Banco Santander Brasil SA (NYSE:BSBR) announced a quarterly dividend on Thursday, July 30th, Wall Street Journal reports. Investors of record on Monday, August 10th will be paid a dividend of 0.0401 per share by the bank on Monday, October 5th. This represents a $0.16 annualized dividend and a yield of 2.80%. The ex-dividend date is Friday, August 7th.
Shares of NYSE BSBR opened at $5.72 on Friday. The firm has a market capitalization of $22.61 billion, a PE ratio of 7.27, a PEG ratio of 4.80 and a beta of 1.03. Banco Santander Brasil has a one year low of $3.69 and a one year high of $12.68. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.14. The business has a 50-day moving average price of $5.60 and a two-hundred day moving average price of $6.52.
Banco Santander Brasil (NYSE:BSBR) last posted its quarterly earnings results on Tuesday, April 28th. The bank reported $0.11 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.07). The company had revenue of $3.71 billion for the quarter. Banco Santander Brasil had a return on equity of 15.84% and a net margin of 17.83%. Research analysts anticipate that Banco Santander Brasil will post 0.57 EPS for the current year.
A number of equities research analysts have issued reports on the stock. ValuEngine raised shares of Banco Santander Brasil from a “strong sell” rating to a “sell” rating in a research note on Wednesday, June 3rd. Goldman Sachs Group cut Banco Santander Brasil from a “neutral” rating to a “sell” rating in a research report on Monday, June 15th. Citigroup lowered Banco Santander Brasil from a “buy” rating to a “neutral” rating in a research report on Friday, May 29th. Finally, Zacks Investment Research lowered Banco Santander Brasil from a “buy” rating to a “hold” rating in a report on Thursday, June 11th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $7.38.
About Banco Santander Brasil
Banco Santander (Brasil) SA provides commercial banking products and services to individuals, small and medium enterprises, and corporate customers in Brazil and internationally. It operates through two segments, Commercial Banking and Global Wholesale Banking. The company offers checking and savings accounts; priority services, such as withdrawals, debit cards, deposits, and transfers; onshore and offshore financial products and services, investment advice, and asset management services; consumer credit for purchasing motor vehicles, and other goods and services; local loans, commercial finance, trade finance, guarantees, structured loans, and cash management and funding solutions, as well as Banco Nacional de Desenvolvimento Econômico e Social on-lending transfer services; payroll, mortgage, and agribusiness loans, as well as microcredit; investment products; and credit cards and foreign exchange services.
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