Itaú adds R$12.6 billion in recurring profit in 3Q26 as the earnings week gains strength
According to Money Times, the bank has an ROE of 23.6%, but default rates are beginning to show initial signs of tightening, at a time when BB Seguridade and WEG are also in evidence.
BY THE X-TRADER NEWS NEWSROOM · REPORTING FROM MONEY TIMES · 3 MIN
In the third quarter of 2026, Itaú (ITUB4) recorded R$12.6 billion in recurring profit, a result that left the bank in the spotlight on a day of balance sheets and news from abroad, according to Money Times. For the investor, what matters less is the amount and more the quality of that profit.
In comparison with the same quarter in 2025, profit grew 6.7%, and compared to the previous quarter the expansion was 2.5%, according to Money Times. ROE, the return on equity, reached 23.6%, an indicator that shows how much profit the bank produces for each real of equity capital.
The main warning is in credit. According to the Money Times, defaults are beginning to show initial signs of tightening, a theme that investors tend to watch carefully in bank balance sheets. Bradesco (BBDC4), which presented its numbers at the end of October according to InfoMoney, works as a comparison parameter for the sector.
In the insurance segment, the focus is on BB Seguridade (BBSE3), mentioned by InfoMoney among the highlights of the agenda. However, the sources do not agree on the date: InfoMoney's calendar points to Tuesday, 3/11, while Money Times and InfoMoney's own radar place the balance sheets of Itaú and BB Seguridade on Wednesday, 4/11. Before making any decision, the reader needs to check the official release calendar.
Still on the same date, Money Times reports that WEG (WEGE3) acquired land in India. InfoMoney brings, for 4/11, the publication of the results of Marcopolo (POMO4), RD Saúde (RADL3) and C&A (CEAB3), in addition to Axia Energia (AXIA3), Vibra (VBBR4), PRIO (PRIO3), Minerva (BEEF3) and Riachuelo (RIAA3). Outside the balance sheet agenda, Alupar (ALUP11) won a project in Chile with an estimated investment of US$85 million, while Aeris (AERI3) filed a request for extrajudicial recovery.
In the field of mergers, Yduqs (YDUQ3) is advancing in agreement with Afya and called a meeting for the 25th, without the source informing the month. According to InfoMoney, the week of November 2nd to 6th focuses on technology, vehicle rental, pulp and paper, sanitation, energy, retail and banking.
What changes for the investor
With so many results concentrated in a few days, reading tends to be fragmented, and it is worth separating growth from quality. In the case of Itaú, the increase in profit and profitability of 23.6% are positive points, but default rates are already beginning to show initial signs of tightening, something that requires attention in the coming quarters, because it is precisely in credit that profitability is usually tested. For other companies, the effect will depend on the content of the balance sheets and the team's explanations, information that this report does not provide. This text does not contain buy or sell recommendations or price projections.
Automatically translated from Portuguese.
