Banco Santander Brasil (BSBR) Stock Analysis & Forecast

Nov 4 close

$4.76+0.29 (+6.5%)

Gekko Brief

AI summaryNov 4 close

Banco Santander Brasil reported third-quarter 2026 recurring net income of BRL 2.9 billion with return on equity of 11.9%, below management targets, as EPS came in at $0.07 versus a $0.18 estimate and revenue reached $3.48 billion against a $4.19 billion consensus. The loan portfolio showed mixed growth, with mortgages up 10.3%, SMEs up 8.5% and consumer finance up 9.1%, while the client base reached 76.9 million, up 6% year over year. One-off wholesale segment charges weighed on results amid a challenging macro backdrop with high interest rates, and the stock's last reaction to earnings was -5.6%. Following the release, Erste Group downgraded the stock from buy to hold, while other coverage cut a 12-month price target to $6.46 from $6.56, implying upside from the prior close.

BSBR closed at $4.76, up 6.5% on the day but down 20.4% over the past month and 18.9% over the past year, sitting below both its 50-day average of $5.57 and 200-day average of $5.79, with the 52-week range spanning $4.38 to $7.32. The GekkoIndex reads 67.9, placing the stock in the Accumulation zone, down 11.3 points over five readings. Price stands 21.5% below Gekko Fair Value of $6.06.

The next earnings date is 3 February 2027, 90 days out and beyond a typical 20-trading-day holding window; the prior eight quarters show four EPS beats, with an average absolute reaction of 3.9%. No insider, Congress or unusual options activity appears in the recent windows. Seasonality over five years shows a -1.3% average return across the next 20 trading days, positive in 2 of those years, a pattern worth noting alongside the single-analyst hold rating and consensus target of $6.77.

Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.

Banco Santander Brasil price vs fair value

$6.06$4.76Nov ’25May ’26Nov ’26
Close $4.76200-day averageGekko Fair Value $6.06

Banco Santander Brasil quick facts

Market cap
$35.64B
P/E ratio
14.6
Forward P/E
6
EPS, TTM
$0.31
Revenue, TTM
$46.49B
Profit margin
27.5%
Dividend yield
7.66%
Beta
0.21
Volume
2.29M avg 4.21M
1-year return
−18.9%
Typical daily move
±4.6%
Typical 20-day move
±6.3%
50-day average
$5.57
200-day average
$5.79
Next earnings
Feb 3 before open
Shares outstanding
3.74B
52-week range
$4.38$7.32

Banco Santander Brasil swing-trade checklist

Banco Santander Brasil scores 3 supportive, 0 mixed and 2 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive0 mixed2 headwinds

  • Trendheadwind

    Below 50 and 200-day

    Close $4.76 is below the 50-day ($5.57) and 200-day ($5.79) averages, and the 50-day is below the 200-day.

    See the chart
  • GekkoIndexsupportive

    67.9, Accumulation

    Reading 67.9 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    21.5% below

    Price is 21.5% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 90 days

    Next report Feb 3, 2027, 90 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalityheadwind

    −1.3% on average

    From this point in the calendar, the next 20 trading days averaged −1.3% over 5 years, rising in 2 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Banco Santander Brasil stock chart and price history

Banco Santander Brasil closed at $4.76 on Nov 4, 2026, −18.9% over the past year, inside a 52-week range of $4.38 to $7.32.

Close50-day average200-day averageVolume
Banco Santander Brasil share price, past year, with 50-day and 200-day moving averages and volume$5$6$7DecJan 2026FebMarAprMayJunJulAugSepOct4.76

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−20.4%
3 months
−17.8%
6 months
−20.4%
1 year
−18.9%
The full BSBR chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open BSBR in Gekko

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About Banco Santander Brasil

Banco Santander Brasil provides a wide range of banking and financial services to individuals, small and medium-sized businesses, and large corporate clients, both in Brazil and abroad. Its offerings span everyday banking products such as deposit accounts, debit and credit cards, digital prepaid services, and loyalty programs, along with payroll loans, digital lending, mortgages, home equity financing, and consumer credit.

The company organizes its activities into two main areas: Commercial Banking and Global Wholesale Banking. Through these segments, it serves retail customers as well as businesses, offering trade finance, structured loans, cash management, and acquisition financing. It also provides advisory work in mergers and acquisitions and equity capital markets, alongside stock brokerage, equity research, foreign exchange and derivative products, and market-making services for institutional, corporate, and retail investors. Additional offerings include instant payment tools, agribusiness-focused products, microfinance, online vehicle listings, digital car insurance, and a digital trading platform.

Shares of Banco Santander Brasil trade under the ticker BSBR.

Sector
Finance
Website
santander.com.br

Banco Santander Brasil GekkoIndex: the smart money zone

Banco Santander Brasil’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 67.9, in the Accumulation zone, down 11.3 points over five sessions.

010067.9Accumulation

Down 11.3 points over five sessions, from the Buying zone.

Reading for Nov 4, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying23+0.2%−1.8%−1.0%+2.6%
Accumulation (current zone)250−0.2%+0.4%+1.1%+2.4%
Neutral353+0.1%0.0%+0.2%0.0%
Distribution24−1.4%−0.5%−4.2%−1.6%
Selling0Not available

Average BSBR share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.0% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the BSBR price, zone by zone.Track BSBR in Gekko

Is Banco Santander Brasil stock overvalued? Gekko Fair Value

Banco Santander Brasil trades 21.5% below Gekko Fair Value of $6.06, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Banco Santander Brasil shares are worth, recalculated every trading day.

$6.06

Gekko Fair Value, Nov 4, 2026

21.5% Undervalued

At the end of Sep 2026 the price was 7.3% below the estimate.

Gekko Fair ValueShare price, month end
$6$4Sep 2026OctNov 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open BSBR in Gekko

Banco Santander Brasil insider and Congress trading

No open-market insider purchases were filed for Banco Santander Brasil, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for BSBR in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every BSBR insider filing, plotted on the chart in Gekko.Open BSBR in Gekko

Congress trades last 90 days

No trades in BSBR were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for BSBR, plotted on the chart in Gekko.Open BSBR in Gekko

Banco Santander Brasil earnings: next date and track record

Banco Santander Brasil reports on Feb 3, 2027, before the open (90 days away), and beat the EPS estimate in 4 of its last 8 reports.

4 of 8reports beat the EPS estimate
±3.9%average move across the report
2 of 8reports followed by a gain

Share-price move across each report

+6.2%Feb ’25−0.4%Apr ’25−1.3%Jul ’25+3.8%Oct ’25−5.0%Feb ’26−0.7%Apr ’26−7.8%Jul ’26−5.6%Oct ’26

Last earnings call, Oct 28, 2026 AI summary

What they said
Santander Brazil (BSBR) reported Q3 2026 recurring net income of BRL 2.9 billion with ROE of 11.9%, below management targets. Loan portfolio showed mixed growth: mortgages +10.3%, SMEs +8.5%, consumer finance +9.1%. Client base reached 76.9 million (+6% YoY). Expense growth remained below inflation. One-off wholesale segment charges impacted results amid challenging macro conditions with high interest rates and elevated household debt.
Guidance
Management targets gradual, sustainable profitability recovery through portfolio quality improvement and client primacy strategy. No specific numerical targets provided, but focus remains on risk-adjusted returns, funding mix optimization, and scaling the Santander Rewards platform to deepen client engagement.
ReportedEPSSurpriseRevenueSurpriseMove
Oct 28, 2026$0.14
est $0.18
−19.6%$3.79B
est $4.19B
−9.5%−5.6%
Jul 29, 2026$0.16
est $0.20
−18.1%$4.02B
est $4.17B
−3.6%−7.8%
Apr 29, 2026$0.20
est $0.20
0.0%$4.25B
est $4.29B
−0.8%−0.7%
Feb 4, 2026$0.21
est $0.20
+5.0%$4.02B
est $4.07B
−1.4%−5.0%
Oct 29, 2025$0.20
est $0.18
+12.4%$3.88B
est $3.92B
−1.0%+3.8%
Jul 30, 2025$0.17
est $0.17
0.0%$8.86B
est $3.92B
+126.1%−1.3%
Apr 30, 2025$0.18
est $0.17
+5.9%$12.02B
est $3.79B
+217.0%−0.4%
Feb 5, 2025$0.18
est $0.17
+5.9%$14.15B
est $3.56B
+297.7%+6.2%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Banco Santander Brasil stock forecast and analyst price targets

Analysts’ average 12-month price target for Banco Santander Brasil is $6.77, +42.2% from the last close, from 1 firm rating the stock in the last 90 days.

$6.77consensus 12-month target, +42.2% from the last close
Buy0
Hold1
Sell0

Each firm’s latest rating in the last 90 days: 1 firm.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 15HSBCHold, downgraded$6.20+30.3%
+1.1%average 20-day move after past Accumulation readings
−1.3%average move over the next 20 trading days in the last 5 years
±4.6%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Banco Santander Brasil seasonality: the next 20 trading days

Over the next 20 trading days from Nov 4, Banco Santander Brasil averaged −1.3% across the last 5 years, rising in 2 of them.

Next 20 trading days, by year

−4.5%2021−12.6%2022+10.6%2023−9.9%2024+10.6%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+1.9%3 of 5
Next 10 trading days+0.4%2 of 5
Next 15 trading days−0.1%2 of 5
Next 20 trading days−1.3%2 of 5
Next 30 trading days−5.1%1 of 5

For scale, BSBR’s typical 20-trading-day move in either direction is about 6.3%.

Banco Santander Brasil market cap and key statistics

Banco Santander Brasil’s market cap is $35.64B, with a P/E ratio of 14.6 and revenue of $46.49B over the last twelve months.

Valuation

Market cap
$35.64B
P/E ratio
14.6
Forward P/E
6
EPS, TTM
$0.31
Gekko Fair Value
$6.06

Trading

Volume
2.29M
Avg volume, 20 days
4.21M
52-week high
$7.32
52-week low
$4.38
Shares outstanding
3.74B

Financials

Revenue, TTM
$46.49B
Profit margin
27.5%
Return on equity
10.2%
Quarterly earnings growth, YoY
−27.4%

Risk and income

Beta
0.21
Typical daily move
±4.6%
Typical 20-day move
±6.3%
Dividend yield
7.66%

Banco Santander Brasil stock news this week

Coverage of Banco Santander Brasil this week reads negative: 1 positive, 0 neutral and 2 negative headlines.

News sentiment negative

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In the Buying zone today

Reporting earnings this week

Popular on Gekko

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Banco Santander Brasil stock FAQ

What is Banco Santander Brasil’s market cap?

Banco Santander Brasil’s market cap is $35.64B at the Nov 4, 2026 close of $4.76, with 3.74B shares outstanding. The shares trade on a P/E ratio of 14.6.

What is the Banco Santander Brasil stock forecast?

The consensus analyst 12-month price target for Banco Santander Brasil is $6.77, +42.2% from the last close. Of the 1 firm that rated the stock in the last 90 days, 0 rate it a buy, 1 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Banco Santander Brasil stock overvalued or undervalued?

On Gekko’s estimate Banco Santander Brasil is undervalued: the Nov 4, 2026 close of $4.76 is 21.5% below Gekko Fair Value of $6.06. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Banco Santander Brasil report earnings next?

Banco Santander Brasil is expected to report on Feb 3, 2027, before the market opens (90 days away). Analysts expect earnings of $0.19 per share on revenue of $4.18B. Banco Santander Brasil beat the earnings estimate in 4 of its last 8 reports, moving 3.9% on average across the report.

What is Banco Santander Brasil’s 52-week high and low?

Banco Santander Brasil’s 52-week high is $7.32 and its 52-week low is $4.38; it closed at $4.76 on Nov 4, 2026, −18.9% over the past year. Over the last five years the shares peaked at $7.98 on Apr 1, 2022.

Is Banco Santander Brasil stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (gekkoindex, fair value and earnings risk) and 2 as headwinds (trend and seasonality). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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