Full text
Earnings transcript
Read the complete earnings call transcript.
BSBR
Banco Santander (Brasil) S.A.
$5.28
0.06
(1.15%)
| Exchange: | NYSE |
| Market Cap: | 39.534B |
| Shares Outstanding: | 2.468B |
Delayed data
About The Company
| Sector: | Financial Services | |||||
| Industry: | Banks – Regional | |||||
| CEO: | Mario Roberto Opice Leao | |||||
| Full Time Employees: | 55303 | |||||
| Address: |
| |||||
| Website: | https://www.santander.com.br |
Banco Santander (Brasil) S.A., together with its affiliated entities, operates as a prominent financial institution delivering an extensive array of banking and financial services. Its diverse client base includes individuals, small and medium-sized enterprises (SMEs), and large corporate customers, both within Brazil and internationally. The company’s operations are strategically divided into two primary segments: Commercial Banking and Global Wholesale Banking. Its core offerings encompass deposit accounts and various bank funding instruments, alongside a broad spectrum of payment solutions such as debit and credit cards, digital prepaid services, a robust payment platform, and loyalty programs. Santander Brasil also facilitates employee benefit vouchers, payroll loans, digital lending, and online debt renegotiation services. In the area of secured lending, it provides mortgages and home equity financing products, complementing general consumer credit options. For its business clients, the bank extends local and commercial loans, trade finance, guarantees, and sophisticated structured loans, in addition to comprehensive cash management and funding solutions, including on-lending transfer services. The institution’s expertise also covers financial advisory for projects, the origination and distribution of fixed-income securities in debt capital markets, financing for acquisitions, syndicated loans, and other complex structured financing arrangements, including subordinated debt and initiatives focused on energy efficiency. Furthermore, it offers advisory services for mergers and acquisitions (M&A) and equity capital market (ECM) transactions, supported by stock brokerage, equity advisory, and in-depth equity research. Santander Brasil is also active in structuring and providing foreign exchange (FX), derivative, and diverse investment products tailored for institutional, corporate, and retail investors, alongside offering vital market-making services. The bank continues to innovate by delivering instant payment solutions, a specialized suite of products and services for the agribusiness sector, and microfinance services. Its digital footprint extends to online automotive listing platforms, digital car insurance solutions, and a sophisticated digital trading platform. Customers can access these financial products and services through an extensive multi-channel distribution network, which includes traditional branches, mini-branches, ATMs, call centers, and comprehensive internet and mobile banking platforms. Banco Santander (Brasil) S.A. was founded in 1985 and has its principal headquarters situated in São Paulo, Brazil.
Click to read more…
Revenue Segmentation
EPS
Historical EPS and analyst estimates in one chart. Log in for the full interactive view and links to detailed estimates.
Earnings Call
AI summary
Key takeaways
Short, structured highlights from the call so you can focus on what matters.
Log in to continue
Log in to read the full transcript and AI-generated earnings summaries.
Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 121,364,019 | 129,023,065 | 151,540,587 |
| Gross Profit | 35,540,934 | 43,922,909 | 41,701,588 |
| EBITDA | 14,662,601 | 21,921,246 | 19,354,777 |
| Operating Income | 11,921,651 | 19,190,228 | 16,728,994 |
| Net Income | 9,449,313 | 13,365,506 | 12,766,035 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 1,115,652,776 | 1,238,796,810 | 1,270,029,465 |
| Total Liabilities | 1,000,796,422 | 1,118,969,678 | 1,143,476,321 |
| Total Stockholders Equity | 114,453,004 | 119,491,685 | 125,173,530 |
| Total Debt | 144,024,389 | 135,371,526 | 129,955,620 |
| Cash and Cash Equivalents | 193,990,268 | 204,884,465 | 201,981,981 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 36,614,788 | -21,131,267 | 4,992,175 |
| Capital Expenditure | -3,352,719 | -2,609,981 | -3,655,909 |
| Free Cash Flow | 33,262,069 | -23,741,248 | 1,336,266 |
| Net Income | 9,449,313 | 13,413,763 | 12,965,123 |
| Net Change in Cash | 39,852,426 | -22,216,855 | 6,071,701 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2028 | Full Access | Full Access | Full Access | Full Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 99,637,258.649 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (High) | 106,227,588.309 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (Avg) | 103,728,879.941 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Low) | 19,510,398.249 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (High) | 20,800,878.919 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Avg) | 20,311,596.134 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Low) | 20,446,244.059 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (High) | 22,226,292.031 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Avg) | 21,551,384.754 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Low) | 15,611,685.053 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (High) | 16,644,292.256 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Avg) | 16,252,781.604 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Avg) | 5.670 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (High) | 5.840 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Low) | 5.370 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated Revenue) | 1 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated EPS) | 1 | Full Access | Full Access | Full Access | Full Access |
Log in to continue
Log in and subscribe to Full Access to see up to 5 years of analyst estimates.
Login — it's free(* All numbers are in thousands)
Current Key Metrics
Log in to continue
Log in to see all key valuation metrics and ratios for this symbol.
Login — it's freeForward P/E Ratios
Log in to continue
Log in with Full Access for forward P/E high/low estimates and the full multi-year table.
Login — it's freeSWOT Analysis
Strengths (preview)
- Robust Financial Performance: Santander Brazil reported growth in net interest income (NII) during the 2023 earnings call, reflecting strong core banking operations. Key metrics such as revenue, net income, and operating cash flow from the income and cash flow statements indicate consistent profitability, supported by effective cost management highlighted in the earnings call summary.
- Solid Market Position: As part of the banking sector in Brazil, BSBR benefits from a strong presence in a key emerging market. The company profile data, including market capitalization and full-time employees, suggest a significant operational scale, providing a competitive edge within the industry.
- Positive Earnings Outlook: The 2023 earnings call summary indicates management’s confidence in the strategic direction for 2024, underpinned by sustained financial performance. This aligns with stable or improving key metrics like return on equity (ROE) and net profit margin (TTM) from the provided data.
- Dividend Yield: BSBR offers a competitive dividend yield (TTM), as per key metrics, which can attract income-focused investors and provide a buffer against market volatility.
Log in with Full Access for Weaknesses, Opportunities, Threats, and the complete SWOT.
At what price to buy it? -
Intrinsic Value Calculator
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
[intrinsic_calculator]
Common questions about BSBR valuation
Is Banco Santander (Brasil) S.A. (BSBR) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for Banco Santander (Brasil) S.A. (BSBR) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is BSBR a buy, hold, or sell for long-term investors?
MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether BSBR trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is BSBR’s P/E ratio?
You can see BSBR’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for BSBR?
MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is BSBR a good long-term investment?
Whether BSBR fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
BSBR
1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.
Daily snapshot
1.15
Trading Metrics:
| Open: | 5.27 | Previous Close: | 5.22 | |
| Day Low: | 5.22 | Day High: | 5.33 | |
| Year Low: | 4.62 | Year High: | 7.32 | |
| Price Avg 50: | 5.8 | Price Avg 200: | 5.93 | |
| Volume: | 2.409M | Average Volume: | 1.012M |
Log in to continue
Log in for multi-period charts (1W–5Y), period tabs, and the same layout as members.
Login — it's freeBSBR full analysis
Welcome to MARKETSNAP’s SWOT analysis for Banco Santander Brasil, or as some of you might know it by its ticker, BSBR. If you’re not familiar with this name, let me give you the quick rundown. Banco Santander Brasil is a major player in the banking and financial services space, operating out of Brazil and serving as a key subsidiary of the global Santander Group. They’re deeply embedded in the financial sector, offering everything from retail banking to corporate solutions in…
