link:label>
    <link:label id="lab_itub_ReductionIncreaseOfExpectedLoss_documentation_en-US" xlink:label="lab_itub_ReductionIncreaseOfExpectedLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Reduction/(Increase) Of Expected Loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ReductionIncreaseOfExpectedLoss" xlink:href="itub-20251231.xsd#itub_ReductionIncreaseOfExpectedLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ReductionIncreaseOfExpectedLoss" xlink:to="lab_itub_ReductionIncreaseOfExpectedLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AssociatesAndJointVenturesMember_3dae583d-edf1-4a8a-9b5a-ce9a81bc9b48_terseLabel_en-US" xlink:label="lab_itub_AssociatesAndJointVenturesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Associates and joint ventures</link:label>
    <link:label id="lab_itub_AssociatesAndJointVenturesMember_label_en-US" xlink:label="lab_itub_AssociatesAndJointVenturesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Associates And Joint Ventures [Member]</link:label>
    <link:label id="lab_itub_AssociatesAndJointVenturesMember_documentation_en-US" xlink:label="lab_itub_AssociatesAndJointVenturesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Associates And Joint Ventures [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AssociatesAndJointVenturesMember" xlink:href="itub-20251231.xsd#itub_AssociatesAndJointVenturesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AssociatesAndJointVenturesMember" xlink:to="lab_itub_AssociatesAndJointVenturesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestOnCapital_73282540-07ed-432f-891d-629323dfdf86_verboseLabel_en-US" xlink:label="lab_itub_InterestOnCapital" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Interest on capital</link:label>
    <link:label id="lab_itub_InterestOnCapital_label_en-US" xlink:label="lab_itub_InterestOnCapital" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest On Capital</link:label>
    <link:label id="lab_itub_InterestOnCapital_documentation_en-US" xlink:label="lab_itub_InterestOnCapital" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest On Capital</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestOnCapital" xlink:href="itub-20251231.xsd#itub_InterestOnCapital"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestOnCapital" xlink:to="lab_itub_InterestOnCapital" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RepurchaseAgreementsAndCashCollateralOnSecuritiesLentCurrent_019d449a-ee7c-73bb-b4d4-596c2cb21f1a_terseLabel_en-US" xlink:label="lab_itub_RepurchaseAgreementsAndCashCollateralOnSecuritiesLentCurrent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current</link:label>
    <link:label id="lab_itub_RepurchaseAgreementsAndCashCollateralOnSecuritiesLentCurrent_label_en-US" xlink:label="lab_itub_RepurchaseAgreementsAndCashCollateralOnSecuritiesLentCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Repurchase Agreements And Cash Collateral On Securities Lent, Current</link:label>
    <link:label id="lab_itub_RepurchaseAgreementsAndCashCollateralOnSecuritiesLentCurrent_documentation_en-US" xlink:label="lab_itub_RepurchaseAgreementsAndCashCollateralOnSecuritiesLentCurrent" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Repurchase Agreements And Cash Collateral On Securities Lent, Current</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RepurchaseAgreementsAndCashCollateralOnSecuritiesLentCurrent" xlink:href="itub-20251231.xsd#itub_RepurchaseAgreementsAndCashCollateralOnSecuritiesLentCurrent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RepurchaseAgreementsAndCashCollateralOnSecuritiesLentCurrent" xlink:to="lab_itub_RepurchaseAgreementsAndCashCollateralOnSecuritiesLentCurrent" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfBusinessCombinationsLineItems_0671c829-0ac6-486d-9697-cd38047c96b5_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfBusinessCombinationsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about business combination [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfBusinessCombinationsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfBusinessCombinationsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about business combination [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfBusinessCombinationsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfBusinessCombinationsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfBusinessCombinationsLineItems" xlink:to="lab_ifrs-full_DisclosureOfBusinessCombinationsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TwentyLargestDebtorsMember_eba80352-d40f-4b3b-81d5-c99196a130ab_terseLabel_en-US" xlink:label="lab_itub_TwentyLargestDebtorsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">20 largest debtors</link:label>
    <link:label id="lab_itub_TwentyLargestDebtorsMember_label_en-US" xlink:label="lab_itub_TwentyLargestDebtorsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Twenty Largest Debtors [Member]</link:label>
    <link:label id="lab_itub_TwentyLargestDebtorsMember_documentation_en-US" xlink:label="lab_itub_TwentyLargestDebtorsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Twenty Largest Debtors [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TwentyLargestDebtorsMember" xlink:href="itub-20251231.xsd#itub_TwentyLargestDebtorsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TwentyLargestDebtorsMember" xlink:to="lab_itub_TwentyLargestDebtorsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AssetsAndLiabilitiesDomain_7e2aed28-2658-44da-ad5d-061c5ba81705_terseLabel_en-US" xlink:label="lab_ifrs-full_AssetsAndLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets and liabilities [domain]</link:label>
    <link:label id="lab_ifrs-full_AssetsAndLiabilitiesDomain_label_en-US" xlink:label="lab_ifrs-full_AssetsAndLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets and liabilities [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AssetsAndLiabilitiesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AssetsAndLiabilitiesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AssetsAndLiabilitiesDomain" xlink:to="lab_ifrs-full_AssetsAndLiabilitiesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FourYearMember_2289414f-cb8e-4aef-8233-fbe00b53ee33_terseLabel_en-US" xlink:label="lab_itub_FourYearMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">4 years</link:label>
    <link:label id="lab_itub_FourYearMember_label_en-US" xlink:label="lab_itub_FourYearMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Four Year [Member]</link:label>
    <link:label id="lab_itub_FourYearMember_documentation_en-US" xlink:label="lab_itub_FourYearMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Four Year [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FourYearMember" xlink:href="itub-20251231.xsd#itub_FourYearMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FourYearMember" xlink:to="lab_itub_FourYearMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TotalLossNetOfReversals_f14c8ff7-521a-4691-ac17-e719e3ec4ab0_terseLabel_en-US" xlink:label="lab_itub_TotalLossNetOfReversals" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total loss, net of reversals</link:label>
    <link:label id="lab_itub_TotalLossNetOfReversals_label_en-US" xlink:label="lab_itub_TotalLossNetOfReversals" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Loss, Net Of Reversals</link:label>
    <link:label id="lab_itub_TotalLossNetOfReversals_documentation_en-US" xlink:label="lab_itub_TotalLossNetOfReversals" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total Loss, Net Of Reversals</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TotalLossNetOfReversals" xlink:href="itub-20251231.xsd#itub_TotalLossNetOfReversals"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TotalLossNetOfReversals" xlink:to="lab_itub_TotalLossNetOfReversals" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SubordinatedDebtTierIICapital_35e8f26f-b607-4419-b2b8-51ced33e6f8d_terseLabel_en-US" xlink:label="lab_itub_SubordinatedDebtTierIICapital" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subordinated debt, Tier II capital</link:label>
    <link:label id="lab_itub_SubordinatedDebtTierIICapital_label_en-US" xlink:label="lab_itub_SubordinatedDebtTierIICapital" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subordinated Debt, Tier II Capital</link:label>
    <link:label id="lab_itub_SubordinatedDebtTierIICapital_documentation_en-US" xlink:label="lab_itub_SubordinatedDebtTierIICapital" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Subordinated Debt, Tier II Capital</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SubordinatedDebtTierIICapital" xlink:href="itub-20251231.xsd#itub_SubordinatedDebtTierIICapital"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SubordinatedDebtTierIICapital" xlink:to="lab_itub_SubordinatedDebtTierIICapital" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ShareBasedCompensationArrangementVariableCompensationArrangementCompensationPeriod_019dd2aa-be9c-7bf5-a2d8-92b2a213515e_terseLabel_en-US" xlink:label="lab_itub_ShareBasedCompensationArrangementVariableCompensationArrangementCompensationPeriod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable compensation share deferral period</link:label>
    <link:label id="lab_itub_ShareBasedCompensationArrangementVariableCompensationArrangementCompensationPeriod_label_en-US" xlink:label="lab_itub_ShareBasedCompensationArrangementVariableCompensationArrangementCompensationPeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement, Variable Compensation Arrangement, Compensation Period</link:label>
    <link:label id="lab_itub_ShareBasedCompensationArrangementVariableCompensationArrangementCompensationPeriod_documentation_en-US" xlink:label="lab_itub_ShareBasedCompensationArrangementVariableCompensationArrangementCompensationPeriod" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement, Variable Compensation Arrangement, Compensation Period</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ShareBasedCompensationArrangementVariableCompensationArrangementCompensationPeriod" xlink:href="itub-20251231.xsd#itub_ShareBasedCompensationArrangementVariableCompensationArrangementCompensationPeriod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ShareBasedCompensationArrangementVariableCompensationArrangementCompensationPeriod" xlink:to="lab_itub_ShareBasedCompensationArrangementVariableCompensationArrangementCompensationPeriod" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DiscountRatesTR_9054269a-a2b3-4190-96a9-f377d428d36d_terseLabel_en-US" xlink:label="lab_itub_DiscountRatesTR" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">TR</link:label>
    <link:label id="lab_itub_DiscountRatesTR_label_en-US" xlink:label="lab_itub_DiscountRatesTR" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">TR</link:label>
    <link:label id="lab_itub_DiscountRatesTR_documentation_en-US" xlink:label="lab_itub_DiscountRatesTR" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">TR</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DiscountRatesTR" xlink:href="itub-20251231.xsd#itub_DiscountRatesTR"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DiscountRatesTR" xlink:to="lab_itub_DiscountRatesTR" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_5bee492a-7ac5-4715-9ab7-e17ad9f72230_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">From 2 to 3 years</link:label>
    <link:label id="lab_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_8707fafd-f65d-4e8c-8e07-effb36c27b86_verboseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Over 720 days</link:label>
    <link:label id="lab_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than two years and not later than three years [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:to="lab_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives_d3012cac-de97-4fe2-b15f-c9f35d2f662a_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for gains (losses) on change in fair value of derivatives</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives" xlink:to="lab_ifrs-full_AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AmortizationExpense_a35aa6d6-9ab0-478b-bd06-02d53dd27b8b_terseLabel_en-US" xlink:label="lab_itub_AmortizationExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amortization expense</link:label>
    <link:label id="lab_itub_AmortizationExpense_label_en-US" xlink:label="lab_itub_AmortizationExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amortization Expense</link:label>
    <link:label id="lab_itub_AmortizationExpense_documentation_en-US" xlink:label="lab_itub_AmortizationExpense" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amortization Expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AmortizationExpense" xlink:href="itub-20251231.xsd#itub_AmortizationExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AmortizationExpense" xlink:to="lab_itub_AmortizationExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AdjustmentsForInterestAndForeignExchangeExpenseFromOperationsWithSubordinatedDebt_6ad20355-26da-4d26-8441-f5f7aec3a8b8_terseLabel_en-US" xlink:label="lab_itub_AdjustmentsForInterestAndForeignExchangeExpenseFromOperationsWithSubordinatedDebt" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income from interest and foreign exchange variation from operations with subordinated debt</link:label>
    <link:label id="lab_itub_AdjustmentsForInterestAndForeignExchangeExpenseFromOperationsWithSubordinatedDebt_label_en-US" xlink:label="lab_itub_AdjustmentsForInterestAndForeignExchangeExpenseFromOperationsWithSubordinatedDebt" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income from interest and foreign exchange variation from operations with subordinated debt</link:label>
    <link:label id="lab_itub_AdjustmentsForInterestAndForeignExchangeExpenseFromOperationsWithSubordinatedDebt_documentation_en-US" xlink:label="lab_itub_AdjustmentsForInterestAndForeignExchangeExpenseFromOperationsWithSubordinatedDebt" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Income from interest and foreign exchange variation from operations with subordinated debt</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AdjustmentsForInterestAndForeignExchangeExpenseFromOperationsWithSubordinatedDebt" xlink:href="itub-20251231.xsd#itub_AdjustmentsForInterestAndForeignExchangeExpenseFromOperationsWithSubordinatedDebt"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AdjustmentsForInterestAndForeignExchangeExpenseFromOperationsWithSubordinatedDebt" xlink:to="lab_itub_AdjustmentsForInterestAndForeignExchangeExpenseFromOperationsWithSubordinatedDebt" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DepositBalance_08d5ae52-bc9d-4da7-b6ac-2891c31b5b3e_terseLabel_en-US" xlink:label="lab_itub_DepositBalance" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deposit balance</link:label>
    <link:label id="lab_itub_DepositBalance_label_en-US" xlink:label="lab_itub_DepositBalance" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deposit Balance</link:label>
    <link:label id="lab_itub_DepositBalance_documentation_en-US" xlink:label="lab_itub_DepositBalance" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deposit Balance</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DepositBalance" xlink:href="itub-20251231.xsd#itub_DepositBalance"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DepositBalance" xlink:to="lab_itub_DepositBalance" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DataProcessingAndTelecommunications_20b67705-8a5d-4019-a887-7e85e83c6280_negatedLabel_en-US" xlink:label="lab_itub_DataProcessingAndTelecommunications" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Data processing and telecommunications</link:label>
    <link:label id="lab_itub_DataProcessingAndTelecommunications_label_en-US" xlink:label="lab_itub_DataProcessingAndTelecommunications" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Data Processing And Telecommunications</link:label>
    <link:label id="lab_itub_DataProcessingAndTelecommunications_documentation_en-US" xlink:label="lab_itub_DataProcessingAndTelecommunications" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Data Processing And Telecommunications</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DataProcessingAndTelecommunications" xlink:href="itub-20251231.xsd#itub_DataProcessingAndTelecommunications"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DataProcessingAndTelecommunications" xlink:to="lab_itub_DataProcessingAndTelecommunications" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressesTable_fe419821-bb14-4fd8-9e10-5806562eae84_terseLabel_en-US" xlink:label="lab_dei_EntityAddressesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Addresses [Table]</link:label>
    <link:label id="lab_dei_EntityAddressesTable_label_en-US" xlink:label="lab_dei_EntityAddressesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Addresses [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressesTable" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressesTable" xlink:to="lab_dei_EntityAddressesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_BancoItauMember_4c0ce2ee-25c1-4069-9524-e889a780313f_terseLabel_en-US" xlink:label="lab_itub_BancoItauMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Banco ITAU Chile</link:label>
    <link:label id="lab_itub_BancoItauMember_label_en-US" xlink:label="lab_itub_BancoItauMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Banco Itau [Member]</link:label>
    <link:label id="lab_itub_BancoItauMember_documentation_en-US" xlink:label="lab_itub_BancoItauMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Banco Itau [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_BancoItauMember" xlink:href="itub-20251231.xsd#itub_BancoItauMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_BancoItauMember" xlink:to="lab_itub_BancoItauMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestMargin_c1830174-19a2-4937-a14a-cc00a9b9ed0a_terseLabel_en-US" xlink:label="lab_itub_InterestMargin" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest margin</link:label>
    <link:label id="lab_itub_InterestMargin_label_en-US" xlink:label="lab_itub_InterestMargin" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Margin</link:label>
    <link:label id="lab_itub_InterestMargin_documentation_en-US" xlink:label="lab_itub_InterestMargin" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest Margin</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestMargin" xlink:href="itub-20251231.xsd#itub_InterestMargin"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestMargin" xlink:to="lab_itub_InterestMargin" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable_2fc73391-922a-42f9-9b84-da44ba11066c_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about borrowings [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about borrowings [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsLineItems_b98135cd-96ab-4b67-9fd6-2dff1a5e526c_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of sensitivity analysis for actuarial assumptions [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of sensitivity analysis for actuarial assumptions [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsLineItems" xlink:to="lab_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_GrantingOfTheSharebasedPaymentMember_0107f4dc-8cf5-44c4-800b-e8a725157a5b_terseLabel_en-US" xlink:label="lab_itub_GrantingOfTheSharebasedPaymentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based payment plan</link:label>
    <link:label id="lab_itub_GrantingOfTheSharebasedPaymentMember_label_en-US" xlink:label="lab_itub_GrantingOfTheSharebasedPaymentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Granting Of The Sharebased Payment [Member]</link:label>
    <link:label id="lab_itub_GrantingOfTheSharebasedPaymentMember_documentation_en-US" xlink:label="lab_itub_GrantingOfTheSharebasedPaymentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Granting Of The Sharebased Payment [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_GrantingOfTheSharebasedPaymentMember" xlink:href="itub-20251231.xsd#itub_GrantingOfTheSharebasedPaymentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_GrantingOfTheSharebasedPaymentMember" xlink:to="lab_itub_GrantingOfTheSharebasedPaymentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatementOfChangesInEquityLineItems_042025cf-9389-4040-a479-f2eef63a20b2_terseLabel_en-US" xlink:label="lab_ifrs-full_StatementOfChangesInEquityLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement of changes in equity [line items]</link:label>
    <link:label id="lab_ifrs-full_StatementOfChangesInEquityLineItems_label_en-US" xlink:label="lab_ifrs-full_StatementOfChangesInEquityLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of changes in equity [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfChangesInEquityLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfChangesInEquityLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfChangesInEquityLineItems" xlink:to="lab_ifrs-full_StatementOfChangesInEquityLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ProvisionRelatedToHealthInsuranceOperationsMember_474e83d7-c530-49ad-ad00-bdf2c6a516b4_terseLabel_en-US" xlink:label="lab_itub_ProvisionRelatedToHealthInsuranceOperationsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Provision relating to health insurance operations</link:label>
    <link:label id="lab_itub_ProvisionRelatedToHealthInsuranceOperationsMember_label_en-US" xlink:label="lab_itub_ProvisionRelatedToHealthInsuranceOperationsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Provision Related To Health Insurance Operations [Member]</link:label>
    <link:label id="lab_itub_ProvisionRelatedToHealthInsuranceOperationsMember_documentation_en-US" xlink:label="lab_itub_ProvisionRelatedToHealthInsuranceOperationsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Provision Related To Health Insurance Operations [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ProvisionRelatedToHealthInsuranceOperationsMember" xlink:href="itub-20251231.xsd#itub_ProvisionRelatedToHealthInsuranceOperationsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ProvisionRelatedToHealthInsuranceOperationsMember" xlink:to="lab_itub_ProvisionRelatedToHealthInsuranceOperationsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IncomeContractualMember_c02bbf55-c0c1-423e-b43d-72eada927f18_terseLabel_en-US" xlink:label="lab_itub_IncomeContractualMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income Contractual</link:label>
    <link:label id="lab_itub_IncomeContractualMember_label_en-US" xlink:label="lab_itub_IncomeContractualMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Contractual [Member]</link:label>
    <link:label id="lab_itub_IncomeContractualMember_documentation_en-US" xlink:label="lab_itub_IncomeContractualMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Income Operating [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IncomeContractualMember" xlink:href="itub-20251231.xsd#itub_IncomeContractualMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IncomeContractualMember" xlink:to="lab_itub_IncomeContractualMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TwoThousandAndThirtyFourMember_72a98f38-6864-425f-b8bd-6eb20b42604d_terseLabel_en-US" xlink:label="lab_itub_TwoThousandAndThirtyFourMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2034</link:label>
    <link:label id="lab_itub_TwoThousandAndThirtyFourMember_label_en-US" xlink:label="lab_itub_TwoThousandAndThirtyFourMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Two Thousand And Thirty Four [Member]</link:label>
    <link:label id="lab_itub_TwoThousandAndThirtyFourMember_documentation_en-US" xlink:label="lab_itub_TwoThousandAndThirtyFourMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Two Thousand And Thirty Four [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TwoThousandAndThirtyFourMember" xlink:href="itub-20251231.xsd#itub_TwoThousandAndThirtyFourMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TwoThousandAndThirtyFourMember" xlink:to="lab_itub_TwoThousandAndThirtyFourMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialInstrumentDesignatedAsHedgingInstrumentsAtFairValue_640f07fe-2f9f-4b78-b092-01c399c6c74a_terseLabel_en-US" xlink:label="lab_itub_FinancialInstrumentDesignatedAsHedgingInstrumentsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value adjustment</link:label>
    <link:label id="lab_itub_FinancialInstrumentDesignatedAsHedgingInstrumentsAtFairValue_label_en-US" xlink:label="lab_itub_FinancialInstrumentDesignatedAsHedgingInstrumentsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial instruments designated as hedging instruments, at fair value</link:label>
    <link:label id="lab_itub_FinancialInstrumentDesignatedAsHedgingInstrumentsAtFairValue_documentation_en-US" xlink:label="lab_itub_FinancialInstrumentDesignatedAsHedgingInstrumentsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial instruments designated as hedging instruments, at fair value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialInstrumentDesignatedAsHedgingInstrumentsAtFairValue" xlink:href="itub-20251231.xsd#itub_FinancialInstrumentDesignatedAsHedgingInstrumentsAtFairValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialInstrumentDesignatedAsHedgingInstrumentsAtFairValue" xlink:to="lab_itub_FinancialInstrumentDesignatedAsHedgingInstrumentsAtFairValue" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellTextBlock_2a6863a2-c4b4-4ce0-b9f6-f5374b2575c8_terseLabel_en-US" xlink:label="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interbank deposits and securities purchased under agreements to resell</link:label>
    <link:label id="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellTextBlock_label_en-US" xlink:label="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interbank deposits and securities purchased under agreements to resell [Text Block]</link:label>
    <link:label id="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellTextBlock_documentation_en-US" xlink:label="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interbank deposits and securities purchased under agreements to resell</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellTextBlock" xlink:href="itub-20251231.xsd#itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellTextBlock" xlink:to="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AmountsRecognizedInIncome_a5d6f05d-7ba3-434b-83d3-6211c7dfe8b8_terseLabel_en-US" xlink:label="lab_itub_AmountsRecognizedInIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amounts recognized in income (1+2+3+4)</link:label>
    <link:label id="lab_itub_AmountsRecognizedInIncome_label_en-US" xlink:label="lab_itub_AmountsRecognizedInIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amounts Recognized In Income</link:label>
    <link:label id="lab_itub_AmountsRecognizedInIncome_documentation_en-US" xlink:label="lab_itub_AmountsRecognizedInIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amounts Recognized In Income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AmountsRecognizedInIncome" xlink:href="itub-20251231.xsd#itub_AmountsRecognizedInIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AmountsRecognizedInIncome" xlink:to="lab_itub_AmountsRecognizedInIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TransferFromLifetimeExpectedCreditLossesCreditImpairedMember_019d55be-2b89-7f65-876d-3b4f6eb9870d_terseLabel_en-US" xlink:label="lab_itub_TransferFromLifetimeExpectedCreditLossesCreditImpairedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cure from stage 3</link:label>
    <link:label id="lab_itub_TransferFromLifetimeExpectedCreditLossesCreditImpairedMember_label_en-US" xlink:label="lab_itub_TransferFromLifetimeExpectedCreditLossesCreditImpairedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfer From Lifetime Expected Credit Losses Credit Impaired [Member]</link:label>
    <link:label id="lab_itub_TransferFromLifetimeExpectedCreditLossesCreditImpairedMember_documentation_en-US" xlink:label="lab_itub_TransferFromLifetimeExpectedCreditLossesCreditImpairedMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Transfer From Lifetime Expected Credit Losses Credit Impaired</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TransferFromLifetimeExpectedCreditLossesCreditImpairedMember" xlink:href="itub-20251231.xsd#itub_TransferFromLifetimeExpectedCreditLossesCreditImpairedMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TransferFromLifetimeExpectedCreditLossesCreditImpairedMember" xlink:to="lab_itub_TransferFromLifetimeExpectedCreditLossesCreditImpairedMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DefinedBenefitPlansByNameAxis_28b54284-a363-4a6d-b0b5-51f4ccaefe8b_terseLabel_en-US" xlink:label="lab_itub_DefinedBenefitPlansByNameAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Defined Benefit Plans By Name [Axis]</link:label>
    <link:label id="lab_itub_DefinedBenefitPlansByNameAxis_label_en-US" xlink:label="lab_itub_DefinedBenefitPlansByNameAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plans By Name [Axis]</link:label>
    <link:label id="lab_itub_DefinedBenefitPlansByNameAxis_documentation_en-US" xlink:label="lab_itub_DefinedBenefitPlansByNameAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Defined Benefit Plans By Name [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DefinedBenefitPlansByNameAxis" xlink:href="itub-20251231.xsd#itub_DefinedBenefitPlansByNameAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DefinedBenefitPlansByNameAxis" xlink:to="lab_itub_DefinedBenefitPlansByNameAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_BancoItauConsignadoSAMember_77bd6abb-402b-43d2-93e1-31033094c1e2_terseLabel_en-US" xlink:label="lab_itub_BancoItauConsignadoSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Banco Ita&#250; Consignado S.A.</link:label>
    <link:label id="lab_itub_BancoItauConsignadoSAMember_label_en-US" xlink:label="lab_itub_BancoItauConsignadoSAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Banco Itau Consignado S.A. [Member]</link:label>
    <link:label id="lab_itub_BancoItauConsignadoSAMember_documentation_en-US" xlink:label="lab_itub_BancoItauConsignadoSAMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Banco Itau Consignado S.A.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_BancoItauConsignadoSAMember" xlink:href="itub-20251231.xsd#itub_BancoItauConsignadoSAMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_BancoItauConsignadoSAMember" xlink:to="lab_itub_BancoItauConsignadoSAMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CureToStageTwoAllowanceAccountForCreditLossesOfFinancialAssets_019dcda8-1197-7ff3-aa91-ef343a1ac25c_negatedTerseLabel_en-US" xlink:label="lab_itub_CureToStageTwoAllowanceAccountForCreditLossesOfFinancialAssets" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Cure to Stage 2</link:label>
    <link:label id="lab_itub_CureToStageTwoAllowanceAccountForCreditLossesOfFinancialAssets_label_en-US" xlink:label="lab_itub_CureToStageTwoAllowanceAccountForCreditLossesOfFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cure to Stage 2</link:label>
    <link:label id="lab_itub_CureToStageTwoAllowanceAccountForCreditLossesOfFinancialAssets_documentation_en-US" xlink:label="lab_itub_CureToStageTwoAllowanceAccountForCreditLossesOfFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cure to Stage 2</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CureToStageTwoAllowanceAccountForCreditLossesOfFinancialAssets" xlink:href="itub-20251231.xsd#itub_CureToStageTwoAllowanceAccountForCreditLossesOfFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CureToStageTwoAllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="lab_itub_CureToStageTwoAllowanceAccountForCreditLossesOfFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IncreaseInProvisionForDeferredTaxAndContributions_fc022508-fc25-4eab-a920-2769bb345f74_verboseLabel_en-US" xlink:label="lab_itub_IncreaseInProvisionForDeferredTaxAndContributions" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Increase</link:label>
    <link:label id="lab_itub_IncreaseInProvisionForDeferredTaxAndContributions_label_en-US" xlink:label="lab_itub_IncreaseInProvisionForDeferredTaxAndContributions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase In Provision For Deferred Tax And Contributions</link:label>
    <link:label id="lab_itub_IncreaseInProvisionForDeferredTaxAndContributions_documentation_en-US" xlink:label="lab_itub_IncreaseInProvisionForDeferredTaxAndContributions" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase In Provision For Deferred Tax And Contributions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IncreaseInProvisionForDeferredTaxAndContributions" xlink:href="itub-20251231.xsd#itub_IncreaseInProvisionForDeferredTaxAndContributions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IncreaseInProvisionForDeferredTaxAndContributions" xlink:to="lab_itub_IncreaseInProvisionForDeferredTaxAndContributions" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IntangibleAssetsAndGoodwillBookValue_5f9383a5-e824-4afa-b6cc-d78c0f30576f_verboseLabel_en-US" xlink:label="lab_itub_IntangibleAssetsAndGoodwillBookValue" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Book value</link:label>
    <link:label id="lab_itub_IntangibleAssetsAndGoodwillBookValue_label_en-US" xlink:label="lab_itub_IntangibleAssetsAndGoodwillBookValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Intangible Assets And Goodwill Book Value</link:label>
    <link:label id="lab_itub_IntangibleAssetsAndGoodwillBookValue_documentation_en-US" xlink:label="lab_itub_IntangibleAssetsAndGoodwillBookValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Intangible Assets And Goodwill Book Value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IntangibleAssetsAndGoodwillBookValue" xlink:href="itub-20251231.xsd#itub_IntangibleAssetsAndGoodwillBookValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IntangibleAssetsAndGoodwillBookValue" xlink:to="lab_itub_IntangibleAssetsAndGoodwillBookValue" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_MarketValueMaximum_f5539e44-f8bd-4e44-82c1-950b222f6e4e_terseLabel_en-US" xlink:label="lab_itub_MarketValueMaximum" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum (in brl per share)</link:label>
    <link:label id="lab_itub_MarketValueMaximum_label_en-US" xlink:label="lab_itub_MarketValueMaximum" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Market Value Maximum</link:label>
    <link:label id="lab_itub_MarketValueMaximum_documentation_en-US" xlink:label="lab_itub_MarketValueMaximum" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Market Value Maximum</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_MarketValueMaximum" xlink:href="itub-20251231.xsd#itub_MarketValueMaximum"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_MarketValueMaximum" xlink:to="lab_itub_MarketValueMaximum" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_aba1e6bc-bdbf-47e8-bf37-c0263207c909_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial assets at fair value through other comprehensive income</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_label_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets at fair value through profit or loss, category [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember" xlink:to="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestRevenueAndForeignExchangeIncomeForFinancialAssetsMeasuredAtAmortisedCost_a54d9d70-c1bb-4a37-a6c3-09f6968b1e5f_negatedLabel_en-US" xlink:label="lab_itub_InterestRevenueAndForeignExchangeIncomeForFinancialAssetsMeasuredAtAmortisedCost" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Income from interest and foreign exchange variation of financial assets at amortized cost</link:label>
    <link:label id="lab_itub_InterestRevenueAndForeignExchangeIncomeForFinancialAssetsMeasuredAtAmortisedCost_label_en-US" xlink:label="lab_itub_InterestRevenueAndForeignExchangeIncomeForFinancialAssetsMeasuredAtAmortisedCost" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">InterestRevenueAndForeignExchangeIncomeForFinancialAssetsMeasuredAtAmortisedCost</link:label>
    <link:label id="lab_itub_InterestRevenueAndForeignExchangeIncomeForFinancialAssetsMeasuredAtAmortisedCost_documentation_en-US" xlink:label="lab_itub_InterestRevenueAndForeignExchangeIncomeForFinancialAssetsMeasuredAtAmortisedCost" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">InterestRevenueAndForeignExchangeIncomeForFinancialAssetsMeasuredAtAmortisedCost</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestRevenueAndForeignExchangeIncomeForFinancialAssetsMeasuredAtAmortisedCost" xlink:href="itub-20251231.xsd#itub_InterestRevenueAndForeignExchangeIncomeForFinancialAssetsMeasuredAtAmortisedCost"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestRevenueAndForeignExchangeIncomeForFinancialAssetsMeasuredAtAmortisedCost" xlink:to="lab_itub_InterestRevenueAndForeignExchangeIncomeForFinancialAssetsMeasuredAtAmortisedCost" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentMember_cb0c0daa-6f4c-4db5-9729-7d03dc4fcc5f_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current</link:label>
    <link:label id="lab_ifrs-full_CurrentMember_label_en-US" xlink:label="lab_ifrs-full_CurrentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentMember" xlink:to="lab_ifrs-full_CurrentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_5df788af-db94-4aa3-b220-496184087c77_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exchange variation</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through net exchange differences, intangible assets and goodwill</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatementOfFinancialPositionAbstract_3405718e-d368-4de9-9933-f1dedf9f3fbe_terseLabel_en-US" xlink:label="lab_ifrs-full_StatementOfFinancialPositionAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement of lncome</link:label>
    <link:label id="lab_ifrs-full_StatementOfFinancialPositionAbstract_label_en-US" xlink:label="lab_ifrs-full_StatementOfFinancialPositionAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of financial position [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfFinancialPositionAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfFinancialPositionAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfFinancialPositionAbstract" xlink:to="lab_ifrs-full_StatementOfFinancialPositionAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfInterestExpenseExplanatory_1b28b38b-388a-4e5b-b3aa-7dce7d1c198b_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfInterestExpenseExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Interest and Similar Expense</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfInterestExpenseExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfInterestExpenseExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of interest expense [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfInterestExpenseExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfInterestExpenseExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInterestExpenseExplanatory" xlink:to="lab_ifrs-full_DisclosureOfInterestExpenseExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember_019d63e1-e967-7b08-860e-4d49a80cd0f6_terseLabel_en-US" xlink:label="lab_itub_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial assets measured at fair value through other comprehensive income</link:label>
    <link:label id="lab_itub_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember_label_en-US" xlink:label="lab_itub_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets measured at fair value through other comprehensive income [Member]</link:label>
    <link:label id="lab_itub_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember_documentation_en-US" xlink:label="lab_itub_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial assets measured at fair value through other comprehensive income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" xlink:href="itub-20251231.xsd#itub_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" xlink:to="lab_itub_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TransferOfFinancialAssetsMember_019c9081-3bcb-763b-b01c-2e4901d5eb16_terseLabel_en-US" xlink:label="lab_itub_TransferOfFinancialAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transfer of financial assets</link:label>
    <link:label id="lab_itub_TransferOfFinancialAssetsMember_label_en-US" xlink:label="lab_itub_TransferOfFinancialAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfer of financial assets [Member]</link:label>
    <link:label id="lab_itub_TransferOfFinancialAssetsMember_documentation_en-US" xlink:label="lab_itub_TransferOfFinancialAssetsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Transfer of financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TransferOfFinancialAssetsMember" xlink:href="itub-20251231.xsd#itub_TransferOfFinancialAssetsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TransferOfFinancialAssetsMember" xlink:to="lab_itub_TransferOfFinancialAssetsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_CoverAbstract_label_en-US" xlink:label="lab_dei_CoverAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cover [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CoverAbstract" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CoverAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CoverAbstract" xlink:to="lab_dei_CoverAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SharesOfCapitalStockSharesBonusSharesIssuedDuringPeriod_019c91c7-6afe-7d21-bc6d-15555c4323fa_terseLabel_en-US" xlink:label="lab_itub_SharesOfCapitalStockSharesBonusSharesIssuedDuringPeriod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bonus shares - Outstanding</link:label>
    <link:label id="lab_itub_SharesOfCapitalStockSharesBonusSharesIssuedDuringPeriod_label_en-US" xlink:label="lab_itub_SharesOfCapitalStockSharesBonusSharesIssuedDuringPeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Shares Of Capital Stock, Shares, Bonus Shares Issued During Period</link:label>
    <link:label id="lab_itub_SharesOfCapitalStockSharesBonusSharesIssuedDuringPeriod_documentation_en-US" xlink:label="lab_itub_SharesOfCapitalStockSharesBonusSharesIssuedDuringPeriod" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Shares Of Capital Stock, Shares, Bonus Shares Issued During Period</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SharesOfCapitalStockSharesBonusSharesIssuedDuringPeriod" xlink:href="itub-20251231.xsd#itub_SharesOfCapitalStockSharesBonusSharesIssuedDuringPeriod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SharesOfCapitalStockSharesBonusSharesIssuedDuringPeriod" xlink:to="lab_itub_SharesOfCapitalStockSharesBonusSharesIssuedDuringPeriod" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DefinedBenefitPlansAxis_89b3050a-01d0-45ac-bc02-ca8c80f0c83e_terseLabel_en-US" xlink:label="lab_ifrs-full_DefinedBenefitPlansAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Defined benefit plans [axis]</link:label>
    <link:label id="lab_ifrs-full_DefinedBenefitPlansAxis_label_en-US" xlink:label="lab_ifrs-full_DefinedBenefitPlansAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined benefit plans [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DefinedBenefitPlansAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DefinedBenefitPlansAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DefinedBenefitPlansAxis" xlink:to="lab_ifrs-full_DefinedBenefitPlansAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_BanfurLnternationalSAMember_0c21cff4-4535-4675-a040-c95b491a0b3b_terseLabel_en-US" xlink:label="lab_itub_BanfurLnternationalSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Banfur lnternational S.A.</link:label>
    <link:label id="lab_itub_BanfurLnternationalSAMember_label_en-US" xlink:label="lab_itub_BanfurLnternationalSAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Banfur lnternational S A [Member]</link:label>
    <link:label id="lab_itub_BanfurLnternationalSAMember_documentation_en-US" xlink:label="lab_itub_BanfurLnternationalSAMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Banfurlnternational S A [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_BanfurLnternationalSAMember" xlink:href="itub-20251231.xsd#itub_BanfurLnternationalSAMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_BanfurLnternationalSAMember" xlink:to="lab_itub_BanfurLnternationalSAMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DerivativeInstrumentDomain_a0882df0-d12e-4621-8375-b3e9954f142e_terseLabel_en-US" xlink:label="lab_itub_DerivativeInstrumentDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative Instrument [Domain]</link:label>
    <link:label id="lab_itub_DerivativeInstrumentDomain_label_en-US" xlink:label="lab_itub_DerivativeInstrumentDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Instrument [Domain]</link:label>
    <link:label id="lab_itub_DerivativeInstrumentDomain_documentation_en-US" xlink:label="lab_itub_DerivativeInstrumentDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Derivative Instrument</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DerivativeInstrumentDomain" xlink:href="itub-20251231.xsd#itub_DerivativeInstrumentDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DerivativeInstrumentDomain" xlink:to="lab_itub_DerivativeInstrumentDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherInterestAndSimilarExpenseMember_9a625127-b823-4aa7-9549-9903604b4e89_terseLabel_en-US" xlink:label="lab_itub_OtherInterestAndSimilarExpenseMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_itub_OtherInterestAndSimilarExpenseMember_label_en-US" xlink:label="lab_itub_OtherInterestAndSimilarExpenseMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Interest And Similar Expense [Member]</link:label>
    <link:label id="lab_itub_OtherInterestAndSimilarExpenseMember_documentation_en-US" xlink:label="lab_itub_OtherInterestAndSimilarExpenseMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Interest And Similar Expense [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherInterestAndSimilarExpenseMember" xlink:href="itub-20251231.xsd#itub_OtherInterestAndSimilarExpenseMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherInterestAndSimilarExpenseMember" xlink:to="lab_itub_OtherInterestAndSimilarExpenseMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TotalGuaranteesOfContingenciesProvisionsAndLegalObligationsMember_a28dd235-56b5-4164-ba3a-1b66f6327a4a_terseLabel_en-US" xlink:label="lab_itub_TotalGuaranteesOfContingenciesProvisionsAndLegalObligationsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_itub_TotalGuaranteesOfContingenciesProvisionsAndLegalObligationsMember_label_en-US" xlink:label="lab_itub_TotalGuaranteesOfContingenciesProvisionsAndLegalObligationsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Guarantees Of Contingencies, Provisions And Legal Obligations [Member]</link:label>
    <link:label id="lab_itub_TotalGuaranteesOfContingenciesProvisionsAndLegalObligationsMember_documentation_en-US" xlink:label="lab_itub_TotalGuaranteesOfContingenciesProvisionsAndLegalObligationsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total Guarantees Of Contingencies, Provisions And Legal Obligations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TotalGuaranteesOfContingenciesProvisionsAndLegalObligationsMember" xlink:href="itub-20251231.xsd#itub_TotalGuaranteesOfContingenciesProvisionsAndLegalObligationsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TotalGuaranteesOfContingenciesProvisionsAndLegalObligationsMember" xlink:to="lab_itub_TotalGuaranteesOfContingenciesProvisionsAndLegalObligationsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RiskAdjustmentsForNonfinancialRiskMember_6398bd0d-3672-457f-869e-d20a03e62169_terseLabel_en-US" xlink:label="lab_itub_RiskAdjustmentsForNonfinancialRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Risk adjustment for non-financial risk</link:label>
    <link:label id="lab_itub_RiskAdjustmentsForNonfinancialRiskMember_label_en-US" xlink:label="lab_itub_RiskAdjustmentsForNonfinancialRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Risk Adjustments For Nonfinancial Risk [Member]</link:label>
    <link:label id="lab_itub_RiskAdjustmentsForNonfinancialRiskMember_documentation_en-US" xlink:label="lab_itub_RiskAdjustmentsForNonfinancialRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Risk Adjustments For Nonfinancial Risk [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RiskAdjustmentsForNonfinancialRiskMember" xlink:href="itub-20251231.xsd#itub_RiskAdjustmentsForNonfinancialRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RiskAdjustmentsForNonfinancialRiskMember" xlink:to="lab_itub_RiskAdjustmentsForNonfinancialRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_NonCompensatoryAmounts_e3f6716b-5808-466b-a2a3-e24909c16c77_terseLabel_en-US" xlink:label="lab_itub_NonCompensatoryAmounts" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-compensatory amounts</link:label>
    <link:label id="lab_itub_NonCompensatoryAmounts_label_en-US" xlink:label="lab_itub_NonCompensatoryAmounts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-Compensatory Amounts</link:label>
    <link:label id="lab_itub_NonCompensatoryAmounts_documentation_en-US" xlink:label="lab_itub_NonCompensatoryAmounts" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Non-Compensatory Amounts</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_NonCompensatoryAmounts" xlink:href="itub-20251231.xsd#itub_NonCompensatoryAmounts"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_NonCompensatoryAmounts" xlink:to="lab_itub_NonCompensatoryAmounts" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsTable_657b96f2-0bf9-40ae-bfdf-3b781d9efc54_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of sensitivity analysis for actuarial assumptions [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of sensitivity analysis for actuarial assumptions [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsTable" xlink:to="lab_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DefinedContributionPlansMember_13f5390a-51cf-4563-a8bd-5b96260e3a49_terseLabel_en-US" xlink:label="lab_itub_DefinedContributionPlansMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CD plans</link:label>
    <link:label id="lab_itub_DefinedContributionPlansMember_label_en-US" xlink:label="lab_itub_DefinedContributionPlansMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Contribution Plans [Member]</link:label>
    <link:label id="lab_itub_DefinedContributionPlansMember_documentation_en-US" xlink:label="lab_itub_DefinedContributionPlansMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Defined Contribution Plans [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DefinedContributionPlansMember" xlink:href="itub-20251231.xsd#itub_DefinedContributionPlansMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DefinedContributionPlansMember" xlink:to="lab_itub_DefinedContributionPlansMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading_67a7d6ef-7633-4bf5-81a3-0de967f86bd4_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-current</link:label>
    <link:label id="lab_ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading_label_en-US" xlink:label="lab_ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current financial assets at fair value through profit or loss, classified as held for trading</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading" xlink:to="lab_ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityShellCompany_62a68c4c-9823-44b5-8a3a-27140958ea35_terseLabel_en-US" xlink:label="lab_dei_EntityShellCompany" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Shell Company</link:label>
    <link:label id="lab_dei_EntityShellCompany_label_en-US" xlink:label="lab_dei_EntityShellCompany" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Shell Company</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityShellCompany" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityShellCompany"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityShellCompany" xlink:to="lab_dei_EntityShellCompany" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PresentValueOfNetDeferredTaxes_0cf2ef43-b49f-45c5-926b-a352c27b7720_terseLabel_en-US" xlink:label="lab_itub_PresentValueOfNetDeferredTaxes" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Present value of net deferred taxes</link:label>
    <link:label id="lab_itub_PresentValueOfNetDeferredTaxes_label_en-US" xlink:label="lab_itub_PresentValueOfNetDeferredTaxes" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Present Value Of Net Deferred Taxes</link:label>
    <link:label id="lab_itub_PresentValueOfNetDeferredTaxes_documentation_en-US" xlink:label="lab_itub_PresentValueOfNetDeferredTaxes" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Present Value Of Net Deferred Taxes</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PresentValueOfNetDeferredTaxes" xlink:href="itub-20251231.xsd#itub_PresentValueOfNetDeferredTaxes"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PresentValueOfNetDeferredTaxes" xlink:to="lab_itub_PresentValueOfNetDeferredTaxes" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths1_3ec68377-b024-4a47-8878-4f46b818c572_terseLabel_en-US" xlink:label="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2026</link:label>
    <link:label id="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths1_label_en-US" xlink:label="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months 1</link:label>
    <link:label id="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths1_documentation_en-US" xlink:label="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months 1</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths1" xlink:href="itub-20251231.xsd#itub_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths1"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths1" xlink:to="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths1" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfLiabilitiesDomain_17ebb3c8-624c-4d22-b16b-35774043cb69_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of liabilities [domain]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfLiabilitiesDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of liabilities [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfLiabilitiesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfLiabilitiesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfLiabilitiesDomain" xlink:to="lab_ifrs-full_ClassesOfLiabilitiesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TotalCapitalRatio_6cdb9c46-5cd1-4695-a8de-1c546bb7f31a_terseLabel_en-US" xlink:label="lab_itub_TotalCapitalRatio" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total capital ratio (%)</link:label>
    <link:label id="lab_itub_TotalCapitalRatio_label_en-US" xlink:label="lab_itub_TotalCapitalRatio" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Capital Ratio (%)</link:label>
    <link:label id="lab_itub_TotalCapitalRatio_documentation_en-US" xlink:label="lab_itub_TotalCapitalRatio" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total Capital Ratio (%)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TotalCapitalRatio" xlink:href="itub-20251231.xsd#itub_TotalCapitalRatio"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TotalCapitalRatio" xlink:to="lab_itub_TotalCapitalRatio" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_GainsLossesOnFinancialAssetsMeasuredAtFairValueMeasurementThroughProfitLoss_019d6a64-f3c0-7631-8ea3-1d8a177b75d8_terseLabel_en-US" xlink:label="lab_itub_GainsLossesOnFinancialAssetsMeasuredAtFairValueMeasurementThroughProfitLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income</link:label>
    <link:label id="lab_itub_GainsLossesOnFinancialAssetsMeasuredAtFairValueMeasurementThroughProfitLoss_label_en-US" xlink:label="lab_itub_GainsLossesOnFinancialAssetsMeasuredAtFairValueMeasurementThroughProfitLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (Losses) On Financial Assets Measured At Fair Value Measurement Through Profit (Loss)</link:label>
    <link:label id="lab_itub_GainsLossesOnFinancialAssetsMeasuredAtFairValueMeasurementThroughProfitLoss_documentation_en-US" xlink:label="lab_itub_GainsLossesOnFinancialAssetsMeasuredAtFairValueMeasurementThroughProfitLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Gains (Losses) On Financial Assets Measured At Fair Value Measurement Through Profit (Loss)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_GainsLossesOnFinancialAssetsMeasuredAtFairValueMeasurementThroughProfitLoss" xlink:href="itub-20251231.xsd#itub_GainsLossesOnFinancialAssetsMeasuredAtFairValueMeasurementThroughProfitLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_GainsLossesOnFinancialAssetsMeasuredAtFairValueMeasurementThroughProfitLoss" xlink:to="lab_itub_GainsLossesOnFinancialAssetsMeasuredAtFairValueMeasurementThroughProfitLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_EurobondsAndOtherMember_440a89ef-b157-498f-a62c-63d5c59b5b79_terseLabel_en-US" xlink:label="lab_itub_EurobondsAndOtherMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Eurobonds and other</link:label>
    <link:label id="lab_itub_EurobondsAndOtherMember_label_en-US" xlink:label="lab_itub_EurobondsAndOtherMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Eurobonds And Other [Member]</link:label>
    <link:label id="lab_itub_EurobondsAndOtherMember_documentation_en-US" xlink:label="lab_itub_EurobondsAndOtherMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Eurobonds And Other [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_EurobondsAndOtherMember" xlink:href="itub-20251231.xsd#itub_EurobondsAndOtherMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_EurobondsAndOtherMember" xlink:to="lab_itub_EurobondsAndOtherMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfCreditRiskExplanatory_c6a78962-0b53-49a1-9d63-d754608c8acf_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfCreditRiskExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule Of Portfolio Of Credit Derivatives</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfCreditRiskExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfCreditRiskExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of credit risk [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfCreditRiskExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfCreditRiskExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfCreditRiskExplanatory" xlink:to="lab_ifrs-full_DisclosureOfCreditRiskExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFive_041c3ecd-bf21-499e-a954-3196f972ef76_terseLabel_en-US" xlink:label="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFive" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2030</link:label>
    <link:label id="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFive_label_en-US" xlink:label="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFive" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan Expected Future Benefit Payment Year Five</link:label>
    <link:label id="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFive_documentation_en-US" xlink:label="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFive" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan Expected Future Benefit Payment Year Five</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFive" xlink:href="itub-20251231.xsd#itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFive"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFive" xlink:to="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFive" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PercentageOfInterestOwnedAfterTheAcquisition_019d44a1-2775-71ff-a507-4f4d44d935bb_terseLabel_en-US" xlink:label="lab_itub_PercentageOfInterestOwnedAfterTheAcquisition" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of interest owned after the acquisition</link:label>
    <link:label id="lab_itub_PercentageOfInterestOwnedAfterTheAcquisition_label_en-US" xlink:label="lab_itub_PercentageOfInterestOwnedAfterTheAcquisition" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Interest Owned After The Acquisition</link:label>
    <link:label id="lab_itub_PercentageOfInterestOwnedAfterTheAcquisition_documentation_en-US" xlink:label="lab_itub_PercentageOfInterestOwnedAfterTheAcquisition" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage Of Interest Owned After The Acquisition</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PercentageOfInterestOwnedAfterTheAcquisition" xlink:href="itub-20251231.xsd#itub_PercentageOfInterestOwnedAfterTheAcquisition"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PercentageOfInterestOwnedAfterTheAcquisition" xlink:to="lab_itub_PercentageOfInterestOwnedAfterTheAcquisition" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentFiscalPeriodFocus_6d747644-12ef-40ed-adde-6881fcc742f5_terseLabel_en-US" xlink:label="lab_dei_DocumentFiscalPeriodFocus" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Fiscal Period Focus</link:label>
    <link:label id="lab_dei_DocumentFiscalPeriodFocus_label_en-US" xlink:label="lab_dei_DocumentFiscalPeriodFocus" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Fiscal Period Focus</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentFiscalPeriodFocus" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentFiscalPeriodFocus"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentFiscalPeriodFocus" xlink:to="lab_dei_DocumentFiscalPeriodFocus" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_MarketRiskDomain_3cc22a5f-a1a1-4f2f-8646-571cc9973b8e_terseLabel_en-US" xlink:label="lab_itub_MarketRiskDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Market Risk [Domain]</link:label>
    <link:label id="lab_itub_MarketRiskDomain_label_en-US" xlink:label="lab_itub_MarketRiskDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Market Risk [Domain]</link:label>
    <link:label id="lab_itub_MarketRiskDomain_documentation_en-US" xlink:label="lab_itub_MarketRiskDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Market Risk</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_MarketRiskDomain" xlink:href="itub-20251231.xsd#itub_MarketRiskDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_MarketRiskDomain" xlink:to="lab_itub_MarketRiskDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestOnCapitalMonthlyInstallmentValue_019da971-7098-7b77-ba47-b1f7276b5c11_totalLabel_en-US" xlink:label="lab_itub_InterestOnCapitalMonthlyInstallmentValue" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Interest on capital - 1 monthly installment, value</link:label>
    <link:label id="lab_itub_InterestOnCapitalMonthlyInstallmentValue_label_en-US" xlink:label="lab_itub_InterestOnCapitalMonthlyInstallmentValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest On Capital - Monthly Installment, Value</link:label>
    <link:label id="lab_itub_InterestOnCapitalMonthlyInstallmentValue_documentation_en-US" xlink:label="lab_itub_InterestOnCapitalMonthlyInstallmentValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest On Capital - Monthly Installment, Value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestOnCapitalMonthlyInstallmentValue" xlink:href="itub-20251231.xsd#itub_InterestOnCapitalMonthlyInstallmentValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestOnCapitalMonthlyInstallmentValue" xlink:to="lab_itub_InterestOnCapitalMonthlyInstallmentValue" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Assets_38c8e572-f720-4192-bac8-a5e531e728d9_totalLabel_en-US" xlink:label="lab_ifrs-full_Assets" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total assets</link:label>
    <link:label id="lab_ifrs-full_Assets_01e73198-96a8-4ed6-b470-c13e153c1b9d_verboseLabel_en-US" xlink:label="lab_ifrs-full_Assets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:label id="lab_ifrs-full_Assets_28d249fc-a7c5-4b39-9211-fc2f4122d5a0_terseLabel_en-US" xlink:label="lab_ifrs-full_Assets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total assets</link:label>
    <link:label id="lab_ifrs-full_Assets_label_en-US" xlink:label="lab_ifrs-full_Assets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Assets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Assets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Assets" xlink:to="lab_ifrs-full_Assets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationBeforeTax_46921c35-4506-41a1-9552-2a3d366e7db2_terseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationBeforeTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign exchange results and exchange variations in foreign transactions</link:label>
    <link:label id="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationBeforeTax_label_en-US" xlink:label="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationBeforeTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (losses) on exchange differences on translation of foreign operations, before tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationBeforeTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationBeforeTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationBeforeTax" xlink:to="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationBeforeTax" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory_6ed00c6f-6619-4358-8caa-62b6c5a9e42d_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business combinations</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for business combinations [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RepurchaseAgreementsAndCashCollateralOnSecuritiesLent_dfbe8beb-c21f-431d-aeff-e956fa6ef164_terseLabel_en-US" xlink:label="lab_ifrs-full_RepurchaseAgreementsAndCashCollateralOnSecuritiesLent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Securities sold under repurchase agreements</link:label>
    <link:label id="lab_ifrs-full_RepurchaseAgreementsAndCashCollateralOnSecuritiesLent_019d449c-bac4-709c-baa6-1f820c11d0fb_totalLabel_en-US" xlink:label="lab_ifrs-full_RepurchaseAgreementsAndCashCollateralOnSecuritiesLent" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Securities sold under repurchase agreements</link:label>
    <link:label id="lab_ifrs-full_RepurchaseAgreementsAndCashCollateralOnSecuritiesLent_label_en-US" xlink:label="lab_ifrs-full_RepurchaseAgreementsAndCashCollateralOnSecuritiesLent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Repurchase agreements and cash collateral on securities lent</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RepurchaseAgreementsAndCashCollateralOnSecuritiesLent" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RepurchaseAgreementsAndCashCollateralOnSecuritiesLent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RepurchaseAgreementsAndCashCollateralOnSecuritiesLent" xlink:to="lab_ifrs-full_RepurchaseAgreementsAndCashCollateralOnSecuritiesLent" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AdjustmentsForIncreaseDecreaseInFinancialLiabilitiesAtFairValueThroughProfitOrLoss_a8b72190-34aa-4e0a-a3a9-355f907eac3c_terseLabel_en-US" xlink:label="lab_itub_AdjustmentsForIncreaseDecreaseInFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial liabilities at fair value through profit or loss</link:label>
    <link:label id="lab_itub_AdjustmentsForIncreaseDecreaseInFinancialLiabilitiesAtFairValueThroughProfitOrLoss_label_en-US" xlink:label="lab_itub_AdjustmentsForIncreaseDecreaseInFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments For (Increase) Decrease In Financial Liabilities At Fair Value Through Profit Or Loss</link:label>
    <link:label id="lab_itub_AdjustmentsForIncreaseDecreaseInFinancialLiabilitiesAtFairValueThroughProfitOrLoss_documentation_en-US" xlink:label="lab_itub_AdjustmentsForIncreaseDecreaseInFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Adjustments For (Increase) Decrease In Financial Liabilities At Fair Value Through Profit Or Loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AdjustmentsForIncreaseDecreaseInFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:href="itub-20251231.xsd#itub_AdjustmentsForIncreaseDecreaseInFinancialLiabilitiesAtFairValueThroughProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AdjustmentsForIncreaseDecreaseInFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:to="lab_itub_AdjustmentsForIncreaseDecreaseInFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DiscountRateDecrease_f250be8d-949f-4700-8182-0b8849c03e64_terseLabel_en-US" xlink:label="lab_itub_DiscountRateDecrease" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Discount rate, decrease</link:label>
    <link:label id="lab_itub_DiscountRateDecrease_label_en-US" xlink:label="lab_itub_DiscountRateDecrease" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Discount Rate, Decrease</link:label>
    <link:label id="lab_itub_DiscountRateDecrease_documentation_en-US" xlink:label="lab_itub_DiscountRateDecrease" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Discount Rate, Decrease</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DiscountRateDecrease" xlink:href="itub-20251231.xsd#itub_DiscountRateDecrease"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DiscountRateDecrease" xlink:to="lab_itub_DiscountRateDecrease" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CreditRiskMember_d8489706-c1e8-4291-a3c0-5fdf601773a2_terseLabel_en-US" xlink:label="lab_ifrs-full_CreditRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit risk</link:label>
    <link:label id="lab_ifrs-full_CreditRiskMember_label_en-US" xlink:label="lab_ifrs-full_CreditRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit risk [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CreditRiskMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CreditRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CreditRiskMember" xlink:to="lab_ifrs-full_CreditRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_NetEffectOnIncome_019d6dbd-8947-7a3d-bf03-e14b537aa34e_terseLabel_en-US" xlink:label="lab_itub_NetEffectOnIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net effect on income</link:label>
    <link:label id="lab_itub_NetEffectOnIncome_label_en-US" xlink:label="lab_itub_NetEffectOnIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Effect On Income</link:label>
    <link:label id="lab_itub_NetEffectOnIncome_documentation_en-US" xlink:label="lab_itub_NetEffectOnIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net Effect On Income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_NetEffectOnIncome" xlink:href="itub-20251231.xsd#itub_NetEffectOnIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_NetEffectOnIncome" xlink:to="lab_itub_NetEffectOnIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RiskAdjustmentToNonFinancialRisk_cd5f3b54-1070-407a-af18-c73258354a39_terseLabel_en-US" xlink:label="lab_itub_RiskAdjustmentToNonFinancialRisk" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Risk adjustment to non-financial risk</link:label>
    <link:label id="lab_itub_RiskAdjustmentToNonFinancialRisk_label_en-US" xlink:label="lab_itub_RiskAdjustmentToNonFinancialRisk" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Risk Adjustment To Non-Financial Risk</link:label>
    <link:label id="lab_itub_RiskAdjustmentToNonFinancialRisk_documentation_en-US" xlink:label="lab_itub_RiskAdjustmentToNonFinancialRisk" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Risk Adjustment To Non-Financial Risk</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RiskAdjustmentToNonFinancialRisk" xlink:href="itub-20251231.xsd#itub_RiskAdjustmentToNonFinancialRisk"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RiskAdjustmentToNonFinancialRisk" xlink:to="lab_itub_RiskAdjustmentToNonFinancialRisk" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Revenue_97f058b3-e0c1-4036-bbb7-ebafb3fc8d7c_totalLabel_en-US" xlink:label="lab_ifrs-full_Revenue" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Operating Revenues</link:label>
    <link:label id="lab_ifrs-full_Revenue_label_en-US" xlink:label="lab_ifrs-full_Revenue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Revenue" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Revenue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Revenue" xlink:to="lab_ifrs-full_Revenue" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TransfersInTheHierarchyAssetsAtFairValueThroughProfitLoss_da910378-de18-4160-86c7-2d14f472d0ca_terseLabel_en-US" xlink:label="lab_itub_TransfersInTheHierarchyAssetsAtFairValueThroughProfitLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transfers in the hierarchy</link:label>
    <link:label id="lab_itub_TransfersInTheHierarchyAssetsAtFairValueThroughProfitLoss_label_en-US" xlink:label="lab_itub_TransfersInTheHierarchyAssetsAtFairValueThroughProfitLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfers In The Hierarchy, Assets At Fair Value Through Profit (Loss)</link:label>
    <link:label id="lab_itub_TransfersInTheHierarchyAssetsAtFairValueThroughProfitLoss_documentation_en-US" xlink:label="lab_itub_TransfersInTheHierarchyAssetsAtFairValueThroughProfitLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Transfers In The Hierarchy, Assets At Fair Value Through Profit (Loss)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TransfersInTheHierarchyAssetsAtFairValueThroughProfitLoss" xlink:href="itub-20251231.xsd#itub_TransfersInTheHierarchyAssetsAtFairValueThroughProfitLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TransfersInTheHierarchyAssetsAtFairValueThroughProfitLoss" xlink:to="lab_itub_TransfersInTheHierarchyAssetsAtFairValueThroughProfitLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TotalAssetsRepossessed_4c99d59f-3bfc-41f0-b512-47f490bcaaba_terseLabel_en-US" xlink:label="lab_itub_TotalAssetsRepossessed" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total assets repossessed</link:label>
    <link:label id="lab_itub_TotalAssetsRepossessed_label_en-US" xlink:label="lab_itub_TotalAssetsRepossessed" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Assets Repossessed</link:label>
    <link:label id="lab_itub_TotalAssetsRepossessed_documentation_en-US" xlink:label="lab_itub_TotalAssetsRepossessed" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total Assets Repossessed</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TotalAssetsRepossessed" xlink:href="itub-20251231.xsd#itub_TotalAssetsRepossessed"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TotalAssetsRepossessed" xlink:to="lab_itub_TotalAssetsRepossessed" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss_019d550f-3f90-7f75-afd9-25fd6726f24e_verboseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Financial assets at fair value through profit or loss</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss_019da934-eb49-71df-8510-c9de495abd83_periodStartLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Financial assets at fair value, beginning balance</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss_019da935-8f64-7c30-80b1-619140cd62cc_periodEndLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Financial assets at fair value, ending balance</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss_label_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets at fair value through profit or loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss" xlink:to="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressCityOrTown_1a388dfa-a495-4265-8ee5-10792940a5ab_terseLabel_en-US" xlink:label="lab_dei_EntityAddressCityOrTown" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, City or Town</link:label>
    <link:label id="lab_dei_EntityAddressCityOrTown_label_en-US" xlink:label="lab_dei_EntityAddressCityOrTown" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, City or Town</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressCityOrTown" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressCityOrTown"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressCityOrTown" xlink:to="lab_dei_EntityAddressCityOrTown" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LoansAndLeaseOperationsNetOfAllowanceProvisionForExpectedCreditLoss_73a86b83-fd4b-497e-8a94-8382515fa906_negatedLabel_en-US" xlink:label="lab_itub_LoansAndLeaseOperationsNetOfAllowanceProvisionForExpectedCreditLoss" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">(-) Provision for expected credit loss</link:label>
    <link:label id="lab_itub_LoansAndLeaseOperationsNetOfAllowanceProvisionForExpectedCreditLoss_label_en-US" xlink:label="lab_itub_LoansAndLeaseOperationsNetOfAllowanceProvisionForExpectedCreditLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans And Lease Operations Net Of Allowance Provision For Expected Credit Loss</link:label>
    <link:label id="lab_itub_LoansAndLeaseOperationsNetOfAllowanceProvisionForExpectedCreditLoss_documentation_en-US" xlink:label="lab_itub_LoansAndLeaseOperationsNetOfAllowanceProvisionForExpectedCreditLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loans And Lease Operations Net Of Allowance Provision For Expected Credit Loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LoansAndLeaseOperationsNetOfAllowanceProvisionForExpectedCreditLoss" xlink:href="itub-20251231.xsd#itub_LoansAndLeaseOperationsNetOfAllowanceProvisionForExpectedCreditLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LoansAndLeaseOperationsNetOfAllowanceProvisionForExpectedCreditLoss" xlink:to="lab_itub_LoansAndLeaseOperationsNetOfAllowanceProvisionForExpectedCreditLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IssuedCapitalMember_d8fabb70-8ed4-4296-8859-9d35de5b710d_terseLabel_en-US" xlink:label="lab_ifrs-full_IssuedCapitalMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital</link:label>
    <link:label id="lab_ifrs-full_IssuedCapitalMember_label_en-US" xlink:label="lab_ifrs-full_IssuedCapitalMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Issued capital [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IssuedCapitalMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IssuedCapitalMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IssuedCapitalMember" xlink:to="lab_ifrs-full_IssuedCapitalMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PresentValueOfTaxLossSocialContributionLossCarryforwards_c4a4f2c8-42b4-4934-9227-5c574b000406_terseLabel_en-US" xlink:label="lab_itub_PresentValueOfTaxLossSocialContributionLossCarryforwards" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Present value of tax loss /social contribution loss carryforwards</link:label>
    <link:label id="lab_itub_PresentValueOfTaxLossSocialContributionLossCarryforwards_label_en-US" xlink:label="lab_itub_PresentValueOfTaxLossSocialContributionLossCarryforwards" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Present Value Of Tax Loss / Social Contribution Loss Carryforwards</link:label>
    <link:label id="lab_itub_PresentValueOfTaxLossSocialContributionLossCarryforwards_documentation_en-US" xlink:label="lab_itub_PresentValueOfTaxLossSocialContributionLossCarryforwards" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Present Value Of Tax Loss / Social Contribution Loss Carryforwards</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PresentValueOfTaxLossSocialContributionLossCarryforwards" xlink:href="itub-20251231.xsd#itub_PresentValueOfTaxLossSocialContributionLossCarryforwards"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PresentValueOfTaxLossSocialContributionLossCarryforwards" xlink:to="lab_itub_PresentValueOfTaxLossSocialContributionLossCarryforwards" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AmountRecognizedInLiabilities_019d9898-efab-7bf6-829b-c88f5ac2c757_negatedTerseLabel_en-US" xlink:label="lab_itub_AmountRecognizedInLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Amount recognized in Liabilities</link:label>
    <link:label id="lab_itub_AmountRecognizedInLiabilities_label_en-US" xlink:label="lab_itub_AmountRecognizedInLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amount Recognized In Liabilities</link:label>
    <link:label id="lab_itub_AmountRecognizedInLiabilities_documentation_en-US" xlink:label="lab_itub_AmountRecognizedInLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount Recognized In Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AmountRecognizedInLiabilities" xlink:href="itub-20251231.xsd#itub_AmountRecognizedInLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AmountRecognizedInLiabilities" xlink:to="lab_itub_AmountRecognizedInLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TerminationWriteOffs_dab009c4-b1a4-4c83-a2a8-755ae2b6c809_terseLabel_en-US" xlink:label="lab_itub_TerminationWriteOffs" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Termination / write-offs</link:label>
    <link:label id="lab_itub_TerminationWriteOffs_label_en-US" xlink:label="lab_itub_TerminationWriteOffs" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Termination / write-offs</link:label>
    <link:label id="lab_itub_TerminationWriteOffs_documentation_en-US" xlink:label="lab_itub_TerminationWriteOffs" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Termination / write-offs</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TerminationWriteOffs" xlink:href="itub-20251231.xsd#itub_TerminationWriteOffs"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TerminationWriteOffs" xlink:to="lab_itub_TerminationWriteOffs" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OptionContractMember_ddaf4b18-9e74-49f7-b506-47bffd1d5869_terseLabel_en-US" xlink:label="lab_ifrs-full_OptionContractMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Options</link:label>
    <link:label id="lab_ifrs-full_OptionContractMember_label_en-US" xlink:label="lab_ifrs-full_OptionContractMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Option contract [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OptionContractMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OptionContractMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OptionContractMember" xlink:to="lab_ifrs-full_OptionContractMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_EffectOnProfitLoss_58270584-6f82-485a-82c3-f76be1918e5d_terseLabel_en-US" xlink:label="lab_itub_EffectOnProfitLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effect on profit loss</link:label>
    <link:label id="lab_itub_EffectOnProfitLoss_label_en-US" xlink:label="lab_itub_EffectOnProfitLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effect on profit loss</link:label>
    <link:label id="lab_itub_EffectOnProfitLoss_documentation_en-US" xlink:label="lab_itub_EffectOnProfitLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Effect on profit loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_EffectOnProfitLoss" xlink:href="itub-20251231.xsd#itub_EffectOnProfitLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_EffectOnProfitLoss" xlink:to="lab_itub_EffectOnProfitLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SellingGeneralAndAdministrativeExpenseMember_ec49a1e1-806b-4ae7-858d-5fc70daf9a34_terseLabel_en-US" xlink:label="lab_ifrs-full_SellingGeneralAndAdministrativeExpenseMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Selling, general and administrative expense</link:label>
    <link:label id="lab_ifrs-full_SellingGeneralAndAdministrativeExpenseMember_label_en-US" xlink:label="lab_ifrs-full_SellingGeneralAndAdministrativeExpenseMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Selling, general and administrative expense [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SellingGeneralAndAdministrativeExpenseMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SellingGeneralAndAdministrativeExpenseMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SellingGeneralAndAdministrativeExpenseMember" xlink:to="lab_ifrs-full_SellingGeneralAndAdministrativeExpenseMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ThreePointEightZeroPercentageMember_e3e4c27f-18c5-4a37-84f8-75013837ac1b_terseLabel_en-US" xlink:label="lab_itub_ThreePointEightZeroPercentageMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">3.80%</link:label>
    <link:label id="lab_itub_ThreePointEightZeroPercentageMember_label_en-US" xlink:label="lab_itub_ThreePointEightZeroPercentageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Three Point Eight Zero Percentage [Member]</link:label>
    <link:label id="lab_itub_ThreePointEightZeroPercentageMember_documentation_en-US" xlink:label="lab_itub_ThreePointEightZeroPercentageMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Three Point Eight Zero Percentage [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ThreePointEightZeroPercentageMember" xlink:href="itub-20251231.xsd#itub_ThreePointEightZeroPercentageMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ThreePointEightZeroPercentageMember" xlink:to="lab_itub_ThreePointEightZeroPercentageMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityEmergingGrowthCompany_2be415c9-a731-47cd-bdbf-809c3d44663a_terseLabel_en-US" xlink:label="lab_dei_EntityEmergingGrowthCompany" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Emerging Growth Company</link:label>
    <link:label id="lab_dei_EntityEmergingGrowthCompany_label_en-US" xlink:label="lab_dei_EntityEmergingGrowthCompany" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Emerging Growth Company</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityEmergingGrowthCompany" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityEmergingGrowthCompany"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityEmergingGrowthCompany" xlink:to="lab_dei_EntityEmergingGrowthCompany" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfGeneralHedgeAccountingExplanatory_841cde9e-aba8-44a8-bdb2-5cfa4476d500_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfGeneralHedgeAccountingExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hedge accounting</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfGeneralHedgeAccountingExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfGeneralHedgeAccountingExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of general hedge accounting [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfGeneralHedgeAccountingExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfGeneralHedgeAccountingExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfGeneralHedgeAccountingExplanatory" xlink:to="lab_ifrs-full_DisclosureOfGeneralHedgeAccountingExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DiscountRatesIPCA_3da61058-0799-4316-a78c-f2f41c63fa64_terseLabel_en-US" xlink:label="lab_itub_DiscountRatesIPCA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">IPCA</link:label>
    <link:label id="lab_itub_DiscountRatesIPCA_label_en-US" xlink:label="lab_itub_DiscountRatesIPCA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">IPCA</link:label>
    <link:label id="lab_itub_DiscountRatesIPCA_documentation_en-US" xlink:label="lab_itub_DiscountRatesIPCA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">IPCA</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DiscountRatesIPCA" xlink:href="itub-20251231.xsd#itub_DiscountRatesIPCA"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DiscountRatesIPCA" xlink:to="lab_itub_DiscountRatesIPCA" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RiskDiversificationEffectMember_8434a282-9a13-45dd-9b6c-98d0b7a6778b_terseLabel_en-US" xlink:label="lab_ifrs-full_RiskDiversificationEffectMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effect of diversification</link:label>
    <link:label id="lab_ifrs-full_RiskDiversificationEffectMember_label_en-US" xlink:label="lab_ifrs-full_RiskDiversificationEffectMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Risk diversification effect [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RiskDiversificationEffectMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RiskDiversificationEffectMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RiskDiversificationEffectMember" xlink:to="lab_ifrs-full_RiskDiversificationEffectMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DividendsValue_54da4b12-8239-4cf3-960d-d3def6ad801d_terseLabel_en-US" xlink:label="lab_itub_DividendsValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividends, value</link:label>
    <link:label id="lab_itub_DividendsValue_label_en-US" xlink:label="lab_itub_DividendsValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends, Value</link:label>
    <link:label id="lab_itub_DividendsValue_documentation_en-US" xlink:label="lab_itub_DividendsValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Dividends, Value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DividendsValue" xlink:href="itub-20251231.xsd#itub_DividendsValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DividendsValue" xlink:to="lab_itub_DividendsValue" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestOnCapitalDistributedToOwners_17ecc10a-1a96-4c46-97de-83999f3a6528_negatedTerseLabel_en-US" xlink:label="lab_itub_InterestOnCapitalDistributedToOwners" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Interest on capital</link:label>
    <link:label id="lab_itub_InterestOnCapitalDistributedToOwners_label_en-US" xlink:label="lab_itub_InterestOnCapitalDistributedToOwners" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest on capital</link:label>
    <link:label id="lab_itub_InterestOnCapitalDistributedToOwners_documentation_en-US" xlink:label="lab_itub_InterestOnCapitalDistributedToOwners" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest on capital</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestOnCapitalDistributedToOwners" xlink:href="itub-20251231.xsd#itub_InterestOnCapitalDistributedToOwners"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestOnCapitalDistributedToOwners" xlink:to="lab_itub_InterestOnCapitalDistributedToOwners" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DerivativeFinancialAsset_72052746-300d-4d8f-952d-b509b828f1a5_terseLabel_en-US" xlink:label="lab_itub_DerivativeFinancialAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivatives</link:label>
    <link:label id="lab_itub_DerivativeFinancialAsset_label_en-US" xlink:label="lab_itub_DerivativeFinancialAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivatives</link:label>
    <link:label id="lab_itub_DerivativeFinancialAsset_documentation_en-US" xlink:label="lab_itub_DerivativeFinancialAsset" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Derivatives</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DerivativeFinancialAsset" xlink:href="itub-20251231.xsd#itub_DerivativeFinancialAsset"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DerivativeFinancialAsset" xlink:to="lab_itub_DerivativeFinancialAsset" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_BaseCaseScenarioMember_e20860e4-1ba2-4767-9751-1863c73b266e_terseLabel_en-US" xlink:label="lab_itub_BaseCaseScenarioMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Base scenario</link:label>
    <link:label id="lab_itub_BaseCaseScenarioMember_label_en-US" xlink:label="lab_itub_BaseCaseScenarioMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Base Case Scenario [Member]</link:label>
    <link:label id="lab_itub_BaseCaseScenarioMember_documentation_en-US" xlink:label="lab_itub_BaseCaseScenarioMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Base Case Scenario [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_BaseCaseScenarioMember" xlink:href="itub-20251231.xsd#itub_BaseCaseScenarioMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_BaseCaseScenarioMember" xlink:to="lab_itub_BaseCaseScenarioMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisposalsPropertyPlantAndEquipment_70d34186-1da0-485d-9252-7e37c1afb112_terseLabel_en-US" xlink:label="lab_ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Residual</link:label>
    <link:label id="lab_ifrs-full_DisposalsPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposals, property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisposalsPropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ProvisionMember_fd73f555-8c45-4ceb-9bcd-09eaf471a551_terseLabel_en-US" xlink:label="lab_itub_ProvisionMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Provisions</link:label>
    <link:label id="lab_itub_ProvisionMember_label_en-US" xlink:label="lab_itub_ProvisionMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Provision [Member]</link:label>
    <link:label id="lab_itub_ProvisionMember_documentation_en-US" xlink:label="lab_itub_ProvisionMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Provision [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ProvisionMember" xlink:href="itub-20251231.xsd#itub_ProvisionMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ProvisionMember" xlink:to="lab_itub_ProvisionMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SwapContractMember_5c292e43-b9d5-4168-bbb3-1989b1cecff5_terseLabel_en-US" xlink:label="lab_ifrs-full_SwapContractMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Swaps</link:label>
    <link:label id="lab_ifrs-full_SwapContractMember_label_en-US" xlink:label="lab_ifrs-full_SwapContractMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Swap contract [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SwapContractMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SwapContractMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SwapContractMember" xlink:to="lab_ifrs-full_SwapContractMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_GuaranteesOfContingenciesProvisionsAndLegalObligationsMember_e9e72cf4-2ec2-4caf-b3c8-b18d6eb144e6_terseLabel_en-US" xlink:label="lab_itub_GuaranteesOfContingenciesProvisionsAndLegalObligationsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Guarantees of contingencies, provisions and legal obligations</link:label>
    <link:label id="lab_itub_GuaranteesOfContingenciesProvisionsAndLegalObligationsMember_label_en-US" xlink:label="lab_itub_GuaranteesOfContingenciesProvisionsAndLegalObligationsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Guarantees Of Contingencies Provisions And Legal Obligations [Member]</link:label>
    <link:label id="lab_itub_GuaranteesOfContingenciesProvisionsAndLegalObligationsMember_documentation_en-US" xlink:label="lab_itub_GuaranteesOfContingenciesProvisionsAndLegalObligationsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Guarantees Of Contingencies Provisions And Legal Obligations [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_GuaranteesOfContingenciesProvisionsAndLegalObligationsMember" xlink:href="itub-20251231.xsd#itub_GuaranteesOfContingenciesProvisionsAndLegalObligationsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_GuaranteesOfContingenciesProvisionsAndLegalObligationsMember" xlink:to="lab_itub_GuaranteesOfContingenciesProvisionsAndLegalObligationsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ProfitReserveMember_a4a82a04-a5d6-4043-b545-a8da31632bc7_terseLabel_en-US" xlink:label="lab_itub_ProfitReserveMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Profit reserves</link:label>
    <link:label id="lab_itub_ProfitReserveMember_label_en-US" xlink:label="lab_itub_ProfitReserveMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit Reserve [Member]</link:label>
    <link:label id="lab_itub_ProfitReserveMember_documentation_en-US" xlink:label="lab_itub_ProfitReserveMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Profit Reserve [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ProfitReserveMember" xlink:href="itub-20251231.xsd#itub_ProfitReserveMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ProfitReserveMember" xlink:to="lab_itub_ProfitReserveMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TotalMember_7d7fda1d-fed9-44f9-a311-68d42af5d578_terseLabel_en-US" xlink:label="lab_itub_TotalMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_itub_TotalMember_label_en-US" xlink:label="lab_itub_TotalMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total [Member]</link:label>
    <link:label id="lab_itub_TotalMember_documentation_en-US" xlink:label="lab_itub_TotalMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TotalMember" xlink:href="itub-20251231.xsd#itub_TotalMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TotalMember" xlink:to="lab_itub_TotalMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LargeCompaniesMember_019c8ec1-dcb4-7fa5-b775-d31b8f330011_terseLabel_en-US" xlink:label="lab_itub_LargeCompaniesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Large companies</link:label>
    <link:label id="lab_itub_LargeCompaniesMember_label_en-US" xlink:label="lab_itub_LargeCompaniesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Large Companies [Member]</link:label>
    <link:label id="lab_itub_LargeCompaniesMember_documentation_en-US" xlink:label="lab_itub_LargeCompaniesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Large Companies</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LargeCompaniesMember" xlink:href="itub-20251231.xsd#itub_LargeCompaniesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LargeCompaniesMember" xlink:to="lab_itub_LargeCompaniesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DiscountRatesIGPM_1ae1d892-5895-4a73-98e7-ca14162cba9c_terseLabel_en-US" xlink:label="lab_itub_DiscountRatesIGPM" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">IGPM</link:label>
    <link:label id="lab_itub_DiscountRatesIGPM_label_en-US" xlink:label="lab_itub_DiscountRatesIGPM" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">IGPM</link:label>
    <link:label id="lab_itub_DiscountRatesIGPM_documentation_en-US" xlink:label="lab_itub_DiscountRatesIGPM" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">IGPM</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DiscountRatesIGPM" xlink:href="itub-20251231.xsd#itub_DiscountRatesIGPM"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DiscountRatesIGPM" xlink:to="lab_itub_DiscountRatesIGPM" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AvailableStableFunds_89942577-0586-464c-8494-f22f37901cf4_terseLabel_en-US" xlink:label="lab_itub_AvailableStableFunds" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Available stable funds</link:label>
    <link:label id="lab_itub_AvailableStableFunds_label_en-US" xlink:label="lab_itub_AvailableStableFunds" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Available Stable Funds</link:label>
    <link:label id="lab_itub_AvailableStableFunds_documentation_en-US" xlink:label="lab_itub_AvailableStableFunds" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Available Stable Funds</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AvailableStableFunds" xlink:href="itub-20251231.xsd#itub_AvailableStableFunds"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AvailableStableFunds" xlink:to="lab_itub_AvailableStableFunds" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SecuritiesSoldUnderRepurchaseAgreementsMember_17e00054-fe2b-4435-86b6-bb263aa65906_terseLabel_en-US" xlink:label="lab_itub_SecuritiesSoldUnderRepurchaseAgreementsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Securities sold under repurchase agreements</link:label>
    <link:label id="lab_itub_SecuritiesSoldUnderRepurchaseAgreementsMember_label_en-US" xlink:label="lab_itub_SecuritiesSoldUnderRepurchaseAgreementsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Securities Sold Under Repurchase Agreements [Member]</link:label>
    <link:label id="lab_itub_SecuritiesSoldUnderRepurchaseAgreementsMember_documentation_en-US" xlink:label="lab_itub_SecuritiesSoldUnderRepurchaseAgreementsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Securities Sold Under Repurchase Agreements [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SecuritiesSoldUnderRepurchaseAgreementsMember" xlink:href="itub-20251231.xsd#itub_SecuritiesSoldUnderRepurchaseAgreementsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SecuritiesSoldUnderRepurchaseAgreementsMember" xlink:to="lab_itub_SecuritiesSoldUnderRepurchaseAgreementsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressPostalZipCode_09c3b4f2-7eb5-4456-9039-79aabd137170_terseLabel_en-US" xlink:label="lab_dei_EntityAddressPostalZipCode" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
    <link:label id="lab_dei_EntityAddressPostalZipCode_label_en-US" xlink:label="lab_dei_EntityAddressPostalZipCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressPostalZipCode" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressPostalZipCode"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressPostalZipCode" xlink:to="lab_dei_EntityAddressPostalZipCode" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DepositsReceivedUnderSecuritiesRepurchaseAgreements_019d987e-3615-7505-97a4-6a9ba8c508a7_negatedLabel_en-US" xlink:label="lab_itub_DepositsReceivedUnderSecuritiesRepurchaseAgreements" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Securities sold under repurchase agreements</link:label>
    <link:label id="lab_itub_DepositsReceivedUnderSecuritiesRepurchaseAgreements_label_en-US" xlink:label="lab_itub_DepositsReceivedUnderSecuritiesRepurchaseAgreements" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deposits Received Under Securities Repurchase Agreements</link:label>
    <link:label id="lab_itub_DepositsReceivedUnderSecuritiesRepurchaseAgreements_documentation_en-US" xlink:label="lab_itub_DepositsReceivedUnderSecuritiesRepurchaseAgreements" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deposits Received Under Securities Repurchase Agreements</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DepositsReceivedUnderSecuritiesRepurchaseAgreements" xlink:href="itub-20251231.xsd#itub_DepositsReceivedUnderSecuritiesRepurchaseAgreements"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DepositsReceivedUnderSecuritiesRepurchaseAgreements" xlink:to="lab_itub_DepositsReceivedUnderSecuritiesRepurchaseAgreements" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AdjustmentsForIncreaseDecreaseInFundsFromInstitutionalMarkets_b8ded8c4-b53b-4d17-82a3-538a2d84909f_terseLabel_en-US" xlink:label="lab_itub_AdjustmentsForIncreaseDecreaseInFundsFromInstitutionalMarkets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Funds from institutional markets</link:label>
    <link:label id="lab_itub_AdjustmentsForIncreaseDecreaseInFundsFromInstitutionalMarkets_label_en-US" xlink:label="lab_itub_AdjustmentsForIncreaseDecreaseInFundsFromInstitutionalMarkets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Funds from institutional markets</link:label>
    <link:label id="lab_itub_AdjustmentsForIncreaseDecreaseInFundsFromInstitutionalMarkets_documentation_en-US" xlink:label="lab_itub_AdjustmentsForIncreaseDecreaseInFundsFromInstitutionalMarkets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Funds from institutional markets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AdjustmentsForIncreaseDecreaseInFundsFromInstitutionalMarkets" xlink:href="itub-20251231.xsd#itub_AdjustmentsForIncreaseDecreaseInFundsFromInstitutionalMarkets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AdjustmentsForIncreaseDecreaseInFundsFromInstitutionalMarkets" xlink:to="lab_itub_AdjustmentsForIncreaseDecreaseInFundsFromInstitutionalMarkets" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfCompositionOfCarryingAmountOfLoanOperationsAndLeaseOperationsByTypeSectorOfDebtorMaturityAndConcentrationTableTextBlock_e33b7f44-51de-41e1-ae26-fa1a8ff39601_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfCompositionOfCarryingAmountOfLoanOperationsAndLeaseOperationsByTypeSectorOfDebtorMaturityAndConcentrationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Composition of Carrying Amount of Loan Operations and Lease Operations by Type Sector of Debtor Maturity and Concentration</link:label>
    <link:label id="lab_itub_ScheduleOfCompositionOfCarryingAmountOfLoanOperationsAndLeaseOperationsByTypeSectorOfDebtorMaturityAndConcentrationTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfCompositionOfCarryingAmountOfLoanOperationsAndLeaseOperationsByTypeSectorOfDebtorMaturityAndConcentrationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Composition Of Carrying Amount Of Loan Operations And Lease Operations By Type, Sector Of Debtor, Maturity And Concentration [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfCompositionOfCarryingAmountOfLoanOperationsAndLeaseOperationsByTypeSectorOfDebtorMaturityAndConcentrationTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfCompositionOfCarryingAmountOfLoanOperationsAndLeaseOperationsByTypeSectorOfDebtorMaturityAndConcentrationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Composition Of Carrying Amount Of Loan Operations And Lease Operations By Type, Sector Of Debtor, Maturity And Concentration</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfCompositionOfCarryingAmountOfLoanOperationsAndLeaseOperationsByTypeSectorOfDebtorMaturityAndConcentrationTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfCompositionOfCarryingAmountOfLoanOperationsAndLeaseOperationsByTypeSectorOfDebtorMaturityAndConcentrationTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfCompositionOfCarryingAmountOfLoanOperationsAndLeaseOperationsByTypeSectorOfDebtorMaturityAndConcentrationTableTextBlock" xlink:to="lab_itub_ScheduleOfCompositionOfCarryingAmountOfLoanOperationsAndLeaseOperationsByTypeSectorOfDebtorMaturityAndConcentrationTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialLiabilitiesAtFairValueThroughProfitOrLosses_e15cb438-976f-41d4-8f6a-56e1b41abe77_verboseLabel_en-US" xlink:label="lab_itub_FinancialLiabilitiesAtFairValueThroughProfitOrLosses" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">At fair value through profit or loss</link:label>
    <link:label id="lab_itub_FinancialLiabilitiesAtFairValueThroughProfitOrLosses_label_en-US" xlink:label="lab_itub_FinancialLiabilitiesAtFairValueThroughProfitOrLosses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Liabilities At Fair Value Through Profit Or Losses</link:label>
    <link:label id="lab_itub_FinancialLiabilitiesAtFairValueThroughProfitOrLosses_documentation_en-US" xlink:label="lab_itub_FinancialLiabilitiesAtFairValueThroughProfitOrLosses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial Liabilities At Fair Value Through Profit Or Losses</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialLiabilitiesAtFairValueThroughProfitOrLosses" xlink:href="itub-20251231.xsd#itub_FinancialLiabilitiesAtFairValueThroughProfitOrLosses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialLiabilitiesAtFairValueThroughProfitOrLosses" xlink:to="lab_itub_FinancialLiabilitiesAtFairValueThroughProfitOrLosses" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestOnCapitalCredited1Member_96ff59de-e744-4fa2-b690-0e7f0bcf5e52_terseLabel_en-US" xlink:label="lab_itub_InterestOnCapitalCredited1Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest On Capital Credited 1</link:label>
    <link:label id="lab_itub_InterestOnCapitalCredited1Member_label_en-US" xlink:label="lab_itub_InterestOnCapitalCredited1Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest On Capital Credited 1 [Member]</link:label>
    <link:label id="lab_itub_InterestOnCapitalCredited1Member_documentation_en-US" xlink:label="lab_itub_InterestOnCapitalCredited1Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest On Capital Credited 1 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestOnCapitalCredited1Member" xlink:href="itub-20251231.xsd#itub_InterestOnCapitalCredited1Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestOnCapitalCredited1Member" xlink:to="lab_itub_InterestOnCapitalCredited1Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialAssetsAtAmortisedCost_530f0dd3-7e30-4544-8672-28bbeddb0bb4_totalLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtAmortisedCost" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">At Amortized Cost</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtAmortisedCost_e3e8b733-319b-45b3-8f95-69af9c5292a0_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtAmortisedCost" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtAmortisedCost_019cb8e1-17c9-7184-bf98-b567e5ee680c_netLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtAmortisedCost" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Gross book value</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtAmortisedCost_5c1b2ddb-d86c-4357-bec3-50e03dcb1aec_verboseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtAmortisedCost" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Amortized cost of financial assets</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtAmortisedCost_label_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtAmortisedCost" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets at amortised cost</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialAssetsAtAmortisedCost" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssetsAtAmortisedCost"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssetsAtAmortisedCost" xlink:to="lab_ifrs-full_FinancialAssetsAtAmortisedCost" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialAssetPledgedAsCollateralForLiabilitiesOrContingentLiabilities_360c4f77-1d9c-4460-91e3-380120d5bb5a_terseLabel_en-US" xlink:label="lab_itub_FinancialAssetPledgedAsCollateralForLiabilitiesOrContingentLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Securities pledged as collateral of funding transactions of financial institutions and clients</link:label>
    <link:label id="lab_itub_FinancialAssetPledgedAsCollateralForLiabilitiesOrContingentLiabilities_label_en-US" xlink:label="lab_itub_FinancialAssetPledgedAsCollateralForLiabilitiesOrContingentLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Securities Pledged as Collateral of Funding Transactions of Financial Institutions and Clients</link:label>
    <link:label id="lab_itub_FinancialAssetPledgedAsCollateralForLiabilitiesOrContingentLiabilities_documentation_en-US" xlink:label="lab_itub_FinancialAssetPledgedAsCollateralForLiabilitiesOrContingentLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Securities Pledged as Collateral of Funding Transactions of Financial Institutions and Clients</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialAssetPledgedAsCollateralForLiabilitiesOrContingentLiabilities" xlink:href="itub-20251231.xsd#itub_FinancialAssetPledgedAsCollateralForLiabilitiesOrContingentLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialAssetPledgedAsCollateralForLiabilitiesOrContingentLiabilities" xlink:to="lab_itub_FinancialAssetPledgedAsCollateralForLiabilitiesOrContingentLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TenLargestDebtorsMember_a1fc42a7-71ae-4789-abd6-a60dda54c896_terseLabel_en-US" xlink:label="lab_itub_TenLargestDebtorsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">10 largest debtors</link:label>
    <link:label id="lab_itub_TenLargestDebtorsMember_label_en-US" xlink:label="lab_itub_TenLargestDebtorsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ten Largest Debtors [Member]</link:label>
    <link:label id="lab_itub_TenLargestDebtorsMember_documentation_en-US" xlink:label="lab_itub_TenLargestDebtorsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Ten Largest Debtors [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TenLargestDebtorsMember" xlink:href="itub-20251231.xsd#itub_TenLargestDebtorsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TenLargestDebtorsMember" xlink:to="lab_itub_TenLargestDebtorsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_StageThreeLoanMember_c4639757-ac5c-4b99-a276-75290f4d78ed_terseLabel_en-US" xlink:label="lab_itub_StageThreeLoanMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stage 3</link:label>
    <link:label id="lab_itub_StageThreeLoanMember_label_en-US" xlink:label="lab_itub_StageThreeLoanMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stage Three Loan [Member]</link:label>
    <link:label id="lab_itub_StageThreeLoanMember_documentation_en-US" xlink:label="lab_itub_StageThreeLoanMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Stage Three Loan [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_StageThreeLoanMember" xlink:href="itub-20251231.xsd#itub_StageThreeLoanMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_StageThreeLoanMember" xlink:to="lab_itub_StageThreeLoanMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IpcPlusTwoPercentageMember_f97e5566-e5c9-4b60-87eb-0ae7a49b2d0c_terseLabel_en-US" xlink:label="lab_itub_IpcPlusTwoPercentageMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">IPC + 2%</link:label>
    <link:label id="lab_itub_IpcPlusTwoPercentageMember_label_en-US" xlink:label="lab_itub_IpcPlusTwoPercentageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ipc Plus Two Percentage [Member]</link:label>
    <link:label id="lab_itub_IpcPlusTwoPercentageMember_documentation_en-US" xlink:label="lab_itub_IpcPlusTwoPercentageMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Ipc Plus Two Percentage [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IpcPlusTwoPercentageMember" xlink:href="itub-20251231.xsd#itub_IpcPlusTwoPercentageMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IpcPlusTwoPercentageMember" xlink:to="lab_itub_IpcPlusTwoPercentageMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DesignatedFairValueProfitOrLossMember_eb870075-7b9c-4536-8af1-9578b1491421_terseLabel_en-US" xlink:label="lab_itub_DesignatedFairValueProfitOrLossMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Designated as fair value through profit or loss</link:label>
    <link:label id="lab_itub_DesignatedFairValueProfitOrLossMember_label_en-US" xlink:label="lab_itub_DesignatedFairValueProfitOrLossMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Designated Fair Value Profit Or Loss [Member]</link:label>
    <link:label id="lab_itub_DesignatedFairValueProfitOrLossMember_documentation_en-US" xlink:label="lab_itub_DesignatedFairValueProfitOrLossMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Designated Fair Value Profit Or Loss [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DesignatedFairValueProfitOrLossMember" xlink:href="itub-20251231.xsd#itub_DesignatedFairValueProfitOrLossMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DesignatedFairValueProfitOrLossMember" xlink:to="lab_itub_DesignatedFairValueProfitOrLossMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfStockholdersCompensationTableTextBlock_8ca5f449-dcca-4ca5-97ca-ba672b050db9_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfStockholdersCompensationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Stockholders Compensation</link:label>
    <link:label id="lab_itub_ScheduleOfStockholdersCompensationTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfStockholdersCompensationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Stockholders Compensation [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfStockholdersCompensationTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfStockholdersCompensationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Stockholders Compensation</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfStockholdersCompensationTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfStockholdersCompensationTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfStockholdersCompensationTableTextBlock" xlink:to="lab_itub_ScheduleOfStockholdersCompensationTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TotalInsuranceContractsAndPrivatePensionPrivatePension_c4ba5d94-d57d-4aee-9b00-a0c488188579_terseLabel_en-US" xlink:label="lab_itub_TotalInsuranceContractsAndPrivatePensionPrivatePension" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Private pension</link:label>
    <link:label id="lab_itub_TotalInsuranceContractsAndPrivatePensionPrivatePension_label_en-US" xlink:label="lab_itub_TotalInsuranceContractsAndPrivatePensionPrivatePension" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Insurance Contracts And Private Pension Private Pension</link:label>
    <link:label id="lab_itub_TotalInsuranceContractsAndPrivatePensionPrivatePension_documentation_en-US" xlink:label="lab_itub_TotalInsuranceContractsAndPrivatePensionPrivatePension" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total Insurance Contracts And Private Pension Private Pension</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TotalInsuranceContractsAndPrivatePensionPrivatePension" xlink:href="itub-20251231.xsd#itub_TotalInsuranceContractsAndPrivatePensionPrivatePension"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TotalInsuranceContractsAndPrivatePensionPrivatePension" xlink:to="lab_itub_TotalInsuranceContractsAndPrivatePensionPrivatePension" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentAssetsLiabilities_acda25e4-9386-487c-bce9-d512c7935b1e_verboseLabel_en-US" xlink:label="lab_ifrs-full_CurrentAssetsLiabilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Current</link:label>
    <link:label id="lab_ifrs-full_CurrentAssetsLiabilities_label_en-US" xlink:label="lab_ifrs-full_CurrentAssetsLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current assets (liabilities)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentAssetsLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentAssetsLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentAssetsLiabilities" xlink:to="lab_ifrs-full_CurrentAssetsLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherRevenuesAndExpenses_31e849f2-b79c-40e7-a485-33115dda7c3c_terseLabel_en-US" xlink:label="lab_itub_OtherRevenuesAndExpenses" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">4 - Other revenues and expenses</link:label>
    <link:label id="lab_itub_OtherRevenuesAndExpenses_label_en-US" xlink:label="lab_itub_OtherRevenuesAndExpenses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Revenues And Expenses</link:label>
    <link:label id="lab_itub_OtherRevenuesAndExpenses_documentation_en-US" xlink:label="lab_itub_OtherRevenuesAndExpenses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Revenues And Expenses</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherRevenuesAndExpenses" xlink:href="itub-20251231.xsd#itub_OtherRevenuesAndExpenses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherRevenuesAndExpenses" xlink:to="lab_itub_OtherRevenuesAndExpenses" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ReserveOfSharebasedPaymentsMember_5fb6eb60-bea4-4318-9cc3-e80933ff41bf_terseLabel_en-US" xlink:label="lab_ifrs-full_ReserveOfSharebasedPaymentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based payment</link:label>
    <link:label id="lab_ifrs-full_ReserveOfSharebasedPaymentsMember_label_en-US" xlink:label="lab_ifrs-full_ReserveOfSharebasedPaymentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reserve of share-based payments [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReserveOfSharebasedPaymentsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ReserveOfSharebasedPaymentsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReserveOfSharebasedPaymentsMember" xlink:to="lab_ifrs-full_ReserveOfSharebasedPaymentsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_GainsLossesTransferredToIncomeStatement_ccb3408d-b30d-47ed-a81b-ee588560d3cc_terseLabel_en-US" xlink:label="lab_itub_GainsLossesTransferredToIncomeStatement" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">(Gains) / losses transferred to income</link:label>
    <link:label id="lab_itub_GainsLossesTransferredToIncomeStatement_label_en-US" xlink:label="lab_itub_GainsLossesTransferredToIncomeStatement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">(Gains) / Losses Transferred To Income Statement</link:label>
    <link:label id="lab_itub_GainsLossesTransferredToIncomeStatement_documentation_en-US" xlink:label="lab_itub_GainsLossesTransferredToIncomeStatement" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">(Gains) / Losses Transferred To Income Statement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_GainsLossesTransferredToIncomeStatement" xlink:href="itub-20251231.xsd#itub_GainsLossesTransferredToIncomeStatement"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_GainsLossesTransferredToIncomeStatement" xlink:to="lab_itub_GainsLossesTransferredToIncomeStatement" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TotalLoansAndLeaseOperationsNetOfExpectedCreditLoss_83b960e7-0d77-4faf-9cad-1e72cdda47c7_terseLabel_en-US" xlink:label="lab_itub_TotalLoansAndLeaseOperationsNetOfExpectedCreditLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total loans and lease operations, net of Expected Credit Loss</link:label>
    <link:label id="lab_itub_TotalLoansAndLeaseOperationsNetOfExpectedCreditLoss_label_en-US" xlink:label="lab_itub_TotalLoansAndLeaseOperationsNetOfExpectedCreditLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Loans And Lease Operations, Net Of Expected Credit Loss</link:label>
    <link:label id="lab_itub_TotalLoansAndLeaseOperationsNetOfExpectedCreditLoss_documentation_en-US" xlink:label="lab_itub_TotalLoansAndLeaseOperationsNetOfExpectedCreditLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total Loans And Lease Operations, Net Of Expected Credit Loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TotalLoansAndLeaseOperationsNetOfExpectedCreditLoss" xlink:href="itub-20251231.xsd#itub_TotalLoansAndLeaseOperationsNetOfExpectedCreditLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TotalLoansAndLeaseOperationsNetOfExpectedCreditLoss" xlink:to="lab_itub_TotalLoansAndLeaseOperationsNetOfExpectedCreditLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RelatedPartyTransactionsAssets_cdbf4e5b-e8d8-4a59-a713-7a8748c2615f_verboseLabel_en-US" xlink:label="lab_itub_RelatedPartyTransactionsAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:label id="lab_itub_RelatedPartyTransactionsAssets_label_en-US" xlink:label="lab_itub_RelatedPartyTransactionsAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party Transactions Assets</link:label>
    <link:label id="lab_itub_RelatedPartyTransactionsAssets_documentation_en-US" xlink:label="lab_itub_RelatedPartyTransactionsAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Related Party Transactions Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RelatedPartyTransactionsAssets" xlink:href="itub-20251231.xsd#itub_RelatedPartyTransactionsAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RelatedPartyTransactionsAssets" xlink:to="lab_itub_RelatedPartyTransactionsAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForDeferredTaxExpense_78c1c5c4-e245-4cae-ad22-120df77665de_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDeferredTaxExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred taxes (excluding hedge tax effects)</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForDeferredTaxExpense_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDeferredTaxExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for deferred tax expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForDeferredTaxExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForDeferredTaxExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForDeferredTaxExpense" xlink:to="lab_ifrs-full_AdjustmentsForDeferredTaxExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CommodityPriceRiskMember_7f9c528f-abb5-4533-9aa7-e958df83b489_terseLabel_en-US" xlink:label="lab_ifrs-full_CommodityPriceRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commodities</link:label>
    <link:label id="lab_ifrs-full_CommodityPriceRiskMember_label_en-US" xlink:label="lab_ifrs-full_CommodityPriceRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commodity price risk [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CommodityPriceRiskMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CommodityPriceRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CommodityPriceRiskMember" xlink:to="lab_ifrs-full_CommodityPriceRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_StageTwoMember_8437ca59-8a82-47e7-82d6-526184bcd326_terseLabel_en-US" xlink:label="lab_itub_StageTwoMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stage 2</link:label>
    <link:label id="lab_itub_StageTwoMember_label_en-US" xlink:label="lab_itub_StageTwoMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stage Two [Member]</link:label>
    <link:label id="lab_itub_StageTwoMember_documentation_en-US" xlink:label="lab_itub_StageTwoMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Stage Two [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_StageTwoMember" xlink:href="itub-20251231.xsd#itub_StageTwoMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_StageTwoMember" xlink:to="lab_itub_StageTwoMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CureFromStageTwoAllowanceAccountForCreditLossesOfFinancialAssets_a0c1eee0-d5f8-45d2-93c8-c3f4819faa87_verboseLabel_en-US" xlink:label="lab_itub_CureFromStageTwoAllowanceAccountForCreditLossesOfFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Cure from Stage 2</link:label>
    <link:label id="lab_itub_CureFromStageTwoAllowanceAccountForCreditLossesOfFinancialAssets_label_en-US" xlink:label="lab_itub_CureFromStageTwoAllowanceAccountForCreditLossesOfFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cure From Stage Two Allowance Account For Credit Losses Of Financial Assets</link:label>
    <link:label id="lab_itub_CureFromStageTwoAllowanceAccountForCreditLossesOfFinancialAssets_documentation_en-US" xlink:label="lab_itub_CureFromStageTwoAllowanceAccountForCreditLossesOfFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cure From Stage Two Allowance Account For Credit Losses Of Financial Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CureFromStageTwoAllowanceAccountForCreditLossesOfFinancialAssets" xlink:href="itub-20251231.xsd#itub_CureFromStageTwoAllowanceAccountForCreditLossesOfFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CureFromStageTwoAllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="lab_itub_CureFromStageTwoAllowanceAccountForCreditLossesOfFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellCurrent_019b22bf-a906-786a-8353-e5e62066f00c_terseLabel_en-US" xlink:label="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellCurrent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current</link:label>
    <link:label id="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellCurrent_label_en-US" xlink:label="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interbank Deposits And Securities Purchased Under Agreements To Resell, Current</link:label>
    <link:label id="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellCurrent_documentation_en-US" xlink:label="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellCurrent" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interbank Deposits And Securities Purchased Under Agreements To Resell, Current</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellCurrent" xlink:href="itub-20251231.xsd#itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellCurrent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellCurrent" xlink:to="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellCurrent" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_MovementOfExpectedCreditLossesDomain_019d55bb-b383-73a8-986f-dd2142dbe888_terseLabel_en-US" xlink:label="lab_itub_MovementOfExpectedCreditLossesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Movement Of Expected Credit Losses [Domain]</link:label>
    <link:label id="lab_itub_MovementOfExpectedCreditLossesDomain_label_en-US" xlink:label="lab_itub_MovementOfExpectedCreditLossesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Movement Of Expected Credit Losses [Domain]</link:label>
    <link:label id="lab_itub_MovementOfExpectedCreditLossesDomain_documentation_en-US" xlink:label="lab_itub_MovementOfExpectedCreditLossesDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Movement Of Expected Credit Losses [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_MovementOfExpectedCreditLossesDomain" xlink:href="itub-20251231.xsd#itub_MovementOfExpectedCreditLossesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_MovementOfExpectedCreditLossesDomain" xlink:to="lab_itub_MovementOfExpectedCreditLossesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughTransferToStatutoryReserve_7f6f3369-70b3-47f1-b774-963c4182d7a2_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTransferToStatutoryReserve" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statutory reserve</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughTransferToStatutoryReserve_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTransferToStatutoryReserve" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through transfer to statutory reserve, equity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughTransferToStatutoryReserve" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughTransferToStatutoryReserve"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughTransferToStatutoryReserve" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughTransferToStatutoryReserve" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesLineItems_0371d9df-5e45-4958-b694-e2bb74fe7009_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of actual claims compared with previous estimates [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of actual claims compared with previous estimates [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesLineItems" xlink:to="lab_ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DeferredTaxAssetsPercentage_1cdf400b-3483-45b5-b7bb-06590033803a_terseLabel_en-US" xlink:label="lab_itub_DeferredTaxAssetsPercentage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total, percentage</link:label>
    <link:label id="lab_itub_DeferredTaxAssetsPercentage_label_en-US" xlink:label="lab_itub_DeferredTaxAssetsPercentage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Percentage</link:label>
    <link:label id="lab_itub_DeferredTaxAssetsPercentage_documentation_en-US" xlink:label="lab_itub_DeferredTaxAssetsPercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Percentage</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DeferredTaxAssetsPercentage" xlink:href="itub-20251231.xsd#itub_DeferredTaxAssetsPercentage"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DeferredTaxAssetsPercentage" xlink:to="lab_itub_DeferredTaxAssetsPercentage" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LoanOperationsAndLeaseOperations_376abd32-7fb6-4349-b779-bba9901424ee_terseLabel_en-US" xlink:label="lab_itub_LoanOperationsAndLeaseOperations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loan and lease operations</link:label>
    <link:label id="lab_itub_LoanOperationsAndLeaseOperations_label_en-US" xlink:label="lab_itub_LoanOperationsAndLeaseOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loan and lease operations</link:label>
    <link:label id="lab_itub_LoanOperationsAndLeaseOperations_documentation_en-US" xlink:label="lab_itub_LoanOperationsAndLeaseOperations" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loan and lease operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LoanOperationsAndLeaseOperations" xlink:href="itub-20251231.xsd#itub_LoanOperationsAndLeaseOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LoanOperationsAndLeaseOperations" xlink:to="lab_itub_LoanOperationsAndLeaseOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LeasesRenewed_5b40b90d-b93f-4fad-b4d8-689a60bec2c9_terseLabel_en-US" xlink:label="lab_itub_LeasesRenewed" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Leases renewed</link:label>
    <link:label id="lab_itub_LeasesRenewed_label_en-US" xlink:label="lab_itub_LeasesRenewed" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Leases Renewed</link:label>
    <link:label id="lab_itub_LeasesRenewed_documentation_en-US" xlink:label="lab_itub_LeasesRenewed" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Leases Renewed</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LeasesRenewed" xlink:href="itub-20251231.xsd#itub_LeasesRenewed"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LeasesRenewed" xlink:to="lab_itub_LeasesRenewed" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions_3df7bff8-8443-4803-bdab-f3674fca91c3_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Recognition of share-based payment plans</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through share-based payment transactions, equity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TaxAndSocialSecurityMember_5ced9445-081f-491a-a344-fa2cb68ae263_terseLabel_en-US" xlink:label="lab_itub_TaxAndSocialSecurityMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Tax and social security obligations</link:label>
    <link:label id="lab_itub_TaxAndSocialSecurityMember_label_en-US" xlink:label="lab_itub_TaxAndSocialSecurityMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax And Social Security [Member]</link:label>
    <link:label id="lab_itub_TaxAndSocialSecurityMember_documentation_en-US" xlink:label="lab_itub_TaxAndSocialSecurityMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tax And Social Security [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TaxAndSocialSecurityMember" xlink:href="itub-20251231.xsd#itub_TaxAndSocialSecurityMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TaxAndSocialSecurityMember" xlink:to="lab_itub_TaxAndSocialSecurityMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember_c7dbeb5c-7994-41ff-af88-775d54a74fd3_terseLabel_en-US" xlink:label="lab_ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hedges of net investment in foreign operations</link:label>
    <link:label id="lab_ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember_label_en-US" xlink:label="lab_ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedges of net investment in foreign operations [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember" xlink:to="lab_ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProportionOfOwnershipInterestInAssociate_7b75b466-24cd-48a7-a4b7-b1df5967c5f7_terseLabel_en-US" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proportion of ownership interest in associate</link:label>
    <link:label id="lab_ifrs-full_ProportionOfOwnershipInterestInAssociate_label_en-US" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proportion of ownership interest in associate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProportionOfOwnershipInterestInAssociate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:to="lab_ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AvenueHoldingCaymanLtdSecondPhaseOfAcquisitionMember_019dbeb3-93f3-7115-89c6-139a3315fea6_terseLabel_en-US" xlink:label="lab_itub_AvenueHoldingCaymanLtdSecondPhaseOfAcquisitionMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Avenue Holding Cayman Ltd, Second Phase Of Acquisition</link:label>
    <link:label id="lab_itub_AvenueHoldingCaymanLtdSecondPhaseOfAcquisitionMember_label_en-US" xlink:label="lab_itub_AvenueHoldingCaymanLtdSecondPhaseOfAcquisitionMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Avenue Holding Cayman Ltd, Second Phase Of Acquisition [Member]</link:label>
    <link:label id="lab_itub_AvenueHoldingCaymanLtdSecondPhaseOfAcquisitionMember_documentation_en-US" xlink:label="lab_itub_AvenueHoldingCaymanLtdSecondPhaseOfAcquisitionMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Avenue Holding Cayman Ltd, Second Phase Of Acquisition</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AvenueHoldingCaymanLtdSecondPhaseOfAcquisitionMember" xlink:href="itub-20251231.xsd#itub_AvenueHoldingCaymanLtdSecondPhaseOfAcquisitionMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AvenueHoldingCaymanLtdSecondPhaseOfAcquisitionMember" xlink:to="lab_itub_AvenueHoldingCaymanLtdSecondPhaseOfAcquisitionMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PlanAssetsPostemploymentBenefitsMember_492c4152-cc31-4cb1-a16d-b40b5494f569_terseLabel_en-US" xlink:label="lab_itub_PlanAssetsPostemploymentBenefitsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets of post-employment benefit plans</link:label>
    <link:label id="lab_itub_PlanAssetsPostemploymentBenefitsMember_label_en-US" xlink:label="lab_itub_PlanAssetsPostemploymentBenefitsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Plan Assets Postemployment Benefits [Member]</link:label>
    <link:label id="lab_itub_PlanAssetsPostemploymentBenefitsMember_documentation_en-US" xlink:label="lab_itub_PlanAssetsPostemploymentBenefitsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Plan Assets Postemployment Benefits [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PlanAssetsPostemploymentBenefitsMember" xlink:href="itub-20251231.xsd#itub_PlanAssetsPostemploymentBenefitsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PlanAssetsPostemploymentBenefitsMember" xlink:to="lab_itub_PlanAssetsPostemploymentBenefitsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentDomain_80e76b7b-f655-4066-8427-bf78a77f73d0_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of property, plant and equipment [domain]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of property, plant and equipment [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfPropertyPlantAndEquipmentDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfPropertyPlantAndEquipmentDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfPropertyPlantAndEquipmentDomain" xlink:to="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CureToFinancialInstrumentsNotCreditImpairedMember_019d6b08-6b8e-7bda-8c69-a8ba616d48be_terseLabel_en-US" xlink:label="lab_itub_CureToFinancialInstrumentsNotCreditImpairedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cure to Stage 2</link:label>
    <link:label id="lab_itub_CureToFinancialInstrumentsNotCreditImpairedMember_label_en-US" xlink:label="lab_itub_CureToFinancialInstrumentsNotCreditImpairedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cure To Financial Instruments Not Credit-Impaired [Member]</link:label>
    <link:label id="lab_itub_CureToFinancialInstrumentsNotCreditImpairedMember_documentation_en-US" xlink:label="lab_itub_CureToFinancialInstrumentsNotCreditImpairedMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cure To Financial Instruments Not Credit-Impaired</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CureToFinancialInstrumentsNotCreditImpairedMember" xlink:href="itub-20251231.xsd#itub_CureToFinancialInstrumentsNotCreditImpairedMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CureToFinancialInstrumentsNotCreditImpairedMember" xlink:to="lab_itub_CureToFinancialInstrumentsNotCreditImpairedMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressCountry_1de404ee-6d17-4be3-8bfe-186dc1e5866d_terseLabel_en-US" xlink:label="lab_dei_EntityAddressCountry" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, Country</link:label>
    <link:label id="lab_dei_EntityAddressCountry_label_en-US" xlink:label="lab_dei_EntityAddressCountry" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, Country</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressCountry" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressCountry"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressCountry" xlink:to="lab_dei_EntityAddressCountry" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DepositsInGuaranteeForContingentLiabilitiesProvisionsAndLegalObligationsMember_40d5b2a4-4cb6-4359-a456-a5a35111ccfb_terseLabel_en-US" xlink:label="lab_itub_DepositsInGuaranteeForContingentLiabilitiesProvisionsAndLegalObligationsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deposits in guarantee - Contingent liabilities, provisions and legal obligations</link:label>
    <link:label id="lab_itub_DepositsInGuaranteeForContingentLiabilitiesProvisionsAndLegalObligationsMember_label_en-US" xlink:label="lab_itub_DepositsInGuaranteeForContingentLiabilitiesProvisionsAndLegalObligationsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deposits In Guarantee For Contingent Liabilities Provisions And Legal Obligations [Member]</link:label>
    <link:label id="lab_itub_DepositsInGuaranteeForContingentLiabilitiesProvisionsAndLegalObligationsMember_documentation_en-US" xlink:label="lab_itub_DepositsInGuaranteeForContingentLiabilitiesProvisionsAndLegalObligationsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deposits In Guarantee For Contingent Liabilities Provisions And Legal Obligations [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DepositsInGuaranteeForContingentLiabilitiesProvisionsAndLegalObligationsMember" xlink:href="itub-20251231.xsd#itub_DepositsInGuaranteeForContingentLiabilitiesProvisionsAndLegalObligationsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DepositsInGuaranteeForContingentLiabilitiesProvisionsAndLegalObligationsMember" xlink:to="lab_itub_DepositsInGuaranteeForContingentLiabilitiesProvisionsAndLegalObligationsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByRemainingCoverageAndIncurredClaimsTable_b0ae2415-88a0-435f-ae13-08bcdd61cf0b_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByRemainingCoverageAndIncurredClaimsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of reconciliation of changes in insurance contracts by remaining coverage and incurred claims [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByRemainingCoverageAndIncurredClaimsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByRemainingCoverageAndIncurredClaimsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of reconciliation of changes in insurance contracts by remaining coverage and incurred claims [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByRemainingCoverageAndIncurredClaimsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByRemainingCoverageAndIncurredClaimsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByRemainingCoverageAndIncurredClaimsTable" xlink:to="lab_ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByRemainingCoverageAndIncurredClaimsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillLineItems_a3fed9e9-06b0-4d62-b7d2-3ef7764d302b_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of reconciliation of changes in intangible assets and goodwill [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of reconciliation of changes in intangible assets and goodwill [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillLineItems" xlink:to="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_UndiscountedCashFlowsMember_05568a1b-361d-48f4-ba87-297c4e2c7356_terseLabel_en-US" xlink:label="lab_itub_UndiscountedCashFlowsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Undiscounted Cash Flows</link:label>
    <link:label id="lab_itub_UndiscountedCashFlowsMember_label_en-US" xlink:label="lab_itub_UndiscountedCashFlowsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Undiscounted Cash Flows [Member]</link:label>
    <link:label id="lab_itub_UndiscountedCashFlowsMember_documentation_en-US" xlink:label="lab_itub_UndiscountedCashFlowsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Undiscounted Cash Flows [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_UndiscountedCashFlowsMember" xlink:href="itub-20251231.xsd#itub_UndiscountedCashFlowsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_UndiscountedCashFlowsMember" xlink:to="lab_itub_UndiscountedCashFlowsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterBankMarketDebtMember_afb46a3e-863f-4179-8e5a-cbd630903aab_terseLabel_en-US" xlink:label="lab_itub_InterBankMarketDebtMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interbank market funds</link:label>
    <link:label id="lab_itub_InterBankMarketDebtMember_label_en-US" xlink:label="lab_itub_InterBankMarketDebtMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Inter Bank Market Debt [Member]</link:label>
    <link:label id="lab_itub_InterBankMarketDebtMember_documentation_en-US" xlink:label="lab_itub_InterBankMarketDebtMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Inter Bank Market Debt [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterBankMarketDebtMember" xlink:href="itub-20251231.xsd#itub_InterBankMarketDebtMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterBankMarketDebtMember" xlink:to="lab_itub_InterBankMarketDebtMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_GovernmentSecuritiesAbroadMember_cc2d5c06-3152-46b7-905b-eec27829fae7_terseLabel_en-US" xlink:label="lab_itub_GovernmentSecuritiesAbroadMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Abroad</link:label>
    <link:label id="lab_itub_GovernmentSecuritiesAbroadMember_019c8e50-64d1-7cfc-8936-26901dd69552_verboseLabel_en-US" xlink:label="lab_itub_GovernmentSecuritiesAbroadMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Government securities - Abroad</link:label>
    <link:label id="lab_itub_GovernmentSecuritiesAbroadMember_label_en-US" xlink:label="lab_itub_GovernmentSecuritiesAbroadMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Government Securities Abroad [Member]</link:label>
    <link:label id="lab_itub_GovernmentSecuritiesAbroadMember_documentation_en-US" xlink:label="lab_itub_GovernmentSecuritiesAbroadMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Government Securities Abroad [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_GovernmentSecuritiesAbroadMember" xlink:href="itub-20251231.xsd#itub_GovernmentSecuritiesAbroadMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_GovernmentSecuritiesAbroadMember" xlink:to="lab_itub_GovernmentSecuritiesAbroadMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellNonCurrent_019b22c0-4333-7611-b0b8-6a7356481fc2_terseLabel_en-US" xlink:label="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellNonCurrent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-current</link:label>
    <link:label id="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellNonCurrent_label_en-US" xlink:label="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellNonCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interbank Deposits And Securities Purchased Under Agreements To Resell, Non-current</link:label>
    <link:label id="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellNonCurrent_documentation_en-US" xlink:label="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellNonCurrent" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interbank Deposits And Securities Purchased Under Agreements To Resell, Non-current</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellNonCurrent" xlink:href="itub-20251231.xsd#itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellNonCurrent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellNonCurrent" xlink:to="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellNonCurrent" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentAnnualReport_1cecf2ab-7628-4639-bfbe-8fdd397ae98f_terseLabel_en-US" xlink:label="lab_dei_DocumentAnnualReport" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Annual Report</link:label>
    <link:label id="lab_dei_DocumentAnnualReport_label_en-US" xlink:label="lab_dei_DocumentAnnualReport" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Annual Report</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentAnnualReport" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentAnnualReport"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentAnnualReport" xlink:to="lab_dei_DocumentAnnualReport" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationLineItems_dcafd426-1bca-46e4-9641-079180c20b73_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of contingent liabilities in business combination [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of contingent liabilities in business combination [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationLineItems" xlink:to="lab_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TreasurySharesValueCancellationOfSharesDuringPeriod_019c91c1-024a-723f-b95c-777900109888_terseLabel_en-US" xlink:label="lab_itub_TreasurySharesValueCancellationOfSharesDuringPeriod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">(-) Cancellation of Shares - Meeting of the Board of Directors at 11/27/2025</link:label>
    <link:label id="lab_itub_TreasurySharesValueCancellationOfSharesDuringPeriod_label_en-US" xlink:label="lab_itub_TreasurySharesValueCancellationOfSharesDuringPeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Treasury Shares, Value, Cancellation Of Shares During Period</link:label>
    <link:label id="lab_itub_TreasurySharesValueCancellationOfSharesDuringPeriod_documentation_en-US" xlink:label="lab_itub_TreasurySharesValueCancellationOfSharesDuringPeriod" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Treasury Shares, Value, Cancellation Of Shares During Period</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TreasurySharesValueCancellationOfSharesDuringPeriod" xlink:href="itub-20251231.xsd#itub_TreasurySharesValueCancellationOfSharesDuringPeriod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TreasurySharesValueCancellationOfSharesDuringPeriod" xlink:to="lab_itub_TreasurySharesValueCancellationOfSharesDuringPeriod" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfSensitivityAnalysisTableTextBlock_e43c8444-9d7f-40b7-899d-47035c3fad6a_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfSensitivityAnalysisTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Sensitivity Analysis</link:label>
    <link:label id="lab_itub_ScheduleOfSensitivityAnalysisTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfSensitivityAnalysisTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Sensitivity Analysis [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfSensitivityAnalysisTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfSensitivityAnalysisTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Sensitivity Analysis</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfSensitivityAnalysisTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfSensitivityAnalysisTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfSensitivityAnalysisTableTextBlock" xlink:to="lab_itub_ScheduleOfSensitivityAnalysisTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GeographicalAreasDomain_b7febc38-6626-4d90-9054-23abcc0a9148_terseLabel_en-US" xlink:label="lab_ifrs-full_GeographicalAreasDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Geographical areas [domain]</link:label>
    <link:label id="lab_ifrs-full_GeographicalAreasDomain_label_en-US" xlink:label="lab_ifrs-full_GeographicalAreasDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Geographical areas [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GeographicalAreasDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GeographicalAreasDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GeographicalAreasDomain" xlink:to="lab_ifrs-full_GeographicalAreasDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RiskAndCapitalManagementTable_07e517f8-30e5-40a0-9396-5a1d6170036d_terseLabel_en-US" xlink:label="lab_itub_RiskAndCapitalManagementTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Risk And Capital Management [Table]</link:label>
    <link:label id="lab_itub_RiskAndCapitalManagementTable_label_en-US" xlink:label="lab_itub_RiskAndCapitalManagementTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Risk And Capital Management [Table]</link:label>
    <link:label id="lab_itub_RiskAndCapitalManagementTable_documentation_en-US" xlink:label="lab_itub_RiskAndCapitalManagementTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Risk And Capital Management</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RiskAndCapitalManagementTable" xlink:href="itub-20251231.xsd#itub_RiskAndCapitalManagementTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RiskAndCapitalManagementTable" xlink:to="lab_itub_RiskAndCapitalManagementTable" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfReconciliationOfInsuranceOneTableTextBlock_955193f1-ae35-4a87-915a-039a3069a66b_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfReconciliationOfInsuranceOneTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Reconciliation of Insurance One</link:label>
    <link:label id="lab_itub_ScheduleOfReconciliationOfInsuranceOneTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfReconciliationOfInsuranceOneTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Reconciliation Of Insurance One [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfReconciliationOfInsuranceOneTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfReconciliationOfInsuranceOneTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Reconciliation Of Insurance One</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfReconciliationOfInsuranceOneTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfReconciliationOfInsuranceOneTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfReconciliationOfInsuranceOneTableTextBlock" xlink:to="lab_itub_ScheduleOfReconciliationOfInsuranceOneTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_324f6fe6-6b7f-484e-8a7b-685d977e8563_totalLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Financial assets at fair value through other comprehensive income</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income, before tax, financial assets measured at fair value through other comprehensive income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CumulativeDifference_bf115335-6b3f-4f86-93c4-36aacda158da_terseLabel_en-US" xlink:label="lab_itub_CumulativeDifference" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cumulative difference</link:label>
    <link:label id="lab_itub_CumulativeDifference_label_en-US" xlink:label="lab_itub_CumulativeDifference" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cumulative Difference</link:label>
    <link:label id="lab_itub_CumulativeDifference_documentation_en-US" xlink:label="lab_itub_CumulativeDifference" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cumulative Difference</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CumulativeDifference" xlink:href="itub-20251231.xsd#itub_CumulativeDifference"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CumulativeDifference" xlink:to="lab_itub_CumulativeDifference" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfOtherLiabilitiesExplanatory_51abe4fa-a5f3-42fb-9382-4e62760dd712_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherLiabilitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Other Liabilities</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfOtherLiabilitiesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherLiabilitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of other liabilities [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOtherLiabilitiesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOtherLiabilitiesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOtherLiabilitiesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfOtherLiabilitiesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ImpairmentForLeases_32014c0a-9a89-44fe-a36a-c5f69aa8dd25_terseLabel_en-US" xlink:label="lab_itub_ImpairmentForLeases" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Impairment for leases</link:label>
    <link:label id="lab_itub_ImpairmentForLeases_label_en-US" xlink:label="lab_itub_ImpairmentForLeases" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Impairment For Leases</link:label>
    <link:label id="lab_itub_ImpairmentForLeases_documentation_en-US" xlink:label="lab_itub_ImpairmentForLeases" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Impairment For Leases</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ImpairmentForLeases" xlink:href="itub-20251231.xsd#itub_ImpairmentForLeases"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ImpairmentForLeases" xlink:to="lab_itub_ImpairmentForLeases" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfFinancialAssetsAtAmortizedCostAndAtFairValueTableTextBlock_74c320aa-e6dc-48ee-87a6-bea93ba88262_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfFinancialAssetsAtAmortizedCostAndAtFairValueTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Financial Assets at Amortized Cost and at Fair Value</link:label>
    <link:label id="lab_itub_ScheduleOfFinancialAssetsAtAmortizedCostAndAtFairValueTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfFinancialAssetsAtAmortizedCostAndAtFairValueTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Financial Assets At Amortized Cost And At Fair Value [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfFinancialAssetsAtAmortizedCostAndAtFairValueTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfFinancialAssetsAtAmortizedCostAndAtFairValueTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Financial Assets At Amortized Cost And At Fair Value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfFinancialAssetsAtAmortizedCostAndAtFairValueTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfFinancialAssetsAtAmortizedCostAndAtFairValueTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfFinancialAssetsAtAmortizedCostAndAtFairValueTableTextBlock" xlink:to="lab_itub_ScheduleOfFinancialAssetsAtAmortizedCostAndAtFairValueTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialAssetsExplanatory_0433f8f1-21a0-4ef7-aa34-b8259256132b_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Securities at amortized cost (AC)</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialAssetsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of financial assets [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialAssetsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialAssetsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfFinancialAssetsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InternalModelApproachMember_416bb5e1-c955-451a-a524-5dd25691058e_terseLabel_en-US" xlink:label="lab_itub_InternalModelApproachMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Of which: internal models approach (RWAMINT)</link:label>
    <link:label id="lab_itub_InternalModelApproachMember_label_en-US" xlink:label="lab_itub_InternalModelApproachMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Internal Model Approach [Member]</link:label>
    <link:label id="lab_itub_InternalModelApproachMember_documentation_en-US" xlink:label="lab_itub_InternalModelApproachMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Internal Model Approach [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InternalModelApproachMember" xlink:href="itub-20251231.xsd#itub_InternalModelApproachMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InternalModelApproachMember" xlink:to="lab_itub_InternalModelApproachMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CollateralSoldUnderAgreementToResell_79be269f-53ff-45e4-8d16-31d171a9a228_terseLabel_en-US" xlink:label="lab_itub_CollateralSoldUnderAgreementToResell" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Collateral sold</link:label>
    <link:label id="lab_itub_CollateralSoldUnderAgreementToResell_label_en-US" xlink:label="lab_itub_CollateralSoldUnderAgreementToResell" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Collateral Sold Under Agreement To Resell</link:label>
    <link:label id="lab_itub_CollateralSoldUnderAgreementToResell_documentation_en-US" xlink:label="lab_itub_CollateralSoldUnderAgreementToResell" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Collateral Sold Under Agreement To Resell</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CollateralSoldUnderAgreementToResell" xlink:href="itub-20251231.xsd#itub_CollateralSoldUnderAgreementToResell"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CollateralSoldUnderAgreementToResell" xlink:to="lab_itub_CollateralSoldUnderAgreementToResell" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_Securities_dcf0f0dd-bd1c-4a48-85f7-5d5d1d7867dd_verboseLabel_en-US" xlink:label="lab_itub_Securities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Securities</link:label>
    <link:label id="lab_itub_Securities_label_en-US" xlink:label="lab_itub_Securities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Securities [Default Label]</link:label>
    <link:label id="lab_itub_Securities_documentation_en-US" xlink:label="lab_itub_Securities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Securities [Default Label]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_Securities" xlink:href="itub-20251231.xsd#itub_Securities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_Securities" xlink:to="lab_itub_Securities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_0829e524-922b-447d-a008-7628090a043b_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase (decrease) in defined benefit obligation due to reasonably possible increase in actuarial assumption</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) in defined benefit obligation due to reasonably possible increase in actuarial assumption</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption" xlink:to="lab_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherLiabilities_3765328f-c341-47b9-bd0d-82356bc476e7_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other liabilities</link:label>
    <link:label id="lab_ifrs-full_OtherLiabilities_label_en-US" xlink:label="lab_ifrs-full_OtherLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherLiabilities" xlink:to="lab_ifrs-full_OtherLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_OwnershipDomain_019dbeca-f861-79fe-a6a6-5bd1c61bacca_terseLabel_en-US" xlink:label="lab_srt_OwnershipDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ownership [Domain]</link:label>
    <link:label id="lab_srt_OwnershipDomain_label_en-US" xlink:label="lab_srt_OwnershipDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ownership [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_OwnershipDomain" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_OwnershipDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_OwnershipDomain" xlink:to="lab_srt_OwnershipDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CommitmentsToBeReleased_181709af-8001-411c-b9e1-d79b59acb8e1_terseLabel_en-US" xlink:label="lab_itub_CommitmentsToBeReleased" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit commitments and credits to be released</link:label>
    <link:label id="lab_itub_CommitmentsToBeReleased_label_en-US" xlink:label="lab_itub_CommitmentsToBeReleased" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commitments To Be Released</link:label>
    <link:label id="lab_itub_CommitmentsToBeReleased_documentation_en-US" xlink:label="lab_itub_CommitmentsToBeReleased" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Commitments To Be Released</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CommitmentsToBeReleased" xlink:href="itub-20251231.xsd#itub_CommitmentsToBeReleased"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CommitmentsToBeReleased" xlink:to="lab_itub_CommitmentsToBeReleased" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PercentageOfFixedAssetsRatio_6854eea5-f3ac-48cd-b0ec-299895169a7d_terseLabel_en-US" xlink:label="lab_itub_PercentageOfFixedAssetsRatio" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of fixed assets ratio</link:label>
    <link:label id="lab_itub_PercentageOfFixedAssetsRatio_label_en-US" xlink:label="lab_itub_PercentageOfFixedAssetsRatio" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Fixed Assets Ratio</link:label>
    <link:label id="lab_itub_PercentageOfFixedAssetsRatio_documentation_en-US" xlink:label="lab_itub_PercentageOfFixedAssetsRatio" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage Of Fixed Assets Ratio</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PercentageOfFixedAssetsRatio" xlink:href="itub-20251231.xsd#itub_PercentageOfFixedAssetsRatio"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PercentageOfFixedAssetsRatio" xlink:to="lab_itub_PercentageOfFixedAssetsRatio" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialAssetsExpectedLoss_1237279d-8f56-4d09-a36f-0006891f1cd6_negatedLabel_en-US" xlink:label="lab_itub_FinancialAssetsExpectedLoss" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Expected credit loss</link:label>
    <link:label id="lab_itub_FinancialAssetsExpectedLoss_label_en-US" xlink:label="lab_itub_FinancialAssetsExpectedLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Assets Expected Loss</link:label>
    <link:label id="lab_itub_FinancialAssetsExpectedLoss_documentation_en-US" xlink:label="lab_itub_FinancialAssetsExpectedLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial Assets Expected Loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialAssetsExpectedLoss" xlink:href="itub-20251231.xsd#itub_FinancialAssetsExpectedLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialAssetsExpectedLoss" xlink:to="lab_itub_FinancialAssetsExpectedLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory_1548cc82-b872-457f-887c-5393aa515119_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classification of financial liabilities</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for financial liabilities [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LuizacredSASociedadedeCreditoFinanciamentoeInvestimentoMember_b2deaa71-fde0-4c2f-8e2d-6456dac43819_terseLabel_en-US" xlink:label="lab_itub_LuizacredSASociedadedeCreditoFinanciamentoeInvestimentoMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Luizacred S.A. Sociedade de Cr&#233;dito, Financiamento e Investimento</link:label>
    <link:label id="lab_itub_LuizacredSASociedadedeCreditoFinanciamentoeInvestimentoMember_label_en-US" xlink:label="lab_itub_LuizacredSASociedadedeCreditoFinanciamentoeInvestimentoMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Luizacred S.A. Sociedade de Credito, Financiamento e Investimento [Member]</link:label>
    <link:label id="lab_itub_LuizacredSASociedadedeCreditoFinanciamentoeInvestimentoMember_documentation_en-US" xlink:label="lab_itub_LuizacredSASociedadedeCreditoFinanciamentoeInvestimentoMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Luizacred S.A. Sociedade de Credito, Financiamento e Investimento.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LuizacredSASociedadedeCreditoFinanciamentoeInvestimentoMember" xlink:href="itub-20251231.xsd#itub_LuizacredSASociedadedeCreditoFinanciamentoeInvestimentoMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LuizacredSASociedadedeCreditoFinanciamentoeInvestimentoMember" xlink:to="lab_itub_LuizacredSASociedadedeCreditoFinanciamentoeInvestimentoMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CommissionsAndBankingFeesAbstract_10973b11-ef86-487f-b221-1cfcc4bd3e70_terseLabel_en-US" xlink:label="lab_itub_CommissionsAndBankingFeesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commissions And Banking Fees</link:label>
    <link:label id="lab_itub_CommissionsAndBankingFeesAbstract_label_en-US" xlink:label="lab_itub_CommissionsAndBankingFeesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commissions And Banking Fees [Abstract]</link:label>
    <link:label id="lab_itub_CommissionsAndBankingFeesAbstract_documentation_en-US" xlink:label="lab_itub_CommissionsAndBankingFeesAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Commissions And Banking Fees</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CommissionsAndBankingFeesAbstract" xlink:href="itub-20251231.xsd#itub_CommissionsAndBankingFeesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CommissionsAndBankingFeesAbstract" xlink:to="lab_itub_CommissionsAndBankingFeesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax_0417897a-eecf-41cf-a2ff-56d2f8ab8f8c_totalLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Cash flow hedge</link:label>
    <link:label id="lab_ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax_label_en-US" xlink:label="lab_ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (losses) on cash flow hedges, net of tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax" xlink:to="lab_ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans_43aa2189-9dbc-4f5b-835a-c940564a1262_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Remeasurements</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income, before tax, gains (losses) on remeasurements of defined benefit plans</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome_13b8e04a-3d98-4957-a443-af9df8b689c1_negatedLabel_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Tax effect</link:label>
    <link:label id="lab_ifrs-full_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome_label_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income tax relating to remeasurements of defined benefit plans included in other comprehensive income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" xlink:to="lab_ifrs-full_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AssetManagementFeesFundsIncome_10042329-a109-41db-b258-3bc893ca21f5_negatedLabel_en-US" xlink:label="lab_itub_AssetManagementFeesFundsIncome" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Funds</link:label>
    <link:label id="lab_itub_AssetManagementFeesFundsIncome_label_en-US" xlink:label="lab_itub_AssetManagementFeesFundsIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Asset Management Fees Funds Income</link:label>
    <link:label id="lab_itub_AssetManagementFeesFundsIncome_documentation_en-US" xlink:label="lab_itub_AssetManagementFeesFundsIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Asset Management Fees Funds Income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AssetManagementFeesFundsIncome" xlink:href="itub-20251231.xsd#itub_AssetManagementFeesFundsIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AssetManagementFeesFundsIncome" xlink:to="lab_itub_AssetManagementFeesFundsIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CommonEquityTier1Ratio_a667f951-1d1f-43e7-a7f1-a9c847202212_terseLabel_en-US" xlink:label="lab_itub_CommonEquityTier1Ratio" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common Equity Tier 1 ratio (%)</link:label>
    <link:label id="lab_itub_CommonEquityTier1Ratio_label_en-US" xlink:label="lab_itub_CommonEquityTier1Ratio" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Equity Tier 1 Ratio (%)</link:label>
    <link:label id="lab_itub_CommonEquityTier1Ratio_documentation_en-US" xlink:label="lab_itub_CommonEquityTier1Ratio" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Common Equity Tier 1 Ratio (%)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CommonEquityTier1Ratio" xlink:href="itub-20251231.xsd#itub_CommonEquityTier1Ratio"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CommonEquityTier1Ratio" xlink:to="lab_itub_CommonEquityTier1Ratio" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RealEstate2Member_68a83fee-70d6-451e-81c4-27ea22e8b7f8_terseLabel_en-US" xlink:label="lab_itub_RealEstate2Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Real Estate 2</link:label>
    <link:label id="lab_itub_RealEstate2Member_label_en-US" xlink:label="lab_itub_RealEstate2Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate 2 [Member]</link:label>
    <link:label id="lab_itub_RealEstate2Member_documentation_en-US" xlink:label="lab_itub_RealEstate2Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Real Estate 2 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RealEstate2Member" xlink:href="itub-20251231.xsd#itub_RealEstate2Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RealEstate2Member" xlink:to="lab_itub_RealEstate2Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InitiallyAppliedIFRSsAxis_9182fd26-171c-4160-bc92-145068ce0a30_terseLabel_en-US" xlink:label="lab_ifrs-full_InitiallyAppliedIFRSsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Initially applied IFRSs [axis]</link:label>
    <link:label id="lab_ifrs-full_InitiallyAppliedIFRSsAxis_label_en-US" xlink:label="lab_ifrs-full_InitiallyAppliedIFRSsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Initially applied IFRSs [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InitiallyAppliedIFRSsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InitiallyAppliedIFRSsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InitiallyAppliedIFRSsAxis" xlink:to="lab_ifrs-full_InitiallyAppliedIFRSsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NumberOfOutstandingShareOptions_79791160-d55d-4c31-a015-f7fedcc9b21f_periodStartLabel_en-US" xlink:label="lab_ifrs-full_NumberOfOutstandingShareOptions" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Opening balance</link:label>
    <link:label id="lab_ifrs-full_NumberOfOutstandingShareOptions_432404d5-a737-4b77-b947-926b859d4745_periodEndLabel_en-US" xlink:label="lab_ifrs-full_NumberOfOutstandingShareOptions" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Closing balance</link:label>
    <link:label id="lab_ifrs-full_NumberOfOutstandingShareOptions_label_en-US" xlink:label="lab_ifrs-full_NumberOfOutstandingShareOptions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of share options outstanding in share-based payment arrangement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NumberOfOutstandingShareOptions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfOutstandingShareOptions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfOutstandingShareOptions" xlink:to="lab_ifrs-full_NumberOfOutstandingShareOptions" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis_3e1262f3-bffd-4099-8356-e54042f6e0c8_terseLabel_en-US" xlink:label="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Valuation techniques used in fair value measurement [axis]</link:label>
    <link:label id="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis_label_en-US" xlink:label="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Valuation techniques used in fair value measurement [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis" xlink:to="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RelatedPartyTransactionsLiability_019d79b0-c26e-7a9a-8806-9497bad75ff5_negatedTerseLabel_en-US" xlink:label="lab_itub_RelatedPartyTransactionsLiability" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Liability</link:label>
    <link:label id="lab_itub_RelatedPartyTransactionsLiability_label_en-US" xlink:label="lab_itub_RelatedPartyTransactionsLiability" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liability</link:label>
    <link:label id="lab_itub_RelatedPartyTransactionsLiability_documentation_en-US" xlink:label="lab_itub_RelatedPartyTransactionsLiability" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Liability</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RelatedPartyTransactionsLiability" xlink:href="itub-20251231.xsd#itub_RelatedPartyTransactionsLiability"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RelatedPartyTransactionsLiability" xlink:to="lab_itub_RelatedPartyTransactionsLiability" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialAssetsExpenseRecognizedOnExpectedLosses_3bfbdcd2-da28-4442-87d0-3accc16568bd_terseLabel_en-US" xlink:label="lab_itub_FinancialAssetsExpenseRecognizedOnExpectedLosses" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial assets, expense recognized on expected losses</link:label>
    <link:label id="lab_itub_FinancialAssetsExpenseRecognizedOnExpectedLosses_label_en-US" xlink:label="lab_itub_FinancialAssetsExpenseRecognizedOnExpectedLosses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Assets, Expense Recognized On Expected Losses</link:label>
    <link:label id="lab_itub_FinancialAssetsExpenseRecognizedOnExpectedLosses_documentation_en-US" xlink:label="lab_itub_FinancialAssetsExpenseRecognizedOnExpectedLosses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial Assets, Expense Recognized On Expected Losses</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialAssetsExpenseRecognizedOnExpectedLosses" xlink:href="itub-20251231.xsd#itub_FinancialAssetsExpenseRecognizedOnExpectedLosses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialAssetsExpenseRecognizedOnExpectedLosses" xlink:to="lab_itub_FinancialAssetsExpenseRecognizedOnExpectedLosses" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CompaniesMember_ef423a2f-ad37-4a09-a573-f35b834284c3_terseLabel_en-US" xlink:label="lab_itub_CompaniesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Companies</link:label>
    <link:label id="lab_itub_CompaniesMember_label_en-US" xlink:label="lab_itub_CompaniesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Companies [Member]</link:label>
    <link:label id="lab_itub_CompaniesMember_documentation_en-US" xlink:label="lab_itub_CompaniesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Companies [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CompaniesMember" xlink:href="itub-20251231.xsd#itub_CompaniesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CompaniesMember" xlink:to="lab_itub_CompaniesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AdjustmentsForFinancialAssetsDesignatedAtFairValueThroughProfitOrLoss_bb3b5051-99fa-49f8-b7b9-63b2a4d93bb1_terseLabel_en-US" xlink:label="lab_itub_AdjustmentsForFinancialAssetsDesignatedAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial assets at fair value through profit or loss</link:label>
    <link:label id="lab_itub_AdjustmentsForFinancialAssetsDesignatedAtFairValueThroughProfitOrLoss_label_en-US" xlink:label="lab_itub_AdjustmentsForFinancialAssetsDesignatedAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets designated at fair value through profit or loss</link:label>
    <link:label id="lab_itub_AdjustmentsForFinancialAssetsDesignatedAtFairValueThroughProfitOrLoss_documentation_en-US" xlink:label="lab_itub_AdjustmentsForFinancialAssetsDesignatedAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial assets designated at fair value through profit or loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AdjustmentsForFinancialAssetsDesignatedAtFairValueThroughProfitOrLoss" xlink:href="itub-20251231.xsd#itub_AdjustmentsForFinancialAssetsDesignatedAtFairValueThroughProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AdjustmentsForFinancialAssetsDesignatedAtFairValueThroughProfitOrLoss" xlink:to="lab_itub_AdjustmentsForFinancialAssetsDesignatedAtFairValueThroughProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CreditOfOperationsWithoutCreditGrantingCharacteristicsNetAmountMember_2fd00987-eb79-4d31-a31d-60fce1435e06_terseLabel_en-US" xlink:label="lab_itub_CreditOfOperationsWithoutCreditGrantingCharacteristicsNetAmountMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operations without credit granting characteristics, net of provisions</link:label>
    <link:label id="lab_itub_CreditOfOperationsWithoutCreditGrantingCharacteristicsNetAmountMember_label_en-US" xlink:label="lab_itub_CreditOfOperationsWithoutCreditGrantingCharacteristicsNetAmountMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Of Operations Without Credit Granting Characteristics Net Amount [Member]</link:label>
    <link:label id="lab_itub_CreditOfOperationsWithoutCreditGrantingCharacteristicsNetAmountMember_documentation_en-US" xlink:label="lab_itub_CreditOfOperationsWithoutCreditGrantingCharacteristicsNetAmountMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Credit Of Operations Without Credit Granting Characteristics Net Amount [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CreditOfOperationsWithoutCreditGrantingCharacteristicsNetAmountMember" xlink:href="itub-20251231.xsd#itub_CreditOfOperationsWithoutCreditGrantingCharacteristicsNetAmountMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CreditOfOperationsWithoutCreditGrantingCharacteristicsNetAmountMember" xlink:to="lab_itub_CreditOfOperationsWithoutCreditGrantingCharacteristicsNetAmountMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EquityAndLiabilitiesAbstract_a70660f8-ed1c-4908-bd7f-27639c2f7858_terseLabel_en-US" xlink:label="lab_ifrs-full_EquityAndLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities and stockholders' equity</link:label>
    <link:label id="lab_ifrs-full_EquityAndLiabilitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_EquityAndLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity and liabilities [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EquityAndLiabilitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EquityAndLiabilitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityAndLiabilitiesAbstract" xlink:to="lab_ifrs-full_EquityAndLiabilitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ProvisionsForFinancialGuaranteesCreditCommitmentsAndCreditsToBeReleased_cc3e53ec-e7fc-496a-89c1-40b2ef69589b_terseLabel_en-US" xlink:label="lab_itub_ProvisionsForFinancialGuaranteesCreditCommitmentsAndCreditsToBeReleased" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Provisions for financial guarantees, credit commitments and credits to be released</link:label>
    <link:label id="lab_itub_ProvisionsForFinancialGuaranteesCreditCommitmentsAndCreditsToBeReleased_label_en-US" xlink:label="lab_itub_ProvisionsForFinancialGuaranteesCreditCommitmentsAndCreditsToBeReleased" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Provisions For Financial Guarantees, Credit Commitments And Credits To Be Released</link:label>
    <link:label id="lab_itub_ProvisionsForFinancialGuaranteesCreditCommitmentsAndCreditsToBeReleased_documentation_en-US" xlink:label="lab_itub_ProvisionsForFinancialGuaranteesCreditCommitmentsAndCreditsToBeReleased" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Provisions For Financial Guarantees, Credit Commitments And Credits To Be Released</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ProvisionsForFinancialGuaranteesCreditCommitmentsAndCreditsToBeReleased" xlink:href="itub-20251231.xsd#itub_ProvisionsForFinancialGuaranteesCreditCommitmentsAndCreditsToBeReleased"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ProvisionsForFinancialGuaranteesCreditCommitmentsAndCreditsToBeReleased" xlink:to="lab_itub_ProvisionsForFinancialGuaranteesCreditCommitmentsAndCreditsToBeReleased" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_HedgeOfAssetsTransactionsMember_916574c4-b32c-4c4d-9f0e-0d6305e04b51_terseLabel_en-US" xlink:label="lab_itub_HedgeOfAssetsTransactionsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hedge of assets transactions</link:label>
    <link:label id="lab_itub_HedgeOfAssetsTransactionsMember_label_en-US" xlink:label="lab_itub_HedgeOfAssetsTransactionsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedge Of Assets Transactions [Member]</link:label>
    <link:label id="lab_itub_HedgeOfAssetsTransactionsMember_documentation_en-US" xlink:label="lab_itub_HedgeOfAssetsTransactionsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Hedge Of Assets Transactions [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_HedgeOfAssetsTransactionsMember" xlink:href="itub-20251231.xsd#itub_HedgeOfAssetsTransactionsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_HedgeOfAssetsTransactionsMember" xlink:to="lab_itub_HedgeOfAssetsTransactionsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TypeOfExpectedCreditLossesDomain_019d649c-c7ba-72c1-b634-6206a0d00be4_terseLabel_en-US" xlink:label="lab_itub_TypeOfExpectedCreditLossesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Type Of Expected Credit Losses [Domain]</link:label>
    <link:label id="lab_itub_TypeOfExpectedCreditLossesDomain_label_en-US" xlink:label="lab_itub_TypeOfExpectedCreditLossesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Type Of Expected Credit Losses [Domain]</link:label>
    <link:label id="lab_itub_TypeOfExpectedCreditLossesDomain_documentation_en-US" xlink:label="lab_itub_TypeOfExpectedCreditLossesDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Type Of Expected Credit Losses [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TypeOfExpectedCreditLossesDomain" xlink:href="itub-20251231.xsd#itub_TypeOfExpectedCreditLossesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TypeOfExpectedCreditLossesDomain" xlink:to="lab_itub_TypeOfExpectedCreditLossesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityFilerCategory_788eab6b-f00b-424e-98ce-e78c914f0a76_terseLabel_en-US" xlink:label="lab_dei_EntityFilerCategory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Filer Category</link:label>
    <link:label id="lab_dei_EntityFilerCategory_label_en-US" xlink:label="lab_dei_EntityFilerCategory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Filer Category</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityFilerCategory" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityFilerCategory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityFilerCategory" xlink:to="lab_dei_EntityFilerCategory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed_90eea7bf-2913-40f3-95dc-1c606488443a_terseLabel_en-US" xlink:label="lab_ifrs-full_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Securities purchased under agreements to resell</link:label>
    <link:label id="lab_ifrs-full_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed_019d44ae-0127-793a-8167-840b7fb7a916_verboseLabel_en-US" xlink:label="lab_ifrs-full_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Securities purchased under agreements to resell</link:label>
    <link:label id="lab_ifrs-full_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed_label_en-US" xlink:label="lab_ifrs-full_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reverse repurchase agreements and cash collateral on securities borrowed</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed" xlink:to="lab_ifrs-full_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementAssets_c77a43cf-62dc-43a8-9d4a-c45a8b0b7fdb_verboseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive income</link:label>
    <link:label id="lab_ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementAssets_label_en-US" xlink:label="lab_ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (losses) recognised in other comprehensive income including exchange differences, fair value measurement, assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementAssets" xlink:to="lab_ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_88e02911-8c18-489b-ab8d-0e477a7f6b8e_terseLabel_en-US" xlink:label="lab_ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">3 - Net interest</link:label>
    <link:label id="lab_ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_label_en-US" xlink:label="lab_ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) in net defined benefit liability (asset) resulting from interest expense (income)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset" xlink:to="lab_ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinanceiraItauCBDSACreditoFinanciamentoeInvestimentoMember_7e614153-e3ff-43f4-a8ac-919c2e7f275c_terseLabel_en-US" xlink:label="lab_itub_FinanceiraItauCBDSACreditoFinanciamentoeInvestimentoMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financeira Ita&#250; CBD S.A. Cr&#233;dito, Financiamento e Investimento</link:label>
    <link:label id="lab_itub_FinanceiraItauCBDSACreditoFinanciamentoeInvestimentoMember_label_en-US" xlink:label="lab_itub_FinanceiraItauCBDSACreditoFinanciamentoeInvestimentoMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financeira Itau CBD S.A. Credito, Financiamento e Investimento [Member]</link:label>
    <link:label id="lab_itub_FinanceiraItauCBDSACreditoFinanciamentoeInvestimentoMember_documentation_en-US" xlink:label="lab_itub_FinanceiraItauCBDSACreditoFinanciamentoeInvestimentoMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financeira Itau CBD S.A. Credito, Financiamento e Investimento.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinanceiraItauCBDSACreditoFinanciamentoeInvestimentoMember" xlink:href="itub-20251231.xsd#itub_FinanceiraItauCBDSACreditoFinanciamentoeInvestimentoMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinanceiraItauCBDSACreditoFinanciamentoeInvestimentoMember" xlink:to="lab_itub_FinanceiraItauCBDSACreditoFinanciamentoeInvestimentoMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_GainsLossesOnFinancialAssetsMeasuredAtFairValueMeasurementThroughOtherComprehensiveIncome_019d6a64-829e-7c55-baa3-4a39a8e9b478_terseLabel_en-US" xlink:label="lab_itub_GainsLossesOnFinancialAssetsMeasuredAtFairValueMeasurementThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income</link:label>
    <link:label id="lab_itub_GainsLossesOnFinancialAssetsMeasuredAtFairValueMeasurementThroughOtherComprehensiveIncome_label_en-US" xlink:label="lab_itub_GainsLossesOnFinancialAssetsMeasuredAtFairValueMeasurementThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (Losses) On Financial Assets Measured At Fair Value Measurement Through Other Comprehensive Income</link:label>
    <link:label id="lab_itub_GainsLossesOnFinancialAssetsMeasuredAtFairValueMeasurementThroughOtherComprehensiveIncome_documentation_en-US" xlink:label="lab_itub_GainsLossesOnFinancialAssetsMeasuredAtFairValueMeasurementThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Gains (Losses) On Financial Assets Measured At Fair Value Measurement Through Other Comprehensive Income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_GainsLossesOnFinancialAssetsMeasuredAtFairValueMeasurementThroughOtherComprehensiveIncome" xlink:href="itub-20251231.xsd#itub_GainsLossesOnFinancialAssetsMeasuredAtFairValueMeasurementThroughOtherComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_GainsLossesOnFinancialAssetsMeasuredAtFairValueMeasurementThroughOtherComprehensiveIncome" xlink:to="lab_itub_GainsLossesOnFinancialAssetsMeasuredAtFairValueMeasurementThroughOtherComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetResultingFromOtherChanges_a93f74cf-1eb2-4d5f-9851-368519940b50_terseLabel_en-US" xlink:label="lab_itub_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetResultingFromOtherChanges" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other (8+9+10)</link:label>
    <link:label id="lab_itub_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetResultingFromOtherChanges_label_en-US" xlink:label="lab_itub_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetResultingFromOtherChanges" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) In Net Defined Benefit Liability (Asset) Resulting From Other Changes</link:label>
    <link:label id="lab_itub_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetResultingFromOtherChanges_documentation_en-US" xlink:label="lab_itub_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetResultingFromOtherChanges" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase (Decrease) In Net Defined Benefit Liability (Asset) Resulting From Other Changes</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetResultingFromOtherChanges" xlink:href="itub-20251231.xsd#itub_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetResultingFromOtherChanges"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetResultingFromOtherChanges" xlink:to="lab_itub_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetResultingFromOtherChanges" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestOnProvisions_f81e1dec-cf77-47cc-95fb-7ec4ee5e518f_terseLabel_en-US" xlink:label="lab_itub_InterestOnProvisions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjustment / Interest</link:label>
    <link:label id="lab_itub_InterestOnProvisions_d8cab449-f9cc-499a-9ccd-6f2c50288e13_verboseLabel_en-US" xlink:label="lab_itub_InterestOnProvisions" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Adjustment / Interest</link:label>
    <link:label id="lab_itub_InterestOnProvisions_label_en-US" xlink:label="lab_itub_InterestOnProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustment / Interest</link:label>
    <link:label id="lab_itub_InterestOnProvisions_documentation_en-US" xlink:label="lab_itub_InterestOnProvisions" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Adjustment / Interest</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestOnProvisions" xlink:href="itub-20251231.xsd#itub_InterestOnProvisions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestOnProvisions" xlink:to="lab_itub_InterestOnProvisions" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressAddressLine1_2c34aa3e-7f96-4ce8-82bf-615e7acefb05_terseLabel_en-US" xlink:label="lab_dei_EntityAddressAddressLine1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, Address Line One</link:label>
    <link:label id="lab_dei_EntityAddressAddressLine1_label_en-US" xlink:label="lab_dei_EntityAddressAddressLine1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, Address Line One</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine1" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressAddressLine1"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressAddressLine1" xlink:to="lab_dei_EntityAddressAddressLine1" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_OwnershipAxis_019dbeca-f861-702d-9ef0-7af4ab6f8a9d_terseLabel_en-US" xlink:label="lab_srt_OwnershipAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ownership [Axis]</link:label>
    <link:label id="lab_srt_OwnershipAxis_label_en-US" xlink:label="lab_srt_OwnershipAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ownership [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_OwnershipAxis" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_OwnershipAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_OwnershipAxis" xlink:to="lab_srt_OwnershipAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DerivativeInstrumentAxis_a1c9bbd8-fd36-4062-b80d-563c0e10fe2a_terseLabel_en-US" xlink:label="lab_itub_DerivativeInstrumentAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative Instrument [Axis]</link:label>
    <link:label id="lab_itub_DerivativeInstrumentAxis_label_en-US" xlink:label="lab_itub_DerivativeInstrumentAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Instrument [Axis]</link:label>
    <link:label id="lab_itub_DerivativeInstrumentAxis_documentation_en-US" xlink:label="lab_itub_DerivativeInstrumentAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Derivative Instrument [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DerivativeInstrumentAxis" xlink:href="itub-20251231.xsd#itub_DerivativeInstrumentAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DerivativeInstrumentAxis" xlink:to="lab_itub_DerivativeInstrumentAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherAdjustmentsToReconcileProfitLoss_3b66fb77-9e37-4413-a282-34ad9807e7d7_verboseLabel_en-US" xlink:label="lab_ifrs-full_OtherAdjustmentsToReconcileProfitLoss" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_ifrs-full_OtherAdjustmentsToReconcileProfitLoss_label_en-US" xlink:label="lab_ifrs-full_OtherAdjustmentsToReconcileProfitLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other adjustments to reconcile profit (loss)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherAdjustmentsToReconcileProfitLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherAdjustmentsToReconcileProfitLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherAdjustmentsToReconcileProfitLoss" xlink:to="lab_ifrs-full_OtherAdjustmentsToReconcileProfitLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment_d20e9d6f-10a8-4351-a8aa-b8765c5e076d_terseLabel_en-US" xlink:label="lab_ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contractual commitments for acquisition of property, plant and equipment</link:label>
    <link:label id="lab_ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contractual commitments for acquisition of property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_NonstatedMaturityMember_c4befe85-a40a-4498-8b2a-91590ae5c6aa_terseLabel_en-US" xlink:label="lab_itub_NonstatedMaturityMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-stated maturity</link:label>
    <link:label id="lab_itub_NonstatedMaturityMember_label_en-US" xlink:label="lab_itub_NonstatedMaturityMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Nonstated Maturity [Member]</link:label>
    <link:label id="lab_itub_NonstatedMaturityMember_documentation_en-US" xlink:label="lab_itub_NonstatedMaturityMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Nonstated Maturity [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_NonstatedMaturityMember" xlink:href="itub-20251231.xsd#itub_NonstatedMaturityMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_NonstatedMaturityMember" xlink:to="lab_itub_NonstatedMaturityMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EstimateOfContributionsExpectedToBePaidToPlan_ef811d16-b195-4632-b121-cac1fc42b77a_terseLabel_en-US" xlink:label="lab_ifrs-full_EstimateOfContributionsExpectedToBePaidToPlan" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Estimated contributions</link:label>
    <link:label id="lab_ifrs-full_EstimateOfContributionsExpectedToBePaidToPlan_label_en-US" xlink:label="lab_ifrs-full_EstimateOfContributionsExpectedToBePaidToPlan" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Estimate of contributions expected to be paid to plan for next annual reporting period</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EstimateOfContributionsExpectedToBePaidToPlan" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EstimateOfContributionsExpectedToBePaidToPlan"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EstimateOfContributionsExpectedToBePaidToPlan" xlink:to="lab_ifrs-full_EstimateOfContributionsExpectedToBePaidToPlan" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfCompositionOfCapitalAdequacyTableTextBlock_310458c2-1409-4c6c-8cb2-d8bc0076d80c_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfCompositionOfCapitalAdequacyTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Composition of Capital Adequacy</link:label>
    <link:label id="lab_itub_ScheduleOfCompositionOfCapitalAdequacyTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfCompositionOfCapitalAdequacyTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Composition Of Capital Adequacy [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfCompositionOfCapitalAdequacyTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfCompositionOfCapitalAdequacyTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Composition Of Capital Adequacy</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfCompositionOfCapitalAdequacyTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfCompositionOfCapitalAdequacyTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfCompositionOfCapitalAdequacyTableTextBlock" xlink:to="lab_itub_ScheduleOfCompositionOfCapitalAdequacyTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialAssetsTable_b0e7d4c0-172c-4c2c-ad5b-f8fd23cb1e97_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialAssetsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of financial assets [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialAssetsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialAssetsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of financial assets [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialAssetsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialAssetsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialAssetsTable" xlink:to="lab_ifrs-full_DisclosureOfFinancialAssetsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_BonusShareIssuanceTwoMember_019d6a23-ec35-79fe-a93d-d4ce4dc4e1cd_terseLabel_en-US" xlink:label="lab_itub_BonusShareIssuanceTwoMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bonus Share, Issuance Two</link:label>
    <link:label id="lab_itub_BonusShareIssuanceTwoMember_label_en-US" xlink:label="lab_itub_BonusShareIssuanceTwoMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Bonus Share, Issuance Two [Member]</link:label>
    <link:label id="lab_itub_BonusShareIssuanceTwoMember_documentation_en-US" xlink:label="lab_itub_BonusShareIssuanceTwoMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Bonus Share, Issuance Two</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_BonusShareIssuanceTwoMember" xlink:href="itub-20251231.xsd#itub_BonusShareIssuanceTwoMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_BonusShareIssuanceTwoMember" xlink:to="lab_itub_BonusShareIssuanceTwoMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AccumulatedOtherComprehensiveIncome_06f9ede4-1cdc-4034-94f8-50e74dcaad0b_terseLabel_en-US" xlink:label="lab_ifrs-full_AccumulatedOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive income</link:label>
    <link:label id="lab_ifrs-full_AccumulatedOtherComprehensiveIncome_label_en-US" xlink:label="lab_ifrs-full_AccumulatedOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated other comprehensive income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AccumulatedOtherComprehensiveIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AccumulatedOtherComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AccumulatedOtherComprehensiveIncome" xlink:to="lab_ifrs-full_AccumulatedOtherComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ItaUnibancoSaMember_83576b25-6af0-4ee5-b51c-cf44987facc6_terseLabel_en-US" xlink:label="lab_itub_ItaUnibancoSaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">ITA&#218; UNIBANCO</link:label>
    <link:label id="lab_itub_ItaUnibancoSaMember_label_en-US" xlink:label="lab_itub_ItaUnibancoSaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ita Unibanco Sa [Member]</link:label>
    <link:label id="lab_itub_ItaUnibancoSaMember_documentation_en-US" xlink:label="lab_itub_ItaUnibancoSaMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Ita Unibanco Sa [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ItaUnibancoSaMember" xlink:href="itub-20251231.xsd#itub_ItaUnibancoSaMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ItaUnibancoSaMember" xlink:to="lab_itub_ItaUnibancoSaMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ProvisionForRetirementPlanBenefitsMember_d95d2064-3f92-4b1d-86e4-34f0346fad3f_terseLabel_en-US" xlink:label="lab_itub_ProvisionForRetirementPlanBenefitsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities from post-employment benefit plans</link:label>
    <link:label id="lab_itub_ProvisionForRetirementPlanBenefitsMember_label_en-US" xlink:label="lab_itub_ProvisionForRetirementPlanBenefitsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Provision For Retirement Plan Benefits [Member]</link:label>
    <link:label id="lab_itub_ProvisionForRetirementPlanBenefitsMember_documentation_en-US" xlink:label="lab_itub_ProvisionForRetirementPlanBenefitsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Provision For Retirement Plan Benefits [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ProvisionForRetirementPlanBenefitsMember" xlink:href="itub-20251231.xsd#itub_ProvisionForRetirementPlanBenefitsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ProvisionForRetirementPlanBenefitsMember" xlink:to="lab_itub_ProvisionForRetirementPlanBenefitsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_GeneralModelBBAMember_e37fa6da-e43a-4328-afca-3514f62ffa4e_terseLabel_en-US" xlink:label="lab_itub_GeneralModelBBAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">General Model B B A</link:label>
    <link:label id="lab_itub_GeneralModelBBAMember_label_en-US" xlink:label="lab_itub_GeneralModelBBAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">General Model B B A [Member]</link:label>
    <link:label id="lab_itub_GeneralModelBBAMember_documentation_en-US" xlink:label="lab_itub_GeneralModelBBAMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">General Model B B A [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_GeneralModelBBAMember" xlink:href="itub-20251231.xsd#itub_GeneralModelBBAMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_GeneralModelBBAMember" xlink:to="lab_itub_GeneralModelBBAMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRatesMember_3ea6123e-85e2-4ecb-aa23-939b9c93bbec_terseLabel_en-US" xlink:label="lab_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRatesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Medical inflation</link:label>
    <link:label id="lab_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRatesMember_label_en-US" xlink:label="lab_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRatesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Actuarial assumption of medical cost trend rates [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRatesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ActuarialAssumptionOfMedicalCostTrendRatesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRatesMember" xlink:to="lab_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRatesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InsuranceContractsThatAreLiabilities_3faf701b-042a-4f43-9228-2b28b5377b65_terseLabel_en-US" xlink:label="lab_ifrs-full_InsuranceContractsThatAreLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Insurance contracts and private pension</link:label>
    <link:label id="lab_ifrs-full_InsuranceContractsThatAreLiabilities_label_en-US" xlink:label="lab_ifrs-full_InsuranceContractsThatAreLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Insurance contracts that are liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InsuranceContractsThatAreLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InsuranceContractsThatAreLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InsuranceContractsThatAreLiabilities" xlink:to="lab_ifrs-full_InsuranceContractsThatAreLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CreditRiskExposure_48301593-1828-4e9a-b341-206193d9ae7d_terseLabel_en-US" xlink:label="lab_itub_CreditRiskExposure" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_itub_CreditRiskExposure_label_en-US" xlink:label="lab_itub_CreditRiskExposure" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Risk Exposure</link:label>
    <link:label id="lab_itub_CreditRiskExposure_documentation_en-US" xlink:label="lab_itub_CreditRiskExposure" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Credit Risk Exposure</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CreditRiskExposure" xlink:href="itub-20251231.xsd#itub_CreditRiskExposure"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CreditRiskExposure" xlink:to="lab_itub_CreditRiskExposure" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CdiPlusOnePointTwoFivePercentageMember_019c750c-f339-7a42-afc6-c0ae9111a8da_terseLabel_en-US" xlink:label="lab_itub_CdiPlusOnePointTwoFivePercentageMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CDI + 1.25%</link:label>
    <link:label id="lab_itub_CdiPlusOnePointTwoFivePercentageMember_label_en-US" xlink:label="lab_itub_CdiPlusOnePointTwoFivePercentageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cdi plus One Point Two Five Percentage [Member]</link:label>
    <link:label id="lab_itub_CdiPlusOnePointTwoFivePercentageMember_documentation_en-US" xlink:label="lab_itub_CdiPlusOnePointTwoFivePercentageMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cdi plus One Point Two Five Percentage</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CdiPlusOnePointTwoFivePercentageMember" xlink:href="itub-20251231.xsd#itub_CdiPlusOnePointTwoFivePercentageMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CdiPlusOnePointTwoFivePercentageMember" xlink:to="lab_itub_CdiPlusOnePointTwoFivePercentageMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_HedgedItemsAxis_a4748cfc-a802-4b88-9858-06a193422947_terseLabel_en-US" xlink:label="lab_ifrs-full_HedgedItemsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hedged items [axis]</link:label>
    <link:label id="lab_ifrs-full_HedgedItemsAxis_label_en-US" xlink:label="lab_ifrs-full_HedgedItemsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedged items [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_HedgedItemsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_HedgedItemsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_HedgedItemsAxis" xlink:to="lab_ifrs-full_HedgedItemsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DebtSecuritiesCorporateMember_019d6510-f143-75c7-a3c7-6d410b8009ed_terseLabel_en-US" xlink:label="lab_itub_DebtSecuritiesCorporateMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Corporate securities</link:label>
    <link:label id="lab_itub_DebtSecuritiesCorporateMember_label_en-US" xlink:label="lab_itub_DebtSecuritiesCorporateMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Corporate [Member]</link:label>
    <link:label id="lab_itub_DebtSecuritiesCorporateMember_documentation_en-US" xlink:label="lab_itub_DebtSecuritiesCorporateMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debt Securities, Corporate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DebtSecuritiesCorporateMember" xlink:href="itub-20251231.xsd#itub_DebtSecuritiesCorporateMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DebtSecuritiesCorporateMember" xlink:to="lab_itub_DebtSecuritiesCorporateMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellAbstract_73a32fa7-dcfd-4d7a-84a0-527ea2921ac2_terseLabel_en-US" xlink:label="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interbank Deposits And Securities Purchased Under Agreements To Resell</link:label>
    <link:label id="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellAbstract_label_en-US" xlink:label="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interbank Deposits And Securities Purchased Under Agreements To Resell [Abstract]</link:label>
    <link:label id="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellAbstract_documentation_en-US" xlink:label="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interbank Deposits And Securities Purchased Under Agreements To Resell</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellAbstract" xlink:href="itub-20251231.xsd#itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellAbstract" xlink:to="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AmountRecognizedInAssets_1e93a82d-ab48-4d03-86ce-1f5f685161cd_terseLabel_en-US" xlink:label="lab_itub_AmountRecognizedInAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amount recognized in Assets</link:label>
    <link:label id="lab_itub_AmountRecognizedInAssets_label_en-US" xlink:label="lab_itub_AmountRecognizedInAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amount Recognized In Assets</link:label>
    <link:label id="lab_itub_AmountRecognizedInAssets_documentation_en-US" xlink:label="lab_itub_AmountRecognizedInAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount Recognized In Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AmountRecognizedInAssets" xlink:href="itub-20251231.xsd#itub_AmountRecognizedInAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AmountRecognizedInAssets" xlink:to="lab_itub_AmountRecognizedInAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ZupITServicosemTecnologiaeInovacaoS.A.Member_0b93ce6d-133a-4e76-a3b1-c5df81d0cd75_terseLabel_en-US" xlink:label="lab_itub_ZupITServicosemTecnologiaeInovacaoS.A.Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Zup I T Servicosem Tecnologiae Inovacao S. A.</link:label>
    <link:label id="lab_itub_ZupITServicosemTecnologiaeInovacaoS.A.Member_label_en-US" xlink:label="lab_itub_ZupITServicosemTecnologiaeInovacaoS.A.Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Zup I T Servicosem Tecnologiae Inovacao S. A. [Member]</link:label>
    <link:label id="lab_itub_ZupITServicosemTecnologiaeInovacaoS.A.Member_documentation_en-US" xlink:label="lab_itub_ZupITServicosemTecnologiaeInovacaoS.A.Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Zup I T Servicosem Tecnologiae Inovacao S. A. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ZupITServicosemTecnologiaeInovacaoS.A.Member" xlink:href="itub-20251231.xsd#itub_ZupITServicosemTecnologiaeInovacaoS.A.Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ZupITServicosemTecnologiaeInovacaoS.A.Member" xlink:to="lab_itub_ZupITServicosemTecnologiaeInovacaoS.A.Member" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_NonDeliverableForwardMember_19af6203-26a3-4afb-851a-f68de7917933_terseLabel_en-US" xlink:label="lab_itub_NonDeliverableForwardMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">NDF</link:label>
    <link:label id="lab_itub_NonDeliverableForwardMember_label_en-US" xlink:label="lab_itub_NonDeliverableForwardMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non Deliverable Forward [Member]</link:label>
    <link:label id="lab_itub_NonDeliverableForwardMember_documentation_en-US" xlink:label="lab_itub_NonDeliverableForwardMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Non Deliverable Forward [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_NonDeliverableForwardMember" xlink:href="itub-20251231.xsd#itub_NonDeliverableForwardMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_NonDeliverableForwardMember" xlink:to="lab_itub_NonDeliverableForwardMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ChangesInEquity_bb570fb5-5c03-4c8e-bd3f-17dce47edbbf_terseLabel_en-US" xlink:label="lab_ifrs-full_ChangesInEquity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in the period</link:label>
    <link:label id="lab_ifrs-full_ChangesInEquity_label_en-US" xlink:label="lab_ifrs-full_ChangesInEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) in equity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ChangesInEquity" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ChangesInEquity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ChangesInEquity" xlink:to="lab_ifrs-full_ChangesInEquity" xlink:type="arc" order="1"/>
    <link:label id="lab_country_BR_019d6942-a656-7afd-934d-3859462b6572_terseLabel_en-US" xlink:label="lab_country_BR" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Brazil</link:label>
    <link:label id="lab_country_BR_label_en-US" xlink:label="lab_country_BR" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">BRAZIL</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_BR" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_BR"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_BR" xlink:to="lab_country_BR" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AdjustmentsForIncreaseDecreaseInInterbankDeposits_2bffd87d-4147-4916-83b6-a00fad3f3c44_verboseLabel_en-US" xlink:label="lab_itub_AdjustmentsForIncreaseDecreaseInInterbankDeposits" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Interbank deposits</link:label>
    <link:label id="lab_itub_AdjustmentsForIncreaseDecreaseInInterbankDeposits_label_en-US" xlink:label="lab_itub_AdjustmentsForIncreaseDecreaseInInterbankDeposits" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments For Increase Decrease In Interbank Deposits</link:label>
    <link:label id="lab_itub_AdjustmentsForIncreaseDecreaseInInterbankDeposits_documentation_en-US" xlink:label="lab_itub_AdjustmentsForIncreaseDecreaseInInterbankDeposits" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Adjustments For Increase Decrease In Interbank Deposits</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AdjustmentsForIncreaseDecreaseInInterbankDeposits" xlink:href="itub-20251231.xsd#itub_AdjustmentsForIncreaseDecreaseInInterbankDeposits"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AdjustmentsForIncreaseDecreaseInInterbankDeposits" xlink:to="lab_itub_AdjustmentsForIncreaseDecreaseInInterbankDeposits" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CharacteristicsOfDefinedBenefitPlansDomain_887e0ea5-2be5-48f1-988b-c4590811be36_terseLabel_en-US" xlink:label="lab_ifrs-full_CharacteristicsOfDefinedBenefitPlansDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Characteristics of defined benefit plans [domain]</link:label>
    <link:label id="lab_ifrs-full_CharacteristicsOfDefinedBenefitPlansDomain_label_en-US" xlink:label="lab_ifrs-full_CharacteristicsOfDefinedBenefitPlansDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Characteristics of defined benefit plans [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CharacteristicsOfDefinedBenefitPlansDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CharacteristicsOfDefinedBenefitPlansDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CharacteristicsOfDefinedBenefitPlansDomain" xlink:to="lab_ifrs-full_CharacteristicsOfDefinedBenefitPlansDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InvestmentInSecuritiesAtAmortisedCost_0dc94998-e4b9-4729-94d4-f5b1beffef91_terseLabel_en-US" xlink:label="lab_itub_InvestmentInSecuritiesAtAmortisedCost" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Securities</link:label>
    <link:label id="lab_itub_InvestmentInSecuritiesAtAmortisedCost_label_en-US" xlink:label="lab_itub_InvestmentInSecuritiesAtAmortisedCost" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Securities</link:label>
    <link:label id="lab_itub_InvestmentInSecuritiesAtAmortisedCost_documentation_en-US" xlink:label="lab_itub_InvestmentInSecuritiesAtAmortisedCost" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Securities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InvestmentInSecuritiesAtAmortisedCost" xlink:href="itub-20251231.xsd#itub_InvestmentInSecuritiesAtAmortisedCost"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InvestmentInSecuritiesAtAmortisedCost" xlink:to="lab_itub_InvestmentInSecuritiesAtAmortisedCost" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ActuarialAssumptionOfMortalityRatesMember_5da9d07b-c788-4ef2-8ede-64a7d818ee03_terseLabel_en-US" xlink:label="lab_ifrs-full_ActuarialAssumptionOfMortalityRatesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortality table</link:label>
    <link:label id="lab_ifrs-full_ActuarialAssumptionOfMortalityRatesMember_label_en-US" xlink:label="lab_ifrs-full_ActuarialAssumptionOfMortalityRatesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Actuarial assumption of mortality rates [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ActuarialAssumptionOfMortalityRatesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ActuarialAssumptionOfMortalityRatesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ActuarialAssumptionOfMortalityRatesMember" xlink:to="lab_ifrs-full_ActuarialAssumptionOfMortalityRatesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss_e71517c9-53d9-4792-9467-300210633b60_verboseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Insurance contracts and private pension</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income, net of tax, insurance finance income (expenses) from insurance contracts issued excluded from profit or loss that will be reclassified to profit or loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeNetOfTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeNetOfTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InvestmentFundsMember_44e3fa60-376a-4a3e-8760-27d57ed00aab_terseLabel_en-US" xlink:label="lab_ifrs-full_InvestmentFundsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment funds</link:label>
    <link:label id="lab_ifrs-full_InvestmentFundsMember_label_en-US" xlink:label="lab_ifrs-full_InvestmentFundsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment funds [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InvestmentFundsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InvestmentFundsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InvestmentFundsMember" xlink:to="lab_ifrs-full_InvestmentFundsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IncomeFromInsuranceContractsAndPrivatePension_a24792ac-6453-4121-b483-5aa55a642fde_totalLabel_en-US" xlink:label="lab_itub_IncomeFromInsuranceContractsAndPrivatePension" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Income from Insurance Contracts and Private Pension</link:label>
    <link:label id="lab_itub_IncomeFromInsuranceContractsAndPrivatePension_label_en-US" xlink:label="lab_itub_IncomeFromInsuranceContractsAndPrivatePension" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income From Insurance Contracts And Private Pension</link:label>
    <link:label id="lab_itub_IncomeFromInsuranceContractsAndPrivatePension_documentation_en-US" xlink:label="lab_itub_IncomeFromInsuranceContractsAndPrivatePension" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Income From Insurance Contracts And Private Pension</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IncomeFromInsuranceContractsAndPrivatePension" xlink:href="itub-20251231.xsd#itub_IncomeFromInsuranceContractsAndPrivatePension"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IncomeFromInsuranceContractsAndPrivatePension" xlink:to="lab_itub_IncomeFromInsuranceContractsAndPrivatePension" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CommonEquityTierOneCapitalAmount_2150a3b9-ed8f-47ff-b5d4-6a71ce0b9c63_terseLabel_en-US" xlink:label="lab_itub_CommonEquityTierOneCapitalAmount" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common Equity Tier 1 (CET 1)</link:label>
    <link:label id="lab_itub_CommonEquityTierOneCapitalAmount_label_en-US" xlink:label="lab_itub_CommonEquityTierOneCapitalAmount" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Equity Tier 1 (CET 1)</link:label>
    <link:label id="lab_itub_CommonEquityTierOneCapitalAmount_documentation_en-US" xlink:label="lab_itub_CommonEquityTierOneCapitalAmount" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Common Equity Tier 1 (CET 1)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CommonEquityTierOneCapitalAmount" xlink:href="itub-20251231.xsd#itub_CommonEquityTierOneCapitalAmount"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CommonEquityTierOneCapitalAmount" xlink:to="lab_itub_CommonEquityTierOneCapitalAmount" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems_307921b1-b055-4da6-82f4-ac1e7162f2ed_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of transactions between related parties [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of transactions between related parties [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems_4dd9d2ad-1247-4cc3-b524-c2909ece1137_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of fair value measurement of assets [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of fair value measurement of assets [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems" xlink:to="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RealizationOfInsuranceContractualMargin_7cb106ba-dc54-45d8-9348-47170268ebf7_terseLabel_en-US" xlink:label="lab_itub_RealizationOfInsuranceContractualMargin" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Realization of Insurance Contractual Margin</link:label>
    <link:label id="lab_itub_RealizationOfInsuranceContractualMargin_label_en-US" xlink:label="lab_itub_RealizationOfInsuranceContractualMargin" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Realization of Insurance Contractual Margin</link:label>
    <link:label id="lab_itub_RealizationOfInsuranceContractualMargin_documentation_en-US" xlink:label="lab_itub_RealizationOfInsuranceContractualMargin" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Realization of Insurance Contractual Margin</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RealizationOfInsuranceContractualMargin" xlink:href="itub-20251231.xsd#itub_RealizationOfInsuranceContractualMargin"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RealizationOfInsuranceContractualMargin" xlink:to="lab_itub_RealizationOfInsuranceContractualMargin" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RuralCreditBillsMember_b3f900af-bd64-45bf-be71-f27ca5b2bf84_terseLabel_en-US" xlink:label="lab_itub_RuralCreditBillsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Rural credit bills</link:label>
    <link:label id="lab_itub_RuralCreditBillsMember_label_en-US" xlink:label="lab_itub_RuralCreditBillsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rural Credit Bills [Member]</link:label>
    <link:label id="lab_itub_RuralCreditBillsMember_documentation_en-US" xlink:label="lab_itub_RuralCreditBillsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Rural Credit Bills [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RuralCreditBillsMember" xlink:href="itub-20251231.xsd#itub_RuralCreditBillsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RuralCreditBillsMember" xlink:to="lab_itub_RuralCreditBillsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfOtherFinancialAssetsTableTextBlock_3e206748-cfa8-43ed-9e48-33243c073762_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfOtherFinancialAssetsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Other Financial Assets</link:label>
    <link:label id="lab_itub_ScheduleOfOtherFinancialAssetsTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfOtherFinancialAssetsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Other Financial Assets [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfOtherFinancialAssetsTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfOtherFinancialAssetsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Other Financial Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfOtherFinancialAssetsTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfOtherFinancialAssetsTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfOtherFinancialAssetsTableTextBlock" xlink:to="lab_itub_ScheduleOfOtherFinancialAssetsTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TransferFrom12MonthExpectedCreditLossesMember_019d6b04-d0ca-73e2-af54-8b99a8cd874a_terseLabel_en-US" xlink:label="lab_itub_TransferFrom12MonthExpectedCreditLossesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transfer from Stage 1</link:label>
    <link:label id="lab_itub_TransferFrom12MonthExpectedCreditLossesMember_label_en-US" xlink:label="lab_itub_TransferFrom12MonthExpectedCreditLossesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfer From 12-month Expected Credit Losses [Member]</link:label>
    <link:label id="lab_itub_TransferFrom12MonthExpectedCreditLossesMember_documentation_en-US" xlink:label="lab_itub_TransferFrom12MonthExpectedCreditLossesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Transfer From 12-month Expected Credit Losses</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TransferFrom12MonthExpectedCreditLossesMember" xlink:href="itub-20251231.xsd#itub_TransferFrom12MonthExpectedCreditLossesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TransferFrom12MonthExpectedCreditLossesMember" xlink:to="lab_itub_TransferFrom12MonthExpectedCreditLossesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IncreaseDecreaseInCashFlowHedgeReserve_ca8c956f-e8f5-4e45-813a-d76eb625a8c4_terseLabel_en-US" xlink:label="lab_itub_IncreaseDecreaseInCashFlowHedgeReserve" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flow hedge reserve</link:label>
    <link:label id="lab_itub_IncreaseDecreaseInCashFlowHedgeReserve_label_en-US" xlink:label="lab_itub_IncreaseDecreaseInCashFlowHedgeReserve" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase Decrease In Cash Flow Hedge Reserve</link:label>
    <link:label id="lab_itub_IncreaseDecreaseInCashFlowHedgeReserve_documentation_en-US" xlink:label="lab_itub_IncreaseDecreaseInCashFlowHedgeReserve" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase Decrease In Cash Flow Hedge Reserve</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IncreaseDecreaseInCashFlowHedgeReserve" xlink:href="itub-20251231.xsd#itub_IncreaseDecreaseInCashFlowHedgeReserve"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IncreaseDecreaseInCashFlowHedgeReserve" xlink:to="lab_itub_IncreaseDecreaseInCashFlowHedgeReserve" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CurrencyForwardContractMember_cafa0659-ec48-4fe8-af91-7f021ccc6647_terseLabel_en-US" xlink:label="lab_itub_CurrencyForwardContractMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Forward</link:label>
    <link:label id="lab_itub_CurrencyForwardContractMember_label_en-US" xlink:label="lab_itub_CurrencyForwardContractMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Currency Forward Contract [Member]</link:label>
    <link:label id="lab_itub_CurrencyForwardContractMember_documentation_en-US" xlink:label="lab_itub_CurrencyForwardContractMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Currency Forward Contract [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CurrencyForwardContractMember" xlink:href="itub-20251231.xsd#itub_CurrencyForwardContractMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CurrencyForwardContractMember" xlink:to="lab_itub_CurrencyForwardContractMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfShareCapitalDomain_249a3675-22ab-4091-a4a4-7a7447493b0d_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfShareCapitalDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of share capital [domain]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfShareCapitalDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfShareCapitalDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of share capital [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfShareCapitalDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfShareCapitalDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfShareCapitalDomain" xlink:to="lab_ifrs-full_ClassesOfShareCapitalDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DefinedBenefitPlansAndVariableContributionPlansMember_23276364-4007-49b9-9d32-4ff67bd1078d_terseLabel_en-US" xlink:label="lab_itub_DefinedBenefitPlansAndVariableContributionPlansMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">BD and CV plans</link:label>
    <link:label id="lab_itub_DefinedBenefitPlansAndVariableContributionPlansMember_label_en-US" xlink:label="lab_itub_DefinedBenefitPlansAndVariableContributionPlansMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plans And Variable Contribution Plans [Member]</link:label>
    <link:label id="lab_itub_DefinedBenefitPlansAndVariableContributionPlansMember_documentation_en-US" xlink:label="lab_itub_DefinedBenefitPlansAndVariableContributionPlansMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Defined Benefit Plans And Variable Contribution Plans [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DefinedBenefitPlansAndVariableContributionPlansMember" xlink:href="itub-20251231.xsd#itub_DefinedBenefitPlansAndVariableContributionPlansMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DefinedBenefitPlansAndVariableContributionPlansMember" xlink:to="lab_itub_DefinedBenefitPlansAndVariableContributionPlansMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TwoThousandAndThirtyOneMember_274658be-51a8-430e-861e-3f4e4d51d54d_terseLabel_en-US" xlink:label="lab_itub_TwoThousandAndThirtyOneMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2031</link:label>
    <link:label id="lab_itub_TwoThousandAndThirtyOneMember_label_en-US" xlink:label="lab_itub_TwoThousandAndThirtyOneMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Two Thousand And Thirty One [Member]</link:label>
    <link:label id="lab_itub_TwoThousandAndThirtyOneMember_documentation_en-US" xlink:label="lab_itub_TwoThousandAndThirtyOneMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Two Thousand And Thirty One [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TwoThousandAndThirtyOneMember" xlink:href="itub-20251231.xsd#itub_TwoThousandAndThirtyOneMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TwoThousandAndThirtyOneMember" xlink:to="lab_itub_TwoThousandAndThirtyOneMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_ContactPersonnelEmailAddress_166980ed-fdb3-4163-bc8a-403429e7e4c1_terseLabel_en-US" xlink:label="lab_dei_ContactPersonnelEmailAddress" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contact Personnel Email Address</link:label>
    <link:label id="lab_dei_ContactPersonnelEmailAddress_label_en-US" xlink:label="lab_dei_ContactPersonnelEmailAddress" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contact Personnel Email Address</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_ContactPersonnelEmailAddress" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_ContactPersonnelEmailAddress"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_ContactPersonnelEmailAddress" xlink:to="lab_dei_ContactPersonnelEmailAddress" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfFinancialLiabilitiesAxis_c5de2145-ca2a-4300-ab21-65b57556fcea_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of financial liabilities [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfFinancialLiabilitiesAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of financial liabilities [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfFinancialLiabilitiesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:to="lab_ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfFinancialLiabilitiesDomain_9615a8ef-3691-4346-ad30-45e4ac33a457_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of financial liabilities [domain]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfFinancialLiabilitiesDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of financial liabilities [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfFinancialLiabilitiesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfFinancialLiabilitiesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfFinancialLiabilitiesDomain" xlink:to="lab_ifrs-full_ClassesOfFinancialLiabilitiesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PlanAssetsMember_3d1aff13-7375-482e-848c-bfc1d65bc321_terseLabel_en-US" xlink:label="lab_ifrs-full_PlanAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net asset</link:label>
    <link:label id="lab_ifrs-full_PlanAssetsMember_label_en-US" xlink:label="lab_ifrs-full_PlanAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Plan assets [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PlanAssetsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PlanAssetsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PlanAssetsMember" xlink:to="lab_ifrs-full_PlanAssetsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentDepositsFromCustomers_363f2242-c5d9-48c3-ba13-1aa5f2c84d83_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentDepositsFromCustomers" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-current</link:label>
    <link:label id="lab_ifrs-full_NoncurrentDepositsFromCustomers_label_en-US" xlink:label="lab_ifrs-full_NoncurrentDepositsFromCustomers" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current deposits from customers</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentDepositsFromCustomers" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentDepositsFromCustomers"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentDepositsFromCustomers" xlink:to="lab_ifrs-full_NoncurrentDepositsFromCustomers" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ContractualServiceMarginMember_6285e318-9688-466f-af7a-15ccf55c9d1f_terseLabel_en-US" xlink:label="lab_ifrs-full_ContractualServiceMarginMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contractual service margin</link:label>
    <link:label id="lab_ifrs-full_ContractualServiceMarginMember_label_en-US" xlink:label="lab_ifrs-full_ContractualServiceMarginMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contractual service margin [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ContractualServiceMarginMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ContractualServiceMarginMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ContractualServiceMarginMember" xlink:to="lab_ifrs-full_ContractualServiceMarginMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfInterbankMarketDebtTableTextBlock_1d1faa59-eaeb-442b-96d2-b22b15fbde2a_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfInterbankMarketDebtTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Interbank Market Debt</link:label>
    <link:label id="lab_itub_ScheduleOfInterbankMarketDebtTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfInterbankMarketDebtTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Interbank Market Debt [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfInterbankMarketDebtTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfInterbankMarketDebtTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Interbank Market Debt</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfInterbankMarketDebtTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfInterbankMarketDebtTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfInterbankMarketDebtTableTextBlock" xlink:to="lab_itub_ScheduleOfInterbankMarketDebtTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InstallationsAndFurnitureMember_a8e1b799-06a3-4882-99e6-a7b2c2fa1110_terseLabel_en-US" xlink:label="lab_itub_InstallationsAndFurnitureMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Installations and furniture</link:label>
    <link:label id="lab_itub_InstallationsAndFurnitureMember_label_en-US" xlink:label="lab_itub_InstallationsAndFurnitureMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Installations And Furniture [Member]</link:label>
    <link:label id="lab_itub_InstallationsAndFurnitureMember_documentation_en-US" xlink:label="lab_itub_InstallationsAndFurnitureMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Installations And Furniture [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InstallationsAndFurnitureMember" xlink:href="itub-20251231.xsd#itub_InstallationsAndFurnitureMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InstallationsAndFurnitureMember" xlink:to="lab_itub_InstallationsAndFurnitureMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ISSMember_a5567251-de3b-4460-97d0-38c43ead0b87_terseLabel_en-US" xlink:label="lab_itub_ISSMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">ISS</link:label>
    <link:label id="lab_itub_ISSMember_label_en-US" xlink:label="lab_itub_ISSMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">I S S [Member]</link:label>
    <link:label id="lab_itub_ISSMember_documentation_en-US" xlink:label="lab_itub_ISSMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">I S S [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ISSMember" xlink:href="itub-20251231.xsd#itub_ISSMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ISSMember" xlink:to="lab_itub_ISSMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_After1Year_a2cc6b6a-6a70-4bb0-86c9-71caa650156c_terseLabel_en-US" xlink:label="lab_itub_After1Year" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">After 1 year</link:label>
    <link:label id="lab_itub_After1Year_label_en-US" xlink:label="lab_itub_After1Year" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">After 1 Year</link:label>
    <link:label id="lab_itub_After1Year_documentation_en-US" xlink:label="lab_itub_After1Year" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">After 1 Year</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_After1Year" xlink:href="itub-20251231.xsd#itub_After1Year"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_After1Year" xlink:to="lab_itub_After1Year" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LargestDebtorMember_096e0db0-d369-4d2c-9c37-81067827e331_terseLabel_en-US" xlink:label="lab_itub_LargestDebtorMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Largest debtor</link:label>
    <link:label id="lab_itub_LargestDebtorMember_label_en-US" xlink:label="lab_itub_LargestDebtorMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Largest Debtor [Member]</link:label>
    <link:label id="lab_itub_LargestDebtorMember_documentation_en-US" xlink:label="lab_itub_LargestDebtorMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Largest Debtor [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LargestDebtorMember" xlink:href="itub-20251231.xsd#itub_LargestDebtorMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LargestDebtorMember" xlink:to="lab_itub_LargestDebtorMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember_64b9abac-ae3a-4f67-b002-6b85eb363a1c_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial assets at fair value through profit or loss, classified as held for trading, category</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember_label_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets at fair value through profit or loss, classified as held for trading, category [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember" xlink:to="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialLiabilityAtFairValueThroughProfitOrLossMember_751351ce-6d84-4ff5-b7bc-f12052696c0a_terseLabel_en-US" xlink:label="lab_itub_FinancialLiabilityAtFairValueThroughProfitOrLossMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial liabilities at fair value through profit or loss</link:label>
    <link:label id="lab_itub_FinancialLiabilityAtFairValueThroughProfitOrLossMember_label_en-US" xlink:label="lab_itub_FinancialLiabilityAtFairValueThroughProfitOrLossMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Liability At Fair Value Through Profit Or Loss [Member]</link:label>
    <link:label id="lab_itub_FinancialLiabilityAtFairValueThroughProfitOrLossMember_documentation_en-US" xlink:label="lab_itub_FinancialLiabilityAtFairValueThroughProfitOrLossMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial Liability At Fair Value Through Profit Or Loss [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialLiabilityAtFairValueThroughProfitOrLossMember" xlink:href="itub-20251231.xsd#itub_FinancialLiabilityAtFairValueThroughProfitOrLossMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialLiabilityAtFairValueThroughProfitOrLossMember" xlink:to="lab_itub_FinancialLiabilityAtFairValueThroughProfitOrLossMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfOtherEquityInstrumentsExplanatory_ec63744e-9299-4829-83d6-2285fea60378_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfOtherEquityInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Changes in Share-Based Compensation Plan</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfOtherEquityInstrumentsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfOtherEquityInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of number and weighted average exercise prices of other equity instruments [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfOtherEquityInstrumentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfOtherEquityInstrumentsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfOtherEquityInstrumentsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfOtherEquityInstrumentsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PurchasesFairValueMeasurementAssets_019d6a5c-371b-732b-b1ea-69ba2ad03273_totalLabel_en-US" xlink:label="lab_ifrs-full_PurchasesFairValueMeasurementAssets" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Purchases</link:label>
    <link:label id="lab_ifrs-full_PurchasesFairValueMeasurementAssets_label_en-US" xlink:label="lab_ifrs-full_PurchasesFairValueMeasurementAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchases, fair value measurement, assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PurchasesFairValueMeasurementAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PurchasesFairValueMeasurementAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PurchasesFairValueMeasurementAssets" xlink:to="lab_ifrs-full_PurchasesFairValueMeasurementAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfMaximumExposureOfOtherFinancialAssetsByTypeAndClassificationOfCreditRiskTableTextBlock_6a3b625c-fd5b-4fe6-bcf5-11d71612a32e_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfMaximumExposureOfOtherFinancialAssetsByTypeAndClassificationOfCreditRiskTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Maximum Exposure of Other Financial Assets by Type and Classification of Credit Risk</link:label>
    <link:label id="lab_itub_ScheduleOfMaximumExposureOfOtherFinancialAssetsByTypeAndClassificationOfCreditRiskTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfMaximumExposureOfOtherFinancialAssetsByTypeAndClassificationOfCreditRiskTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Maximum Exposure Of Other Financial Assets By Type And Classification Of Credit Risk [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfMaximumExposureOfOtherFinancialAssetsByTypeAndClassificationOfCreditRiskTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfMaximumExposureOfOtherFinancialAssetsByTypeAndClassificationOfCreditRiskTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Maximum Exposure Of Other Financial Assets By Type And Classification Of Credit Risk</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfMaximumExposureOfOtherFinancialAssetsByTypeAndClassificationOfCreditRiskTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfMaximumExposureOfOtherFinancialAssetsByTypeAndClassificationOfCreditRiskTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfMaximumExposureOfOtherFinancialAssetsByTypeAndClassificationOfCreditRiskTableTextBlock" xlink:to="lab_itub_ScheduleOfMaximumExposureOfOtherFinancialAssetsByTypeAndClassificationOfCreditRiskTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects_60b12973-7b39-42d9-879f-ac0226aae19c_terseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net income available to preferred equity owners considering preferred shares after the dilution effect</link:label>
    <link:label id="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects_label_en-US" xlink:label="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit (loss), attributable to ordinary equity holders of parent entity, used in calculating diluted earnings per share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" xlink:to="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ClosingBalance_261f9b2a-7358-44cb-ab3c-87b8605ba801_terseLabel_en-US" xlink:label="lab_itub_ClosingBalance" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Closing balance</link:label>
    <link:label id="lab_itub_ClosingBalance_label_en-US" xlink:label="lab_itub_ClosingBalance" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Closing Balance</link:label>
    <link:label id="lab_itub_ClosingBalance_documentation_en-US" xlink:label="lab_itub_ClosingBalance" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Closing Balance</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ClosingBalance" xlink:href="itub-20251231.xsd#itub_ClosingBalance"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ClosingBalance" xlink:to="lab_itub_ClosingBalance" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_BuildingAndImprovementsMember_81721d3a-b59c-48a6-b2f4-d8a4812ebf93_terseLabel_en-US" xlink:label="lab_itub_BuildingAndImprovementsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Buildings and improvements</link:label>
    <link:label id="lab_itub_BuildingAndImprovementsMember_label_en-US" xlink:label="lab_itub_BuildingAndImprovementsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Building And Improvements [Member]</link:label>
    <link:label id="lab_itub_BuildingAndImprovementsMember_documentation_en-US" xlink:label="lab_itub_BuildingAndImprovementsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Building And Improvements [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_BuildingAndImprovementsMember" xlink:href="itub-20251231.xsd#itub_BuildingAndImprovementsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_BuildingAndImprovementsMember" xlink:to="lab_itub_BuildingAndImprovementsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IssuedCapital_51c10d6a-7850-4a4a-bacb-a44f72a94c53_terseLabel_en-US" xlink:label="lab_ifrs-full_IssuedCapital" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital</link:label>
    <link:label id="lab_ifrs-full_IssuedCapital_a93ce53c-b58f-4977-bbfb-9b026aedda96_verboseLabel_en-US" xlink:label="lab_ifrs-full_IssuedCapital" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Shares of capital stock</link:label>
    <link:label id="lab_ifrs-full_IssuedCapital_label_en-US" xlink:label="lab_ifrs-full_IssuedCapital" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Issued capital</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IssuedCapital" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IssuedCapital"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IssuedCapital" xlink:to="lab_ifrs-full_IssuedCapital" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities_0b442430-ccc0-4537-b31b-2ca5cbf8a73d_negatedLabel_en-US" xlink:label="lab_ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Related amounts not offset in the statement of Financial position, financial instruments</link:label>
    <link:label id="lab_ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities_label_en-US" xlink:label="lab_ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial instruments subject to enforceable master netting arrangement or similar agreement not set off against financial liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities" xlink:to="lab_ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_StructuredInvestmentsMember_5950aede-2753-480a-bba9-8b506bf8da25_terseLabel_en-US" xlink:label="lab_itub_StructuredInvestmentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Structured investments</link:label>
    <link:label id="lab_itub_StructuredInvestmentsMember_label_en-US" xlink:label="lab_itub_StructuredInvestmentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Structured Investments [Member]</link:label>
    <link:label id="lab_itub_StructuredInvestmentsMember_documentation_en-US" xlink:label="lab_itub_StructuredInvestmentsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Structured Investments [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_StructuredInvestmentsMember" xlink:href="itub-20251231.xsd#itub_StructuredInvestmentsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_StructuredInvestmentsMember" xlink:to="lab_itub_StructuredInvestmentsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherIntangibleAssetsMember_d2fb6cac-6b9b-4457-ae03-d69b4e1502db_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherIntangibleAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other intangible assets</link:label>
    <link:label id="lab_ifrs-full_OtherIntangibleAssetsMember_label_en-US" xlink:label="lab_ifrs-full_OtherIntangibleAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other intangible assets [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherIntangibleAssetsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherIntangibleAssetsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherIntangibleAssetsMember" xlink:to="lab_ifrs-full_OtherIntangibleAssetsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IndividualsConsolidatedStageMember_359af6fe-c41d-42b7-b89b-13da7f5cdb43_terseLabel_en-US" xlink:label="lab_itub_IndividualsConsolidatedStageMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Individuals</link:label>
    <link:label id="lab_itub_IndividualsConsolidatedStageMember_label_en-US" xlink:label="lab_itub_IndividualsConsolidatedStageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Individuals Consolidated Stage [Member]</link:label>
    <link:label id="lab_itub_IndividualsConsolidatedStageMember_documentation_en-US" xlink:label="lab_itub_IndividualsConsolidatedStageMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Individuals Consolidated Stage [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IndividualsConsolidatedStageMember" xlink:href="itub-20251231.xsd#itub_IndividualsConsolidatedStageMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IndividualsConsolidatedStageMember" xlink:to="lab_itub_IndividualsConsolidatedStageMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IncomeFinancialMember_c5462a0b-693d-459b-ba7b-a9727f175537_terseLabel_en-US" xlink:label="lab_itub_IncomeFinancialMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income Financial</link:label>
    <link:label id="lab_itub_IncomeFinancialMember_label_en-US" xlink:label="lab_itub_IncomeFinancialMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Financial [Member]</link:label>
    <link:label id="lab_itub_IncomeFinancialMember_documentation_en-US" xlink:label="lab_itub_IncomeFinancialMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Income Financial [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IncomeFinancialMember" xlink:href="itub-20251231.xsd#itub_IncomeFinancialMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IncomeFinancialMember" xlink:to="lab_itub_IncomeFinancialMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CategoriesOfFinancialAssetsAxis_591e72f5-4475-4767-8985-d722b511fb13_terseLabel_en-US" xlink:label="lab_ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Categories of financial assets [axis]</link:label>
    <link:label id="lab_ifrs-full_CategoriesOfFinancialAssetsAxis_label_en-US" xlink:label="lab_ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Categories of financial assets [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CategoriesOfFinancialAssetsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:to="lab_ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_HedgeAccountingAbstract_5e795184-95e5-4a26-9c16-d9e6af5cda90_terseLabel_en-US" xlink:label="lab_itub_HedgeAccountingAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hedge Accounting</link:label>
    <link:label id="lab_itub_HedgeAccountingAbstract_label_en-US" xlink:label="lab_itub_HedgeAccountingAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedge Accounting [Abstract]</link:label>
    <link:label id="lab_itub_HedgeAccountingAbstract_documentation_en-US" xlink:label="lab_itub_HedgeAccountingAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Hedge Accounting</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_HedgeAccountingAbstract" xlink:href="itub-20251231.xsd#itub_HedgeAccountingAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_HedgeAccountingAbstract" xlink:to="lab_itub_HedgeAccountingAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AcquisitionAndSettlementOfAllowanceAccountForCreditLossesOfFinancialAssets_d1f06eba-6709-4fc7-b482-3d071c17aa15_negatedLabel_en-US" xlink:label="lab_itub_AcquisitionAndSettlementOfAllowanceAccountForCreditLossesOfFinancialAssets" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Write-off</link:label>
    <link:label id="lab_itub_AcquisitionAndSettlementOfAllowanceAccountForCreditLossesOfFinancialAssets_label_en-US" xlink:label="lab_itub_AcquisitionAndSettlementOfAllowanceAccountForCreditLossesOfFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Acquisition And Settlement Of Allowance Account For Credit Losses Of Financial Assets</link:label>
    <link:label id="lab_itub_AcquisitionAndSettlementOfAllowanceAccountForCreditLossesOfFinancialAssets_documentation_en-US" xlink:label="lab_itub_AcquisitionAndSettlementOfAllowanceAccountForCreditLossesOfFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Acquisition And Settlement Of Allowance Account For Credit Losses Of Financial Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AcquisitionAndSettlementOfAllowanceAccountForCreditLossesOfFinancialAssets" xlink:href="itub-20251231.xsd#itub_AcquisitionAndSettlementOfAllowanceAccountForCreditLossesOfFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AcquisitionAndSettlementOfAllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="lab_itub_AcquisitionAndSettlementOfAllowanceAccountForCreditLossesOfFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForFeeAndCommissionIncomeAndExpenseExplanatory_bf6c608c-cd15-4097-a6de-958e3b5f3a2d_verboseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForFeeAndCommissionIncomeAndExpenseExplanatory" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Commissions and banking fees</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForFeeAndCommissionIncomeAndExpenseExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForFeeAndCommissionIncomeAndExpenseExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for fee and commission income and expense [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForFeeAndCommissionIncomeAndExpenseExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForFeeAndCommissionIncomeAndExpenseExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForFeeAndCommissionIncomeAndExpenseExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForFeeAndCommissionIncomeAndExpenseExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NumberOfSharesOutstanding_a5bf13bd-7421-4971-b516-9f726b7f2d16_terseLabel_en-US" xlink:label="lab_ifrs-full_NumberOfSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of shares outstanding (in shares)</link:label>
    <link:label id="lab_ifrs-full_NumberOfSharesOutstanding_label_en-US" xlink:label="lab_ifrs-full_NumberOfSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of shares outstanding</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NumberOfSharesOutstanding" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfSharesOutstanding"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfSharesOutstanding" xlink:to="lab_ifrs-full_NumberOfSharesOutstanding" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_GoodwillAndIntangibleAssetsFromAcquisitionMember_d0cc9d7b-23c9-422f-87bd-790dad8a3cc9_terseLabel_en-US" xlink:label="lab_itub_GoodwillAndIntangibleAssetsFromAcquisitionMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Goodwill and intangible from incorporation</link:label>
    <link:label id="lab_itub_GoodwillAndIntangibleAssetsFromAcquisitionMember_label_en-US" xlink:label="lab_itub_GoodwillAndIntangibleAssetsFromAcquisitionMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill And Intangible Assets From Acquisition [Member]</link:label>
    <link:label id="lab_itub_GoodwillAndIntangibleAssetsFromAcquisitionMember_documentation_en-US" xlink:label="lab_itub_GoodwillAndIntangibleAssetsFromAcquisitionMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Goodwill And Intangible Assets From Acquisition [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_GoodwillAndIntangibleAssetsFromAcquisitionMember" xlink:href="itub-20251231.xsd#itub_GoodwillAndIntangibleAssetsFromAcquisitionMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_GoodwillAndIntangibleAssetsFromAcquisitionMember" xlink:to="lab_itub_GoodwillAndIntangibleAssetsFromAcquisitionMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialLiabilities_8363db77-0a67-4ff3-a7fb-97c0725522f2_totalLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Financial Liabilities</link:label>
    <link:label id="lab_ifrs-full_FinancialLiabilities_5abcab7b-e5fe-405e-ad38-398b8787a0a4_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities</link:label>
    <link:label id="lab_ifrs-full_FinancialLiabilities_019dcd78-9ba8-7239-a9f2-195d0874e783_negatedLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Financial liabilities</link:label>
    <link:label id="lab_ifrs-full_FinancialLiabilities_8d4b43a0-cb81-4002-9fbc-45cc93401a88_verboseLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Financial liabilities</link:label>
    <link:label id="lab_ifrs-full_FinancialLiabilities_label_en-US" xlink:label="lab_ifrs-full_FinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialLiabilities" xlink:to="lab_ifrs-full_FinancialLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OneHundredAndTwoPercenatgeOfCdiMember_2dc889ab-84e5-4693-83e9-b60a8c255d5d_terseLabel_en-US" xlink:label="lab_itub_OneHundredAndTwoPercenatgeOfCdiMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">102% of CDI</link:label>
    <link:label id="lab_itub_OneHundredAndTwoPercenatgeOfCdiMember_label_en-US" xlink:label="lab_itub_OneHundredAndTwoPercenatgeOfCdiMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">One Hundred And Two Percenatge Of Cdi [Member]</link:label>
    <link:label id="lab_itub_OneHundredAndTwoPercenatgeOfCdiMember_documentation_en-US" xlink:label="lab_itub_OneHundredAndTwoPercenatgeOfCdiMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">One Hundred And Two Percenatge Of Cdi [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OneHundredAndTwoPercenatgeOfCdiMember" xlink:href="itub-20251231.xsd#itub_OneHundredAndTwoPercenatgeOfCdiMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OneHundredAndTwoPercenatgeOfCdiMember" xlink:to="lab_itub_OneHundredAndTwoPercenatgeOfCdiMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_Income_5eb3eeb9-0f93-49b8-ba40-124382c037bb_terseLabel_en-US" xlink:label="lab_itub_Income" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">lncome</link:label>
    <link:label id="lab_itub_Income_label_en-US" xlink:label="lab_itub_Income" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">lncome</link:label>
    <link:label id="lab_itub_Income_documentation_en-US" xlink:label="lab_itub_Income" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">lncome</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_Income" xlink:href="itub-20251231.xsd#itub_Income"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_Income" xlink:to="lab_itub_Income" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeTaxExpenseContinuingOperations_b6c0022c-103a-4e3d-aa51-8be1a0df638b_verboseLabel_en-US" xlink:label="lab_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Income tax and social contribution</link:label>
    <link:label id="lab_ifrs-full_IncomeTaxExpenseContinuingOperations_label_en-US" xlink:label="lab_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax expense (income)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeTaxExpenseContinuingOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:to="lab_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherPropertyPlantAndEquipmentMember_87deaf21-1203-4ef1-a722-7895db28a6d1_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherPropertyPlantAndEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_ifrs-full_OtherPropertyPlantAndEquipmentMember_label_en-US" xlink:label="lab_ifrs-full_OtherPropertyPlantAndEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other property, plant and equipment [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherPropertyPlantAndEquipmentMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherPropertyPlantAndEquipmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherPropertyPlantAndEquipmentMember" xlink:to="lab_ifrs-full_OtherPropertyPlantAndEquipmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherComprehensiveIncomeBeforeTaxAvailableforsaleFinancialAsset_cafe7473-30b8-45d4-bec2-ab76a0f459b0_terseLabel_en-US" xlink:label="lab_itub_OtherComprehensiveIncomeBeforeTaxAvailableforsaleFinancialAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in fair value</link:label>
    <link:label id="lab_itub_OtherComprehensiveIncomeBeforeTaxAvailableforsaleFinancialAsset_label_en-US" xlink:label="lab_itub_OtherComprehensiveIncomeBeforeTaxAvailableforsaleFinancialAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Change in fair value</link:label>
    <link:label id="lab_itub_OtherComprehensiveIncomeBeforeTaxAvailableforsaleFinancialAsset_documentation_en-US" xlink:label="lab_itub_OtherComprehensiveIncomeBeforeTaxAvailableforsaleFinancialAsset" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Change in fair value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherComprehensiveIncomeBeforeTaxAvailableforsaleFinancialAsset" xlink:href="itub-20251231.xsd#itub_OtherComprehensiveIncomeBeforeTaxAvailableforsaleFinancialAsset"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherComprehensiveIncomeBeforeTaxAvailableforsaleFinancialAsset" xlink:to="lab_itub_OtherComprehensiveIncomeBeforeTaxAvailableforsaleFinancialAsset" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TwelvemonthExpectedCreditLossesMember_019d55b8-0a20-7a74-be85-822db9afa96e_terseLabel_en-US" xlink:label="lab_ifrs-full_TwelvemonthExpectedCreditLossesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stage 1</link:label>
    <link:label id="lab_ifrs-full_TwelvemonthExpectedCreditLossesMember_label_en-US" xlink:label="lab_ifrs-full_TwelvemonthExpectedCreditLossesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">12-month expected credit losses [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TwelvemonthExpectedCreditLossesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TwelvemonthExpectedCreditLossesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TwelvemonthExpectedCreditLossesMember" xlink:to="lab_ifrs-full_TwelvemonthExpectedCreditLossesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentTransitionReport_5b405d20-8c03-4452-b6da-7c212ec36140_terseLabel_en-US" xlink:label="lab_dei_DocumentTransitionReport" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Transition Report</link:label>
    <link:label id="lab_dei_DocumentTransitionReport_label_en-US" xlink:label="lab_dei_DocumentTransitionReport" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Transition Report</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentTransitionReport" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentTransitionReport"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentTransitionReport" xlink:to="lab_dei_DocumentTransitionReport" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory_5e529d72-7e00-41f2-80d9-3e8245706e5f_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Provisions, contingent assets and contingent liabilities</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of other provisions, contingent liabilities and contingent assets [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems_bb0dca94-8cad-4191-a0e5-ef404129b840_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of defined benefit plans [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of defined benefit plans [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:to="lab_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherAssetsAndLiabilitiesAbstract_567e170d-73a8-4d8e-ae0e-6d89ecc65883_terseLabel_en-US" xlink:label="lab_itub_OtherAssetsAndLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Assets And Liabilities</link:label>
    <link:label id="lab_itub_OtherAssetsAndLiabilitiesAbstract_label_en-US" xlink:label="lab_itub_OtherAssetsAndLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Assets And Liabilities [Abstract]</link:label>
    <link:label id="lab_itub_OtherAssetsAndLiabilitiesAbstract_documentation_en-US" xlink:label="lab_itub_OtherAssetsAndLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Assets And Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherAssetsAndLiabilitiesAbstract" xlink:href="itub-20251231.xsd#itub_OtherAssetsAndLiabilitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherAssetsAndLiabilitiesAbstract" xlink:to="lab_itub_OtherAssetsAndLiabilitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems_89aad6fb-3396-4d73-80be-b80f293869c1_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of classes of share capital [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of classes of share capital [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:to="lab_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TwoThousandAndThirtyEightMember_a3edf0b5-c8da-4910-bea8-6c57aa6c0202_terseLabel_en-US" xlink:label="lab_itub_TwoThousandAndThirtyEightMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2038</link:label>
    <link:label id="lab_itub_TwoThousandAndThirtyEightMember_label_en-US" xlink:label="lab_itub_TwoThousandAndThirtyEightMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Two Thousand And Thirty Eight [Member]</link:label>
    <link:label id="lab_itub_TwoThousandAndThirtyEightMember_documentation_en-US" xlink:label="lab_itub_TwoThousandAndThirtyEightMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Two Thousand And Thirty Eight [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TwoThousandAndThirtyEightMember" xlink:href="itub-20251231.xsd#itub_TwoThousandAndThirtyEightMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TwoThousandAndThirtyEightMember" xlink:to="lab_itub_TwoThousandAndThirtyEightMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_MaturityAxis_37af9bf2-030e-4c53-a5d3-0fe9aa1e2a60_terseLabel_en-US" xlink:label="lab_ifrs-full_MaturityAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maturity [axis]</link:label>
    <link:label id="lab_ifrs-full_MaturityAxis_label_en-US" xlink:label="lab_ifrs-full_MaturityAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maturity [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MaturityAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MaturityAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MaturityAxis" xlink:to="lab_ifrs-full_MaturityAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss_cb5ba668-7024-43b5-86d6-cbcf15d17b21_negatedLabel_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Tax effect</link:label>
    <link:label id="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss_label_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income tax relating to components of other comprehensive income that will be reclassified to profit or loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:to="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DdiFuturesContractsMember_85d3d1c2-b52a-4a57-af82-731a9e6e3fa5_terseLabel_en-US" xlink:label="lab_itub_DdiFuturesContractsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Future</link:label>
    <link:label id="lab_itub_DdiFuturesContractsMember_label_en-US" xlink:label="lab_itub_DdiFuturesContractsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ddi Futures Contracts [Member]</link:label>
    <link:label id="lab_itub_DdiFuturesContractsMember_documentation_en-US" xlink:label="lab_itub_DdiFuturesContractsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Ddi Futures Contracts [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DdiFuturesContractsMember" xlink:href="itub-20251231.xsd#itub_DdiFuturesContractsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DdiFuturesContractsMember" xlink:to="lab_itub_DdiFuturesContractsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TotalRiskWeightedAssetsRWA_d6333428-d177-452f-9df0-86de4d42a16e_terseLabel_en-US" xlink:label="lab_itub_TotalRiskWeightedAssetsRWA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Risk-weighted assets (amounts)</link:label>
    <link:label id="lab_itub_TotalRiskWeightedAssetsRWA_86008d99-ccf7-4821-98e6-46d262603414_verboseLabel_en-US" xlink:label="lab_itub_TotalRiskWeightedAssetsRWA" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Risk weighted assets</link:label>
    <link:label id="lab_itub_TotalRiskWeightedAssetsRWA_label_en-US" xlink:label="lab_itub_TotalRiskWeightedAssetsRWA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Risk-Weighted Assets (RWA)</link:label>
    <link:label id="lab_itub_TotalRiskWeightedAssetsRWA_documentation_en-US" xlink:label="lab_itub_TotalRiskWeightedAssetsRWA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total Risk-Weighted Assets (RWA)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TotalRiskWeightedAssetsRWA" xlink:href="itub-20251231.xsd#itub_TotalRiskWeightedAssetsRWA"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TotalRiskWeightedAssetsRWA" xlink:to="lab_itub_TotalRiskWeightedAssetsRWA" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinanceExpenseOnNetInvestmentInFinanceLease_019dbe95-fcc6-7e2c-a10e-583217cf4aad_terseLabel_en-US" xlink:label="lab_itub_FinanceExpenseOnNetInvestmentInFinanceLease" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Finance Expense On Net Investment In Finance Lease</link:label>
    <link:label id="lab_itub_FinanceExpenseOnNetInvestmentInFinanceLease_label_en-US" xlink:label="lab_itub_FinanceExpenseOnNetInvestmentInFinanceLease" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finance Expense On Net Investment In Finance Lease</link:label>
    <link:label id="lab_itub_FinanceExpenseOnNetInvestmentInFinanceLease_documentation_en-US" xlink:label="lab_itub_FinanceExpenseOnNetInvestmentInFinanceLease" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Finance Expense On Net Investment In Finance Lease</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinanceExpenseOnNetInvestmentInFinanceLease" xlink:href="itub-20251231.xsd#itub_FinanceExpenseOnNetInvestmentInFinanceLease"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinanceExpenseOnNetInvestmentInFinanceLease" xlink:to="lab_itub_FinanceExpenseOnNetInvestmentInFinanceLease" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TotalAsset_93ecf291-4f4a-4ed9-a547-4687286db66e_totalLabel_en-US" xlink:label="lab_itub_TotalAsset" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total assets</link:label>
    <link:label id="lab_itub_TotalAsset_label_en-US" xlink:label="lab_itub_TotalAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Asset</link:label>
    <link:label id="lab_itub_TotalAsset_documentation_en-US" xlink:label="lab_itub_TotalAsset" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total Asset</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TotalAsset" xlink:href="itub-20251231.xsd#itub_TotalAsset"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TotalAsset" xlink:to="lab_itub_TotalAsset" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PostEmploymentBenefitsMember_2b7163b4-5964-4fb7-a99a-509da959f56a_terseLabel_en-US" xlink:label="lab_itub_PostEmploymentBenefitsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Post-employment benefits</link:label>
    <link:label id="lab_itub_PostEmploymentBenefitsMember_label_en-US" xlink:label="lab_itub_PostEmploymentBenefitsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Post Employment Benefits [Member]</link:label>
    <link:label id="lab_itub_PostEmploymentBenefitsMember_documentation_en-US" xlink:label="lab_itub_PostEmploymentBenefitsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Post Employment Benefits [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PostEmploymentBenefitsMember" xlink:href="itub-20251231.xsd#itub_PostEmploymentBenefitsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PostEmploymentBenefitsMember" xlink:to="lab_itub_PostEmploymentBenefitsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainsLossesOnFinancialAssetsAtAmortisedCost_7091a943-51e4-48ac-b412-8d98039ab1dd_terseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnFinancialAssetsAtAmortisedCost" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value</link:label>
    <link:label id="lab_ifrs-full_GainsLossesOnFinancialAssetsAtAmortisedCost_label_en-US" xlink:label="lab_ifrs-full_GainsLossesOnFinancialAssetsAtAmortisedCost" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (losses) on financial assets at amortised cost</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesOnFinancialAssetsAtAmortisedCost" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesOnFinancialAssetsAtAmortisedCost"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesOnFinancialAssetsAtAmortisedCost" xlink:to="lab_ifrs-full_GainsLossesOnFinancialAssetsAtAmortisedCost" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentType_b2cda0c1-b02b-49dc-a83f-a576f202fb2b_terseLabel_en-US" xlink:label="lab_dei_DocumentType" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Type</link:label>
    <link:label id="lab_dei_DocumentType_label_en-US" xlink:label="lab_dei_DocumentType" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Type</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentType" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentType"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentType" xlink:to="lab_dei_DocumentType" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember_bf12c21d-aa37-4908-b5a2-973c4323ed55_terseLabel_en-US" xlink:label="lab_ifrs-full_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial assets at fair value through other comprehensive income</link:label>
    <link:label id="lab_ifrs-full_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember_label_en-US" xlink:label="lab_ifrs-full_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reserve of gains and losses on financial assets measured at fair value through other comprehensive income [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" xlink:to="lab_ifrs-full_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeStatementAbstract_500df35b-51e2-4537-88a8-85ac482dfaff_terseLabel_en-US" xlink:label="lab_ifrs-full_IncomeStatementAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Profit or loss [abstract]</link:label>
    <link:label id="lab_ifrs-full_IncomeStatementAbstract_label_en-US" xlink:label="lab_ifrs-full_IncomeStatementAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit or loss [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeStatementAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeStatementAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeStatementAbstract" xlink:to="lab_ifrs-full_IncomeStatementAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughTransfersFinancialAssets_019d55a8-014a-7b24-a743-698ebd5ac3d5_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTransfersFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase (decrease) through transfers, financial assets</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughTransfersFinancialAssets_019dac5f-6f9c-7471-a03c-7a0e97a43ee4_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTransfersFinancialAssets" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Increase (decrease) through transfers, financial assets</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughTransfersFinancialAssets_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTransfersFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through transfers, financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughTransfersFinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughTransfersFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughTransfersFinancialAssets" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughTransfersFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LoanOperationsAndLeaseOperationsByConcentration_049d4f08-9f71-4661-96ac-0fdeb0c9b64d_terseLabel_en-US" xlink:label="lab_itub_LoanOperationsAndLeaseOperationsByConcentration" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">By concentration</link:label>
    <link:label id="lab_itub_LoanOperationsAndLeaseOperationsByConcentration_label_en-US" xlink:label="lab_itub_LoanOperationsAndLeaseOperationsByConcentration" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loan Operations And Lease Operations By Concentration</link:label>
    <link:label id="lab_itub_LoanOperationsAndLeaseOperationsByConcentration_documentation_en-US" xlink:label="lab_itub_LoanOperationsAndLeaseOperationsByConcentration" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loan Operations And Lease Operations By Concentration</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LoanOperationsAndLeaseOperationsByConcentration" xlink:href="itub-20251231.xsd#itub_LoanOperationsAndLeaseOperationsByConcentration"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LoanOperationsAndLeaseOperationsByConcentration" xlink:to="lab_itub_LoanOperationsAndLeaseOperationsByConcentration" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_HedgeOfNetInvestmentsInForeignOperationMember_019c8aaf-51eb-713f-932c-fbb8393e2be5_terseLabel_en-US" xlink:label="lab_itub_HedgeOfNetInvestmentsInForeignOperationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hedge of net investment in foreign operations</link:label>
    <link:label id="lab_itub_HedgeOfNetInvestmentsInForeignOperationMember_label_en-US" xlink:label="lab_itub_HedgeOfNetInvestmentsInForeignOperationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedge of net investments in foreign operation [Member]</link:label>
    <link:label id="lab_itub_HedgeOfNetInvestmentsInForeignOperationMember_documentation_en-US" xlink:label="lab_itub_HedgeOfNetInvestmentsInForeignOperationMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Hedge of net investments in foreign operation</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_HedgeOfNetInvestmentsInForeignOperationMember" xlink:href="itub-20251231.xsd#itub_HedgeOfNetInvestmentsInForeignOperationMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_HedgeOfNetInvestmentsInForeignOperationMember" xlink:to="lab_itub_HedgeOfNetInvestmentsInForeignOperationMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RelatedPartyTransactionsExpense_019d79b1-2b85-7932-9816-f62a6399659d_negatedTerseLabel_en-US" xlink:label="lab_itub_RelatedPartyTransactionsExpense" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Expense</link:label>
    <link:label id="lab_itub_RelatedPartyTransactionsExpense_label_en-US" xlink:label="lab_itub_RelatedPartyTransactionsExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expense</link:label>
    <link:label id="lab_itub_RelatedPartyTransactionsExpense_documentation_en-US" xlink:label="lab_itub_RelatedPartyTransactionsExpense" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RelatedPartyTransactionsExpense" xlink:href="itub-20251231.xsd#itub_RelatedPartyTransactionsExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RelatedPartyTransactionsExpense" xlink:to="lab_itub_RelatedPartyTransactionsExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentProvisions_a87580fa-7570-4a0d-9b0f-ce2241daff51_verboseLabel_en-US" xlink:label="lab_ifrs-full_CurrentProvisions" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Current</link:label>
    <link:label id="lab_ifrs-full_CurrentProvisions_a6f6b727-0998-4d2d-8037-f83afbd031e2_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentProvisions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current</link:label>
    <link:label id="lab_ifrs-full_CurrentProvisions_label_en-US" xlink:label="lab_ifrs-full_CurrentProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current provisions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentProvisions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentProvisions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentProvisions" xlink:to="lab_ifrs-full_CurrentProvisions" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypesOfSharebasedPaymentArrangementsDomain_94125a1f-1837-41b8-aa63-bdc80674a17a_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfSharebasedPaymentArrangementsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types of share-based payment arrangements [domain]</link:label>
    <link:label id="lab_ifrs-full_TypesOfSharebasedPaymentArrangementsDomain_label_en-US" xlink:label="lab_ifrs-full_TypesOfSharebasedPaymentArrangementsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Types of share-based payment arrangements [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfSharebasedPaymentArrangementsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfSharebasedPaymentArrangementsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfSharebasedPaymentArrangementsDomain" xlink:to="lab_ifrs-full_TypesOfSharebasedPaymentArrangementsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ItemsOfContingentLiabilitiesAxis_6fa44d43-6653-41a4-802f-25a1a1296c96_terseLabel_en-US" xlink:label="lab_ifrs-full_ItemsOfContingentLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Items of contingent liabilities [axis]</link:label>
    <link:label id="lab_ifrs-full_ItemsOfContingentLiabilitiesAxis_label_en-US" xlink:label="lab_ifrs-full_ItemsOfContingentLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Items of contingent liabilities [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ItemsOfContingentLiabilitiesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ItemsOfContingentLiabilitiesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ItemsOfContingentLiabilitiesAxis" xlink:to="lab_ifrs-full_ItemsOfContingentLiabilitiesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EquityAttributableToOwnersOfParent_e88e2304-b89c-4291-b654-49805ba99ce0_totalLabel_en-US" xlink:label="lab_ifrs-full_EquityAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total stockholders&#8217; equity attributed to the owners of the parent company</link:label>
    <link:label id="lab_ifrs-full_EquityAttributableToOwnersOfParent_label_en-US" xlink:label="lab_ifrs-full_EquityAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity attributable to owners of parent</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EquityAttributableToOwnersOfParent" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EquityAttributableToOwnersOfParent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityAttributableToOwnersOfParent" xlink:to="lab_ifrs-full_EquityAttributableToOwnersOfParent" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ComponentsOfEquityAxis_4f4c675b-a173-452f-8217-f3cdad483735_terseLabel_en-US" xlink:label="lab_ifrs-full_ComponentsOfEquityAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Components of equity [axis]</link:label>
    <link:label id="lab_ifrs-full_ComponentsOfEquityAxis_label_en-US" xlink:label="lab_ifrs-full_ComponentsOfEquityAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Components of equity [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComponentsOfEquityAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComponentsOfEquityAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComponentsOfEquityAxis" xlink:to="lab_ifrs-full_ComponentsOfEquityAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CdiPlusOnePointEightyFivePercentageMember_03fa8257-7a8c-4c0e-a42c-7673e200c99c_terseLabel_en-US" xlink:label="lab_itub_CdiPlusOnePointEightyFivePercentageMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CDI + 1.85%</link:label>
    <link:label id="lab_itub_CdiPlusOnePointEightyFivePercentageMember_label_en-US" xlink:label="lab_itub_CdiPlusOnePointEightyFivePercentageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cdi Plus One Point Eighty Five Percentage [Member]</link:label>
    <link:label id="lab_itub_CdiPlusOnePointEightyFivePercentageMember_documentation_en-US" xlink:label="lab_itub_CdiPlusOnePointEightyFivePercentageMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cdi Plus Zero Point Seven Two Percentage [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CdiPlusOnePointEightyFivePercentageMember" xlink:href="itub-20251231.xsd#itub_CdiPlusOnePointEightyFivePercentageMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CdiPlusOnePointEightyFivePercentageMember" xlink:to="lab_itub_CdiPlusOnePointEightyFivePercentageMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfAssetsAndLiabilitiesWithSignificantRiskOfMaterialAdjustmentTable_17c4a8fb-39d9-448c-8598-b0b91d339138_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfAssetsAndLiabilitiesWithSignificantRiskOfMaterialAdjustmentTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of assets and liabilities with significant risk of material adjustment [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfAssetsAndLiabilitiesWithSignificantRiskOfMaterialAdjustmentTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfAssetsAndLiabilitiesWithSignificantRiskOfMaterialAdjustmentTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of assets and liabilities with significant risk of material adjustment [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfAssetsAndLiabilitiesWithSignificantRiskOfMaterialAdjustmentTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfAssetsAndLiabilitiesWithSignificantRiskOfMaterialAdjustmentTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfAssetsAndLiabilitiesWithSignificantRiskOfMaterialAdjustmentTable" xlink:to="lab_ifrs-full_DisclosureOfAssetsAndLiabilitiesWithSignificantRiskOfMaterialAdjustmentTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialLiabilitiesLineItems_d6c68ba7-dbe2-4032-8826-f784d442deaf_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of financial liabilities [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialLiabilitiesLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of financial liabilities [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialLiabilitiesLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialLiabilitiesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialLiabilitiesLineItems" xlink:to="lab_ifrs-full_DisclosureOfFinancialLiabilitiesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfInformationAboutCreditExposuresDesignatedAsMeasuredAtFairValueThroughProfitOrLossTable_ac1fbcc5-f572-439d-96d4-5273e9039c99_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfInformationAboutCreditExposuresDesignatedAsMeasuredAtFairValueThroughProfitOrLossTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of information about credit exposures designated as measured at fair value through profit or loss [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfInformationAboutCreditExposuresDesignatedAsMeasuredAtFairValueThroughProfitOrLossTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfInformationAboutCreditExposuresDesignatedAsMeasuredAtFairValueThroughProfitOrLossTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of information about credit exposures designated as measured at fair value through profit or loss [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfInformationAboutCreditExposuresDesignatedAsMeasuredAtFairValueThroughProfitOrLossTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfInformationAboutCreditExposuresDesignatedAsMeasuredAtFairValueThroughProfitOrLossTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInformationAboutCreditExposuresDesignatedAsMeasuredAtFairValueThroughProfitOrLossTable" xlink:to="lab_ifrs-full_DisclosureOfInformationAboutCreditExposuresDesignatedAsMeasuredAtFairValueThroughProfitOrLossTable" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialAssetsAtAmortizedCostSecuritiesAbstract_957c4f82-07ab-42e0-8fed-c8093eaddec2_terseLabel_en-US" xlink:label="lab_itub_FinancialAssetsAtAmortizedCostSecuritiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial Assets At Amortized Cost - Securities</link:label>
    <link:label id="lab_itub_FinancialAssetsAtAmortizedCostSecuritiesAbstract_label_en-US" xlink:label="lab_itub_FinancialAssetsAtAmortizedCostSecuritiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Assets At Amortized Cost - Securities [Abstract]</link:label>
    <link:label id="lab_itub_FinancialAssetsAtAmortizedCostSecuritiesAbstract_documentation_en-US" xlink:label="lab_itub_FinancialAssetsAtAmortizedCostSecuritiesAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial Assets At Amortized Cost - Securities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialAssetsAtAmortizedCostSecuritiesAbstract" xlink:href="itub-20251231.xsd#itub_FinancialAssetsAtAmortizedCostSecuritiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialAssetsAtAmortizedCostSecuritiesAbstract" xlink:to="lab_itub_FinancialAssetsAtAmortizedCostSecuritiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_AnnualInformationForm_5a3ebaaf-1fc8-4857-9770-ca3467678665_terseLabel_en-US" xlink:label="lab_dei_AnnualInformationForm" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Annual Information Form</link:label>
    <link:label id="lab_dei_AnnualInformationForm_label_en-US" xlink:label="lab_dei_AnnualInformationForm" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Annual Information Form</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AnnualInformationForm" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AnnualInformationForm"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AnnualInformationForm" xlink:to="lab_dei_AnnualInformationForm" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestOnCapitalOneMember_6567d9d3-2ab1-4645-89a0-cb3acd4cfbfd_terseLabel_en-US" xlink:label="lab_itub_InterestOnCapitalOneMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest On Capital One</link:label>
    <link:label id="lab_itub_InterestOnCapitalOneMember_label_en-US" xlink:label="lab_itub_InterestOnCapitalOneMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest On Capital One [Member]</link:label>
    <link:label id="lab_itub_InterestOnCapitalOneMember_documentation_en-US" xlink:label="lab_itub_InterestOnCapitalOneMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest On Capital One [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestOnCapitalOneMember" xlink:href="itub-20251231.xsd#itub_InterestOnCapitalOneMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestOnCapitalOneMember" xlink:to="lab_itub_InterestOnCapitalOneMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherDerivativesFinancialInstrumentsMember_d22bc22b-1f30-4199-b4f1-24e596ac55a2_terseLabel_en-US" xlink:label="lab_itub_OtherDerivativesFinancialInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_itub_OtherDerivativesFinancialInstrumentsMember_label_en-US" xlink:label="lab_itub_OtherDerivativesFinancialInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Derivatives Financial Instruments [Member]</link:label>
    <link:label id="lab_itub_OtherDerivativesFinancialInstrumentsMember_documentation_en-US" xlink:label="lab_itub_OtherDerivativesFinancialInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Derivatives Financial Instruments [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherDerivativesFinancialInstrumentsMember" xlink:href="itub-20251231.xsd#itub_OtherDerivativesFinancialInstrumentsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherDerivativesFinancialInstrumentsMember" xlink:to="lab_itub_OtherDerivativesFinancialInstrumentsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CategoriesOfRelatedPartiesDomain_b3e52e50-e2ef-4bd8-8b1f-79242b5c0b1d_terseLabel_en-US" xlink:label="lab_ifrs-full_CategoriesOfRelatedPartiesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Categories of related parties [domain]</link:label>
    <link:label id="lab_ifrs-full_CategoriesOfRelatedPartiesDomain_label_en-US" xlink:label="lab_ifrs-full_CategoriesOfRelatedPartiesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Categories of related parties [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CategoriesOfRelatedPartiesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CategoriesOfRelatedPartiesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CategoriesOfRelatedPartiesDomain" xlink:to="lab_ifrs-full_CategoriesOfRelatedPartiesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeTaxRelatingToInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss_87b2a600-82cf-443b-ad32-c1b91ab807d1_negatedLabel_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Tax effect</link:label>
    <link:label id="lab_ifrs-full_IncomeTaxRelatingToInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss_label_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income tax relating to insurance finance income (expenses) from insurance contracts issued included in other comprehensive income that will be reclassified to profit or loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeTaxRelatingToInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeTaxRelatingToInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxRelatingToInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:to="lab_ifrs-full_IncomeTaxRelatingToInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AdjustmentToFairValueOfFinancialAssetsAtFairValueThroughProfitOrLossMember_74405c7e-f085-452a-8daa-73c1f91f30d9_terseLabel_en-US" xlink:label="lab_itub_AdjustmentToFairValueOfFinancialAssetsAtFairValueThroughProfitOrLossMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjustment to fair value of financial assets - At fair value through profit or loss</link:label>
    <link:label id="lab_itub_AdjustmentToFairValueOfFinancialAssetsAtFairValueThroughProfitOrLossMember_label_en-US" xlink:label="lab_itub_AdjustmentToFairValueOfFinancialAssetsAtFairValueThroughProfitOrLossMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustment To Fair Value Of Financial Assets At Fair Value Through Profit Or Loss [Member]</link:label>
    <link:label id="lab_itub_AdjustmentToFairValueOfFinancialAssetsAtFairValueThroughProfitOrLossMember_documentation_en-US" xlink:label="lab_itub_AdjustmentToFairValueOfFinancialAssetsAtFairValueThroughProfitOrLossMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Adjustment To Fair Value Of Financial Assets At Fair Value Through Profit Or Loss [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AdjustmentToFairValueOfFinancialAssetsAtFairValueThroughProfitOrLossMember" xlink:href="itub-20251231.xsd#itub_AdjustmentToFairValueOfFinancialAssetsAtFairValueThroughProfitOrLossMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AdjustmentToFairValueOfFinancialAssetsAtFairValueThroughProfitOrLossMember" xlink:to="lab_itub_AdjustmentToFairValueOfFinancialAssetsAtFairValueThroughProfitOrLossMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DerivativeFinancialLiability_1b924bf6-a0d4-4018-8bcf-7518d7dd55a5_periodStartLabel_en-US" xlink:label="lab_itub_DerivativeFinancialLiability" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Derivatives liabilities, beginning balance</link:label>
    <link:label id="lab_itub_DerivativeFinancialLiability_4475cb83-63ce-459a-9ce0-06112acf5ed5_periodEndLabel_en-US" xlink:label="lab_itub_DerivativeFinancialLiability" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Derivatives liabilities, ending balance</link:label>
    <link:label id="lab_itub_DerivativeFinancialLiability_label_en-US" xlink:label="lab_itub_DerivativeFinancialLiability" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Financial Liability</link:label>
    <link:label id="lab_itub_DerivativeFinancialLiability_documentation_en-US" xlink:label="lab_itub_DerivativeFinancialLiability" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Derivative Financial Liability</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DerivativeFinancialLiability" xlink:href="itub-20251231.xsd#itub_DerivativeFinancialLiability"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DerivativeFinancialLiability" xlink:to="lab_itub_DerivativeFinancialLiability" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForDepreciationExpense_b60472af-7b05-4cb5-9b25-98381ef0b24f_negatedLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDepreciationExpense" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Depreciation expenses</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForDepreciationExpense_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDepreciationExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for depreciation expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForDepreciationExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForDepreciationExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForDepreciationExpense" xlink:to="lab_ifrs-full_AdjustmentsForDepreciationExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_AuditorLocation_7deecf85-1025-4512-9900-a91528af0dcb_terseLabel_en-US" xlink:label="lab_dei_AuditorLocation" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Auditor Location</link:label>
    <link:label id="lab_dei_AuditorLocation_label_en-US" xlink:label="lab_dei_AuditorLocation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Auditor Location</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AuditorLocation" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AuditorLocation"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AuditorLocation" xlink:to="lab_dei_AuditorLocation" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CountercyclicalBufferRequirementPercentage_9c93d69d-123f-4630-a4c7-da2680c8e524_verboseLabel_en-US" xlink:label="lab_itub_CountercyclicalBufferRequirementPercentage" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Countercyclical buffer requirement (%)</link:label>
    <link:label id="lab_itub_CountercyclicalBufferRequirementPercentage_label_en-US" xlink:label="lab_itub_CountercyclicalBufferRequirementPercentage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Countercyclical Buffer Requirement Percentage</link:label>
    <link:label id="lab_itub_CountercyclicalBufferRequirementPercentage_documentation_en-US" xlink:label="lab_itub_CountercyclicalBufferRequirementPercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Countercyclical Buffer Requirement Percentage</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CountercyclicalBufferRequirementPercentage" xlink:href="itub-20251231.xsd#itub_CountercyclicalBufferRequirementPercentage"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CountercyclicalBufferRequirementPercentage" xlink:to="lab_itub_CountercyclicalBufferRequirementPercentage" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OneHundredLargestDebtorsMember_7ee31425-f4f9-4172-94b0-4e3bb5243bcb_terseLabel_en-US" xlink:label="lab_itub_OneHundredLargestDebtorsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">100 largest debtors</link:label>
    <link:label id="lab_itub_OneHundredLargestDebtorsMember_label_en-US" xlink:label="lab_itub_OneHundredLargestDebtorsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">One Hundred Largest Debtors [Member]</link:label>
    <link:label id="lab_itub_OneHundredLargestDebtorsMember_documentation_en-US" xlink:label="lab_itub_OneHundredLargestDebtorsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">One Hundred Largest Debtors [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OneHundredLargestDebtorsMember" xlink:href="itub-20251231.xsd#itub_OneHundredLargestDebtorsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OneHundredLargestDebtorsMember" xlink:to="lab_itub_OneHundredLargestDebtorsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInInsuranceReinsuranceAndInvestmentContractLiabilities_10870930-a997-40f3-8ecf-7e1174a66e3b_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInInsuranceReinsuranceAndInvestmentContractLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial income from insurance contracts and private pension</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInInsuranceReinsuranceAndInvestmentContractLiabilities_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInInsuranceReinsuranceAndInvestmentContractLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for increase (decrease) in insurance, reinsurance and investment contract liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForIncreaseDecreaseInInsuranceReinsuranceAndInvestmentContractLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInInsuranceReinsuranceAndInvestmentContractLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForIncreaseDecreaseInInsuranceReinsuranceAndInvestmentContractLiabilities" xlink:to="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInInsuranceReinsuranceAndInvestmentContractLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearsSixAndThereAfter_2da7220d-fe34-45db-b068-c14b87d2767a_terseLabel_en-US" xlink:label="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearsSixAndThereAfter" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2031 to 2035</link:label>
    <link:label id="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearsSixAndThereAfter_label_en-US" xlink:label="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearsSixAndThereAfter" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan Expected Future Benefit Payments Years Six And There After</link:label>
    <link:label id="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearsSixAndThereAfter_documentation_en-US" xlink:label="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearsSixAndThereAfter" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan Expected Future Benefit Payments Years Six And There After</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearsSixAndThereAfter" xlink:href="itub-20251231.xsd#itub_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearsSixAndThereAfter"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearsSixAndThereAfter" xlink:to="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearsSixAndThereAfter" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PersonalLoanMember_9e363943-615a-4417-80eb-594ec65573cb_terseLabel_en-US" xlink:label="lab_itub_PersonalLoanMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Personal loan</link:label>
    <link:label id="lab_itub_PersonalLoanMember_label_en-US" xlink:label="lab_itub_PersonalLoanMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Personal Loan [Member]</link:label>
    <link:label id="lab_itub_PersonalLoanMember_documentation_en-US" xlink:label="lab_itub_PersonalLoanMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Personal Loan [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PersonalLoanMember" xlink:href="itub-20251231.xsd#itub_PersonalLoanMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PersonalLoanMember" xlink:to="lab_itub_PersonalLoanMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PersonnelProvisionMember_4664e3cd-0c9d-4ec3-b333-10f447b95aa3_terseLabel_en-US" xlink:label="lab_itub_PersonnelProvisionMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Personnel provision</link:label>
    <link:label id="lab_itub_PersonnelProvisionMember_label_en-US" xlink:label="lab_itub_PersonnelProvisionMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Personnel Provision [Member]</link:label>
    <link:label id="lab_itub_PersonnelProvisionMember_documentation_en-US" xlink:label="lab_itub_PersonnelProvisionMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Personnel Provision [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PersonnelProvisionMember" xlink:href="itub-20251231.xsd#itub_PersonnelProvisionMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PersonnelProvisionMember" xlink:to="lab_itub_PersonnelProvisionMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TotalInsuranceContractsAndPrivatePensionReinsurance_f57d2c51-240d-444b-892c-7c8cfabfe830_verboseLabel_en-US" xlink:label="lab_itub_TotalInsuranceContractsAndPrivatePensionReinsurance" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Reinsurance</link:label>
    <link:label id="lab_itub_TotalInsuranceContractsAndPrivatePensionReinsurance_label_en-US" xlink:label="lab_itub_TotalInsuranceContractsAndPrivatePensionReinsurance" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Insurance Contracts And Private Pension Reinsurance</link:label>
    <link:label id="lab_itub_TotalInsuranceContractsAndPrivatePensionReinsurance_documentation_en-US" xlink:label="lab_itub_TotalInsuranceContractsAndPrivatePensionReinsurance" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total Insurance Contracts And Private Pension Reinsurance</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TotalInsuranceContractsAndPrivatePensionReinsurance" xlink:href="itub-20251231.xsd#itub_TotalInsuranceContractsAndPrivatePensionReinsurance"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TotalInsuranceContractsAndPrivatePensionReinsurance" xlink:to="lab_itub_TotalInsuranceContractsAndPrivatePensionReinsurance" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestBearingDeposits1Member_df1fc886-e9c0-47af-b65e-c246819dff68_terseLabel_en-US" xlink:label="lab_itub_InterestBearingDeposits1Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest-bearing deposits</link:label>
    <link:label id="lab_itub_InterestBearingDeposits1Member_label_en-US" xlink:label="lab_itub_InterestBearingDeposits1Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Bearing Deposits 1 [Member]</link:label>
    <link:label id="lab_itub_InterestBearingDeposits1Member_documentation_en-US" xlink:label="lab_itub_InterestBearingDeposits1Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest Bearing Deposits 1 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestBearingDeposits1Member" xlink:href="itub-20251231.xsd#itub_InterestBearingDeposits1Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestBearingDeposits1Member" xlink:to="lab_itub_InterestBearingDeposits1Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_WeightedAverageShares_28a0eff9-8661-49c9-a0d1-c02d68528f77_terseLabel_en-US" xlink:label="lab_ifrs-full_WeightedAverageShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted average number of outstanding shares - basic (in shares)</link:label>
    <link:label id="lab_ifrs-full_WeightedAverageShares_f5cdfd60-e520-4d2f-a214-d0392ee34ba4_verboseLabel_en-US" xlink:label="lab_ifrs-full_WeightedAverageShares" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Weighted average number of outstanding shares (in shares)</link:label>
    <link:label id="lab_ifrs-full_WeightedAverageShares_8de2c680-7591-4531-bc00-95b94c1b9ac7_netLabel_en-US" xlink:label="lab_ifrs-full_WeightedAverageShares" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Adjusted weighted average of shares Common, Preferred (in shares)</link:label>
    <link:label id="lab_ifrs-full_WeightedAverageShares_label_en-US" xlink:label="lab_ifrs-full_WeightedAverageShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted average number of ordinary shares used in calculating basic earnings per share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_WeightedAverageShares" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_WeightedAverageShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_WeightedAverageShares" xlink:to="lab_ifrs-full_WeightedAverageShares" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfContractualServiceMarginTableTextBlock_3e6f7113-d535-40a7-8394-2b7f6ca9d8bf_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfContractualServiceMarginTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Contractual Service Margin</link:label>
    <link:label id="lab_itub_ScheduleOfContractualServiceMarginTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfContractualServiceMarginTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Contractual Service Margin [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfContractualServiceMarginTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfContractualServiceMarginTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Contractual Service Margin</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfContractualServiceMarginTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfContractualServiceMarginTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfContractualServiceMarginTableTextBlock" xlink:to="lab_itub_ScheduleOfContractualServiceMarginTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RecognizedInIncomeForThePeriod_d8dc1191-062d-410e-9268-b333c7698c84_terseLabel_en-US" xlink:label="lab_itub_RecognizedInIncomeForThePeriod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Recognized in income for the period</link:label>
    <link:label id="lab_itub_RecognizedInIncomeForThePeriod_label_en-US" xlink:label="lab_itub_RecognizedInIncomeForThePeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Recognized In Income For The Period</link:label>
    <link:label id="lab_itub_RecognizedInIncomeForThePeriod_documentation_en-US" xlink:label="lab_itub_RecognizedInIncomeForThePeriod" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Recognized In Income For The Period</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RecognizedInIncomeForThePeriod" xlink:href="itub-20251231.xsd#itub_RecognizedInIncomeForThePeriod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RecognizedInIncomeForThePeriod" xlink:to="lab_itub_RecognizedInIncomeForThePeriod" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SundryForeignMember_32c76bed-2815-49da-b7d9-98bf9d500a3c_terseLabel_en-US" xlink:label="lab_itub_SundryForeignMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sundry foreign</link:label>
    <link:label id="lab_itub_SundryForeignMember_label_en-US" xlink:label="lab_itub_SundryForeignMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sundry Foreign [Member]</link:label>
    <link:label id="lab_itub_SundryForeignMember_documentation_en-US" xlink:label="lab_itub_SundryForeignMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Sundry Foreign [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SundryForeignMember" xlink:href="itub-20251231.xsd#itub_SundryForeignMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SundryForeignMember" xlink:to="lab_itub_SundryForeignMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InvestmentHoldingAxis_5add0fad-c9af-4110-b4a4-59c11cae9cd4_terseLabel_en-US" xlink:label="lab_itub_InvestmentHoldingAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment Holding [Axis]</link:label>
    <link:label id="lab_itub_InvestmentHoldingAxis_label_en-US" xlink:label="lab_itub_InvestmentHoldingAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Holding [Axis]</link:label>
    <link:label id="lab_itub_InvestmentHoldingAxis_documentation_en-US" xlink:label="lab_itub_InvestmentHoldingAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Investment Holding [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InvestmentHoldingAxis" xlink:href="itub-20251231.xsd#itub_InvestmentHoldingAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InvestmentHoldingAxis" xlink:to="lab_itub_InvestmentHoldingAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherFinancialAssetsAtFairValue_019da955-1c51-72f0-978b-1f42b1ffe82f_terseLabel_en-US" xlink:label="lab_itub_OtherFinancialAssetsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other financial assets</link:label>
    <link:label id="lab_itub_OtherFinancialAssetsAtFairValue_label_en-US" xlink:label="lab_itub_OtherFinancialAssetsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Financial Assets At Fair Value</link:label>
    <link:label id="lab_itub_OtherFinancialAssetsAtFairValue_documentation_en-US" xlink:label="lab_itub_OtherFinancialAssetsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Financial Assets At Fair Value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherFinancialAssetsAtFairValue" xlink:href="itub-20251231.xsd#itub_OtherFinancialAssetsAtFairValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherFinancialAssetsAtFairValue" xlink:to="lab_itub_OtherFinancialAssetsAtFairValue" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityWellKnownSeasonedIssuer_cf0fe71e-19db-40fc-b923-a449e348a387_terseLabel_en-US" xlink:label="lab_dei_EntityWellKnownSeasonedIssuer" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Well-known Seasoned Issuer</link:label>
    <link:label id="lab_dei_EntityWellKnownSeasonedIssuer_label_en-US" xlink:label="lab_dei_EntityWellKnownSeasonedIssuer" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Well-known Seasoned Issuer</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityWellKnownSeasonedIssuer" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityWellKnownSeasonedIssuer"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityWellKnownSeasonedIssuer" xlink:to="lab_dei_EntityWellKnownSeasonedIssuer" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_NumberOfSegmentsOperating_019dd288-1a32-7600-94d9-19369da1a9a8_terseLabel_en-US" xlink:label="lab_itub_NumberOfSegmentsOperating" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of operating segments</link:label>
    <link:label id="lab_itub_NumberOfSegmentsOperating_label_en-US" xlink:label="lab_itub_NumberOfSegmentsOperating" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Segments, Operating</link:label>
    <link:label id="lab_itub_NumberOfSegmentsOperating_documentation_en-US" xlink:label="lab_itub_NumberOfSegmentsOperating" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number Of Segments, Operating</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_NumberOfSegmentsOperating" xlink:href="itub-20251231.xsd#itub_NumberOfSegmentsOperating"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_NumberOfSegmentsOperating" xlink:to="lab_itub_NumberOfSegmentsOperating" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AccountingPoliciesCriticalEstimatesAndMaterialJudgmentsPolicyTextBlock_5dd512c6-2dfc-4c5c-b692-950fbcc125ce_terseLabel_en-US" xlink:label="lab_itub_AccountingPoliciesCriticalEstimatesAndMaterialJudgmentsPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounting policies, critical estimates and material judgments</link:label>
    <link:label id="lab_itub_AccountingPoliciesCriticalEstimatesAndMaterialJudgmentsPolicyTextBlock_label_en-US" xlink:label="lab_itub_AccountingPoliciesCriticalEstimatesAndMaterialJudgmentsPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounting policies, critical estimates and material judgments [Policy Text Block]</link:label>
    <link:label id="lab_itub_AccountingPoliciesCriticalEstimatesAndMaterialJudgmentsPolicyTextBlock_documentation_en-US" xlink:label="lab_itub_AccountingPoliciesCriticalEstimatesAndMaterialJudgmentsPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Accounting policies, critical estimates and material judgments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AccountingPoliciesCriticalEstimatesAndMaterialJudgmentsPolicyTextBlock" xlink:href="itub-20251231.xsd#itub_AccountingPoliciesCriticalEstimatesAndMaterialJudgmentsPolicyTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AccountingPoliciesCriticalEstimatesAndMaterialJudgmentsPolicyTextBlock" xlink:to="lab_itub_AccountingPoliciesCriticalEstimatesAndMaterialJudgmentsPolicyTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherFinancialAssets_43dcaa35-fe93-4e74-b269-0ca38702e92e_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other financial assets</link:label>
    <link:label id="lab_ifrs-full_OtherFinancialAssets_label_en-US" xlink:label="lab_ifrs-full_OtherFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherFinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherFinancialAssets" xlink:to="lab_ifrs-full_OtherFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DefinedBenefitPlansDomain_27e006dc-80f5-454f-9543-281f650fe0cd_terseLabel_en-US" xlink:label="lab_ifrs-full_DefinedBenefitPlansDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Defined benefit plans [domain]</link:label>
    <link:label id="lab_ifrs-full_DefinedBenefitPlansDomain_label_en-US" xlink:label="lab_ifrs-full_DefinedBenefitPlansDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined benefit plans [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DefinedBenefitPlansDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DefinedBenefitPlansDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DefinedBenefitPlansDomain" xlink:to="lab_ifrs-full_DefinedBenefitPlansDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CountryOfDomicileMember_f5c2797b-88b4-4c72-bdc1-8b23a54f6e28_terseLabel_en-US" xlink:label="lab_ifrs-full_CountryOfDomicileMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">In Brazil</link:label>
    <link:label id="lab_ifrs-full_CountryOfDomicileMember_label_en-US" xlink:label="lab_ifrs-full_CountryOfDomicileMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Country of domicile [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CountryOfDomicileMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CountryOfDomicileMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CountryOfDomicileMember" xlink:to="lab_ifrs-full_CountryOfDomicileMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ComputerEquipmentMember_aef30fc1-830e-4d8d-9c57-6b21f038004c_terseLabel_en-US" xlink:label="lab_ifrs-full_ComputerEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Data processing systems</link:label>
    <link:label id="lab_ifrs-full_ComputerEquipmentMember_label_en-US" xlink:label="lab_ifrs-full_ComputerEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Computer equipment [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComputerEquipmentMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComputerEquipmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComputerEquipmentMember" xlink:to="lab_ifrs-full_ComputerEquipmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset_a4e6373b-960c-400b-815c-25f75ce89712_terseLabel_en-US" xlink:label="lab_ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2 - Cost of past service</link:label>
    <link:label id="lab_ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset_label_en-US" xlink:label="lab_ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) in net defined benefit liability (asset) resulting from past service cost</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset" xlink:to="lab_ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CreditRiskAdvancedInternalRatingBasedApproachCreditRiskMember_41cc86bf-e645-4f1a-b547-b687a0f16b83_terseLabel_en-US" xlink:label="lab_itub_CreditRiskAdvancedInternalRatingBasedApproachCreditRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Of which: advanced internal rating-based approach (A-IRB)</link:label>
    <link:label id="lab_itub_CreditRiskAdvancedInternalRatingBasedApproachCreditRiskMember_label_en-US" xlink:label="lab_itub_CreditRiskAdvancedInternalRatingBasedApproachCreditRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Risk Advanced Internal Rating Based Approach Credit Risk [Member]</link:label>
    <link:label id="lab_itub_CreditRiskAdvancedInternalRatingBasedApproachCreditRiskMember_documentation_en-US" xlink:label="lab_itub_CreditRiskAdvancedInternalRatingBasedApproachCreditRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Credit Risk Advanced Internal Rating Based Approach Credit Risk [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CreditRiskAdvancedInternalRatingBasedApproachCreditRiskMember" xlink:href="itub-20251231.xsd#itub_CreditRiskAdvancedInternalRatingBasedApproachCreditRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CreditRiskAdvancedInternalRatingBasedApproachCreditRiskMember" xlink:to="lab_itub_CreditRiskAdvancedInternalRatingBasedApproachCreditRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SubordinatedLiabilities_0b332058-10e1-40bd-8d74-ae278e9bcb09_terseLabel_en-US" xlink:label="lab_ifrs-full_SubordinatedLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subordinated liabilities</link:label>
    <link:label id="lab_ifrs-full_SubordinatedLiabilities_f76895e4-cd5a-40f6-9ef5-c3dd1595f68f_verboseLabel_en-US" xlink:label="lab_ifrs-full_SubordinatedLiabilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Institutional market funds</link:label>
    <link:label id="lab_ifrs-full_SubordinatedLiabilities_label_en-US" xlink:label="lab_ifrs-full_SubordinatedLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subordinated liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SubordinatedLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SubordinatedLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SubordinatedLiabilities" xlink:to="lab_ifrs-full_SubordinatedLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax_7b029486-f937-4962-9a0f-fe07ad67e3df_terseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hedge of net investment in foreign operation</link:label>
    <link:label id="lab_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax_label_en-US" xlink:label="lab_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (losses) on hedges of net investments in foreign operations, net of tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax" xlink:to="lab_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InstitutionalMarketDebtMember_63959d7e-1157-4a29-8368-d673ba7a1a42_terseLabel_en-US" xlink:label="lab_itub_InstitutionalMarketDebtMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Institutional market funds</link:label>
    <link:label id="lab_itub_InstitutionalMarketDebtMember_label_en-US" xlink:label="lab_itub_InstitutionalMarketDebtMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Institutional Market Debt [Member]</link:label>
    <link:label id="lab_itub_InstitutionalMarketDebtMember_documentation_en-US" xlink:label="lab_itub_InstitutionalMarketDebtMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Institutional Market Debt [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InstitutionalMarketDebtMember" xlink:href="itub-20251231.xsd#itub_InstitutionalMarketDebtMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InstitutionalMarketDebtMember" xlink:to="lab_itub_InstitutionalMarketDebtMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ItauBBAInternationalPlcMember_dd029876-3bfd-41ee-b650-1e8ad367d9bf_terseLabel_en-US" xlink:label="lab_itub_ItauBBAInternationalPlcMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Itau BBA International plc</link:label>
    <link:label id="lab_itub_ItauBBAInternationalPlcMember_label_en-US" xlink:label="lab_itub_ItauBBAInternationalPlcMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Itau BBA International plc [Member]</link:label>
    <link:label id="lab_itub_ItauBBAInternationalPlcMember_documentation_en-US" xlink:label="lab_itub_ItauBBAInternationalPlcMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Itau BBA International plc.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ItauBBAInternationalPlcMember" xlink:href="itub-20251231.xsd#itub_ItauBBAInternationalPlcMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ItauBBAInternationalPlcMember" xlink:to="lab_itub_ItauBBAInternationalPlcMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_GovernmentAbroadMember_eeef11b8-b5e9-423b-9c30-2690a1f1f198_terseLabel_en-US" xlink:label="lab_itub_GovernmentAbroadMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Governments &#8211; abroad</link:label>
    <link:label id="lab_itub_GovernmentAbroadMember_label_en-US" xlink:label="lab_itub_GovernmentAbroadMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Government Abroad [Member]</link:label>
    <link:label id="lab_itub_GovernmentAbroadMember_documentation_en-US" xlink:label="lab_itub_GovernmentAbroadMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Government Abroad [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_GovernmentAbroadMember" xlink:href="itub-20251231.xsd#itub_GovernmentAbroadMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_GovernmentAbroadMember" xlink:to="lab_itub_GovernmentAbroadMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FairValueHedgesMember_9575945a-4a10-40d4-8833-236445b89496_terseLabel_en-US" xlink:label="lab_ifrs-full_FairValueHedgesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value hedge</link:label>
    <link:label id="lab_ifrs-full_FairValueHedgesMember_label_en-US" xlink:label="lab_ifrs-full_FairValueHedgesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair value hedges [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FairValueHedgesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FairValueHedgesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FairValueHedgesMember" xlink:to="lab_ifrs-full_FairValueHedgesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForFinancialAssetsExplanatory_7daa310a-8ea3-44bb-a591-520c2743d594_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForFinancialAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classification of financial assets</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForFinancialAssetsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForFinancialAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for financial assets [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForFinancialAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForFinancialAssetsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForFinancialAssetsExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForFinancialAssetsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityCurrentReportingStatus_bab28135-d982-4870-b370-8e80f83508f2_terseLabel_en-US" xlink:label="lab_dei_EntityCurrentReportingStatus" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Current Reporting Status</link:label>
    <link:label id="lab_dei_EntityCurrentReportingStatus_label_en-US" xlink:label="lab_dei_EntityCurrentReportingStatus" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Current Reporting Status</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCurrentReportingStatus" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCurrentReportingStatus"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCurrentReportingStatus" xlink:to="lab_dei_EntityCurrentReportingStatus" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember_16df1f16-29b1-4eba-b8d4-3d5e0c69b71f_verboseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">From 1 to 3 years</link:label>
    <link:label id="lab_ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember_092cf161-a494-46eb-ad92-4804c90dea80_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2028</link:label>
    <link:label id="lab_ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than one year and not later than three years [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember" xlink:to="lab_ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDeferredTaxesExplanatory_559d707a-d11c-466c-a45d-8710918c5af3_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDeferredTaxesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Deferred Tax Asset Balance and Respective Changes</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDeferredTaxesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDeferredTaxesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of deferred taxes [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDeferredTaxesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDeferredTaxesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDeferredTaxesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDeferredTaxesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PrepaidExpensesMember_f66670dc-c5e0-4b22-beeb-252c49b91fed_terseLabel_en-US" xlink:label="lab_itub_PrepaidExpensesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Prepaid expenses</link:label>
    <link:label id="lab_itub_PrepaidExpensesMember_label_en-US" xlink:label="lab_itub_PrepaidExpensesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Prepaid Expenses [Member]</link:label>
    <link:label id="lab_itub_PrepaidExpensesMember_documentation_en-US" xlink:label="lab_itub_PrepaidExpensesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Prepaid Expenses [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PrepaidExpensesMember" xlink:href="itub-20251231.xsd#itub_PrepaidExpensesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PrepaidExpensesMember" xlink:to="lab_itub_PrepaidExpensesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfMainAssumptionsUsedInActuarialValuationOfRetirementPlansTableTextBlock_6c7cbab3-aac7-4d74-a56b-24f343b95a7c_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfMainAssumptionsUsedInActuarialValuationOfRetirementPlansTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Main Assumptions used in Actuarial Valuation of Retirement Plans</link:label>
    <link:label id="lab_itub_ScheduleOfMainAssumptionsUsedInActuarialValuationOfRetirementPlansTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfMainAssumptionsUsedInActuarialValuationOfRetirementPlansTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Main Assumptions Used In Actuarial Valuation Of Retirement Plans [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfMainAssumptionsUsedInActuarialValuationOfRetirementPlansTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfMainAssumptionsUsedInActuarialValuationOfRetirementPlansTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Main Assumptions Used In Actuarial Valuation Of Retirement Plans</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfMainAssumptionsUsedInActuarialValuationOfRetirementPlansTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfMainAssumptionsUsedInActuarialValuationOfRetirementPlansTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfMainAssumptionsUsedInActuarialValuationOfRetirementPlansTableTextBlock" xlink:to="lab_itub_ScheduleOfMainAssumptionsUsedInActuarialValuationOfRetirementPlansTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_CurrentFiscalYearEndDate_3c0b4d12-ae26-4851-a717-1eebad6d3bdc_terseLabel_en-US" xlink:label="lab_dei_CurrentFiscalYearEndDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current Fiscal Year End Date</link:label>
    <link:label id="lab_dei_CurrentFiscalYearEndDate_label_en-US" xlink:label="lab_dei_CurrentFiscalYearEndDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Fiscal Year End Date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CurrentFiscalYearEndDate" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CurrentFiscalYearEndDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CurrentFiscalYearEndDate" xlink:to="lab_dei_CurrentFiscalYearEndDate" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PercentageOfAllocation_b0ae891b-47f8-424d-a4fa-4bb6cdef754e_terseLabel_en-US" xlink:label="lab_itub_PercentageOfAllocation" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">% Allocation</link:label>
    <link:label id="lab_itub_PercentageOfAllocation_label_en-US" xlink:label="lab_itub_PercentageOfAllocation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Allocation</link:label>
    <link:label id="lab_itub_PercentageOfAllocation_documentation_en-US" xlink:label="lab_itub_PercentageOfAllocation" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage Of Allocation</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PercentageOfAllocation" xlink:href="itub-20251231.xsd#itub_PercentageOfAllocation"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PercentageOfAllocation" xlink:to="lab_itub_PercentageOfAllocation" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ForeignLoansMember_f446b358-3b5e-41b4-9e50-7cbddea6d84c_terseLabel_en-US" xlink:label="lab_itub_ForeignLoansMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign loans - Latin America</link:label>
    <link:label id="lab_itub_ForeignLoansMember_label_en-US" xlink:label="lab_itub_ForeignLoansMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Foreign Loans [Member]</link:label>
    <link:label id="lab_itub_ForeignLoansMember_documentation_en-US" xlink:label="lab_itub_ForeignLoansMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Foreign Loans [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ForeignLoansMember" xlink:href="itub-20251231.xsd#itub_ForeignLoansMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ForeignLoansMember" xlink:to="lab_itub_ForeignLoansMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OperatingRevenuesNetOfExpectedLossesFromFinancialAssets_d6d00288-4079-48a3-99e3-686d73ff7012_totalLabel_en-US" xlink:label="lab_itub_OperatingRevenuesNetOfExpectedLossesFromFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Operating Revenues Net of Expected Credit Losses from Financial Assets</link:label>
    <link:label id="lab_itub_OperatingRevenuesNetOfExpectedLossesFromFinancialAssets_label_en-US" xlink:label="lab_itub_OperatingRevenuesNetOfExpectedLossesFromFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Revenues Net Of Expected Losses From Financial Assets</link:label>
    <link:label id="lab_itub_OperatingRevenuesNetOfExpectedLossesFromFinancialAssets_documentation_en-US" xlink:label="lab_itub_OperatingRevenuesNetOfExpectedLossesFromFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Operating Revenues Net Of Expected Losses From Financial Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OperatingRevenuesNetOfExpectedLossesFromFinancialAssets" xlink:href="itub-20251231.xsd#itub_OperatingRevenuesNetOfExpectedLossesFromFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OperatingRevenuesNetOfExpectedLossesFromFinancialAssets" xlink:to="lab_itub_OperatingRevenuesNetOfExpectedLossesFromFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_StageTwoLoanMember_95fbe0b3-e853-45ca-ad40-da2846198391_terseLabel_en-US" xlink:label="lab_itub_StageTwoLoanMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stage 2</link:label>
    <link:label id="lab_itub_StageTwoLoanMember_label_en-US" xlink:label="lab_itub_StageTwoLoanMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stage Two Loan [Member]</link:label>
    <link:label id="lab_itub_StageTwoLoanMember_documentation_en-US" xlink:label="lab_itub_StageTwoLoanMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Stage Two Loan [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_StageTwoLoanMember" xlink:href="itub-20251231.xsd#itub_StageTwoLoanMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_StageTwoLoanMember" xlink:to="lab_itub_StageTwoLoanMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ProvisionsRecognizedForTaxAndSocialSecuritiesLawsuits_5a11affb-7dc1-4267-ae9a-73286a55723a_terseLabel_en-US" xlink:label="lab_itub_ProvisionsRecognizedForTaxAndSocialSecuritiesLawsuits" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Provisions recognized for tax and social securities lawsuits</link:label>
    <link:label id="lab_itub_ProvisionsRecognizedForTaxAndSocialSecuritiesLawsuits_label_en-US" xlink:label="lab_itub_ProvisionsRecognizedForTaxAndSocialSecuritiesLawsuits" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Provisions Recognized For Tax And Social Securities Lawsuits</link:label>
    <link:label id="lab_itub_ProvisionsRecognizedForTaxAndSocialSecuritiesLawsuits_documentation_en-US" xlink:label="lab_itub_ProvisionsRecognizedForTaxAndSocialSecuritiesLawsuits" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Provisions Recognized For Tax And Social Securities Lawsuits</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ProvisionsRecognizedForTaxAndSocialSecuritiesLawsuits" xlink:href="itub-20251231.xsd#itub_ProvisionsRecognizedForTaxAndSocialSecuritiesLawsuits"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ProvisionsRecognizedForTaxAndSocialSecuritiesLawsuits" xlink:to="lab_itub_ProvisionsRecognizedForTaxAndSocialSecuritiesLawsuits" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialInstrumentsCreditimpairedMember_019d571f-acec-7383-be1f-97b204ccd571_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialInstrumentsCreditimpairedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stage 3</link:label>
    <link:label id="lab_ifrs-full_FinancialInstrumentsCreditimpairedMember_label_en-US" xlink:label="lab_ifrs-full_FinancialInstrumentsCreditimpairedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial instruments credit-impaired [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialInstrumentsCreditimpairedMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialInstrumentsCreditimpairedMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialInstrumentsCreditimpairedMember" xlink:to="lab_ifrs-full_FinancialInstrumentsCreditimpairedMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProportionOfOwnershipInterestInJointVenture_6b56e0fa-ffcc-4654-b59b-79fc1bf650ab_terseLabel_en-US" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInJointVenture" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proportion of ownership interest in joint venture</link:label>
    <link:label id="lab_ifrs-full_ProportionOfOwnershipInterestInJointVenture_label_en-US" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInJointVenture" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proportion of ownership interest in joint venture</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProportionOfOwnershipInterestInJointVenture" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProportionOfOwnershipInterestInJointVenture"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProportionOfOwnershipInterestInJointVenture" xlink:to="lab_ifrs-full_ProportionOfOwnershipInterestInJointVenture" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember_a80e8d2f-dbf4-4676-accb-f2e7a6785246_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">At amortized cost</link:label>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember_label_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial liabilities at amortised cost, category [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember" xlink:to="lab_ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems_20c99e72-1d3e-4dd1-b200-06e52b2f006a_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about borrowings [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about borrowings [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfRiskWeightedAssetsTableTextBlock_50da2d85-0616-4f7c-bf5b-e3b3ffb90be8_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfRiskWeightedAssetsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Risk Weighted Assets</link:label>
    <link:label id="lab_itub_ScheduleOfRiskWeightedAssetsTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfRiskWeightedAssetsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Risk Weighted Assets [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfRiskWeightedAssetsTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfRiskWeightedAssetsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Risk Weighted Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfRiskWeightedAssetsTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfRiskWeightedAssetsTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfRiskWeightedAssetsTableTextBlock" xlink:to="lab_itub_ScheduleOfRiskWeightedAssetsTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ThreePointNineZeroPercentageToThreePointNineSixPercentageMember_9ecf16ad-2b74-4549-aada-f9230e65208a_terseLabel_en-US" xlink:label="lab_itub_ThreePointNineZeroPercentageToThreePointNineSixPercentageMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">3.90% to 3.96%</link:label>
    <link:label id="lab_itub_ThreePointNineZeroPercentageToThreePointNineSixPercentageMember_label_en-US" xlink:label="lab_itub_ThreePointNineZeroPercentageToThreePointNineSixPercentageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Three Point Nine Zero Percentage To Three Point Nine Six Percentage [Member]</link:label>
    <link:label id="lab_itub_ThreePointNineZeroPercentageToThreePointNineSixPercentageMember_documentation_en-US" xlink:label="lab_itub_ThreePointNineZeroPercentageToThreePointNineSixPercentageMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Three Point Nine Zero Percentage To Three Point Nine Six Percentage [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ThreePointNineZeroPercentageToThreePointNineSixPercentageMember" xlink:href="itub-20251231.xsd#itub_ThreePointNineZeroPercentageToThreePointNineSixPercentageMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ThreePointNineZeroPercentageToThreePointNineSixPercentageMember" xlink:to="lab_itub_ThreePointNineZeroPercentageToThreePointNineSixPercentageMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IncreaseDecreaseInDeferredTaxAssets_8934cccb-26f0-44dc-8332-d3cfff1cbf52_verboseLabel_en-US" xlink:label="lab_itub_IncreaseDecreaseInDeferredTaxAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Increase</link:label>
    <link:label id="lab_itub_IncreaseDecreaseInDeferredTaxAssets_label_en-US" xlink:label="lab_itub_IncreaseDecreaseInDeferredTaxAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase Decrease In Deferred Tax Assets</link:label>
    <link:label id="lab_itub_IncreaseDecreaseInDeferredTaxAssets_documentation_en-US" xlink:label="lab_itub_IncreaseDecreaseInDeferredTaxAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase Decrease In Deferred Tax Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IncreaseDecreaseInDeferredTaxAssets" xlink:href="itub-20251231.xsd#itub_IncreaseDecreaseInDeferredTaxAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IncreaseDecreaseInDeferredTaxAssets" xlink:to="lab_itub_IncreaseDecreaseInDeferredTaxAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TwoThousandAndThirtySixMember_6ce974cf-9391-46ab-9385-edb7ae599d9a_terseLabel_en-US" xlink:label="lab_itub_TwoThousandAndThirtySixMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2036</link:label>
    <link:label id="lab_itub_TwoThousandAndThirtySixMember_label_en-US" xlink:label="lab_itub_TwoThousandAndThirtySixMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Two Thousand And Thirty Six [Member]</link:label>
    <link:label id="lab_itub_TwoThousandAndThirtySixMember_documentation_en-US" xlink:label="lab_itub_TwoThousandAndThirtySixMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Two Thousand And Thirty Six [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TwoThousandAndThirtySixMember" xlink:href="itub-20251231.xsd#itub_TwoThousandAndThirtySixMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TwoThousandAndThirtySixMember" xlink:to="lab_itub_TwoThousandAndThirtySixMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PremiumsReceivedClaimsAndOtherExpensesPaid_900552de-d41c-43e9-85df-0a1d2b0ebb00_terseLabel_en-US" xlink:label="lab_itub_PremiumsReceivedClaimsAndOtherExpensesPaid" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Premiums received, claims and other expenses paid</link:label>
    <link:label id="lab_itub_PremiumsReceivedClaimsAndOtherExpensesPaid_label_en-US" xlink:label="lab_itub_PremiumsReceivedClaimsAndOtherExpensesPaid" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Premiums Received, Claims and Other Expenses Paid</link:label>
    <link:label id="lab_itub_PremiumsReceivedClaimsAndOtherExpensesPaid_documentation_en-US" xlink:label="lab_itub_PremiumsReceivedClaimsAndOtherExpensesPaid" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Premiums Received, Claims and Other Expenses Paid</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PremiumsReceivedClaimsAndOtherExpensesPaid" xlink:href="itub-20251231.xsd#itub_PremiumsReceivedClaimsAndOtherExpensesPaid"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PremiumsReceivedClaimsAndOtherExpensesPaid" xlink:to="lab_itub_PremiumsReceivedClaimsAndOtherExpensesPaid" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TypesOfInsuranceContractsAxis_dc4eb7e6-663b-4925-956c-a276888edbee_terseLabel_en-US" xlink:label="lab_itub_TypesOfInsuranceContractsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types Of Insurance Contracts [Axis]</link:label>
    <link:label id="lab_itub_TypesOfInsuranceContractsAxis_label_en-US" xlink:label="lab_itub_TypesOfInsuranceContractsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Types Of Insurance Contracts [Axis]</link:label>
    <link:label id="lab_itub_TypesOfInsuranceContractsAxis_documentation_en-US" xlink:label="lab_itub_TypesOfInsuranceContractsAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Types Of Insurance Contracts [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TypesOfInsuranceContractsAxis" xlink:href="itub-20251231.xsd#itub_TypesOfInsuranceContractsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TypesOfInsuranceContractsAxis" xlink:to="lab_itub_TypesOfInsuranceContractsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfAmortizedCostOfFinancialAssetsAtAmortizedCostTableTextBlock_baccf50e-0b68-4444-be85-0d3672146dc1_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfAmortizedCostOfFinancialAssetsAtAmortizedCostTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Amortized Cost of Financial Assets at Amortized Cost</link:label>
    <link:label id="lab_itub_ScheduleOfAmortizedCostOfFinancialAssetsAtAmortizedCostTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfAmortizedCostOfFinancialAssetsAtAmortizedCostTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of amortized cost of financial assets at amortized cost [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfAmortizedCostOfFinancialAssetsAtAmortizedCostTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfAmortizedCostOfFinancialAssetsAtAmortizedCostTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of amortized cost of financial assets at amortized cost</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfAmortizedCostOfFinancialAssetsAtAmortizedCostTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfAmortizedCostOfFinancialAssetsAtAmortizedCostTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfAmortizedCostOfFinancialAssetsAtAmortizedCostTableTextBlock" xlink:to="lab_itub_ScheduleOfAmortizedCostOfFinancialAssetsAtAmortizedCostTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialAssets_70296e95-81e4-4a2b-a577-0ce8558ba13e_totalLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssets" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Financial assets</link:label>
    <link:label id="lab_ifrs-full_FinancialAssets_019dbda6-6b89-72ca-815d-04c0c67c7674_netLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssets" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">(Provision for expected credit loss)</link:label>
    <link:label id="lab_ifrs-full_FinancialAssets_019d6aeb-bb91-72de-b2f7-7450bceea1a4_periodStartLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssets" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Financial assets at beginning of period</link:label>
    <link:label id="lab_ifrs-full_FinancialAssets_019d6aeb-57ef-7c6f-9776-33d905946121_periodEndLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssets" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Financial assets at end of period</link:label>
    <link:label id="lab_ifrs-full_FinancialAssets_8bb6e5a3-7b39-4076-888c-99380f898ce5_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial assets</link:label>
    <link:label id="lab_ifrs-full_FinancialAssets_1ec9bbcd-0b2f-4669-bacc-468410bfc1fd_verboseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:label id="lab_ifrs-full_FinancialAssets_label_en-US" xlink:label="lab_ifrs-full_FinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssets" xlink:to="lab_ifrs-full_FinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfAmountsIncurredByEntityForProvisionOfKeyManagementPersonnelServicesProvidedBySeparateManagementEntitiesLineItems_10119fa7-ecdf-4eb5-88b1-bba48a18abd3_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfAmountsIncurredByEntityForProvisionOfKeyManagementPersonnelServicesProvidedBySeparateManagementEntitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of amounts incurred by entity for provision of key management personnel services provided by separate management entities [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfAmountsIncurredByEntityForProvisionOfKeyManagementPersonnelServicesProvidedBySeparateManagementEntitiesLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfAmountsIncurredByEntityForProvisionOfKeyManagementPersonnelServicesProvidedBySeparateManagementEntitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of amounts incurred by entity for provision of key management personnel services provided by separate management entities [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfAmountsIncurredByEntityForProvisionOfKeyManagementPersonnelServicesProvidedBySeparateManagementEntitiesLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfAmountsIncurredByEntityForProvisionOfKeyManagementPersonnelServicesProvidedBySeparateManagementEntitiesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfAmountsIncurredByEntityForProvisionOfKeyManagementPersonnelServicesProvidedBySeparateManagementEntitiesLineItems" xlink:to="lab_ifrs-full_DisclosureOfAmountsIncurredByEntityForProvisionOfKeyManagementPersonnelServicesProvidedBySeparateManagementEntitiesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RealEstatesMember_4a240d3f-d0cc-4285-ba60-fc6792302c41_terseLabel_en-US" xlink:label="lab_itub_RealEstatesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Real Estate</link:label>
    <link:label id="lab_itub_RealEstatesMember_label_en-US" xlink:label="lab_itub_RealEstatesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estates [Member]</link:label>
    <link:label id="lab_itub_RealEstatesMember_documentation_en-US" xlink:label="lab_itub_RealEstatesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Real Estates [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RealEstatesMember" xlink:href="itub-20251231.xsd#itub_RealEstatesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RealEstatesMember" xlink:to="lab_itub_RealEstatesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CureToStageTwo_019dcd73-4701-7601-828d-5c74cbddabba_terseLabel_en-US" xlink:label="lab_itub_CureToStageTwo" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cure to Stage 2</link:label>
    <link:label id="lab_itub_CureToStageTwo_label_en-US" xlink:label="lab_itub_CureToStageTwo" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cure To Stage Two</link:label>
    <link:label id="lab_itub_CureToStageTwo_documentation_en-US" xlink:label="lab_itub_CureToStageTwo" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cure To Stage Two</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CureToStageTwo" xlink:href="itub-20251231.xsd#itub_CureToStageTwo"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CureToStageTwo" xlink:to="lab_itub_CureToStageTwo" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OffBalanceSheet_6ecc8acd-0e8e-405c-8a94-1700ef5ded97_terseLabel_en-US" xlink:label="lab_itub_OffBalanceSheet" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Off-balance sheet</link:label>
    <link:label id="lab_itub_OffBalanceSheet_label_en-US" xlink:label="lab_itub_OffBalanceSheet" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Off Balance Sheet</link:label>
    <link:label id="lab_itub_OffBalanceSheet_documentation_en-US" xlink:label="lab_itub_OffBalanceSheet" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Off Balance Sheet</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OffBalanceSheet" xlink:href="itub-20251231.xsd#itub_OffBalanceSheet"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OffBalanceSheet" xlink:to="lab_itub_OffBalanceSheet" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NumberOfSharesIssued_f13e0685-4b39-4ec8-a719-76b196f48314_terseLabel_en-US" xlink:label="lab_ifrs-full_NumberOfSharesIssued" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shares of capital stock, ending balance (in shares)</link:label>
    <link:label id="lab_ifrs-full_NumberOfSharesIssued_58fe3849-cc04-4043-9924-ece411fb7b13_verboseLabel_en-US" xlink:label="lab_ifrs-full_NumberOfSharesIssued" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Shares of capital stock (in shares)</link:label>
    <link:label id="lab_ifrs-full_NumberOfSharesIssued_label_en-US" xlink:label="lab_ifrs-full_NumberOfSharesIssued" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of shares issued</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NumberOfSharesIssued" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfSharesIssued"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfSharesIssued" xlink:to="lab_ifrs-full_NumberOfSharesIssued" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfContingentLiabilitiesExplanatory_8273f917-06e3-41fe-82a8-452357c2cc1e_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfContingentLiabilitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Guarantees of Contingencies, Provisions and Legal Obligations</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfContingentLiabilitiesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfContingentLiabilitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of contingent liabilities [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfContingentLiabilitiesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfContingentLiabilitiesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfContingentLiabilitiesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfContingentLiabilitiesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AmountsBelowTheThresholdsForDeductionMember_2b6d8006-deff-43ca-83f8-725d222e342c_terseLabel_en-US" xlink:label="lab_itub_AmountsBelowTheThresholdsForDeductionMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amounts below the thresholds for deduction</link:label>
    <link:label id="lab_itub_AmountsBelowTheThresholdsForDeductionMember_label_en-US" xlink:label="lab_itub_AmountsBelowTheThresholdsForDeductionMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amounts Below The Thresholds For Deduction [Member]</link:label>
    <link:label id="lab_itub_AmountsBelowTheThresholdsForDeductionMember_documentation_en-US" xlink:label="lab_itub_AmountsBelowTheThresholdsForDeductionMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amounts Below The Thresholds For Deduction [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AmountsBelowTheThresholdsForDeductionMember" xlink:href="itub-20251231.xsd#itub_AmountsBelowTheThresholdsForDeductionMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AmountsBelowTheThresholdsForDeductionMember" xlink:to="lab_itub_AmountsBelowTheThresholdsForDeductionMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DeferredTaxAssetsTaxLossSocialContributionLossCarryforwards_fa66e654-b7eb-49b7-8bcc-3f32ccabf6a4_terseLabel_en-US" xlink:label="lab_itub_DeferredTaxAssetsTaxLossSocialContributionLossCarryforwards" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Tax loss / social contribution loss carryforwards</link:label>
    <link:label id="lab_itub_DeferredTaxAssetsTaxLossSocialContributionLossCarryforwards_label_en-US" xlink:label="lab_itub_DeferredTaxAssetsTaxLossSocialContributionLossCarryforwards" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets Tax Loss / Social Contribution Loss Carryforwards</link:label>
    <link:label id="lab_itub_DeferredTaxAssetsTaxLossSocialContributionLossCarryforwards_documentation_en-US" xlink:label="lab_itub_DeferredTaxAssetsTaxLossSocialContributionLossCarryforwards" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets Tax Loss / Social Contribution Loss Carryforwards</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DeferredTaxAssetsTaxLossSocialContributionLossCarryforwards" xlink:href="itub-20251231.xsd#itub_DeferredTaxAssetsTaxLossSocialContributionLossCarryforwards"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DeferredTaxAssetsTaxLossSocialContributionLossCarryforwards" xlink:to="lab_itub_DeferredTaxAssetsTaxLossSocialContributionLossCarryforwards" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CreditCardOperationsMember_519470b7-9501-4961-a2e6-6f4aae9a0794_terseLabel_en-US" xlink:label="lab_itub_CreditCardOperationsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit card operations</link:label>
    <link:label id="lab_itub_CreditCardOperationsMember_label_en-US" xlink:label="lab_itub_CreditCardOperationsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Card Operations [Member]</link:label>
    <link:label id="lab_itub_CreditCardOperationsMember_documentation_en-US" xlink:label="lab_itub_CreditCardOperationsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Credit Card Operations [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CreditCardOperationsMember" xlink:href="itub-20251231.xsd#itub_CreditCardOperationsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CreditCardOperationsMember" xlink:to="lab_itub_CreditCardOperationsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsDomain_bdd0ec0c-4d6b-4ae4-8310-9bd0e4aa8b50_terseLabel_en-US" xlink:label="lab_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Temporary difference, unused tax losses and unused tax credits [domain]</link:label>
    <link:label id="lab_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsDomain_label_en-US" xlink:label="lab_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Temporary difference, unused tax losses and unused tax credits [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsDomain" xlink:to="lab_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_EmployeeProfitSharingPlanMember_4399a79d-b981-4ca2-9b84-91d6378ea055_terseLabel_en-US" xlink:label="lab_itub_EmployeeProfitSharingPlanMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Profit sharing</link:label>
    <link:label id="lab_itub_EmployeeProfitSharingPlanMember_label_en-US" xlink:label="lab_itub_EmployeeProfitSharingPlanMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Profit Sharing Plan [Member]</link:label>
    <link:label id="lab_itub_EmployeeProfitSharingPlanMember_documentation_en-US" xlink:label="lab_itub_EmployeeProfitSharingPlanMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Employee Profit Sharing Plan [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_EmployeeProfitSharingPlanMember" xlink:href="itub-20251231.xsd#itub_EmployeeProfitSharingPlanMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_EmployeeProfitSharingPlanMember" xlink:to="lab_itub_EmployeeProfitSharingPlanMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OverCollateralizedAssetsFairValueOfCollateral_2f4f7383-0e02-40bc-999f-6d673676c8d6_terseLabel_en-US" xlink:label="lab_itub_OverCollateralizedAssetsFairValueOfCollateral" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Over-collateralized assets, Fair value of collateral</link:label>
    <link:label id="lab_itub_OverCollateralizedAssetsFairValueOfCollateral_label_en-US" xlink:label="lab_itub_OverCollateralizedAssetsFairValueOfCollateral" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Over-Collateralized Assets, Fair Value Of Collateral</link:label>
    <link:label id="lab_itub_OverCollateralizedAssetsFairValueOfCollateral_documentation_en-US" xlink:label="lab_itub_OverCollateralizedAssetsFairValueOfCollateral" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Over-Collateralized Assets, Fair Value Of Collateral</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OverCollateralizedAssetsFairValueOfCollateral" xlink:href="itub-20251231.xsd#itub_OverCollateralizedAssetsFairValueOfCollateral"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OverCollateralizedAssetsFairValueOfCollateral" xlink:to="lab_itub_OverCollateralizedAssetsFairValueOfCollateral" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_EightPointNineZeroPercentageMember_f0f8de90-07ba-4a18-b636-cf141b3212fa_terseLabel_en-US" xlink:label="lab_itub_EightPointNineZeroPercentageMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">8.90%</link:label>
    <link:label id="lab_itub_EightPointNineZeroPercentageMember_label_en-US" xlink:label="lab_itub_EightPointNineZeroPercentageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Eight Point Nine Zero Percentage [Member]</link:label>
    <link:label id="lab_itub_EightPointNineZeroPercentageMember_documentation_en-US" xlink:label="lab_itub_EightPointNineZeroPercentageMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Eight Point Nine Zero Percentage [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_EightPointNineZeroPercentageMember" xlink:href="itub-20251231.xsd#itub_EightPointNineZeroPercentageMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_EightPointNineZeroPercentageMember" xlink:to="lab_itub_EightPointNineZeroPercentageMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AccumulatedDepreciationAndAmortisationMember_68e64cd6-c9b7-4941-933b-2461fc1014fa_terseLabel_en-US" xlink:label="lab_ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amortization</link:label>
    <link:label id="lab_ifrs-full_AccumulatedDepreciationAndAmortisationMember_label_en-US" xlink:label="lab_ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated depreciation and amortisation [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AccumulatedDepreciationAndAmortisationMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:to="lab_ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RetainedEarningsMember_36a86937-ab12-4a78-848b-0f97ba68ce7c_terseLabel_en-US" xlink:label="lab_ifrs-full_RetainedEarningsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retained earnings</link:label>
    <link:label id="lab_ifrs-full_RetainedEarningsMember_label_en-US" xlink:label="lab_ifrs-full_RetainedEarningsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retained earnings [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RetainedEarningsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RetainedEarningsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RetainedEarningsMember" xlink:to="lab_ifrs-full_RetainedEarningsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfEntitysOwnEquityInstrumentsAxis_3313d20d-e0ac-480b-8f3f-d4b34a74f85d_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfEntitysOwnEquityInstrumentsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of entity's own equity instruments [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfEntitysOwnEquityInstrumentsAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfEntitysOwnEquityInstrumentsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of entity's own equity instruments [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfEntitysOwnEquityInstrumentsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfEntitysOwnEquityInstrumentsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfEntitysOwnEquityInstrumentsAxis" xlink:to="lab_ifrs-full_ClassesOfEntitysOwnEquityInstrumentsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_dff7724b-e498-408c-92b3-7979ea9650df_netLabel_en-US" xlink:label="lab_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">366-720</link:label>
    <link:label id="lab_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_6438a7b1-8a7b-45e2-977e-02d9d6778eed_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">From 1 to 2 years</link:label>
    <link:label id="lab_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_623b813e-e3a2-4356-a311-e713644e194d_verboseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">2027</link:label>
    <link:label id="lab_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than one year and not later than two years [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:to="lab_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfBreakdownOfFairValueHierarchyLevelsForDerivativeAssetsAndLiabilitiesTableTextBlock_c98edea4-d3eb-47ec-bdb7-5b0f7c2131f1_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfBreakdownOfFairValueHierarchyLevelsForDerivativeAssetsAndLiabilitiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Breakdown of Fair Value Hierarchy Levels for Derivative Assets and Liabilities</link:label>
    <link:label id="lab_itub_ScheduleOfBreakdownOfFairValueHierarchyLevelsForDerivativeAssetsAndLiabilitiesTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfBreakdownOfFairValueHierarchyLevelsForDerivativeAssetsAndLiabilitiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Breakdown Of Fair Value Hierarchy Levels For Derivative Assets And Liabilities [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfBreakdownOfFairValueHierarchyLevelsForDerivativeAssetsAndLiabilitiesTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfBreakdownOfFairValueHierarchyLevelsForDerivativeAssetsAndLiabilitiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Breakdown Of Fair Value Hierarchy Levels For Derivative Assets And Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfBreakdownOfFairValueHierarchyLevelsForDerivativeAssetsAndLiabilitiesTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfBreakdownOfFairValueHierarchyLevelsForDerivativeAssetsAndLiabilitiesTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfBreakdownOfFairValueHierarchyLevelsForDerivativeAssetsAndLiabilitiesTableTextBlock" xlink:to="lab_itub_ScheduleOfBreakdownOfFairValueHierarchyLevelsForDerivativeAssetsAndLiabilitiesTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_NetGainsLossOnInvestmentSecuritiesAndDerivatives_28f6447d-964b-4d08-bfdd-8b287a33e4e9_terseLabel_en-US" xlink:label="lab_itub_NetGainsLossOnInvestmentSecuritiesAndDerivatives" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net gains (loss) on investment securities and derivatives</link:label>
    <link:label id="lab_itub_NetGainsLossOnInvestmentSecuritiesAndDerivatives_label_en-US" xlink:label="lab_itub_NetGainsLossOnInvestmentSecuritiesAndDerivatives" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Gains (Loss) On Investment Securities And Derivatives</link:label>
    <link:label id="lab_itub_NetGainsLossOnInvestmentSecuritiesAndDerivatives_documentation_en-US" xlink:label="lab_itub_NetGainsLossOnInvestmentSecuritiesAndDerivatives" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net Gains (Loss) On Investment Securities And Derivatives</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_NetGainsLossOnInvestmentSecuritiesAndDerivatives" xlink:href="itub-20251231.xsd#itub_NetGainsLossOnInvestmentSecuritiesAndDerivatives"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_NetGainsLossOnInvestmentSecuritiesAndDerivatives" xlink:to="lab_itub_NetGainsLossOnInvestmentSecuritiesAndDerivatives" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InternalCreditGradesDomain_09dd743d-cc9d-4e26-87c9-375434b2db99_terseLabel_en-US" xlink:label="lab_ifrs-full_InternalCreditGradesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Internal credit grades [domain]</link:label>
    <link:label id="lab_ifrs-full_InternalCreditGradesDomain_label_en-US" xlink:label="lab_ifrs-full_InternalCreditGradesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Internal credit grades [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InternalCreditGradesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InternalCreditGradesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InternalCreditGradesDomain" xlink:to="lab_ifrs-full_InternalCreditGradesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_NetGainLossOnInvestmentSecuritiesAndDerivatives_068e01e7-7cad-4a46-8571-47c6acb42dd8_verboseLabel_en-US" xlink:label="lab_itub_NetGainLossOnInvestmentSecuritiesAndDerivatives" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Net gains (loss) on investment securities and derivatives</link:label>
    <link:label id="lab_itub_NetGainLossOnInvestmentSecuritiesAndDerivatives_label_en-US" xlink:label="lab_itub_NetGainLossOnInvestmentSecuritiesAndDerivatives" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Gain Loss On Investment Securities And Derivatives</link:label>
    <link:label id="lab_itub_NetGainLossOnInvestmentSecuritiesAndDerivatives_documentation_en-US" xlink:label="lab_itub_NetGainLossOnInvestmentSecuritiesAndDerivatives" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net Gain Loss On Investment Securities And Derivatives</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_NetGainLossOnInvestmentSecuritiesAndDerivatives" xlink:href="itub-20251231.xsd#itub_NetGainLossOnInvestmentSecuritiesAndDerivatives"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_NetGainLossOnInvestmentSecuritiesAndDerivatives" xlink:to="lab_itub_NetGainLossOnInvestmentSecuritiesAndDerivatives" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_VariableCompensationsMember_a5c5fe1f-cbb8-42cc-beb5-61527f97a695_terseLabel_en-US" xlink:label="lab_itub_VariableCompensationsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable Compensations</link:label>
    <link:label id="lab_itub_VariableCompensationsMember_label_en-US" xlink:label="lab_itub_VariableCompensationsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Compensations [Member]</link:label>
    <link:label id="lab_itub_VariableCompensationsMember_documentation_en-US" xlink:label="lab_itub_VariableCompensationsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Variable Compensations [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_VariableCompensationsMember" xlink:href="itub-20251231.xsd#itub_VariableCompensationsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_VariableCompensationsMember" xlink:to="lab_itub_VariableCompensationsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CorporateSecuritiesMember_eba5e054-1649-49e6-9884-465ae807d7d4_terseLabel_en-US" xlink:label="lab_itub_CorporateSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Corporate securities</link:label>
    <link:label id="lab_itub_CorporateSecuritiesMember_label_en-US" xlink:label="lab_itub_CorporateSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Corporate Securities [Member]</link:label>
    <link:label id="lab_itub_CorporateSecuritiesMember_documentation_en-US" xlink:label="lab_itub_CorporateSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Corporate Securities [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CorporateSecuritiesMember" xlink:href="itub-20251231.xsd#itub_CorporateSecuritiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CorporateSecuritiesMember" xlink:to="lab_itub_CorporateSecuritiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialInstitutionsMember_aa3adaaf-f07f-438b-a2cb-58615a43de9c_terseLabel_en-US" xlink:label="lab_itub_FinancialInstitutionsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial institutions</link:label>
    <link:label id="lab_itub_FinancialInstitutionsMember_label_en-US" xlink:label="lab_itub_FinancialInstitutionsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Institutions [Member]</link:label>
    <link:label id="lab_itub_FinancialInstitutionsMember_documentation_en-US" xlink:label="lab_itub_FinancialInstitutionsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial Institutions [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialInstitutionsMember" xlink:href="itub-20251231.xsd#itub_FinancialInstitutionsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialInstitutionsMember" xlink:to="lab_itub_FinancialInstitutionsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DepreciationAndAmortizationExpenses_3996f2fe-35a2-4b47-ae18-7c9b116468f1_terseLabel_en-US" xlink:label="lab_itub_DepreciationAndAmortizationExpenses" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Depreciation and amortization expenses</link:label>
    <link:label id="lab_itub_DepreciationAndAmortizationExpenses_label_en-US" xlink:label="lab_itub_DepreciationAndAmortizationExpenses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Depreciation And Amortization Expenses</link:label>
    <link:label id="lab_itub_DepreciationAndAmortizationExpenses_documentation_en-US" xlink:label="lab_itub_DepreciationAndAmortizationExpenses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Depreciation And Amortization Expenses</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DepreciationAndAmortizationExpenses" xlink:href="itub-20251231.xsd#itub_DepreciationAndAmortizationExpenses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DepreciationAndAmortizationExpenses" xlink:to="lab_itub_DepreciationAndAmortizationExpenses" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValueMember_2ec650ee-9391-41b4-bcf9-26354cfb445f_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValueMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValueMember_label_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValueMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets at fair value, class [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialAssetsAtFairValueMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssetsAtFairValueMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssetsAtFairValueMember" xlink:to="lab_ifrs-full_FinancialAssetsAtFairValueMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DerivativesPledgesAsCollateral_2ff51a28-3344-42f9-ae30-31c800ac5b5f_terseLabel_en-US" xlink:label="lab_itub_DerivativesPledgesAsCollateral" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total value of margins pledged in guarantee</link:label>
    <link:label id="lab_itub_DerivativesPledgesAsCollateral_label_en-US" xlink:label="lab_itub_DerivativesPledgesAsCollateral" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total value of margins pledged in guarantee</link:label>
    <link:label id="lab_itub_DerivativesPledgesAsCollateral_documentation_en-US" xlink:label="lab_itub_DerivativesPledgesAsCollateral" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total value of margins pledged in guarantee</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DerivativesPledgesAsCollateral" xlink:href="itub-20251231.xsd#itub_DerivativesPledgesAsCollateral"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DerivativesPledgesAsCollateral" xlink:to="lab_itub_DerivativesPledgesAsCollateral" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CategoriesOfFinancialAssetsDomain_94bf03b5-59c2-4a40-8f2d-7ae7aab491bd_terseLabel_en-US" xlink:label="lab_ifrs-full_CategoriesOfFinancialAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Categories of financial assets [domain]</link:label>
    <link:label id="lab_ifrs-full_CategoriesOfFinancialAssetsDomain_label_en-US" xlink:label="lab_ifrs-full_CategoriesOfFinancialAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Categories of financial assets [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CategoriesOfFinancialAssetsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CategoriesOfFinancialAssetsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CategoriesOfFinancialAssetsDomain" xlink:to="lab_ifrs-full_CategoriesOfFinancialAssetsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_StockholdersEquityMember_afd37bf2-a721-49e8-89e4-d3c6727f49b2_terseLabel_en-US" xlink:label="lab_itub_StockholdersEquityMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stockholders' equity (Other comprehensive income)</link:label>
    <link:label id="lab_itub_StockholdersEquityMember_label_en-US" xlink:label="lab_itub_StockholdersEquityMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders Equity [Member]</link:label>
    <link:label id="lab_itub_StockholdersEquityMember_documentation_en-US" xlink:label="lab_itub_StockholdersEquityMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Stockholders Equity [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_StockholdersEquityMember" xlink:href="itub-20251231.xsd#itub_StockholdersEquityMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_StockholdersEquityMember" xlink:to="lab_itub_StockholdersEquityMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDividendsExplanatory_a024c0c8-eba4-4c81-b24f-638c4dfd8b9f_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDividendsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Calculation of Dividends and Interest on Capital</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDividendsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDividendsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of dividends [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDividendsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDividendsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDividendsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDividendsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_MarketAndCorporationMember_cac0e553-f9eb-4c01-94e8-485c303ce668_terseLabel_en-US" xlink:label="lab_itub_MarketAndCorporationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Activities with the Market + Corporation</link:label>
    <link:label id="lab_itub_MarketAndCorporationMember_label_en-US" xlink:label="lab_itub_MarketAndCorporationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Market And Corporation [Member]</link:label>
    <link:label id="lab_itub_MarketAndCorporationMember_documentation_en-US" xlink:label="lab_itub_MarketAndCorporationMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Market And Corporation [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_MarketAndCorporationMember" xlink:href="itub-20251231.xsd#itub_MarketAndCorporationMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_MarketAndCorporationMember" xlink:to="lab_itub_MarketAndCorporationMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestOnCapitalValue_019da971-be6d-716a-b8a6-f9fdebbb1227_totalLabel_en-US" xlink:label="lab_itub_InterestOnCapitalValue" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Interest on capital, value</link:label>
    <link:label id="lab_itub_InterestOnCapitalValue_label_en-US" xlink:label="lab_itub_InterestOnCapitalValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest On Capital, Value</link:label>
    <link:label id="lab_itub_InterestOnCapitalValue_documentation_en-US" xlink:label="lab_itub_InterestOnCapitalValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest On Capital, Value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestOnCapitalValue" xlink:href="itub-20251231.xsd#itub_InterestOnCapitalValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestOnCapitalValue" xlink:to="lab_itub_InterestOnCapitalValue" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingIncludingGovernmentSecurities_019db959-f886-708f-adfb-e3a7d3dacaf2_terseLabel_en-US" xlink:label="lab_itub_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingIncludingGovernmentSecurities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value</link:label>
    <link:label id="lab_itub_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingIncludingGovernmentSecurities_label_en-US" xlink:label="lab_itub_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingIncludingGovernmentSecurities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Assets At Fair Value Through Profit Or Loss Classified As Held For Trading, Including Government Securities</link:label>
    <link:label id="lab_itub_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingIncludingGovernmentSecurities_documentation_en-US" xlink:label="lab_itub_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingIncludingGovernmentSecurities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial Assets At Fair Value Through Profit Or Loss Classified As Held For Trading, Including Government Securities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingIncludingGovernmentSecurities" xlink:href="itub-20251231.xsd#itub_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingIncludingGovernmentSecurities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingIncludingGovernmentSecurities" xlink:to="lab_itub_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingIncludingGovernmentSecurities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LiabilityAssetOfDefinedBenefitPlans_7c3341f3-c7a1-40df-bdb6-e6578078c3ce_periodStartLabel_en-US" xlink:label="lab_ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Amounts at the beginning of the period</link:label>
    <link:label id="lab_ifrs-full_LiabilityAssetOfDefinedBenefitPlans_7557c146-b99c-46c4-825a-58bfe8d81caf_periodEndLabel_en-US" xlink:label="lab_ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Amounts at the end of the period</link:label>
    <link:label id="lab_ifrs-full_LiabilityAssetOfDefinedBenefitPlans_label_en-US" xlink:label="lab_ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net defined benefit liability (asset)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LiabilityAssetOfDefinedBenefitPlans"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xlink:to="lab_ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialInstrumentsNotCreditimpairedMember_019d55c0-fd23-770e-b6e1-642515460aec_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialInstrumentsNotCreditimpairedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stage 2</link:label>
    <link:label id="lab_ifrs-full_FinancialInstrumentsNotCreditimpairedMember_label_en-US" xlink:label="lab_ifrs-full_FinancialInstrumentsNotCreditimpairedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial instruments not credit-impaired [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialInstrumentsNotCreditimpairedMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialInstrumentsNotCreditimpairedMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialInstrumentsNotCreditimpairedMember" xlink:to="lab_ifrs-full_FinancialInstrumentsNotCreditimpairedMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DiscountRateIncrease_4c903300-d6ca-4660-b22a-6ebfb881f029_terseLabel_en-US" xlink:label="lab_itub_DiscountRateIncrease" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Discount rate, increase</link:label>
    <link:label id="lab_itub_DiscountRateIncrease_label_en-US" xlink:label="lab_itub_DiscountRateIncrease" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Discount Rate, Increase</link:label>
    <link:label id="lab_itub_DiscountRateIncrease_documentation_en-US" xlink:label="lab_itub_DiscountRateIncrease" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Discount Rate, Increase</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DiscountRateIncrease" xlink:href="itub-20251231.xsd#itub_DiscountRateIncrease"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DiscountRateIncrease" xlink:to="lab_itub_DiscountRateIncrease" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OverCollateralizedAssetsCarryingValueOfTheAssets_c37269f6-e4dd-4cb9-9d18-2299a6baed6e_terseLabel_en-US" xlink:label="lab_itub_OverCollateralizedAssetsCarryingValueOfTheAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Over-collateralized assets, Carrying value of the assets</link:label>
    <link:label id="lab_itub_OverCollateralizedAssetsCarryingValueOfTheAssets_label_en-US" xlink:label="lab_itub_OverCollateralizedAssetsCarryingValueOfTheAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Over-Collateralized Assets, Carrying Value Of The Assets</link:label>
    <link:label id="lab_itub_OverCollateralizedAssetsCarryingValueOfTheAssets_documentation_en-US" xlink:label="lab_itub_OverCollateralizedAssetsCarryingValueOfTheAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Over-Collateralized Assets, Carrying Value Of The Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OverCollateralizedAssetsCarryingValueOfTheAssets" xlink:href="itub-20251231.xsd#itub_OverCollateralizedAssetsCarryingValueOfTheAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OverCollateralizedAssetsCarryingValueOfTheAssets" xlink:to="lab_itub_OverCollateralizedAssetsCarryingValueOfTheAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_GeneralModelBba_d5997ece-ed28-4729-8c67-86632812bca0_terseLabel_en-US" xlink:label="lab_itub_GeneralModelBba" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">General model (BBA)</link:label>
    <link:label id="lab_itub_GeneralModelBba_label_en-US" xlink:label="lab_itub_GeneralModelBba" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">General Model (BBA)</link:label>
    <link:label id="lab_itub_GeneralModelBba_documentation_en-US" xlink:label="lab_itub_GeneralModelBba" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">General Model (BBA)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_GeneralModelBba" xlink:href="itub-20251231.xsd#itub_GeneralModelBba"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_GeneralModelBba" xlink:to="lab_itub_GeneralModelBba" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherFinancialAsset_3d23ad5b-a966-416e-871f-007d58ccaebe_verboseLabel_en-US" xlink:label="lab_itub_OtherFinancialAsset" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other financial assets</link:label>
    <link:label id="lab_itub_OtherFinancialAsset_label_en-US" xlink:label="lab_itub_OtherFinancialAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Financial Asset</link:label>
    <link:label id="lab_itub_OtherFinancialAsset_documentation_en-US" xlink:label="lab_itub_OtherFinancialAsset" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Financial Asset</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherFinancialAsset" xlink:href="itub-20251231.xsd#itub_OtherFinancialAsset"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherFinancialAsset" xlink:to="lab_itub_OtherFinancialAsset" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TransferToStage3_019dabfc-efbb-7b4b-a736-0804616f852b_negatedTerseLabel_en-US" xlink:label="lab_itub_TransferToStage3" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Transfer to Stage 3</link:label>
    <link:label id="lab_itub_TransferToStage3_label_en-US" xlink:label="lab_itub_TransferToStage3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfer To Stage 3</link:label>
    <link:label id="lab_itub_TransferToStage3_documentation_en-US" xlink:label="lab_itub_TransferToStage3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Transfer To Stage 3</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TransferToStage3" xlink:href="itub-20251231.xsd#itub_TransferToStage3"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TransferToStage3" xlink:to="lab_itub_TransferToStage3" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CancellationOfTreasuryShares_019c746d-0815-7b0c-8d2f-af49db385b03_terseLabel_en-US" xlink:label="lab_ifrs-full_CancellationOfTreasuryShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cancellation of treasury shares</link:label>
    <link:label id="lab_ifrs-full_CancellationOfTreasuryShares_label_en-US" xlink:label="lab_ifrs-full_CancellationOfTreasuryShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cancellation of treasury shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CancellationOfTreasuryShares" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CancellationOfTreasuryShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CancellationOfTreasuryShares" xlink:to="lab_ifrs-full_CancellationOfTreasuryShares" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TransferToStage2_019dabfc-efbb-7b33-878b-c7beed1b1993_negatedTerseLabel_en-US" xlink:label="lab_itub_TransferToStage2" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Transfer to Stage 2</link:label>
    <link:label id="lab_itub_TransferToStage2_label_en-US" xlink:label="lab_itub_TransferToStage2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfer To Stage 2</link:label>
    <link:label id="lab_itub_TransferToStage2_documentation_en-US" xlink:label="lab_itub_TransferToStage2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Transfer To Stage 2</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TransferToStage2" xlink:href="itub-20251231.xsd#itub_TransferToStage2"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TransferToStage2" xlink:to="lab_itub_TransferToStage2" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ImpactInIncomeInsuranceMember_4424f203-f1ac-4309-aea9-8ba92ec498cd_terseLabel_en-US" xlink:label="lab_itub_ImpactInIncomeInsuranceMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Impact in Income, Insurance</link:label>
    <link:label id="lab_itub_ImpactInIncomeInsuranceMember_label_en-US" xlink:label="lab_itub_ImpactInIncomeInsuranceMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Impact In Income Insurance [Member]</link:label>
    <link:label id="lab_itub_ImpactInIncomeInsuranceMember_documentation_en-US" xlink:label="lab_itub_ImpactInIncomeInsuranceMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Impact In Income Insurance [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ImpactInIncomeInsuranceMember" xlink:href="itub-20251231.xsd#itub_ImpactInIncomeInsuranceMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ImpactInIncomeInsuranceMember" xlink:to="lab_itub_ImpactInIncomeInsuranceMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_ContactPersonnelName_99537661-d223-4027-a3f0-0bfee925c86e_terseLabel_en-US" xlink:label="lab_dei_ContactPersonnelName" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contact Personnel Name</link:label>
    <link:label id="lab_dei_ContactPersonnelName_label_en-US" xlink:label="lab_dei_ContactPersonnelName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contact Personnel Name</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_ContactPersonnelName" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_ContactPersonnelName"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_ContactPersonnelName" xlink:to="lab_dei_ContactPersonnelName" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfFinancialAssetsAndLiabilitiesTableTextBlock_173ddc4b-a3dd-4e57-9f7b-7dee637f7ede_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfFinancialAssetsAndLiabilitiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule Of Financial Assets And Liabilities</link:label>
    <link:label id="lab_itub_ScheduleOfFinancialAssetsAndLiabilitiesTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfFinancialAssetsAndLiabilitiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of financial assets and liabilities [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfFinancialAssetsAndLiabilitiesTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfFinancialAssetsAndLiabilitiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of financial assets and liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfFinancialAssetsAndLiabilitiesTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfFinancialAssetsAndLiabilitiesTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfFinancialAssetsAndLiabilitiesTableTextBlock" xlink:to="lab_itub_ScheduleOfFinancialAssetsAndLiabilitiesTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CountryOfLatinAmericaMember_8558c740-c273-4b2a-8735-f8e5463541a4_terseLabel_en-US" xlink:label="lab_itub_CountryOfLatinAmericaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Latin America</link:label>
    <link:label id="lab_itub_CountryOfLatinAmericaMember_label_en-US" xlink:label="lab_itub_CountryOfLatinAmericaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Country Of Latin America [Member]</link:label>
    <link:label id="lab_itub_CountryOfLatinAmericaMember_documentation_en-US" xlink:label="lab_itub_CountryOfLatinAmericaMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Country Of Latin America [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CountryOfLatinAmericaMember" xlink:href="itub-20251231.xsd#itub_CountryOfLatinAmericaMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CountryOfLatinAmericaMember" xlink:to="lab_itub_CountryOfLatinAmericaMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SubordinatedEuronotesMember_e75f154c-30c1-465d-aa75-73a0c7667c9e_terseLabel_en-US" xlink:label="lab_itub_SubordinatedEuronotesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subordinated Euronotes</link:label>
    <link:label id="lab_itub_SubordinatedEuronotesMember_label_en-US" xlink:label="lab_itub_SubordinatedEuronotesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subordinated Euronotes [Member]</link:label>
    <link:label id="lab_itub_SubordinatedEuronotesMember_documentation_en-US" xlink:label="lab_itub_SubordinatedEuronotesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Subordinated Euronotes [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SubordinatedEuronotesMember" xlink:href="itub-20251231.xsd#itub_SubordinatedEuronotesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SubordinatedEuronotesMember" xlink:to="lab_itub_SubordinatedEuronotesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PurchaseOfTreasuryShares_72f29728-5831-407a-b132-4f2408253f2a_negatedLabel_en-US" xlink:label="lab_ifrs-full_PurchaseOfTreasuryShares" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Acquisition of treasury shares</link:label>
    <link:label id="lab_ifrs-full_PurchaseOfTreasuryShares_label_en-US" xlink:label="lab_ifrs-full_PurchaseOfTreasuryShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchase of treasury shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PurchaseOfTreasuryShares" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PurchaseOfTreasuryShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PurchaseOfTreasuryShares" xlink:to="lab_ifrs-full_PurchaseOfTreasuryShares" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IncomeLossBeforeIncomeTaxAndSocialContribution_51774e59-c309-4728-918e-a07b72988d91_totalLabel_en-US" xlink:label="lab_itub_IncomeLossBeforeIncomeTaxAndSocialContribution" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Income / (loss) before income tax and social contribution</link:label>
    <link:label id="lab_itub_IncomeLossBeforeIncomeTaxAndSocialContribution_8d84ad22-fdff-499a-bf55-cfb066e5697e_terseLabel_en-US" xlink:label="lab_itub_IncomeLossBeforeIncomeTaxAndSocialContribution" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income / (loss) before income tax and social contribution</link:label>
    <link:label id="lab_itub_IncomeLossBeforeIncomeTaxAndSocialContribution_d50a591f-549f-4e86-9a60-7cd8064c8338_verboseLabel_en-US" xlink:label="lab_itub_IncomeLossBeforeIncomeTaxAndSocialContribution" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Income before income tax and social contribution</link:label>
    <link:label id="lab_itub_IncomeLossBeforeIncomeTaxAndSocialContribution_label_en-US" xlink:label="lab_itub_IncomeLossBeforeIncomeTaxAndSocialContribution" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income / (Loss) Before Income Tax And Social Contribution</link:label>
    <link:label id="lab_itub_IncomeLossBeforeIncomeTaxAndSocialContribution_documentation_en-US" xlink:label="lab_itub_IncomeLossBeforeIncomeTaxAndSocialContribution" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Income / (Loss) Before Income Tax And Social Contribution</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IncomeLossBeforeIncomeTaxAndSocialContribution" xlink:href="itub-20251231.xsd#itub_IncomeLossBeforeIncomeTaxAndSocialContribution"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IncomeLossBeforeIncomeTaxAndSocialContribution" xlink:to="lab_itub_IncomeLossBeforeIncomeTaxAndSocialContribution" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_HedgingInstrumentLiabilities_019c8b64-102d-798e-a5c6-ebb33ca56936_verboseLabel_en-US" xlink:label="lab_ifrs-full_HedgingInstrumentLiabilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Book value, liabilities</link:label>
    <link:label id="lab_ifrs-full_HedgingInstrumentLiabilities_label_en-US" xlink:label="lab_ifrs-full_HedgingInstrumentLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedging instrument, liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_HedgingInstrumentLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_HedgingInstrumentLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_HedgingInstrumentLiabilities" xlink:to="lab_ifrs-full_HedgingInstrumentLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PercentageOfVotingEquityInterestsAcquired_57d3b9e3-4b48-40ad-8297-3e7481699d9f_terseLabel_en-US" xlink:label="lab_ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of voting equity interests acquired</link:label>
    <link:label id="lab_ifrs-full_PercentageOfVotingEquityInterestsAcquired_label_en-US" xlink:label="lab_ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage of voting equity interests acquired</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PercentageOfVotingEquityInterestsAcquired"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:to="lab_ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DisclosureOfLoansAndLeaseOperationsPortfolioExplanatoryTextBlock_1e6b341d-a699-4769-a065-99f1b7465fc5_verboseLabel_en-US" xlink:label="lab_itub_DisclosureOfLoansAndLeaseOperationsPortfolioExplanatoryTextBlock" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Loan and lease operations</link:label>
    <link:label id="lab_itub_DisclosureOfLoansAndLeaseOperationsPortfolioExplanatoryTextBlock_label_en-US" xlink:label="lab_itub_DisclosureOfLoansAndLeaseOperationsPortfolioExplanatoryTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Loans And Lease Operations Portfolio Explanatory [Text Block]</link:label>
    <link:label id="lab_itub_DisclosureOfLoansAndLeaseOperationsPortfolioExplanatoryTextBlock_documentation_en-US" xlink:label="lab_itub_DisclosureOfLoansAndLeaseOperationsPortfolioExplanatoryTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure Of Loans And Lease Operations Portfolio Explanatory</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DisclosureOfLoansAndLeaseOperationsPortfolioExplanatoryTextBlock" xlink:href="itub-20251231.xsd#itub_DisclosureOfLoansAndLeaseOperationsPortfolioExplanatoryTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DisclosureOfLoansAndLeaseOperationsPortfolioExplanatoryTextBlock" xlink:to="lab_itub_DisclosureOfLoansAndLeaseOperationsPortfolioExplanatoryTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RealEstateReceivablesCertificatesMember_22dd9313-4dae-4ff4-874e-c18a51366e92_terseLabel_en-US" xlink:label="lab_itub_RealEstateReceivablesCertificatesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Real estate receivables certificates</link:label>
    <link:label id="lab_itub_RealEstateReceivablesCertificatesMember_label_en-US" xlink:label="lab_itub_RealEstateReceivablesCertificatesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate Receivables Certificates [member]</link:label>
    <link:label id="lab_itub_RealEstateReceivablesCertificatesMember_documentation_en-US" xlink:label="lab_itub_RealEstateReceivablesCertificatesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Real estate receivables certificates.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RealEstateReceivablesCertificatesMember" xlink:href="itub-20251231.xsd#itub_RealEstateReceivablesCertificatesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RealEstateReceivablesCertificatesMember" xlink:to="lab_itub_RealEstateReceivablesCertificatesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfSocialSecurityProvisionsTableTextBlock_4048b36d-aefb-404f-b5ae-d49d48e84e99_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfSocialSecurityProvisionsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Social Security Provisions</link:label>
    <link:label id="lab_itub_ScheduleOfSocialSecurityProvisionsTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfSocialSecurityProvisionsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Social Security Provisions [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfSocialSecurityProvisionsTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfSocialSecurityProvisionsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Social Security Provisions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfSocialSecurityProvisionsTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfSocialSecurityProvisionsTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfSocialSecurityProvisionsTableTextBlock" xlink:to="lab_itub_ScheduleOfSocialSecurityProvisionsTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForTransactionsWithNoncontrollingInterestsExplanatory_7963ae28-9814-48f3-bc6a-28891ac96c51_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForTransactionsWithNoncontrollingInterestsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital transactions with non-controlling stockholders</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForTransactionsWithNoncontrollingInterestsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForTransactionsWithNoncontrollingInterestsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for transactions with non-controlling interests [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForTransactionsWithNoncontrollingInterestsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForTransactionsWithNoncontrollingInterestsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForTransactionsWithNoncontrollingInterestsExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForTransactionsWithNoncontrollingInterestsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TwoThousandAndThirtyNineMember_8f24e239-123e-4c9e-956b-2f08b2a34a8c_terseLabel_en-US" xlink:label="lab_itub_TwoThousandAndThirtyNineMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2039</link:label>
    <link:label id="lab_itub_TwoThousandAndThirtyNineMember_label_en-US" xlink:label="lab_itub_TwoThousandAndThirtyNineMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Two Thousand And Thirty Nine [Member]</link:label>
    <link:label id="lab_itub_TwoThousandAndThirtyNineMember_documentation_en-US" xlink:label="lab_itub_TwoThousandAndThirtyNineMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Two Thousand And Thirty Nine [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TwoThousandAndThirtyNineMember" xlink:href="itub-20251231.xsd#itub_TwoThousandAndThirtyNineMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TwoThousandAndThirtyNineMember" xlink:to="lab_itub_TwoThousandAndThirtyNineMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OneHundredPercenatgeOfCdiMember_1cd48cc8-b488-476b-8b73-6b6c651ad23b_terseLabel_en-US" xlink:label="lab_itub_OneHundredPercenatgeOfCdiMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">100% of CDI</link:label>
    <link:label id="lab_itub_OneHundredPercenatgeOfCdiMember_label_en-US" xlink:label="lab_itub_OneHundredPercenatgeOfCdiMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">One Hundred Percenatge Of Cdi [Member]</link:label>
    <link:label id="lab_itub_OneHundredPercenatgeOfCdiMember_documentation_en-US" xlink:label="lab_itub_OneHundredPercenatgeOfCdiMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">One Hundred Percenatge Of Cdi [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OneHundredPercenatgeOfCdiMember" xlink:href="itub-20251231.xsd#itub_OneHundredPercenatgeOfCdiMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OneHundredPercenatgeOfCdiMember" xlink:to="lab_itub_OneHundredPercenatgeOfCdiMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ImpactInIncomePrivatePensionMember_78b83330-ddcf-47de-a96e-9ce885164c95_terseLabel_en-US" xlink:label="lab_itub_ImpactInIncomePrivatePensionMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Impact in Income, Private Pension</link:label>
    <link:label id="lab_itub_ImpactInIncomePrivatePensionMember_label_en-US" xlink:label="lab_itub_ImpactInIncomePrivatePensionMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Impact In Income Private Pension [Member]</link:label>
    <link:label id="lab_itub_ImpactInIncomePrivatePensionMember_documentation_en-US" xlink:label="lab_itub_ImpactInIncomePrivatePensionMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Impact In Income Private Pension [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ImpactInIncomePrivatePensionMember" xlink:href="itub-20251231.xsd#itub_ImpactInIncomePrivatePensionMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ImpactInIncomePrivatePensionMember" xlink:to="lab_itub_ImpactInIncomePrivatePensionMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_StatutoryReservePercentage_019c90f8-3ab9-737c-bc3f-84d57f640836_terseLabel_en-US" xlink:label="lab_itub_StatutoryReservePercentage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statutory reserve percentage</link:label>
    <link:label id="lab_itub_StatutoryReservePercentage_label_en-US" xlink:label="lab_itub_StatutoryReservePercentage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statutory Reserve Percentage</link:label>
    <link:label id="lab_itub_StatutoryReservePercentage_documentation_en-US" xlink:label="lab_itub_StatutoryReservePercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Statutory Reserve Percentage</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_StatutoryReservePercentage" xlink:href="itub-20251231.xsd#itub_StatutoryReservePercentage"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_StatutoryReservePercentage" xlink:to="lab_itub_StatutoryReservePercentage" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_StandardisedApproachMember_aa52e0fa-9b60-4f98-bfe7-3bb01f181600_terseLabel_en-US" xlink:label="lab_itub_StandardisedApproachMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Of which: standardized approach (RWAMPAD)</link:label>
    <link:label id="lab_itub_StandardisedApproachMember_label_en-US" xlink:label="lab_itub_StandardisedApproachMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Standardised Approach [Member]</link:label>
    <link:label id="lab_itub_StandardisedApproachMember_documentation_en-US" xlink:label="lab_itub_StandardisedApproachMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Standardised Approach [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_StandardisedApproachMember" xlink:href="itub-20251231.xsd#itub_StandardisedApproachMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_StandardisedApproachMember" xlink:to="lab_itub_StandardisedApproachMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ItauBBAUSASecuritiesIncMember_c4e81228-d29b-4858-a416-8c4326ed65e2_terseLabel_en-US" xlink:label="lab_itub_ItauBBAUSASecuritiesIncMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Itau BBA USA Securities Inc.</link:label>
    <link:label id="lab_itub_ItauBBAUSASecuritiesIncMember_label_en-US" xlink:label="lab_itub_ItauBBAUSASecuritiesIncMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Itau BBA USA Securities Inc. [Member]</link:label>
    <link:label id="lab_itub_ItauBBAUSASecuritiesIncMember_documentation_en-US" xlink:label="lab_itub_ItauBBAUSASecuritiesIncMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Itau BBA USA Securities Inc.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ItauBBAUSASecuritiesIncMember" xlink:href="itub-20251231.xsd#itub_ItauBBAUSASecuritiesIncMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ItauBBAUSASecuritiesIncMember" xlink:to="lab_itub_ItauBBAUSASecuritiesIncMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CompulsoryDepositsInTheCentralBankOfBrazilMember_35e01973-0e1e-4d2f-be31-b51153be9154_terseLabel_en-US" xlink:label="lab_itub_CompulsoryDepositsInTheCentralBankOfBrazilMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Central Bank of Brazil deposits</link:label>
    <link:label id="lab_itub_CompulsoryDepositsInTheCentralBankOfBrazilMember_label_en-US" xlink:label="lab_itub_CompulsoryDepositsInTheCentralBankOfBrazilMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Compulsory Deposits In The Central Bank Of Brazil [Member]</link:label>
    <link:label id="lab_itub_CompulsoryDepositsInTheCentralBankOfBrazilMember_documentation_en-US" xlink:label="lab_itub_CompulsoryDepositsInTheCentralBankOfBrazilMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Compulsory Deposits In The Central Bank Of Brazil [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CompulsoryDepositsInTheCentralBankOfBrazilMember" xlink:href="itub-20251231.xsd#itub_CompulsoryDepositsInTheCentralBankOfBrazilMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CompulsoryDepositsInTheCentralBankOfBrazilMember" xlink:to="lab_itub_CompulsoryDepositsInTheCentralBankOfBrazilMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_MaterialAccountingPoliciesTextBlock_e187cc2e-3355-42a4-b443-6afba74ca08a_terseLabel_en-US" xlink:label="lab_itub_MaterialAccountingPoliciesTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Material accounting policies</link:label>
    <link:label id="lab_itub_MaterialAccountingPoliciesTextBlock_label_en-US" xlink:label="lab_itub_MaterialAccountingPoliciesTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Material accounting policies [Text Block]</link:label>
    <link:label id="lab_itub_MaterialAccountingPoliciesTextBlock_documentation_en-US" xlink:label="lab_itub_MaterialAccountingPoliciesTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Material accounting policies</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_MaterialAccountingPoliciesTextBlock" xlink:href="itub-20251231.xsd#itub_MaterialAccountingPoliciesTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_MaterialAccountingPoliciesTextBlock" xlink:to="lab_itub_MaterialAccountingPoliciesTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInOtherComprehensiveIncome_c2b0c945-1dd6-42e1-90fe-53e8e915442a_totalLabel_en-US" xlink:label="lab_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Hedge</link:label>
    <link:label id="lab_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInOtherComprehensiveIncome_c055611a-0ece-47b2-ac9d-441b1ca8ecd6_terseLabel_en-US" xlink:label="lab_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variation in value recognized in other comprehensive income</link:label>
    <link:label id="lab_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInOtherComprehensiveIncome_019c8b65-2368-70bf-9a87-5bfd1c024c39_verboseLabel_en-US" xlink:label="lab_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Variation in the value recognized in Other comprehensive income</link:label>
    <link:label id="lab_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInOtherComprehensiveIncome_label_en-US" xlink:label="lab_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (loss) on hedge ineffectiveness recognised in other comprehensive income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInOtherComprehensiveIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInOtherComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInOtherComprehensiveIncome" xlink:to="lab_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInOtherComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DerivativesMember_410f35fc-141d-4b98-a119-444c6cce18d2_terseLabel_en-US" xlink:label="lab_ifrs-full_DerivativesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivatives</link:label>
    <link:label id="lab_ifrs-full_DerivativesMember_label_en-US" xlink:label="lab_ifrs-full_DerivativesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivatives [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DerivativesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DerivativesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DerivativesMember" xlink:to="lab_ifrs-full_DerivativesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IncomeFromInsuranceContractsAndPrivatePensions_9bd63360-39f7-406b-aa61-33cd644c5b9a_terseLabel_en-US" xlink:label="lab_itub_IncomeFromInsuranceContractsAndPrivatePensions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income from insurance contracts and private pension</link:label>
    <link:label id="lab_itub_IncomeFromInsuranceContractsAndPrivatePensions_label_en-US" xlink:label="lab_itub_IncomeFromInsuranceContractsAndPrivatePensions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income From Insurance Contracts And Private Pensions</link:label>
    <link:label id="lab_itub_IncomeFromInsuranceContractsAndPrivatePensions_documentation_en-US" xlink:label="lab_itub_IncomeFromInsuranceContractsAndPrivatePensions" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Income From Insurance Contracts And Private Pensions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IncomeFromInsuranceContractsAndPrivatePensions" xlink:href="itub-20251231.xsd#itub_IncomeFromInsuranceContractsAndPrivatePensions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IncomeFromInsuranceContractsAndPrivatePensions" xlink:to="lab_itub_IncomeFromInsuranceContractsAndPrivatePensions" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherEstimates_b961ade2-682e-4482-b92e-673c0ab1be65_terseLabel_en-US" xlink:label="lab_itub_OtherEstimates" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other estimates</link:label>
    <link:label id="lab_itub_OtherEstimates_label_en-US" xlink:label="lab_itub_OtherEstimates" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Estimates</link:label>
    <link:label id="lab_itub_OtherEstimates_documentation_en-US" xlink:label="lab_itub_OtherEstimates" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Estimates</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherEstimates" xlink:href="itub-20251231.xsd#itub_OtherEstimates"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherEstimates" xlink:to="lab_itub_OtherEstimates" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IncomeReceivableMember_b035004c-8b32-443d-bba8-2f4f0f7fcef3_terseLabel_en-US" xlink:label="lab_itub_IncomeReceivableMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income receivable</link:label>
    <link:label id="lab_itub_IncomeReceivableMember_label_en-US" xlink:label="lab_itub_IncomeReceivableMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Receivable [Member]</link:label>
    <link:label id="lab_itub_IncomeReceivableMember_documentation_en-US" xlink:label="lab_itub_IncomeReceivableMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Income Receivable [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IncomeReceivableMember" xlink:href="itub-20251231.xsd#itub_IncomeReceivableMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IncomeReceivableMember" xlink:to="lab_itub_IncomeReceivableMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfClaimsDevelopmentTableTextBlock_0e84d406-874c-40ec-8769-95e441bafdc3_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfClaimsDevelopmentTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Claims Development</link:label>
    <link:label id="lab_itub_ScheduleOfClaimsDevelopmentTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfClaimsDevelopmentTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Claims Development [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfClaimsDevelopmentTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfClaimsDevelopmentTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Claims Development</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfClaimsDevelopmentTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfClaimsDevelopmentTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfClaimsDevelopmentTableTextBlock" xlink:to="lab_itub_ScheduleOfClaimsDevelopmentTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_MajorBusinessCombinationMember_019c8b4d-1dfd-706d-aacd-e048b9f140be_terseLabel_en-US" xlink:label="lab_ifrs-full_MajorBusinessCombinationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Major business combination</link:label>
    <link:label id="lab_ifrs-full_MajorBusinessCombinationMember_label_en-US" xlink:label="lab_ifrs-full_MajorBusinessCombinationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Major business combination [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MajorBusinessCombinationMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MajorBusinessCombinationMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MajorBusinessCombinationMember" xlink:to="lab_ifrs-full_MajorBusinessCombinationMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfNetInvestmentInForeignOperationsTableTextBlock_0d5832b2-03e4-4507-9eba-d6bf397c8a95_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfNetInvestmentInForeignOperationsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Net Investment In Foreign Operations</link:label>
    <link:label id="lab_itub_ScheduleOfNetInvestmentInForeignOperationsTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfNetInvestmentInForeignOperationsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of net investment in foreign operations [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfNetInvestmentInForeignOperationsTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfNetInvestmentInForeignOperationsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of net investment in foreign operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfNetInvestmentInForeignOperationsTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfNetInvestmentInForeignOperationsTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfNetInvestmentInForeignOperationsTableTextBlock" xlink:to="lab_itub_ScheduleOfNetInvestmentInForeignOperationsTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherMember_4acd60d2-7263-43bb-b40e-a0150b7fb365_terseLabel_en-US" xlink:label="lab_itub_OtherMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_itub_OtherMember_label_en-US" xlink:label="lab_itub_OtherMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other [member]</link:label>
    <link:label id="lab_itub_OtherMember_documentation_en-US" xlink:label="lab_itub_OtherMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherMember" xlink:href="itub-20251231.xsd#itub_OtherMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherMember" xlink:to="lab_itub_OtherMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AdjustmentsOfOperationsCarriedOutOnFuturesSettlementMarketMember_e50efd6c-70bb-40be-82a8-a29b14281ce2_terseLabel_en-US" xlink:label="lab_itub_AdjustmentsOfOperationsCarriedOutOnFuturesSettlementMarketMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjustments of operations carried out on the futures settlement market</link:label>
    <link:label id="lab_itub_AdjustmentsOfOperationsCarriedOutOnFuturesSettlementMarketMember_label_en-US" xlink:label="lab_itub_AdjustmentsOfOperationsCarriedOutOnFuturesSettlementMarketMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments Of Operations Carried Out On Futures Settlement Market [Member]</link:label>
    <link:label id="lab_itub_AdjustmentsOfOperationsCarriedOutOnFuturesSettlementMarketMember_documentation_en-US" xlink:label="lab_itub_AdjustmentsOfOperationsCarriedOutOnFuturesSettlementMarketMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Adjustments Of Operations Carried Out On Futures Settlement Market [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AdjustmentsOfOperationsCarriedOutOnFuturesSettlementMarketMember" xlink:href="itub-20251231.xsd#itub_AdjustmentsOfOperationsCarriedOutOnFuturesSettlementMarketMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AdjustmentsOfOperationsCarriedOutOnFuturesSettlementMarketMember" xlink:to="lab_itub_AdjustmentsOfOperationsCarriedOutOnFuturesSettlementMarketMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember_553bf639-7f0f-4c9a-94e3-5008a76dfa71_terseLabel_en-US" xlink:label="lab_ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Conversion adjustments of foreign investments</link:label>
    <link:label id="lab_ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember_label_en-US" xlink:label="lab_ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reserve of exchange differences on translation [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" xlink:to="lab_ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_NonlinearRiskMember_1d2a44f7-4810-4312-9e03-5d8885358e5e_terseLabel_en-US" xlink:label="lab_itub_NonlinearRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Nonlinear</link:label>
    <link:label id="lab_itub_NonlinearRiskMember_label_en-US" xlink:label="lab_itub_NonlinearRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Nonlinear Risk [Member]</link:label>
    <link:label id="lab_itub_NonlinearRiskMember_documentation_en-US" xlink:label="lab_itub_NonlinearRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Nonlinear Risk [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_NonlinearRiskMember" xlink:href="itub-20251231.xsd#itub_NonlinearRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_NonlinearRiskMember" xlink:to="lab_itub_NonlinearRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ForwardsMember_5cc0ed90-e3cb-4f13-8970-9eeb37eaf7eb_terseLabel_en-US" xlink:label="lab_itub_ForwardsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Forward</link:label>
    <link:label id="lab_itub_ForwardsMember_label_en-US" xlink:label="lab_itub_ForwardsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Forwards [Member]</link:label>
    <link:label id="lab_itub_ForwardsMember_documentation_en-US" xlink:label="lab_itub_ForwardsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Forwards [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ForwardsMember" xlink:href="itub-20251231.xsd#itub_ForwardsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ForwardsMember" xlink:to="lab_itub_ForwardsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NewProvisionsOtherProvisions_dfdaf90f-11ad-45d8-94bc-846ad22c490d_verboseLabel_en-US" xlink:label="lab_ifrs-full_NewProvisionsOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Increase</link:label>
    <link:label id="lab_ifrs-full_NewProvisionsOtherProvisions_label_en-US" xlink:label="lab_ifrs-full_NewProvisionsOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">New provisions, other provisions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NewProvisionsOtherProvisions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NewProvisionsOtherProvisions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NewProvisionsOtherProvisions" xlink:to="lab_ifrs-full_NewProvisionsOtherProvisions" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_GainsLossesOnFinancialAssetsAtFairValuesThroughProfitOrLossClassifiedAsHeldForTrading_ac259034-33d2-40ae-911a-7da47d1e2b8b_terseLabel_en-US" xlink:label="lab_itub_GainsLossesOnFinancialAssetsAtFairValuesThroughProfitOrLossClassifiedAsHeldForTrading" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value adjustment</link:label>
    <link:label id="lab_itub_GainsLossesOnFinancialAssetsAtFairValuesThroughProfitOrLossClassifiedAsHeldForTrading_label_en-US" xlink:label="lab_itub_GainsLossesOnFinancialAssetsAtFairValuesThroughProfitOrLossClassifiedAsHeldForTrading" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated gain / (loss) reflected in income</link:label>
    <link:label id="lab_itub_GainsLossesOnFinancialAssetsAtFairValuesThroughProfitOrLossClassifiedAsHeldForTrading_documentation_en-US" xlink:label="lab_itub_GainsLossesOnFinancialAssetsAtFairValuesThroughProfitOrLossClassifiedAsHeldForTrading" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Accumulated gain / (loss) reflected in income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_GainsLossesOnFinancialAssetsAtFairValuesThroughProfitOrLossClassifiedAsHeldForTrading" xlink:href="itub-20251231.xsd#itub_GainsLossesOnFinancialAssetsAtFairValuesThroughProfitOrLossClassifiedAsHeldForTrading"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_GainsLossesOnFinancialAssetsAtFairValuesThroughProfitOrLossClassifiedAsHeldForTrading" xlink:to="lab_itub_GainsLossesOnFinancialAssetsAtFairValuesThroughProfitOrLossClassifiedAsHeldForTrading" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AdjustmentToFairValueOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeMember_8edaa9bb-5410-4cdf-b7ce-864dba6b5614_terseLabel_en-US" xlink:label="lab_itub_AdjustmentToFairValueOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjustment to fair value of financial assets - At fair value through other comprehensive income</link:label>
    <link:label id="lab_itub_AdjustmentToFairValueOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeMember_label_en-US" xlink:label="lab_itub_AdjustmentToFairValueOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustment To Fair Value Of Financial Assets At Fair Value Through Other Comprehensive Income [Member]</link:label>
    <link:label id="lab_itub_AdjustmentToFairValueOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeMember_documentation_en-US" xlink:label="lab_itub_AdjustmentToFairValueOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Adjustment To Fair Value Of Financial Assets At Fair Value Through Other Comprehensive Income [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AdjustmentToFairValueOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeMember" xlink:href="itub-20251231.xsd#itub_AdjustmentToFairValueOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AdjustmentToFairValueOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeMember" xlink:to="lab_itub_AdjustmentToFairValueOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherNoncurrentFinancialAssets_0ce0249a-5751-47e5-aae6-73a0353de1e1_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other non-current financial assets</link:label>
    <link:label id="lab_ifrs-full_OtherNoncurrentFinancialAssets_label_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other non-current financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherNoncurrentFinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherNoncurrentFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherNoncurrentFinancialAssets" xlink:to="lab_ifrs-full_OtherNoncurrentFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherFinancialAssetsAtAmortisedCost_e5f5ae5c-19e1-4895-8334-f12029a74ce2_terseLabel_en-US" xlink:label="lab_itub_OtherFinancialAssetsAtAmortisedCost" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">At amortized cost</link:label>
    <link:label id="lab_itub_OtherFinancialAssetsAtAmortisedCost_label_en-US" xlink:label="lab_itub_OtherFinancialAssetsAtAmortisedCost" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Financial Assets At Amortised Cost</link:label>
    <link:label id="lab_itub_OtherFinancialAssetsAtAmortisedCost_documentation_en-US" xlink:label="lab_itub_OtherFinancialAssetsAtAmortisedCost" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Financial Assets At Amortised Cost</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherFinancialAssetsAtAmortisedCost" xlink:href="itub-20251231.xsd#itub_OtherFinancialAssetsAtAmortisedCost"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherFinancialAssetsAtAmortisedCost" xlink:to="lab_itub_OtherFinancialAssetsAtAmortisedCost" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_GuaranteesByTypeAxis_d2b520ee-ca98-490b-b822-945e38f47f31_terseLabel_en-US" xlink:label="lab_itub_GuaranteesByTypeAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Guarantees By Type [Axis]</link:label>
    <link:label id="lab_itub_GuaranteesByTypeAxis_label_en-US" xlink:label="lab_itub_GuaranteesByTypeAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Guarantees By Type [Axis]</link:label>
    <link:label id="lab_itub_GuaranteesByTypeAxis_documentation_en-US" xlink:label="lab_itub_GuaranteesByTypeAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Guarantees By Type [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_GuaranteesByTypeAxis" xlink:href="itub-20251231.xsd#itub_GuaranteesByTypeAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_GuaranteesByTypeAxis" xlink:to="lab_itub_GuaranteesByTypeAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestMarginAndSimilarIncomeAndExpenses_08b21b20-530b-4578-a66b-3f3ce6799f91_terseLabel_en-US" xlink:label="lab_itub_InterestMarginAndSimilarIncomeAndExpenses" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest margin and similar income and expenses</link:label>
    <link:label id="lab_itub_InterestMarginAndSimilarIncomeAndExpenses_label_en-US" xlink:label="lab_itub_InterestMarginAndSimilarIncomeAndExpenses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Margin And Similar Income And Expenses</link:label>
    <link:label id="lab_itub_InterestMarginAndSimilarIncomeAndExpenses_documentation_en-US" xlink:label="lab_itub_InterestMarginAndSimilarIncomeAndExpenses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest Margin And Similar Income And Expenses</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestMarginAndSimilarIncomeAndExpenses" xlink:href="itub-20251231.xsd#itub_InterestMarginAndSimilarIncomeAndExpenses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestMarginAndSimilarIncomeAndExpenses" xlink:to="lab_itub_InterestMarginAndSimilarIncomeAndExpenses" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfShareCapitalAxis_78a717d4-62d7-46ce-be3c-f68788bb9f96_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfShareCapitalAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of share capital [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfShareCapitalAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfShareCapitalAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of share capital [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfShareCapitalAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfShareCapitalAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfShareCapitalAxis" xlink:to="lab_ifrs-full_ClassesOfShareCapitalAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesTable_99611ea0-f045-43b5-851f-fd965e1e5823_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of fair value measurement of liabilities [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of fair value measurement of liabilities [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesTable" xlink:to="lab_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AdjustmentToPresentValue_0c18a9a9-599f-4fa8-b3cf-120e627507fc_terseLabel_en-US" xlink:label="lab_itub_AdjustmentToPresentValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjustment to present value</link:label>
    <link:label id="lab_itub_AdjustmentToPresentValue_label_en-US" xlink:label="lab_itub_AdjustmentToPresentValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustment To Present Value</link:label>
    <link:label id="lab_itub_AdjustmentToPresentValue_documentation_en-US" xlink:label="lab_itub_AdjustmentToPresentValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Adjustment To Present Value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AdjustmentToPresentValue" xlink:href="itub-20251231.xsd#itub_AdjustmentToPresentValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AdjustmentToPresentValue" xlink:to="lab_itub_AdjustmentToPresentValue" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RetainedEarningsToBeDistributedOnProRataBasisToCommonAndPreferredEquityOwners_ebdefba5-16d6-47fa-940c-4515ffbd639f_terseLabel_en-US" xlink:label="lab_itub_RetainedEarningsToBeDistributedOnProRataBasisToCommonAndPreferredEquityOwners" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retained earnings to be distributed, on a pro rata basis, to common and preferred equity owners:</link:label>
    <link:label id="lab_itub_RetainedEarningsToBeDistributedOnProRataBasisToCommonAndPreferredEquityOwners_label_en-US" xlink:label="lab_itub_RetainedEarningsToBeDistributedOnProRataBasisToCommonAndPreferredEquityOwners" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retained Earnings To Be Distributed On Pro Rata Basis To Common And Preferred Equity Owners</link:label>
    <link:label id="lab_itub_RetainedEarningsToBeDistributedOnProRataBasisToCommonAndPreferredEquityOwners_documentation_en-US" xlink:label="lab_itub_RetainedEarningsToBeDistributedOnProRataBasisToCommonAndPreferredEquityOwners" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Retained Earnings To Be Distributed On Pro Rata Basis To Common And Preferred Equity Owners</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RetainedEarningsToBeDistributedOnProRataBasisToCommonAndPreferredEquityOwners" xlink:href="itub-20251231.xsd#itub_RetainedEarningsToBeDistributedOnProRataBasisToCommonAndPreferredEquityOwners"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RetainedEarningsToBeDistributedOnProRataBasisToCommonAndPreferredEquityOwners" xlink:to="lab_itub_RetainedEarningsToBeDistributedOnProRataBasisToCommonAndPreferredEquityOwners" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NumberOfInstrumentsThatAreAntidilutiveInPeriodPresented_019d6dca-2695-74e9-a1c9-de2b4fdd5adb_terseLabel_en-US" xlink:label="lab_ifrs-full_NumberOfInstrumentsThatAreAntidilutiveInPeriodPresented" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of instruments that are antidilutive in period presented (in shares)</link:label>
    <link:label id="lab_ifrs-full_NumberOfInstrumentsThatAreAntidilutiveInPeriodPresented_label_en-US" xlink:label="lab_ifrs-full_NumberOfInstrumentsThatAreAntidilutiveInPeriodPresented" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of instruments that are antidilutive in period presented</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NumberOfInstrumentsThatAreAntidilutiveInPeriodPresented" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfInstrumentsThatAreAntidilutiveInPeriodPresented"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfInstrumentsThatAreAntidilutiveInPeriodPresented" xlink:to="lab_ifrs-full_NumberOfInstrumentsThatAreAntidilutiveInPeriodPresented" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OnlendingDomesticMember_5a11495c-d89e-4512-ac20-fd097d26667e_terseLabel_en-US" xlink:label="lab_itub_OnlendingDomesticMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Onlending domestic</link:label>
    <link:label id="lab_itub_OnlendingDomesticMember_label_en-US" xlink:label="lab_itub_OnlendingDomesticMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Onlending Domestic [Member]</link:label>
    <link:label id="lab_itub_OnlendingDomesticMember_documentation_en-US" xlink:label="lab_itub_OnlendingDomesticMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Onlending Domestic [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OnlendingDomesticMember" xlink:href="itub-20251231.xsd#itub_OnlendingDomesticMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OnlendingDomesticMember" xlink:to="lab_itub_OnlendingDomesticMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Equity_4d7d008c-3ba7-436e-8045-9acc53b89aeb_totalLabel_en-US" xlink:label="lab_ifrs-full_Equity" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total stockholders&#8217; equity</link:label>
    <link:label id="lab_ifrs-full_Equity_f0b4bed2-af2a-49c9-81f5-f5842800890a_periodStartLabel_en-US" xlink:label="lab_ifrs-full_Equity" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Balance at the beginning of the year</link:label>
    <link:label id="lab_ifrs-full_Equity_161e5d39-9e68-426f-9bdf-58d32df5ae45_periodEndLabel_en-US" xlink:label="lab_ifrs-full_Equity" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Balance at the ending of the year</link:label>
    <link:label id="lab_ifrs-full_Equity_6a3568a4-e125-4c76-a5a3-ff49340f4144_terseLabel_en-US" xlink:label="lab_ifrs-full_Equity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity in earnings</link:label>
    <link:label id="lab_ifrs-full_Equity_label_en-US" xlink:label="lab_ifrs-full_Equity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Equity" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Equity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Equity" xlink:to="lab_ifrs-full_Equity" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DeductibilityOfLossInLoanOperations_f3bc7d78-ac04-467e-a9f4-3f18f8e81210_terseLabel_en-US" xlink:label="lab_itub_DeductibilityOfLossInLoanOperations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deductibility of loss in loan operations</link:label>
    <link:label id="lab_itub_DeductibilityOfLossInLoanOperations_label_en-US" xlink:label="lab_itub_DeductibilityOfLossInLoanOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deductibility Of Loss In Loan Operations</link:label>
    <link:label id="lab_itub_DeductibilityOfLossInLoanOperations_documentation_en-US" xlink:label="lab_itub_DeductibilityOfLossInLoanOperations" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deductibility Of Loss In Loan Operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DeductibilityOfLossInLoanOperations" xlink:href="itub-20251231.xsd#itub_DeductibilityOfLossInLoanOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DeductibilityOfLossInLoanOperations" xlink:to="lab_itub_DeductibilityOfLossInLoanOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_INSSMember_68563713-55e0-47d7-9d40-0dc61e126f6d_terseLabel_en-US" xlink:label="lab_itub_INSSMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">INSS</link:label>
    <link:label id="lab_itub_INSSMember_label_en-US" xlink:label="lab_itub_INSSMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">I N S S [Member]</link:label>
    <link:label id="lab_itub_INSSMember_documentation_en-US" xlink:label="lab_itub_INSSMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">I N S S [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_INSSMember" xlink:href="itub-20251231.xsd#itub_INSSMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_INSSMember" xlink:to="lab_itub_INSSMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_BiometricTablesIncrease_1e409bb7-d6f4-481c-8287-1d2cba3d25c7_terseLabel_en-US" xlink:label="lab_itub_BiometricTablesIncrease" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Biometric tables, increase</link:label>
    <link:label id="lab_itub_BiometricTablesIncrease_label_en-US" xlink:label="lab_itub_BiometricTablesIncrease" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Biometric tables, Increase</link:label>
    <link:label id="lab_itub_BiometricTablesIncrease_documentation_en-US" xlink:label="lab_itub_BiometricTablesIncrease" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Biometric tables, Increase</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_BiometricTablesIncrease" xlink:href="itub-20251231.xsd#itub_BiometricTablesIncrease"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_BiometricTablesIncrease" xlink:to="lab_itub_BiometricTablesIncrease" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestAndSimilarExpense_019d9891-83df-7675-917d-2433c055643c_negatedLabel_en-US" xlink:label="lab_itub_InterestAndSimilarExpense" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_itub_InterestAndSimilarExpense_label_en-US" xlink:label="lab_itub_InterestAndSimilarExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest And Similar Expense</link:label>
    <link:label id="lab_itub_InterestAndSimilarExpense_documentation_en-US" xlink:label="lab_itub_InterestAndSimilarExpense" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest And Similar Expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestAndSimilarExpense" xlink:href="itub-20251231.xsd#itub_InterestAndSimilarExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestAndSimilarExpense" xlink:to="lab_itub_InterestAndSimilarExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CdiPlusZeroPointSixFivePercentageMember_f145060b-cd8d-4130-8703-1351c461f017_terseLabel_en-US" xlink:label="lab_itub_CdiPlusZeroPointSixFivePercentageMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CDI + 0.65%</link:label>
    <link:label id="lab_itub_CdiPlusZeroPointSixFivePercentageMember_label_en-US" xlink:label="lab_itub_CdiPlusZeroPointSixFivePercentageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cdi Plus Zero Point Six Five Percentage [Member]</link:label>
    <link:label id="lab_itub_CdiPlusZeroPointSixFivePercentageMember_documentation_en-US" xlink:label="lab_itub_CdiPlusZeroPointSixFivePercentageMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cdi Plus Zero Point Six Five Percentage [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CdiPlusZeroPointSixFivePercentageMember" xlink:href="itub-20251231.xsd#itub_CdiPlusZeroPointSixFivePercentageMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CdiPlusZeroPointSixFivePercentageMember" xlink:to="lab_itub_CdiPlusZeroPointSixFivePercentageMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AbroadMember_31fadb0a-a846-443e-a2b3-690ef33ee269_terseLabel_en-US" xlink:label="lab_itub_AbroadMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Abroad</link:label>
    <link:label id="lab_itub_AbroadMember_label_en-US" xlink:label="lab_itub_AbroadMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Abroad [Member]</link:label>
    <link:label id="lab_itub_AbroadMember_documentation_en-US" xlink:label="lab_itub_AbroadMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Abroad [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AbroadMember" xlink:href="itub-20251231.xsd#itub_AbroadMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AbroadMember" xlink:to="lab_itub_AbroadMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SecuritisationExposuresInBankingBookMember_2df1dd7c-d425-4f60-8f79-4a7ce0d4f7b9_terseLabel_en-US" xlink:label="lab_itub_SecuritisationExposuresInBankingBookMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Securitization exposures in banking book</link:label>
    <link:label id="lab_itub_SecuritisationExposuresInBankingBookMember_label_en-US" xlink:label="lab_itub_SecuritisationExposuresInBankingBookMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Securitisation Exposures In Banking Book [Member]</link:label>
    <link:label id="lab_itub_SecuritisationExposuresInBankingBookMember_documentation_en-US" xlink:label="lab_itub_SecuritisationExposuresInBankingBookMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Securitisation Exposures In Banking Book [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SecuritisationExposuresInBankingBookMember" xlink:href="itub-20251231.xsd#itub_SecuritisationExposuresInBankingBookMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SecuritisationExposuresInBankingBookMember" xlink:to="lab_itub_SecuritisationExposuresInBankingBookMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ForeignMember_8249c701-821e-49aa-be52-7280db432388_terseLabel_en-US" xlink:label="lab_itub_ForeignMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign</link:label>
    <link:label id="lab_itub_ForeignMember_label_en-US" xlink:label="lab_itub_ForeignMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Foreign [Member]</link:label>
    <link:label id="lab_itub_ForeignMember_documentation_en-US" xlink:label="lab_itub_ForeignMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Foreign [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ForeignMember" xlink:href="itub-20251231.xsd#itub_ForeignMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ForeignMember" xlink:to="lab_itub_ForeignMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SevenPointFiveSixPercentageMember_019c7512-51b8-7519-9791-821c9aa83034_terseLabel_en-US" xlink:label="lab_itub_SevenPointFiveSixPercentageMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">7.56%</link:label>
    <link:label id="lab_itub_SevenPointFiveSixPercentageMember_label_en-US" xlink:label="lab_itub_SevenPointFiveSixPercentageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Seven Point Five Six Percentage [Member]</link:label>
    <link:label id="lab_itub_SevenPointFiveSixPercentageMember_documentation_en-US" xlink:label="lab_itub_SevenPointFiveSixPercentageMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Seven Point Five Six Percentage</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SevenPointFiveSixPercentageMember" xlink:href="itub-20251231.xsd#itub_SevenPointFiveSixPercentageMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SevenPointFiveSixPercentageMember" xlink:to="lab_itub_SevenPointFiveSixPercentageMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SwapsMember_598a4ee2-451e-4396-ba1b-04cb68d79fd6_terseLabel_en-US" xlink:label="lab_itub_SwapsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Swaps</link:label>
    <link:label id="lab_itub_SwapsMember_label_en-US" xlink:label="lab_itub_SwapsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Swaps [Member]</link:label>
    <link:label id="lab_itub_SwapsMember_documentation_en-US" xlink:label="lab_itub_SwapsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Swaps.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SwapsMember" xlink:href="itub-20251231.xsd#itub_SwapsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SwapsMember" xlink:to="lab_itub_SwapsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ThreeYearsBeforeReportingYearMember_44b63d39-7757-410b-8530-acbb22bb5501_terseLabel_en-US" xlink:label="lab_ifrs-full_ThreeYearsBeforeReportingYearMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">12/31/2022</link:label>
    <link:label id="lab_ifrs-full_ThreeYearsBeforeReportingYearMember_label_en-US" xlink:label="lab_ifrs-full_ThreeYearsBeforeReportingYearMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Three years before reporting year [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ThreeYearsBeforeReportingYearMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ThreeYearsBeforeReportingYearMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ThreeYearsBeforeReportingYearMember" xlink:to="lab_ifrs-full_ThreeYearsBeforeReportingYearMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_NumberOfCountriesCompanyOperatesIn_019dd29d-672a-7a55-98f4-97b20ab9aa35_terseLabel_en-US" xlink:label="lab_itub_NumberOfCountriesCompanyOperatesIn" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of countries</link:label>
    <link:label id="lab_itub_NumberOfCountriesCompanyOperatesIn_label_en-US" xlink:label="lab_itub_NumberOfCountriesCompanyOperatesIn" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Countries Company Operates In</link:label>
    <link:label id="lab_itub_NumberOfCountriesCompanyOperatesIn_documentation_en-US" xlink:label="lab_itub_NumberOfCountriesCompanyOperatesIn" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number Of Countries Company Operates In</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_NumberOfCountriesCompanyOperatesIn" xlink:href="itub-20251231.xsd#itub_NumberOfCountriesCompanyOperatesIn"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_NumberOfCountriesCompanyOperatesIn" xlink:to="lab_itub_NumberOfCountriesCompanyOperatesIn" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialsLiabilitiesAtFairValueThroughProfitOrLossCategoryMember_8f8aeb44-7b71-4374-b374-a6463b4735c0_terseLabel_en-US" xlink:label="lab_itub_FinancialsLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">At fair value through profit or loss</link:label>
    <link:label id="lab_itub_FinancialsLiabilitiesAtFairValueThroughProfitOrLossCategoryMember_label_en-US" xlink:label="lab_itub_FinancialsLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financials Liabilities At Fair Value Through Profit Or Loss Category [Member]</link:label>
    <link:label id="lab_itub_FinancialsLiabilitiesAtFairValueThroughProfitOrLossCategoryMember_documentation_en-US" xlink:label="lab_itub_FinancialsLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financials Liabilities At Fair Value Through Profit Or Loss Category [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialsLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" xlink:href="itub-20251231.xsd#itub_FinancialsLiabilitiesAtFairValueThroughProfitOrLossCategoryMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialsLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" xlink:to="lab_itub_FinancialsLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_BonusShareIssuanceOneMember_019d6a23-8d3e-78d8-bf15-af6dfe5b2b1d_terseLabel_en-US" xlink:label="lab_itub_BonusShareIssuanceOneMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bonus Share, Issuance One</link:label>
    <link:label id="lab_itub_BonusShareIssuanceOneMember_label_en-US" xlink:label="lab_itub_BonusShareIssuanceOneMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Bonus Share, Issuance One [Member]</link:label>
    <link:label id="lab_itub_BonusShareIssuanceOneMember_documentation_en-US" xlink:label="lab_itub_BonusShareIssuanceOneMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Bonus Share, Issuance One</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_BonusShareIssuanceOneMember" xlink:href="itub-20251231.xsd#itub_BonusShareIssuanceOneMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_BonusShareIssuanceOneMember" xlink:to="lab_itub_BonusShareIssuanceOneMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TecnologiaBancariaSAMember_fbfa4996-ea78-4e7a-889d-425b44e5ffee_terseLabel_en-US" xlink:label="lab_itub_TecnologiaBancariaSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Tecnologia Banc&#225;ria S.A.</link:label>
    <link:label id="lab_itub_TecnologiaBancariaSAMember_label_en-US" xlink:label="lab_itub_TecnologiaBancariaSAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tecnologia Bancaria S A [Member]</link:label>
    <link:label id="lab_itub_TecnologiaBancariaSAMember_documentation_en-US" xlink:label="lab_itub_TecnologiaBancariaSAMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tecnologia Bancaria S A [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TecnologiaBancariaSAMember" xlink:href="itub-20251231.xsd#itub_TecnologiaBancariaSAMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TecnologiaBancariaSAMember" xlink:to="lab_itub_TecnologiaBancariaSAMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_YearsOfInsuranceClaimAxis_572ec8be-4b11-48eb-bbfa-b3500d40fe2f_terseLabel_en-US" xlink:label="lab_ifrs-full_YearsOfInsuranceClaimAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Years of insurance claim [axis]</link:label>
    <link:label id="lab_ifrs-full_YearsOfInsuranceClaimAxis_label_en-US" xlink:label="lab_ifrs-full_YearsOfInsuranceClaimAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Years of insurance claim [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_YearsOfInsuranceClaimAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_YearsOfInsuranceClaimAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_YearsOfInsuranceClaimAxis" xlink:to="lab_ifrs-full_YearsOfInsuranceClaimAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InvestmentsFundQuotas_e9e1d519-ee73-4e45-9b66-a63d6bbda946_terseLabel_en-US" xlink:label="lab_itub_InvestmentsFundQuotas" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment fund quotas</link:label>
    <link:label id="lab_itub_InvestmentsFundQuotas_label_en-US" xlink:label="lab_itub_InvestmentsFundQuotas" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments Fund Quotas</link:label>
    <link:label id="lab_itub_InvestmentsFundQuotas_documentation_en-US" xlink:label="lab_itub_InvestmentsFundQuotas" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Investments Fund Quotas</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InvestmentsFundQuotas" xlink:href="itub-20251231.xsd#itub_InvestmentsFundQuotas"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InvestmentsFundQuotas" xlink:to="lab_itub_InvestmentsFundQuotas" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsExplanatory_4ba96b81-9096-450f-a340-834a33553a02_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule Of Financial Assets Subject To Offsetting, Enforceable Master Netting Arrangements And Similar Agreements</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of offsetting of financial assets [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOffsettingOfFinancialAssetsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfNotionalAmountOfPurchasedCreditDerivativesTableTextBlock_146eac1b-1e14-4c97-8d1d-84a12be90b0a_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfNotionalAmountOfPurchasedCreditDerivativesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule Of Notional Amount Of Purchased Credit Derivatives</link:label>
    <link:label id="lab_itub_ScheduleOfNotionalAmountOfPurchasedCreditDerivativesTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfNotionalAmountOfPurchasedCreditDerivativesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of notional amount of purchased credit derivatives [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfNotionalAmountOfPurchasedCreditDerivativesTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfNotionalAmountOfPurchasedCreditDerivativesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of notional amount of purchased credit derivatives</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfNotionalAmountOfPurchasedCreditDerivativesTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfNotionalAmountOfPurchasedCreditDerivativesTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfNotionalAmountOfPurchasedCreditDerivativesTableTextBlock" xlink:to="lab_itub_ScheduleOfNotionalAmountOfPurchasedCreditDerivativesTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Level2OfFairValueHierarchyMember_ca850690-90de-46b8-aac1-dc0379f1aca3_terseLabel_en-US" xlink:label="lab_ifrs-full_Level2OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Level 2</link:label>
    <link:label id="lab_ifrs-full_Level2OfFairValueHierarchyMember_label_en-US" xlink:label="lab_ifrs-full_Level2OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Level 2 of fair value hierarchy [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Level2OfFairValueHierarchyMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Level2OfFairValueHierarchyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Level2OfFairValueHierarchyMember" xlink:to="lab_ifrs-full_Level2OfFairValueHierarchyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_EstimateOfPresentValueOfFutureCashFlowsMember_e8e98c2d-3660-407f-b344-23fca442ab54_terseLabel_en-US" xlink:label="lab_itub_EstimateOfPresentValueOfFutureCashFlowsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Estimate of present value of future cash flows</link:label>
    <link:label id="lab_itub_EstimateOfPresentValueOfFutureCashFlowsMember_label_en-US" xlink:label="lab_itub_EstimateOfPresentValueOfFutureCashFlowsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Estimate Of Present Value Of Future Cash Flows [Member]</link:label>
    <link:label id="lab_itub_EstimateOfPresentValueOfFutureCashFlowsMember_documentation_en-US" xlink:label="lab_itub_EstimateOfPresentValueOfFutureCashFlowsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Estimate Of Present Value Of Future Cash Flows [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_EstimateOfPresentValueOfFutureCashFlowsMember" xlink:href="itub-20251231.xsd#itub_EstimateOfPresentValueOfFutureCashFlowsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_EstimateOfPresentValueOfFutureCashFlowsMember" xlink:to="lab_itub_EstimateOfPresentValueOfFutureCashFlowsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProfitLossAttributableToOwnersOfParent_e2cb16a3-e1b9-4aea-bdac-2f54cd2826e6_terseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net income attributable to owners of the parent company</link:label>
    <link:label id="lab_ifrs-full_ProfitLossAttributableToOwnersOfParent_c7b87beb-5b8f-41a0-be8a-ab6163b1594c_verboseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Net income attributable to owners of the parent company</link:label>
    <link:label id="lab_ifrs-full_ProfitLossAttributableToOwnersOfParent_08bee88b-babd-4739-b80d-74ba93562f26_netLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Net income</link:label>
    <link:label id="lab_ifrs-full_ProfitLossAttributableToOwnersOfParent_label_en-US" xlink:label="lab_ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit (loss), attributable to owners of parent</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLossAttributableToOwnersOfParent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:to="lab_ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SalesAndMarketingExpense_b143f9f3-dbb3-4bef-b451-098fecd692c4_negatedLabel_en-US" xlink:label="lab_ifrs-full_SalesAndMarketingExpense" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Advertising, promotions and publicity</link:label>
    <link:label id="lab_ifrs-full_SalesAndMarketingExpense_label_en-US" xlink:label="lab_ifrs-full_SalesAndMarketingExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sales and marketing expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SalesAndMarketingExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SalesAndMarketingExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SalesAndMarketingExpense" xlink:to="lab_ifrs-full_SalesAndMarketingExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FundsInTransitMember_7a8642b5-4402-4f0e-8fa6-586219d7f916_terseLabel_en-US" xlink:label="lab_itub_FundsInTransitMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Funds in transit</link:label>
    <link:label id="lab_itub_FundsInTransitMember_label_en-US" xlink:label="lab_itub_FundsInTransitMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Funds In Transit [Member]</link:label>
    <link:label id="lab_itub_FundsInTransitMember_documentation_en-US" xlink:label="lab_itub_FundsInTransitMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Funds In Transit [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FundsInTransitMember" xlink:href="itub-20251231.xsd#itub_FundsInTransitMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FundsInTransitMember" xlink:to="lab_itub_FundsInTransitMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfBreakdownOfFairValueHierarchyLevelsTableTextBlock_0ef23229-6fb3-450d-bd81-8a5eaa9a84ba_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfBreakdownOfFairValueHierarchyLevelsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Breakdown of Fair Value Hierarchy Levels</link:label>
    <link:label id="lab_itub_ScheduleOfBreakdownOfFairValueHierarchyLevelsTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfBreakdownOfFairValueHierarchyLevelsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Breakdown Of Fair Value Hierarchy Levels [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfBreakdownOfFairValueHierarchyLevelsTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfBreakdownOfFairValueHierarchyLevelsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Breakdown Of Fair Value Hierarchy Levels</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfBreakdownOfFairValueHierarchyLevelsTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfBreakdownOfFairValueHierarchyLevelsTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfBreakdownOfFairValueHierarchyLevelsTableTextBlock" xlink:to="lab_itub_ScheduleOfBreakdownOfFairValueHierarchyLevelsTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestOnCapitalGrossValuePerShare_2b537bf5-0263-48a7-a555-1ef09e504d5a_terseLabel_en-US" xlink:label="lab_itub_InterestOnCapitalGrossValuePerShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest on capital, gross value per share (in brl per share)</link:label>
    <link:label id="lab_itub_InterestOnCapitalGrossValuePerShare_label_en-US" xlink:label="lab_itub_InterestOnCapitalGrossValuePerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest On Capital, Gross Value Per Share</link:label>
    <link:label id="lab_itub_InterestOnCapitalGrossValuePerShare_documentation_en-US" xlink:label="lab_itub_InterestOnCapitalGrossValuePerShare" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest On Capital, Gross Value Per Share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestOnCapitalGrossValuePerShare" xlink:href="itub-20251231.xsd#itub_InterestOnCapitalGrossValuePerShare"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestOnCapitalGrossValuePerShare" xlink:to="lab_itub_InterestOnCapitalGrossValuePerShare" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfFairValuePerMaturityOfFinancialAssetsTableTextBlock_294d2a04-c1f5-4aaf-aaaf-33f0ddc8b4c7_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfFairValuePerMaturityOfFinancialAssetsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule Of Fair Value Per Maturity Of Financial Assets</link:label>
    <link:label id="lab_itub_ScheduleOfFairValuePerMaturityOfFinancialAssetsTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfFairValuePerMaturityOfFinancialAssetsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of fair value per maturity of financial assets [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfFairValuePerMaturityOfFinancialAssetsTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfFairValuePerMaturityOfFinancialAssetsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of fair value per maturity of financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfFairValuePerMaturityOfFinancialAssetsTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfFairValuePerMaturityOfFinancialAssetsTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfFairValuePerMaturityOfFinancialAssetsTableTextBlock" xlink:to="lab_itub_ScheduleOfFairValuePerMaturityOfFinancialAssetsTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CurrentFinancialAssetsAtCostThroughOtherComprehensiveIncomeSecurities_51821228-c597-48a1-b9bf-f21a7418afa0_terseLabel_en-US" xlink:label="lab_itub_CurrentFinancialAssetsAtCostThroughOtherComprehensiveIncomeSecurities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current gross book value</link:label>
    <link:label id="lab_itub_CurrentFinancialAssetsAtCostThroughOtherComprehensiveIncomeSecurities_label_en-US" xlink:label="lab_itub_CurrentFinancialAssetsAtCostThroughOtherComprehensiveIncomeSecurities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gross carrying amount</link:label>
    <link:label id="lab_itub_CurrentFinancialAssetsAtCostThroughOtherComprehensiveIncomeSecurities_documentation_en-US" xlink:label="lab_itub_CurrentFinancialAssetsAtCostThroughOtherComprehensiveIncomeSecurities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Gross carrying amount</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CurrentFinancialAssetsAtCostThroughOtherComprehensiveIncomeSecurities" xlink:href="itub-20251231.xsd#itub_CurrentFinancialAssetsAtCostThroughOtherComprehensiveIncomeSecurities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CurrentFinancialAssetsAtCostThroughOtherComprehensiveIncomeSecurities" xlink:to="lab_itub_CurrentFinancialAssetsAtCostThroughOtherComprehensiveIncomeSecurities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AssetsReceivedAsCollateralMember_c1621942-2c68-4cd8-8735-48935f59feea_terseLabel_en-US" xlink:label="lab_itub_AssetsReceivedAsCollateralMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets received as collateral</link:label>
    <link:label id="lab_itub_AssetsReceivedAsCollateralMember_label_en-US" xlink:label="lab_itub_AssetsReceivedAsCollateralMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets Received As Collateral [Member]</link:label>
    <link:label id="lab_itub_AssetsReceivedAsCollateralMember_documentation_en-US" xlink:label="lab_itub_AssetsReceivedAsCollateralMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Assets Received As Collateral [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AssetsReceivedAsCollateralMember" xlink:href="itub-20251231.xsd#itub_AssetsReceivedAsCollateralMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AssetsReceivedAsCollateralMember" xlink:to="lab_itub_AssetsReceivedAsCollateralMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowHedgesMember_3825b148-a758-47f9-8e0a-92106ba9a49a_terseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowHedgesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flow hedge</link:label>
    <link:label id="lab_ifrs-full_CashFlowHedgesMember_label_en-US" xlink:label="lab_ifrs-full_CashFlowHedgesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flow hedges [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowHedgesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowHedgesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowHedgesMember" xlink:to="lab_ifrs-full_CashFlowHedgesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfInstitutionalMarketDebtTableTextBlock_51ebcd2f-bcf7-4e7d-aa51-1aee3ae31142_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfInstitutionalMarketDebtTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Institutional Market Debt</link:label>
    <link:label id="lab_itub_ScheduleOfInstitutionalMarketDebtTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfInstitutionalMarketDebtTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Institutional Market Debt [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfInstitutionalMarketDebtTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfInstitutionalMarketDebtTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Institutional Market Debt</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfInstitutionalMarketDebtTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfInstitutionalMarketDebtTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfInstitutionalMarketDebtTableTextBlock" xlink:to="lab_itub_ScheduleOfInstitutionalMarketDebtTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PrivatePensions_b92ac64b-70ed-41bb-8ace-ebf89702f289_terseLabel_en-US" xlink:label="lab_itub_PrivatePensions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Private pension</link:label>
    <link:label id="lab_itub_PrivatePensions_label_en-US" xlink:label="lab_itub_PrivatePensions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Private Pensions</link:label>
    <link:label id="lab_itub_PrivatePensions_documentation_en-US" xlink:label="lab_itub_PrivatePensions" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Private Pensions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PrivatePensions" xlink:href="itub-20251231.xsd#itub_PrivatePensions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PrivatePensions" xlink:to="lab_itub_PrivatePensions" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss_3e808cf0-90e4-4422-842f-63a1fd55d718_totalLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">At Fair Value through Profit or Loss</link:label>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss_label_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial liabilities at fair value through profit or loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:to="lab_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PercentageOfAdjustedCapitalRatio_09a3989b-5512-4088-b53d-888cbf6cc8f3_terseLabel_en-US" xlink:label="lab_itub_PercentageOfAdjustedCapitalRatio" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of adjusted capital ratio</link:label>
    <link:label id="lab_itub_PercentageOfAdjustedCapitalRatio_label_en-US" xlink:label="lab_itub_PercentageOfAdjustedCapitalRatio" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Adjusted Capital Ratio</link:label>
    <link:label id="lab_itub_PercentageOfAdjustedCapitalRatio_documentation_en-US" xlink:label="lab_itub_PercentageOfAdjustedCapitalRatio" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage Of Adjusted Capital Ratio</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PercentageOfAdjustedCapitalRatio" xlink:href="itub-20251231.xsd#itub_PercentageOfAdjustedCapitalRatio"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PercentageOfAdjustedCapitalRatio" xlink:to="lab_itub_PercentageOfAdjustedCapitalRatio" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestsOnCapitalNet_de836be8-7162-4690-8509-14e21ac6ade8_terseLabel_en-US" xlink:label="lab_itub_InterestsOnCapitalNet" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest on capital, Net</link:label>
    <link:label id="lab_itub_InterestsOnCapitalNet_label_en-US" xlink:label="lab_itub_InterestsOnCapitalNet" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interests On Capital, Net</link:label>
    <link:label id="lab_itub_InterestsOnCapitalNet_documentation_en-US" xlink:label="lab_itub_InterestsOnCapitalNet" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interests On Capital, Net</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestsOnCapitalNet" xlink:href="itub-20251231.xsd#itub_InterestsOnCapitalNet"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestsOnCapitalNet" xlink:to="lab_itub_InterestsOnCapitalNet" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ImpactInStockholdersEquityInsuranceMember_4406e2fd-250e-4b0d-9fa6-caa8c722627d_terseLabel_en-US" xlink:label="lab_itub_ImpactInStockholdersEquityInsuranceMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Impact in Stockholders&#8217; Equity, Insurance</link:label>
    <link:label id="lab_itub_ImpactInStockholdersEquityInsuranceMember_label_en-US" xlink:label="lab_itub_ImpactInStockholdersEquityInsuranceMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Impact In Stockholders Equity Insurance [Member]</link:label>
    <link:label id="lab_itub_ImpactInStockholdersEquityInsuranceMember_documentation_en-US" xlink:label="lab_itub_ImpactInStockholdersEquityInsuranceMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Impact In Stockholders Equity Insurance [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ImpactInStockholdersEquityInsuranceMember" xlink:href="itub-20251231.xsd#itub_ImpactInStockholdersEquityInsuranceMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ImpactInStockholdersEquityInsuranceMember" xlink:to="lab_itub_ImpactInStockholdersEquityInsuranceMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DeferredTaxAssets_35a88b4f-0c5c-4f1d-9514-ecba85c500f1_periodStartLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxAssets" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance, deferred tax assets</link:label>
    <link:label id="lab_ifrs-full_DeferredTaxAssets_e49546da-6b1e-40e0-b5b2-8631a0600f0f_periodEndLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxAssets" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance, deferred tax assets</link:label>
    <link:label id="lab_ifrs-full_DeferredTaxAssets_bcfa3db4-e0e3-4f97-90bb-a81896304064_verboseLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Deferred income tax of asset</link:label>
    <link:label id="lab_ifrs-full_DeferredTaxAssets_019d988c-8eb9-7b02-b8ad-a287f4f41d07_totalLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxAssets" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_ifrs-full_DeferredTaxAssets_label_en-US" xlink:label="lab_ifrs-full_DeferredTaxAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred tax assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DeferredTaxAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DeferredTaxAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DeferredTaxAssets" xlink:to="lab_ifrs-full_DeferredTaxAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncontrollingInterestsMember_51de39ae-10d0-438a-bcf4-6e01e8d2e884_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncontrollingInterestsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total stockholders&#8217; equity &#8211; non-controlling interests</link:label>
    <link:label id="lab_ifrs-full_NoncontrollingInterestsMember_label_en-US" xlink:label="lab_ifrs-full_NoncontrollingInterestsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-controlling interests [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncontrollingInterestsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncontrollingInterestsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncontrollingInterestsMember" xlink:to="lab_ifrs-full_NoncontrollingInterestsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests_019da9cc-2415-73a4-9547-3e8439585d65_verboseLabel_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Comprehensive income attributable to non-controlling interests</link:label>
    <link:label id="lab_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests_label_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive income, attributable to non-controlling interests</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:to="lab_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ItauUnibancoHoldingMember_3c4bd47c-96c1-407b-80a1-06575450d015_terseLabel_en-US" xlink:label="lab_itub_ItauUnibancoHoldingMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Itau Unibanco Holding</link:label>
    <link:label id="lab_itub_ItauUnibancoHoldingMember_label_en-US" xlink:label="lab_itub_ItauUnibancoHoldingMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Itau Unibanco Holding [Member]</link:label>
    <link:label id="lab_itub_ItauUnibancoHoldingMember_documentation_en-US" xlink:label="lab_itub_ItauUnibancoHoldingMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Itau Unibanco Holding [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ItauUnibancoHoldingMember" xlink:href="itub-20251231.xsd#itub_ItauUnibancoHoldingMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ItauUnibancoHoldingMember" xlink:to="lab_itub_ItauUnibancoHoldingMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentAccountingStandard_22709f6c-eb41-4612-a2b3-ebfc0a0aad01_terseLabel_en-US" xlink:label="lab_dei_DocumentAccountingStandard" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Accounting Standard</link:label>
    <link:label id="lab_dei_DocumentAccountingStandard_label_en-US" xlink:label="lab_dei_DocumentAccountingStandard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Accounting Standard</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentAccountingStandard" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentAccountingStandard"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentAccountingStandard" xlink:to="lab_dei_DocumentAccountingStandard" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AnnualAmortizationRates_978f69bd-1fed-42d2-89aa-afdd3fab485e_terseLabel_en-US" xlink:label="lab_itub_AnnualAmortizationRates" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Annual amortization rates</link:label>
    <link:label id="lab_itub_AnnualAmortizationRates_label_en-US" xlink:label="lab_itub_AnnualAmortizationRates" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Annual Amortization Rates</link:label>
    <link:label id="lab_itub_AnnualAmortizationRates_documentation_en-US" xlink:label="lab_itub_AnnualAmortizationRates" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Annual Amortization Rates</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AnnualAmortizationRates" xlink:href="itub-20251231.xsd#itub_AnnualAmortizationRates"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AnnualAmortizationRates" xlink:to="lab_itub_AnnualAmortizationRates" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AdjustmentsForIncreaseDecreaseInProvision_a4f5efd3-f240-42c0-800f-ab23016d91b6_negatedLabel_en-US" xlink:label="lab_itub_AdjustmentsForIncreaseDecreaseInProvision" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Provisions</link:label>
    <link:label id="lab_itub_AdjustmentsForIncreaseDecreaseInProvision_label_en-US" xlink:label="lab_itub_AdjustmentsForIncreaseDecreaseInProvision" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments For Increase Decrease In Provision</link:label>
    <link:label id="lab_itub_AdjustmentsForIncreaseDecreaseInProvision_documentation_en-US" xlink:label="lab_itub_AdjustmentsForIncreaseDecreaseInProvision" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Adjustments For Increase Decrease In Provision</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AdjustmentsForIncreaseDecreaseInProvision" xlink:href="itub-20251231.xsd#itub_AdjustmentsForIncreaseDecreaseInProvision"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AdjustmentsForIncreaseDecreaseInProvision" xlink:to="lab_itub_AdjustmentsForIncreaseDecreaseInProvision" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DepreciationRatePropertyPlantAndEquipment_d0dc4ec8-6bf2-4956-a41b-9ee9e957353b_terseLabel_en-US" xlink:label="lab_ifrs-full_DepreciationRatePropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Annual depreciation rates</link:label>
    <link:label id="lab_ifrs-full_DepreciationRatePropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_DepreciationRatePropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Depreciation rate, property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DepreciationRatePropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DepreciationRatePropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DepreciationRatePropertyPlantAndEquipment" xlink:to="lab_ifrs-full_DepreciationRatePropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CreditCardsMember_f85a61c1-d486-4068-8ca3-7675ab7c67d9_terseLabel_en-US" xlink:label="lab_itub_CreditCardsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit card</link:label>
    <link:label id="lab_itub_CreditCardsMember_label_en-US" xlink:label="lab_itub_CreditCardsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Cards [Member]</link:label>
    <link:label id="lab_itub_CreditCardsMember_documentation_en-US" xlink:label="lab_itub_CreditCardsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Credit Cards [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CreditCardsMember" xlink:href="itub-20251231.xsd#itub_CreditCardsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CreditCardsMember" xlink:to="lab_itub_CreditCardsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TotalEstimatedRisk_19f413b3-c6a9-4724-b471-7343823ad0d6_terseLabel_en-US" xlink:label="lab_itub_TotalEstimatedRisk" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total estimated risk</link:label>
    <link:label id="lab_itub_TotalEstimatedRisk_label_en-US" xlink:label="lab_itub_TotalEstimatedRisk" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Estimated Risk</link:label>
    <link:label id="lab_itub_TotalEstimatedRisk_documentation_en-US" xlink:label="lab_itub_TotalEstimatedRisk" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total Estimated Risk</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TotalEstimatedRisk" xlink:href="itub-20251231.xsd#itub_TotalEstimatedRisk"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TotalEstimatedRisk" xlink:to="lab_itub_TotalEstimatedRisk" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfJointVenturesTable_c0da5961-afa4-4380-a8f2-e34e327c2867_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfJointVenturesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of joint ventures [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfJointVenturesTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfJointVenturesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of joint ventures [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfJointVenturesTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfJointVenturesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfJointVenturesTable" xlink:to="lab_ifrs-full_DisclosureOfJointVenturesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory_543df118-6040-40e7-a0c6-6a702113876a_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based payments</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for share-based payment transactions [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_GoodwillAndIntangibleAssetsAbstract_c12e3c24-4d93-4019-83df-deaf8e4c8c98_terseLabel_en-US" xlink:label="lab_itub_GoodwillAndIntangibleAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Goodwill And Intangible Assets</link:label>
    <link:label id="lab_itub_GoodwillAndIntangibleAssetsAbstract_label_en-US" xlink:label="lab_itub_GoodwillAndIntangibleAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill And Intangible Assets [Abstract]</link:label>
    <link:label id="lab_itub_GoodwillAndIntangibleAssetsAbstract_documentation_en-US" xlink:label="lab_itub_GoodwillAndIntangibleAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Goodwill And Intangible Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_GoodwillAndIntangibleAssetsAbstract" xlink:href="itub-20251231.xsd#itub_GoodwillAndIntangibleAssetsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_GoodwillAndIntangibleAssetsAbstract" xlink:to="lab_itub_GoodwillAndIntangibleAssetsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherFinancialLiabilitiesAtFairValueThroughProfitOrLossTotal_bf8e1927-ad2c-40e1-be29-5406a223bf8f_totalLabel_en-US" xlink:label="lab_itub_OtherFinancialLiabilitiesAtFairValueThroughProfitOrLossTotal" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Other financial liabilities at fair value through profit or loss, Total</link:label>
    <link:label id="lab_itub_OtherFinancialLiabilitiesAtFairValueThroughProfitOrLossTotal_label_en-US" xlink:label="lab_itub_OtherFinancialLiabilitiesAtFairValueThroughProfitOrLossTotal" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Financial Liabilities At Fair Value Through Profit Or Loss, Total</link:label>
    <link:label id="lab_itub_OtherFinancialLiabilitiesAtFairValueThroughProfitOrLossTotal_documentation_en-US" xlink:label="lab_itub_OtherFinancialLiabilitiesAtFairValueThroughProfitOrLossTotal" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Financial Liabilities At Fair Value Through Profit Or Loss, Total</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherFinancialLiabilitiesAtFairValueThroughProfitOrLossTotal" xlink:href="itub-20251231.xsd#itub_OtherFinancialLiabilitiesAtFairValueThroughProfitOrLossTotal"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherFinancialLiabilitiesAtFairValueThroughProfitOrLossTotal" xlink:to="lab_itub_OtherFinancialLiabilitiesAtFairValueThroughProfitOrLossTotal" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TenPointSixThreePercentageMember_bbfc17fe-bc04-4b70-bbb3-897658d37ee6_terseLabel_en-US" xlink:label="lab_itub_TenPointSixThreePercentageMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">10.63%</link:label>
    <link:label id="lab_itub_TenPointSixThreePercentageMember_label_en-US" xlink:label="lab_itub_TenPointSixThreePercentageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ten Point Six Three Percentage [Member]</link:label>
    <link:label id="lab_itub_TenPointSixThreePercentageMember_documentation_en-US" xlink:label="lab_itub_TenPointSixThreePercentageMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Ten Point Six Three Percentage [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TenPointSixThreePercentageMember" xlink:href="itub-20251231.xsd#itub_TenPointSixThreePercentageMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TenPointSixThreePercentageMember" xlink:to="lab_itub_TenPointSixThreePercentageMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ReferentialEquity_735f9288-ee86-4f2f-9219-8f11cb616d05_terseLabel_en-US" xlink:label="lab_itub_ReferentialEquity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total capital (PR)</link:label>
    <link:label id="lab_itub_ReferentialEquity_label_en-US" xlink:label="lab_itub_ReferentialEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total capital (PR)</link:label>
    <link:label id="lab_itub_ReferentialEquity_documentation_en-US" xlink:label="lab_itub_ReferentialEquity" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total capital (PR)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ReferentialEquity" xlink:href="itub-20251231.xsd#itub_ReferentialEquity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ReferentialEquity" xlink:to="lab_itub_ReferentialEquity" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfSensitivityOfDefinedBenefitObligationTableTextBlock_e70d47ee-5b63-40a7-93d7-3ae010c17e14_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfSensitivityOfDefinedBenefitObligationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Sensitivity of Defined Benefit Obligation</link:label>
    <link:label id="lab_itub_ScheduleOfSensitivityOfDefinedBenefitObligationTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfSensitivityOfDefinedBenefitObligationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Sensitivity of Defined Benefit Obligation [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfSensitivityOfDefinedBenefitObligationTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfSensitivityOfDefinedBenefitObligationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Sensitivity of Defined Benefit Obligation</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfSensitivityOfDefinedBenefitObligationTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfSensitivityOfDefinedBenefitObligationTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfSensitivityOfDefinedBenefitObligationTableTextBlock" xlink:to="lab_itub_ScheduleOfSensitivityOfDefinedBenefitObligationTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TwoThousandAndFortyMember_4d8e9eeb-5449-4e14-ac11-541315829aba_terseLabel_en-US" xlink:label="lab_itub_TwoThousandAndFortyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2040</link:label>
    <link:label id="lab_itub_TwoThousandAndFortyMember_label_en-US" xlink:label="lab_itub_TwoThousandAndFortyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Two Thousand And Forty [Member]</link:label>
    <link:label id="lab_itub_TwoThousandAndFortyMember_documentation_en-US" xlink:label="lab_itub_TwoThousandAndFortyMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Two Thousand And Forty [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TwoThousandAndFortyMember" xlink:href="itub-20251231.xsd#itub_TwoThousandAndFortyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TwoThousandAndFortyMember" xlink:to="lab_itub_TwoThousandAndFortyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PercentageInterestInTotalCapital_c3d8efdc-98cf-4a6c-b127-cbd34c61dea9_terseLabel_en-US" xlink:label="lab_itub_PercentageInterestInTotalCapital" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage interest in total capital</link:label>
    <link:label id="lab_itub_PercentageInterestInTotalCapital_label_en-US" xlink:label="lab_itub_PercentageInterestInTotalCapital" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Interest In Total Capital</link:label>
    <link:label id="lab_itub_PercentageInterestInTotalCapital_documentation_en-US" xlink:label="lab_itub_PercentageInterestInTotalCapital" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage Interest In Total Capital</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PercentageInterestInTotalCapital" xlink:href="itub-20251231.xsd#itub_PercentageInterestInTotalCapital"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PercentageInterestInTotalCapital" xlink:to="lab_itub_PercentageInterestInTotalCapital" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ReferringToAmounts_ee89d968-59d3-4d8c-a798-b75367079138_terseLabel_en-US" xlink:label="lab_itub_ReferringToAmounts" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Referring to amounts</link:label>
    <link:label id="lab_itub_ReferringToAmounts_label_en-US" xlink:label="lab_itub_ReferringToAmounts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Referring To Amounts</link:label>
    <link:label id="lab_itub_ReferringToAmounts_documentation_en-US" xlink:label="lab_itub_ReferringToAmounts" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Referring To Amounts</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ReferringToAmounts" xlink:href="itub-20251231.xsd#itub_ReferringToAmounts"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ReferringToAmounts" xlink:to="lab_itub_ReferringToAmounts" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsLineItems_90bc437e-8a86-44a0-8c2e-11cc86c83a0b_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about financial instruments [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about financial instruments [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:to="lab_ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfGrossCarryingAmountAndFairValueOfFinancialAssetsThroughOtherComprehensiveIncomeSecuritiesByMaturityTableTextBlock_5482e869-9a92-4b0d-9e9d-f770cc545fad_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfGrossCarryingAmountAndFairValueOfFinancialAssetsThroughOtherComprehensiveIncomeSecuritiesByMaturityTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Gross Carrying Amount and Fair Value of Financial Assets Through Other Comprehensive Income -Securities by Maturity</link:label>
    <link:label id="lab_itub_ScheduleOfGrossCarryingAmountAndFairValueOfFinancialAssetsThroughOtherComprehensiveIncomeSecuritiesByMaturityTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfGrossCarryingAmountAndFairValueOfFinancialAssetsThroughOtherComprehensiveIncomeSecuritiesByMaturityTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of gross carrying amount and fair value of financial assets through other comprehensive income -securities by maturity [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfGrossCarryingAmountAndFairValueOfFinancialAssetsThroughOtherComprehensiveIncomeSecuritiesByMaturityTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfGrossCarryingAmountAndFairValueOfFinancialAssetsThroughOtherComprehensiveIncomeSecuritiesByMaturityTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of gross carrying amount and fair value of financial assets through other comprehensive income -securities by maturity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfGrossCarryingAmountAndFairValueOfFinancialAssetsThroughOtherComprehensiveIncomeSecuritiesByMaturityTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfGrossCarryingAmountAndFairValueOfFinancialAssetsThroughOtherComprehensiveIncomeSecuritiesByMaturityTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfGrossCarryingAmountAndFairValueOfFinancialAssetsThroughOtherComprehensiveIncomeSecuritiesByMaturityTableTextBlock" xlink:to="lab_itub_ScheduleOfGrossCarryingAmountAndFairValueOfFinancialAssetsThroughOtherComprehensiveIncomeSecuritiesByMaturityTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PurchaseOfFinancialAssetsAtAmortisedCost_94e2ae88-c964-4ef1-8a4f-e57e942964b6_negatedLabel_en-US" xlink:label="lab_itub_PurchaseOfFinancialAssetsAtAmortisedCost" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">(Purchase) / Sale and Termination of intangible asset agreements</link:label>
    <link:label id="lab_itub_PurchaseOfFinancialAssetsAtAmortisedCost_label_en-US" xlink:label="lab_itub_PurchaseOfFinancialAssetsAtAmortisedCost" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">PurchaseOfFinancialAssetsAtAmortisedCost</link:label>
    <link:label id="lab_itub_PurchaseOfFinancialAssetsAtAmortisedCost_documentation_en-US" xlink:label="lab_itub_PurchaseOfFinancialAssetsAtAmortisedCost" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">PurchaseOfFinancialAssetsAtAmortisedCost</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PurchaseOfFinancialAssetsAtAmortisedCost" xlink:href="itub-20251231.xsd#itub_PurchaseOfFinancialAssetsAtAmortisedCost"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PurchaseOfFinancialAssetsAtAmortisedCost" xlink:to="lab_itub_PurchaseOfFinancialAssetsAtAmortisedCost" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DividendsAndInterestOnShareholderEquityPayable_a31a6456-516f-476e-8bc1-8646924854ce_terseLabel_en-US" xlink:label="lab_itub_DividendsAndInterestOnShareholderEquityPayable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total, Net</link:label>
    <link:label id="lab_itub_DividendsAndInterestOnShareholderEquityPayable_label_en-US" xlink:label="lab_itub_DividendsAndInterestOnShareholderEquityPayable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total, Net</link:label>
    <link:label id="lab_itub_DividendsAndInterestOnShareholderEquityPayable_documentation_en-US" xlink:label="lab_itub_DividendsAndInterestOnShareholderEquityPayable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total, Net</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DividendsAndInterestOnShareholderEquityPayable" xlink:href="itub-20251231.xsd#itub_DividendsAndInterestOnShareholderEquityPayable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DividendsAndInterestOnShareholderEquityPayable" xlink:to="lab_itub_DividendsAndInterestOnShareholderEquityPayable" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfHedgeInstrumentsTableTextBlock_c7c8bf72-857f-41da-af3a-cca537f64b4f_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfHedgeInstrumentsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Hedge Instruments</link:label>
    <link:label id="lab_itub_ScheduleOfHedgeInstrumentsTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfHedgeInstrumentsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of hedge instruments [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfHedgeInstrumentsTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfHedgeInstrumentsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of hedge instruments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfHedgeInstrumentsTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfHedgeInstrumentsTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfHedgeInstrumentsTableTextBlock" xlink:to="lab_itub_ScheduleOfHedgeInstrumentsTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DerivativeFinancialAssets_0e791098-7193-4b96-917a-e756e4f71912_terseLabel_en-US" xlink:label="lab_ifrs-full_DerivativeFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivatives</link:label>
    <link:label id="lab_ifrs-full_DerivativeFinancialAssets_ed7014ed-f227-46b2-8521-d010f6222c07_verboseLabel_en-US" xlink:label="lab_ifrs-full_DerivativeFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:label id="lab_ifrs-full_DerivativeFinancialAssets_b5ecd7c8-1daf-4d16-b569-c7a71ca49646_periodStartLabel_en-US" xlink:label="lab_ifrs-full_DerivativeFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Derivatives assets, beginning balance</link:label>
    <link:label id="lab_ifrs-full_DerivativeFinancialAssets_1438ba6f-2f7d-4c70-9ecc-ab3cea711a66_periodEndLabel_en-US" xlink:label="lab_ifrs-full_DerivativeFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Derivatives assets, ending balance</link:label>
    <link:label id="lab_ifrs-full_DerivativeFinancialAssets_label_en-US" xlink:label="lab_ifrs-full_DerivativeFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DerivativeFinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DerivativeFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DerivativeFinancialAssets" xlink:to="lab_ifrs-full_DerivativeFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PessimisticScenarioMember_1461bfd4-c248-4f1b-a9a2-779f307b0aa7_terseLabel_en-US" xlink:label="lab_itub_PessimisticScenarioMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Pessimistic scenario</link:label>
    <link:label id="lab_itub_PessimisticScenarioMember_label_en-US" xlink:label="lab_itub_PessimisticScenarioMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Pessimistic Scenario [Member]</link:label>
    <link:label id="lab_itub_PessimisticScenarioMember_documentation_en-US" xlink:label="lab_itub_PessimisticScenarioMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Pessimistic Scenario [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PessimisticScenarioMember" xlink:href="itub-20251231.xsd#itub_PessimisticScenarioMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PessimisticScenarioMember" xlink:to="lab_itub_PessimisticScenarioMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CorporateBorrowersMember_019d6ad9-8a03-7ade-8b51-376301603b97_terseLabel_en-US" xlink:label="lab_itub_CorporateBorrowersMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Corporate Borrowers</link:label>
    <link:label id="lab_itub_CorporateBorrowersMember_label_en-US" xlink:label="lab_itub_CorporateBorrowersMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Corporate Borrowers [Member]</link:label>
    <link:label id="lab_itub_CorporateBorrowersMember_documentation_en-US" xlink:label="lab_itub_CorporateBorrowersMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Corporate Borrowers</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CorporateBorrowersMember" xlink:href="itub-20251231.xsd#itub_CorporateBorrowersMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CorporateBorrowersMember" xlink:to="lab_itub_CorporateBorrowersMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_BancoINVESTCREDUnibancoS.A.Member_019c9427-365a-79c8-843b-c9feb5055e98_terseLabel_en-US" xlink:label="lab_itub_BancoINVESTCREDUnibancoS.A.Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Banco INVESTCRED Unibanco S.A.</link:label>
    <link:label id="lab_itub_BancoINVESTCREDUnibancoS.A.Member_label_en-US" xlink:label="lab_itub_BancoINVESTCREDUnibancoS.A.Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Banco INVESTCRED Unibanco S.A. [Member]</link:label>
    <link:label id="lab_itub_BancoINVESTCREDUnibancoS.A.Member_documentation_en-US" xlink:label="lab_itub_BancoINVESTCREDUnibancoS.A.Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Banco INVESTCRED Unibanco S.A.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_BancoINVESTCREDUnibancoS.A.Member" xlink:href="itub-20251231.xsd#itub_BancoINVESTCREDUnibancoS.A.Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_BancoINVESTCREDUnibancoS.A.Member" xlink:to="lab_itub_BancoINVESTCREDUnibancoS.A.Member" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_StructuredNoteMember_69d7847b-ba63-4613-af04-6cfc07dc9fd9_terseLabel_en-US" xlink:label="lab_itub_StructuredNoteMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Structured notes</link:label>
    <link:label id="lab_itub_StructuredNoteMember_label_en-US" xlink:label="lab_itub_StructuredNoteMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Structured Note [Member]</link:label>
    <link:label id="lab_itub_StructuredNoteMember_documentation_en-US" xlink:label="lab_itub_StructuredNoteMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Structured Note [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_StructuredNoteMember" xlink:href="itub-20251231.xsd#itub_StructuredNoteMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_StructuredNoteMember" xlink:to="lab_itub_StructuredNoteMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_GeneralModelBbaInsurance_4f25e674-83ef-46d6-b00e-0bb4b81cd1f2_terseLabel_en-US" xlink:label="lab_itub_GeneralModelBbaInsurance" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">lnsurance</link:label>
    <link:label id="lab_itub_GeneralModelBbaInsurance_label_en-US" xlink:label="lab_itub_GeneralModelBbaInsurance" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">lnsurance</link:label>
    <link:label id="lab_itub_GeneralModelBbaInsurance_documentation_en-US" xlink:label="lab_itub_GeneralModelBbaInsurance" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">lnsurance</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_GeneralModelBbaInsurance" xlink:href="itub-20251231.xsd#itub_GeneralModelBbaInsurance"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_GeneralModelBbaInsurance" xlink:to="lab_itub_GeneralModelBbaInsurance" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsExplanatory_b59071af-fe0e-402b-aaa7-69a140257d6e_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Each Strategy of Nominal Value and Fair Value Adjustments of Hedge Instruments and Book Value of Hedged Item</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about hedged items [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialLiabilitiesTable_5e4360aa-518f-4d8e-b78b-668e42554e2a_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialLiabilitiesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of financial liabilities [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialLiabilitiesTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialLiabilitiesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of financial liabilities [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialLiabilitiesTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialLiabilitiesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialLiabilitiesTable" xlink:to="lab_ifrs-full_DisclosureOfFinancialLiabilitiesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CajaDeValoresDelParaguayS.A.Member_019c90c9-ff82-7acc-a74c-116809ad867c_terseLabel_en-US" xlink:label="lab_itub_CajaDeValoresDelParaguayS.A.Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Caja de Valores Del Paraguay S.A.</link:label>
    <link:label id="lab_itub_CajaDeValoresDelParaguayS.A.Member_label_en-US" xlink:label="lab_itub_CajaDeValoresDelParaguayS.A.Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Caja de Valores Del Paraguay S.A. [Member]</link:label>
    <link:label id="lab_itub_CajaDeValoresDelParaguayS.A.Member_documentation_en-US" xlink:label="lab_itub_CajaDeValoresDelParaguayS.A.Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Caja de Valores Del Paraguay S.A.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CajaDeValoresDelParaguayS.A.Member" xlink:href="itub-20251231.xsd#itub_CajaDeValoresDelParaguayS.A.Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CajaDeValoresDelParaguayS.A.Member" xlink:to="lab_itub_CajaDeValoresDelParaguayS.A.Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedTable_78854e0b-f3fe-4273-aa6d-0b094b598077_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of financial assets that are either past due or impaired [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of financial assets that are either past due or impaired [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedTable" xlink:to="lab_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedTable" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeSecuritiesTextBlock_8558fce5-cf63-446d-9718-ade3e59aab43_terseLabel_en-US" xlink:label="lab_itub_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeSecuritiesTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Securities at fair value through other comprehensive income (FVOCI)</link:label>
    <link:label id="lab_itub_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeSecuritiesTextBlock_label_en-US" xlink:label="lab_itub_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeSecuritiesTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets at fair value through other comprehensive income - Securities [Text Block]</link:label>
    <link:label id="lab_itub_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeSecuritiesTextBlock_documentation_en-US" xlink:label="lab_itub_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeSecuritiesTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial assets at fair value through other comprehensive income - Securities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeSecuritiesTextBlock" xlink:href="itub-20251231.xsd#itub_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeSecuritiesTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeSecuritiesTextBlock" xlink:to="lab_itub_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeSecuritiesTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GeographicalAreasAxis_f485431a-2e41-4cef-8434-b990915b36c0_terseLabel_en-US" xlink:label="lab_ifrs-full_GeographicalAreasAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Geographical areas [axis]</link:label>
    <link:label id="lab_ifrs-full_GeographicalAreasAxis_label_en-US" xlink:label="lab_ifrs-full_GeographicalAreasAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Geographical areas [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GeographicalAreasAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GeographicalAreasAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GeographicalAreasAxis" xlink:to="lab_ifrs-full_GeographicalAreasAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ClaimsRatesIncrease_d69ab074-cea6-4499-87a1-d3b7ca5010dc_terseLabel_en-US" xlink:label="lab_itub_ClaimsRatesIncrease" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Claims rates, increase</link:label>
    <link:label id="lab_itub_ClaimsRatesIncrease_label_en-US" xlink:label="lab_itub_ClaimsRatesIncrease" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Claims Rates, Increase</link:label>
    <link:label id="lab_itub_ClaimsRatesIncrease_documentation_en-US" xlink:label="lab_itub_ClaimsRatesIncrease" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Claims Rates, Increase</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ClaimsRatesIncrease" xlink:href="itub-20251231.xsd#itub_ClaimsRatesIncrease"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ClaimsRatesIncrease" xlink:to="lab_itub_ClaimsRatesIncrease" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterbankMarketFundFinancingCurrent_019d4455-5855-71bd-bebe-db87b736ba8e_terseLabel_en-US" xlink:label="lab_itub_InterbankMarketFundFinancingCurrent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current</link:label>
    <link:label id="lab_itub_InterbankMarketFundFinancingCurrent_label_en-US" xlink:label="lab_itub_InterbankMarketFundFinancingCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interbank Market Fund Financing, Current</link:label>
    <link:label id="lab_itub_InterbankMarketFundFinancingCurrent_documentation_en-US" xlink:label="lab_itub_InterbankMarketFundFinancingCurrent" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interbank Market Fund Financing, Current</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterbankMarketFundFinancingCurrent" xlink:href="itub-20251231.xsd#itub_InterbankMarketFundFinancingCurrent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterbankMarketFundFinancingCurrent" xlink:to="lab_itub_InterbankMarketFundFinancingCurrent" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CureTo12MonthExpectedCreditLossesMember_019d6b07-089b-706b-bf15-5cb5a6fc567b_terseLabel_en-US" xlink:label="lab_itub_CureTo12MonthExpectedCreditLossesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cure to Stage 1</link:label>
    <link:label id="lab_itub_CureTo12MonthExpectedCreditLossesMember_label_en-US" xlink:label="lab_itub_CureTo12MonthExpectedCreditLossesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cure To 12-month Expected Credit Losses [Member]</link:label>
    <link:label id="lab_itub_CureTo12MonthExpectedCreditLossesMember_documentation_en-US" xlink:label="lab_itub_CureTo12MonthExpectedCreditLossesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cure To 12-month Expected Credit Losses</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CureTo12MonthExpectedCreditLossesMember" xlink:href="itub-20251231.xsd#itub_CureTo12MonthExpectedCreditLossesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CureTo12MonthExpectedCreditLossesMember" xlink:to="lab_itub_CureTo12MonthExpectedCreditLossesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialLiabilitiesMember_019c8b05-859c-7eaf-a26a-95bc984d750d_terseLabel_en-US" xlink:label="lab_itub_FinancialLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial liabilities</link:label>
    <link:label id="lab_itub_FinancialLiabilitiesMember_label_en-US" xlink:label="lab_itub_FinancialLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Liabilities [Member]</link:label>
    <link:label id="lab_itub_FinancialLiabilitiesMember_documentation_en-US" xlink:label="lab_itub_FinancialLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialLiabilitiesMember" xlink:href="itub-20251231.xsd#itub_FinancialLiabilitiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialLiabilitiesMember" xlink:to="lab_itub_FinancialLiabilitiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_HedgeOfFirmCommitmentsMember_986165c8-309b-442c-8419-2adee5f597ed_terseLabel_en-US" xlink:label="lab_itub_HedgeOfFirmCommitmentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hedge of firm commitments</link:label>
    <link:label id="lab_itub_HedgeOfFirmCommitmentsMember_label_en-US" xlink:label="lab_itub_HedgeOfFirmCommitmentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedge Of Firm Commitments [Member]</link:label>
    <link:label id="lab_itub_HedgeOfFirmCommitmentsMember_documentation_en-US" xlink:label="lab_itub_HedgeOfFirmCommitmentsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Hedge Of Firm Commitments [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_HedgeOfFirmCommitmentsMember" xlink:href="itub-20251231.xsd#itub_HedgeOfFirmCommitmentsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_HedgeOfFirmCommitmentsMember" xlink:to="lab_itub_HedgeOfFirmCommitmentsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AdjustmentsForForeignExchangeGainsLosses_9ca8c285-660f-4c97-b6d1-f1d8cbd67a63_verboseLabel_en-US" xlink:label="lab_itub_AdjustmentsForForeignExchangeGainsLosses" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Results from foreign exchange operation</link:label>
    <link:label id="lab_itub_AdjustmentsForForeignExchangeGainsLosses_label_en-US" xlink:label="lab_itub_AdjustmentsForForeignExchangeGainsLosses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments For Foreign Exchange Gains Losses</link:label>
    <link:label id="lab_itub_AdjustmentsForForeignExchangeGainsLosses_documentation_en-US" xlink:label="lab_itub_AdjustmentsForForeignExchangeGainsLosses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Adjustments For Foreign Exchange Gains Losses</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AdjustmentsForForeignExchangeGainsLosses" xlink:href="itub-20251231.xsd#itub_AdjustmentsForForeignExchangeGainsLosses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AdjustmentsForForeignExchangeGainsLosses" xlink:to="lab_itub_AdjustmentsForForeignExchangeGainsLosses" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AmountRecognizedInStockholdersEquity_1f633be6-77b0-4e70-8529-8d197cb83e22_terseLabel_en-US" xlink:label="lab_itub_AmountRecognizedInStockholdersEquity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amount recognized in stockholders' equity - other comprehensive income (5+6+7)</link:label>
    <link:label id="lab_itub_AmountRecognizedInStockholdersEquity_label_en-US" xlink:label="lab_itub_AmountRecognizedInStockholdersEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amount Recognized In Stockholders Equity</link:label>
    <link:label id="lab_itub_AmountRecognizedInStockholdersEquity_documentation_en-US" xlink:label="lab_itub_AmountRecognizedInStockholdersEquity" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount Recognized In Stockholders Equity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AmountRecognizedInStockholdersEquity" xlink:href="itub-20251231.xsd#itub_AmountRecognizedInStockholdersEquity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AmountRecognizedInStockholdersEquity" xlink:to="lab_itub_AmountRecognizedInStockholdersEquity" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InstitutionalMarketDebts_ba517b21-c56e-4175-bb32-14c78d6711bb_terseLabel_en-US" xlink:label="lab_itub_InstitutionalMarketDebts" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Institutional market funds</link:label>
    <link:label id="lab_itub_InstitutionalMarketDebts_label_en-US" xlink:label="lab_itub_InstitutionalMarketDebts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Institutional Market Debts</link:label>
    <link:label id="lab_itub_InstitutionalMarketDebts_documentation_en-US" xlink:label="lab_itub_InstitutionalMarketDebts" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Institutional Market Debts</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InstitutionalMarketDebts" xlink:href="itub-20251231.xsd#itub_InstitutionalMarketDebts"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InstitutionalMarketDebts" xlink:to="lab_itub_InstitutionalMarketDebts" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_After4Years_44192ce8-c6f1-4696-ab36-4259a8c2935d_terseLabel_en-US" xlink:label="lab_itub_After4Years" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">After 4 years</link:label>
    <link:label id="lab_itub_After4Years_label_en-US" xlink:label="lab_itub_After4Years" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">After 4 Years</link:label>
    <link:label id="lab_itub_After4Years_documentation_en-US" xlink:label="lab_itub_After4Years" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">After 4 Years</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_After4Years" xlink:href="itub-20251231.xsd#itub_After4Years"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_After4Years" xlink:to="lab_itub_After4Years" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DeferredIncomeTaxAndSocialContributionExpenseBenefit_15a21fa8-f84a-4561-900a-a493e7b1e1a7_negatedLabel_en-US" xlink:label="lab_itub_DeferredIncomeTaxAndSocialContributionExpenseBenefit" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">(Expenses) / income from deferred taxes</link:label>
    <link:label id="lab_itub_DeferredIncomeTaxAndSocialContributionExpenseBenefit_label_en-US" xlink:label="lab_itub_DeferredIncomeTaxAndSocialContributionExpenseBenefit" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Income Tax And Social Contribution Expense Benefit</link:label>
    <link:label id="lab_itub_DeferredIncomeTaxAndSocialContributionExpenseBenefit_documentation_en-US" xlink:label="lab_itub_DeferredIncomeTaxAndSocialContributionExpenseBenefit" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Income Tax And Social Contribution Expense Benefit</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DeferredIncomeTaxAndSocialContributionExpenseBenefit" xlink:href="itub-20251231.xsd#itub_DeferredIncomeTaxAndSocialContributionExpenseBenefit"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DeferredIncomeTaxAndSocialContributionExpenseBenefit" xlink:to="lab_itub_DeferredIncomeTaxAndSocialContributionExpenseBenefit" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SegmentsDomain_17f49cd4-d8f1-45d5-a250-4c194f6ec4bf_terseLabel_en-US" xlink:label="lab_ifrs-full_SegmentsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Segments [domain]</link:label>
    <link:label id="lab_ifrs-full_SegmentsDomain_label_en-US" xlink:label="lab_ifrs-full_SegmentsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segments [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SegmentsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SegmentsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SegmentsDomain" xlink:to="lab_ifrs-full_SegmentsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashAndCashEquivalents_295685ff-a11c-41ae-97be-b312b2d9235c_periodStartLabel_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents at the beginning of the period</link:label>
    <link:label id="lab_ifrs-full_CashAndCashEquivalents_30b693ec-ebbf-4501-977c-4a3f0bc5fdfb_periodEndLabel_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents at the end of the period</link:label>
    <link:label id="lab_ifrs-full_CashAndCashEquivalents_label_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashAndCashEquivalents" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashAndCashEquivalents"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashAndCashEquivalents" xlink:to="lab_ifrs-full_CashAndCashEquivalents" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SharesDesignedAtFVOCIMember_019c8e62-dd5f-7abe-9808-4caf0f52ac4e_terseLabel_en-US" xlink:label="lab_itub_SharesDesignedAtFVOCIMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shares (designated at FVOCI)</link:label>
    <link:label id="lab_itub_SharesDesignedAtFVOCIMember_label_en-US" xlink:label="lab_itub_SharesDesignedAtFVOCIMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Shares (designed at FVOCI) [Member]</link:label>
    <link:label id="lab_itub_SharesDesignedAtFVOCIMember_documentation_en-US" xlink:label="lab_itub_SharesDesignedAtFVOCIMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Shares (designed at FVOCI)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SharesDesignedAtFVOCIMember" xlink:href="itub-20251231.xsd#itub_SharesDesignedAtFVOCIMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SharesDesignedAtFVOCIMember" xlink:to="lab_itub_SharesDesignedAtFVOCIMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems_6844d0cd-764a-4da5-b3af-38c3391991e8_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of non-adjusting events after reporting period [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of non-adjusting events after reporting period [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PurchaseOfDerivativeLiabilities_f635bfe3-0ab4-41b1-b492-350c00687d0d_verboseLabel_en-US" xlink:label="lab_itub_PurchaseOfDerivativeLiabilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Derivatives - liabilities, Purchases</link:label>
    <link:label id="lab_itub_PurchaseOfDerivativeLiabilities_label_en-US" xlink:label="lab_itub_PurchaseOfDerivativeLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchase Of Derivative Liabilities</link:label>
    <link:label id="lab_itub_PurchaseOfDerivativeLiabilities_documentation_en-US" xlink:label="lab_itub_PurchaseOfDerivativeLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Purchase Of Derivative Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PurchaseOfDerivativeLiabilities" xlink:href="itub-20251231.xsd#itub_PurchaseOfDerivativeLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PurchaseOfDerivativeLiabilities" xlink:to="lab_itub_PurchaseOfDerivativeLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ExpectedCreditLossIncome_019c8e70-4ad6-794a-82a4-5ada24f29196_terseLabel_en-US" xlink:label="lab_itub_ExpectedCreditLossIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expected credit loss (Income)</link:label>
    <link:label id="lab_itub_ExpectedCreditLossIncome_label_en-US" xlink:label="lab_itub_ExpectedCreditLossIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expected credit loss (Income)</link:label>
    <link:label id="lab_itub_ExpectedCreditLossIncome_documentation_en-US" xlink:label="lab_itub_ExpectedCreditLossIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Expected credit loss (Income)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ExpectedCreditLossIncome" xlink:href="itub-20251231.xsd#itub_ExpectedCreditLossIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ExpectedCreditLossIncome" xlink:to="lab_itub_ExpectedCreditLossIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinanceIncomeOnNetInvestmentInFinanceLease_6b70c0ca-23ad-43d5-9b16-2fa2e9642556_terseLabel_en-US" xlink:label="lab_ifrs-full_FinanceIncomeOnNetInvestmentInFinanceLease" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loan operations and other credits</link:label>
    <link:label id="lab_ifrs-full_FinanceIncomeOnNetInvestmentInFinanceLease_label_en-US" xlink:label="lab_ifrs-full_FinanceIncomeOnNetInvestmentInFinanceLease" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finance income on net investment in finance lease</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinanceIncomeOnNetInvestmentInFinanceLease" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinanceIncomeOnNetInvestmentInFinanceLease"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinanceIncomeOnNetInvestmentInFinanceLease" xlink:to="lab_ifrs-full_FinanceIncomeOnNetInvestmentInFinanceLease" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfEntitysOwnEquityInstrumentsDomain_f92c5fa3-fcc9-4ed7-b85d-b7a836c0d5d6_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfEntitysOwnEquityInstrumentsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of entity's own equity instruments [domain]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfEntitysOwnEquityInstrumentsDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfEntitysOwnEquityInstrumentsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of entity's own equity instruments [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfEntitysOwnEquityInstrumentsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfEntitysOwnEquityInstrumentsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfEntitysOwnEquityInstrumentsDomain" xlink:to="lab_ifrs-full_ClassesOfEntitysOwnEquityInstrumentsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ThreePointEightEightPercentageMember_cad8c0cb-07c6-4c49-9ff6-dc7c243f5d3a_terseLabel_en-US" xlink:label="lab_itub_ThreePointEightEightPercentageMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">3.88%</link:label>
    <link:label id="lab_itub_ThreePointEightEightPercentageMember_label_en-US" xlink:label="lab_itub_ThreePointEightEightPercentageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Three Point Eight Eight Percentage [Member]</link:label>
    <link:label id="lab_itub_ThreePointEightEightPercentageMember_documentation_en-US" xlink:label="lab_itub_ThreePointEightEightPercentageMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Three Point Eight Eight Percentage [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ThreePointEightEightPercentageMember" xlink:href="itub-20251231.xsd#itub_ThreePointEightEightPercentageMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ThreePointEightEightPercentageMember" xlink:to="lab_itub_ThreePointEightEightPercentageMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BusinessCombinationsAxis_003a2c8f-da0d-4ac1-8a35-91f0f6474fc4_terseLabel_en-US" xlink:label="lab_ifrs-full_BusinessCombinationsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business combinations [axis]</link:label>
    <link:label id="lab_ifrs-full_BusinessCombinationsAxis_label_en-US" xlink:label="lab_ifrs-full_BusinessCombinationsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business combinations [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BusinessCombinationsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BusinessCombinationsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BusinessCombinationsAxis" xlink:to="lab_ifrs-full_BusinessCombinationsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Provisions_2a77cc54-4664-47a1-9342-75a590945a23_terseLabel_en-US" xlink:label="lab_ifrs-full_Provisions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Provisions</link:label>
    <link:label id="lab_ifrs-full_Provisions_39b9fab0-55e0-48db-9e1f-6fe8d2cf54ba_periodStartLabel_en-US" xlink:label="lab_ifrs-full_Provisions" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Opening balance - 01/01</link:label>
    <link:label id="lab_ifrs-full_Provisions_26cd4efd-66e8-4865-90df-01698c19e7f2_periodEndLabel_en-US" xlink:label="lab_ifrs-full_Provisions" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Closing balance</link:label>
    <link:label id="lab_ifrs-full_Provisions_label_en-US" xlink:label="lab_ifrs-full_Provisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Provisions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Provisions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Provisions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Provisions" xlink:to="lab_ifrs-full_Provisions" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherFinancialLiabilitiesAtAmortisedCostTotal_cd1049f7-eb7d-4fda-ae14-833d00ee40c3_terseLabel_en-US" xlink:label="lab_itub_OtherFinancialLiabilitiesAtAmortisedCostTotal" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other financial liabilities at amortised cost, Total</link:label>
    <link:label id="lab_itub_OtherFinancialLiabilitiesAtAmortisedCostTotal_label_en-US" xlink:label="lab_itub_OtherFinancialLiabilitiesAtAmortisedCostTotal" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Financial Liabilities At Amortised Cost, Total</link:label>
    <link:label id="lab_itub_OtherFinancialLiabilitiesAtAmortisedCostTotal_documentation_en-US" xlink:label="lab_itub_OtherFinancialLiabilitiesAtAmortisedCostTotal" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Financial Liabilities At Amortised Cost, Total</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherFinancialLiabilitiesAtAmortisedCostTotal" xlink:href="itub-20251231.xsd#itub_OtherFinancialLiabilitiesAtAmortisedCostTotal"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherFinancialLiabilitiesAtAmortisedCostTotal" xlink:to="lab_itub_OtherFinancialLiabilitiesAtAmortisedCostTotal" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_VaRCalculationConfidenceLevelPercentage_8f873268-8cbd-44c5-9279-2b056be4e116_terseLabel_en-US" xlink:label="lab_itub_VaRCalculationConfidenceLevelPercentage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">VaR calculation confidence level percentage</link:label>
    <link:label id="lab_itub_VaRCalculationConfidenceLevelPercentage_label_en-US" xlink:label="lab_itub_VaRCalculationConfidenceLevelPercentage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">VaR Calculation Confidence Level Percentage</link:label>
    <link:label id="lab_itub_VaRCalculationConfidenceLevelPercentage_documentation_en-US" xlink:label="lab_itub_VaRCalculationConfidenceLevelPercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">VaR Calculation Confidence Level Percentage</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_VaRCalculationConfidenceLevelPercentage" xlink:href="itub-20251231.xsd#itub_VaRCalculationConfidenceLevelPercentage"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_VaRCalculationConfidenceLevelPercentage" xlink:to="lab_itub_VaRCalculationConfidenceLevelPercentage" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IncomeTax_0c9b5b70-30d0-4c5d-b74c-9a1c67c22077_terseLabel_en-US" xlink:label="lab_itub_IncomeTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income tax</link:label>
    <link:label id="lab_itub_IncomeTax_label_en-US" xlink:label="lab_itub_IncomeTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax</link:label>
    <link:label id="lab_itub_IncomeTax_documentation_en-US" xlink:label="lab_itub_IncomeTax" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Income Tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IncomeTax" xlink:href="itub-20251231.xsd#itub_IncomeTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IncomeTax" xlink:to="lab_itub_IncomeTax" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_NoncurrentFinancialAssetsAtCostThroughOtherComprehensiveIncomeSecurities_875cd4a9-f440-4713-8c68-c46d596255b5_terseLabel_en-US" xlink:label="lab_itub_NoncurrentFinancialAssetsAtCostThroughOtherComprehensiveIncomeSecurities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-current gross book value</link:label>
    <link:label id="lab_itub_NoncurrentFinancialAssetsAtCostThroughOtherComprehensiveIncomeSecurities_label_en-US" xlink:label="lab_itub_NoncurrentFinancialAssetsAtCostThroughOtherComprehensiveIncomeSecurities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current gross carrying amount</link:label>
    <link:label id="lab_itub_NoncurrentFinancialAssetsAtCostThroughOtherComprehensiveIncomeSecurities_documentation_en-US" xlink:label="lab_itub_NoncurrentFinancialAssetsAtCostThroughOtherComprehensiveIncomeSecurities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Non-current gross carrying amount</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_NoncurrentFinancialAssetsAtCostThroughOtherComprehensiveIncomeSecurities" xlink:href="itub-20251231.xsd#itub_NoncurrentFinancialAssetsAtCostThroughOtherComprehensiveIncomeSecurities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_NoncurrentFinancialAssetsAtCostThroughOtherComprehensiveIncomeSecurities" xlink:to="lab_itub_NoncurrentFinancialAssetsAtCostThroughOtherComprehensiveIncomeSecurities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LowerRiskMember_b4df8548-0ebd-4df4-a6ae-c93d9bc4a37c_terseLabel_en-US" xlink:label="lab_itub_LowerRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Low</link:label>
    <link:label id="lab_itub_LowerRiskMember_label_en-US" xlink:label="lab_itub_LowerRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lower Risk [Member]</link:label>
    <link:label id="lab_itub_LowerRiskMember_documentation_en-US" xlink:label="lab_itub_LowerRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Lower Risk [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LowerRiskMember" xlink:href="itub-20251231.xsd#itub_LowerRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LowerRiskMember" xlink:to="lab_itub_LowerRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CostOfCurrentService_cfd275bf-dfe9-4138-b837-8b52fe63cff4_terseLabel_en-US" xlink:label="lab_itub_CostOfCurrentService" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">1 - Cost of current service</link:label>
    <link:label id="lab_itub_CostOfCurrentService_label_en-US" xlink:label="lab_itub_CostOfCurrentService" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cost Of Current Service</link:label>
    <link:label id="lab_itub_CostOfCurrentService_documentation_en-US" xlink:label="lab_itub_CostOfCurrentService" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cost Of Current Service</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CostOfCurrentService" xlink:href="itub-20251231.xsd#itub_CostOfCurrentService"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CostOfCurrentService" xlink:to="lab_itub_CostOfCurrentService" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CounterpartyCreditRiskAxis_ac349c07-d363-4298-914e-f44c16b143be_terseLabel_en-US" xlink:label="lab_itub_CounterpartyCreditRiskAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Counterparty Credit Risk [Axis]</link:label>
    <link:label id="lab_itub_CounterpartyCreditRiskAxis_label_en-US" xlink:label="lab_itub_CounterpartyCreditRiskAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Counterparty Credit Risk [Axis]</link:label>
    <link:label id="lab_itub_CounterpartyCreditRiskAxis_documentation_en-US" xlink:label="lab_itub_CounterpartyCreditRiskAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Counterparty Credit Risk [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CounterpartyCreditRiskAxis" xlink:href="itub-20251231.xsd#itub_CounterpartyCreditRiskAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CounterpartyCreditRiskAxis" xlink:to="lab_itub_CounterpartyCreditRiskAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfAttributionOfExpensesByNatureToTheirFunctionTable_633a0195-73d3-4bdc-8674-ae1d29a04dcb_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfAttributionOfExpensesByNatureToTheirFunctionTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of attribution of expenses by nature to their function [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfAttributionOfExpensesByNatureToTheirFunctionTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfAttributionOfExpensesByNatureToTheirFunctionTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of attribution of expenses by nature to their function [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfAttributionOfExpensesByNatureToTheirFunctionTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfAttributionOfExpensesByNatureToTheirFunctionTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfAttributionOfExpensesByNatureToTheirFunctionTable" xlink:to="lab_ifrs-full_DisclosureOfAttributionOfExpensesByNatureToTheirFunctionTable" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_MicroSmallAndMediumCompaniesAndCorporatesMember_8e0eca0d-2df5-43fd-9ec1-11a7e991d679_terseLabel_en-US" xlink:label="lab_itub_MicroSmallAndMediumCompaniesAndCorporatesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Companies</link:label>
    <link:label id="lab_itub_MicroSmallAndMediumCompaniesAndCorporatesMember_label_en-US" xlink:label="lab_itub_MicroSmallAndMediumCompaniesAndCorporatesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Micro Small And Medium Companies And Corporates [Member]</link:label>
    <link:label id="lab_itub_MicroSmallAndMediumCompaniesAndCorporatesMember_documentation_en-US" xlink:label="lab_itub_MicroSmallAndMediumCompaniesAndCorporatesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Micro Small And Medium Companies And Corporates [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_MicroSmallAndMediumCompaniesAndCorporatesMember" xlink:href="itub-20251231.xsd#itub_MicroSmallAndMediumCompaniesAndCorporatesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_MicroSmallAndMediumCompaniesAndCorporatesMember" xlink:to="lab_itub_MicroSmallAndMediumCompaniesAndCorporatesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation_0822e9d6-db81-4ced-b7d8-558daec1fa67_terseLabel_en-US" xlink:label="lab_ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Inflation</link:label>
    <link:label id="lab_ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation_label_en-US" xlink:label="lab_ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Actuarial assumption of expected rates of inflation</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation" xlink:to="lab_ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PresentValueOfDeferredTaxAssets_0feee5de-05a6-4e08-a85e-b0efaeea3dfb_terseLabel_en-US" xlink:label="lab_itub_PresentValueOfDeferredTaxAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Present value of total</link:label>
    <link:label id="lab_itub_PresentValueOfDeferredTaxAssets_label_en-US" xlink:label="lab_itub_PresentValueOfDeferredTaxAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Present Value Of Deferred Tax Assets</link:label>
    <link:label id="lab_itub_PresentValueOfDeferredTaxAssets_documentation_en-US" xlink:label="lab_itub_PresentValueOfDeferredTaxAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Present Value Of Deferred Tax Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PresentValueOfDeferredTaxAssets" xlink:href="itub-20251231.xsd#itub_PresentValueOfDeferredTaxAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PresentValueOfDeferredTaxAssets" xlink:to="lab_itub_PresentValueOfDeferredTaxAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FundingFromStructuredOperationsCertificatesMember_19a8d4ff-0098-4092-909e-2a4ae7a4b570_terseLabel_en-US" xlink:label="lab_itub_FundingFromStructuredOperationsCertificatesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Funding from structured operations certificates</link:label>
    <link:label id="lab_itub_FundingFromStructuredOperationsCertificatesMember_label_en-US" xlink:label="lab_itub_FundingFromStructuredOperationsCertificatesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Funding From Structured Operations Certificates [Member]</link:label>
    <link:label id="lab_itub_FundingFromStructuredOperationsCertificatesMember_documentation_en-US" xlink:label="lab_itub_FundingFromStructuredOperationsCertificatesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Funding From Structured Operations Certificates [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FundingFromStructuredOperationsCertificatesMember" xlink:href="itub-20251231.xsd#itub_FundingFromStructuredOperationsCertificatesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FundingFromStructuredOperationsCertificatesMember" xlink:to="lab_itub_FundingFromStructuredOperationsCertificatesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InterestRateRiskMember_019c8b0e-df98-7dca-80df-7d08a056b5da_verboseLabel_en-US" xlink:label="lab_ifrs-full_InterestRateRiskMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Interest rate risk</link:label>
    <link:label id="lab_ifrs-full_InterestRateRiskMember_599db1cd-aca5-4e95-9bd5-8a0c47707c24_terseLabel_en-US" xlink:label="lab_ifrs-full_InterestRateRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest rates</link:label>
    <link:label id="lab_ifrs-full_InterestRateRiskMember_label_en-US" xlink:label="lab_ifrs-full_InterestRateRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest rate risk [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestRateRiskMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestRateRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestRateRiskMember" xlink:to="lab_ifrs-full_InterestRateRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AcquisitionOfTreasuryShares_9e0964ff-a3aa-4986-9f04-a07b50b5d1a9_terseLabel_en-US" xlink:label="lab_itub_AcquisitionOfTreasuryShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquisition of treasury shares (in shares)</link:label>
    <link:label id="lab_itub_AcquisitionOfTreasuryShares_label_en-US" xlink:label="lab_itub_AcquisitionOfTreasuryShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Acquisition Of Treasury Shares</link:label>
    <link:label id="lab_itub_AcquisitionOfTreasuryShares_documentation_en-US" xlink:label="lab_itub_AcquisitionOfTreasuryShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Acquisition Of Treasury Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AcquisitionOfTreasuryShares" xlink:href="itub-20251231.xsd#itub_AcquisitionOfTreasuryShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AcquisitionOfTreasuryShares" xlink:to="lab_itub_AcquisitionOfTreasuryShares" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_UnderCollateralizedAssetsCarryingValueOfTheAssets_fac15ee5-ab04-43d0-affd-3b123a519d2f_terseLabel_en-US" xlink:label="lab_itub_UnderCollateralizedAssetsCarryingValueOfTheAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Under-collateralized assets, Carrying value of the assets</link:label>
    <link:label id="lab_itub_UnderCollateralizedAssetsCarryingValueOfTheAssets_label_en-US" xlink:label="lab_itub_UnderCollateralizedAssetsCarryingValueOfTheAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Under-Collateralized Assets, Carrying Value Of The Assets</link:label>
    <link:label id="lab_itub_UnderCollateralizedAssetsCarryingValueOfTheAssets_documentation_en-US" xlink:label="lab_itub_UnderCollateralizedAssetsCarryingValueOfTheAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Under-Collateralized Assets, Carrying Value Of The Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_UnderCollateralizedAssetsCarryingValueOfTheAssets" xlink:href="itub-20251231.xsd#itub_UnderCollateralizedAssetsCarryingValueOfTheAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_UnderCollateralizedAssetsCarryingValueOfTheAssets" xlink:to="lab_itub_UnderCollateralizedAssetsCarryingValueOfTheAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanFiveYearsMember_c6fb804a-90cc-4255-b6b7-1e9602a6de23_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Over 5 years</link:label>
    <link:label id="lab_ifrs-full_LaterThanFiveYearsMember_a85946ba-3ae2-4928-9005-ed42cf2d2e45_verboseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">After 2030</link:label>
    <link:label id="lab_ifrs-full_LaterThanFiveYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than five years [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanFiveYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanFiveYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanFiveYearsMember" xlink:to="lab_ifrs-full_LaterThanFiveYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfFinancialAssetsDomain_fe6f42ee-9f4f-471a-a3b2-67b6dd88c235_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of financial assets [domain]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfFinancialAssetsDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of financial assets [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfFinancialAssetsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfFinancialAssetsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfFinancialAssetsDomain" xlink:to="lab_ifrs-full_ClassesOfFinancialAssetsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DeferredTaxLiabilitiesPercentage_58a9118d-d5f5-4778-a500-0d045d170abf_terseLabel_en-US" xlink:label="lab_itub_DeferredTaxLiabilitiesPercentage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax liabilities, percentage</link:label>
    <link:label id="lab_itub_DeferredTaxLiabilitiesPercentage_label_en-US" xlink:label="lab_itub_DeferredTaxLiabilitiesPercentage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Liabilities, Percentage</link:label>
    <link:label id="lab_itub_DeferredTaxLiabilitiesPercentage_documentation_en-US" xlink:label="lab_itub_DeferredTaxLiabilitiesPercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Tax Liabilities, Percentage</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DeferredTaxLiabilitiesPercentage" xlink:href="itub-20251231.xsd#itub_DeferredTaxLiabilitiesPercentage"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DeferredTaxLiabilitiesPercentage" xlink:to="lab_itub_DeferredTaxLiabilitiesPercentage" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfAnalysisOfPresentValueOfMinimumFuturePaymentsReceivableFromFinanceLeasesByMaturityTableTextBlock_f5e8ae68-da12-44ff-a69c-537827cd5143_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfAnalysisOfPresentValueOfMinimumFuturePaymentsReceivableFromFinanceLeasesByMaturityTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Analysis of Present Value of Minimum Future Payments Receivable from Finance Leases by Maturity</link:label>
    <link:label id="lab_itub_ScheduleOfAnalysisOfPresentValueOfMinimumFuturePaymentsReceivableFromFinanceLeasesByMaturityTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfAnalysisOfPresentValueOfMinimumFuturePaymentsReceivableFromFinanceLeasesByMaturityTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Analysis Of Present Value Of Minimum Future Payments Receivable From Finance Leases By Maturity [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfAnalysisOfPresentValueOfMinimumFuturePaymentsReceivableFromFinanceLeasesByMaturityTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfAnalysisOfPresentValueOfMinimumFuturePaymentsReceivableFromFinanceLeasesByMaturityTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Analysis Of Present Value Of Minimum Future Payments Receivable From Finance Leases By Maturity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfAnalysisOfPresentValueOfMinimumFuturePaymentsReceivableFromFinanceLeasesByMaturityTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfAnalysisOfPresentValueOfMinimumFuturePaymentsReceivableFromFinanceLeasesByMaturityTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfAnalysisOfPresentValueOfMinimumFuturePaymentsReceivableFromFinanceLeasesByMaturityTableTextBlock" xlink:to="lab_itub_ScheduleOfAnalysisOfPresentValueOfMinimumFuturePaymentsReceivableFromFinanceLeasesByMaturityTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillTable_3f09415a-79eb-4e32-b576-92723d4c663c_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of reconciliation of changes in intangible assets and goodwill [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of reconciliation of changes in intangible assets and goodwill [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillTable" xlink:to="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillTable" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InstitutionalMarketFunds_baef623c-e12c-46d9-bffb-55f19aaa523e_verboseLabel_en-US" xlink:label="lab_itub_InstitutionalMarketFunds" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Institutional market funds</link:label>
    <link:label id="lab_itub_InstitutionalMarketFunds_label_en-US" xlink:label="lab_itub_InstitutionalMarketFunds" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Institutional Market Funds</link:label>
    <link:label id="lab_itub_InstitutionalMarketFunds_documentation_en-US" xlink:label="lab_itub_InstitutionalMarketFunds" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Institutional Market Funds</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InstitutionalMarketFunds" xlink:href="itub-20251231.xsd#itub_InstitutionalMarketFunds"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InstitutionalMarketFunds" xlink:to="lab_itub_InstitutionalMarketFunds" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InterestExpenseOnLeaseLiabilities_fe00a9f1-e1ad-4083-91fa-e2b8fbb64a4c_negatedLabel_en-US" xlink:label="lab_ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Interest expenses</link:label>
    <link:label id="lab_ifrs-full_InterestExpenseOnLeaseLiabilities_label_en-US" xlink:label="lab_ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest expense on lease liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestExpenseOnLeaseLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:to="lab_ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CureFromStageThreeAllowanceAccountForCreditLossesOfFinancialAssets_019dabfa-b484-7fe5-9a68-f4c967895ccd_verboseLabel_en-US" xlink:label="lab_itub_CureFromStageThreeAllowanceAccountForCreditLossesOfFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Cure from Stage 3</link:label>
    <link:label id="lab_itub_CureFromStageThreeAllowanceAccountForCreditLossesOfFinancialAssets_label_en-US" xlink:label="lab_itub_CureFromStageThreeAllowanceAccountForCreditLossesOfFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cure From Stage Three Allowance Account For Credit Losses Of Financial Assets</link:label>
    <link:label id="lab_itub_CureFromStageThreeAllowanceAccountForCreditLossesOfFinancialAssets_documentation_en-US" xlink:label="lab_itub_CureFromStageThreeAllowanceAccountForCreditLossesOfFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cure From Stage Three Allowance Account For Credit Losses Of Financial Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CureFromStageThreeAllowanceAccountForCreditLossesOfFinancialAssets" xlink:href="itub-20251231.xsd#itub_CureFromStageThreeAllowanceAccountForCreditLossesOfFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CureFromStageThreeAllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="lab_itub_CureFromStageThreeAllowanceAccountForCreditLossesOfFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ImpairmentOfFinancialAssetsAxis_6cbdb1ed-48ba-4bcc-8a71-bdc90fefff6b_terseLabel_en-US" xlink:label="lab_ifrs-full_ImpairmentOfFinancialAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Impairment of financial assets [axis]</link:label>
    <link:label id="lab_ifrs-full_ImpairmentOfFinancialAssetsAxis_label_en-US" xlink:label="lab_ifrs-full_ImpairmentOfFinancialAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Impairment of financial assets [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ImpairmentOfFinancialAssetsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ImpairmentOfFinancialAssetsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ImpairmentOfFinancialAssetsAxis" xlink:to="lab_ifrs-full_ImpairmentOfFinancialAssetsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_WeightedAverageOfRemainingContractualLifeYears_6414807b-dabb-4b5a-9861-71f23e105988_terseLabel_en-US" xlink:label="lab_itub_WeightedAverageOfRemainingContractualLifeYears" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted average of remaining contractual life (years)</link:label>
    <link:label id="lab_itub_WeightedAverageOfRemainingContractualLifeYears_label_en-US" xlink:label="lab_itub_WeightedAverageOfRemainingContractualLifeYears" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted Average Of Remaining Contractual Life (Years)</link:label>
    <link:label id="lab_itub_WeightedAverageOfRemainingContractualLifeYears_documentation_en-US" xlink:label="lab_itub_WeightedAverageOfRemainingContractualLifeYears" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Weighted Average Of Remaining Contractual Life (Years)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_WeightedAverageOfRemainingContractualLifeYears" xlink:href="itub-20251231.xsd#itub_WeightedAverageOfRemainingContractualLifeYears"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_WeightedAverageOfRemainingContractualLifeYears" xlink:to="lab_itub_WeightedAverageOfRemainingContractualLifeYears" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RealizationReversal_6bfc6382-0d92-460d-a87d-878dc8c53c9b_terseLabel_en-US" xlink:label="lab_itub_RealizationReversal" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Realization / Reversal</link:label>
    <link:label id="lab_itub_RealizationReversal_label_en-US" xlink:label="lab_itub_RealizationReversal" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Realization / Reversal</link:label>
    <link:label id="lab_itub_RealizationReversal_documentation_en-US" xlink:label="lab_itub_RealizationReversal" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Realization / Reversal</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RealizationReversal" xlink:href="itub-20251231.xsd#itub_RealizationReversal"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RealizationReversal" xlink:to="lab_itub_RealizationReversal" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_AuditorName_2c7b676f-7f89-43b5-8b13-89257703f6eb_terseLabel_en-US" xlink:label="lab_dei_AuditorName" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Auditor Name</link:label>
    <link:label id="lab_dei_AuditorName_label_en-US" xlink:label="lab_dei_AuditorName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Auditor Name</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AuditorName" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AuditorName"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AuditorName" xlink:to="lab_dei_AuditorName" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PrivatePension_6edebf07-9586-44f7-aba9-5ee07e6b6855_verboseLabel_en-US" xlink:label="lab_itub_PrivatePension" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Private pension</link:label>
    <link:label id="lab_itub_PrivatePension_label_en-US" xlink:label="lab_itub_PrivatePension" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Private Pension</link:label>
    <link:label id="lab_itub_PrivatePension_documentation_en-US" xlink:label="lab_itub_PrivatePension" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Private Pension</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PrivatePension" xlink:href="itub-20251231.xsd#itub_PrivatePension"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PrivatePension" xlink:to="lab_itub_PrivatePension" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TotalIncome_6cddfb4c-caa3-4a6c-a0eb-e4fd2caeee5e_totalLabel_en-US" xlink:label="lab_itub_TotalIncome" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">lncome</link:label>
    <link:label id="lab_itub_TotalIncome_label_en-US" xlink:label="lab_itub_TotalIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Income</link:label>
    <link:label id="lab_itub_TotalIncome_documentation_en-US" xlink:label="lab_itub_TotalIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total Income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TotalIncome" xlink:href="itub-20251231.xsd#itub_TotalIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TotalIncome" xlink:to="lab_itub_TotalIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DeferredTaxLiability_d0447844-55f9-4b7e-8c4c-8c8f75a80412_terseLabel_en-US" xlink:label="lab_itub_DeferredTaxLiability" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax liabilities</link:label>
    <link:label id="lab_itub_DeferredTaxLiability_label_en-US" xlink:label="lab_itub_DeferredTaxLiability" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Liability</link:label>
    <link:label id="lab_itub_DeferredTaxLiability_documentation_en-US" xlink:label="lab_itub_DeferredTaxLiability" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Tax Liability</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DeferredTaxLiability" xlink:href="itub-20251231.xsd#itub_DeferredTaxLiability"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DeferredTaxLiability" xlink:to="lab_itub_DeferredTaxLiability" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellMember_7d32b88c-de82-4cb1-a09b-029d3b86a96f_terseLabel_en-US" xlink:label="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interbank deposits and securities purchased under agreements to resell</link:label>
    <link:label id="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellMember_label_en-US" xlink:label="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interbank Deposits And Securities Purchased Under Agreements To Resell [Member]</link:label>
    <link:label id="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellMember_documentation_en-US" xlink:label="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interbank deposits and securities purchased under agreements to resell.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellMember" xlink:href="itub-20251231.xsd#itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellMember" xlink:to="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResellMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SupplementaryInformationTextBlock_458f3f5d-ce45-4c2c-892a-98e256bcc827_terseLabel_en-US" xlink:label="lab_itub_SupplementaryInformationTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Supplementary information</link:label>
    <link:label id="lab_itub_SupplementaryInformationTextBlock_label_en-US" xlink:label="lab_itub_SupplementaryInformationTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Supplementary Information [Text Block]</link:label>
    <link:label id="lab_itub_SupplementaryInformationTextBlock_documentation_en-US" xlink:label="lab_itub_SupplementaryInformationTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Supplementary Information</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SupplementaryInformationTextBlock" xlink:href="itub-20251231.xsd#itub_SupplementaryInformationTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SupplementaryInformationTextBlock" xlink:to="lab_itub_SupplementaryInformationTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CreditRiskExcludingCounterpartyCreditRiskMember_f47209be-45fc-4986-9d75-0f4b7564abe3_terseLabel_en-US" xlink:label="lab_itub_CreditRiskExcludingCounterpartyCreditRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit risk (excluding counterparty credit risk)</link:label>
    <link:label id="lab_itub_CreditRiskExcludingCounterpartyCreditRiskMember_7a2d8610-f47e-41e9-93ff-b789a7ac9018_verboseLabel_en-US" xlink:label="lab_itub_CreditRiskExcludingCounterpartyCreditRiskMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Counterparty credit risk (CCR)</link:label>
    <link:label id="lab_itub_CreditRiskExcludingCounterpartyCreditRiskMember_label_en-US" xlink:label="lab_itub_CreditRiskExcludingCounterpartyCreditRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Risk Excluding Counterparty Credit Risk [Member]</link:label>
    <link:label id="lab_itub_CreditRiskExcludingCounterpartyCreditRiskMember_documentation_en-US" xlink:label="lab_itub_CreditRiskExcludingCounterpartyCreditRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Credit Risk Excluding Counterparty Credit Risk [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CreditRiskExcludingCounterpartyCreditRiskMember" xlink:href="itub-20251231.xsd#itub_CreditRiskExcludingCounterpartyCreditRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CreditRiskExcludingCounterpartyCreditRiskMember" xlink:to="lab_itub_CreditRiskExcludingCounterpartyCreditRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfFairValueAndCorrespondingGrossCarryingAmountOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeSecuritiesAssetsTableTextBlock_0d9e1434-b991-4688-8bf0-d65d6bd2a5f9_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfFairValueAndCorrespondingGrossCarryingAmountOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeSecuritiesAssetsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Fair Value and Corresponding Gross Carrying Amount of Financial Assets at Fair Value Through Other Comprehensive Income- Securities Assets</link:label>
    <link:label id="lab_itub_ScheduleOfFairValueAndCorrespondingGrossCarryingAmountOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeSecuritiesAssetsTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfFairValueAndCorrespondingGrossCarryingAmountOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeSecuritiesAssetsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of fair value and corresponding gross carrying amount of financial assets at fair value through other comprehensive income- securities assets [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfFairValueAndCorrespondingGrossCarryingAmountOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeSecuritiesAssetsTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfFairValueAndCorrespondingGrossCarryingAmountOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeSecuritiesAssetsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of fair value and corresponding gross carrying amount of financial assets at fair value through other comprehensive income- securities assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfFairValueAndCorrespondingGrossCarryingAmountOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeSecuritiesAssetsTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfFairValueAndCorrespondingGrossCarryingAmountOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeSecuritiesAssetsTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfFairValueAndCorrespondingGrossCarryingAmountOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeSecuritiesAssetsTableTextBlock" xlink:to="lab_itub_ScheduleOfFairValueAndCorrespondingGrossCarryingAmountOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeSecuritiesAssetsTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SupplementaryInformationLineItems_019c9424-f6f5-7a88-9d6f-81721397592e_terseLabel_en-US" xlink:label="lab_itub_SupplementaryInformationLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Supplementary Information [Line Items]</link:label>
    <link:label id="lab_itub_SupplementaryInformationLineItems_label_en-US" xlink:label="lab_itub_SupplementaryInformationLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Supplementary Information [Line Items]</link:label>
    <link:label id="lab_itub_SupplementaryInformationLineItems_documentation_en-US" xlink:label="lab_itub_SupplementaryInformationLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Supplementary Information [Line Items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SupplementaryInformationLineItems" xlink:href="itub-20251231.xsd#itub_SupplementaryInformationLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SupplementaryInformationLineItems" xlink:to="lab_itub_SupplementaryInformationLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LiabilitiesInRelationToPriorPeriods_d04f5a33-12fc-419a-afcd-f0c5b935e22d_terseLabel_en-US" xlink:label="lab_itub_LiabilitiesInRelationToPriorPeriods" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities in relation to prior periods</link:label>
    <link:label id="lab_itub_LiabilitiesInRelationToPriorPeriods_label_en-US" xlink:label="lab_itub_LiabilitiesInRelationToPriorPeriods" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities In Relation To Prior Periods</link:label>
    <link:label id="lab_itub_LiabilitiesInRelationToPriorPeriods_documentation_en-US" xlink:label="lab_itub_LiabilitiesInRelationToPriorPeriods" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Liabilities In Relation To Prior Periods</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LiabilitiesInRelationToPriorPeriods" xlink:href="itub-20251231.xsd#itub_LiabilitiesInRelationToPriorPeriods"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LiabilitiesInRelationToPriorPeriods" xlink:to="lab_itub_LiabilitiesInRelationToPriorPeriods" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CIPSAMember_f2e9c6d3-726b-486f-aa39-4469960fca2e_terseLabel_en-US" xlink:label="lab_itub_CIPSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CIP S.A.</link:label>
    <link:label id="lab_itub_CIPSAMember_label_en-US" xlink:label="lab_itub_CIPSAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">C I P S A [Member]</link:label>
    <link:label id="lab_itub_CIPSAMember_documentation_en-US" xlink:label="lab_itub_CIPSAMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">C I P S A [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CIPSAMember" xlink:href="itub-20251231.xsd#itub_CIPSAMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CIPSAMember" xlink:to="lab_itub_CIPSAMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities_98d395a4-91c3-4b0f-b407-250239a590a3_totalLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash from / (used in) operating activities</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) operating activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:to="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems_8e76bf64-c222-4990-8014-3f31dd908d87_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of terms and conditions of share-based payment arrangement [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of terms and conditions of share-based payment arrangement [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:to="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AtFairValueThroughProfitOrLoss_f4c810fd-7756-450f-8f36-f86265c0c6a5_totalLabel_en-US" xlink:label="lab_itub_AtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">At Fair Value through Profit or Loss</link:label>
    <link:label id="lab_itub_AtFairValueThroughProfitOrLoss_89191db5-9f6f-4c5f-a08d-9383a1cc6499_netLabel_en-US" xlink:label="lab_itub_AtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">At fair value through profit or loss</link:label>
    <link:label id="lab_itub_AtFairValueThroughProfitOrLoss_label_en-US" xlink:label="lab_itub_AtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">At Fair Value Through Profit Or Loss</link:label>
    <link:label id="lab_itub_AtFairValueThroughProfitOrLoss_documentation_en-US" xlink:label="lab_itub_AtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">At Fair Value Through Profit Or Loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AtFairValueThroughProfitOrLoss" xlink:href="itub-20251231.xsd#itub_AtFairValueThroughProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AtFairValueThroughProfitOrLoss" xlink:to="lab_itub_AtFairValueThroughProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearThree_1ee49e87-0fda-45b3-96be-a3d5b1764a2c_terseLabel_en-US" xlink:label="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearThree" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2028</link:label>
    <link:label id="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearThree_label_en-US" xlink:label="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearThree" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan Expected Future Benefit Payment Year Three</link:label>
    <link:label id="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearThree_documentation_en-US" xlink:label="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearThree" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan Expected Future Benefit Payment Year Three</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearThree" xlink:href="itub-20251231.xsd#itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearThree"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearThree" xlink:to="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearThree" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_HedgeOfDepositsAndRepurchaseAgreementsMember_b896266a-a56b-4416-a9cf-040b8d5f0725_terseLabel_en-US" xlink:label="lab_itub_HedgeOfDepositsAndRepurchaseAgreementsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hedge of deposits and repurchase agreements</link:label>
    <link:label id="lab_itub_HedgeOfDepositsAndRepurchaseAgreementsMember_label_en-US" xlink:label="lab_itub_HedgeOfDepositsAndRepurchaseAgreementsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedge Of Deposits And Repurchase Agreements [Member]</link:label>
    <link:label id="lab_itub_HedgeOfDepositsAndRepurchaseAgreementsMember_documentation_en-US" xlink:label="lab_itub_HedgeOfDepositsAndRepurchaseAgreementsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Hedge Of Deposits And Repurchase Agreements [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_HedgeOfDepositsAndRepurchaseAgreementsMember" xlink:href="itub-20251231.xsd#itub_HedgeOfDepositsAndRepurchaseAgreementsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_HedgeOfDepositsAndRepurchaseAgreementsMember" xlink:to="lab_itub_HedgeOfDepositsAndRepurchaseAgreementsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfSubordinatedDebtIncludingPerpetualDebtsTableTextBlock_d47179f4-c64b-4941-8430-72d72057768d_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfSubordinatedDebtIncludingPerpetualDebtsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Subordinated Debt, Including Perpetual Debts</link:label>
    <link:label id="lab_itub_ScheduleOfSubordinatedDebtIncludingPerpetualDebtsTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfSubordinatedDebtIncludingPerpetualDebtsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Subordinated Debt, Including Perpetual Debts [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfSubordinatedDebtIncludingPerpetualDebtsTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfSubordinatedDebtIncludingPerpetualDebtsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Subordinated Debt, Including Perpetual Debts</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfSubordinatedDebtIncludingPerpetualDebtsTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfSubordinatedDebtIncludingPerpetualDebtsTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfSubordinatedDebtIncludingPerpetualDebtsTableTextBlock" xlink:to="lab_itub_ScheduleOfSubordinatedDebtIncludingPerpetualDebtsTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InsuranceContractsAxis_a68f3921-9293-4fda-a2e1-2f4d5f8ebc78_terseLabel_en-US" xlink:label="lab_ifrs-full_InsuranceContractsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Insurance contracts [axis]</link:label>
    <link:label id="lab_ifrs-full_InsuranceContractsAxis_label_en-US" xlink:label="lab_ifrs-full_InsuranceContractsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Insurance contracts [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InsuranceContractsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InsuranceContractsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InsuranceContractsAxis" xlink:to="lab_ifrs-full_InsuranceContractsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherNoncurrentFinancialLiabilities_11d87b0e-0bb9-484f-8676-ec93c6fccd07_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other non-current financial liabilities</link:label>
    <link:label id="lab_ifrs-full_OtherNoncurrentFinancialLiabilities_label_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other non-current financial liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherNoncurrentFinancialLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherNoncurrentFinancialLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherNoncurrentFinancialLiabilities" xlink:to="lab_ifrs-full_OtherNoncurrentFinancialLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LiabilityForIncurredClaimsMember_57491e1d-93c1-4148-b409-48d103648649_terseLabel_en-US" xlink:label="lab_itub_LiabilityForIncurredClaimsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liability for incurred claims</link:label>
    <link:label id="lab_itub_LiabilityForIncurredClaimsMember_label_en-US" xlink:label="lab_itub_LiabilityForIncurredClaimsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liability For Incurred Claims [Member]</link:label>
    <link:label id="lab_itub_LiabilityForIncurredClaimsMember_documentation_en-US" xlink:label="lab_itub_LiabilityForIncurredClaimsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Liability For Incurred Claims [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LiabilityForIncurredClaimsMember" xlink:href="itub-20251231.xsd#itub_LiabilityForIncurredClaimsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LiabilityForIncurredClaimsMember" xlink:to="lab_itub_LiabilityForIncurredClaimsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DomesticSundryCreditorsMember_49b9c461-a8a5-4c62-865a-cb6f994a230e_terseLabel_en-US" xlink:label="lab_itub_DomesticSundryCreditorsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sundry domestic</link:label>
    <link:label id="lab_itub_DomesticSundryCreditorsMember_label_en-US" xlink:label="lab_itub_DomesticSundryCreditorsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Domestic Sundry Creditors [Member]</link:label>
    <link:label id="lab_itub_DomesticSundryCreditorsMember_documentation_en-US" xlink:label="lab_itub_DomesticSundryCreditorsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Domestic Sundry Creditors [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DomesticSundryCreditorsMember" xlink:href="itub-20251231.xsd#itub_DomesticSundryCreditorsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DomesticSundryCreditorsMember" xlink:to="lab_itub_DomesticSundryCreditorsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentFiscalYearFocus_16a9ce31-7e04-403a-af65-d2bd45a0b5eb_terseLabel_en-US" xlink:label="lab_dei_DocumentFiscalYearFocus" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Fiscal Year Focus</link:label>
    <link:label id="lab_dei_DocumentFiscalYearFocus_label_en-US" xlink:label="lab_dei_DocumentFiscalYearFocus" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Fiscal Year Focus</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentFiscalYearFocus" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentFiscalYearFocus"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentFiscalYearFocus" xlink:to="lab_dei_DocumentFiscalYearFocus" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ActuarialAssumptionOfDiscountRate_5fe3fa7f-349d-4e73-a597-fbee6e23755f_verboseLabel_en-US" xlink:label="lab_itub_ActuarialAssumptionOfDiscountRate" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Discount rate</link:label>
    <link:label id="lab_itub_ActuarialAssumptionOfDiscountRate_label_en-US" xlink:label="lab_itub_ActuarialAssumptionOfDiscountRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Actuarial Assumption Of Discount Rate</link:label>
    <link:label id="lab_itub_ActuarialAssumptionOfDiscountRate_documentation_en-US" xlink:label="lab_itub_ActuarialAssumptionOfDiscountRate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Actuarial Assumption Of Discount Rate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ActuarialAssumptionOfDiscountRate" xlink:href="itub-20251231.xsd#itub_ActuarialAssumptionOfDiscountRate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ActuarialAssumptionOfDiscountRate" xlink:to="lab_itub_ActuarialAssumptionOfDiscountRate" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LoansToParticipantsMember_d824f954-a63d-4bfa-86e8-8ccb4ac3a2ce_terseLabel_en-US" xlink:label="lab_itub_LoansToParticipantsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loans to participants</link:label>
    <link:label id="lab_itub_LoansToParticipantsMember_label_en-US" xlink:label="lab_itub_LoansToParticipantsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans To Participants [Member]</link:label>
    <link:label id="lab_itub_LoansToParticipantsMember_documentation_en-US" xlink:label="lab_itub_LoansToParticipantsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loans To Participants [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LoansToParticipantsMember" xlink:href="itub-20251231.xsd#itub_LoansToParticipantsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LoansToParticipantsMember" xlink:to="lab_itub_LoansToParticipantsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PresentValueOfTemporaryDifferences_dbe9d738-3e1a-4831-a12b-bae57aac5d3b_terseLabel_en-US" xlink:label="lab_itub_PresentValueOfTemporaryDifferences" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Present value of temporary differences</link:label>
    <link:label id="lab_itub_PresentValueOfTemporaryDifferences_label_en-US" xlink:label="lab_itub_PresentValueOfTemporaryDifferences" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Present Value Of Temporary Differences</link:label>
    <link:label id="lab_itub_PresentValueOfTemporaryDifferences_documentation_en-US" xlink:label="lab_itub_PresentValueOfTemporaryDifferences" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Present Value Of Temporary Differences</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PresentValueOfTemporaryDifferences" xlink:href="itub-20251231.xsd#itub_PresentValueOfTemporaryDifferences"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PresentValueOfTemporaryDifferences" xlink:to="lab_itub_PresentValueOfTemporaryDifferences" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OverthecounterMarketMember_52bc18f6-add7-4e58-8b20-4eccd76bc8a4_terseLabel_en-US" xlink:label="lab_itub_OverthecounterMarketMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Over-the-counter market</link:label>
    <link:label id="lab_itub_OverthecounterMarketMember_label_en-US" xlink:label="lab_itub_OverthecounterMarketMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Overthecounter Market [Member]</link:label>
    <link:label id="lab_itub_OverthecounterMarketMember_documentation_en-US" xlink:label="lab_itub_OverthecounterMarketMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Overthecounter Market [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OverthecounterMarketMember" xlink:href="itub-20251231.xsd#itub_OverthecounterMarketMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OverthecounterMarketMember" xlink:to="lab_itub_OverthecounterMarketMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SecuritiesPurchasedUnderAgreementsToResell2_e8074855-4609-432d-847e-7b8a9d9fae94_periodEndLabel_en-US" xlink:label="lab_itub_SecuritiesPurchasedUnderAgreementsToResell2" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Securities purchased under agreements to resell - Collateral held</link:label>
    <link:label id="lab_itub_SecuritiesPurchasedUnderAgreementsToResell2_b42aa09d-7d28-4b91-9951-66a909163473_verboseLabel_en-US" xlink:label="lab_itub_SecuritiesPurchasedUnderAgreementsToResell2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Securities purchased under agreements to resell</link:label>
    <link:label id="lab_itub_SecuritiesPurchasedUnderAgreementsToResell2_label_en-US" xlink:label="lab_itub_SecuritiesPurchasedUnderAgreementsToResell2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">SecuritiesPurchasedUnderAgreementsToResell2</link:label>
    <link:label id="lab_itub_SecuritiesPurchasedUnderAgreementsToResell2_documentation_en-US" xlink:label="lab_itub_SecuritiesPurchasedUnderAgreementsToResell2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">SecuritiesPurchasedUnderAgreementsToResell2</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SecuritiesPurchasedUnderAgreementsToResell2" xlink:href="itub-20251231.xsd#itub_SecuritiesPurchasedUnderAgreementsToResell2"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SecuritiesPurchasedUnderAgreementsToResell2" xlink:to="lab_itub_SecuritiesPurchasedUnderAgreementsToResell2" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestRateForwardMember_adc51857-6292-422b-bcf7-cc4fb127d1c9_terseLabel_en-US" xlink:label="lab_itub_InterestRateForwardMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Forward</link:label>
    <link:label id="lab_itub_InterestRateForwardMember_label_en-US" xlink:label="lab_itub_InterestRateForwardMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Rate Forward [Member]</link:label>
    <link:label id="lab_itub_InterestRateForwardMember_documentation_en-US" xlink:label="lab_itub_InterestRateForwardMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest Rate Forward [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestRateForwardMember" xlink:href="itub-20251231.xsd#itub_InterestRateForwardMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestRateForwardMember" xlink:to="lab_itub_InterestRateForwardMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_NonCumulativePerShare_b6548b53-3882-4ff5-9b3f-da75edcf0723_terseLabel_en-US" xlink:label="lab_itub_NonCumulativePerShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-cumulative per share (in brl per share)</link:label>
    <link:label id="lab_itub_NonCumulativePerShare_label_en-US" xlink:label="lab_itub_NonCumulativePerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-Cumulative Per Share</link:label>
    <link:label id="lab_itub_NonCumulativePerShare_documentation_en-US" xlink:label="lab_itub_NonCumulativePerShare" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Non-Cumulative Per Share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_NonCumulativePerShare" xlink:href="itub-20251231.xsd#itub_NonCumulativePerShare"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_NonCumulativePerShare" xlink:to="lab_itub_NonCumulativePerShare" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherIncome_56bc0dd7-ed7e-4cdf-8543-f442138503e0_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other income / (expenses)</link:label>
    <link:label id="lab_ifrs-full_OtherIncome_fb8ee8b8-6f60-4f6e-86de-650032a18f8e_verboseLabel_en-US" xlink:label="lab_ifrs-full_OtherIncome" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other revenues</link:label>
    <link:label id="lab_ifrs-full_OtherIncome_label_en-US" xlink:label="lab_ifrs-full_OtherIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherIncome" xlink:to="lab_ifrs-full_OtherIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TaxAssets_2d8672ca-6404-40ab-8eb3-4b0bf805188c_totalLabel_en-US" xlink:label="lab_itub_TaxAssets" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Tax assets</link:label>
    <link:label id="lab_itub_TaxAssets_label_en-US" xlink:label="lab_itub_TaxAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">TaxAssets</link:label>
    <link:label id="lab_itub_TaxAssets_documentation_en-US" xlink:label="lab_itub_TaxAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">TaxAssets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TaxAssets" xlink:href="itub-20251231.xsd#itub_TaxAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TaxAssets" xlink:to="lab_itub_TaxAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TradingAndIntermediationOfSecuritiesMember_1e2e1a15-7fe8-408c-add0-d7b24b4ee2f3_terseLabel_en-US" xlink:label="lab_itub_TradingAndIntermediationOfSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trading and intermediation of securities</link:label>
    <link:label id="lab_itub_TradingAndIntermediationOfSecuritiesMember_label_en-US" xlink:label="lab_itub_TradingAndIntermediationOfSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trading And Intermediation Of Securities [Member]</link:label>
    <link:label id="lab_itub_TradingAndIntermediationOfSecuritiesMember_documentation_en-US" xlink:label="lab_itub_TradingAndIntermediationOfSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Trading And Intermediation Of Securities [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TradingAndIntermediationOfSecuritiesMember" xlink:href="itub-20251231.xsd#itub_TradingAndIntermediationOfSecuritiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TradingAndIntermediationOfSecuritiesMember" xlink:to="lab_itub_TradingAndIntermediationOfSecuritiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations_de9ae9b3-c67f-43c6-bb4a-cb6ffa7ad3eb_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Changes in new accounting standards and interpretations of existing standards</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of expected impact of initial application of new standards or interpretations [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations" xlink:to="lab_ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialAssetsPledgedAtFairValueThroughOtherComprehensiveIncomeSecurities_019c8e4d-dd04-78f3-b582-7a61b22912fa_terseLabel_en-US" xlink:label="lab_itub_FinancialAssetsPledgedAtFairValueThroughOtherComprehensiveIncomeSecurities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial assets at fair value through other comprehensive income-Securities pledged in guarantee of funding transactions of financial institutions and clients</link:label>
    <link:label id="lab_itub_FinancialAssetsPledgedAtFairValueThroughOtherComprehensiveIncomeSecurities_label_en-US" xlink:label="lab_itub_FinancialAssetsPledgedAtFairValueThroughOtherComprehensiveIncomeSecurities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Assets Pledged At Fair Value Through Other Comprehensive Income Securities</link:label>
    <link:label id="lab_itub_FinancialAssetsPledgedAtFairValueThroughOtherComprehensiveIncomeSecurities_documentation_en-US" xlink:label="lab_itub_FinancialAssetsPledgedAtFairValueThroughOtherComprehensiveIncomeSecurities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial Assets Pledged At Fair Value Through Other Comprehensive Income Securities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialAssetsPledgedAtFairValueThroughOtherComprehensiveIncomeSecurities" xlink:href="itub-20251231.xsd#itub_FinancialAssetsPledgedAtFairValueThroughOtherComprehensiveIncomeSecurities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialAssetsPledgedAtFairValueThroughOtherComprehensiveIncomeSecurities" xlink:to="lab_itub_FinancialAssetsPledgedAtFairValueThroughOtherComprehensiveIncomeSecurities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TwentyYearMember_eb76ce60-ee29-445e-9f76-c92eb33703df_terseLabel_en-US" xlink:label="lab_itub_TwentyYearMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">20 years</link:label>
    <link:label id="lab_itub_TwentyYearMember_label_en-US" xlink:label="lab_itub_TwentyYearMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Twenty Year [Member]</link:label>
    <link:label id="lab_itub_TwentyYearMember_documentation_en-US" xlink:label="lab_itub_TwentyYearMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Twenty Year [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TwentyYearMember" xlink:href="itub-20251231.xsd#itub_TwentyYearMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TwentyYearMember" xlink:to="lab_itub_TwentyYearMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ForeignCurrencyMember_019c75e7-0fb2-78d6-943d-1f3bbdf6f13c_terseLabel_en-US" xlink:label="lab_itub_ForeignCurrencyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign currency</link:label>
    <link:label id="lab_itub_ForeignCurrencyMember_label_en-US" xlink:label="lab_itub_ForeignCurrencyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Foreign currency [Member]</link:label>
    <link:label id="lab_itub_ForeignCurrencyMember_documentation_en-US" xlink:label="lab_itub_ForeignCurrencyMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Foreign currency</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ForeignCurrencyMember" xlink:href="itub-20251231.xsd#itub_ForeignCurrencyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ForeignCurrencyMember" xlink:to="lab_itub_ForeignCurrencyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialAssetsAtAmortizedCost_66e9e61e-611d-40ed-93c4-2158fb4dfc8a_verboseLabel_en-US" xlink:label="lab_itub_FinancialAssetsAtAmortizedCost" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">At Amortized cost</link:label>
    <link:label id="lab_itub_FinancialAssetsAtAmortizedCost_label_en-US" xlink:label="lab_itub_FinancialAssetsAtAmortizedCost" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Assets At Amortized Cost</link:label>
    <link:label id="lab_itub_FinancialAssetsAtAmortizedCost_documentation_en-US" xlink:label="lab_itub_FinancialAssetsAtAmortizedCost" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial Assets At Amortized Cost</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialAssetsAtAmortizedCost" xlink:href="itub-20251231.xsd#itub_FinancialAssetsAtAmortizedCost"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialAssetsAtAmortizedCost" xlink:to="lab_itub_FinancialAssetsAtAmortizedCost" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ReflectedInIncomeMember_1bb61ba1-b459-4565-ab9c-7f82c2a8278f_terseLabel_en-US" xlink:label="lab_itub_ReflectedInIncomeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reflected in income</link:label>
    <link:label id="lab_itub_ReflectedInIncomeMember_label_en-US" xlink:label="lab_itub_ReflectedInIncomeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reflected In Income [Member]</link:label>
    <link:label id="lab_itub_ReflectedInIncomeMember_documentation_en-US" xlink:label="lab_itub_ReflectedInIncomeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Reflected In Income [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ReflectedInIncomeMember" xlink:href="itub-20251231.xsd#itub_ReflectedInIncomeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ReflectedInIncomeMember" xlink:to="lab_itub_ReflectedInIncomeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_BancoItauParaguaySAMember_528c401e-9781-416a-8ad5-9477e4589c4d_terseLabel_en-US" xlink:label="lab_itub_BancoItauParaguaySAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Banco Ita&#250; Paraguay S.A.</link:label>
    <link:label id="lab_itub_BancoItauParaguaySAMember_label_en-US" xlink:label="lab_itub_BancoItauParaguaySAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Banco Itau Paraguay S.A. [Member]</link:label>
    <link:label id="lab_itub_BancoItauParaguaySAMember_documentation_en-US" xlink:label="lab_itub_BancoItauParaguaySAMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Banco Itau Paraguay S.A.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_BancoItauParaguaySAMember" xlink:href="itub-20251231.xsd#itub_BancoItauParaguaySAMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_BancoItauParaguaySAMember" xlink:to="lab_itub_BancoItauParaguaySAMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_KeyManagementPersonnelCompensation_f9aa3ff1-1741-459d-bdc1-18e9c4f2268a_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_KeyManagementPersonnelCompensation" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Compensation, payroll charges, welfare benefits, provision for labor claims, dismissals, training and other</link:label>
    <link:label id="lab_ifrs-full_KeyManagementPersonnelCompensation_212b64a5-57e9-4b0d-8096-f2461939a1f3_negatedLabel_en-US" xlink:label="lab_ifrs-full_KeyManagementPersonnelCompensation" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_ifrs-full_KeyManagementPersonnelCompensation_label_en-US" xlink:label="lab_ifrs-full_KeyManagementPersonnelCompensation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Key management personnel compensation</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_KeyManagementPersonnelCompensation" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_KeyManagementPersonnelCompensation"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_KeyManagementPersonnelCompensation" xlink:to="lab_ifrs-full_KeyManagementPersonnelCompensation" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FeesForCreditLines_73dba72f-23eb-407b-810b-687ac29266d7_negatedLabel_en-US" xlink:label="lab_itub_FeesForCreditLines" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Credit operations</link:label>
    <link:label id="lab_itub_FeesForCreditLines_label_en-US" xlink:label="lab_itub_FeesForCreditLines" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fees For Credit Lines</link:label>
    <link:label id="lab_itub_FeesForCreditLines_documentation_en-US" xlink:label="lab_itub_FeesForCreditLines" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fees For Credit Lines</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FeesForCreditLines" xlink:href="itub-20251231.xsd#itub_FeesForCreditLines"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FeesForCreditLines" xlink:to="lab_itub_FeesForCreditLines" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_GuaranteeByGovernmentSecurities_1787b0ef-a9a9-4ad9-9e09-49de64bfa8d6_terseLabel_en-US" xlink:label="lab_itub_GuaranteeByGovernmentSecurities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Guarantee by government securities</link:label>
    <link:label id="lab_itub_GuaranteeByGovernmentSecurities_label_en-US" xlink:label="lab_itub_GuaranteeByGovernmentSecurities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Guarantee By Government Securities</link:label>
    <link:label id="lab_itub_GuaranteeByGovernmentSecurities_documentation_en-US" xlink:label="lab_itub_GuaranteeByGovernmentSecurities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Guarantee By Government Securities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_GuaranteeByGovernmentSecurities" xlink:href="itub-20251231.xsd#itub_GuaranteeByGovernmentSecurities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_GuaranteeByGovernmentSecurities" xlink:to="lab_itub_GuaranteeByGovernmentSecurities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CharacteristicsOfDefinedBenefitPlansAxis_0479f198-9881-4228-bd12-d17c4e92470e_terseLabel_en-US" xlink:label="lab_ifrs-full_CharacteristicsOfDefinedBenefitPlansAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Characteristics of defined benefit plans [axis]</link:label>
    <link:label id="lab_ifrs-full_CharacteristicsOfDefinedBenefitPlansAxis_label_en-US" xlink:label="lab_ifrs-full_CharacteristicsOfDefinedBenefitPlansAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Characteristics of defined benefit plans [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CharacteristicsOfDefinedBenefitPlansAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CharacteristicsOfDefinedBenefitPlansAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CharacteristicsOfDefinedBenefitPlansAxis" xlink:to="lab_ifrs-full_CharacteristicsOfDefinedBenefitPlansAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets_c211c4a5-b85f-4dda-93c5-34fb8001aee1_verboseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other assets</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for decrease (increase) in other assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets" xlink:to="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares_a08e6464-d30a-4f1a-a68b-6d58c047eb09_terseLabel_en-US" xlink:label="lab_ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Incremental as per share-based payment plans (in shares)</link:label>
    <link:label id="lab_ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares_label_en-US" xlink:label="lab_ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dilutive effect of share options on weighted average number of ordinary shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" xlink:to="lab_ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CdiPlusOnePointOneFivePercentageMember_019c750e-87c0-785d-9704-a137fe53697b_terseLabel_en-US" xlink:label="lab_itub_CdiPlusOnePointOneFivePercentageMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CDI + 1.15%</link:label>
    <link:label id="lab_itub_CdiPlusOnePointOneFivePercentageMember_label_en-US" xlink:label="lab_itub_CdiPlusOnePointOneFivePercentageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cdi plus One Point One Five Percentage [Member]</link:label>
    <link:label id="lab_itub_CdiPlusOnePointOneFivePercentageMember_documentation_en-US" xlink:label="lab_itub_CdiPlusOnePointOneFivePercentageMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cdi plus One Point One Five Percentage</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CdiPlusOnePointOneFivePercentageMember" xlink:href="itub-20251231.xsd#itub_CdiPlusOnePointOneFivePercentageMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CdiPlusOnePointOneFivePercentageMember" xlink:to="lab_itub_CdiPlusOnePointOneFivePercentageMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ThreePointNineThreePercentageMember_520f9653-c038-4657-92fb-6bdc941e5507_terseLabel_en-US" xlink:label="lab_itub_ThreePointNineThreePercentageMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">3.93%</link:label>
    <link:label id="lab_itub_ThreePointNineThreePercentageMember_label_en-US" xlink:label="lab_itub_ThreePointNineThreePercentageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Three Point Nine Three Percentage [Member]</link:label>
    <link:label id="lab_itub_ThreePointNineThreePercentageMember_documentation_en-US" xlink:label="lab_itub_ThreePointNineThreePercentageMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Three Point Nine Three Percentage [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ThreePointNineThreePercentageMember" xlink:href="itub-20251231.xsd#itub_ThreePointNineThreePercentageMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ThreePointNineThreePercentageMember" xlink:to="lab_itub_ThreePointNineThreePercentageMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PrivatePensionMember_827802d6-92a8-430f-931b-a1e0d50d722b_terseLabel_en-US" xlink:label="lab_itub_PrivatePensionMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Private Pension</link:label>
    <link:label id="lab_itub_PrivatePensionMember_label_en-US" xlink:label="lab_itub_PrivatePensionMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Private Pension [Member]</link:label>
    <link:label id="lab_itub_PrivatePensionMember_documentation_en-US" xlink:label="lab_itub_PrivatePensionMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Private Pension [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PrivatePensionMember" xlink:href="itub-20251231.xsd#itub_PrivatePensionMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PrivatePensionMember" xlink:to="lab_itub_PrivatePensionMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TemporaryDifferencesPercentage_1e1694dd-d329-4c4a-96b0-866b918045ab_terseLabel_en-US" xlink:label="lab_itub_TemporaryDifferencesPercentage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Temporary differences, percentage</link:label>
    <link:label id="lab_itub_TemporaryDifferencesPercentage_label_en-US" xlink:label="lab_itub_TemporaryDifferencesPercentage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Temporary Differences, Percentage</link:label>
    <link:label id="lab_itub_TemporaryDifferencesPercentage_documentation_en-US" xlink:label="lab_itub_TemporaryDifferencesPercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Temporary Differences, Percentage</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TemporaryDifferencesPercentage" xlink:href="itub-20251231.xsd#itub_TemporaryDifferencesPercentage"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TemporaryDifferencesPercentage" xlink:to="lab_itub_TemporaryDifferencesPercentage" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ChangesInPeriodReflectedInIncome_16673a1d-1f16-4193-b052-c7de51d9badb_verboseLabel_en-US" xlink:label="lab_itub_ChangesInPeriodReflectedInIncome" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Changes in the period reflected in income</link:label>
    <link:label id="lab_itub_ChangesInPeriodReflectedInIncome_label_en-US" xlink:label="lab_itub_ChangesInPeriodReflectedInIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Changes In Period Reflected In Income</link:label>
    <link:label id="lab_itub_ChangesInPeriodReflectedInIncome_documentation_en-US" xlink:label="lab_itub_ChangesInPeriodReflectedInIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Changes In Period Reflected In Income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ChangesInPeriodReflectedInIncome" xlink:href="itub-20251231.xsd#itub_ChangesInPeriodReflectedInIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ChangesInPeriodReflectedInIncome" xlink:to="lab_itub_ChangesInPeriodReflectedInIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_BankDepositsMember_1242fc52-4067-40d2-8ecc-aa7ee8abf93d_terseLabel_en-US" xlink:label="lab_itub_BankDepositsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deposits</link:label>
    <link:label id="lab_itub_BankDepositsMember_label_en-US" xlink:label="lab_itub_BankDepositsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Bank Deposits [Member]</link:label>
    <link:label id="lab_itub_BankDepositsMember_documentation_en-US" xlink:label="lab_itub_BankDepositsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Bank Deposits [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_BankDepositsMember" xlink:href="itub-20251231.xsd#itub_BankDepositsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_BankDepositsMember" xlink:to="lab_itub_BankDepositsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LossComponentOfTheLiabilityForRemainingCoverageMember_71e435d8-4d0c-4237-aabb-f08beccaae1e_terseLabel_en-US" xlink:label="lab_itub_LossComponentOfTheLiabilityForRemainingCoverageMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loss component of the liability for remaining coverage</link:label>
    <link:label id="lab_itub_LossComponentOfTheLiabilityForRemainingCoverageMember_label_en-US" xlink:label="lab_itub_LossComponentOfTheLiabilityForRemainingCoverageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loss Component Of The Liability For Remaining Coverage [Member]</link:label>
    <link:label id="lab_itub_LossComponentOfTheLiabilityForRemainingCoverageMember_documentation_en-US" xlink:label="lab_itub_LossComponentOfTheLiabilityForRemainingCoverageMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loss Component Of The Liability For Remaining Coverage [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LossComponentOfTheLiabilityForRemainingCoverageMember" xlink:href="itub-20251231.xsd#itub_LossComponentOfTheLiabilityForRemainingCoverageMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LossComponentOfTheLiabilityForRemainingCoverageMember" xlink:to="lab_itub_LossComponentOfTheLiabilityForRemainingCoverageMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory_2e8b8bf0-b3cc-4336-ae88-6796720b5986_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Goodwill and lntangible assets</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for intangible assets and goodwill [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax_98661c42-31fd-43e7-a23a-5e8aa3c1ecb5_terseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign exchange variation in foreign investments</link:label>
    <link:label id="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax_label_en-US" xlink:label="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (losses) on exchange differences on translation of foreign operations, net of tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:to="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_LocalPhoneNumber_38a879c6-d733-4f64-b2ec-23fc149f734e_terseLabel_en-US" xlink:label="lab_dei_LocalPhoneNumber" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Local Phone Number</link:label>
    <link:label id="lab_dei_LocalPhoneNumber_label_en-US" xlink:label="lab_dei_LocalPhoneNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Local Phone Number</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_LocalPhoneNumber" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_LocalPhoneNumber"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_LocalPhoneNumber" xlink:to="lab_dei_LocalPhoneNumber" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax_43dcafdd-0309-46a5-8ded-4bc9b0e19a00_verboseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Change in fair value</link:label>
    <link:label id="lab_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax_label_en-US" xlink:label="lab_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (losses) on hedges of net investments in foreign operations, before tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax" xlink:to="lab_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CdiPlusZeroPointNinePercentageMember_9618dfb7-cb9d-411a-80f1-b0b9aacc95d4_terseLabel_en-US" xlink:label="lab_itub_CdiPlusZeroPointNinePercentageMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CDI + 0.9%</link:label>
    <link:label id="lab_itub_CdiPlusZeroPointNinePercentageMember_label_en-US" xlink:label="lab_itub_CdiPlusZeroPointNinePercentageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cdi Plus Zero Point Nine Percentage [Member]</link:label>
    <link:label id="lab_itub_CdiPlusZeroPointNinePercentageMember_documentation_en-US" xlink:label="lab_itub_CdiPlusZeroPointNinePercentageMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cdi Plus Zero Point Nine Percentage [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CdiPlusZeroPointNinePercentageMember" xlink:href="itub-20251231.xsd#itub_CdiPlusZeroPointNinePercentageMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CdiPlusZeroPointNinePercentageMember" xlink:to="lab_itub_CdiPlusZeroPointNinePercentageMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CorporateLoansOneMember_b9aa53fe-7acf-4878-9059-0813093fd9b1_terseLabel_en-US" xlink:label="lab_itub_CorporateLoansOneMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Companies</link:label>
    <link:label id="lab_itub_CorporateLoansOneMember_label_en-US" xlink:label="lab_itub_CorporateLoansOneMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Corporate Loans One [Member]</link:label>
    <link:label id="lab_itub_CorporateLoansOneMember_documentation_en-US" xlink:label="lab_itub_CorporateLoansOneMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Corporate Loans One [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CorporateLoansOneMember" xlink:href="itub-20251231.xsd#itub_CorporateLoansOneMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CorporateLoansOneMember" xlink:to="lab_itub_CorporateLoansOneMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TaxLiabilities_2aea2f10-07ff-4056-a58f-2a6d0d5a12f2_totalLabel_en-US" xlink:label="lab_itub_TaxLiabilities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Tax liabilities</link:label>
    <link:label id="lab_itub_TaxLiabilities_label_en-US" xlink:label="lab_itub_TaxLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax Liabilities</link:label>
    <link:label id="lab_itub_TaxLiabilities_documentation_en-US" xlink:label="lab_itub_TaxLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tax Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TaxLiabilities" xlink:href="itub-20251231.xsd#itub_TaxLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TaxLiabilities" xlink:to="lab_itub_TaxLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestAndSimilarIncomeOfFinancialAssetsAtAmortizedCostAndAtFairValueThroughOtherComprehensiveIncome_860349c7-34c4-4732-a86c-edbc771c5cfe_terseLabel_en-US" xlink:label="lab_itub_InterestAndSimilarIncomeOfFinancialAssetsAtAmortizedCostAndAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest and similar income</link:label>
    <link:label id="lab_itub_InterestAndSimilarIncomeOfFinancialAssetsAtAmortizedCostAndAtFairValueThroughOtherComprehensiveIncome_label_en-US" xlink:label="lab_itub_InterestAndSimilarIncomeOfFinancialAssetsAtAmortizedCostAndAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest and similar income</link:label>
    <link:label id="lab_itub_InterestAndSimilarIncomeOfFinancialAssetsAtAmortizedCostAndAtFairValueThroughOtherComprehensiveIncome_documentation_en-US" xlink:label="lab_itub_InterestAndSimilarIncomeOfFinancialAssetsAtAmortizedCostAndAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest and similar income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestAndSimilarIncomeOfFinancialAssetsAtAmortizedCostAndAtFairValueThroughOtherComprehensiveIncome" xlink:href="itub-20251231.xsd#itub_InterestAndSimilarIncomeOfFinancialAssetsAtAmortizedCostAndAtFairValueThroughOtherComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestAndSimilarIncomeOfFinancialAssetsAtAmortizedCostAndAtFairValueThroughOtherComprehensiveIncome" xlink:to="lab_itub_InterestAndSimilarIncomeOfFinancialAssetsAtAmortizedCostAndAtFairValueThroughOtherComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_019d5732-a22b-726f-a0db-91d3a99df9ae_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_019dad25-d3d8-76be-8501-16ded40278d3_totalLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_label_en-US" xlink:label="lab_ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets measured at fair value through other comprehensive income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:to="lab_ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_NonMaterialIndividualInvestmentsMember_bfef54f5-ebbf-4d8e-9b5b-5ce35a5faeac_terseLabel_en-US" xlink:label="lab_itub_NonMaterialIndividualInvestmentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-Material Individual Investments</link:label>
    <link:label id="lab_itub_NonMaterialIndividualInvestmentsMember_label_en-US" xlink:label="lab_itub_NonMaterialIndividualInvestmentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non Material Individual Investments [Member]</link:label>
    <link:label id="lab_itub_NonMaterialIndividualInvestmentsMember_documentation_en-US" xlink:label="lab_itub_NonMaterialIndividualInvestmentsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Non Material Individual Investments [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_NonMaterialIndividualInvestmentsMember" xlink:href="itub-20251231.xsd#itub_NonMaterialIndividualInvestmentsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_NonMaterialIndividualInvestmentsMember" xlink:to="lab_itub_NonMaterialIndividualInvestmentsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IpcaPlusFourPointSixtyFourPercentageMember_1434caa8-823a-46a3-a296-c2cadae21c74_terseLabel_en-US" xlink:label="lab_itub_IpcaPlusFourPointSixtyFourPercentageMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">IPCA + 4.64%</link:label>
    <link:label id="lab_itub_IpcaPlusFourPointSixtyFourPercentageMember_label_en-US" xlink:label="lab_itub_IpcaPlusFourPointSixtyFourPercentageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ipca Plus Four Point Sixty Four Percentage [Member]</link:label>
    <link:label id="lab_itub_IpcaPlusFourPointSixtyFourPercentageMember_documentation_en-US" xlink:label="lab_itub_IpcaPlusFourPointSixtyFourPercentageMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Ipca Plus Four Point Sixty Four Percentage [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IpcaPlusFourPointSixtyFourPercentageMember" xlink:href="itub-20251231.xsd#itub_IpcaPlusFourPointSixtyFourPercentageMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IpcaPlusFourPointSixtyFourPercentageMember" xlink:to="lab_itub_IpcaPlusFourPointSixtyFourPercentageMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_HedgeOfAssetBackedSecuritiesUnderRepurchaseAgreementsMember_5e37ebe1-b519-4a99-87bb-f8c06536f7f0_terseLabel_en-US" xlink:label="lab_itub_HedgeOfAssetBackedSecuritiesUnderRepurchaseAgreementsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hedge of asset-backed securities under repurchase agreements</link:label>
    <link:label id="lab_itub_HedgeOfAssetBackedSecuritiesUnderRepurchaseAgreementsMember_label_en-US" xlink:label="lab_itub_HedgeOfAssetBackedSecuritiesUnderRepurchaseAgreementsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedge Of Asset Backed Securities Under Repurchase Agreements [Member]</link:label>
    <link:label id="lab_itub_HedgeOfAssetBackedSecuritiesUnderRepurchaseAgreementsMember_documentation_en-US" xlink:label="lab_itub_HedgeOfAssetBackedSecuritiesUnderRepurchaseAgreementsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Hedge Of Asset Backed Securities Under Repurchase Agreements [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_HedgeOfAssetBackedSecuritiesUnderRepurchaseAgreementsMember" xlink:href="itub-20251231.xsd#itub_HedgeOfAssetBackedSecuritiesUnderRepurchaseAgreementsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_HedgeOfAssetBackedSecuritiesUnderRepurchaseAgreementsMember" xlink:to="lab_itub_HedgeOfAssetBackedSecuritiesUnderRepurchaseAgreementsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PercentageOfAggregateFundsFromCustomersAvailableOnDemand_2a3b916a-3366-487d-841c-e9f64cafc1b1_terseLabel_en-US" xlink:label="lab_itub_PercentageOfAggregateFundsFromCustomersAvailableOnDemand" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of aggregate funds from customers available on demand</link:label>
    <link:label id="lab_itub_PercentageOfAggregateFundsFromCustomersAvailableOnDemand_label_en-US" xlink:label="lab_itub_PercentageOfAggregateFundsFromCustomersAvailableOnDemand" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Aggregate Funds From Customers Available On Demand</link:label>
    <link:label id="lab_itub_PercentageOfAggregateFundsFromCustomersAvailableOnDemand_documentation_en-US" xlink:label="lab_itub_PercentageOfAggregateFundsFromCustomersAvailableOnDemand" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage Of Aggregate Funds From Customers Available On Demand</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PercentageOfAggregateFundsFromCustomersAvailableOnDemand" xlink:href="itub-20251231.xsd#itub_PercentageOfAggregateFundsFromCustomersAvailableOnDemand"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PercentageOfAggregateFundsFromCustomersAvailableOnDemand" xlink:to="lab_itub_PercentageOfAggregateFundsFromCustomersAvailableOnDemand" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_MortgageLoansMember_1f1a610c-9df4-461e-b1d5-d22aa661c431_terseLabel_en-US" xlink:label="lab_itub_MortgageLoansMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage loans</link:label>
    <link:label id="lab_itub_MortgageLoansMember_label_en-US" xlink:label="lab_itub_MortgageLoansMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loans [Member]</link:label>
    <link:label id="lab_itub_MortgageLoansMember_documentation_en-US" xlink:label="lab_itub_MortgageLoansMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mortgage Loans [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_MortgageLoansMember" xlink:href="itub-20251231.xsd#itub_MortgageLoansMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_MortgageLoansMember" xlink:to="lab_itub_MortgageLoansMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughOtherChangesIntangibleAssetsAndGoodwill_5eeef95d-14c3-46c0-a77a-d78094bf13a4_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughOtherChangesIntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughOtherChangesIntangibleAssetsAndGoodwill_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughOtherChangesIntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through other changes, intangible assets and goodwill</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughOtherChangesIntangibleAssetsAndGoodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughOtherChangesIntangibleAssetsAndGoodwill"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughOtherChangesIntangibleAssetsAndGoodwill" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughOtherChangesIntangibleAssetsAndGoodwill" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialAssetsAtCostThroughOtherComprehensiveIncomeSecurities_7015d662-7d6a-404f-b076-09b47988c48f_verboseLabel_en-US" xlink:label="lab_itub_FinancialAssetsAtCostThroughOtherComprehensiveIncomeSecurities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Gross book value</link:label>
    <link:label id="lab_itub_FinancialAssetsAtCostThroughOtherComprehensiveIncomeSecurities_019dac63-17fc-79fb-bcde-48814cb78bbe_totalLabel_en-US" xlink:label="lab_itub_FinancialAssetsAtCostThroughOtherComprehensiveIncomeSecurities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total gross book value</link:label>
    <link:label id="lab_itub_FinancialAssetsAtCostThroughOtherComprehensiveIncomeSecurities_label_en-US" xlink:label="lab_itub_FinancialAssetsAtCostThroughOtherComprehensiveIncomeSecurities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Assets At Cost Through Other Comprehensive Income Securities</link:label>
    <link:label id="lab_itub_FinancialAssetsAtCostThroughOtherComprehensiveIncomeSecurities_documentation_en-US" xlink:label="lab_itub_FinancialAssetsAtCostThroughOtherComprehensiveIncomeSecurities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial Assets At Cost Through Other Comprehensive Income Securities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialAssetsAtCostThroughOtherComprehensiveIncomeSecurities" xlink:href="itub-20251231.xsd#itub_FinancialAssetsAtCostThroughOtherComprehensiveIncomeSecurities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialAssetsAtCostThroughOtherComprehensiveIncomeSecurities" xlink:to="lab_itub_FinancialAssetsAtCostThroughOtherComprehensiveIncomeSecurities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_StagesThreeMember_d7df7503-f000-4064-8425-45d448944885_terseLabel_en-US" xlink:label="lab_itub_StagesThreeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stage 3</link:label>
    <link:label id="lab_itub_StagesThreeMember_label_en-US" xlink:label="lab_itub_StagesThreeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stages Three [Member]</link:label>
    <link:label id="lab_itub_StagesThreeMember_documentation_en-US" xlink:label="lab_itub_StagesThreeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Stages Three [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_StagesThreeMember" xlink:href="itub-20251231.xsd#itub_StagesThreeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_StagesThreeMember" xlink:to="lab_itub_StagesThreeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityVoluntaryFilers_96ef123a-1e69-49aa-9d69-58e01b777abd_terseLabel_en-US" xlink:label="lab_dei_EntityVoluntaryFilers" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Voluntary Filers</link:label>
    <link:label id="lab_dei_EntityVoluntaryFilers_label_en-US" xlink:label="lab_dei_EntityVoluntaryFilers" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Voluntary Filers</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityVoluntaryFilers" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityVoluntaryFilers"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityVoluntaryFilers" xlink:to="lab_dei_EntityVoluntaryFilers" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_NetDeferredTaxAsset_415a01f0-865e-466c-8a59-b6e0f4798e2e_verboseLabel_en-US" xlink:label="lab_itub_NetDeferredTaxAsset" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax assets</link:label>
    <link:label id="lab_itub_NetDeferredTaxAsset_label_en-US" xlink:label="lab_itub_NetDeferredTaxAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Deferred Tax Asset</link:label>
    <link:label id="lab_itub_NetDeferredTaxAsset_documentation_en-US" xlink:label="lab_itub_NetDeferredTaxAsset" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net Deferred Tax Asset</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_NetDeferredTaxAsset" xlink:href="itub-20251231.xsd#itub_NetDeferredTaxAsset"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_NetDeferredTaxAsset" xlink:to="lab_itub_NetDeferredTaxAsset" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DefinedBenefitPlansByNameDomain_d9e4f430-61fb-46e6-9a60-02d52a1ff739_terseLabel_en-US" xlink:label="lab_itub_DefinedBenefitPlansByNameDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">DefinedBenefitPlansByNameDomain</link:label>
    <link:label id="lab_itub_DefinedBenefitPlansByNameDomain_label_en-US" xlink:label="lab_itub_DefinedBenefitPlansByNameDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">DefinedBenefitPlansByName [Domain]</link:label>
    <link:label id="lab_itub_DefinedBenefitPlansByNameDomain_documentation_en-US" xlink:label="lab_itub_DefinedBenefitPlansByNameDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">DefinedBenefitPlansByName</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DefinedBenefitPlansByNameDomain" xlink:href="itub-20251231.xsd#itub_DefinedBenefitPlansByNameDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DefinedBenefitPlansByNameDomain" xlink:to="lab_itub_DefinedBenefitPlansByNameDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_MandatoryReserveDepositsAtCentralBanks_6c63ae4c-d326-47b6-814c-b520ecc76668_terseLabel_en-US" xlink:label="lab_ifrs-full_MandatoryReserveDepositsAtCentralBanks" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Central Bank of Brazil deposits</link:label>
    <link:label id="lab_ifrs-full_MandatoryReserveDepositsAtCentralBanks_d904b593-693e-416f-a9f2-5cfb3962c728_negatedLabel_en-US" xlink:label="lab_ifrs-full_MandatoryReserveDepositsAtCentralBanks" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Central Bank of Brazil deposits</link:label>
    <link:label id="lab_ifrs-full_MandatoryReserveDepositsAtCentralBanks_label_en-US" xlink:label="lab_ifrs-full_MandatoryReserveDepositsAtCentralBanks" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mandatory reserve deposits at central banks</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MandatoryReserveDepositsAtCentralBanks" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MandatoryReserveDepositsAtCentralBanks"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MandatoryReserveDepositsAtCentralBanks" xlink:to="lab_ifrs-full_MandatoryReserveDepositsAtCentralBanks" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProportionOfOwnershipInterestInSubsidiary_404db761-e40a-479b-8712-80a1879fc179_terseLabel_en-US" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest in total capital %</link:label>
    <link:label id="lab_ifrs-full_ProportionOfOwnershipInterestInSubsidiary_label_en-US" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proportion of ownership interest in subsidiary</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProportionOfOwnershipInterestInSubsidiary"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xlink:to="lab_ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TaxAndSocialSecurityObligationsMember_ecd2884a-24fc-45c8-aeb9-4e4af9e08c49_terseLabel_en-US" xlink:label="lab_itub_TaxAndSocialSecurityObligationsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Tax and social security obligations</link:label>
    <link:label id="lab_itub_TaxAndSocialSecurityObligationsMember_label_en-US" xlink:label="lab_itub_TaxAndSocialSecurityObligationsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax And Social Security Obligations [Member]</link:label>
    <link:label id="lab_itub_TaxAndSocialSecurityObligationsMember_documentation_en-US" xlink:label="lab_itub_TaxAndSocialSecurityObligationsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tax And Social Security Obligations [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TaxAndSocialSecurityObligationsMember" xlink:href="itub-20251231.xsd#itub_TaxAndSocialSecurityObligationsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TaxAndSocialSecurityObligationsMember" xlink:to="lab_itub_TaxAndSocialSecurityObligationsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AllOtherCountriesMember_60a64df2-8435-4701-978d-60a8a3cf487b_terseLabel_en-US" xlink:label="lab_itub_AllOtherCountriesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Abroad</link:label>
    <link:label id="lab_itub_AllOtherCountriesMember_label_en-US" xlink:label="lab_itub_AllOtherCountriesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">All Other Countries [Member]</link:label>
    <link:label id="lab_itub_AllOtherCountriesMember_documentation_en-US" xlink:label="lab_itub_AllOtherCountriesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">All Other Countries [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AllOtherCountriesMember" xlink:href="itub-20251231.xsd#itub_AllOtherCountriesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AllOtherCountriesMember" xlink:to="lab_itub_AllOtherCountriesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherAssetsAndLiabilitiesTextBlock_4b37cac3-ef56-4f73-be37-0a98439d155a_terseLabel_en-US" xlink:label="lab_itub_OtherAssetsAndLiabilitiesTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other assets and liabilities</link:label>
    <link:label id="lab_itub_OtherAssetsAndLiabilitiesTextBlock_label_en-US" xlink:label="lab_itub_OtherAssetsAndLiabilitiesTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Assets And Liabilities [Text Block]</link:label>
    <link:label id="lab_itub_OtherAssetsAndLiabilitiesTextBlock_documentation_en-US" xlink:label="lab_itub_OtherAssetsAndLiabilitiesTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Assets And Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherAssetsAndLiabilitiesTextBlock" xlink:href="itub-20251231.xsd#itub_OtherAssetsAndLiabilitiesTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherAssetsAndLiabilitiesTextBlock" xlink:to="lab_itub_OtherAssetsAndLiabilitiesTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ProvisionForExpectedLossOfFinancialLiabilities_019d984f-1875-7c60-a17f-4bc023656d72_negatedTerseLabel_en-US" xlink:label="lab_itub_ProvisionForExpectedLossOfFinancialLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Financial liabilities - Provisions for financial guarantees, credit commitments and credits to be released</link:label>
    <link:label id="lab_itub_ProvisionForExpectedLossOfFinancialLiabilities_label_en-US" xlink:label="lab_itub_ProvisionForExpectedLossOfFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial liabilities - provision for expected loss</link:label>
    <link:label id="lab_itub_ProvisionForExpectedLossOfFinancialLiabilities_documentation_en-US" xlink:label="lab_itub_ProvisionForExpectedLossOfFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial liabilities - provision for expected loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ProvisionForExpectedLossOfFinancialLiabilities" xlink:href="itub-20251231.xsd#itub_ProvisionForExpectedLossOfFinancialLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ProvisionForExpectedLossOfFinancialLiabilities" xlink:to="lab_itub_ProvisionForExpectedLossOfFinancialLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityRegistrantName_930f1298-620e-47d6-84cd-943221c4c08b_terseLabel_en-US" xlink:label="lab_dei_EntityRegistrantName" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:label id="lab_dei_EntityRegistrantName_label_en-US" xlink:label="lab_dei_EntityRegistrantName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityRegistrantName" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityRegistrantName"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityRegistrantName" xlink:to="lab_dei_EntityRegistrantName" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OverFiveYearsMember_6017df4e-7f77-4db1-a6a9-e1cb8961e180_terseLabel_en-US" xlink:label="lab_itub_OverFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Over 5 years</link:label>
    <link:label id="lab_itub_OverFiveYearsMember_label_en-US" xlink:label="lab_itub_OverFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Over Five Years [Member]</link:label>
    <link:label id="lab_itub_OverFiveYearsMember_documentation_en-US" xlink:label="lab_itub_OverFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Over Five Years [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OverFiveYearsMember" xlink:href="itub-20251231.xsd#itub_OverFiveYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OverFiveYearsMember" xlink:to="lab_itub_OverFiveYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BasicEarningsLossPerShare_1f214ba3-e30b-41cb-9598-a626fd5a7556_terseLabel_en-US" xlink:label="lab_ifrs-full_BasicEarningsLossPerShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Earnings per share - basic (in brl per share)</link:label>
    <link:label id="lab_ifrs-full_BasicEarningsLossPerShare_a9721a2a-c0e3-4799-8ba4-35f5d1c892f5_verboseLabel_en-US" xlink:label="lab_ifrs-full_BasicEarningsLossPerShare" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Basic earnings per share (in brl per share)</link:label>
    <link:label id="lab_ifrs-full_BasicEarningsLossPerShare_label_en-US" xlink:label="lab_ifrs-full_BasicEarningsLossPerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Basic earnings (loss) per share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BasicEarningsLossPerShare" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BasicEarningsLossPerShare"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BasicEarningsLossPerShare" xlink:to="lab_ifrs-full_BasicEarningsLossPerShare" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains_482c0363-553b-49b0-b56d-8b55aae6c5f8_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effects of changes in exchange rates on cash and cash equivalents</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for unrealised foreign exchange losses (gains)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains" xlink:to="lab_ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_MeasurementAxis_149b07b2-3995-49bd-ac49-da876b44a8a5_terseLabel_en-US" xlink:label="lab_ifrs-full_MeasurementAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Measurement [axis]</link:label>
    <link:label id="lab_ifrs-full_MeasurementAxis_label_en-US" xlink:label="lab_ifrs-full_MeasurementAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Measurement [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MeasurementAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MeasurementAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MeasurementAxis" xlink:to="lab_ifrs-full_MeasurementAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TotalAmountOfRecognisedInProfitOrLoss_5ab836fe-6153-4d78-92d6-d740eaaa6c27_totalLabel_en-US" xlink:label="lab_itub_TotalAmountOfRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_itub_TotalAmountOfRecognisedInProfitOrLoss_label_en-US" xlink:label="lab_itub_TotalAmountOfRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Amount Of Recognised In Profit Or Loss</link:label>
    <link:label id="lab_itub_TotalAmountOfRecognisedInProfitOrLoss_documentation_en-US" xlink:label="lab_itub_TotalAmountOfRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total Amount Of Recognised In Profit Or Loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TotalAmountOfRecognisedInProfitOrLoss" xlink:href="itub-20251231.xsd#itub_TotalAmountOfRecognisedInProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TotalAmountOfRecognisedInProfitOrLoss" xlink:to="lab_itub_TotalAmountOfRecognisedInProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OptionsMember_58d5a254-3ed1-45b0-a864-a3dd826264b3_terseLabel_en-US" xlink:label="lab_itub_OptionsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Options</link:label>
    <link:label id="lab_itub_OptionsMember_label_en-US" xlink:label="lab_itub_OptionsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Options [Member]</link:label>
    <link:label id="lab_itub_OptionsMember_documentation_en-US" xlink:label="lab_itub_OptionsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Options [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OptionsMember" xlink:href="itub-20251231.xsd#itub_OptionsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OptionsMember" xlink:to="lab_itub_OptionsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_StructuredNotes_0503a060-88c6-4833-a9f2-3cf43ef9ad0e_terseLabel_en-US" xlink:label="lab_itub_StructuredNotes" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Structured notes</link:label>
    <link:label id="lab_itub_StructuredNotes_label_en-US" xlink:label="lab_itub_StructuredNotes" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Structured Notes</link:label>
    <link:label id="lab_itub_StructuredNotes_documentation_en-US" xlink:label="lab_itub_StructuredNotes" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Structured Notes</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_StructuredNotes" xlink:href="itub-20251231.xsd#itub_StructuredNotes"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_StructuredNotes" xlink:to="lab_itub_StructuredNotes" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PortfolioTransferredMember_019c90a0-5156-794b-bea5-b172312b1e7f_terseLabel_en-US" xlink:label="lab_itub_PortfolioTransferredMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Portfolio transferred</link:label>
    <link:label id="lab_itub_PortfolioTransferredMember_label_en-US" xlink:label="lab_itub_PortfolioTransferredMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Portfolio transferred [Member]</link:label>
    <link:label id="lab_itub_PortfolioTransferredMember_documentation_en-US" xlink:label="lab_itub_PortfolioTransferredMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Portfolio transferred</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PortfolioTransferredMember" xlink:href="itub-20251231.xsd#itub_PortfolioTransferredMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PortfolioTransferredMember" xlink:to="lab_itub_PortfolioTransferredMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherCounterpartyCreditRiskMember_864a18b5-1953-44f1-b0c1-42363e42f057_terseLabel_en-US" xlink:label="lab_itub_OtherCounterpartyCreditRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Of which: standardized approach for counterparty credit risk (SA-CCR)</link:label>
    <link:label id="lab_itub_OtherCounterpartyCreditRiskMember_label_en-US" xlink:label="lab_itub_OtherCounterpartyCreditRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Counterparty Credit Risk [Member]</link:label>
    <link:label id="lab_itub_OtherCounterpartyCreditRiskMember_documentation_en-US" xlink:label="lab_itub_OtherCounterpartyCreditRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Counterparty Credit Risk [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherCounterpartyCreditRiskMember" xlink:href="itub-20251231.xsd#itub_OtherCounterpartyCreditRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherCounterpartyCreditRiskMember" xlink:to="lab_itub_OtherCounterpartyCreditRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable_dbf792ca-68a5-42c6-959f-4d216b185bba_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of amounts to be recovered or settled after twelve months for classes of assets and liabilities that contain amounts to be recovered or settled both no more and more than twelve months after reporting date [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of amounts to be recovered or settled after twelve months for classes of assets and liabilities that contain amounts to be recovered or settled both no more and more than twelve months after reporting date [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable" xlink:to="lab_ifrs-full_DisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IncomeTaxAndSocialContributionOtherAssets_d10da623-a606-4ba6-b275-61e3cf8167b4_terseLabel_en-US" xlink:label="lab_itub_IncomeTaxAndSocialContributionOtherAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_itub_IncomeTaxAndSocialContributionOtherAssets_label_en-US" xlink:label="lab_itub_IncomeTaxAndSocialContributionOtherAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_itub_IncomeTaxAndSocialContributionOtherAssets_documentation_en-US" xlink:label="lab_itub_IncomeTaxAndSocialContributionOtherAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IncomeTaxAndSocialContributionOtherAssets" xlink:href="itub-20251231.xsd#itub_IncomeTaxAndSocialContributionOtherAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IncomeTaxAndSocialContributionOtherAssets" xlink:to="lab_itub_IncomeTaxAndSocialContributionOtherAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RiskAndCapitalManagementLineItems_bfaffd64-09b2-4876-814c-5a4b494b1022_terseLabel_en-US" xlink:label="lab_itub_RiskAndCapitalManagementLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Risk And Capital Management [Line Items]</link:label>
    <link:label id="lab_itub_RiskAndCapitalManagementLineItems_label_en-US" xlink:label="lab_itub_RiskAndCapitalManagementLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Risk And Capital Management [Line Items]</link:label>
    <link:label id="lab_itub_RiskAndCapitalManagementLineItems_documentation_en-US" xlink:label="lab_itub_RiskAndCapitalManagementLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Risk And Capital Management</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RiskAndCapitalManagementLineItems" xlink:href="itub-20251231.xsd#itub_RiskAndCapitalManagementLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RiskAndCapitalManagementLineItems" xlink:to="lab_itub_RiskAndCapitalManagementLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialInstrumentsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRiskAxis_6e056d1f-e1a6-4a50-943f-800ad6406668_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialInstrumentsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRiskAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial instruments measured at fair value through profit or loss because credit derivative is used to manage credit risk [axis]</link:label>
    <link:label id="lab_ifrs-full_FinancialInstrumentsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRiskAxis_label_en-US" xlink:label="lab_ifrs-full_FinancialInstrumentsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRiskAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial instruments measured at fair value through profit or loss because credit derivative is used to manage credit risk [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialInstrumentsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRiskAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialInstrumentsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRiskAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialInstrumentsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRiskAxis" xlink:to="lab_ifrs-full_FinancialInstrumentsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRiskAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestAndSimilarExpenses_f15cfa61-3377-4f11-bb6f-88db8f4fb2e8_negatedLabel_en-US" xlink:label="lab_itub_InterestAndSimilarExpenses" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Interest and similar expense</link:label>
    <link:label id="lab_itub_InterestAndSimilarExpenses_label_en-US" xlink:label="lab_itub_InterestAndSimilarExpenses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest And Similar Expenses</link:label>
    <link:label id="lab_itub_InterestAndSimilarExpenses_documentation_en-US" xlink:label="lab_itub_InterestAndSimilarExpenses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest And Similar Expenses</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestAndSimilarExpenses" xlink:href="itub-20251231.xsd#itub_InterestAndSimilarExpenses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestAndSimilarExpenses" xlink:to="lab_itub_InterestAndSimilarExpenses" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsTable_04e1819b-aa5a-486b-bd20-7dfe17a7c3c4_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of offsetting of financial assets [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of offsetting of financial assets [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOffsettingOfFinancialAssetsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsTable" xlink:to="lab_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForSharebasedPayments_1fb80c0d-a332-40d4-a65e-addd568df6b5_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForSharebasedPayments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based payment</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForSharebasedPayments_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForSharebasedPayments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for share-based payments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForSharebasedPayments" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForSharebasedPayments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForSharebasedPayments" xlink:to="lab_ifrs-full_AdjustmentsForSharebasedPayments" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_MaximumExposureToCreditRiskOfLoansOrReceivable_64119064-c381-4bf5-9b69-fc2a551aaf95_negatedLabel_en-US" xlink:label="lab_itub_MaximumExposureToCreditRiskOfLoansOrReceivable" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Expected credit loss</link:label>
    <link:label id="lab_itub_MaximumExposureToCreditRiskOfLoansOrReceivable_label_en-US" xlink:label="lab_itub_MaximumExposureToCreditRiskOfLoansOrReceivable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maximum Exposure To Credit Risk Of Loans Or Receivable</link:label>
    <link:label id="lab_itub_MaximumExposureToCreditRiskOfLoansOrReceivable_documentation_en-US" xlink:label="lab_itub_MaximumExposureToCreditRiskOfLoansOrReceivable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Maximum Exposure To Credit Risk Of Loans Or Receivable</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_MaximumExposureToCreditRiskOfLoansOrReceivable" xlink:href="itub-20251231.xsd#itub_MaximumExposureToCreditRiskOfLoansOrReceivable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_MaximumExposureToCreditRiskOfLoansOrReceivable" xlink:to="lab_itub_MaximumExposureToCreditRiskOfLoansOrReceivable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_019da9c8-8703-7790-87a2-6047c4ef0db5_totalLabel_en-US" xlink:label="lab_ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net financial assets subject to offsetting, enforceable master netting arrangements or similar agreements</link:label>
    <link:label id="lab_ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_label_en-US" xlink:label="lab_ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net financial assets subject to offsetting, enforceable master netting arrangements or similar agreements</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:to="lab_ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypesOfFinancialAssetsAxis_d4333088-d3f4-4ab7-b61f-02362abea790_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfFinancialAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types of financial assets [axis]</link:label>
    <link:label id="lab_ifrs-full_TypesOfFinancialAssetsAxis_label_en-US" xlink:label="lab_ifrs-full_TypesOfFinancialAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Types of financial assets [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfFinancialAssetsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfFinancialAssetsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfFinancialAssetsAxis" xlink:to="lab_ifrs-full_TypesOfFinancialAssetsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IrpjCsllPisAndCofinsMember_c581f1f0-1668-4f40-b14e-96059f38b2ad_terseLabel_en-US" xlink:label="lab_itub_IrpjCsllPisAndCofinsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">IRPJ, CSLL, PIS and COFINS</link:label>
    <link:label id="lab_itub_IrpjCsllPisAndCofinsMember_label_en-US" xlink:label="lab_itub_IrpjCsllPisAndCofinsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Irpj Csll Pis And Cofins [Member]</link:label>
    <link:label id="lab_itub_IrpjCsllPisAndCofinsMember_documentation_en-US" xlink:label="lab_itub_IrpjCsllPisAndCofinsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Irpj Csll Pis And Cofins [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IrpjCsllPisAndCofinsMember" xlink:href="itub-20251231.xsd#itub_IrpjCsllPisAndCofinsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IrpjCsllPisAndCofinsMember" xlink:to="lab_itub_IrpjCsllPisAndCofinsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherItemsReflectedInIncomeMember_15a38483-8e90-4fe4-bcb6-c0260e38eba0_terseLabel_en-US" xlink:label="lab_itub_OtherItemsReflectedInIncomeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_itub_OtherItemsReflectedInIncomeMember_label_en-US" xlink:label="lab_itub_OtherItemsReflectedInIncomeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Items Reflected In Income [Member]</link:label>
    <link:label id="lab_itub_OtherItemsReflectedInIncomeMember_documentation_en-US" xlink:label="lab_itub_OtherItemsReflectedInIncomeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Items Reflected In Income [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherItemsReflectedInIncomeMember" xlink:href="itub-20251231.xsd#itub_OtherItemsReflectedInIncomeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherItemsReflectedInIncomeMember" xlink:to="lab_itub_OtherItemsReflectedInIncomeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LaborClaimsMember_552b0693-0660-4f3a-a5f8-39ecc017a420_terseLabel_en-US" xlink:label="lab_itub_LaborClaimsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Labor claims</link:label>
    <link:label id="lab_itub_LaborClaimsMember_label_en-US" xlink:label="lab_itub_LaborClaimsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Labor Claims [Member]</link:label>
    <link:label id="lab_itub_LaborClaimsMember_documentation_en-US" xlink:label="lab_itub_LaborClaimsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Labor Claims [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LaborClaimsMember" xlink:href="itub-20251231.xsd#itub_LaborClaimsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LaborClaimsMember" xlink:to="lab_itub_LaborClaimsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncontrollingInterests_454db374-62a1-4750-a01a-41962afe0d6d_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-controlling interests</link:label>
    <link:label id="lab_ifrs-full_NoncontrollingInterests_512bad1d-ef52-472b-9274-b9828b1b3a63_verboseLabel_en-US" xlink:label="lab_ifrs-full_NoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Stockholders&#8217; equity</link:label>
    <link:label id="lab_ifrs-full_NoncontrollingInterests_label_en-US" xlink:label="lab_ifrs-full_NoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-controlling interests</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncontrollingInterests" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncontrollingInterests"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncontrollingInterests" xlink:to="lab_ifrs-full_NoncontrollingInterests" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfInformationAboutTermsAndConditionsOfHedgingInstrumentsAndHowTheyAffectFutureCashFlowsTable_fe16549a-fa14-4f41-aadb-ec650fdcb91b_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfInformationAboutTermsAndConditionsOfHedgingInstrumentsAndHowTheyAffectFutureCashFlowsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of information about terms and conditions of hedging instruments and how they affect future cash flows [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfInformationAboutTermsAndConditionsOfHedgingInstrumentsAndHowTheyAffectFutureCashFlowsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfInformationAboutTermsAndConditionsOfHedgingInstrumentsAndHowTheyAffectFutureCashFlowsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of information about terms and conditions of hedging instruments and how they affect future cash flows [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfInformationAboutTermsAndConditionsOfHedgingInstrumentsAndHowTheyAffectFutureCashFlowsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfInformationAboutTermsAndConditionsOfHedgingInstrumentsAndHowTheyAffectFutureCashFlowsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInformationAboutTermsAndConditionsOfHedgingInstrumentsAndHowTheyAffectFutureCashFlowsTable" xlink:to="lab_ifrs-full_DisclosureOfInformationAboutTermsAndConditionsOfHedgingInstrumentsAndHowTheyAffectFutureCashFlowsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfEmployeeBenefitsExplanatory_eefaec82-71fd-4277-8194-b7106042d3e0_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfEmployeeBenefitsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Post-employment benefits</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfEmployeeBenefitsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfEmployeeBenefitsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of employee benefits [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfEmployeeBenefitsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfEmployeeBenefitsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfEmployeeBenefitsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfEmployeeBenefitsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InvestmentGradeMember_a026838a-2578-4207-87b8-3f1e1ae3c84e_terseLabel_en-US" xlink:label="lab_itub_InvestmentGradeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment grade</link:label>
    <link:label id="lab_itub_InvestmentGradeMember_label_en-US" xlink:label="lab_itub_InvestmentGradeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Grade [Member]</link:label>
    <link:label id="lab_itub_InvestmentGradeMember_documentation_en-US" xlink:label="lab_itub_InvestmentGradeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Investment Grade [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InvestmentGradeMember" xlink:href="itub-20251231.xsd#itub_InvestmentGradeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InvestmentGradeMember" xlink:to="lab_itub_InvestmentGradeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherSecuritiesMember_8994977b-4d34-478d-ac42-8332c13c1a01_terseLabel_en-US" xlink:label="lab_itub_OtherSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_itub_OtherSecuritiesMember_label_en-US" xlink:label="lab_itub_OtherSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Securities [Member]</link:label>
    <link:label id="lab_itub_OtherSecuritiesMember_documentation_en-US" xlink:label="lab_itub_OtherSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Securities [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherSecuritiesMember" xlink:href="itub-20251231.xsd#itub_OtherSecuritiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherSecuritiesMember" xlink:to="lab_itub_OtherSecuritiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CostOfCredit_e7dfb48b-f2dd-4d0e-8a8d-587d6d65e64c_terseLabel_en-US" xlink:label="lab_itub_CostOfCredit" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cost of Credit</link:label>
    <link:label id="lab_itub_CostOfCredit_label_en-US" xlink:label="lab_itub_CostOfCredit" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cost Of Credit</link:label>
    <link:label id="lab_itub_CostOfCredit_documentation_en-US" xlink:label="lab_itub_CostOfCredit" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cost Of Credit</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CostOfCredit" xlink:href="itub-20251231.xsd#itub_CostOfCredit"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CostOfCredit" xlink:to="lab_itub_CostOfCredit" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable_6849315e-fc37-4412-8516-fdf9169bb46a_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of disaggregation of revenue from contracts with customers [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of disaggregation of revenue from contracts with customers [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable" xlink:to="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfEstimatedFairValueForFinancialAssetsAndLiabilitiesTableTextBlock_7f646006-f7a2-45b0-bdee-504885b2bfc1_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfEstimatedFairValueForFinancialAssetsAndLiabilitiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Estimated Fair Value for Financial Assets and Liabilities</link:label>
    <link:label id="lab_itub_ScheduleOfEstimatedFairValueForFinancialAssetsAndLiabilitiesTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfEstimatedFairValueForFinancialAssetsAndLiabilitiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Estimated Fair Value For Financial Assets And Liabilities [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfEstimatedFairValueForFinancialAssetsAndLiabilitiesTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfEstimatedFairValueForFinancialAssetsAndLiabilitiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Estimated Fair Value For Financial Assets And Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfEstimatedFairValueForFinancialAssetsAndLiabilitiesTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfEstimatedFairValueForFinancialAssetsAndLiabilitiesTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfEstimatedFairValueForFinancialAssetsAndLiabilitiesTableTextBlock" xlink:to="lab_itub_ScheduleOfEstimatedFairValueForFinancialAssetsAndLiabilitiesTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NetInvestmentInFinanceLease_019dbe8f-aa54-722f-a2b4-28000e61460c_totalLabel_en-US" xlink:label="lab_ifrs-full_NetInvestmentInFinanceLease" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Payments receivable</link:label>
    <link:label id="lab_ifrs-full_NetInvestmentInFinanceLease_label_en-US" xlink:label="lab_ifrs-full_NetInvestmentInFinanceLease" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net investment in finance lease</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NetInvestmentInFinanceLease" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NetInvestmentInFinanceLease"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NetInvestmentInFinanceLease" xlink:to="lab_ifrs-full_NetInvestmentInFinanceLease" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DepositsInGuaranteeOfFundRaisingAbroadMember_d1f98cac-ee9f-423c-8dae-c385777eacba_terseLabel_en-US" xlink:label="lab_itub_DepositsInGuaranteeOfFundRaisingAbroadMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deposits in guarantee of fund raisings abroad</link:label>
    <link:label id="lab_itub_DepositsInGuaranteeOfFundRaisingAbroadMember_label_en-US" xlink:label="lab_itub_DepositsInGuaranteeOfFundRaisingAbroadMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deposits In Guarantee Of Fund Raising Abroad [Member]</link:label>
    <link:label id="lab_itub_DepositsInGuaranteeOfFundRaisingAbroadMember_documentation_en-US" xlink:label="lab_itub_DepositsInGuaranteeOfFundRaisingAbroadMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deposits In Guarantee Of Fund Raising Abroad [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DepositsInGuaranteeOfFundRaisingAbroadMember" xlink:href="itub-20251231.xsd#itub_DepositsInGuaranteeOfFundRaisingAbroadMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DepositsInGuaranteeOfFundRaisingAbroadMember" xlink:to="lab_itub_DepositsInGuaranteeOfFundRaisingAbroadMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EmployerContributions_7568e91a-3a68-4c62-8b09-aec6aca5f2aa_terseLabel_en-US" xlink:label="lab_ifrs-full_EmployerContributions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contributions made</link:label>
    <link:label id="lab_ifrs-full_EmployerContributions_label_en-US" xlink:label="lab_ifrs-full_EmployerContributions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employer contributions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EmployerContributions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EmployerContributions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EmployerContributions" xlink:to="lab_ifrs-full_EmployerContributions" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SegmentInformationAbstract_910653cf-243e-4d6a-8806-009e60f53a7e_terseLabel_en-US" xlink:label="lab_itub_SegmentInformationAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Segment Information</link:label>
    <link:label id="lab_itub_SegmentInformationAbstract_label_en-US" xlink:label="lab_itub_SegmentInformationAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segment Information [Abstract]</link:label>
    <link:label id="lab_itub_SegmentInformationAbstract_documentation_en-US" xlink:label="lab_itub_SegmentInformationAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Segment Information</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SegmentInformationAbstract" xlink:href="itub-20251231.xsd#itub_SegmentInformationAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SegmentInformationAbstract" xlink:to="lab_itub_SegmentInformationAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CreditDerivativeNominalAmount_f4100385-5db5-4211-b2b5-d87abbb8f994_terseLabel_en-US" xlink:label="lab_ifrs-full_CreditDerivativeNominalAmount" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Notional amount</link:label>
    <link:label id="lab_ifrs-full_CreditDerivativeNominalAmount_53fe250b-c7c3-4314-8a2e-069f48fab664_verboseLabel_en-US" xlink:label="lab_ifrs-full_CreditDerivativeNominalAmount" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Notional amount</link:label>
    <link:label id="lab_ifrs-full_CreditDerivativeNominalAmount_label_en-US" xlink:label="lab_ifrs-full_CreditDerivativeNominalAmount" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit derivative, nominal amount</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CreditDerivativeNominalAmount" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CreditDerivativeNominalAmount"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CreditDerivativeNominalAmount" xlink:to="lab_ifrs-full_CreditDerivativeNominalAmount" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_30dcdc16-1ff6-4550-91a5-cd7e77688348_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">7 - Exchange variation</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) in net defined benefit liability (asset) resulting from changes in foreign exchange rates, net defined benefit liability (asset)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DescriptionOfAccountingPolicyForProvisionsContingentAssetsAndContingentLiabilitiesExplanatoryPolicyTextBlock_5397b5e4-6a0e-40a5-9725-0a4c78bcf0f0_verboseLabel_en-US" xlink:label="lab_itub_DescriptionOfAccountingPolicyForProvisionsContingentAssetsAndContingentLiabilitiesExplanatoryPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Provisions, contingent assets and contingent liabilities</link:label>
    <link:label id="lab_itub_DescriptionOfAccountingPolicyForProvisionsContingentAssetsAndContingentLiabilitiesExplanatoryPolicyTextBlock_label_en-US" xlink:label="lab_itub_DescriptionOfAccountingPolicyForProvisionsContingentAssetsAndContingentLiabilitiesExplanatoryPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">DescriptionOfAccountingPolicyForProvisionsContingentAssetsAndContingentLiabilitiesExplanatory [Policy Text Block]</link:label>
    <link:label id="lab_itub_DescriptionOfAccountingPolicyForProvisionsContingentAssetsAndContingentLiabilitiesExplanatoryPolicyTextBlock_documentation_en-US" xlink:label="lab_itub_DescriptionOfAccountingPolicyForProvisionsContingentAssetsAndContingentLiabilitiesExplanatoryPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">DescriptionOfAccountingPolicyForProvisionsContingentAssetsAndContingentLiabilitiesExplanatory</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DescriptionOfAccountingPolicyForProvisionsContingentAssetsAndContingentLiabilitiesExplanatoryPolicyTextBlock" xlink:href="itub-20251231.xsd#itub_DescriptionOfAccountingPolicyForProvisionsContingentAssetsAndContingentLiabilitiesExplanatoryPolicyTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DescriptionOfAccountingPolicyForProvisionsContingentAssetsAndContingentLiabilitiesExplanatoryPolicyTextBlock" xlink:to="lab_itub_DescriptionOfAccountingPolicyForProvisionsContingentAssetsAndContingentLiabilitiesExplanatoryPolicyTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DebtInstrumentFaceAmount1_f4a46cfb-a606-4882-b2d0-1edff2a48136_terseLabel_en-US" xlink:label="lab_itub_DebtInstrumentFaceAmount1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Principal amount (original currency)</link:label>
    <link:label id="lab_itub_DebtInstrumentFaceAmount1_label_en-US" xlink:label="lab_itub_DebtInstrumentFaceAmount1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Principal amount</link:label>
    <link:label id="lab_itub_DebtInstrumentFaceAmount1_documentation_en-US" xlink:label="lab_itub_DebtInstrumentFaceAmount1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Principal amount</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DebtInstrumentFaceAmount1" xlink:href="itub-20251231.xsd#itub_DebtInstrumentFaceAmount1"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DebtInstrumentFaceAmount1" xlink:to="lab_itub_DebtInstrumentFaceAmount1" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfDefinedBenefitContributionTableTextBlock_94f49ccc-af58-4103-aefa-ffeec5f596e6_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfDefinedBenefitContributionTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Defined Benefit Contribution</link:label>
    <link:label id="lab_itub_ScheduleOfDefinedBenefitContributionTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfDefinedBenefitContributionTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Defined Benefit Contribution [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfDefinedBenefitContributionTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfDefinedBenefitContributionTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Defined Benefit Contribution</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfDefinedBenefitContributionTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfDefinedBenefitContributionTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfDefinedBenefitContributionTableTextBlock" xlink:to="lab_itub_ScheduleOfDefinedBenefitContributionTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SecurityDepositsMember_80fdff77-76db-44b8-a951-7780c3be07f6_terseLabel_en-US" xlink:label="lab_itub_SecurityDepositsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Institutional market funds</link:label>
    <link:label id="lab_itub_SecurityDepositsMember_label_en-US" xlink:label="lab_itub_SecurityDepositsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Security Deposits [Member]</link:label>
    <link:label id="lab_itub_SecurityDepositsMember_documentation_en-US" xlink:label="lab_itub_SecurityDepositsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Security Deposits [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SecurityDepositsMember" xlink:href="itub-20251231.xsd#itub_SecurityDepositsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SecurityDepositsMember" xlink:to="lab_itub_SecurityDepositsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_HedgingInstrumentsAxis_906c305a-3b10-4ef5-a4fc-b209fca9d184_terseLabel_en-US" xlink:label="lab_ifrs-full_HedgingInstrumentsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hedging instruments [axis]</link:label>
    <link:label id="lab_ifrs-full_HedgingInstrumentsAxis_label_en-US" xlink:label="lab_ifrs-full_HedgingInstrumentsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedging instruments [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_HedgingInstrumentsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_HedgingInstrumentsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_HedgingInstrumentsAxis" xlink:to="lab_ifrs-full_HedgingInstrumentsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_Expenses_5231dad1-6d24-4310-b9b1-c28ff8c638f0_terseLabel_en-US" xlink:label="lab_itub_Expenses" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expenses</link:label>
    <link:label id="lab_itub_Expenses_label_en-US" xlink:label="lab_itub_Expenses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expenses</link:label>
    <link:label id="lab_itub_Expenses_documentation_en-US" xlink:label="lab_itub_Expenses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Expenses</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_Expenses" xlink:href="itub-20251231.xsd#itub_Expenses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_Expenses" xlink:to="lab_itub_Expenses" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_VariableFeeApproachVfa_8c028d09-9ca9-434e-8ccc-bff74c6d5e14_terseLabel_en-US" xlink:label="lab_itub_VariableFeeApproachVfa" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable fee approach (VFA)</link:label>
    <link:label id="lab_itub_VariableFeeApproachVfa_label_en-US" xlink:label="lab_itub_VariableFeeApproachVfa" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Fee Approach (VFA)</link:label>
    <link:label id="lab_itub_VariableFeeApproachVfa_documentation_en-US" xlink:label="lab_itub_VariableFeeApproachVfa" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Variable Fee Approach (VFA)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_VariableFeeApproachVfa" xlink:href="itub-20251231.xsd#itub_VariableFeeApproachVfa"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_VariableFeeApproachVfa" xlink:to="lab_itub_VariableFeeApproachVfa" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_HedgeOfSecuritiesAtFairValueThroughOtherComprehensiveIncomeMember_019c8a88-66a3-7991-a682-915cf91499cf_terseLabel_en-US" xlink:label="lab_itub_HedgeOfSecuritiesAtFairValueThroughOtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hedge of securities at fair value through other comprehensive income</link:label>
    <link:label id="lab_itub_HedgeOfSecuritiesAtFairValueThroughOtherComprehensiveIncomeMember_label_en-US" xlink:label="lab_itub_HedgeOfSecuritiesAtFairValueThroughOtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedge Of Securities At Fair Value Through Other Comprehensive Income [Member]</link:label>
    <link:label id="lab_itub_HedgeOfSecuritiesAtFairValueThroughOtherComprehensiveIncomeMember_documentation_en-US" xlink:label="lab_itub_HedgeOfSecuritiesAtFairValueThroughOtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Hedge Of Securities At Fair Value Through Other Comprehensive Income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_HedgeOfSecuritiesAtFairValueThroughOtherComprehensiveIncomeMember" xlink:href="itub-20251231.xsd#itub_HedgeOfSecuritiesAtFairValueThroughOtherComprehensiveIncomeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_HedgeOfSecuritiesAtFairValueThroughOtherComprehensiveIncomeMember" xlink:to="lab_itub_HedgeOfSecuritiesAtFairValueThroughOtherComprehensiveIncomeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory_c2d23de3-a260-428c-886c-da767069c7d3_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">General and administrative expenses</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of general and administrative expense [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory" xlink:to="lab_ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_NonDeliverableForwardContractMember_5cb9635f-ad3a-44a3-852e-549cbcd367f1_terseLabel_en-US" xlink:label="lab_itub_NonDeliverableForwardContractMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Future / NDF</link:label>
    <link:label id="lab_itub_NonDeliverableForwardContractMember_label_en-US" xlink:label="lab_itub_NonDeliverableForwardContractMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non Deliverable Forward Contract [Member]</link:label>
    <link:label id="lab_itub_NonDeliverableForwardContractMember_documentation_en-US" xlink:label="lab_itub_NonDeliverableForwardContractMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Non Deliverable Forward Contract [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_NonDeliverableForwardContractMember" xlink:href="itub-20251231.xsd#itub_NonDeliverableForwardContractMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_NonDeliverableForwardContractMember" xlink:to="lab_itub_NonDeliverableForwardContractMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_IcfrAuditorAttestationFlag_a2044c67-e1f9-45a8-9646-6bd8c176ecaa_terseLabel_en-US" xlink:label="lab_dei_IcfrAuditorAttestationFlag" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">ICFR Auditor Attestation Flag</link:label>
    <link:label id="lab_dei_IcfrAuditorAttestationFlag_label_en-US" xlink:label="lab_dei_IcfrAuditorAttestationFlag" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">ICFR Auditor Attestation Flag</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_IcfrAuditorAttestationFlag" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_IcfrAuditorAttestationFlag"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_IcfrAuditorAttestationFlag" xlink:to="lab_dei_IcfrAuditorAttestationFlag" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DisclosureOfIntangibleAssetAndGoodwillExplanatoryTextBlock_019d2c33-2b3c-7dad-80ab-7da312827c0c_terseLabel_en-US" xlink:label="lab_itub_DisclosureOfIntangibleAssetAndGoodwillExplanatoryTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Goodwill and Intangible assets</link:label>
    <link:label id="lab_itub_DisclosureOfIntangibleAssetAndGoodwillExplanatoryTextBlock_label_en-US" xlink:label="lab_itub_DisclosureOfIntangibleAssetAndGoodwillExplanatoryTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Intangible Asset And Goodwill Explanatory [Text Block]</link:label>
    <link:label id="lab_itub_DisclosureOfIntangibleAssetAndGoodwillExplanatoryTextBlock_documentation_en-US" xlink:label="lab_itub_DisclosureOfIntangibleAssetAndGoodwillExplanatoryTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure Of Intangible Asset And Goodwill Explanatory</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DisclosureOfIntangibleAssetAndGoodwillExplanatoryTextBlock" xlink:href="itub-20251231.xsd#itub_DisclosureOfIntangibleAssetAndGoodwillExplanatoryTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DisclosureOfIntangibleAssetAndGoodwillExplanatoryTextBlock" xlink:to="lab_itub_DisclosureOfIntangibleAssetAndGoodwillExplanatoryTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfOtherProvisionsExplanatory_a31e69bd-e0b2-4334-8c6d-3f485dcc30f5_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherProvisionsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Civil, Labor and Other Risks Provisions</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfOtherProvisionsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherProvisionsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of other provisions [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOtherProvisionsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOtherProvisionsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOtherProvisionsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfOtherProvisionsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InstallationFee_3d5a7ef4-354a-4359-9ec6-dd372ca4c564_negatedLabel_en-US" xlink:label="lab_itub_InstallationFee" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Installations and materials</link:label>
    <link:label id="lab_itub_InstallationFee_label_en-US" xlink:label="lab_itub_InstallationFee" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Installation Fee</link:label>
    <link:label id="lab_itub_InstallationFee_documentation_en-US" xlink:label="lab_itub_InstallationFee" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Installation Fee</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InstallationFee" xlink:href="itub-20251231.xsd#itub_InstallationFee"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InstallationFee" xlink:to="lab_itub_InstallationFee" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInExistingProvisionsOtherProvisions_c82d58da-6d53-44fa-8024-4588e4036cb1_negatedLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInExistingProvisionsOtherProvisions" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Reversal</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInExistingProvisionsOtherProvisions_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInExistingProvisionsOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase in existing provisions, other provisions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseInExistingProvisionsOtherProvisions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseInExistingProvisionsOtherProvisions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseInExistingProvisionsOtherProvisions" xlink:to="lab_ifrs-full_IncreaseDecreaseInExistingProvisionsOtherProvisions" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialBillsMember_aec04ddb-672d-418d-a19c-1be91388910d_terseLabel_en-US" xlink:label="lab_itub_FinancialBillsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial bills</link:label>
    <link:label id="lab_itub_FinancialBillsMember_label_en-US" xlink:label="lab_itub_FinancialBillsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Bills [Member]</link:label>
    <link:label id="lab_itub_FinancialBillsMember_documentation_en-US" xlink:label="lab_itub_FinancialBillsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial bills.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialBillsMember" xlink:href="itub-20251231.xsd#itub_FinancialBillsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialBillsMember" xlink:to="lab_itub_FinancialBillsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RiskAndCapitalManagementAbstract_27d29c44-f3e2-4920-bc6c-3928139081d4_terseLabel_en-US" xlink:label="lab_itub_RiskAndCapitalManagementAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Risk And Capital Management</link:label>
    <link:label id="lab_itub_RiskAndCapitalManagementAbstract_label_en-US" xlink:label="lab_itub_RiskAndCapitalManagementAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Risk And Capital Management [Abstract]</link:label>
    <link:label id="lab_itub_RiskAndCapitalManagementAbstract_documentation_en-US" xlink:label="lab_itub_RiskAndCapitalManagementAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Risk And Capital Management</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RiskAndCapitalManagementAbstract" xlink:href="itub-20251231.xsd#itub_RiskAndCapitalManagementAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RiskAndCapitalManagementAbstract" xlink:to="lab_itub_RiskAndCapitalManagementAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CdiPlusPointZeroTwoPercentageMember_019dbeb6-9389-739e-847b-8770d19c31f9_terseLabel_en-US" xlink:label="lab_itub_CdiPlusPointZeroTwoPercentageMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CDI + 0.2%</link:label>
    <link:label id="lab_itub_CdiPlusPointZeroTwoPercentageMember_label_en-US" xlink:label="lab_itub_CdiPlusPointZeroTwoPercentageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cdi Plus Point Zero Two Percentage [Member]</link:label>
    <link:label id="lab_itub_CdiPlusPointZeroTwoPercentageMember_documentation_en-US" xlink:label="lab_itub_CdiPlusPointZeroTwoPercentageMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cdi Plus Point Zero Two Percentage</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CdiPlusPointZeroTwoPercentageMember" xlink:href="itub-20251231.xsd#itub_CdiPlusPointZeroTwoPercentageMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CdiPlusPointZeroTwoPercentageMember" xlink:to="lab_itub_CdiPlusPointZeroTwoPercentageMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_HedgeOfSecuritiesMember_6ee30ce5-1d37-4f1f-9716-88f2eff00b21_terseLabel_en-US" xlink:label="lab_itub_HedgeOfSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value hedge</link:label>
    <link:label id="lab_itub_HedgeOfSecuritiesMember_label_en-US" xlink:label="lab_itub_HedgeOfSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedge Of Securities [Member]</link:label>
    <link:label id="lab_itub_HedgeOfSecuritiesMember_documentation_en-US" xlink:label="lab_itub_HedgeOfSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Hedge Of Securities [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_HedgeOfSecuritiesMember" xlink:href="itub-20251231.xsd#itub_HedgeOfSecuritiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_HedgeOfSecuritiesMember" xlink:to="lab_itub_HedgeOfSecuritiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_CountryRegion_9843793d-0846-45c9-93e4-b7fd32c3eb9e_terseLabel_en-US" xlink:label="lab_dei_CountryRegion" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Country Region</link:label>
    <link:label id="lab_dei_CountryRegion_label_en-US" xlink:label="lab_dei_CountryRegion" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Country Region</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CountryRegion" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CountryRegion"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CountryRegion" xlink:to="lab_dei_CountryRegion" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsLineItems_f6e755e7-cb9b-496f-98f7-dc97e6084771_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of offsetting of financial assets [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of offsetting of financial assets [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOffsettingOfFinancialAssetsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsLineItems" xlink:to="lab_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashOutflowForLeases_c6e6733c-a969-45db-93d0-fffb0d179ece_terseLabel_en-US" xlink:label="lab_ifrs-full_CashOutflowForLeases" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash outflow for leases</link:label>
    <link:label id="lab_ifrs-full_CashOutflowForLeases_label_en-US" xlink:label="lab_ifrs-full_CashOutflowForLeases" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash outflow for leases</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashOutflowForLeases" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashOutflowForLeases"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashOutflowForLeases" xlink:to="lab_ifrs-full_CashOutflowForLeases" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrencyInWhichInformationIsDisplayedAxis_9b5a105c-c1af-41c0-9dd8-7712cfe78404_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrencyInWhichInformationIsDisplayedAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Currency in which information is displayed [axis]</link:label>
    <link:label id="lab_ifrs-full_CurrencyInWhichInformationIsDisplayedAxis_label_en-US" xlink:label="lab_ifrs-full_CurrencyInWhichInformationIsDisplayedAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Currency in which information is displayed [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrencyInWhichInformationIsDisplayedAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrencyInWhichInformationIsDisplayedAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrencyInWhichInformationIsDisplayedAxis" xlink:to="lab_ifrs-full_CurrencyInWhichInformationIsDisplayedAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CorporateReorgainzationWithOwnerOfEntity_14f93834-de56-4163-8e34-f8d9b2fe2ab9_terseLabel_en-US" xlink:label="lab_itub_CorporateReorgainzationWithOwnerOfEntity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Corporate reorganization</link:label>
    <link:label id="lab_itub_CorporateReorgainzationWithOwnerOfEntity_label_en-US" xlink:label="lab_itub_CorporateReorgainzationWithOwnerOfEntity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Corporate reorganization</link:label>
    <link:label id="lab_itub_CorporateReorgainzationWithOwnerOfEntity_documentation_en-US" xlink:label="lab_itub_CorporateReorgainzationWithOwnerOfEntity" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Corporate reorganization</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CorporateReorgainzationWithOwnerOfEntity" xlink:href="itub-20251231.xsd#itub_CorporateReorgainzationWithOwnerOfEntity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CorporateReorgainzationWithOwnerOfEntity" xlink:to="lab_itub_CorporateReorgainzationWithOwnerOfEntity" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CreditDefaultSwapsMember_ffb74e6d-cbed-4dc9-b8a3-5b4575f044ff_terseLabel_en-US" xlink:label="lab_itub_CreditDefaultSwapsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CDS</link:label>
    <link:label id="lab_itub_CreditDefaultSwapsMember_label_en-US" xlink:label="lab_itub_CreditDefaultSwapsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Default Swaps [Member]</link:label>
    <link:label id="lab_itub_CreditDefaultSwapsMember_documentation_en-US" xlink:label="lab_itub_CreditDefaultSwapsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Credit Default Swaps [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CreditDefaultSwapsMember" xlink:href="itub-20251231.xsd#itub_CreditDefaultSwapsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CreditDefaultSwapsMember" xlink:to="lab_itub_CreditDefaultSwapsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ProfitReserves_b3cc9bad-e389-475d-a426-fbfe0b84bb42_terseLabel_en-US" xlink:label="lab_itub_ProfitReserves" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Profit reserves</link:label>
    <link:label id="lab_itub_ProfitReserves_label_en-US" xlink:label="lab_itub_ProfitReserves" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit reserves</link:label>
    <link:label id="lab_itub_ProfitReserves_documentation_en-US" xlink:label="lab_itub_ProfitReserves" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Profit reserves</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ProfitReserves" xlink:href="itub-20251231.xsd#itub_ProfitReserves"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ProfitReserves" xlink:to="lab_itub_ProfitReserves" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestOnCapitalThreeMember_72ecef7a-ce4c-4eaa-aae7-273ebcc8a62c_terseLabel_en-US" xlink:label="lab_itub_InterestOnCapitalThreeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest On Capital Three</link:label>
    <link:label id="lab_itub_InterestOnCapitalThreeMember_label_en-US" xlink:label="lab_itub_InterestOnCapitalThreeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest On Capital Three [Member]</link:label>
    <link:label id="lab_itub_InterestOnCapitalThreeMember_documentation_en-US" xlink:label="lab_itub_InterestOnCapitalThreeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest On Capital Three [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestOnCapitalThreeMember" xlink:href="itub-20251231.xsd#itub_InterestOnCapitalThreeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestOnCapitalThreeMember" xlink:to="lab_itub_InterestOnCapitalThreeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LaterThanTwoYearsMember_130985b4-446d-4f0c-b132-0cd521a4d5c9_terseLabel_en-US" xlink:label="lab_itub_LaterThanTwoYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Over 720 days</link:label>
    <link:label id="lab_itub_LaterThanTwoYearsMember_label_en-US" xlink:label="lab_itub_LaterThanTwoYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later Than Two Years [Member]</link:label>
    <link:label id="lab_itub_LaterThanTwoYearsMember_documentation_en-US" xlink:label="lab_itub_LaterThanTwoYearsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Later Than Two Years [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LaterThanTwoYearsMember" xlink:href="itub-20251231.xsd#itub_LaterThanTwoYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LaterThanTwoYearsMember" xlink:to="lab_itub_LaterThanTwoYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent_38e0cc41-417a-499b-861d-5575448a1c6d_terseLabel_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Comprehensive income attributable to the owners of the parent company</link:label>
    <link:label id="lab_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent_label_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive income, attributable to owners of parent</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:to="lab_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PercentageOfVaRTotalStockholdersEquity_ea056085-f134-4bd6-bc58-33ce5fab55d4_terseLabel_en-US" xlink:label="lab_itub_PercentageOfVaRTotalStockholdersEquity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of VaR of total stockholders' equity</link:label>
    <link:label id="lab_itub_PercentageOfVaRTotalStockholdersEquity_label_en-US" xlink:label="lab_itub_PercentageOfVaRTotalStockholdersEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of VaR Total Stockholders' Equity</link:label>
    <link:label id="lab_itub_PercentageOfVaRTotalStockholdersEquity_documentation_en-US" xlink:label="lab_itub_PercentageOfVaRTotalStockholdersEquity" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage Of VaR Total Stockholders' Equity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PercentageOfVaRTotalStockholdersEquity" xlink:href="itub-20251231.xsd#itub_PercentageOfVaRTotalStockholdersEquity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PercentageOfVaRTotalStockholdersEquity" xlink:to="lab_itub_PercentageOfVaRTotalStockholdersEquity" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities_f9710681-53f7-45a4-be13-94c0f4301967_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial assets pledged as collateral for liabilities or contingent liabilities</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities_label_en-US" xlink:label="lab_ifrs-full_FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets pledged as collateral for liabilities or contingent liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities" xlink:to="lab_ifrs-full_FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFour_e1bb719c-e9fd-4e10-9f70-6cdb99d08690_terseLabel_en-US" xlink:label="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFour" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2029</link:label>
    <link:label id="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFour_label_en-US" xlink:label="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFour" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan Expected Future Benefit Payment Year Four</link:label>
    <link:label id="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFour_documentation_en-US" xlink:label="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFour" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan Expected Future Benefit Payment Year Four</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFour" xlink:href="itub-20251231.xsd#itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFour"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFour" xlink:to="lab_itub_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFour" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_Claims_f71f4e19-3cae-4367-a84d-4a66652ba642_negatedLabel_en-US" xlink:label="lab_itub_Claims" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Claims losses</link:label>
    <link:label id="lab_itub_Claims_label_en-US" xlink:label="lab_itub_Claims" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Claims [Default Label]</link:label>
    <link:label id="lab_itub_Claims_documentation_en-US" xlink:label="lab_itub_Claims" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Claims [Default Label]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_Claims" xlink:href="itub-20251231.xsd#itub_Claims"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_Claims" xlink:to="lab_itub_Claims" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Liabilities_d5ec8113-bbf4-42f0-802f-e521611fdec4_totalLabel_en-US" xlink:label="lab_ifrs-full_Liabilities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total liabilities</link:label>
    <link:label id="lab_ifrs-full_Liabilities_8f251044-4ebc-4308-87ac-9ada3435cbfd_verboseLabel_en-US" xlink:label="lab_ifrs-full_Liabilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Liabilities</link:label>
    <link:label id="lab_ifrs-full_Liabilities_65cb956d-fa9e-4838-aeae-e4fa7ee67abd_terseLabel_en-US" xlink:label="lab_ifrs-full_Liabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total liabilities</link:label>
    <link:label id="lab_ifrs-full_Liabilities_label_en-US" xlink:label="lab_ifrs-full_Liabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Liabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Liabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Liabilities" xlink:to="lab_ifrs-full_Liabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates_769dfa66-c47b-4cc8-a2bd-78b040462b98_terseLabel_en-US" xlink:label="lab_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Actuarial assumption of medical cost trend rates</link:label>
    <link:label id="lab_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates_label_en-US" xlink:label="lab_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Actuarial assumption of medical cost trend rates</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates" xlink:to="lab_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DerivativesLiabilityTotalGainsOrLossesUnrealized_91c53638-ccc3-4eea-918d-7bbdb218b8f8_terseLabel_en-US" xlink:label="lab_itub_DerivativesLiabilityTotalGainsOrLossesUnrealized" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivatives liability, Total gains or losses (unrealized)</link:label>
    <link:label id="lab_itub_DerivativesLiabilityTotalGainsOrLossesUnrealized_label_en-US" xlink:label="lab_itub_DerivativesLiabilityTotalGainsOrLossesUnrealized" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivatives Liability, Total Gains Or Losses (Unrealized)</link:label>
    <link:label id="lab_itub_DerivativesLiabilityTotalGainsOrLossesUnrealized_documentation_en-US" xlink:label="lab_itub_DerivativesLiabilityTotalGainsOrLossesUnrealized" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Derivatives Liability, Total Gains Or Losses (Unrealized)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DerivativesLiabilityTotalGainsOrLossesUnrealized" xlink:href="itub-20251231.xsd#itub_DerivativesLiabilityTotalGainsOrLossesUnrealized"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DerivativesLiabilityTotalGainsOrLossesUnrealized" xlink:to="lab_itub_DerivativesLiabilityTotalGainsOrLossesUnrealized" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AdjustmentForRevenueFromUpdateChargesOnDepositsInEscrow_cea014bc-c41e-48e8-bf10-e46b78ae63b9_terseLabel_en-US" xlink:label="lab_itub_AdjustmentForRevenueFromUpdateChargesOnDepositsInEscrow" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue from update / charges on deposits in guarantee</link:label>
    <link:label id="lab_itub_AdjustmentForRevenueFromUpdateChargesOnDepositsInEscrow_label_en-US" xlink:label="lab_itub_AdjustmentForRevenueFromUpdateChargesOnDepositsInEscrow" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue from update / charges on deposits in guarantee</link:label>
    <link:label id="lab_itub_AdjustmentForRevenueFromUpdateChargesOnDepositsInEscrow_documentation_en-US" xlink:label="lab_itub_AdjustmentForRevenueFromUpdateChargesOnDepositsInEscrow" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Revenue from update / charges on deposits in guarantee</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AdjustmentForRevenueFromUpdateChargesOnDepositsInEscrow" xlink:href="itub-20251231.xsd#itub_AdjustmentForRevenueFromUpdateChargesOnDepositsInEscrow"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AdjustmentForRevenueFromUpdateChargesOnDepositsInEscrow" xlink:to="lab_itub_AdjustmentForRevenueFromUpdateChargesOnDepositsInEscrow" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialAssetAtAmortizedCosts_f5508582-8591-4d27-9481-22b12e38616c_terseLabel_en-US" xlink:label="lab_itub_FinancialAssetAtAmortizedCosts" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial Assets</link:label>
    <link:label id="lab_itub_FinancialAssetAtAmortizedCosts_label_en-US" xlink:label="lab_itub_FinancialAssetAtAmortizedCosts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Asset At Amortized Costs</link:label>
    <link:label id="lab_itub_FinancialAssetAtAmortizedCosts_documentation_en-US" xlink:label="lab_itub_FinancialAssetAtAmortizedCosts" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial Asset At Amortized Costs</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialAssetAtAmortizedCosts" xlink:href="itub-20251231.xsd#itub_FinancialAssetAtAmortizedCosts"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialAssetAtAmortizedCosts" xlink:to="lab_itub_FinancialAssetAtAmortizedCosts" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LiabilitiesForOfficialAgreementsAndRenderingOfPaymentServicesMember_92bc8334-e60f-4e47-9d60-2d8ac20bae8d_terseLabel_en-US" xlink:label="lab_itub_LiabilitiesForOfficialAgreementsAndRenderingOfPaymentServicesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Obligations on official agreements and rendering of payment services</link:label>
    <link:label id="lab_itub_LiabilitiesForOfficialAgreementsAndRenderingOfPaymentServicesMember_label_en-US" xlink:label="lab_itub_LiabilitiesForOfficialAgreementsAndRenderingOfPaymentServicesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities For Official Agreements And Rendering Of Payment Services [Member]</link:label>
    <link:label id="lab_itub_LiabilitiesForOfficialAgreementsAndRenderingOfPaymentServicesMember_documentation_en-US" xlink:label="lab_itub_LiabilitiesForOfficialAgreementsAndRenderingOfPaymentServicesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Liabilities For Official Agreements And Rendering Of Payment Services [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LiabilitiesForOfficialAgreementsAndRenderingOfPaymentServicesMember" xlink:href="itub-20251231.xsd#itub_LiabilitiesForOfficialAgreementsAndRenderingOfPaymentServicesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LiabilitiesForOfficialAgreementsAndRenderingOfPaymentServicesMember" xlink:to="lab_itub_LiabilitiesForOfficialAgreementsAndRenderingOfPaymentServicesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PisAndCofinsMember_dcb3803b-a441-4f4a-8505-5668341d5ad9_terseLabel_en-US" xlink:label="lab_itub_PisAndCofinsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">PIS and COFINS</link:label>
    <link:label id="lab_itub_PisAndCofinsMember_label_en-US" xlink:label="lab_itub_PisAndCofinsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Pis And Cofins [Member]</link:label>
    <link:label id="lab_itub_PisAndCofinsMember_documentation_en-US" xlink:label="lab_itub_PisAndCofinsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Pis And Cofins [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PisAndCofinsMember" xlink:href="itub-20251231.xsd#itub_PisAndCofinsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PisAndCofinsMember" xlink:to="lab_itub_PisAndCofinsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TaxesAbstract_1097a1be-09a4-4de7-87ff-a2b74ef8b2b0_terseLabel_en-US" xlink:label="lab_itub_TaxesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Taxes</link:label>
    <link:label id="lab_itub_TaxesAbstract_label_en-US" xlink:label="lab_itub_TaxesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Taxes [Abstract]</link:label>
    <link:label id="lab_itub_TaxesAbstract_documentation_en-US" xlink:label="lab_itub_TaxesAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Taxes</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TaxesAbstract" xlink:href="itub-20251231.xsd#itub_TaxesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TaxesAbstract" xlink:to="lab_itub_TaxesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfInternalRatingTableTextBlock_0104d2af-a0ba-4306-b750-031ca3132ba2_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfInternalRatingTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Internal Rating</link:label>
    <link:label id="lab_itub_ScheduleOfInternalRatingTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfInternalRatingTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Internal Rating [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfInternalRatingTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfInternalRatingTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Internal Rating</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfInternalRatingTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfInternalRatingTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfInternalRatingTableTextBlock" xlink:to="lab_itub_ScheduleOfInternalRatingTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TaxationOfResultsAbroadCapitalGainsMember_4100bfe9-6597-447c-9dbc-c33946114afb_terseLabel_en-US" xlink:label="lab_itub_TaxationOfResultsAbroadCapitalGainsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Taxation of results abroad &#8211; capital gains</link:label>
    <link:label id="lab_itub_TaxationOfResultsAbroadCapitalGainsMember_label_en-US" xlink:label="lab_itub_TaxationOfResultsAbroadCapitalGainsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Taxation Of Results Abroad Capital Gains [Member]</link:label>
    <link:label id="lab_itub_TaxationOfResultsAbroadCapitalGainsMember_documentation_en-US" xlink:label="lab_itub_TaxationOfResultsAbroadCapitalGainsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Taxation Of Results Abroad Capital Gains [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TaxationOfResultsAbroadCapitalGainsMember" xlink:href="itub-20251231.xsd#itub_TaxationOfResultsAbroadCapitalGainsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TaxationOfResultsAbroadCapitalGainsMember" xlink:to="lab_itub_TaxationOfResultsAbroadCapitalGainsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationTable_c569d147-af01-44ff-8cb9-476693184b4a_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of contingent liabilities in business combination [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of contingent liabilities in business combination [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationTable" xlink:to="lab_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationTable" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResell_019cb3a1-cf5f-7fde-8b4d-d7d68319f2d1_totalLabel_en-US" xlink:label="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResell" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResell_label_en-US" xlink:label="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResell" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interbank Deposits And Securities Purchased Under Agreements To Resell</link:label>
    <link:label id="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResell_documentation_en-US" xlink:label="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResell" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interbank Deposits And Securities Purchased Under Agreements To Resell</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResell" xlink:href="itub-20251231.xsd#itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResell"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResell" xlink:to="lab_itub_InterbankDepositsAndSecuritiesPurchasedUnderAgreementsToResell" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IncreaseDecreaseThroughTransferToLegalReserveEquity_081925df-155d-429f-b467-4bdf50e4eccf_terseLabel_en-US" xlink:label="lab_itub_IncreaseDecreaseThroughTransferToLegalReserveEquity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Legal reserve</link:label>
    <link:label id="lab_itub_IncreaseDecreaseThroughTransferToLegalReserveEquity_label_en-US" xlink:label="lab_itub_IncreaseDecreaseThroughTransferToLegalReserveEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Legal reserve</link:label>
    <link:label id="lab_itub_IncreaseDecreaseThroughTransferToLegalReserveEquity_documentation_en-US" xlink:label="lab_itub_IncreaseDecreaseThroughTransferToLegalReserveEquity" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Legal reserve</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IncreaseDecreaseThroughTransferToLegalReserveEquity" xlink:href="itub-20251231.xsd#itub_IncreaseDecreaseThroughTransferToLegalReserveEquity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IncreaseDecreaseThroughTransferToLegalReserveEquity" xlink:to="lab_itub_IncreaseDecreaseThroughTransferToLegalReserveEquity" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentTaxLiabilitiesCurrent_22312943-9f31-468b-82d9-72ca20cc3f5c_verboseLabel_en-US" xlink:label="lab_ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Non-current</link:label>
    <link:label id="lab_ifrs-full_CurrentTaxLiabilitiesCurrent_label_en-US" xlink:label="lab_ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current tax liabilities, current</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentTaxLiabilitiesCurrent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:to="lab_ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AssetManagementFeesConsortiaIncome_2aac393e-dd1e-4215-a860-c42ceaf698dc_negatedLabel_en-US" xlink:label="lab_itub_AssetManagementFeesConsortiaIncome" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Consortia</link:label>
    <link:label id="lab_itub_AssetManagementFeesConsortiaIncome_label_en-US" xlink:label="lab_itub_AssetManagementFeesConsortiaIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Asset Management Fees Consortia Income</link:label>
    <link:label id="lab_itub_AssetManagementFeesConsortiaIncome_documentation_en-US" xlink:label="lab_itub_AssetManagementFeesConsortiaIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Asset Management Fees Consortia Income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AssetManagementFeesConsortiaIncome" xlink:href="itub-20251231.xsd#itub_AssetManagementFeesConsortiaIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AssetManagementFeesConsortiaIncome" xlink:to="lab_itub_AssetManagementFeesConsortiaIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfHedgeAccountingTable_d3b0bd83-57dc-4dd0-82a4-c7eefbfef897_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfHedgeAccountingTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about hedges [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfHedgeAccountingTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfHedgeAccountingTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about hedges [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfHedgeAccountingTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfHedgeAccountingTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfHedgeAccountingTable" xlink:to="lab_ifrs-full_DisclosureOfHedgeAccountingTable" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DisclosureOfInsuranceContractsAndPrivatePensionExplanatoryTextBlock_a22337cb-59f7-4455-aa91-1c5f15673eda_verboseLabel_en-US" xlink:label="lab_itub_DisclosureOfInsuranceContractsAndPrivatePensionExplanatoryTextBlock" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Insurance contracts and private pension</link:label>
    <link:label id="lab_itub_DisclosureOfInsuranceContractsAndPrivatePensionExplanatoryTextBlock_label_en-US" xlink:label="lab_itub_DisclosureOfInsuranceContractsAndPrivatePensionExplanatoryTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Insurance Contracts And Private Pension Explanatory [Text Block]</link:label>
    <link:label id="lab_itub_DisclosureOfInsuranceContractsAndPrivatePensionExplanatoryTextBlock_documentation_en-US" xlink:label="lab_itub_DisclosureOfInsuranceContractsAndPrivatePensionExplanatoryTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure Of Insurance Contracts And Private Pension Explanatory</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DisclosureOfInsuranceContractsAndPrivatePensionExplanatoryTextBlock" xlink:href="itub-20251231.xsd#itub_DisclosureOfInsuranceContractsAndPrivatePensionExplanatoryTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DisclosureOfInsuranceContractsAndPrivatePensionExplanatoryTextBlock" xlink:to="lab_itub_DisclosureOfInsuranceContractsAndPrivatePensionExplanatoryTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SavingDepositsMember_40c73541-fd3b-437b-b431-e69a22054936_terseLabel_en-US" xlink:label="lab_itub_SavingDepositsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Savings</link:label>
    <link:label id="lab_itub_SavingDepositsMember_label_en-US" xlink:label="lab_itub_SavingDepositsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Saving Deposits [Member]</link:label>
    <link:label id="lab_itub_SavingDepositsMember_documentation_en-US" xlink:label="lab_itub_SavingDepositsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Saving Deposits [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SavingDepositsMember" xlink:href="itub-20251231.xsd#itub_SavingDepositsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SavingDepositsMember" xlink:to="lab_itub_SavingDepositsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RevenueReserves_6e44ad1f-f132-4600-b29d-7c2e9575f235_terseLabel_en-US" xlink:label="lab_itub_RevenueReserves" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Profit reserves</link:label>
    <link:label id="lab_itub_RevenueReserves_label_en-US" xlink:label="lab_itub_RevenueReserves" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue Reserves</link:label>
    <link:label id="lab_itub_RevenueReserves_documentation_en-US" xlink:label="lab_itub_RevenueReserves" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Revenue Reserves</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RevenueReserves" xlink:href="itub-20251231.xsd#itub_RevenueReserves"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RevenueReserves" xlink:to="lab_itub_RevenueReserves" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SharesOfCapitalStockSharesCancellationOfShares_019d793d-1bab-71d9-a635-d9180935d733_negatedTerseLabel_en-US" xlink:label="lab_itub_SharesOfCapitalStockSharesCancellationOfShares" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">(-) Cancellation of Shares - Meeting of the Board of Directors at 11/27/2025 (in shares)</link:label>
    <link:label id="lab_itub_SharesOfCapitalStockSharesCancellationOfShares_label_en-US" xlink:label="lab_itub_SharesOfCapitalStockSharesCancellationOfShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Shares Of Capital Stock, Shares, Cancellation Of Shares</link:label>
    <link:label id="lab_itub_SharesOfCapitalStockSharesCancellationOfShares_documentation_en-US" xlink:label="lab_itub_SharesOfCapitalStockSharesCancellationOfShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Shares Of Capital Stock, Shares, Cancellation Of Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SharesOfCapitalStockSharesCancellationOfShares" xlink:href="itub-20251231.xsd#itub_SharesOfCapitalStockSharesCancellationOfShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SharesOfCapitalStockSharesCancellationOfShares" xlink:to="lab_itub_SharesOfCapitalStockSharesCancellationOfShares" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementExplanatory_0fd61355-40dc-4745-8acf-7c58e8de4488_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of fair value measurement [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFairValueMeasurementExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFairValueMeasurementExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFairValueMeasurementExplanatory" xlink:to="lab_ifrs-full_DisclosureOfFairValueMeasurementExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestOnCapitalToBePaidInFuturePaidPerShare_20170411-adb0-40d3-a35e-0aa2c3ba0f78_verboseLabel_en-US" xlink:label="lab_itub_InterestOnCapitalToBePaidInFuturePaidPerShare" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Interest on capital, gross value per share (in brl per share)</link:label>
    <link:label id="lab_itub_InterestOnCapitalToBePaidInFuturePaidPerShare_label_en-US" xlink:label="lab_itub_InterestOnCapitalToBePaidInFuturePaidPerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest On Capital To Be Paid In Future Paid Per Share</link:label>
    <link:label id="lab_itub_InterestOnCapitalToBePaidInFuturePaidPerShare_documentation_en-US" xlink:label="lab_itub_InterestOnCapitalToBePaidInFuturePaidPerShare" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest On Capital To Be Paid In Future Paid Per Share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestOnCapitalToBePaidInFuturePaidPerShare" xlink:href="itub-20251231.xsd#itub_InterestOnCapitalToBePaidInFuturePaidPerShare"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestOnCapitalToBePaidInFuturePaidPerShare" xlink:to="lab_itub_InterestOnCapitalToBePaidInFuturePaidPerShare" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForInsuranceContracts_4377cd13-bf46-49e2-b109-43960fac7478_verboseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForInsuranceContracts" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Insurance contracts and private pension</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForInsuranceContracts_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForInsuranceContracts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for insurance contracts and related assets, liabilities, income and expense [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForInsuranceContracts" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForInsuranceContracts"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForInsuranceContracts" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForInsuranceContracts" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OperatingMargin_d07ccde8-207e-48b1-bd57-c98ab98d477e_terseLabel_en-US" xlink:label="lab_itub_OperatingMargin" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating margin</link:label>
    <link:label id="lab_itub_OperatingMargin_label_en-US" xlink:label="lab_itub_OperatingMargin" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Margin</link:label>
    <link:label id="lab_itub_OperatingMargin_documentation_en-US" xlink:label="lab_itub_OperatingMargin" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Operating Margin</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OperatingMargin" xlink:href="itub-20251231.xsd#itub_OperatingMargin"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OperatingMargin" xlink:to="lab_itub_OperatingMargin" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DividendsPaidAndPrepaid_a9a5c8da-a754-47a2-82b1-3ae392eac0af_terseLabel_en-US" xlink:label="lab_itub_DividendsPaidAndPrepaid" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Paid / prepaid, Net</link:label>
    <link:label id="lab_itub_DividendsPaidAndPrepaid_label_en-US" xlink:label="lab_itub_DividendsPaidAndPrepaid" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Paid / prepaid, Net</link:label>
    <link:label id="lab_itub_DividendsPaidAndPrepaid_documentation_en-US" xlink:label="lab_itub_DividendsPaidAndPrepaid" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Paid / prepaid, Net</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DividendsPaidAndPrepaid" xlink:href="itub-20251231.xsd#itub_DividendsPaidAndPrepaid"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DividendsPaidAndPrepaid" xlink:to="lab_itub_DividendsPaidAndPrepaid" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialGuaranteeContractsMember_4ab70d16-5fdd-414c-a714-c5662eb191c8_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialGuaranteeContractsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial guarantees</link:label>
    <link:label id="lab_ifrs-full_FinancialGuaranteeContractsMember_label_en-US" xlink:label="lab_ifrs-full_FinancialGuaranteeContractsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial guarantee contracts [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialGuaranteeContractsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialGuaranteeContractsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialGuaranteeContractsMember" xlink:to="lab_ifrs-full_FinancialGuaranteeContractsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LegalReserve_4b815ba8-3106-40e1-ba74-7cfe2cc617ff_verboseLabel_en-US" xlink:label="lab_itub_LegalReserve" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Legal reserve</link:label>
    <link:label id="lab_itub_LegalReserve_label_en-US" xlink:label="lab_itub_LegalReserve" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Legal Reserve</link:label>
    <link:label id="lab_itub_LegalReserve_documentation_en-US" xlink:label="lab_itub_LegalReserve" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Legal Reserve</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LegalReserve" xlink:href="itub-20251231.xsd#itub_LegalReserve"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LegalReserve" xlink:to="lab_itub_LegalReserve" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LnterbankInvestments_0e5e3449-868d-466d-a69b-8ab8f1a34b73_terseLabel_en-US" xlink:label="lab_itub_LnterbankInvestments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">lnterbank investments</link:label>
    <link:label id="lab_itub_LnterbankInvestments_label_en-US" xlink:label="lab_itub_LnterbankInvestments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">lnterbank Investments</link:label>
    <link:label id="lab_itub_LnterbankInvestments_documentation_en-US" xlink:label="lab_itub_LnterbankInvestments" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">lnterbank Investments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LnterbankInvestments" xlink:href="itub-20251231.xsd#itub_LnterbankInvestments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LnterbankInvestments" xlink:to="lab_itub_LnterbankInvestments" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_HedgingInstrumentsDomain_2c005d89-91f9-4667-8b8a-a22741d6da85_terseLabel_en-US" xlink:label="lab_ifrs-full_HedgingInstrumentsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hedging instruments [domain]</link:label>
    <link:label id="lab_ifrs-full_HedgingInstrumentsDomain_label_en-US" xlink:label="lab_ifrs-full_HedgingInstrumentsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedging instruments [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_HedgingInstrumentsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_HedgingInstrumentsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_HedgingInstrumentsDomain" xlink:to="lab_ifrs-full_HedgingInstrumentsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis_5a63e1ee-007f-45d8-8aea-e0a0635b0c08_terseLabel_en-US" xlink:label="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-adjusting events after reporting period [axis]</link:label>
    <link:label id="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis_label_en-US" xlink:label="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-adjusting events after reporting period [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NonadjustingEventsAfterReportingPeriodAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:to="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterbankMember_731870c8-92fb-4408-b2c2-f9da8f1be236_terseLabel_en-US" xlink:label="lab_itub_InterbankMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interbank</link:label>
    <link:label id="lab_itub_InterbankMember_label_en-US" xlink:label="lab_itub_InterbankMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interbank [Member]</link:label>
    <link:label id="lab_itub_InterbankMember_documentation_en-US" xlink:label="lab_itub_InterbankMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interbank [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterbankMember" xlink:href="itub-20251231.xsd#itub_InterbankMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterbankMember" xlink:to="lab_itub_InterbankMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestRateFuturesMember_0bda1d4c-e0a3-4721-a6d9-eeaa94524b22_terseLabel_en-US" xlink:label="lab_itub_InterestRateFuturesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Futures</link:label>
    <link:label id="lab_itub_InterestRateFuturesMember_label_en-US" xlink:label="lab_itub_InterestRateFuturesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Rate Futures [Member]</link:label>
    <link:label id="lab_itub_InterestRateFuturesMember_documentation_en-US" xlink:label="lab_itub_InterestRateFuturesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest Rate Futures [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestRateFuturesMember" xlink:href="itub-20251231.xsd#itub_InterestRateFuturesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestRateFuturesMember" xlink:to="lab_itub_InterestRateFuturesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InitiallyAppliedIFRSsDomain_da1b4fe2-2bae-4ced-9822-c3478870ff03_terseLabel_en-US" xlink:label="lab_ifrs-full_InitiallyAppliedIFRSsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Initially applied IFRSs [domain]</link:label>
    <link:label id="lab_ifrs-full_InitiallyAppliedIFRSsDomain_label_en-US" xlink:label="lab_ifrs-full_InitiallyAppliedIFRSsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Initially applied IFRSs [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InitiallyAppliedIFRSsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InitiallyAppliedIFRSsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InitiallyAppliedIFRSsDomain" xlink:to="lab_ifrs-full_InitiallyAppliedIFRSsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CdiPlusTwoPercentageMember_3e4ea9c5-70c3-4a7d-821e-32d2a50e63b3_terseLabel_en-US" xlink:label="lab_itub_CdiPlusTwoPercentageMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CDI + 2%</link:label>
    <link:label id="lab_itub_CdiPlusTwoPercentageMember_label_en-US" xlink:label="lab_itub_CdiPlusTwoPercentageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cdi Plus Two Percentage [Member]</link:label>
    <link:label id="lab_itub_CdiPlusTwoPercentageMember_documentation_en-US" xlink:label="lab_itub_CdiPlusTwoPercentageMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cdi Plus Two Percentage [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CdiPlusTwoPercentageMember" xlink:href="itub-20251231.xsd#itub_CdiPlusTwoPercentageMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CdiPlusTwoPercentageMember" xlink:to="lab_itub_CdiPlusTwoPercentageMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CapitalConservationBufferRequirement_69698988-bbed-4b12-a0af-5741304f49f7_terseLabel_en-US" xlink:label="lab_itub_CapitalConservationBufferRequirement" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital conservation buffer requirement (%)</link:label>
    <link:label id="lab_itub_CapitalConservationBufferRequirement_label_en-US" xlink:label="lab_itub_CapitalConservationBufferRequirement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Conservation Buffer Requirement (%)</link:label>
    <link:label id="lab_itub_CapitalConservationBufferRequirement_documentation_en-US" xlink:label="lab_itub_CapitalConservationBufferRequirement" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Capital Conservation Buffer Requirement (%)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CapitalConservationBufferRequirement" xlink:href="itub-20251231.xsd#itub_CapitalConservationBufferRequirement"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CapitalConservationBufferRequirement" xlink:to="lab_itub_CapitalConservationBufferRequirement" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ShareOfProfitOrLossOfAssociatesAndJointVentures_e92502ad-6898-445a-81e5-0c60ff48eaa1_terseLabel_en-US" xlink:label="lab_itub_ShareOfProfitOrLossOfAssociatesAndJointVentures" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share of profit or (loss) of associates and joint ventures</link:label>
    <link:label id="lab_itub_ShareOfProfitOrLossOfAssociatesAndJointVentures_label_en-US" xlink:label="lab_itub_ShareOfProfitOrLossOfAssociatesAndJointVentures" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share Of Profit Or (Loss) Of Associates And Joint Ventures</link:label>
    <link:label id="lab_itub_ShareOfProfitOrLossOfAssociatesAndJointVentures_documentation_en-US" xlink:label="lab_itub_ShareOfProfitOrLossOfAssociatesAndJointVentures" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share Of Profit Or (Loss) Of Associates And Joint Ventures</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ShareOfProfitOrLossOfAssociatesAndJointVentures" xlink:href="itub-20251231.xsd#itub_ShareOfProfitOrLossOfAssociatesAndJointVentures"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ShareOfProfitOrLossOfAssociatesAndJointVentures" xlink:to="lab_itub_ShareOfProfitOrLossOfAssociatesAndJointVentures" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TwoThousandAndThirtyFiveMember_481cec40-d097-427a-9c34-ea6cbcc9f13e_terseLabel_en-US" xlink:label="lab_itub_TwoThousandAndThirtyFiveMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2035</link:label>
    <link:label id="lab_itub_TwoThousandAndThirtyFiveMember_label_en-US" xlink:label="lab_itub_TwoThousandAndThirtyFiveMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Two Thousand And Thirty Five [Member]</link:label>
    <link:label id="lab_itub_TwoThousandAndThirtyFiveMember_documentation_en-US" xlink:label="lab_itub_TwoThousandAndThirtyFiveMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Two Thousand And Thirty Five [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TwoThousandAndThirtyFiveMember" xlink:href="itub-20251231.xsd#itub_TwoThousandAndThirtyFiveMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TwoThousandAndThirtyFiveMember" xlink:to="lab_itub_TwoThousandAndThirtyFiveMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SettlementsFairValueMeasurementAssets_019d6a58-029d-7e8b-ac52-5d2e3c50fa4c_negatedTotalLabel_en-US" xlink:label="lab_ifrs-full_SettlementsFairValueMeasurementAssets" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US">Settlements</link:label>
    <link:label id="lab_ifrs-full_SettlementsFairValueMeasurementAssets_label_en-US" xlink:label="lab_ifrs-full_SettlementsFairValueMeasurementAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Settlements, fair value measurement, assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SettlementsFairValueMeasurementAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SettlementsFairValueMeasurementAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SettlementsFairValueMeasurementAssets" xlink:to="lab_ifrs-full_SettlementsFairValueMeasurementAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ShareBasedPlanMember_6aca0b51-30c8-48d8-a751-0d7d628804d0_terseLabel_en-US" xlink:label="lab_itub_ShareBasedPlanMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based plan</link:label>
    <link:label id="lab_itub_ShareBasedPlanMember_label_en-US" xlink:label="lab_itub_ShareBasedPlanMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share Based Plan [Member]</link:label>
    <link:label id="lab_itub_ShareBasedPlanMember_documentation_en-US" xlink:label="lab_itub_ShareBasedPlanMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share Based Plan [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ShareBasedPlanMember" xlink:href="itub-20251231.xsd#itub_ShareBasedPlanMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ShareBasedPlanMember" xlink:to="lab_itub_ShareBasedPlanMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RestrictedInvestmentTypeDomain_019d6685-c928-7007-b29f-4f5cdd84597c_terseLabel_en-US" xlink:label="lab_itub_RestrictedInvestmentTypeDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted Investment Type [Domain]</link:label>
    <link:label id="lab_itub_RestrictedInvestmentTypeDomain_label_en-US" xlink:label="lab_itub_RestrictedInvestmentTypeDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restricted Investment Type [Domain]</link:label>
    <link:label id="lab_itub_RestrictedInvestmentTypeDomain_documentation_en-US" xlink:label="lab_itub_RestrictedInvestmentTypeDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Restricted Investment Type [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RestrictedInvestmentTypeDomain" xlink:href="itub-20251231.xsd#itub_RestrictedInvestmentTypeDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RestrictedInvestmentTypeDomain" xlink:to="lab_itub_RestrictedInvestmentTypeDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialAssetAtFairValueNetAmortizedCost_019dac19-970d-742c-a664-7430e71536ca_totalLabel_en-US" xlink:label="lab_itub_FinancialAssetAtFairValueNetAmortizedCost" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Amortized cost</link:label>
    <link:label id="lab_itub_FinancialAssetAtFairValueNetAmortizedCost_7aa17748-461e-4718-a13e-f8e94f16e036_terseLabel_en-US" xlink:label="lab_itub_FinancialAssetAtFairValueNetAmortizedCost" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amortized cost</link:label>
    <link:label id="lab_itub_FinancialAssetAtFairValueNetAmortizedCost_label_en-US" xlink:label="lab_itub_FinancialAssetAtFairValueNetAmortizedCost" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net amortized cost</link:label>
    <link:label id="lab_itub_FinancialAssetAtFairValueNetAmortizedCost_documentation_en-US" xlink:label="lab_itub_FinancialAssetAtFairValueNetAmortizedCost" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net amortized cost</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialAssetAtFairValueNetAmortizedCost" xlink:href="itub-20251231.xsd#itub_FinancialAssetAtFairValueNetAmortizedCost"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialAssetAtFairValueNetAmortizedCost" xlink:to="lab_itub_FinancialAssetAtFairValueNetAmortizedCost" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_MaterialAccountingPoliciesAbstract_e2b8d8c6-0a67-4b4a-bb71-49af9baf8d65_terseLabel_en-US" xlink:label="lab_itub_MaterialAccountingPoliciesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Material Accounting Policies</link:label>
    <link:label id="lab_itub_MaterialAccountingPoliciesAbstract_label_en-US" xlink:label="lab_itub_MaterialAccountingPoliciesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Material Accounting Policies [Abstract]</link:label>
    <link:label id="lab_itub_MaterialAccountingPoliciesAbstract_documentation_en-US" xlink:label="lab_itub_MaterialAccountingPoliciesAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Material Accounting Policies</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_MaterialAccountingPoliciesAbstract" xlink:href="itub-20251231.xsd#itub_MaterialAccountingPoliciesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_MaterialAccountingPoliciesAbstract" xlink:to="lab_itub_MaterialAccountingPoliciesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LegalProceedingsProvisionMember_d179fc66-0417-433b-af40-eac1d958bea9_terseLabel_en-US" xlink:label="lab_ifrs-full_LegalProceedingsProvisionMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Civil</link:label>
    <link:label id="lab_ifrs-full_LegalProceedingsProvisionMember_label_en-US" xlink:label="lab_ifrs-full_LegalProceedingsProvisionMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Legal proceedings provision [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LegalProceedingsProvisionMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LegalProceedingsProvisionMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LegalProceedingsProvisionMember" xlink:to="lab_ifrs-full_LegalProceedingsProvisionMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember_067731e1-2485-4885-ae93-f4a4ad28f0c6_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">From 3 to 4 years</link:label>
    <link:label id="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember_d8901819-82a3-4b3f-9449-3b459255441f_verboseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">2029</link:label>
    <link:label id="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than three years and not later than four years [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:to="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LiabilityRemainingCoverageMember_0ad83e6b-c561-4b2d-8487-268670dc2fe7_terseLabel_en-US" xlink:label="lab_itub_LiabilityRemainingCoverageMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liability for remaining coverage</link:label>
    <link:label id="lab_itub_LiabilityRemainingCoverageMember_label_en-US" xlink:label="lab_itub_LiabilityRemainingCoverageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liability Remaining Coverage [Member]</link:label>
    <link:label id="lab_itub_LiabilityRemainingCoverageMember_documentation_en-US" xlink:label="lab_itub_LiabilityRemainingCoverageMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Liability Remaining Coverage [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LiabilityRemainingCoverageMember" xlink:href="itub-20251231.xsd#itub_LiabilityRemainingCoverageMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LiabilityRemainingCoverageMember" xlink:to="lab_itub_LiabilityRemainingCoverageMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_Tier1Ratio_718e3ba5-539c-4ef3-81fd-082019c4357e_terseLabel_en-US" xlink:label="lab_itub_Tier1Ratio" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Tier 1 ratio (%)</link:label>
    <link:label id="lab_itub_Tier1Ratio_label_en-US" xlink:label="lab_itub_Tier1Ratio" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tier 1 Ratio (%)</link:label>
    <link:label id="lab_itub_Tier1Ratio_documentation_en-US" xlink:label="lab_itub_Tier1Ratio" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tier 1 Ratio (%)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_Tier1Ratio" xlink:href="itub-20251231.xsd#itub_Tier1Ratio"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_Tier1Ratio" xlink:to="lab_itub_Tier1Ratio" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SharePurchaseAgreementTerm_019dd2b8-76fe-7565-adb7-ad8bbad06206_terseLabel_en-US" xlink:label="lab_itub_SharePurchaseAgreementTerm" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share purchase agreement term</link:label>
    <link:label id="lab_itub_SharePurchaseAgreementTerm_label_en-US" xlink:label="lab_itub_SharePurchaseAgreementTerm" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share Purchase Agreement Term</link:label>
    <link:label id="lab_itub_SharePurchaseAgreementTerm_documentation_en-US" xlink:label="lab_itub_SharePurchaseAgreementTerm" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share Purchase Agreement Term</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SharePurchaseAgreementTerm" xlink:href="itub-20251231.xsd#itub_SharePurchaseAgreementTerm"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SharePurchaseAgreementTerm" xlink:to="lab_itub_SharePurchaseAgreementTerm" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_MiscellaneousOtherOperatingExpense_e63bb0b0-4239-45c6-8fd6-84660d9b92fb_negatedLabel_en-US" xlink:label="lab_ifrs-full_MiscellaneousOtherOperatingExpense" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_ifrs-full_MiscellaneousOtherOperatingExpense_label_en-US" xlink:label="lab_ifrs-full_MiscellaneousOtherOperatingExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Miscellaneous other operating expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MiscellaneousOtherOperatingExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MiscellaneousOtherOperatingExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MiscellaneousOtherOperatingExpense" xlink:to="lab_ifrs-full_MiscellaneousOtherOperatingExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_BelowInvestmentGradeMember_46597d13-fee2-4058-bb1a-748059590664_terseLabel_en-US" xlink:label="lab_itub_BelowInvestmentGradeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Below investment grade</link:label>
    <link:label id="lab_itub_BelowInvestmentGradeMember_label_en-US" xlink:label="lab_itub_BelowInvestmentGradeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Below Investment Grade [Member]</link:label>
    <link:label id="lab_itub_BelowInvestmentGradeMember_documentation_en-US" xlink:label="lab_itub_BelowInvestmentGradeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Below Investment Grade [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_BelowInvestmentGradeMember" xlink:href="itub-20251231.xsd#itub_BelowInvestmentGradeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_BelowInvestmentGradeMember" xlink:to="lab_itub_BelowInvestmentGradeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IncreaseDecreaseInAssetsAbstract_67fd63a5-16fd-4687-9431-52afa9cf618b_terseLabel_en-US" xlink:label="lab_itub_IncreaseDecreaseInAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">(Increase) / decrease in assets</link:label>
    <link:label id="lab_itub_IncreaseDecreaseInAssetsAbstract_label_en-US" xlink:label="lab_itub_IncreaseDecreaseInAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">(Increase) / decrease in assets</link:label>
    <link:label id="lab_itub_IncreaseDecreaseInAssetsAbstract_documentation_en-US" xlink:label="lab_itub_IncreaseDecreaseInAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">(Increase) / decrease in assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IncreaseDecreaseInAssetsAbstract" xlink:href="itub-20251231.xsd#itub_IncreaseDecreaseInAssetsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IncreaseDecreaseInAssetsAbstract" xlink:to="lab_itub_IncreaseDecreaseInAssetsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ForeignCountriesMember_d6a5f987-eb96-4e40-8439-e96ec5cae1ab_netLabel_en-US" xlink:label="lab_ifrs-full_ForeignCountriesMember" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Foreign</link:label>
    <link:label id="lab_ifrs-full_ForeignCountriesMember_c9ca3935-01cf-4538-b786-0e8bbf9a8ba5_terseLabel_en-US" xlink:label="lab_ifrs-full_ForeignCountriesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Residents abroad</link:label>
    <link:label id="lab_ifrs-full_ForeignCountriesMember_ea463357-d14e-430d-8e74-a4cd1a7145ae_verboseLabel_en-US" xlink:label="lab_ifrs-full_ForeignCountriesMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Abroad</link:label>
    <link:label id="lab_ifrs-full_ForeignCountriesMember_label_en-US" xlink:label="lab_ifrs-full_ForeignCountriesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Foreign countries [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ForeignCountriesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ForeignCountriesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ForeignCountriesMember" xlink:to="lab_ifrs-full_ForeignCountriesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialAssetsSecuritiesMember_5f4a8607-eb99-470e-b404-a8d92f33d01e_terseLabel_en-US" xlink:label="lab_itub_FinancialAssetsSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial Assets Securities</link:label>
    <link:label id="lab_itub_FinancialAssetsSecuritiesMember_label_en-US" xlink:label="lab_itub_FinancialAssetsSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Assets Securities [Member]</link:label>
    <link:label id="lab_itub_FinancialAssetsSecuritiesMember_documentation_en-US" xlink:label="lab_itub_FinancialAssetsSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial Assets Securities [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialAssetsSecuritiesMember" xlink:href="itub-20251231.xsd#itub_FinancialAssetsSecuritiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialAssetsSecuritiesMember" xlink:to="lab_itub_FinancialAssetsSecuritiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialCreditBillsMember_019d4454-7547-72fd-91c8-dfdb45352284_verboseLabel_en-US" xlink:label="lab_itub_FinancialCreditBillsMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Financial bills</link:label>
    <link:label id="lab_itub_FinancialCreditBillsMember_6ee95a9e-d720-4fb3-94b9-89e1d147fbc4_terseLabel_en-US" xlink:label="lab_itub_FinancialCreditBillsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial credit bills</link:label>
    <link:label id="lab_itub_FinancialCreditBillsMember_label_en-US" xlink:label="lab_itub_FinancialCreditBillsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Credit Bills [Member]</link:label>
    <link:label id="lab_itub_FinancialCreditBillsMember_documentation_en-US" xlink:label="lab_itub_FinancialCreditBillsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial Credit Bills [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialCreditBillsMember" xlink:href="itub-20251231.xsd#itub_FinancialCreditBillsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialCreditBillsMember" xlink:to="lab_itub_FinancialCreditBillsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IdentifiedInRevenuesReservesInStockholdersEquityValue_9fb9b195-b8a8-4f28-b16e-02d095facbb2_terseLabel_en-US" xlink:label="lab_itub_IdentifiedInRevenuesReservesInStockholdersEquityValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Identified in revenue reserves in stockholders equity, value</link:label>
    <link:label id="lab_itub_IdentifiedInRevenuesReservesInStockholdersEquityValue_label_en-US" xlink:label="lab_itub_IdentifiedInRevenuesReservesInStockholdersEquityValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Identified In Revenues Reserves In Stockholders Equity, Value</link:label>
    <link:label id="lab_itub_IdentifiedInRevenuesReservesInStockholdersEquityValue_documentation_en-US" xlink:label="lab_itub_IdentifiedInRevenuesReservesInStockholdersEquityValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Identified In Revenues Reserves In Stockholders Equity, Value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IdentifiedInRevenuesReservesInStockholdersEquityValue" xlink:href="itub-20251231.xsd#itub_IdentifiedInRevenuesReservesInStockholdersEquityValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IdentifiedInRevenuesReservesInStockholdersEquityValue" xlink:to="lab_itub_IdentifiedInRevenuesReservesInStockholdersEquityValue" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_JointVenturesAxis_955d7b69-3d0f-4116-b116-c2a907791111_terseLabel_en-US" xlink:label="lab_ifrs-full_JointVenturesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Joint ventures [axis]</link:label>
    <link:label id="lab_ifrs-full_JointVenturesAxis_label_en-US" xlink:label="lab_ifrs-full_JointVenturesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Joint ventures [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_JointVenturesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_JointVenturesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_JointVenturesAxis" xlink:to="lab_ifrs-full_JointVenturesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FallingDueUpToThreeMonthsMember_21ea86b9-81da-4c02-be08-85e8e5523f97_terseLabel_en-US" xlink:label="lab_itub_FallingDueUpToThreeMonthsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Falling due up to 3 months</link:label>
    <link:label id="lab_itub_FallingDueUpToThreeMonthsMember_label_en-US" xlink:label="lab_itub_FallingDueUpToThreeMonthsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Falling Due Up To Three Months [Member]</link:label>
    <link:label id="lab_itub_FallingDueUpToThreeMonthsMember_documentation_en-US" xlink:label="lab_itub_FallingDueUpToThreeMonthsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Falling Due Up To Three Months [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FallingDueUpToThreeMonthsMember" xlink:href="itub-20251231.xsd#itub_FallingDueUpToThreeMonthsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FallingDueUpToThreeMonthsMember" xlink:to="lab_itub_FallingDueUpToThreeMonthsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BorrowingsByNameDomain_50ee6f7e-7e97-4109-bef0-4a67d2561534_terseLabel_en-US" xlink:label="lab_ifrs-full_BorrowingsByNameDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Borrowings by name [domain]</link:label>
    <link:label id="lab_ifrs-full_BorrowingsByNameDomain_label_en-US" xlink:label="lab_ifrs-full_BorrowingsByNameDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings by name [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BorrowingsByNameDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BorrowingsByNameDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BorrowingsByNameDomain" xlink:to="lab_ifrs-full_BorrowingsByNameDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialAssetAtFairValueThroughProfitOrLossDesignatedAsUponInitialRecognition_a9f6e5ec-279a-43f0-adcf-83a1ce10a914_terseLabel_en-US" xlink:label="lab_itub_FinancialAssetAtFairValueThroughProfitOrLossDesignatedAsUponInitialRecognition" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">At Fair value through profit or loss</link:label>
    <link:label id="lab_itub_FinancialAssetAtFairValueThroughProfitOrLossDesignatedAsUponInitialRecognition_label_en-US" xlink:label="lab_itub_FinancialAssetAtFairValueThroughProfitOrLossDesignatedAsUponInitialRecognition" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">At Fair Value Through Profit or Loss</link:label>
    <link:label id="lab_itub_FinancialAssetAtFairValueThroughProfitOrLossDesignatedAsUponInitialRecognition_documentation_en-US" xlink:label="lab_itub_FinancialAssetAtFairValueThroughProfitOrLossDesignatedAsUponInitialRecognition" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">At Fair Value Through Profit or Loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialAssetAtFairValueThroughProfitOrLossDesignatedAsUponInitialRecognition" xlink:href="itub-20251231.xsd#itub_FinancialAssetAtFairValueThroughProfitOrLossDesignatedAsUponInitialRecognition"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialAssetAtFairValueThroughProfitOrLossDesignatedAsUponInitialRecognition" xlink:to="lab_itub_FinancialAssetAtFairValueThroughProfitOrLossDesignatedAsUponInitialRecognition" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_LoanOperations_cc93f98b-a2e5-4613-8fb0-60468156d507_verboseLabel_en-US" xlink:label="lab_itub_LoanOperations" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Loan operations</link:label>
    <link:label id="lab_itub_LoanOperations_label_en-US" xlink:label="lab_itub_LoanOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loan Operations</link:label>
    <link:label id="lab_itub_LoanOperations_documentation_en-US" xlink:label="lab_itub_LoanOperations" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loan Operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_LoanOperations" xlink:href="itub-20251231.xsd#itub_LoanOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_LoanOperations" xlink:to="lab_itub_LoanOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SurplusCapitalInRelationToTheMinimumReferentialEquityRequired_d07b573d-4399-4814-9d57-2b9e7ae130c0_terseLabel_en-US" xlink:label="lab_itub_SurplusCapitalInRelationToTheMinimumReferentialEquityRequired" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Surplus capital in relation to the minimum referential equity required</link:label>
    <link:label id="lab_itub_SurplusCapitalInRelationToTheMinimumReferentialEquityRequired_label_en-US" xlink:label="lab_itub_SurplusCapitalInRelationToTheMinimumReferentialEquityRequired" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Surplus Capital In Relation To The Minimum Referential Equity Required</link:label>
    <link:label id="lab_itub_SurplusCapitalInRelationToTheMinimumReferentialEquityRequired_documentation_en-US" xlink:label="lab_itub_SurplusCapitalInRelationToTheMinimumReferentialEquityRequired" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Surplus Capital In Relation To The Minimum Referential Equity Required</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SurplusCapitalInRelationToTheMinimumReferentialEquityRequired" xlink:href="itub-20251231.xsd#itub_SurplusCapitalInRelationToTheMinimumReferentialEquityRequired"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SurplusCapitalInRelationToTheMinimumReferentialEquityRequired" xlink:to="lab_itub_SurplusCapitalInRelationToTheMinimumReferentialEquityRequired" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FallingDueAfterOneYearMember_c0f631e8-8595-43ea-ba2f-a0512abd70bd_terseLabel_en-US" xlink:label="lab_itub_FallingDueAfterOneYearMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Falling due after 1 year</link:label>
    <link:label id="lab_itub_FallingDueAfterOneYearMember_label_en-US" xlink:label="lab_itub_FallingDueAfterOneYearMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Falling Due After One Year [Member]</link:label>
    <link:label id="lab_itub_FallingDueAfterOneYearMember_documentation_en-US" xlink:label="lab_itub_FallingDueAfterOneYearMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Falling Due After One Year [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FallingDueAfterOneYearMember" xlink:href="itub-20251231.xsd#itub_FallingDueAfterOneYearMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FallingDueAfterOneYearMember" xlink:to="lab_itub_FallingDueAfterOneYearMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RiblinorSAMember_22d330fd-6c7d-41bf-87fa-da104255cc75_terseLabel_en-US" xlink:label="lab_itub_RiblinorSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Riblinor S.A.</link:label>
    <link:label id="lab_itub_RiblinorSAMember_label_en-US" xlink:label="lab_itub_RiblinorSAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Riblinor S A [Member]</link:label>
    <link:label id="lab_itub_RiblinorSAMember_documentation_en-US" xlink:label="lab_itub_RiblinorSAMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Riblinor S A [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RiblinorSAMember" xlink:href="itub-20251231.xsd#itub_RiblinorSAMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RiblinorSAMember" xlink:to="lab_itub_RiblinorSAMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_NonCurrentMember_9e717f2d-292b-4b94-993b-6af020f43711_terseLabel_en-US" xlink:label="lab_itub_NonCurrentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-current</link:label>
    <link:label id="lab_itub_NonCurrentMember_label_en-US" xlink:label="lab_itub_NonCurrentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non Current [Member]</link:label>
    <link:label id="lab_itub_NonCurrentMember_documentation_en-US" xlink:label="lab_itub_NonCurrentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Non Current [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_NonCurrentMember" xlink:href="itub-20251231.xsd#itub_NonCurrentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_NonCurrentMember" xlink:to="lab_itub_NonCurrentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems_18b6d94b-5163-4ace-a1c3-3b3045176810_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of risk management strategy related to hedge accounting [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of risk management strategy related to hedge accounting [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems" xlink:to="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory_589311b5-aec4-4169-91f9-47126b693cb9_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Functional and presentation currency</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for functional currency [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InsuranceContractsAndPrivatePensionAbstract_9b20eb44-3c7e-405d-ac3f-7352f9f8ac9f_terseLabel_en-US" xlink:label="lab_itub_InsuranceContractsAndPrivatePensionAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Insurance Contracts And Private Pension</link:label>
    <link:label id="lab_itub_InsuranceContractsAndPrivatePensionAbstract_label_en-US" xlink:label="lab_itub_InsuranceContractsAndPrivatePensionAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Insurance Contracts And Private Pension [Abstract]</link:label>
    <link:label id="lab_itub_InsuranceContractsAndPrivatePensionAbstract_documentation_en-US" xlink:label="lab_itub_InsuranceContractsAndPrivatePensionAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Insurance Contracts And Private Pension</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InsuranceContractsAndPrivatePensionAbstract" xlink:href="itub-20251231.xsd#itub_InsuranceContractsAndPrivatePensionAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InsuranceContractsAndPrivatePensionAbstract" xlink:to="lab_itub_InsuranceContractsAndPrivatePensionAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestRateSwap2Member_e7c786df-b1e4-4c3a-8128-b18be1dbdf18_terseLabel_en-US" xlink:label="lab_itub_InterestRateSwap2Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Swaps</link:label>
    <link:label id="lab_itub_InterestRateSwap2Member_label_en-US" xlink:label="lab_itub_InterestRateSwap2Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Rate Swap 2 [Member]</link:label>
    <link:label id="lab_itub_InterestRateSwap2Member_documentation_en-US" xlink:label="lab_itub_InterestRateSwap2Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest Rate Swap 2 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestRateSwap2Member" xlink:href="itub-20251231.xsd#itub_InterestRateSwap2Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestRateSwap2Member" xlink:to="lab_itub_InterestRateSwap2Member" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FourPointOneFivePercentageToFourPointTwoNinePercentageMember_f660e466-7cb7-4266-a2ce-448e42ec5615_terseLabel_en-US" xlink:label="lab_itub_FourPointOneFivePercentageToFourPointTwoNinePercentageMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">4.15% to 4.29%</link:label>
    <link:label id="lab_itub_FourPointOneFivePercentageToFourPointTwoNinePercentageMember_label_en-US" xlink:label="lab_itub_FourPointOneFivePercentageToFourPointTwoNinePercentageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Four Point One Five Percentage To Four Point Two Nine Percentage [Member]</link:label>
    <link:label id="lab_itub_FourPointOneFivePercentageToFourPointTwoNinePercentageMember_documentation_en-US" xlink:label="lab_itub_FourPointOneFivePercentageToFourPointTwoNinePercentageMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Four Point One Five Percentage To Four Point Two Nine Percentage [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FourPointOneFivePercentageToFourPointTwoNinePercentageMember" xlink:href="itub-20251231.xsd#itub_FourPointOneFivePercentageToFourPointTwoNinePercentageMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FourPointOneFivePercentageToFourPointTwoNinePercentageMember" xlink:to="lab_itub_FourPointOneFivePercentageToFourPointTwoNinePercentageMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DeferredTaxLiabilities_71656167-0f59-4cef-8aa6-21249dc6f141_terseLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax liabilities</link:label>
    <link:label id="lab_ifrs-full_DeferredTaxLiabilities_f6c8d9f9-6f93-4f74-903f-da76eddc868d_negatedLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Deferred tax liabilities</link:label>
    <link:label id="lab_ifrs-full_DeferredTaxLiabilities_label_en-US" xlink:label="lab_ifrs-full_DeferredTaxLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred tax liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DeferredTaxLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DeferredTaxLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DeferredTaxLiabilities" xlink:to="lab_ifrs-full_DeferredTaxLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FutureFinancialIncome_019dc072-8456-7287-82bf-1fcc23ea0773_verboseLabel_en-US" xlink:label="lab_itub_FutureFinancialIncome" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Future financial income</link:label>
    <link:label id="lab_itub_FutureFinancialIncome_label_en-US" xlink:label="lab_itub_FutureFinancialIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Future Financial Income</link:label>
    <link:label id="lab_itub_FutureFinancialIncome_documentation_en-US" xlink:label="lab_itub_FutureFinancialIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Future Financial Income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FutureFinancialIncome" xlink:href="itub-20251231.xsd#itub_FutureFinancialIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FutureFinancialIncome" xlink:to="lab_itub_FutureFinancialIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SubordinatedsDebtMember_025cb807-400e-4eea-99b2-573992ad42db_terseLabel_en-US" xlink:label="lab_itub_SubordinatedsDebtMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Institutional market funds</link:label>
    <link:label id="lab_itub_SubordinatedsDebtMember_label_en-US" xlink:label="lab_itub_SubordinatedsDebtMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subordinateds Debt [Member]</link:label>
    <link:label id="lab_itub_SubordinatedsDebtMember_documentation_en-US" xlink:label="lab_itub_SubordinatedsDebtMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Subordinateds Debt [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SubordinatedsDebtMember" xlink:href="itub-20251231.xsd#itub_SubordinatedsDebtMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SubordinatedsDebtMember" xlink:to="lab_itub_SubordinatedsDebtMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TemporaryDifferences_0110ec22-2b43-42e6-87ef-3b72693bc0b7_terseLabel_en-US" xlink:label="lab_itub_TemporaryDifferences" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Temporary differences</link:label>
    <link:label id="lab_itub_TemporaryDifferences_label_en-US" xlink:label="lab_itub_TemporaryDifferences" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Temporary Differences</link:label>
    <link:label id="lab_itub_TemporaryDifferences_documentation_en-US" xlink:label="lab_itub_TemporaryDifferences" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Temporary Differences</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TemporaryDifferences" xlink:href="itub-20251231.xsd#itub_TemporaryDifferences"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TemporaryDifferences" xlink:to="lab_itub_TemporaryDifferences" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_StagesTwoMember_d1b86c83-6582-4763-a41c-d4ff3e516c64_terseLabel_en-US" xlink:label="lab_itub_StagesTwoMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stage 2</link:label>
    <link:label id="lab_itub_StagesTwoMember_label_en-US" xlink:label="lab_itub_StagesTwoMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stages Two [Member]</link:label>
    <link:label id="lab_itub_StagesTwoMember_documentation_en-US" xlink:label="lab_itub_StagesTwoMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Stages Two [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_StagesTwoMember" xlink:href="itub-20251231.xsd#itub_StagesTwoMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_StagesTwoMember" xlink:to="lab_itub_StagesTwoMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfHedgeAccountingLineItems_b2fd8597-94f4-4953-ad4b-8a247909f5ae_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfHedgeAccountingLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about hedges [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfHedgeAccountingLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfHedgeAccountingLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about hedges [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfHedgeAccountingLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfHedgeAccountingLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfHedgeAccountingLineItems" xlink:to="lab_ifrs-full_DisclosureOfHedgeAccountingLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TreasurySharesMember_91eeaef8-39b2-47c3-9678-27b3db5c614f_terseLabel_en-US" xlink:label="lab_ifrs-full_TreasurySharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Treasury shares</link:label>
    <link:label id="lab_ifrs-full_TreasurySharesMember_label_en-US" xlink:label="lab_ifrs-full_TreasurySharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Treasury shares [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TreasurySharesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TreasurySharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TreasurySharesMember" xlink:to="lab_ifrs-full_TreasurySharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ReceivablesFromCreditCardIssuersMember_09d5bb30-1897-47e2-922d-f0153e352f1e_terseLabel_en-US" xlink:label="lab_itub_ReceivablesFromCreditCardIssuersMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Receivables from credit card issuers</link:label>
    <link:label id="lab_itub_ReceivablesFromCreditCardIssuersMember_label_en-US" xlink:label="lab_itub_ReceivablesFromCreditCardIssuersMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Receivables From Credit Card Issuers [Member]</link:label>
    <link:label id="lab_itub_ReceivablesFromCreditCardIssuersMember_documentation_en-US" xlink:label="lab_itub_ReceivablesFromCreditCardIssuersMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Receivables From Credit Card Issuers [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ReceivablesFromCreditCardIssuersMember" xlink:href="itub-20251231.xsd#itub_ReceivablesFromCreditCardIssuersMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ReceivablesFromCreditCardIssuersMember" xlink:to="lab_itub_ReceivablesFromCreditCardIssuersMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_00658046-2ad2-4508-a496-a21be206bdae_totalLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net increase / (decrease) in cash and cash equivalents</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) in cash and cash equivalents before effect of exchange rate changes</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:to="lab_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems_4e122afd-4524-4c87-994a-df4c692237b5_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of subsidiaries [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of subsidiaries [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems" xlink:to="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AtCostMember_dbb7b491-54f7-4586-8abc-ecfafd76a1c2_terseLabel_en-US" xlink:label="lab_ifrs-full_AtCostMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cost</link:label>
    <link:label id="lab_ifrs-full_AtCostMember_label_en-US" xlink:label="lab_ifrs-full_AtCostMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">At cost [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AtCostMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AtCostMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AtCostMember" xlink:to="lab_ifrs-full_AtCostMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OwnIssueMember_ed2c7938-42d1-4476-80b5-48b72ae6ee03_terseLabel_en-US" xlink:label="lab_itub_OwnIssueMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Own issue</link:label>
    <link:label id="lab_itub_OwnIssueMember_ae74064a-2456-467c-9a06-24c0604cdf39_verboseLabel_en-US" xlink:label="lab_itub_OwnIssueMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Funds from own issue</link:label>
    <link:label id="lab_itub_OwnIssueMember_label_en-US" xlink:label="lab_itub_OwnIssueMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Own Issue [Member]</link:label>
    <link:label id="lab_itub_OwnIssueMember_documentation_en-US" xlink:label="lab_itub_OwnIssueMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Own Issue [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OwnIssueMember" xlink:href="itub-20251231.xsd#itub_OwnIssueMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OwnIssueMember" xlink:to="lab_itub_OwnIssueMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AssetsAndLiabilitiesAxis_5fae1f89-6d5a-45d1-acbb-a4e04bed328f_terseLabel_en-US" xlink:label="lab_ifrs-full_AssetsAndLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets and liabilities [axis]</link:label>
    <link:label id="lab_ifrs-full_AssetsAndLiabilitiesAxis_label_en-US" xlink:label="lab_ifrs-full_AssetsAndLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets and liabilities [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AssetsAndLiabilitiesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AssetsAndLiabilitiesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AssetsAndLiabilitiesAxis" xlink:to="lab_ifrs-full_AssetsAndLiabilitiesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_MarketValueMinimum_de5d14a4-85b3-4afa-bb97-561fa6a4fb09_terseLabel_en-US" xlink:label="lab_itub_MarketValueMinimum" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Minimum (in brl per share)</link:label>
    <link:label id="lab_itub_MarketValueMinimum_label_en-US" xlink:label="lab_itub_MarketValueMinimum" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Market Value Minimum</link:label>
    <link:label id="lab_itub_MarketValueMinimum_documentation_en-US" xlink:label="lab_itub_MarketValueMinimum" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Market Value Minimum</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_MarketValueMinimum" xlink:href="itub-20251231.xsd#itub_MarketValueMinimum"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_MarketValueMinimum" xlink:to="lab_itub_MarketValueMinimum" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FixedIncomeSecurities1Member_52883475-5beb-49ab-a7cb-8ea036199c03_terseLabel_en-US" xlink:label="lab_itub_FixedIncomeSecurities1Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fixed income securities</link:label>
    <link:label id="lab_itub_FixedIncomeSecurities1Member_label_en-US" xlink:label="lab_itub_FixedIncomeSecurities1Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fixed Income Securities 1 [Member]</link:label>
    <link:label id="lab_itub_FixedIncomeSecurities1Member_documentation_en-US" xlink:label="lab_itub_FixedIncomeSecurities1Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fixed Income Securities 1 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FixedIncomeSecurities1Member" xlink:href="itub-20251231.xsd#itub_FixedIncomeSecurities1Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FixedIncomeSecurities1Member" xlink:to="lab_itub_FixedIncomeSecurities1Member" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ExperienceOfThePlan_c6c1076c-872c-4dfa-9878-68ea9aff0ab0_terseLabel_en-US" xlink:label="lab_itub_ExperienceOfThePlan" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Experience of the plan</link:label>
    <link:label id="lab_itub_ExperienceOfThePlan_label_en-US" xlink:label="lab_itub_ExperienceOfThePlan" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Experience Of The Plan</link:label>
    <link:label id="lab_itub_ExperienceOfThePlan_documentation_en-US" xlink:label="lab_itub_ExperienceOfThePlan" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Experience Of The Plan</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ExperienceOfThePlan" xlink:href="itub-20251231.xsd#itub_ExperienceOfThePlan"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ExperienceOfThePlan" xlink:to="lab_itub_ExperienceOfThePlan" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TotalFinancialLiabilities_019d9894-5ddb-75a7-a537-54e239b72fa4_totalLabel_en-US" xlink:label="lab_itub_TotalFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total financial liabilities</link:label>
    <link:label id="lab_itub_TotalFinancialLiabilities_label_en-US" xlink:label="lab_itub_TotalFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Financial Liabilities</link:label>
    <link:label id="lab_itub_TotalFinancialLiabilities_documentation_en-US" xlink:label="lab_itub_TotalFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total Financial Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TotalFinancialLiabilities" xlink:href="itub-20251231.xsd#itub_TotalFinancialLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TotalFinancialLiabilities" xlink:to="lab_itub_TotalFinancialLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RatioOfCumulativeDifferenceToTotalInterestBearingAssets_35ca8c3a-de30-42fe-a846-5f9c1dcb0cc9_terseLabel_en-US" xlink:label="lab_itub_RatioOfCumulativeDifferenceToTotalInterestBearingAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ratio of cumulative difference to total interest-bearing assets</link:label>
    <link:label id="lab_itub_RatioOfCumulativeDifferenceToTotalInterestBearingAssets_label_en-US" xlink:label="lab_itub_RatioOfCumulativeDifferenceToTotalInterestBearingAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ratio Of Cumulative Difference To Total Interest-Bearing Assets</link:label>
    <link:label id="lab_itub_RatioOfCumulativeDifferenceToTotalInterestBearingAssets_documentation_en-US" xlink:label="lab_itub_RatioOfCumulativeDifferenceToTotalInterestBearingAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Ratio Of Cumulative Difference To Total Interest-Bearing Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RatioOfCumulativeDifferenceToTotalInterestBearingAssets" xlink:href="itub-20251231.xsd#itub_RatioOfCumulativeDifferenceToTotalInterestBearingAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RatioOfCumulativeDifferenceToTotalInterestBearingAssets" xlink:to="lab_itub_RatioOfCumulativeDifferenceToTotalInterestBearingAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IPCAPlusFivePointFourEightPercentageMember_31df10a5-650f-499e-8209-8b727b822236_terseLabel_en-US" xlink:label="lab_itub_IPCAPlusFivePointFourEightPercentageMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">IPCA + 5.48%</link:label>
    <link:label id="lab_itub_IPCAPlusFivePointFourEightPercentageMember_label_en-US" xlink:label="lab_itub_IPCAPlusFivePointFourEightPercentageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">I P C A Plus Five Point Four Eight Percentage [Member]</link:label>
    <link:label id="lab_itub_IPCAPlusFivePointFourEightPercentageMember_documentation_en-US" xlink:label="lab_itub_IPCAPlusFivePointFourEightPercentageMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">I P C A Plus Five Point Four Eight Percentage [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IPCAPlusFivePointFourEightPercentageMember" xlink:href="itub-20251231.xsd#itub_IPCAPlusFivePointFourEightPercentageMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IPCAPlusFivePointFourEightPercentageMember" xlink:to="lab_itub_IPCAPlusFivePointFourEightPercentageMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdditionalInformationAboutSharebasedPaymentArrangements_40065a3b-7140-4272-9842-bb0ffad17189_terseLabel_en-US" xlink:label="lab_ifrs-full_AdditionalInformationAboutSharebasedPaymentArrangements" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Expenses on Share-Based Payment Plans</link:label>
    <link:label id="lab_ifrs-full_AdditionalInformationAboutSharebasedPaymentArrangements_label_en-US" xlink:label="lab_ifrs-full_AdditionalInformationAboutSharebasedPaymentArrangements" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additional information about share-based payment arrangements [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdditionalInformationAboutSharebasedPaymentArrangements" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdditionalInformationAboutSharebasedPaymentArrangements"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdditionalInformationAboutSharebasedPaymentArrangements" xlink:to="lab_ifrs-full_AdditionalInformationAboutSharebasedPaymentArrangements" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AttributionOfExpensesByNatureToTheirFunctionDomain_21a17602-4b8d-4a95-b365-729d67ece7e9_terseLabel_en-US" xlink:label="lab_ifrs-full_AttributionOfExpensesByNatureToTheirFunctionDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Attribution of expenses by nature to their function [domain]</link:label>
    <link:label id="lab_ifrs-full_AttributionOfExpensesByNatureToTheirFunctionDomain_label_en-US" xlink:label="lab_ifrs-full_AttributionOfExpensesByNatureToTheirFunctionDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Attribution of expenses by nature to their function [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AttributionOfExpensesByNatureToTheirFunctionDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AttributionOfExpensesByNatureToTheirFunctionDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AttributionOfExpensesByNatureToTheirFunctionDomain" xlink:to="lab_ifrs-full_AttributionOfExpensesByNatureToTheirFunctionDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForTreasurySharesExplanatory_1051a5c2-6e0c-42a9-91ca-3f05d18b6df2_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForTreasurySharesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Treasury shares</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForTreasurySharesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForTreasurySharesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for treasury shares [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForTreasurySharesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForTreasurySharesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForTreasurySharesExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForTreasurySharesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestAndSimilarIncomeAndExpenses_674ebd4a-2eff-4f6f-8716-0511a4bcdd56_terseLabel_en-US" xlink:label="lab_itub_InterestAndSimilarIncomeAndExpenses" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest and similar income and expenses</link:label>
    <link:label id="lab_itub_InterestAndSimilarIncomeAndExpenses_label_en-US" xlink:label="lab_itub_InterestAndSimilarIncomeAndExpenses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest And Similar Income And Expenses</link:label>
    <link:label id="lab_itub_InterestAndSimilarIncomeAndExpenses_documentation_en-US" xlink:label="lab_itub_InterestAndSimilarIncomeAndExpenses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest And Similar Income And Expenses</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestAndSimilarIncomeAndExpenses" xlink:href="itub-20251231.xsd#itub_InterestAndSimilarIncomeAndExpenses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestAndSimilarIncomeAndExpenses" xlink:to="lab_itub_InterestAndSimilarIncomeAndExpenses" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherFinancialLiabilitiesAtFairValueThroughProfitOrLoss_1571f5ac-9d75-4a33-b358-e207c4667299_terseLabel_en-US" xlink:label="lab_itub_OtherFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other financial liabilities</link:label>
    <link:label id="lab_itub_OtherFinancialLiabilitiesAtFairValueThroughProfitOrLoss_942e1ded-7f7e-4c8b-8868-3689359fe903_verboseLabel_en-US" xlink:label="lab_itub_OtherFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other financial liabilities at fair value through profit or loss, Total</link:label>
    <link:label id="lab_itub_OtherFinancialLiabilitiesAtFairValueThroughProfitOrLoss_label_en-US" xlink:label="lab_itub_OtherFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Financial Liabilities At Fair Value Through Profit Or Loss</link:label>
    <link:label id="lab_itub_OtherFinancialLiabilitiesAtFairValueThroughProfitOrLoss_documentation_en-US" xlink:label="lab_itub_OtherFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Financial Liabilities At Fair Value Through Profit Or Loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:href="itub-20251231.xsd#itub_OtherFinancialLiabilitiesAtFairValueThroughProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:to="lab_itub_OtherFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RightToSellOrRepledgeCollateralMember_afb67d20-26f1-44f0-a60a-e4f01946d9e1_terseLabel_en-US" xlink:label="lab_itub_RightToSellOrRepledgeCollateralMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Right to sell or repledge the collateral</link:label>
    <link:label id="lab_itub_RightToSellOrRepledgeCollateralMember_label_en-US" xlink:label="lab_itub_RightToSellOrRepledgeCollateralMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Right To Sell Or Repledge Collateral [Member]</link:label>
    <link:label id="lab_itub_RightToSellOrRepledgeCollateralMember_documentation_en-US" xlink:label="lab_itub_RightToSellOrRepledgeCollateralMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Right To Sell Or Repledge Collateral [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RightToSellOrRepledgeCollateralMember" xlink:href="itub-20251231.xsd#itub_RightToSellOrRepledgeCollateralMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RightToSellOrRepledgeCollateralMember" xlink:to="lab_itub_RightToSellOrRepledgeCollateralMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_MiscellaneousOtherProvisionsMember_b08fe97e-757c-4c64-aeae-2c3be06c1791_terseLabel_en-US" xlink:label="lab_ifrs-full_MiscellaneousOtherProvisionsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Risks</link:label>
    <link:label id="lab_ifrs-full_MiscellaneousOtherProvisionsMember_label_en-US" xlink:label="lab_ifrs-full_MiscellaneousOtherProvisionsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Miscellaneous other provisions [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MiscellaneousOtherProvisionsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MiscellaneousOtherProvisionsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MiscellaneousOtherProvisionsMember" xlink:to="lab_ifrs-full_MiscellaneousOtherProvisionsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_MovementOfExpectedCreditLossesAxis_019d55bb-b383-73b1-b13b-71fca35be2c2_terseLabel_en-US" xlink:label="lab_itub_MovementOfExpectedCreditLossesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Movement Of Expected Credit Losses [Axis]</link:label>
    <link:label id="lab_itub_MovementOfExpectedCreditLossesAxis_label_en-US" xlink:label="lab_itub_MovementOfExpectedCreditLossesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Movement Of Expected Credit Losses [Axis]</link:label>
    <link:label id="lab_itub_MovementOfExpectedCreditLossesAxis_documentation_en-US" xlink:label="lab_itub_MovementOfExpectedCreditLossesAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Movement Of Expected Credit Losses</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_MovementOfExpectedCreditLossesAxis" xlink:href="itub-20251231.xsd#itub_MovementOfExpectedCreditLossesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_MovementOfExpectedCreditLossesAxis" xlink:to="lab_itub_MovementOfExpectedCreditLossesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory_cbf71d9e-1165-4a48-94ed-fc30b8b1d51f_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Change in Shares of Paid-in Capital in the Beginning and End of the Period</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of classes of share capital [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory" xlink:to="lab_ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OwnershipInterestAcquiringPeriod_019d6d9f-bd0f-7760-9530-b2c0dc4f02b4_terseLabel_en-US" xlink:label="lab_itub_OwnershipInterestAcquiringPeriod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ownership interest acquiring period</link:label>
    <link:label id="lab_itub_OwnershipInterestAcquiringPeriod_label_en-US" xlink:label="lab_itub_OwnershipInterestAcquiringPeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ownership Interest Acquiring Period</link:label>
    <link:label id="lab_itub_OwnershipInterestAcquiringPeriod_documentation_en-US" xlink:label="lab_itub_OwnershipInterestAcquiringPeriod" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Ownership Interest Acquiring Period</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OwnershipInterestAcquiringPeriod" xlink:href="itub-20251231.xsd#itub_OwnershipInterestAcquiringPeriod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OwnershipInterestAcquiringPeriod" xlink:to="lab_itub_OwnershipInterestAcquiringPeriod" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AccumulatedImpairmentMember_c5580ecd-6c38-4b4a-b6bd-9c3dbf564c03_terseLabel_en-US" xlink:label="lab_ifrs-full_AccumulatedImpairmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Impairment</link:label>
    <link:label id="lab_ifrs-full_AccumulatedImpairmentMember_label_en-US" xlink:label="lab_ifrs-full_AccumulatedImpairmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated impairment [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AccumulatedImpairmentMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AccumulatedImpairmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AccumulatedImpairmentMember" xlink:to="lab_ifrs-full_AccumulatedImpairmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SellingOfNonFinancialProducts_019d988d-fcc3-7bbe-b2d1-e321e8ef78d8_negatedTerseLabel_en-US" xlink:label="lab_itub_SellingOfNonFinancialProducts" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Selling of non-financial products</link:label>
    <link:label id="lab_itub_SellingOfNonFinancialProducts_label_en-US" xlink:label="lab_itub_SellingOfNonFinancialProducts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Selling Of Non-Financial Products</link:label>
    <link:label id="lab_itub_SellingOfNonFinancialProducts_documentation_en-US" xlink:label="lab_itub_SellingOfNonFinancialProducts" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Selling Of Non-Financial Products</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SellingOfNonFinancialProducts" xlink:href="itub-20251231.xsd#itub_SellingOfNonFinancialProducts"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SellingOfNonFinancialProducts" xlink:to="lab_itub_SellingOfNonFinancialProducts" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfReservesAndOtherEquityInterestExplanatory_bf441734-69fc-40af-8a71-1fa08677d557_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfReservesAndOtherEquityInterestExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Capital Reserves and Revenue Reserves</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfReservesAndOtherEquityInterestExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfReservesAndOtherEquityInterestExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of reserves within equity [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfReservesAndOtherEquityInterestExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfReservesAndOtherEquityInterestExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfReservesAndOtherEquityInterestExplanatory" xlink:to="lab_ifrs-full_DisclosureOfReservesAndOtherEquityInterestExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory_67804192-38fb-440a-9363-de7c7552a7d8_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Fixed Assets</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfInterbankDepositsAndSecuritiesTableTextBlock_4c68a50f-9ae8-4dae-8da7-3c23be7161ae_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfInterbankDepositsAndSecuritiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Interbank Deposits and Securities</link:label>
    <link:label id="lab_itub_ScheduleOfInterbankDepositsAndSecuritiesTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfInterbankDepositsAndSecuritiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of interbank deposits and securities [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfInterbankDepositsAndSecuritiesTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfInterbankDepositsAndSecuritiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of interbank deposits and securities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfInterbankDepositsAndSecuritiesTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfInterbankDepositsAndSecuritiesTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfInterbankDepositsAndSecuritiesTableTextBlock" xlink:to="lab_itub_ScheduleOfInterbankDepositsAndSecuritiesTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TransfersIntoOrOutOfLevel3OfFairValueHierarchyAssetsThroughOtherComprehensiveIncome_7ef59f55-b113-44bb-a56b-5cd1b2bbf1c0_verboseLabel_en-US" xlink:label="lab_itub_TransfersIntoOrOutOfLevel3OfFairValueHierarchyAssetsThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Transfers in the hierarchy</link:label>
    <link:label id="lab_itub_TransfersIntoOrOutOfLevel3OfFairValueHierarchyAssetsThroughOtherComprehensiveIncome_label_en-US" xlink:label="lab_itub_TransfersIntoOrOutOfLevel3OfFairValueHierarchyAssetsThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfers Into Or Out Of Level 3 Of Fair Value Hierarchy Assets Through Other Comprehensive Income</link:label>
    <link:label id="lab_itub_TransfersIntoOrOutOfLevel3OfFairValueHierarchyAssetsThroughOtherComprehensiveIncome_documentation_en-US" xlink:label="lab_itub_TransfersIntoOrOutOfLevel3OfFairValueHierarchyAssetsThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Transfers Into Or Out Of Level 3 Of Fair Value Hierarchy Assets Through Other Comprehensive Income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TransfersIntoOrOutOfLevel3OfFairValueHierarchyAssetsThroughOtherComprehensiveIncome" xlink:href="itub-20251231.xsd#itub_TransfersIntoOrOutOfLevel3OfFairValueHierarchyAssetsThroughOtherComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TransfersIntoOrOutOfLevel3OfFairValueHierarchyAssetsThroughOtherComprehensiveIncome" xlink:to="lab_itub_TransfersIntoOrOutOfLevel3OfFairValueHierarchyAssetsThroughOtherComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BorrowingsInterestRate_019dacfa-13ed-7e07-b817-31f486196779_terseLabel_en-US" xlink:label="lab_ifrs-full_BorrowingsInterestRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Return p.a.</link:label>
    <link:label id="lab_ifrs-full_BorrowingsInterestRate_label_en-US" xlink:label="lab_ifrs-full_BorrowingsInterestRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings, interest rate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BorrowingsInterestRate" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BorrowingsInterestRate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BorrowingsInterestRate" xlink:to="lab_ifrs-full_BorrowingsInterestRate" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_BRLMember_81980025-b13c-4aaa-97b5-2ca2d59e9cac_terseLabel_en-US" xlink:label="lab_itub_BRLMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subordinated financial bills - BRL</link:label>
    <link:label id="lab_itub_BRLMember_label_en-US" xlink:label="lab_itub_BRLMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">B R L [Member]</link:label>
    <link:label id="lab_itub_BRLMember_documentation_en-US" xlink:label="lab_itub_BRLMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">B R L [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_BRLMember" xlink:href="itub-20251231.xsd#itub_BRLMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_BRLMember" xlink:to="lab_itub_BRLMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities_de0a6548-fcf6-495e-b1a7-030bc0f86337_totalLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash from / (used in) investment activities</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) investing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:to="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncome_fcd33c9b-77ce-40ec-bbd1-cfd7252496a5_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current fair value</link:label>
    <link:label id="lab_ifrs-full_CurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncome_label_en-US" xlink:label="lab_ifrs-full_CurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current financial assets at fair value through other comprehensive income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:to="lab_ifrs-full_CurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfReconciliationOfExpectedLossTableTextBlock_6e4fff05-10fb-4d76-9780-dae305d260dd_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfReconciliationOfExpectedLossTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Reconciliation of Expected Loss</link:label>
    <link:label id="lab_itub_ScheduleOfReconciliationOfExpectedLossTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfReconciliationOfExpectedLossTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of reconciliation of expected loss [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfReconciliationOfExpectedLossTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfReconciliationOfExpectedLossTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of reconciliation of expected loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfReconciliationOfExpectedLossTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfReconciliationOfExpectedLossTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfReconciliationOfExpectedLossTableTextBlock" xlink:to="lab_itub_ScheduleOfReconciliationOfExpectedLossTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDerivativeFinancialInstrumentsExplanatory_81ad36a4-b59e-4eaf-990e-1e80b2029504_verboseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDerivativeFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Derivatives</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDerivativeFinancialInstrumentsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDerivativeFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of derivative financial instruments [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDerivativeFinancialInstrumentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDerivativeFinancialInstrumentsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDerivativeFinancialInstrumentsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDerivativeFinancialInstrumentsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherMiscellaneousContractMember_019c7579-e2ef-7064-82a2-517d8c6aeb3e_terseLabel_en-US" xlink:label="lab_itub_OtherMiscellaneousContractMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_itub_OtherMiscellaneousContractMember_label_en-US" xlink:label="lab_itub_OtherMiscellaneousContractMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other miscellaneous contract [Member]</link:label>
    <link:label id="lab_itub_OtherMiscellaneousContractMember_documentation_en-US" xlink:label="lab_itub_OtherMiscellaneousContractMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other miscellaneous contract</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherMiscellaneousContractMember" xlink:href="itub-20251231.xsd#itub_OtherMiscellaneousContractMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherMiscellaneousContractMember" xlink:to="lab_itub_OtherMiscellaneousContractMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SocialAndStatutoryMember_785c16e0-4090-438a-8c56-74389060601f_terseLabel_en-US" xlink:label="lab_itub_SocialAndStatutoryMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Social and statutory</link:label>
    <link:label id="lab_itub_SocialAndStatutoryMember_label_en-US" xlink:label="lab_itub_SocialAndStatutoryMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Social And Statutory [Member]</link:label>
    <link:label id="lab_itub_SocialAndStatutoryMember_documentation_en-US" xlink:label="lab_itub_SocialAndStatutoryMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Social And Statutory [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SocialAndStatutoryMember" xlink:href="itub-20251231.xsd#itub_SocialAndStatutoryMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SocialAndStatutoryMember" xlink:to="lab_itub_SocialAndStatutoryMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DecreaseIncreaseInInsuranceContractsAndPrivatePension_85f0e2cf-691c-4607-9c9c-9cd3eb8d70c9_verboseLabel_en-US" xlink:label="lab_itub_DecreaseIncreaseInInsuranceContractsAndPrivatePension" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Insurance contracts and private pension</link:label>
    <link:label id="lab_itub_DecreaseIncreaseInInsuranceContractsAndPrivatePension_label_en-US" xlink:label="lab_itub_DecreaseIncreaseInInsuranceContractsAndPrivatePension" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Decrease Increase In Insurance Contracts And Private Pension</link:label>
    <link:label id="lab_itub_DecreaseIncreaseInInsuranceContractsAndPrivatePension_documentation_en-US" xlink:label="lab_itub_DecreaseIncreaseInInsuranceContractsAndPrivatePension" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Decrease Increase In Insurance Contracts And Private Pension</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DecreaseIncreaseInInsuranceContractsAndPrivatePension" xlink:href="itub-20251231.xsd#itub_DecreaseIncreaseInInsuranceContractsAndPrivatePension"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DecreaseIncreaseInInsuranceContractsAndPrivatePension" xlink:to="lab_itub_DecreaseIncreaseInInsuranceContractsAndPrivatePension" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill_019d693c-106d-7205-83d0-aa714cf99751_negatedLabel_en-US" xlink:label="lab_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Amortization expense</link:label>
    <link:label id="lab_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill_label_en-US" xlink:label="lab_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amortisation, intangible assets other than goodwill</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:to="lab_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherOperatingIncomeExpenses_95367051-0ca8-42a3-a2e8-c0568082470e_totalLabel_en-US" xlink:label="lab_itub_OtherOperatingIncomeExpenses" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Other operating income / (expenses)</link:label>
    <link:label id="lab_itub_OtherOperatingIncomeExpenses_0f02c336-594f-49f3-9607-2d91865ec27d_terseLabel_en-US" xlink:label="lab_itub_OtherOperatingIncomeExpenses" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other operating income / (expenses)</link:label>
    <link:label id="lab_itub_OtherOperatingIncomeExpenses_label_en-US" xlink:label="lab_itub_OtherOperatingIncomeExpenses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Operating Income (Expenses)</link:label>
    <link:label id="lab_itub_OtherOperatingIncomeExpenses_documentation_en-US" xlink:label="lab_itub_OtherOperatingIncomeExpenses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Operating Income (Expenses)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherOperatingIncomeExpenses" xlink:href="itub-20251231.xsd#itub_OtherOperatingIncomeExpenses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherOperatingIncomeExpenses" xlink:to="lab_itub_OtherOperatingIncomeExpenses" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinanceLeasesMember_4a1b341f-89c3-47e0-bcd4-e8a1f99fccca_terseLabel_en-US" xlink:label="lab_itub_FinanceLeasesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Lease liabilities</link:label>
    <link:label id="lab_itub_FinanceLeasesMember_label_en-US" xlink:label="lab_itub_FinanceLeasesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finance Leases [Member]</link:label>
    <link:label id="lab_itub_FinanceLeasesMember_documentation_en-US" xlink:label="lab_itub_FinanceLeasesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Finance Leases [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinanceLeasesMember" xlink:href="itub-20251231.xsd#itub_FinanceLeasesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinanceLeasesMember" xlink:to="lab_itub_FinanceLeasesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherFinancialLiabilitiesTotal_d6c23e90-86d6-4fac-941a-9142579b8364_terseLabel_en-US" xlink:label="lab_itub_OtherFinancialLiabilitiesTotal" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other financial liabilities, Total</link:label>
    <link:label id="lab_itub_OtherFinancialLiabilitiesTotal_label_en-US" xlink:label="lab_itub_OtherFinancialLiabilitiesTotal" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Financial Liabilities, Total</link:label>
    <link:label id="lab_itub_OtherFinancialLiabilitiesTotal_documentation_en-US" xlink:label="lab_itub_OtherFinancialLiabilitiesTotal" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Financial Liabilities, Total</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherFinancialLiabilitiesTotal" xlink:href="itub-20251231.xsd#itub_OtherFinancialLiabilitiesTotal"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherFinancialLiabilitiesTotal" xlink:to="lab_itub_OtherFinancialLiabilitiesTotal" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FairValueAdjustmentOCI_019c8e70-8709-7e6e-a726-51031e24fc9d_terseLabel_en-US" xlink:label="lab_itub_FairValueAdjustmentOCI" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value adjustment (OCI)</link:label>
    <link:label id="lab_itub_FairValueAdjustmentOCI_label_en-US" xlink:label="lab_itub_FairValueAdjustmentOCI" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair value adjustment (OCI)</link:label>
    <link:label id="lab_itub_FairValueAdjustmentOCI_documentation_en-US" xlink:label="lab_itub_FairValueAdjustmentOCI" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fair value adjustment (OCI)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FairValueAdjustmentOCI" xlink:href="itub-20251231.xsd#itub_FairValueAdjustmentOCI"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FairValueAdjustmentOCI" xlink:to="lab_itub_FairValueAdjustmentOCI" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ContractualCapitalCommitments_887f2031-7bbd-417d-bdce-891854d774b3_terseLabel_en-US" xlink:label="lab_ifrs-full_ContractualCapitalCommitments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contractual commitments - Fixed and Intangible assets</link:label>
    <link:label id="lab_ifrs-full_ContractualCapitalCommitments_label_en-US" xlink:label="lab_ifrs-full_ContractualCapitalCommitments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contractual capital commitments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ContractualCapitalCommitments" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ContractualCapitalCommitments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ContractualCapitalCommitments" xlink:to="lab_ifrs-full_ContractualCapitalCommitments" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TransfersFromStageOneAllowanceAccountForCreditLossesOfFinancialAssets_995dc943-50db-47d3-b1f1-85b42ace527e_terseLabel_en-US" xlink:label="lab_itub_TransfersFromStageOneAllowanceAccountForCreditLossesOfFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transfer from Stage 1</link:label>
    <link:label id="lab_itub_TransfersFromStageOneAllowanceAccountForCreditLossesOfFinancialAssets_label_en-US" xlink:label="lab_itub_TransfersFromStageOneAllowanceAccountForCreditLossesOfFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfer from Stage 1</link:label>
    <link:label id="lab_itub_TransfersFromStageOneAllowanceAccountForCreditLossesOfFinancialAssets_documentation_en-US" xlink:label="lab_itub_TransfersFromStageOneAllowanceAccountForCreditLossesOfFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Transfer from Stage 1</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TransfersFromStageOneAllowanceAccountForCreditLossesOfFinancialAssets" xlink:href="itub-20251231.xsd#itub_TransfersFromStageOneAllowanceAccountForCreditLossesOfFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TransfersFromStageOneAllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="lab_itub_TransfersFromStageOneAllowanceAccountForCreditLossesOfFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ProvisionsDuringThePeriod_260fd1a6-7b17-401c-a36e-b8c503c06ddb_terseLabel_en-US" xlink:label="lab_itub_ProvisionsDuringThePeriod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subtotal</link:label>
    <link:label id="lab_itub_ProvisionsDuringThePeriod_label_en-US" xlink:label="lab_itub_ProvisionsDuringThePeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subtotal</link:label>
    <link:label id="lab_itub_ProvisionsDuringThePeriod_documentation_en-US" xlink:label="lab_itub_ProvisionsDuringThePeriod" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Subtotal</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ProvisionsDuringThePeriod" xlink:href="itub-20251231.xsd#itub_ProvisionsDuringThePeriod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ProvisionsDuringThePeriod" xlink:to="lab_itub_ProvisionsDuringThePeriod" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_YearsOfInsuranceClaimDomain_9d2b9ca1-5455-4dad-9fa7-fe402aa46cbb_terseLabel_en-US" xlink:label="lab_ifrs-full_YearsOfInsuranceClaimDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Years of insurance claim [domain]</link:label>
    <link:label id="lab_ifrs-full_YearsOfInsuranceClaimDomain_label_en-US" xlink:label="lab_ifrs-full_YearsOfInsuranceClaimDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Years of insurance claim [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_YearsOfInsuranceClaimDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_YearsOfInsuranceClaimDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_YearsOfInsuranceClaimDomain" xlink:to="lab_ifrs-full_YearsOfInsuranceClaimDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EquityPriceRiskMember_a672b0f3-0692-4da8-9a32-c48971936ec3_terseLabel_en-US" xlink:label="lab_ifrs-full_EquityPriceRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shares</link:label>
    <link:label id="lab_ifrs-full_EquityPriceRiskMember_label_en-US" xlink:label="lab_ifrs-full_EquityPriceRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity price risk [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EquityPriceRiskMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EquityPriceRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityPriceRiskMember" xlink:to="lab_ifrs-full_EquityPriceRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SegmentsAxis_8ead8d16-bdc7-4176-9fd6-7e36e6338620_terseLabel_en-US" xlink:label="lab_ifrs-full_SegmentsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Segments [axis]</link:label>
    <link:label id="lab_ifrs-full_SegmentsAxis_label_en-US" xlink:label="lab_ifrs-full_SegmentsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segments [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SegmentsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SegmentsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SegmentsAxis" xlink:to="lab_ifrs-full_SegmentsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypesOfRisksAxis_3a043ffc-461a-4c9a-bc55-8a07c14fb7d2_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfRisksAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types of risks [axis]</link:label>
    <link:label id="lab_ifrs-full_TypesOfRisksAxis_label_en-US" xlink:label="lab_ifrs-full_TypesOfRisksAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Types of risks [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfRisksAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfRisksAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfRisksAxis" xlink:to="lab_ifrs-full_TypesOfRisksAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherDepositMember_b179d65d-46e0-45b2-8fdc-3f459cb557da_terseLabel_en-US" xlink:label="lab_itub_OtherDepositMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_itub_OtherDepositMember_label_en-US" xlink:label="lab_itub_OtherDepositMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Deposit [Member]</link:label>
    <link:label id="lab_itub_OtherDepositMember_documentation_en-US" xlink:label="lab_itub_OtherDepositMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Deposit [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherDepositMember" xlink:href="itub-20251231.xsd#itub_OtherDepositMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherDepositMember" xlink:to="lab_itub_OtherDepositMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PortoSeguroItauUnibancoParticipacoesSAMember_303d2e77-e191-4a4c-b954-ab2044d93c72_terseLabel_en-US" xlink:label="lab_itub_PortoSeguroItauUnibancoParticipacoesSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Porto Seguro lta&#250; Unibanco Participa&#231;&#245;es S.A.</link:label>
    <link:label id="lab_itub_PortoSeguroItauUnibancoParticipacoesSAMember_label_en-US" xlink:label="lab_itub_PortoSeguroItauUnibancoParticipacoesSAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Porto Seguro Itau Unibanco Participacoes S A [Member]</link:label>
    <link:label id="lab_itub_PortoSeguroItauUnibancoParticipacoesSAMember_documentation_en-US" xlink:label="lab_itub_PortoSeguroItauUnibancoParticipacoesSAMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Porto Seguro Itau Unibanco Participacoes S A [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PortoSeguroItauUnibancoParticipacoesSAMember" xlink:href="itub-20251231.xsd#itub_PortoSeguroItauUnibancoParticipacoesSAMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PortoSeguroItauUnibancoParticipacoesSAMember" xlink:to="lab_itub_PortoSeguroItauUnibancoParticipacoesSAMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RepurchaseAgreementsAndCashCollateralOnSecuritiesLentNoncurrent_019d449b-6a7d-77cc-99bc-65821d7675d1_terseLabel_en-US" xlink:label="lab_itub_RepurchaseAgreementsAndCashCollateralOnSecuritiesLentNoncurrent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-current</link:label>
    <link:label id="lab_itub_RepurchaseAgreementsAndCashCollateralOnSecuritiesLentNoncurrent_label_en-US" xlink:label="lab_itub_RepurchaseAgreementsAndCashCollateralOnSecuritiesLentNoncurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Repurchase Agreements And Cash Collateral On Securities Lent, Noncurrent</link:label>
    <link:label id="lab_itub_RepurchaseAgreementsAndCashCollateralOnSecuritiesLentNoncurrent_documentation_en-US" xlink:label="lab_itub_RepurchaseAgreementsAndCashCollateralOnSecuritiesLentNoncurrent" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Repurchase Agreements And Cash Collateral On Securities Lent, Noncurrent</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RepurchaseAgreementsAndCashCollateralOnSecuritiesLentNoncurrent" xlink:href="itub-20251231.xsd#itub_RepurchaseAgreementsAndCashCollateralOnSecuritiesLentNoncurrent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RepurchaseAgreementsAndCashCollateralOnSecuritiesLentNoncurrent" xlink:to="lab_itub_RepurchaseAgreementsAndCashCollateralOnSecuritiesLentNoncurrent" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_UnsecuredLoansMember_019da96b-d4c4-739d-a8b5-5da4367db5f6_terseLabel_en-US" xlink:label="lab_itub_UnsecuredLoansMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unsecured Loans</link:label>
    <link:label id="lab_itub_UnsecuredLoansMember_label_en-US" xlink:label="lab_itub_UnsecuredLoansMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unsecured Loans [Member]</link:label>
    <link:label id="lab_itub_UnsecuredLoansMember_documentation_en-US" xlink:label="lab_itub_UnsecuredLoansMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Unsecured Loans</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_UnsecuredLoansMember" xlink:href="itub-20251231.xsd#itub_UnsecuredLoansMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_UnsecuredLoansMember" xlink:to="lab_itub_UnsecuredLoansMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DecreaseIncreaseInLiabilitiesAbstract_8ec19246-9f80-4a30-91ee-c2174bf1857a_terseLabel_en-US" xlink:label="lab_itub_DecreaseIncreaseInLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">(Decrease) / increase in liabilities</link:label>
    <link:label id="lab_itub_DecreaseIncreaseInLiabilitiesAbstract_label_en-US" xlink:label="lab_itub_DecreaseIncreaseInLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">(Decrease) / increase in liabilities</link:label>
    <link:label id="lab_itub_DecreaseIncreaseInLiabilitiesAbstract_documentation_en-US" xlink:label="lab_itub_DecreaseIncreaseInLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">(Decrease) / increase in liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DecreaseIncreaseInLiabilitiesAbstract" xlink:href="itub-20251231.xsd#itub_DecreaseIncreaseInLiabilitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DecreaseIncreaseInLiabilitiesAbstract" xlink:to="lab_itub_DecreaseIncreaseInLiabilitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CollectionAndPaymentOfTaxesAndContributionsMember_3424b86f-e402-4b20-b8e6-981fda103e71_terseLabel_en-US" xlink:label="lab_itub_CollectionAndPaymentOfTaxesAndContributionsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Charging and collection of taxes and similar</link:label>
    <link:label id="lab_itub_CollectionAndPaymentOfTaxesAndContributionsMember_label_en-US" xlink:label="lab_itub_CollectionAndPaymentOfTaxesAndContributionsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Collection And Payment Of Taxes And Contributions [Member]</link:label>
    <link:label id="lab_itub_CollectionAndPaymentOfTaxesAndContributionsMember_documentation_en-US" xlink:label="lab_itub_CollectionAndPaymentOfTaxesAndContributionsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Collection And Payment Of Taxes And Contributions [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CollectionAndPaymentOfTaxesAndContributionsMember" xlink:href="itub-20251231.xsd#itub_CollectionAndPaymentOfTaxesAndContributionsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CollectionAndPaymentOfTaxesAndContributionsMember" xlink:to="lab_itub_CollectionAndPaymentOfTaxesAndContributionsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_NumberOfTreasuryShares_019da96d-d874-7074-8c12-452f6a852472_periodStartLabel_en-US" xlink:label="lab_itub_NumberOfTreasuryShares" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Treasury shares, beginning balance (in shares)</link:label>
    <link:label id="lab_itub_NumberOfTreasuryShares_019da96d-f58e-7e08-9d64-675b9e1f461e_periodEndLabel_en-US" xlink:label="lab_itub_NumberOfTreasuryShares" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Treasury shares, ending balance (in shares)</link:label>
    <link:label id="lab_itub_NumberOfTreasuryShares_label_en-US" xlink:label="lab_itub_NumberOfTreasuryShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Treasury Shares</link:label>
    <link:label id="lab_itub_NumberOfTreasuryShares_documentation_en-US" xlink:label="lab_itub_NumberOfTreasuryShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number Of Treasury Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_NumberOfTreasuryShares" xlink:href="itub-20251231.xsd#itub_NumberOfTreasuryShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_NumberOfTreasuryShares" xlink:to="lab_itub_NumberOfTreasuryShares" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfDiscountRatesTableTextBlock_c628853f-7415-4369-be8a-02dce47aff69_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfDiscountRatesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Discount Rates</link:label>
    <link:label id="lab_itub_ScheduleOfDiscountRatesTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfDiscountRatesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Discount Rates [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfDiscountRatesTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfDiscountRatesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Discount Rates</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfDiscountRatesTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfDiscountRatesTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfDiscountRatesTableTextBlock" xlink:to="lab_itub_ScheduleOfDiscountRatesTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialAssetsAtAmortisedCostAndAtFairValueThroughOtherComprehensiveIncomeMember_708c2652-7581-4449-b0d1-a414667bfeda_terseLabel_en-US" xlink:label="lab_itub_FinancialAssetsAtAmortisedCostAndAtFairValueThroughOtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial Assets at Amortised Cost and at Fair Value Through Other Comprehensive Income</link:label>
    <link:label id="lab_itub_FinancialAssetsAtAmortisedCostAndAtFairValueThroughOtherComprehensiveIncomeMember_label_en-US" xlink:label="lab_itub_FinancialAssetsAtAmortisedCostAndAtFairValueThroughOtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Assets At Amortised Cost And At Fair Value Through Other Comprehensive Income [Member]</link:label>
    <link:label id="lab_itub_FinancialAssetsAtAmortisedCostAndAtFairValueThroughOtherComprehensiveIncomeMember_documentation_en-US" xlink:label="lab_itub_FinancialAssetsAtAmortisedCostAndAtFairValueThroughOtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial Assets At Amortised Cost And At Fair Value Through Other Comprehensive Income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialAssetsAtAmortisedCostAndAtFairValueThroughOtherComprehensiveIncomeMember" xlink:href="itub-20251231.xsd#itub_FinancialAssetsAtAmortisedCostAndAtFairValueThroughOtherComprehensiveIncomeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialAssetsAtAmortisedCostAndAtFairValueThroughOtherComprehensiveIncomeMember" xlink:to="lab_itub_FinancialAssetsAtAmortisedCostAndAtFairValueThroughOtherComprehensiveIncomeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ConectCarSolucoesdeMobilidadeEletronicaSAMember_38dc0de2-16d0-4056-a777-d91c1ff1d413_terseLabel_en-US" xlink:label="lab_itub_ConectCarSolucoesdeMobilidadeEletronicaSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">ConectCar Institui&#231;&#227;o de Pagamento e Solu&#231;&#245;es de Mobilidade Eletr&#244;nica S.A.</link:label>
    <link:label id="lab_itub_ConectCarSolucoesdeMobilidadeEletronicaSAMember_label_en-US" xlink:label="lab_itub_ConectCarSolucoesdeMobilidadeEletronicaSAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Conect Car Solucoesde Mobilidade Eletronica S A [Member]</link:label>
    <link:label id="lab_itub_ConectCarSolucoesdeMobilidadeEletronicaSAMember_documentation_en-US" xlink:label="lab_itub_ConectCarSolucoesdeMobilidadeEletronicaSAMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Conect Car Solucoesde Mobilidade Eletronica S A [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ConectCarSolucoesdeMobilidadeEletronicaSAMember" xlink:href="itub-20251231.xsd#itub_ConectCarSolucoesdeMobilidadeEletronicaSAMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ConectCarSolucoesdeMobilidadeEletronicaSAMember" xlink:to="lab_itub_ConectCarSolucoesdeMobilidadeEletronicaSAMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember_d7702790-17c8-4f46-8666-ffa7d76ece24_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial assets at amortized cost</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember_label_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets at amortised cost, category [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember" xlink:to="lab_ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeSecuritiesAbstract_738c473b-c3dd-4981-be74-3792700027fe_terseLabel_en-US" xlink:label="lab_itub_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeSecuritiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial Assets At Fair Value Through Other Comprehensive Income - Securities</link:label>
    <link:label id="lab_itub_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeSecuritiesAbstract_label_en-US" xlink:label="lab_itub_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeSecuritiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Assets At Fair Value Through Other Comprehensive Income - Securities [Abstract]</link:label>
    <link:label id="lab_itub_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeSecuritiesAbstract_documentation_en-US" xlink:label="lab_itub_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeSecuritiesAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial Assets At Fair Value Through Other Comprehensive Income - Securities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeSecuritiesAbstract" xlink:href="itub-20251231.xsd#itub_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeSecuritiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeSecuritiesAbstract" xlink:to="lab_itub_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeSecuritiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OpeningBalance_a54c0c77-6be5-4318-b4fa-7f2a83dd725d_terseLabel_en-US" xlink:label="lab_itub_OpeningBalance" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Opening balance - 01/01</link:label>
    <link:label id="lab_itub_OpeningBalance_991021ca-2615-4af9-8912-3a5d8e96aa9b_verboseLabel_en-US" xlink:label="lab_itub_OpeningBalance" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Opening balance - 01/01</link:label>
    <link:label id="lab_itub_OpeningBalance_label_en-US" xlink:label="lab_itub_OpeningBalance" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Opening Balance - 01/01</link:label>
    <link:label id="lab_itub_OpeningBalance_documentation_en-US" xlink:label="lab_itub_OpeningBalance" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Opening Balance - 01/01</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OpeningBalance" xlink:href="itub-20251231.xsd#itub_OpeningBalance"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OpeningBalance" xlink:to="lab_itub_OpeningBalance" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_NSFRMember_59d12693-6206-445d-bd43-4e203e2b04d6_terseLabel_en-US" xlink:label="lab_itub_NSFRMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">N S F R</link:label>
    <link:label id="lab_itub_NSFRMember_label_en-US" xlink:label="lab_itub_NSFRMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">N S F R [Member]</link:label>
    <link:label id="lab_itub_NSFRMember_documentation_en-US" xlink:label="lab_itub_NSFRMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">N S F R [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_NSFRMember" xlink:href="itub-20251231.xsd#itub_NSFRMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_NSFRMember" xlink:to="lab_itub_NSFRMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestOnCapitalMonthlyInstallmentGrossValuePerShare_3003b370-4d6d-4b05-af58-c309292f1961_terseLabel_en-US" xlink:label="lab_itub_InterestOnCapitalMonthlyInstallmentGrossValuePerShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest on capital - 1 monthly installment, gross value per share (in brl per share)</link:label>
    <link:label id="lab_itub_InterestOnCapitalMonthlyInstallmentGrossValuePerShare_label_en-US" xlink:label="lab_itub_InterestOnCapitalMonthlyInstallmentGrossValuePerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest On Capital - Monthly Installment, Gross Value Per Share</link:label>
    <link:label id="lab_itub_InterestOnCapitalMonthlyInstallmentGrossValuePerShare_documentation_en-US" xlink:label="lab_itub_InterestOnCapitalMonthlyInstallmentGrossValuePerShare" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest On Capital - Monthly Installment, Gross Value Per Share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestOnCapitalMonthlyInstallmentGrossValuePerShare" xlink:href="itub-20251231.xsd#itub_InterestOnCapitalMonthlyInstallmentGrossValuePerShare"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestOnCapitalMonthlyInstallmentGrossValuePerShare" xlink:to="lab_itub_InterestOnCapitalMonthlyInstallmentGrossValuePerShare" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NetDeferredTaxAssets_019d988c-efb3-7734-8be3-8579e0eea12d_totalLabel_en-US" xlink:label="lab_ifrs-full_NetDeferredTaxAssets" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net deferred taxes</link:label>
    <link:label id="lab_ifrs-full_NetDeferredTaxAssets_label_en-US" xlink:label="lab_ifrs-full_NetDeferredTaxAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net deferred tax assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NetDeferredTaxAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NetDeferredTaxAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NetDeferredTaxAssets" xlink:to="lab_ifrs-full_NetDeferredTaxAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ThirdPartyServicesFinancialServicesExpensesSecurityAndTransportation_c2ba1f6f-38c9-489f-a171-c7bd7741af08_negatedLabel_en-US" xlink:label="lab_itub_ThirdPartyServicesFinancialServicesExpensesSecurityAndTransportation" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Third-party and financial system services, security, transportation and travel expenses</link:label>
    <link:label id="lab_itub_ThirdPartyServicesFinancialServicesExpensesSecurityAndTransportation_label_en-US" xlink:label="lab_itub_ThirdPartyServicesFinancialServicesExpensesSecurityAndTransportation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Third Party Services Financial Services Expenses Security And Transportation</link:label>
    <link:label id="lab_itub_ThirdPartyServicesFinancialServicesExpensesSecurityAndTransportation_documentation_en-US" xlink:label="lab_itub_ThirdPartyServicesFinancialServicesExpensesSecurityAndTransportation" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Third Party Services Financial Services Expenses Security And Transportation</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ThirdPartyServicesFinancialServicesExpensesSecurityAndTransportation" xlink:href="itub-20251231.xsd#itub_ThirdPartyServicesFinancialServicesExpensesSecurityAndTransportation"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ThirdPartyServicesFinancialServicesExpensesSecurityAndTransportation" xlink:to="lab_itub_ThirdPartyServicesFinancialServicesExpensesSecurityAndTransportation" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_BorrowingInterestRateDomainDomain_c9b04159-4703-4369-9a8d-0ba65d1190d2_terseLabel_en-US" xlink:label="lab_itub_BorrowingInterestRateDomainDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">BorrowingInterestRateDomain</link:label>
    <link:label id="lab_itub_BorrowingInterestRateDomainDomain_label_en-US" xlink:label="lab_itub_BorrowingInterestRateDomainDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">BorrowingInterestRateDomain [Domain]</link:label>
    <link:label id="lab_itub_BorrowingInterestRateDomainDomain_documentation_en-US" xlink:label="lab_itub_BorrowingInterestRateDomainDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">BorrowingInterestRateDomain</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_BorrowingInterestRateDomainDomain" xlink:href="itub-20251231.xsd#itub_BorrowingInterestRateDomainDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_BorrowingInterestRateDomainDomain" xlink:to="lab_itub_BorrowingInterestRateDomainDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SecuritiesHeldForTradingOfFinancialAssetsAtFairValueThroughProfitOrLossDesignatedRecognition_dd18bbc7-c2c6-4d55-86ab-b96c7282a6e8_verboseLabel_en-US" xlink:label="lab_itub_SecuritiesHeldForTradingOfFinancialAssetsAtFairValueThroughProfitOrLossDesignatedRecognition" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Securities</link:label>
    <link:label id="lab_itub_SecuritiesHeldForTradingOfFinancialAssetsAtFairValueThroughProfitOrLossDesignatedRecognition_label_en-US" xlink:label="lab_itub_SecuritiesHeldForTradingOfFinancialAssetsAtFairValueThroughProfitOrLossDesignatedRecognition" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Securities Held For Trading Of Financial Assets At Fair Value Through Profit Or Loss Designated Recognition</link:label>
    <link:label id="lab_itub_SecuritiesHeldForTradingOfFinancialAssetsAtFairValueThroughProfitOrLossDesignatedRecognition_documentation_en-US" xlink:label="lab_itub_SecuritiesHeldForTradingOfFinancialAssetsAtFairValueThroughProfitOrLossDesignatedRecognition" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Securities Held For Trading Of Financial Assets At Fair Value Through Profit Or Loss Designated Recognition</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SecuritiesHeldForTradingOfFinancialAssetsAtFairValueThroughProfitOrLossDesignatedRecognition" xlink:href="itub-20251231.xsd#itub_SecuritiesHeldForTradingOfFinancialAssetsAtFairValueThroughProfitOrLossDesignatedRecognition"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SecuritiesHeldForTradingOfFinancialAssetsAtFairValueThroughProfitOrLossDesignatedRecognition" xlink:to="lab_itub_SecuritiesHeldForTradingOfFinancialAssetsAtFairValueThroughProfitOrLossDesignatedRecognition" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_AmendmentFlag_30bda441-0498-45ae-9838-56de2fae58be_terseLabel_en-US" xlink:label="lab_dei_AmendmentFlag" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amendment Flag</link:label>
    <link:label id="lab_dei_AmendmentFlag_label_en-US" xlink:label="lab_dei_AmendmentFlag" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amendment Flag</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AmendmentFlag" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AmendmentFlag"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AmendmentFlag" xlink:to="lab_dei_AmendmentFlag" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SubordinatedDebtTierICapital_30ebd0e7-eb7e-48fa-9a6e-292574670672_terseLabel_en-US" xlink:label="lab_itub_SubordinatedDebtTierICapital" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subordinated debt, Tier I capital</link:label>
    <link:label id="lab_itub_SubordinatedDebtTierICapital_label_en-US" xlink:label="lab_itub_SubordinatedDebtTierICapital" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subordinated Debt, Tier I Capital</link:label>
    <link:label id="lab_itub_SubordinatedDebtTierICapital_documentation_en-US" xlink:label="lab_itub_SubordinatedDebtTierICapital" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Subordinated Debt, Tier I Capital</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SubordinatedDebtTierICapital" xlink:href="itub-20251231.xsd#itub_SubordinatedDebtTierICapital"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SubordinatedDebtTierICapital" xlink:to="lab_itub_SubordinatedDebtTierICapital" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SeparateManagementEntitiesDomain_c2539689-a47f-4632-a1a8-533fa976faa3_terseLabel_en-US" xlink:label="lab_ifrs-full_SeparateManagementEntitiesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Separate management entities [domain]</link:label>
    <link:label id="lab_ifrs-full_SeparateManagementEntitiesDomain_label_en-US" xlink:label="lab_ifrs-full_SeparateManagementEntitiesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Separate management entities [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SeparateManagementEntitiesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SeparateManagementEntitiesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SeparateManagementEntitiesDomain" xlink:to="lab_ifrs-full_SeparateManagementEntitiesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory_5f28e4af-b233-416b-b330-2ffe75f7f44f_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Non-Controlling Interests</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of non-controlling interests [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherFinancialAssetsAtFairValueThroughProfitOrLossMember_79ceaf8f-72ba-478b-9ea3-1c802ebdbf63_terseLabel_en-US" xlink:label="lab_itub_OtherFinancialAssetsAtFairValueThroughProfitOrLossMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other financial assets at fair value through profit or loss</link:label>
    <link:label id="lab_itub_OtherFinancialAssetsAtFairValueThroughProfitOrLossMember_label_en-US" xlink:label="lab_itub_OtherFinancialAssetsAtFairValueThroughProfitOrLossMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Financial Assets At Fair Value Through Profit Or Loss [Member]</link:label>
    <link:label id="lab_itub_OtherFinancialAssetsAtFairValueThroughProfitOrLossMember_documentation_en-US" xlink:label="lab_itub_OtherFinancialAssetsAtFairValueThroughProfitOrLossMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Financial Assets At Fair Value Through Profit Or Loss [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherFinancialAssetsAtFairValueThroughProfitOrLossMember" xlink:href="itub-20251231.xsd#itub_OtherFinancialAssetsAtFairValueThroughProfitOrLossMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherFinancialAssetsAtFairValueThroughProfitOrLossMember" xlink:to="lab_itub_OtherFinancialAssetsAtFairValueThroughProfitOrLossMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialGuarantees_1dad0b77-4da3-4244-a4d9-d91fa257d6d0_verboseLabel_en-US" xlink:label="lab_itub_FinancialGuarantees" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Financial guarantees</link:label>
    <link:label id="lab_itub_FinancialGuarantees_label_en-US" xlink:label="lab_itub_FinancialGuarantees" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Guarantees</link:label>
    <link:label id="lab_itub_FinancialGuarantees_documentation_en-US" xlink:label="lab_itub_FinancialGuarantees" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial Guarantees</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialGuarantees" xlink:href="itub-20251231.xsd#itub_FinancialGuarantees"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialGuarantees" xlink:to="lab_itub_FinancialGuarantees" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory_4527378d-1e20-4155-a248-0aa0d7f00580_verboseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Post-employment benefits</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for employee benefits [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IncomeTaxAndSocialContributionDeferredAssets_f3a652bd-5cf9-449e-ab94-c062b4c3abd5_terseLabel_en-US" xlink:label="lab_itub_IncomeTaxAndSocialContributionDeferredAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income tax and social contribution - deferred</link:label>
    <link:label id="lab_itub_IncomeTaxAndSocialContributionDeferredAssets_label_en-US" xlink:label="lab_itub_IncomeTaxAndSocialContributionDeferredAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income tax and social contribution - deferred</link:label>
    <link:label id="lab_itub_IncomeTaxAndSocialContributionDeferredAssets_documentation_en-US" xlink:label="lab_itub_IncomeTaxAndSocialContributionDeferredAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Income tax and social contribution - deferred</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IncomeTaxAndSocialContributionDeferredAssets" xlink:href="itub-20251231.xsd#itub_IncomeTaxAndSocialContributionDeferredAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IncomeTaxAndSocialContributionDeferredAssets" xlink:to="lab_itub_IncomeTaxAndSocialContributionDeferredAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ForeignBorrowingThroughSecuritiesMember_019c9081-02af-75f2-bb55-27f4043701a4_terseLabel_en-US" xlink:label="lab_itub_ForeignBorrowingThroughSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign borrowing through securities</link:label>
    <link:label id="lab_itub_ForeignBorrowingThroughSecuritiesMember_label_en-US" xlink:label="lab_itub_ForeignBorrowingThroughSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Foreign borrowing through securities [Member]</link:label>
    <link:label id="lab_itub_ForeignBorrowingThroughSecuritiesMember_documentation_en-US" xlink:label="lab_itub_ForeignBorrowingThroughSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Foreign borrowing through securities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ForeignBorrowingThroughSecuritiesMember" xlink:href="itub-20251231.xsd#itub_ForeignBorrowingThroughSecuritiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ForeignBorrowingThroughSecuritiesMember" xlink:to="lab_itub_ForeignBorrowingThroughSecuritiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OneHundredAndFourteenPercentageOfSelicMember_660e6d76-6be0-4e2f-b844-d44caebdc26c_terseLabel_en-US" xlink:label="lab_itub_OneHundredAndFourteenPercentageOfSelicMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">114% of SELIC</link:label>
    <link:label id="lab_itub_OneHundredAndFourteenPercentageOfSelicMember_label_en-US" xlink:label="lab_itub_OneHundredAndFourteenPercentageOfSelicMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">One Hundred And Fourteen Percentage Of Selic [Member]</link:label>
    <link:label id="lab_itub_OneHundredAndFourteenPercentageOfSelicMember_documentation_en-US" xlink:label="lab_itub_OneHundredAndFourteenPercentageOfSelicMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">One Hundred And Fourteen Percentage Of Selic [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OneHundredAndFourteenPercentageOfSelicMember" xlink:href="itub-20251231.xsd#itub_OneHundredAndFourteenPercentageOfSelicMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OneHundredAndFourteenPercentageOfSelicMember" xlink:to="lab_itub_OneHundredAndFourteenPercentageOfSelicMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ConsolidationsPolicyTextBlock_2ac9ce38-dfe4-4f50-9083-195042edb8cf_terseLabel_en-US" xlink:label="lab_itub_ConsolidationsPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Consolidation</link:label>
    <link:label id="lab_itub_ConsolidationsPolicyTextBlock_label_en-US" xlink:label="lab_itub_ConsolidationsPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidations [Policy Text Block]</link:label>
    <link:label id="lab_itub_ConsolidationsPolicyTextBlock_documentation_en-US" xlink:label="lab_itub_ConsolidationsPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Consolidations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ConsolidationsPolicyTextBlock" xlink:href="itub-20251231.xsd#itub_ConsolidationsPolicyTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ConsolidationsPolicyTextBlock" xlink:to="lab_itub_ConsolidationsPolicyTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TwoThousandAndTwentyNineMember_f4b1d102-028a-41f8-a312-09baccadd50f_terseLabel_en-US" xlink:label="lab_itub_TwoThousandAndTwentyNineMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2029</link:label>
    <link:label id="lab_itub_TwoThousandAndTwentyNineMember_label_en-US" xlink:label="lab_itub_TwoThousandAndTwentyNineMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Two Thousand And Twenty Nine [Member]</link:label>
    <link:label id="lab_itub_TwoThousandAndTwentyNineMember_documentation_en-US" xlink:label="lab_itub_TwoThousandAndTwentyNineMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Two Thousand And Twenty Nine [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TwoThousandAndTwentyNineMember" xlink:href="itub-20251231.xsd#itub_TwoThousandAndTwentyNineMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TwoThousandAndTwentyNineMember" xlink:to="lab_itub_TwoThousandAndTwentyNineMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OperationsTextBlock_bf1fe1d1-807b-461a-9fdd-1960ded89c61_verboseLabel_en-US" xlink:label="lab_itub_OperationsTextBlock" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Operations</link:label>
    <link:label id="lab_itub_OperationsTextBlock_label_en-US" xlink:label="lab_itub_OperationsTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operations [Text Block]</link:label>
    <link:label id="lab_itub_OperationsTextBlock_documentation_en-US" xlink:label="lab_itub_OperationsTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OperationsTextBlock" xlink:href="itub-20251231.xsd#itub_OperationsTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OperationsTextBlock" xlink:to="lab_itub_OperationsTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DemandDeposits1Member_0d98370d-9480-4041-bba1-ea935f42d424_terseLabel_en-US" xlink:label="lab_itub_DemandDeposits1Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Demand</link:label>
    <link:label id="lab_itub_DemandDeposits1Member_label_en-US" xlink:label="lab_itub_DemandDeposits1Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Demand Deposits 1 [Member]</link:label>
    <link:label id="lab_itub_DemandDeposits1Member_documentation_en-US" xlink:label="lab_itub_DemandDeposits1Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Demand Deposits 1 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DemandDeposits1Member" xlink:href="itub-20251231.xsd#itub_DemandDeposits1Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DemandDeposits1Member" xlink:to="lab_itub_DemandDeposits1Member" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CounterpartyCreditRiskDomain_78ad654a-0fc3-496b-bea4-97ae952eb4d1_terseLabel_en-US" xlink:label="lab_itub_CounterpartyCreditRiskDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Counterparty Credit Risk [Domain]</link:label>
    <link:label id="lab_itub_CounterpartyCreditRiskDomain_label_en-US" xlink:label="lab_itub_CounterpartyCreditRiskDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Counterparty Credit Risk [Domain]</link:label>
    <link:label id="lab_itub_CounterpartyCreditRiskDomain_documentation_en-US" xlink:label="lab_itub_CounterpartyCreditRiskDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Counterparty Credit Risk</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CounterpartyCreditRiskDomain" xlink:href="itub-20251231.xsd#itub_CounterpartyCreditRiskDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CounterpartyCreditRiskDomain" xlink:to="lab_itub_CounterpartyCreditRiskDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialAssetsAtCarryingValueMember_633ab086-7e4a-43af-8379-47416ae5a80c_terseLabel_en-US" xlink:label="lab_itub_FinancialAssetsAtCarryingValueMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gross book value</link:label>
    <link:label id="lab_itub_FinancialAssetsAtCarryingValueMember_label_en-US" xlink:label="lab_itub_FinancialAssetsAtCarryingValueMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Assets At Carrying Value [Member]</link:label>
    <link:label id="lab_itub_FinancialAssetsAtCarryingValueMember_documentation_en-US" xlink:label="lab_itub_FinancialAssetsAtCarryingValueMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial Assets At Carrying Value [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialAssetsAtCarryingValueMember" xlink:href="itub-20251231.xsd#itub_FinancialAssetsAtCarryingValueMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialAssetsAtCarryingValueMember" xlink:to="lab_itub_FinancialAssetsAtCarryingValueMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis_13c30cbe-1d9a-4d25-a429-fc1e9d4b5ccd_terseLabel_en-US" xlink:label="lab_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Temporary difference, unused tax losses and unused tax credits [axis]</link:label>
    <link:label id="lab_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis_label_en-US" xlink:label="lab_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Temporary difference, unused tax losses and unused tax credits [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" xlink:to="lab_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RiskAndCapitalManagementTextBlock_dbf9a1fd-57d2-495c-8634-84f3ed3c7ccb_terseLabel_en-US" xlink:label="lab_itub_RiskAndCapitalManagementTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Risk and Capital Management</link:label>
    <link:label id="lab_itub_RiskAndCapitalManagementTextBlock_label_en-US" xlink:label="lab_itub_RiskAndCapitalManagementTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Risk And Capital Management [Text Block]</link:label>
    <link:label id="lab_itub_RiskAndCapitalManagementTextBlock_documentation_en-US" xlink:label="lab_itub_RiskAndCapitalManagementTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Risk And Capital Management</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RiskAndCapitalManagementTextBlock" xlink:href="itub-20251231.xsd#itub_RiskAndCapitalManagementTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RiskAndCapitalManagementTextBlock" xlink:to="lab_itub_RiskAndCapitalManagementTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SensitivityAnalysisImpactOnAssetFairValue_14338805-d453-4bae-bac1-d0ab4102f6df_terseLabel_en-US" xlink:label="lab_itub_SensitivityAnalysisImpactOnAssetFairValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Impact, Income</link:label>
    <link:label id="lab_itub_SensitivityAnalysisImpactOnAssetFairValue_label_en-US" xlink:label="lab_itub_SensitivityAnalysisImpactOnAssetFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Impact, Income</link:label>
    <link:label id="lab_itub_SensitivityAnalysisImpactOnAssetFairValue_documentation_en-US" xlink:label="lab_itub_SensitivityAnalysisImpactOnAssetFairValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Impact, Income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SensitivityAnalysisImpactOnAssetFairValue" xlink:href="itub-20251231.xsd#itub_SensitivityAnalysisImpactOnAssetFairValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SensitivityAnalysisImpactOnAssetFairValue" xlink:to="lab_itub_SensitivityAnalysisImpactOnAssetFairValue" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PercentageOfSharesHeldByControllingAndMinorityStockholders_ae3bf5c6-aac5-4fb9-9bc5-1a36e1cddc14_terseLabel_en-US" xlink:label="lab_itub_PercentageOfSharesHeldByControllingAndMinorityStockholders" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of shares held by controlling and minority stockholders</link:label>
    <link:label id="lab_itub_PercentageOfSharesHeldByControllingAndMinorityStockholders_label_en-US" xlink:label="lab_itub_PercentageOfSharesHeldByControllingAndMinorityStockholders" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Shares Held By Controlling And Minority Stockholders</link:label>
    <link:label id="lab_itub_PercentageOfSharesHeldByControllingAndMinorityStockholders_documentation_en-US" xlink:label="lab_itub_PercentageOfSharesHeldByControllingAndMinorityStockholders" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage Of Shares Held By Controlling And Minority Stockholders</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PercentageOfSharesHeldByControllingAndMinorityStockholders" xlink:href="itub-20251231.xsd#itub_PercentageOfSharesHeldByControllingAndMinorityStockholders"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PercentageOfSharesHeldByControllingAndMinorityStockholders" xlink:to="lab_itub_PercentageOfSharesHeldByControllingAndMinorityStockholders" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_Liability_019d987e-3615-7877-ba90-a3de35cfadc5_negatedTotalLabel_en-US" xlink:label="lab_itub_Liability" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US">Total Liabilities</link:label>
    <link:label id="lab_itub_Liability_label_en-US" xlink:label="lab_itub_Liability" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Liabilities</link:label>
    <link:label id="lab_itub_Liability_documentation_en-US" xlink:label="lab_itub_Liability" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_Liability" xlink:href="itub-20251231.xsd#itub_Liability"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_Liability" xlink:to="lab_itub_Liability" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IncreaseDecreaseInIncomeTaxAndSocialContributionChargesArisingFromAbstract_ae2f7731-2769-4f25-b51d-7e88a4ec9b2c_terseLabel_en-US" xlink:label="lab_itub_IncreaseDecreaseInIncomeTaxAndSocialContributionChargesArisingFromAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase / decrease in income tax and social contribution charges arising from:</link:label>
    <link:label id="lab_itub_IncreaseDecreaseInIncomeTaxAndSocialContributionChargesArisingFromAbstract_label_en-US" xlink:label="lab_itub_IncreaseDecreaseInIncomeTaxAndSocialContributionChargesArisingFromAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase / Decrease In Income Tax And Social Contribution Charges Arising From: [Abstract]</link:label>
    <link:label id="lab_itub_IncreaseDecreaseInIncomeTaxAndSocialContributionChargesArisingFromAbstract_documentation_en-US" xlink:label="lab_itub_IncreaseDecreaseInIncomeTaxAndSocialContributionChargesArisingFromAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase / Decrease In Income Tax And Social Contribution Charges Arising From:</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IncreaseDecreaseInIncomeTaxAndSocialContributionChargesArisingFromAbstract" xlink:href="itub-20251231.xsd#itub_IncreaseDecreaseInIncomeTaxAndSocialContributionChargesArisingFromAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IncreaseDecreaseInIncomeTaxAndSocialContributionChargesArisingFromAbstract" xlink:to="lab_itub_IncreaseDecreaseInIncomeTaxAndSocialContributionChargesArisingFromAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember_5986e380-b69b-4d3e-9cc8-d6400a1c1d5a_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">31-90</link:label>
    <link:label id="lab_ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than one month and not later than three months [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember" xlink:to="lab_ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ProvisionForExpectedLossMember_ccdacdab-e25c-438a-9c14-6b621312ac84_terseLabel_en-US" xlink:label="lab_itub_ProvisionForExpectedLossMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Provision for expected credit loss</link:label>
    <link:label id="lab_itub_ProvisionForExpectedLossMember_label_en-US" xlink:label="lab_itub_ProvisionForExpectedLossMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Provision For Expected Loss [Member]</link:label>
    <link:label id="lab_itub_ProvisionForExpectedLossMember_documentation_en-US" xlink:label="lab_itub_ProvisionForExpectedLossMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Provision For Expected Loss [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ProvisionForExpectedLossMember" xlink:href="itub-20251231.xsd#itub_ProvisionForExpectedLossMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ProvisionForExpectedLossMember" xlink:to="lab_itub_ProvisionForExpectedLossMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_HedgedItemAssets_c60e92ae-21d5-47be-b1ba-e5f0cfd87de7_terseLabel_en-US" xlink:label="lab_ifrs-full_HedgedItemAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:label id="lab_ifrs-full_HedgedItemAssets_82f94bbf-038b-466d-b245-498370e20fc9_verboseLabel_en-US" xlink:label="lab_ifrs-full_HedgedItemAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:label id="lab_ifrs-full_HedgedItemAssets_019c8b70-7895-7137-bb01-bffc834c027f_netLabel_en-US" xlink:label="lab_ifrs-full_HedgedItemAssets" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Book value, assets</link:label>
    <link:label id="lab_ifrs-full_HedgedItemAssets_label_en-US" xlink:label="lab_ifrs-full_HedgedItemAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedged item, assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_HedgedItemAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_HedgedItemAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_HedgedItemAssets" xlink:to="lab_ifrs-full_HedgedItemAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SpecialRevenueMember_2505d691-21e2-4cc9-b0c2-b3d4ee45950f_terseLabel_en-US" xlink:label="lab_itub_SpecialRevenueMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Special revenue</link:label>
    <link:label id="lab_itub_SpecialRevenueMember_label_en-US" xlink:label="lab_itub_SpecialRevenueMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Special Revenue [Member]</link:label>
    <link:label id="lab_itub_SpecialRevenueMember_documentation_en-US" xlink:label="lab_itub_SpecialRevenueMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Special Revenue [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SpecialRevenueMember" xlink:href="itub-20251231.xsd#itub_SpecialRevenueMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SpecialRevenueMember" xlink:to="lab_itub_SpecialRevenueMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_RetailBankingMember_866b39f3-a485-4b38-a5e9-8ca426f94052_terseLabel_en-US" xlink:label="lab_itub_RetailBankingMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retail Business</link:label>
    <link:label id="lab_itub_RetailBankingMember_label_en-US" xlink:label="lab_itub_RetailBankingMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retail Banking [Member]</link:label>
    <link:label id="lab_itub_RetailBankingMember_documentation_en-US" xlink:label="lab_itub_RetailBankingMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Retail Banking [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_RetailBankingMember" xlink:href="itub-20251231.xsd#itub_RetailBankingMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_RetailBankingMember" xlink:to="lab_itub_RetailBankingMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PremiumBondsPlans_a77b69bc-0e99-40d0-a912-8ac5ac22e338_terseLabel_en-US" xlink:label="lab_itub_PremiumBondsPlans" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other financial liabilities</link:label>
    <link:label id="lab_itub_PremiumBondsPlans_label_en-US" xlink:label="lab_itub_PremiumBondsPlans" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Premium Bonds Plans</link:label>
    <link:label id="lab_itub_PremiumBondsPlans_documentation_en-US" xlink:label="lab_itub_PremiumBondsPlans" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Premium Bonds Plans</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PremiumBondsPlans" xlink:href="itub-20251231.xsd#itub_PremiumBondsPlans"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PremiumBondsPlans" xlink:to="lab_itub_PremiumBondsPlans" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_InterestOnCapitalPaidValue_019da971-9b8c-7749-b437-568bc5a25fe4_totalLabel_en-US" xlink:label="lab_itub_InterestOnCapitalPaidValue" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Interest on capital-paid, value</link:label>
    <link:label id="lab_itub_InterestOnCapitalPaidValue_label_en-US" xlink:label="lab_itub_InterestOnCapitalPaidValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest On Capital-Paid, Value</link:label>
    <link:label id="lab_itub_InterestOnCapitalPaidValue_documentation_en-US" xlink:label="lab_itub_InterestOnCapitalPaidValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest On Capital-Paid, Value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_InterestOnCapitalPaidValue" xlink:href="itub-20251231.xsd#itub_InterestOnCapitalPaidValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_InterestOnCapitalPaidValue" xlink:to="lab_itub_InterestOnCapitalPaidValue" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_PravalerSAMember_273bf426-9585-443d-902a-a6a05950daee_terseLabel_en-US" xlink:label="lab_itub_PravalerSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Pravaler S.A.</link:label>
    <link:label id="lab_itub_PravalerSAMember_label_en-US" xlink:label="lab_itub_PravalerSAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Pravaler S A [Member]</link:label>
    <link:label id="lab_itub_PravalerSAMember_documentation_en-US" xlink:label="lab_itub_PravalerSAMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Pravaler S A [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_PravalerSAMember" xlink:href="itub-20251231.xsd#itub_PravalerSAMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_PravalerSAMember" xlink:to="lab_itub_PravalerSAMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OneYearMember_2a29ef80-f2c8-403b-9e3e-ef97526e142e_terseLabel_en-US" xlink:label="lab_itub_OneYearMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">1 year</link:label>
    <link:label id="lab_itub_OneYearMember_label_en-US" xlink:label="lab_itub_OneYearMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">One Year [Member]</link:label>
    <link:label id="lab_itub_OneYearMember_documentation_en-US" xlink:label="lab_itub_OneYearMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">One Year [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OneYearMember" xlink:href="itub-20251231.xsd#itub_OneYearMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OneYearMember" xlink:to="lab_itub_OneYearMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_OtherIncomeExpenses_8cc29de7-cf62-48af-ba24-930a7926eb26_terseLabel_en-US" xlink:label="lab_itub_OtherIncomeExpenses" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other income expenses</link:label>
    <link:label id="lab_itub_OtherIncomeExpenses_label_en-US" xlink:label="lab_itub_OtherIncomeExpenses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Income Expenses</link:label>
    <link:label id="lab_itub_OtherIncomeExpenses_documentation_en-US" xlink:label="lab_itub_OtherIncomeExpenses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Income Expenses</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_OtherIncomeExpenses" xlink:href="itub-20251231.xsd#itub_OtherIncomeExpenses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_OtherIncomeExpenses" xlink:to="lab_itub_OtherIncomeExpenses" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IdentifiedInRevenueReservesInStockholdersEquityNet_d1607a14-122c-4d2f-a2ba-d3efd9b30767_terseLabel_en-US" xlink:label="lab_itub_IdentifiedInRevenueReservesInStockholdersEquityNet" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Identified in revenue reserves in stockholders equity, Net</link:label>
    <link:label id="lab_itub_IdentifiedInRevenueReservesInStockholdersEquityNet_label_en-US" xlink:label="lab_itub_IdentifiedInRevenueReservesInStockholdersEquityNet" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Identified In Revenue Reserves In Stockholders Equity, Net</link:label>
    <link:label id="lab_itub_IdentifiedInRevenueReservesInStockholdersEquityNet_documentation_en-US" xlink:label="lab_itub_IdentifiedInRevenueReservesInStockholdersEquityNet" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Identified In Revenue Reserves In Stockholders Equity, Net</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IdentifiedInRevenueReservesInStockholdersEquityNet" xlink:href="itub-20251231.xsd#itub_IdentifiedInRevenueReservesInStockholdersEquityNet"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IdentifiedInRevenueReservesInStockholdersEquityNet" xlink:to="lab_itub_IdentifiedInRevenueReservesInStockholdersEquityNet" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanTenYearsMember_50ede09b-d848-47ff-b0d3-c43781ff47cc_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanTenYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">After ten years</link:label>
    <link:label id="lab_ifrs-full_LaterThanTenYearsMember_019cb8a3-b697-769a-affb-713578e7e5a3_verboseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanTenYearsMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Over 10 years</link:label>
    <link:label id="lab_ifrs-full_LaterThanTenYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanTenYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than ten years [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanTenYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanTenYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanTenYearsMember" xlink:to="lab_ifrs-full_LaterThanTenYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CreditDerivativesFinancialInstitutionsMember_c10dcdaf-c6c3-418b-ad9b-1dbeb87cf982_terseLabel_en-US" xlink:label="lab_itub_CreditDerivativesFinancialInstitutionsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit derivatives</link:label>
    <link:label id="lab_itub_CreditDerivativesFinancialInstitutionsMember_label_en-US" xlink:label="lab_itub_CreditDerivativesFinancialInstitutionsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Derivatives Financial Institutions [Member]</link:label>
    <link:label id="lab_itub_CreditDerivativesFinancialInstitutionsMember_documentation_en-US" xlink:label="lab_itub_CreditDerivativesFinancialInstitutionsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Credit Derivatives Financial Institutions [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CreditDerivativesFinancialInstitutionsMember" xlink:href="itub-20251231.xsd#itub_CreditDerivativesFinancialInstitutionsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CreditDerivativesFinancialInstitutionsMember" xlink:to="lab_itub_CreditDerivativesFinancialInstitutionsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SatisfactoryRiskMember_c9815f0e-f51f-452c-8dbc-17be521d58bc_terseLabel_en-US" xlink:label="lab_itub_SatisfactoryRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Medium</link:label>
    <link:label id="lab_itub_SatisfactoryRiskMember_label_en-US" xlink:label="lab_itub_SatisfactoryRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Satisfactory Risk [Member]</link:label>
    <link:label id="lab_itub_SatisfactoryRiskMember_documentation_en-US" xlink:label="lab_itub_SatisfactoryRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Satisfactory Risk [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SatisfactoryRiskMember" xlink:href="itub-20251231.xsd#itub_SatisfactoryRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SatisfactoryRiskMember" xlink:to="lab_itub_SatisfactoryRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdditionalProvisionsOtherProvisions_2ad25e75-365a-4e5c-ad09-d156e238bbd6_terseLabel_en-US" xlink:label="lab_ifrs-full_AdditionalProvisionsOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Changes in the period reflected in income</link:label>
    <link:label id="lab_ifrs-full_AdditionalProvisionsOtherProvisions_label_en-US" xlink:label="lab_ifrs-full_AdditionalProvisionsOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additional provisions, other provisions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdditionalProvisionsOtherProvisions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdditionalProvisionsOtherProvisions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdditionalProvisionsOtherProvisions" xlink:to="lab_ifrs-full_AdditionalProvisionsOtherProvisions" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_IrpjandcsllMember_f2e1fa28-0276-4566-8056-cc3e0080c94e_terseLabel_en-US" xlink:label="lab_itub_IrpjandcsllMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">IRPJ and CSLL</link:label>
    <link:label id="lab_itub_IrpjandcsllMember_label_en-US" xlink:label="lab_itub_IrpjandcsllMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Irpjandcsll [Member]</link:label>
    <link:label id="lab_itub_IrpjandcsllMember_documentation_en-US" xlink:label="lab_itub_IrpjandcsllMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Irpjandcsll [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_IrpjandcsllMember" xlink:href="itub-20251231.xsd#itub_IrpjandcsllMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_IrpjandcsllMember" xlink:to="lab_itub_IrpjandcsllMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ScheduleOfBreakdownOfDepositsTableTextBlock_30f964dd-e89e-4537-90df-046f2f85b816_terseLabel_en-US" xlink:label="lab_itub_ScheduleOfBreakdownOfDepositsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Breakdown of Deposits</link:label>
    <link:label id="lab_itub_ScheduleOfBreakdownOfDepositsTableTextBlock_label_en-US" xlink:label="lab_itub_ScheduleOfBreakdownOfDepositsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Breakdown Of Deposits [Table Text Block]</link:label>
    <link:label id="lab_itub_ScheduleOfBreakdownOfDepositsTableTextBlock_documentation_en-US" xlink:label="lab_itub_ScheduleOfBreakdownOfDepositsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Breakdown Of Deposits</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ScheduleOfBreakdownOfDepositsTableTextBlock" xlink:href="itub-20251231.xsd#itub_ScheduleOfBreakdownOfDepositsTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ScheduleOfBreakdownOfDepositsTableTextBlock" xlink:to="lab_itub_ScheduleOfBreakdownOfDepositsTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FourPointFourEightPercentageMember_76bc5cdf-062b-44a7-8727-a7f524ef82db_terseLabel_en-US" xlink:label="lab_itub_FourPointFourEightPercentageMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">4.48%</link:label>
    <link:label id="lab_itub_FourPointFourEightPercentageMember_label_en-US" xlink:label="lab_itub_FourPointFourEightPercentageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Four Point Four Eight Percentage [Member]</link:label>
    <link:label id="lab_itub_FourPointFourEightPercentageMember_documentation_en-US" xlink:label="lab_itub_FourPointFourEightPercentageMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Four Point Four Eight Percentage [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FourPointFourEightPercentageMember" xlink:href="itub-20251231.xsd#itub_FourPointFourEightPercentageMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FourPointFourEightPercentageMember" xlink:to="lab_itub_FourPointFourEightPercentageMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DisclosureOfTaxExplanatoryTextBlock_f72b3290-171c-4e33-92a1-f6703eef3726_verboseLabel_en-US" xlink:label="lab_itub_DisclosureOfTaxExplanatoryTextBlock" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Taxes</link:label>
    <link:label id="lab_itub_DisclosureOfTaxExplanatoryTextBlock_label_en-US" xlink:label="lab_itub_DisclosureOfTaxExplanatoryTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Tax Explanatory [Text Block]</link:label>
    <link:label id="lab_itub_DisclosureOfTaxExplanatoryTextBlock_documentation_en-US" xlink:label="lab_itub_DisclosureOfTaxExplanatoryTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure Of Tax Explanatory</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DisclosureOfTaxExplanatoryTextBlock" xlink:href="itub-20251231.xsd#itub_DisclosureOfTaxExplanatoryTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DisclosureOfTaxExplanatoryTextBlock" xlink:to="lab_itub_DisclosureOfTaxExplanatoryTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_MicroSmallAndMediumCompaniesMember_224f0a8d-f507-4e48-9e8b-915b7235d902_terseLabel_en-US" xlink:label="lab_itub_MicroSmallAndMediumCompaniesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Micro / small and medium companies</link:label>
    <link:label id="lab_itub_MicroSmallAndMediumCompaniesMember_label_en-US" xlink:label="lab_itub_MicroSmallAndMediumCompaniesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Micro Small And Medium Companies [Member]</link:label>
    <link:label id="lab_itub_MicroSmallAndMediumCompaniesMember_documentation_en-US" xlink:label="lab_itub_MicroSmallAndMediumCompaniesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Micro Small And Medium Companies [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_MicroSmallAndMediumCompaniesMember" xlink:href="itub-20251231.xsd#itub_MicroSmallAndMediumCompaniesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_MicroSmallAndMediumCompaniesMember" xlink:to="lab_itub_MicroSmallAndMediumCompaniesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DepositsInGuarantee_78a13e1b-0657-441c-bf72-50951fe180f5_terseLabel_en-US" xlink:label="lab_itub_DepositsInGuarantee" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deposits in guarantee</link:label>
    <link:label id="lab_itub_DepositsInGuarantee_label_en-US" xlink:label="lab_itub_DepositsInGuarantee" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deposits In Guarantee</link:label>
    <link:label id="lab_itub_DepositsInGuarantee_documentation_en-US" xlink:label="lab_itub_DepositsInGuarantee" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deposits In Guarantee</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DepositsInGuarantee" xlink:href="itub-20251231.xsd#itub_DepositsInGuarantee"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DepositsInGuarantee" xlink:to="lab_itub_DepositsInGuarantee" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ShareBasedCompensationArrangementBonusArrangementSharesAcquiredLockUpPeriod_019dd2a5-85f4-72c9-b0e2-26d47038a3d7_terseLabel_en-US" xlink:label="lab_itub_ShareBasedCompensationArrangementBonusArrangementSharesAcquiredLockUpPeriod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share lock- up period</link:label>
    <link:label id="lab_itub_ShareBasedCompensationArrangementBonusArrangementSharesAcquiredLockUpPeriod_label_en-US" xlink:label="lab_itub_ShareBasedCompensationArrangementBonusArrangementSharesAcquiredLockUpPeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement, Bonus Arrangement Shares Acquired Lock- Up Period</link:label>
    <link:label id="lab_itub_ShareBasedCompensationArrangementBonusArrangementSharesAcquiredLockUpPeriod_documentation_en-US" xlink:label="lab_itub_ShareBasedCompensationArrangementBonusArrangementSharesAcquiredLockUpPeriod" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement, Bonus Arrangement Shares Acquired Lock- Up Period</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ShareBasedCompensationArrangementBonusArrangementSharesAcquiredLockUpPeriod" xlink:href="itub-20251231.xsd#itub_ShareBasedCompensationArrangementBonusArrangementSharesAcquiredLockUpPeriod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ShareBasedCompensationArrangementBonusArrangementSharesAcquiredLockUpPeriod" xlink:to="lab_itub_ShareBasedCompensationArrangementBonusArrangementSharesAcquiredLockUpPeriod" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_NonInterestExpense1_8f8983d8-e330-4ea1-8a25-a3f1dbc9ef41_negatedLabel_en-US" xlink:label="lab_itub_NonInterestExpense1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Non-interest expenses</link:label>
    <link:label id="lab_itub_NonInterestExpense1_label_en-US" xlink:label="lab_itub_NonInterestExpense1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non Interest Expense1</link:label>
    <link:label id="lab_itub_NonInterestExpense1_documentation_en-US" xlink:label="lab_itub_NonInterestExpense1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Non Interest Expense1</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_NonInterestExpense1" xlink:href="itub-20251231.xsd#itub_NonInterestExpense1"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_NonInterestExpense1" xlink:to="lab_itub_NonInterestExpense1" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_CurrentDividendPayablesWithHoldingtax_019dd23f-1e93-7993-808b-de01b660ed22_negatedTerseLabel_en-US" xlink:label="lab_itub_CurrentDividendPayablesWithHoldingtax" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Accrued (Recorded in Other Liabilities)</link:label>
    <link:label id="lab_itub_CurrentDividendPayablesWithHoldingtax_label_en-US" xlink:label="lab_itub_CurrentDividendPayablesWithHoldingtax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accrued (Recorded in Other Liabilities)</link:label>
    <link:label id="lab_itub_CurrentDividendPayablesWithHoldingtax_documentation_en-US" xlink:label="lab_itub_CurrentDividendPayablesWithHoldingtax" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Accrued (Recorded in Other Liabilities)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_CurrentDividendPayablesWithHoldingtax" xlink:href="itub-20251231.xsd#itub_CurrentDividendPayablesWithHoldingtax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_CurrentDividendPayablesWithHoldingtax" xlink:to="lab_itub_CurrentDividendPayablesWithHoldingtax" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughChangeInDiscountRateOtherProvisions_de8c5060-44b8-4933-a28c-b28a76a285eb_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughChangeInDiscountRateOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in discount rate</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughChangeInDiscountRateOtherProvisions_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughChangeInDiscountRateOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through change in discount rate, other provisions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughChangeInDiscountRateOtherProvisions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughChangeInDiscountRateOtherProvisions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughChangeInDiscountRateOtherProvisions" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughChangeInDiscountRateOtherProvisions" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_ForeignExchangePortfolioMember_ed4be713-d108-4be1-9cb6-7f7ce8dae96f_terseLabel_en-US" xlink:label="lab_itub_ForeignExchangePortfolioMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign exchange portfolio</link:label>
    <link:label id="lab_itub_ForeignExchangePortfolioMember_label_en-US" xlink:label="lab_itub_ForeignExchangePortfolioMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Foreign Exchange Portfolio [Member]</link:label>
    <link:label id="lab_itub_ForeignExchangePortfolioMember_documentation_en-US" xlink:label="lab_itub_ForeignExchangePortfolioMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Foreign Exchange Portfolio [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_ForeignExchangePortfolioMember" xlink:href="itub-20251231.xsd#itub_ForeignExchangePortfolioMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_ForeignExchangePortfolioMember" xlink:to="lab_itub_ForeignExchangePortfolioMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_SharesMember_9db52816-fd90-4aa7-a780-3d215a24dcd5_terseLabel_en-US" xlink:label="lab_itub_SharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shares</link:label>
    <link:label id="lab_itub_SharesMember_label_en-US" xlink:label="lab_itub_SharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Shares [Member]</link:label>
    <link:label id="lab_itub_SharesMember_documentation_en-US" xlink:label="lab_itub_SharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Shares [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_SharesMember" xlink:href="itub-20251231.xsd#itub_SharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_SharesMember" xlink:to="lab_itub_SharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable_26c27f28-2891-4149-a3e3-f997c2c575cc_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of terms and conditions of share-based payment arrangement [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of terms and conditions of share-based payment arrangement [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable" xlink:to="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_DividendsAndInterestPaidToEquityHoldersOfParentClassifiedAsFinancingActivities_37651af6-056c-4205-b3ee-be01c9719d21_negatedLabel_en-US" xlink:label="lab_itub_DividendsAndInterestPaidToEquityHoldersOfParentClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Dividends / interest on capital paid</link:label>
    <link:label id="lab_itub_DividendsAndInterestPaidToEquityHoldersOfParentClassifiedAsFinancingActivities_label_en-US" xlink:label="lab_itub_DividendsAndInterestPaidToEquityHoldersOfParentClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">DividendsAndInterestPaidToEquityHoldersOfParentClassifiedAsFinancingActivities</link:label>
    <link:label id="lab_itub_DividendsAndInterestPaidToEquityHoldersOfParentClassifiedAsFinancingActivities_documentation_en-US" xlink:label="lab_itub_DividendsAndInterestPaidToEquityHoldersOfParentClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">DividendsAndInterestPaidToEquityHoldersOfParentClassifiedAsFinancingActivities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_DividendsAndInterestPaidToEquityHoldersOfParentClassifiedAsFinancingActivities" xlink:href="itub-20251231.xsd#itub_DividendsAndInterestPaidToEquityHoldersOfParentClassifiedAsFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_DividendsAndInterestPaidToEquityHoldersOfParentClassifiedAsFinancingActivities" xlink:to="lab_itub_DividendsAndInterestPaidToEquityHoldersOfParentClassifiedAsFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_WholesaleBankingMember_2585d409-c58c-4dfe-9be1-2c4bf0d61394_terseLabel_en-US" xlink:label="lab_itub_WholesaleBankingMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Wholesale Business</link:label>
    <link:label id="lab_itub_WholesaleBankingMember_label_en-US" xlink:label="lab_itub_WholesaleBankingMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Wholesale Banking [Member]</link:label>
    <link:label id="lab_itub_WholesaleBankingMember_documentation_en-US" xlink:label="lab_itub_WholesaleBankingMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Wholesale Banking [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_WholesaleBankingMember" xlink:href="itub-20251231.xsd#itub_WholesaleBankingMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_WholesaleBankingMember" xlink:to="lab_itub_WholesaleBankingMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_AvenueHoldingCaymanLtdMember_97c32539-e634-4f65-ad4f-c10283b3b508_terseLabel_en-US" xlink:label="lab_itub_AvenueHoldingCaymanLtdMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Avenue Holding Cayman Ltd</link:label>
    <link:label id="lab_itub_AvenueHoldingCaymanLtdMember_label_en-US" xlink:label="lab_itub_AvenueHoldingCaymanLtdMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Avenue Holding Cayman Ltd [Member]</link:label>
    <link:label id="lab_itub_AvenueHoldingCaymanLtdMember_documentation_en-US" xlink:label="lab_itub_AvenueHoldingCaymanLtdMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Avenue Holding Cayman Ltd [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_AvenueHoldingCaymanLtdMember" xlink:href="itub-20251231.xsd#itub_AvenueHoldingCaymanLtdMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_AvenueHoldingCaymanLtdMember" xlink:to="lab_itub_AvenueHoldingCaymanLtdMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_VehiclesMember_14c10b6e-35a9-43fe-afc1-99fe715ae318_terseLabel_en-US" xlink:label="lab_ifrs-full_VehiclesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Vehicles</link:label>
    <link:label id="lab_ifrs-full_VehiclesMember_label_en-US" xlink:label="lab_ifrs-full_VehiclesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Vehicles [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_VehiclesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_VehiclesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_VehiclesMember" xlink:to="lab_ifrs-full_VehiclesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_TransferFromFinancialInstrumentsNotCreditImpairedMember_019d6b05-a9d0-7fe8-83b6-9c434c2d0cc2_terseLabel_en-US" xlink:label="lab_itub_TransferFromFinancialInstrumentsNotCreditImpairedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transfer from Stage 2</link:label>
    <link:label id="lab_itub_TransferFromFinancialInstrumentsNotCreditImpairedMember_label_en-US" xlink:label="lab_itub_TransferFromFinancialInstrumentsNotCreditImpairedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfer From Financial Instruments Not Credit-Impaired [Member]</link:label>
    <link:label id="lab_itub_TransferFromFinancialInstrumentsNotCreditImpairedMember_documentation_en-US" xlink:label="lab_itub_TransferFromFinancialInstrumentsNotCreditImpairedMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Transfer From Financial Instruments Not Credit-Impaired</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_TransferFromFinancialInstrumentsNotCreditImpairedMember" xlink:href="itub-20251231.xsd#itub_TransferFromFinancialInstrumentsNotCreditImpairedMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_TransferFromFinancialInstrumentsNotCreditImpairedMember" xlink:to="lab_itub_TransferFromFinancialInstrumentsNotCreditImpairedMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AtFairValueMember_032f509d-7475-4fb3-80e8-22ff19862b9c_terseLabel_en-US" xlink:label="lab_ifrs-full_AtFairValueMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value</link:label>
    <link:label id="lab_ifrs-full_AtFairValueMember_label_en-US" xlink:label="lab_ifrs-full_AtFairValueMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">At fair value [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AtFairValueMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AtFairValueMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AtFairValueMember" xlink:to="lab_ifrs-full_AtFairValueMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AssetsHeldAsCollateralPermittedToBeSoldOrRepledgedAtFairValue_940b72d0-b471-4cd6-95ff-d5c0788b5930_terseLabel_en-US" xlink:label="lab_ifrs-full_AssetsHeldAsCollateralPermittedToBeSoldOrRepledgedAtFairValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets received as collateral with right to sell or repledge</link:label>
    <link:label id="lab_ifrs-full_AssetsHeldAsCollateralPermittedToBeSoldOrRepledgedAtFairValue_label_en-US" xlink:label="lab_ifrs-full_AssetsHeldAsCollateralPermittedToBeSoldOrRepledgedAtFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Collateral held permitted to be sold or repledged in absence of default by owner of collateral, at fair value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AssetsHeldAsCollateralPermittedToBeSoldOrRepledgedAtFairValue" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AssetsHeldAsCollateralPermittedToBeSoldOrRepledgedAtFairValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AssetsHeldAsCollateralPermittedToBeSoldOrRepledgedAtFairValue" xlink:to="lab_ifrs-full_AssetsHeldAsCollateralPermittedToBeSoldOrRepledgedAtFairValue" xlink:type="arc" order="1"/>
    <link:label id="lab_itub_FinancialAssetAtFairValueThroughOtherComprehensiveIncome_029cfc54-a411-4a86-a8f2-e1ada5df207b_totalLabel_en-US" xlink:label="lab_itub_FinancialAssetAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">At Fair Value through Other Comprehensive Income</link:label>
    <link:label id="lab_itub_FinancialAssetAtFairValueThroughOtherComprehensiveIncome_7ebffd6f-c8a0-4f49-9f96-6693017f5410_netLabel_en-US" xlink:label="lab_itub_FinancialAssetAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">At Fair value through other comprehensive income</link:label>
    <link:label id="lab_itub_FinancialAssetAtFairValueThroughOtherComprehensiveIncome_45fbc003-1820-449d-b85f-e5f935c1633e_terseLabel_en-US" xlink:label="lab_itub_FinancialAssetAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial assets at fair value through other comprehensive income</link:label>
    <link:label id="lab_itub_FinancialAssetAtFairValueThroughOtherComprehensiveIncome_label_en-US" xlink:label="lab_itub_FinancialAssetAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Asset At Fair Value Through Other Comprehensive Income</link:label>
    <link:label id="lab_itub_FinancialAssetAtFairValueThroughOtherComprehensiveIncome_documentation_en-US" xlink:label="lab_itub_FinancialAssetAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial Asset At Fair Value Through Other Comprehensive Income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_itub_FinancialAssetAtFairValueThroughOtherComprehensiveIncome" xlink:href="itub-20251231.xsd#itub_FinancialAssetAtFairValueThroughOtherComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_itub_FinancialAssetAtFairValueThroughOtherComprehensiveIncome" xlink:to="lab_itub_FinancialAssetAtFairValueThroughOtherComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EarningsPerShareExplanatory_3e1859a0-94f7-4112-a7f6-d87731a5ec5d_terseLabel_en-US" xlink:label="lab_ifrs-full_EarningsPerShareExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Earnings Per Share</link:label>
    <link:label id="lab_ifrs-full_EarningsPerShareExplanatory_label_en-US" xlink:label="lab_ifrs-full_EarningsPerShareExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings per share [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EarningsPerShareExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EarningsPerShareExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EarningsPerShareExplanatory" xlink:to="lab_ifrs-full_EarningsPerShareExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ReserveOfRemeasurementsOfDefinedBenefitPlansMember_34a26846-5b07-41fc-b719-fdb86077a4c1_terseLabel_en-US" xlink:label="lab_ifrs-full_ReserveOfRemeasurementsOfDefinedBenefitPlansMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Remeasurements of liabilities of post-employment benefits</link:label>
    <link:label id="lab_ifrs-full_ReserveOfRemeasurementsOfDefinedBenefitPlansMember_label_en-US" xlink:label="lab_ifrs-full_ReserveOfRemeasurementsOfDefinedBenefitPlansMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reserve of remeasurements of defined benefit plans [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReserveOfRemeasurementsOfDefinedBenefitPlansMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ReserveOfRemeasurementsOfDefinedBenefitPlansMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReserveOfRemeasurementsOfDefinedBenefitPlansMember" xlink:to="lab_ifrs-full_ReserveOfRemeasurementsOfDefinedBenefitPlansMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InternalCreditGradesAxis_eb7d8df2-ac5a-45f4-9f3d-1bce08f8ac66_terseLabel_en-US" xlink:label="lab_ifrs-full_InternalCreditGradesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Internal credit grades [axis]</link:label>
    <link:label id="lab_ifrs-full_InternalCreditGradesAxis_label_en-US" xlink:label="lab_ifrs-full_InternalCreditGradesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Internal credit grades [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InternalCreditGradesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InternalCreditGradesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InternalCreditGradesAxis" xlink:to="lab_ifrs-full_InternalCreditGradesAxis" xlink:type="arc" order="1"/>
  </link:labelLink>
</link:linkbase>
