DBSA Stock Financial Analysis - Banco Santander (Brasil) S.A. - Depositary Receipt (Common Stock) (DB) Stock

Overview

Banco Santander (Brasil) S.A., based in Brazil, operates as a subsidiary of the global banking group, Banco Santander, S.A., originating from Spain. Positioned prominently in the financial services sector, the bank engages in various activities, including retail banking, direct banking, commercial banking, and asset management. It catandidates facilities to both individuals and corporate clients extending services such as loans, credit cards, and savings products, alongside investment and insurance solutions. Its significant emphasis on digital innovation led to the development of the Superdigital platform, aimed at broadening financial inclusivity by providing banking services across the digital divide. Banco Santander (Brasil) stands out for its focus on sustainable banking initiatives, integrating financial products with environmental and social responsibility, enhancing its corporate marketability in emerging economies.

Quality, Value, Momentum Scores

This card shows the Quality, Value, and Momentum scores for the company

Quality

The QualityScore is a proprietary scoring model that identifies high quality companies, based on cash generating efficiencies.

Value

Proprietary scoring model that ranks companies based on their relative valuation. Scores range from 0 to 100, with 100 being the most undervalued.

Momentum

Proprietary scoring model that ranks companies on their six-month momentum.

Fund Sentiment

The Fund Sentiment (fka Ownership) score is a proprietary quantitative model that ranks companies based on levels of ownership accumulation.

QVM

The QVM Score is a proprietary scoring model that combines Quality, Value, and Momentum into a single metric that ranks companies from 0 to 100.

Income Statement: Revenue, Operating Income, Net Income

The revenue for Banco Santander (Brasil) S.A. - Depositary Receipt (Common Stock) as of 30 June 2025 is 49,718.68 MM.
The operating income for Banco Santander (Brasil) S.A. - Depositary Receipt (Common Stock) as of 30 June 2025 is 29,400.13 MM.
The net income for Banco Santander (Brasil) S.A. - Depositary Receipt (Common Stock) as of 30 June 2025 is 14,553.46 MM.

Period End (TTM)	Revenue (MM)	Operating Income (MM)	Net Income (MM)
2025-06-30	49,718.68	29,400.13	14,553.46
2025-03-31	47,895.61	25,339.32	13,422.26
2024-12-31	47,185.47	24,979.10	13,365.51
2024-09-30	47,213.25	20,911.33	12,326.16
2024-06-30	44,737.75	19,328.50	11,422.73
2024-03-31	40,898.27	18,012.32	9,461.33
2023-12-31	38,899.83	17,264.87	9,449.31
2023-09-30	43,705.90	7,682.75	9,743.90
2023-06-30	40,428.23	9,787.50	10,553.89
2023-03-31	39,116.67	17,416.52	13,526.34
2022-12-31	41,777.27	21,546.93	14,287.09
2022-09-30	34,699.77	26,821.25	15,734.44
2022-06-30	38,256.42	26,540.22	16,552.47
2022-03-31	48,061.21	28,474.24	15,275.31
2021-12-31	46,845.89	25,363.63	15,528.05
2021-09-30	60,705.06	29,457.20	14,900.57
2021-06-30	57,621.21	30,423.06	14,427.74
2021-03-31	42,676.42	23,451.28	13,614.22
2020-12-31	31,099.52	11,926.11	13,418.53
2020-09-30	27,836.02	10,572.34	15,162.52
2020-06-30
2020-03-31

Income Statement: EPS

Period End (TTM)	Earnings Per Share Basic	Earnings Per Share Diluted
2025-06-30
2025-03-31
2024-12-31	1.81	1.81
2024-09-30	1.65	1.65
2024-06-30
2024-03-31	1.27	1.27
2023-12-31	1.20	1.20
2023-09-30	1.31	1.31
2023-06-30
2023-03-31	1.82	1.82
2022-12-31	1.92	1.92
2022-09-30	2.11	2.11
2022-06-30	2.22	2.22
2022-03-31	2.05	2.05
2021-12-31	2.08	2.08
2021-09-30	1.99	1.99
2021-06-30	1.93	1.93
2021-03-31	1.82	1.82
2020-12-31	1.80	1.80
2020-09-30	2.03	2.03
2020-06-30	2.05	2.05
2020-03-31	2.23	2.23

Cash Flow: Operations, Investing, Financing

The cash from operating activities for Banco Santander (Brasil) S.A. - Depositary Receipt (Common Stock) as of 30 June 2025 is 18,905.44 MM.
The cash from investing activities for Banco Santander (Brasil) S.A. - Depositary Receipt (Common Stock) as of 30 June 2025 is 592.26 MM.
The cash from financing activities for Banco Santander (Brasil) S.A. - Depositary Receipt (Common Stock) as of 30 June 2025 is -9,435.91 MM.

Period End (TTM)	Cash From Operating Activities (MM)	Cash From Investing Activities (MM)	Cash From Financing Activities (MM)
2025-06-30	18,905.44	592.26	-9,435.91
2025-03-31	33,780.08	-2,099.98	3,359.53
2024-12-31	-21,131.27	-2,015.77	930.18
2024-09-30	19,090.31	-1,861.11	-19,788.06
2024-06-30	40,064.10	-2,276.55	-18,276.71
2024-03-31	13,846.54	-1,961.06	-2,303.10
2023-12-31	36,614.79	-2,580.32	5,817.95
2023-09-30	15,248.25	-2,822.60	50,186.57
2023-06-30	-8,740.54	-2,302.55	20,243.40
2023-03-31	-3,260.32	-2,868.09	34,280.86
2022-12-31	6,847.03	-2,705.29	12,754.85
2022-09-30	12,161.99	-4,431.97	12,833.82
2022-06-30	560.07	-3,344.00	10,335.22
2022-03-31	1,837.95	-2,888.24	-11,840.73
2021-12-31	6,807.14	-1,926.69	-658.51
2021-09-30	5,123.61	785.54	-5,277.21
2021-06-30	15,669.30	-332.63	-15,088.75
2021-03-31	40,195.15	-339.77	-28,434.32
2020-12-31	42,317.96	-1,163.10	-34,151.71
2020-09-30	50,885.68	-1,012.34	-36,447.03
2020-06-30
2020-03-31

Valuation Metrics : PE, PriceToBook, PriceToTBV

P/Book: The current closing price divided by the book value per share.

P/TBV: The current price divided by the tangible book value per share.

Period End (TTM)	p/e	P/Book	P/TBV
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
2023-06-30
2023-03-31
2022-12-31
2022-09-30
2022-06-30
2022-03-31
2021-12-31
2021-09-30
2021-06-30
2021-03-31
2020-12-31
2020-09-30
2020-06-30
2020-03-31

Valuation Metrics : EBitToEv, EBit3YrAvgToEv

Period End (TTM)	EBIT/EV	EBIT (3y)/EV
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
2023-06-30
2023-03-31
2022-12-31
2022-09-30
2022-06-30
2022-03-31
2021-12-31
2021-09-30
2021-06-30
2021-03-31
2020-12-31
2020-09-30
2020-06-30
2020-03-31

Management Effectiveness

The roa for Banco Santander (Brasil) S.A. - Depositary Receipt (Common Stock) as of 30 June 2025 is 0.01.
The roe for Banco Santander (Brasil) S.A. - Depositary Receipt (Common Stock) as of 30 June 2025 is 0.16.
The roic for Banco Santander (Brasil) S.A. - Depositary Receipt (Common Stock) as of 30 June 2025 is 0.03.
The croic for Banco Santander (Brasil) S.A. - Depositary Receipt (Common Stock) as of 30 June 2025 is 0.09.
The ocroic for Banco Santander (Brasil) S.A. - Depositary Receipt (Common Stock) as of 30 June 2025 is 0.08.

Period End (TTM)	ROA	ROE	ROIC	CROIC	OCROIC
2025-06-30	0.01	0.16	0.03	0.09	0.08
2025-03-31	0.01	0.12	0.03	-0.06	-0.14
2024-12-31	0.01	0.12	0.02	-0.00	0.02
2024-09-30	0.01	0.11	0.05	0.08	0.06
2024-06-30	0.01	0.08	0.02	0.02	0.03
2024-03-31	0.01	0.11	0.02	0.07	0.07
2023-12-31	0.01	0.12	0.03	0.15	0.12
2023-09-30	0.01	0.10	0.03	0.03	-0.02
2023-06-30	0.01	0.10	0.03	0.02	-0.02
2023-03-31	0.01	0.13	0.03	0.07	-0.01
2022-12-31	0.02	0.14	0.04	0.05	0.01
2022-09-30	0.02	0.14	0.04	0.05	0.01
2022-06-30	0.02	0.16	0.05	0.02	0.00
2022-03-31	0.02	0.15	0.04	-0.03	0.00
2021-12-31	0.02	0.20	0.04	0.01	0.02
2021-09-30	0.02	0.15	0.04	0.00	0.01
2021-06-30	0.02	0.15	0.04	0.00	0.04
2021-03-31	0.02	0.14	0.03	0.03	0.10
2020-12-31	0.02	0.21	0.03	0.02	0.09
2020-09-30	0.02	0.15	0.05	0.04	0.17
2020-06-30	0.02	0.16	0.05	0.06	0.16
2020-03-31	0.02	0.18	0.05	0.04	0.11

Gross Margins

The gross margin for Banco Santander (Brasil) S.A. - Depositary Receipt (Common Stock) as of 30 June 2025 is 0.98.
The net margin for Banco Santander (Brasil) S.A. - Depositary Receipt (Common Stock) as of 30 June 2025 is 0.29.
The operating margin for Banco Santander (Brasil) S.A. - Depositary Receipt (Common Stock) as of 30 June 2025 is 0.54.

Gross Margin: The Gross Margin is the ratio of revenue left after substracting the Cost of Goods Sold. It is calculated as 1.0 - (Revenue - COGS ) / Revenue.

Net Margin: The Net Margin (aka Profit Margin) is the ratio of revenue left after substracting the Net Income. It is calculated as Net Income / Revenue.

Operating Margin: The Operaing Margin is the ratio of revenue left after substracting the Operating Income. It is calculated as Operating Income / Revenue.

Period End (TTM)	Gross Margin	Net Margin	Operating Margin
2025-06-30	0.98	0.29	0.54
2025-03-31	0.98	0.27	0.47
2024-12-31	0.98	0.27	0.42
2024-09-30	0.98	0.25	0.37
2024-06-30	0.98	0.23	0.36
2024-03-31	0.99	0.19	0.24
2023-12-31	0.98	0.26	0.45
2023-09-30	0.98	0.29	0.45
2023-06-30	0.98	0.29	0.45
2023-03-31	0.98	0.35	0.48
2022-12-31	0.98	0.38	0.59
2022-09-30	0.98	0.38	0.59
2022-06-30	0.98	0.39	0.59
2022-03-31	0.98	0.32	0.59
2021-12-31	0.99	0.27	0.44
2021-09-30	0.99	0.30	0.63
2021-06-30	0.99	0.30	0.64
2021-03-31	0.98	0.32	0.55
2020-12-31	0.99	0.28	0.46
2020-09-30	0.97	0.54	0.20
2020-06-30	0.97	0.57	0.15
2020-03-31	0.98	0.50	0.33