BSBR - Banco Santander (Brasil) S.A.

NYSE - NYSE Delayed Price. Currency in USD
12.87
+0.25 (+1.98%)
At close: 4:02PM EST
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Previous Close12.62
Open12.87
Bid0.00 x 4000
Ask13.37 x 1300
Day's Range12.70 - 12.91
52 Week Range7.20 - 13.15
Volume571,591
Avg. Volume1,057,314
Market Cap47.76B
Beta (3Y Monthly)0.40
PE Ratio (TTM)16.25
EPS (TTM)0.79
Earnings DateN/A
Forward Dividend & Yield0.26 (2.09%)
Ex-Dividend Date2019-01-08
1y Target Est10.32
Trade prices are not sourced from all markets
  • Financial Times3 hours ago

    [$$] If investors don’t overhaul banker pay, populism will

    It slashed the parts of its investment bank that made little or no money. Chief executive Sergio Ermotti brought better operational discipline. The news last week that Santander was abandoning its planned hire of UBS investment bank boss Andrea Orcel as chief executive, highlighted an odd side-effect of those pay reforms.

  • CNBC8 hours ago

    Barclays-backed online lender MarketInvoice gets $72 million in funding

    MarketInvoice lets small-to-medium enterprises sell their unpaid invoices through an online platform to gain access to working capital loans. It raised £26 million in a funding round led by Barclays and Santander, as well as a £30 million debt facility from Israeli lending fund Viola Credit. Co-founder and CEO Anil Stocker said the new capital will be used to boost its business in the U.K. and help it forge more partnerships with banks.

  • Financial Times21 hours ago

    [$$] Beware the unintended impact of high pay rules

    The battle to align executive pay with what shareholders, directors and society desire is a little like trying to sculpt a balloon: push down on one part and problems bulge out in another. It makes clear some of the unintended consequences of deferred bonuses, the current tool of choice for limiting reckless risk-taking and encouraging long-term thinking. The Spanish bank shied away when it discovered how much it would have to pay Mr Orcel in stock to compensate him for €50m of deferred share-based performance awards and UBS bonds he was leaving behind after seven years at the bank.

  • Barrons.com2 days ago

    The Real Story Behind Santander’s About Face on a New CEO

    The Spanish bank’s unprecedented decision to cut ties with CEO-in-waiting Andrea Orcel before he had even begun was the result of a stunning error of judgement from executive chair Ana Botin.

  • Reuters3 days ago

    UBS says was no negotiation over Orcel pay

    UBS (UBSG.S) communicated 'unambiguously' that it would apply its compensation rules to outgoing investment banking head Andrea Orcel before his appointment as chief executive of Spain's Santander was announced, the Swiss bank said on Friday. UBS wrote to the New York Times on Twitter, after the newspaper reported that there were months of negotiations between the Swiss bank and Banco Santander (SAN.MC) over Orcel's pay following the announcement of his hire in September. Santander on Tuesday said that Orcel would not take over as chief executive as the cost of paying him deferred compensation accrued at UBS was higher than it had expected, in a rare and unusual U-turn on such a high-level appointment.

  • CNBC5 days ago

    A top banker was about to be made CEO but his pay package was too big so the offer was yanked

    Andrea Orcel was named Santander's CEO in September after spending several years as UBS AG's top dealmaker. In leaving UBS, Orcel risked losing tens of millions of dollars in deferred compensation, which Santander decided it was unwilling to cover. Deferred compensation in the form of cash and stock has been Wall Street's go-to way to reward executives since regulators started cracking down on pay practices after the financial crisis.

  • Orcel's Rise to Santander CEO Ruined by Dispute Over UBS Pay
    Bloomberg5 days ago

    Orcel's Rise to Santander CEO Ruined by Dispute Over UBS Pay

    UBS Group AG held a hard line that Orcel, who led its investment bank until a few months ago, was defecting to a rival and wouldn’t receive bonuses he was owed from previous years. It wouldn’t be unusual for UBS to take a tough stance to try to dissuade one of its top managers from leaving, but Santander executives wagered that once Orcel was gone, the Swiss bank would relent rather than risk losing it as a client.

  • The Wall Street Journal5 days ago

    [$$] Red Faces as Top Bankers Get Their Math Wrong

    Hiring chief executives is complicated, but rarely does it go so wrong that an appointment is canceled months after the new boss has publicly accepted and disappeared on gardening leave.

  • Bloomberg5 days ago

    Santander’s CEO Debacle Is More Than an Embarrassment

    On Tuesday, the bank said Jose Antonio Alvarez — who had been made a vice chairman to make room for the new leader — will continue as CEO. The lender blamed the U-turn on the greater-than-expected cost of compensating Orcel for the $50 million or so of deferred compensation he would forfeit by defecting from his previous employer, UBS Group AG. It’s clear Santander hoped both UBS and Orcel would agree to compromise.

  • Reuters5 days ago

    Venezuela children left behind as parents flee to find work abroad

    Yusneiker and Anthonella have been living with their grandmother since their father left Venezuela and its collapsing economy last year for Peru, to try and earn enough to feed them. Yusneiker, 12, and Anthonella, 8, are eating better thanks to hard currency remittances from their parents, according to their grandmother Aura Orozco, who is grateful for the dollars that offer a reprieve from Venezuela's annual inflation of nearly 2 million percent. The dark-eyed, curly-haired girl has clammed up and often answers her grandmother by simply nodding or shaking her head.

  • The Wall Street Journal5 days ago

    What’s News: Business & Finance

    U.S. authorities charged a Ukrainian hacker, an associate and several traders over a breach of the SEC’s corporate-filing system in a scheme to profit from stolen information. Netflix raised prices for all its subscription plans, a move that could help the firm maintain its aggressive spending on content.

  • The Wall Street Journal5 days ago

    [$$] Santander Cancels Andrea Orcel’s Appointment as CEO Over Compensation

    Andrea Orcel, one of Europe’s highest-profile investment bankers, found himself out of a job Tuesday, when Spain’s Banco Santander SA said it would be unacceptable to pay him the amount of money it would have cost to make him chief executive. Santander said it was canceling Mr. Orcel’s September appointment after finding out how much it would need to compensate him for shares he would leave behind at his former employer, UBS Group AG, a figure that people familiar with the matter said was above €50 million ($57.4 million). The unusual U-turn highlights the fraught issue of executive compensation in Europe.

  • Reuters5 days ago

    Spain's Santander drops Orcel as next CEO, blames pay gap

    Banco Santander (SAN.MC) said on Tuesday that Italian banker Andrea Orcel would not take over as chief executive after it could not meet his pay expectations, in a rare and unusual U-turn on such a high-level appointment. Jose Antonio Alvarez will now stay on as CEO instead of Orcel, who previously worked for Swiss bank UBS (UBSG.S) and was appointed to the role at Spain's largest bank in September. "The cost to Santander of compensating Mr Orcel for the deferred awards he has earned over the past seven years, and other benefits previously awarded to him, would be a sum significantly above the board's original expectations at the time of the appointment," Santander said in a statement.

  • Reuters5 days ago

    Spain's Santander drops Orcel as next CEO, blames pay gap

    Banco Santander said on Tuesday that Italian banker Andrea Orcel would not take over as chief executive after it could not meet his pay expectations, in a rare and unusual U-turn on such a high-level appointment. Jose Antonio Alvarez will now stay on as CEO instead of Orcel, who previously worked for Swiss bank UBS and was appointed to the role at Spain's largest bank in September. "The cost to Santander of compensating Mr Orcel for the deferred awards he has earned over the past seven years, and other benefits previously awarded to him, would be a sum significantly above the board's original expectations at the time of the appointment," Santander said in a statement.

  • Reuters7 days ago

    Spanish court backs Reuben Brothers' bid for Santander headquarters

    Spain's Banco Santander lost a battle to regain ownership of its headquarters outside Madrid on Monday when a Spanish court ruled that the billionaire Reuben brothers had won a tender with a cash bid, net of debt, of 283 million euros (£252 million). Santander pays millions of euros in monthly rent to the owner of the 250 hectare plot whose nine futuristic buildings include offices, restaurants and a residence for its employees, which has an enterprise value of almost 3 billion euros, a source with the knowledge of the deal said. The tender made by Reuben Brothers, a fund with investments from real estate to mining owned by British businessmen David and Simon Reuben who are ranked 88th in the Forbes list of world's billionaires, was net of debt.

  • Reuters7 days ago

    Spanish court backs Reuben Brothers' bid for Santander HQ

    Spain's Banco Santander lost a battle to regain ownership of its headquarters outside Madrid on Monday when a Spanish court ruled that the billionaire Reuben brothers had won a tender with a cash bid, net of debt, of 283 million euros ($325 million). Santander pays millions of euros in monthly rent to the owner of the 250 hectare plot whose nine futuristic buildings include offices, restaurants and a residence for its employees, which has an enterprise value of almost 3 billion euros, a source with the knowledge of the deal said. The tender made by Reuben Brothers, a fund with investments from real estate to mining owned by British businessmen David and Simon Reuben who are ranked 88th in the Forbes list of world's billionaires, was net of debt.

  • Reuters10 days ago

    FOCUS-How Santander's Brazil unit is driving growth with car loans

    At BM Multimarcas, a used-car dealer on the outskirts of Sao Paulo, owner Santel de Abreu Bernardo can show you jalopies that most big banks would not touch. It has grabbed 25 percent of the market for car loans in Latin America's largest country, in part by extending credit to borrowers shunned by other mainstream banks. There are risks to Santander's strategy, as any used-car veteran will tell you.

  • Reuters10 days ago

    Focus: How Santander's Brazil unit is driving growth with car loans

    At BM Multimarcas, a used-car dealer on the outskirts of Sao Paulo, owner Santel de Abreu Bernardo can show you jalopies that most big banks would not touch. It has grabbed 25 percent of the market for car loans in Latin America's largest country, in part by extending credit to borrowers shunned by other mainstream banks. There are risks to Santander's strategy, as any used-car veteran will tell you.

  • UBS Requires Andrea Orcel to Wait Until April for New CEO Gig
    Bloomberg11 days ago

    UBS Requires Andrea Orcel to Wait Until April for New CEO Gig

    Santander officials thought the garden leave could be reduced because the two banks aren’t direct competitors, the people said. William Vereker, who left last year to join U.K. Prime Minister Theresa May as a business envoy, made the switch in less than six months.

  • Dow Jones Drops Nearly 700 Points; When Long-Term Apple Holders Should Sell
    Investor's Business Daily17 days ago

    Dow Jones Drops Nearly 700 Points; When Long-Term Apple Holders Should Sell

    Apple is leading the Dow Jones industrial average and the Nasdaq sharply lower. Netflix and Brazilian banks rose. Volume roared higher.

  • Moody'slast month

    Companhia Siderurgica Nacional (CSN) -- Moody's assigns B3/B2.br ratings to CSN's proposed BRL 2.0 billion debentures; stable outlook

    Proceeds from the transaction will be used for liability management, thus lengthening CSN's debt amortization schedule. The rating of the notes assumes that the final transaction documents will not be materially different from draft legal documentation reviewed by Moody's to date and assume that these agreements are legally valid, binding and enforceable.

  • Reuterslast month

    PRESS DIGEST- Financial Times - Dec 20

    The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines GlaxoSmithKline to break up after striking Pfizer joint ...

  • Reuterslast month

    UK regulator fines Santander over handling accounts of deceased customers

    The Financial Conduct Authority (FCA) said https://www.fca.org.uk/news/press-releases/santander-uk-plc-fined-serious-failings-its-probate-and-bereavement-process Santander UK did not transfer funds worth more that 183 million pounds to beneficiaries, directly affecting 40,428 customers. The retail and commercial bank, owned by Spain's Banco Santander (SAN.MC), also had "serious failings" in its probate and bereavement process, FCA said. "Santander is very sorry for the impact these failings have had on the families and beneficiaries affected.

  • Reuterslast month

    CEE MARKETS-Stocks rebound, crown eases despite rate hike suggestion

    Warsaw led a rise of Central Europe's main stock indices on Wednesday as U.S. President Donald Trump generated optimism about a trade deal with China, helping global equities markets. Warsaw's bluechip ...