Segment Information (Tables)

12 Months Ended

Dec. 31, 2023

Segment Information

Schedule of operating segments

		01/01 to 12/31/2023
		Retail    Business	Wholesale Business	Activities with the Market +  Corporation	ITAÚ UNIBANCO	Adjustments	IFRS consolidated (1)
Operating revenues		96,595	54,631	5,572	156,798	(1,827)	154,971
Interest margin		59,099	39,980	5,019	104,098	(6,386)	97,712
Commissions and Banking Fees		28,016	14,274	309	42,599	3,132	45,731
Income from insurance and private pension operations before  claim and selling expenses		9,480	377	244	10,101	(3,488)	6,613
Other revenues		-	-	-	-	4,915	4,915
Cost of Credit		(32,139)	(4,803)	-	(36,942)	6,497	(30,445)
Claims		(1,487)	(22)	-	(1,509)	1,509	-
Operating margin		62,969	49,806	5,572	118,347	6,179	124,526
Other operating  income / (expenses)		(45,560)	(20,373)	(1,864)	(67,797)	(17,029)	(84,826)
Non-interest expenses		(39,085)	(17,722)	(1,360)	(58,167)	(17,592)	(75,759)
Tax expenses for  ISS, PIS and COFINS and Other		(6,475)	(2,651)	(504)	(9,630)	(357)	(9,987)
Share of profit or (loss) in associates and joint ventures		-	-	-	-	920	920
Income before income tax and social contribution		17,409	29,433	3,708	50,550	(10,850)	39,700
Income tax and social contribution		(4,232)	(9,022)	(935)	(14,189)	8,366	(5,823)
Non-controlling interests		(78)	(655)	(10)	(743)	(29)	(772)
Net income		13,099	19,756	2,763	35,618	(2,513)	33,105
12/31/2023	Total assets (*) -	1,677,189	1,228,153	195,290	2,696,522	(153,422)	2,543,100
	Total liabilities -	1,610,852	1,150,141	150,705	2,507,587	(163,537)	2,344,050
(*)  Includes:
Investments in associates and joint ventures		2,156	-	5,946	8,102	1,191	9,293
Fixed assets, net		7,333	1,690	-	9,023	112	9,135
Goodwill and Intangible assets, net		9,419	8,338	-	17,757	5,607	23,364

1)   The IFRS Consolidated figures do not represent the sum of the parties because there are intercompany transactions that were eliminated only in the consolidated statements. Segments are assessed by top management, net of income and expenses between related parties.

Interest margin includes interest and similar income and expenses of R$ 64,135 (R$ 72,418 from 01/01 to 12/31/2022), result of financial assets and liabilities at fair value through profit or loss of R$ 29,145 (R$ 13,325 from 01/01 to 12/31/2022) and foreign exchange results and exchange variations in foreign transactions of R$ 4,432 (R$ 1,280 from 01/01 to 12/31/2022). 

Non-interest expenses refer to general and administrative expenses, including depreciation and amortization expenses of R$ (6,529) (R$ (5,750) from 01/01 to 12/31/2022). 

		01/01 to 12/31/2022
		Retail Business	Wholesale Business	Activities with the Market +  Corporation	ITAÚ UNIBANCO	Adjustments	IFRS consolidated (1)
Operating revenues		90,509	49,229	2,983	142,721	(442)	142,279
Interest margin		54,881	34,701	2,979	92,561	(5,538)	87,023
Commissions and  Banking Fees		26,787	14,143	177	41,107	3,459	44,566
Income from insurance and private pension operations before  claim and selling expenses		8,841	385	(173)	9,053	(3,646)	5,407
Other revenues		-	-	-	-	5,283	5,283
Cost of Credit		(29,908)	(2,392)	-	(32,300)	4,563	(27,737)
Claims		(1,538)	(11)	-	(1,549)	1,549	-
Operating margin		59,063	46,826	2,983	108,872	5,670	114,542
Other operating  income / (expenses)		(43,512)	(19,482)	(374)	(63,368)	(14,480)	(77,848)
Non-interest expenses		(37,302)	(17,019)	(312)	(54,633)	(14,297)	(68,930)
Tax expenses for ISS, PIS and COFINS and Other		(6,210)	(2,463)	(62)	(8,735)	(855)	(9,590)
Share of profit or (loss) in associates and joint ventures		-	-	-	-	672	672
Income before income tax  and social contribution		15,551	27,344	2,609	45,504	(8,810)	36,694
Income tax and social contribution		(4,594)	(9,076)	(14)	(13,684)	7,232	(6,452)
Non-controlling interests		45	(825)	(254)	(1,034)	(1)	(1,035)
Net income		11,002	17,443	2,341	30,786	(1,579)	29,207
12/31/2022	Total assets (*) -	1,524,983	1,175,209	171,983	2,469,958	(148,892)	2,321,066
	Total liabilities -	1,455,227	1,102,834	144,379	2,300,224	(156,265)	2,143,959
(*) Includes:
Investments in associates and joint ventures		2,114	-	4,798	6,912	531	7,443
Fixed assets, net		5,781	1,282	-	7,063	704	7,767
Goodwill and Intangible assets, net		8,660	9,062	-	17,722	5,392	23,114

1)   The IFRS Consolidated figures do not represent the sum of the parties because there are intercompany transactions that were eliminated only in the consolidated statements. Segments are assessed by top management, net of income and expenses between related parties.

		01/01 to 12/31/2021
		Retail    Business	Wholesale Business	Activities with the Market +  Corporation	ITAÚ UNIBANCO	Adjustments	IFRS consolidated (1)
Operating revenues		75,443	38,228	11,930	125,601	773	126,374
Interest margin		43,042	24,005	11,099	78,146	(2,937)	75,209
Commissions and Banking Fees		25,169	13,817	884	39,870	2,454	42,324
Income from insurance and private pension operations before  claim and selling expenses		7,232	406	(53)	7,585	(2,231)	5,354
Other revenues		-	-	-	-	3,487	3,487
Cost of Credit		(18,278)	(1,956)	-	(20,234)	7,455	(12,779)
Claims		(1,591)	(9)	-	(1,600)	-	(1,600)
Operating margin		55,574	36,263	11,930	103,767	8,228	111,995
Other operating  income / (expenses)		(40,116)	(17,743)	(1,055)	(58,914)	(10,850)	(69,764)
Non-interest expenses		(35,031)	(15,699)	(478)	(51,208)	(11,341)	(62,549)
Tax expenses for  ISS, PIS and COFINS and Other		(5,085)	(2,044)	(577)	(7,706)	(673)	(8,379)
Share of profit or (loss) in associates and joint ventures		-	-	-	-	1,164	1,164
Income before income tax and social contribution		15,458	18,520	10,875	44,853	(2,622)	42,231
Income tax and social contribution		(5,593)	(6,799)	(3,997)	(16,389)	2,542	(13,847)
Non-controlling interests		(330)	(591)	(664)	(1,585)	(39)	(1,624)
Net income		9,535	11,130	6,214	26,879	(119)	26,760
12/31/2021	Total assets (*) -	1,311,330	1,013,836	133,123	2,166,019	(96,813)	2,069,206
	Total liabilities -	1,252,211	945,311	105,190	2,010,442	(105,712)	1,904,730
(*)  Includes:
Investments in associates and joint ventures		2,008	-	4,338	6,346	(225)	6,121
Fixed assets, net		5,420	997	-	6,417	546	6,963
Goodwill and Intangible assets, net		8,371	9,557	-	17,928	3,182	21,110

1)   The IFRS Consolidated figures do not represent the sum of the parties because there are intercompany transactions that were eliminated only in the consolidated statements. Segments are assessed by top management, net of income and expenses between related parties.

Schedule of result of non-current assets and main services and products by geographic region

	12/31/2023			12/31/2022
	Brazil	Abroad	Total	Brazil	Abroad	Total
Non-current assets	27,855	4,644	32,499	24,808	6,073	30,881
	01/01 to 12/31/2023			01/01 to 12/31/2022			01/01 to 12/31/2021
	Brazil	Abroad	Total	Brazil	Abroad	Total	Brazil	Abroad	Total
Income related to interest and similar (1,2,3)	221,534	34,428	255,962	173,746	30,024	203,770	117,094	27,420	144,514
Income from insurance contracts and private pension (3)	6,613	-	6,613	5,407	-	5,407	5,332	22	5,354
Commissions and Banking Fees (3)	41,147	4,584	45,731	40,062	4,504	44,566	37,744	4,580	42,324

1)	1) Includes Interest and similar Income, of Financial Assets and Liabilities at Fair Value through Profit or Loss and Foreign exchange results and exchange variations in foreign transactions.
2)	ITAÚ UNIBANCO HOLDING does not have customers representing 10% or higher of its revenues.
3)	In "Brazil" geographic region the companies headquartered in the country and "Abroad" are considered; the other companies, the amounts consider the already eliminated values.