The Brazilian financial system continues to show resilience and steady growth in 2025, with total assets reaching BRL 17.2 trillion as of June 2025, representing a 1.7% quarterly increase, according to the latest report published by RankingsLatAm.com, titled Brazil Banking Market Rankings 2025. This comprehensive study—based on financial data from financial statements from more than 1,400 banks, finance companies, and cooperatives—offers an in-depth view of the competitive dynamics shaping Latin America’s largest financial market.
The report also highlights the strong financial performance of the system, with a net profit of BRL 128.5 billion recorded in the first half of 2025. Itaú once again leads profitability rankings, reporting a net result of BRL 22.3 billion, followed by BNDES (BRL 12.4 billion), Bradesco (BRL 12.0 billion), and the fast-growing Nubank & Nu Pagamentos (BRL 11.4 billion). Other top performers include Banco do Brasil (BRL 10.2 billion), Caixa Econômica Federal (BRL 8.7 billion), Santander (BRL 7.5 billion), BTG Pactual (BRL 7.2 billion), Safra (BRL 2.2 billion), and Redecard Instituição de Pagamento (BRL 1.8 billion).
The Brazil Banking Rankings 2025 report by RankingsLatAm.com is available in two versions. The free edition allows readers to access the latest ranking of financial entities by total assets, while the premium edition provides a deeper analytical view, covering detailed financial statements for 2024 and mid-2025. This includes segmented data by assets, credit portfolio, liabilities, deposits, equity, and net results, as well as geographical breakdowns by district and city.
Brazil’s financial system remains one of the most diversified and competitive in Latin America, combining large traditional banks with a growing number of fintechs, digital banks, and cooperative institutions. As digital transformation and sustainable finance continue to reshape the sector, understanding the competitive positioning of each player has become essential.