Banco do Brasil

Brazilian financial services provider Banco do Brasil is based in the Brazilian capital city of Brasilia. John VI, King of Portugal, formed it on October 12, 1808. It is the oldest bank in Brazil and one of the oldest banks still in existence.

It is the seventh-largest bank in the world and the second-largest bank in Brazil, Latin America, and the entire planet. The Brazilian government controls Bank do Brasil, which is traded on the B3 stock exchange in Sao Paulo. Together with Ita Unibanco, Banco Bradesco, and Banco Santander, it has been one of the four most profitable Brazilian banks since 2000 and has a commanding lead in retail banking.

The market capitalization of Banco do Brasil was $21.45 billion as of March 2023. By market capitalization, Banco do Brazil is now the 795th most valuable firm in the world. The most recent financial reports for Banco do Brazil show that the company's current revenue (TTM) is $22.20 billion. The corporation generated $18.03 billion in revenue in 2021, a rise from $16.32 billion in revenue in 2020.

Founded: October 12, 1808
Headquarters: Brasilia, Federal District, Brazil
Website: bb.com.br