BSBR - Banco Santander (Brasil) S.A.
| Previous Close | 11.22 |
| Open | 11.15 |
| Bid | 11.20 x 2200 |
| Ask | 11.21 x 1200 |
| Day's Range | 11.00 - 11.28 |
| 52 Week Range | 7.20 - 12.25 |
| Volume | 631,146 |
| Avg. Volume | 1,398,684 |
| Market Cap | 42.311B |
| Beta (3Y Monthly) | 0.38 |
| PE Ratio (TTM) | 15.37 |
| EPS (TTM) | 0.73 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.16 (1.38%) |
| Ex-Dividend Date | 2018-10-10 |
| 1y Target Est | 10.06 |
Motley Fool•17 hours agoWhy Banco Santander Brasil Shares Soared 29% in October
Brazilian politics provided an external boost to Santander's share price -- at least temporarily.
- Moody's•4 days ago
Fundo de Investimento em Direitos Creditorios Mercantis Auto Pecas -- Moody's assigns ratings to second senior issuance of FIDC Mercantis Auto Peças, a Brazilian trade receivables securitization
Moody's America Latina (Moody's) has assigned ratings of A3 (sf) (Global Scale, Local Currency) and Aaa.br (sf) (Brazilian National Scale) to the second issuance of Senior Shares of Fundo de Investimento em Direitos Creditórios Mercantis Auto Peças, a securitization backed by a pool of trade receivables originated by Goodyear do Brasil Produtos de Borracha Ltda. The ratings are assigned to the sole class of shares. ** Eligibility criteria requiring that the receivable are fully eligible for coverage under a credit insurance policy.
Bloomberg•5 days agoSpain to Change the Law to Make Banks Pay for Stamp Duty
The government announcement was a response to the popular and political outrage that followed a court decision last night that home buyers should pay the tax. Prime Minister Pedro Sanchez said the government regrets the Supreme Court decision handed down late Tuesday, and that it will make banks pay the tax from the moment it publishes a decree on the matter. “Never again will Spaniards pay the tax,” Sanchez said at a news conference in Madrid on Wednesday.
- The Wall Street Journal•11 days ago
[$$] Turkey Doesn't Have to Be a Disaster for Banks
Bank investors seem to be spooked by Turkey, but they may be overreacting. That is one lesson you could draw from the share-price reactions to third-quarter results from two Spanish banks.
- Associated Press•12 days ago
Banco Santander: 3Q Earnings Snapshot
The bank, based in Madrid, said it had earnings of 13 cents per share. The financial holding company posted revenue of $13.63 billion in the period. Its revenue net of interest expense was $13.63 billion, ...
- Reuters•12 days ago
Shares in Santander Brasil drop as bank posted lower margin
Shares of Banco Santander Brasil SA were down 6 percent in Wednesday afternoon trading after analysts said the bank's quarterly results showed some signs of weakness in the third-quarter in spite of a higher-than-expected profit. Fee income and net interest margin - the difference between what a bank pays to borrow money and what it charges customers for loans - dropped in the quarter, raising questions if this performance would be a trend for the coming quarters. Chief Financial Officer Angel Santodomingo added fuel to the fire, saying on Wednesday that competition would pressure the bank's net income margin over coming quarters.
- Reuters•12 days ago
Relief bounce for European shares as earnings reassure
By Helen Reid LONDON (Reuters) - European shares rallied on Wednesday as a tumultuous October drew to a close and strong results from L'Oreal, Sanofi and banks Standard Chartered and Santander soothed ...
- Reuters•12 days ago
UPDATE 1-Santander Brasil beats profit estimate on loan book growth
Banco Santander Brasil SA beat analysts' third-quarter estimates for profit on Wednesday as the bank reported another quarter of strong loan book growth. Recurring net income at the Brazilian unit of Spain's Banco Santander SA (SAN .MC) came in at 3.108 billion reais ($841 million) in the third quarter, 2.85 percent above the Refinitiv average estimate from analysts and 20.2 percent above the same period a year earlier. The bank's loan book reached 380.7 billion reais, driven by individuals and small companies.
Reuters•12 days agoSantander draws on Spanish home comforts, capital improves
A strong performance in its Spanish domestic market and a solid underlying business in Brazil drove Banco Santander (SAN.MC) third-quarter net profit up 36 percent from a year earlier while the lender also managed to improve its solvency position. Shares in Santander, the euro zone's biggest bank by market value, rose 4 percent on Wednesday, against a 1.5 percent rise on the European STOXX banking index (.SX7P). Analysts welcomed the bank's results at home in Spain and solid underlying performing in Brazil, as well as a recovery in Britain and its capacity to improve its capital ratios.
- Financial Times•12 days ago
[$$] Santander profits rise on robust results in Brazil and Spain
, helping the eurozone’s largest bank by market value to report a 36 per cent rise in net profits in the third quarter. For the nine-month period, net profits were up 13 per cent to €5.7bn, the company said on Wednesday. The results sent shares up more than 4 per cent. However, like many European banks Santander’s stock has fallen 27 per cent in the past year amid concerns about persistently low interest rates and the financial system’s exposure to Turkey and Italy.
- Bloomberg•12 days ago
Santander Meets Capital Goal Amid Surge in Quarterly Profit
Key HighlightsA positive surprise was the building of capital with 31 basis points added to fully-loaded core equity Tier 1 in the quarter, taking the measure to 11.11 percent. The election of Jair Bolsonaro has raised hopes he’ll implement reforms that will boost Santander’s largest market, and the real has recently pared losses.The U.K. showed signs of stabilizing after a tough regulatory environment and uncertainty surrounding Brexit weighed on the business in prior quarters. Santander has had to invest money in projects such as ring-fencing, which obliges banks to separate investment arms from retail banking.
- The Wall Street Journal•12 days ago
[$$] Santander Profit Surges
Banco Santander SA’s (SAN.MC) third-quarter net profit grew strongly from a year earlier, when it reported a number of one-off charges. Net profit for the period rose roughly 36% to 1.99 billion euros ($2.
- CNBC•12 days ago
Santander posts earnings in line with expectations as third-quarter profits surge
The euro zone's largest bank by market value posted attributable net profit of 1.99 billion euros ($2.256 billion) for the three-month period ending Sept. 30. Analysts at data firm Refinitiv had been expecting third-quarter net profit to come in at around 1.98 billion euros. Like Spanish rival BBVA, Santander makes most of its profit overseas, a model that has helped the bank counter a double-dip recession at home in recent years.
- Zacks•20 days ago
OSVBF vs. BSAC: Which Stock Is the Better Value Option?
OSVBF vs. BSAC: Which Stock Is the Better Value Option?
- Reuters•21 days ago
Mexico's next president vows security for banks in Santander meeting
Mexican President-elect Andres Manuel Lopez Obrador on Monday told the chair of Banco Santander, Spain's biggest bank, that his government will create a safe environment for banks, aimed at encouraging foreign investment. "The domestic banks, the foreign banks, will have security during our government, because we need the investment," he said in a video posted to Twitter, in which he stands next to Santander Executive Chair Ana Botin. Santander, whose local unit is listed on Mexico's stock exchange, committed to invest 15 billion pesos ($773 million) in Mexico between 2017 and 2019, making it among the group's largest investments worldwide.
Reuters•24 days agoEuropean politicians call for clampdown on tax trade trick
European politicians have called for action to tackle dividend stripping after Reuters and other media revealed how large banks were involved in trading schemes that cost taxpayers billions of euros. In Germany's biggest post-war fraud investigation, prosecutors in Cologne are investigating banks involved in the trades, which secured illicit double tax rebates on dividend payouts. Reuters spoke to bankers, officials and people directly involved in the probe and reviewed thousands of pages of internal bank files, correspondence and legal papers obtained as part of a European media investigation called the "cum-ex files" coordinated by non-profit newsroom Correctiv.
- Bloomberg•25 days ago
Santander Joins List of Banks in German Tax-Dodge Crackdown
The Spanish lender confirmed on Thursday that it is being investigated and said it is fully cooperating. It has also started an internal investigation to look into the allegations. A group of cooperating media organizations from a dozen countries, including Spanish newspaper El Confidencial, reported the news earlier, along with some other fresh details.
- Reuters•26 days ago
Seven international banks agree to launch digital trade finance network
Seven banks, including HSBC (HSBA.L) and Banco Santander (SAN.MC), have signed a Memorandum of Understanding (MoU) to create a global digital network in trade finance aiming at allowing cheaper and easier funding for corporates, a Santander manager said on Wednesday. The Australia and New Zealand Banking Group ANZ (ANZ.AX), BNP Paribas (BNPP.PA), Citibank (C.N), Standard Chartered and Deutsche Bank (DBKGn.DE) also agreed to join the digital trade information network expected to be operational by the third quarter of next year. "It is the first time that these banks come together to set a standard (...) that will allow cheaper access to finance because the risks are going to be reduced," Rogier Schulpen, global head of trade and working solutions at Banco Santander, said in a phone interview.
- Reuters•26 days ago
Dividend windfall: Santander latest target in Germany's giant fraud probe
Spain's Santander is the latest bank to be caught up in Germany's biggest post-war fraud investigation involving a share-trading scheme that the authorities say cost taxpayers billions of euros. In June, prosecutors in Cologne opened a tax investigation into Santander, confidential documents relating to a state prosecutors' investigation seen by Reuters and other European news organisations reveal for the first time. Santander's role in the scheme was to carry out trades, the prosecutors say, as one of many parties involved.
Reuters•26 days agoDividend windfall: Santander latest target in Germany's giant fraud probe
Spain's Santander (SAN.MC) is the latest bank to be caught up in Germany's biggest post-war fraud investigation involving a share-trading scheme that the authorities say cost taxpayers billions of euros. In June, prosecutors in Cologne opened a tax investigation into Santander, confidential documents relating to a state prosecutors' investigation seen by Reuters and other European news organizations reveal for the first time. Santander's role in the scheme was to carry out trades, the prosecutors say, as one of many parties involved.
- Reuters•26 days ago
BRIEF-Citigroup- ANZ, Banco Santander, BNP Paribas, Citi, Deutsche Bank, HSBC, Standard Chartered Announce Joint Initiative To Build Digital "Trade Information Network" By 2018 End
Oct 17 (Reuters) - Citigroup Inc: * CITIGROUP- ANZ, BANCO SANTANDER, BNP PARIBAS, CITI, DEUTSCHE BANK, HSBC, STANDARD CHARTERED ANNOUNCE JOINT INITIATIVE TO BUILD DIGITAL "TRADE INFORMATION NETWORK" ...
Reuters•26 days agoSeven international banks agree to launch digital trade finance network
Seven banks, including HSBC (HSBA.L) and Banco Santander (SAN.MC), have signed a Memorandum of Understanding (MoU) to create a global digital network in trade finance aiming at allowing cheaper and easier funding for corporates, a Santander manager said on Wednesday. The Australia and New Zealand Banking Group ANZ (ANZ.AX), BNP Paribas (BNPP.PA), Citibank (C.N), Standard Chartered and Deutsche Bank (DBKGn.DE) also agreed to join the digital trade information network expected to be operational by the third quarter of next year. "It is the first time that these banks come together to set a standard (...) that will allow cheaper access to finance because the risks are going to be reduced," Rogier Schulpen, global head of trade and working solutions at Banco Santander, said in a phone interview.
- Reuters•last month
Brazil's far-right Bolsonaro: No coalition politics in cabinet picks
BRASILIA/SAO PAULO, Oct 9 (Reuters) - Far-right Brazilian presidential candidate Jair Bolsonaro vowed on Tuesday to appoint non-partisan ministers, breaking with the tradition of building cabinets through coalitions, as part of his bid to tackle graft in Latin America's largest economy. With a commanding lead in the first round - he won 46 percent of the vote to Haddad's 29 percent - and a tidal wave of support lifting his congressional allies, Bolsonaro says he has the capital to fundamentally change the political process. "Once we get there, let's build a team of ministers committed to the future of Brazil and not political and partisan interests," Bolsonaro said.
- Reuters•last month
Far-right candidate eyes Santander Brasil director for central bank -report
BRASILIA/SAO PAULO, Oct 9 (Reuters) - Far-right Brazilian presidential candidate Jair Bolsonaro, pushing to put business leaders in government roles, could invite the head of global markets at Santander Brasil SA to lead the central bank if current governor Ilan Goldfajn declines to stay, a newspaper reported on Tuesday. Roberto Campos Neto, who also runs the trading desk of Santander Brasil, is one of several executives being considered to run ministries and state enterprises, Folha de S.Paulo reported without saying how it obtained the information. Congressman Bolsonaro came just short of the majority vote that would have won him the presidency outright in Sunday's election.
