BTG Pactual becomes Latin America's third-largest bank by market value

valor.globo.com (Portuguese)

BTG Pactual has surpassed Bradesco and Banco do Brasil in market value, becoming the third-largest bank in Latin America. The bank's market capitalization now stands at R$ 179.8 billion, trailing only Nubank and Itaú Unibanco in the region. This rise follows record profits and strong performance in its stock. BTG Pactual's growth is attributed to its diversified revenue streams, strong client acquisition in wealth management and asset management, and operational leverage, according to analysts.


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BTG Pactual becomes Latin America's third-largest bank by market value | News Minimalist