SÃO PAULO, May 12, 2026 /PRNewswire/ -- Itaúsa (B3: ITSA4), the largest publicly-held investment holding company in Brazil, recorded recurring net income of R$ 4,5 billion in the first quarter of 2026, up 17% on a year-over-year basis, and recurring ROE of 20,1%, a 2,7 p.p. increase, evidencing the strong performance of investees and the discipline in capital allocation strategy, even amid a scenario of greater uncertainty in global markets.

In the period, the company kept on a consistent value creation journey, notably driven by Itaú Unibanco's performance and the growth of its non-financial investees. Return to shareholders totaled R$1,3 billion, up 39% on a year-over-year basis, reaffirming Itaúsa's commitment to dividend distribution and long-term value creation.

According to Itaúsa's CEO and Investor Relations Officer Alfredo Setubal, earnings for the quarter have corroborated the company's strength.

"Even amid a scenario of higher volatility and economic cycle transition, we keep on delivering consistent results. The double-digit recurring profit growth and a 20% ROE reflect the quality of our portfolio, financial discipline, and the strategic monitoring of investees focused on creating sustainable value".

Investees' Performance

Recurring result of investees, as recorded in Itaúsa's results for the first quarter of 2026, totaled R$ 4,8 billion, up 16% on a year-over-year basis, mainly driven by the ...