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Financial statements

Banco Santander (Brasil) S.A. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Banco Santander (Brasil) S.A. files with the SEC in its annual reports.

In BRL millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2017FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
General and administrative14,92016,12116,792-16,942-17,11517,31618,24019,56320,41720,938
Pre-tax income16,38414,51415,91022,2739,66424,75019,57511,92219,19016,729
Net income to minority interests13021421722532.231.352.449.548.3199
Net income7,3358,92412,58216,40713,41915,52814,2879,44913,36612,766

Balance sheet

FY2017FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents18,13022,67125,28521,44428,44732,66949,56589,41867,20173,273
Property, plant and equipment6,6466,5106,5899,7829,5378,7848,1917,0866,0225,046
Goodwill28,35528,36428,37828,37528,36027,91527,88927,85327,89327,845
Intangible assets30,23730,20230,01930,59630,76630,78731,60332,37632,82733,227
Total assets634,393645,703723,865760,613933,578931,208985,4511,115,6531,238,7971,270,029
Total liabilities549,581558,615632,270663,403827,489825,234874,7711,000,7961,118,9701,143,476
Shareholders' equity84,08786,65191,06596,651105,777105,640110,183114,453119,492125,174
Minority interests7264375305593133344974033351,380
Total equity84,81385,54691,59597,209106,090105,974110,680114,856119,827126,553
Total liabilities and equity634,393645,703723,865760,613933,578931,208985,4511,115,6531,238,7971,270,029

Cash flow statement

FY2017FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income7,4659,13812,80016,63113,45115,55914,3399,49913,41412,965
Depreciation and amortization1,4831,6621,740-2,392-2,5792,4342,5862,7412,7312,626
Cash from operations6,74950,2918,27724,87242,3186,8076,84736,615-21,1314,992
Cash from investing-1,268-1,453-2,360-2,513-1,163-1,927-2,705-2,580-2,016-3,323
Stock issued-90-379-312-220-11078.3
Dividends paid-350-273-112148-146-152-173-56.9
Cash from financing-18,193-44,297-3,303-26,200-34,152-65912,7555,8189304,402
Exchange rate effect2,290000.1
Net change in cash-15,0024,5412,614-3,8417,0034,22216,89739,852-22,2176,072
Interest paid-46,051-37,949-29,796-27,655
Income taxes paid-4,240-3,280-3,6695,3011,2694,5356,0775,8935,4246,510

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. No valuation: the share price is quoted in a different currency than the statements.

Profitability

MetricValueHow it is calculated
Return on equity (ROE)10.4%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)1.0%Net income / average total assets.

Growth

MetricValueHow it is calculated
Net income growth, 1y-4.5%Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y-3.7%Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y-1.0%Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow CAGR, 3y-10.0%Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y-34.8%Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y4.8%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y4.3%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y3.4%Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y2.5%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y8.8%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y6.3%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.

Balance sheet health

MetricValueHow it is calculated
Liabilities / assets90.0%Total liabilities / total assets.
Goodwill and intangibles / assets4.8%(Goodwill + intangible assets) / total assets.
Tangible book valueR$64.10BShareholders' equity - goodwill - intangible assets.
Was Banco Santander (Brasil) S.A. profitable in fiscal 2025?

Yes. Net income was R$12.77B, a net margin of -.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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