BSBR - Banco Santander (Brasil) S.A.
| Previous Close | 11.19 |
| Open | 11.14 |
| Bid | 11.44 x 1100 |
| Ask | 11.45 x 2900 |
| Day's Range | 11.10 - 11.62 |
| 52 Week Range | 7.20 - 13.73 |
| Volume | 809,413 |
| Avg. Volume | 899,296 |
| Market Cap | 42.759B |
| Beta (3Y Monthly) | 0.07 |
| PE Ratio (TTM) | 14.46 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.26 (2.35%) |
| Ex-Dividend Date | 2019-04-08 |
| 1y Target Est | N/A |
- Reuters•4 days ago
European banks Credit Agricole and Santander team up in asset services
France's Credit Agricole and Spain's Santander plan to combine their custody and asset servicing operations, in a deal that could point the way for European banks to achieve scale without the complexity of a full merger. The new business will have around $3.8 trillion (£2.9 trillion) of assets under custody, closing the gap on European leaders and providing scope for savings and cost reductions. Credit Agricole will own 69.5 percent of the merged unit, which will keep the brand name of Agricole's existing asset management arm - Caceis.
- Financial Times•5 days ago
Crédit Agricole and Santander unveil $3.8tn custody tie-up
French bank Crédit Agricole has agreed to take over the global custody operations of its Spanish rival Banco Santander to create a new business with $3.8tn of assets as European lenders join forces to achieve greater scale. Crédit Agricole will own 69.5 per cent and Santander 30.5 per cent of the new entity, which will include the Spanish lender’s S3 custody businesses in Spain, Brazil, Mexico and Colombia as well as the French bank’s operations, known as CACEIS. It will have €3.3tn in assets under custody and €1.8bn in assets under administration, with a strong presence in fast-growing Latin America, the companies said in statements on Wednesday.
- Reuters•5 days ago
Brazil's Petrobras hires JPMorgan, Citi to manage BR Distribuidora offering -sources
State-run oil company Petroleo Brasileiro SA has hired nine banks to manage an offering of shares in its fuel distribution unit Petrobras Distribuidora SA, three sources with knowledge of the matter said. The offering will be led by the investment banking units of JPMorgan Chase & Co and Citigroup Inc, along with the investment banks owned by Itau Unibanco Holding SA , Banco Bradesco SA, Bank of America Corp , Credit Suisse Group AG, Banco do Brasil SA , Banco Santander Brasil SA and HSBC Holdings Plc.
- TheStreet.com•5 days ago
What Is SWIFT and How Is It Used in 2019?
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is the network that banks and other financial institutions use for transferring information securely. Most major financial institutions use SWIFT, as it is considered the gold standard for reliable and secure financial messaging. Originally founded in the 1970s, SWIFT was created when banks around the world decided to collaborate to solve the problem of cross-border payments.
Bloomberg•5 days agoSantander Says CoCo Convention Is for the Birds
The bank infuriated many of its debt-holders back in February, when it chose to break an established convention and not redeem (or “call,” to use the industry parlance) a similar 1.5 billion euro note, known as a perpetual contingent convertible (or CoCo for short). There has also always been an unwritten rule – in Europe, at least – that they would be called by the issuer on or before their expected redemption date, offering investors some certainty. Given all of this, some market commentators are interpreting Santander’s decision this week to call a separate $1.5 billion (dollar-denominated) CoCo as some kind of olive branch to debt investors.
- Reuters•9 days ago
Santander seeks full ownership of Mexican business with $2.9 billion deal
SANTANDER, Spain/MEXICO CITY (Reuters) - Santander has offered to take full control of its Mexican business through a 2.6 billion euro (£2.3 billion) all-share deal as the Spanish bank chases potentially higher returns available from Latin America. The deal proposed on Friday, which was broadly welcomed by analysts but described as "oppressive" by a major investor, will unwind Santander's listing of 25% of the bank on the Mexican stock exchange in 2012. While record-low interest rates have prevailed across the euro zone for the past 10 years, benchmark rates in Mexico stand at 8.25%, the highest since the 2008 global financial crisis.
- Reuters•9 days ago
Santander seeks full ownership of Mexican business with $2.9 bln deal
SANTANDER, Spain/MEXICO CITY, April 12 (Reuters) - Santander has offered to take full control of its Mexican business through a 2.6 billion euro ($2.9 billion) all-share deal as the Spanish bank chases potentially higher returns available from Latin America. The deal proposed on Friday, which was broadly welcomed by analysts but described as "oppressive" by a major investor, will unwind Santander's listing of 25% of the bank on the Mexican stock exchange in 2012. While record-low interest rates have prevailed across the euro zone for the past 10 years, benchmark rates in Mexico stand at 8.25%, the highest since the 2008 global financial crisis.
- Reuters•9 days ago
European shares end higher boosted by banks and auto stocks
Banks and the auto sector were the biggest boosts to the benchmark on the day. Italy's MIB led gains in the region with its 0.8 percent rise, having hit an eight-month high earlier the session, while German shares closed up 0.5 percent. Data showed that China's exports rebounded to a five-month high in March, but imports shrank for a fourth straight month and at a faster pace, painting a mixed picture of the economy.
- Zacks•9 days ago
BSBR vs. BSAC: Which Stock Should Value Investors Buy Now?
BSBR vs. BSAC: Which Stock Is the Better Value Option?
- Reuters•9 days ago
Santander to book first-quarter charges of 100 million euros in UK and Poland
SANTANDER, Spain (Reuters) - Santander will book charges of 100 million euros (£86.5 million) in the first quarter as part of its ongoing cost cuts in the United Kingdom and Poland that involve branch ...
- Reuters•9 days ago
European shares edge lower as Unicredit, Banco Santander fall
European shares ticked lower on Friday, dragged down by banks, while lingering worries over global growth kept investors on edge before the crucial earnings season in the United States. The pan-European STOXX 600 index was down 0.2 percent at 0718 GMT, on track to end the week lower after two weeks of gains. Concern about sluggish global growth were reinforced this week by central banks in the euro zone and United States, which maintained their dovish stances and separately warned of risks to the world economy.
- Financial Times•9 days ago
Santander seeks to take control of Mexican unit with €2.5bn offer
Banco Santander is attempting to take full control of if its Mexican subsidiary in an all-stock deal worth roughly €2.5bn, as the Madrid-based lender seeks to boost its exposure to fast-growing economies in Latin America.
- Zacks•12 days ago
Mitsubishi UFJ Plans to Invest in Global Asset Managers
Mitsubishi's (MUFG) focus on delivering three-year business plan, which includes expansion of global presence is likely to help bolster financials.
Bloomberg•12 days agoBrazil Is Leading Revival of Latin America's Local Debt Markets
Almost 40 percent of the $140 billion in corporate bonds issued in the region last year were denominated in local currencies, the highest percentage since 2012, according to data from Fitch Ratings. Already this year, Brazilian oil giant Petrobras placed almost $1 billion worth of real-denominated bonds and Banco Santander Chile retapped the first-ever floating-rate peso bond sold in the local market. Finance chiefs slashed international debt sales almost 40 percent in 2018 as they avoided the costs of hedging against a strong U.S dollar.
- Moody's•16 days ago
Companhia Siderurgica Nacional (CSN) -- Moody's assigns B3 ratings to CSN's $750 million proposed notes; stable outlook
Moody's Investors Service ("Moody's") assigned a B3 rating to the $750 million proposed senior unsecured notes due up to 7 years to be issued by CSN Resources S.A. and unconditionally guaranteed by Companhia Siderurgica Nacional (CSN) (B3 stable). The proposed issuance is part of CSN's liability management strategy and proceeds will be used to fund a tender offer of $750 million for CSN's notes maturing in 2019 and 2020.
- Zacks•16 days ago
Nomura to Cut Jobs, Close Branches to Boost Wholesale Unit
To lower losses at its struggling operations in the United States and Europe, Nomura (NMR) intends to cut jobs and reduce branches across wholesale business.
- Reuters•18 days ago
Santander Brasil CEO Sergio Rial to head South America business
Banco Santander Brasil SA Chief Executive Sergio Rial will also become the bank's regional head for South America, the Spanish bank said on Wednesday, as it seeks to ramp up growth in its key emerging market region. The change will see Rial, who has overseen robust growth at Santander's Brazilian unit, assuming additional responsibility over the Andean region, Argentina, Uruguay and Chile, the bank said in a statement. As part of Santander's plans to better integrate its operations, it will seek to turn its Brazilian card processor GetNet into a global business, starting in Mexico and then launching it in the rest of Latin America and Europe.
- CNBC•18 days ago
EU must create common market for services, Santander chair says
Ana Botin told CNBC Wednesday that it was crucial to create bigger companies in Europe. Botin defends decision to withdraw appointment of Andrea Orcel as the Spanish bank's new chief executive. The executive chair of the European banking giant Santander Group issued a rallying cry for a common services market in Europe.
Reuters•18 days agoSantander focused on Europe cost cuts, Latin American profit
Santander assured investors on Wednesday that cost savings in mature markets in Europe and higher profitability growth in Latin America were enough to deliver on midterm financial targets while pushing its digital transformation. Santander said it was aiming for incremental annual cost savings of 1.2 billion euros ($1.4 billion) in the medium term, of which 1 billion euros would come from Europe. Europe's banks are focused on cost savings as they attempt to offset a squeeze on margins due to ongoing record-low interest rates in the euro zone.
- CNBC Videos•5 days ago
Santander Exec Chairman: Running one of the largest bank that most never heard of
Jim Cramer chats with Santander Executive Chairman Ana Botin, who leads the international bank of about 144 million members.
- CNBC Videos•17 days ago
All European businesses need scale, Santander chairman says
Santander Executive Chairman Ana Botin discusses the European economy.
