Banco Santander Brasil SA ADR (BSBR) - Net Assets
Based on the latest financial reports, Banco Santander Brasil SA ADR (BSBR) has net assets worth $125.15 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.26 Trillion) and total liabilities ($1.14 Trillion). 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 | $125.15 Billion |
| % of Total Assets | 9.91% |
| Annual Growth Rate | 16.24% |
| 5-Year Change | 12.95% |
| 10-Year Change | 50.09% |
| Growth Volatility | 172.91 |
Banco Santander Brasil SA ADR - Net Assets Trend (2006–2024)
This chart illustrates how Banco Santander Brasil SA ADR's net assets have evolved over time, based on quarterly financial data. Also explore how large is Banco Santander Brasil SA ADR's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Banco Santander Brasil SA ADR (2006–2024)
The table below shows the annual net assets of Banco Santander Brasil SA ADR from 2006 to 2024. For live valuation and market cap data, see Banco Santander Brasil SA ADR market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $119.83 Billion | +4.33% |
| 2023-12-31 | $114.86 Billion | +3.77% |
| 2022-12-31 | $110.68 Billion | +4.44% |
| 2021-12-31 | $105.97 Billion | -0.11% |
| 2020-12-31 | $106.09 Billion | -84.23% |
| 2019-12-31 | $672.82 Billion | +634.55% |
| 2018-12-31 | $91.60 Billion | +5.18% |
| 2017-12-31 | $87.09 Billion | +2.68% |
| 2016-12-31 | $84.81 Billion | +6.23% |
| 2015-12-31 | $79.84 Billion | +1.46% |
| 2014-12-31 | $78.68 Billion | -3.64% |
| 2013-12-31 | $81.66 Billion | +3.18% |
| 2012-12-31 | $79.14 Billion | +2.93% |
| 2011-12-31 | $76.88 Billion | +4.80% |
| 2010-12-31 | $73.36 Billion | +5.91% |
| 2009-12-31 | $69.27 Billion | +38.99% |
| 2008-12-31 | $49.84 Billion | +437.92% |
| 2007-12-31 | $9.26 Billion | +16.16% |
| 2006-12-31 | $7.98 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Banco Santander Brasil SA ADR'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 60427.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $61.45 Billion | 51.43% |
| Common Stock | $65.00 Billion | 54.40% |
| Other Comprehensive Income | $-6.08 Billion | -5.09% |
| Total Equity | $119.49 Billion | 100.00% |
Banco Santander Brasil SA ADR Competitors by Market Cap
The table below lists competitors of Banco Santander Brasil SA ADR ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ambev S.A.
SA:ABEV3
|
$44.46 Billion |
|
Banco Bradesco DRC
BA:BBD
|
$44.47 Billion |
|
MicroStrategy Incorporated
NASDAQ:MSTR
|
$44.48 Billion |
|
Edwards Lifesciences Corp
NYSE:EW
|
$44.54 Billion |
|
Rockwell Automation Inc
NYSE:ROK
|
$44.40 Billion |
|
Datadog Inc
NASDAQ:DDOG
|
$44.23 Billion |
|
Roche Holding AG
SW:RO
|
$44.05 Billion |
|
Argen-X
F:1AE
|
$44.01 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Banco Santander Brasil SA ADR's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 114,453,004,000 to 119,491,685,000, a change of 5,038,681,000 (4.4%).
- Net income of 13,365,506,000 contributed positively to equity growth.
- Dividend payments of 5,618,714,000 reduced retained earnings.
- Other comprehensive income decreased equity by 2,716,990,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $13.37 Billion | +11.19% |
| Dividends Paid | $5.62 Billion | -4.7% |
| Other Comprehensive Income | $-2.72 Billion | -2.27% |
| Other Changes | $8.88 Million | +0.01% |
| Total Change | $- | 4.40% |
Book Value vs Market Value Analysis
This analysis compares Banco Santander Brasil SA ADR'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: 0.37x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.84x to 0.37x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | $3.23 | $5.95 | x |
| 2007-12-31 | $3.93 | $5.95 | x |
| 2008-12-31 | $13.98 | $5.95 | x |
| 2009-12-31 | $11.09 | $5.95 | x |
| 2010-12-31 | $10.11 | $5.95 | x |
| 2011-12-31 | $10.59 | $5.95 | x |
| 2012-12-31 | $10.90 | $5.95 | x |
| 2013-12-31 | $11.24 | $5.95 | x |
| 2014-12-31 | $10.35 | $5.95 | x |
| 2015-12-31 | $20.66 | $5.95 | x |
| 2016-12-31 | $21.94 | $5.95 | x |
| 2017-12-31 | $22.65 | $5.95 | x |
| 2018-12-31 | $23.90 | $5.95 | x |
| 2019-12-31 | $25.42 | $5.95 | x |
| 2020-12-31 | $14.17 | $5.95 | x |
| 2021-12-31 | $14.14 | $5.95 | x |
| 2022-12-31 | $14.67 | $5.95 | x |
| 2023-12-31 | $15.36 | $5.95 | x |
| 2024-12-31 | $16.02 | $5.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Banco Santander Brasil SA ADR 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): 11.19%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.36%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 10.37x
- Recent ROE (11.19%) is above the historical average (10.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 10.08% | 8.54% | 0.09x | 12.79x | $6.06 Million |
| 2007 | 20.54% | 11.77% | 0.14x | 12.52x | $976.55 Million |
| 2008 | 4.77% | 9.89% | 0.08x | 5.90x | $-2.60 Billion |
| 2009 | 7.95% | 14.43% | 0.12x | 4.56x | $-1.42 Billion |
| 2010 | 10.06% | 17.62% | 0.11x | 5.11x | $46.56 Million |
| 2011 | 10.07% | 15.37% | 0.13x | 5.21x | $52.87 Million |
| 2012 | 6.95% | 12.43% | 0.10x | 5.36x | $-2.41 Billion |
| 2013 | 7.03% | 12.69% | 0.10x | 5.57x | $-2.41 Billion |
| 2014 | 7.19% | 10.04% | 0.11x | 6.64x | $-2.20 Billion |
| 2015 | 12.32% | 17.31% | 0.09x | 7.62x | $1.84 Billion |
| 2016 | 8.72% | 8.80% | 0.13x | 7.54x | $-1.07 Billion |
| 2017 | 10.30% | 12.00% | 0.12x | 7.45x | $258.99 Million |
| 2018 | 13.83% | 18.81% | 0.09x | 7.95x | $3.48 Billion |
| 2019 | 16.98% | 21.74% | 0.10x | 7.89x | $6.74 Billion |
| 2020 | 12.69% | 26.37% | 0.05x | 8.83x | $2.84 Billion |
| 2021 | 14.70% | 20.61% | 0.08x | 8.81x | $4.96 Billion |
| 2022 | 12.97% | 12.88% | 0.11x | 8.94x | $3.27 Billion |
| 2023 | 8.26% | 7.79% | 0.11x | 9.75x | $-2.00 Billion |
| 2024 | 11.19% | 10.36% | 0.10x | 10.37x | $1.42 Billion |
Industry Comparison
This section compares Banco Santander Brasil SA ADR's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $552,557,300
- Average return on equity (ROE) among peers: 11.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Banco Santander Brasil SA ADR (BSBR) | $125.15 Billion | 10.08% | 9.09x | $44.45 Billion |
| Ameris Bancorp (ABCB) | $1.46 Billion | 8.31% | 6.86x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $5.70 Billion |
| ACNB Corporation (ACNB) | $74.01 Million | 9.97% | 11.77x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $129.12 Million | 4.21% | 5.71x | $135.98 Million |
| Alerus Financial Corp (ALRS) | $153.31 Million | 13.22% | 8.01x | $647.19 Million |
| Amalgamated Bank (AMAL) | $535.82 Million | 8.62% | 10.16x | $1.14 Billion |
| Amerant Bancorp Inc. (AMTB) | $901.22 Million | 12.53% | 7.48x | $962.39 Million |
| Arrow Financial Corporation (AROW) | $72.29 Million | 17.85% | 12.85x | $601.02 Million |
| Associated Banc-Corp (ASB) | $2.02 Billion | 12.80% | 9.17x | $5.20 Billion |
| AmeriServ Financial Inc (ASRV) | $65.10 Million | 11.83% | 10.90x | $62.60 Million |
About Banco Santander Brasil SA ADR
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 Commercial Banking and Global Wholesale Banking segments. The company offers payroll and real estate loans; home equity financing solutions; a microfinance program; consorti… Read more