13 Best Performing Bank Stocks So Far In 2025

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7. Itaú Unibanco Holding SA (NYSE:ITUB)

Year-to-Date Performance: 22.53%

Number of Hedge Fund Holders: 26

Itaú Unibanco Holding SA (NYSE:ITUB) is a Brazilian financial services company that ranks among the largest banking institutions in Latin America. The company attracts deposits and offers a comprehensive range of retail, commercial, corporate, and private banking services. Itaú Unibanco Holding SA (NYSE:ITUB) has a presence in 18 countries.

The company is making important investments in business operations and new technologies to increase its earnings and strengthen the company for the long term. Itaú Unibanco Holding SA (NYSE:ITUB) has made good progress with regard to its modernization and cloud migration efforts. In the Q4 2024 earnings call, management shared that these initiatives have led to a 99% reduction in high-impact incidents. Itaú Unibanco Holding SA (NYSE:ITUB) is also heavily investing in data science and artificial intelligence and it has more than 470 data scientists and over 390 initiatives using generative AI within the bank. The company is using, testing, and growing more than 1,300 AI models. Additionally, as part of the “One Itaú” project, the company aims to migrate 15 million single-product users to its primary app. By the end of 2024, Itaú Unibanco Holding SA (NYSE:ITUB) successfully migrated 5.3 million clients and plans to complete the migration of the remaining clients throughout 2025.

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