Banco Santander Brasil SA (BSBR) - Net Assets
Based on the latest financial reports, Banco Santander Brasil SA (BSBR) has net assets worth AR$126.55 Billion ARS (≈ $91.57 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AR$1.27 Trillion ≈ $919.00 Million USD) and total liabilities (AR$1.14 Trillion ≈ $827.42 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check BSBR cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AR$126.55 Billion |
| % of Total Assets | 9.96% |
| Annual Growth Rate | 4.55% |
| 5-Year Change | 19.42% |
| 10-Year Change | N/A |
| Growth Volatility | 2.38 |
Banco Santander Brasil SA - Net Assets Trend (2016–2025)
This chart illustrates how Banco Santander Brasil SA's net assets have evolved over time, based on quarterly financial data. Also explore how large is Banco Santander Brasil SA's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Banco Santander Brasil SA (2016–2025)
The table below shows the annual net assets of Banco Santander Brasil SA from 2016 to 2025. For live valuation and market cap data, see Banco Santander Brasil SA market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | AR$126.55 Billion ≈ $91.57 Million |
+5.61% |
| 2024-12-31 | AR$119.83 Billion ≈ $86.71 Million |
+4.33% |
| 2023-12-31 | AR$114.86 Billion ≈ $83.11 Million |
+3.77% |
| 2022-12-31 | AR$110.68 Billion ≈ $80.09 Million |
+4.44% |
| 2021-12-31 | AR$105.97 Billion ≈ $76.68 Million |
-0.11% |
| 2020-12-31 | AR$106.09 Billion ≈ $76.77 Million |
+9.14% |
| 2019-12-31 | AR$97.21 Billion ≈ $70.34 Million |
+6.13% |
| 2018-12-31 | AR$91.60 Billion ≈ $66.28 Million |
+5.18% |
| 2017-12-31 | AR$87.09 Billion ≈ $63.02 Million |
+2.68% |
| 2016-12-31 | AR$84.81 Billion ≈ $61.37 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Banco Santander Brasil SA's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 3036.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AR$65.37 Billion | 52.22% |
| Other Components | AR$59.80 Billion | 47.78% |
| Total Equity | AR$125.17 Billion | 100.00% |
Banco Santander Brasil SA Competitors by Market Cap
The table below lists competitors of Banco Santander Brasil SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gazit Globe Ltd
TA:GZT
|
$463.36 Million |
|
Qtone Education Group Guangdong Ltd
SHE:300359
|
$463.38 Million |
|
Holsin Engineering Consulting
SHG:603909
|
$463.46 Million |
|
CN EVERBRIGHT WATER HD 1
F:BIU2
|
$463.60 Million |
|
Hefei Jingsong Intelligent Technology Co. Ltd. A
SHG:688251
|
$463.28 Million |
|
Crescent Capital BDC Inc
NASDAQ:CCAP
|
$463.23 Million |
|
Buana Listya Tama Tbk PT
JK:BULL
|
$463.04 Million |
|
Shenyang Chemical Industry Co Ltd
SHE:000698
|
$462.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Banco Santander Brasil SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 119,491,685,000 to 125,173,530,000, a change of 5,681,845,000 (4.8%).
- Net income of 12,766,035,000 contributed positively to equity growth.
- Dividend payments of 6,496,351,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AR$12.77 Billion | +10.2% |
| Dividends Paid | AR$6.50 Billion | -5.19% |
| Other Changes | AR$-587.84 Million | -0.47% |
| Total Change | AR$- | 4.76% |
Book Value vs Market Value Analysis
This analysis compares Banco Santander Brasil SA's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 527.33x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 763.37x to 527.33x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | AR$11.57 | AR$8835.00 | x |
| 2018-12-31 | AR$12.18 | AR$8835.00 | x |
| 2019-12-31 | AR$12.89 | AR$8835.00 | x |
| 2020-12-31 | AR$14.18 | AR$8835.00 | x |
| 2021-12-31 | AR$14.15 | AR$8835.00 | x |
| 2022-12-31 | AR$14.82 | AR$8835.00 | x |
| 2023-12-31 | AR$15.37 | AR$8835.00 | x |
| 2024-12-31 | AR$16.02 | AR$8835.00 | x |
| 2025-12-31 | AR$16.75 | AR$8835.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Banco Santander Brasil SA utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.20%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.35%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 10.15x
- Recent ROE (10.20%) is below the historical average (11.98%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 8.72% | 20.46% | 0.06x | 7.54x | AR$-1.07 Billion |
| 2017 | 10.30% | 24.18% | 0.06x | 7.45x | AR$258.99 Million |
| 2018 | 13.83% | 33.33% | 0.05x | 7.95x | AR$3.48 Billion |
| 2019 | 16.98% | 35.41% | 0.06x | 7.89x | AR$6.74 Billion |
| 2020 | 12.69% | 42.53% | 0.03x | 8.85x | AR$2.84 Billion |
| 2021 | 14.70% | 31.87% | 0.05x | 8.81x | AR$4.96 Billion |
| 2022 | 12.97% | 33.01% | 0.04x | 8.94x | AR$3.27 Billion |
| 2023 | 8.26% | 23.64% | 0.04x | 9.75x | AR$-2.00 Billion |
| 2024 | 11.19% | 27.55% | 0.04x | 10.37x | AR$1.42 Billion |
| 2025 | 10.20% | 27.35% | 0.04x | 10.15x | AR$248.68 Million |
Industry Comparison
This section compares Banco Santander Brasil SA's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $271,527,424,125
- Average return on equity (ROE) among peers: 16.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Banco Santander Brasil SA (BSBR) | AR$126.55 Billion | 8.72% | 9.04x | $463.35 Million |
| BBVA Banco Frances SA (BBAR) | $1.13 Trillion | 16.28% | 4.40x | $3.18 Billion |
| Banco Bradesco DRC (BBD) | $135.54 Billion | 15.51% | 9.17x | $44.47 Billion |
| Banco Hipotecario SA (BHIP) | $50.73 Billion | 11.94% | 6.94x | $184.93 Million |
| Banco Macro SA B (BMA) | $22.11 Billion | 29.59% | 6.01x | $4.95 Billion |
| Banco Patagonia (BPAT) | $36.50 Billion | 48.31% | 4.64x | $992.69 Million |
| Banco Santander Río S.A (BRIO) | $1.34 Billion | 0.00% | 9.68x | $87.20 Million |
| Grupo Financiero Galicia S.A. (GGAL) | $1.78 Billion | 0.00% | 12.31x | $5.96 Billion |
| Grupo Supervielle S.A. B (SUPV) | $798.80 Billion | 13.08% | 4.64x | $669.31 Million |
About Banco Santander Brasil SA
Banco Santander (Brasil) S.A., together with its subsidiaries, provides various banking products and services to individuals, small and medium enterprises, and corporate customers in Brazil and internationally. It operates in two segments, Commercial Banking and Global Wholesale Banking. The company offers payment and loyalty products, including credit and debit cards; payroll and real estate loa… Read more