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Banco Santander (Brasil) S.A.
Type
Sociedade Anônima
Traded as BM&F Bovespa: SANB11
NYSE: BSBR
Industry Financial services
Founded 1982
Headquarters São Paulo, Brazil
Key people
Sérgio Rial, (CEO)
Products Banking, insurance, asset management
Revenue Increase US$ 23.6 billion (2016)
Net income
Decrease US$ 2.2 billion (2016)
Total assets Decrease US$ 213.9 billion (2017)
Number of employees
50,578
Parent Banco Santander
Website www.santander.com.br

Banco Santander Brasil is a subsidiary of Banco Santander in Brazil, its largest division in Latin America and one of the world's most important, accounting for 50% of the total profit of the group. The bank was founded in 1982 in São Paulo, where its headquarters are located.

Santander is the fifth largest commercial bank in Brazil by assets, after Banco do Brasil, Itaú Unibanco, Bradesco and Caixa Econômica Federal. With more than 9 million customers, it operates in all segments of financial markets, with a network of 3696 branches and service centers and 18,312 ATMs

In 1997, Santander purchased Banco Geral do Comério S.A., initiating the wave of acquisitions through which it earned a position among the largest financial groups in Brazil. In 1998, it acquired Banco Noroeste S.A.. In January 2000, the Southern Financial conglomerate (Banco Meridional and Banco Bozano, Simonsen) joined the group. In November of the same year, Santander made its largest acquisition yet, taking control over Banespa, previously owned by Brazil's wealthiest state, São Paulo.

After the Banespa acquisition, the financial conglomerate Santander Banespa was formed. While a strong franchise, Santander's position was still heavily concentrated in the Southeast region of Brazil.

In 2007, Banco Santander participated along with Royal Bank of Scotland and Fortis in the acquisition of the Dutch financial conglomerate ABN AMRO. Santander took over ABN AMRO's Brazilian assets, mainly formed by the latter's acquisition of Banco Real, and developed a truly national platform, dropping the Banespa name and adopting the Santander Brasil franchise.

On October 7, 2009 the bank went public in the São Paulo Stock Exchange, also issuing ADRs in the NYSE. In Brazil, the IPO raised R$ 14.1 billion, or US$ 8.9 billion, the largest stock offering made in the BM&F Bovespa that year.

Banco Santander

News

Banco Santander (Brasil) S.A. -1.21% (financial)

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2020 2020-10-28 Future report Set alerts
Q2 2020 2020-07-29 0.00 0.09
Q1 2020 2020-04-28 0.23 0.19
Q4 2019 2020-01-29 0.25 0.36
Q3 2019 2019-10-31 0.24 0.21
Q2 2019 2019-07-26 0.25 0.24
Q1 2019 2019-04-30 0.25 0.25
Q4 2018 2019-01-30 0.24 0.28
Q3 2018 2018-10-31 0.21 0.20
Q2 2018 2018-07-25 0.23 0.16

Ratings

2016-07-06 Downgrade Deutsche Bank AG Hold to Sell
2016-06-23 Reiterated Rating Barclays Equal Weight
2016-06-23 Reiterated Rating Barclays PLC Equal Weight
2016-05-13 Downgrade UBS AG Neutral to Sell
2016-04-25 Upgrade JPMorgan Chase & Co. Neutral to Overweight
2016-03-24 Reiterated Rating Deutsche Bank Sell
2016-03-24 Reiterated Rating Deutsche Bank AG Sell
2016-03-21 Downgrade Societe Generale Hold to Sell
2016-03-08 Upgrade Goldman Sachs Neutral to Buy
2016-03-08 Upgrade Goldman Sachs Group Inc. Neutral to Buy
2016-03-02 Upgrade HSBC Hold to Buy
2016-01-19 Downgrade HSBC Hold to Reduce
2016-01-12 Reiterated Rating Bank of America Neutral
2016-01-12 Upgrade BNP Paribas Neutral to Outperform
2016-01-12 Reiterated Rating Bank of America Corp. Neutral
2016-01-06 Downgrade RBC Capital Sector Perform to Underperform $6.10 to $4.40
2016-01-06 Downgrade Royal Bank Of Canada Sector Perform to Underperform $6.10 to $4.40
2015-12-03 Downgrade Deutsche Bank Hold to Sell $6.00 to $4.00
2015-11-16 Reiterated Rating Berenberg Bank Sell $5.80 to $4.30
2015-11-12 Downgrade JPMorgan Chase & Co. Neutral to Underweight
2015-11-02 Upgrade JPMorgan Chase & Co. Neutral to Overweight
2015-10-27 Reiterated Rating Citigroup Inc. Neutral
2015-10-13 Downgrade Credit Suisse Neutral to Underperform
2015-10-13 Downgrade Credit Suisse Group AG Neutral to Underperform
2015-10-02 Reiterated Rating JPMorgan Chase & Co. Neutral
2015-09-21 Upgrade Banco Santander Neutral to Buy
2015-07-02 Upgrade JPMorgan Chase & Co. Neutral to Overweight
2015-05-28 Reiterated Rating Barclays Equal Weight to Underweight
2014-12-30 Initiated Coverage Goldman Sachs Sell
2014-12-15 Initiated Coverage Goldman Sachs Sell
2014-11-06 Upgrade HSBC Underweight to Neutral
2014-07-01 Downgrade Credit Suisse Outperform to Neutral
2013-12-09 Downgrade Goldman Sachs Neutral to Sell
2013-09-30 Upgrade Citigroup Inc. Sell to Neutral
2010-01-28 Initiated Citigroup Buy
2009-12-15 Initiated Deutsche Bank Hold $16
2016-07-06 Downgrade Deutsche Bank AG Hold to Sell
2016-06-23 Reiterated Rating Barclays Equal Weight
2016-06-23 Reiterated Rating Barclays PLC Equal Weight
2016-05-13 Downgrade UBS AG Neutral to Sell
2016-04-25 Upgrade JPMorgan Chase & Co. Neutral to Overweight

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks

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