Brazilian Diversified Financials Potentially Undervalued Companies

Ameriprise Financial

Market Cap: R$42.7b

Operates as a diversified financial services company in the United States and internationally.

Western Union

Market Cap: R$2.8b

Provides money movement and payment services worldwide.

StoneCo

Market Cap: R$4.4b

Provides financial technology and software solutions to merchants and integrated partners to conduct electronic commerce across in-store, online, and mobile channels in Brazil.

PayPal Holdings

Market Cap: R$61.1b

Operates a technology platform that enables digital payments for merchants and consumers worldwide.

XP

Market Cap: R$10.1b

Provides financial products and services in Brazil.

PagSeguro Digital

Market Cap: R$2.7b

Engages in the provision of financial and payment solutions for consumers, individual entrepreneurs, micro-merchants, and small and medium-sized companies in Brazil and internationally.

Block

Market Cap: R$37.9b

Block, Inc., together with its subsidiaries, builds ecosystems focused on commerce and financial products and services in the United States and internationally.

Deutsche Bank

Market Cap: R$60.8b

A stock corporation, provides corporate and investment banking, private clients, and asset management products and services in Germany, the United Kingdom, rest of Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.

Bread Financial Holdings

Market Cap: R$2.8b

Provides tech-forward payment and lending solutions to customers and consumer-based industries in North America.

Annaly Capital Management

Market Cap: R$14.9b

A diversified capital manager, engages in the mortgage finance business.

Fiserv

Market Cap: R$34.7b

Provides payments and financial services technology solutions in the United States, Europe, the Middle East and Africa, Latin America, the Asia-Pacific, and internationally.