Itau Unibanco Holding S.A 6-K, filed Aug 9, 2022
Itau Unibanco Holding S.A. (ITUB)
About this 6-K
Itau Unibanco Holding S.A filed this 6-K on August 9, 2022.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of August, 2022
Commission File Number: 001-15276
Itaú Unibanco Holding S.A.
(Exact name of registrant as specified in its charter)
Itaú Unibanco Holding S.A.
(Translation of Registrant’s Name into English)
Praça Alfredo Egydio de Souza Aranha, 100-Torre Conceicao
CEP 04344-902 São Paulo, SP, Brazil
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Yes ☐ No ☒
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Yes ☐ No ☒
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ☐ No ☒
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82–
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: August 9, 2022.
| Itaú Unibanco Holding S.A. | ||||
| By: | /s/ Renato Lulia Jacob | |||
| Name: | Renato Lulia Jacob | |||
| Title: | Group Head of Investor Relations and Market Intelligence | |||
| By: | /s/ Alexsandro Broedel | |||
| Name: | Alexsandro Broedel | |||
| Title: | Chief Financial Officer | |||
1
Exhibit 99.1
ITAÚ UNIBANCO HOLDING S.A. CNPJ 60.872.504/0001-23 A Publicly Listed Company NIRE 35300010230 MATERIAL FACT Itaú Unibanco Holding S.A. (“Company” or “Itaú Unibanco”), in compliance with Article 157, Paragraph 4 of Law 6,404/76 and Resolution no. 44/21 of the Brazilian Securities and Exchange Commission, informs its stockholders and the market in general that as of this date it has revised its projections for the year 2022 in accordance with the provision in item 11 (“Projections”) of the Reference Form. (1) Includes units abroad ex-Latin America; (2) Includes financial guarantees provided and corporate securities; (3) Composed of result from loan losses, impairment and discounts granted; (4) commissions and fees (+) income from insurance, pension plan and premium bonds operations (-) expenses for claims (-) insurance, pension plan and premium bonds selling expenses. It’s worth mentioning that the company considers, for management purposes, a cost of capital of around 14.5% per year. Information on outlooks for the business, projections and operational and financial goals are solely forecasts, based on management’s current outlook in relation to the future of Itaú Unibanco. These expectations are highly dependent on market conditions, general economic performance of the country, of the sector and the international markets. Therefore, our effective results and performance may differ from those forecasted in this prospective information. São Paulo, August 8, 2022 Renato Lulia Jacob Group Head of Investor Relations and Marketing Intelligence Consolidated Brazil1 previous reviewed previous reviewed total credit protfilio2 growing between 9.0% to 12.0% growing between 15.5% to 17.5% growing between 11.5% to 14.5% growing between 19.0% to 21.0% financial margin with clients growing between 20.5% to 23.5% growing between 25.0% to 27.0% growing between 22.0% to 25.0% growing between 26.5% to 28.5% financial margin with the market range from R$1.0 bn to R$3.0 bn maintained range from R$0.3 bn to R$2.3 bn maintained the hedge of the capital ratio with an impact of approximately R$2 billion cost of credit3 range from R$25.0 bn to R$29.0 bn range from R$28.0 bn to R$31.0 bn range from R$23.0 bn to R$27.0 bn range form R$26.0 bn to R$29.0 bn commissions and fees and results from insurance operations4 growing between 3.5% to 6.5% growing between 7.0% to 9.0% growing between 4.0% to 7.0% growing between 7.5% to 9.5% considers the adjusted 2021 result excluding participation in XP Inc. non-interest expenses range from 3.0% to 7.0% maintained range from 3.0% to 7.0% maintained efficiency ratio in Brazil below 40% in 4Q22. Core nominally stable in 2022 effective tax rate rate between 30.0% to 33.0% maintained rate between 31.0% to 34.0% maintained recurring managerial ROE sustainable ROE around 20% capital tier capital above risk appetite