Why These 15 Financial Services Stocks Are Surging In 2025

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13. Itau Unibanco Holding SA (NYSE:ITUB)

Number of Hedge Fund Holders In Q4 2024: 23

Itau Unibanco Holding SA (NYSE:ITUB) is Brazil’s largest private sector bank, offering a wide range of financial services including retail and commercial banking, asset management, and insurance across Latin America and beyond.

The stock is up significantly so far in 2025 due to the announcement of a new stock buyback program and a massive R$15 billion distribution to shareholders, including both dividends and interest on capital, with payments scheduled for March 2025.

The board also approved a substantial R$33.33 billion increase in subscribed and paid-in capital, using revenue reserves, which further strengthened the bank’s capital base and investor confidence.

Itau Unibanco’s 2025 financial guidance projects total credit portfolio growth of 4.5% to 8.5% and a financial margin with clients expected to rise by 7.5% to 11.5%.

The consensus price target of $6.27 implies 0.43% downside.

ITUB stock is up 48.39% year-to-date.

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