B3 · BRL

ITSA4

Itausa SA Non-Cum Perp Pfd Registered Shs

R$14.60+3.11% (R$0.44)
Day's range
R$14.31 – R$14.75
Day's volume
R$678.9M
52-week range
R$10.67 – R$15.24

Follow ITSA4 in the Fuolio

See how ITSA4 weighs in your net worth, what it has paid you and how far it is from your target allocation.

Create a free account

ITSA4 in numbers

Market cap
R$164.4B
P/E
9.01
P/B
1.75
Dividend yield (12m)
7.83%
Net debt/EBITDA
0.40

The 12-month dividend yield of ITSA4 is 7.83%, below its 5-year average of 9.27%.

ITSA4 price history

10/01/202509/30/2026
Compare with

ITSA4 risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return+36.54%+128.40%+146.30%
Volatility (annualized)21.53%22.54%23.94%
Largest drawdown-8.52%-15.53%-22.23%
Positive months8/1223/3636/60

How much did investing in ITSA4 return?

R$1,000.00 invested on 09/01/2021 would be worth R$2,463.01 today.

Value today in ITSA4
R$2,463.01
Return over the period
+146.30%
Return per year
+19.76%
In the Ibovespa
R$1,657.66

With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.

ITSA4 fundamentals

Valuation

  • P/E
    9.01
  • P/B
    1.75
  • EV/EBITDA
    8.43
  • EV/EBIT
    9.01
  • EV/Revenue
    20.37
  • P/EBIT
    8.58
  • P/S
    19.40
  • P/OCF
    226.10
  • P/FCF
    13.14
  • Earnings yield
    11.10%
  • PEG ratio
    0.52
  • Earnings per share
    R$1.62
  • Book value per share
    R$8.36

Debt

  • Net debt
    R$8.2B
  • Net debt/EBITDA
    0.40
  • Net debt/Equity
    0.08
  • Debt/Equity
    0.15
  • Current ratio
    2.00
  • Quick ratio
    1.76
  • Cash ratio
    0.87

Efficiency

  • Gross margin
    25.72%
  • EBITDA margin
    241.46%
  • Operating margin
    226.04%
  • Net margin
    215.08%
  • Asset turnover
    0.07

Profitability

  • ROE
    19.36%
  • ROA
    15.22%
  • ROIC
    17.71%
  • Payout
    70.63%

Growth

  • Revenue CAGR (5 years)
    2.71%
  • Earnings CAGR (5 years)
    10.21%
  • Revenue growth (year)
    0.17%
  • Earnings growth (year)
    11.56%
  • Revenue growth (quarter)
    1.77%
  • Earnings growth (quarter)
    17.01%

What is ITSA4's fair price?

Two classic value formulas, with today's numbers. The current price is R$14.60.

Graham's fair price
R$17.46
19.57% above the price

√(22.50 × R$1.62 × R$8.36)

Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.

Bazin's ceiling price
R$14.64
0.27% above the price

R$0.88 (5-year average) ÷ 6%

Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.

Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.

ITSA4's indicators by year

Multiples at each year's closing price; margins and returns from that year's statements.

Indicator20252024202320222021202020192018
P/E8.106.777.925.996.7313.8611.3910.68
P/B1.431.051.221.071.181.612.011.73
EV/EBITDA7.356.177.515.796.6412.3210.289.54
Dividend yield15.60%13.42%5.94%7.01%4.39%6.14%11.09%12.00%
Earnings per shareR$1.47R$1.36R$1.30R$1.41R$1.38R$0.84R$1.23R$1.12
Book value per shareR$8.33R$8.76R$8.43R$7.89R$7.87R$7.21R$6.94R$6.91
ROE17.66%15.56%15.47%17.87%17.55%11.64%17.67%16.25%
ROIC17.73%15.67%14.83%16.86%16.53%11.46%17.64%16.39%
Gross margin24.37%29.78%32.20%33.88%35.18%31.50%25.76%25.38%
EBITDA margin234.94%213.95%207.04%193.54%169.14%142.02%234.03%200.04%
Net margin199.87%179.45%182.39%161.14%149.33%120.00%205.91%175.55%
Net debt/EBITDA0.460.490.530.810.700.600.260.17

ITSA4's financial statements

Line202520242023202220212020
Net revenueR$8.2BR$8.2BR$7.4BR$8.5BR$8.2BR$5.9B
Cost of revenue-R$6.2B-R$5.8B-R$5B-R$5.6B-R$5.3B-R$4B
Gross profitR$2BR$2.5BR$2.4BR$2.9BR$2.9BR$1.9B
EBITDAR$19.4BR$17.6BR$15.3BR$16.4BR$13.8BR$8.4B
EBITR$18.1BR$16.4BR$14.1BR$15.6BR$13.1BR$7.7B
Financial result-R$1.7B-R$1.4B-R$335M-R$1BR$143M-R$189M
Income before taxR$16.4BR$15BR$13.8BR$14.6BR$13.2BR$7.5B
Income taxR$161M-R$138MR$203M-R$402MR$51M-R$191M
Net incomeR$16.5BR$14.8BR$13.5BR$13.7BR$12.2BR$7.1B

Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.

ITSA4 against its sector

The same indicators for the company's other shares and the sector's largest stocks.

StockP/EP/BDividend yield (12m)ROEMarket cap
ITSA4S.a.9.011.757.83%19.36%R$164.4B
ITUB4ITAU UNIBANCO HOLDING S.A.10.432.247.15%21.50%R$511.8B
ITUB3ITAU UNIBANCO HOLDING S.A.11.412.456.53%21.50%R$511.8B
BPAC3BCO BTG PACTUAL S.A.15.683.481.91%22.20%R$271.9B
BPAC5BCO BTG PACTUAL S.A.13.142.922.28%22.20%R$271.9B
BBDC4BCO BRADESCO S.A.7.921.086.80%13.66%R$183.9B
BBDC3BCO BRADESCO S.A.6.940.957.05%13.66%R$183.9B

Does ITSA4 pay dividends?

Announced payments
TypeLast day to ownPaymentPer share
Interest on equity11/30/202601/04/2027R$0.02

Dividend yield per year

  • 8.41%2017
  • 12.00%2018
  • 11.09%2019
  • 6.14%2020
  • 4.39%2021
  • 7.01%2022
  • 5.94%2023
  • 13.42%2024
  • 15.60%2025
  • 2.52%2026
Payment history
TypeLast day to ownPaymentPer share
Interest on equity08/31/202610/01/2026R$0.02
Interest on equity03/19/202608/31/2026R$0.12
Interest on equity06/18/202608/28/2026R$0.14
Interest on equity05/29/202607/01/2026R$0.02
Interest on equity02/27/202603/31/2026R$0.02
Interest on equity12/09/202503/06/2026R$0.02
Interest on equity11/28/202501/02/2026R$0.02
Dividend12/09/202512/19/2025R$0.78
Interest on equity08/29/202510/01/2025R$0.02
Interest on equity08/18/202508/29/2025R$0.19
Interest on equity06/20/202508/29/2025R$0.06
Interest on equity05/30/202507/01/2025R$0.02
See all 254 distributions
Earlier distributions
TypeLast day to ownPaymentPer share
Interest on equity09/19/202404/30/2025R$0.05
Dividend02/17/202504/22/2025R$0.09
Interest on equity02/28/202504/01/2025R$0.02
Dividend02/17/202503/07/2025R$0.41
Interest on equity02/17/202503/07/2025R$0.10
Interest on equity12/11/202403/07/2025R$0.06
Interest on equity11/29/202401/02/2025R$0.02
Interest on equity10/19/202312/30/2024R$0.05
Interest on equity09/21/202312/30/2024R$0.12
Interest on equity08/30/202410/01/2024R$0.02
Interest on equity06/20/202408/30/2024R$0.09
Interest on equity03/21/202408/30/2024R$0.07
Interest on equity05/31/202407/01/2024R$0.02
Interest on equity02/29/202404/01/2024R$0.02
Interest on equity02/22/202403/08/2024R$0.30
Dividend02/22/202403/08/2024R$0.30
Interest on equity12/18/202303/08/2024R$0.08
Interest on equity07/25/202303/08/2024R$0.05
Interest on equity11/30/202301/02/2024R$0.02
Interest on equity08/17/202310/02/2023R$0.02
Interest on equity12/08/202210/02/2023R$0.04
Interest on equity11/18/202210/02/2023R$0.05
Interest on equity08/18/202210/02/2023R$0.05
Interest on equity06/22/202308/25/2023R$0.11
Interest on equity03/23/202308/25/2023R$0.08
Interest on equity05/31/202307/03/2023R$0.02
Interest on equity02/28/202304/03/2023R$0.02
Interest on equity12/08/202203/10/2023R$0.14
Interest on equity11/30/202201/02/2023R$0.02
Interest on equity08/31/202210/03/2022R$0.02
Interest on equity08/18/202208/30/2022R$0.01
Interest on equity03/24/202208/30/2022R$0.11
Interest on equity05/31/202207/01/2022R$0.02
Interest on equity05/31/202207/01/2022R$0.02
Interest on equity12/13/202104/01/2022R$0.02
Interest on equity01/14/202203/11/2022R$0.13
Interest on equity11/23/202103/11/2022R$0.15
Interest on equity11/30/202101/03/2022R$0.02
Dividend08/31/202110/01/2021R$0.02
Interest on equity05/24/202109/30/2021R$0.02
Interest on equity04/27/202109/30/2021R$0.02
Interest on equity03/25/202109/30/2021R$0.02
Interest on equity03/09/202109/30/2021R$0.02
Interest on equity08/13/202108/26/2021R$0.04
Dividend05/31/202107/01/2021R$0.02
Dividend02/26/202104/01/2021R$0.02
Interest on equity01/22/202103/12/2021R$0.02
Interest on equity12/10/202003/12/2021R$0.10
Dividend11/30/202001/04/2021R$0.02
Dividend08/31/202010/01/2020R$0.02
Dividend08/17/202008/26/2020R$0.02
Dividend05/29/202007/01/2020R$0.02
Dividend02/28/202004/01/2020R$0.02
Interest on equity02/20/202003/06/2020R$0.22
Dividend02/20/202003/06/2020R$0.23
Interest on equity12/12/201903/06/2020R$0.01
Dividend11/29/201901/02/2020R$0.02
Dividend08/30/201910/01/2019R$0.02
Dividend08/15/201908/23/2019R$0.34
Dividend05/31/201907/01/2019R$0.02
Dividend02/28/201904/01/2019R$0.02
Interest on equity02/21/201903/07/2019R$0.31
Dividend02/21/201903/07/2019R$0.45
Interest on equity12/17/201803/07/2019R$0.01
Dividend11/30/201801/02/2019R$0.02
Dividend08/31/201810/01/2018R$0.02
Dividend08/17/201808/30/2018R$0.20
Interest on equity08/17/201808/30/2018R$0.01
Dividend05/30/201807/02/2018R$0.02
Dividend02/22/201804/05/2018R$0.19
Dividend02/28/201804/02/2018R$0.02
Interest on equity02/22/201803/07/2018R$0.37
Dividend02/22/201803/07/2018R$0.11
Interest on equity12/22/201703/07/2018R$0.17
Dividend11/30/201701/02/2018R$0.02
Dividend08/31/201710/02/2017R$0.02
Interest on equity08/14/201708/25/2017R$0.08
Dividend05/31/201707/03/2017R$0.02
Interest on equity12/22/201606/30/2017R$0.05
Interest on equity12/22/201604/28/2017R$0.23
Interest on equity02/20/201704/06/2017R$0.12
Dividend02/24/201704/03/2017R$0.02
Interest on equity02/20/201703/03/2017R$0.05
Dividend02/20/201703/03/2017R$0.05
Dividend11/30/201601/02/2017R$0.02
Dividend08/31/201610/03/2016R$0.02
Interest on equity08/12/201608/25/2016R$0.08
Dividend05/31/201607/01/2016R$0.02
Dividend02/29/201604/01/2016R$0.02
Interest on equity02/18/201602/29/2016R$0.11
Dividend02/18/201602/29/2016R$0.08
Interest on equity12/09/201502/29/2016R$0.12
Dividend11/30/201501/04/2016R$0.02
Dividend08/31/201510/01/2015R$0.02
Interest on equity08/12/201508/24/2015R$0.09
Dividend05/29/201507/01/2015R$0.02
Interest on equity12/19/201404/29/2015R$0.04
Dividend02/27/201504/01/2015R$0.02
Dividend02/10/201503/30/2015R$0.05
Dividend02/10/201502/25/2015R$0.04
Interest on equity02/10/201502/25/2015R$0.17
Dividend11/28/201401/02/2015R$0.02
Dividend08/29/201410/01/2014R$0.02
Interest on equity08/13/201408/25/2014R$0.08
Dividend05/30/201407/01/2014R$0.02
Dividend02/28/201404/01/2014R$0.02
Interest on equity12/20/201302/28/2014R$0.09
Dividend11/29/201301/02/2014R$0.02
Dividend08/30/201310/01/2013R$0.02
Interest on equity08/06/201308/21/2013R$0.07
Dividend05/31/201307/01/2013R$0.02
Interest on equity12/21/201206/28/2013R$0.10
Dividend02/28/201304/01/2013R$0.02
Dividend11/30/201201/02/2013R$0.02
Dividend08/31/201210/01/2012R$0.02
Dividend05/31/201207/02/2012R$0.02
Interest on equity02/29/201206/08/2012R$0.13
Dividend02/29/201204/02/2012R$0.01
Interest on equity02/29/201203/13/2012R$0.01
Interest on equity12/26/201103/13/2012R$0.14
Dividend11/30/201101/02/2012R$0.01
Dividend08/31/201110/03/2011R$0.01
Interest on equity08/09/201108/22/2011R$0.08
Dividend05/31/201107/01/2011R$0.01
Interest on equity03/29/201106/10/2011R$0.11
Interest on equity12/30/201003/17/2011R$0.09
Dividend11/30/201001/03/2011R$0.01
Interest on equity08/10/201008/20/2010R$0.07
Interest on equity03/02/201006/10/2010R$0.07
Interest on equity03/02/201003/10/2010R$0.11
Interest on equity12/30/200903/10/2010R$0.04
Interest on equity08/21/200908/31/2009R$0.05
Interest on equity03/09/200906/10/2009R$0.14
Interest on equity03/09/200903/17/2009R$0.13
Interest on equity12/30/200803/17/2009R$0.04
Dividend09/18/200810/01/2008R$0.01
Dividend08/15/200808/25/2008R$0.04
Dividend06/20/200807/01/2008R$0.01
Dividend02/22/200804/01/2008R$0.01
Interest on equity02/22/200803/03/2008R$0.09
Interest on equity02/22/200803/03/2008R$0.17
Interest on equity11/26/200703/03/2008R$0.02
Dividend11/26/200701/02/2008R$0.01
Dividend09/18/200710/01/2007R$0.01
Interest on equity08/17/200708/27/2007R$0.05
Interest on equity02/18/2014—R$0.06
Interest on equity02/18/2014—R$0.11
Interest on equity03/05/2013—R$0.13
Interest on equity12/21/2012—R$0.11
Interest on equity03/04/2011—R$0.05
Dividend02/28/2011—R$0.01
Dividend08/31/2010—R$0.01
Dividend05/31/2010—R$0.01
Dividend02/26/2010—R$0.01
Dividend11/30/2009—R$0.01
Dividend08/31/2009—R$0.01
Dividend05/29/2009—R$0.01
Dividend02/27/2009—R$0.01
Dividend11/28/2008—R$0.01
Dividend06/21/2007—R$0.01
Interest on equity02/27/2007—R$0.11
Interest on equity02/27/2007—R$0.07
Interest on equity02/27/2007—R$0.01
Interest on equity12/19/2006—R$0.13
Interest on equity12/19/2006—R$0.01
Interest on equity09/21/2006—R$0.01
Interest on equity08/11/2006—R$0.05
Interest on equity06/23/2006—R$0.01
Interest on equity03/07/2006—R$0.03
Interest on equity03/07/2006—R$0.01
Interest on equity12/26/2005—R$0.14
Interest on equity12/26/2005—R$0.04
Interest on equity12/26/2005—R$0.01
Interest on equity09/20/2005—R$0.01
Interest on equity08/12/2005—R$0.04
Interest on equity06/23/2005—R$0.01
Interest on equity03/07/2005—R$0.01
Interest on equity03/07/2005—R$0.01
Interest on equity03/07/2005—R$0.01
Interest on equity12/07/2004—R$0.03
Interest on equity12/07/2004—R$0.01
Interest on equity12/07/2004—R$0.11
Interest on equity09/21/2004—R$0.01
Interest on equity08/13/2004—R$0.02
Interest on equity06/21/2004—R$0.01
Interest on equity03/09/2004—R$0.01
Interest on equity02/17/2004—R$0.01
Interest on equity12/16/2003—R$0.08
Interest on equity12/16/2003—R$0.06
Interest on equity12/16/2003—R$0.01
Interest on equity09/18/2003—R$0.01
Interest on equity08/15/2003—R$0.02
Interest on equity06/18/2003—R$0.01
Interest on equity03/18/2003—R$0.04
Interest on equity03/18/2003—R$0.01
Interest on equity03/18/2003—R$0.00
Interest on equity12/16/2002—R$0.05
Interest on equity12/16/2002—R$0.00
Interest on equity09/17/2002—R$0.00
Interest on equity08/13/2002—R$0.02
Interest on equity06/14/2002—R$0.00
Interest on equity04/29/2002—R$0.06
Interest on equity03/19/2002—R$0.00
Interest on equity12/28/2001—R$0.04
Interest on equity12/14/2001—R$0.00
Interest on equity09/18/2001—R$0.00
Interest on equity08/14/2001—R$0.02
Interest on equity06/19/2001—R$0.00
Interest on equity03/09/2001—R$0.03
Interest on equity03/09/2001—R$0.00
Interest on equity12/22/2000—R$0.05
Interest on equity12/19/2000—R$0.00
Interest on equity09/18/2000—R$0.00
Interest on equity08/15/2000—R$0.02
Interest on equity06/16/2000—R$0.00
Interest on equity03/21/2000—R$0.00
Interest on equity12/27/1999—R$0.06
Interest on equity12/17/1999—R$0.00
Interest on equity09/17/1999—R$0.00
Interest on equity08/13/1999—R$0.02
Interest on equity06/22/1999—R$0.00
Interest on equity03/16/1999—R$0.00
Interest on equity12/23/1998—R$0.00
Interest on equity10/02/1998—R$0.02
Dividend09/22/1998—R$0.00
Dividend08/11/1998—R$0.01
Dividend06/18/1998—R$0.00
Dividend03/03/1998—R$0.01
Dividend03/03/1998—R$0.01
Dividend03/03/1998—R$0.00
Dividend12/17/1997—R$0.00
Dividend09/16/1997—R$0.00
Dividend08/12/1997—R$0.01
Dividend06/23/1997—R$0.00
Dividend03/03/1997—R$0.01
Dividend03/03/1997—R$0.00
Dividend12/17/1996—R$0.00
Dividend09/18/1996—R$0.00
Dividend08/13/1996—R$0.00
Dividend06/18/1996—R$0.00
Dividend03/12/1996—R$0.01
Dividend03/12/1996—R$0.00
Splits, reverse splits and bonus shares
EventLast day to ownRatio
Bonus shares12/18/20252.00% in shares
Bonus shares12/03/20245.00% in shares
Bonus shares11/28/20235.00% in shares
Split11/11/202211 for 10
Split12/21/202121 for 20
Split06/01/201811 for 10
Split05/02/201611 for 10
Split05/05/201511 for 10
Split05/05/201411 for 10
Split05/02/201311 for 10
Split04/27/201211 for 10
Split05/04/200911 for 10

About S.a.

Listing segment
Level 1
Tag along
Set by the bylaws
Free float
65.73%
Shares issued
3.85B common · 7.36B preferred
Average daily trading
R$294.6M
Ibovespa weight
3.34%
Listed since
06/30/1978
CNPJ
61.532.644/0001-15
ShareholdersAs of 12/31/2026, from the Formulário de Referência filed with the CVM.
ShareholderCommonPreferredTotal
ALFREDO EGYDIO ARRUDA VILLELA FILHOControlling12.79%3.88%6.94%
ANA LÚCIA DE MATTOS BARRETTO VILLELAControlling12.79%3.62%6.77%
Fundação Antonio e Helena Zerrenner Instituição Nacional de Beneficência15.40%2.03%6.63%
FUNDAÇÃO ITAÚ11.38%0.73%4.39%
RODOLFO VILLELA MARINOControlling6.41%2.60%3.91%
RICARDO VILLELA MARINOControlling6.40%2.60%3.91%
BlackRock Inc.0.00%5.00%3.28%
ALFREDO EGYDIO SETUBALControlling3.59%0.75%1.72%
RICARDO EGYDIO SETUBALControlling3.58%0.74%1.72%
JOSÉ LUIZ EGYDIO SETUBALControlling2.89%0.72%1.46%
ROBERTO EGYDIO SETUBALControlling1.90%0.38%0.90%
CAROLINA MARINHO LUTZ SETUBALControlling1.36%0.25%0.63%
JULIA GUIDON SETUBALControlling1.36%0.25%0.63%
PAULO EGYDIO SETUBALControlling1.36%0.25%0.63%
OLAVO EGYDIO SETUBAL JÚNIORControlling0.36%0.77%0.63%
MARIANA LUCAS SETUBALControlling0.85%0.17%0.40%
PAULA LUCAS SETUBALControlling0.85%0.17%0.40%
TIDE SETUBAL SOUZA E SILVA NOGUEIRAControlling0.74%0.20%0.39%
FERNANDO SETUBAL SOUZA E SILVAControlling0.74%0.19%0.38%
LUIZA RIZZO SETUBALControlling1.08%0.00%0.37%
BRUNO RIZZO SETUBALControlling1.08%0.00%0.37%
CAMILA SETUBAL LENZ CESARControlling1.08%0.00%0.37%
GUILHERME SETUBAL SOUZA E SILVAControlling0.74%0.18%0.37%
Companhia ESAControlling0.91%0.00%0.32%
BEATRIZ DE MATTOS SETUBALControlling0.23%0.01%0.08%
GABRIEL DE MATTOS SETUBALControlling0.23%0.01%0.08%
OLAVO EGYDIO MUTARELLI SETUBALControlling0.23%0.01%0.08%
Rudric ITH Participações LtdaControlling0.08%0.04%0.05%
PAULO SETUBAL NETOControlling0.00%0.01%0.01%
MARCELO RIBEIRO DO VALLE SETUBALControlling0.00%0.01%0.00%
PATRICIA RIBEIRO DO VALLE SETUBALControlling0.00%0.01%0.00%
RODRIGO RIBEIRO DO VALLE SETUBALControlling0.00%0.01%0.00%
Outros9.56%74.37%52.10%
Ações Tesouraria0.00%0.09%0.06%

Questions about ITSA4

How much is ITSA4 today?

ITSA4 is at R$14.60 (3.11% on the day), last traded on 10/01/2026.

How much did ITSA4 pay in dividends in 2025?

ITSA4 paid R$1.82 per share in 2025, a dividend yield of 15.60%.

When is the next ITSA4 dividend?

The next announced payment is R$0.02 per share on 01/04/2027.

What are the P/E and P/B of ITSA4?

ITSA4 trades at a P/E of 9.01 and a P/B of 1.75.

How much did ITSA4 return in 12 months?

ITSA4 returned 36.54% in 12 months, with annualized volatility of 21.53% and a largest drawdown of -8.52%.