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Three Brazilian Financial Shares Fall More Than 20% in U.S. Trading

Banco Bradesco fell 28.6%, while Itaú Unibanco and Nu Holdings lost 20.5% and 20.4%, respectively.

Updated 1 min read
Commuters pass the New York Stock Exchange on Wall Street beneath an overcast autumn sky. (AI-generated image / EconoTimes)
Commuters pass the New York Stock Exchange on Wall Street beneath an overcast autumn sky. (AI-generated image / EconoTimes)

U.S.-listed shares of five Brazilian companies remained lower Monday, with three financial firms down more than 20% around 9:57 a.m. ET (13:57 UTC), the steepest losses in the group.

Banco Bradesco recorded the largest fall, at 28.6%. Nu Holdings lost 20.4%, and Itaú Unibanco declined 20.5%. The three financial names were the only shares in the group to post losses above 20%, with Bradesco falling more than eight percentage points more than either peer.

Petrobras, an oil producer, was down 15.8%, while aircraft maker Embraer fell 4.8%, the smallest decline. The five companies span banking, financial technology, oil production and aircraft manufacturing.

The figures describe U.S.-listed shares on Oct. 26, 2026, during Monday morning trading. By the time of the snapshot, all five had recouped some of their earlier declines but remained lower.

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