Improving Credit Quality During Itau Unibanco's Fourth Quarter
Narrow moat rated Itau Unibanco ended 2016 on a high note. While the company has endured two years of a Brazilian recession, the bank’s credit quality saw a notable improvement during the quarter. The bank’s total NPL’s dropped to 3.4% of loans, down from 3.9% during the third quarter. Much of this improvement came from Itau Unibanco’s corporate loans that saw NPL’s fall 500 basis as a percentage of loans in the fourth quarter. Despite this positive development, we will be maintaining our fair v...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.