Online Reputation of Brazil's Leading Banks

Analysis of 498 Branches on Google Reviews

Market Research | October 2025
Conducted by Ex.id Digital Marketing Agency
This groundbreaking research analyzes the online reputation of 498 physical branches of the five major traditional Brazilian banks based on real consumer reviews on Google Reviews, focusing exclusively on the physical branch experience.
498
Branches Analyzed
31,435
Real Consumer Reviews
12
Brazilian States
28
Cities Analyzed

Key Findings

Itaú Unibanco leads with an average rating of 3.31 stars, followed by Banco do Brasil with 3.23 stars
Source: Ex.id Research (October 2025)
71% of Caixa Econômica Federal branches have ratings below 3.0 stars — the worst performance among the five banks analyzed
Source: Ex.id Research (October 2025)
68.3% of Bradesco branches have ratings below 3.0 stars, revealing service issues
Source: Ex.id Research (October 2025)
Significant regional disparity: Northern branches average 3.37 rating (best), while the South records only 2.72 (worst)
Source: Ex.id Research (October 2025)
Traditional banks take 11 to 23 days to respond to complaints, while fintechs respond in 5-7 days
Source: Reclame Aqui (last 6 months until Sep 30, 2025)

Brazil Divided by Satisfaction

Regional analyses reveal where consumers need better service the most

North

Best Rating

Manaus, Belém

3.37 /5.0

10.4% of branches

Northeast

Recife, Fortaleza, Salvador

3.09 /5.0

25.7% of branches

Center-West

Brasília

2.93 /5.0

7.0% of branches

Southeast

SP, RJ, BH

2.87 /5.0

30.3% of branches

South

Worst Rating

Curitiba, Porto Alegre

2.72 /5.0

26.3% of branches

Legend: % of branches relative to total and rating by region

Source: Ex.id Research - Google Reviews (October 2025)

Overall Bank Ranking

Rank Bank Average Rating Total Reviews
1st Itaú Unibanco ★★★☆☆ 3.31 5,184
2nd Banco do Brasil ★★★☆☆ 3.23 7,274
3rd Santander ★★★☆☆ 2.84 6,397
4th Banco Bradesco ★★★☆☆ 2.67 4,225
5th Caixa Econômica Federal ★★★☆☆ 2.65 8,355

Business Impact

Poor digital reputation represents a direct threat to the competitiveness and profitability of traditional banks

-19%
Reduction in peak hour occupancy with a 0.5-star drop
UC Berkeley Study
-5 to 9%
Revenue decrease with a 0.5-star drop
Harvard Business School
97%
of consumers research online before choosing a branch
BrightLocal 2024
86%
of consumers hesitate to hire companies with negative reviews
ReputationX 2025

Response Time: Banks vs Fintechs

PicPay (Fintech) RA1000
Average Rating 7.97/10
Response Time 5 days 5h
Issues Resolved 91.9%
Nubank (Fintech) RA1000
Average Rating 7.49/10
Response Time 11 days 4h
Issues Resolved 92.6%
Banco do Brasil Good
Average Rating 6.90/10
Response Time 7 days 11h
Issues Resolved 80.3%
Itaú Unibanco Good
Average Rating 6.53/10
Response Time 18 days 4h
Issues Resolved 83.8%
Bradesco Fair
Average Rating 5.72/10
Response Time 12 days 2h
Issues Resolved 71.8%
Santander Fair
Average Rating 5.08/10
Response Time 23 days 19h
Issues Resolved 65.2%
Caixa Econômica Fair
Average Rating 5.63/10
Response Time 11 days 23h
Issues Resolved 69.1%
Institution RA Reputation Average Rating Response Time Issues Resolved
PicPay (Fintech) RA1000 7.97/10 5 days 5h 91.9%
Nubank (Fintech) RA1000 7.49/10 11 days 4h 92.6%
Banco do Brasil Good 6.90/10 7 days 11h 80.3%
Itaú Unibanco Good 6.53/10 18 days 4h 83.8%
Bradesco Fair 5.72/10 12 days 2h 71.8%
Santander Fair 5.08/10 23 days 19h 65.2%
Caixa Econômica Fair 5.63/10 11 days 23h 69.1%

Source: Reclame Aqui - Last 6 months until September 30, 2025

International Case Studies

How LSL Property Services (UK) transformed its online reputation into an advantage.

LSL Property Services operates three major real estate and financial services brands in the UK (Reeds Rains, Your Move, and Embrace Financial Services) with over 250 branches and hundreds of financial advisors. Using technology from global leader Uberall for online reputation management, it saw its results soar and become a competitive advantage.

80%
of branches in Google's Local 3-Pack
60%
of locations ranked for regional searches
250+
locations managed centrally

Source: Uberall Case Study

Reputation as a Competitive Advantage

By investing in specialized platforms, financial institutions can transform negative reviews into improvement opportunities and strengthen consumer trust.

Centralized Management: Manage all branches from a single dashboard with data consistency across 120+ channels.
Artificial Intelligence: Fast and personalized responses with AI that learns from service history
75% reduction in response time to negative reviews
Source: Uberall Platform Benefits
Responding to 30% of reviews is associated with +40% conversion in local/Google searches.
Source: Uberall
Less than 1% of analyzed bank branches achieve 4.5+ stars on Google Reviews
Source: Ex.id Research - Analysis of 31,435 reviews across 498 branches (2025)

Ex.id + Uberall

Ex.id, in strategic partnership with Uberall – global leader in digital presence management with over 1.35 million locations managed in 194 countries – offers the complete solution to transform the online reputation of bank branches and financial institutions into real and measurable competitive advantage.

1.35M+
locations managed globally
194
countries served
125+
integrated platforms

Sources and References

Primary Data

  • Ex.id proprietary research - Collection of 31,435 Google Reviews ratings from 498 bank branches (October 2025)
  • Sample: 498 physical branches in 12 states and 22 cities (major cities and urban centers). Base: 31,435 public Google Reviews. Margin of error: ±1.8% (95% CI)

Secondary Data and Market Studies

  • Central Bank of Brazil. 'Q2 2025 Complaints Ranking'. Available at: https://www.bcb.gov.br
  • Reclame Aqui. 'Banking institution reputation indicators' (last 6 months until Sep 30, 2025)
  • Forbes / Statista. 'World's Best Banks 2025'. Available at: https://www.forbes.com
  • Uberall. 'A Comprehensive Guide to Reputation Management'. Available at: Uberall
  • Uberall. 'The New Face of Local Report' (2021). Available at: Uberall Study
  • Uberall. 'LSL Property Services Case Study'. Uberall Case Study
  • Harvard Business School. 'Reviews and Revenue: The Case of Yelp'.
  • UC Berkeley. 'Restaurant Reputation and Reservations'. Study on rating impact on occupancy
  • BrightLocal. 'Local Consumer Review Survey 2024'. Available at: https://www.brightlocal.com
  • ReputationX. 'Online Reputation Statistics 2025'. Available at: ReputationX Blog
  • Qualtrics. '$3.7 Trillion of 2024 Global Sales at Risk Due to Bad CX'. Available at: Qualtrics
  • G2. '51 Customer Review Statistics' (2024). Available at: G2 Learn