Brasil Business news

Banco Santander (Brasil) S.A. (NYSE:BSBR) Brief Curiosity Up 57.3% in October

Banco Santander (Brasil) S.A. (NYSE:BSBR) was the recipient of a big improve in brief curiosity throughout the month of October. As of October fifteenth, there was quick curiosity totalling 3,430,000 shares, a rise of 57.3% from the September thirtieth complete of two,180,000 shares. Primarily based on a median every day quantity of 980,500 shares, the short-interest ratio is presently 3.5 days.

Individually, Zacks Funding Analysis reduce shares of Banco Santander (Brasil) from a “purchase” score to a “maintain” score in a report on Friday.

NYSE BSBR opened at $6.11 on Friday. Banco Santander has a 12 month low of $5.47 and a 12 month excessive of $9.27. The corporate’s 50-day shifting common value is $6.93 and its 200-day shifting common value is $7.52. The inventory has a market cap of $22.91 billion, a PE ratio of 11.98, a PEG ratio of 0.81 and a beta of 1.00.

Banco Santander (Brasil) (NYSE:BSBR) final issued its quarterly earnings knowledge on Wednesday, July twenty eighth. The financial institution reported $0.05 earnings per share for the quarter, lacking the Zacks’ consensus estimate of $0.19 by ($0.14). Banco Santander (Brasil) had a internet margin of 15.65% and a return on fairness of 14.58%. The agency had income of $3.27 billion throughout the quarter. Analysis analysts forecast that Banco Santander will publish 0.77 earnings per share for the present 12 months.

The enterprise additionally just lately declared a quarterly dividend, which will probably be paid on Monday, December thirteenth. Stockholders of report on Monday, November eighth will probably be paid a dividend of $0.5327 per share. This represents a $2.13 annualized dividend and a dividend yield of 34.87%. The ex-dividend date of this dividend is Friday, November fifth. This can be a enhance from Banco Santander (Brasil)’s earlier quarterly dividend of $0.44. Banco Santander (Brasil)’s dividend payout ratio is 54.29%.

Institutional traders have just lately added to or lowered their stakes within the firm. Northern Belief Corp raised its stake in shares of Banco Santander (Brasil) by 7.6% throughout the first quarter. Northern Belief Corp now owns 1,561,785 shares of the financial institution’s inventory price $11,010,000 after buying an extra 110,917 shares over the last quarter. Mirae Asset International Investments Co. Ltd. raised its stake in shares of Banco Santander (Brasil) by 15.3% throughout the first quarter. Mirae Asset International Investments Co. Ltd. now owns 28,741 shares of the financial institution’s inventory price $203,000 after buying an extra 3,809 shares over the last quarter. UBS Group AG raised its stake in shares of Banco Santander (Brasil) by 8.2% throughout the first quarter. UBS Group AG now owns 18,993 shares of the financial institution’s inventory price $134,000 after buying an extra 1,433 shares over the last quarter. Optiver Holding B.V. bought a brand new stake in shares of Banco Santander (Brasil) throughout the first quarter price roughly $5,716,000. Lastly, Royal Financial institution of Canada raised its stake in shares of Banco Santander (Brasil) by 269.6% throughout the first quarter. Royal Financial institution of Canada now owns 49,876 shares of the financial institution’s inventory price $351,000 after buying an extra 36,380 shares over the last quarter. Institutional traders and hedge funds personal 14.41% of the corporate’s inventory.

Banco Santander (Brasil) Firm Profile

Banco Santander (Brasil) SA engages within the provision of banking and monetary providers. It operates by means of the next segments: Industrial Financial institution and International Wholesale Banking. The Industrial Financial institution section focuses on loans, playing cards, mortgages, client financing, payroll, agribusiness, micro credit score, and company and personal banking.

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