Itau Unibanco Holding ITUB has outperformed the market over the past 20 years by 1.25% on an annualized basis producing an average annual return of 9.13%. Currently, Itau Unibanco Holding has a market capitalization of $41.62 billion.
Buying $1000 In ITUB: If an investor had bought $1000 of ITUB stock 20 years ago, it would be worth $5,142.14 today based on a price of $4.47 for ITUB at the time of writing.
Itau Unibanco Holding's Performance Over Last 20 Years
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.