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v3.19.1

Stockholders' equity | 12 Months Ended
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Dec. 31, 2018
Text block1 [abstract] |
Stockholders' equity |
Note | 19 – Stockholders’ equity
a) | Capital
Capital is represented by 9,804,135,348 book-entry shares with no par value, of which 4,958,290,359 are common and 4,845,844,989 are preferred shares with no voting rights, but with tag-along rights, in the event of disposal of control, to be included in a public offering of shares, so as to ensure the price equal to eighty per cent (80%) of the amount paid per share with voting rights in the controlling stake, as well as a dividend at least equal to that of the common shares. In Meetings of the Board of Directors held on 12/15/2017 and 02/22/2018, cancellations of 31,793,105 (47,689,657 amount considering the effect of the split) and 14,424,206, were approved, respective of common shares of own issue and shares held in treasury, with no change in capital, upon capitalization of amounts recorded in Revenue Reserves – Statutory Reserve. The Extraordinary Stockholders’ Meeting – ESM held on July 27, 2018 approved the split in 50% the Company’s shares of capital stock, and the process was approved by BACEN on October 31, 2018. The new shares were included in the share position on November 26, 2018. Thus, for better comparability, the number of shares presented in this item are affected by the split effect. The breakdown and change in shares of paid-in capital in the beginning and end of the period are shown below:
|  | 12/31/2018 |
|  | Number |  |  | Amount |
|  | Common |  |  | Preferred |  |  | Total |
Residents in Brazil at 12/31/2017 |  |  | 3,299,073,506 |  |  |  | 1,116,291,341 |  |  |  | 4,415,364,847 |  |  |  | 65,482 |
Residents abroad at 12/31/2017 |  |  | 20,877,606 |  |  |  | 2,114,271,985 |  |  |  | 2,135,149,591 |  |  |  | 31,666 |
Shares of capital stock at 12/31/2017 |  |  | 3,319,951,112 |  |  |  | 3,230,563,326 |  |  |  | 6,550,514,438 |  |  |  | 97,148 |
Stock Split – ESM of 07/27/2018 – Approved on 10/31/2018 |  |  | 1,652,763,453 |  |  |  | 1,615,281,663 |  |  |  | 3,268,045,116 |  |  |  | 0 |
(-) Cancellation of Shares – Meeting of the Board of Directors 02/22/2018 |  |  | (14,424,206 | ) |  |  | 0 |  |  |  | (14,424,206 | ) |  |  | 0 |
Shares of capital stock at 12/31/2018 |  |  | 4,958,290,359 |  |  |  | 4,845,844,989 |  |  |  | 9,804,135,348 |  |  |  | 97,148 |
Residents in Brazil at 12/31/2018 |  |  | 4,928,076,320 |  |  |  | 1,609,055,166 |  |  |  | 6,537,131,486 |  |  |  | 64,776 |
Residents abroad at 12/31/2018 |  |  | 30,214,039 |  |  |  | 3,236,789,823 |  |  |  | 3,267,003,862 |  |  |  | 32,372 |
Treasury shares at 12/31/2017(1) |  |  | 14,424,206 |  |  |  | 71,459,714 |  |  |  | 85,883,920 |  |  |  | (2,743 | )
Purchase of shares |  |  | 0 |  |  |  | 13,100,000 |  |  |  | 13,100,000 |  |  |  | (510 | )
(-) Cancellation of Shares – Meeting of the Board of Directors 02/22/2018 |  |  | (14,424,206 | ) |  |  | 0 |  |  |  | (14,424,206 | ) |  |  | 534 |
Result of delivery of treasury shares |  |  | 0 |  |  |  | (29,623,265 | ) |  |  | (29,623,265 | ) |  |  | 899 |
Stock Split – ESM of 07/27/2018 – Approved on 10/31/2018 |  |  | 0 |  |  |  | 28,677,977 |  |  |  | 28,677,977 |  |  |  | 0 |
Treasury shares at 12/31/2018 (1) |  |  | 0 |  |  |  | 83,614,426 |  |  |  | 83,614,426 |  |  |  | (1,820 | )
Outstanding shares at 12/31/2018 |  |  | 4,958,290,359 |  |  |  | 4,762,230,563 |  |  |  | 9,720,520,922 |  |  |  |  |
Outstanding shares at 12/31/2017(2) |  |  | 4,958,290,359 |  |  |  | 4,738,655,417 |  |  |  | 9,696,945,776 |  |  |  |  |
|  | 12/31/2017 |
|  | Number |  |  | Amount |
|  | Common |  |  | Preferred |  |  | Total |
Residents in Brazil at 12/31/2016 |  |  | 5,003,025,466 |  |  |  | 1,657,445,596 |  |  |  | 6,660,471,062 |  |  |  | 65,534 |
Residents abroad at 12/31/2016 |  |  | 24,590,859 |  |  |  | 3,188,399,392 |  |  |  | 3,212,990,251 |  |  |  | 31,614 |
Shares of capital stock at 12/31/2016 |  |  | 5,027,616,325 |  |  |  | 4,845,844,988 |  |  |  | 9,873,461,313 |  |  |  | 97,148 |
(-) Cancellation of shares – Meeting of the Board of Directors 12/15/2017 |  |  | (47,689,657 | ) |  |  | — |  |  |  | (47,689,657 | ) |  |  | — |
Shares of capital stock at 12/31/2017 |  |  | 4,979,926,668 |  |  |  | 4,845,844,988 |  |  |  | 9,825,771,656 |  |  |  | 97,148 |
Residents in Brazil at 12/31/2017 |  |  | 4,948,610,259 |  |  |  | 1,674,437,011 |  |  |  | 6,623,047,270 |  |  |  | 65,482 |
Residents abroad at 12/31/2017 |  |  | 31,316,409 |  |  |  | 3,171,407,977 |  |  |  | 3,202,724,386 |  |  |  | 31,666 |
Treasury shares at 12/31/2016 (1) |  |  | 4,611 |  |  |  | 104,406,693 |  |  |  | 104,411,304 |  |  |  | (1,882 | )
Purchase of shares |  |  | 69,321,355 |  |  |  | 56,974,350 |  |  |  | 126,295,705 |  |  |  | (3,089 | )
(-) Cancellation of shares – Meeting of the Board of Directors 12/15/2017 |  |  | (47,689,657 | ) |  |  | — |  |  |  | (47,689,657 | ) |  |  | 1,178 |
Result of delivery of treasury shares |  |  | — |  |  |  | (54,191,472 | ) |  |  | (54,191,472 | ) |  |  | 1,050 |
Treasury shares at 12/31/2017(1) |  |  | 21,636,309 |  |  |  | 107,189,571 |  |  |  | 128,825,880 |  |  |  | (2,743 | )
Outstanding shares at 12/31/2017 (2) |  |  | 4,958,290,359 |  |  |  | 4,738,655,417 |  |  |  | 9,696,945,776 |  |  |  |  |
Outstanding shares at 12/31/2016 (2) |  |  | 5,027,611,714 |  |  |  | 4,741,438,296 |  |  |  | 9,769,050,010 |  |  |  |  |
(1) | Own shares, purchased based on authorization of the Board of Directors, to be held in Treasury for subsequent cancellation of replacement in the market.
(2) | For better comparability, outstanding shares in the period of 12/31/2017 and 12/31/2016 were adjusted by the split approved on 10/31/2018.
Cost of shares purchased in the period, as well the average cost of treasury shares and their market price (in Brazilian Reais per share):
Cost / market value |  | 01/01 to 12/31/2018 |
| Common |  |  | Preferred |
Minimum |  |  | 0 |  |  |  | 37.45 |
Weighted average |  |  | 0 |  |  |  | 38.95 |
Maximum |  |  | 0 |  |  |  | 40.06 |
Treasury shares |  |  |  |  |  |  |  |
Average cost |  |  | 0 |  |  |  | 21.76 |
Market value at 12/31/2018 |  |  | 30.05 |  |  |  | 35.50 |
Cost / market value (*) |  | 01/01 to 12/31/2017 |
| Common |  |  | Preferred |
Minimum |  |  | 24.70 |  |  |  | 22.32 |
Weighted average |  |  | 24.70 |  |  |  | 24.16 |
Maximum |  |  | 24.70 |  |  |  | 25.70 |
Treasury shares (*) |  |  |  |  |  |  |  |
Average cost |  |  | 24.70 |  |  |  | 20.60 |
Market value at 12/31/2017 |  |  | 25.12 |  |  |  | 28.38 |
(*) | For better comparability, information of the period 12/31/2017 was adjusted by the split approved on 10/31/2018.
b) | Dividends
Shareholders are entitled mandatory minimum dividends in each fiscal year, corresponding to 25% of adjusted net income, as set forth in the Bylaws. Common and preferred shares participate equally of income distributed, after common shares have received dividends equal to the annual minimum priority dividend to be paid to preferred shares (R$ 0.022 non-cumulative per share). The calculation of the monthly advance of the mandatory minimum dividend is based on the share position on the last day of the prior month, with payment being made on the first business day of the subsequent month, amounting to R$ 0.015 per share.
l - | Calculation of dividends and interest on capital
|  | 12/31/2018 |  |  | 12/31/2017 |  |  | 12/31/2016 |
Statutory net income |  |  | 21,945 |  |  |  | 21,108 |  |  |  | 18,853 |
Adjustments: |  |  |  |  |  |  |  |  |  |  |  |
(-) Legal reserve - 5% |  |  | (1,097 | ) |  |  | (1,055 | ) |  |  | (943 | )
Dividend calculation basis |  |  | 20,848 |  |  |  | 20,053 |  |  |  | 17,910 |
Mandatory minimum dividend - 25% |  |  | 5,212 |  |  |  | 5,013 |  |  |  | 4,478 |
Dividends and Interest on Capital Paid / Provided for / Identified (*) |  |  | 22,437 |  |  |  | 17,558 |  |  |  | 10,000 |
(*) | On December 31, 2018, it includes extraordinary dividends, with balances of the Statutory Reserve.
ll - | Stockholders’ compensation
|  | 12/31/2018 |
|  | Gross value per share (R$) |  |  | Gross |  |  | WHT |  |  | Net |
Paid / prepaid |  |  |  |  |  |  | 5,921 |  |  |  | (122 | ) |  |  | 5,799 |
Dividends - 11 monthly installments from February to December 2018 |  |  | 0,0150 |  |  |  | 1,069 |  |  |  | 0 |  |  |  | 1,069 |
Dividends - paid on 08/30/2018 |  |  | 0,6240 |  |  |  | 4,041 |  |  |  | 0 |  |  |  | 4,041 |
Interest on capital - paid on 08/30/2018 |  |  | 0,1252 |  |  |  | 811 |  |  |  | (122 | ) |  |  | 689 |
Provided for (Recorded in Other Liabilities) |  |  |  |  |  |  | 248 |  |  |  | (15 | ) |  |  | 233 |
Dividends - 1 monthly installment paid on 01/02/2019 |  |  | 0,0150 |  |  |  | 145 |  |  |  | 0 |  |  |  | 145 |
Interest on capital - credited on 12/27/2018 to be paid until 04/30/2019 |  |  | 0.0106 |  |  |  | 103 |  |  |  | (15 | ) |  |  | 88 |
Identified in Revenue Reserve In Stockholders’ Equity |  |  | 1.8001 |  |  |  | 17,498 |  |  |  | (1,093 | ) |  |  | 16,405 |
Total from 01/01 to 12/31/2018 |  |  |  |  |  |  | 23,667 |  |  |  | (1,230 | ) |  |  | 22,437 |
|  | 12/31/2017 |
|  | Gross value per share (R$) |  |  | Gross |  |  | WHT |  |  | Net |
Paid / prepaid |  |  |  |  |  |  | 3,666 |  |  |  | (389 | ) |  |  | 3,277 |
Dividends - 11 monthly installments from February to December 2017 |  |  | 0,0150 |  |  |  | 1,074 |  |  |  | — |  |  |  | 1,074 |
Interest on capital - paid on 08/25/2017 |  |  | 0,3990 |  |  |  | 2,592 |  |  |  | (389 | ) |  |  | 2,203 |
Provided for (Recorded in Other Liabilities) |  |  |  |  |  |  | 1,877 |  |  |  | (140 | ) |  |  | 1,737 |
Dividends - 1 monthly installment paid on 01/02/2018 |  |  | 0,0150 |  |  |  | 98 |  |  |  | — |  |  |  | 98 |
Dividends provision |  |  | 0.1304 |  |  |  | 843 |  |  |  | — |  |  |  | 843 |
Interest on capital, credited on 12/28/2017 to be paid until 04/30/2018 |  |  | 0.1445 |  |  |  | 936 |  |  |  | (140 | ) |  |  | 796 |
Identified in Revenue Reserve In Stockholders’ Equity |  |  | 2.1126 |  |  |  | 13,658 |  |  |  | (1,114 | ) |  |  | 12,544 |
Total from 01/01 to 12/31/2017 |  |  |  |  |  |  | 19,201 |  |  |  | (1,643 | ) |  |  | 17,558 |
|  | 12/31/2016 |
|  | Gross value per share (R$) |  |  | Gross |  |  | WHT |  |  | Net |
Paid / prepaid |  |  |  |  |  |  | 3,355 |  |  |  | (355 | ) |  |  | 3,000 |
Dividends - 11 monthly installments paid from February to December 2016 |  |  | 0,0150 |  |  |  | 987 |  |  |  | — |  |  |  | 987 |
Interest on capital - paid on 08/25/2016 |  |  | 0,3990 |  |  |  | 2,368 |  |  |  | (355 | ) |  |  | 2,013 |
Provided for (Recorded in Other Liabilities) |  |  |  |  |  |  | 3,169 |  |  |  | (461 | ) |  |  | 2,708 |
Dividends - 1 monthly installment paid on 01/02/2017 |  |  | 0,0150 |  |  |  | 98 |  |  |  | — |  |  |  | 98 |
Interest on capital - credited on 12/30/2016 paid on 04/28/2017 |  |  | 0.4714 |  |  |  | 3,071 |  |  |  | (461 | ) |  |  | 2,610 |
Identified in Revenue Reserve In Stockholders’ Equity |  |  | 0.7754 |  |  |  | 5,050 |  |  |  | (758 | ) |  |  | 4,292 |
Total from 01/01 to 12/31/2016 |  |  |  |  |  |  | 11,574 |  |  |  | (1,574 | ) |  |  | 10,000 |
c) | Capital reserves and revenue reserves
l - | Additional paid-in capital
Additional paid-in capital corresponds to: (i) the difference between the proceeds from the sale of treasury shares and the average cost of such shares, and (ii) the compensation expenses recognized in accordance with the stock option plan and variable compensation.
ll - | Appropriated reserves
|  | 12/31/2018 |  |  | 12/31/2017 |  |  | 12/31/2016 |
Capital reserves |  |  | 285 |  |  |  | 285 |  |  |  | 285 |
Premium on subscription of shares |  |  | 284 |  |  |  | 284 |  |  |  | 284 |
Reserves from tax incentives, restatement of equity securities and other |  |  | 1 |  |  |  | 1 |  |  |  | 1 |
Revenue reserves |  |  | 13,195 |  |  |  | 12,214 |  |  |  | 3,158 |
Legal (1) |  |  | 9,989 |  |  |  | 8,892 |  |  |  | 7,838 |
Statutory (2) |  |  | (2,775 | ) |  |  | 589 |  |  |  | 1,132 |
Corporate reorganizations (Note 2.4 a IV) |  |  | (11,517 | ) |  |  | (10,925 | ) |  |  | (10,862 | )
Special revenue reserves (3) |  |  | 17,498 |  |  |  | 13,658 |  |  |  | 5,050 |
Total reserves at parent company |  |  | 13,480 |  |  |  | 12,499 |  |  |  | 3,443 |
(1) | It purpose is to ensure the integrity of capital, compensate loss or increase capital.
(2) | Its main purpose is to ensure the remuneration flow to shareholders.
(3) | Refers to Dividends or Interest on Capital declared until 12/31/2018, 12/31/2017 and 12/31/2016.
lll - | Unappropriated reserves
Refers to balance of profit remaining after the distribution of dividends and appropriations to statutory reserves in the statutory accounts of ITAÚ UNIBANCO HOLDING.
d) | Non-controlling interests
|  | Stockholders’ equity |  |  | Net Income |
|  | 12/31/2018 |  |  | 12/31/2017 |  |  | 01/01 to 12/31/2018 |  |  | 01/01 to 12/31/2017 |
Itaú CorpBanca (Note 3) |  |  | 11,645 |  |  |  | 11,144 |  |  |  | 539 |  |  |  | (38 | )
Itaú CorpBanca Colômbia S.A. (Note 3) |  |  | 1,268 |  |  |  | 1,203 |  |  |  | (2 | ) |  |  | (50 | )
Financeira Itaú CBD S.A. Crédito, Financiamento e Investimento |  |  | 364 |  |  |  | 297 |  |  |  | 105 |  |  |  | 70 |
Luizacred S.A. Soc. Cred. Financiamento Investimento |  |  | 288 |  |  |  | 241 |  |  |  | 44 |  |  |  | 24 |
Other |  |  | 119 |  |  |  | 93 |  |  |  | 46 |  |  |  | 26 |
Total |  |  | 13,684 |  |  |  | 12,978 |  |  |  | 732 |  |  |  | 32 |

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- Definition The entire disclosure for share capital, reserves and other equity interest. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2017-01-01 -Paragraph 79 -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2017-03-01&anchor=para_79&doctype=Standard -URIDate 2017-03-09 + Details
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- Definition Text block1 [abstract] + References No definition available. + Details
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