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Itau Unibanco Holding S.A.'s CEO Discusses Q2 2012 Results - Earnings Call Transcript

Itau Unibanco Holding S.A. (ITUB)

Q2 2012 Earnings Conference Call

July 25, 2012 10:00 ET

Executives

Alfredo Egydio Setubal – Executive Vice President and Investor Relations Officer

Sérgio Ribeiro da Costa Werlang – Executive Vice President, Risk Control and Finance

Caio Ibrahim David – Chief Financial Officer

Rogerio Calderon – Corporate Controller and Head of Investor Relations.

Analysts

Daniel Abut – Citi

Carlos Macedo – Goldman Sachs

Saul Martinez – JPMorgan

Mario Pierry – Deutsche Bank

Marcelo Telles – Credit Suisse

Marcelo Henriques – BTG Pactual

Victor Galliano – HSBC

Presentation

Operator

Ladies and gentlemen, thank you for standing by. We inform you that this conference call aims exclusively to discuss the earnings results of Itau Unibanco Holding regarding the Second Quarter of 2012. Queries related to Redecard’s public offering shall be addressed to the Investor Relations division of Itau Unibanco Holding. At this time, all lines are in a listen-only mode. Later, there will be a question-and-answer session and instructions to participate will be given at that time. (Operator Instructions) As a reminder, this conference is being recorded and broadcast live on www.itau-unibanco.com/ir. A slide presentation is also available on this site.

Before proceeding, let me mention that forward-looking statements are being made under the Safe Harbor of the Securities Litigation Reform Act of 1996. Actual performance could differ materially from those anticipated in any forward-looking comments as a result of macroeconomic conditions, market risks and other factors.

With us today in this conference call in Sao Paulo are Alfredo Egydio Setubal, Executive Vice President and Investor Relations Officer; Sérgio Ribeiro da Costa Werlang, Executive Vice President of Risk Control and Finance; Caio Ibrahim David, Chief Financial Officer; and Rogerio Calderon, Corporate Controller and Head of Investor Relations.

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