BASE:BRIO

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Banco Santander Río

Executive Summary

Banco Santander Rio S.A. provides various banking products and services to individuals, corporates, business, agro industries, and small and medium-sized enterprises in Argentina. More Details


Snowflake Analysis

Excellent balance sheet with questionable track record.


Similar Companies

Share Price & News

How has Banco Santander Río's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BRIO is less volatile than 75% of AR stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: BRIO's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

-1.1%

BRIO

-1.9%

AR Banks

-2.5%

AR Market


1 Year Return

8.8%

BRIO

4.3%

AR Banks

22.5%

AR Market

Return vs Industry: BRIO exceeded the AR Banks industry which returned 4.4% over the past year.

Return vs Market: BRIO underperformed the AR Market which returned 23.3% over the past year.


Shareholder returns

BRIOIndustryMarket
7 Day-1.1%-1.9%-2.5%
30 Day-4.6%-7.1%-7.7%
90 Day-14.4%-15.9%-16.7%
1 Year8.8%8.8%4.7%4.3%23.2%22.5%
3 Year-25.2%-27.5%-15.1%-19.2%24.0%16.1%
5 Year60.0%51.0%100.2%83.5%196.2%159.0%

Long-Term Price Volatility Vs. Market

How volatile is Banco Santander Río's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Banco Santander Río undervalued compared to its fair value and its price relative to the market?

4.35x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BRIO (ARS18.5) is trading above our estimate of fair value (ARS9.37)

Significantly Below Fair Value: BRIO is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: BRIO's PE Ratio (4.3x) is in line with the AR Banks industry average.

PE vs Market: BRIO is good value based on its PE Ratio (4.3x) compared to the AR market (8.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BRIO's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BRIO's PB Ratio (0.8x) is in line with the AR Banks industry average.


Next Steps

Future Growth

How is Banco Santander Río forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.3%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Banco Santander Río has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Banco Santander Río performed over the past 5 years?

34.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BRIO has a large one-off loss of ARS9.5B impacting its September 30 2020 financial results.

Growing Profit Margin: BRIO's current net profit margins (26.9%) are higher than last year (14%).


Past Earnings Growth Analysis

Earnings Trend: BRIO's earnings have grown significantly by 34.6% per year over the past 5 years.

Accelerating Growth: BRIO's earnings growth over the past year (13.9%) is below its 5-year average (34.6% per year).

Earnings vs Industry: BRIO earnings growth over the past year (13.9%) underperformed the Banks industry 13.9%.


Return on Equity

High ROE: BRIO's Return on Equity (17.2%) is considered low.


Next Steps

Financial Health

How is Banco Santander Río's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: BRIO's Assets to Equity ratio (8.3x) is low.

Allowance for Bad Loans: BRIO has a sufficient allowance for bad loans (227%).

Low Risk Liabilities: 86% of BRIO's liabilities are made up of primarily low risk sources of funding.

Loan Level: BRIO has an appropriate level of Loans to Assets ratio (39%).

Low Risk Deposits: BRIO's Loans to Deposits ratio (51%) is appropriate.

Level of Bad Loans: BRIO has a high level of bad loans (2.6%).


Next Steps

Dividend

What is Banco Santander Río current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate BRIO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BRIO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BRIO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BRIO's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BRIO's dividend in 3 years as they are not forecast to pay a notable one for the AR market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.4yrs

Average management tenure


CEO

Sergio Gabriel Lew (49 yo)

2.92yrs

Tenure

Mr. Sergio Gabriel Lew had been as Chief Executive Officer of Banco Santander Río SA since April 2018 and also served as its General Manager.


Leadership Team

NamePositionTenureCompensationOwnership
Sergio Gabriel Lew
CEO & GM2.92yrsno datano data
Marcos Devoto
Senior Manager of Financial Management3.17yrsno datano data
Diego Hernán Salama
Chief Technology & Operations Manager2.17yrsno datano data
Roxana Fiasche
General Accountantno datano datano data
Raúl Alejandro Butti
Head Manager of Corporate & Investment Bankingno datano datano data
Juan Cerruti
Chief Economist1.58yrsno datano data
Verónica Climent
Senior Manager of People Management & Development3.17yrsno datano data
Adriana Moreyra
Chief Manager of Internal Auditno datano datano data
Silvia Graciela Tenazinha
Chief Commercial Banking Manager2.42yrsno datano data
Juan Canel
Senior Manager of General Investment & Management Control1.17yrsno datano data

2.4yrs

Average Tenure

51yo

Average Age

Experienced Management: BRIO's management team is considered experienced (2.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Fernando Omar De Illana
Independent Director10.17yrsno datano data
Luis Miguel García Morales
Director2.92yrsno datano data
Oscar Correa
Directorno datano datano data
Ángel Oscar Agallano
Independent Directorno datano datano data
Víctor Gonzalo Barallat López
Directorno datano datano data
Luis Miguel Incera
Deputy Director10yrsno datano data
Jorge Edgardo Thomas
Director2.92yrsno datano data
Guillermo Rubén Tempesta Leeds
First Vice President of the Boardno datano datano data
Norberto Oscar Rodriguez
Directorno datano datano data
Alberto Remigio Abad
Independent Director2.92yrsAR$210.60kno data
Alberto Piedrafita
Independent Director9.75yrsno datano data
Alejandra Kindelán Oteyza
Director1.92yrsno datano data

2.9yrs

Average Tenure

63yo

Average Age

Experienced Board: BRIO's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Banco Santander Río S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Banco Santander Río S.A.
  • Ticker: BRIO
  • Exchange: BASE
  • Founded: NaN
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: AR$81.354b
  • Shares outstanding: 4.40b
  • Website: https://www.santanderrio.com.ar

Number of Employees


Location

  • Banco Santander Río S.A.
  • Av. Juan de Garay 151
  • Buenos Aires
  • Capital Federal
  • Argentina

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BRIOBASE (Buenos Aires Stock Exchange)YesOrdinary B SharesARARSNov 1997
XBRSBBME (Bolsas y Mercados Espanoles)YesOrdinary B SharesESEURNov 1997
BRIO6BASE (Buenos Aires Stock Exchange)Preferred SharesARARSDec 2009
BRIO5BASE (Buenos Aires Stock Exchange)Ordinary A SharesARARSNov 2016

Biography

Banco Santander Rio S.A. provides various banking products and services to individuals, corporates, business, agro industries, and small and medium-sized enterprises in Argentina. The company offers curren...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/06 22:02
End of Day Share Price2021/03/05 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.