Counting in financial institutions, Petrobras ranked second, after the United States-based Citigroup. According to Economatica, the bank's net profit from April to June was US$ 4.279 billion, whereas Petrobras' was US$ 3.963 billion. The third in the list is Exxon Mobil, another oil company, with net profit of US$ 3.95 billion.
The only non-US-based enterprise among the 10 most profitable in Latin America and the United States, including financial ones, is Petrobras, according to Economatica's survey. The fourth in the list is bank Goldman Sachs, followed by insurer Berkshire Hathaway, telecommunications company AT&T, the Bank of America, Johnson & Johnson, the Wells Fargo bank and IBM.
In the list of 20 most profitable companies in Latin America, Petrobras achieved a much higher result than the second in the ranking, America Movil, from Mexico, which posted net profit of US$ 1.709 billion.
Next come Brazilian banks Itaú-Unibanco, Banco do Brasil and Bradesco; mining company Vale (Brazil); beverage company Ambev (Brazil); Braskem petrochemical company (Brazil); Itausa holding (Brazil); Mexican telecommunications company Telmex; airline TAM (Brazil); energy company Enersis, from Chile; energy company Cesp, from Brazil; steel manufacturer Tenaris, from Argentina; Mexican retail group Elektra; Santander Mexico; Chilean energy company Endesa; Brazilian pulp and paper manufacturer Aracruz; Santander Brazil; and Wal Mart Mexico.
In the Latin American ranking, 12 companies are Brazilian, five are Mexican, two are Chilean and one is Argentinean. With regard to sectors, the leading one was banking, followed by power, gas and water supply.