NEW YORK ( TheStreet) -- Barclays ( BCS), Bank of America ( BAC), Citigroup ( C), Credit Suisse ( CS), Banco Satander ( BSBR), Wells Fargo ( WFC), BBVA Banco Frances ( BFR), Grupo Financiero Galicia ( GGAL), Itau Unibanco ( ITUB) and UBS ( UBS) have upside potential of 30% to 81%, based on analysts' consensus estimate of 12-month price targets.

We have identified bank stocks from the U.S., Brazil, Argentina, Switzerland and the U.K.

These stocks have mean upside value of 45%, according to a Bloomberg poll, and a mean buy rating of 63%.

In comparison, Royal Bank of Canada ( RY), M&T Bank Corporation ( MTB), Banco Santander Chile ( SAN), Bank of Nova Scotia ( BNS) and HSBC Holding ( HBC), offer lower mean upside potential, based on a Bloomberg consensus

10. Wells Fargo ( WFC) is a diversified financial services company offering banking, mortgage banking and investment banking services.

Average loans during the March quarter were $754.1 billion, increasing $402 million from the Dec. 2010 quarter. Average core deposits increased 1% from the prior quarter to $796.8 billion. Net interest income stood at $10.7 billion compared to $11.1 billion in the fourth quarter of 2010.

Lower charge-offs boosted profitability. Net income improved 48% year-on-year and 10% sequentially to $3.8 billion in the March quarter. Net loan charge-offs declined to $3.2 billion, down $629 million from the Dec. 2010 quarter.

Net interest margin narrowed 11 basis points to 4.05% from 4.16% in the fourth quarter of 2010. On average, analysts expect the stock to gain 29.8% over the next one-year with 59% of analysts maintaining a buy, as per a Bloomberg consensus.

9. Itau Unibanco Holding ( ITUB) is one of the largest private banks in Brazil.

Total loans expanded 22%, higher than the Brazilian central bank's mandated range of 10% to 15% through March.

During the first quarter 2011, Itau's buoyant credit growth boosted net income to $2.25 billion, up 9.3% year-over-year. However, profits declined as provisions grew 15% versus the same period last year.

The bank's return on equity stood at around 22.7%. Non-performing loans were flat quarter-on-quarter at 4.2%. Nonetheless, some deterioration was observed from small-scale companies during the quarter.

However, credit growth could be slower on interest rate hikes and the central bank's monetary curbs. The stock is trading at 10.8 times its estimated 2011 earnings with an upside potential of 33% over the next one year. Based on a Bloomberg consensus, 10 of the 12 analysts covering the stock rate it a buy.

8. Banco Satander ( BSBR) provides banking services in Brazil operating in three segments: commercial banking, wholesale banking, asset management and insurance.

The bank's first-quarter results topped estimates as advances were 21% higher than the same period last year, thereby increasing net interest income by 11.5% to $4.2 billion.

Profit before taxes rose 25.4% to $1.3 billion and the commercial banking segment contributed 69% of profit before tax. Net profit improved 17.5% in the March quarter.

Credit recoveries improved 217.7% sequentially and 139.2% year-over-year. Banco's allowance for loan losses, including income from recoveries, totaled $ 1.3 billion in the first quarter of 2011, down 18.4% year-on-year. Non-performing loans, overdue for more than 60 days, were 5% in the March quarter, down 1.4% year-over-year and up 0.3% sequentially, with a provision coverage ratio of 98.1%.

The stock could deliver up to 34% over the next one year. Of the 11 analysts covering the stock, 6 rate it a buy. There are no sell ratings on the stock, as per a Bloomberg consensus.

7. UBS ( UBS) is a Switzerland-based financial services company offering wealth management, asset management and investment banking services on a global and regional basis.

Net profit increased to around $2 billion from $1.9 billion in the fourth quarter of 2010, with diluted earnings per share of 53 cents compared to 49 cents in the prior quarter.

For 2011 first quarter, the Group's revenue rose to $9.4 billion from $8 billion in the comparable quarter of 2010. Pre-tax profit grew to $2.5 billion from $1.4 billion in the Dec. quarter, boosted by the investment bank and wealth management divisions.

Return on assets stood at 2.6% versus 2.3% in the same period of the prior year. Return on equity was 15.5% from 16.7% in the Dec. quarter.

The Tier-1 capital ratio at the end of the March quarter was 17.8% and capital adequacy ratio was 20.4%. Analysts surveyed by Bloomberg foresee an average 12-month price target of $23.9, nearly 23% higher than the stock's current price, with 50% buy ratings.

6. Citigroup ( C) is a diversified, international financial services conglomerate.

Revenue for the first quarter of 2011 came in at $19.7 billion, narrowing 22% from the same quarter of the prior year. The year-over-year decline is attributable to lower revenues from the fixed-income segment and North America Regional Consumer banking. Consequently, net interest revenue declined 16% from the prior-year period to $12.2 billion.

During the March quarter, Citigroup reported 10% loan growth with consumer loans growing 6% and corporate loans increasing 16%. Positively, net credit losses were $6.3 billion, sliding 25% from 2010 first quarter. Consumer net credit losses dived 32% to $5.4 billion, driven by continued improvement in credit cards and residential real estate lending.

Net income for the quarter was $3 billion, declining from $4.4 billion in the first quarter of 2010, but doubling sequentially. As a sign of improving credit quality, Citigroup's total loan loss provision at the end of March was $37 billion or 5.8% of total loans, down from $49 billion or 6.8% in the same period last year.

The Tier-1 capital ratio at the end of the March quarter was 13.3% and Tier-1 common ratio was 11.3%. The stock is trading at 9.8 times its estimated 2011 earnings with a potential upside of 40% in the next one year.

5. BBVA Banco Frances ( BFR) is an Argentina-based bank providing personal and corporate loans and credit cards.

During the 2011 March quarter, credit growth improved 57% year-over-year, boosted by traction in its private sector loan portfolio. Deposits grew 30% from the same period last year. The retail segment's loan portfolio grew 49.6%, the middle market segment expanded 75.6%, and the corporate segment advanced 54.5%. Deposits grew 30% from the same period last year.

Net profit improved 22.4% year-over-year, driven by robust net interest income (NII), up 29.4% on higher margins. The gross non-performing loan ratio declined to 0.51% with a coverage ratio of 482.6%. The bank's asset quality was strong with a non-performing loan ratio of 0.51% and coverage ratio of 482.6%.

Return on average assets stood at 2.54% and return on equity was 23%. The capital ratio was 14% of risk-adjusted assets. Analysts' consensus estimate pegs average gains at 43% over the next one year.

4. Grupo Financiero Galicia ( GGAL) is an Argentina-based bank with 94.8% stake in Banco Galicia and 87.5% interest in Sudamericana Holding.

For the first quarter 2011, Grupo Galicia's return on average assets was 2.98%, improving 2.73% sequentially. Return on average shareholders' equity was 35.34%, up from 32.28% in the Dec. 2010 quarter.

Net income earned was $55.6 million in the March quarter, quadrupling from the same quarter of last fiscal. At the end of March 2011, the bank's market share of loans was 9.07%, an increase of 1.23% from the same period in 2010. For deposits, the market share of the private sector reached 8.44%, expanding 43 basis points from the same period of 2010.

The stock will likely deliver 49% over the next one-year with six of the nine analysts covering it rating a buy, as per a Bloomberg consensus.

3. Credit Suisse ( CS) is a Switzerland-based integrated bank operating in the private banking, investment banking and asset management segments.

During the first quarter of 2011, net income was $1.3 billion on net revenue of $9.3 billion. Profitability was affected with fair value losses pegged at $700 million from its own debt and stand-alone derivatives for the March quarter. However, net income was higher than expected.

Commenting on the quarterly business performance, Brady W. Dougan, CEO of Credit Suisse, said in a press statement, "In a quarter marked by significant market uncertainty, we have maintained our strong momentum with clients, gaining market share and generating $21.7 billion net new assets. At the same time, we have continued to work with regulators to help build a more robust financial system, spearheading the creation of a market for contingent convertible capital."

Return on equity stood at 13.4%. The Tier-1 capital ratio at the end of the March quarter was 17.2% and capital adequacy ratio was 21.9%. The stock will likely return 50% over the next one year with 100% buy ratings.

2. Bank of America ( BAC) offers a range of services including investment, asset management and financial and risk management products and services.

Bank of America provided $144 billion in the first quarter of 2011 towards first mortgages, consumer business cards, home-equity products and other consumer credit, while deposits grew 5%.

Credit quality improved in the first quarter of 2011 with net write-offs declining across most portfolios, compared to the first quarter of 2010. The provision for credit losses improved as net-charge-offs fell for the fourth time in succession, down 61% compared to the year-ago quarter.

Net income for the first quarter of 2011 was $2 billion as opposed to a net loss of $1.2 billion in 2010 fourth quarter and $3.2 billion in the year-earlier period. Net income improved on lower credit costs, higher fee income, and investment gains.

The Tier-1 capital ratio at the end of the March quarter was 11.32% and total capital ratio was 16%. The stock trades at 10.5 times its estimated 2011 earnings and is likely to deliver 54% over the next one year.

1. Barclays Plc. ( BCS) is a London-based financial services company engaging in retail and corporate banking and investment banking services. Barclays generates more than half of its income from Europe, with the U.K. contributing maximum.

For the March 2011 quarter, adjusted profit before tax was $3.28 billion, up 10% compared to $2.98 billion in the first quarter of 2010, increasing 63% sequentially from the fourth quarter of 2010. The most profitable segments were retail and business banking. In terms of overall profitability during the quarter, the standalone U.K. and Africa fared better, while Europe and the U.S. showed weakness.

Impairment costs at the end of the March quarter stood at $1.5 billion, reducing from $2.4 billion in the same period last year.

Gross loans and advances expanded 5% versus the same period in 2010, driven by higher growth in mortgage loans. Gross new lending to U.K. households and businesses escalated 11% during the period.

Return on average shareholder equity stood at 10.1%, compared to 9.3% in the same period last year. Analysts expect the stock to gain 81% over the next one year with 50% buy ratings.

>>To see these stocks in action, visit the 10 Top-Rated Banks With Upside portfolio on Stockpickr.