Banco Santander (Brasil) S.A. (BSBR) fundamental analysis — strengths, weaknesses & financial health based on data analysis
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Banco Santander (Brasil) S.A. (BSBR) stock price & volume — 10-year historical chart
Banco Santander (Brasil) S.A. (BSBR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Banco Santander (Brasil) S.A. (BSBR) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 29, 2026 | $0.20vs $0.21-6.1% | $4.3Bvs $4.3B-0.8% |
| Q1 2026 | Feb 4, 2026 | $0.21vs $0.20+7.0% | $4.0Bvs $4.1B-1.4% |
| Q4 2025 | Oct 27, 2025 | $0.50vs $0.18+180.9% | $19.0Bvs $4.0B+374.4% |
| Q3 2025 | Jul 30, 2025 | $0.26vs $0.18+45.2% | $8.9Bvs $3.9B+126.1% |
Banco Santander (Brasil) S.A. (BSBR) competitors in Non-US regional and universal banks — business model, growth, and fundamentals comparison
Banco Santander (Brasil) S.A. (BSBR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Banco Santander (Brasil) S.A. (BSBR) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Net Interest Income | 34.95B | 41.92B | 44.32B | 44.44B | 51.32B | 47.5B | 46.88B | 56.68B | 57.63B |
| NII Growth % | 14.25% | 19.96% | 5.72% | 0.27% | 15.47% | -7.43% | -1.3% | 20.89% | 1.69% |
| Net Interest Margin % | 5.41% | 5.79% | 5.83% | 4.76% | 5.51% | 4.82% | 4.2% | 4.58% | 4.54% |
| Interest Income | 71.42B | 70.48B | 72.84B | 62.77B | 77.99B | 115.23B | 128.28B | 137.18B | 162.49B |
| Interest Expense | 36.47B | 28.56B | 28.52B | 18.33B | 26.67B | 67.72B | 81.4B | 80.5B | 104.86B |
| Loan Loss Provision | 3.31B | 2B | 3.68B | 1.66B | 2.18B | 1.22B | 4.42B | 4.6B | 4.98B |
| Non-Interest Income | 2.94B | -3.58B | 2.63B | -11.89B | -2.64B | -4.33B | -6.92B | -8.16B | -10.95B |
| Non-Interest Income % | 3.95% | -5.35% | 3.48% | -23.37% | -3.51% | -3.9% | -5.7% | -6.32% | -7.23% |
| Total Revenue | 74.36B▲ 0% | 66.9B▼ 10.0% | 75.47B▲ 12.8% | 50.88B▼ 32.6% | 75.34B▲ 48.1% | 110.9B▲ 47.2% | 121.36B▲ 9.4% | 129.02B▲ 6.3% | 151.54B▲ 17.5% |
| Revenue Growth % | -10.8% | -10.03% | 12.81% | -32.57% | 48.07% | 47.19% | 9.44% | 6.31% | 17.45% |
| Non-Interest Expense | 20.06B | 20.43B | 20.99B | 21.23B | 21.74B | 22.38B | 23.62B | 24.73B | 24.97B |
| Efficiency Ratio | 26.98% | 30.54% | 27.82% | 41.73% | 28.86% | 20.18% | 19.46% | 19.17% | 16.48% |
| Operating Income | 14.51B▲ 0% | 15.91B▲ 9.6% | 22.27B▲ 40.0% | 9.66B▼ 56.6% | 24.75B▲ 156.1% | 19.57B▼ 20.9% | 11.92B▼ 39.1% | 19.19B▲ 61.0% | 16.73B▼ 12.8% |
| Operating Margin % | 19.52% | 23.78% | 29.51% | 18.99% | 32.85% | 17.65% | 9.82% | 14.87% | 11.04% |
| Operating Income Growth % | -11.42% | 9.62% | 40% | -56.61% | 156.11% | -20.91% | -39.1% | 60.97% | -12.83% |
| Pretax Income | 14.51B▲ 0% | 15.91B▲ 9.6% | 22.27B▲ 40.0% | 9.66B▼ 56.6% | 24.75B▲ 156.1% | 19.57B▼ 20.9% | 11.92B▼ 39.1% | 19.19B▲ 61.0% | 16.73B▼ 12.8% |
| Pretax Margin % | 19.52% | 23.78% | 29.51% | 18.99% | 32.85% | 17.65% | 9.82% | 14.87% | 11.04% |
| Income Tax | 5.38B | 3.11B | 5.64B | -3.79B | 9.19B | 5.24B | 2.42B | 5.78B | 3.76B |
| Effective Tax Rate % | 37.04% | 19.55% | 25.33% | -39.18% | 37.13% | 26.74% | 20.32% | 30.1% | 22.5% |
| Net Income | 8.92B▲ 0% | 12.58B▲ 41.0% | 16.41B▲ 30.4% | 13.42B▼ 18.2% | 15.53B▲ 15.7% | 14.29B▼ 8.0% | 9.45B▼ 33.9% | 13.37B▲ 41.4% | 12.77B▼ 4.5% |
| Net Margin % | 12% | 18.81% | 21.74% | 26.37% | 20.61% | 12.88% | 7.79% | 10.36% | 8.42% |
| Net Income Growth % | 21.67% | 40.99% | 30.4% | -18.21% | 15.72% | -7.99% | -33.86% | 41.44% | -4.49% |
| Net Income (Continuing) | 9.14B | 12.8B | 16.63B | 13.45B | 15.56B | 14.34B | 9.5B | 13.41B | 12.97B |
| EPS (Diluted) | 1.13▲ 0% | 1.68▲ 48.7% | 2.20▲ 31.0% | 1.80▼ 18.2% | 2.08▲ 15.6% | 1.90▼ 8.7% | 0.62▼ 67.4% | 0.87▲ 40.3% | 1.63▲ 87.4% |
| EPS Growth % | 21.51% | 48.67% | 30.95% | -18.18% | 15.56% | -8.65% | -67.37% | 40.32% | 87.36% |
| EPS (Basic) | 1.13 | 1.68 | 2.20 | 1.80 | 2.08 | 1.92 | 0.62 | 0.87 | 1.63 |
| Diluted Shares Outstanding | 7.51B | 7.49B | 7.47B | 7.46B | 7.47B | 7.51B | 7.45B | 7.46B | 3.8B |
Banco Santander (Brasil) S.A. (BSBR) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 106.47B | 104.9B | 116.25B | 188.67B | 202.81B | 205.07B | 253.04B | 296.96B | 271.43B |
| Cash & Due from Banks | 20.64B | 19.46B | 20.13B | 78.93B | 101.57B | 149.64B | 193.99B | 204.88B | 201.98B |
| Short Term Investments | 85.82B | 85.44B | 96.12B | 109.74B | 101.24B | 55.43B | 59.05B | 92.08B | 69.45B |
| Total Investments | 468.67B | 562.57B | 606.05B | 670.22B | 671.69B | 656.46B | 308.51B | 382.88B | 955.8B |
| Investments Growth % | 15.4% | 20.04% | 7.73% | 10.59% | 0.22% | -2.27% | -53% | 24.1% | 149.63% |
| Long-Term Investments | 382.85B | 477.14B | 509.93B | 560.48B | 570.45B | 601.04B | 249.46B | 290.8B | 886.35B |
| Accounts Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Goodwill & Intangibles | 30.2B | 31.69B | 32.52B | 32.64B | 30.79B | 31.6B | 32.38B | 32.83B | 33.23B |
| Goodwill | 28.36B | 28.38B | 28.38B | 28.36B | 27.92B | 27.89B | 27.85B | 27.89B | 27.84B |
| Intangible Assets | 1.84B | 3.31B | 4.15B | 4.28B | 2.87B | 3.71B | 4.52B | 4.93B | 5.38B |
| PP&E (Net) | 6.51B | 6.59B | 9.78B | 9.54B | 8.78B | 8.19B | 7.09B | 6.02B | 5.05B |
| Other Assets | 87.18B | 69.73B | 55.85B | 96.2B | 70.86B | 85.13B | -288.92B | 545.78B | 21.36B |
| Total Current Assets | 114.19B | 111.03B | 122.24B | 196.74B | 212.69B | 220.88B | 283.14B | 315.14B | 273.19B |
| Total Non-Current Assets | 531.52B | 612.83B | 638.38B | 736.84B | 718.52B | 764.57B | 1.34T | 923.65B | 996.84B |
| Total Assets | 645.7B▲ 0% | 723.87B▲ 12.1% | 760.61B▲ 5.1% | 933.58B▲ 22.7% | 931.21B▼ 0.3% | 985.45B▲ 5.8% | 1.12T▲ 13.2% | 1.24T▲ 11.0% | 1.27T▲ 2.5% |
| Asset Growth % | 1.78% | 12.1% | 5.08% | 22.74% | -0.25% | 5.83% | 13.21% | 11.04% | 2.52% |
| Return on Assets (ROA) | 1.39% | 1.84% | 2.21% | 1.58% | 1.67% | 1.49% | 0.9% | 1.14% | 1.02% |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Debt | 79.2B | 94.29B | 83.88B | 70B | 98.68B | 126.66B | 144.02B | 135.37B | 129.96B |
| Net Debt | 58.56B | 74.83B | 63.75B | -8.93B | -2.89B | -22.98B | -49.97B | -69.51B | -72.03B |
| Long-Term Debt | 79.2B | 94.29B | 83.88B | 70B | 98.68B | 126.66B | 144.02B | 23.14B | 28.11B |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 112.23B | 101.84B |
| Other Liabilities | 148.51B | 192.91B | 203.28B | 249.17B | 232.48B | 219.42B | 847.73B | 283.07B | 310.74B |
| Total Current Liabilities | 328.4B | 342.03B | 370.71B | 503.78B | 491.85B | 525.05B | 9.07B | 807.08B | 800.04B |
| Total Non-Current Liabilities | 230.21B | 290.24B | 292.7B | 323.71B | 333.38B | 349.72B | 995.45B | 311.89B | 343.44B |
| Total Liabilities | 558.62B | 632.27B | 663.4B | 827.49B | 825.23B | 874.77B | 1T | 1.12T | 1.14T |
| Total Equity | 87.09B▲ 0% | 91.6B▲ 5.2% | 97.21B▲ 6.1% | 106.09B▲ 9.1% | 105.97B▼ 0.1% | 110.68B▲ 4.4% | 114.86B▲ 3.8% | 119.83B▲ 4.3% | 126.55B▲ 5.6% |
| Equity Growth % | 2.68% | 5.18% | 6.13% | 9.14% | -0.11% | 4.44% | 3.77% | 4.33% | 5.61% |
| Equity / Assets (Capital Ratio) | 13.49% | 12.65% | 12.78% | 11.36% | 11.38% | 11.23% | 10.29% | 9.67% | 9.96% |
| Return on Equity (ROE) | 10.38% | 14.08% | 17.38% | 13.2% | 14.64% | 13.19% | 8.38% | 11.39% | 10.36% |
| Book Value per Share | 11.59 | 12.23 | 13.02 | 14.21 | 14.19 | 14.73 | 15.41 | 16.06 | 33.27 |
| Tangible BV per Share | 7.57 | 8.00 | 8.66 | 9.84 | 10.07 | 10.53 | 11.07 | 11.66 | 24.53 |
| Common Stock | 57B | 57B | 57B | 57B | 55B | 55B | 55B | 65B | 65B |
| Additional Paid-in Capital | 57B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 8.92B | 12.58B | 16.41B | 13.42B | 54.39B | 60.44B | 63.92B | 61.45B | 65.37B |
| Accumulated OCI | 21.89B | 22.96B | 23.99B | 36.15B | -3.03B | -4.04B | -3.36B | -6.08B | -4.48B |
| Treasury Stock | -148.44M | -461.43M | -681.13M | -791.36M | -713.04M | -1.22B | -1.11B | -884.71M | -719.56M |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Banco Santander (Brasil) S.A. (BSBR) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 50.29B | 8.28B | 24.87B | 42.32B | 6.81B | 6.85B | 36.61B | -21.13B | 4.99B |
| Operating CF Growth % | 645.21% | -83.54% | 200.48% | 70.14% | -83.91% | 0.59% | 434.75% | -157.71% | 123.62% |
| Net Income | 9.14B | 12.8B | 16.63B | 13.45B | 15.56B | 14.34B | 9.45B | 13.41B | 12.97B |
| Depreciation & Amortization | 1.66B | 1.74B | 2.39B | 2.58B | 2.43B | 2.59B | 2.74B | 2.73B | 2.63B |
| Deferred Taxes | -617.23M | -1.82B | -3.09B | -8.35B | 2.05B | -748.91M | -6.11B | -1.26B | -4.8B |
| Other Non-Cash Items | 12.69B | 11.17B | 10.06B | -26.76B | -22.91B | 42.86B | 3.45B | -5.83B | 9.75B |
| Working Capital Changes | 27.42B | -15.62B | -1.11B | 61.4B | 9.68B | -52.19B | 27.04B | -30.18B | -15.55B |
| Cash from Investing | -1.45B | -2.36B | -2.51B | -1.16B | -1.93B | -2.71B | -2.58B | -2.02B | -3.32B |
| Purchase of Investments | -34.15M | -36.05M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sale/Maturity of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Investment Activity | -34.15M | -36.05M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Acquisitions | -275.09M | -111.22M | -746K | -13.57M | -13.75M | -460.25M | -5.05M | -114.21M | -7.5M |
| Other Investing | -37.35M | -818.5M | -587.81M | 86.4M | -750.17M | -1.12B | -1.13B | -1.05B | -1.88B |
| Cash from Financing | -44.3B | -3.3B | -26.2B | -34.15B | -658.51M | 12.75B | 5.82B | 930.18M | 4.4B |
| Dividends Paid | -5.65B | -6.08B | -6.95B | -10.28B | -9.91B | -7.39B | -5.45B | -5.62B | -6.5B |
| Share Repurchases | -378.78M | -312.31M | -219.7M | -110.22M | 0 | -506.28M | 0 | 0 | 0 |
| Stock Issued | 0 | 0 | 0 | 0 | 78.32M | 0 | 112.53M | 0 | 165.15M |
| Net Stock Activity | -378.78M | -312.31M | -219.7M | -110.22M | 78.32M | -506.28M | 112.53M | 0 | 165.15M |
| Debt Issuance (Net) | -1000K | -1000K | -1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Other Financing | -37.64B | 4.31B | 85.73M | 6.84M | -893.89M | -774.31M | -848.19M | 6.26B | 8.37B |
| Net Change in Cash | 4.54B▲ 0% | 2.61B▼ 42.4% | -3.84B▼ 246.9% | 7B▲ 282.3% | 4.22B▼ 39.7% | 16.9B▲ 300.2% | 39.85B▲ 135.9% | -22.22B▼ 155.7% | 6.07B▲ 127.3% |
| Exchange Rate Effect | 0 | 0 | -99K | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 18.13B | 22.67B | 25.29B | 21.44B | 28.45B | 32.67B | 49.57B | 89.42B | 67.2B |
| Cash at End | 22.67B | 25.29B | 21.44B | 28.45B | 32.67B | 49.57B | 89.42B | 67.2B | 73.27B |
| Interest Paid | 37.95B | 29.8B | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | 48.45B▲ 0% | 5.27B▼ 89.1% | 21.43B▲ 306.8% | 40.31B▲ 88.1% | 4.44B▼ 89.0% | 3.98B▼ 10.3% | 33.26B▲ 735.0% | -23.74B▼ 171.4% | 1.34B▲ 105.6% |
| FCF Growth % | 830.78% | -89.13% | 306.83% | 88.14% | -88.98% | -10.32% | 735.02% | -171.38% | 105.63% |
Banco Santander (Brasil) S.A. (BSBR) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 8.91% | 10.38% | 14.08% | 17.38% | 13.2% | 14.64% | 13.19% | 8.38% | 11.39% | 10.36% |
| Return on Assets (ROA) | 1.18% | 1.39% | 1.84% | 2.21% | 1.58% | 1.67% | 1.49% | 0.9% | 1.14% | 1.02% |
| Net Interest Margin | 4.82% | 5.41% | 5.79% | 5.83% | 4.76% | 5.51% | 4.82% | 4.2% | 4.58% | 4.54% |
| Efficiency Ratio | 21.23% | 26.98% | 30.54% | 27.82% | 41.73% | 28.86% | 20.18% | 19.46% | 19.17% | 16.48% |
| Equity / Assets | 13.37% | 13.49% | 12.65% | 12.78% | 11.36% | 11.38% | 11.23% | 10.29% | 9.67% | 9.96% |
| Book Value / Share | 11.27 | 11.59 | 12.23 | 13.02 | 14.21 | 14.19 | 14.73 | 15.41 | 16.06 | 33.27 |
| NII Growth | -2.4% | 14.25% | 19.96% | 5.72% | 0.27% | 15.47% | -7.43% | -1.3% | 20.89% | 1.69% |
| Dividend Payout | 43.78% | 63.34% | 48.29% | 42.38% | 76.61% | 63.8% | 51.75% | 57.68% | 42.04% | 50.89% |
Banco Santander (Brasil) S.A. (BSBR) stock FAQ — growth, dividends, profitability & financials explained
Banco Santander (Brasil) S.A. (BSBR) grew revenue by 17.5% over the past year. This is strong growth.
Yes, Banco Santander (Brasil) S.A. (BSBR) is profitable, generating $12.69B in net income for fiscal year 2025 (8.4% net margin).
Yes, Banco Santander (Brasil) S.A. (BSBR) pays a dividend with a yield of 5.78%. This makes it attractive for income-focused investors.
Banco Santander (Brasil) S.A. (BSBR) has a return on equity (ROE) of 10.4%. This is reasonable for most industries.
Banco Santander (Brasil) S.A. (BSBR) has a net interest margin (NIM) of 4.5%. This indicates healthy earnings from lending activities.
Banco Santander (Brasil) S.A. (BSBR) has an efficiency ratio of 16.5%. This is excellent, indicating strong cost control.
Banco Santander (Brasil) S.A. (BSBR) financial analysis — history, returns, DCA and operating performance tools
Analyst verdict, bull/bear case, risk factors and peer comparison
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates