B3 · BRL

SANB11

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

R$27.90-2.96% (-R$0.85)
Day's range
R$27.81 – R$28.59
Day's volume
R$16.1M
52-week range
R$25.18 – R$37.83

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SANB11 in numbers

Market cap
R$104.6B
P/E
6.32
P/B
0.82
Dividend yield (12m)
8.27%

The 12-month dividend yield of SANB11 is 8.27%, above its 5-year average of 6.96%.

SANB11 price history

10/01/202510/01/2026
Compare with

SANB11 risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return-5.01%+24.53%+13.61%
Volatility (annualized)23.06%23.95%24.41%
Largest drawdown-24.94%-24.94%-24.94%
Positive months5/1217/3628/60

How much did investing in SANB11 return?

R$1,000.00 invested on 10/01/2021 would be worth R$1,135.28 today.

Value today in SANB11
R$1,135.28
Return over the period
+13.53%
Return per year
+2.57%
In the Ibovespa
R$1,808.65

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

SANB11 fundamentals

Valuation

  • P/E
    6.32
  • P/B
    0.82
  • EV/EBITDA
    —
  • EV/EBIT
    —
  • EV/Revenue
    0.62
  • P/EBIT
    —
  • P/S
    0.62
  • P/OCF
    3.52
  • P/FCF
    3.15
  • 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$27.90.

Graham's fair price
R$58.05
108.05% 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
22.24% above the price

R$2.05 (5-year average) ÷ 6%

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

Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.

SANB11's indicators by year

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

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's financial statements

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

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)6.320.828.27%12.99%R$104.6B
ITUB4ITAU UNIBANCO HOLDING S.A.10.432.247.15%21.50%R$511.8B
ITUB3ITAU UNIBANCO HOLDING S.A.11.412.456.53%21.50%R$511.8B
BPAC3BCO BTG PACTUAL S.A.15.683.481.91%22.20%R$271.9B
BPAC5BCO BTG PACTUAL S.A.13.142.922.28%22.20%R$271.9B
BBDC4BCO BRADESCO S.A.7.921.086.80%13.66%R$183.9B
BBDC3BCO BRADESCO S.A.6.940.957.05%13.66%R$183.9B

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
  • 6.34%2026
Payment history
TypeLast day to ownPaymentPer share
Interest on equity07/21/202608/06/2026R$0.53
Interest on equity04/20/202605/07/2026R$0.53
Interest on equity01/20/202602/05/2026R$0.54
Interest on equity01/02/202602/05/2026R$0.17
Interest on equity10/21/202511/07/2025R$0.54
Interest on equity07/17/202508/08/2025R$0.54
Interest on equity04/17/202505/08/2025R$0.40
Interest on equity01/22/202502/12/2025R$0.40
Interest on equity10/17/202411/08/2024R$0.35
Dividend10/17/202411/08/2024R$0.05
Interest on equity07/19/202408/09/2024R$0.40
Interest on equity04/19/202405/15/2024R$0.40
See all 91 distributions
Earlier distributions
TypeLast day to ownPaymentPer share
Interest on equity01/19/202402/08/2024R$0.40
Dividend10/19/202311/10/2023R$0.10
Interest on equity10/19/202311/10/2023R$0.30
Interest on equity07/20/202308/16/2023R$0.40
Interest on equity04/24/202305/15/2023R$0.40
Interest on equity01/26/202303/06/2023R$0.46
Dividend10/21/202211/22/2022R$0.22
Interest on equity10/21/202211/22/2022R$0.24
Interest on equity08/12/202209/06/2022R$0.46
Dividend04/20/202205/16/2022R$0.19
Interest on equity04/20/202205/16/2022R$0.27
Dividend02/10/202203/04/2022R$0.35
Interest on equity02/10/202203/04/2022R$0.46
Interest on equity01/07/202202/03/2022R$0.07
Dividend11/04/202112/03/2021R$0.80
Interest on equity08/04/202109/03/2021R$0.91
Dividend05/07/202106/02/2021R$0.80
Dividend02/12/202103/03/2021R$0.14
Interest on equity01/08/202102/01/2021R$0.18
Interest on equity11/04/202012/23/2020R$0.27
Interest on equity08/06/202009/25/2020R$0.21
Interest on equity05/07/202006/26/2020R$0.24
Interest on equity01/03/202002/21/2020R$0.27
Dividend01/03/202002/21/2020R$1.82
Interest on equity10/08/201910/30/2019R$0.27
Interest on equity07/05/201907/31/2019R$0.27
Interest on equity04/05/201904/29/2019R$0.27
Interest on equity01/07/201902/26/2019R$0.77
Dividend01/07/201902/26/2019R$0.51
Interest on equity10/05/201810/26/2018R$0.16
Dividend07/04/201807/27/2018R$0.16
Interest on equity04/05/201804/26/2018R$0.16
Dividend01/05/201802/26/2018R$0.67
Interest on equity01/05/201802/26/2018R$0.61
Interest on equity10/06/201710/26/2017R$0.13
Interest on equity08/02/201708/25/2017R$0.13
Interest on equity05/03/201705/26/2017R$0.13
Dividend01/04/201702/23/2017R$0.19
Interest on equity01/04/201702/23/2017R$0.89
Interest on equity07/06/201608/26/2016R$0.13
Interest on equity12/30/201502/25/2016R$0.37
Dividend12/30/201502/24/2016R$0.43
Dividend09/09/201510/05/2015R$0.81
Dividend03/27/201508/27/2015R$0.04
Dividend09/25/201402/26/2015R$0.06
Interest on equity12/30/201402/25/2015R$0.18
Dividend03/26/201408/28/2014R$0.03
Dividend03/26/201408/28/2014R$0.03
Dividend06/25/201408/27/2014R$0.11
Dividend09/26/201302/26/2014R$0.12
Interest on equity03/27/201308/29/2013R$0.08
Dividend12/19/201202/26/2013R$0.07
Interest on equity03/28/201208/29/2012R$0.11
Dividend12/21/201102/28/2012R$0.20
Interest on equity09/22/201102/28/2012R$0.11
Interest on equity06/21/201108/29/2011R$0.14
Dividend06/21/201108/29/2011R$0.03
Dividend05/31/201108/29/2011R$0.07
Interest on equity03/24/201108/29/2011R$0.16
Dividend12/22/201002/25/2011R$0.34
Interest on equity06/30/201008/25/2010R$0.11
Dividend06/30/201008/25/2010R$0.13
Interest on equity03/22/201008/25/2010R$0.11
Interest on equity12/28/200902/22/2010R$0.05
Dividend12/28/200902/22/2010R$0.09
Dividend12/28/200902/22/2010R$0.11
Other01/14/2014—R$1.59
Dividend12/30/2013—R$0.08
Dividend12/30/2013—R$0.19
Dividend06/25/2013—R$0.17
Interest on equity12/19/2012—R$0.12
Dividend09/26/2012—R$0.09
Dividend09/26/2012—R$0.04
Interest on equity06/28/2012—R$0.04
Dividend06/28/2012—R$0.13
Dividend06/28/2012—R$0.11
Dividend05/31/2011—R$0.13
Interest on equity12/22/2010—R$0.11
Interest on equity09/22/2010—R$0.14
Splits, reverse splits and bonus shares
EventLast day to ownRatio
Reverse split05/30/20141 for 55
Bonus shares05/27/20144.80% 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
3.82B common · 3.68B preferred
Average daily trading
R$132.3M
Ibovespa weight
0.39%
Listed since
04/03/2007
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 12/31/2026, from the Formulário de Referência filed with the CVM.
ShareholderCommonPreferredTotal
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$27.90 (-2.96% on the day), last traded on 10/01/2026.

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 6.32 and a P/B of 0.82.

How much did SANB11 return in 12 months?

SANB11 returned -5.01% in 12 months, with annualized volatility of 23.06% and a largest drawdown of -24.94%.

What sector is SANB11 in?

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