Banco Santander Brasil

Santander Brasil

Banco Santander (Brasil) S.A. (NYSE: BSBR, BM&FBOVESPA: SANB11) is the largest division of Spanish bank Santander in Latin America. With 69 million customers as of 2024, it is the fifth largest bank in the country in terms of total assets and the third largest privately owned bank. It operates in all segments of financial market through a network that at December 31, 2025 comprised 916 full service branches, 769 mini-branches and 6,006 of its own ATMs, primarily in Brazil's southern and southeastern regions, with a major presence in the states of São Paulo and Rio Grande do Sul, as well as access to a shared network of 26,705 Banco24Horas terminals. The company offers deposit products, consumer and business loans, pension and insurance services, credit and debit cards, trade finance, global custody and securities services, foreign exchange, private banking, asset management, internet banking and more. Banco Santander Brasil was established in 1982 and is headquartered in Sao Paulo, Brazil. As of December 31, 2025, it had total assets of BRL 1.270 trillion. At March 31, 2017 its total assets were BRL 634.757 billion and its total equity BRL 87.2 billion.

 Some Facts:

Net Income US$2.2 billion (2016)
Market capitalization US$29 billion (June 20, 2017)
Company size 49,661 employees (December 31, 2025)
Website www.santander.com.br

Head office address:
Av. Presidente Juscelino
Kubitschek 2041 and 2235
Bloco A, Vila Olimpia
São Paulo, SP 04543-011, Brazil

March 30, 2017

Qatar Investment Authority, the sovereign wealth fund of the State of Qatar, launched a secondary public offering of its American depositary shares of Banco Santander (Brasil). The fund holds 5.5% of the total outstanding shares of Banco Santander Brasil and intends to sell about 40% of its position. The offering will be underwritten by Credit Suisse, BofA Merrill Lynch, and Santander Investment Securities.

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