Banco Santander (Brasil) (NYSE:BSBR - Get Free Report) is expected to announce its earnings results on Wednesday, February 5th. Analysts expect the company to announce earnings of $0.18 per share and revenue of $3.19 billion for the quarter. Investors that wish to listen to the company's conference call can do so using this link.
Banco Santander (Brasil) Price Performance
Banco Santander (Brasil) stock traded up $0.02 during trading hours on Friday, hitting $4.50. 869,309 shares of the company traded hands, compared to its average volume of 694,765. Banco Santander has a 1-year low of $3.75 and a 1-year high of $6.01. The firm's 50-day simple moving average is $4.13 and its two-hundred day simple moving average is $4.81. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.25.
Banco Santander (Brasil) Cuts Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 24th. Investors of record on Friday, January 24th will be paid a dividend of $0.066 per share. The ex-dividend date of this dividend is Friday, January 24th. This represents a $0.26 dividend on an annualized basis and a dividend yield of 5.86%.
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on BSBR shares. Bank of America cut Banco Santander (Brasil) from a "buy" rating to a "neutral" rating in a research report on Tuesday, December 10th. StockNews.com downgraded shares of Banco Santander (Brasil) from a "buy" rating to a "hold" rating in a report on Tuesday, November 26th. Finally, JPMorgan Chase & Co. raised shares of Banco Santander (Brasil) from a "neutral" rating to an "overweight" rating and lowered their price objective for the stock from $7.00 to $6.00 in a research note on Monday, November 25th.
Check Out Our Latest Stock Analysis on BSBR
About Banco Santander (Brasil)
(
Get Free Report)
Banco Santander (Brasil) SA, together with its subsidiaries, provides various banking products and services to individuals, small and medium enterprises, and corporate customers in Brazil and internationally. The company operates through Commercial Banking and Global Wholesale Banking segments. It offers local loans, commercial financing options, development bank funds, and cash management services; export and import financing, guarantees, structuring of asset services.
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