Wall Street analysts expect Banco Santander Brasil SA (NYSE:BSBR) to announce earnings of $0.14 per share for the current quarter, according to Zacks Investment Research. Zero analysts have made estimates for Banco Santander Brasil SA’s earnings. The highest EPS estimate is $0.17 and the lowest is $0.11. Banco Santander Brasil SA posted earnings of $0.07 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 100%. The business is expected to announce its next earnings report on Wednesday, July 26th.

According to Zacks, analysts expect that Banco Santander Brasil SA will report full year earnings of $0.56 per share for the current fiscal year, with EPS estimates ranging from $0.43 to $0.69. For the next fiscal year, analysts expect that the firm will post earnings of $0.60 per share, with EPS estimates ranging from $0.44 to $0.76. Zacks’ EPS calculations are an average based on a survey of sell-side research firms that that provide coverage for Banco Santander Brasil SA.

BSBR has been the subject of a number of analyst reports. Zacks Investment Research raised Banco Santander Brasil SA from a “hold” rating to a “buy” rating and set a $8.50 price target for the company in a research note on Tuesday. JPMorgan Chase & Co. raised Banco Santander Brasil SA from an “underweight” rating to a “neutral” rating and boosted their price target for the company from $6.00 to $7.50 in a research note on Friday, May 19th. HSBC Holdings plc raised Banco Santander Brasil SA from a “reduce” rating to a “hold” rating in a research note on Thursday, May 18th. Bank of America Corp raised Banco Santander Brasil SA from an “underperform” rating to a “neutral” rating and boosted their price target for the company from $18.00 to $29.00 in a research note on Tuesday, May 2nd. Finally, Deutsche Bank AG raised Banco Santander Brasil SA from a “sell” rating to a “hold” rating and set a $8.00 price target for the company in a research note on Thursday, April 27th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the company. Banco Santander Brasil SA has an average rating of “Hold” and a consensus target price of $12.22.

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Tower Research Capital LLC TRC increased its position in shares of Banco Santander Brasil SA by 155.0% in the first quarter. Tower Research Capital LLC TRC now owns 31,369 shares of the bank’s stock valued at $276,000 after buying an additional 19,066 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of Banco Santander Brasil SA by 48.2% in the first quarter. Goldman Sachs Group Inc. now owns 1,742,677 shares of the bank’s stock valued at $15,370,000 after buying an additional 566,989 shares during the last quarter. Credit Suisse AG increased its position in shares of Banco Santander Brasil SA by 85.6% in the first quarter. Credit Suisse AG now owns 473,361 shares of the bank’s stock valued at $4,175,000 after buying an additional 218,333 shares during the last quarter. Caxton Associates LP acquired a new position in shares of Banco Santander Brasil SA during the first quarter valued at approximately $370,000. Finally, Paloma Partners Management Co acquired a new position in shares of Banco Santander Brasil SA during the first quarter valued at approximately $241,000.

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Shares of Banco Santander Brasil SA (NYSE:BSBR) traded up 2.11% during midday trading on Friday, hitting $7.76. 2,625,305 shares of the company were exchanged. The company has a market capitalization of $29.18 billion and a P/E ratio of 12.36. The company has a 50-day moving average of $8.22 and a 200 day moving average of $9.07. Banco Santander Brasil SA has a one year low of $4.72 and a one year high of $11.75.

The firm also recently announced a special dividend, which will be paid on Friday, June 2nd. Shareholders of record on Monday, May 8th will be paid a dividend of $0.035 per share. The ex-dividend date of this dividend is Thursday, May 4th.

Banco Santander Brasil SA Company Profile

Banco Santander (Brasil) SA (the Bank) is indirectly controlled by Banco Santander, SA, and is an institution of the Financial and Prudential Group. The Bank operates through two segments, Commercial Banking and Global Wholesale Banking. The Company conducts its operations by means of portfolios such as commercial, investment, lending and financing, mortgage lending, leasing, credit card operations and foreign exchange.

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