Business · Companies · 9 hrs ago
Itaúsa's recurring profit rises 25% to R$5.1 billion in third quarter
Itaúsa reported recurring net profit of R$5.1 billion in the third quarter, up 25% from the same period last year.
The Brazilian holding company controls Itaú Unibanco and has investments in businesses including gas pipelines, water and sanitation, and consumer goods.
Its non-financial results more than doubled to R$593 million, from R$267 million a year earlier.
The increase was led by NTS, whose recurring result rose to R$213 million from R$84 million.
Dexco was the only group company to post a loss, at R$10 million for the quarter.
Itaúsa's return on equity rose to 20.7%, while its net debt increased 29% to R$901 million.
The debt increase partly reflected R$1.2 billion in capital contributions to Aegea during 2026.
Itaúsa reported recurring net profit of R$5.1 billion for the third quarter, up 25% from the same period a year earlier.
Its non-financial sector result more than doubled to R$593 million, with pipeline company NTS leading the increase.
NTS’s recurring result rose to R$213 million from R$84 million a year earlier.
Dexco was the only group company to report a loss, at R$10 million.
Itaúsa’s net debt increased 29% to R$901 million, partly reflecting capital contributions to Aegea.
- Who
- Itaúsa, the holding company that controls Itaú Unibanco.
- What
- It reported recurring net profit of R$5.1 billion, up 25% year on year.
- When
- Third quarter of 2026. The results were presented on November 9.
- Where
- Not stated
- Why
- The non-financial sector result more than doubled, driven by NTS.
This story does not have two clearly opposing sides.
NTS recorded a recurring result of R$84 million.
Itaúsa reported recurring net profit of R$5.1 billion, while NTS recorded a recurring result of R$213 million.
- Recurring net profit
- R$5.1 billion
- Year-on-year profit growth
- 25%
- Non-financial sector result
- R$593 million
- NTS recurring result
- R$213 million
- Net debt
- R$901 million
- Aegea capital contributions in 2026
- R$1.2 billion