Leading banks in Brazil 2023, by net income
Two of the five largest Brazilian banks reported net profits exceeding 30 billion Brazilian reals, highlighting a significant gap between the top two and the remaining three leading banks. In 2023, Banco do Brasil reported a net income of 35.6 billion Brazilian reals, the highest among the observed banks. Itaú Unibanco followed closely with a net income of 33.88 billion Brazilian reals.