BSBR - Banco Santander (Brasil) S.A.
| Previous Close | 10.91 |
| Open | 10.94 |
| Bid | 10.80 x 2200 |
| Ask | 12.86 x 900 |
| Day's Range | 10.85 - 11.16 |
| 52 Week Range | 8.14 - 13.73 |
| Volume | 824,996 |
| Avg. Volume | 854,907 |
| Market Cap | 40.851B |
| Beta (3Y Monthly) | 0.19 |
| PE Ratio (TTM) | 13.90 |
| EPS (TTM) | 0.79 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.28 (2.56%) |
| Ex-Dividend Date | 2019-07-08 |
| 1y Target Est | 13.46 |
- Decrypt
Santander launches blockchain bond on public Ethereum blockchain
Santander said it’s the first end-to-end blockchain bond processed over the Ethereum mainnet.
- Financial Times
Santander under fire over handling of PPI claims
A deluge of last-minute complaints has hit Santander and profits across the UK banking sector. companies, CMCs, which handle customer complaints in exchange for a cut of any compensation payout, drove a massive influx of inquiries from potential victims. This was ahead of a deadline for complaints about the insurance at the end of last month.
- Financial Times
Activist investor calls on AT&T to rein in its sprawling empire
One scoop to start: SoftBank, the biggest outside shareholder in WeWork, is urging the lossmaking property group to shelve its hotly anticipated initial public offering after it received a cool reception from investors. Elliott Management, the activist fund founded by Paul Singer, has taken one of its largest positions ever, adding to the onslaught of “super campaigns” in some of America’s largest companies. With a market capitalisation of more than $270bn, the US telecoms group represents one of Elliott’s largest targets in recent memory.
- Reuters
RPT-Santander to increase its Mexican business ownership to 91.6%
Santander will increase its ownership of its Mexican business to 91.65% from 74.96% after a stock exchange offer, the bank told the Spanish regulator late on Friday. In April, the Spanish bank announced an offer to take full control of its Mexican business through a close-to 2.6-billion-euro all-share deal as it chases potentially higher returns available from Latin America. The deal sought to unwind Santander's listing of 25% of the bank on the Mexican stock exchange in 2012.
- Financial Times
Andrea Orcel demanded more power before Santander chief role withdrawn
Andrea Orcel demanded that Santander’s Ana Botín “empower” him in his role as chief executive of the Spanish lender days before the group abandoned its plans to hire him, according to correspondence seen by the Financial Times.
- Reuters
Santander to increase its Mexican business ownership to 91.6%
Santander will increase its ownership of its Mexican business to 91.65% from 74.96% after a stock exchange offer, the bank told the Spanish regulator late on Friday. In April, the Spanish bank announced an offer to take full control of its Mexican business through a close-to 2.6-billion-euro all-share deal as it chases potentially higher returns available from Latin America. The deal sought to unwind Santander's listing of 25% of the bank on the Mexican stock exchange in 2012.
- Financial Times
Mortgage wars slash the price of a five-year fix
this week as lenders unveiled new deals designed to lure borrowers away from rivals and retain the loyalty of existing customers. On Friday, Santander launched the lowest five-year fixed rate remortgage deal currently on the market with an interest rate of 1.55 per cent — a record low for the lender on a deal of this length. It came a day after HSBC announced a new 1.59 per cent five-year mortgage and remortgage deal, up to a maximum loan amount of £5m.
- GuruFocus.com
3 Stocks With High Earnings Yields
Toronto-Dominion Bank tops the list Continue reading...
- Bloomberg
CoCos Holders Get 25% Returns This Year From SocGen, Santander
(Bloomberg) -- Holders of some risky bank debt have achieved 25% total returns this year, as investors look to escape $17 trillion of negative-yields bonds worldwide.A Societe Generale SA dollar note and a Banco Santander SA euro issue lead returns among Additional Tier 1 bank bonds, handing investors about 25% this year, according to data compiled by Bloomberg. Notes from ABN Amro Bank NV, Intesa Sanpolo SpA and UniCredit SpA have also returned more than 20%, the data show.Marketwide, AT1s -- which can be risky to hold because they act much like equity if a lender runs in to trouble -- have returned about 15% this year, according to a Bloomberg Barclays index, rebounding from the sector’s first annual loss last year and surpassing about 9.5% from euro high-yield notes. This year’s slump in bond yields amid an economic slowdown has sharpened the appeal of the deeply subordinated bank notes’ high coupons.Investor demand for CoCos may let Cooperatieve Rabobank UA achieve a record-low euro coupon in a sale on Monday. The Dutch bank set guidance as low as 3.25% after getting more than 3.5 billion euros of bids for a note no bigger than 1.25 billion euros.To contact the reporter on this story: Alice Gledhill in London at agledhill@bloomberg.netTo contact the editors responsible for this story: Hannah Benjamin at hbenjamin1@bloomberg.net, Neil Denslow, Maciej OnoszkoFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Zacks
BSBR or BSAC: Which Is the Better Value Stock Right Now?
BSBR vs. BSAC: Which Stock Is the Better Value Option?
- Zacks
Should Value Investors Buy Banco Santander-Brazil (BSBR) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- Bloomberg
BTG’s Biggest Bull Is Unfazed by Turmoil That Sent Shares Tumbling
(Bloomberg) -- Banco BTG Pactual SA’s most optimistic backers are standing by the investment bank as it grapples with a crisis echoing one four years ago that almost took down the firm.“The company is currently in a much more solid, liquid and solvent situation than it was in 2015,” Henrique Navarro and Olavo Arthuzo, analysts at Banco Santander SA, wrote in a report late Monday. They reiterated their buy rating and a price target that’s the highest among sell-side analysts, according to data compiled by Bloomberg.BTG, Latin America’s biggest stand-alone investment bank, rebounded as much as 11% Tuesday after plunging 31% the previous two days on news that police had searched the firm’s offices and the home of the bank’s founder and largest shareholder, Andre Esteves. A report Monday detailed separate allegations that the bank maintained a department to advise clients on money laundering.BTG faced a liquidity crisis in 2015, when the long-running probe known as “Carwash” led to the arrest of Esteves, 51. This time the bank hasn’t experienced significant withdrawals, a person familiar with the situation said, asking not to be identified because the information is confidential. BTG denied any irregularities and called the money-laundering report “absurd.” Esteves was cleared of the 2015 charges.Shares of the company climbed 9.2% to 50.71 reais at 12:09 p.m. in Sao Paulo, paring the decline since Thursday’s close to 25%. Santander left intact its price target of 88 reais.BTG stock could also benefit from a share buyback program announced in October. “So far, the bank has repurchased 6.4 million units, representing 42% of the program,” the Santander analysts said, and BTG still has 8.6 million units eligible for the plan, according to a Tuesday regulatory filing. The bank’s own brokerage has accounted for most of the net buying of the bank’s shares since Friday, data compiled by Bloomberg show.“We understand the negative pressure on the stock -- after all, banking is all about trust, and no one can predict how this situation will evolve,” Navarro and Arthuzo said in their report. “For the time being, we see no impact that would be material enough to bring it to a hold rating.”To contact the reporters on this story: Vinícius Andrade in São Paulo at vandrade3@bloomberg.net;Felipe Marques in Sao Paulo at fmarques10@bloomberg.netTo contact the editors responsible for this story: Brad Olesen at bolesen3@bloomberg.net, Steve Dickson, Peter EichenbaumFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Benzinga
Santander Group Expands Use Of Ripple Payments Technology
Banco Santander SA (NYSE: SAN ) is building a payments network that will allow Latin American customers to freely transfer money to the U.S. via a mobile app that uses Ripple technology, according to CoinDesk. ...
- Reuters
UK competition watchdog reprimands RBS, Santander over PPI procedures
Britain's competition watchdog has ordered Royal Bank of Scotland and Santander to appoint auditors to check how they remind customers who have payment protection insurance (PPI), amid a mis-selling scandal over the policies. The two banks failed to adequately remind customers about their PPI, some of whom might be due compensation as a result of Britain's biggest ever consumer banking controversy, in which more than 36 billion pounds ($44 billion) has been paid back to those affected. Both previously breached an order by the Competition and Markets Authority (CMA) requiring banks to send annual reminders to customers about PPI, the CMA said.
- Zacks
UBS Group Displays Prudent Cost Management: Should You Hold?
UBS Group's (UBS) is focused on achieving its performance targets through execution of cost management and several restructuring initiatives.
- Zacks
Itau Unibanco to Attract Larger Clients With Iti Platform
Itau Unibanco (ITUB) plans to bolster revenues by focusing on building its instant payments platform and attracting larger clients.
Motley FoolBanco Santander-Chile (BSAC) Q2 2019 Earnings Call Transcript
BSAC earnings call for the period ending June 30, 2019.
- Zacks
BSBR vs. ITUB: Which Stock Is the Better Value Option?
BSBR vs. ITUB: Which Stock Is the Better Value Option?
- Zacks
Mitsubishi UFJ Closes Colonial First State Group Limited Deal
Mitsubishi UFJ (MUFG) completes the acquisition of shares of nine subsidiaries of Colonial First State Group Limited.
Motley FoolEvertec Inc (EVTC) Q2 2019 Earnings Call Transcript
EVTC earnings call for the period ending June 30, 2019.
- Reuters
UPDATE 1-Santander Brasil launches card processing service using rivals' machines
Banco Santander Brasil SA launched a service on Thursday that allows small merchants to capture payment transactions through its card processor company GetNet without buying the bank's card reader machine. The bank targets nearly 4 million clients that currently use their own card reader machines or those made by rivals. GetNet aims to gain between 300,000 and 400,000 new clients through this migration.
