XML 62 R25.htm IDEA: XBRL DOCUMENT
v3.22.1

Stockholders' equity | 12 Months Ended
--- | ---
Dec. 31, 2021
Text Block [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 shares and 4,845,844,989 are preferred shares with no voting rights, but with tag-along rights in a public offering of shares, in an eventual transfer of control, assuring them a price equal to eighty per cent ( 80 %) of the amount paid per voting share in the controlling block, and a dividend at least equal to that of the common shares. The breakdown and change in shares of paid-in capital in the beginning and end of the period are shown below:
|  | 12/31/2021 |
|  | Number |  |  |  |
|  | Common |  |  | Preferred |  |  | Total |  |  | Amount |
Residents in Brazil at 12/31/2020 |  |  | 4,929,824,281 |  |  |  | 1,820,159,657 |  |  |  | 6,749,983,938 |  |  |  | 66,885 |
Residents abroad at 12/31/2020 |  |  | 28,466,078 |  |  |  | 3,025,685,332 |  |  |  | 3,054,151,410 |  |  |  | 30,263 |
Shares of capital stock at 12/31/2020 |  |  | 4,958,290,359 |  |  |  | 4,845,844,989 |  |  |  | 9,804,135,348 |  |  |  | 97,148 |
Shares of capital stock at 12/31/2021 (2) |  |  | 4,958,290,359 |  |  |  | 4,845,844,989 |  |  |  | 9,804,135,348 |  |  |  | 90,729 |
Residents in Brazil at 12/31/2021 |  |  | 4,929,997,183 |  |  |  | 1,771,808,645 |  |  |  | 6,701,805,828 |  |  |  | 62,020 |
Residents abroad at 12/31/2021 |  |  | 28,293,176 |  |  |  | 3,074,036,344 |  |  |  | 3,102,329,520 |  |  |  | 28,709 |
Treasury shares at 12/31/2020 (1) |  |  | — |  |  |  | 41,678,452 |  |  |  | 41,678,452 |  |  |  | (907 | )
Result from delivery of treasury shares |  |  | — |  |  |  | (17,433,727 | ) |  |  | (17,433,727 | ) |  |  | 379 |
Treasury shares at 12/31/2021 (1) |  |  | — |  |  |  | 24,244,725 |  |  |  | 24,244,725 |  |  |  | (528 | )
Outstanding shares at 12/31/2021 |  |  | 4,958,290,359 |  |  |  | 4,821,600,264 |  |  |  | 9,779,890,623 |  |  |  |  |
Outstanding shares at 12/31/2020 |  |  | 4,958,290,359 |  |  |  | 4,804,166,537 |  |  |  | 9,762,456,896 |  |  |  |  |
|  | 12/31/2020 |
|  | Number |  |  |  |
|  | Common |  |  | Preferred |  |  | Total |  |  | Amount |
Residents in Brazil at 12/31/2019 |  |  | 4,931,023,416 |  |  |  | 1,665,657,332 |  |  |  | 6,596,680,748 |  |  |  | 65,366 |
Residents abroad at 12/31/2019 |  |  | 27,266,943 |  |  |  | 3,180,187,657 |  |  |  | 3,207,454,600 |  |  |  | 31,782 |
Shares of capital stock at 12/31/2019 |  |  | 4,958,290,359 |  |  |  | 4,845,844,989 |  |  |  | 9,804,135,348 |  |  |  | 97,148 |
Shares of capital stock at 12/31/2020 |  |  | 4,958,290,359 |  |  |  | 4,845,844,989 |  |  |  | 9,804,135,348 |  |  |  | 97,148 |
Residents in Brazil at 12/31/2020 |  |  | 4,929,824,281 |  |  |  | 1,820,159,657 |  |  |  | 6,749,983,938 |  |  |  | 66,885 |
Residents abroad at 12/31/2020 |  |  | 28,466,078 |  |  |  | 3,025,685,332 |  |  |  | 3,054,151,410 |  |  |  | 30,263 |
Treasury shares at 12/31/2019 (1) |  |  | — |  |  |  | 58,533,585 |  |  |  | 58,533,585 |  |  |  | (1,274 | )
Result from delivery of treasury shares |  |  | — |  |  |  | (16,855,133 | ) |  |  | (16,855,133 | ) |  |  | 367 |
Treasury shares at 12/31/2020 (1) |  |  | — |  |  |  | 41,678,452 |  |  |  | 41,678,452 |  |  |  | (907 | )
Outstanding shares at 12/31/2020 |  |  | 4,958,290,359 |  |  |  | 4,804,166,537 |  |  |  | 9,762,456,896 |  |  |  |  |
Outstanding shares at 12/31/2019 |  |  | 4,958,290,359 |  |  |  | 4,787,311,404 |  |  |  | 9,745,601,763 |  |  |  |  |
(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) | Partial spin-off (Note 3).
Below is the average cost of treasury shares and their market price in reais. In 2021, there was none acquisition of treasury shares.
|  | 12/31/2021 |
Cost / market value |  | Common |  |  | Preferred |
Average cost |  |  | — |  |  |  | 21.76 |
Market value at 12/31/2021 |  |  | 19.09 |  |  |  | 20.95 |
|  | 12/31/2020 |
Cost / market value |  | Common |  |  | Preferred |
Average cost |  |  | — |  |  |  | 21.76 |
Market value at 12/31/2020 |  |  | 27.93 |  |  |  | 31.63 |
b) | Dividends
Shareholders are entitled to a mandatory minimum dividend in each fiscal year, corresponding to 25% of adjusted net income, as set forth in the Bylaws. Common and preferred shares participate equally in income distributed, after common shares have received dividends equal to the minimum annual priority dividend payable to preferred shares (R$ 0.022 non-cumulative per share). ITAÚ UNIBANCO HOLDING monthly advances the mandatory minimum dividend, using the share position of the last day of the previous month as the calculation basis, and the payment made on the first business day of the subsequent month in the amount of R$ 0.015 per share. On October 14, 2021, ITAÚ UNIBANCO HOLDING approved the payment of interest on capital, replacing the monthly dividend for November and December, in the net amount of R$ 0.015 per share, having as calculation basis the final ownership position registered on October 29, 2021 and November 30, 2021. Additionally, the payment of interest on supplementary capital was also approved, in the net amount of R$ 0.224868 per share, resulting in the total amount of R$ 2,199 million to be distributed net of taxes. l - Calculation of dividends and interest on capital
|  | 12/31/2021 |  |  | 12/31/2020 |  |  | 12/31/2019 |
Statutory net income |  |  | 26,236 |  |  |  | 18,961 |  |  |  | 26,712 |
Adjustments: |  |  |  |  |  |  |  |  |  |  |  |
(-) Legal reserve - 5% |  |  | (1,312 | ) |  |  | (948 | ) |  |  | (1,336 | )
Dividend calculation basis |  |  | 24,924 |  |  |  | 18,013 |  |  |  | 25,376 |
Minimum mandatory dividend - 25% |  |  | 6,231 |  |  |  | 4,503 |  |  |  | 6,344 |
Dividends and Interest on Capital Paid / Accrued |  |  | 6,231 |  |  |  | 4,503 |  |  |  | 18,777 |
ll - Stockholders’ compensation
|  | 12/31/2021 |
|  | Gross value per share (R$) |  |  | Value |  |  | WHT (With holding tax) |  |  | Net |
Paid / Prepaid |  |  |  |  |  |  | 4,179 |  |  |  | (407 | ) |  |  | 3,772 |
Dividends - 10 monthly installments paid from February to November 2021 |  |  | 0.0150 |  |  |  | 1,466 |  |  |  | — |  |  |  | 1,466 |
Interest on capital - 1 monthly installment paid on December 2021 |  |  | 0.0150 |  |  |  | 173 |  |  |  | (26 | ) |  |  | 147 |
Interest on capital - paid on 08/26/2021 |  |  | 0.2207 |  |  |  | 2,540 |  |  |  | (381 | ) |  |  | 2,159 |
Accrued (Recorded in Other Liabilities - Social and Statutory) |  |  |  |  |  |  | 2,894 |  |  |  | (435 | ) |  |  | 2,459 |
Interest on capital - 1 monthly installment paid on 01/03/2022 |  |  | 0.0150 |  |  |  | 173 |  |  |  | (26 | ) |  |  | 147 |
Interest on capital - credited on 11/26/2021 to be paid until 04/29/2022 |  |  | 0.2249 |  |  |  | 2,587 |  |  |  | (388 | ) |  |  | 2,199 |
Interest on capital |  |  | 0.0116 |  |  |  | 134 |  |  |  | (21 | ) |  |  | 113 |
Total from 01/01 to 12/31/2021 |  |  |  |  |  |  | 7,073 |  |  |  | (842 | ) |  |  | 6,231 |
|  | 12/31/2020 |
|  | Gross value per share (R$) |  |  | Value |  |  | WHT (With holding tax) |  |  | Net |
Paid / Prepaid |  |  |  |  |  |  | 2,127 |  |  |  | (78 | ) |  |  | 2,049 |
Dividends - 11 monthly installments paid from February to December de 2020 |  |  | 0.0150 |  |  |  | 1,610 |  |  |  | — |  |  |  | 1,610 |
Interest on capital - paid on 08/26/2020 |  |  | 0.0450 |  |  |  | 517 |  |  |  | (78 | ) |  |  | 439 |
Accrued (Recorded in Other Liabilities - Social and Statutory) |  |  |  |  |  |  | 2,861 |  |  |  | (407 | ) |  |  | 2,454 |
Dividends - 1 monthly installment paid on 01/04/2021 |  |  | 0.0150 |  |  |  | 146 |  |  |  | — |  |  |  | 146 |
Interest on capital - credited on 12/17/2020 to be paid until 04/30/2021 |  |  | 0.0544 |  |  |  | 624 |  |  |  | (93 | ) |  |  | 531 |
Interest on capital - credited on 01/28/2021 to be paid until 04/30/2021 |  |  | 0.0426 |  |  |  | 490 |  |  |  | (74 | ) |  |  | 416 |
Dividends or Interest on capital |  |  | 0.1394 |  |  |  | 1,601 |  |  |  | (240 | ) |  |  | 1,361 |
Total from 01/01 to 12/31/2020 |  |  |  |  |  |  | 4,988 |  |  |  | (485 | ) |  |  | 4,503 |
|  | 12/31/2019 |
|  | Gross value per share (R$) |  |  | Value |  |  | WHT (With holding tax) |  |  | Net |
Paid / prepaid |  |  |  |  |  |  | 9,274 |  |  |  | — |  |  |  | 9,274 |
Dividends - 11 monthly installments from February to December 2019 |  |  | 0.0150 |  |  |  | 1,606 |  |  |  | — |  |  |  | 1,606 |
Dividends - paid on 08/23/2019 |  |  | 0.7869 |  |  |  | 7,668 |  |  |  | — |  |  |  | 7,668 |
Accrued (Recorded in Other Liabilities) |  |  |  |  |  |  | 512 |  |  |  | (55 | ) |  |  | 457 |
Dividends - 1 monthly installment paid on 01/02/2020 |  |  | 0.0150 |  |  |  | 146 |  |  |  | — |  |  |  | 146 |
Interest on capital - credited on 12/19/2019 to be paid until 04/30/2020 |  |  | 0.0376 |  |  |  | 366 |  |  |  | (55 | ) |  |  | 311 |
Identified in Profit Reserve In Stockholders’ Equity |  |  | 1.0067 |  |  |  | 9,811 |  |  |  | (765 | ) |  |  | 9,046 |
Total from 01/01 to 12/31/2019 |  |  |  |  |  |  | 19,597 |  |  |  | (820 | ) |  |  | 18,777 |
c) | Capital reserves and profit reserves
|  | 12/31/2021 |  |  | 12/31/2020 |  |  | 12/31/2019 |
Capital reserves |  |  | 2,250 |  |  |  | 2,326 |  |  |  | 1,982 |
Premium on subscription of shares |  |  | 284 |  |  |  | 284 |  |  |  | 284 |
Share-based payment |  |  | 1,962 |  |  |  | 2,038 |  |  |  | 1,694 |
Reserves from tax incentives, restatement of equity securities and other |  |  | 4 |  |  |  | 4 |  |  |  | 4 |
Profit reserves |  |  | 66,161 |  |  |  | 47,347 |  |  |  | 43,019 |
Legal (1) |  |  | 13,586 |  |  |  | 12,274 |  |  |  | 11,326 |
Statutory (2)(3) |  |  | 64,092 |  |  |  | 46,590 |  |  |  | 43,210 |
Corporate reorganizations (Note 2.4 a IV) |  |  | (11,517 | ) |  |  | (11,517 | ) |  |  | (11,517 | )
Total reserves at parent company |  |  | 68,411 |  |  |  | 49,673 |  |  |  | 45,001 |
(1) | Its purpose is to ensure the integrity of capital, compensate loss or increase capital.
(2) | Its main purpose is to ensure the yield flow to shareholders.
(3) | Includes R$ 1,772 refers to net income remaining after the distribution of dividends and appropriations to statutory reserves in the statutory accounts of ITAÚ UNIBANCO HOLDING.
d) | Non-con trolling interests
|  | Stockholders’ equity |  |  | Income |
|  | 12/31/2021 |  |  | 12/31/2020 |  |  | 01/01 to 12/31/2021 |  |  | 01/01 to 12/31/2020 |  |  | 01/01 a 12/31/2019 |
Itaú CorpBanca |  |  | 9,836 |  |  |  | 9,891 |  |  |  | 1,310 |  |  |  | (4,135 | ) |  |  | 504 |
Itaú CorpBanca Colômbia S.A. |  |  | 476 |  |  |  | 491 |  |  |  | 38 |  |  |  | (15 | ) |  |  | (16 | )
Financeira Itaú CBD S.A. Crédito, Financiamento e Investimento |  |  | 666 |  |  |  | 580 |  |  |  | 131 |  |  |  | 164 |  |  |  | 131 |
Luizacred S.A. Soc. Cred. Financiamento Investimento |  |  | 426 |  |  |  | 385 |  |  |  | 76 |  |  |  | 102 |  |  |  | 20 |
Other |  |  | 208 |  |  |  | 185 |  |  |  | 69 |  |  |  | 52 |  |  |  | 61 |
Total |  |  | 11,612 |  |  |  | 11,532 |  |  |  | 1,624 |  |  |  | (3,832 | ) |  |  | 700 |

X
- 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 2021-01-01 -Paragraph 79 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_79&doctype=Standard -URIDate 2021-03-24 + Details
Name: | ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | itub_TextblockAbstract
Namespace Prefix: | itub_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration