(BSBR) Banco Santander Brasil - Ratings and Ratios
Loans, Insurance, Deposits, Advisory, Brokerage
Dividends
| Dividend Yield | 5.61% |
| Yield on Cost 5y | 5.65% |
| Yield CAGR 5y | -16.59% |
| Payout Consistency | 82.0% |
| Payout Ratio | 53.3% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 30.3% |
| Value at Risk 5%th | 51.5% |
| Relative Tail Risk | 3.46% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.25 |
| Alpha | 38.90 |
| CAGR/Max DD | 0.34 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.587 |
| Beta | 0.568 |
| Beta Downside | 0.635 |
| Drawdowns 3y | |
|---|---|
| Max DD | 39.58% |
| Mean DD | 14.19% |
| Median DD | 13.30% |
Description: BSBR Banco Santander Brasil December 04, 2025
Banco Santander Brasil S.A. (BSBR) operates two primary segments-Commercial Banking and Global Wholesale Banking-delivering a full suite of credit, cash-management, and advisory services to retail, SME, and corporate clients across Brazil and select international markets.
The product mix includes payroll and real-estate loans, home-equity financing, micro-finance, agribusiness credit, and a broad insurance portfolio (life, personal accident, vehicle, property, and travel). On the wholesale side, the bank provides syndicated loans, acquisition financing, fixed-income origination, M&A advisory, and research/brokerage services for equity and derivatives markets.
Customer access is enabled through a multichannel network of branches, mini-branches, ATMs, call centers, and digital platforms (internet and mobile banking). The institution was founded in 1985 and is headquartered in São Paulo.
Recent performance indicators (Q4 2024) show a net interest margin of 4.1%-slightly above the Brazilian banking average of 3.9%-and loan growth of 7.2% YoY, driven largely by expanding SME credit lines. The bank’s cost-to-income ratio remains at 38%, reflecting efficient operations amid Brazil’s high-inflation environment, where the Selic rate’s recent 0.5 ppt increase pressures net interest earnings.
For a deeper quantitative breakdown, the ValueRay platform offers granular metrics and comparable peer analysis.
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income (9.31b TTM) > 0 and > 6% of Revenue (6% = 7.19b TTM) |
| FCFTA 17.31 (>2.0%) and ΔFCFTA 1730 pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 0.65% (prev -256.2%; Δ 256.9pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 18.24 (>3.0%) and CFO 29.07b > Net Income 9.31b (YES >=105%, WARN >=100%) |
| Net Debt (-844.0m) to EBITDA (14.63b) ratio: -0.06 <= 3.0 (WARN <= 3.5) |
| Current Ratio 3.11 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (7.47b) change vs 12m ago 0.15% (target <= -2.0% for YES) |
| Gross Margin 38.17% (prev 32.72%; Δ 5.45pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 19.48% (prev 10.20%; Δ 9.28pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 0.15 (EBITDA TTM 14.63b / Interest Expense TTM 70.82b) >= 6 (WARN >= 3) |
Altman Z'' 2.58
| (A) 0.49 = (Total Current Assets 1.16b - Total Current Liabilities 371.0m) / Total Assets 1.59b |
| (B) -0.10 = Retained Earnings (Balance) -164.0m / Total Assets 1.59b |
| (C) 0.02 = EBIT TTM 10.72b / Avg Total Assets 615.26b |
| (D) -0.41 = Book Value of Equity -165.0m / Total Liabilities 406.0m |
| Total Rating: 2.58 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 57.65
| 1. Piotroski 5.50pt |
| 2. FCF Yield 7.07% |
| 3. FCF Margin 23.02% |
| 4. Debt/Equity 113.9 |
| 5. Debt/Ebitda -0.06 |
| 6. ROIC - WACC (= -4.71)% |
| 7. RoE 10.24% |
| 8. Rev. Trend 7.37% |
| 9. EPS Trend 46.80% |
What is the price of BSBR shares?
Over the past week, the price has changed by -2.95%, over one month by -6.33%, over three months by +12.30% and over the past year by +53.24%.
Is BSBR a buy, sell or hold?
- Strong Buy: 1
- Buy: 2
- Hold: 2
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the BSBR price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 6.3 | 6.1% |
| Analysts Target Price | 6.3 | 6.1% |
| ValueRay Target Price | 6.7 | 13% |
BSBR Fundamental Data Overview December 11, 2025
P/E Trailing = 21.7586
P/E Forward = 6.5833
P/S = 0.9199
P/B = 1.9896
P/EG = 0.89
Beta = 0.278
Revenue TTM = 119.86b BRL
EBIT TTM = 10.72b BRL
EBITDA TTM = 14.63b BRL
Long Term Debt = 23.14b BRL (from longTermDebt, last fiscal year)
Short Term Debt = 112.23b BRL (from shortTermDebt, last fiscal year)
Debt = 135.37b BRL (from shortLongTermDebtTotal, last fiscal year)
Net Debt = -844.0m BRL (from netDebt column, last quarter)
Enterprise Value = 389.97b BRL (255.45b + Debt 135.37b - CCE 844.0m)
Interest Coverage Ratio = 0.15 (Ebit TTM 10.72b / Interest Expense TTM 70.82b)
FCF Yield = 7.07% (FCF TTM 27.59b / Enterprise Value 389.97b)
FCF Margin = 23.02% (FCF TTM 27.59b / Revenue TTM 119.86b)
Net Margin = 7.77% (Net Income TTM 9.31b / Revenue TTM 119.86b)
Gross Margin = 38.17% ((Revenue TTM 119.86b - Cost of Revenue TTM 74.11b) / Revenue TTM)
Gross Margin QoQ = 100.0% (prev 22.77%)
Tobins Q-Ratio = 244.7 (set to none) (Enterprise Value 389.97b / Total Assets 1.59b)
Interest Expense / Debt = 18.99% (Interest Expense 25.71b / Debt 135.37b)
Taxrate = 30.10% (5.78b / 19.19b)
NOPAT = 7.49b (EBIT 10.72b * (1 - 30.10%))
Current Ratio = 3.11 (Total Current Assets 1.16b / Total Current Liabilities 371.0m)
Debt / Equity = 113.9 (Debt 135.37b / totalStockholderEquity, last quarter 1.19b)
Debt / EBITDA = -0.06 (Net Debt -844.0m / EBITDA 14.63b)
Debt / FCF = -0.03 (Net Debt -844.0m / FCF TTM 27.59b)
Total Stockholder Equity = 90.96b (last 4 quarters mean from totalStockholderEquity)
RoA = 584.2% (Net Income 9.31b / Total Assets 1.59b)
RoE = 10.24% (Net Income TTM 9.31b / Total Stockholder Equity 90.96b)
RoCE = 9.40% (EBIT 10.72b / Capital Employed (Equity 90.96b + L.T.Debt 23.14b))
RoIC = 5.19% (NOPAT 7.49b / Invested Capital 144.52b)
WACC = 9.90% (E(255.45b)/V(390.82b) * Re(8.11%) + D(135.37b)/V(390.82b) * Rd(18.99%) * (1-Tc(0.30)))
Discount Rate = 8.11% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.18%
[DCF Debug] Terminal Value 77.53% ; FCFE base≈18.90b ; Y1≈18.23b ; Y5≈18.01b
Fair Price DCF = 42.45 (DCF Value 317.11b / Shares Outstanding 7.47b; 5y FCF grow -4.75% → 3.0% )
EPS Correlation: 46.80 | EPS CAGR: 1.17% | SUE: -1.75 | # QB: 0
Revenue Correlation: 7.37 | Revenue CAGR: -12.31% | SUE: -0.17 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.20 | Chg30d=-0.002 | Revisions Net=-1 | Analysts=3
EPS next Year (2026-12-31): EPS=0.84 | Chg30d=+0.009 | Revisions Net=+1 | Growth EPS=+13.4% | Growth Revenue=+8.3%
Additional Sources for BSBR Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle