Top 10 Largest Financial Service Companies in Portugal
In this post, let's examine 10 of the largest financial services companies in Portugal, ranked by market capitalization. Go directly to other related articles ... read more...on Toplist if you want to see more of the largest financial companies in other regions ranked by market capitalization.
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The biggest private bank in Portugal was established in 1985 and is called the Portuguese Commercial Bank (Portuguese: Banco Comercial Português, BCP). Miguel Maya Dias Pinheiro serves as BCP's current chief executive officer. BCP is a constituent of the Euronext 100 stock index.
Although BCP is headquartered in Porto, Greater Lisbon's Oeiras serves as the area's operational hub. It runs ActivoBank, Banque BCP, and a branch that was rebranded and redesigned as Millenium BCP in 2004. It has over 695 outlets in Portugal and around 4.3 million consumers worldwide. In 2017, it was rated 1,623rd among the largest corporations in the world.
Bank Comercial Português (Millennium bcp) has a market cap of $3.44 billion as of April 2023. By market capitalization, Banco Comercial Português (Millennium bcp) is now the 2929th most valuable corporation in the world. The most recent financial reports for Banco Comercial Português (Millennium bcp) show that the company's current revenue (TTM) is $2.89 billion. The company's revenue in 2021 was $2.84 billion, down from $3.53 billion in 2020.
Founded: 1985
Headquarter: Porto, Portugal
Website: www.millenniumbcp.pt -
With over 18,000 new contracts signed globally in 2014, BNP Paribas continued to dominate the market as a major employer. BNP Paribas offers customers the banking solutions they require to accomplish their objectives, whether they are located in Europe or elsewhere in the world. For retail clients, business owners, SMEs, major corporations, institutional investors, and non-profit organizations, our employees provide customized services. Retail Banking & Services and Corporate & Institutional Banking are two of BNP Paribas' two primary divisions. The company is a top provider of banking and financial services.
BNP Paribas' market cap as of April 2023 is $76.66 billion. BNP Paribas is now the 183rd most valuable corporation in the world based on market cap. The most recent financial reports from BNP Paribas indicate that the company's current revenue (TTM) is $68.14 billion. The company's revenue in 2021 increased from its revenue in 2020, which was $69.54 billion, to $72.81 billion.
Founded: 2000
Headquarters: Paris, France
Website: www.group.bnpparibas -
Spanish global financial services provider Banco Santander, S.A., has offices in Santander and Madrid. In addition, Santander, the 16th-largest banking organization in the world, keeps a presence in all major financial hubs. Although it is best known for its banking operations in Europe, it has recently expanded operations into continental Asia and North and South America. The Financial Stability Board views this bank as being of systemic importance.
Numerous subsidiaries, including Abbey National, have changed their names to Santander. The firm is a part of the Euro Stoxx 50 stock market index. Santander was listed as the 37th largest public company in the world by Forbes Global 2000 in May 2016. The biggest bank in Spain is Santander.
Santander's market value was $58.86 billion as of March 2023. Santander is now ranked as the 251st most valuable corporation in the world by market cap. The most recent financial reports from Santander indicate that the company's current revenue (TTM) is $54.62 billion. The corporation generated $56.32 billion in revenue in 2021, an increase from $54.12 billion in revenue in 2020.
Founded: 15 May 1857
Headquarters:- Santander (legal headquarters) and Boadilla del Monte,
- Community of Madrid (operating headquarters), Spain
Website: www.santander.com
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Banking services are provided by the British-Lithuanian neobank and financial technology startup Revolut. Within the European Union, Revolut Bank UAB is authorized and governed by the Bank of Lithuania. Nikolay Storonsky and Vlad Yatsenko created it in 2015, with its main office in London. It provides accounts with currency exchange, virtual and debit cards, Apple Pay, interest-bearing "vaults," stock trading, cryptocurrency, commodities, and other services.
Revolut increased its personnel from 1,500 to 6,000 in 2020 and expanded into Japan and the US. It was profitable in November 2020 and had a valuation of £4.2 billion, making it the most valuable fintech company in the UK. Revolut submitted an application for a UK banking license in January 2021; however, the decision was still pending as of December 2022. The company was valued at US$33 billion after a US$800 million investment round in July 2021, making it the most valuable UK tech startup at the time.Founded: 2015
Headquarters: London, United Kingdom
Website: www.revolut.com -
The international corporate, investment, insurance, and financial services division of Groupe BPCE is called Natixis. With 35 million customers divided across two retail banking networks, Banque Populaire and Caisse d'Epargne, Groupe BPCE is the second-largest banking firm in France.
The three main business lines at Natixis—corporate and investment banking, investment solutions and insurance, and specialized financial services—are home to more than 16,000 individuals who specialize in a variety of fields. Natixis, a major actor on the world stage, has its own clientele of corporations, financial institutions, and institutional investors in addition to the clientele of people, professionals, and small and medium-sized businesses that use the banking networks of Groupe BPCE.Natixis' market cap as of April 2023 is $14.94 billion. By market cap, Natixis is now the 1089th most valuable corporation in the world. The most recent financial reports from Natixis indicate that the company's current revenue (TTM) is $9.25 billion. The company generated $8.75 billion in revenue in 2020, which is a decline from $9.72 billion in revenue in 2019.
Founded: 2006
Headquarters: Paris, France
Website: www.natixis.com -
The only thing that never changes in the financial world is change. BNP Paribas Securities Services is committed to offering the worldwide reach and value-added solutions their clients need to take full advantage of the opportunities that change has to offer as globalization, economic transformation, and regulatory upheaval proceed quickly.
They have a partner in us who is sympathetic to their problems and knowledgeable about the nuances of the securities services industry. They are among the top providers around the globe, and they have the know-how, the track record, and the financial resources to keep developing solutions for the future.
They are one of the top asset servicing banks in the business (*) and a fully owned subsidiary of the BNP Paribas Group. Clients' assets are secure with them, their risk is reduced, and they provide them with access to knowledge beyond asset servicing.Founded: 1848
Headquarters: Paris, France
Website: securities.bnpparibas.com -
Ita Unibanco is a financial services provider with its head office in Sao Paulo, Brazil. Ita Unibanco was created in 2008 with the union of Banco Ita and Unibanco. It is the biggest bank in Brazil, the biggest in Latin America, and the 71st biggest bank in the entire globe. The bank is listed on the NYSE in New York and the B3 in Sao Paulo.
Ita Unibanco is active in the following countries: China, Hong Kong, Japan, the United Arab Emirates, and Argentina, Brazil, Chile, Colombia, Panama, Paraguay, the United States, and Uruguay in the Americas. It has more than 33,000 service locations worldwide, including 4,335 branches in Brazil, as well as almost 45,000 ATMs and 55 million customers.
Its parent firm is Itasa, a sizable Brazilian conglomerate that is included among the top 500 global corporations by Fortune magazine. Asuncion, Buenos Aires, Cayman Islands, Dubai, Hong Kong, Lisbon, London, Luxembourg, Montevideo, Nassau, New York City, Miami, Santiago, Shanghai, Tokyo, and Zurich are among the locations outside of Brazil where Ita Unibanco has offices. The bank was regarded as Brazil's most valuable brand in 2022.
Ita Unibanco's market cap was $44.57 billion as of March 2023. This places Ita Unibanco as the 367th most valuable company in the world according to market cap. The most recent financial reports from Ita Unibanco indicate that the company's current revenue (TTM) is $26.90 billion. The corporation generated $22.50 billion in revenue in 2021, an increase from $17.44 billion in revenue in 2020.Founded: 4 November 2008
Headquarter: São Paulo, São Paulo, Brazil
Website: www.itau.com -
In 2019, Mastercard Corporation, a listed payment service provider with headquarters in Purchase, New York, employed about 18,600 employees. One of the two principal international firms for payment cards, together with VISA, is Mastercard (credit cards, debit cards, and prepaid cards).
For the production of their cards and the hiring of contractors, Mastercard grants licenses to banks all over the world (acquiring licenses). Almost 35 million contracting businesses accept Mastercard, and there are about a million cash payment offices worldwide (as of 2014).
MasterCard's market capitalization as of March 2023 is $332.98 billion. By market cap, this places Mastercard as the 20th most valuable firm in the entire globe. The most recent financial reports from Mastercard indicate that the company's current revenue (TTM) is $22.23 billion. The corporation generated $18.88 billion in revenue in 2021, a rise from $15.30 billion in revenue in 2020.
Founded: 1966
Headquarters: 2000 Purchase Street, Purchase, New York, U.S.
Website: mastercard.com -
With its headquarters in Frankfurt, Germany, Deutsche Bank AG is a multinational investment bank and provider of financial services that is dual-listed on the New York Stock Exchange and the Frankfurt Stock Exchange. It was established in 1870 and has since expanded through a number of acquisitions, including that of Disconto-Gesellschaft in 1929 (as a result of which it was referred to as "DeDi-Bank" from 1929 to 1937), 580 Bankers Trust in 1998, and Deutsche Postbank in 2010.
The bank's network covered 58 countries as of 2018, with a significant presence in Europe, the Americas, and Asia. According to total assets, Deutsche Bank was the world's 21st-largest bank as of 2021, and it ranked 93rd globally in terms of market value. Despite the Sparkassen-Finanzgruppe having a significant advantage in terms of total assets, it is frequently referred to as the largest German banking institution because it is a part of the DAX stock market index. The Financial Stability Board has recognized Deutsche Bank as a globally systemically important bank since 2011.The market capitalization of Deutsche Bank as of April 2023 is $21.17 billion. By market cap, this places Deutsche Bank as the 816th most valuable corporation in the world. The most recent financial reports from Deutsche Bank indicate that the company's current revenue (TTM) is $28.24 billion. The corporation generated $29.76 billion in revenue in 2021, an increase from $27.42 billion in revenue in 2020.
Founded: 10 March 1870
Headquarters: Deutsche Bank Twin TowersFrankfurt, Germany
Website: db.com -
An international universal bank with its main office in London, England, is called Barclays. With the assistance of a service provider, Barclays Execution Services, Barclays works as two divisions: Barclays UK and Barclays International. The City of London's goldsmith banking industry, which was founded in 1690, is where Barclays gets its name.
In 1736, James Barclay joined as a partner in the company. Twelve banks, including Goslings Bank, Backhouse's Bank, and Gurney, Peckover, and Company, from London and the English provinces, merged to form Barclays and Co. in 1896. Barclays grew during the ensuing decades to become an international bank. Barclays installed the first cash dispenser in history in 1967. In 1918, Barclays acquired the London, Provincial, and South Western Banks as well as the British Linen Company.Many businesses have been acquired by Barclays, including the Woolwich in 2000, the London, Provincial, and South Western Bank in 1918, the British Linen Bank in 1919, the Mercantile Credit in 1975, and the North American operations of Lehman Brothers in 2008.
Barclays' market capitalization as of April 2023 is $29.52 billion. By market cap, this places Barclays as the 604th most valuable corporation in the world. The most recent financial reports from Barclays state that the company's current revenue (TTM) is $30.34 billion. The corporation generated $29.92 billion in revenue in 2021, a rise from $27.56 billion in revenue in 2020.
Founded: 17 November 1690
Headquarters: London, England, UK
Website:www.home.barclays