Company
Banco do Estado do Rio Grande do Sul SA
Headquarters: Porto Alegre, RS, Brazil
Employees: 9,002
CEO: Mr. Cláudio Coutinho Mendes
Market Cap
R$5.45 Billion
BRL as of Jan. 1, 2024
US$1.12 Billion
Banco do Estado do Rio Grande do Sul SA Categories
Brazil Financials Banks—RegionalBrazil Financials Brazil Banks—Regional
Top Competitors by Market Capitalization
Industry: Banks—Regional
| Company | Market Cap (USD) |
|---|---|
| HDFC Bank | $167.72 B |
| China Merchants Bank | $98.57 B |
| Al Rajhi Banking and Investment Corp | $93.33 B |
| ICICI Bank Limited | $83.47 B |
| BNP Paribas SA | $80.01 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Berkshire Hathaway | $797.77 B |
| Visa | $530.20 B |
| JPMorgan | $495.55 B |
| Mastercard | $392.71 B |
| Bank of America | $267.48 B |
Detailed Description
Banco do Estado do Rio Grande do Sul S.A., a multiple-service bank, provides a range of banking products and services primarily in Brazil, Miami, and the Grand Cayman. It provides payroll deductible, payroll, consumer, overdraft, real estate, and rural loans, as well as debit and credit cards. The company also offers international and foreign exchange services; personal insurance products, property insurance, capitalization bonds, and supplementary pension plans; and financial agent services. It operates a network of 497 branches, 138 service stations, and 427 electronic stations. The company was incorporated in 1928 and is headquartered in Porto Alegre, Brazil.
Top 1-year algo backtest: +269.94%
$10,000 in May 2023 would now be $36,994 by following this algorithm daily at market close.
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Stocks & Indices
Banco do Estado do Rio Grande do Sul SA has the following listings and related stock indices.
Stock: Bovespa: BRSR3 wb_incandescent
Stock: Bovespa: BRSR5 wb_incandescent
Stock: Bovespa: BRSR6 wb_incandescent