Banco Historical Income Statement

BSBR Stock  USD 3.88  0.04  1.04%   
Historical analysis of Banco Santander income statement accounts such as Interest Expense of 85.5 B, Selling General Administrative of 13.4 B or Total Revenue of 31.3 B can show how well Banco Santander Brasil performed in making a profits. Evaluating Banco Santander income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Banco Santander's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Banco Santander Brasil latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Banco Santander Brasil is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Banco Santander Brasil. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

About Banco Income Statement Analysis

Banco Santander Brasil Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Banco Santander shareholders. The income statement also shows Banco investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Banco Santander Income Statement Chart

At this time, Banco Santander's Tax Provision is relatively stable compared to the past year.

Total Revenue

Total revenue comprises all receipts Banco Santander Brasil generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Banco Santander Brasil minus its cost of goods sold. It is profit before Banco Santander operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Banco Santander Brasil. It is also known as Banco Santander overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Banco Santander's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Banco Santander Brasil current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Banco Santander Brasil. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At this time, Banco Santander's Tax Provision is relatively stable compared to the past year.
 2021 2022 2023 2024 (projected)
Interest Expense26.7B67.7B81.4B85.5B
Depreciation And Amortization2.4B2.6B2.7B2.9B

Banco Santander income statement Correlations

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0.490.50.410.410.620.220.010.030.770.250.20.230.160.63-0.240.050.220.480.450.830.57
0.440.50.840.840.730.320.240.260.310.610.160.790.240.490.220.420.560.570.630.430.59
0.130.410.841.00.660.340.290.290.110.930.270.850.650.430.40.610.820.880.750.410.6
0.130.410.841.00.660.340.290.290.110.930.270.850.650.430.40.610.820.880.750.410.6
0.560.620.730.660.660.520.40.430.460.560.410.620.310.66-0.150.150.530.520.680.770.68
-0.190.220.320.340.340.520.980.980.220.34-0.430.210.31-0.16-0.06-0.180.040.32-0.070.22-0.17
-0.310.010.240.290.290.40.981.00.050.31-0.480.20.29-0.30.03-0.160.020.25-0.150.03-0.29
-0.270.030.260.290.290.430.981.00.060.31-0.460.210.28-0.270.01-0.160.020.25-0.130.05-0.26
0.340.770.310.110.110.460.220.050.06-0.040.190.05-0.10.38-0.06-0.020.090.130.20.660.41
-0.010.250.610.930.930.560.340.310.31-0.040.330.740.830.340.40.590.870.880.70.30.52
0.540.20.160.270.270.41-0.43-0.48-0.460.190.330.380.170.710.060.450.650.230.750.440.82
0.220.230.790.850.850.620.210.20.210.050.740.380.250.430.480.770.780.670.790.210.65
-0.190.160.240.650.650.310.310.290.28-0.10.830.170.250.140.170.210.620.710.360.260.21
0.840.630.490.430.430.66-0.16-0.3-0.270.380.340.710.430.14-0.180.290.550.430.810.660.9
-0.43-0.240.220.40.4-0.15-0.060.030.01-0.060.40.060.480.17-0.180.660.480.370.17-0.330.17
-0.030.050.420.610.610.15-0.18-0.16-0.16-0.020.590.450.770.210.290.660.770.60.69-0.070.54
0.170.220.560.820.820.530.040.020.020.090.870.650.780.620.550.480.770.770.880.30.74
-0.020.480.570.880.880.520.320.250.250.130.880.230.670.710.430.370.60.770.690.420.55
0.510.450.630.750.750.68-0.07-0.15-0.130.20.70.750.790.360.810.170.690.880.690.530.91
0.510.830.430.410.410.770.220.030.050.660.30.440.210.260.66-0.33-0.070.30.420.530.65
0.660.570.590.60.60.68-0.17-0.29-0.260.410.520.820.650.210.90.170.540.740.550.910.65
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Banco Santander Account Relationship Matchups

Banco Santander income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization171.9K2.6B2.4B2.6B2.7B2.9B
Interest Expense28.5B18.3B26.7B67.7B81.4B85.5B
Selling General Administrative15.4B16.2B16.5B17.6B17.5B13.4B
Total Revenue47.0B32.4B48.7B43.3B40.0B31.3B
Gross Profit47.0B32.4B48.7B43.3B40.0B31.3B
Other Operating Expenses15.0B16.0B24.0B44.0B27.0B16.2B
Operating Income22.0B9.6B24.7B87.2B12.8B12.2B
Ebit24.4B9.6B24.7B87.2B(3.7B)(3.5B)
Ebitda24.4B12.2B27.2B89.8B(968.3M)(919.9M)
Total Operating Expenses15.0B16.0B(24.0B)44.0B40.0B42.0B
Income Before Tax22.3B9.7B24.8B19.6B11.9B11.0B
Total Other Income Expense Net224.5M(2.3B)(613.3M)(756.7M)(918.8M)(964.7M)
Net Income16.4B13.4B15.5B14.3B9.4B9.1B
Income Tax Expense5.6B(3.8B)9.2B5.2B2.4B1.8B
Cost Of Revenue442.9579.3659.69117.3B134.9B141.6B
Net Income Applicable To Common Shares14.1B13.6B15.5B14.3B16.4B17.3B
Minority Interest1.7B1.1B(31.3M)(52.4M)(46.0M)(43.7M)
Selling And Marketing Expenses712.9M654.2M621.4M540.6M522.0M616.7M
Net Income From Continuing Ops16.6B13.5B15.6B14.3B10.3B11.6B
Tax Provision5.6B(3.8B)9.2B5.2B2.6B2.8B
Net Interest Income44.3B44.4B51.3B47.5B46.1B45.5B
Interest Income72.8B62.8B78.0B115.2B126.4B90.9B
Reconciled Depreciation2.4B2.6B2.4B2.6B2.7B2.5B

Pair Trading with Banco Santander

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Banco Santander position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Banco Santander will appreciate offsetting losses from the drop in the long position's value.

Moving together with Banco Stock

  0.67NU Nu HoldingsPairCorr

Moving against Banco Stock

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The ability to find closely correlated positions to Banco Santander could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Banco Santander when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Banco Santander - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Banco Santander Brasil to buy it.
The correlation of Banco Santander is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Banco Santander moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Banco Santander Brasil moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Banco Santander can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Banco Stock Analysis

When running Banco Santander's price analysis, check to measure Banco Santander's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Banco Santander is operating at the current time. Most of Banco Santander's value examination focuses on studying past and present price action to predict the probability of Banco Santander's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Banco Santander's price. Additionally, you may evaluate how the addition of Banco Santander to your portfolios can decrease your overall portfolio volatility.