Earnings ·
Banco Santander (Brasil) reported second quarter 2026 earnings with recurring managerial net profit of R$3.0 billion…
BSBRBanco Santander (Brasil) S.A.
Banco Santander (Brasil) reported second quarter 2026 earnings with recurring managerial net profit of R$3.0 billion, a decline of 17.6% year-over-year and 20.4% quarter-over-quarter. Total revenues were R$20.7 billion, while the expanded loan portfolio grew 5.8% annually to R$714.8 billion. The cost of risk stood at 3.81%, reflecting a challenging credit environment and one-off provisions for wholesale cases. Regulatory capital ratios remained strong, with a CET1 ratio of 11.2% and a BIS ratio of 15.3%. Additionally, the company distributed R$2.0 billion in interim cash dividends (IoC) approved on April 10, 2026. Banco Santander (Brasil) operates as a major retail and corporate bank in Brazil.