9. Itau Unibanco ( ITUB) provides banking services in Brazil and is the tenth largest bank in the world by market value. The bank's first quarter results topped estimates. Net interest income increased 14.7% to $7.2 billion, driven by rapid growth of advances. However, there was some margin contraction in the March quarter. Overall, advances at the end of March were 21% higher than the same period last year. The risk of bad loans looms large as the bank made higher provisions sequentially. The Tier-1 capital ratio at the end of the March quarter was 15.8% and capital adequacy ratio was 15.2%. Provision for loan loss stood at $1.9 billion, increasing 21% sequentially and 6.5% from the same period last year. Overall, net profit improved 14.8% in the March quarter. On a higher equity base, return on equity for the quarter was 23.4% compared to 24.4% a year back. The stock could deliver up to 24% in the next one year. Of the 13 analysts covering the stock, 9 rate a buy. There are no sell ratings for the stock, as per Bloomberg consensus.