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    Gustavo

    Wall Street Analyst at Citibank

    Gustavo Schroden is a Wall Street Analyst at Citibank, specializing in the general sector with a focus on the US market. He covers six major companies, including Nu Holdings Ltd., and has achieved a strong performance record, with a 75% success rate and an average return of 13.8% per rating over the past year, ranking him #4,754 out of 9,389 Wall Street analysts. Gustavo began covering stocks at Citi in 2022 and is recognized among the expert analysts tracked by TipRanks. His professional credentials include active analyst coverage for listed investment firms and ongoing coverage in global markets.

    Gustavo's questions to Itau Unibanco Holding (ITUB) leadership

    Gustavo's questions to Itau Unibanco Holding (ITUB) leadership • Q2 2025

    Question

    Gustavo from Citibank asked for an evaluation of the evolution of the private payroll loan product (Consignado Privado) and how Itaú aims to position itself in this growing market.

    Answer

    President & CEO Milton Maluhy Filho described it as a product in evolution where Itaú has been involved since its inception, allowing the bank to learn and build a robust strategy. He noted that Itaú is focused on specific target clients, growing with quality and competitive pricing, and has achieved a market share of production around 11-12%. While the product doesn't 'move the needle' yet, he expressed excitement about its progress and future potential.

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