12 Best Stocks Under $25 To Invest In Right Now

Page 5 of 11

7. Itaú Unibanco Holding S.A. (NYSE:ITUB)

Average Upside Potential: 25.84%

Share Price: $5.96

Itaú Unibanco Holding S.A. (NYSE:ITUB) is a full-service, universal bank with a presence in 18 countries. It is present in 18 countries with its main businesses including Corporate & Investment Banking, Asset Management, Private Banking, and Retail Business. The firm adopts the “Phygital” model (a combination of physical and digital) to provide its clients with the freedom to choose how they want to relate to the bank.

The company is one of the largest Brazilian private banks in market value. Based on market value on October 31, the company serves as the largest bank in Latin America with 100 years of history. The firm’s ability to adapt, innovate, and change has enabled it to achieve the status of a universal bank. Apart from offering the most complete portfolio of financial products and services, the firm serves clients how, when, and where they want to be served being a digital bank with the advantage of in-person service.

The firm’s recurring managerial result reached R$10.7 billion in Q3 2024, up 19.4% year-over-year. At the same time, the credit portfolio grew 9.9% year-over-year. Revenues from investment banking operations and brokerage services declined as a result of lower activity in the fixed-income market but were offset by improved revenues from credit card activities, asset management, and higher results from insurance operations.

Thus, Itaú Unibanco Holding S.A. (NYSE:ITUB) is a leading universal bank with a rich history, a broad product portfolio, and a dominant position in Latin America.

Page 5 of 11