PerpEquities

Equity

Itaú Unibanco Holding S.A. (ITUB) perpetual futures

ITUB perpetual futures on 1 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade ITUBUSDT.

Itaú Unibanco Holding S.A. provides banking, insurance, and financial services including deposits, loans, credit cards, investment management, leasing, and foreign exchange to retail and corporate clients in Brazil and internationally.

$7.41-2.7%NYSE open
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Price chart

Interactive TradingView chart

TradingView symbol NYSE:ITUB

Loads TradingView's third-party widget (about 1 MB) on demand.

Auto: underlying reference priceOpen in TradingView

Trading data

Perpetual market activity

1/1 live markets
Venues
1
Live markets
1/1
24h volume
$10.1K
Open interest
$19.5K
Best liquidity
$389.3K
Bitget
Tightest spread
+32.4 bps
Bitget
Highest volume
$10.1K
Bitget
Settlement mix
USDT · 1/1
Perp/spot vol.
0.00x
Spot volume $39.8M
OI / float
0.00%
Float $43.4B
Spot performance
1D-3.13%
5D-21.62%
1M-7.01%
6M-16.05%
YTD+3.77%
1Y+3.63%

Venue matrix

1 markets

Some venue links are sponsored. We may receive a commission, and eligible users may occasionally receive trading-fee discounts, at no additional cost to you.

Trade
BitgetTradeITUB/USDTTrading$7.410.0% APR
0.000% every 8h
+32.4 bps$389.3K$10.1K$19.5KUSDT20x

Tradability

Execution quality

Entry cost and depth per venue at $1k–$100k

Thin liquidity · 1 of 1 venues absorb $10k · Typical cost: +27.6 bps

Cheapest execution: Bitget · +27.6 bps

Taker execution estimate incl. approx. fees - maker fills are not guaranteed.

Best venues for this underlying

Best liquidity

ITUB

Tightest spread

ITUB

Highest volume

ITUB

Funding history

Stored venue snapshots by market

Company data

Company fundamentals

Updated 1h ago
Market cap
$81.5B
Updated 1h ago
Revenue
$71.7B
Trailing 12 months
Revenue growth
-48%
Next fiscal year
Profit margin
+12.3%
P/E
10.3
Peer P/E 15.6
Free cash flow
$34.5B
Trailing 12 months
More metrics
Net income
$8.8B
Trailing 12 months
P/S
1.1
Peer P/E
15.6
Similar listed perps
Revenue estimate
$37.3B
Next fiscal year
Earnings
2026-11-03
Revenue est. $9.6B · Updated 1h ago
Dividend
$0.003
2026-12-02

Fundamental detail

Annual + quarterly
Latest revenue$71.9B
Net margin+11.7%
Free cash flow$24B
Net debt$138.7B
2020$32.5B
2021$35.8B
2022$47.3B
2023$57.3B
2024$60.9B
2025$71.9B
PeriodRevenueGrowthNet incomeFCF
2020$32.5B-8%$3.5B$10.1B
2021$35.8B+10%$5B$9.5B
2022$47.3B+32%$5.5B$22.6B
2023$57.3B+21%$6.2B$12.8B
2024$60.9B+6%$7.7B-$18.4B
2025$71.9B+18%$8.4B$24B
PeriodGross marginOperating marginNet marginROEROA
2020+43.5%+3.0%+10.9%+13.2%+0.9%
2021+56.5%+22.1%+14.0%+17.5%+1.3%
2022+42.8%+14.5%+11.5%+17.4%+1.3%
2023+38.1%+12.9%+10.8%+17.4%+1.3%
2024+39.6%+14.6%+12.6%+19.5%+1.4%
2025+34.5%+13.1%+11.7%+21.9%+1.5%
PeriodCashDebtNet debtCurrent ratio
2020$35.9B$108.1B$72.2B0.52
2021$42B$107.3B$65.3B0.47
2022$39.4B$134.9B$95.5B0.49
2023$42.7B$152.3B$109.6B0.47
2024$49.3B$169.3B$120B0.44
2025$50.6B$189.3B$138.7B0.35
PeriodMarket capEnterprise valueP/SP/E
2020$43.2B$115.4B1.315.4
2021$34.7B$100B1.06.9
2022$41.4B$136.9B0.97.6
2023$62.2B$171.8B1.110.1
2024$56.7B$176.8B0.97.4
2025$81.2B$220B1.19.9
Q3 2024$14.1B
Q4 2024$15.4B
Q1 2025$17.8B
Q2 2025$19B
Q3 2025$18B
Q4 2025$17.1B
Q1 2026$18B
Q2 2026$18.5B
PeriodRevenueGrowthNet incomeFCF
Q3 2024$14.1B-6%$1.9B-$7.1B
Q4 2024$15.4B+10%$2B$976.8M
Q1 2025$17.8B+22%$2B-$2.5B
Q2 2025$19B+21%$2.1B$2.3B
Q3 2025$18B+28%$2.1B$13.8B
Q4 2025$17.1B+12%$2.2B$8.4B
Q1 2026$18B+1%$2.2B-$1.1B
Q2 2026$18.5B-3%$2.3B$13.3B
PeriodGross marginOperating marginNet marginROEROA
Q3 2024+43.9%+13.3%+13.8%+5.1%+0.4%
Q4 2024+31.5%+15.9%+13.2%+5.1%+0.4%
Q1 2025+35.7%+13.6%+11.1%+5.2%+0.4%
Q2 2025+29.6%+9.5%+10.9%+5.3%+0.4%
Q3 2025+35.6%+14.3%+11.8%+5.3%+0.4%
Q4 2025+37.6%+15.3%+13.0%+5.8%+0.4%
Q1 2026+34.0%+13.2%+12.1%+5.4%+0.4%
Q2 2026+35.8%+14.3%+12.4%+5.6%+0.4%
PeriodCashDebtNet debtCurrent ratio
Q3 2024$46B$169B$123.1B0.46
Q4 2024$49.3B$169.3B$120B0.44
Q1 2025$47.7B$169.3B$121.6B0.24
Q2 2025$48.3B$175.3B$127B0.27
Q3 2025$49.4B$183.6B$134.1B0.27
Q4 2025$50.6B$189.3B$138.7B0.35
Q1 2026$51.2B$202.8B$151.7B0.32
Q2 2026$51.6B$191.4B$139.9B0.22
PeriodMarket capEnterprise valueP/SP/E
Q3 2024$67.2B$190.3B4.89.2
Q4 2024$56.9B$176.9B3.76.7
Q1 2025$59.8B$181.3B3.47.6
Q2 2025$74.3B$201.3B3.98.9
Q3 2025$78.8B$212.9B4.49.6
Q4 2025$80.8B$219.6B4.78.9
Q1 2026$89.4B$241.1B5.010.5
Q2 2026$87B$226.9B4.79.7

Refreshed 1h ago

Charts: revenue, profit, cash flow & valuation
Revenue$18.5BQ2 2026
$4.8B$9.5B$14.3B$19BQ3 2023: $15BQ4 2023: $13.9BQ1 2024: $14.6BQ2 2024: $15.7BQ3 2024: $14.1BQ4 2024: $15.4BQ1 2025: $17.8BQ2 2025: $19BQ3 2025: $18BQ4 2025: $17.1BQ1 2026: $18BQ2 2026: $18.5BQ3 2023Q2 2026
Net income$2.3BQ2 2026
$572.6M$1.1B$1.7B$2.3BQ3 2023: $1.6BQ4 2023: $1.6BQ1 2024: $1.8BQ2 2024: $1.9BQ3 2024: $1.9BQ4 2024: $2BQ1 2025: $2BQ2 2025: $2.1BQ3 2025: $2.1BQ4 2025: $2.2BQ1 2026: $2.2BQ2 2026: $2.3BQ3 2023Q2 2026
EBITDA$3BQ2 2026
$746.1M$1.5B$2.2B$3BQ3 2023: $2.3BQ4 2023: $2.1BQ1 2024: $2.6BQ2 2024: $2.6BQ3 2024: $2.2BQ4 2024: $2.7BQ1 2025: $2.7BQ2 2025: $2.1BQ3 2025: $3BQ4 2025: $3BQ1 2026: $2.7BQ2 2026: $3BQ3 2023Q2 2026
Free cash flow$13.3BQ2 2026
-$1.8B$3.4B$8.6B$13.8BQ3 2023: -$640.2MQ4 2023: -$3.4BQ1 2024: $8.7BQ2 2024: -$438.5MQ3 2024: -$7.1BQ4 2024: $976.8MQ1 2025: -$2.5BQ2 2025: $2.3BQ3 2025: $13.8BQ4 2025: $8.4BQ1 2026: -$1.1BQ2 2026: $13.3BQ3 2023Q2 2026
EPS$0.2Q2 2026
$0.05$0.1$0.15$0.2Q3 2023: $0.16Q4 2023: $0.17Q1 2024: $0.19Q2 2024: $0.19Q3 2024: $0.17Q4 2024: $0.2Q1 2025: $0.19Q2 2025: $0.19Q3 2025: $0.19Q4 2025: $0.17Q1 2026: $0.19Q2 2026: $0.2Q3 2023Q2 2026
Cash / Debt$51.6BQ2 2026
$50.7B$101.4B$152.1B$202.8BQ3 2023 · Cash: $42.2BQ3 2023 · Debt: $151.4BQ4 2023 · Cash: $42.7BQ4 2023 · Debt: $152.3BQ1 2024 · Cash: $42.6BQ1 2024 · Debt: $155.8BQ2 2024 · Cash: $46.5BQ2 2024 · Debt: $164.3BQ3 2024 · Cash: $46BQ3 2024 · Debt: $169BQ4 2024 · Cash: $49.3BQ4 2024 · Debt: $169.3BQ1 2025 · Cash: $47.7BQ1 2025 · Debt: $169.3BQ2 2025 · Cash: $48.3BQ2 2025 · Debt: $175.3BQ3 2025 · Cash: $49.4BQ3 2025 · Debt: $183.6BQ4 2025 · Cash: $50.6BQ4 2025 · Debt: $189.3BQ1 2026 · Cash: $51.2BQ1 2026 · Debt: $202.8BQ2 2026 · Cash: $51.6BQ2 2026 · Debt: $191.4BQ3 2023Q2 2026
CashDebt
Profitability+35.8%Q2 2026
+11.0%+22.0%+33.0%+43.9%Q3 2023 · Gross margin: +40.4%Q4 2023 · Gross margin: +40.7%Q1 2024 · Gross margin: +40.1%Q2 2024 · Gross margin: +38.8%Q3 2024 · Gross margin: +43.9%Q4 2024 · Gross margin: +31.5%Q1 2025 · Gross margin: +35.7%Q2 2025 · Gross margin: +29.6%Q3 2025 · Gross margin: +35.6%Q4 2025 · Gross margin: +37.6%Q1 2026 · Gross margin: +34.0%Q2 2026 · Gross margin: +35.8%Q3 2023 · Operating margin: +13.1%Q4 2023 · Operating margin: +13.5%Q1 2024 · Operating margin: +15.6%Q2 2024 · Operating margin: +14.6%Q3 2024 · Operating margin: +13.3%Q4 2024 · Operating margin: +15.9%Q1 2025 · Operating margin: +13.6%Q2 2025 · Operating margin: +9.5%Q3 2025 · Operating margin: +14.3%Q4 2025 · Operating margin: +15.3%Q1 2026 · Operating margin: +13.2%Q2 2026 · Operating margin: +14.3%Q3 2023 · Net margin: +10.4%Q4 2023 · Net margin: +11.8%Q1 2024 · Net margin: +12.6%Q2 2024 · Net margin: +12.0%Q3 2024 · Net margin: +13.8%Q4 2024 · Net margin: +13.2%Q1 2025 · Net margin: +11.1%Q2 2025 · Net margin: +10.9%Q3 2025 · Net margin: +11.8%Q4 2025 · Net margin: +13.0%Q1 2026 · Net margin: +12.1%Q2 2026 · Net margin: +12.4%Q3 2023Q2 2026
Gross marginOperating marginNet margin
Revenue growth-2.6%Q2 2026
+2.3%+10.8%+19.3%+27.8%Q3 2024: -6.1%Q4 2024: +10.2%Q1 2025: +21.7%Q2 2025: +20.9%Q3 2025: +27.8%Q4 2025: +11.6%Q1 2026: +1.5%Q2 2026: -2.6%Q3 2023Q2 2026
Shares outstanding11.1BQ2 2026
3.3B6.5B9.8B13BQ3 2023: 9.9BQ4 2023: 9.9BQ1 2024: 9.8BQ2 2024: 9.9BQ3 2024: 10.9BQ4 2024: 10.9BQ1 2025: 10.2BQ2 2025: 10.9BQ3 2025: 10.8BQ4 2025: 13BQ1 2026: 11.1BQ2 2026: 11.1BQ3 2023Q2 2026
Valuation9.7Q2 2026
2.65.37.910.5Q3 2023 · P/E: 7.2Q4 2023 · P/E: 8.6Q1 2024 · P/E: 7.7Q2 2024 · P/E: 7.2Q3 2024 · P/E: 9.2Q4 2024 · P/E: 6.7Q1 2025 · P/E: 7.6Q2 2025 · P/E: 8.9Q3 2025 · P/E: 9.6Q4 2025 · P/E: 8.9Q1 2026 · P/E: 10.5Q2 2026 · P/E: 9.7Q3 2023 · P/S: 3.0Q4 2023 · P/S: 4.0Q1 2024 · P/S: 3.9Q2 2024 · P/S: 3.4Q3 2024 · P/S: 4.8Q4 2024 · P/S: 3.7Q1 2025 · P/S: 3.4Q2 2025 · P/S: 3.9Q3 2025 · P/S: 4.4Q4 2025 · P/S: 4.7Q1 2026 · P/S: 5.0Q2 2026 · P/S: 4.7Q3 2023Q2 2026
P/EP/S
Revenue$71.9B2025
$18B$36B$53.9B$71.9B2018: $31.9B2019: $35.2B2020: $32.5B2021: $35.8B2022: $47.3B2023: $57.3B2024: $60.9B2025: $71.9B20182025
Net income$8.4B2025
$2.1B$4.2B$6.3B$8.4B2018: $4.7B2019: $5.1B2020: $3.5B2021: $5B2022: $5.5B2023: $6.2B2024: $7.7B2025: $8.4B20182025
EBITDA$10.8B2025
$2.7B$5.4B$8.1B$10.8B2018: $6.4B2019: $6.5B2020: $1.7B2021: $8.7B2022: $7.8B2023: $8.5B2024: $10.1B2025: $10.8B20182025
Free cash flow$24B2025
-$7.8B$2.8B$13.4B$24B2018: $3.7B2019: $5.8B2020: $10.1B2021: $9.5B2022: $22.6B2023: $12.8B2024: -$18.4B2025: $24B20182025
EPS$0.732025
$0.18$0.37$0.55$0.732018: $0.482019: $0.522020: $0.292021: $0.512022: $0.552023: $0.572024: $0.712025: $0.7320182025
Cash / Debt$50.6B2025
$47.3B$94.7B$142B$189.3B2018 · Cash: $29.5B2018 · Debt: $104.5B2019 · Cash: $29.2B2019 · Debt: $101.7B2020 · Cash: $35.9B2020 · Debt: $108.1B2021 · Cash: $42B2021 · Debt: $107.3B2022 · Cash: $39.4B2022 · Debt: $134.9B2023 · Cash: $42.7B2023 · Debt: $152.3B2024 · Cash: $49.3B2024 · Debt: $169.3B2025 · Cash: $50.6B2025 · Debt: $189.3B20182025
CashDebt
Profitability+34.5%2025
+14.1%+28.2%+42.4%+56.5%2018 · Gross margin: +52.4%2019 · Gross margin: +50.0%2020 · Gross margin: +43.5%2021 · Gross margin: +56.5%2022 · Gross margin: +42.8%2023 · Gross margin: +38.1%2024 · Gross margin: +39.6%2025 · Gross margin: +34.5%2018 · Operating margin: +17.9%2019 · Operating margin: +16.6%2020 · Operating margin: +3.0%2021 · Operating margin: +22.1%2022 · Operating margin: +14.5%2023 · Operating margin: +12.9%2024 · Operating margin: +14.6%2025 · Operating margin: +13.1%2018 · Net margin: +14.6%2019 · Net margin: +14.4%2020 · Net margin: +10.9%2021 · Net margin: +14.0%2022 · Net margin: +11.5%2023 · Net margin: +10.8%2024 · Net margin: +12.6%2025 · Net margin: +11.7%20182025
Gross marginOperating marginNet margin
Revenue growth+18.0%2025
+2.2%+12.2%+22.2%+32.2%2019: +10.3%2020: -7.9%2021: +10.3%2022: +32.2%2023: +21.1%2024: +6.3%2025: +18.0%20182025
Shares outstanding11.2B2025
2.8B5.6B8.4B11.2B2018: 9.8B2019: 9.8B2020: 9.8B2021: 9.8B2022: 9.9B2023: 10.9B2024: 10.9B2025: 11.2B20182025
Valuation9.92025
3.87.711.515.42018 · P/E: 10.42019 · P/E: 9.92020 · P/E: 15.42021 · P/E: 6.92022 · P/E: 7.62023 · P/E: 10.12024 · P/E: 7.42025 · P/E: 9.92018 · P/S: 1.52019 · P/S: 1.42020 · P/S: 1.32021 · P/S: 1.02022 · P/S: 0.92023 · P/S: 1.12024 · P/S: 0.92025 · P/S: 1.120182025
P/EP/S

Next catalyst

Catalysts

Earnings
2026-11-03
Revenue est. $9.6B · Updated 1h ago
Dividend
$0.003
2026-12-02

No unusual perp activity right now.

Research data

Analysts, filings and peer context

Estimates

6
DateEPS estimateRevenue estimateGrowthAnalysts
FY 20260.88$37.3B-48%3
FY 20270.96$40.2B-44%3
FY 20281.07$43.4B-40%1
FY 20291.08$36.3B-50%1
Q1 20270.22$9.6B-47%1
Q2 20270.23$10B-46%1

Company events

6
2026-12-02Dividend$0.003-
2026-11-04Dividend$0.003-
2026-11-03Earnings · After market closeActual - / Estimate 0.22-
2026-10-02Dividend$0.003-
2026-09-02Dividend$0.003-
2026-08-04EarningsActual 0.21 / Estimate 0.22Miss

Peer comparison

Similar listed perps

Analyst track record

How the analysts covering ITUB have done: ratings, price-target accuracy and the measured reaction after their calls.

12 months3 years
Ratings718
Analysts56
Buy / hold / sell6 / 1 / 017 / 1 / 0
Upgrades / downgrades / initiations0 / 1 / 03 / 1 / 0
Price targets hit / missed0 / 5 (0%)9 / 6 (60%)
Avg. return after a rating (TipRanks)-18.2%+3.5%
Best / worst call-3.4% / -28.5%+31.0% / -28.5%

After buy calls on this stock: not enough measured cases yet

Latest ratings

DateAnalystCallTarget
Oct 9, 2026Tito LabartaGoldman SachsBuyReiterated$10.50
Oct 8, 2026Carlos Gomez-LopezHSBCHoldDowngraded$9.10
Aug 5, 2026Mario PierryBank of America SecuritiesBuyMaintained–
Jul 7, 2026Yuri FernandesJ.P. MorganBuyMaintained$10.00
Feb 18, 2026Yuri FernandesJ.P. MorganBuyMaintained$9.00

TipRanks data via FMP · computed Oct 28, 2026 · 7 ratings

Frequently asked questions

Where can I trade ITUB perpetual futures?

Itaú Unibanco Holding S.A. (ITUB) perpetual futures trade on 1 crypto venues, including Bitget. PerpEquities compares them by live price, funding rate, open interest and liquidity.

Can I trade ITUB around the clock?

Yes. Unlike the underlying stock, ITUB perpetuals trade 24/7 — including weekends and outside regular market hours.

What is the funding rate on ITUB perpetuals?

Right now the ITUB perp funding rate is 0.0% annualized (venue median), ranging from 0.0% to 0.0% across 1 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.

How does the ITUB perp price compare to the Itaú Unibanco Holding S.A. stock?

The venue-median ITUB perp mark is $7.41 versus a reference stock price of $7.41, a basis of 0.0%. Perps follow the stock through an index price; the gap widens when funding or liquidity diverge between venues.

What is a ITUB perpetual future?

A ITUB perpetual is a derivative that tracks the price of Itaú Unibanco Holding S.A. with no expiry date. It lets you take long or short exposure to Itaú Unibanco Holding S.A. on crypto venues, around the clock.

What is ITUBUSDT perpetual?

ITUBUSDT is the symbol most crypto exchanges use for the Itaú Unibanco Holding S.A. perpetual settled in USDT (Tether). It tracks the ITUB share price through an index, trades 24/7 with leverage and never expires.

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