Is ITUB a buy? - Seeking Alpha

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HEADLINES:

Non-Core Asset Sell-Off: How Banks Like Citigroup Are Restructuring Themselves
StockRiters • Wed, May 22 • 3 Comments
Under-Performing Brazilian Stocks Look Attractive Now
David Hunkar • Thu, May 9 • 7 Comments
Itaú Unibanco's CEO Discusses Q1 2013 Results - Earnings Call Transcript
Fri, May 3
Banco Santander Brasil's Improving Performance Presents An Opportunity For Risk-Tolerant Investors
Caiman Valores • Mon, Apr 22 • 16 Comments
10 Brazilian Stocks To Consider
David Hunkar • Tue, Mar 26 • 3 Comments
Brazilian Banks Are Poised To Capitalize On Economic Expansion
Morningstar • Wed, Mar 20 • 1 Comment
Itau Unibanco's CEO Discusses Q4 2012 Results - Earnings Call Transcript
Wed, Feb 6
IPO Boom And Growth In Brazil Could Send Stocks Higher
Efficient Alpha • Mon, Jan 14 • 1 Comment
Brazil Stock Market: Finding Yield Worldwide
Lipa Roitman • Tue, Nov 27, 2012 • 9 Comments
Seeking Contrarian Value In Brazil: Itau Unibanco Shows Potential Despite Rising Risk In Brazil
Caiman Valores • Sat, Nov 3, 2012 • 23 Comments
Seeking Contrarian Value In Brazil: Does Banco Bradesco Represent Value?
Caiman Valores • Tue, Oct 30, 2012 • 13 Comments
Brazilian Bank Sector: Hope For The Road Ahead
Emerging Money • Thu, Oct 25, 2012 • 2 Comments
Itaú's Management Discusses Q3 2012 Results - Earnings Call Transcript
Wed, Oct 24, 2012
Itaú Unibanco Sees Brazilian Economy Rebounding
Emerging Money • Wed, Sep 5, 2012
The 9 Best Dividends On August 31, 2012
Dividend Screen • Thu, Aug 30, 2012 • 1 Comment
Banco Santander Brasil: Declining Asset Quality And Growing Headwinds Hamper Profitability
Caiman Valores • Thu, Aug 23, 2012 • 46 Comments
Itau Unibanco Holding S.A.'s CEO Discusses Q2 2012 Results - Earnings Call Transcript
Wed, Jul 25, 2012
5 Stocks Going Ex-Dividend The First Week of August 2012
Stockerblog • Wed, Jul 25, 2012
8 Rate Cuts Are Enough In Brazil
Stone Fox Capital • Mon, Jul 16, 2012 • 2 Comments
7 Financial Stocks Trading At A Discount Despite Analyst Favor
ZetaKap • Sun, Jul 8, 2012

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Seeking Contrarian Value In Brazil: Itau Unibanco Shows Potential Despite Rising Risk In Brazil
Caiman Valores • Sat, Nov 3, 2012 • 23 Comments
Banking Giant Itau Sets Its Sights on Brazil's Redecard
Emerging Money • Fri, Jun 29, 2012 • 2 Comments
Brazil's Itau Unibanco Looks To Grow As European Banks Scale Back
Emerging Money • Tue, Dec 27, 2011
Itau Unibanco: A Strong Brazilian Bank
Cabot • Mon, Dec 7, 2009 • 2 Comments
Banking on Brazil: Redecard Jumps, Parent Itau Unibanco Should Profit
Paul Harper • Mon, Oct 26, 2009 • 1 Comment
Options Activity Backs Brazil's Itau Unibanco
optionMONSTER • Mon, Sep 21, 2009

Non-Core Asset Sell-Off: How Banks Like Citigroup Are Restructuring Themselves
StockRiters • Wed, May 22 • 3 Comments
Under-Performing Brazilian Stocks Look Attractive Now
David Hunkar • Thu, May 9 • 7 Comments
Banco Santander Brasil's Improving Performance Presents An Opportunity For Risk-Tolerant Investors
Caiman Valores • Mon, Apr 22 • 16 Comments
10 Brazilian Stocks To Consider
David Hunkar • Tue, Mar 26 • 3 Comments
Brazilian Banks Are Poised To Capitalize On Economic Expansion
Morningstar • Wed, Mar 20 • 1 Comment
IPO Boom And Growth In Brazil Could Send Stocks Higher
Efficient Alpha • Mon, Jan 14 • 1 Comment
Brazil Stock Market: Finding Yield Worldwide
Lipa Roitman • Tue, Nov 27, 2012 • 9 Comments
Seeking Contrarian Value In Brazil: Does Banco Bradesco Represent Value?
Caiman Valores • Tue, Oct 30, 2012 • 13 Comments
Brazilian Bank Sector: Hope For The Road Ahead
Emerging Money • Thu, Oct 25, 2012 • 2 Comments
Itaú Unibanco Sees Brazilian Economy Rebounding
Emerging Money • Wed, Sep 5, 2012
The 9 Best Dividends On August 31, 2012
Dividend Screen • Thu, Aug 30, 2012 • 1 Comment
Banco Santander Brasil: Declining Asset Quality And Growing Headwinds Hamper Profitability
Caiman Valores • Thu, Aug 23, 2012 • 46 Comments
5 Stocks Going Ex-Dividend The First Week of August 2012
Stockerblog • Wed, Jul 25, 2012
8 Rate Cuts Are Enough In Brazil
Stone Fox Capital • Mon, Jul 16, 2012 • 2 Comments
7 Financial Stocks Trading At A Discount Despite Analyst Favor
ZetaKap • Sun, Jul 8, 2012
Income Through Emerging Market Debt
Portfolio Management 101 • Wed, Jun 27, 2012 • 4 Comments
$1,000,000 Life Or Death Challenge: Mostly Death
Joe Springer • Wed, Jun 27, 2012 • 12 Comments
Brazil's Banks: Are They A Healthy Bet For Investors?
Caiman Valores • Wed, Jun 20, 2012 • 12 Comments
How To Play Brazil In 2012
Emerging Money • Sun, Jun 10, 2012 • 11 Comments
Reasons To Invest In Chile's Financial Sector
David Hunkar • Mon, May 21, 2012 • 1 Comment

Itaú Unibanco's CEO Discusses Q1 2013 Results - Earnings Call Transcript
Fri, May 3
Itau Unibanco's CEO Discusses Q4 2012 Results - Earnings Call Transcript
Wed, Feb 6
Itaú's Management Discusses Q3 2012 Results - Earnings Call Transcript
Wed, Oct 24, 2012
Itau Unibanco Holding S.A.'s CEO Discusses Q2 2012 Results - Earnings Call Transcript
Wed, Jul 25, 2012
Itau Unibanco's CEO Discusses Redecard's Public Tender Offer (Transcript)
Mon, May 7, 2012
Itaú Unibanco Management Discusses Q3 2010 Results - Earnings Call Transcript
Fri, Nov 5, 2010
Itaú Unibanco Holding S.A Q2 2010 Earnings Call Transcript
Fri, Aug 6, 2010
Itau Unibanco Banco Multiplo SA ADR Q1 2010 Earnings Call Transcript
Wed, May 5, 2010
Itau Unibanco Banco Multiplo SA ADR Q4 2009 Earnings Call Transcript
Wed, Feb 10, 2010

Financial Sector Wrap

at Fox Business (Aug 29, 2012)
Latin American Markets: Brazil stocks lower ahead of expected rate cut

at MarketWatch.com (Jul 11, 2012)
Latin American Markets: Brazil stocks fall; Mexico logs fifth straight win

at MarketWatch.com (Jun 28, 2012)
Latin American Markets: Growth worries keep Brazil stock gains in check

at MarketWatch.com (Jun 4, 2012)
Latin American Markets: Brazil stocks turn higher, but slide for May

at MarketWatch.com (May 31, 2012)
Latin American Markets: Brazilian stocks step back from rally

at MarketWatch.com (May 22, 2012)
Latin American Markets: Brazilian stocks surge, currency extends loss

at MarketWatch.com (May 21, 2012)
Emerging Markets Report: Itau BBA profile rises ahead of Facebook IPO

at MarketWatch.com (May 17, 2012)
Michael Molinski's Emerging Latin America: The best Latin American mutual funds and ETFs

at MarketWatch.com (May 2, 2012)
Latin American Markets: Brazil stocks fall on growth, inflation concerns

at MarketWatch.com (Mar 29, 2012)
Latin American Markets: Mexican shares fall, Brazilian stocks turn lower

at MarketWatch.com (Mar 14, 2012)
Latin American Markets: Brazil stocks suffer weekly loss on growth fears

at MarketWatch.com (Mar 9, 2012)
Latin American Markets: Brazilian stocks rise after deep interest-rate cut

at MarketWatch.com (Mar 8, 2012)
Latin American Markets: Brazilian stocks higher ahead of rate decision

at MarketWatch.com (Mar 7, 2012)
Michael Molinski's Emerging Latin America: Eight tips for investing in Latin America

at MarketWatch.com (Mar 7, 2012)
Michael Molinski's Emerging Latin America: Banking is back in Latin America

at MarketWatch.com (Feb 27, 2012)
Bullish on Emerging Markets, For Now: Analyst

at CNBC.com (Feb 21, 2012)
How to Ride Brazil's 2012 Rally

at CNBC.com (Feb 21, 2012)
Emerging Markets Report: Rio’s Carnival: Not just a local party anymore

at MarketWatch.com (Feb 13, 2012)
Latin American Markets: Brazil stocks slip as Greece uncertainty lingers

at MarketWatch.com (Feb 8, 2012)

ITUB vs. ETF Alternatives

Company Description

Currently, there's no company description for ITUB.

Sector: Financial

Industry: Foreign Money Center Banks

Country: Brazil

All
| Earnings
| Dividends
| M&A
| On the move

Wednesday, May 15, 7:21 AM Citigroup (C) agrees to sell its Brazilian credit card and consumer finance business to Itau Unibanco (ITUB) for $1.37B, subject to regulatory approval. The transaction is expected to generate an after-tax gain-on-sale of about $300M ($0.10/share). Comment! [Financials]
Monday, May 6, 9:09 AM Bacon Bradesco (BBD) drops out of the bidding for Citigroup's (C) Brazilian consumer finance unit, according to a local newspaper, after getting no reply on its $1.49B offer. With Banco Santander (SAN) not yet indicating any interest, it could leave just Itau Unibanco (ITUB) as the lone potential buyer. 2 Comments [Financials]
Thursday, April 25, 9:06 AM Citigroup (C) continues its exit from non-core markets, nearing a deal to sell its Uruguay retail operations to Brazil's Itau Unibanco (ITUB), according to a Uruguay newspaper. A purchase would turn Itau into Uruguay's 2nd largest bank after Santander. Comment! [Financials]
Thursday, March 7, 1:28 PM Along with a big move higher in Petrobas the past couple days have been sizable gains for Itau Unibanco (ITUB) and Vale. These stocks more or less dominate the Bovespa and the EWZ, and both are surging alongside. EWZ up another 2.2% today, -14% Y/Y. Comment! [Global & FX]
Monday, November 5, 2012, 2:52 PM Performance in Brazil is a negative in an otherwise positive earnings report from HSBC as the bank - specifically citing Brazil - said loan impairment charges in Latin America in Q3 jumped 25%. The country's banking sector has lost 10% of its value this year thanks to slowing growth no longer being able to mask a rise in non-performing loans. Comment! [Financials, Global & FX]
Friday, August 31, 2012, 2:48 PM Fans of Brazil's Banco Bradesco (BBD) can take comfort or run for the hills as 18 out of 24 analysts surveyed have a buy rating on the lender, the highest for any stock on the Bovespa. Most are banking on a re-acceleration of the struggling economy as 500 basis points of central bank rate cuts work their way through. Similarly valued and rated is the country's largest lender, Itau Unibanco (ITUB). 1 Comment [Financials]
Friday, April 27, 2012, 3:24 PM Brazil's Bovespa continues to drop, -0.8% today as VALE, already stung by diving earnings, has its $5.9B potash project in Argentina threatened by Kirchner's shenanigans. Brazil's banks are also booking losses as the country enters the "not fun" part of a consumer credit boom. On the plus side, the central bank is aggressively cutting rates. The divergence between Brazil and the S&P. 2 Comments [Global & FX, On the Move, Quick Ideas]
Wednesday, April 25, 2012, 6:12 PM Not joining in the worldwide rally today was Brazil (EWZ -0.8%), dragged down by a plunge in Itau Unibanco (ITUB -5.7%). Rising defaults forced the lender to raise provisions for bad loans by 38% as the country faces the downside of a consumer credit boom. Keep an eye on tomorrow's earnings from Banco Santander's (STD) - from Spain (with its own issues), but with large Brazilian operations. Comment! [Global & FX, Financials]
Tuesday, February 7, 2012, 8:23 AM Brazilian bank Itau Unibanco (ITUB) intends to pay up to 11.77B reais ($6.81B) to buy the almost 50% of card payment processor Redecard it doesn't already own. Comment! [M&A, Financials]
Friday, December 30, 2011, 7:42 AM Brazil's surging economy of the past few years owes a least a bit to its citizen's appetite for debt (and bank willingness to issue it), making bill collecting the latest boom industry there. The volume of credit has doubled to 50% of GDP in less than a decade, with 5.6% of the $1.1T total more than 90 days past due. Some Brazilian banks YTD: BBD -19%, BSBR -41%, ITUB -24%. 1 Comment [Global & FX]
Friday, December 23, 2011, 8:31 AM Brazil dips its toe into the QE business, de facto requiring large lenders use part of their reserves deposited with the central bank to purchase loan portfolios from smaller institutions. If the big banks don't participate, they won't receive interest on a portion of their deposits with the central bank, no small inducement when the rate is 11%. Comment! [Global & FX, Financials]
Tuesday, December 20, 2011, 9:05 AM Premarket gainers: CSIQ +27%. PGNX +26%. AIS +17%. SLXP +11%. S +7%. CLWR +7%. JEF +6%. ALU +6%. NOK +5%. DB +5%. RIO +5%. MT +4%. STD +4%. BBVA +4%. STM +4%. VHC +4%. GSS +4%. ANR +4%. MS +4%. ERIC +4%. BHP +3%. ZMH +3%. VALE +3%. ITUB +3%. SNE +3%. C +3%. VE +3%. X +3%. MU +3%. HAL +3%. SI +3%.
Losers: TRGT -22%. RHT -8%. GFA -4%. Comment! [On the Move]
Thursday, November 10, 2011, 9:00 AM Premarket gainers: FRO +16%. XIN +12%. FTK +9%. CSCO +7%. NBG +7%. ING +7%. CX +6%. DB +5%. BCS +5%. SI +4%. PCX +4%. MS +4%. CS +4%. S +3%. STD +3%. LYG +3%. ANR +3%. C +3%. MU +3%. NVDA +3%. S +3%. BHP +3%. VALE +3%. NOK +3%. ARMH +3%. BAC +3%. UBS +3%. FTE +3%. PBR +3%. TOT +3%. ITUB +3%. UBS +3%. TEF +3%. TS +3%. RF +3%. HAL +3%. DANG +3%. X +3%. AKS +3%. CHK +3%.
Losers: GMCR -30%. KLIC -7%. Comment! [On the Move]
Wednesday, November 9, 2011, 4:34 PM S&P weighs in on the Brazilian banking sector, saying on "industry risk" alone, the banks are no riskier than German or U.K. lenders and perhaps safer than those in the U.S. Bank safety, however, is brought down when country-related factors are thrown in. Financial ETF: BRAF -21% YTD. Largest bank: ITUB -26% YTD. Comment! [Global & FX, Financials]
Monday, November 7, 2011, 10:37 AM Among the winners thus far today are Brazilian shares (EWZ +1%). Taking note of the woes of Brazil's stocks this year (Bovespa -20%), Barron's points out the still-solid growth of the economy as well as a central bank firmly in easing mode with a lot of room between policy rates (11.5%) and zero. Comment! [Global & FX, Quick Ideas]
Thursday, August 11, 2011, 9:25 AM Premarket gainers: AONE +20%. CSCO +12%. EAT +11%. NWS +8%. AKS +5%. CLWR +5%. MPEL +5%. KSS +5%. NVDA +5%. BX +4%. BAC +4%. ALU +4%. ETFC +4%. DRYS +4%. PBR +4%. CAJ +4%. ARMH +4%. SID +4%. ASX +4%. RF +4%. VALE +3%. MGM +4%. LYG +3%. MOS +3%. CREE +3%. ASML +3%. BRFS +3%. GS +3%. SINA +3%. BHP +3%. ITUB +3%. POT +3%. ERIC +3%.
Losers: SODA -10%. SLE -8%. AMSC -7%. ALLY -5%. NVS -4%. LOGI -4%. CRH -3%. Comment! [On the Move]

Dhierin Bechai
These stocks will face SMA cross: $ATI, $ALTR, $AMZN, $AVGO, $CBG, $CVE, $CHK, $COV, $EMC, $ITUB, $JDSU, $MXIM, $PSX, $QCOM, $X, $USB, $WIN
Fri, 12:02 PM
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Dividend Sheet
$CSP $WCN $MS and $ITUB are the only stocks going ex-dividend tomorrow + http://stks.co/q1Ih + CSP is the best yielding one
Jan 31, 4:21 AM
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Dividend Sheet
The Biggest Ex-Dividend Stocks On October 01, 2012 + http://stks.co/cBDM + $CLI $KIM $TD $RTN $FLIC $CVBF $INGER $CMCSA $ITUB $ABV
9/28/12
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Dr. Kris
Brazil big-caps gapping down: financials GGAL, BBD, ITUB off 5-6%, steel co SID -8%. 9/14 topping tails presaged the fall.
9/25/12
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bigdividendsonly: Brazil Central Bank leads world on easing.Fighting the Fed more than anyone else Currency war hurting them,but,in time BRICs will win it all
9/25/12
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Seraphim Blentzas
FULL list of 20 Largest Banks in the world incl financials deposits 1h12 1h11 $ HBC JPM C TD BCDRF.PK DB ITUB http://bit.ly/NHJp1c
9/3/12
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pokalolo: Be great for us to have a list of the smallest banks with profits.There going to be targets as only way big guys can grow now is gobble them
9/3/12
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Seraphim Blentzas: that's not easy because many of the smaller banks are partly owned by bigger companies that don't release data on subsidiaries.
9/24/12
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ZetaKap
7 Financial Stocks Trading At A Discount Despite Analyst Favor http://bit.ly/PAwIFK $AFSI $AMP $AXS $ECPG $GTS $ITUB $RE @ZetaKap
7/8/12
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Michael Bryant
Be careful. Technicals say Itau Unibanco Holding S.A. (ITUB) could fall further. http://yhoo.it/JvPL0q;c=
5/27/12
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Tony Kau
$ITUB coming up on the top buys list http://tinyurl.com/7bq6vds
4/17/12
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Tony Kau
EOD TrendExhaustion Buys: $ITUB $PWE $GMCR looking exhausted, ready to rebound! http://bit.ly/HbSeYM
4/10/12
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Michael Bryant
"Time to buy into China and Brazil?" I'm all for Brazil. China - maybe. Still don't like buying banks like ITUB. http://on-msn.com/vpTNh9
11/18/11
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Ocean Man: DE is building a big new production facility in Brazil to profit from ag and infrastruc expansion and Olympic construction - smart.
11/19/11
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LATEST REPLIES

Dr. Kris
Brazil big-caps gapping down: financials GGAL, BBD, ITUB off 5-6%, steel co SID -8%. 9/14 topping tails presaged the fall.
9/25/12
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bigdividendsonly: Brazil Central Bank leads world on easing.Fighting the Fed more than anyone else Currency war hurting them,but,in time BRICs will win it all
9/25/12
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Seraphim Blentzas
FULL list of 20 Largest Banks in the world incl financials deposits 1h12 1h11 $ HBC JPM C TD BCDRF.PK DB ITUB http://bit.ly/NHJp1c
9/3/12
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pokalolo: Be great for us to have a list of the smallest banks with profits.There going to be targets as only way big guys can grow now is gobble them
9/3/12
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Seraphim Blentzas: that's not easy because many of the smaller banks are partly owned by bigger companies that don't release data on subsidiaries.
9/24/12
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Michael Bryant
"Time to buy into China and Brazil?" I'm all for Brazil. China - maybe. Still don't like buying banks like ITUB. http://on-msn.com/vpTNh9
11/18/11
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Ocean Man: DE is building a big new production facility in Brazil to profit from ag and infrastruc expansion and Olympic construction - smart.
11/19/11
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Michael Bryant
Newsletter from Hillary Cramer to buy Vale (VALE), Itau Unibanco (ITUB), and Embraer (ERJ). Barrons said the same thing, too.
11/7/11
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Brandon Gibbs: hey golf it.. i like that brazilian 10 yr bond idea... can you explain that one a little more, or point me to an article about it?
11/7/11
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golfitobob: BG,have condo in San Paulo& go often.My wife is a L/A lawyer &no stocks ! We have accounts in Brazil shes smart & bought.Article?Just $s.
11/8/11
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ITUB Itau Unibanco Holding S.A.

ITUB

Itau Unibanco Holding S.A.