Itaú reports R$12.6 billion in profit in 3Q26 and grows 6.7% year on year

According to Money Times, Itaú Unibanco (ITUB4) recorded, between July and September 2026, a recurring net result of R$12.6 billion. The bank advanced compared to the same period of the previous year, but the pace compared to the immediately previous quarter was much more modest.

According to Money Times, the gain was 2.5% over the second quarter of 2026, and the increase compared to a year before reached 6.7%. InfoMoney says that the results came out after Tuesday's trading session (3) and indicates the same number, R$12.6 billion, as a recurring management result.

The classification of the result, however, depends on the reference used. Money Times mentions Bloomberg's estimate, with an average of R$12.714 billion, and says that the number was slightly below this forecast. InfoMoney, based on the median of analysts consulted by Reuters, of R$12.6 billion, classifies the result as in line with expectations.

In the same reading of the sector, Money Times also mentions two competitors, Bradesco (BBDC4) and Santander (SANB11), with results that bring attention to investors. The available facts do not detail what these points were.

What changes for the investor

For those who follow banks on the stock market, the divergence between sources matters as much as the number itself, because the comparison with the consensus usually guides the reading of a balance sheet. If the reference is the Reuters median, Itaú appears in line with the estimates; if it is the Bloomberg consensus, it appears a little lower. The warnings about Santander and Bradesco reinforce the importance of observing the sector as a whole, and not just the performance of one bank. The table described is informative and does not indicate direction for the papers.

Automatically translated from Portuguese.