Analysts expect Banco Santander Brasil SA (NYSE:BSBR) to post earnings of $0.14 per share for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have provided 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 firm is expected to announce its next quarterly earnings report on Wednesday, July 26th.

On average, analysts expect that Banco Santander Brasil SA will report full-year earnings of $0.56 per share for the current financial year, with EPS estimates ranging from $0.43 to $0.69. For the next fiscal year, analysts forecast that the business will post earnings of $0.60 per share, with EPS estimates ranging from $0.44 to $0.76. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that that provide coverage for Banco Santander Brasil SA.

Several research analysts have recently weighed in on BSBR shares. Citigroup Inc. raised shares of Banco Santander Brasil SA from a “sell” rating to a “neutral” rating in a report on Friday, April 7th. BidaskClub raised shares of Banco Santander Brasil SA from a “hold” rating to a “buy” rating in a report on Sunday. Santander raised shares of Banco Santander Brasil SA from a “sell” rating to a “neutral” rating in a report on Friday, April 7th. Deutsche Bank AG raised shares of Banco Santander Brasil SA from a “sell” rating to a “hold” rating and set a $8.00 price target on the stock in a report on Thursday, April 27th. Finally, ValuEngine raised shares of Banco Santander Brasil SA from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. One analyst has rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $12.22.

Banco Santander Brasil SA (NYSE BSBR) traded up 0.12% on Monday, hitting $8.35. The stock had a trading volume of 859,654 shares. The stock has a market capitalization of $31.40 billion and a price-to-earnings ratio of 13.87. Banco Santander Brasil SA has a 52 week low of $5.76 and a 52 week high of $11.75. The company has a 50-day moving average price of $7.78 and a 200-day moving average price of $9.00.

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A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Tower Research Capital LLC TRC raised 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 period. Goldman Sachs Group Inc. raised 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 period. Credit Suisse AG raised 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 period. Caxton Associates LP bought a new position in shares of Banco Santander Brasil SA during the first quarter valued at about $370,000. Finally, Paloma Partners Management Co bought a new position in shares of Banco Santander Brasil SA during the first quarter valued at about $241,000.

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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