Itaú Unibanco cites loan growth as driver of Q3 2026 client financial margin gains
ITUB•Itaú Unibanco reported recurring managerial profit of BRL 12.6 billion in Q3 2026, up 1.7% quarter over quarter. Client financial margin rose 2.2%, while market financial margin increased 42.3%.
1. Quarterly results
Itaú Unibanco reported recurring managerial profit of BRL 12.6 billion in the third quarter of 2026, up 1.7% from the prior quarter. Client financial margin rose 2.2%, driven by higher average lending balances, working capital and more business days; market financial margin increased 42.3%, mainly reflecting stronger trading desk results.
2. Costs and expenses
Credit costs rose 2.7% alongside retail lending growth in Brazil, while the credit-cost ratio remained stable at 2.7%. Non-interest expenses increased 2.4%, mainly reflecting a 4.6% salary adjustment effective September 2026 and higher labor-claim expenses.
