INSUBCONTINENT EXCLUSIVE:
Its shares appreciated by 2.44% to R$31.90, distinguishing itself on a volatile Ibovespa.This rise was triggered by Morgan Stanley upgrading
after an analysis showed that Ita often lagged during periods of easing interest rates
It experienced a notable decline in return on equity (ROE) compared to its peers.Heightened fiscal concerns in Brazil and a global shift
towards prolonged higher interest rates have led analysts to anticipate a more moderated easing cycle.The Selic rate is projected to remain
They have increased the earnings per share (EPS) projections for 2024 through 2026 by 2% to 6%.Market Opportunity and Financial Strength in
ItalyThey forecast dynamic EPS growth rates of 16%, 10%, and 8%, respectively, over these years, with ROEs anticipated to be impressively
high.The market downturn has also presented a favorable opportunity to buy into Italy, especially after a 17% correction in its ADRs
transformation in the banking sector.It continuously drives revenue growth through operational improvements
growth, robust net interest margins, and stringent cost controls
