Brokerages expect Banco Santander Brasil SA (NYSE:BSBR) to announce earnings of $0.23 per share for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have provided estimates for Banco Santander Brasil’s earnings. The highest EPS estimate is $0.24 and the lowest is $0.21. Banco Santander Brasil reported earnings of $0.18 per share in the same quarter last year, which would suggest a positive year over year growth rate of 27.8%. The firm is expected to issue its next earnings results on Friday, August 10th.

According to Zacks, analysts expect that Banco Santander Brasil will report full year earnings of $0.93 per share for the current financial year, with EPS estimates ranging from $0.87 to $0.99. For the next fiscal year, analysts forecast that the firm will report earnings of $0.93 per share, with EPS estimates ranging from $0.90 to $0.96. Zacks’ EPS averages are a mean average based on a survey of research firms that cover Banco Santander Brasil.

Several analysts recently commented on BSBR shares. ValuEngine upgraded Banco Santander Brasil from a “hold” rating to a “buy” rating in a research report on Friday, July 20th. Zacks Investment Research upgraded Banco Santander Brasil from a “hold” rating to a “buy” rating and set a $12.00 target price on the stock in a research report on Thursday, April 26th. Credit Suisse Group cut Banco Santander Brasil from an “outperform” rating to a “neutral” rating in a research report on Tuesday, June 12th. JPMorgan Chase & Co. cut Banco Santander Brasil from an “overweight” rating to a “neutral” rating and set a $12.00 target price on the stock. in a research report on Thursday, June 7th. Finally, Citigroup upgraded Banco Santander Brasil from a “sell” rating to a “neutral” rating in a research report on Tuesday, June 5th. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Banco Santander Brasil currently has a consensus rating of “Hold” and a consensus target price of $12.00.

BSBR traded down $0.53 during trading hours on Friday, hitting $9.15. The company’s stock had a trading volume of 1,724,523 shares, compared to its average volume of 1,385,997. Banco Santander Brasil has a fifty-two week low of $7.20 and a fifty-two week high of $12.11. The stock has a market cap of $36.29 billion, a P/E ratio of 12.53, a P/E/G ratio of 0.93 and a beta of 1.69.

The company also recently declared a special dividend, which was paid on Friday, August 3rd. Shareholders of record on Friday, July 6th were paid a dividend of $0.0423 per share. The ex-dividend date of this dividend was Thursday, July 5th. Banco Santander Brasil’s payout ratio is currently 23.29%.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. American Century Companies Inc. boosted its stake in Banco Santander Brasil by 3.8% during the 1st quarter. American Century Companies Inc. now owns 163,069 shares of the bank’s stock valued at $1,960,000 after purchasing an additional 6,035 shares in the last quarter. Sei Investments Co. boosted its stake in Banco Santander Brasil by 16.6% during the 2nd quarter. Sei Investments Co. now owns 63,957 shares of the bank’s stock valued at $480,000 after purchasing an additional 9,102 shares in the last quarter. Jane Street Group LLC bought a new position in Banco Santander Brasil during the 4th quarter valued at $130,000. NumerixS Investment Technologies Inc boosted its stake in Banco Santander Brasil by 245.8% during the 2nd quarter. NumerixS Investment Technologies Inc now owns 20,400 shares of the bank’s stock valued at $152,000 after purchasing an additional 14,500 shares in the last quarter. Finally, Eagle Asset Management Inc. bought a new position in Banco Santander Brasil during the 1st quarter valued at $198,000. 1.38% of the stock is owned by hedge funds and other institutional investors.

Banco Santander Brasil Company Profile

Banco Santander (Brasil) SA provides banking products and services in Brazil and internationally. The company operates in two segments, Commercial Banking and Global Wholesale Banking. It offers savings and investment products, annuities, loans and advances, mortgage loans, credit cards, pension plans, and social securities, as well as leasing and foreign exchange services.

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