Itaúsa S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 14, 2022
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Itaúsa S.A. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was BRL 2,214 million compared to BRL 1,974 million a year ago. Net income was BRL 3,076 million compared to BRL 3,514 million a year ago.
For the six months, sales was BRL 4,345 million compared to BRL 3,742 million a year ago. Net income was BRL 6,795 million compared to BRL 5,721 million a year ago.
Itausa Investimentos Itau SA is a Brazil-based company primarily engaged in the banking sector. The Company's activities are divided into two business segments: Financial and Industrial. The Financial division focuses on managing Itau Unibanco Holding SA, a banking institution that offers financial products and services, such as loans, credit cards, current accounts, insurance policies, investing tools, securities brokerage, treasury and investment advice, to individual and corporate customers. The Industrial division is responsible for operating Itautec SA, which manufactures commercial and banking automation equipment, as well as provides information technology (IT) services; Duratex SA, which produces wood panels, bathroom porcelain and metal sanitary fittings, and Alpargatas, which produces footwear under Juntas, Havaianas e Dupe brands, among others.
ITAÚSA S.A. 
