Banco Santander (Brasil) stock
BSBRNYSEBanco Santander (Brasil) S.A., Financial ServicesISIN US05967A1079
46Score 46 out of 100, Weak
Price and trend
40 / 100
Price history
−22% in one yearThe chart shows daily closes over 17 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 15% below it.
Since May 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Normal: the price is neither overheated nor sold off (RSI 36).
The price is 32% below its 52-week high. Largest decline in 17 years: 81% (November 2010 to September 2015).
Chart figures for advanced users
- SMA 50$5.48
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$5.74
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)36
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$4.41
- The lowest closing price of the last twelve months.
- Resistance$7.20
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Banco Santander (Brasil) S.A. belongs to the Banks (Regional) industry (Brazil) and, with a market value of $26.5B, is number 54 of 422 companies in its industry on MEQIRI.
- This is an American depositary receipt (ADR).
- In fiscal 2025 it reported revenue of $8.4B (down 3.8% year on year) and earnings of $2.3B (down 4.5%).
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- MEQIRI Score 46 out of 100 (Weak): rank 891 of 976 in Financial Services, median 68.
- The P/E is 32.7 (Banks (Regional) median 12.2, own median of recent years 25.9).
- Our model puts fair value at $2.32, with the price 111% above it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Consistently profitableProfit in all 10 fiscal years from 2016 to 2025.Fundamentals 79
Weaknesses
- Above fair valuePrice 111% above the fair value of $2.32.Valuation 22
- Richly valuedP/E 32.7, Banks (Regional) median 12.2, own median 25.9.Valuation 22
- Earnings per share fallingDown 14.3% a year since 2020.Growth 15
Its standout strengths are fundamentals and stability, while valuation and growth hold the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
The fundamentals are strong overall.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk medium
How well MEQIRI warnsIn the middle among stocks ranked 101 to 1,000.
From 2016 to 2025, 13 in 100 such stocks fell 30% or more within a year, against a group average of 15 in 100.
What drives the risk
- price far below its 52-week high
What lowers it
- low growth grade (crashed less often in the backtest)
- solid fundamentals
Valuation
Valuation signal
Significantly overvaluedIn our model the price counts as cheap below $1.79 and expensive above $3.32 (uncertainty medium, based on the price swings of the past year).
The two parts of the fair value come to $2.81 (cash-flow model) and $1.83 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is above both.
Calculated with a cost of equity of 13.5%. At 14.5% the fair value would be $2.12, at 12.5% it would be $2.60.
Valuation metrics
Half from the dividend model, half from earnings times the industry P/E (12.2).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In fiscal 2025, revenue fell 3.8% on the prior year. Revenue has grown strongly since 2006, at around 12% per year.
Margins
- Operating margin
- Net margin
In fiscal 2025: operating 36%, net 27%. Banks and insurers have no gross margin, and their net margin is not comparable with other industries. The score leaves both out.
Debt & balance sheet
latest quarterFor banks and insurers, deposits and liabilities are the business. Debt to equity and the current ratio say little here, and the score does not rate them.
Earnings
- Next earnings
- 3 Feb 2027in 83 days
- Last reported
- 28 Oct 2026below expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- 3.73−2.2%
- Revenue
- $15.12B−2.1%
- Earnings per share
- 4.33−1.6%
- Revenue
- $16.33B−2.4%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook mixed
Share price after the results: −5.6%Santander Brasil expects an improvement in 2027 versus 2026, with a still negative result in agribusiness but better than 2026, while SME growth in 2027 is expected below 10% and margin and risk costs remain pressured by the interest rate environment and portfolio de-risking.
“If you get the recent dynamics of SMEs, most likely 2027 is not going to be a year with expected growth above 10%.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 28 Oct 2026 (fiscal Q3 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases in the last 6 months. 17 insiders sold, $2.32M in total.
Sales say less than purchases: many insiders sell on a fixed plan, for taxes or to diversify.
- Cabral Leonardo MendesSale
24 Sept 2026, Officer w/o Specific Desig
- Shares
- 20,000
- Price
- $5.68
- Value
- $113,600
- Ishii Michele SoaresSale
24 Sept 2026, Officer w/o Specific Desig
- Shares
- 800
- Price
- $5.67
- Value
- $4,536
- Viani Ede IlsonSale
22 Sept 2026, VP Exec Officer
- Shares
- 50,000
- Price
- $5.79
- Value
- $289,500
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- Saes EdmilsonSale
22 Sept 2026, VP Exec Officer
- Shares
- 50,000
- Price
- $5.79
- Value
- $289,500
- Ferro Denis JuniorSale
3 Sept 2026, Officer w/o Specific Desig
- Shares
- 3,203
- Price
- $5.95
- Value
- $19,058
- da Silva Marcos Jose MaiaSale
28 Aug 2026, Officer w/o Specific Desig
- Shares
- 7,474
- Price
- $5.74
- Value
- $42,901
- da Silva Marcos Jose MaiaPurchase
28 Aug 2026, Officer w/o Specific Desig
- Shares
- 79
- Price
- $5.76
- Value
- $455
- Janikian Cezar AugustoSale
27 Aug 2026, VP Exec Officer
- Shares
- 6,600
- Price
- $5.72
- Value
- $37,752
- Fasoli Franco LuigiSale
27 Aug 2026, Officer w/o Specific Desig
- Shares
- 5,143
- Price
- $5.75
- Value
- $29,572
- Gschliffner RudolfSale
25 Aug 2026, Officer w/o Specific Desig
- Shares
- 11,507
- Price
- $5.73
- Value
- $65,935
- Fasoli Franco LuigiSale
25 Aug 2026, Officer w/o Specific Desig
- Shares
- 13,707
- Price
- $5.76
- Value
- $78,952
- Garrido Eduardo AlvarezSale
13 Aug 2026, Officer w/o Specific Desig
- Shares
- 410
- Price
- $5.71
- Value
- $2,341
- Fasoli Franco LuigiSale
13 Aug 2026, Officer w/o Specific Desig
- Shares
- 24,600
- Price
- $5.71
- Value
- $140,466
- Vergara NicolasSale
11 Aug 2026, Officer w/o Specific Desig
- Shares
- 17,800
- Price
- $5.74
- Value
- $102,172
- Lima Paulo Fernando AlvesSale
11 Aug 2026, Officer w/o Specific Desig
- Shares
- 43,876
- Price
- $5.74
- Value
- $251,848
- Queiroz Celso Mateus DeSale
6 Aug 2026, Officer w/o Specific Desig
- Shares
- 29,299
- Price
- $5.78
- Value
- $169,348
- Rezende Robson de SouzaSale
4 Aug 2026, Officer w/o Specific Desig
- Shares
- 39,874
- Price
- $5.70
- Value
- $227,282
- Santos Gustavo de SousaSale
4 Aug 2026, Officer w/o Specific Desig
- Shares
- 29,200
- Price
- $5.70
- Value
- $166,440
- Margulies Mariana CahenSale
4 Aug 2026, Officer w/o Specific Desig
- Shares
- 42,545
- Price
- $5.70
- Value
- $242,507
- Leao Mario Roberto OpicePurchase
16 Jun 2026, CEO
- Shares
- 276,851
- Price
- $5.38
- Value
- $1.49M
- Leao Mario Roberto OpiceSale
16 Jun 2026, CEO
- Shares
- 276,851
- Price
- $5.38
- Value
- $1.49M
- Leao Mario Roberto OpiceSale
11 Jun 2026, CEO
- Shares
- 148,400
- Price
- $5.20
- Value
- $771,680
- Leao Mario Roberto OpicePurchase
11 Jun 2026, CEO
- Shares
- 148,400
- Price
- $5.20
- Value
- $771,680
- Ohtsuki VitorSale
9 Jun 2026, Officer w/o Specific Desig
- Shares
- 1,833
- Price
- $5.27
- Value
- $9,660
- Leao Mario Roberto OpiceSale
8 Jun 2026, CEO
- Shares
- 75,000
- Price
- $5.21
- Value
- $390,750
- Leao Mario Roberto OpicePurchase
8 Jun 2026, CEO
- Shares
- 75,000
- Price
- $5.21
- Value
- $390,750
- Garrido Eduardo AlvarezSale
20 May 2026, Officer w/o Specific Desig
- Shares
- 7,500
- Price
- $5.43
- Value
- $40,725
Shares and prices per ordinary share as filed with the SEC, not per depositary receipt.
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at Banco Santander (Brasil)
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
976 rated companies in Financial Services
- This company
- 46
- Sector median
- 68
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Banks (Regional)
The next larger and next smaller companies by market value
- China Everbright Bank601818.SS $27.9B49
- Citizens Financial GroupCFG $27.41B66
- AIB GroupA5G.IR $26.94B73
- Banco BradescoBBD $26.73B60
- E.SUN Financial Holding2884.TW $25.68B69
- First Citizens BancSharesFCNCA $25.62B78
- Mediobanca Banca di Credito FinanziarioMB.MI $24.61B71
- Banco BPMBAMI.MI $24.57B70
ETFs that hold Banco Santander (Brasil)
Held by 17 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| Franklin FTSE Brazil UCITS ETF USDFLXB | 0.49% | 0.19% | €232.67M |
| Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETFEHDL | 0.38% | 0.49% | €262.11M |
| iShares EM Dividend UCITS ETFEUNY | 0.37% | 0.65% | €1.25B |
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| iShares BIC 50 UCITS ETFIQQ9 | 0.10% | 0.74% | €99.3M |
| Invesco RAFI Emerging Markets Fundamental Value UCITS ETF6PSK | 0.02% | 0.49% | €85.48M |
| Vanguard FTSE Emerging Markets UCITS ETF (USD) AccumulatingVFEA | 0.02% | 0.17% | €5.24B |
| WisdomTree Emerging Markets Equity Income UCITS ETF AccWTD8 | 0.01% | 0.46% | €256.08M |
| Avantis Emerging Markets Equity UCITS ETF USD AccAVEM | 0.01% | 0.35% | €277.45M |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 11 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 11 Nov 2026 ($1 = R$5.5565)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 27 Oct 2026)
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.