31-Jan-2025
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Banco Santander (Brasil) SA is part of Santander Group, a Spanish bank present also in Brazil, Mexico, Argentina, and Chile. The bank's operations are divided into two major divisions: Commercial Banking provides services and products to individuals and companies. The revenue from this segment is derived from the banking and financial products and services available to the account and non-account holders. The Global Wholesale Banking offers a wide range of national and international tailored financial services and structured solutions for the global corporate customers, comprised mostly of local and multinational corporations. The bank has operations in Brazil and internationally.
Banco Santander Brasil SA American Depositary Shares Each Representing One Unit trades on the NYSE stock market under the symbol BSBR.
As of January 31, 2025, BSBR stock price climbed to $4.51 with 806,148 million shares trading.
BSBR has a beta of 0.47, meaning it tends to be less sensitive to market movements. BSBR has a correlation of 0.05 to the broad based SPY ETF.
BSBR has a market cap of $33.65 billion. This is considered a Large Cap stock.
In the last 3 years, BSBR traded as high as $7.98 and as low as $3.75.
BSBR has underperformed the market in the last year with a return of -16.5%, while the SPY ETF gained +26.1%. In the last 3 month period, BSBR fell short of the market, returning -3.3%, while SPY returned +6.2%. However, in the most recent 2 weeks BSBR has outperformed the stock market by returning +9.0%, while SPY returned +0.7%.
BSBR support price is $4.39 and resistance is $4.57 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BSBR shares will trade within this expected range on the day.