As of September 2019, Banco Bradesco led the ranking of leading banks in Brazil based on equity value. As of that point in time, this financial institution reported equity amounting to nearly 34 billion U.S. dollars. It was followed by Itaú Unibanco, with an equity value of over 33 billion dollars.
Leading banks in Brazil in 2019, based on equity value
(in billion U.S. dollars)
According to Investopedia, "equity is the value of an asset less the amount of all liabilities on that asset. It can be represented with the accounting equation: Assets - Liabilities = Equity."
In the original source, equity is expressed in Spanish as "patrimonio".
Figures have been rounded.
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AméricaEconomía. (March 31, 2020). Leading banks in Brazil in 2019, based on equity value (in billion U.S. dollars) [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/857506/leading-banks-brazil-equity-value/
AméricaEconomía. "Leading banks in Brazil in 2019, based on equity value (in billion U.S. dollars)." Chart. March 31, 2020. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/857506/leading-banks-brazil-equity-value/
AméricaEconomía. (2020). Leading banks in Brazil in 2019, based on equity value (in billion U.S. dollars). Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/857506/leading-banks-brazil-equity-value/
AméricaEconomía. "Leading Banks in Brazil in 2019, Based On equity Value (in Billion U.S. Dollars)." Statista, Statista Inc., 31 Mar 2020, https://www.statista.com/statistics/857506/leading-banks-brazil-equity-value/
AméricaEconomía, Leading banks in Brazil in 2019, based on equity value (in billion U.S. dollars) Statista, https://www.statista.com/statistics/857506/leading-banks-brazil-equity-value/ (last visited October 31, 2024)
Leading banks in Brazil in 2019, based on equity value (in billion U.S. dollars) [Graph], AméricaEconomía, March 31, 2020. [Online]. Available: https://www.statista.com/statistics/857506/leading-banks-brazil-equity-value/
