At the end of 2023, Itaú Unibanco was the largest bank in Brazil in terms of market capitalization. The bank had a market cap of 68.13 billion U.S. dollars, significantly higher than Banco Santander, second in the ranking. Nu Holdings, the leading digital bank in Brazil, ranked third, with a market cap of 39.6 billion U.S. dollars.
Largest banks in Brazil in 2023, by market capitalization
(in billion U.S. dollars)
Characteristic
Market capitalization in billion U.S. dollars
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CompaniesMarketCap.com. (August 21, 2024). Largest banks in Brazil in 2023, by market capitalization (in billion U.S. dollars) [Graph]. In Statista. Retrieved September 09, 2024, from https://www.statista.com/statistics/1488393/brazil-largest-banks-market-cap/
CompaniesMarketCap.com. "Largest banks in Brazil in 2023, by market capitalization (in billion U.S. dollars)." Chart. August 21, 2024. Statista. Accessed September 09, 2024. https://www.statista.com/statistics/1488393/brazil-largest-banks-market-cap/
CompaniesMarketCap.com. (2024). Largest banks in Brazil in 2023, by market capitalization (in billion U.S. dollars). Statista. Statista Inc.. Accessed: September 09, 2024. https://www.statista.com/statistics/1488393/brazil-largest-banks-market-cap/
CompaniesMarketCap.com. "Largest Banks in Brazil in 2023, By market Capitalization (in Billion U.S. Dollars)." Statista, Statista Inc., 21 Aug 2024, https://www.statista.com/statistics/1488393/brazil-largest-banks-market-cap/
CompaniesMarketCap.com, Largest banks in Brazil in 2023, by market capitalization (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1488393/brazil-largest-banks-market-cap/ (last visited September 09, 2024)
Largest banks in Brazil in 2023, by market capitalization (in billion U.S. dollars) [Graph], CompaniesMarketCap.com, August 21, 2024. [Online]. Available: https://www.statista.com/statistics/1488393/brazil-largest-banks-market-cap/