UBA is the only Nigerian lender in this year’s Top 1000 World Banks ranking to record a rise in Tier 1 capital and profits.

The state-owned bank saw a 70% surge in pre-tax profits in 2022. More generally, Brazilian banks have benefited from a strong export performance and rising interest rates.

Major UK banks fall down the performance table, while building societies improve their positions.

All seven domestically owned Mexican banks in the main Top 1000 ranking saw a double-digit increase in their pre-tax profits.

Three of Colombia’s four largest domestic banks saw a single-digit decrease in Tier 1 capital in 2022.

While the large US community bank keeps its ROA crown for another year, Banco Compartamos, a microfinance bank in Mexico, is not far behind.

The merger to form Hungary’s new “megabank” has added more than 200% of Tier 1 capital to its balance sheet.

US banks have filled more than half the new arrivals’ table, driven by a strong dollar and consolidation in the sector. 

Compare and contrast the largest year-on-year changes in foreign exchange against the dollar.