Itaú Unibanco Holding
Q1 2022 Earnings Call
May 09, 2022, 9:00 a.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Renato Jacob
Hello. Good morning, everyone. I'm Renato Lulia. I'm the investor relations director and market intelligence of Itau Unibanco.
Thank you for taking part on our video conference to talk about the earnings call, the earnings results of the first quarter of 2022. This event is being transmitted directly from our first Investment Center Itau Personnalite, so just launched at Faria Lima, the financial center of Sao Paulo. Here we offer a personalized experience for all of our clients that desire an onsite service to make these financial decisions. And also we have here rooms for meeting, for video conference in the studio for seeing and transmitting our results.
And we're going to talk about the questions and answers from the studio. I'll give you more instructions to better use this session. For those of you that are accessing the website, you have three options of audio or the content in Portuguese or the content in English and the original audio. In the first two alternatives, we will have simultaneous translation.
To choose your option, just choose the flag at the left-hand corner, you can submit your questions via WhatsApp. You just have to submit to press the button on the screen. For those of you that are accessing via the website or submit a message on the number 1199-145-458, the presentation there will be presented here today is available for download at the website and also at our IR website, Investor Relations website. Now let's start the presentation of the results of the first quarter of 2022.
Milton, the floor is yours.
Milton Maluhy Filho -- President
Good morning, everyone. Welcome to our earnings call, earnings results of the first quarter of 2022. First of all, I'm going to give you some quality, quantity information, qualifying the results of the first quarter. And then we're going to do the Q&A traditional at the end of the presentation.
I wanted to start the presentation talking about our results, recurring results. If we compare it to the fourth quarter of 2021, we got a result of BRL 7.4 billion. And when we look exclusively at Brazil, we have a result of BRL 6.7 billion. So I would like to highlight that in a consolidated, we've been working with an ROE of 20.4%, which is a very robust one and looking at Brazil, exclusively the Brazilian operation, and ROE of 21%, a return on investment.