Latin American Bank Stocks Performance
Short post today.
The following table shows the performance of Latin American bank stocks so far this year:
| Bank Name | Ticker | Country | Year-To-Date Change |
|---|---|---|---|
| Banco Macro | BMA | Argentina | -25.22% |
| BBVA Banco Frances | BFR | Argentina | -37.07% |
| Grupo Financiero Galicia | CGAL | Argentina | -38.39% |
| Banco Bradesco | BBD | Brazil | -24.52% |
| Banco Itau | ITU | Brazil | -15.42% |
| Unibanco | UBB | Brazil | -27.73% |
| Banco de Chile | BCH | Chile | -14.38% |
| Banco Santander Chile | SAN | Chile | -16.08% |
| Corpbanca | BCA | Chile | -33.41% |
| Bancolombia | CIB | Colombia | -16.37% |
The two Chilean banks Banco Santander and Banco de Chile and the Colombian bank BanColombia are down less than 20% year-to-date. The Brazilian bank Itau is performing well than Banco Bradesco and Unibanco.All the Argentine stocks are down considerably.
Investors interested in Latin American bank stocks may want to keep an eye on these stocks thru the reminder of the year.
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