The Brazilian financial sector enters 2026 with expectations of a shift in the interest rate cycle, a movement that tends to restore prominence to variable income and reshape investor allocation in the stock market.
In an interview with Janela de Mercado, a NeoFeed program that gives voice to leading analysts and managers, Victor Bueno, partner and equity analyst at Nord Investimentos , details which financial sector stocks he considers best positioned to hold in a portfolio this year.
According to the analyst, even if the Selic rate cut doesn't happen at the most optimistic pace projected by the market, the sector should still show revenue growth and maintain provisions at controlled levels.
For him, the key difference in 2026 will lie less in the macroeconomic scenario itself and more in each institution's ability to preserve profitability, operational efficiency, and the quality of its loan portfolio.
Bueno discusses how major banks such as Banco do Brasil, Itaú, Bradesco, and Santander, as well as investment firms like BTG Pactual and XP, may react to the new economic cycle and which metrics should gain even more weight in investors' decision-making in the coming months.
To find out which stocks the Nord analyst recommends having in your portfolio in 2026, watch the full video above.
