Earnings per share (Tables)

12 Months Ended

Dec. 31, 2021

Net income attributable to ITAÚ UNIBANCO HOLDING’s shareholders is divided by the average number of outstanding shares in the period, excluding treasury shares.


	01/01 to 12/31/2021			01/01 to 12/31/2020			01/01 to 12/31/2019
Net income attributable to owners of the parent company		26,760			18,896			27,113
Minimum non-cumulative dividends on preferred shares		(106	)		(106	)		(105	)
Retained earnings to be distributed to common equity owners in an amount per share equal to the minimum dividend payable to preferred equity owners		(109	)		(109	)		(109	)
Retained earnings to be distributed, on a pro rata basis, to common and preferred equity owners:
Common		13,462			9,491			13,693
Preferred		13,083			9,190			13,206
Total net income available to equity owners:
Common		13,571			9,600			13,802
Preferred		13,189			9,296			13,311
Weighted average number of outstanding shares
Common		4,958,290,359			4,958,290,359			4,958,290,359
Preferred		4,818,741,579			4,801,324,161			4,781,855,588
Basic earnings per share – R$
Common		2.74			1.94			2.78
Preferred		2.74			1.94			2.78

b) Diluted earnings per share

Calculated similarly to the basic earnings per share; however, it includes the conversion of all preferred shares potentially dilutable in the denominator.


	01/01 to 12/31/2021			01/01 to 12/31/2020			01/01 to 12/31/2019
Net income available to preferred equity owners		13,189			9,296			13,311
Dividends on preferred shares after dilution effects		75			41			64
Net income available to preferred equity owners considering preferred shares after the dilution effect		13,264			9,337			13,375
Net income available to ordinary equity owners		13,571			9,600			13,802
Dividend on preferred shares after dilution effects		(75	)		(41	)		(64	)
Net income available to ordinary equity owners considering preferred shares after the dilution effect		13,496			9,559			13,738
Adjusted weighted average of shares
Common		4,958,290,359			4,958,290,359			4,958,290,359
Preferred		4,873,042,114			4,843,233,835			4,826,925,107
Preferred		4,818,741,579			4,801,324,161			4,781,855,588
Incremental as per share-based payment plans		54,300,535			41,909,674			45,069,519
Diluted earnings per share – R$
Common		2.72			1.93			2.77
Preferred		2.72			1.93			2.77