WallStSmart

Itau Unibanco Banco Holding SA (ITUB)vsNorthrim BanCorp Inc (NRIM)

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Smart Verdict

WallStSmart Research — data-driven comparison

Itau Unibanco Banco Holding SA generates 66413% more annual revenue ($138.95B vs $208.90M). ITUB leads profitability with a 32.3% profit margin vs 30.9%. NRIM trades at a lower P/E of 8.0x. ITUB earns a higher WallStSmart Score of 76/100 (B+).

ITUB

Strong Buy

76

out of 100

Grade: B+

Growth: 6.0Profit: 8.0Value: 8.0Quality: 5.0

NRIM

Strong Buy

70

out of 100

Grade: B-

Growth: 8.0Profit: 8.0Value: 8.3Quality: 5.8
Piotroski: 5/9
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Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ITUBOvervalued (-10.1%)

Margin of Safety

-10.1%

Fair Value

$8.69

Current Price

$8.21

$0.48 premium

UndervaluedFair: $8.69Overvalued
NRIMUndervalued (+66.1%)

Margin of Safety

+66.1%

Fair Value

$75.54

Current Price

$22.79

$52.75 discount

UndervaluedFair: $75.54Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ITUB6 strengths · Avg: 9.7/10
P/E RatioValuation
10.2x10/10

Attractively priced relative to earnings

Profit MarginProfitability
32.3%10/10

Keeps 32 of every $100 in revenue as profit

Operating MarginProfitability
37.3%10/10

Strong operational efficiency at 37.3%

Free Cash FlowQuality
$45.01B10/10

Generating 45.0B in free cash flow

Market CapQuality
$86.41B9/10

Large-cap with strong market position

Return on EquityProfitability
21.0%9/10

Every $100 of equity generates 21 in profit

NRIM6 strengths · Avg: 9.3/10
P/E RatioValuation
8.0x10/10

Attractively priced relative to earnings

Profit MarginProfitability
30.9%10/10

Keeps 31 of every $100 in revenue as profit

Operating MarginProfitability
34.5%10/10

Strong operational efficiency at 34.5%

Return on EquityProfitability
21.8%9/10

Every $100 of equity generates 22 in profit

Debt/EquityHealth
0.299/10

Conservative balance sheet, low leverage

Price/BookValuation
1.5x8/10

Reasonable price relative to book value

Areas to Watch

ITUB1 concerns · Avg: 4.0/10
EPS GrowthGrowth
2.8%4/10

2.8% earnings growth

NRIM1 concerns · Avg: 3.0/10
Market CapQuality
$505.25M3/10

Smaller company, higher risk/reward

Comparative Analysis Report

WallStSmart Research

Bull Case : ITUB

The strongest argument for ITUB centers on P/E Ratio, Profit Margin, Operating Margin. Profitability is solid with margins at 32.3% and operating margin at 37.3%. Revenue growth of 11.0% demonstrates continued momentum.

Bull Case : NRIM

The strongest argument for NRIM centers on P/E Ratio, Profit Margin, Operating Margin. Profitability is solid with margins at 30.9% and operating margin at 34.5%. Revenue growth of 17.2% demonstrates continued momentum.

Bear Case : ITUB

The primary concerns for ITUB are EPS Growth.

Bear Case : NRIM

The primary concerns for NRIM are Market Cap.

Key Dynamics to Monitor

ITUB profiles as a mature stock while NRIM is a growth play — different risk/reward profiles.

NRIM carries more volatility with a beta of 0.93 — expect wider price swings.

NRIM is growing revenue faster at 17.2% — sustainability is the question.

ITUB generates stronger free cash flow (45.0B), providing more financial flexibility.

Bottom Line

ITUB scores higher overall (76/100 vs 70/100), backed by strong 32.3% margins and 11.0% revenue growth. NRIM offers better value entry with a 66.1% margin of safety. Both earn "Strong Buy" and "Strong Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Itau Unibanco Banco Holding SA

FINANCIAL SERVICES · BANKS - REGIONAL · USA

Ita Unibanco Holding SA offers a range of financial products and services in Brazil and internationally. The company is headquartered in So Paulo, Brazil.

Northrim BanCorp Inc

FINANCIAL SERVICES · BANKS - REGIONAL · USA

Northrim BanCorp, Inc. is the banking holding company for Northrim Bank offering commercial banking products and services to businesses and professionals. The company is headquartered in Anchorage, Alaska.

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