Foreign Regional Banks: Itau Unibanco (NYSE:ITUB), Banco Bradesco (NYSE:BBD), Deutsche Bank (NYSE:DB), Banco Santander Brasil (NYSE:BSBR)
Itaú Unibanco Holding SA (NYSE:ITUB) is projected to post revenue of $34.25 billion for the year ending December, 2014. On last trading day Itau Unibanco Holding SA (ADR) (NYSE:ITUB) ended up 0.77% higher to close at $13.14 while trading in the range of $13.06 – $13.22. Itau Unibanco Holding SA (ADR) (NYSE:ITUB) monthly performance is 4.87%.
Banco Bradesco SA (NYSE:BBD) was upgraded by Morgan Stanley to an “overweight” rating in a research note issued on Friday, Analyst Ratings Network reports. Banco Bradesco SA (ADR) (NYSE:BBD) in last trading activity ended up at $11.53 with day range of $11.36 – $11.60. Company weekly performance is 5.01% while its quarterly performance stands at -12.19%. Banco Bradesco SA (ADR) (NYSE:BBD) is -32.85% away from its 52 week high.
Deutsche Bank AG (USA) (NYSE:DB) put an end to the legal tussle with heirs of media mogul Leo Kirch by paying a sum of €775 million ($1.06 billion), excluding interest and legal fees. The latest settlement has resolved one of Germany’s hostile corporate disputes, which dragged on for more than a decade. Deutsche Bank AG (USA) (NYSE:DB) belongs to Financial sector with market capitalization of 49.03 B and has% insider ownership. In last trading activity company’s stock closed at $48.11 while opening price was $48.24.
Banco Santander Brasil SA (ADR)(NYSE:BSBR) does show upward movement in the second week of February, even as the Brazil-based bank did not have much to speak of about for its fourth quarter earnings in 2013. On Friday shares of Banco Santander Brasil SA (ADR) (NYSE:BSBR) opened at $4.87 and closed at $4.95. Next year’s estimated EPS growth is 39.62%. Analysts mean target price for Banco Santander Brasil SA (ADR) (NYSE:BSBR) is $6.32.