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Banco Santander (Brasil) S.A.

NYSE•BSBR
CEO: Mr. Mario Roberto Opice Leao
Sector: Financial Services
Industry: Banks - Regional
Listing Date: 2009-10-07
Banco Santander (Brasil) S.A., together with its subsidiaries, provides various banking products and services to individuals, small and medium enterprises, and corporate customers in Brazil and internationally. The company operates through Commercial Banking and Global Wholesale Banking segments. It offers local loans, commercial financing options, development bank funds, and cash management services; export and import financing, guarantees, structuring of asset services. In addition, the company provides financing and advisory services for infrastructure projects and capital markets instruments, as well as offers equity transactions and mergers and acquisitions services. Further, it offers foreign exchange products, derivatives, and investments to institutional investors, corporate clients, and individuals. Additionally, the company provides research services, as well as offers brokerage services for corporate, institutional, and individual investors. Furthermore, it provides deposits and other bank funding instruments, and debit and credit cards. The company provides financial services and products to its customers through multichannel distribution network comprising branches, mini-branches, ATMs, call centers, Internet banking, and mobile banking. Banco Santander (Brasil) S.A. was incorporated in 1985 and is headquartered in São Paulo, Brazil.
Contact Information
Avenida Presidente Juscelino Kubitschek, 2041, Suite 281 Block A CondomInio WTORRE JK Vila Nova ConceiCAo, São Paulo, SP, 04543-011, Brazil
55-11-3553-3300
www.santander.com.br
Market Cap
$48.01B
P/E (TTM)
18.7
14.1
Dividend Yield
6.3%
52W High
$7.32
52W Low
$4.49
52W Range
68%
Rank43Top 50.7%
3.8
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3.8 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$7.87B+0.00%
4-Quarter Trend

EPS

-$0.13+0.00%
4-Quarter Trend

FCF

-$3.95B+0.00%
4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Total Income Increased 1.7% Total Income reached R$75.00B in 2025, up 1.7% YoY, driven by Net Interest Income growth across key segments.
Net Income Declined 3.3% Consolidated Net Income was R$12.97B in 2025, a 3.3% decrease from 2024, primarily due to higher impairment losses.
Capital Adequacy Ratio Improved Basel Capital Adequacy Ratio rose to 15.4% in 2025, up 1.1 p.p. from 2024, reflecting strong capital management.
Asset Quality Deteriorated Slightly Impaired assets ratio increased to 8.1% of gross loans (up from 7.0%), while coverage ratio decreased to 83.2%.

Risk Factors

Brazilian Macroeconomic Volatility High inflation, elevated SELIC rates (15.00% as of mid-2025), and political uncertainty pose ongoing risks to economic stability.
Rising Credit Impairment Costs Deterioration in retail credit quality, especially lower-income segments, drove impairment losses up 3.7% to R$29.54B (net).
Intensified Regulatory Scrutiny Evolving and complex Brazilian regulations regarding data protection, AI, and tax frameworks increase compliance costs and operational complexity.
Cybersecurity and IT Dependency High reliance on technology systems exposes the bank to material risks from cyberattacks, data breaches, and system failures.

Outlook

Focus on Digital Customer Primacy Strategy prioritizes intensive technology use, including the One App, to enhance customer experience and optimize cost-to-serve.
Disciplined Portfolio Management Maintaining sound risk management while focusing on higher profitability areas like SMEs, Auto Finance, and Real Estate growth.
Interest Rate Pressure on NIM NIM slightly compressed to 5.2% in 2025; high interest rates continue to impact funding costs and credit demand.
Advancing Sustainability Initiatives Commitment to decarbonization targets continues, facilitating R$38.6B in sustainable businesses during the year.

Peer Comparison

Revenue (TTM)

MET stock ticker logoMET
$76.13B
+8.6%
BBD stock ticker logoBBD
$61.22B
+37.3%
PRU stock ticker logoPRU
$60.97B
-13.7%

Gross Margin (Latest Quarter)

MSCI stock ticker logoMSCI
82.6%
+0.3pp
FITB stock ticker logoFITB
71.4%
+10.6pp
MTB stock ticker logoMTB
70.5%
+4.0pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
TFC$61.96B11.88.2%12.7%
MET$48.68B14.512.0%2.7%
BSBR$48.01B18.711.2%10.2%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
8.8%
Steady Growth
4Q Net Income CAGR
11.0%
Profitability Improving
Cash Flow Stability
50%
Cash Flow Needs Attention

Deep Research

Next earnings:Apr 28, 2026
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Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
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Ratios
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LTM
No Data