BSBR Stock Analysis: Banco Santander Brasil | NYSE

Banks - Regional | NYSE, USA | Market Cap: 19.805m USD | 12M Return: 3.4% | Charts, Fundamentals & Technical Analysis

Consumer Banking, Commercial Banking, Wholesale Banking, Insurance
Total Rating 24
Safety 40
Buy Signal -1.35
Banks - Regional
Industry Rotation: +3.8
Market Cap: 19.8B
Avg Turnover: 9.19M
Risk 3d forecast
Volatility30.1%
VaR 5th Pctl5.55%
VaR vs Median11.9%
Reward TTM
Sharpe Ratio0.14
Rel. Str. IBD16
Rel. Str. Peer Group4.2
Character TTM
Beta1.040
Beta Downside0.827
Hurst Exponent0.513
Drawdowns 3y
Max DD39.58%
CAGR/Max DD0.02
CAGR/Mean DD0.04
EPS (Earnings per Share) EPS (Earnings per Share) of BSBR over the last years for every Quarter: "2021-06": 0.29, "2021-09": 0.41, "2021-12": 0.09, "2022-03": 0.11, "2022-06": 0.11, "2022-09": 0.05, "2022-12": 0.48, "2023-03": 0.06, "2023-06": 0.13, "2023-09": 0.14, "2023-12": 0.12, "2024-03": 0.08, "2024-06": 0.08, "2024-09": 0.09, "2024-12": 0.18, "2025-03": 0.18, "2025-06": 0.17, "2025-09": 0.094, "2025-12": 0.21, "2026-03": 0.2,
EPS CAGR: 2.65%
EPS Trend: 9.5%
Last SUE: 0.00
Qual. Beats: 0
Revenue Revenue of BSBR over the last years for every Quarter: 2021-06: 20621.095, 2021-09: 16521.045, 2021-12: 22929.01, 2022-03: 24742.232, 2022-06: 26775.177, 2022-09: 29126.001, 2022-12: 30251.912, 2023-03: 28935.688, 2023-06: 29915.898, 2023-09: 30811.087, 2023-12: 31701.346, 2024-03: 30744.619, 2024-06: 29246.162, 2024-09: 33694.872, 2024-12: 35337.413, 2025-03: 35942.51, 2025-06: 34568.048, 2025-09: 239447.825, 2025-12: 42466.417, 2026-03: 38360.618,
Rev. CAGR: 52.21%
Rev. Trend: 81.2%
Last SUE: 0.24
Qual. Beats: 0

Warnings

Below Avwap Earnings
Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 10.5 years of data

Jan +8.0% 29
Feb -3.4% 42
Mar -1.8% 14
Apr -1.7% 24
May +0.9% 14
Jun -1.8% 14
Jul +2.3% 6
Aug +1.4% 11
Sep +0.2% 5
Oct +3.3% 22
Nov -1.9% 9
Dec +0.6% 5

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.

Description: BSBR Banco Santander Brasil

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.

Headlines to Watch Out For
  • 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
Piotroski VR-10 (Strict) 2.0
Net Income: 29.0b TTM > 0 and > 6% of Revenue
FCF/TA: 0.01 > 0.02 and ΔFCF/TA -1.80 > 1.0
NWC/Revenue: -145.4% < 20% (prev -276.2%; Δ 130.8% < -1%)
CFO/TA 0.01 > 3% & CFO 11.9b > Net Income 29.0b
Net Debt (-164b) to EBITDA (40.2b): -4.08 < 3
Current Ratio: 0.37 > 1.5 & < 3
Outstanding Shares: last quarter (7.49b) vs 12m ago 0.25% < -2%
Gross Margin: 27.71% > 18% (prev 32.96%; Δ -5.24% > 0.5%)
Asset Turnover: 27.87% > 50% (prev 10.72%; Δ 17.15% > 0%)
Interest Coverage Ratio: 0.17 > 6 (EBIT TTM 37.7b / Interest Expense TTM 219b)
Altman Z'' -2.14
A: -0.40 (Total Current Assets 298b - Total Current Liabilities 814b) / Total Assets 1294b
B: 0.05 (Retained Earnings 66.5b / Total Assets 1294b)
C: 0.03 (EBIT TTM 37.7b / Avg Total Assets 1273b)
D: 0.11 (Book Value of Equity 126b / Total Liabilities 1166b)
Altman-Z'' = -2.14 = D
What is the price of BSBR shares?

As of July 08, 2026, the stock is trading at USD 5.10 with a total of 4,530,017 shares traded. Over the past week, the price has changed by -2.49%, over one month by -2.30%, over three months by -13.51% and over the past year by +3.44%.

Current recommended Stop Loss: 4.90 (which is 3.9% or 1.5 ATR below the current price).

Is BSBR a buy, sell or hold?

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

What are the forecasts/targets for the BSBR price?
Analysts Target Price 7.2 40.8%
Banco Santander Brasil (BSBR) - Fundamental Data Overview as of 08 July 2026
Market Cap USD = 19.8b (19.8b USD * 1.0 USD.USD)
Market Cap BRL = 102b (19.8b USD * 5.1588 USD.BRL)
P/E Trailing = 16.5313
P/E Forward = 6.25
P/S = 0.4332
P/B = 1.5932
P/EG = 0.4181
Revenue TTM = 355b BRL
EBIT TTM = 37.7b BRL
EBITDA TTM = 40.2b BRL
Long Term Debt = 29.3b BRL (from longTermDebt, last quarter)
Short Term Debt = 105b BRL (from shortTermDebt, last quarter)
Debt = 134b BRL (from shortLongTermDebtTotal, last quarter)
Net Debt = -164b BRL (calculated: Debt 134b - CCE 298b)
Enterprise Value = 102b BRL (floored to Market Cap, CCE > MCap+Debt)
Interest Coverage Ratio = 0.17 (Ebit TTM 37.7b / Interest Expense TTM 219b)
EV/FCF = 12.59x (Enterprise Value 102b / FCF TTM 8.12b)
FCF Yield = 7.94% (FCF TTM 8.12b / Enterprise Value 102b)
FCF Margin = 2.29% (FCF TTM 8.12b / Revenue TTM 355b)
Net Margin = 8.18% (Net Income TTM 29.0b / Revenue TTM 355b)
Gross Margin = 27.71% ((Revenue TTM 355b - Cost of Revenue TTM 257b) / Revenue TTM)
Gross Margin QoQ = 28.07% (prev 28.79%)
Tobins Q-Ratio = 0.08 (Enterprise Value 102b / Total Assets 1294b)
 Interest Expense / Debt = 163.4% (Interest Expense 219b / Debt 134b)
 Taxrate = 23.37% (8.80b / 37.7b)
NOPAT = 28.9b (EBIT 37.7b * (1 - 23.37%))
Current Ratio = 0.37 (Total Current Assets 298b / Total Current Liabilities 814b)
Debt / Equity = 1.06 (Debt 134b / totalStockholderEquity, last quarter 126b)
Debt / EBITDA = -4.08 (Net Debt -164b / EBITDA 40.2b)
Debt / FCF = -20.25 (Net Debt -164b / FCF TTM 8.12b)
Total Stockholder Equity = 259b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.28% (Net Income 29.0b / Total Assets 1294b)
RoE = 11.23% (Net Income TTM 29.0b / Total Stockholder Equity 259b)
RoCE = 13.08% (EBIT 37.7b / Capital Employed (Equity 259b + L.T.Debt 29.3b))
RoIC = 5.09% (NOPAT 28.9b / Invested Capital 567b)
WACC = 4.17% (E(102b)/V(236b) * Re(9.64%) + (debt cost/tax rate unavailable))
Discount Rate = 9.64% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 48.89 | Cagr: 0.27%
[DCF] Terminal Value 73.10% ; FCFF base≈17.0b ; Y1≈14.9b ; Y5≈12.1b
[DCF] Fair Price = 95.59 (EV 194b - Net Debt -164b = Equity 358b / Shares 3.74b; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 9.48 | EPS CAGR: 2.65% | SUE: 0.0 | # QB: 0
Revenue Correlation: 81.19 | Revenue CAGR: 52.21% | SUE: 0.24 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.21 | Chg30d=-2.61% | Revisions=-40% | Analysts=3
EPS next Quarter (2026-09-30): EPS=0.22 | Chg30d=+0.45% | Revisions=+0% | Analysts=3
EPS current Year (2026-12-31): EPS=0.86 | Chg30d=+0.59% | Revisions=+17% | GrowthEPS=+8.0% | GrowthRev=+5.6%
EPS next Year (2027-12-31): EPS=0.96 | Chg30d=+1.54% | Revisions=+17% | GrowthEPS=+11.2% | GrowthRev=+7.9%
[Analyst] Revisions Ratio: +0% (up=5, down=5)