Itaú Unibanco, Bradesco and Santander realized an adjusted net profit of 59.695 billion rubles. Of these, 61.7% (36.8 billion rubles) will be distributed to shareholders over the past year in the form of dividends, interest on own funds and repurchase agreements. actions.
Itaú was the most profitable. among the three largest private banks in Brazil. Last year, the bank posted a record profit among Brazilian banks, up 24.9 billion rand, up 4.2% from the 23.9 billion earned in 2017. [19659002ThehighdividendsofItauaccordingtoValorstemfromapolicyadoptedbythebanktodealwithcapitalsurplusesInordertoavoidanevengreater"surplus"theinstitutionloweredtheceilingwhichlimiteddividendsto45%ofnetincome
The amount of dividends and interest on paid-up capital increased by 81%, from R $. R $ 10,728 to 20,249 billion in 2018
Compared to competing banks, Itaú's distribution was 60% higher than that of Santander and Bradesco combined.
The dividends paid by Bradesco amounted to R6 483 billion, while those of Santander rose to R6 126 billion.
Possible taxation of dividends
The Minister of Economy, Paulo Guedes, has already confirmed that it is possible that the government begins to impose dividends and interest on capital in exchange for A reduction The tax rate and the social contribution of companies rose from around 34% to around 15%
According to information provided by Valor, the President of Santander and the President of Itaú were in favor of this measure.
Sergio Rial de Santander said that he was "in better health" than a high structural tax, but he also argued in favor of a review of indirect taxes. a bank that develops its activities abroad, citing that taxes in Brazil are of the order of 40%.
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