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Related parties
 12 Months Ended
Dec. 31, 2024
Notes and other explanatory information [abstract]  
Related parties

Note 31 - Related parties

Transactions between related parties are carried out for amounts, terms and average rates in accordance with normal market practices during the period, and under reciprocal conditions.

Transactions between companies and investment funds, included in consolidation (Note 2c I), have been eliminated and do not affect the consolidated statements.

The principal unconsolidated related parties are as follows:

    •   Parent companies: IUPAR, E. JOHNSTON and ITAÚSA.

    •   Associates and joint ventures: of which stand out: Avenue Holding Cayman Ltd.; Biomas Serviços Ambientais, Restauração e Carbono S.A.; BSF Holding S.A.; Conectcar Instituição de Pagamento e Soluções de Mobilidade Eletrônica S.A.; Kinea Private Equity Investimentos S.A.; Olímpia Promoção e Serviços S.A.; Porto Seguro Itaú Unibanco Participações S.A.; Pravaler S.A. and Tecnologia Bancária S.A.

    •   Other related parties:

    •   Direct and indirect equity interests of ITAÚSA, in particular: Aegea Saneamento e Participações S.A.; Águas do Rio 1 SPE S.A., Águas do Rio 4 SPE S.A.; Alpargatas S.A.; CCR S.A.; Copa Energia Distribuidora de Gás S.A. and Dexco S.A.

    •   Pension plans, in particular: Fundação Itaú Unibanco – Previdência Complementar and FUNBEP – Fundo de Pensão Multipatrocinado, closed-end supplementary pension entities, that administer retirement plans sponsored by ITAÚ UNIBANCO HOLDING, created exclusively for employees.

    •   Associations, in particular: Associação Cubo Coworking Itaú and Associação Itaú Viver Mais.

    •   Foundations and Institutes, in particular: Fundação Saúde Itaú; Instituto Itaú Ciência, Tecnologia e Inovação and Instituto Unibanco.

a) Transactions with related parties:

                 
ITAÚ UNIBANCO HOLDING 12/31/2024   12/31/2023
Parent companies Associates and joint ventures Other related parties Total   Parent companies Associates and joint ventures Other related parties Total
Assets                  
lnterbank investments - 820 - 820   - 321 - 321
Loan operations - 141 448 589   - 355 324 679
Securities and derivatives (asset and liability position) 527 373 3,211 4,111   1,307 317 3,096 4,720
Other assets - 437 54 491   1 357 39 397
Total assets 527 1,771 3,713 6,011   1,308 1,350 3,459 6,117
                   
Liabilities                  
Deposits - (129) (1,157) (1,286)   - (92) (1,306) (1,398)
Deposits received under securities repurchase agreements - (279) (71) (350)   - (119) (75) (194)
Funds from acceptances and issuance of securities - (29) (146) (175)   - - (82) (82)
Other liabilities (2) (13) (1,576) (1,591)   (8) (9) (1,072) (1,089)
Total Liabilities (2) (450) (2,950) (3,402)   (8) (220) (2,535) (2,763)

 

                             
ITAÚ UNIBANCO HOLDING 01/01 to 12/31/2024   01/01 to 12/31/2023   01/01 to 12/31/2022
Parent companies Associates and joint ventures Other related parties Total   Parent companies Associates and joint ventures Other related parties Total   Parent companies Associates and joint ventures Other related parties Total
Statement of lncome                            
lncome 156 91 914 1,161   173 48 629 850   166 51 969 1,186
Expenses - (74) (482) (556)   - (20) (298) (318)   - (7) (187) (194)
Other operating revenues / (expenses) 14 (167) (839) (992)   14 (81) (196) (263)   13 (98) (60) (145)
lncome 170 (150) (407) (387)   187 (53) 135 269   179 (54) 722 847

 

Operations with Key Management Personnel of ITAÚ UNIBANCO HOLDING present Assets of R$ 191, Liabilities of R$ (7,641) and Results of R$ 19 (R$ 185, R$ (7,099) at 12/31/2023 and R$ (62) and R$ 16 from 01/01 to 12/31/2023 and 01/01 to 12/31/2022, respectively).

b) Compensation and Benefits of Key Management Personnel

Compensation and benefits attributed to Managers Members, members of the Audit Committee and the Board of Directors of ITAÚ UNIBANCO HOLDING in the period correspond to:

     
  01/01 to 12/31/2024 01/01 to 12/31/2023 01/01 to 12/31/2022
Fees (711) (686) (603)
Profit sharing (321) (275) (255)
Post-employment benefits (10) (6) (5)
Share-based payment plan (229) (179) (142)
Total (1,271) (1,146) (1,005)

 

Total amount related to share-based payment plans, personnel expenses and post-employment benefits is detailed in Notes 20, 23 and 26, respectively.