Share-based payment (Tables)

12 Months Ended

Dec. 31, 2021

Statement [Line Items]

Summary of Expenses on Stock Based Payment Plans

Expenses on share-based payment plans are presented in the table below:

	01/01 to 12/31/2021			01/01 to 12/31/2020			01/01 to 12/31/2019
Partner Plan		(129	)		(241	)		(242	)
Share-based plan		(381	)		(489	)		(384	)
Total		(510	)		(730	)		(626	)

Partner plan [member]

Statement [Line Items]

Summary of Changes in Share-based Compensation Plan

Change in the Partner Program

	01/01 to 12/31/2021			01/01 to 12/31/2020
	Quantity			Quantity
Opening balance		36,291,760			39,305,211
New (1)		14,583,318			10,488,126
Delivered		(11,652,700	)		(11,408,109	)
Cancelled		(2,278,382	)		(2,093,468	)
Closing balance		36,943,996			36,291,760
Weighted average of remaining contractual life (years)		1.80			1.69
Market value weighted average (R$)		16.71			23.37

(1) As a result of the reduction of the minority interest in XP Inc. and subsequent merger of Xpart S.A. (Note 3), as from October 2021, there was and increase in the number of ITUB4 shares to be delivered under the variable compensation plans.

Variable compensation [Member]

Statement [Line Items]

Summary of Changes in Share-based Compensation Plan

Change in share-based variable compensation

	01/01 to 12/31/2021			01/01 to 12/31/2020
	Quantity			Quantity
Opening balance		27,407,231			20,220,934
New (1)		21,767,235			18,329,108
Delivered		(10,818,958	)		(10,574,321	)
Cancelled		(1,541,260	)		(568,490	)
Closing balance		36,814,248			27,407,231
Weighted average of remaining contractual life (years)		1.04			1.21
Market value weighted average (R$)		23.59			31.22

(1) As a result of the reduction of the minority interest in XP Inc. and subsequent merger of XPart S.A. (Note 3), as from October 2021, there was an increase in the number of ITUB4 shares to be delivered under the variable compensation plans.