Banco Santander (Brasil) S.A. (BSBR): price, analyst ratings, earnings and fundamentals
Updated 16 September 2026, 08:02 ET
Banco Santander (Brasil) S.A. (BSBR) closed at $5.86 on 15 September 2026, down 1.5%. The stock is up 1.6% over one month and up 9.1% over one year. It trades 19.9% below its 52-week high of $7.32. Analysts recorded 4 actions in the last 90 days; the median price target of $6 is 4.1% above the last close. The company last reported on 29 July 2026 for Q2 2026: EPS of $0.07 against an estimate of $0.20, a miss of 65.0%, on revenue of $4.1 billion.
Price and performance
Performance figures use dividend and split adjusted closes over trading sessions, so a one-year move compares the last close with the close 252 sessions earlier. The 52-week range uses the adjusted daily highs and lows of the same window. Read the guide: Momentum, trend and technical indicators.
The live chart with technical indicators is in the app: open BSBR in FundSpec.
Analyst ratings
Over the last 90 days FundSpec recorded 4 analyst actions on BSBR from 3 firms: 1 maintained or reiterated a view and 3 downgrades. Price targets were 3 lowered. The two most recent targets on file are $6.00 and $6.20, 4.1% above the last close.
| Date | Firm | Action | Price target |
|---|---|---|---|
| 15 Sep 2026 | HSBC | Downgrades to Hold from Buy | $7.20 to $6.20 |
| 24 Aug 2026 | UBS | Downgrades to Neutral from Buy | |
| 30 Jul 2026 | JP Morgan | Downgrades to Neutral from Overweight | $6.50 to $6.00 |
| 7 Jul 2026 | JP Morgan | Maintains Overweight | $7.00 to $6.50 |
| 11 Jun 2025 | UBS | Upgrades to Buy from Neutral | |
| 25 Nov 2024 | JP Morgan | Upgrades to Overweight from Neutral | $7.00 to $6.00 |
| 16 Oct 2023 | Jefferies | Initiates Coverage On Hold | $5.70 |
| 27 Jul 2023 | Barclays | Maintains Underweight | $5.00 to $5.50 |
| 15 Nov 2022 | Barclays | Downgrades to Underweight from Equal-Weight | $6.00 to $5.00 |
| 1 Nov 2022 | B of A Securities | Downgrades to Underperform from Neutral |
A price target is one firm's twelve-month view, and the median across firms is a steadier reading than any single call. Upgrades and downgrades matter more when they change a rating, not only a target. Read the guide: What analyst ratings and price targets actually tell you.
Every action with the firm's history is in Analyst Ratings.
Earnings
The next report is scheduled for 3 February 2027 before the open for Q4 2026, with EPS expected at $0.20 on revenue of $4.3 billion. Banco Santander (Brasil) S.A. beat the EPS estimate in 5 of its last 7 reported quarters.
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue |
|---|---|---|---|---|---|
| Q2 2026 | 29 Jul 2026 | $0.20 | $0.07 | -65.00% | $4.1B |
| Q1 2026 | 29 Apr 2026 | $0.22 | $0.10 | -54.55% | $4.0B |
| Q4 2025 | 4 Feb 2026 | $0.20 | $0.20 | 0.00% | $3.9B |
| Q2 2025 | 30 Jul 2025 | $0.18 | $0.25 | +38.89% | $3.6B |
| Q1 2025 | 30 Apr 2025 | $0.17 | $0.22 | +29.41% | $3.4B |
| Q4 2024 | 5 Feb 2025 | $0.18 | $0.21 | +16.67% | $3.7B |
| Q3 2024 | 29 Oct 2024 | $0.17 | $0.22 | +29.41% | $3.7B |
| Q2 2024 | 24 Jul 2024 | $0.16 | $0.22 | +37.50% | $3.8B |
An earnings surprise is the reported EPS against the consensus estimate on the day. The price reaction depends as much on guidance and on what was already priced in as on the surprise itself. Read the guide: Earnings season: estimates, surprises and price reaction.
Estimates, confirmed dates and alerts for every company are in Earnings.
Fundamentals
On a trailing twelve month basis the company shows revenue growth of N.A., a gross margin of N.A., an operating margin of N.A. and a return on equity of 10.60%.
Assets
| Line | Amount |
|---|---|
| Cash & Cash Equivalents | $73,272,606,000 |
| Other Receivables | $15,955,218,000 |
| Plant, Property & Equipment, Net | $5,046,133,000 |
| Goodwill Intangible Assets, Net | $61,071,657,000 |
| Deferred Tax Asset | $50,854,830,000 |
| Total Assets | $1,270,029,465,000 |
Liabilities and equity
| Line | Amount |
|---|---|
| Minority Interest | $1,379,614,000 |
| Total Liabilities | $1,143,476,321,000 |
| Total Stockholders Equity | $125,173,530,000 |
| Total Liability & Stockholders Equity | $1,270,029,465,000 |
Figures as filed with the SEC for the period ended 31 December 2025, in US dollars.
FundSpec fundamental metrics
Each metric is computed from the company's filings and ranked against every company FundSpec covers; the percentile is the share of covered companies with a lower value.
Leverage
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Debt/Assets | 0.00 | 17th | Calculated as the ratio of Short-Term Debt + Long-Term Debt / Total Assets. The higher the ratio, the higher the degree of leverage, and consequently, financial risk |
| Debt/Equity | 0.00 | 14th | Calculated as the ratio of Total Liabilities / Shareholders' Equity. The ratio indicates how much debt a company is using to finance its assets relative to the amount of value represented in shareholders’ equity |
Earnings Growth (Net Income)
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Net Income Pct Growth | -3.3% | 40th | The Net Income growth rate over the trailing twelve months (TTM) |
| Net Income Pct Growth 3 year CAGR | -3.3% | 40th | The Net Income compound annual growth rate (CAGR) over the past 3 years |
| Net Income Pct Growth 5 year CAGR | -0.7% | 43rd | The Net Income compound annual growth rate (CAGR) over the past 5 years |
Cashflow
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Operating Cashflow Pct Growth 3 year CAGR (FY) | -10.0% | 29th | The Operating Cashflow compound annual growth rate (CAGR) over the past 3 years |
| Operating Cashflow Pct Growth 5 year CAGR (FY) | -34.8% | 9th | The Operating Cashflow compound annual growth rate (CAGR) over the past 5 years |
Profitability
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Return on Assets Pct | 1.0% | 58th | Calculated as the ratio of Net Income / Total Assets. It is an indicator of how efficient the company is at using its assets to generate earnings. |
| Return on Equity Pct | 10.6% | 68th | Calculated as the ratio of Net Income / Shareholders' equity. It is a measure of how much profit a company generates with the money shareholders have invested. |
Margins and returns say how much of each dollar of sales becomes profit and how hard the balance sheet is working; leverage and liquidity say how much room the company has when conditions turn. Read the guide: A practical guide to discounted cash flow valuation.
Fair value, peer multiples and the full statement history are in the app: open BSBR in FundSpec.
SEC filings
The latest filing is a 20-F from 27 February 2026.
| Filed | Form | Document |
|---|---|---|
| 27 Feb 2026 | 20-F | View on sec.gov |
| 28 Feb 2025 | 20-F | View on sec.gov |
| 26 Feb 2024 | 20-F | View on sec.gov |
| 28 Feb 2023 | 20-F | View on sec.gov |
| 28 Feb 2022 | 20-F | View on sec.gov |
| 26 Feb 2021 | 20-F | View on sec.gov |
| 6 Mar 2020 | 20-F | View on sec.gov |
| 26 Mar 2019 | 20-F | View on sec.gov |
| 10 Apr 2018 | 20-F/A | View on sec.gov |
| 9 Apr 2018 | 20-F | View on sec.gov |
Company profile
- Exchange
- NYSE
- Sector
- Banks
- Industry
- Banking
- Headquarters
- São Paulo, Brazil
- Chief executive
- Mario Roberto Opice Leão
- Employees
- 52,600
- Website
- santander.com.br
- SEC CIK
- 0001471055
Banco Santander (Brasil) S.A. provides various banking products and services to individuals, small and medium enterprises, and corporate customers in Brazil and internationally. The company operates in two segments, Commercial Banking and Global Wholesale Banking. It also provides funding and financial advisory services related to projects, origination and distribution of fixed-income securities in debt capital markets.
Sector and peers
Banco Santander (Brasil) S.A. is part of the Banks sector, which FundSpec tracks across 315 companies.
Companies in the same industry by market capitalization:
RY Royal Bank Of CanadaMUFG Mitsubishi Ufj Financial Group Inc.SAN Banco Santander, S.A.TD Toronto Dominion BankSMFG Sumitomo Mitsui Financial Group, Inc.BBVA Banco Bilbao Vizcaya Argentaria, S.A.MFG Mizuho Financial Group Inc.BMO Bank Of Montreal /Can/
Put two of them side by side in Compare.
In FundSpec: the fair value estimate, the momentum reading, relative valuation against sector and industry peers, unusual options activity and AI model signals for BSBR are available to subscribers, with the same screen in the iOS and Android apps.
Open BSBR in FundSpec