Brazil Banks Most Profitable, Mexico Leads Growth

PROFIT KING Itau Unibanco, Brazil's largest private bank, posted higher profits than Mexico's top 25 banks combined last year. (photo: Itau Unibanco)

Bank profits grow five times faster in Mexico than Brazil.


Brazilian banks outpace Mexico when it comes to profits, but Mexico leads the way in profit growth, according to a Latinvex analysis of Economatica data for the top 25 banks in Brazil and Mexico.

Combined, Brazil’s top 25 banks saw profits of ...

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Keywords: Banamex, Banco do Brasil, Bancomer, Banese, Banking, Banobras, Banorte, Bradesco, Brazil, HSBC, Itau Unibanco, Mexico, Santander



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