BSBR Stock Analysis: Banco Santander Brasil | NYSE
Banks - Regional | NYSE, USA | Market Cap: 44.626m USD | 12M Return: 18.5% | US05967A1079 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 25.0M
EPS Trend: 38.9%
Qual. Beats: -1
Rev. Trend: 86.2%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Banco Santander (Brasil) S.A. is a diversified commercial bank serving retail customers, small and medium enterprises, and large corporates in Brazil, operating through two segments: Commercial Banking and Global Wholesale Banking. Its retail franchise spans credit and debit cards, payroll and real estate loans, microfinance, agribusiness financing, insurance, and consumer finance, while the wholesale arm provides cash management, trade and working capital solutions, M&A advisory, equity and debt capital markets, and structured finance. Products are distributed through branches, ATMs, digital and mobile banking, call centers, and third-party banking correspondents, giving the bank a multichannel footprint. Founded in 1970 and headquartered in São Paulo, the company is the Brazilian subsidiary of the global Santander Group and lists on the NYSE via an ADR under the ticker BSBR. As a GICS-classified Diversified Bank in the Financials sector, it participates in one of Latin Americas largest banking markets, where retail credit penetration and digital channel adoption have been key growth drivers.
- Brazil Selic rate cuts compress net interest margins
- Consumer loan growth offsets competition from Nubank and digital rivals
- Insurance and card fees diversify revenue mix
| Net Income: 30.0b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA 2.39 > 1.0 |
| NWC/Revenue: -154.4% < 20% (prev -276.5%; Δ 122.1% < -1%) |
| CFO/TA 0.03 > 3% & CFO 40.7b > Net Income 30.0b |
| Net Debt (-133b) to EBITDA (41.7b): -3.20 < 3 |
| Current Ratio: 0.34 > 1.5 & < 3 |
| Outstanding Shares: last quarter (7.49b) vs 12m ago 0.22% < -2% |
| Gross Margin: 27.82% > 18% (prev 30.86%; Δ -3.04% > 0.5%) |
| Asset Turnover: 28.38% > 50% (prev 11.25%; Δ 17.13% > 0%) |
| Interest Coverage Ratio: 0.18 > 6 (EBIT TTM 39.1b / Interest Expense TTM 220b) |
| A: -0.43 (Total Current Assets 283b - Total Current Liabilities 837b) / Total Assets 1291b |
| B: 0.05 (Retained Earnings 67.4b / Total Assets 1291b) |
| C: 0.03 (EBIT TTM 39.1b / Avg Total Assets 1265b) |
| D: 0.11 (Book Value of Equity 127b / Total Liabilities 1161b) |
| Altman-Z'' = -2.33 = D |
As of September 11, 2026, the stock is trading at USD 5.88 with a total of 4,822,493 shares traded. Over the past week, the price has changed by -0.17%, over one month by +2.08%, over three months by +13.70% and over the past year by +18.46%.
Current recommended Stop Loss: 5.60 (which is 4.8% or 2.2 ATR below the current price).
Banco Santander Brasil has received a consensus analysts rating of 3.80. Therefore, it is recommended to hold BSBR.
- StrongBuy: 1
- Buy: 2
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 7.1 | 20.7% |
Market Cap BRL = 228b (44.6b USD * 5.1086 USD.BRL)
P/E Trailing = 17.0286
P/E Forward = 6.25
P/S = 0.9242
P/B = 1.8257
P/EG = 0.4181
Revenue TTM = 359b BRL
EBIT TTM = 39.1b BRL
EBITDA TTM = 41.7b BRL
Long Term Debt = 31.7b BRL (from longTermDebt, last quarter)
Short Term Debt = 118b BRL (from shortTermDebt, last quarter)
Debt = 149b BRL (from shortLongTermDebtTotal, last quarter)
Net Debt = -133b BRL (calculated: Debt 149b - CCE 283b)
Enterprise Value = 94.5b BRL (228b + Debt 149b - CCE 283b)
Interest Coverage Ratio = 0.18 (Ebit TTM 39.1b / Interest Expense TTM 220b)
EV/FCF = 2.61x (Enterprise Value 94.5b / FCF TTM 36.2b)
FCF Yield = 38.26% (FCF TTM 36.2b / Enterprise Value 94.5b)
FCF Margin = 10.07% (FCF TTM 36.2b / Revenue TTM 359b)
Net Margin = 8.35% (Net Income TTM 30.0b / Revenue TTM 359b)
Gross Margin = 27.82% ((Revenue TTM 359b - Cost of Revenue TTM 259b) / Revenue TTM)
Gross Margin QoQ = 24.31% (prev 28.07%)
Tobins Q-Ratio = 0.07 (Enterprise Value 94.5b / Total Assets 1291b)
Interest Expense / Debt = 147.6% (Interest Expense 220b / Debt 149b)
Taxrate = 23.64% (9.23b / 39.1b)
NOPAT = 29.8b (EBIT 39.1b * (1 - 23.64%))
Current Ratio = 0.34 (Total Current Assets 283b / Total Current Liabilities 837b)
Debt / Equity = 1.17 (Debt 149b / totalStockholderEquity, last quarter 127b)
Debt / EBITDA = -3.20 (Net Debt -133b / EBITDA 41.7b)
Debt / FCF = -3.69 (Net Debt -133b / FCF TTM 36.2b)
Total Stockholder Equity = 260b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.37% (Net Income 30.0b / Total Assets 1291b)
RoE = 11.55% (Net Income TTM 30.0b / Total Stockholder Equity 260b)
RoCE = 13.40% (EBIT 39.1b / Capital Employed (Equity 260b + L.T.Debt 31.7b))
RoIC = 5.40% (NOPAT 29.8b / Invested Capital 553b)
WACC = 6.24% (E(228b)/V(377b) * Re(10.33%) + (debt cost/tax rate unavailable))
Discount Rate = 10.33% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 95.88 | Cagr: 0.26%
[DCF] Terminal Value 77.97% ; FCFF base≈23.8b ; Y1≈27.2b ; Y5≈40.1b
[DCF] Fair Price = 98.40 (EV 603b - Net Debt -133b = Equity 737b / Shares 7.49b; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 38.93 | EPS CAGR: 10.99% | SUE: -0.97 | # QB: -1
Revenue Correlation: 86.25 | Revenue CAGR: 62.30% | SUE: 0.24 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.17 | Chg30d=-22.13% | Revisions=-40% | Analysts=2
EPS current Year (2026-12-31): EPS=0.71 | Chg30d=-15.09% | Revisions=-40% | GrowthEPS=-11.2% | GrowthRev=+3.2%
EPS next Year (2027-12-31): EPS=0.86 | Chg30d=-9.87% | Revisions=-50% | GrowthEPS=+21.3% | GrowthRev=+9.6%
[Analyst] Revisions Ratio: -70% (up=0, down=7)