Foreign Regional Banks: Banco Bradesco (NYSE:BBD), Itau Unibanco Holding (NYSE:ITUB), Banco Santander Brasil (NYSE:BSBR), Bancolombia (NYSE:CIB)

Banco Bradesco SA (NYSE:BBD) was upgraded by stock analysts at Morgan Stanley to an “overweight” rating in a report issued on Friday, AnalystRatingsNetwork reports. Banco Bradesco SA (ADR) (NYSE:BBD) stock opened at $11.85 in last session, and closed at $11.75, while the day range of BBD stock is $11.58 – $11.88. The stock showed a positive weekly performance of 1.91%.

Itau Unibanco Banco Holding SA (ADR) (NYSE:ITUB) will begin trading ex-dividend on March 03, 2014. A cash dividend payment of $0.006254 per share is scheduled to be paid on April 11, 2014. Shareholders who purchased ITUB stock prior to the ex-dividend date are eligible for the cash dividend payment. Itau Unibanco Holding SA (ADR) (NYSE:ITUB) stock opened at $13.49, in last session and closed at $13.32, by losing -1.55%. The 52 week range of ITUB is $11.38 – $17.34. Company’s market capitalization is $63.15billion.

Banco Santander Brasil SA (ADR)(NYSE:BSBR) does show upward movement in the second week of February, even as the Brazil-based bank did not have much to speak of about for its fourth quarter earnings in 2013. The quarter did see the bank sell – SantandeBrasil Asset Management and augmented net revenues with refis Tax Amnesty. Banco Santander Brasil SA (ADR) (NYSE:BSBR) stock decreased -2.36% and finished the last session at $4.96. The EPS of the stock remained 0.01. Company’s market capitalization is $18.85billion.

Bancolombia SA (ADR) (NYSE:CIB) the Andean nation’s biggest lender, rose to a two-month high and traded at a premium to the price it is expecting in a stock offering of about $1.2 billion that ends this week. Bancolombia SA (ADR) (NYSE:CIB) stock opened the session at $49.98, and closed the session at $50.50. The 52 week range of the CIB stock remained $42.77 – $68.45 and the day range was $49.72 – $51.51.