B3 · BRL

SANB11

Banco Santander (Brasil) S.A. Units Cons of 1 Sh + 1 Pfd Sh

R$28.75-2.77% (-R$0.82)
Day's range
R$28.69 – R$29.79
Day's volume
R$94.6m
52-week range
R$25.18 – R$37.83

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SANB11 in numbers

Market cap
R$107.5bn
P/E
6.52
P/B
0.85
Dividend yield (12m)
8.03%

The 12-month dividend yield of SANB11 is 8.03%, above its 5-year average of 6.96%.

SANB11 price history

01/10/202530/09/2026
Compare with

SANB11 risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return+8.69%+38.52%+22.02%
Volatility (annualised)23.56%23.74%24.25%
Largest drawdown-24.94%-24.94%-24.94%
Positive months6/1218/3629/60

How much did investing in SANB11 return?

R$1,000.00 invested on 01/09/2021 would be worth R$1,220.16 today.

Value today in SANB11
R$1,220.16
Return over the period
+22.02%
Return per year
+4.06%
In the Ibovespa
R$1,657.66

With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.

SANB11 fundamentals

Valuation

  • P/E
    6.52
  • P/B
    0.85
  • EV/EBITDA
    —
  • EV/EBIT
    —
  • EV/Revenue
    0.64
  • P/EBIT
    —
  • P/S
    0.64
  • P/OCF
    3.62
  • P/FCF
    3.23
  • Earnings yield
    —
  • PEG ratio
    0.17
  • Earnings per share
    R$4.41
  • Book value per share
    R$33.95

Debt

  • Net debt
    —
  • Net debt/EBITDA
    —
  • Net debt/Equity
    —
  • Debt/Equity
    —
  • Current ratio
    1.11
  • Quick ratio
    0.24
  • Cash ratio
    —

Efficiency

  • Gross margin
    35.46%
  • EBITDA margin
    —
  • Operating margin
    —
  • Net margin
    9.45%
  • Asset turnover
    0.13

Profitability

  • ROE
    12.99%
  • ROA
    1.23%
  • ROIC
    —
  • Payout
    52.30%

Growth

  • Revenue CAGR (5 years)
    21.62%
  • Earnings CAGR (5 years)
    -5.10%
  • Revenue growth (year)
    18.45%
  • Earnings growth (year)
    18.63%
  • Revenue growth (quarter)
    11.48%
  • Earnings growth (quarter)
    39.46%

What is SANB11's fair price?

Two classic value formulas, with today's numbers. The current price is R$28.75.

Graham's fair price
R$58.05
101.90% above the price

√(22.50 × R$4.41 × R$33.95)

Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.

Bazin's ceiling price
R$34.11
18.63% above the price

R$2.05 (5-year average) ÷ 6%

Décio Bazin only bought shares yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years divided by 6%.

Graham ignores growth and debt; Bazin assumes past distributions will repeat. They are reference points for comparison, not a buy recommendation.

SANB11 indicators by year

Multiples at each year's closing price; margins and returns from that year's accounts.

Indicator20252024202320222021202020192018
P/E16.5213.7027.3217.1115.0724.2421.6324.56
P/B2.021.492.111.912.133.073.653.37
Dividend yield5.51%6.76%5.16%7.95%9.41%6.47%4.42%4.28%
Earnings per shareR$2.06R$1.74R$1.18R$1.65R$2.00R$1.79R$2.19R$1.68
Book value per shareR$16.88R$15.98R$15.32R$14.76R$14.13R$14.15R$12.96R$12.22
ROE12.22%10.88%7.72%11.17%14.15%12.65%16.88%13.74%
Gross margin35.47%41.32%36.55%41.23%65.80%70.80%60.85%59.48%
Net margin9.52%9.50%6.91%10.73%19.23%21.38%22.52%17.85%

SANB11 financial statements

Line202520242023202220212020
Net revenueR$162.5bnR$137.2bnR$128.3bnR$115.2bnR$78bnR$62.8bn
Cost of sales-R$104.9bn-R$80.5bn-R$81.4bn-R$67.7bn-R$26.7bn-R$18.3bn
Gross profitR$57.6bnR$56.7bnR$46.9bnR$47.5bnR$51.3bnR$44.4bn
EBITDA——————
EBIT——————
Net finance result——————
Profit before taxR$16.7bnR$19.2bnR$11.9bnR$19.6bnR$24.8bnR$9.7bn
Income tax-R$3.8bn-R$5.8bn-R$2.4bn-R$5.2bn-R$9.2bnR$3.8bn
Net incomeR$15.5bnR$13bnR$8.9bnR$12.4bnR$15bnR$13.4bn

Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.

SANB11 against its sector

The same indicators for the company's other shares and the sector's largest stocks.

StockP/EP/BDividend yield (12m)ROEMarket cap
SANB11Banco Santander (brasil)6.520.858.03%12.99%R$107.5bn
ITUB4ITAU UNIBANCO HOLDING S.A.10.432.247.15%21.50%R$511.8bn
ITUB3ITAU UNIBANCO HOLDING S.A.11.412.456.53%21.50%R$511.8bn
BPAC3BCO BTG PACTUAL S.A.15.683.481.91%22.20%R$271.9bn
BPAC5BCO BTG PACTUAL S.A.13.142.922.28%22.20%R$271.9bn
BBDC4BCO BRADESCO S.A.7.921.086.80%13.66%R$183.9bn
BBDC3BCO BRADESCO S.A.6.940.957.05%13.66%R$183.9bn

Does SANB11 pay dividends?

Dividend yield per year

  • 4.83%2017
  • 4.28%2018
  • 4.42%2019
  • 6.47%2020
  • 9.41%2021
  • 7.95%2022
  • 5.16%2023
  • 6.76%2024
  • 5.51%2025
  • 6.16%2026
Payment history
TypeLast day to ownPaymentPer share
Interest on equity21/07/202606/08/2026R$0.53
Interest on equity20/04/202607/05/2026R$0.53
Interest on equity20/01/202605/02/2026R$0.54
Interest on equity02/01/202605/02/2026R$0.17
Interest on equity21/10/202507/11/2025R$0.54
Interest on equity17/07/202508/08/2025R$0.54
Interest on equity17/04/202508/05/2025R$0.40
Interest on equity22/01/202512/02/2025R$0.40
Interest on equity17/10/202408/11/2024R$0.35
Dividend17/10/202408/11/2024R$0.05
Interest on equity19/07/202409/08/2024R$0.40
Interest on equity19/04/202415/05/2024R$0.40
See all 91 distributions
Earlier distributions
TypeLast day to ownPaymentPer share
Interest on equity19/01/202408/02/2024R$0.40
Dividend19/10/202310/11/2023R$0.10
Interest on equity19/10/202310/11/2023R$0.30
Interest on equity20/07/202316/08/2023R$0.40
Interest on equity24/04/202315/05/2023R$0.40
Interest on equity26/01/202306/03/2023R$0.46
Dividend21/10/202222/11/2022R$0.22
Interest on equity21/10/202222/11/2022R$0.24
Interest on equity12/08/202206/09/2022R$0.46
Dividend20/04/202216/05/2022R$0.19
Interest on equity20/04/202216/05/2022R$0.27
Dividend10/02/202204/03/2022R$0.35
Interest on equity10/02/202204/03/2022R$0.46
Interest on equity07/01/202203/02/2022R$0.07
Dividend04/11/202103/12/2021R$0.80
Interest on equity04/08/202103/09/2021R$0.91
Dividend07/05/202102/06/2021R$0.80
Dividend12/02/202103/03/2021R$0.14
Interest on equity08/01/202101/02/2021R$0.18
Interest on equity04/11/202023/12/2020R$0.27
Interest on equity06/08/202025/09/2020R$0.21
Interest on equity07/05/202026/06/2020R$0.24
Interest on equity03/01/202021/02/2020R$0.27
Dividend03/01/202021/02/2020R$1.82
Interest on equity08/10/201930/10/2019R$0.27
Interest on equity05/07/201931/07/2019R$0.27
Interest on equity05/04/201929/04/2019R$0.27
Interest on equity07/01/201926/02/2019R$0.77
Dividend07/01/201926/02/2019R$0.51
Interest on equity05/10/201826/10/2018R$0.16
Dividend04/07/201827/07/2018R$0.16
Interest on equity05/04/201826/04/2018R$0.16
Dividend05/01/201826/02/2018R$0.67
Interest on equity05/01/201826/02/2018R$0.61
Interest on equity06/10/201726/10/2017R$0.13
Interest on equity02/08/201725/08/2017R$0.13
Interest on equity03/05/201726/05/2017R$0.13
Dividend04/01/201723/02/2017R$0.19
Interest on equity04/01/201723/02/2017R$0.89
Interest on equity06/07/201626/08/2016R$0.13
Interest on equity30/12/201525/02/2016R$0.37
Dividend30/12/201524/02/2016R$0.43
Dividend09/09/201505/10/2015R$0.81
Dividend27/03/201527/08/2015R$0.04
Dividend25/09/201426/02/2015R$0.06
Interest on equity30/12/201425/02/2015R$0.18
Dividend26/03/201428/08/2014R$0.03
Dividend26/03/201428/08/2014R$0.03
Dividend25/06/201427/08/2014R$0.11
Dividend26/09/201326/02/2014R$0.12
Interest on equity27/03/201329/08/2013R$0.08
Dividend19/12/201226/02/2013R$0.07
Interest on equity28/03/201229/08/2012R$0.11
Dividend21/12/201128/02/2012R$0.20
Interest on equity22/09/201128/02/2012R$0.11
Interest on equity21/06/201129/08/2011R$0.14
Dividend21/06/201129/08/2011R$0.03
Dividend31/05/201129/08/2011R$0.07
Interest on equity24/03/201129/08/2011R$0.16
Dividend22/12/201025/02/2011R$0.34
Interest on equity30/06/201025/08/2010R$0.11
Dividend30/06/201025/08/2010R$0.13
Interest on equity22/03/201025/08/2010R$0.11
Interest on equity28/12/200922/02/2010R$0.05
Dividend28/12/200922/02/2010R$0.09
Dividend28/12/200922/02/2010R$0.11
Other14/01/2014—R$1.59
Dividend30/12/2013—R$0.08
Dividend30/12/2013—R$0.19
Dividend25/06/2013—R$0.17
Interest on equity19/12/2012—R$0.12
Dividend26/09/2012—R$0.09
Dividend26/09/2012—R$0.04
Interest on equity28/06/2012—R$0.04
Dividend28/06/2012—R$0.13
Dividend28/06/2012—R$0.11
Dividend31/05/2011—R$0.13
Interest on equity22/12/2010—R$0.11
Interest on equity22/09/2010—R$0.14
Splits, share consolidations and bonus shares
EventLast day to ownRatio
Share consolidation30/05/20141 for 55
Bonus shares27/05/20144.80% in shares

About Banco Santander (brasil)

Sector
Serviços Financeiros
Segment
Bancos
Listing segment
Traditional
Tag along
Set by the bylaws
Free float
9.87%
Shares issued
3.82bn ordinary · 3.68bn preferred
Average daily trading
R$133.6m
Ibovespa weight
0.39%
Listed since
03/04/2007
CNPJ
90.400.888/0001-42

O Banco Santander (Brasil) S.A., negociado na B3 pelo ticker SANB11, foi fundado em 1982 e atua no setor bancário brasileiro. A instituição integra o Grupo Santander e opera como uma das maiores plataformas do conglomerado fora da Europa. A atuação cobre varejo bancário, crédito, cartões, serviços para empresas, seguros, gestão de ativos e outros serviços financeiros. O banco combina canais físicos e digitais para atendimento de pessoas físicas e jurídicas, com foco em produtos de intermediação financeira e serviços transacionais. No cenário competitivo, o Santander Brasil disputa mercado com os principais bancos de grande porte do país em crédito, captação e serviços. O desempenho do negócio é influenciado por ciclo econômico doméstico, dinâmica de juros, inadimplência e competição em canais digitais. A instituição tem cobertura nacional e base ampla de clientes e operações. Em escala, reportou 49.661 empregados e posição relevante em ativos e carteira de crédito no sistema financeiro brasileiro, com ações listadas na B3 e ADRs em Nova York.

Investor website
ShareholdersAs of 31/12/2026, from the Formulário de Referência filed with the CVM.
ShareholderOrdinaryPreferredTotal
Sterrebeeck B.V47.39%47.11%47.25%
Grupo Empresarial Santander, S.L42.63%41.85%42.25%
Banco Santander S/A Espanha0.07%0.00%0.04%
Outros9.55%10.67%10.10%
Ações Tesouraria0.36%0.38%0.37%

Questions about SANB11

How much is SANB11 today?

SANB11 is at R$28.75 (-2.77% on the day), last traded on 01/10/2026.

How much did SANB11 pay in dividends in 2025?

SANB11 paid R$1.88 per share in 2025, a dividend yield of 5.51%.

What are the P/E and P/B of SANB11?

SANB11 trades at a P/E of 6.52 and a P/B of 0.85.

How much did SANB11 return in 12 months?

SANB11 returned 8.69% in 12 months, with annualised volatility of 23.56% and a largest drawdown of -24.94%.

What sector is SANB11 in?

Banco Santander (brasil) is in the Serviços Financeiros sector, Bancos segment.