Banco Santander (Brasil) S.A.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Banco Santander (Brasil) S.A. reported net income of $13.0B (-3.3% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Interest and similar income | $162.5B | $137.2B | $128.3B | $115.2B |
| Interest and similar expenses | ($104.9B) | ($80.5B) | ($81.4B) | ($67.7B) |
| Net Interest Income | $57.6B | $56.7B | $46.9B | $47.5B |
| Equity instrument income | $85.5M | $83.6M | $22.2M | $38.1M |
| Equity method income (loss) | $458.3M | $313.0M | $239.2M | — |
| Fee and commission income | $25.5B | $23.7B | $22.5B | $21.2B |
| Fee and commission expense | ($8.0B) | ($6.5B) | ($6.8B) | ($6.4B) |
| Gains (losses) on financial assets and liabilities (net) | $10.9B | ($1.4B) | $2.7B | $4.2B |
| Financial assets measured at fair value through profit or loss | $7.9B | ($641.1M) | $3.4B | $1.6B |
| Financial instruments not measured at fair value through profit or loss | ($416.4M) | ($180.4M) | ($463.8M) | ($239.8M) |
| Hedge and Other | $3.5B | ($537.1M) | ($247.5M) | ($408.0M) |
| Foreign exchange fluctuations (net) | ($10.8B) | $1.5B | $1.1B | $545.9M |
| Other operating expense (net) | ($808.3M) | ($652.1M) | ($715.8M) | ($841.0M) |
| Total Income | $75.0B | $73.8B | $65.9B | $66.5B |
| Administrative expenses | ($20.9B) | ($20.4B) | ($19.6B) | ($18.2B) |
| Personnel expenses | ($11.7B) | ($11.6B) | ($10.8B) | ($9.9B) |
| Other administrative expenses | ($9.2B) | ($8.8B) | ($8.7B) | ($8.3B) |
| Depreciation and amortization | ($2.6B) | ($2.7B) | ($2.7B) | ($2.6B) |
| Permanent assets | ($1.1B) | ($1.6B) | ($1.8B) | ($1.9B) |
| Intangible assets | ($1.5B) | ($1.1B) | ($899.3M) | ($725.5M) |
| Provisions (net) | ($5.0B) | ($4.6B) | ($4.4B) | ($1.2B) |
| Impairment losses on financial assets (net) | ($29.5B) | ($28.5B) | ($28.0B) | ($24.8B) |
| Financial assets measured at amortized cost | ($29.5B) | ($28.5B) | ($28.0B) | — |
| Impairment losses on other assets (net) | ($396.9M) | ($252.5M) | ($250.2M) | ($161.4M) |
| Other intangible assets | ($67.0M) | ($48.9M) | ($19.5M) | ($31.3M) |
| Other assets | ($329.9M) | ($203.6M) | ($230.7M) | ($130.2M) |
| Gains (losses) on disposal of assets not classified as non-current assets held for sale | $111.0M | $1.8B | $998.4M | $22.4M |
| Gain/Loss on Dispositions | $101.1M | $106.0M | $45.2M | $109.1M |
| Operating Income Before Tax | $16.7B | $19.2B | $11.9B | $19.6B |
| Income taxes | ($3.8B) | ($5.8B) | ($2.4B) | ($5.2B) |
| Net Income | $12.8B | $13.4B | $9.4B | $14.3B |
| Net Income Attributable to Noncontrolling Interest | $199.1M | $48.3M | $49.5M | $52.4M |
| Consolidated Net Income for the Fiscal Year | $13.0B | $13.4B | $9.5B | $14.3B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash | $20.2B | $37.1B | $23.1B | $22.0B |
| Debt instruments | $95.5B | $107.6B | $84.3B | $4.0B |
| Equity instruments | $4.9B | $3.0B | $3.4B | $2.4B |
| Derivatives | $65.6B | $40.2B | $29.3B | — |
| Loans and advances to customers | $6.4B | $4.9B | $3.0B | $1.9B |
| Compulsory deposits with the Brazilian Central Bank | $90.0B | $75.4B | $88.9B | — |
| Financial Assets Measured at Fair Value Through Profit or Loss | $262.4B | $231.0B | $208.9B | $58.5B |
| Debt instruments | $69.4B | $92.1B | $59.0B | $62.2B |
| Equity instruments | $92.4M | $19.6M | $16.0M | $240.1M |
| Financial Assets Measured At Fair Value Through Other Comprehensive Income | $69.4B | $92.1B | $59.1B | $55.4B |
| Loans and other receivables from credit institutions | $35.9B | $30.2B | $25.7B | — |
| Loans and advances to customers | $558.1B | $561.2B | $514.9B | $488.7B |
| Debt instruments | $114.7B | $84.5B | $101.1B | $55.4B |
| Compulsory deposits with the Brazilian Central Bank | $91.8B | $92.4B | $82.0B | — |
| Financial Assets Measured At Amortized Cost | $800.5B | $768.3B | $723.7B | $663.8B |
| Derivatives Used as Hedge Accounting | $217.5M | $30.5M | $25.1M | $1.7B |
| Non-Current Assets Held For Sale | $1.4B | $1.0B | $914.1M | $699.1M |
| Investments in Associates and Joint Ventures | $3.5B | $3.6B | $1.6B | $1.7B |
| Current | $14.2B | $11.6B | $9.4B | $7.8B |
| Deferred Tax Assets, Non-Current | $50.9B | $48.2B | $43.4B | $38.6B |
| Tax Assets | $65.1B | $59.8B | $52.8B | $46.4B |
| Other Assets | $8.9B | $7.0B | $6.0B | $8.3B |
| Property, Plant and Equipment | $5.0B | $6.0B | $7.1B | $8.2B |
| Intangible Assets | $33.2B | $32.8B | $32.4B | $31.6B |
| Goodwill | $27.8B | $27.9B | $27.9B | $27.9B |
| Other intangible assets | $5.4B | $4.9B | $4.5B | $3.7B |
| Total Assets | $1.3T | $1.2T | $1.1T | $985.5B |
| Derivatives | $59.8B | $39.3B | $23.8B | $18.7B |
| Short positions | $49.4B | $39.4B | $19.8B | $22.0B |
| Liabilities arising from securities | $3.3B | $4.0B | $6.0B | — |
| Financial Liabilities Measured At Fair Value Through Profit or Loss | $112.5B | $82.7B | $49.6B | $40.7B |
| Credit institution deposits | $146.9B | $158.6B | $118.5B | $116.1B |
| Customer deposits | $593.3B | $605.1B | $583.2B | $490.0B |
| Liabilities arising from securities | $156.7B | $135.6B | $124.4B | $107.1B |
| Debt Instruments Eligible to Compose Capital | $28.1B | $23.1B | $19.6B | $19.5B |
| Other financial liabilities | $67.4B | $79.2B | $64.8B | $62.6B |
| Financial Liabilities at Amortized Cost | $992.4B | $1.0T | $910.6B | $795.3B |
| Derivatives Used as Hedge Accounting | $184.0M | $129.8M | $1.2B | — |
| Obligations for pension funds and similar liabilities | $1.4B | $1.4B | $2.5B | $1.8B |
| Provisions for judicial and administrative proceedings, commitments, and other provisions | $10.4B | $9.6B | $8.9B | $7.3B |
| Provisions | $11.8B | $11.0B | $11.5B | $9.1B |
| Taxes Payable | $4.8B | $4.5B | $5.3B | $4.2B |
| Deferred Tax Liabilities, Non-Current | $4.6B | $5.7B | $3.7B | $3.6B |
| Tax Liabilities | $9.4B | $10.2B | $9.0B | $7.8B |
| Other Liabilities | $17.2B | $13.4B | $19.0B | $12.9B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Consolidated Net Income for the Fiscal Year | $13.0B | $13.4B | $9.5B | — |
| Profit Adjustments | $14.1B | $1.1B | $6.0B | $50.8B |
| Depreciation of Tangible Assets | $1.1B | $1.6B | $1.8B | $1.9B |
| Amortization of Intangible Assets | $1.5B | $1.1B | $899.3M | $725.5M |
| Impairment Losses on Other Assets (Net) | $396.9M | $252.5M | $250.2M | $161.4M |
| Provisions (Net) | $5.0B | $4.6B | $32.4B | $26.0B |
| Impairment losses on financial assets (net) | $29.5B | — | — | — |
| Net gains on disposal of permanent assets, investments, and non-current assets held for sale | ($212.1M) | ($1.9B) | ($855.6M) | ($130.7M) |
| Income (Loss) Share under the Equity Method | ($458.3M) | ($313.0M) | ($239.2M) | ($199.2M) |
| Deferred Taxes | ($4.3B) | ($886.0M) | — | — |
| Judicial Deposits Adjustment | ($724.0M) | ($689.8M) | ($728.7M) | — |
| Recoverable Taxes Adjustment | ($496.7M) | ($376.9M) | ($557.0M) | ($813.2M) |
| Effects of Exchange Rate Fluctuations on Assets and Liabilities | ($17.3B) | ($30.8B) | ($21.4B) | — |
| Net (Increase) Decrease in Operating Assets | ($46.7B) | ($187.7B) | ($129.1B) | ($91.0B) |
| Financial Assets Measured at Fair Value through Profit or Loss | ($30.5B) | ($21.0B) | ($88.0B) | ($39.7B) |
| Financial Assets Measured at Fair Value Through Other Comprehensive Income | $17.9B | ($39.0B) | ($3.9B) | $45.8B |
| Financial Assets Measured at Amortized Cost | ($37.4B) | ($124.9B) | ($41.9B) | ($46.3B) |
| Other Assets | $3.4B | ($2.8B) | $4.7B | ($4.0B) |
| Net Increase (Decrease) in Operating Liabilities | $31.1B | $157.5B | $156.1B | $38.8B |
| Financial Liabilities Measured at Fair Value Through Profit or Loss | $29.7B | $33.1B | ($86.8M) | $1.5B |
| Financial Liabilities Measured at Amortized Cost | ($10.3B) | $130.9B | $144.4B | — |
| Other Liabilities | $11.7B | ($6.6B) | $11.8B | $961.3M |
| Tax Paid | ($6.5B) | ($5.4B) | ($5.9B) | ($6.1B) |
| Total Net Cash Flow from Operating Activities (1) | $5.0B | ($21.1B) | $36.6B | $6.8B |
| Investments | ($4.2B) | ($3.4B) | ($4.0B) | ($3.8B) |
| Increase in Subsidiaries | ($7.5M) | ($114.2M) | ($5.1M) | ($460.2M) |
| Tangible Assets | ($921.4M) | ($855.0M) | ($1.4B) | ($1.1B) |
| Intangible Assets | ($2.2B) | ($1.8B) | ($1.9B) | ($1.7B) |
| Non-current Assets Held for Sale | ($1.0B) | ($711.7M) | ($605.3M) | ($480.5M) |
| Disposal | $600.9M | $1.0B | $719.7M | $1.1B |
| Tangible Assets | ($513.2M) | $333.4M | — | $148.6M |
| Intangible Assets | $482.1M | $110.1M | $185.2M | $144.7M |
| Non-current Assets Held for Sale | $632.0M | $601.4M | $417.2M | $632.9M |
| Dividends / Interest on Equity Received from Investments in Associates and Jointly Controlled Entities | $229.4M | $375.2M | — | — |
| Total Net Cash Flow from Investing Activities (2) | ($3.3B) | ($2.0B) | ($2.6B) | ($2.7B) |
| Acquisition (Disposal) of Own Shares | 165.1M | 222.1M | — | — |
| Issuance (Repurchase) of Debt Instruments Eligible as Capital | $2.4B | $68.5M | — | — |
| Issuance of Other Long-term Financial Liabilities | $88.5B | $39.5B | $75.4B | $60.6B |
| Dividends and Interest on Equity Paid | ($6.5B) | ($5.6B) | ($5.5B) | ($7.4B) |
| Payments of Other Long-term Financial Liabilities | ($79.9B) | ($33.0B) | ($63.4B) | ($39.2B) |
| Interest Payments on Debt Instruments Eligible as Capital | ($1.1B) | ($132.2M) | ($714.0M) | ($861.7M) |
| Increase (Decrease) in Non-controlling Interests | $876.2M | ($112.7M) | ($134.2M) | $20.4M |
| Total Net Cash Flow from Financing Activities (3) | $4.4B | $930.2M | $5.8B | $12.8B |
| Net Increase (Decrease) in Cash and Cash Equivalents (1+2+3) | $6.1B | ($22.2B) | $39.9B | $16.9B |
| Cash and Cash Equivalents at the Beginning of the Fiscal Year | $67.2B | $89.4B | $49.6B | $32.7B |
Banco Santander (Brasil) S.A. score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.