Banco Santander (Brasil) S.A.(BSBR)Earnings, Financials & Key Ratios
BSBR•NYSE•Banking & Credit
$5.10
16.1× P/E·Price updated Jul 7, 2026
AboutBanco 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 in two segments, Commercial Banking and Global Wholesale Banking. It offers deposits and other bank funding instruments; debit and credit cards; digital prepaid solutions; payment platform; loyalty programs; employee benefit vouchers; payroll loans; digital lending and online debt renegotiation services; mortgages; home equity financing products; consumer credit; and local loans, commercial and trade finance, guarantees, structured loans, and cash management and funding solutions, as well as on-lending transfer services. It also provides funding and financial advisory services related to projects, origination and distribution of fixed-income securities in the debt capital markets, financing of acquisitions and syndicated loans, other structured financing arrangements, and subordinated debt and energy efficiency transactions; advisory services for mergers and acquisitions, and equity capital markets transactions; and stock brokerage and advisory, equity, and equity research services. In addition, the company structures and offers foreign exchange, derivative, and investment products for institutional investors, and corporate and retail customers; and provides market making services. Further, it offers instant payment services; range of products and services focused on the agribusiness sector; microfinance services; and online automotive listing and digital car insurance solutions, as well as digital trading platform. Additionally, it provides its 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.Show more
- Net Interest Income$57.63B+1.7%
- Total Revenue$151.54B+17.5%
- Net Income$12.77B-4.5%
- Return on Equity10.36%-9.0%
- Net Interest Margin4.54%-0.8%
- Efficiency Ratio16.48%-14.0%
- ROA1.02%-10.4%
- Equity / Assets9.96%+3.0%
- Book Value per Share33.27+107.1%
BSBR Price & Volume
Banco Santander (Brasil) S.A. (BSBR) stock price & volume — 10-year historical chart
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Persistent Margin Compression Challenges Santander Brasil Outlook
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Mixed
Profitability:Strained
Financial:Adequate
Cash Flow:Mixed
Primary Risk:Credit quality and SELIC volatility
Key Thesis Takeaways
- Banco Santander Brasil faces a complex outlook characterized by stagnant net interest margins anchored between 1.1% and 1.2% and significant volatility in non-interest income, which recorded a 4.1 billion BRL deficit in 2026Q1.
- While the bank maintains a stable equity-to-assets ratio of 0.10, its inconsistent efficiency ratio, which fluctuated from 12.9% to 25.6% over the last ten quarters, suggests underlying operational challenges.
- Investors should monitor the bank's ability to manage credit provisioning, which spiked to 34.1 billion BRL in 2025Q3, as it continues to navigate a volatile Brazilian macroeconomic environment.
Verdict Logic
while the stock trades at a 0.81 P/B ratio, the persistent inability to expand net interest margins beyond 1.2% and the recurring negative non-interest income suggest limited near-term upside.
BSBR Growth Metrics
Banco Santander (Brasil) S.A. (BSBR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years10.37%
5 Years24.39%
3 Years10.97%
TTM-
Profit CAGR
10 Years2.7%
5 Years-0.99%
3 Years-3.68%
TTM116.38%
EPS CAGR
10 Years2.77%
5 Years-1.96%
3 Years-4.98%
TTM202.27%
Return on Capital
10 Years4.37%
5 Years4.3%
3 Years3.79%
Last Year3.74%
BSBR Recent Earnings
Banco Santander (Brasil) S.A. (BSBR) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 4/12 qtrs (33%)●Beat Revenue 10/12 qtrs (83%)
Q2 2026Latest
Apr 29, 2026Metric
Actual
Est
EPS
$0.20-3.5%
$0.21
Rev
$4.3B-0.8%
$4.3B
Q1 2026
Feb 4, 2026Metric
Actual
Est
EPS
$0.21+7.0%
$0.20
Rev
$4.0B-1.4%
$4.1B
Q4 2025
Oct 27, 2025Metric
Actual
Est
EPS
$0.50+180.9%
$0.18
Rev
$19.0B+374.4%
$4.0B
Q3 2025
Jul 30, 2025Metric
Actual
Est
EPS
$0.26+45.2%
$0.18
Rev
$8.9B+126.1%
$3.9B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 29, 2026 | $0.20vs $0.21-3.5% | $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% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Banco Santander (Brasil) S.A. (BSBR)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $5.10 | $38.19B | 16.07 | 17.45% | 8.42% | 10.36% | 6.52% | |
| $8.23 | $90.71B | 10.76 | 18.03% | 11.91% | 20.77% | — | |
| $3.40 | $35.96B | 7.97 | 37.11% | 6.32% | 12.84% | — | |
| $14.19 | $208.28B | 14.27 | -7.71% | 18.62% | 12.76% | — | |
| $20.08 | $4.1B | 19.35 | 8.34% | 4.88% | 8.96% | — | |
| $91.65 | $5.86B | 25.80 | -10.04% | 7.8% | 0.03% | — |
Compare BSBR vs Peers
Banco Santander (Brasil) S.A. (BSBR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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BSBR Frequently Asked Questions
Banco Santander (Brasil) S.A. (BSBR) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
How fast is Banco Santander (Brasil) S.A. growing?
Banco Santander (Brasil) S.A. (BSBR) grew revenue by 17.5% over the past year. This is strong growth.
Is BSBR profitable?
Yes, Banco Santander (Brasil) S.A. (BSBR) is profitable, generating $29.04B in net income for fiscal year 2025 (8.4% net margin).
Dividend & Returns
Does BSBR pay dividends?
Yes, Banco Santander (Brasil) S.A. (BSBR) pays a dividend with a yield of 6.52%. This makes it attractive for income-focused investors.
What is BSBR's return on equity?
Banco Santander (Brasil) S.A. (BSBR) has a return on equity (ROE) of 10.4%. This is reasonable for most industries.
Industry Metrics
What is Banco Santander (Brasil) S.A.'s net interest margin?
Banco Santander (Brasil) S.A. (BSBR) has a net interest margin (NIM) of 4.5%. This indicates healthy earnings from lending activities.
What is Banco Santander (Brasil) S.A.'s efficiency ratio?
Banco Santander (Brasil) S.A. (BSBR) has an efficiency ratio of 16.5%. This is excellent, indicating strong cost control.