Zacks: Brokerage Firms Predict Banco Santander (Brasil) SA (NYSE: BSBR) To Post Earnings Per Share Of $ 0.21

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Wall Street brokerages expect Banco Santander (Brasil) SA (NYSE: BSBR) to report earnings per share (EPS) of $ 0.21 for the current quarter, according to Zack. Zero analysts have estimated Banco Santander (Brazil) earnings. Banco Santander (Brazil) posted earnings of $ 0.18 per share in the same quarter last year, suggesting a positive growth rate of 16.7% year-over-year. The company is expected to announce its next earnings report on Friday, February 25.

On average, analysts expect Banco Santander (Brazil) to report annual profit of $ 0.78 per share for the current year, with EPS estimates ranging from $ 0.76 to $ 0.81. . For the next fiscal year, analysts predict the company will report earnings of $ 0.88 per share, with EPS estimates ranging from $ 0.86 to $ 0.89. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research analysts who follow Banco Santander (Brazil).

Banco Santander (Brazil) (NYSE: BSBR) last released its quarterly results on Wednesday, October 27. The bank reported earnings per share (EPS) of $ 0.09 for the quarter, missing the consensus estimate of $ 0.21 of ($ 0.12). Banco Santander (Brazil) had a net margin of 13.61% and a return on equity of 12.68%. The company reported sales of $ 2.72 billion for the quarter.

Separately, Zacks investment research downgraded Banco Santander (Brazil) from a “purchase” rating to a “conservation” rating in a research note on Friday, October 29.

Actions of BSBR shares open for $ 5.66 on Mondays. Banco Santander has a one-year low at $ 5.58 and a one-year high at $ 9.27. The stock has a market cap of $ 21.22 billion, a PE ratio of 13.80, a price / earnings-growth ratio of 0.73, and a beta of 1.03. The company’s fifty-day moving average is $ 6.26 and its 200-day moving average is $ 7.27.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 13. Shareholders of record on Monday, November 8 will receive a dividend of $ 0.5327 per share. The ex-dividend date is Friday, November 5. This is a positive change from the previous quarterly dividend of $ 0.44 from Banco Santander (Brazil). This represents an annualized dividend of $ 2.13 and a dividend yield of 37.65%. Banco Santander (Brazil) ‘s dividend payout ratio (DPR) is currently 121.95%.

Several institutional investors have recently changed their stake in the company. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. strengthened its position in Banco Santander (Brazil) shares by 5.7% in the second quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 26,640 shares of the bank valued at $ 218,000 after purchasing 1,439 additional shares during the period. Intercontinental Wealth Advisors LLC strengthened its position in Banco Santander (Brazil) shares by 2.3% in the second quarter. Intercontinental Wealth Advisors LLC now owns 80,980 shares of the bank valued at $ 664,000 after purchasing an additional 1,810 shares during the period. American Century Companies Inc. strengthened its position in Banco Santander (Brazil) shares by 5.9% in the second quarter. American Century Companies Inc. now owns 37,416 shares of the bank valued at $ 307,000 after purchasing an additional 2,096 shares during the period. Checchi Capital Advisers LLC strengthened its position in Banco Santander (Brazil) shares by 10.7% in the second quarter. Checchi Capital Advisers LLC now owns 24,654 shares of the bank valued at $ 202,000 after purchasing an additional 2,383 shares during the period. Finally, BNP Paribas Arbitrage SA strengthened its position in Banco Santander (Brazil) shares by 9.7% in the second quarter. BNP Paribas Arbitrage SA now owns 33,693 shares of the bank valued at $ 276,000 after purchasing an additional 2,988 shares during the period. 14.40% of the shares are held by institutional investors and hedge funds.

About Banco Santander (Brazil)

Banco Santander (Brasil) SA provides banking and financial services. It operates through the following segments: Commercial Banking and Global Wholesale Banking. The Commercial Banking segment focuses on loans, cards, mortgages, consumer finance, payroll, agribusiness, microcredit, and corporate and private banking.

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