(BSBR) Banco Santander Brasil - Overview

Sector: Financial Services | Industry: Banks - Regional | Exchange: NYSE (USA) | Market Cap: 40.432m USD | Total Return: 10.6% in 12m

Loans, Credit Cards, Insurance, Investment Banking, Deposits
Total Rating 25
Safety 39
Buy Signal -0.82
Banks - Regional
Industry Rotation: +1.2
Market Cap: 40.4B
Avg Turnover: 5.01M
Risk 3d forecast
Volatility33.8%
VaR 5th Pctl6.24%
VaR vs Median12.1%
Reward TTM
Sharpe Ratio0.44
Rel. Str. IBD22.6
Rel. Str. Peer Group12.3
Character TTM
Beta1.060
Beta Downside0.879
Hurst Exponent0.566
Drawdowns 3y
Max DD39.58%
CAGR/Max DD0.12
CAGR/Mean DD0.34
EPS (Earnings per Share) EPS (Earnings per Share) of BSBR over the last years for every Quarter: "2021-03": 0.1, "2021-06": 0.21, "2021-09": 0.22, "2021-12": 0.09, "2022-03": 0.1, "2022-06": 0.11, "2022-09": 0.08, "2022-12": 0.04, "2023-03": 0.06, "2023-06": 0.06, "2023-09": 0.08, "2023-12": 0.06, "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": 0.2038, "2026-03": 0.2024,
EPS CAGR: 57.26%
EPS Trend: 96.8%
Last SUE: -0.07
Qual. Beats: 0
Revenue Revenue of BSBR over the last years for every Quarter: 2021-03: 15272.315, 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: 44884.124, 2025-12: 42466.417, 2026-03: 38360.618,
Rev. CAGR: 12.25%
Rev. Trend: 95.0%
Last SUE: 0.49
Qual. Beats: 0

Warnings

Below Avwap Earnings

Tailwinds

No distinct edge detected

Description: BSBR Banco Santander Brasil

Banco Santander (Brasil) S.A. (BSBR) is a major financial institution headquartered in São Paulo, providing a comprehensive suite of retail and wholesale banking services. The company operates through two primary segments: Commercial Banking, focusing on individuals and small-to-medium enterprises, and Global Wholesale Banking, which handles corporate investment banking, structured finance, and capital markets operations.

The firm utilizes a multi-channel distribution model comprising physical branches, automated teller machines, and digital platforms to deliver products ranging from agribusiness credit to insurance and microfinance. In the Brazilian banking sector, large diversified banks often benefit from high interest rate spreads and significant cross-selling opportunities across insurance and asset management divisions. As a subsidiary of the Spanish-based Santander Group, the bank leverages global scale while maintaining a localized focus on Brazils emerging market dynamics.

Investors may find additional fundamental insights by reviewing the latest valuation metrics on ValueRay. The companys diverse revenue streams, including consumer finance and energy trading, position it as a critical player in the South American financial landscape.

Headlines to Watch Out For
  • Selic interest rate fluctuations directly impact net interest margin and credit spreads
  • Retail loan portfolio quality and delinquency rates dictate provisioning and profitability
  • Expansion of digital services and payroll loans drives market share growth
  • Brazilian macroeconomic stability influences credit demand and capital market activity fees
Piotroski VR-10 (Strict) 4.0
Net Income: 12.8b TTM > 0 and > 6% of Revenue
FCF/TA: 0.01 > 0.02 and ΔFCF/TA -1.80 > 1.0
NWC/Revenue: -321.9% < 20% (prev -276.2%; Δ -45.67% < -1%)
CFO/TA 0.01 > 3% & CFO 11.9b > Net Income 12.8b
Net Debt (-164b) to EBITDA (19.2b): -8.55 < 3
Current Ratio: 0.37 > 1.5 & < 3
Outstanding Shares: last quarter (7.49b) vs 12m ago 0.25% < -2%
Gross Margin: 27.15% > 18% (prev 0.33%; Δ 2.68k% > 0.5%)
Asset Turnover: 12.59% > 50% (prev 10.72%; Δ 1.87% > 0%)
Interest Coverage Ratio: 0.16 > 6 (EBITDA TTM 19.2b / Interest Expense TTM 107b)
Altman Z'' -2.25
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: 0.01 (EBIT TTM 16.6b / Avg Total Assets 1273b)
D: 0.11 (Book Value of Equity 127b / Total Liabilities 1166b)
Altman-Z'' = -2.25 = D
What is the price of BSBR shares?

As of May 24, 2026, the stock is trading at USD 5.56 with a total of 1,332,906 shares traded.
Over the past week, the price has changed by +1.13%, over one month by -10.82%, over three months by -18.63% and over the past year by +10.57%.

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 7.1 27%
Banco Santander Brasil (BSBR) - Fundamental Data Overview as of 20 May 2026
Market Cap BRL = 202b (40.4b USD * 4.9988 USD.BRL)
P/E Trailing = 16.875
P/E Forward = 6.25
P/S = 0.8843
P/B = 1.7063
P/EG = 0.4181
Revenue TTM = 160b BRL
EBIT TTM = 16.6b BRL
EBITDA TTM = 19.2b 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 = 37.8b BRL (202b + Debt 134b - CCE 298b)
Interest Coverage Ratio = 0.16 (Ebit TTM 16.6b / Interest Expense TTM 107b)
EV/FCF = 4.65x (Enterprise Value 37.8b / FCF TTM 8.12b)
FCF Yield = 21.48% (FCF TTM 8.12b / Enterprise Value 37.8b)
FCF Margin = 5.06% (FCF TTM 8.12b / Revenue TTM 160b)
Net Margin = 7.98% (Net Income TTM 12.8b / Revenue TTM 160b)
Gross Margin = 27.15% ((Revenue TTM 160b - Cost of Revenue TTM 117b) / Revenue TTM)
Gross Margin QoQ = 28.07% (prev 28.79%)
Tobins Q-Ratio = 0.03 (Enterprise Value 37.8b / Total Assets 1294b)
 Interest Expense / Debt = 79.69% (Interest Expense 107b / Debt 134b)
 Taxrate = 30.33% (1.43b / 4.71b)
NOPAT = 11.6b (EBIT 16.6b * (1 - 30.33%))
Current Ratio = 0.37 (Total Current Assets 298b / Total Current Liabilities 814b)
Debt / Equity = 1.06 (Debt 134b / totalStockholderEquity, last quarter 126b)
Debt / EBITDA = -8.55 (Net Debt -164b / EBITDA 19.2b)
Debt / FCF = -20.25 (Net Debt -164b / FCF TTM 8.12b)
Total Stockholder Equity = 124b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.00% (Net Income 12.8b / Total Assets 1294b)
RoE = 10.28% (Net Income TTM 12.8b / Total Stockholder Equity 124b)
RoCE = 10.79% (EBIT 16.6b / Capital Employed (Equity 124b + L.T.Debt 29.3b))
RoIC = 3.37% (NOPAT 11.6b / Invested Capital 343b)
WACC = 5.84% (E(202b)/V(336b) * Re(9.71%) + (debt cost/tax rate unavailable))
Discount Rate = 9.71% (= 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 = 47.80 (EV 194b - Net Debt -164b = Equity 358b / Shares 7.49b; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 96.82 | EPS CAGR: 57.26% | SUE: -0.07 | # QB: 0
Revenue Correlation: 95.04 | Revenue CAGR: 12.25% | SUE: 0.49 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.21 | Chg30d=+0.47% | Revisions=+14% | Analysts=3
EPS next Quarter (2026-09-30): EPS=0.22 | Chg30d=+1.67% | Revisions=+33% | Analysts=3
EPS current Year (2026-12-31): EPS=0.87 | Chg30d=+1.30% | Revisions=+0% | GrowthEPS=+8.9% | GrowthRev=+5.9%
EPS next Year (2027-12-31): EPS=0.97 | Chg30d=+2.48% | Revisions=+0% | GrowthEPS=+11.4% | GrowthRev=+8.0%
[Analyst] Revisions Ratio: +33%