BOVESPA:SANB4

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Banco Santander (Brasil)

Executive Summary

Banco Santander (Brasil) S.A. provides commercial banking products and services to individuals, small and medium enterprises, and corporate customers in Brazil and internationally. More Details


Snowflake Analysis

Adequate balance sheet and slightly overvalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: SANB4 is more volatile than 75% of BR stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: SANB4's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of BR stocks.


Market Performance


7 Day Return

-11.6%

SANB4

-7.8%

BR Banks

-6.3%

BR Market


1 Year Return

-3.7%

SANB4

-15.7%

BR Banks

5.3%

BR Market

Return vs Industry: SANB4 exceeded the BR Banks industry which returned -15.7% over the past year.

Return vs Market: SANB4 underperformed the BR Market which returned 5.3% over the past year.


Shareholder returns

SANB4IndustryMarket
7 Day-11.6%-7.8%-6.3%
30 Day-10.0%-6.4%-4.2%
90 Day-15.1%-6.3%0.4%
1 Year-0.8%-3.7%-13.7%-15.7%7.8%5.3%
3 Year39.3%21.4%-0.5%-13.2%40.0%25.9%
5 Year233.9%154.2%103.6%59.4%136.0%96.7%

Long-Term Price Volatility Vs. Market

How volatile is Banco Santander (Brasil)'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 (Brasil) undervalued compared to its fair value and its price relative to the market?

10.35x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SANB4 (R$18.81) is trading above our estimate of fair value (R$9.21)

Significantly Below Fair Value: SANB4 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SANB4 is good value based on its PE Ratio (10.3x) compared to the BR Banks industry average (10.6x).

PE vs Market: SANB4 is good value based on its PE Ratio (10.3x) compared to the BR market (16.1x).


Price to Earnings Growth Ratio

PEG Ratio: SANB4 is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: SANB4 is overvalued based on its PB Ratio (1.8x) compared to the BR Banks industry average (0.8x).


Next Steps

Future Growth

How is Banco Santander (Brasil) forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

8.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SANB4's forecast earnings growth (8.6% per year) is below the savings rate (9.9%).

Earnings vs Market: SANB4's earnings (8.6% per year) are forecast to grow slower than the BR market (25.5% per year).

High Growth Earnings: SANB4's earnings are forecast to grow, but not significantly.

Revenue vs Market: SANB4's revenue (22.7% per year) is forecast to grow faster than the BR market (11.8% per year).

High Growth Revenue: SANB4's revenue (22.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SANB4's Return on Equity is forecast to be low in 3 years time (19.5%).


Next Steps

Past Performance

How has Banco Santander (Brasil) performed over the past 5 years?

15.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SANB4 has a high level of non-cash earnings.

Growing Profit Margin: SANB4's current net profit margins (34.9%) are higher than last year (28.8%).


Past Earnings Growth Analysis

Earnings Trend: SANB4's earnings have grown by 15.9% per year over the past 5 years.

Accelerating Growth: SANB4's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SANB4 had negative earnings growth (-3.9%) over the past year, making it difficult to compare to the Banks industry average (-10%).


Return on Equity

High ROE: SANB4's Return on Equity (16.9%) is considered low.


Next Steps

Financial Health

How is Banco Santander (Brasil)'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: SANB4's Assets to Equity ratio (12.3x) is moderate.

Allowance for Bad Loans: SANB4 has a sufficient allowance for bad loans (128%).

Low Risk Liabilities: 57% of SANB4's liabilities are made up of primarily higher risk sources of funding.

Loan Level: SANB4 has an appropriate level of Loans to Assets ratio (35%).

Low Risk Deposits: SANB4's Loans to Deposits ratio (89%) is appropriate.

Level of Bad Loans: SANB4 has a high level of bad loans (5.3%).


Next Steps

Dividend

What is Banco Santander (Brasil) current dividend yield, its reliability and sustainability?

0.76%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SANB4's dividend (0.77%) isn’t notable compared to the bottom 25% of dividend payers in the BR market (1.03%).

High Dividend: SANB4's dividend (0.77%) is low compared to the top 25% of dividend payers in the BR market (5.19%).


Stability and Growth of Payments

Stable Dividend: SANB4's dividend payments have been volatile in the past 10 years.

Growing Dividend: SANB4's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (25.7%), SANB4's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

4.2yrs

Average board tenure


CEO

Sergio Rial (60 yo)

no data

Tenure

Mr. Sergio Agapito Lires Rial serves as the Chief Executive Officer at Banco Santander (Brasil) SA and its Member of Board of Executive Officers. Mr. Rial served as Chairman of Banco Santander Brazil from ...


Board Members

NamePositionTenureCompensationOwnership
Alvaro Antonio-Cardoso De Souza
Chairman & President4.17yrsno datano data
Sergio Rial
Vice Chairmanno datano data0.013%
R$ 18.1m
Deborah Wright
Independent Director4.17yrsno datano data
Jose Nus Badia
Director5.83yrsno datano data
Jose Antonio Alvarez Alvarez
Director11.42yrsno data0%
R$ 0
João de Andrade So Consiglio
President of Fiscal Councilno datano data0.0043%
R$ 5.9m
Jose de Paiva Ferreira
Director11yrsno data0.012%
R$ 15.6m
Marilia Rocca
Independent Director1.83yrsno datano data
Deborah Vieitas
Independent Director3.58yrsno datano data
Antonio Baldisera
Member of Fiscal Council2.08yrsno data0.00027%
R$ 366.7k
Louise Barsi
Member of Fiscal Council2.08yrsno datano data
Pedro de Melo
Independent Director1.08yrsno datano data

4.2yrs

Average Tenure

61yo

Average Age

Experienced Board: SANB4's board of directors are considered experienced (4.2 years average tenure).


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 (Brasil) S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Banco Santander (Brasil) S.A.
  • Ticker: SANB4
  • Exchange: BOVESPA
  • Founded: 1985
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: R$135.817b
  • Shares outstanding: 7.46b
  • Website: https://www.santander.com.br

Number of Employees


Location

  • Banco Santander (Brasil) S.A.
  • Avenida Presidente Juscelino Kubitschek, 2041 and 2235
  • Building A
  • São Paulo
  • São Paulo
  • 04543-011
  • Brazil

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SANB4BOVESPA (Bolsa de Valores de Sao Paulo)YesPreferred SharesBRBRLMar 2002
SANB3BOVESPA (Bolsa de Valores de Sao Paulo)Ordinary SharesBRBRLApr 2007
SANB11BOVESPA (Bolsa de Valores de Sao Paulo)UnitsBRBRLOct 2009
BSBRNYSE (New York Stock Exchange)ADS REP 1 UNITUSUSDOct 2009
DBSADB (Deutsche Boerse AG)ADS REP 1 UNITDEEUROct 2009
BSBR NBMV (Bolsa Mexicana de Valores)ADS REP 1 UNITMXMXNOct 2009

Biography

Banco Santander (Brasil) S.A. provides commercial banking products and services to individuals, small and medium enterprises, and corporate customers in Brazil and internationally. It operates in two segme...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/27 22:57
End of Day Share Price2021/02/26 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.