BSBR Stock Analysis: Banco Santander Brasil | NYSE
Banks - Regional | NYSE, USA | Market Cap: 17.708m USD | 12M Return: -16.4% | US05967A1079 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 16.8M
EPS Trend: 84.6%
Qual. Beats: -2
Rev. Trend: 71.9%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.9 years of data, until 10/2026
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, ≥40 worth a closer look and ≥60 is strong.
Banco Santander (Brasil) S.A. is a large-cap Brazilian bank operating through two main segments: Commercial Banking and Global Wholesale Banking. It serves individuals, small and medium enterprises, and corporate clients in Brazil and internationally, offering a broad portfolio that includes credit and debit cards, payroll and real estate loans, agribusiness financing, microfinance, insurance products, and consumer finance. The company also provides corporate and investment banking services such as cash management, trade finance, M&A advisory, capital markets, and structured finance, alongside cash management solutions, deposits, and investment products.
Distribution is carried out through branches, mini-branches, ATMs, call centers, banking correspondents, and digital channels. Founded in 1970 and headquartered in São Paulo, the bank trades on the NYSE as an ADR under the ticker BSBR. As a diversified bank within the financials sector, it combines retail banking scale with wholesale and investment banking capabilities, a dual model common among large universal banks in Latin America.
- Brazil Selic rate cuts pressure net interest margins
- Commercial Banking loan growth in SMEs and mortgages accelerates
- Capital return to parent Santander drives shareholder distributions
| Net Income: 12.8b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA 4.15 > 1.0 |
| NWC/Revenue: -333.9% < 20% (prev 1.21%; Δ -335.1% < -1%) |
| CFO/TA 0.04 > 3% & CFO 55.5b > Net Income 12.8b |
| Net Debt (-184b) to EBITDA (19.2b): -9.56 < 3 |
| Current Ratio: 0.39 > 1.5 & < 3 |
| Outstanding Shares: last quarter (7.49b) vs 12m ago 0.22% < -2% |
| Gross Margin: 26.67% > 18% (prev 28.73%; Δ -2.07% > 0.5%) |
| Asset Turnover: 3.91% > 50% (prev 5.12%; Δ -1.22% > 0%) |
| Interest Coverage Ratio: 0.15 > 6 (EBIT TTM 16.6b / Interest Expense TTM 109b) |
| A: -0.40 (Total Current Assets 332b - Total Current Liabilities 857b) / Total Assets 1317b |
| B: 0.05 (Retained Earnings 68.1b / Total Assets 1317b) |
| C: 0.00 (EBIT TTM 16.6b / Avg Total Assets 4028b) |
| D: 0.11 (Book Value of Equity 128b / Total Liabilities 1186b) |
| Altman-Z'' = -2.31 = D |
As of November 12, 2026, the stock is trading at USD 4.90 with a total of 1,856,238 shares traded. Over the past week, the price has changed by +2.94%, over one month by -13.86%, over three months by -13.56% and over the past year by -16.37%.
Current recommended Stop Loss: 4.60 (which is 6.1% or 1.6 ATR below the current price).
Banco Santander Brasil has received a consensus analysts rating of 3.33. Therefore, it is recommended to hold BSBR.
- StrongBuy: 0
- Buy: 1
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 6.8 | 38.2% |
Market Cap BRL = 98.9b (17.7b USD * 5.5827 USD.BRL)
P/E Trailing = 15.2581
P/E Forward = 5.9844
P/S = 0.3809
P/B = 1.4203
P/EG = 0.4181
Revenue TTM = 157b BRL
EBIT TTM = 16.6b BRL
EBITDA TTM = 19.2b BRL
Long Term Debt = 32.9b BRL (from longTermDebt, last quarter)
Short Term Debt = 116b BRL (from shortTermDebt, last quarter)
Debt = 148b BRL (from shortLongTermDebtTotal, last quarter)
Net Debt = -184b BRL (calculated: Debt 148b - CCE 332b)
Enterprise Value = 98.9b BRL (floored to Market Cap, CCE > MCap+Debt)
Interest Coverage Ratio = 0.15 (Ebit TTM 16.6b / Interest Expense TTM 109b)
EV/FCF = 1.95x (Enterprise Value 98.9b / FCF TTM 50.7b)
FCF Yield = 51.32% (FCF TTM 50.7b / Enterprise Value 98.9b)
FCF Margin = 32.25% (FCF TTM 50.7b / Revenue TTM 157b)
Net Margin = 8.14% (Net Income TTM 12.8b / Revenue TTM 157b)
Gross Margin = 26.67% ((Revenue TTM 157b - Cost of Revenue TTM 115b) / Revenue TTM)
Gross Margin QoQ = 25.26% (prev 24.31%)
Tobins Q-Ratio = 0.08 (Enterprise Value 98.9b / Total Assets 1317b)
Interest Expense / Debt = 73.63% (Interest Expense 109b / Debt 148b)
Taxrate = 21.35% (3.54b / 16.6b)
NOPAT = 13.0b (EBIT 16.6b * (1 - 21.35%))
Current Ratio = 0.39 (Total Current Assets 332b / Total Current Liabilities 857b)
Debt / Equity = 1.16 (Debt 148b / totalStockholderEquity, last quarter 128b)
Debt / EBITDA = -9.56 (Net Debt -184b / EBITDA 19.2b)
Debt / FCF = -3.62 (Net Debt -184b / FCF TTM 50.7b)
Total Stockholder Equity = 127b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.32% (Net Income 12.8b / Total Assets 1317b)
RoE = 10.09% (Net Income TTM 12.8b / Total Stockholder Equity 127b)
RoCE = 10.37% (EBIT 16.6b / Capital Employed (Equity 127b + L.T.Debt 32.9b))
RoIC = 2.30% (NOPAT 13.0b / Invested Capital 567b)
WACC = 4.05% (E(98.9b)/V(247b) * Re(10.13%) + (debt cost/tax rate unavailable))
Discount Rate = 10.13% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 95.45 | Cagr: 0.16%
[DCF] Terminal Value 75.44% ; FCFF base≈50.7b ; Y1≈50.9b ; Y5≈54.0b
[DCF] Fair Price = 273.2 (EV 839b - Net Debt -184b = Equity 1023b / Shares 3.74b; r=8.35% [WACC [floored]]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: 84.58 | EPS CAGR: 22.27% | SUE: -2.62 | # QB: -2
Revenue Correlation: 71.88 | Revenue CAGR: 48.12% | SUE: 0.23 | # QB: 0
EPS current Quarter (2027-03-31): EPS=0.18 | Chg30d=-11.90% | Revisions=-25% | Analysts=2
EPS current Year (2026-12-31): EPS=0.67 | Chg30d=-5.25% | Revisions=-40% | GrowthEPS=-15.8% | GrowthRev=+2.6%
EPS next Year (2027-12-31): EPS=0.85 | Chg30d=-1.32% | Revisions=-40% | GrowthEPS=+26.4% | GrowthRev=+7.5%
[Analyst] Revisions Ratio: -62% (up=0, down=5)