The Year-To-Date Returns Of Exchange-Listed Foreign Bank ADRs

Foreign bank stocks listed on the US exchanges are down significantly so far this year. In fact, except Deutsche Bank, all these ADRs are in the deep red as shown in the chart and table below. Banco de Chile is the only bank ADR with a a relatively low loss of about 10%. Some of the banks are off by 50% or more. For example Bancolombia (CIB) of Colombia is down by mover 50%.From developed world banks to emerging world banks, all are in the negative territory.

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Year-to-date returns of foreign bank stocks – Table:

S.No.Bank NameTickerYTD % Change (as of July 13,2020)
1Deutsche BankDB25.06%
2Banco de ChileBCH-10.39%
3Mizuho FinancialMFG-20.06%
4Credit SuisseCS-22.30%
5Sumitomo Mitsui FinancialSMFG-23.21%
6Banco BBVA Argentina S.A.BBAR-23.88%
7Banco Santander ChileBSAC-25.53%
8HDFC BankHDB-25.80%
9Westpac BankingWBK-27.09%
10Mitsubishi UFJ FinancialMUFG-27.81%
11Woori Financial Group Inc.WF-28.85%
12KB Financial GroupKB-29.80%
13Grupo Financiero GaliciaGGAL-30.13%
14Shinhan FinancialSHG-34.75%
15Banco Bilbao Vizcaya ArgentariaBBVA-36.74%
16ICICI BankIBN-37.51%
17Barclays BankBCS-37.92%
19Banco SantanderSAN-40.10%
20Banco MacroBMA-40.25%
21Itau UnibancoITUB-45.57%
23Banco BradescoBBD-50.25%
24Royal Bank of ScotlandRBS-52.02%
25Banco Bradesco - ComBBDO-52.34%
26Itau CorpbancaITCB-54.12%
27Lloyds Banking GroupLYG-54.98%
28Banco Santander BrasilBSBR-56.06%

Source: BNY Mellon

Disclosure: Long many of the banks listed above including CIB

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