Earnings Alerts

Banco Santander Brasil (SANB11) Earnings: 2Q Total Assets Surpass Estimates with R$1.25 Trillion

  • Total Assets: R$1.25 trillion, beating the estimated R$1.19 trillion.
  • Accounting Net Income: R$3.25 billion reported this quarter.
  • Net Interest Income: R$14.75 billion.
  • Expanded Loan Portfolio: Reached R$665.59 billion.
  • Non-Performing Loans Ratio: Stands at 3.2%.
  • Analyst Recommendations: 4 buys, 9 holds, and 1 sell.

A look at Banco Santander Brasil Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth0
Resilience2
Momentum4
OVERALL SMART SCORE2.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Banco Santander Brasil is showing a promising outlook for the long term. With a strong Dividend score of 4 and Momentum rating of 4, the company demonstrates solid potential for consistent dividend payouts and positive market performance. Additionally, the Value score of 3 signifies decent valuation metrics, while the Resilience score of 2 indicates a moderate ability to weather economic uncertainties. However, the Growth score of 0 might pose a challenge in terms of expansion and revenue increase.

Banco Santander (Brasil) S.A., a financial institution specializing in retail, commercial, and private banking services, also offers asset management solutions to its customers. The bank caters to a wide range of financial needs including consumer credit, mortgage loans, mutual funds, insurance, and investment banking services. Despite facing some growth challenges, the overall outlook appears positive for Banco Santander Brasil, especially in terms of dividends, market momentum, and solid value metrics.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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