Brasil Business news

Zacks: Brokerages Anticipate Banco Santander (Brasil) S.A. (NYSE:BSBR) to Put up $0.21 Earnings Per Share

Wall Road brokerages forecast that Banco Santander (Brasil) S.A. (NYSE:BSBR) will announce $0.21 earnings per share (EPS) for the present quarter, in response to Zacks. Zero analysts have made estimates for Banco Santander (Brasil)’s earnings. Banco Santander (Brasil) posted earnings of $0.18 per share throughout the identical quarter final yr, which might counsel a constructive year-over-year progress fee of 16.7%. The agency is scheduled to announce its subsequent earnings report on Friday, February twenty fifth.

On common, analysts count on that Banco Santander (Brasil) will report full yr earnings of $0.78 per share for the present monetary yr, with EPS estimates starting from $0.76 to $0.81. For the following monetary yr, analysts count on that the enterprise will report earnings of $0.88 per share, with EPS estimates starting from $0.86 to $0.89. Zacks Funding Analysis’s earnings per share calculations are a imply common based mostly on a survey of analysis analysts that comply with Banco Santander (Brasil).

Banco Santander (Brasil) (NYSE:BSBR) final issued its quarterly earnings outcomes on Wednesday, October twenty seventh. The financial institution reported $0.09 earnings per share (EPS) for the quarter, lacking the consensus estimate of $0.21 by ($0.12). Banco Santander (Brasil) had a internet margin of 13.61% and a return on fairness of 12.68%. The agency had income of $2.72 billion for the quarter.

Individually, Zacks Funding Analysis lowered Banco Santander (Brasil) from a “purchase” ranking to a “maintain” ranking in a analysis notice on Friday, October twenty ninth.

Shares of BSBR inventory opened at $5.66 on Monday. Banco Santander has a 1 yr low of $5.58 and a 1 yr excessive of $9.27. The inventory has a market cap of $21.22 billion, a PE ratio of 13.80, a price-to-earnings-growth ratio of 0.73 and a beta of 1.03. The enterprise’s fifty day shifting common is $6.26 and its 200-day shifting common is $7.27.

The enterprise additionally just lately disclosed a quarterly dividend, which might be paid on Monday, December thirteenth. Stockholders of report on Monday, November eighth might be paid a dividend of $0.5327 per share. The ex-dividend date is Friday, November fifth. This can be a constructive change from Banco Santander (Brasil)’s earlier quarterly dividend of $0.44. This represents a $2.13 annualized dividend and a dividend yield of 37.65%. Banco Santander (Brasil)’s dividend payout ratio (DPR) is at present 121.95%.

A number of institutional traders have just lately modified their holdings of the corporate. Mitsubishi UFJ Kokusai Asset Administration Co. Ltd. boosted its place in shares of Banco Santander (Brasil) by 5.7% within the second quarter. Mitsubishi UFJ Kokusai Asset Administration Co. Ltd. now owns 26,640 shares of the financial institution’s inventory price $218,000 after shopping for an extra 1,439 shares throughout the interval. Intercontinental Wealth Advisors LLC boosted its place in shares of Banco Santander (Brasil) by 2.3% within the second quarter. Intercontinental Wealth Advisors LLC now owns 80,980 shares of the financial institution’s inventory price $664,000 after shopping for an extra 1,810 shares throughout the interval. American Century Firms Inc. boosted its place in shares of Banco Santander (Brasil) by 5.9% within the second quarter. American Century Firms Inc. now owns 37,416 shares of the financial institution’s inventory price $307,000 after shopping for an extra 2,096 shares throughout the interval. Checchi Capital Advisers LLC boosted its place in shares of Banco Santander (Brasil) by 10.7% within the second quarter. Checchi Capital Advisers LLC now owns 24,654 shares of the financial institution’s inventory price $202,000 after shopping for an extra 2,383 shares throughout the interval. Lastly, BNP Paribas Arbitrage SA boosted its place in shares of Banco Santander (Brasil) by 9.7% within the second quarter. BNP Paribas Arbitrage SA now owns 33,693 shares of the financial institution’s inventory price $276,000 after shopping for an extra 2,988 shares throughout the interval. 14.40% of the inventory is owned by institutional traders and hedge funds.

About Banco Santander (Brasil)

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

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This prompt information alert was generated by narrative science expertise and monetary knowledge from MarketBeat in an effort to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial group previous to publication. Please ship any questions or feedback about this story to [email protected]

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